Arrow Greentech Limited
NSE: ARROWGREEN · Packaging · sector
₹689.55NSE close 2026-10-26
Key numbers
Market cap₹1,041 cr
Price₹689.55
52w high / low₹953 / ₹342
P/E16.3xSector median 16.2x
P/B4.4xSector median 1.4x
Book value₹155.3
Dividend yield0.58%Sector median 0.58%
ROE30.2%Sector median 9.8%
ROCE37.3%Sector median 11.6%
OPM35.0%Sector median 9.2%
Debt / equity0.00xSector median 0.39x
EV/EBITDA10.6xSector median 7.7x
Interest cover218.4x
Current ratio11.57x
Sales growth 3y+22.6%Sector median +4.7%
Profit growth 3y+56.8%Sector median +0.8%
PEG0.30x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹129 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 218.4x in the last 12 months.
- Promoter holding rose by 0.84 percentage points in a year, to 65.65% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY23).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 14% of net profit in the last 12 months.
- Debtor days went from 79 (FY24) to 62 (FY26).
- Dividend paid in 3 of the last 5 financial years.
- Price ₹689.55 on 2026-10-26: -27.6% from the 52-week high, +101.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹931.00 · low ₹345.80
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65 | 55 | 57 | 42 | 61 | 56 | 42 | 88 |
| EBITDA | 26 | 18 | 16 | 14 | 21 | 19 | 10 | 36 |
| OPM % | 40.6% | 32.5% | 28.0% | 34.3% | 34.0% | 34.3% | 24.8% | 40.9% |
| Other income | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Net profit | 19 | 13 | 11 | 11 | 16 | 13 | 7 | 27 |
| EPS (₹) | 12.37 | 8.52 | 7.58 | 7.21 | 10.42 | 8.81 | 4.90 | 18.15 |
| Revenue YoY | -5.8% | +1.7% | -27.1% | +111.2% | ||||
| Profit YoY | -15.6% | +3.5% | -35.3% | +151.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 34 | 109 | 149 | 243 | 201 | 247 |
| EBITDA | -7 | 24 | 46 | 88 | 65 | 86 |
| Net profit | -9 | 12 | 30 | 63 | 47 | 64 |
| EPS (₹) | -6.62 | 8.52 | 19.56 | 41.83 | 31.38 | 42.28 |
| Revenue growth | +223.0% | +36.5% | +63.9% | -17.6% | +12.8% | |
| Profit growth | – | +140.3% | +113.9% | -25.0% | +18.5% | |
| Dividend / share (₹) | – | – | 1.00 | 2.00 | 4.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +22.6% | +30.8% | +12.8% |
| Net profit | +56.8% | +49.2% | +18.5% |
| EPS | +54.4% | +47.1% | – |
| Share price | – | -5.7% (2y) | +21.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 98 | 127 | 188 | 234 |
| Borrowings | – | 2 | 0 | 0 | 0 |
| Cash & equivalents | – | 29 | 22 | 91 | 129 |
| Total assets | – | 121 | 145 | 208 | 256 |
| Fixed assets | – | 33 | 31 | 31 | 29 |
| Capital work in progress | – | 0 | 2 | 1 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 26 | 32 | 29 | 34 |
| Inventory | – | 15 | 22 | 20 | 25 |
| Payables | – | 10 | 5 | 9 | 6 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 3 | 9 | 51 | 119 | 43 |
| Cash from investing | 15 | -6 | 7 | -41 | -26 |
| Cash from financing | 3 | 28 | 4 | 3 | -7 |
| Capex | 9 | 4 | 10 | 7 | 4 |
| Free cash flow | -6 | 5 | 41 | 112 | 39 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.5% | 23.3% | 33.5% | 20.2% |
| ROCE % | – | 19.1% | 32.3% | 45.8% | 27.9% |
| Debtor days | – | 88 | 79 | 44 | 62 |
| Inventory days | – | 101 | 138 | 66 | 101 |
| Payable days | – | 68 | 31 | 29 | 22 |
| Cash conversion cycle (days) | – | 121 | 186 | 81 | 141 |
| Working capital days | – | 201 | 171 | 205 | 333 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.65% |
| FIIs | 0.08% |
| DIIs | 1.02% |
| Public (non-institutions) | 33.25% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 64.81% | 64.81% | 64.81% | 64.81% | 64.81% | 64.83% | 65.65% | 65.65% |
| Promoter group | % |
|---|---|
| Shilpan Pravin Patel | 34.73% |
| Jigisha Shilpan Patel | 11.25% |
| Shilpan P Patel HUF | 6.82% |
| Arrow Business Advisory Pvt Ltd | 6.60% |
| Rishil S Patel | 3.47% |
| Neil S Patel | 2.72% |
| Manisha Sindhi | 0.07% |
| Public holders above 1% | % |
|---|---|
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.42% |
| Dipak Kanayalal Shah | 1.00% |
20,500 shareholders. Pledged: – of promoter shares.
Peers in Packaging
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EPL | ₹7,100 cr | 18.3x | 2.5x | 14.9% | 17.0% | 19.3% | +8.8% | 2.25% |
| AGI | ₹4,590 cr | 12.7x | 1.9x | 16.1% | 19.6% | 22.5% | +5.3% | 0.98% |
| UFLEX | ₹4,111 cr | 6.0x | 0.5x | 8.8% | 8.9% | 13.5% | +1.6% | 0.53% |
| TCPLPACK | ₹3,649 cr | 31.6x | 5.1x | 16.9% | 17.8% | 15.3% | +7.9% | 0.75% |
| JINDALPOLY | ₹2,976 cr | – | 1.0x | -27.6% | -17.5% | -78.1% | -14.4% | 0.87% |
| POLYPLEX | ₹2,943 cr | 18.9x | 0.7x | 3.9% | 6.9% | 7.8% | -2.5% | 1.55% |
| XPROINDIA | ₹2,278 cr | 69.0x | 3.0x | 4.8% | 5.2% | 9.3% | -0.4% | 0.20% |
| KNACK | ₹2,038 cr | – | – | – | – | – | – | – |
| MOLDTKPAC | ₹1,928 cr | 25.3x | 2.8x | 11.4% | 13.4% | 19.1% | +6.7% | 0.69% |
| ARROWGREEN | ₹1,041 cr | 16.3x | 4.4x | 30.2% | 37.3% | 35.0% | +22.6% | 0.58% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Hightech Products | ₹164 cr | 81.6% | ₹60 cr | 36.8% |
| Green Products | ₹37 cr | 18.4% | ₹13 cr | 34.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-15 | Dividend | Dividend - Rs 5 Per Share |
| 2025-09-18 | Dividend | Dividend - Rs 4 Per Share |
| 2024-09-12 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2023-09-20 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-09-26 | Other | Annual General Meeting |
| 2021-09-23 | Other | Annual General Meeting |
| 2020-09-24 | Other | Annual General Meeting |
| 2020-02-12 | Rights | Rights 1:5 @ Premium Rs 26/- |
| 2019-08-30 | Dividend | Annual General Meeting/Dividend -Rs 0.50 Per Share |
| 2018-09-10 | Dividend | Annual General Meeting/Dividend Rs 2 Per Share |
| 2017-09-07 | Dividend | Annual General Meeting/Dividend - Rs 4.50 Per Share/Special Dividend - Rs 1.10 Per Share |
| 2016-09-21 | Dividend | Annual General Meeting/Dividend Rs 1.50 Per Share |
| 2016-02-17 | Dividend | Interim Dividend - Rs 3/- Per Share |
| 2015-09-23 | Other | Agm/Div-Rs 2.50/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Packaging |
| Sub-industry | Packaging |
| Symbol | ARROWGREEN |
| BSE code | 516064 |
| ISIN | INE570D01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.