Antarctica Ltd

Antarctica Ltd

NNSE:ANTGRAPHIC
0.67
INR
-0.01
(-1.47%)
-0.03EPS
248.02MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.36
0.2
0.21
0.16
0.16
0.15
0.15
0.11
0.09
0.07
0.07
0.04
0.02
0.05
Basic EPS, GAAP
0.01
0.01
0.01
-0.02
0.01
- -
0.01
-0.01
- -
- -
- -
- -
-0.01
-0.03
Free Cash Flow per Basic Share
0.18
- -
- -
0.02
-0.02
- -
-0.05
-0.02
-0.01
-0.01
-0.01
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.05
1.06
1.07
1.05
1.07
1.07
1.08
1.07
1.08
1.08
1.08
1.08
1.05
1.05
Tangible Book Value per Share
0.85
0.87
0.89
0.87
0.88
0.89
0.9
0.89
0.89
0.9
0.9
0.9
0.88
0.88
Basic Weighted Avg Shares
107
183
155
155
179
155
155
137
155
155
155
156
504
156
Sales/Revenue/Turnover
39
36
32
24
29
23
23
16
13
11
10
7
8
8
Operating Margin (%)
2.68
4.86
4.97
-8.83
5.93
2.36
8.74
-7.76
3.43
-12.56
-0.16
-16.52
-55.03
-55.27
Depreciation Expense
4
3
3
5
2
1
1
1
1
1
- -
1
1
1
Net Income, GAAP
1
2
2
-2
2
1
2
-1
- -
- -
- -
- -
-4
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
2.73
- -
12.45
5.03
- -
- -
- -
- -
Profit Margin (%)
2.75
5.09
6.53
-9.57
6.19
2.89
9.18
-8.74
2.8
1.58
1.46
-0.74
-51.2
-51.2
Working Capital
55
60
65
66
74
75
84
86
90
92
95
97
98
98
LT Debt
17
13
13
13
17
17
23
25
28
30
29
31
28
28
Total Equity
155
164
166
163
165
166
168
167
167
167
167
167
163
163
Return on Invested Capital (%)
0.57
1.05
1.19
- -
- -
- -
1.03
- -
0.2
-0.66
- -
- -
- -
- -
Return on Capital (%)
0.62
1.06
1.23
- -
- -
- -
1.13
- -
0.22
0.11
- -
- -
- -
- -
Return on Common Equity (%)
0.7
1.15
1.28
-1.42
1.09
0.41
1.24
-0.82
0.22
0.1
0.09
-0.03
-2.6
-2.6

Capital Structure

INR

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
- -
- -
- -
LT Borrowings
31
- -
28
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
155
155
155
Market Capitalization
124
225
248

Working Capital

INR

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
97
- -
100
Cash, Cash Equivalents & STI
2
- -
3
Accounts Receivable, Net
46
- -
48
Inventories
49
- -
49
Total Current Liabilities
2
- -
1
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.17%
-0.44%
-2.57%
Free Cash Flow
-289.2%
-31.97%
-70.87%
Net Income, GAAP
776%
1,633.78%
8,494%
Sales/Revenue/Turnover
-10.8%
-9.78%
23.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2
3
2
3
10
2023
1
2
2
2
7
2024
2
2
2
2
8

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
-0.01
- -
- -
0.01
- -
2024
- -
-0.01
- -
-0.01
-0.01

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

CEO
Aryan Arvindbhai Prajapati
Full Time Employees
4
Sector
Process industries
Industry
Containers/Packaging
Address
1A, Vidyasagar Street Ahmedabad WB India 700009
IPO Date
Feb 7, 2002
Business
Antarctica Limited engages primarily in the manufacturing and sale of paper-based printing and packaging products in India. The company produces a range of packaging solutions including folding cartons with inner liners for powders, granulated materials, liquids, lock bottom cartons, and reverse tuck-in boxes. Additionally, it manufactures hard tag double chambered tea bags with or without outer envelopes and printed hard tags for tea bag making. Antarctica also offers printed and PE-coated paper cups, along with book printing and finishing services. The company prints wrappers, cartons, labels, children's books, health-related literature, journals, brochures, and posters. Its packaging materials primarily serve the tea, pharmaceutical, and spices industries, with exports to Sri Lanka, the Middle East, the United Arab Emirates, Russia, Kazakhstan, Nepal, and other international markets. Founded in 1991, Antarctica Limited is headquartered in Kolkata, India. In terms of recent developments, Antarctica Limited continues to expand its operational capabilities, including an ongoing expansion project at the Falta Export Processing Zone aimed at enhancing production capacity. The company has engaged in technical assistance partnerships, notably with Man Roland of Germany, a supplier of its main printing machinery. Financially, the company reported progress in quarterly results for 2025 with an increase in revenue from operations. Operationally, Antarctica Limited has faced financial scrutiny with auditor disclaimers related to financial discrepancies, reflecting governance challenges. Despite these, the company maintains efforts to grow its core packaging business. In addition, Antarctica Capital, a distinct alternative asset management firm not to be confused with Antarctica Limited, completed an acquisition of Midwest Holding Inc. in late 2023, expanding its footprint in the life and annuity insurance platform space. This acquisition signals growth and diversification in Antarctica Capital’s portfolio but is separate from Antarctica Limited’s core printing and packaging business. Antarctica Limited operates mainly in India with a focus on packaging and printing solutions and maintains a presence in international export markets. Overall, Antarctica Limited remains a specialized integrated printing and packaging materials company providing diverse paper-based packaging products and printing services, servicing predominantly the Indian and select international markets with recent expansions aimed at capacity growth and technical enhancement in production processes. It continues to focus on the tea, pharmaceutical, and spices sectors with broad product offerings that include cartons, tea bags, printed paper cups, and various printed packaging materials.