ARROWGREEN

Arrow Greentech Limited

Water-Soluble Films and biodegradable packaging products manufacturer

Industrials›Capital Goods›Industrial Products›Packaging

arrowgreentech.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-19

Stock price
₹738.45
Market cap
1,114 Cr
Stock P/E
17.5
P/B
4.76
Dividend yield
0.5%
ROE (FY26)
20.0%
ROCE (FY26)
27.7%
Operating margin (FY26)
28.3%
Debt / equity (FY26)
0.00
OCF / EBITDA (FY26)
66.7%
OCF / EBITDA (3Y)
107.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Arrow Greentech makes water-soluble films and anti-counterfeit products, selling mainly in India with some exports, and describes itself as India's largest manufacturer of water-soluble films.

Company snapshot

12thBy market cap

Ranked among 33 companies in Packaging.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 123.6% of revenue

SegmentRevenue shareRevenuePBTAssets
Green Products
13.2%
5 Cr0.97 Cr17 Cr
Hightech Products
123.6%
50 Cr19 Cr44 Cr

Shares add up to 137% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Net margin of 23.6% — the business keeps a healthy share of every rupee it earns.
4 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales29 Cr25 Cr51 Cr66 Cr65 Cr55 Cr57 Cr42 Cr61 Cr56 Cr42 Cr88 Cr
Operating expenses (approx.)20 Cr18 Cr35 Cr38 Cr39 Cr37 Cr41 Cr27 Cr40 Cr37 Cr31 Cr52 Cr
EBITDA9 Cr7 Cr16 Cr28 Cr26 Cr18 Cr16 Cr14 Cr21 Cr19 Cr10 Cr36 Cr
OPM %30.9%29.3%30.8%42.4%40.6%32.5%28.0%34.3%34.0%34.3%24.8%40.9%
Other income0.57 Cr0.64 Cr0.68 Cr0.80 Cr1 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr
Interest0.09 Cr0.10 Cr0.16 Cr0.03 Cr0.05 Cr0.08 Cr0.05 Cr0.06 Cr0.12 Cr0.12 Cr0.08 Cr0.08 Cr
Depreciation2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr
Profit before tax8 Cr6 Cr14 Cr27 Cr26 Cr18 Cr16 Cr14 Cr21 Cr19 Cr11 Cr36 Cr
Tax %32.6%14.8%28.9%25.6%27.5%26.7%27.6%23.4%24.2%31.1%30.0%24.4%
Net profit5 Cr5 Cr10 Cr20 Cr19 Cr13 Cr11 Cr11 Cr16 Cr13 Cr7 Cr27 Cr
EPS (₹)₹3.38₹3.25₹6.72₹13.36₹12.37₹8.52₹7.58₹7.21₹10.42₹8.81₹4.90₹18.15

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales53 Cr35 Cr34 Cr22 Cr52 Cr34 Cr109 Cr149 Cr243 Cr201 CrSign in free for the trailing twelve months
Operating expenses (approx.)17 Cr29 Cr49 Cr30 Cr44 Cr41 Cr85 Cr102 Cr155 Cr136 CrSign in free for the trailing twelve months
EBITDA36 Cr5 Cr-15 Cr-8 Cr8 Cr-7 Cr24 Cr46 Cr88 Cr65 CrSign in free for the trailing twelve months
OPM %68.0%15.4%-43.6%-34.0%15.9%-21.8%21.6%31.2%36.3%32.2%Sign in free for the trailing twelve months
Other income5 Cr2 Cr2 Cr2 Cr3 Cr2 Cr2 Cr3 Cr5 Cr9 CrSign in free for the trailing twelve months
Interest—0 Cr0 Cr0.59 Cr0.76 Cr0.66 Cr1 Cr0.44 Cr0.21 Cr0.38 CrSign in free for the trailing twelve months
Depreciation2 Cr4 Cr4 Cr4 Cr5 Cr5 Cr7 Cr8 Cr7 Cr8 CrSign in free for the trailing twelve months
Profit before tax39 Cr3 Cr-17 Cr-10 Cr6 Cr-11 Cr18 Cr41 Cr86 Cr65 CrSign in free for the trailing twelve months
Tax %12.1%94.7%1.1%2.5%-22.2%15.8%32.0%27.9%26.7%27.0%Sign in free for the trailing twelve months
Net profit35 Cr0.17 Cr-17 Cr-10 Cr7 Cr-9 Cr12 Cr29 Cr63 Cr47 CrSign in free for the trailing twelve months
EPS (₹)₹29.05₹0.23₹-14.21₹-8.43₹4.55₹-6.62₹8.52₹19.56₹41.83₹31.38Sign in free for the trailing twelve months
Dividend payout %————0.0%—-0.5%-5.5%-5.0%12.7%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital12 Cr12 Cr12 Cr14 Cr14 Cr14 Cr15 Cr15 Cr15 Cr15 Cr
Reserves86 Cr86 Cr66 Cr62 Cr70 Cr61 Cr83 Cr112 Cr173 Cr219 Cr
Borrowings0.04 Cr0.05 Cr0.04 Cr4 Cr3 Cr3 Cr2 Cr0.33 Cr——
Other liabilities6 Cr6 Cr7 Cr10 Cr9 Cr8 Cr19 Cr16 Cr18 Cr20 Cr
Total liabilities106 Cr106 Cr87 Cr92 Cr99 Cr89 Cr121 Cr145 Cr208 Cr256 Cr
Fixed assets (net)25 Cr24 Cr21 Cr26 Cr24 Cr23 Cr33 Cr31 Cr31 Cr29 Cr
CWIP0.01 Cr—1 Cr9 Cr12 Cr12 Cr0.18 Cr2 Cr1 Cr0.48 Cr
Investments18 Cr29 Cr17 Cr15 Cr9 Cr1 Cr0.56 Cr5 Cr50 Cr82 Cr
Loans & advances——0.10 Cr0.22 Cr0.02 Cr0 Cr0.01 Cr0.08 Cr0.16 Cr0.08 Cr
Inventories2 Cr5 Cr6 Cr3 Cr4 Cr7 Cr15 Cr22 Cr20 Cr25 Cr
Trade receivables10 Cr8 Cr8 Cr3 Cr7 Cr4 Cr26 Cr32 Cr29 Cr34 Cr
Cash & bank43 Cr29 Cr18 Cr10 Cr11 Cr10 Cr7 Cr8 Cr17 Cr27 Cr
Other assets8 Cr10 Cr16 Cr25 Cr32 Cr31 Cr39 Cr46 Cr60 Cr58 Cr
Total assets106 Cr106 Cr87 Cr92 Cr99 Cr89 Cr121 Cr145 Cr208 Cr256 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity17 Cr5 Cr-16 Cr3 Cr0.95 Cr3 Cr9 Cr51 Cr119 Cr43 Cr
Cash from investing-12 Cr-13 Cr8 Cr-19 Cr2 Cr15 Cr-6 Cr7 Cr-41 Cr-26 Cr
Cash from financing-2 Cr-6 Cr-3 Cr7 Cr-2 Cr3 Cr28 Cr4 Cr3 Cr-7 Cr
Net cash flow2 Cr-14 Cr-11 Cr-8 Cr2 Cr21 Cr31 Cr63 Cr82 Cr10 Cr
Free cash flow (OCF − Capex)4 Cr2 Cr-23 Cr-15 Cr-4 Cr3 Cr9 Cr51 Cr119 Cr39 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %39.7%3.2%-21.4%-12.1%7.1%-12.9%18.7%31.8%45.4%27.7%
ROE %34.4%0.2%-21.0%-12.8%7.4%-12.2%12.2%22.9%33.2%20.0%
Debtor days65848155483988794462
Inventory days394485585341358385107149101150
Days payable45826434027518718272334533
Cash conversion cycle1305325121220243122195101179
OCF / EBITDA %46.1%93.8%——11.4%—38.2%110.5%135.0%66.7%
OCF / EBITDA % (3 years)——19.8%———53.5%101.4%113.4%107.2%
Debt / equity0.00050.00050.00050.050.040.050.020.00260.000.00
Current ratio10.708.815.503.555.154.704.585.988.8711.57
Net debt / EBITDA-1.18———-0.99—-0.20-0.16-0.19-0.41