Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 110 | 133 | 118 | 144 | 139 | 146 | 175 | 200 |
| Expenses | 106 | 127 | 111 | 138 | 131 | 138 | 166 | 192 |
| Operating Profit | 3 | 6 | 7 | 6 | 8 | 8 | 9 | 8 |
| OPM % | 3.0% | 4.6% | 6% | 4.2% | 6% | 6% | 5% | 4.2% |
| Other Income | 0 | 1 | 0 | 1 | 1 | -0 | 1 | 1 |
| Interest | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 5 | 5 | 5 | 6 | 6 | 8 | 7 |
| Tax % | 26% | 26% | 25% | 26% | 26% | 25% | 25% | 27% |
| Net Profit | 1 | 4 | 3 | 3 | 5 | 4 | 6 | 5 |
| EPS in Rs | 1.69 | 4.39 | 4.32 | 3.07 | 4.26 | 4.12 | 5.55 | 4.78 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 78 | 84 | 110 | 191 | 243 | 262 | 285 | 375 |
| Expenses | 75 | 78 | 104 | 182 | 233 | 247 | 269 | 357 |
| Operating Profit | 3 | 5 | 6 | 8 | 9 | 14 | 16 | 18 |
| OPM % | 3.9% | 6% | 6% | 4.4% | 3.9% | 5% | 6% | 4.7% |
| Other Income | 0 | 0 | 0 | 1 | 1 | -0 | 0 | 3 |
| Interest | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Profit before tax | 2 | 4 | 4 | 6 | 6 | 9 | 12 | 15 |
| Tax % | 28% | 25% | 26% | 29% | 26% | 26% | 25% | 26% |
| Net Profit | 1 | 3 | 3 | 4 | 5 | 7 | 9 | 11 |
| EPS in Rs | 64.00 | 140.50 | 144.00 | 20.70 | 5.90 | 6.25 | 8.37 | 10.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 28% | 16% | 32% | ||
| Compounded Profit Growth | % | 31% | 33% | 16% | ||
| Stock Price CAGR | % | % | % | 22% | ||
| Return on Equity | % | 20% | 19% | 18% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 8 | 11 | 11 | 11 |
| Reserves | 5 | 8 | 11 | 15 | 14 | 38 | 47 | 59 |
| Borrowings | 13 | 17 | 22 | 29 | 38 | 35 | 28 | 47 |
| Other Liabilities | 11 | 11 | 15 | 25 | 16 | 15 | 20 | 42 |
| Total Liabilities | 32 | 37 | 50 | 71 | 77 | 99 | 107 | 158 |
| Fixed Assets | 5 | 10 | 10 | 9 | 8 | 13 | 12 | 12 |
| CWIP | 0 | 0 | 0 | 2 | 5 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Other Assets | 26 | 28 | 41 | 61 | 64 | 86 | 94 | 145 |
| Total Assets | 32 | 37 | 50 | 71 | 77 | 99 | 107 | 158 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0 | 3 | -4 | -3 | -2 | -9 | 12 | -15 |
| Cash from Investing Activity | -1 | -5 | -2 | -3 | -4 | -1 | -1 | -3 |
| Cash from Financing Activity | 1 | 3 | 4 | 6 | 6 | 14 | -10 | 16 |
| Net Cash Flow | -0 | 1 | -1 | 0 | 0 | 3 | 1 | -3 |
| Free Cash Flow | -1 | -2 | -5 | -6 | -6 | -10 | 12 | -17 |
| CFO/OP | 18% | 76% | -40% | -19% | -5% | -48% | 95% | -65% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 75 | 76 | 55 | 51 | 61 | 59 | 60 |
| Inventory Days | 39 | 46 | 66 | 64 | 46 | 54 | 54 | 82 |
| Days Payable | 54 | 51 | 52 | 40 | 23 | 18 | 20 | 40 |
| Cash Conversion Cycle | 67 | 70 | 90 | 79 | 74 | 98 | 93 | 102 |
| Working Capital Days | 12 | 10 | 23 | 15 | 16 | 45 | 51 | 49 |
| ROCE % | 20% | 17% | 19% | 17% | 19% | 19% | 18% |
| Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.45% | 73.45% | 73.45% | 73.45% | 73.45% | 73.45% | 73.45% | 73.45% | 73.45% |
| FIIs | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% | 0.51% | 0.51% |
| Public | 26.50% | 26.50% | 26.50% | 26.50% | 26.50% | 26.55% | 26.04% | 26.04% | 26.04% |
| No. of Shareholders | 822 | 820 | 804 | 729 | 716 | 696 | 665 | 641 | 641 |
Fundamentals
Market Cap₹ 95.8 Cr.
Current Price₹ 88.0
Stock P/E8.51
Book Value₹ 63.8
ROCE18.5 %
ROE17.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)32%
Compounded Profit Growth (TTM)16%
Standalone figures.
Valuation
Market capRs 96 Cr
Enterprise valueRs 127 Cr
P/E (TTM)14.07x
Price to book1.95x
Price to sales0.37x
EV / EBITDA9.08x
EV / EBIT10.23x
EV / sales0.49x
Earnings yield7.10%
P/E, 3-year average13.40x
P/B, 3-year average1.86x
P/E, 5-year average13.40x
P/B, 5-year average1.86x
Profitability
Operating margin (excl. other income)5.37%
Operating margin (incl. other income)5.35%
EBITDA margin5.35%
Pre-tax margin3.50%
Net profit margin2.60%
ROE19.15%
ROCE17.16%
ROA7.76%
ROE, 3-year average23.56%
ROCE, 3-year average17.47%
ROA, 3-year average6.98%
ROE, 5-year average25.54%
ROCE, 5-year average17.88%
ROA, 5-year average7.14%
ROIC (approx.)11.49%
Tax rate25.76%
Other income / net worth-0.14%
Growth
Sales growth (latest year)7.79%
Profit growth (latest year)44.28%
Sales CAGR, 3 years33.50%
Sales CAGR, 5 years27.51%
Profit CAGR, 3 years33.22%
Profit CAGR, 5 years39.70%
Per share
EPS (TTM)Rs 6.25
EPS (latest year)Rs 6.25
EPS, 3-year averageRs 10.95
EPS, 5-year averageRs 63.47
Book value per shareRs 45.06
Sales per shareRs 240.11
Cash flow per shareRs -8.32
Free cash flow per shareRs -15.61
Efficiency
Asset turnover2.64x
Fixed asset turnover20.87x
Inventory turnover7.06x
Inventory days52 days
Debtor days61 days
Debtors turnover5.94x
Creditor days40 days
Cash conversion cycle102 days
Working capital days49 days
Leverage
Total debtRs 35 Cr
Cash and bankRs 4 Cr
Net debtRs 31 Cr
Debt to equity0.72x
Net debt / EBITDA2.22x
Interest coverage3.83x
Owners' fund to total sources49.54%
Debt to assets35.45%
Cash flow
Cash from Operating Activity (latest year)Rs -9 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 14 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -17 Cr
FCFE (approx.: FCF + change in debt)Rs -20 Cr
Cash from ops / profit, 5 years-0.47x
Statement figures
Net sales (TTM)Rs 262 Cr
Net sales (latest year)Rs 262 Cr
Operating profit excl. other income (latest year)Rs 14 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 11 Cr
Profit before tax (TTM)Rs 9 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 7 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 226 Cr
Total expenditure (latest year)Rs 247 Cr
Total income (latest year)Rs 261 Cr
Share capitalRs 11 Cr
ReservesRs 38 Cr
Shareholders' fundsRs 49 Cr
Total assetsRs 99 Cr
Net blockRs 13 Cr
InvestmentsRs 0 Cr
ReceivablesRs 44 Cr
InventoryRs 32 Cr
Other liabilitiesRs 15 Cr
Shares outstanding (crore)1.09
Ownership
Promoter holding73.45% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.1 is at the 5th percentile of its own 3.1-year range
(median 18.8, low 10.6, high 38.2).
P/B 1.95 is at the 5th percentile (median 4.41).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | ARABIAN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.1% | -2.8% | +3.9 pts |
| 1 month | +7.3% | -6.8% | +14.1 pts |
| 3 months | +27.5% | -7.6% | +35.2 pts |
| 6 months | +20.5% | +0.4% | +20.1 pts |
| 1 year | +17.9% | -9.9% | +27.8 pts |
| 2 years | +3.9% | -13.6% | +17.5 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -93% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 16% of total assets in 2026 |
| explain | Share dilution Share count up 36% in a year, 5350% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹200 Cr +38.9% vs Mar 2024.
Net profit ₹5 Cr +66.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Castrol India Ltd | 19,766 | 18.3 | 60.3 % |
| Gulf Oil Lubricants India Ltd | 5,482 | 13.8 | 27.2 % |
| Savita Oil Technologies Ltd | 4,921 | 11.5 | 14.0 % |
| Panama Petrochem Ltd | 2,906 | 6.07 | 19.2 % |
| Gandhar Oil Refinery (India) Ltd | 2,676 | 8.88 | 13.3 % |
| Veedol Corporation Ltd | 2,360 | 10.7 | 24.1 % |
| GP Petroleums Ltd | 314 | 7.22 | 10.8 % |
| Greenhitech Ventures Ltd | 47 | 62.4 | 2.48 % |
| Sundrex Oil Company Ltd | 38 | 7.10 | 21.2 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Arabian Petroleum Ltd?
Arabian Petroleum Ltd (ARABIAN) has a market capitalisation of Rs 95.8 Cr. at the 2026-10-01 close.
What is the P/E ratio of Arabian Petroleum Ltd?
Arabian Petroleum Ltd trades at a P/E of 8.51 on trailing twelve-month profit, at the 2026-10-01 close.
What were Arabian Petroleum Ltd's latest quarterly results?
In the Mar 2026 quarter, Arabian Petroleum Ltd sales was Rs 200 Cr (+38.9% vs Mar 2024) and net profit was Rs 5 Cr.
What is the 52-week high and low of Arabian Petroleum Ltd?
The 52-week high is Rs 94.30 and the 52-week low is Rs 63.20.