---
title: "Multi Arc India Ltd (MULTIARC) — Share Price, Financials & Analysis"
symbol: "MULTIARC"
company: "Multi Arc India Ltd"
canonical: "https://tapetide.com/stocks/MULTIARC"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:26:30.282Z"
---

# Multi Arc India Ltd (MULTIARC)

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

## Company

- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** multi-arcindia.com

## About

Multi Arc India Limited (MAIL) is an India-based company. The Company is engaged in surface enhancement of articles, tools and materials supplied by the clients. It is also engaged in providing decorative coatings on watch straps and watch parts.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.16 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.02% over last 3 years.
- Earnings include an other income of Rs.7.42 Cr.
- Company has high debtors of 286 days.
- Working capital days have increased from 389 days to 635 days

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -226% | 3% |
| revenue growth | -39% | -4% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Sales | 22.37 | 25.98 | 32.13 | 19.58 |
| Expenses | 18.13 | 21.5 | 23.26 | 21.44 |
| Operating Profit | 4.24 | 4.48 | 8.87 | -1.86 |
| OPM % | 18.95 | 17.24 | 27.61 | -9.5 |
| Other Income | -0.07 | 3.14 | 2.09 | 7.42 |
| Interest | 4.4 | 3.84 | 4.69 | 3.21 |
| Depreciation | 4.84 | 3 | 3.22 | 2.41 |
| Profit before tax | -5.07 | 0.78 | 3.05 | -0.06 |
| Tax % | 1.97 | 15.38 | 15.08 | 150 |
| Net Profit | -5.17 | 0.66 | 2.59 | -0.15 |
| EPS in Rs | — | — | — | -0.13 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Equity Capital | 8.13 | 8.13 | 11.11 | 11.11 |
| Reserves | 11.07 | 11.73 | 22.93 | 22.78 |
| Borrowings | 14.92 | 16.2 | 23.66 | 31.34 |
| Other Liabilities | 5.48 | 11.51 | 8.46 | 10.43 |
| Total Liabilities | 39.6 | 47.57 | 66.16 | 75.66 |
| Fixed Assets | 19.87 | 19.12 | 24.92 | 20.53 |
| CWIP | 1.97 | 0.14 | 5.65 | 1.83 |
| Investments | 0.15 | 0.15 | 0.15 | 0.15 |
| Other Assets | 17.61 | 28.16 | 35.44 | 53.15 |
| Total Assets | 39.6 | 47.57 | 66.16 | 75.66 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3.39 | -7.83 | -4.4 | -10 |
| Cash from Investing Activity | 4.01 | 5.79 | -14.61 | 2.51 |
| Cash from Financing Activity | -6.9 | 1.28 | 19.04 | 7.68 |
| Net Cash Flow | 0.5 | -0.76 | 0.03 | 0.19 |
| Free Cash Flow | 4.14 | -8.27 | -19.01 | -7.49 |
| CFO/OP | 79 | -178 | -43 | 525 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Debtor Days | 113.4 | 208.63 | 157.56 | 285.77 |
| Inventory Days | 152.82 | 39.01 | 300.8 | 368.13 |
| Days Payable | 344.16 | 295.61 | 181.56 | 372.04 |
| Cash Conversion Cycle | -77.94 | -47.97 | 276.8 | 281.86 |
| Working Capital Days | 179.81 | 228.16 | 304.45 | 634.56 |
| ROCE % | — | 13.22 | 16.7 | -0.21 |

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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 2026-09-13T18:26:30.282Z.