ARSS Infrastructure Projects Limited (ARSSINFRA) AI Stock Analysis

• Market Cap: ₹1.25B
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: -75.03%
• EPS Growth: -17499.32%
• Country: IN
• Employees: 406
• Sector: Services
• Sector Strength: N/A
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): -1419.38
• Shares Outstanding: 22,737,967
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.14
• Price to Book (P/B): -0.52
• Price to Sales (P/S): 0.53
• P/FCF Ratio: -2.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: ₹53.00 ▼(-3.36% Downside)

The overall stock score is primarily impacted by the company's poor financial performance, characterized by declining revenues, negative profit margins, and high leverage. Technical analysis provides a neutral outlook, while valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

New Subcontracts

Securing new subcontracts worth Rs. 429.92 crore enhances ARSSINFRA's project pipeline, potentially boosting revenue and market presence.

Strategic Resolution Plan

The approval of a strategic resolution plan indicates a structured approach to financial and operational restructuring, potentially stabilizing the company.

Successful EGM Resolutions

Successful resolutions at the EGM suggest strong governance and stakeholder alignment, supporting long-term strategic initiatives.

Negative Factors

Declining Revenue

Significant revenue decline indicates reduced project wins and execution, impacting the company's ability to sustain operations.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies, challenging the company's ability to generate sustainable profits.

High Leverage

High leverage and negative equity pose solvency risks, limiting financial flexibility and increasing vulnerability to economic shifts.

ARSS Infrastructure Projects Limited Business Overview & Revenue Model

Company Description

ARSS Infrastructure Projects Limited (ARSSINFRA) is a prominent player in the Indian infrastructure sector, focusing on the development and construction of various projects across transportation, urban infrastructure, and water supply. The company engages in building highways, bridges, railways, and other essential infrastructure, catering to both government and private sector clients. With a commitment to quality and timely delivery, ARSSINFRA plays a crucial role in enhancing the infrastructure landscape of India.

How the Company Makes Money

ARSSINFRA generates revenue primarily through its construction contracts, which are awarded by government bodies and private enterprises. The company typically operates on a project basis, where it earns money by executing large-scale infrastructure projects with fixed-price contracts or unit-price contracts that are based on the volume of work completed. Key revenue streams include payments for completed works, advance payments, and milestone payments throughout the project lifecycle. Additionally, ARSSINFRA may benefit from joint ventures and partnerships with other construction firms, which can provide access to larger projects and shared resources, further enhancing its earning potential. Factors such as government spending on infrastructure development, successful bid submissions for contracts, and efficient project management directly contribute to the company's profitability.

ARSS Infrastructure Projects Limited Financial Statement Overview

Summary

ARSS Infrastructure Projects Limited is facing significant financial challenges. The company is experiencing declining revenues and profitability, high leverage, and negative cash flows, which pose substantial risks to its financial health and sustainability. Immediate strategic actions are necessary to address these issues and stabilize the company's financial position.

Income Statement

The income statement shows significant challenges with declining revenue and negative profit margins. The gross profit margin is low, and the net profit margin is negative, indicating the company is not profitable. Revenue has decreased substantially, showing a negative growth trend. EBIT and EBITDA margins are also negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity and a high debt-to-equity ratio, indicating high leverage and financial instability. The return on equity is positive but misleading due to negative equity, and the equity ratio is negative, suggesting potential solvency issues.

Cash Flow

Cash flow analysis indicates severe issues with negative operating and free cash flows. The free cash flow growth rate is highly negative, and the operating cash flow to net income ratio is negative, reflecting poor cash generation relative to earnings. However, the free cash flow to net income ratio is slightly above 1, indicating some alignment between cash flow and reported earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.35B	1.65B	3.21B	2.89B	4.03B	2.48B
Gross Profit	89.84M	20.84M	31.06M	-46.27M	307.34M	-190.44M
EBITDA	-152.22M	-69.47M	-319.84M	-1.06B	95.42M	-367.08M
Net Income	-177.62M	-77.66M	-348.36M	-1.10B	59.16M	-519.53M
Balance Sheet
Total Assets	0.00	15.80B	16.02B	15.88B	15.92B	16.87B
Cash, Cash Equivalents and Short-Term Investments	527.81M	361.02M	540.76M	222.42M	265.67M	285.16M
Total Debt	0.00	16.29B	16.32B	16.28B	16.26B	16.30B
Total Liabilities	1.62B	17.49B	17.64B	17.21B	17.19B	17.10B
Stockholders Equity	-1.62B	-1.70B	-1.62B	-1.33B	-1.27B	-224.04M
Cash Flow
Free Cash Flow	9.55M	-323.45M	197.96M	-59.24M	62.22M	-283.59M
Operating Cash Flow	9.55M	-319.93M	201.22M	-13.89M	86.71M	-240.03M
Investing Cash Flow	0.00	-33.09M	-17.90M	-34.56M	-38.27M	345.97M
Financing Cash Flow	0.00	-4.52M	-23.00K	-14.29M	-5.19M	-22.76M

ARSS Infrastructure Projects Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 54.84
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ARSSINFRA, the sentiment is Positive. The current price of 54.84 is above the 20-day moving average (MA) of 54.84, below the 50-day MA of 54.84, and above the 200-day MA of 49.47, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 60.85 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ARSSINFRA.

ARSS Infrastructure Projects Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SECMARK	62 Neutral	₹1.22B	31.23	―	―	28.58%	68.42%
BRNL	58 Neutral	₹1.90B	1.04	―	―	-57.13%	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SADBHIN	44 Neutral	₹1.38B	-1.97	―	―	4.63%	67.17%
ARSSINFRA	43 Neutral	₹1.25B	-0.04	―	―	-75.03%	-17499.32%

ARSS Infrastructure Projects Limited Corporate Events

ARSS Infrastructure Projects Limited Concludes EGM with Successful Resolutions

ARSS Infrastructure Projects Limited held an Extraordinary General Meeting (EGM) on December 9, 2025, conducted via video conferencing to discuss and vote on business matters outlined in a prior notice. All resolutions presented during the meeting were approved with the necessary majority, and the voting results, along with the Scrutinizer’s Report, are available on the company’s and NSDL’s websites.

ARSS Infrastructure Projects Limited Hosts Investor Presentation at EGM

ARSS Infrastructure Projects Limited announced an investor presentation at their Extra-Ordinary General Meeting (EGM) scheduled for December 9, 2025. The presentation, conducted via video conferencing, aligns with regulatory compliance and aims to update stakeholders on the company’s strategic initiatives and operational progress.

ARSS Infrastructure Secures Rs. 429.92 Crore in New Subcontracts

ARSS Infrastructure Projects Limited has announced the receipt of several subcontracts totaling approximately Rs. 429.92 crore from Shivam Condev Private Limited. These contracts involve significant infrastructure projects, including the construction of major bridges and railway lines in Madhya Pradesh and Uttar Pradesh, as well as road improvements in Odisha. This development is part of the company’s ongoing efforts to implement its Resolution Plan post-CIRP, potentially strengthening its market position and operational capabilities.

ARSS Infrastructure Projects Limited Conducts 25th AGM, Approves Strategic Resolution Plan

ARSS Infrastructure Projects Limited held its 25th Annual General Meeting on September 24, 2025, via video conferencing. The meeting, chaired by Mr. Uday Narayan Mitra, addressed the approval of a resolution plan submitted by Ocean Capital Market Limited, as sanctioned by the National Company Law Tribunal. This development signifies a strategic move for ARSS Infrastructure Projects, potentially impacting its operational and financial restructuring.

ARSS Infrastructure Projects Limited Announces AGM Outcomes

ARSS Infrastructure Projects Limited held its 25th Annual General Meeting (AGM) on September 24, 2025, via video conferencing. During the AGM, the company presented the proceedings, voting results, and the Scrutinizer’s report, which are available on their website and the NSDL platform. All resolutions were passed with the requisite majority, except for the re-appointment of Shri Subash Agarwal, which was not recorded due to a prior NCLT order.