Makes specialty films used in security and anti-counterfeit applications, plus sustainable packaging films. FY26 revenue of Rs 200.51 cr was earned almost entirely from two segments — Hightech Products at Rs 163.61 cr (81.6% of segment revenue) and Green Products at Rs 36.9 cr (18.4%). The Hightech segment sells graphene-based security threads, color shift films used in security labels and decorative applications, and anti-counterfeit products, serving security printers and authentication buyers. Green Products covers sustainable packaging films, which grew 52% year-on-year in FY26 driven by demand for eco-friendly packaging. Two Indian patents were granted in 2026 — one for a graphene-based security thread (Patent No. 593008) and one for a color shift base film (Patent No. 589622). Materials at 30.6% of revenue are the biggest input cost, followed by other operating expenses at 13.8% and employees at 8.5%. The EBITDA margin stood at 36.5% and the board declared Rs 5 per share as dividend. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Hightech Products (82%), Green Products (18%). Capital-light specialty films maker with two segments (security/anti-counterfeit and sustainable packaging)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 34 | 109 | 149 | 243 | 201 |
| EBITDA (ex other income) | (7) | 24 | 46 | 88 | 65 |
| margin % | (21.8) | 21.6 | 31.2 | 36.3 | 32.2 |
| Owners' profit | (9) | 12 | 30 | 63 | 47 |
| EPS, as reported (₹) | (6.62) | 8.52 | 19.56 | 41.83 | 31.38 |
| ROE % · ROCE % | (12.1) · (12.9) | 12.2 · 18.3 | 22.8 · 31.3 | 33.2 · 45.1 | 20.1 · 27.4 |
| Debt / equity (x) | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 3 | 9 | 51 | 119 | 43 |
| Capex | (9) | (4) | (10) | (7) | (4) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 65 | 55 | 57 | 42 | 61 | 56 | 42 | 88 |
| Profit before tax | 26 | 18 | 16 | 14 | 21 | 19 | 11 | 36 |
| Net profit | 19 | 13 | 11 | 11 | 16 | 13 | 7 | 27 |
| EPS (₹) | 12.37 | 8.52 | 7.58 | 7.21 | 10.42 | 8.81 | 4.90 | 18.15 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Green Products | 37 | 18.4 |
| Hightech Products | 164 | 81.6 |
| Total, before eliminations | 201 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| EPL LIMITED | 7,674 | 15.7 | 2.68 | 8.3 | 13.7 | 13.6 | 9.0 | 19.1 |
| AGI GREENPAC LIMITED | 4,943 | 13.7 | 2.05 | 7.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 28 Aug 2026 · Arrow Greentech schedules one-on-one investor meeting | board shareholder meetings | low | — | — |
| 28 Aug 2026 · Intimation of Analyst/Investor Meet on September 2, 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Arrow Greentech publishes newspaper ad for 34th AGM notice and E-voting details | compliance | minimal | — | — |
| 26 Aug 2026 · Annual Report FY26 filed; AGM on Sept 18; Rs 5 dividend recommended | compliance | minimal | — | — |
| 26 Aug 2026 · Record date set for 34th AGM and final dividend for FY26 | corporate actions | medium | — | — |
| 26 Aug 2026 · Arrow Greentech 34th AGM notice for Sept 18, 2026 - dividend, auditor change, MD pay revision | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Arrow Greentech Q1 FY27: Revenue up 110% QoQ, EBITDA jumps 246% | investor communications | medium | — | — |
| 17 Aug 2026 · Arrow Greentech Q1 FY27 results published in newspapers | compliance | minimal | — | — |
| 13 Aug 2026 · Press Release on Financial Results Submitted to Exchange | compliance | minimal | — | — |
| 13 Aug 2026 · Q1 FY27 results: PAT nearly triples YoY, new auditor appointed | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 14.6 |
| 16.5 |
| — |
| 23.4 |
| UFLEX LIMITED | 4,730 | 6.9 | 0.58 | 6.9 | 3.9 | 2.7 | 11.6 | 17.1 |
| POLYPLEX CORPORATION LTD | 3,541 | 22.8 | 0.50 | 9.5 | 0.6 | 0.3 | 7.6 | 14.3 |
| TCPL PACKAGING LIMITED | 3,515 | 30.4 | 4.89 | 13.4 | 13.6 | 13.0 | 15.4 | 17.8 |
| XPRO INDIA LIMITED | 3,028 | 91.7 | 3.79 | 64.6 | 2.4 | 2.8 | 6.2 | 11.4 |
| JINDAL POLY FILMS LIMITED | 2,936 | 143.6 | 0.72 | 10.0 | 0.6 | 0.8 | 8.5 | 23.0 |
| COSMO FIRST LIMITED | 2,294 | 13.6 | 1.42 | 8.0 | 9.6 | 6.4 | 9.8 | 12.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 19.0 | 17.6 | 39 of 69 | 44% |
| P/B | 5.1 | 1.4 | 57 of 61 | 7% |
| ROCE | 27.2 | 7.3 | 3 of 71 | 97% |
| ROE | 20.1 | 6.8 | 4 of 66 | 95% |
| Debt / Equity | 0.0 | 0.3 | 6 of 66 | 88% |
| EBITDA margin | 43.2 | 12.1 | 5 of 62 | 93% |
| Revenue growth | 111.2 | 14.0 | 3 of 61 | 97% |
| Profit growth | 151.2 | 23.4 | 14 of 60 | 78% |
| Market cap | 1215 | 131 | 11 of 73 | 86% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
