- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0116301

About Arrow Greentech Limited
Data last updated:
Arrow Greentech Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 30 October 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L21010MH1992PLC069281. Its GSTIN is 27AAACA9525H1ZO (Maharashtra). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 516064 and NSE: ARROWGREEN.
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹15.09 Cr. It was formerly known as Arrow Coated Products Limited. It is led by directors including Shilpan Pravin Patel (Managing Director) and Neil Shilpan Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1/F Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹200.51 Cr, a decline of 17.6% compared to the previous year. For the same year it recorded a net profit of ₹44.74 Cr (net margin 22.3%) and EBITDA of ₹64.86 Cr (EBITDA margin 32.3%). The net worth stands at ₹234.39 Cr (up 24.5% YoY). Total assets are valued at ₹241.98 Cr (up 24.9% YoY).
The company has about 40 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Arrowbioplast and Arrow GreenTech. As per MCA filings, the company has open charges of ₹58 Cr and satisfied charges of ₹11.42 Cr on record. Court records list 46 cases involving the company, including 28 filed by the company and 18 filed against it; 2 cases are pending. The company has 43 deals on record (41 market trades, 1 funding round, 1 rights issue), with disclosed funding of ₹10.8 Cr; the latest was in June 2026. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 58 overdue payments to 9 micro and small suppliers.
Arrow Greentech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0116301). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arrowgreentech.com.
Company details
Recognitions & Rankings of Arrow Greentech
Contact details
Arrow Greentech Limited's registered office is in Mumbai, Maharashtra. Its website is arrowgreentech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1/F Laxmi Industrial Estate New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Arrow Greentech Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Arrow Greentech operates two associated brands: Arrowbioplast and Arrow GreenTech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and sells sustainable bioplastics for eco-friendly applications. | arrowbioplast.com | |
| Water soluble films and capsulated hygiene chemicals are manufactured. | arrowgreentech.com |
Financials of Arrow Greentech Limited
FY 2025-26 filings availableArrow Greentech Limited reported revenue of ₹200.51 Cr (down 17.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 201 | 243 | 149 | 109 | 33.67 | 52.40 | 22.03 |
| Revenue growth | -17.6% | +63.9% | +36.5% | +223.1% | -35.7% | +137.9% | - |
| EBITDA | 64.86 | 88.62 | 46.51 | 23.67 | (7.16) | 8.40 | (8.06) |
| EBITDA margin | +32.4% | +36.4% | +31.3% | +21.8% | -21.3% | +16.0% | -36.6% |
| Profit before tax | 64.96 | 86.00 | 40.66 | 18.03 | (11.00) | 5.59 | (10.49) |
| Net profit | 44.74 | 61.74 | 29.51 | 12.28 | (9.50) | 5.99 | (9.59) |
| Net profit margin | +22.3% | +25.4% | +19.9% | +11.3% | -28.2% | +11.4% | -43.5% |
| EPS (₹) | 31.38 | 41.84 | 19.56 | 8.14 | (6.62) | 4.55 | (7.07) |
| Balance sheet | |||||||
| Total assets | 242 | 194 | 132 | 106 | 81.72 | 92.05 | 84.12 |
| Net worth | 234 | 188 | 127 | 98.19 | 74.69 | 84.55 | 75.96 |
| Total debt | 2.26 | 0.67 | 1.24 | 3.45 | 4.72 | 5.23 | 5.24 |
| Cash & bank | 53.00 | 45.80 | 21.89 | 28.90 | 20.38 | 20.16 | 18.75 |
| Net working capital | 108 | 92.65 | 69.89 | 61.61 | 32.08 | 34.97 | 23.60 |
| Cash flow | |||||||
| Cash from operations | 43.04 | 67.57 | 18.38 | 2.98 | 2.39 | 0.94 | 3.42 |
| Cash from investing | (25.87) | (54.58) | (13.54) | (14.14) | (2.24) | 2.32 | (23.57) |
| Cash from financing | (7.07) | (3.92) | (4.28) | 8.41 | (1.62) | (1.60) | 12.06 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.84 | 41.78 | 56.06 | 61.07 | 41.60 | 57.29 | 55.11 | 64.84 |
| Revenue growth (YoY) | +111.2% | -27.1% | +1.7% | -5.8% | -37.1% | - | - | - |
| Other income | 2.05 | 2.38 | 2.15 | 2.12 | 1.88 | 1.76 | 1.56 | 1.14 |
| EBITDA | 35.93 | 10.37 | 19.21 | 20.75 | 14.25 | 16.04 | 17.92 | 26.30 |
| EBITDA margin | +40.9% | +24.8% | +34.3% | +34.0% | +34.3% | +28.0% | +32.5% | +40.6% |
| Depreciation | 1.63 | 2.04 | 1.94 | 1.98 | 1.81 | 2.03 | 1.90 | 1.72 |
| Interest | 0.08 | 0.08 | 0.12 | 0.12 | 0.06 | 0.05 | 0.08 | 0.05 |
| Profit before tax | 36.27 | 10.63 | 19.30 | 20.77 | 14.26 | 15.72 | 17.50 | 25.67 |
| Tax | 8.84 | 3.19 | 6.01 | 5.03 | 3.34 | 4.33 | 4.67 | 7.06 |
| Net profit | 27.43 | 7.44 | 13.29 | 15.74 | 10.92 | 11.39 | 12.83 | 18.61 |
| EPS (₹) | 18.15 | 4.90 | 8.81 | 10.42 | 7.21 | 7.58 | 8.52 | 12.37 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 157 | 201 | 132 | 106 | 23.91 | 26.77 | 31.45 |
| Revenue growth | -22.1% | +52.5% | +25.1% | +341.3% | -10.7% | -14.9% | - |
| EBITDA | 55.76 | 83.19 | 51.70 | 27.96 | (5.39) | 3.37 | 3.32 |
| EBITDA margin | +35.6% | +41.3% | +39.2% | +26.5% | -22.5% | +12.6% | +10.6% |
| Profit before tax | 57.85 | 82.89 | 52.35 | 26.60 | (2.98) | 1.61 | 2.28 |
| Net profit | 39.90 | 60.54 | 39.30 | 18.88 | (1.72) | 2.48 | 2.31 |
| Net profit margin | +25.5% | +30.1% | +29.8% | +17.9% | -7.2% | +9.3% | +7.3% |
| EPS (₹) | 28.16 | 41.02 | 26.04 | 12.51 | (1.21) | 1.79 | 1.50 |
| Balance sheet | |||||||
| Total assets | 224 | 185 | 128 | 93.25 | 62.45 | 64.61 | 63.06 |
| Net worth | 221 | 185 | 126 | 88.15 | 58.55 | 60.25 | 57.68 |
| Total debt | 1.78 | 0.00 | 0.42 | 2.52 | 3.69 | 4.13 | 5.24 |
| Cash & bank | 27.07 | 34.16 | 14.66 | 23.10 | 11.16 | 9.05 | 11.66 |
| Net working capital | 74.00 | 70.16 | 56.61 | 46.66 | 16.54 | 15.59 | 14.25 |
| Cash flow | |||||||
| Cash from operations | 29.32 | 65.88 | 19.63 | 9.65 | 1.16 | (0.07) | 10.21 |
| Cash from investing | (27.00) | (57.58) | (16.44) | (17.67) | 0.36 | (0.29) | (22.95) |
| Cash from financing | (6.81) | (3.68) | (3.88) | 8.51 | (1.07) | (1.47) | 12.23 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 77.15 | 34.37 | 44.73 | 44.80 | 32.85 | 39.29 | 40.30 | 57.14 |
| Revenue growth (YoY) | +134.9% | -12.5% | +11.0% | -21.6% | -49.1% | - | - | - |
| Other income | 2.01 | 2.28 | 2.07 | 1.91 | 1.69 | 1.73 | 1.43 | 0.97 |
| Total expenses | 43.06 | 24.37 | 28.19 | 27.67 | 21.01 | 26.35 | 25.74 | 30.73 |
| EBITDA | 34.09 | 10.00 | 16.54 | 17.13 | 11.84 | 12.94 | 14.56 | 26.41 |
| EBITDA margin | +44.2% | +29.1% | +37.0% | +38.2% | +36.0% | +32.9% | +36.1% | +46.2% |
| Depreciation | 1.05 | 1.39 | 1.32 | 1.37 | 1.22 | 1.36 | 1.23 | 1.05 |
| Interest | 0.06 | 0.06 | 0.10 | 0.11 | 0.04 | 0.03 | 0.06 | 0.03 |
| Profit before tax | 34.99 | 10.83 | 17.19 | 17.56 | 12.27 | 13.28 | 14.70 | 26.30 |
| Tax | 8.91 | 2.85 | 5.27 | 4.16 | 3.08 | 2.96 | 3.89 | 6.77 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.84 | 41.78 | 56.06 | 61.07 | 41.60 | 57.29 | 55.11 | 64.84 |
| Revenue growth (YoY) | +111.2% | -27.1% | +1.7% | -5.8% | -37.1% | - | - | - |
| Other income | 2.05 | 2.38 | 2.15 | 2.12 | 1.88 | 1.76 | 1.56 | 1.14 |
| EBITDA | 35.93 | 10.37 | 19.21 | 20.75 | 14.25 | 16.04 | 17.92 | 26.30 |
| EBITDA margin | +40.9% | +24.8% | +34.3% | +34.0% | +34.3% | +28.0% | +32.5% | +40.6% |
| Depreciation | 1.63 | 2.04 | 1.94 | 1.98 | 1.81 | 2.03 | 1.90 | 1.72 |
| Interest | 0.08 | 0.08 | 0.12 | 0.12 | 0.06 | 0.05 | 0.08 | 0.05 |
| Profit before tax | 36.27 | 10.63 | 19.30 | 20.77 | 14.26 | 15.72 | 17.50 | 25.67 |
| Tax | 8.84 | 3.19 | 6.01 | 5.03 | 3.34 | 4.33 | 4.67 | 7.06 |
| Net profit | 27.43 | 7.44 | 13.29 | 15.74 | 10.92 | 11.39 | 12.83 | 18.61 |
| EPS (₹) | 18.15 | 4.90 | 8.81 | 10.42 | 7.21 | 7.58 | 8.52 | 12.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 201 | 243 | 149 | 109 | 33.67 | 52.40 | 22.03 |
| Revenue growth | -17.6% | +63.9% | +36.5% | +223.1% | -35.7% | +137.9% | - |
| Other income | 8.53 | 5.26 | 2.60 | 2.35 | 1.69 | 2.61 | 1.80 |
| Total expenses | 136 | 155 | 102 | 85.10 | 40.83 | 44.00 | 30.09 |
| Employee cost | 17.01 | 15.31 | 13.74 | 10.76 | 7.09 | 6.26 | 7.24 |
| EBITDA | 64.86 | 88.62 | 46.51 | 23.67 | (7.16) | 8.40 | (8.06) |
| EBITDA margin | +32.4% | +36.4% | +31.3% | +21.8% | -21.3% | +16.0% | -36.6% |
| Depreciation | 7.77 | 7.40 | 7.84 | 6.68 | 4.70 | 4.60 | 3.57 |
| Interest | 0.66 | 0.48 | 0.61 | 1.31 | 0.83 | 0.82 | 0.66 |
| Profit before tax | 64.96 | 86.00 | 40.66 | 18.03 | (11.00) | 5.59 | (10.49) |
| Tax | 17.57 | 22.99 | 11.33 | 5.77 | (1.74) | (1.24) | (0.26) |
| Net profit | 44.74 | 61.74 | 29.51 | 12.28 | (9.50) | 5.99 | (9.59) |
| Net profit margin | +22.3% | +25.4% | +19.9% | +11.3% | -28.2% | +11.4% | -43.5% |
| EPS (₹) | 31.38 | 41.84 | 19.56 | 8.14 | (6.62) | 4.55 | (7.07) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.09 | 15.09 | 15.09 | 15.09 | 14.09 | 14.09 | 14.09 |
| Reserves & surplus | 219 | 173 | 112 | 83.10 | 60.60 | 70.46 | 61.87 |
| Shareholders' funds (net worth) | 234 | 188 | 127 | 98.19 | 74.69 | 84.55 | 75.96 |
| Minority interest | 1.82 | 1.78 | 1.90 | 2.08 | 2.10 | 2.04 | 1.63 |
| Secured loans | 0.00 | 0.00 | 0.33 | 2.25 | 3.43 | 3.97 | 4.82 |
| Unsecured loans | 2.26 | 0.67 | 0.91 | 1.20 | 1.29 | 1.26 | 0.42 |
| Total debt | 2.26 | 0.67 | 1.24 | 3.45 | 4.72 | 5.23 | 5.24 |
| Total liabilities | 242 | 194 | 132 | 106 | 81.72 | 92.05 | 84.12 |
| Assets | |||||||
| Gross block | 86.14 | 79.24 | 72.20 | 63.99 | 48.27 | 41.75 | 39.88 |
| Net block | 36.79 | 37.52 | 37.43 | 36.87 | 27.93 | 25.94 | 27.69 |
| Capital work in progress | 1.77 | 2.45 | 3.20 | 1.16 | 13.42 | 11.68 | 9.75 |
| Investments | 76.63 | 45.54 | 0.46 | 0.44 | 1.18 | 8.71 | 14.50 |
| Inventories | 25.25 | 20.23 | 22.25 | 14.98 | 6.73 | 3.76 | 3.32 |
| Sundry debtors | 34.24 | 29.31 | 32.21 | 26.28 | 3.65 | 6.97 | 3.35 |
| Cash & bank balances | 53.00 | 45.80 | 21.89 | 28.90 | 20.38 | 20.16 | 18.75 |
| Loans & advances | 9.80 | 11.93 | 7.10 | 6.58 | 8.25 | 11.06 | 5.68 |
| Total current assets | 122 | 107 | 83.45 | 76.74 | 39.01 | 41.95 | 31.10 |
| Total current liabilities | 13.83 | 14.62 | 13.56 | 15.13 | 6.93 | 6.98 | 7.50 |
| Net working capital | 108 | 92.65 | 69.89 | 61.61 | 32.08 | 34.97 | 23.60 |
| Total assets | 242 | 194 | 132 | 106 | 81.72 | 92.05 | 84.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 16.69 | 7.62 | 7.06 | 9.81 | 11.28 | 9.61 | 17.70 |
| Net cash from operating activities | 43.04 | 67.57 | 18.38 | 2.98 | 2.39 | 0.94 | 3.42 |
| Net cash from investing activities | (25.87) | (54.58) | (13.54) | (14.14) | (2.24) | 2.32 | (23.57) |
| Net cash from financing activities | (7.07) | (3.92) | (4.28) | 8.41 | (1.62) | (1.60) | 12.06 |
| Net change in cash | 10.10 | 9.07 | 0.56 | (2.75) | (1.47) | 1.66 | (8.09) |
| Closing cash | 53.00 | 45.80 | 21.89 | 28.90 | 20.38 | 20.16 | 18.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -17.6% | +63.9% | +36.5% | +223.1% | -35.7% | +137.9% | - |
| EBITDA growth | -26.8% | +90.5% | +96.5% | +430.6% | -185.2% | +204.2% | - |
| PBT growth | -24.5% | +111.5% | +125.5% | +9998.0% | - | +9998.0% | +38.5% |
| Net income growth | -27.5% | +109.2% | +140.3% | +229.3% | -258.6% | +162.5% | - |
| Revenue CAGR (3Y) | +22.6% | +93.3% | +41.5% | +70.3% | -0.6% | +14.9% | -25.2% |
| EBITDA CAGR (3Y) | +39.9% | - | +76.9% | - | -21.6% | +15.9% | - |
| Profitability & leverage | |||||||
| Net income margin | +23.6% | +25.9% | +19.8% | +11.3% | -27.5% | +13.0% | -46.4% |
| Return on capital employed | +30.4% | +53.7% | +35.3% | +21.0% | -12.0% | +7.4% | -12.2% |
| Return on net worth | +22.4% | +40.0% | +26.1% | +14.2% | -11.6% | +8.5% | -13.3% |
| Debt / equity | 0.01 | 0.01 | 0.02 | 0.05 | 0.06 | 0.07 | 0.03 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 | 0.05 | 0.03 |
| Interest cover | 1.16 | 0.59 | 1.58 | 7.71 | -7.00 | 21.58 | -5.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.42 | 3.21 | 2.18 | 1.94 | 0.75 | 1.28 | 0.61 |
| Inventory turnover | 8.82 | 11.46 | 7.98 | 10.02 | 6.42 | 14.80 | 4.78 |
| Debtors turnover | 6.31 | 7.91 | 5.08 | 7.27 | 6.34 | 10.16 | 4.02 |
| EPS (₹) | 31.38 | 41.84 | 19.56 | 8.14 | (6.62) | 4.55 | (7.07) |
| Dividend per share (₹) | 5.00 | 4.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 155.33 | 124.76 | 84.07 | 65.07 | 53.01 | 60.01 | 53.92 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 77.15 | 34.37 | 44.73 | 44.80 | 32.85 | 39.29 | 40.30 | 57.14 |
| Revenue growth (YoY) | +134.9% | -12.5% | +11.0% | -21.6% | -49.1% | - | - | - |
| Other income | 2.01 | 2.28 | 2.07 | 1.91 | 1.69 | 1.73 | 1.43 | 0.97 |
| Total expenses | 43.06 | 24.37 | 28.19 | 27.67 | 21.01 | 26.35 | 25.74 | 30.73 |
| EBITDA | 34.09 | 10.00 | 16.54 | 17.13 | 11.84 | 12.94 | 14.56 | 26.41 |
| EBITDA margin | +44.2% | +29.1% | +37.0% | +38.2% | +36.0% | +32.9% | +36.1% | +46.2% |
| Depreciation | 1.05 | 1.39 | 1.32 | 1.37 | 1.22 | 1.36 | 1.23 | 1.05 |
| Interest | 0.06 | 0.06 | 0.10 | 0.11 | 0.04 | 0.03 | 0.06 | 0.03 |
| Profit before tax | 34.99 | 10.83 | 17.19 | 17.56 | 12.27 | 13.28 | 14.70 | 26.30 |
| Tax | 8.91 | 2.85 | 5.27 | 4.16 | 3.08 | 2.96 | 3.89 | 6.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 157 | 201 | 132 | 106 | 23.91 | 26.77 | 31.45 |
| Revenue growth | -22.1% | +52.5% | +25.1% | +341.3% | -10.7% | -14.9% | - |
| Other income | 7.95 | 4.81 | 5.88 | 4.11 | 7.03 | 3.14 | 2.71 |
| Total expenses | 101 | 118 | 80.27 | 77.55 | 29.30 | 23.40 | 28.13 |
| Employee cost | 13.73 | 12.34 | 10.92 | 8.48 | 6.39 | 5.82 | 6.61 |
| EBITDA | 55.76 | 83.19 | 51.70 | 27.96 | (5.39) | 3.37 | 3.32 |
| EBITDA margin | +35.6% | +41.3% | +39.2% | +26.5% | -22.5% | +12.6% | +10.6% |
| Depreciation | 5.30 | 4.73 | 4.74 | 4.28 | 3.93 | 4.22 | 3.23 |
| Interest | 0.56 | 0.38 | 0.49 | 1.19 | 0.69 | 0.68 | 0.52 |
| Profit before tax | 57.85 | 82.89 | 52.35 | 26.60 | (2.98) | 1.61 | 2.28 |
| Tax | 15.36 | 20.99 | 13.05 | 7.72 | (1.27) | (0.92) | 0.16 |
| Net profit | 39.90 | 60.54 | 39.30 | 18.88 | (1.72) | 2.48 | 2.31 |
| Net profit margin | +25.5% | +30.1% | +29.8% | +17.9% | -7.2% | +9.3% | +7.3% |
| EPS (₹) | 28.16 | 41.02 | 26.04 | 12.51 | (1.21) | 1.79 | 1.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.09 | 15.09 | 15.09 | 15.09 | 14.09 | 14.09 | 14.09 |
| Reserves & surplus | 206 | 170 | 111 | 73.06 | 44.46 | 46.16 | 43.59 |
| Shareholders' funds (net worth) | 221 | 185 | 126 | 88.15 | 58.55 | 60.25 | 57.68 |
| Secured loans | 0.00 | 0.00 | 0.33 | 2.25 | 3.43 | 3.97 | 4.82 |
| Unsecured loans | 1.78 | 0.00 | 0.09 | 0.27 | 0.26 | 0.16 | 0.42 |
| Total debt | 1.78 | 0.00 | 0.42 | 2.52 | 3.69 | 4.13 | 5.24 |
| Total liabilities | 224 | 185 | 128 | 93.25 | 62.45 | 64.61 | 63.06 |
| Assets | |||||||
| Gross block | 54.49 | 49.50 | 43.27 | 35.76 | 33.29 | 29.83 | 28.53 |
| Net block | 17.15 | 17.45 | 15.45 | 12.34 | 14.33 | 14.64 | 16.94 |
| Capital work in progress | 1.27 | 1.95 | 2.72 | 0.68 | 0.72 | 0.34 | 0.38 |
| Investments | 113 | 82.08 | 37.02 | 0.87 | 1.62 | 6.34 | 10.55 |
| Inventories | 22.24 | 19.78 | 21.63 | 14.35 | 5.96 | 3.14 | 3.05 |
| Sundry debtors | 30.97 | 23.68 | 24.35 | 20.71 | 2.73 | 6.69 | 2.63 |
| Cash & bank balances | 27.07 | 34.16 | 14.66 | 23.10 | 11.16 | 9.05 | 11.66 |
| Loans & advances | 4.24 | 3.85 | 4.24 | 1.32 | 3.34 | 3.32 | 4.01 |
| Total current assets | 84.52 | 81.47 | 64.88 | 59.48 | 23.19 | 22.20 | 21.35 |
| Total current liabilities | 10.52 | 11.31 | 8.27 | 12.82 | 6.65 | 6.61 | 7.10 |
| Net working capital | 74.00 | 70.16 | 56.61 | 46.66 | 16.54 | 15.59 | 14.25 |
| Total assets | 224 | 185 | 128 | 93.25 | 62.45 | 64.61 | 63.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.55 | 0.93 | 1.62 | 1.13 | 0.68 | 2.52 | 3.02 |
| Net cash from operating activities | 29.32 | 65.88 | 19.63 | 9.65 | 1.16 | (0.07) | 10.21 |
| Net cash from investing activities | (27.00) | (57.58) | (16.44) | (17.67) | 0.36 | (0.29) | (22.95) |
| Net cash from financing activities | (6.81) | (3.68) | (3.88) | 8.51 | (1.07) | (1.47) | 12.23 |
| Net change in cash | (4.49) | 4.62 | (0.69) | 0.49 | 0.45 | (1.83) | (0.50) |
| Closing cash | 27.07 | 34.16 | 14.66 | 23.10 | 11.16 | 9.05 | 11.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -22.1% | +52.5% | +25.1% | +341.3% | -10.7% | -14.9% | - |
| EBITDA growth | -33.0% | +60.9% | +84.9% | +618.7% | -259.9% | +1.5% | - |
| PBT growth | -30.2% | +58.3% | +96.8% | +9998.0% | - | -29.4% | +123.5% |
| Net income growth | -34.1% | +54.1% | +108.2% | +1197.7% | -169.4% | +7.4% | - |
| Revenue CAGR (3Y) | +14.1% | +103.4% | +70.2% | +49.7% | -18.0% | -11.6% | +0.6% |
| EBITDA CAGR (3Y) | +25.9% | - | +148.5% | +103.5% | +18.9% | -34.5% | -40.7% |
| Profitability & leverage | |||||||
| Net income margin | +27.1% | +30.8% | +29.8% | +17.9% | -7.2% | +9.5% | +6.7% |
| Return on capital employed | +28.6% | +53.3% | +47.9% | +35.7% | -3.6% | +3.6% | +5.5% |
| Return on net worth | +20.9% | +39.9% | +36.7% | +25.7% | -2.9% | +4.3% | +4.4% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.04 | 0.07 | 0.08 | 0.05 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.06 | 0.04 |
| Interest cover | 1.11 | 0.48 | 1.04 | 5.03 | -7.40 | -80.00 | 577.78 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.01 | 4.34 | 3.34 | 3.06 | 0.76 | 0.92 | 1.25 |
| Inventory turnover | 7.46 | 9.72 | 7.34 | 10.39 | 5.25 | 8.65 | 7.36 |
| Debtors turnover | 5.74 | 8.38 | 5.86 | 9.00 | 5.08 | 5.74 | 6.50 |
| EPS (₹) | 28.16 | 41.02 | 26.04 | 12.51 | (1.21) | 1.79 | 1.50 |
| Dividend per share (₹) | 5.00 | 4.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 146.61 | 122.40 | 83.42 | 58.42 | 41.55 | 42.77 | 40.94 |
To see the full year-wise statements and ratios of Arrow Greentech Limited, buy the company report.
Board of directors of Arrow Greentech Limited
Arrow Greentech has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpan Pravin Patel Also directs: Grace Paper Industries Pvt Ltd, Arrow Agri-Tech Private Limited, Sparrow Biopolymer Products Private Limited and 4 more | Managing Director | 30 Oct 1992 | 34 Years 0 Months | Current |
| Neil Shilpan Patel Also directs: Arrow Agri-Tech Private Limited, Arrow Business Advisory Private Limited, Arrow Secure Technology Private Limited and 3 more | Whole-Time Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Jigisha Shilpan Patel | Director | 14 Jul 2020 | 6 Years 3 Months | Current |
| Yogesh Harivadan Gajjar | Director | 08 Feb 2025 | 1 Years 8 Months | Current |
| Prashant Sushilchandra Mehta Also directs: Taximen S Finance and Leasing Limited | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
| Barkharani Harsh Nevatia Also directs: Shree Pushkar Chemicals & Fertilisers Limited, Euro Panel Products Limited, Madhya Bharat Phosphate Private Limited and 1 more | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Arrow Greentech Limited is audited by HARIBHAKTI & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARIBHAKTI & CO. LLP | FY 2023 | 103523W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.60%, foreign institutional investors hold 0.20%, domestic institutional investors hold 1.00% and retail and other public shareholders hold 33.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.60% | 64.80% | 64.80% | 64.80% |
| Public | 34.40% | 35.20% | 35.20% | 35.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2026 | 101305332 | Others | ₹10 Cr | Open | |
| 25 Apr 2022 | 100572170 | Others | ₹35 Cr | Open | |
| 20 Feb 2017 | 100081007 | Others | ₹10 Cr | Open | |
| 31 Oct 2006 | 100842814 | The Indnsind Bank Ltd. | ₹3 Cr | Open | |
| 24 Sep 2019 | 100296071 | Others | ₹5.25 Cr | Satisfied |
To see the full charge records of Arrow Greentech Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Arrow Greentech Limited has 43 deals on record (41 market trades, 1 funding round, 1 rights issue), with disclosed funding of ₹10.8 Cr; the latest was in June 2026.
Deals on record (5 of 43)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹5.53 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Oct 2025 | Market trade | ₹6.76 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Aug 2024 | Market trade | ₹46.24 Cr | Buyer: Hrti Private Limited , Aakraya Research LLP Seller: Hrti Private Limited , Aakraya Research LLP , 2 individuals |
| Aug 2024 | Market trade | ₹7.94 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Jul 2024 | Market trade | ₹7.63 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Arrow Greentech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arrow Greentech Limited has 46 court cases on record: 28 filed by Arrow Greentech, 18 filed against it. 2 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 7 | 2 |
| District courts | 20 | 11 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Nu Therapeutics Private Limited & Ors. | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Shilpa Medicare Limited | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Shilpa Medicare Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Aim Machintechnik Private Limited and 3 others | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by M/S Shilpa Medicare Limited | Disposed |
To see the full case history of Arrow Greentech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Arrow Greentech Limited was last rated by Crisil on 28 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Sep 2021 |
To see the full credit ratings and regulatory alerts of Arrow Greentech Limited, buy the company report.
MSME payment delays
Arrow Greentech Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 58 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Re Equipments (India) Private Limited | |||
| Arihant Gujarat Plastic Indstries |
To see the full MSME payment records of Arrow Greentech Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Arrow Greentech has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Arrow Secure Technology Private Limited | U74999MH2006PTC165191 | |
| Avery Pharmaceuticals Private Limited | U74999MH2017PTC295476 | |
| LQ Arrow Security Products (India) Private Limited | U74999MH2017PTC299486 |
To see the full group structure of Arrow Greentech Limited, buy the company report.
Employees & EPFO
Arrow Greentech Limited has a workforce of 40 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Arrow Greentech has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA9525H1ZO | Maharashtra | Active | 01 Jul 2017 |
| 24AAACA9525H1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arrow Greentech Limited, buy the company report.
Recent activity
Arrow Greentech Limited has 39 board changes on record since 1992: 23 appointments and 16 cessations. The latest: Haresh Chhotalal Mehta ceased to be Director on 31 Mar 2025.
43 earlier events are in the company report.
News
Frequently asked questions
Arrow Greentech is an active public limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 30 October 1992 (34+ years old) and is registered under CIN L21010MH1992PLC069281. Listed on BSE: 516064 and NSE: ARROWGREEN.
Arrow Greentech reported revenue of ₹200.51 Cr for FY 2025-26 (down 17.6% YoY) based on consolidated financials.
Arrow Greentech has 6 current directors:
- Shilpan Pravin Patel - Managing Director
- Neil Shilpan Patel - Whole-Time Director
- Jigisha Shilpan Patel - Director
- Yogesh Harivadan Gajjar - Director
- Prashant Sushilchandra Mehta - Director
- Barkharani Harsh Nevatia - Director
The latest financial statements of Arrow Greentech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Arrow Greentech is 27AAACA9525H1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACA9525H1ZU (Gujarat).
The CIN (Corporate Identification Number) of Arrow Greentech is L21010MH1992PLC069281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Arrow Greentech is a listed company as per MCA records. Its shares are listed on both BSE (code: 516064) and NSE (symbol: ARROWGREEN).
Arrow Greentech has 46 court cases on record: 28 filed by the company and 18 filed against it. 2 are pending. Most are in the high courts.
Arrow Greentech was incorporated on 30 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Arrow Greentech has 43 deals on record (41 market trades, 1 funding round, 1 rights issue), with disclosed funding of ₹10.8 Cr; the latest was in June 2026.
Haresh Chhotalal Mehta ceased to be Director on 31 Mar 2025. Yogesh Harivadan Gajjar was appointed as Director on 08 Feb 2025. Dinesh Navnitlal Modi ceased to be Director on 31 Mar 2024. Arrow Greentech has 39 board changes on record in total.

