Arrow Greentech Ltd
Incorporated in 1982, Arrow Greentech
Ltd is in the business of bio-degradable (green) products, high-tech products and having Patents income for such products /technology[1]
- Market Cap ₹ 571 Cr.
- Current Price ₹ 378
- High / Low ₹ 818 / 342
- Stock P/E 11.1
- Book Value ₹ 140
- Dividend Yield 1.06 %
- ROCE 53.2 %
- ROE 39.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 53.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.2%
- Debtor days have improved from 70.4 to 44.0 days.
- Company's working capital requirements have reduced from 97.1 days to 70.0 days
Cons
- Promoter holding has decreased over last 3 years: -3.79%
* 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 Packaging
Part of BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35 | 49 | 51 | 53 | 35 | 34 | 22 | 52 | 34 | 109 | 149 | 243 | 216 | |
| 16 | 19 | 14 | 16 | 29 | 49 | 29 | 44 | 41 | 85 | 102 | 155 | 146 | |
| Operating Profit | 19 | 29 | 37 | 36 | 5 | -14 | -7 | 9 | -7 | 24 | 47 | 89 | 70 |
| OPM % | 54% | 60% | 73% | 69% | 16% | -42% | -34% | 17% | -21% | 22% | 31% | 36% | 33% |
| 1 | 1 | 5 | 5 | 2 | 1 | 1 | 2 | 2 | 2 | 3 | 5 | 8 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 2 | 4 | 4 | 4 | 5 | 5 | 7 | 8 | 7 | 8 |
| Profit before tax | 20 | 30 | 41 | 39 | 3 | -17 | -10 | 6 | -11 | 18 | 41 | 86 | 70 |
| Tax % | 19% | 22% | 24% | 12% | 95% | -1% | -2% | -22% | -16% | 32% | 28% | 27% | |
| 16 | 22 | 31 | 35 | 0 | -17 | -10 | 7 | -9 | 12 | 29 | 63 | 51 | |
| EPS in Rs | 11.22 | 15.84 | 21.67 | 24.19 | 0.19 | -11.83 | -7.07 | 4.55 | -6.62 | 8.14 | 19.56 | 41.84 | 34.05 |
| Dividend Payout % | 11% | 13% | 17% | 19% | 870% | -4% | 0% | 0% | 0% | 12% | 10% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 62% |
| 3 Years: | 93% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 53% |
| 3 Years: | 105% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 39% |
| 3 Years: | 17% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 19% |
| 3 Years: | 29% |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 14 | 14 | 14 | 15 | 15 | 15 | 15 |
| Reserves | 18 | 35 | 58 | 86 | 86 | 66 | 62 | 70 | 61 | 83 | 112 | 173 | 197 |
| 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 5 | 3 | 1 | 1 | 3 | |
| 11 | 13 | 16 | 8 | 8 | 9 | 10 | 9 | 9 | 20 | 17 | 19 | 22 | |
| Total Liabilities | 41 | 60 | 86 | 106 | 106 | 87 | 92 | 99 | 89 | 121 | 145 | 208 | 236 |
| 8 | 11 | 16 | 26 | 26 | 23 | 28 | 26 | 28 | 37 | 37 | 38 | 39 | |
| CWIP | 1 | 1 | 1 | 1 | 1 | 2 | 10 | 12 | 13 | 1 | 3 | 2 | 1 |
| Investments | 7 | 15 | 15 | 18 | 29 | 17 | 14 | 9 | 1 | 0 | 0 | 46 | 76 |
| 25 | 33 | 53 | 60 | 49 | 45 | 40 | 53 | 46 | 83 | 104 | 123 | 120 | |
| Total Assets | 41 | 60 | 86 | 106 | 106 | 87 | 92 | 99 | 89 | 121 | 145 | 208 | 236 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23 | 26 | 27 | 17 | 5 | -16 | 3 | 1 | 2 | 3 | 18 | 68 | |
| -12 | -11 | -6 | -12 | -13 | 8 | -24 | 2 | -2 | -14 | -14 | -55 | |
| -2 | -4 | -7 | -2 | -6 | -3 | 12 | -2 | -2 | 8 | -4 | -4 | |
| Net Cash Flow | 9 | 11 | 14 | 2 | -14 | -11 | -8 | 2 | -1 | -3 | 1 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 5 | 4 | 40 | 66 | 84 | 81 | 56 | 49 | 40 | 88 | 79 | 44 |
| Inventory Days | 495 | 78 | 229 | 204 | 84 | 99 | 51 | 127 | 101 | 138 | 66 | |
| Days Payable | 649 | 153 | 267 | 111 | 49 | 80 | 27 | 60 | 68 | 31 | 29 | |
| Cash Conversion Cycle | -149 | -71 | 40 | 28 | 178 | 116 | 75 | 73 | 106 | 121 | 187 | 81 |
| Working Capital Days | -39 | -68 | -35 | 57 | 119 | 116 | 59 | 95 | 112 | 104 | 117 | 70 |
| ROCE % | 80% | 76% | 69% | 46% | 3% | -19% | -12% | 7% | -12% | 21% | 35% | 53% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Employee Benefit Expenses INR Lakhs ・Standalone data |
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| FSSAI Approved Products (Avery Pharma) Number |
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Documents
Announcements
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Demand Notice
17 Mar - IT Dept issued Rs.1.80 crore penalty under Section 270A for AY2017-18; company to appeal (notice 16-Mar-2026).
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Mar - One-on-one analyst/investor meeting on 10 March 2026, 03:30–04:30 IST.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Mar - One-on-one analyst/investor meeting on 11 March 2026, 03:30–05:30 IST; based on public information.
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Update On Grant Of Patent
23 Feb - Patent No.580835 granted in India 17-Feb-2026 for multicolour security fibers/planchettes for high-security paper.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
20 Feb - One-on-one analyst/investor meeting scheduled 26 Feb 2026 03:30–04:30 IST.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Jun 2023TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
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Aug 2016TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Nov 2015TranscriptAI SummaryPPT
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Aug 2015TranscriptAI SummaryPPT
Business Overview:[1][2]
AGL is India’s largest manufacturer of water-soluble films, specializing in the development, production, and marketing of a diverse range of PVA/PVOH-based films. Its portfolio includes innovative applications such as mouth dissolving strips for pharmaceutical and nutraceutical use. In addition to green packaging solutions, AGL also offers advanced security products and intellectual property services, positioning itself as a multi-vertical technology-driven company.