Arrow Greentech Ltd

Arrow Greentech Ltd

₹ 783 -2.71%
26 Dec - close price
About

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]

Key Points

Business Overview:[1][2]
AGL is a largest manufacturer of Water Soluble Films in India. It does development, production & marketing of a wide Range of Water Soluble Films including Mouth Dissolving Strips. It also provides security products and intellectual property services.

  • Market Cap 1,181 Cr.
  • Current Price 783
  • High / Low 1,099 / 301
  • Stock P/E 18.5
  • Book Value 108
  • Dividend Yield 0.26 %
  • ROCE 48.7 %
  • ROE 36.7 %
  • 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 185% CAGR over last 5 years

Cons

  • Stock is trading at 7.22 times its book value
  • Promoter holding has decreased over last quarter: -1.85%

* 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

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
8 7 5 9 18 31 47 31 29 25 48 64 57
8 9 9 12 16 21 29 18 18 16 28 35 31
Operating Profit 0 -2 -3 -3 2 10 18 12 11 9 20 29 26
OPM % 4% -24% -66% -31% 11% 33% 39% 40% 37% 36% 42% 45% 46%
5 1 1 1 1 1 2 1 1 1 2 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 4 -2 -4 -3 2 9 19 12 11 9 21 29 26
Tax % 7% -4% -37% -7% -28% 34% 29% 30% 28% 18% 23% 26% 26%
4 -2 -2 -3 2 6 13 9 8 7 16 21 20
EPS in Rs 2.57 -1.62 -1.62 -2.17 1.72 4.14 8.80 5.79 5.04 4.69 10.53 14.07 12.94
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
10 17 20 23 31 39 43 31 27 24 106 132 194
8 12 11 11 15 27 46 28 23 29 78 80 110
Operating Profit 1 5 9 12 16 12 -3 4 3 -5 28 52 84
OPM % 14% 30% 46% 51% 52% 31% -7% 12% 13% -22% 26% 39% 43%
1 1 1 5 2 10 7 2 3 7 4 6 5
Interest 0 0 0 0 0 0 0 1 1 1 1 0 0
Depreciation 0 0 1 1 1 4 3 3 4 4 4 5 5
Profit before tax 2 6 9 16 17 18 1 2 2 -3 27 52 84
Tax % 5% 26% 30% 29% 18% 16% 81% 7% -57% -43% 29% 25%
2 5 7 11 14 15 0 2 3 -2 19 39 64
EPS in Rs 1.16 3.23 4.65 7.96 9.79 10.74 0.13 1.50 1.79 -1.21 12.51 26.05 42.23
Dividend Payout % 54% 39% 45% 47% 48% 16% 309% 0% 0% 0% 8% 8%
Compounded Sales Growth
10 Years: 22%
5 Years: 25%
3 Years: 70%
TTM: 40%
Compounded Profit Growth
10 Years: 24%
5 Years: 185%
3 Years: 152%
TTM: 78%
Stock Price CAGR
10 Years: 4%
5 Years: 78%
3 Years: 86%
1 Year: 81%
Return on Equity
10 Years: 20%
5 Years: 17%
3 Years: 24%
Last Year: 37%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 12 12 12 12 12 12 12 14 14 14 15 15 15
Reserves 5 7 10 16 30 38 36 44 46 44 73 111 148
3 0 0 0 0 0 0 5 4 4 3 0 0
5 7 9 6 6 6 7 7 7 7 15 10 16
Total Liabilities 24 26 31 33 47 56 55 70 71 69 106 136 180
2 3 5 5 16 16 13 17 15 14 12 15 16
CWIP 1 1 1 1 1 1 1 0 0 1 1 3 3
Investments 0 7 15 16 19 26 12 11 6 2 1 37 76
20 14 9 11 11 14 28 42 50 52 92 81 85
Total Assets 24 26 31 33 47 56 55 70 71 69 106 136 180

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4 10 10 7 12 3 -10 10 -0 1 10 20
0 -8 -11 3 -12 1 14 -23 -0 0 -18 -16
-6 -2 -2 -7 -2 -6 -2 12 -1 -1 9 -4
Net Cash Flow -2 1 -3 3 -2 -2 2 -0 -2 0 0 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 117 9 9 9 21 29 59 31 91 42 72 67
Inventory Days 843 483 72 155 225 200 77 92 136 215 103 155
Days Payable 489 306 171 182 238 101 43 74 71 107 59 19
Cash Conversion Cycle 471 186 -90 -19 8 128 93 48 156 150 116 203
Working Capital Days 198 -6 -102 -35 8 60 83 16 89 82 82 116
ROCE % 9% 33% 46% 64% 48% 39% 2% 6% 4% -4% 36% 49%

Shareholding Pattern

Numbers in percentages

9 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.35% 70.35% 70.35% 70.35% 68.60% 68.60% 68.60% 68.60% 68.60% 68.60% 68.60% 66.75%
0.06% 0.00% 0.00% 0.01% 0.00% 0.13% 0.00% 0.02% 0.00% 1.28% 0.21% 0.09%
29.59% 29.65% 29.65% 29.64% 31.40% 31.28% 31.41% 31.38% 31.42% 30.13% 31.19% 33.16%
No. of Shareholders 8,6948,9348,7199,2687,8327,7608,2018,13712,63013,43014,83822,320

* 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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