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Arrow Greentech Limited (ARROWGREEN) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹8.9B

AG Arrow Greentech Limited ARROWGREEN · NSE
Price₹784.60
Fair Value₹466.05
Upside-40.6%
Quality62/100
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Mixed Growth
Highly profitable · 23.6% net margin
Low debt · generates free cash flow
0.84% dividend yield
Mixed vs. peers (7/14)
Wide moat 78/100
Evidence: High Range ₹354.63 – ₹760.52 Share as image

Fair value as of: Aug 2, 2026

From 26 valuation models · updated 11 days ago

Share price +12.8% over the past month.

A solid business, but screening 41% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹760.52). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹354.63 to ₹760.52) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹1,078 ₹63.96 Fair Value ₹466.05 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹63.96 – ₹1,078 · fair‑value band ₹354.63 – ₹760.52 · the ₹784.60 price screens above the ₹466.05 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Arrow Greentech Limited (ARROWGREEN) currently trades at ₹784.60, while our model-based Fair Value estimate is ₹466.05, implying the stock looks roughly 40.6% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Arrow Greentech Limited generated revenue of ₹2.0B at a net margin of 23.6%. Revenue declined 27.1% year over year. It earns a return on equity of 22.2%. The balance sheet holds a net cash position of ₹507M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹354.63 (bear case) to ₹760.52 (bull case); at ₹784.60, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 129% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at -41%, ARROWGREEN screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹449.33 ₹779.76 ₹1,426 80
Residual Income ₹203.45 ₹282.36 ₹1,372 76
Rev-Margin DCF ₹267.31 ₹460.79 ₹767.28 74
All 26 models by family
DCF Models
FCF DCF ₹476.19 ₹714.21 ₹1,456 38
Owner Earnings ₹536.94 ₹1,147 ₹2,381 31
5Y Revenue Exit ₹267.31 ₹406.73 ₹686.45 39
5Y EBITDA Exit ₹391.01 ₹662.74 ₹1,181 41
5Y P/E Exit ₹448.06 ₹923.76 ₹1,558 38
10Y Revenue Exit ₹323.62 ₹567.15 ₹737.60 36
10Y EBITDA Exit ₹416.65 ₹816.21 ₹1,546 37
10Y P/E Exit ₹456.86 ₹931.09 ₹1,760 35
Earnings-Based
Graham-Dodd ₹213.40 ₹1,488 ₹2,089 54
Lynch FV ₹512.29 ₹731.84 ₹951.40 50
PEG = 1.0 ₹512.29 ₹731.84 ₹951.40 46
EPV ₹271.56 ₹308.89 ₹341.10 59
Dividend Discount
Gordon GGM ₹35.16 ₹70.06 ₹106.08 70
DDM Multi-Stage ₹35.16 ₹60.54 ₹73.95 61
Multiples
P/E Multiple ₹400.13 ₹533.51 ₹666.88 63
P/S Multiple ₹149.51 ₹199.34 ₹249.18 58
P/B Multiple ₹349.54 ₹466.05 ₹582.56 55
EV/EBIT ₹430.48 ₹562.26 ₹694.05 53
EV/EBITDA ₹356.15 ₹463.15 ₹570.16 54
EV/Revenue ₹174.67 ₹234.47 ₹294.27 43
Asset-Based
NCAV (Graham) ₹77.67 ₹104.08 ₹155.35 50
Growth DCF
Growth DCF ₹449.33 ₹779.76 ₹1,426 80
Rev-Margin DCF ₹267.31 ₹460.79 ₹767.28 74
Economic Profit
Residual Income ₹203.45 ₹282.36 ₹1,372 76
ROIC Compounder ₹335.87 ₹479.23 ₹625.29 72
Growth Earnings
Growth-Adj P/E ₹618.64 ₹883.77 ₹1,149 68

Widest divergence: Growth Earnings (₹883.77) versus Dividend Discount (₹60.54). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹2.0B
Revenue growth (YoY) -27.1%
Net margin 23.6%
Return on equity 22.2%
Free cash flow ₹418M FY2026
P/E ratio 18.7
More key figures
Operating margin 19.9%
EPS (TTM) ₹31.38
Dividend yield 0.8%
EPS growth (YoY) -35.3%
Net cash ₹507M FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 64 · Market factors (momentum, volatility) 65

Profitability 77
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 94
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 66
Distance to the 52-week high (market factor)
Net Issuance 74
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Arrow Greentech Limited, together with its subsidiaries, engages in the manufacture and sale of water-soluble films, bio-compostable products, and other green products in India and internationally. It operates through the Green Products and High-Tech Products segments.

Full company description

Arrow Greentech Limited, together with its subsidiaries, engages in the manufacture and sale of water-soluble films, bio-compostable products, and other green products in India and internationally. It operates through the Green Products and High-Tech Products segments. The company also offers packaging films for agro chemicals, liquid detergents, seed tapes, laundry bags, toilet blocks, and powder detergents. In addition, it provides embroidery films, mold release films, and water transfer printing films for the decoration of a range of products. Furthermore, the company offers plasticizer-free thermoplastic and transparent materials. Additionally, it provides security based and pharmaceutical products, and deals in anti-counterfeit solutions, IPRs, and other high-tech products, as well as intellectual property based products. Arrow Greentech Limited was formerly known as Arrow Coated Products Limited and changed its name to Arrow Greentech Limited in May 2016. The company was incorporated in 1992 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Arrow Greentech Limited reported revenue of ₹2.0B in FY2026 versus ₹336M in FY2022, a compound +56.3%/yr. Reported net income was ₹474M in FY2026.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹2.0B
Latest YoY
−17.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+22.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+30.8%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.7%
Revenue +56.3%/yr
FY22 ₹336M
FY23 ₹1.1B
FY24 ₹1.5B
FY25 ₹2.4B
FY26 ₹2.0B
Net income
FY22 −₹93.3M
FY23 ₹123M
FY24 ₹295M
FY25 ₹631M
FY26 ₹474M
Character of growth · EPS growth decomposed (2015-2026) +3.0 % p.a.
Revenue per share +13.4 pp

of which total revenue +16.3 pp · buybacks/dilution −2.9 pp

EBIT margin −8.9 pp
Tax rate −1.1 pp
Residual (interest, one-offs) −0.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

ARROWGREEN screens 41% overvalued. Compare with Stora Enso Oyj →

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Cite: Fair Value Calculator (2026). "Arrow Greentech Limited Fair Value". https://www.fairvalue-calculator.com/stock/ARROWGREEN

Peer Group

Packaging & Containers · 273 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Top 25%
Fair Value upside −41% · Below median
Return on equity (TTM) 22% · Top 25%
Return on assets 15% · Top 25%
Net margin (TTM) 24% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth -27% · Bottom 25%
Dividend yield (TTM) 0.8% · Below median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 18.7× · Pricier than median
P/B 3.79× · Pricier than 75% of peers
P/S (TTM) 4.43× · Pricier than 75% of peers
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 12.9× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 10
FUTURE 0 · sector 0
PAST 89 · sector 21
HEALTH 100 · sector 92
DIVIDEND 17 · sector 42

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
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Frequently asked questions

Is Arrow Greentech Limited (ARROWGREEN) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹466.05 versus a price of ₹784.60, about −41% (overvalued).
What is the fair value of ARROWGREEN?
Our model-based fair value for Arrow Greentech Limited is ₹466.05 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹784.60.
What is the quality score of ARROWGREEN?
Arrow Greentech Limited has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Arrow Greentech Limited (ARROWGREEN)?
Arrow Greentech Limited reported trailing-twelve-month revenue of about ₹2.0B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ARROWGREEN?
The net profit margin of Arrow Greentech Limited is about 23.6%, meaning it keeps roughly 23.6% of revenue as net income. Based on the latest reported figures.
Does Arrow Greentech Limited pay a dividend?
Arrow Greentech Limited currently shows a dividend yield of about 0.84% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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