About
Arrow Greentech Limited, together with its subsidiaries, engages in the manufacture and sale of water-soluble films, bio-compostable products, and other green products in India and internationally. It operates through the Green Products and High-Tech Products segments. The company also offers packaging films for agro chemicals, liquid detergents, seed tapes, laundry bags, toilet blocks, and powder detergents. In addition, it provides embroidery films, mold release films, and water transfer printing films for the decoration of a range of products. Furthermore, the company offers plasticizer-free thermoplastic and transparent materials. Additionally, it provides security based and pharmaceutical products, and deals in anti-counterfeit solutions, IPRs, and other high-tech products, as well as intellectual property based products. Arrow Greentech Limited was formerly known as Arrow Coated Products Limited and changed its name to Arrow Greentech Limited in May 2016. The company was incorporated in 1992 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap1,228 Cr
P/E19.20
Div Yield0.61 %
Book Value₹155.00
52w High₹826.00
52w Low₹342.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 88.00 | 42.00 | 56.00 | 61.00 | 42.00 | 57.00 | 55.00 | 65.00 | 66.00 | 51.00 | 25.00 | 29.00 | 44.00 |
| Expenses | 52.00 | 31.00 | 37.00 | 40.00 | 27.00 | 41.00 | 37.00 | 39.00 | 38.00 | 35.00 | 18.00 | 20.00 | 29.00 |
| Operating Profit | 36.00 | 10.00 | 19.00 | 21.00 | 14.00 | 16.00 | 18.00 | 26.00 | 28.00 | 16.00 | 7.00 | 9.00 | 14.00 |
| OPM % | 41.00 | 25.00 | 34.00 | 34.00 | 34.00 | 28.00 | 33.00 | 41.00 | 42.00 | 31.00 | 29.00 | 31.00 | 33.00 |
| Other Income | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 36.00 | 11.00 | 19.00 | 21.00 | 14.00 | 16.00 | 18.00 | 26.00 | 27.00 | 14.00 | 6.00 | 8.00 | 13.00 |
| Tax % | 24.00 | 30.00 | 31.00 | 24.00 | 23.00 | 28.00 | 27.00 | 28.00 | 26.00 | 29.00 | 15.00 | 33.00 | 30.00 |
| Net Profit | 27.00 | 7.00 | 13.00 | 16.00 | 11.00 | 11.00 | 13.00 | 19.00 | 20.00 | 10.00 | 5.00 | 5.00 | 9.00 |
| EPS in Rs | 18.15 | 4.90 | 8.82 | 10.43 | 7.22 | 7.58 | 8.52 | 12.37 | 13.36 | 6.71 | 3.25 | 3.38 | 6.19 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 201.00 | 243.00 | 149.00 | 109.00 | 34.00 | 52.00 | 22.00 | 34.00 | 35.00 | 53.00 | 51.00 | 49.00 |
| Expenses | 136.00 | 155.00 | 102.00 | 85.00 | 41.00 | 44.00 | 29.00 | 49.00 | 29.00 | 16.00 | 14.00 | 19.00 |
| Operating Profit | 65.00 | 89.00 | 47.00 | 24.00 | -7.00 | 9.00 | -7.00 | -14.00 | 5.00 | 36.00 | 37.00 | 29.00 |
| OPM % | 32.00 | 36.00 | 31.00 | 22.00 | -21.00 | 17.00 | -34.00 | -42.00 | 16.00 | 69.00 | 73.00 | 60.00 |
| Other Income | 9.00 | 5.00 | 3.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 | 5.00 | 5.00 | 1.00 |
| Interest | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 8.00 | 7.00 | 8.00 | 7.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 2.00 | 1.00 | 1.00 |
| Profit before tax | 65.00 | 86.00 | 41.00 | 18.00 | -11.00 | 6.00 | -10.00 | -17.00 | 3.00 | 39.00 | 41.00 | 30.00 |
| Tax % | 27.00 | 27.00 | 28.00 | 32.00 | -16.00 | -22.00 | -2.00 | -1.00 | 95.00 | 12.00 | 24.00 | 22.00 |
| Net Profit | 47.00 | 63.00 | 29.00 | 12.00 | -9.00 | 7.00 | -10.00 | -17.00 | 0.00 | 35.00 | 31.00 | 22.00 |
| EPS in Rs | 31.38 | 41.84 | 19.56 | 8.14 | -6.62 | 4.55 | -7.07 | -11.83 | 0.19 | 24.19 | 21.67 | 15.84 |
| Dividend Payout % | 16.00 | 10.00 | 10.00 | 12.00 | 0.00 | 0.00 | 0.00 | -4.00 | 870.00 | 19.00 | 17.00 | 13.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 14.00 | 14.00 | 14.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| Reserves | 219.00 | 173.00 | 112.00 | 83.00 | 61.00 | 70.00 | 62.00 | 66.00 | 86.00 | 86.00 | 58.00 | 35.00 |
| Borrowings | 2.00 | 1.00 | 1.00 | 3.00 | 5.00 | 5.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 19.00 | 19.00 | 17.00 | 20.00 | 9.00 | 9.00 | 10.00 | 9.00 | 8.00 | 8.00 | 16.00 | 13.00 |
| Total Liabilities | 256.00 | 208.00 | 145.00 | 121.00 | 89.00 | 99.00 | 92.00 | 87.00 | 106.00 | 106.00 | 86.00 | 60.00 |
| Fixed Assets | 37.00 | 38.00 | 37.00 | 37.00 | 28.00 | 26.00 | 28.00 | 23.00 | 26.00 | 26.00 | 16.00 | 11.00 |
| CWIP | 2.00 | 2.00 | 3.00 | 1.00 | 13.00 | 12.00 | 10.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Investments | 77.00 | 46.00 | 0.00 | 0.00 | 1.00 | 9.00 | 14.00 | 17.00 | 29.00 | 18.00 | 15.00 | 15.00 |
| Other Assets | 141.00 | 123.00 | 104.00 | 83.00 | 46.00 | 53.00 | 40.00 | 45.00 | 49.00 | 60.00 | 53.00 | 33.00 |
| Total Assets | 256.00 | 208.00 | 145.00 | 121.00 | 89.00 | 99.00 | 92.00 | 87.00 | 106.00 | 106.00 | 86.00 | 60.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 43.00 | 68.00 | 18.00 | 3.00 | 2.00 | 1.00 | 3.00 | -16.00 | 5.00 | 17.00 | 27.00 | 26.00 |
| Cash from Investing Activity | -26.00 | -55.00 | -14.00 | -14.00 | -2.00 | 2.00 | -24.00 | 8.00 | -13.00 | -12.00 | -6.00 | -11.00 |
| Cash from Financing Activity | -7.00 | -4.00 | -4.00 | 8.00 | -2.00 | -2.00 | 12.00 | -3.00 | -6.00 | -2.00 | -7.00 | -4.00 |
| Net Cash Flow | 10.00 | 9.00 | 1.00 | -3.00 | -1.00 | 2.00 | -8.00 | -11.00 | -14.00 | 2.00 | 14.00 | 11.00 |
| Free Cash Flow | 39.00 | 61.00 | 8.00 | -1.00 | -6.00 | -4.00 | -15.00 | -23.00 | 2.00 | 4.00 | 21.00 | 22.00 |
| CFO/OP % | 94.00 | 103.00 | 71.00 | 25.00 | -33.00 | 17.00 | -53.00 | 109.00 | 159.00 | 78.00 | 94.00 | 107.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62.00 | 44.00 | 79.00 | 88.00 | 40.00 | 49.00 | 56.00 | 81.00 | 84.00 | 66.00 | 40.00 | 4.00 |
| Inventory Days | 101.00 | 66.00 | 138.00 | 101.00 | 127.00 | 51.00 | 99.00 | 84.00 | 204.00 | 229.00 | — | 78.00 |
| Days Payable | 22.00 | 29.00 | 31.00 | 68.00 | 60.00 | 27.00 | 80.00 | 49.00 | 111.00 | 267.00 | — | 153.00 |
| Cash Conversion Cycle | 141.00 | 81.00 | 187.00 | 121.00 | 106.00 | 73.00 | 75.00 | 116.00 | 178.00 | 28.00 | 40.00 | -71.00 |
| Working Capital Days | 100.00 | 70.00 | 117.00 | 104.00 | 112.00 | 95.00 | 59.00 | 116.00 | 119.00 | 57.00 | -35.00 | -68.00 |
| ROCE % | 30.00 | 53.00 | 35.00 | 21.00 | -12.00 | 7.00 | -12.00 | -19.00 | 3.00 | 46.00 | 69.00 | 76.00 |
Corporate Actions
19 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 18 Sep 2025 | 18 Sep 2025 | — | 4.00 | |
| Dividend | 12 Sep 2024 | — | — | 2.00 | |
| Dividend | 20 Sep 2023 | — | — | 1.00 | |
| Other | 26 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 24 Sep 2020 | — | — | — | Annual General Meeting |
| Rights | 12 Feb 2020 | 13 Feb 2020 | 1:5 | — | |
| Other | 12 Feb 2020 | 13 Feb 2020 | — | — | Right Issue of Equity Shares |
| Dividend | 30 Aug 2019 | — | — | 0.50 | |
| Dividend | 10 Sep 2018 | — | — | 2.00 | |
| Dividend | 07 Sep 2017 | — | — | 1.10 | NSE/BSE dividend mismatch: BSE/NSE=4.5; BSE/NSE=1.1 |
| Dividend | 07 Sep 2017 | — | — | 4.50 | NSE/BSE dividend mismatch: BSE/NSE=4.5; BSE/NSE=1.1 |
| Dividend | 21 Sep 2016 | — | — | 1.50 | |
| Dividend | 17 Feb 2016 | 18 Feb 2016 | — | 3.00 | |
| Dividend | 23 Sep 2015 | — | — | 2.50 | |
| Dividend | 23 Sep 2014 | — | — | 1.50 | |
| Dividend | 19 Sep 2013 | — | — | 0.75 | |
| Other | 09 Feb 2012 | 11 Feb 2012 | — | — | Right Issue of Equity Shares with Warrants |
| Dividend | 18 Dec 2007 | — | — | 0.50 |