Aug 6, 2017

Arrow Greentech: Value and Growth Stock

Arrow Greentech was known as Arrow Coated Products. It was established in 1992.

It is an only water soluble film company in India. It hold many patients in water soluble technology. It earns most of the money from the patent. It earns royalty.

About 81 percent of Arrow Greentech's revenue comes from royalty income, 7 percent from consultancy and 12 percent from the sale of water soluble film based products.

So far the company has monetized 3 out of 32 patents in the form of consultancy fees for the technical know-how, royalty income and sale of related products.

So, based on its patient and earning capacity on that, you know that it is not just another company.

News (Aug 5, 2017): Arrow Greentech announced that the Board of the company at its meeting held on 03 August 2017 has approved the proposal to form a new wholly owned subsidiary company to explore the security paper business inter-alia related to patents owned by the company.

Arrow Greentech is readying its capacity to 3x. It was planned in Sept 2016 but no news about completion has come.

CMP: Rs 569
PE: 20.14