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Arrow Greentech Limited (IN:ARROWGREEN)
:ARROWGREEN
India Market
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Arrow Greentech Limited (ARROWGREEN) AI Stock Analysis

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IN:ARROWGREEN

Arrow Greentech Limited

(ARROWGREEN)

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Outperform 81 (OpenAI - 5.2)
Rating:81Outperform
Price Target:
₹767.00
▲(51.54% Upside)
Action:Reiterated
Date:06/10/26
The score is led by strong financial performance—high margins, sustained profitability after a prior-loss period, and an exceptionally low-debt balance sheet. Technicals also support the rating, with price above key moving averages and positive momentum. Valuation is supportive but not a major tailwind, given a mid-range P/E and low dividend yield.
Positive Factors
Sustained profitability and high margins
The company restored and sustained profitability after a prior loss year, delivering mid‑20% net margins by FY2026. Durable margins indicate pricing power and cost control in specialty polymers, supporting cash flow generation and resilience across normal demand cycles.
Negative Factors
Revenue decline in FY2026
Revenue fell materially in FY2026 after growth in prior years, reflecting demand volatility or tougher comparisons. For a specialty-materials maker, uneven top-line trends raise concern about the sustainability of production volumes and pricing leverage over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained profitability and high margins
The company restored and sustained profitability after a prior loss year, delivering mid‑20% net margins by FY2026. Durable margins indicate pricing power and cost control in specialty polymers, supporting cash flow generation and resilience across normal demand cycles.
Read all positive factors

Arrow Greentech Limited (ARROWGREEN) vs. iShares MSCI India ETF (INDA)

Arrow Greentech Limited Business Overview & Revenue Model

Company Description
Arrow Greentech Limited, along with its subsidiaries, operates globally as a manufacturer, supplier, and exporter of specialized cast water-soluble films and security films. Their broad range of water-soluble films finds applications in packaging ...
How the Company Makes Money
Arrow Greentech makes money primarily by manufacturing and selling specialty polymer-based products and related formulations. Its core revenue stream is the sale of water-soluble polymer products (including water-soluble films and allied materials...

Arrow Greentech Limited Financial Statement Overview

Summary
Strong overall financial profile driven by high profitability and a clear turnaround from FY2022 losses to sustained profits through FY2026. The balance sheet is exceptionally conservative with minimal leverage, supporting financial resilience. Offsetting this, FY2026 revenue declined and historical free-cash-flow has been volatile (including earlier negative periods), indicating results can fluctuate.
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
74
Positive
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue2.01B2.43B1.49B1.09B335.60M
Gross Profit845.40M1.31B883.70M544.80M137.20M
EBITDA731.10M936.10M488.10M254.60M-54.88M
Net Income473.50M631.30M295.10M122.80M-93.27M
Balance Sheet
Total Assets2.56B2.08B1.45B1.21B886.53M
Cash, Cash Equivalents and Short-Term Investments1.29B911.70M209.40M254.40M103.97M
Total Debt22.60M6.70M12.40M34.50M47.27M
Total Liabilities196.00M183.70M165.90M211.80M118.58M
Stockholders Equity2.34B1.88B1.27B982.00M746.92M
Cash Flow
Free Cash Flow418.40M607.80M79.40M-10.00M-62.91M
Operating Cash Flow459.70M675.70M183.80M29.80M24.02M
Investing Cash Flow-289.10M-545.80M-129.90M-141.40M-22.47M
Financing Cash Flow-69.50M-39.20M-42.80M84.00M-16.19M

Arrow Greentech Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price506.15
Price Trends
50DMA
577.87
Positive
100DMA
520.31
Positive
200DMA
521.28
Positive
Market Momentum
MACD
31.68
Negative
RSI
58.72
Neutral
STOCH
66.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ARROWGREEN, the sentiment is Positive. The current price of 506.15 is below the 20-day moving average (MA) of 641.47, below the 50-day MA of 577.87, and below the 200-day MA of 521.28, indicating a bullish trend. The MACD of 31.68 indicates Negative momentum. The RSI at 58.72 is Neutral, neither overbought nor oversold. The STOCH value of 66.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ARROWGREEN.

Arrow Greentech Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
₹10.01B21.290.78%-17.60%-24.98%
80
Outperform
₹45.00B17.730.95%5.40%9.06%
68
Neutral
₹23.12B32.010.67%13.48%20.34%
65
Neutral
₹29.32B29.251.00%2.26%-31.65%
57
Neutral
₹28.94B-11.561.18%-34.19%-193.48%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹31.72B9.960.62%2.42%122.81%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:ARROWGREEN
Arrow Greentech Limited
677.35
0.67
0.10%
IN:AGI
AGI Greenpac Limited
694.45
-146.99
-17.47%
IN:JINDALPOLY
Jindal Poly Films Limited
664.25
53.86
8.82%
IN:MOLDTKPAC
Mold Tek Packaging Ltd
701.80
-12.30
-1.72%
IN:TCPLPACK
TCPL Packaging Limited
3,163.35
-528.09
-14.31%
IN:UFLEX
UFlex Limited
437.05
-160.40
-26.85%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 10, 2026