---
title: "Arnav Corporation Ltd (531467) — Share Price, Financials & Analysis"
symbol: "531467"
company: "Arnav Corporation Ltd"
canonical: "https://tapetide.com/stocks/531467"
isin: "INE647D01014"
bse_code: "531467"
sector: "Consumer Discretionary"
industry: "Media"
generated_at: "2026-09-13T19:40:01.228Z"
---

# Arnav Corporation Ltd (531467)

Canonical page: https://tapetide.com/stocks/531467

## Company

- **BSE Code:** 531467
- **ISIN:** INE647D01014
- **Sector:** Consumer Discretionary
- **Industry:** Media
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2009-07-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** arnavcorp.co.in

## About

Arnav Corporation purchases and sells fabrics in India.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.02 times its book value
- Debtor days have improved from 534 to 81.2 days.
- Company's working capital requirements have reduced from 2,071 days to 73.6 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.02% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -67% | — | -43% |
| revenue growth | -56% | 62% | 37% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.87 | 2.95 | 3.38 | 1.97 | 1.96 | 3.82 | 5.69 | 2.46 | 3.95 | 0.6 | 0.75 | 0.84 |
| Expenses | 1.85 | 2.82 | 3.33 | 2.15 | 1.95 | 3.76 | 5.68 | 2.5 | 3.93 | 0.57 | 0.72 | 0.91 |
| Operating Profit | 0.02 | 0.13 | 0.05 | -0.18 | 0.01 | 0.06 | 0.01 | -0.04 | 0.02 | 0.03 | 0.03 | -0.07 |
| OPM % | 1.07 | 4.41 | 1.48 | -9.14 | 0.51 | 1.57 | 0.18 | -1.63 | 0.51 | 5 | 4 | -8.33 |
| Other Income | 0 | 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 | 0.01 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.02 | 0.12 | 0.05 | -0.19 | 0.01 | 0.06 | 0.01 | -0.04 | 0.02 | 0.03 | 0.03 | -0.07 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 0 |
| Net Profit | 0.02 | 0.12 | 0.05 | -0.18 | 0.01 | 0.06 | 0.01 | -0.05 | 0.02 | 0.03 | 0.03 | -0.07 |
| EPS in Rs | 0 | 0.01 | 0.01 | -0.02 | 0 | 0.01 | 0 | -0.01 | 0 | 0 | 0 | -0.01 |

### Profit & Loss

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.04 | 21.22 | 12.76 | 2.84 | 2.82 | 3.26 | 10.45 | 10.18 | 13.93 | 6.14 |
| Expenses | 2 | 20.87 | 13.07 | 2.7 | 2.7 | 3.26 | 10.42 | 10.15 | 13.9 | 6.13 |
| Operating Profit | 0.04 | 0.35 | -0.31 | 0.14 | 0.12 | 0 | 0.03 | 0.03 | 0.03 | 0.01 |
| OPM % | 1.96 | 1.65 | -2.43 | 4.93 | 4.26 | 0 | 0.29 | 0.29 | 0.22 | 0.16 |
| Other Income | 0.04 | 0.02 | 0.04 | -0.29 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0.01 | 0 | 0 |
| Profit before tax | 0.06 | 0.35 | -0.3 | -0.17 | 0.13 | 0 | 0.03 | 0.02 | 0.03 | 0.01 |
| Tax % | 1816.67 | 48.57 | -10 | -205.88 | -46.15 | — | 66.67 | 0 | 33.33 | — |
| Net Profit | -1.03 | 0.18 | -0.27 | 0.19 | 0.2 | 0 | 0.01 | 0.01 | 0.03 | 0.01 |
| EPS in Rs | — | — | — | — | — | 0 | 0 | 0 | 0 | -0.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5.06 | 5.06 | 5.07 | 5.09 | 5.09 | 5.09 | 45.09 | 89.42 | 89.42 | 89.42 |
| Reserves | 1.13 | 0.1 | 3.52 | 0.33 | 0.19 | 0.39 | 44.38 | 0.14 | 0.15 | 0.17 |
| Borrowings | 0 | 0.32 | 0 | 0 | 0 | 0.16 | 0 | 0 | 0 | 0 |
| Other Liabilities | 2.14 | 0.53 | 7.22 | 0.41 | 0.32 | 0.13 | 3.49 | 13.77 | 23.84 | 0.42 |
| Total Liabilities | 8.33 | 6.01 | 15.81 | 5.83 | 5.6 | 5.77 | 92.96 | 103.33 | 113.41 | 90.01 |
| Fixed Assets | 2.71 | 1.72 | 1.7 | 1.69 | 0.4 | 0.02 | 0.02 | 0.01 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.73 | 0.72 | 2 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 5.62 | 4.29 | 13.38 | 3.42 | 3.2 | 5.75 | 92.94 | 103.32 | 113.41 | 90.01 |
| Total Assets | 8.33 | 6.01 | 15.81 | 5.83 | 5.6 | 5.77 | 92.96 | 103.33 | 113.41 | 90.01 |

### Cash Flow

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | -1.86 | 2.04 | 0.31 | -2.42 | -83.81 | -0.01 | -0.07 | -0.01 |
| Cash from Investing Activity | — | — | -1.11 | 1.1 | -0.3 | -2.29 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | — | — | 3.25 | -2.91 | -0.32 | 0 | 83.84 | 0.07 | 0 | 0 |
| Net Cash Flow | — | — | 0.28 | 0.23 | -0.31 | -4.71 | 0.03 | 0.06 | -0.07 | -0.01 |
| Free Cash Flow | — | — | -1.86 | 2.03 | 1.58 | -2.42 | -83.81 | -0.01 | -0.07 | -0.01 |
| CFO/OP | — | — | -514 | -658 | 221 | -2017 | — | -33 | -233 | -33 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 475.55 | 601.18 | 203.14 | 0 | 0 | 365 | 672.9 | 571.43 | 949.43 | 81.23 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 475.55 | 601.18 | 203.14 | 0 | 0 | 365 | 672.9 | 571.43 | 949.43 | 81.23 |
| Working Capital Days | 433.44 | 690.64 | 105.1 | 3.72 | -3.86 | 367.59 | 9701.61 | 3028.28 | 3111.11 | 73.63 |
| ROCE % | 1.6 | 0.69 | 4.98 | -4.14 | 2.24 | 2.01 | 0 | 0.03 | 0.02 | 0.03 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 0.24% | 0.24% |
| Public | 99.76% | 99.76% |
| No. of Shareholders | 17647 | 16538 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Public | 99.76% | 99.76% | 99.76% | 99.76% | 99.76% | 99.76% | 99.76% | 99.76% |
| No. of Shareholders | 2380 | 5096 | 12557 | 17647 | 17028 | 16908 | 17009 | 16538 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 26 May 2018 - Pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015,the company has appointed M/s. Universal Capital Securities Pvt. Ltd as Registrar & Share Transfer Agent for … | [Compliances- Compliance Certificate For The Period Ended 31St March, 2018 26 May 2018 - Pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015,the company has appointed M/s. Universal Capital Securities Pvt. Ltd as Registrar & Share Transfer Agent for …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbc8d4ef-d900-48b0-acf0-d30a2b937fa2.pdf) |
| 26 May 2018 - Pursuant to Regulation 40(9) of the SEBI (LODR) Regulations, 2015, we are enclosing herewith Certificate Submitted by M/s KB Chokhani & Associates Practicing Company Secretary … | [Compliances- PCS Certificate For Transfer. Transmission/Transposition 26 May 2018 - Pursuant to Regulation 40(9) of the SEBI (LODR) Regulations, 2015, we are enclosing herewith Certificate Submitted by M/s KB Chokhani & Associates Practicing Company Secretary …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc205a24-6844-4b77-ac60-07e21985e835.pdf) |
| 26 May 2018 - Company has appointed M/s. Universal Capital Securities Pvt. Ltd as Registrar & Share Transfer Agent for both physical and electronic share transfer purpose and acted … | [Compliances- Compliance Certificate For The Period Ended 31St March, 2018 26 May 2018 - Company has appointed M/s. Universal Capital Securities Pvt. Ltd as Registrar & Share Transfer Agent for both physical and electronic share transfer purpose and acted …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/bbc8d4ef-d900-48b0-acf0-d30a2b937fa2.pdf) |
| 26 May 2018 - Certificate Submitted by M/s KB Chokhani & Associates Practicing Company Secretary for the period from 1st October, 2017 to 31st March, 2018. | [Compliances- PCS Certificate For Transfer. Transmission/Transposition 26 May 2018 - Certificate Submitted by M/s KB Chokhani & Associates Practicing Company Secretary for the period from 1st October, 2017 to 31st March, 2018.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/bc205a24-6844-4b77-ac60-07e21985e835.pdf) |
| — | [Financial Results For Quarter And Year Ended March 31, 2018 30 May 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34b896a8-17e1-4fdb-9832-70d2b6520090.pdf) |
| — | [Board Meeting-Outcome of Board Meeting 30 May 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d946c3a6-4a39-4ef2-8381-58715c55e9eb.pdf) |
| — | [Financial Results For Quarter And Year Ended March 31, 2018 30 May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/34b896a8-17e1-4fdb-9832-70d2b6520090.pdf) |
| — | [Board Meeting-Outcome of Board Meeting 30 May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/d946c3a6-4a39-4ef2-8381-58715c55e9eb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670313.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/531467/5314670310.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 2026-09-13T19:40:01.228Z.