Arcee Industries Ltd
₹ 6.00
-4.61%
13 Jun
- close price
About
Established in 1989, Arcee Industries Ltd. is a manufacturer of rigid PVC pipes & fittings and Black Steel tubes & pipes.
Key Points
- Market Cap ₹ 3.08 Cr.
- Current Price ₹ 6.00
- High / Low ₹ 7.52 / 4.43
- Stock P/E
- Book Value ₹ 6.85
- Dividend Yield 0.00 %
- ROCE -10.5 %
- ROE -3.63 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.88 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -32.2% over past five years.
- Promoter holding is low: 24.6%
- Company has a low return on equity of -16.4% over last 3 years.
- Company has high debtors of 195 days.
- Working capital days have increased from 880 days to 1,995 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16.66 | 16.85 | 4.28 | 0.03 | 0.00 | -0.01 | 1.05 | 10.46 | 34.25 | 21.36 | 1.07 | 0.15 | |
| 16.74 | 16.19 | 4.75 | 0.42 | 0.14 | 0.13 | 1.17 | 9.79 | 33.48 | 22.82 | 1.76 | 0.46 | |
| Operating Profit | -0.08 | 0.66 | -0.47 | -0.39 | -0.14 | -0.14 | -0.12 | 0.67 | 0.77 | -1.46 | -0.69 | -0.31 |
| OPM % | -0.48% | 3.92% | -10.98% | -1,300.00% | -11.43% | 6.41% | 2.25% | -6.84% | -64.49% | -206.67% | ||
| 0.06 | 0.00 | 0.04 | 0.06 | 0.17 | 0.25 | 0.09 | 0.01 | 0.00 | 0.00 | 0.17 | 0.08 | |
| Interest | 0.34 | 0.25 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 |
| Depreciation | 0.23 | 0.15 | 0.16 | 0.15 | 0.09 | 0.09 | 0.09 | 0.10 | 0.13 | 0.15 | 0.18 | 0.17 |
| Profit before tax | -0.59 | 0.26 | -0.66 | -0.48 | -0.06 | 0.02 | -0.12 | 0.58 | 0.63 | -1.63 | -0.72 | -0.42 |
| Tax % | -30.51% | 30.77% | -30.30% | 0.00% | 0.00% | 0.00% | -91.67% | 32.76% | 28.57% | -25.77% | 0.00% | -66.67% |
| -0.41 | 0.18 | -0.45 | -0.48 | -0.06 | 0.02 | -0.01 | 0.39 | 0.46 | -1.21 | -0.73 | -0.13 | |
| EPS in Rs | -0.80 | 0.35 | -0.88 | -0.93 | -0.12 | 0.04 | -0.02 | 0.76 | 0.90 | -2.35 | -1.42 | -0.25 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -38% |
| 5 Years: | -32% |
| 3 Years: | -84% |
| TTM: | -86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 8% |
| 3 Years: | -12% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -5% |
| 3 Years: | -16% |
| Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 |
| Reserves | 0.46 | 0.58 | 0.13 | -0.35 | -0.41 | -0.39 | -0.40 | -0.02 | 0.45 | -0.76 | -1.49 | -1.62 |
| 1.95 | 1.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.81 | 1.00 | 0.74 | 0.29 | 0.25 | 0.20 | |
| 1.02 | 0.59 | 0.34 | 0.31 | 0.22 | 0.15 | 0.28 | 3.50 | 5.94 | 5.28 | 4.28 | 1.74 | |
| Total Liabilities | 8.57 | 7.86 | 5.61 | 5.10 | 4.95 | 4.90 | 5.83 | 9.62 | 12.27 | 9.95 | 8.18 | 5.46 |
| 1.34 | 1.40 | 1.22 | 1.07 | 0.95 | 0.86 | 0.92 | 0.94 | 1.39 | 1.96 | 1.79 | 1.41 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.16 | 0.16 | 0.16 | 0.14 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.07 | 6.30 | 4.23 | 3.89 | 3.89 | 4.04 | 4.91 | 8.68 | 10.88 | 7.99 | 6.39 | 4.05 | |
| Total Assets | 8.57 | 7.86 | 5.61 | 5.10 | 4.95 | 4.90 | 5.83 | 9.62 | 12.27 | 9.95 | 8.18 | 5.46 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.41 | 1.20 | 1.33 | -0.04 | -0.04 | -0.06 | -1.36 | -0.08 | 1.09 | 0.91 | 0.07 | -0.16 | |
| 0.03 | -0.30 | 0.03 | 0.05 | 0.12 | 0.27 | -0.14 | -0.13 | -0.57 | -0.72 | -0.01 | 0.27 | |
| -1.30 | -0.65 | -1.61 | 0.00 | 0.00 | 0.00 | 0.81 | 0.19 | -0.27 | -0.48 | -0.06 | -0.06 | |
| Net Cash Flow | 0.14 | 0.24 | -0.25 | 0.01 | 0.07 | 0.20 | -0.70 | -0.02 | 0.24 | -0.29 | 0.01 | 0.05 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32.21 | 30.98 | 66.52 | 5,840.00 | -17,520.00 | 271.14 | 70.14 | 14.28 | 14.18 | 34.11 | 194.67 | |
| Inventory Days | 25.62 | 28.48 | 11.03 | 547.50 | -2,190.00 | 458.72 | 155.44 | 57.24 | 28.01 | 272.70 | 666.52 | |
| Days Payable | 22.36 | 9.06 | 15.04 | 1,368.75 | 113.45 | 133.31 | 48.77 | 49.01 | 759.37 | 2,586.74 | ||
| Cash Conversion Cycle | 35.47 | 50.39 | 62.51 | 5,018.75 | -19,710.00 | 616.41 | 92.27 | 22.75 | -6.82 | -452.55 | -1,725.55 | |
| Working Capital Days | 105.82 | 86.65 | 207.23 | 25,671.67 | 83,220.00 | 1,206.24 | 168.19 | 46.14 | 40.67 | 603.79 | 1,995.33 | |
| ROCE % | -3.76% | 6.88% | -9.73% | -10.14% | -2.73% | -3.38% | -2.52% | 9.94% | 10.28% | -29.27% | -16.34% | -10.50% |
Documents
Announcements
-
Intimation Of Book Closure And AGM
12h - 33rd AGM on July 22, 2025; book closure from July 12 to July 22, 2025.
-
Board Meeting Outcome for Outcome Of Board Meeting
12h - Board approved Directors' Report, new auditors appointed, plant sale proposed, AGM on July 22, 2025.
-
Board Meeting Intimation for To Decide Date Of 33Rd Annual General Meeting And Other Matters
6 Jun - Board meeting on June 13, 2025, to approve 33rd AGM date and other matters.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 May
-
Appointment Of Secretarial Auditor
30 May - Appointment of Ms Anju Jain as Secretarial Auditor for FY2025-26 to FY2029-30, subject to shareholder approval.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Product Portfolio:
a) PVC Pipes:[1]
This consists of pipes of six classifications viz.,
Class 1 (40 PSI)
Class 2 (60 PSI)
Class 3 (90 PSI)
Class 4 (120 PSI)
Class 5 (150 PSI)
Class 6 (190 PSI)
b) In FY21, the company started commercial production of Black Steel tubes & pipes[2]