Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of ARROWGREEN
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 48.14 | 43.86 | 29.12 | 24.91 | 50.62 | 66.11 | 64.84 | 55.11 | 57.29 | 41.60 | 61.07 | 56.06 | 41.78 |
| Expenses + | 29.54 | 29.49 | 20.12 | 17.61 | 35.00 | 38.05 | 38.54 | 37.19 | 41.25 | 27.35 | 40.32 | 36.85 | 31.41 |
| Operating Profit | 18.60 | 14.37 | 9.00 | 7.30 | 15.62 | 28.06 | 26.30 | 17.92 | 16.04 | 14.25 | 20.75 | 19.21 | 10.37 |
| OPM % | 38.64% | 32.76% | 30.91% | 29.31% | 30.86% | 42.44% | 40.56% | 32.52% | 28.00% | 34.25% | 33.98% | 34.27% | 24.82% |
| Other Income + | 1.25 | 0.71 | 0.57 | 0.64 | 0.68 | 0.80 | 1.14 | 1.56 | 1.76 | 1.88 | 2.12 | 2.15 | 2.38 |
| Interest | 0.38 | 0.09 | 0.09 | 0.10 | 0.16 | 0.03 | 0.05 | 0.08 | 0.05 | 0.06 | 0.12 | 0.12 | 0.08 |
| Depreciation | 1.80 | 1.71 | 1.97 | 2.11 | 2.05 | 1.74 | 1.72 | 1.90 | 2.03 | 1.81 | 1.98 | 1.94 | 2.04 |
| Profit before tax | 17.67 | 13.28 | 7.51 | 5.73 | 14.09 | 27.09 | 25.67 | 17.50 | 15.72 | 14.26 | 20.77 | 19.30 | 10.63 |
| Tax % | 27.50% | 29.82% | 32.62% | 14.83% | 28.81% | 25.58% | 27.50% | 26.69% | 27.54% | 23.42% | 24.22% | 31.14% | 30.01% |
| Net Profit + | 12.81 | 9.32 | 5.06 | 4.88 | 10.03 | 20.16 | 18.61 | 12.83 | 11.39 | 10.92 | 15.74 | 13.29 | 7.44 |
| EPS in Rs | 8.46 | 6.19 | 3.38 | 3.25 | 6.71 | 13.36 | 12.37 | 8.52 | 7.58 | 7.22 | 10.43 | 8.82 | 4.90 |
Financials of ARROWGREEN
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 49 | 51 | 53 | 35 | 34 | 22 | 52 | 34 | 109 | 149 | 243 | 201 |
| Expenses + | 19 | 14 | 16 | 29 | 49 | 29 | 44 | 41 | 85 | 102 | 155 | 136 |
| Operating Profit | 29 | 37 | 36 | 5 | -14 | -7 | 9 | -7 | 24 | 47 | 89 | 65 |
| OPM % | 60% | 73% | 69% | 16% | -42% | -34% | 17% | -21% | 22% | 31% | 36% | 32% |
| Other Income + | 1 | 5 | 5 | 2 | 1 | 1 | 2 | 2 | 2 | 3 | 5 | 9 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 2 | 4 | 4 | 4 | 5 | 5 | 7 | 8 | 7 | 8 |
| Profit before tax | 30 | 41 | 39 | 3 | -17 | -10 | 6 | -11 | 18 | 41 | 86 | 65 |
| Tax % | 22% | 24% | 12% | 95% | -1% | -2% | -22% | -16% | 32% | 28% | 27% | 27% |
| Net Profit + | 22 | 31 | 35 | 0 | -17 | -10 | 7 | -9 | 12 | 29 | 63 | 47 |
| EPS in Rs | 15.84 | 21.67 | 24.19 | 0.19 | -11.83 | -7.07 | 4.55 | -6.62 | 8.14 | 19.56 | 41.84 | 31.38 |
| Dividend Payout % | 13% | 17% | 19% | 870% | -4% | 0% | 0% | 0% | 12% | 10% | 10% | 0% |
Financials of ARROWGREEN
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 14 | 14 | 14 | 15 | 15 | 15 | 15 |
| Reserves | 35 | 58 | 86 | 86 | 66 | 62 | 70 | 61 | 83 | 112 | 173 | 219 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 5 | 3 | 1 | 1 | 2 |
| Other Liabilities + | 13 | 16 | 8 | 8 | 9 | 10 | 9 | 9 | 20 | 17 | 19 | 19 |
| Total Liabilities | 60 | 86 | 106 | 106 | 87 | 92 | 99 | 89 | 121 | 145 | 208 | 256 |
| Fixed Assets + | 11 | 16 | 26 | 26 | 23 | 28 | 26 | 28 | 37 | 37 | 38 | 38 |
| CWIP | 1 | 1 | 1 | 1 | 2 | 10 | 12 | 13 | 1 | 3 | 2 | 0 |
| Investments | 15 | 15 | 18 | 29 | 17 | 14 | 9 | 1 | 0 | 0 | 46 | 77 |
| Other Assets + | 33 | 53 | 60 | 49 | 45 | 40 | 53 | 46 | 83 | 104 | 123 | 141 |
| Total Assets | 60 | 86 | 106 | 106 | 87 | 92 | 99 | 89 | 121 | 145 | 208 | 256 |
Financials of ARROWGREEN
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 26 | 27 | 17 | 5 | -16 | 3 | 1 | 2 | 3 | 18 | 68 | 43 |
| Cash from Investing Activity + | -11 | -6 | -12 | -13 | 8 | -24 | 2 | -2 | -14 | -14 | -55 | -26 |
| Cash from Financing Activity + | -4 | -7 | -2 | -6 | -3 | 12 | -2 | -2 | 8 | -4 | -4 | -7 |
| Net Cash Flow | 11 | 14 | 2 | -14 | -11 | -8 | 2 | -1 | -3 | 1 | 9 | 10 |
| Free Cash Flow | 22 | 21 | 4 | 2 | -23 | -15 | -4 | -6 | -1 | 8 | 61 | 39 |
| CFO/OP | 107% | 94% | 78% | 159% | 109% | -53% | 17% | -33% | 25% | 71% | 103% | 94% |
Financials of ARROWGREEN
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4 | 40 | 66 | 84 | 81 | 56 | 49 | 40 | 88 | 79 | 44 | 62 |
| Inventory Days | 78 | 229 | 204 | 84 | 99 | 51 | 127 | 101 | 138 | 66 | 101 | |
| Days Payable | 153 | 267 | 111 | 49 | 80 | 27 | 60 | 68 | 31 | 29 | 22 | |
| Cash Conversion Cycle | -71 | 40 | 28 | 178 | 116 | 75 | 73 | 106 | 121 | 187 | 81 | 141 |
| Working Capital Days | -68 | -35 | 57 | 119 | 116 | 59 | 95 | 112 | 104 | 117 | 70 | 239 |
| ROCE % | 76% | 69% | 46% | 3% | -19% | -12% | 7% | -12% | 21% | 35% | 53% | 30% |
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