Arrow Greentech Ltd

Arrow Greentech Ltd

₹ 386 0.25%
28 Mar - close price
About

Arrow Greentech Limited is engaged in the business of developing biodegradable (green) products and high-tech products. [1]

Key Points

Products[1]
Green Products: It includes Water Soluble Films, BioCompostable Products, Security products, Health, Hygiene & Food and Printing & PSA Materials etc. Watersol is the trademark product of Arrow Greentech Ltd.

  • Market Cap 583 Cr.
  • Current Price 386
  • High / Low 517 / 246
  • Stock P/E 15.9
  • Book Value 68.2
  • Dividend Yield 0.26 %
  • ROCE 36.4 %
  • ROE 25.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 5.67 times its book value
  • Company has a low return on equity of 10.2% over last 3 years.

* 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

Sector: Plastic products Industry: Plastics Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
10.39 5.49 3.19 8.11 7.46 5.14 9.02 18.27 31.09 47.13 30.59 29.16 24.54
6.12 7.63 3.92 7.77 9.22 8.54 11.86 16.20 20.95 28.70 18.50 18.49 15.76
Operating Profit 4.27 -2.14 -0.73 0.34 -1.76 -3.40 -2.84 2.07 10.14 18.43 12.09 10.67 8.78
OPM % 41.10% -38.98% -22.88% 4.19% -23.59% -66.15% -31.49% 11.33% 32.61% 39.10% 39.52% 36.59% 35.78%
0.54 1.31 0.87 4.78 0.60 0.77 0.74 0.99 0.57 1.81 1.42 1.16 1.24
Interest 0.15 0.15 0.15 0.13 0.12 0.13 0.26 0.23 0.19 0.36 0.07 0.07 0.06
Depreciation 1.13 1.21 0.88 1.09 1.09 0.87 0.94 0.94 1.13 1.27 0.95 1.20 1.32
Profit before tax 3.53 -2.19 -0.89 3.90 -2.37 -3.63 -3.30 1.89 9.39 18.61 12.49 10.56 8.64
Tax % 4.25% 36.53% 12.36% 7.18% 3.80% 37.19% 7.27% -28.04% 33.55% 28.69% 30.10% 27.94% 18.17%
3.39 -1.40 -0.77 3.62 -2.28 -2.28 -3.06 2.42 6.24 13.27 8.73 7.61 7.07
EPS in Rs 2.41 -0.99 -0.55 2.57 -1.62 -1.62 -2.17 1.72 4.14 8.80 5.79 5.04 4.69
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
4 10 17 20 23 31 39 43 31 27 24 106 131
5 8 12 11 11 15 27 46 28 23 29 78 81
Operating Profit -1 1 5 9 12 16 12 -3 4 3 -5 28 50
OPM % -20% 14% 30% 46% 51% 52% 31% -7% 12% 13% -22% 26% 38%
0 1 1 1 5 2 10 7 2 3 7 4 6
Interest 0 0 0 0 0 0 0 0 1 1 1 1 1
Depreciation 0 0 0 1 1 1 4 3 3 4 4 4 5
Profit before tax -1 2 6 9 16 17 18 1 2 2 -3 27 50
Tax % -1% 5% 26% 30% 29% 18% 16% 81% 7% -57% 43% 29%
-1 2 5 7 11 14 15 0 2 3 -2 19 37
EPS in Rs -0.73 1.16 3.23 4.65 7.96 9.79 10.74 0.13 1.50 1.79 -1.21 12.51 24.32
Dividend Payout % 0% 54% 39% 45% 47% 48% 16% 309% 0% 0% 0% 8%
Compounded Sales Growth
10 Years: 27%
5 Years: 22%
3 Years: 50%
TTM: 107%
Compounded Profit Growth
10 Years: 28%
5 Years: 5%
3 Years: 101%
TTM: 1005%
Stock Price CAGR
10 Years: 20%
5 Years: 39%
3 Years: 79%
1 Year: 49%
Return on Equity
10 Years: 17%
5 Years: 8%
3 Years: 10%
Last Year: 26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 12 12 12 12 12 12 12 14 14 14 15 15
Reserves 5 5 7 10 16 30 38 36 44 46 44 73 88
9 3 0 0 0 0 0 0 5 4 4 3 2
2 5 7 9 6 6 6 7 7 7 7 15 11
Total Liabilities 27 24 26 31 33 47 56 55 70 71 69 106 116
2 2 3 5 5 16 16 13 17 15 14 12 15
CWIP 1 1 1 1 1 1 1 1 0 0 1 1 0
Investments 0 0 7 15 16 19 26 12 11 6 2 1 1
24 20 14 9 11 11 14 28 42 50 52 92 100
Total Assets 27 24 26 31 33 47 56 55 70 71 69 106 116

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 4 10 10 7 12 3 -10 10 -0 1 10
0 0 -8 -11 3 -12 1 14 -23 -0 0 -18
6 -6 -2 -2 -7 -2 -6 -2 12 -1 -1 9
Net Cash Flow 5 -2 1 -3 3 -2 -2 2 -0 -2 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 422 117 9 9 9 21 29 59 31 91 42 72
Inventory Days 555 843 483 72 155 225 200 77 92 136 215 103
Days Payable 220 489 306 171 182 238 101 43 74 71 107 59
Cash Conversion Cycle 757 471 186 -90 -19 8 128 93 48 156 150 116
Working Capital Days 830 198 -6 -102 -35 8 60 83 16 89 82 81
ROCE % -3% 9% 33% 46% 64% 48% 39% 2% 6% 4% -4% 36%

Shareholding Pattern

Numbers in percentages

9 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
70.28% 70.35% 70.35% 70.35% 70.35% 70.35% 70.35% 68.60% 68.60% 68.60% 68.60% 68.60%
0.21% 0.21% 0.21% 0.06% 0.00% 0.00% 0.01% 0.00% 0.13% 0.00% 0.02% 0.00%
29.52% 29.45% 29.45% 29.59% 29.65% 29.65% 29.64% 31.40% 31.28% 31.41% 31.38% 31.42%
No. of Shareholders 7,6387,7447,7738,6948,9348,7199,2687,8327,7608,2018,13712,630

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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