ARROWGREENIndustrials

Arrow Greentech Limited

Packaging · ISIN INE570D01018 · BSE 516064 · NSE EQ · FV ₹10
Last price
₹903
-0.55%today
What this company does

Arrow Greentech Limited operates in Packaging, part of the Industrials sector. It booked ₹88 cr of revenue in its latest quarter (Q1 FY27) and kept 31.2% of sales as profit.

A. Security Products AGTL has invested in a state-of-the-art facility for manufacturing high-security products used for controlling counterfeits, such as anti-counterfeit threads, Security Fibers, and Security films. This plant features advanced capabilities in metalizing, demetallizing, holography, nano printing, and functional coatings, including embedding machine-readable features and lamination.
In the report:
85out of 100
Equitytale Health Score
Fortress

Healthier than 85% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
overbought
RSI (14)
75

At close. Not part of the score.

Profitability & returns97

How much profit it earns on the money it employs

Balance sheet99

How much it owes, and whether earnings cover the interest · highest in its sector on what we could measure

Cash quality67

Whether reported profit actually arrives as cash

Growth & consistency85

Whether sales and profit have grown, and how steadily

Valuation54

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthyPriced in line with peers
Strengths
Makes a profit
Strong 31% net margin
Sales up 111% vs last year
Profit up 151% vs last year
Promoters hold 66%
No promoter shares pledged
Strong 47% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in ARROWGREEN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹903 -0.55%
latest close · 2026-09-17
1-year return
+605.4%
52-wk low ₹8352-wk high ₹953
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.4Low
LowAverageHigh
P/B ratio5.81High
Below bookModerateHigh
EV / EBITDA8.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity46.7%Strong
WeakFairStrong ▸15%
Return on capital61.0%Strong
WeakFairStrong
Net margin31.2%Strong
ThinDecentStrong
EBITDA margin43.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover454.4×Strong
RiskyOkayStrong ▸5×
Current ratio11.57Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,362 cr
Book value
₹155
EPS
₹18.15
latest quarter
Net debt
₹-27 cr
more cash than debt
Enterprise value
₹1,335 cr
EBITDA
₹152 cr
annualised
EBIT
₹145 cr
annualised
Operating margin
41.4%
Return on assets
42.8%
Earnings yield
8.04%
P/S
3.88
Sales / share
₹232.8
Tax rate
24.4%
Face value
₹10
Shares
1.5 cr
Working capital
₹183 cr
Current assets
₹200 cr
Current liabilities
₹17 cr
Delivery %
56.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹113₹337, midpoint ₹225

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹88 cr
Other Income₹2 cr
Total Income₹90 cr
Cost of Materials₹36 cr
Purchases of Stock-in-Trade₹9 cr
Inventory Change (±)₹-5 cr
Employee Benefit Expense₹5 cr
Finance Costs₹8 L
Depreciation & Amortisation₹2 cr
Other Expenses₹7 cr
Total Expenses₹54 cr
Profit before Tax₹36 cr
Tax Expense₹9 cr
Net Profit₹27 cr
Net margin on total income30.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹40 cr44.3%
Employee benefit expense₹5 cr5.2%
Finance costs₹8 L0.1%
Depreciation & amortisation₹2 cr1.8%
Other expenses₹7 cr8.3%
Tax expense₹9 cr9.8%
Profit for the period₹27 cr30.5%
Total income ₹90 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue56 cr42 cr88 cr
Total income58 cr44 cr90 cr
Expenses39 cr34 cr54 cr
Profit before tax19 cr11 cr36 cr
Tax6 cr3 cr9 cr
Net profit (owners' share)13 cr7 cr27 cr
Net margin (owners' share, on revenue)23.7%17.7%31.2%
EPS (₹)8.814.9018.15
YoY (latest quarter): total income +106.7% · net profit +151.2%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹256 cr
Shareholder equity
₹234 cr
parent shareholders
Total debt
₹0 cr
Cash
₹27 cr
Cash flow · H1 FY26
Operating
₹45 cr
Investing
₹-30 cr
Financing
₹-7 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limited₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.55%
trailing 12 months
Dividend / share (TTM)
₹5
Last dividend
₹5
ex 15 Sep 2026
ActionDetailEx-date
Dividend₹5 / share15 Sep 2026
Dividend₹4 / share18 Sep 2025
Dividend₹2 / share12 Sep 2024
Dividend₹1 / share20 Sep 2023
Rights issue5:112 Feb 2020
Dividend₹0.5 / share30 Aug 2019
Who owns it · 2026-06-30
No pledge
Promoter
65.7%
FII / Foreign
0.2%
DII / Domestic
1.0%
Retail / others
33.2%
Promoter stake down 2.9% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRISHIL PATEL · Promoter Group1.24 L · ₹5.4 cr30 Mar 26
BoughtRISHIL PATEL · Promoter Group2,960 · ₹11.4 L24 Mar 26
SoldHARESH MEHTA · Director5,160 · ₹27.0 L20 Mar 25
Bulk / block deals
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE91,986 @ ₹601.349 Jun 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE91,986 @ ₹601.019 Jun 26
BoughtPATEL RISHIL SHILPAN · NSE1.12 L @ ₹434.5730 Mar 26
Stake changes
SoldShilpan Patel · promoter→ 34.73% · 1.67 L21 Nov 24
SoldRishil S Patel alongwith PAC · promoter→ 2.63% · 1.50 L6 Aug 24
SoldNeil S Patel alongwith PAC · promoter→ 2.72% · 1.30 L6 Aug 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 22 Sep 2025
See the official result
1
Adoption of Annual Accounts of the Company as on March 31, 2025
Backed by 82% of shareholders other than promotersneeded 50%
8.39 L votes for, 1.78 L against · 0% of mutual funds and other big investors said no
2
To declare Dividend on Equity Shares for the the year ended 31st March, 2025
Backed by 82% of shareholders other than promotersneeded 50%
8.39 L votes for, 1.78 L against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Neil Patel, who retires by rotation at the ensuing Annual General Meeting and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
Backed by 79% of shareholders other than promotersneeded 50%
8.04 L votes for, 2.13 L against · 0% of mutual funds and other big investors said no
4
To ratify remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2025-26.
Backed by 82% of shareholders other than promotersneeded 50%
8.39 L votes for, 1.78 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 65.7% between them · as of 2026-06-30
SHILPAN PRAVIN PATEL34.73%
JIGISHA SHILPAN PATEL11.25%
SHILPAN P PATEL HUF6.82%
Arrow Business Advisory Pvt Ltd6.60%
RISHIL S PATEL3.47%
NEIL S PATEL2.72%
MANISHA SINDHI0.07%
Business done with them
FY2025 · 1 of the group
The company paid ₹16 L to companies in the promoter group last year — about 0.1% of its ₹243 cr revenue.
ARROW BUSINESS ADVISORY PRIVATE LIMITED
Other payments to them · Rent
also owns 6.60% of the company
₹16 L
company paid

The company also transacted with 2 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹10.8 L raised in Nov 2022 by selling shares to selected investors

As of Mar 2025, the company says it has spent 100% of what it set aside.

The object of this preferential issue is to utilize the proceeds to meet working capital requirement and expansion of business, general corporate purpose and such other purpose as the Board may decide from time to time.
100%
₹10.8 L of ₹10.8 L

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.