- Business
- Arrow Greentech Limited Arrow Greentech Limited engages in the manufacture and sale of water-soluble films, bio-compostable products, and high-tech security solutions in India and internationally. The company, founded in 1992 and headquartered in Mumbai, India, operates through Green Products and High-Tech Products segments; it produces Watersol™ polyvinyl alcohol (PVA) films for packaging agro chemicals, detergents, laundry bags, seed tapes, fish bait, embroidery, mold release, and water transfer printing applications; bio-compostable products under the Bioplast brand including flexible films, injection-molded rigid items such as carry bags, garbage bags, and food trays; water-soluble hygiene capsules like Klenz Pro™ for air fresheners and surface cleaners; and novel drug delivery systems via subsidiary Avery Pharmaceuticals Private Limited, encompassing mouth-dissolving strips and 54 approved nutraceutical products. It also offers anti-counterfeit security products, intellectual property licensing, and patent royalties across health, hygiene, packaging, printing, agriculture, and pharmaceutical industries, supported by manufacturing facilities in Ankleshwar, Ahmedabad, Silvassa, and a subsidiary in the United Kingdom through Arrow Green Technologies (UK) Limited, alongside other subsidiaries including Arrow Secure Technology Private Limited and LQ Arrow Security Products (India) Private Limited. Recent developments include acquisition of land in Dahej-II Industrial Estate for capacity expansion in green technologies; expansion of Avery Pharmaceuticals' nutraceutical portfolio and contract manufacturing with repeat orders for novel drug delivery systems; strong revenue growth with Q2 FY26 results showing consolidated revenue of Rs 611 million, EBITDA of Rs 208 million, and PAT of Rs 157 million; ongoing R&D yielding new patents and innovations in water-soluble variants and high-security products aligned with Atma-Nirbhar Bharat initiatives; and robust financial performance with FY25 revenue reaching Rs 2,430 million and PAT of Rs 630 million.