Arrow Greentech Limited (ARROWGREEN.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+55.9%

₹1,125.02

vs ₹721.55 price

Levered DCF

₹2,775.61

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	14.63×	13×	20.5×	30.35×	-15.81×	14.82×	-3.99×	-5.93×
P/B	2.95×	4.36×	4.77×	3.8×	1.97×	1.12×	0.52×	1.27×
P/S	3.45×	3.37×	4.07×	3.43×	4.39×	1.82×	1.78×	2.88×
EV / EBITDA	8.78×	8.28×	12.26×	14.5×	-25.94×	8.15×	-5.75×	-6.09×
Gross margin	42.2%	54.0%	59.5%	50.1%	40.9%	42.7%	34.2%	17.5%
Operating margin	28.3%	33.3%	26.2%	17.7%	-31.2%	10.7%	-47.6%	-52.7%
Net margin	23.6%	25.9%	19.9%	11.3%	-27.8%	12.3%	-44.8%	-48.7%
Current ratio	13.71×	10.33×	5.97×	4.58×	4.7×	5.15×	3.55×	5.5×
Debt / equity	0.01×	0×	0.01×	0.04×	0.06×	0.06×	0.08×	0×
Interest coverage	149.5×	385.48×	63.89×	17.05×	-12.89×	6.86×	-16.05×	-212×
Dividend yield	0.9%	0.4%	0.3%	0.0%	0.1%	0.0%	1.5%	2.6%
Payout ratio	12.8%	5.0%	5.5%	0.5%	-2.1%	0.0%	-5.9%	-15.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	20.2%	33.5%	23.3%	12.5%	-12.5%	7.6%	-13.1%	-21.4%
Return on invested capital	17.1%	30.6%	21.3%	12.3%	-10.8%	6.1%	-12.3%	-22.3%
Return on assets	18.5%	30.3%	20.3%	10.1%	-10.5%	6.5%	-10.9%	-19.3%
Free cash flow yield	6.0%	7.4%	1.3%	-0.3%	-4.3%	-4.3%	-38.6%	-23.1%
Earnings yield	6.8%	7.7%	4.9%	3.3%	-6.3%	6.7%	-25.1%	-16.9%
Enterprise value	₹6.4B	₹7.8B	₹6B	₹3.7B	₹1.4B	₹889.8M	₹365.1M	₹812.3M
Net debt / EBITDA	-0.69×	-0.48×	-0.13×	-0.14×	0.93×	-0.55×	0.51×	1.32×
Cash conversion cycle (days)	124	81	185	142	75	93	102	127