Artefact Projects profit drops 30% on annual revenue of ₹32.25 cr
Annual profit fell to ₹5.23 cr from ₹7.43 cr despite a modest revenue increase. The audit report carries an unmodified opinion.
— 1 earlier story on Artefact Projects Ltd. →What's new
- FY26 revenue rose to ₹32.25 cr from ₹30.05 cr in the prior year.
- Net profit fell to ₹5.23 cr, down from ₹7.43 cr in FY25.
- The auditor issued an unmodified opinion on the annual results.
Why this matters
The profit contraction despite top-line growth suggests margin pressure for the nano-cap firm. These results are routine and align with the trajectory established by the company's nine-month unaudited figures.
What we're watching
- Any commentary on margin compression in the upcoming annual report.
- Future project wins to offset the current profit decline.
- Management guidance on cost control for FY27.
The full read
Artefact Projects closed FY26 with ₹32.25 crore in revenue, a slight increase from the ₹30.05 crore reported in FY25. Despite the top-line growth, the bottom line suffered, with net profit falling to ₹5.23 crore from ₹7.43 crore—a decline of nearly 30%. The auditor issued an unmodified opinion on the financials. For a nano-cap company, this is a routine disclosure. The market had already priced in the trajectory based on the nine-month unaudited figures, and there are no surprises here. The profit drop is the primary takeaway, but it lacks the scale to shift the company's outlook significantly. It is a standard annual filing.
Questions answered
- How did Artefact Projects perform in FY26?
- The company saw revenue grow to ₹32.25 crore from ₹30.05 crore the previous year. However, net profit fell by nearly 30% to ₹5.23 crore.
- Did the auditor raise any concerns?
- No. The audit report for the fiscal year ended March 31, 2026, carries an unmodified opinion.
- Were these results expected?
- Yes. The market had access to the company's nine-month unaudited figures, and these annual results contain no unexpected elements.
Story so far
All notes on ARTEFACT →- 27 May 2026 · 6:09 PM IST Artefact Projects profit drops 30% on annual revenue of ₹32.25 cr
- today Artefact Projects reports profit drop despite higher annual revenue