---
title: "Arrowhead Seperation Engineering Ltd (544025) — Share Price, Financials & Analysis"
symbol: "544025"
company: "Arrowhead Seperation Engineering Ltd"
canonical: "https://tapetide.com/stocks/544025"
isin: "INE0PP401015"
nse_symbol: "ARROWHEADSEPERATIONENGINEERINGLTD"
bse_code: "544025"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 13.9
generated_at: "2026-09-13T18:58:58.442Z"
---

# Arrowhead Seperation Engineering Ltd (544025)

Canonical page: https://tapetide.com/stocks/544025

## Company

- **NSE Symbol:** ARROWHEADSEPERATIONENGINEERINGLTD
- **BSE Code:** 544025
- **ISIN:** INE0PP401015
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-11-28
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** arrowhead-dryers.com

## About

Incorporated in 1991, Arrowhead Seperation Engineering Ltd is in the business of chemical and process equipment[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:04.985411Z.

- **Market Cap:** ₹13.9 Cr
- **Classification:** SME
- **P/E (reported):** 83.5
- **EPS (reported):** ₹10.88
- **Book Value:** ₹89.49
- **Price to Book:** 0.83
- **Dividend Yield:** 0%
- **ROE:** 0.99%
- **ROCE:** 4.1%
- **Debt to Equity:** 0.32
- **Revenue (yearly):** ₹23.4 Cr
- **Net Income:** ₹0.2 Cr
- **EBITDA:** ₹0.8 Cr
- **52-Week High:** ₹93.9
- **52-Week Low:** ₹68
- **RSI (14):** 9.32

## Key Insights

### Strengths

- Stock is trading at 0.83 times its book value
- Debtor days have improved from 142 to 103 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 35.1%
- Company has a low return on equity of 6.09% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 96.61% | 94.27% | 86.6% |
| ebitda margin growth | -42.17% | -75.51% | -64.44% |
| net income growth | -50% | -50% | 16% |
| revenue growth | 14.15% | 3% | 21% |
| roce | -37.97% | -78.63% | 23.46% |
| roe | -60.24% | 5.36% | -91.66% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 12.91 | 11.85 | 8.4 | 11.92 | 8.97 | 14.32 |
| Expenses | 11.1 | 10.22 | 7.3 | 11.91 | 8.52 | 14.01 |
| Operating Profit | 1.81 | 1.63 | 1.1 | 0.01 | 0.45 | 0.31 |
| OPM % | 14.02 | 13.76 | 13.1 | 0.08 | 5.02 | 2.16 |
| Other Income | 0.12 | 0.01 | 0 | 0.14 | 0.04 | 0.03 |
| Interest | 0.55 | 0.25 | 0.14 | 0.29 | 0.2 | 0.29 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 |
| Profit before tax | 1.37 | 1.38 | 0.95 | -0.15 | 0.27 | 0.01 |
| Tax % | 25.55 | 26.09 | 25.26 | 93.33 | 25.93 | 300 |
| Net Profit | 1.02 | 1.02 | 0.71 | -0.3 | 0.19 | -0.03 |
| EPS in Rs | 7.77 | 5.45 | 3.79 | -1.6 | 1.02 | -0.16 |

### Profit & Loss

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 16.35 | 18.05 | 9.12 | 10.87 | 21.47 | 24.74 | 20.31 | 23.28 |
| Expenses | 15.52 | 17.21 | 9.51 | 9.8 | 18.92 | 21.3 | 19.2 | 22.51 |
| Operating Profit | 0.83 | 0.84 | -0.39 | 1.07 | 2.55 | 3.44 | 1.11 | 0.77 |
| OPM % | 5.08 | 4.65 | -4.28 | 9.84 | 11.88 | 13.9 | 5.47 | 3.31 |
| Other Income | 0.04 | 0.07 | 0.04 | 0.05 | 0.21 | 0.13 | 0.15 | 0.07 |
| Interest | 0.61 | 0.8 | 0.82 | 0.93 | 1.55 | 0.8 | 0.44 | 0.51 |
| Depreciation | 0.06 | 0.08 | 0.06 | 0.06 | 0.04 | 0.02 | 0.03 | 0.06 |
| Profit before tax | 0.2 | 0.03 | -1.23 | 0.13 | 1.17 | 2.75 | 0.79 | 0.27 |
| Tax % | 50 | 0 | 45.53 | 30.77 | 12.82 | 26.18 | 48.1 | 40.74 |
| Net Profit | 0.1 | 0.03 | -1.79 | 0.09 | 1.02 | 2.04 | 0.41 | 0.17 |
| EPS in Rs | — | — | — | — | 7.77 | 10.9 | 2.19 | 0.91 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.81 | 0.81 | 0.81 | 0.81 | 1.31 | 1.87 | 1.87 | 1.87 |
| Reserves | 2.21 | 2.24 | -0.13 | -0.04 | 1.15 | 14.3 | 14.71 | 14.88 |
| Borrowings | 4.85 | 5.09 | 6.01 | 6.99 | 8.13 | 1.79 | 5.32 | 5.41 |
| Other Liabilities | 11.47 | 7.7 | 8.98 | 10.56 | 10.12 | 6.82 | 7.37 | 6.61 |
| Total Liabilities | 19.34 | 15.84 | 15.67 | 18.32 | 20.71 | 24.78 | 29.27 | 28.77 |
| Fixed Assets | 0.52 | 0.44 | 0.38 | 0.33 | 0.29 | 0.29 | 0.55 | 0.45 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0.84 | 0 |
| Other Assets | 18.82 | 15.4 | 15.29 | 17.99 | 20.42 | 24.49 | 27.88 | 28.32 |
| Total Assets | 19.34 | 15.84 | 15.67 | 18.32 | 20.71 | 24.78 | 29.27 | 28.77 |

### Cash Flow

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | 0.91 | -0.97 | 0.57 | -2.27 | -3.84 | -0.13 |
| Cash from Investing Activity | — | — | 0 | -0.02 | 0 | -0.02 | -0.94 | 0.59 |
| Cash from Financing Activity | — | — | -0.39 | 0.14 | -0.27 | 4.59 | 3.25 | -0.37 |
| Net Cash Flow | — | — | 0.53 | -0.84 | 0.3 | 2.3 | -1.52 | 0.09 |
| Free Cash Flow | — | — | 0.91 | -0.99 | 0.57 | -2.29 | -3.93 | -0.3 |
| CFO/OP | — | — | -377 | -86 | 28 | -45 | -312 | 10 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 191.09 | 140.14 | 259.74 | 216.58 | 153 | 114.04 | 208.11 | 102.85 |
| Inventory Days | 385.64 | 258.87 | 544.51 | 840.85 | 286.04 | 267.93 | 305.33 | 316.12 |
| Days Payable | 145.5 | 100.72 | 262.42 | 258.65 | 127.43 | 78.05 | 118.44 | 78.37 |
| Cash Conversion Cycle | 431.24 | 298.29 | 541.83 | 798.78 | 311.61 | 303.92 | 395 | 340.61 |
| Working Capital Days | 79.25 | 101.92 | 32.02 | 62.46 | 59.5 | 217.76 | 272.27 | 253.84 |
| ROCE % | — | 10.37 | -5.53 | 14.67 | 29.65 | 24.87 | 6.17 | 3.4 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 35.09% | 35.09% | 35.09% | 35.09% | 35.09% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 1.38% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 61.32% | 60.32% | 59.39% | 59.39% | 58.08% |
| Others | 2.21% | 4.58% | 5.51% | 5.51% | 6.83% |
| No. of Shareholders | 563 | 524 | 481 | 453 | 416 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 72.63 | Buy |
| EMA (10) | 73.37 | Buy |
| SMA (20) | 71.32 | Buy |
| EMA (20) | 72.28 | Buy |
| SMA (50) | 71.06 | Buy |
| EMA (50) | 72.6 | Buy |
| SMA (100) | 75.56 | Sell |
| EMA (100) | 77.62 | Sell |
| SMA (200) | 92.01 | Sell |
| EMA (200) | 93.55 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.9 | Neutral |
| MACD (12,26,9) | 0.98 | Buy |
| Stochastic (14,3,3) | 76.24 | Neutral |
| ADX (14) | 18.55 | Neutral |
| Williams %R (14) | -39.36 | Neutral |
| ATR (14) | 1.46 | Neutral |
| ROC (12) | 6.14 | Buy |
| Stoch RSI (14) | 46.78 | Neutral |
| UO (7,14,28) | 58.94 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7e3db96-eac1-4d0a-a729-3cebc689bafe.pdf) |
| 2026-08-24 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Monday August 24 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=399f4bc7-57b0-4ef5-9624-009d4c61c1cf.pdf) |
| 2026-08-24 | [Notice Of 35Th Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a968df0f-35bb-4473-abc9-9580f56eac29.pdf) |
| 2026-08-24 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8daac702-79ab-4c5b-b0d3-a712338fb488.pdf) |
| 2026-08-24 | [Intimation Of Book Closure Pursuant To Regulation 42 Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=681e84ff-154d-42fc-8d02-d505ef811b52.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33f497e1-e58a-444c-992f-7b278839a95b.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4076937-433b-4d65-82e3-44d2362adfe2.pdf) |
| 2026-05-26 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday May 26 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1e9916a-1904-47ff-b170-ff652686af1c.pdf) |
| 2026-05-20 | [Board Meeting Intimation for Board Meeting Intimation For Consideration And Approval Of Audited Financial Results For Half Year And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c866fdc8-0140-4298-a3bd-2692348a6dee.pdf) |
| 2026-04-21 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f912224b-b7c7-4768-9ea7-28fe3444c177.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-26 | [Results For The Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=407228e4-b415-4860-b614-886a7e22f55b.pdf) |
| 2025-11-12 | [Results- Financial Results For The Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a620602-5206-4054-9ce3-3033d5feeb38.pdf) |
| 2025-05-23 | [Results For The Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c906800-286d-4656-898b-5d5981e8f367.pdf) |
| 2024-11-12 | [Financial Results For The Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48e392ac-f5c6-48d5-a299-275462d838b8.pdf) |
| 2024-05-22 | [Results For The Financials Year Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1da353ee-6458-42db-81cd-dc833d6c8cb2.pdf) |
| 2023-12-27 | [Revised Financial Result For The Period Ended 30Th September, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f267d2ad-54a0-4832-bcd9-e0c37dd6817c.pdf) |
| 2023-12-18 | [Board Meeting Outcome for Outcome Of Board Meeting Held On December 18Th , 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f696731a-7b82-4915-b768-fa993173652f.pdf) |
| 2023-12-18 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=114fbc65-11ea-4e3a-ad45-3709fd062e81.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Nov 2025 - Board meeting on Nov 12, 2025 to approve unaudited H1 results for period ended Sep 30, 2025. | [Board Meeting Intimation for Meeting Dated Wednesday, November 12, 2025 7 Nov 2025 - Board meeting on Nov 12, 2025 to approve unaudited H1 results for period ended Sep 30, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02604af6-7a6c-4d02-a5c9-c37c3c1fdec8.pdf) |
| 29 Jan - Board meeting Feb 10, 2026 to approve unaudited Q3 and 9M results ended Dec 31, 2025. | [Reg 23(5)(i): Disclosure of material issue 29 Jan - Board meeting Feb 10, 2026 to approve unaudited Q3 and 9M results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe1f6487-e6cc-4acb-9022-d71162872169.pdf) |
| 21 Apr - Company confirms it is not a SEBI Large Corporate for FY27. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr - Company confirms it is not a SEBI Large Corporate for FY27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f912224b-b7c7-4768-9ea7-28fe3444c177.pdf) |
| 19 Jan - Unitholding pattern for quarter ended Dec 31, 2025: 45,54,77,143 units outstanding; sponsor holds 10,22,00,005 (22.44%). | [Unit Holding Pattern 19 Jan - Unitholding pattern for quarter ended Dec 31, 2025: 45,54,77,143 units outstanding; sponsor holds 10,22,00,005 (22.44%).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71198813-b6d0-4150-b093-1c8227b8fc37.pdf) |
| 19 Jan - Submitted Q3 governance report; IL&FS launched InvIT platform sale, EOIs invited till Jan 23, 2026; Axis Capital appointed. | [Reg 26K: Quarterly Compliance Report on Corporate governance 19 Jan - Submitted Q3 governance report; IL&FS launched InvIT platform sale, EOIs invited till Jan 23, 2026; Axis Capital appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01c46667-3cba-40e9-95ec-049745214f0f.pdf) |
| 16 Jan - Certificate under Regulation 74 (5) of the SEBI ( Depositories and Participants Regulations, 2018 for the quarter ended December 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Jan - Certificate under Regulation 74 (5) of the SEBI ( Depositories and Participants Regulations, 2018 for the quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a57dcb06-87f1-4f37-bee8-c8b6a7d56c0b.pdf) |
| 15 Apr - Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr - Certificate under Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0b53af4-9cae-4a65-8a42-743dc6b3b8e7.pdf) |
| 13 Oct 2025 - RTA's Regulation 74(5) certificate confirming dematerialisation for quarter ended 30 Sep 2025, dated 06 Oct 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Oct 2025 - RTA's Regulation 74(5) certificate confirming dematerialisation for quarter ended 30 Sep 2025, dated 06 Oct 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c1c25f3-0d44-4fa7-bc03-2636cc634019.pdf) |
| 12 Nov 2025 - Board approved unaudited standalone H1 results for period ended Sep 30, 2025; limited review attached. | [Board Meeting Outcome for Outcome Of Board Meeting Held On November 12, 2025. 12 Nov 2025 - Board approved unaudited standalone H1 results for period ended Sep 30, 2025; limited review attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/070a79d3-c0d3-461b-8b19-850982811478.pdf) |
| 12 Nov 2025 - Approved unaudited standalone results for half-year ended 30 Sep 2025; revenue ₹900.92 lakh, profit ₹19.17 lakh. | [Results- Financial Results For The Half Year Ended September 30, 2025 12 Nov 2025 - Approved unaudited standalone results for half-year ended 30 Sep 2025; revenue ₹900.92 lakh, profit ₹19.17 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a620602-5206-4054-9ce3-3033d5feeb38.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7ff88cd-221e-4d2e-8965-b39d1d128f72.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99b26fdb-f4c8-4bc1-99be-517d2a2f7497.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 2026-09-13T18:58:58.442Z.