Aro Granite Industries Ltd.
•₹ 250.81%
2026-08-21
PROS
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Company has a low return on equity of -3.1% over last 3 years
- Company has a low return on capital employed of 2.6%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -5.01x)
- Interest coverage is weak at 0.2x - earnings barely cover interest
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | KAJARIACER | 1212.40 | 34.90 | 19052.02 | 1.15 | 171.03 | 55.04 | 1328.08 | 20.43 | 17.67 | 19.69 |
| 2. | CERA | 5691.75 | 29.84 | 7340.96 | 1.32 | 47.05 | -0.86 | 422.19 | 5.36 | 19.41 | 13.05 |
| 3. | MIDWESTLTD | 1153.65 | 37.57 | 4171.69 | 0.00 | 310.39 | 1173.13 | 1918.39 | 1248.46 | 27.81 | 25.47 |
| 4. | POKARNA | 902.10 | 29.47 | 2796.87 | 0.07 | 42.60 | 50.56 | 189.42 | 10.79 | 11.85 | 35.89 |
| 5. | NITCO | 89.90 | 0.00 | 2270.66 | 0.00 | -10.33 | -121.77 | 116.02 | -22.48 | -135.35 | -7.07 |
| 6. | SOMANYCERA | 509.60 | 19.65 | 2090.01 | 1.18 | 34.23 | 365.71 | 749.56 | 24.62 | 14.43 | 11.50 |
| 7. | ASIANTILES | 46.01 | 108.24 | 1364.08 | 0.00 | 8.07 | 11.48 | 530.95 | 36.76 | 2.97 | 6.19 |
| 8. | ORIENTBELL | 346.15 | 24.12 | 509.38 | 0.29 | 8.32 | 2318.40 | 203.82 | 43.44 | 5.56 | 8.02 |
| 9. | EXXARO | 6.20 | 67.74 | 277.39 | 0.00 | 2.07 | 156.24 | 85.22 | 31.25 | 3.69 | 8.18 |
| 10. | MURUDCERA | 30.52 | 19.09 | 184.78 | 0.00 | 0.81 | -58.06 | 50.09 | 8.54 | 5.23 | 19.10 |
| 11. | GSLSU | 36.77 | 0.00 | 155.84 | 0.00 | 0.06 | 111.19 | 65.42 | -12.19 | -2.15 | 12.74 |
| 12. | AROGRANITE | 24.06 | 0.00 | 36.81 | 0.00 | -7.46 | -12525.00 | 20.62 | -23.73 | 1.04 | -12.93 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | 37 | 33 | 33 | 38 | 29 | 30 | 27 | 27 | 20 | 15 | 12 | 21 | |
| 43 | 32 | 27 | 25 | 32 | 29 | 30 | 26 | 21 | 20 | 16 | 14 | 29 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 0 | 0 | 1 | -2 | 5 | 5 | 0 | 4 | 5 | 2 | 1 |
| Interest | 4 | 4 | 4 | 5 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 2 | 0 | 0 | 0 | 0 | -7 | 0 | 0 | 0 | -2 | -3 | -6 | -7 | |
| Tax % | 41.07% | 11.36% | 77.14% | 5.26% | -406.67% | 3.61% | 102.70% | 77.78% | 40.00% | -3.32% | -1.71% | -0.31% | 0.21% |
| Net Profit | 1 | 0 | 0 | 0 | 1 | -7 | 0 | 0 | 0 | -2 | -3 | -6 | -7 |
| 1 | 0 | 0 | 0 | 1 | -5 | 0 | 0 | 0 | -2 | -2 | -4 | -0 | |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 51
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 3
- 2
- Tax %
- 41.07%
- Net Profit
- 1
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 37
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 3
- 0
- Tax %
- 11.36%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 33
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 3
- 0
- Tax %
- 77.14%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 33
- 25
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 3
- 0
- Tax %
- 5.26%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 38
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 3
- 0
- Tax %
- -406.67%
- Net Profit
- 1
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 29
- 29
- Operating Profit
- —
- OPM %
- —
- Other Income
- -2
- Interest
- 3
- Depreciation
- 2
- -7
- Tax %
- 3.61%
- Net Profit
- -7
- -5
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 30
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 2
- 0
- Tax %
- 102.70%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 27
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 3
- Depreciation
- 2
- 0
- Tax %
- 77.78%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 27
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 2
- 0
- Tax %
- 40.00%
- Net Profit
- 0
- 0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 20
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 2
- -2
- Tax %
- -3.32%
- Net Profit
- -2
- -2
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 15
- 16
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 2
- -3
- Tax %
- -1.71%
- Net Profit
- -3
- -2
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 12
- 14
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 2
- -6
- Tax %
- -0.31%
- Net Profit
- -6
- -4
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 21
- 29
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 2
- -7
- Tax %
- 0.21%
- Net Profit
- -7
- -0
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 239 | 201 | 172 | 178 | 179 | 225 | 164 | 155 | 123 | 74 | 67 | |
| 211 | 188 | 149 | 159 | 156 | 195 | 145 | 124 | 117 | 72 | 79 | |
| Operating Profit | 31 | 14 | 26 | 22 | 24 | 31 | 20 | 31 | 16 | 13 | — |
| OPM % | 13 | 7 | 15 | 12 | 14 | 14 | 12 | 20 | 13 | 18 | — |
| Other Income | 3 | 1 | 2 | 3 | 1 | 1 | 1 | 0 | 10 | 12 | 12 |
| Interest | 5 | 4 | 5 | 6 | 5 | 8 | 13 | 16 | 13 | 15 | 15 |
| Depreciation | 9 | 9 | 8 | 11 | 11 | 13 | 13 | 12 | 10 | 10 | 10 |
| 16 | 1 | 13 | 5 | 8 | 11 | -6 | 3 | -7 | -12 | -19 | |
| Tax % | 23 | 9 | 22 | 30 | 24 | 17 | 2 | 61 | 6 | -2 | -1 |
| Net Profit | 13 | 1 | 10 | 4 | 6 | 9 | -6 | 1 | -6 | -12 | -19 |
| EPS | 0 | 0 | 0 | 2 | 4 | 6 | -4 | 1 | -4 | -8 | — |
| Dividend Payout % | 12 | 0 | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 1 | 6 | 2 | 4 | 6 | -4 | 1 | -4 | -8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 8 | 1 | 6 | 2 | 4 | 6 | -4 | 1 | -4 | -8 | — |
Mar 2017
- 239
- 211
- Operating Profit
- 31
- OPM %
- 13
- Other Income
- 3
- Interest
- 5
- Depreciation
- 9
- 16
- Tax %
- 23
- Net Profit
- 13
- EPS
- 0
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2018
- 201
- 188
- Operating Profit
- 14
- OPM %
- 7
- Other Income
- 1
- Interest
- 4
- Depreciation
- 9
- 1
- Tax %
- 9
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 172
- 149
- Operating Profit
- 26
- OPM %
- 15
- Other Income
- 2
- Interest
- 5
- Depreciation
- 8
- 13
- Tax %
- 22
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2020
- 178
- 159
- Operating Profit
- 22
- OPM %
- 12
- Other Income
- 3
- Interest
- 6
- Depreciation
- 11
- 5
- Tax %
- 30
- Net Profit
- 4
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 179
- 156
- Operating Profit
- 24
- OPM %
- 14
- Other Income
- 1
- Interest
- 5
- Depreciation
- 11
- 8
- Tax %
- 24
- Net Profit
- 6
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 225
- 195
- Operating Profit
- 31
- OPM %
- 14
- Other Income
- 1
- Interest
- 8
- Depreciation
- 13
- 11
- Tax %
- 17
- Net Profit
- 9
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2023
- 164
- 145
- Operating Profit
- 20
- OPM %
- 12
- Other Income
- 1
- Interest
- 13
- Depreciation
- 13
- -6
- Tax %
- 2
- Net Profit
- -6
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2024
- 155
- 124
- Operating Profit
- 31
- OPM %
- 20
- Other Income
- 0
- Interest
- 16
- Depreciation
- 12
- 3
- Tax %
- 61
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 123
- 117
- Operating Profit
- 16
- OPM %
- 13
- Other Income
- 10
- Interest
- 13
- Depreciation
- 10
- -7
- Tax %
- 6
- Net Profit
- -6
- EPS
- -4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2026
- 74
- 72
- Operating Profit
- 13
- OPM %
- 18
- Other Income
- 12
- Interest
- 15
- Depreciation
- 10
- -12
- Tax %
- -2
- Net Profit
- -12
- EPS
- -8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -8
TTM
- 67
- 79
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 15
- Depreciation
- 10
- -19
- Tax %
- -1
- Net Profit
- -19
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -10%
- 5 Years:
- -16%
- 3 Years:
- -23%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -10%
- 5 Years:
- -19%
- 3 Years:
- -19%
- 1 Year:
- -31%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- -2%
- 3 Years:
- -3%
- Last Year:
- -7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| 154 | 155 | 165 | 166 | 172 | 181 | 175 | 177 | 171 | 159 | |
| 91 | 85 | 115 | 131 | 127 | 134 | 145 | 129 | 118 | 110 | |
| Trade Payables | 16 | 23 | 15 | 28 | 28 | 33 | 36 | 40 | 49 | 45 |
| 32 | 25 | 33 | 55 | 64 | 88 | 79 | 84 | 67 | 65 | |
| Total Liabilities | 308 | 304 | 343 | 395 | 405 | 451 | 450 | 445 | 420 | 394 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 91 | 90 | 90 | 139 | 174 | 163 | 160 | 149 | 139 | 128 | |
| Capital Work in Progress | 2 | 6 | 23 | 42 | 1 | 8 | 1 | 1 | 1 | 1 |
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| 112 | 108 | 118 | 129 | 139 | 177 | 199 | 213 | 214 | 213 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 35 | 23 | |
| Cash & Bank | 11 | 11 | 14 | 11 | 10 | 10 | 6 | 9 | 8 | 13 |
| 92 | 88 | 98 | 74 | 80 | 93 | 83 | 22 | 21 | 17 | |
| Total Assets | 308 | 304 | 343 | 395 | 405 | 451 | 450 | 445 | 420 | 394 |
| Total Debt | 102 | 93 | 129 | 159 | 168 | 199 | 205 | 189 | 160 | 152 |
| Net Working Capital | 94 | 87 | 69 | 44 | 66 | 103 | 100 | 102 | 87 | 84 |
| Contingent Liabilities | 0 | 0 | 28 | 19 | 6 | 3 | 19 | 16 | 10 | 7 |
| Book Value per Share | 110.77 | 111.50 | 117.79 | 118.62 | 122.64 | 128.38 | 124.58 | 125.51 | 121.48 | 113.69 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 102 | 93 | 129 | 159 | 168 | 199 | 205 | 189 | 160 | 152 |
| Net Working Capital | 94 | 87 | 69 | 44 | 66 | 103 | 100 | 102 | 87 | 84 |
| Contingent Liabilities | 0 | 0 | 28 | 19 | 6 | 3 | 19 | 16 | 10 | 7 |
| Book Value per Share | 110.77 | 111.50 | 117.79 | 118.62 | 122.64 | 128.38 | 124.58 | 125.51 | 121.48 | 113.69 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 15
- 154
- 91
- Trade Payables
- 16
- 32
- Total Liabilities
- 308
- 91
- Capital Work in Progress
- 2
- 0
- 112
- 0
- Cash & Bank
- 11
- 92
- Total Assets
- 308
- Total Debt
- 102
- Net Working Capital
- 94
- Contingent Liabilities
- 0
- Book Value per Share
- 110.77
- Face Value
- 10.00
- Total Debt
- 102
- Net Working Capital
- 94
- Contingent Liabilities
- 0
- Book Value per Share
- 110.77
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 15
- 155
- 85
- Trade Payables
- 23
- 25
- Total Liabilities
- 304
- 90
- Capital Work in Progress
- 6
- 1
- 108
- 0
- Cash & Bank
- 11
- 88
- Total Assets
- 304
- Total Debt
- 93
- Net Working Capital
- 87
- Contingent Liabilities
- 0
- Book Value per Share
- 111.50
- Face Value
- 10.00
- Total Debt
- 93
- Net Working Capital
- 87
- Contingent Liabilities
- 0
- Book Value per Share
- 111.50
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 15
- 165
- 115
- Trade Payables
- 15
- 33
- Total Liabilities
- 343
- 90
- Capital Work in Progress
- 23
- 1
- 118
- 0
- Cash & Bank
- 14
- 98
- Total Assets
- 343
- Total Debt
- 129
- Net Working Capital
- 69
- Contingent Liabilities
- 28
- Book Value per Share
- 117.79
- Face Value
- 10.00
- Total Debt
- 129
- Net Working Capital
- 69
- Contingent Liabilities
- 28
- Book Value per Share
- 117.79
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 15
- 166
- 131
- Trade Payables
- 28
- 55
- Total Liabilities
- 395
- 139
- Capital Work in Progress
- 42
- 1
- 129
- 0
- Cash & Bank
- 11
- 74
- Total Assets
- 395
- Total Debt
- 159
- Net Working Capital
- 44
- Contingent Liabilities
- 19
- Book Value per Share
- 118.62
- Face Value
- 10.00
- Total Debt
- 159
- Net Working Capital
- 44
- Contingent Liabilities
- 19
- Book Value per Share
- 118.62
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 15
- 172
- 127
- Trade Payables
- 28
- 64
- Total Liabilities
- 405
- 174
- Capital Work in Progress
- 1
- 1
- 139
- 0
- Cash & Bank
- 10
- 80
- Total Assets
- 405
- Total Debt
- 168
- Net Working Capital
- 66
- Contingent Liabilities
- 6
- Book Value per Share
- 122.64
- Face Value
- 10.00
- Total Debt
- 168
- Net Working Capital
- 66
- Contingent Liabilities
- 6
- Book Value per Share
- 122.64
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 15
- 181
- 134
- Trade Payables
- 33
- 88
- Total Liabilities
- 451
- 163
- Capital Work in Progress
- 8
- 1
- 177
- 0
- Cash & Bank
- 10
- 93
- Total Assets
- 451
- Total Debt
- 199
- Net Working Capital
- 103
- Contingent Liabilities
- 3
- Book Value per Share
- 128.38
- Face Value
- 10.00
- Total Debt
- 199
- Net Working Capital
- 103
- Contingent Liabilities
- 3
- Book Value per Share
- 128.38
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 15
- 175
- 145
- Trade Payables
- 36
- 79
- Total Liabilities
- 450
- 160
- Capital Work in Progress
- 1
- 1
- 199
- 0
- Cash & Bank
- 6
- 83
- Total Assets
- 450
- Total Debt
- 205
- Net Working Capital
- 100
- Contingent Liabilities
- 19
- Book Value per Share
- 124.58
- Face Value
- 10.00
- Total Debt
- 205
- Net Working Capital
- 100
- Contingent Liabilities
- 19
- Book Value per Share
- 124.58
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 15
- 177
- 129
- Trade Payables
- 40
- 84
- Total Liabilities
- 445
- 149
- Capital Work in Progress
- 1
- 1
- 213
- 50
- Cash & Bank
- 9
- 22
- Total Assets
- 445
- Total Debt
- 189
- Net Working Capital
- 102
- Contingent Liabilities
- 16
- Book Value per Share
- 125.51
- Face Value
- 10.00
- Total Debt
- 189
- Net Working Capital
- 102
- Contingent Liabilities
- 16
- Book Value per Share
- 125.51
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 15
- 171
- 118
- Trade Payables
- 49
- 67
- Total Liabilities
- 420
- 139
- Capital Work in Progress
- 1
- 1
- 214
- 35
- Cash & Bank
- 8
- 21
- Total Assets
- 420
- Total Debt
- 160
- Net Working Capital
- 87
- Contingent Liabilities
- 10
- Book Value per Share
- 121.48
- Face Value
- 10.00
- Total Debt
- 160
- Net Working Capital
- 87
- Contingent Liabilities
- 10
- Book Value per Share
- 121.48
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 15
- 159
- 110
- Trade Payables
- 45
- 65
- Total Liabilities
- 394
- 128
- Capital Work in Progress
- 1
- 0
- 213
- 23
- Cash & Bank
- 13
- 17
- Total Assets
- 394
- Total Debt
- 152
- Net Working Capital
- 84
- Contingent Liabilities
- 7
- Book Value per Share
- 113.69
- Face Value
- 10.00
- Total Debt
- 152
- Net Working Capital
- 84
- Contingent Liabilities
- 7
- Book Value per Share
- 113.69
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 22 | -3 | 63 | 1 | -18 | 14 | 35 | 33 | 17 | |
| Cash from Investing | -8 | -8 | -26 | -78 | -4 | -6 | -3 | 0 | 0 | 3 |
| Cash from Financing | -15 | -11 | 32 | 12 | 3 | 24 | -15 | -32 | -34 | -16 |
| -7 | 3 | 2 | -3 | -1 | -0 | -4 | 3 | -0 | 4 | |
| Free Cash Flow | 7 | 11 | -29 | -16 | -5 | -26 | 11 | 35 | 33 | 17 |
| OCF / Net Profit | 1.29 | 18.91 | -0.33 | 17.45 | 0.11 | -2.04 | -2.41 | 26.66 | -5.14 | -1.42 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -31 | -64 | -65 | -1 | 48 | 69 |
| OCF / Net Profit | 1.29 | 18.91 | -0.33 | 17.45 | 0.11 | -2.04 | -2.41 | 26.66 | -5.14 | -1.42 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -31 | -64 | -65 | -1 | 48 | 69 |
Mar 2017
- 16
- Cash from Investing
- -8
- Cash from Financing
- -15
- -7
- Free Cash Flow
- 7
- OCF / Net Profit
- 1.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.29
- Cumulative 5-Year FCF
- 0
Mar 2018
- 22
- Cash from Investing
- -8
- Cash from Financing
- -11
- 3
- Free Cash Flow
- 11
- OCF / Net Profit
- 18.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 18.91
- Cumulative 5-Year FCF
- 0
Mar 2019
- -3
- Cash from Investing
- -26
- Cash from Financing
- 32
- 2
- Free Cash Flow
- -29
- OCF / Net Profit
- -0.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.33
- Cumulative 5-Year FCF
- 0
Mar 2020
- 63
- Cash from Investing
- -78
- Cash from Financing
- 12
- -3
- Free Cash Flow
- -16
- OCF / Net Profit
- 17.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 17.45
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1
- Cash from Investing
- -4
- Cash from Financing
- 3
- -1
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- -31
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- -31
Mar 2022
- -18
- Cash from Investing
- -6
- Cash from Financing
- 24
- -0
- Free Cash Flow
- -26
- OCF / Net Profit
- -2.04
- Cumulative 5-Year FCF
- -64
- OCF / Net Profit
- -2.04
- Cumulative 5-Year FCF
- -64
Mar 2023
- 14
- Cash from Investing
- -3
- Cash from Financing
- -15
- -4
- Free Cash Flow
- 11
- OCF / Net Profit
- -2.41
- Cumulative 5-Year FCF
- -65
- OCF / Net Profit
- -2.41
- Cumulative 5-Year FCF
- -65
Mar 2024
- 35
- Cash from Investing
- 0
- Cash from Financing
- -32
- 3
- Free Cash Flow
- 35
- OCF / Net Profit
- 26.66
- Cumulative 5-Year FCF
- -1
- OCF / Net Profit
- 26.66
- Cumulative 5-Year FCF
- -1
Mar 2025
- 33
- Cash from Investing
- 0
- Cash from Financing
- -34
- -0
- Free Cash Flow
- 33
- OCF / Net Profit
- -5.14
- Cumulative 5-Year FCF
- 48
- OCF / Net Profit
- -5.14
- Cumulative 5-Year FCF
- 48
Mar 2026
- 17
- Cash from Investing
- 3
- Cash from Financing
- -16
- 4
- Free Cash Flow
- 17
- OCF / Net Profit
- -1.42
- Cumulative 5-Year FCF
- 69
- OCF / Net Profit
- -1.42
- Cumulative 5-Year FCF
- 69
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 8.25 | 0.77 | 6.35 | 2.36 | 3.95 | 5.82 | -3.78 | 0.86 | -4.20 | -7.72 |
| Book Value (₹) | 110.77 | 111.50 | 117.79 | 118.62 | 122.64 | 128.38 | 124.58 | 125.51 | 121.48 | 113.69 |
| Dividend per Share (₹) | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 14.20 | 6.42 | 11.75 | 9.24 | 11.19 | 14.15 | 4.54 | 8.52 | 2.30 | -1.30 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.75% | 6.82% | 15.00% | 12.20% | 13.62% | 13.99% | 11.96% | 19.90% | 5.12% | 2.04% |
| Net Margin % | 5.25% | 0.58% | 5.64% | 2.03% | 3.37% | 3.96% | -3.53% | 0.85% | -5.22% | -16.07% |
| ROE % | 7.69% | 0.69% | 5.54% | 1.99% | 3.28% | 4.64% | -2.99% | 0.69% | -3.40% | -6.57% |
| ROCE % | 7.92% | 1.92% | 6.15% | 3.43% | 3.84% | 4.98% | 1.74% | 5.03% | 1.66% | 1.04% |
| 4.09% | 0.38% | 3.00% | 0.98% | 1.51% | 2.08% | -1.28% | 0.29% | -1.49% | -2.90% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 124 | 137 | 135 | 119 | 125 | 111 | 150 | 131 | 125 | 142 |
| Inventory Days | 169 | 199 | 240 | 254 | 273 | 257 | 419 | 486 | 634 | 1059 |
| Payable Days | 56 | 75 | 100 | 121 | 152 | 136 | 224 | 289 | 279 | 586 |
| 237 | 262 | 275 | 252 | 246 | 233 | 345 | 328 | 480 | 616 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.60x | 0.54x | 0.71x | 0.88x | 0.90x | 1.01x | 1.08x | 0.98x | 0.86x | 0.87x |
| Interest Coverage (x) | 4.15x | 1.33x | 3.47x | 1.87x | 2.48x | 2.36x | 0.54x | 1.21x | 0.47x | 0.23x |
| 1.79x | 1.74x | 1.49x | 1.26x | 1.41x | 1.58x | 1.54x | 1.53x | 1.46x | 1.47x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 10.70% | -15.89% | -14.09% | 3.06% | 0.94% | 25.29% | -27.07% | -5.37% | -20.64% | -40.27% |
| Operating Profit Growth % | 45.25% | -55.07% | 87.64% | -16.18% | 12.69% | 28.73% | -37.67% | 59.35% | -48.89% | -16.56% |
| Net Profit Growth % | 115.36% | -90.71% | 728.51% | -62.90% | 67.71% | 47.25% | -164.99% | 122.70% | -588.80% | -83.99% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 122.70% | -588.80% | -83.99% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 51.76x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.35x | 0.30x | 0.17x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.94x | 12.99x | 12.62x |
Mar 2017
- EPS (₹)
- 8.25
- Book Value (₹)
- 110.77
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 14.20
- Operating Margin %
- 12.75%
- Net Margin %
- 5.25%
- ROE %
- 7.69%
- ROCE %
- 7.92%
- 4.09%
- Debtor Days
- 124
- Inventory Days
- 169
- Payable Days
- 56
- 237
- Debt to Equity (x)
- 0.60x
- Interest Coverage (x)
- 4.15x
- 1.79x
- Revenue Growth %
- 10.70%
- Operating Profit Growth %
- 45.25%
- Net Profit Growth %
- 115.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.77
- Book Value (₹)
- 111.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.42
- Operating Margin %
- 6.82%
- Net Margin %
- 0.58%
- ROE %
- 0.69%
- ROCE %
- 1.92%
- 0.38%
- Debtor Days
- 137
- Inventory Days
- 199
- Payable Days
- 75
- 262
- Debt to Equity (x)
- 0.54x
- Interest Coverage (x)
- 1.33x
- 1.74x
- Revenue Growth %
- -15.89%
- Operating Profit Growth %
- -55.07%
- Net Profit Growth %
- -90.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 6.35
- Book Value (₹)
- 117.79
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 11.75
- Operating Margin %
- 15.00%
- Net Margin %
- 5.64%
- ROE %
- 5.54%
- ROCE %
- 6.15%
- 3.00%
- Debtor Days
- 135
- Inventory Days
- 240
- Payable Days
- 100
- 275
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 3.47x
- 1.49x
- Revenue Growth %
- -14.09%
- Operating Profit Growth %
- 87.64%
- Net Profit Growth %
- 728.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.36
- Book Value (₹)
- 118.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.24
- Operating Margin %
- 12.20%
- Net Margin %
- 2.03%
- ROE %
- 1.99%
- ROCE %
- 3.43%
- 0.98%
- Debtor Days
- 119
- Inventory Days
- 254
- Payable Days
- 121
- 252
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 1.87x
- 1.26x
- Revenue Growth %
- 3.06%
- Operating Profit Growth %
- -16.18%
- Net Profit Growth %
- -62.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.95
- Book Value (₹)
- 122.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.19
- Operating Margin %
- 13.62%
- Net Margin %
- 3.37%
- ROE %
- 3.28%
- ROCE %
- 3.84%
- 1.51%
- Debtor Days
- 125
- Inventory Days
- 273
- Payable Days
- 152
- 246
- Debt to Equity (x)
- 0.90x
- Interest Coverage (x)
- 2.48x
- 1.41x
- Revenue Growth %
- 0.94%
- Operating Profit Growth %
- 12.69%
- Net Profit Growth %
- 67.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 5.82
- Book Value (₹)
- 128.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.15
- Operating Margin %
- 13.99%
- Net Margin %
- 3.96%
- ROE %
- 4.64%
- ROCE %
- 4.98%
- 2.08%
- Debtor Days
- 111
- Inventory Days
- 257
- Payable Days
- 136
- 233
- Debt to Equity (x)
- 1.01x
- Interest Coverage (x)
- 2.36x
- 1.58x
- Revenue Growth %
- 25.29%
- Operating Profit Growth %
- 28.73%
- Net Profit Growth %
- 47.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -3.78
- Book Value (₹)
- 124.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.54
- Operating Margin %
- 11.96%
- Net Margin %
- -3.53%
- ROE %
- -2.99%
- ROCE %
- 1.74%
- -1.28%
- Debtor Days
- 150
- Inventory Days
- 419
- Payable Days
- 224
- 345
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 0.54x
- 1.54x
- Revenue Growth %
- -27.07%
- Operating Profit Growth %
- -37.67%
- Net Profit Growth %
- -164.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.86
- Book Value (₹)
- 125.51
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.52
- Operating Margin %
- 19.90%
- Net Margin %
- 0.85%
- ROE %
- 0.69%
- ROCE %
- 5.03%
- 0.29%
- Debtor Days
- 131
- Inventory Days
- 486
- Payable Days
- 289
- 328
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 1.21x
- 1.53x
- Revenue Growth %
- -5.37%
- Operating Profit Growth %
- 59.35%
- Net Profit Growth %
- 122.70%
- 122.70%
- P/E (x)
- 51.76x
- P/B (x)
- 0.35x
- Dividend Yield %
- 0.00%
- 7.94x
Mar 2025
- EPS (₹)
- -4.20
- Book Value (₹)
- 121.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.30
- Operating Margin %
- 5.12%
- Net Margin %
- -5.22%
- ROE %
- -3.40%
- ROCE %
- 1.66%
- -1.49%
- Debtor Days
- 125
- Inventory Days
- 634
- Payable Days
- 279
- 480
- Debt to Equity (x)
- 0.86x
- Interest Coverage (x)
- 0.47x
- 1.46x
- Revenue Growth %
- -20.64%
- Operating Profit Growth %
- -48.89%
- Net Profit Growth %
- -588.80%
- -588.80%
- P/E (x)
- 0.00x
- P/B (x)
- 0.30x
- Dividend Yield %
- 0.00%
- 12.99x
Mar 2026
- EPS (₹)
- -7.72
- Book Value (₹)
- 113.69
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.30
- Operating Margin %
- 2.04%
- Net Margin %
- -16.07%
- ROE %
- -6.57%
- ROCE %
- 1.04%
- -2.90%
- Debtor Days
- 142
- Inventory Days
- 1059
- Payable Days
- 586
- 616
- Debt to Equity (x)
- 0.87x
- Interest Coverage (x)
- 0.23x
- 1.47x
- Revenue Growth %
- -40.27%
- Operating Profit Growth %
- -16.56%
- Net Profit Growth %
- -83.99%
- -83.99%
- P/E (x)
- 0.00x
- P/B (x)
- 0.17x
- Dividend Yield %
- 0.00%
- 12.62x
Documents
Announcements
- Updates
2026-08-11 - Aro Granite Industries Limited has informed the Exchange regarding 'Letter Sent to Shareholders for Annual Report Web-Link'.
- Copy of Newspaper Publication
2026-08-11 - Aro Granite Industries Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nov 2024
Jun 2023
May 2022