Arrow Greentech Ltd

Arrow Greentech Ltd

₹ 577 1.48%
14 Jun - 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 871 Cr.
  • Current Price 577
  • High / Low 633 / 298
  • Stock P/E 29.7
  • Book Value 84.1
  • Dividend Yield 0.17 %
  • ROCE 35.2 %
  • ROE 26.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 30.0% CAGR over last 5 years

Cons

  • Stock is trading at 6.86 times its book value
  • Company has a low return on equity of 11.5% 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
27 15 7 7 4 12 18 31 48 44 29 25 51
23 14 8 10 9 16 17 23 30 29 20 18 35
Operating Profit 5 1 -1 -3 -5 -4 0 8 19 14 9 7 16
OPM % 17% 8% -8% -45% -110% -33% 2% 27% 39% 33% 31% 29% 31%
1 1 0 0 1 0 1 0 1 1 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 2 2 2 2 2 2 2
Profit before tax 4 1 -2 -4 -6 -5 -1 6 18 13 8 6 14
Tax % -19% -28% -12% 5% 26% 8% 144% 41% 28% 30% 33% 15% 29%
5 1 -2 -4 -4 -5 0 4 13 9 5 5 10
EPS in Rs 3.36 0.55 -1.22 -2.90 -3.05 -3.22 0.27 2.43 8.46 6.19 3.38 3.25 6.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
15 35 49 51 53 35 34 22 52 34 109 149
12 16 19 14 16 29 49 29 44 41 85 102
Operating Profit 2 19 29 37 36 5 -14 -7 9 -7 24 46
OPM % 17% 54% 60% 73% 69% 16% -42% -34% 17% -21% 22% 31%
1 1 1 5 5 2 1 1 2 2 2 3
Interest 0 0 0 0 0 0 0 1 1 1 1 0
Depreciation 0 0 1 1 2 4 4 4 5 5 7 8
Profit before tax 3 20 30 41 39 3 -17 -10 6 -11 18 41
Tax % 8% 19% 22% 24% 12% 95% 1% 2% -22% 16% 32% 28%
3 16 22 31 35 0 -17 -10 7 -9 12 29
EPS in Rs 1.82 11.22 15.84 21.67 24.19 0.19 -11.83 -7.07 4.55 -6.62 8.14 19.56
Dividend Payout % 34% 11% 13% 17% 19% 870% -4% 0% 0% 0% 12% 10%
Compounded Sales Growth
10 Years: 15%
5 Years: 34%
3 Years: 42%
TTM: 37%
Compounded Profit Growth
10 Years: 6%
5 Years: 30%
3 Years: 70%
TTM: 139%
Stock Price CAGR
10 Years: 23%
5 Years: 65%
3 Years: 51%
1 Year: 68%
Return on Equity
10 Years: 12%
5 Years: 7%
3 Years: 12%
Last Year: 26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 12 12 12 12 12 12 14 14 14 15 15
Reserves 5 18 35 58 86 86 66 62 70 61 83 112
3 0 0 0 0 0 0 5 5 5 3 1
5 11 13 16 8 8 9 10 9 9 20 17
Total Liabilities 25 41 60 86 106 106 87 92 99 89 121 145
3 8 11 16 26 26 23 28 26 28 37 39
CWIP 1 1 1 1 1 1 2 10 12 13 1 2
Investments -0 7 15 15 18 29 17 14 9 1 0 0
22 25 33 53 60 49 45 40 53 46 83 104
Total Assets 25 41 60 86 106 106 87 92 99 89 121 145

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 23 26 27 17 5 -16 3 1 2 3 18
-0 -12 -11 -6 -12 -13 8 -24 2 -2 -14 -14
-7 -2 -4 -7 -2 -6 -3 12 -2 -2 8 -4
Net Cash Flow 0 9 11 14 2 -14 -11 -8 2 -1 -3 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 50 5 4 40 66 84 81 56 49 40 88 79
Inventory Days 856 495 78 229 204 84 99 51 127 101 138
Days Payable 615 649 153 267 111 49 80 27 60 68 31
Cash Conversion Cycle 292 -149 -71 40 28 178 116 75 73 106 121 187
Working Capital Days 98 -39 -68 -35 57 119 116 59 103 127 110 118
ROCE % 14% 80% 76% 69% 46% 3% -19% -12% 7% -12% 21%

Shareholding Pattern

Numbers in percentages

13 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.35% 70.35% 70.35% 70.35% 70.35% 70.35% 68.60% 68.60% 68.60% 68.60% 68.60% 68.60%
0.21% 0.21% 0.06% 0.00% 0.00% 0.01% 0.00% 0.13% 0.00% 0.02% 0.00% 1.28%
29.45% 29.45% 29.59% 29.65% 29.65% 29.64% 31.40% 31.28% 31.41% 31.38% 31.42% 30.13%
No. of Shareholders 7,7447,7738,6948,9348,7199,2687,8327,7608,2018,13712,63013,430

* 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.

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