---
title: "Aritas Vinyl Ltd (544683) — Share Price, Financials & Analysis"
symbol: "544683"
company: "Aritas Vinyl Ltd"
canonical: "https://tapetide.com/stocks/544683"
isin: "INE1D8001016"
nse_symbol: "ARITASVINYLLTD"
bse_code: "544683"
sector: "Consumer Durables"
industry: "Leather & Leather Products"
market_cap_cr: 25.5
generated_at: "2026-09-13T18:26:45.001Z"
---

# Aritas Vinyl Ltd (544683)

Canonical page: https://tapetide.com/stocks/544683

## Company

- **NSE Symbol:** ARITASVINYLLTD
- **BSE Code:** 544683
- **ISIN:** INE1D8001016
- **Sector:** Consumer Durables
- **Industry:** Leather & Leather Products
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** aritasvinyl.com

## About

Incorporated in 2020, Aritas Vinyl Limited is engaged in the manufacturing and trading of technical textiles.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:44.351760Z.

- **Market Cap:** ₹25.5 Cr
- **Classification:** SME
- **P/E (reported):** 0
- **Book Value:** ₹27.11
- **Price to Book:** 0.48
- **Dividend Yield:** 0%
- **ROE:** 20.18%
- **ROCE:** 22.43%
- **Debt to Equity:** 0.56
- **Revenue (yearly):** ₹98 Cr
- **Net Income:** ₹4.1 Cr
- **EBITDA:** ₹8.8 Cr
- **52-Week High:** ₹47
- **52-Week Low:** ₹12.15
- **RSI (14):** 47.39

## Key Insights

### Strengths

- Stock is trading at 0.46 times its book value

### Weaknesses

- 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 Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 195.58% | 212.61% | 8.66% |
| ebitda margin growth | 200% | 30.2% | 42.56% | -90.99% |
| net income growth | 181.82% | 141.18% | 69% | — |
| revenue growth | 253.11% | 41.62% | 25% | — |
| roce | — | 112% | 150.61% | 10.19% |
| roe | — | -27.44% | 23.67% | — |

## Financial Statements

### Quarterly Results

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

| Item | 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 |
| Profit before tax | 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

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

| Item | 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 |
| Profit before tax | 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 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | 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

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | -8 | -8 | -9 | 9 | -14 |
| Cash from Investing Activity | — | -2 | -1 | -8 | -1 | -6 |
| Cash from Financing Activity | — | 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

| Item | 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 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2026 | Jun 2026 |
| --- | --- | --- |
| Promoters | 27.99% | 27.99% |
| FIIs | 0% | 0% |
| DIIs | 0% | 0% |
| Government | 0% | 0% |
| Public | 69.86% | 69.72% |
| Others | 2.15% | 2.29% |
| No. of Shareholders | 1053 | 1051 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 2 / 9 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 13.12 | Sell |
| EMA (10) | 13.15 | Sell |
| SMA (20) | 13.03 | Sell |
| EMA (20) | 13.13 | Sell |
| SMA (50) | 13.16 | Sell |
| EMA (50) | 13.45 | Sell |
| SMA (100) | 14.15 | Sell |
| EMA (100) | 14.83 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.39 | Neutral |
| MACD (12,26,9) | -0.01 | Buy |
| Stochastic (14,3,3) | 68.28 | Neutral |
| ADX (14) | 18.87 | Neutral |
| Williams %R (14) | -50.3 | Neutral |
| ATR (14) | 0.54 | High Volatility |
| ROC (12) | 1.73 | Buy |
| Stoch RSI (14) | 21.69 | Neutral |
| UO (7,14,28) | 54.1 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fce5cd7-abf9-42ce-9143-fd04d3fae489.pdf) |
| 2026-09-05 | [CUT-OFF AND E-VOTING DATE FOR 06Th ANNUAL GENERAL MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b47728e7-bfd8-405c-9fcc-0b4dc40c208a.pdf) |
| 2026-09-05 | [Notice Of 6Th Annual General Meeting And Annual Report For The Financial Year 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c42852ff-27d5-4130-8760-3277e3215296.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2796b255-1e0e-40ef-89ce-788b8dd89e41.pdf) |
| 2026-09-03 | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Thursday 03Rd September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af572b49-0221-4f59-ab99-cad49bebf48e.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96dd865c-a74d-4bcc-962e-9f98713147b6.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=950d82ea-f8de-4da3-8d7e-d4baf04ed3c6.pdf) |
| 2026-08-27 | [Board Meeting Intimation for The Meeting Of Board Of Directors To Be Held On Thursday 03Rd September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07d0062f-5a5c-418b-a02b-86d87a2fa1ed.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Tuesday 25Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45650d1b-0bc5-4f9e-8032-d85ec7b42cb3.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e5cd0be-6770-4314-b4ee-d1c753a9b13f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-26 | [Standalone Audited Financial Results For 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1d8ac99-4282-4a4f-8512-c830f384ec20.pdf) |
| 2026-02-14 | [Result-Financial Result For The Half-Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4333b590-bfd1-43cd-a6dd-a98277159576.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr - Promoter group disclosed no share encumbrance during FY ended 31 March 2026. | [Disclosures Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation 2011 6 Apr - Promoter group disclosed no share encumbrance during FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68906d7f-5451-40c2-8697-ffe5a0f288d0.pdf) |
| 26 Mar - Aritas Vinyl: trading window closed from 1 Apr 2026 until 48 hours after audited FY2026 results. | [Closure of Trading Window 26 Mar - Aritas Vinyl: trading window closed from 1 Apr 2026 until 48 hours after audited FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/52f4ca66-1205-4d77-9713-1f58ac8972ee.pdf) |
| 2 Mar - Ms. Shikha Siddharth Makhija resigns as Company Secretary and Compliance Officer effective 05 Mar 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 2 Mar - Ms. Shikha Siddharth Makhija resigns as Company Secretary and Compliance Officer effective 05 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3a580b5-ff6b-4acb-a545-7a7b51227585.pdf) |
| 18h - Non-deal roadshow on 13 March 2026 in Mumbai; no unpublished price-sensitive information. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18h - Non-deal roadshow on 13 March 2026 in Mumbai; no unpublished price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/873ee679-89ba-4ac8-b650-8f3c1103c516.pdf) |
| 17 Feb - With reference to our letter dated 3rd February, 2026, intimating you about the earning conference call for Q3 and 9M FY2026 with Analysts/Investors held on … | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 17 Feb - With reference to our letter dated 3rd February, 2026, intimating you about the earning conference call for Q3 and 9M FY2026 with Analysts/Investors held on …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a12a024-f3a8-4b14-8044-26f651d4f01c.pdf) |
| 14 Feb - Board approved unaudited standalone H1 results ended Sept 30, 2025; limited review dated Feb 14, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Saturday 14Th February 2026. 14 Feb - Board approved unaudited standalone H1 results ended Sept 30, 2025; limited review dated Feb 14, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1bc90d79-5f7d-4f9d-889d-c0e8670bfe82.pdf) |
| 14 Feb - Board approved unaudited H1 results for half-year ended 30 Sep 2025; total assets Rs 10,079.41 lakh; PBT Rs 355.70 lakh. | [Result-Financial Result For The Half-Year Ended On 30Th September 2025 14 Feb - Board approved unaudited H1 results for half-year ended 30 Sep 2025; total assets Rs 10,079.41 lakh; PBT Rs 355.70 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4333b590-bfd1-43cd-a6dd-a98277159576.pdf) |
| 13 Mar - Appointed Dharmik Prakashbhai Radadiya as Company Secretary and Compliance Officer effective 13 March 2026. | [Appointment of Company Secretary and Compliance Officer 13 Mar - Appointed Dharmik Prakashbhai Radadiya as Company Secretary and Compliance Officer effective 13 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/26593147-bc94-4a9b-b2c2-1775870d26f8.pdf) |
| 13 Feb - Copies of extract of Unaudited Standalone and Consolidated Financial Results for the Third quarter and Nine Months ended 31st December, 2025 published in 'Business Standard' … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Copies of extract of Unaudited Standalone and Consolidated Financial Results for the Third quarter and Nine Months ended 31st December, 2025 published in 'Business Standard' …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71a76550-a3e3-4541-8395-73e6c5461bb2.pdf) |
| 12 Feb - Board meeting rescheduled to 14 Feb 2026; trading window closed until 48 hours after results. | [Board Meeting Intimation for The Postponement Of Board Meeting - Regulation 29 Of SEBI (LODR) Regulations 2015 12 Feb - Board meeting rescheduled to 14 Feb 2026; trading window closed until 48 hours after results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59b2bac0-3964-48f1-a3fb-0b3f40830684.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b131ccd8-8349-49c0-be58-1a0f02636318.pdf) |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ba10918-0765-4c35-9098-59100b9db939.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/aa5e8991-b9e5-4b4f-a444-d725c12697c8.pdf) |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=AAA868BC_C019_4B68_94B9_9891EC0503E0_144915.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ede8db7b-9366-4e7e-b3c7-6d97bd73193a.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a50e9cbb-a4c9-4cd7-8a94-3543021c1d81.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56620eea-c1b5-441e-a562-76d9750f735c.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e9349fa-b45c-4a2c-b991-aec401c08069.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8059d146-e8e5-4eaf-baf4-66b5e5ec3151.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43164572-462b-4be6-bb54-26b351b336c4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80f7954a-44a0-43a3-a2d9-d1e1623e3839.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/233b320d-9203-477a-b105-ea676409e6cd.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c5caa00-27c3-4d9b-a2a0-25010a3602da.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/76662539334.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/70647539334.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/67327539334.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/5393340319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/5393340318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/5393340317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539334/5393340316.pdf) |

---

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 2026-09-13T18:26:45.001Z.