---
title: "AAR Commercial Company Ltd (1273235) — Share Price, Financials & Analysis"
symbol: "1273235"
company: "AAR Commercial Company Ltd"
canonical: "https://tapetide.com/stocks/1273235"
sector: "Consumer Discretionary"
industry: "Retailing"
generated_at: "2026-09-13T18:27:00.325Z"
---

# AAR Commercial Company Ltd (1273235)

Canonical page: https://tapetide.com/stocks/1273235

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Retailing
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** aarccl.in

## About

AAR Commercial Company domiciled in India and primarily engaged in Investment activities.(Source : 202103 Annual Report Page No:66)

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.04 times its book value
- Market value of investments Rs.182 Cr. is more than the Market Cap Rs.6.03 Cr.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 0.10% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 17% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.03 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.07 | 0.07 | 0.06 | 0.03 | 0.1 | 0.07 | 0.05 | 0.02 | 0.05 | 0.07 | 0.04 | 0.03 |
| Operating Profit | -0.07 | -0.04 | -0.06 | -0.03 | -0.1 | -0.07 | -0.04 | -0.02 | -0.05 | -0.07 | -0.04 | -0.03 |
| OPM % | — | -133.33 | — | — | — | — | -400 | — | — | — | — | — |
| Other Income | 0.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.22 | -0.04 | -0.06 | -0.03 | -0.1 | -0.07 | -0.04 | -0.02 | -0.05 | -0.07 | -0.04 | -0.03 |
| Tax % | 59.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.09 | -0.04 | -0.06 | -0.03 | -0.1 | -0.07 | -0.04 | -0.02 | -0.05 | -0.07 | -0.04 | -0.03 |
| EPS in Rs | 0.09 | -0.04 | -0.06 | -0.03 | -0.1 | -0.07 | -0.04 | -0.02 | -0.05 | -0.07 | -0.04 | -0.03 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 2.7 | 3.26 | 1.65 | 0.69 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.14 | 2.67 | 3.34 | 1.83 | 0.76 | 0.11 | 0.26 | 0.26 | 0.2 | 0.19 |
| Operating Profit | -0.14 | 0.03 | -0.08 | -0.18 | -0.07 | -0.11 | -0.26 | -0.26 | -0.2 | -0.19 |
| OPM % | — | 1.11 | -2.45 | -10.91 | -10.14 | — | — | -766.67 | -1900 | — |
| Other Income | 0.09 | 0.18 | 0.56 | 0.36 | 0.35 | 0.29 | 1.27 | 0.03 | 0.01 | 0 |
| Interest | 0 | 0.03 | 0.26 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.05 | 0.18 | 0.22 | 0.13 | 0.28 | 0.18 | 1.01 | -0.23 | -0.19 | -0.19 |
| Tax % | 0 | 5.56 | 9.09 | 0 | 0 | 5.56 | 19.8 | 0 | 0 | — |
| Net Profit | -0.05 | 0.17 | 0.21 | 0.13 | 0.28 | 0.17 | 0.81 | -0.23 | -0.19 | -0.19 |
| EPS in Rs | -0.05 | 0.17 | 0.21 | 0.13 | 0.28 | 0.17 | 0.81 | -0.23 | -0.19 | -0.19 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 |
| Reserves | 38.01 | 38.18 | 38.39 | 38.51 | 109.5 | 103.65 | 136.12 | 95.02 | 160.04 | 159.94 |
| Borrowings | 0 | 2.65 | 1.97 | 0 | 0.77 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.72 | 2.01 | 4.14 | 2.87 | 31.83 | 9.52 | 20.65 | 6.28 | 28.28 | 28.26 |
| Total Liabilities | 49.74 | 52.85 | 54.51 | 51.39 | 152.11 | 123.18 | 166.78 | 111.31 | 198.33 | 198.21 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 39.01 | 48.71 | 32.72 | 26.22 | 151.05 | 122.12 | 149.74 | 94.52 | 181.83 | 181.83 |
| Other Assets | 10.73 | 4.14 | 21.79 | 25.17 | 1.06 | 1.06 | 17.04 | 16.79 | 16.5 | 16.38 |
| Total Assets | 49.74 | 52.85 | 54.51 | 51.39 | 152.11 | 123.18 | 166.78 | 111.31 | 198.33 | 198.21 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 0 | 0 | 1.08 | -0.9 | 22.15 | -22.96 | 10.89 | -30.88 | 21.91 |
| Cash from Investing Activity | — | 0 | 0 | -0.37 | 2.94 | -22.16 | -9.81 | 5.45 | 14.38 | -21.96 |
| Cash from Financing Activity | — | 0 | 0 | -0.68 | -1.97 | 0 | 32.97 | 0 | 0 | 0 |
| Net Cash Flow | — | 0 | 0 | 0.02 | 0.07 | -0.01 | 0.2 | 16.33 | -16.49 | -0.05 |
| Free Cash Flow | — | 0 | 0 | 1.08 | -0.9 | 22.15 | -22.96 | 10.89 | -30.88 | 21.91 |
| CFO/OP | — | 0 | 0 | -1375 | 500 | -31643 | 20873 | -4188 | 11877 | -10955 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 225.76 | 325.81 | 504.36 | 116.38 | — | — | — | — |
| Inventory Days | 47085 | — | 76.4 | 0 | 0 | 0 | — | — | — | — |
| Days Payable | 0 | — | 281.53 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | — | — | 20.62 | 325.81 | 504.36 | 116.38 | — | — | — | — |
| Working Capital Days | — | — | -95.98 | -250.8 | 4899.85 | -89.93 | — | — | — | — |
| ROCE % | -0.66 | -0.1 | 0.42 | 0.95 | 0.36 | 0.33 | 0.15 | 0.78 | -0.18 | -0.14 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- |
| Public | 100% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 473 | 481 | 488 | 486 | 486 | 484 |

### Quarterly

| Category | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Public | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 487 | 487 | 487 | 486 | 486 | 489 | 489 | 486 | 485 | 484 | 484 | 484 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 10 / 2

### Moving Averages — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 28.19 | Buy |
| EMA (10) | 29.16 | Buy |
| SMA (20) | 28.4 | Buy |
| EMA (20) | 29.54 | Buy |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.5 | Neutral |
| MACD (12,26,9) | -1.62 | Buy |
| Stochastic (14,3,3) | 79.41 | Neutral |
| ADX (14) | 43.35 | Buy |
| Williams %R (14) | -17.83 | Sell |
| ATR (14) | 1.79 | High Volatility |
| ROC (12) | 9.82 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 61.31 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//69596539632.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport//66081539632.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport//5396320319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5396320318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5396320317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5396320316.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:27:00.325Z.