ARSS Infrastructure Projects
No trades in 1Y
Key Insights
Strengths
3- Company has reduced debt.
- Stock is trading at 0.13 times its book value
- Company is expected to give good quarter
Weaknesses
6- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.1% over past five years.
- Contingent liabilities of Rs.168 Cr.
- Company might be capitalizing the interest cost
- Debtor days have increased from 59.9 to 150 days.
- Working capital days have increased from -1,578 days to 423 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bullish | 2 | 8 | 9 |
| Oscillators | Bearish | 1 | 8 | 0 |
| Moving Averages | Strong Bullish | 1 | 0 | 9 |
Oscillators
Bearish
Overall
Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 60.07
- Neutral
- MACD (12,26,9)
- 0.91
- Bearish
- SMA (50)
- 52.09
- Bullish
- SMA (200)
- 38.14
- Bullish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −13.37% |
|---|---|
| 5Y | −10.05% |
| 3Y | −28.71% |
| 1Y | −11.52% |
| TTM | +43.88% |
Net profit
| 10Y | Turned to loss |
|---|---|
| 5Y | Loss widened by ₹3,502 Cr |
| 3Y | Turned to loss |
| 1Y | Loss widened by ₹3,546 Cr |
| TTM | Loss widened by ₹3,324 Cr |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Outflow widened by ₹5 Cr |
| 3Y | Turned negative |
| 1Y | Outflow narrowed by ₹1 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −107.74 pp |
|---|---|
| 5Y | −49.58 pp |
| 3Y | −75.41 pp |
| 1Y | −69.52 pp |
| TTM | +128.79 pp |
Revenue by year
| Mar 2017 | ₹837 Cr |
|---|---|
| Mar 2018 | ₹584 Cr |
| Mar 2019 | ₹459 Cr |
| Mar 2020 | ₹289 Cr |
| Mar 2021 | ₹248 Cr |
| Mar 2022 | ₹289 Cr |
| Mar 2023 | ₹403 Cr |
| Mar 2024 | ₹321 Cr |
| Mar 2025 | ₹165 Cr |
| Mar 2026 | ₹146 Cr |
Net profit by year
| Mar 2017 | −₹333 Cr |
|---|---|
| Mar 2018 | −₹58.00 Cr |
| Mar 2019 | −₹12.00 Cr |
| Mar 2020 | ₹9.00 Cr |
| Mar 2021 | −₹52.00 Cr |
| Mar 2022 | −₹110 Cr |
| Mar 2023 | ₹6.00 Cr |
| Mar 2024 | −₹35.00 Cr |
| Mar 2025 | −₹8.00 Cr |
| Mar 2026 | −₹3,554 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 68 | 75 | 105 | 87 | 34 | 20 | 25 | 19 | 11 | 38 | 77 | 15 |
| Expenses | 90 | 68 | 104 | 107 | 86 | 36 | 20 | 36 | 134 | 16 | 41 | 68 | 20 |
| Operating Profit | −17 | 0 | −28 | −2 | 1 | −2 | −1 | −11 | −115 | −5 | −2 | 9 | −6 |
| OPM % | −23% | 0.7% | −38% | −1.9% | 0.6% | −6% | −3.8% | −43% | −617% | −40% | −6% | 12% | −40% |
| Other Income | 1.47 | 2 | 7 | 3.31 | 1 | 3 | 1 | 2 | 1 | −3,222 | 4 | −207 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | −16 | 3 | −21 | 1 | 1 | 1 | 0 | −9 | −115 | −3,227 | 1 | −210 | −11 |
| Tax % | 3% | 18% | 2% | 34% | 34% | −10% | 172% | 5% | 0% | 0% | 113% | 0% | 0% |
| Net Profit | −16 | 2 | −22 | 1 | 1 | 1 | 0 | −10 | −116 | −3,227 | 0 | −211 | −11 |
| EPS (₹) | −7.07 | 0.97 | −9.62 | 0.4 | 0.33 | 0.52 | −0.08 | −4.18 | −50.81 | −1,419 | −0.05 | −92.59 | −4.79 |
Profit & Loss
₹ Cr| Particulars | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,183 | 613 | 837 | 584 | 459 | 289 | 248 | 289 | 403 | 321 | 165 | 146 | 142 |
| Expenses | 1,021 | 427 | 1,072 | 526 | 450 | 318 | 318 | 411 | 411 | 367 | 178 | 259 | 146 |
| Operating Profit | 162 | 186 | −236 | 58 | 9 | −29 | −69 | −122 | −8 | −46 | −13 | −113 | −4 |
| OPM % | 14% | 30% | −28% | 10% | 2% | −10% | −28% | −42% | −2% | −14% | −8% | −78% | −2.8% |
| Other Income | 14 | 21 | 12 | −76 | 25 | 66 | 33 | 17 | 18 | 15 | 8 | −3,425 | −3,425 |
| Interest | 162 | 165 | 81 | 41 | 29 | 5 | 2 | 2 | 1 | 1 | 1 | 12 | 17 |
| Depreciation | 38 | 36 | 33 | 24 | 22 | 21 | 11 | 1 | 1 | 1 | 1 | 1 | 1 |
| PBT | −24 | 6 | −337 | −82 | −17 | 11 | −50 | −108 | 8 | −33 | −7 | −3,553 | −3,447 |
| Tax % | 24% | 19% | −1% | −29% | −32% | 17% | 4% | 2% | 27% | 6% | 17% | 0% | — |
| Net Profit | −30 | 5 | −333 | −58 | −12 | 9 | −52 | −110 | 6 | −35 | −8 | −3,554 | −3,449 |
| EPS (₹) | −19.95 | 3.38 | −224 | −25.69 | −5.2 | 3.98 | −22.85 | −48.56 | 2.6 | −15.32 | −3.42 | −1,563 | −1,517 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 90 |
| Reserves | 404 | 352 | 16 | 9 | −2 | 7 | −45 | −156 | −150 | −184 | −192 | 865 |
| Borrowings | 1,174 | 1,956 | 1,780 | 1,758 | 1,755 | 1,647 | 1,630 | 1,628 | 1,626 | 1,632 | 1,632 | 264 |
| Other Liabilities | 323 | 165 | 106 | 86 | 115 | 86 | 79 | 93 | 93 | 132 | 117 | 55 |
| Total Liabilities | 1,916 | 2,488 | 1,917 | 1,876 | 1,890 | 1,763 | 1,687 | 1,588 | 1,592 | 1,602 | 1,580 | 1,274 |
| Fixed Assets | 429 | 266 | 207 | 87 | 63 | 41 | 32 | 35 | 37 | 36 | 36 | 35 |
| CWIP | 59 | 106 | 99 | 107 | 104 | 85 | 68 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18 | 25 | 13 | 10 | 12 | 25 | 2 | 2 | 2 | 2 | 4 | 8 |
| Other Assets | 1,410 | 2,092 | 1,598 | 1,672 | 1,710 | 1,612 | 1,584 | 1,551 | 1,554 | 1,563 | 1,540 | 1,230 |
| Total Assets | 1,916 | 2,488 | 1,917 | 1,876 | 1,890 | 1,763 | 1,687 | 1,588 | 1,592 | 1,602 | 1,580 | 1,274 |
Cash Flow
₹ Cr| Particulars | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −110 | 188 | −157 | 84 | 689 | −55 | −24 | −1 | 9 | 28 | −30 | −29 |
| Investing | −19 | −18 | 41 | 11 | 10 | 6 | 35 | −3 | −4 | −2 | −3 | 4 |
| Financing | 74 | −165 | 115 | −47 | −686 | −9 | −2 | −1 | −1 | 0 | 0 | 22 |
| Net Cash Flow | −54 | 5 | −1 | 48 | 13 | −58 | 8 | −6 | 4 | 26 | −33 | −3 |
| Free Cash Flow | −150 | 162 | −127 | 79 | 692 | −35 | −11 | −4 | 6 | 28 | −30 | −26 |
| CFO/EBITDA | −68 | 102 | 70 | 131 | 7,472 | 196 | 45 | 1 | −108 | −60 | 226 | 25 |
Ratios
| Particulars | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 161 | 36 | 32 | 59 | 18 | 33 | 13 | 11 | 10 | 20 | 150 |
| Inventory Days | 833 | 1,565 | 34 | 161 | 173 | 501 | 60 | 94 | 205 | 385 | 1,120 | 418 |
| Days Payable | 0 | 170 | 28 | 130 | 139 | 214 | 72 | 74 | 164 | 417 | 646 | 134 |
| Cash Conversion Cycle | 932 | 1,556 | 41 | 63 | 93 | 305 | 21 | 32 | 51 | −22 | 494 | 433 |
| Working Capital Days | 61 | −114 | −215 | −593 | −1,276 | −1,909 | −2,224 | −1,938 | −1,376 | −1,774 | −3,381 | 423 |
| ROCE % | 9% | — | −12% | 3% | 1% | −1% | −4% | −7% | 1% | −2% | −1% | −8% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view ARSS Infrastructure Projects insights
55 extracted metrics across FY12–FY27.
Documents
- Q2 FY26 concall · Dec 2025PPT
- 26 May 2026
- 20 Mar 2026
- 19 Nov 2013
- Bagging/receiving of order(s) or contract(s) 23 Oct 2026
- Bagging/receiving of order(s) or contract(s) 23 Oct 2026
- General announcements 13 Oct 2026
- General announcements 12 Oct 2026
Frequently Asked Questions about ARSS Infrastructure Projects
What does ARSS Infrastructure Projects Ltd do?
Where is ARSS Infrastructure Projects Ltd (ARSSINFRA) listed?
Which sector does ARSS Infrastructure Projects Ltd belong to?
Company Information
Incorporated in 2000, ARSS Infrastructure Projects Ltd is in the business of project execution for various civil and infrastructure projects
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