Aritas Vinyl
Aritas Vinyl
Consumer DurablesKey Fundamentals
SMELeather & Leather ProductsConsumer DurablesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.46 times its book value
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.0%
- Working capital days have increased from 103 days to 155 days
Growth Rate
Quarterly Results
| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 48 | 50 | 49 | 52 |
| Expenses | 43 | 46 | 44 | 48 |
| Operating Profit | 4 | 4 | 5 | 4 |
| OPM % | 8% | 9% | 11% | 7% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 |
| PBT | 2 | 3 | 4 | 2 |
| Tax % | 19% | 17% | 19% | 13% |
| Net Profit | 2 | 2 | 3 | 2 |
| EPS in Rs | 7.76 | 1.7 | 2.28 | 0.95 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 0 | 30 | 51 | 69 | 98 | 101 |
| Expenses | 0 | 28 | 48 | 64 | 89 | 92 |
| Operating Profit | 0 | 2 | 3 | 4 | 8 | 9 |
| OPM % | — | 8% | 6% | 6% | 9% | 9% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 1 | 1 | 2 | 3 | 3 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 |
| PBT | 0 | 1 | 1 | 2 | 5 | 6 |
| Tax % | — | 18% | 19% | 18% | 18% | 17% |
| Net Profit | 0 | 1 | 1 | 2 | 4 | 5 |
| EPS in Rs | 0 | 3.28 | 3.96 | 6.68 | 3.25 | 2.41 |
| Div. Payout % | — | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 13 | 20 |
| Reserves | 0 | 1 | 2 | 3 | 8 | 35 |
| Borrowings | 12 | 23 | 33 | 53 | 37 | 31 |
| Other Liabilities | 1 | 10 | 21 | 17 | 38 | 26 |
| Total Liabilities | 15 | 37 | 58 | 76 | 95 | 111 |
| Fixed Assets | 9 | 10 | 10 | 18 | 18 | 17 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 3 |
| Other Assets | 7 | 26 | 48 | 58 | 78 | 88 |
| Total Assets | 15 | 37 | 58 | 76 | 95 | 111 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | — | -8 | -8 | -9 | 9 | -14 |
| Investing | — | -2 | -1 | -8 | -1 | -6 |
| Financing | — | 10 | 9 | 18 | -8 | 21 |
| Net Cash Flow | — | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | — | -10 | -9 | -17 | 8 | -17 |
| CFO/OP | — | -338 | -252 | -205 | 111 | -149 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | — | 84 | 95 | 71 | 100 | 99 |
| Inventory Days | — | 178 | 178 | 240 | 217 | 245 |
| Days Payable | — | 106 | 113 | 95 | 153 | 93 |
| Cash Conversion Cycle | — | 156 | 159 | 216 | 164 | 251 |
| Working Capital Days | — | 99 | 122 | 98 | 57 | 155 |
| ROCE % | — | 9% | 8% | 8% | 13% | 12% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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54 extracted metrics + investor summaries across FY13–FY26.
Documents
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Company Information
Incorporated in 2020, Aritas Vinyl Limited is engaged in the manufacturing and trading of technical textiles.[1]
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