Arex Industries Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Arex Industries Ltd?

Arex Industries Ltd is trading at 97.60 as of 22 April 2026, with a FY2026-2027 high of 175 and low of 96.6. The stock is currently near its 52-week low. Market cap stands at 35.1 Cr..

Q: Is Arex Industries Ltd financially healthy?

Key indicators: ROCE of 11.8 % is moderate. Dividend yield is 0.00 %.

Q: Is Arex Industries Ltd profitable and how is the profit trend?

Arex Industries Ltd reported a net profit of 3 Cr in Mar 2025 on revenue of 51 Cr. Compared to 4 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹109.73Undervalued by 12.43%vs CMP ₹97.60

P/E (19.8) × ROE (9.1%) × BV (₹74.80) × DY (2.00%)

₹83.37Overvalued by 14.58%vs CMP ₹97.60

MoS: -17.1% (Negative)Confidence: 48/100 (Moderate)Models: 2 Under, 2 Fair, 5 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹96.47	23%	Fair (-1.2%)
Graham Number	Earnings	₹90.90	16%	Fair (-6.9%)
Earnings Power	Earnings	₹22.29	11%	Over (-77.2%)
DCF	Cash Flow	₹18.73	14%	Over (-80.8%)
Net Asset Value	Assets	₹74.85	7%	Over (-23.3%)
EV/EBITDA	Enterprise	₹243.36	9%	Under (+149.3%)
Earnings Yield	Earnings	₹49.10	7%	Over (-49.7%)
ROCE Capital	Returns	₹36.98	7%	Over (-62.1%)
Revenue Multiple	Revenue	₹142.20	5%	Under (+45.7%)
Consensus (9 models)		₹83.37	100%	Overvalued

Key Drivers: Wide model spread (₹19–₹243) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -12.1%

*Investments are subject to market risks

Analyst Summary

Arex Industries Ltd operates in the Textiles - Processing/Texturising segment, NSE: AREXMIS | BSE: 526851, current market price is ₹97.60, market cap is 35.1 Cr.. At a glance, stock P/E is 19.8, ROE is 9.08 %, ROCE is 11.8 %, book value is 74.8, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹83.37, around 14.6% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹51 Cr versus the prior period change of 0.3%, while latest net profit is about ₹3 Cr with a prior-period change of 3.5%. The 52-week range shown on this page is 175/96.6, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisArex Industries Ltd. is a Public Limited Listed company incorporated on 10/05/1989 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L9999…

This summary is generated from the stock page data available for Arex Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Arex Industries Ltd scores 50/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health54/100 · Moderate

ROCE 11.8% AverageROE 9.1% AverageD/E 1.07 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 70.6% Stable

Earnings Quality60/100 · Moderate

OPM stable around 17% SteadyWorking capital: 30 days (improving) Efficient

Quarterly Momentum30/100 · Weak

Revenue (4Q): -4% YoY FlatProfit (4Q): -27% YoY DecliningOPM: 11.7% (down 7.9% YoY) Margin pressure

Industry Rank55/100 · Moderate

P/E 19.8 vs industry 44.4 Cheaper than peersROCE 11.8% vs industry 11.1% Average3Y sales CAGR: -2% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: March 31, 2026, 4:08 am

Market Cap	35.1 Cr.
Current Price	97.6
Intrinsic Value	₹83.37
High / Low	175/96.6
Stock P/E	19.8
Book Value	74.8
Dividend Yield	0.00 %
ROCE	11.8 %
ROE	9.08 %
Face Value	10.0
PEG Ratio	-1.64

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Arex Industries Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Arex Industries Ltd	35.1 Cr.	97.6	175/96.6	19.8	74.8	0.00 %	11.8 %	9.08 %	10.0
Gini Silk Mills Ltd	27.8 Cr.	49.6	130/42.5	16.4	91.2	0.00 %	3.23 %	2.24 %	10.0
Jakharia Fabric Ltd	73.8 Cr.	60.5	60.7/25.8	23.3	18.2	0.00 %	17.7 %	15.4 %	10.0
Sarla Performance Fibers Ltd	631 Cr.	75.5	128/65.0	10.6	61.6	3.97 %	14.9 %	13.9 %	1.00
Anjani Synthetics Ltd	34.4 Cr.	23.3	58.2/20.2	10.3	59.6	0.00 %	6.04 %	3.90 %	10.0
Industry Average	1,220.29 Cr	126.56		44.42	81.39	0.37%	11.07%	12.57%	7.18

All Competitor Stocks of Arex Industries Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	11.19	10.87	11.68	12.80	13.05	13.48	12.97	12.34	13.20	12.64	11.27	13.01	12.99
Expenses	9.26	9.40	9.82	10.40	9.53	12.16	10.48	10.97	10.62	10.88	9.57	10.38	11.47
Operating Profit	1.93	1.47	1.86	2.40	3.52	1.32	2.49	1.37	2.58	1.76	1.70	2.63	1.52
OPM %	17.25%	13.52%	15.92%	18.75%	26.97%	9.79%	19.20%	11.10%	19.55%	13.92%	15.08%	20.22%	11.70%
Other Income	0.02	0.07	0.00	0.00	0.00	0.09	0.00	0.65	0.00	0.04	0.00	0.00	0.00
Interest	0.45	0.36	0.40	0.36	0.32	0.25	0.26	0.16	0.35	0.32	0.29	0.29	0.26
Depreciation	1.08	1.00	1.07	1.10	1.08	0.91	1.00	1.00	1.00	1.13	1.06	1.06	1.06
Profit before tax	0.42	0.18	0.39	0.94	2.12	0.25	1.23	0.86	1.23	0.35	0.35	1.28	0.20
Tax %	28.57%	0.00%	28.21%	18.09%	30.66%	88.00%	32.52%	33.72%	20.33%	25.71%	25.71%	21.09%	-35.00%
Net Profit	0.29	0.17	0.28	0.77	1.47	0.03	0.83	0.57	0.98	0.26	0.25	1.00	0.26
EPS in Rs	0.73	0.43	0.71	1.95	3.71	0.08	2.10	1.58	2.72	0.72	0.69	2.78	0.72

Last Updated: February 3, 2026, 4:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 9:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	31.70	33.04	32.15	34.94	37.66	40.72	47.17	40.88	53.75	45.02	51.01	51.14	49.91
Expenses	23.16	25.22	24.44	26.45	29.62	31.10	37.89	34.02	42.53	38.20	41.93	42.99	42.30
Operating Profit	8.54	7.82	7.71	8.49	8.04	9.62	9.28	6.86	11.22	6.82	9.08	8.15	7.61
OPM %	26.94%	23.67%	23.98%	24.30%	21.35%	23.62%	19.67%	16.78%	20.87%	15.15%	17.80%	15.94%	15.25%
Other Income	-0.13	0.08	0.06	-0.06	0.11	0.42	0.15	0.08	0.04	0.23	0.10	0.74	0.04
Interest	1.07	0.77	0.72	1.02	1.09	2.54	3.13	2.98	2.11	1.81	1.33	1.09	1.16
Depreciation	4.05	3.13	2.54	2.51	2.54	4.02	4.85	4.76	4.49	4.23	4.16	4.13	4.31
Profit before tax	3.29	4.00	4.51	4.90	4.52	3.48	1.45	-0.80	4.66	1.01	3.69	3.67	2.18
Tax %	33.13%	32.50%	36.36%	34.29%	23.67%	27.59%	38.62%	25.00%	20.60%	30.69%	31.17%	28.07%
Net Profit	2.20	2.69	2.87	3.22	3.45	2.52	0.88	-1.00	3.70	0.70	2.54	2.63	1.77
EPS in Rs	5.56	6.80	7.25	8.13	8.71	6.37	2.22	-2.53	9.35	1.77	6.42	7.31	4.91
Dividend Payout %	16.20%	13.25%	41.39%	24.60%	22.96%	31.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	22.27%	6.69%	12.20%	7.14%	-26.96%	-65.08%	-213.64%	470.00%	-81.08%	262.86%	3.54%
Change in YoY Net Profit Growth (%)	0.00%	-15.58%	5.50%	-5.05%	-34.10%	-38.12%	-148.56%	683.64%	-551.08%	343.94%	-259.31%

Arex Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	2%
3 Years:	-2%
TTM:	-5%

Compounded Profit Growth
10 Years:	0%
5 Years:	25%
3 Years:	-11%
TTM:	-34%

Stock Price CAGR
10 Years:	17%
5 Years:	10%
3 Years:	-13%
1 Year:	-19%

Return on Equity
10 Years:	8%
5 Years:	6%
3 Years:	7%
Last Year:	9%

Last Updated: September 5, 2025, 2:21 pm

Balance Sheet

Last Updated: March 3, 2026, 12:30 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	3.96	3.96	3.96	3.96	3.96	3.96	3.96	3.96	3.96	3.96	3.96	3.60	3.60
Reserves	10.53	12.79	14.23	17.67	20.21	21.76	21.69	20.70	24.41	25.11	27.65	22.07	23.32
Borrowings	8.85	5.57	10.30	12.97	29.96	35.38	32.00	31.06	23.32	17.75	10.49	12.34	10.72
Other Liabilities	3.67	2.80	4.99	3.39	5.35	6.42	6.53	6.94	6.77	5.88	8.06	8.62	8.16
Total Liabilities	27.01	25.12	33.48	37.99	59.48	67.52	64.18	62.66	58.46	52.70	50.16	46.63	45.80
Fixed Assets	15.07	13.68	17.68	20.15	17.78	46.36	43.21	39.41	36.14	33.39	30.36	26.99	24.85
CWIP	0.35	0.00	1.80	0.00	23.85	0.00	0.00	0.00	0.49	0.00	0.03	0.88	2.61
Investments	0.02	0.03	1.03	1.26	0.12	0.02	0.00	1.01	0.00	0.00	0.00	0.00	0.00
Other Assets	11.57	11.41	12.97	16.58	17.73	21.14	20.97	22.24	21.83	19.31	19.77	18.76	18.34
Total Assets	27.01	25.12	33.48	37.99	59.48	67.52	64.18	62.66	58.46	52.70	50.16	46.63	45.80

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	4.30	4.83	7.16	2.59	7.73	6.83	9.79	7.48	10.46	8.12	9.50	8.91
Cash from Investing Activity +	-4.39	-1.32	-9.29	-3.28	-22.81	-8.17	-1.57	-1.86	-0.60	-0.73	-0.94	-0.79
Cash from Financing Activity +	0.10	-3.45	2.05	1.02	14.94	1.07	-8.19	-5.65	-9.85	-7.38	-8.59	-8.09
Net Cash Flow	0.01	0.06	-0.08	0.33	-0.15	-0.26	0.02	-0.03	0.01	0.00	-0.03	0.02
Free Cash Flow	-0.18	3.46	-1.18	-0.72	-16.33	-1.57	8.12	6.55	8.73	7.23	8.35	7.35
CFO/OP	71%	83%	113%	52%	111%	81%	109%	108%	103%	116%	106%	126%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.31	2.25	-2.59	-4.48	-21.92	-25.76	-22.72	-24.20	-12.10	-10.93	-1.41	-4.19

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	68.62	62.53	80.27	82.21	79.96	94.12	82.64	103.21	64.10	66.00	68.41	57.60
Inventory Days	110.40	107.11	137.21	139.33	126.72	201.12	198.88	224.84	228.87	234.62	191.74	194.58
Days Payable	6.63	3.77	19.66	17.54	31.68	81.26	100.09	107.42	92.02	82.61	94.31	113.61
Cash Conversion Cycle	172.39	165.87	197.82	204.00	175.00	213.98	181.42	220.64	200.95	218.01	165.84	138.57
Working Capital Days	42.14	43.53	32.36	53.90	64.55	68.48	65.00	82.32	51.95	74.99	63.83	29.55
ROCE %	20.35%	20.81%	20.55%	19.21%	12.62%	9.86%	7.65%	3.78%	12.64%	5.52%	11.27%	11.76%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	66.65%	70.53%	70.53%	70.53%	70.53%	70.53%	70.48%	70.48%	70.48%	70.60%	70.60%	70.60%
Public	33.34%	29.45%	29.46%	29.46%	29.45%	29.46%	29.51%	29.51%	29.51%	29.38%	29.38%	29.39%
No. of Shareholders	2,438	2,386	2,400	2,265	2,299	2,381	2,641	2,640	2,457	2,408	2,380	2,362

Shareholding Pattern Chart

No. of Shareholders

Arex Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	7.32	6.42	1.77	9.34	-2.54
Diluted EPS (Rs.)	7.32	6.42	1.77	9.34	-2.54
Cash EPS (Rs.)	18.80	16.93	12.47	20.69	9.49
Book Value[Excl.RevalReserv]/Share (Rs.)	71.34	79.85	73.43	71.66	62.28
Book Value[Incl.RevalReserv]/Share (Rs.)	71.34	79.85	73.43	71.66	62.28
Revenue From Operations / Share (Rs.)	142.11	128.86	113.73	135.78	103.26
PBDIT / Share (Rs.)	24.71	23.19	17.83	28.42	17.53
PBIT / Share (Rs.)	13.23	12.68	7.13	17.07	5.50
PBT / Share (Rs.)	10.19	9.33	2.55	11.75	-2.04
Net Profit / Share (Rs.)	7.32	6.42	1.77	9.34	-2.54
PBDIT Margin (%)	17.38	17.99	15.67	20.93	16.97
PBIT Margin (%)	9.30	9.84	6.27	12.57	5.32
PBT Margin (%)	7.16	7.23	2.24	8.65	-1.97
Net Profit Margin (%)	5.15	4.98	1.55	6.87	-2.45
Return on Networth / Equity (%)	10.26	8.04	2.41	13.03	-4.07
Return on Capital Employeed (%)	14.40	12.41	6.68	14.64	4.24
Return On Assets (%)	5.64	5.07	1.32	6.32	-1.60
Long Term Debt / Equity (X)	0.20	0.20	0.39	0.56	1.02
Total Debt / Equity (X)	0.48	0.33	0.61	0.82	1.07
Asset Turnover Ratio (%)	1.06	0.99	0.81	0.88	0.64
Current Ratio (X)	1.32	1.94	1.73	1.65	1.84
Quick Ratio (X)	0.74	1.12	0.88	0.86	1.12
Inventory Turnover Ratio (X)	6.47	1.73	1.46	1.74	1.72
Interest Coverage Ratio (X)	8.13	6.91	3.89	5.34	2.33
Interest Coverage Ratio (Post Tax) (X)	3.41	2.92	1.39	2.76	0.66
Enterprise Value (Cr.)	66.54	65.94	49.05	83.11	53.76
EV / Net Operating Revenue (X)	1.30	1.29	1.09	1.55	1.32
EV / EBITDA (X)	7.48	7.18	6.95	7.39	7.75
MarketCap / Net Operating Revenue (X)	1.06	1.09	0.70	1.12	0.67
Price / BV (X)	2.12	1.76	1.09	2.12	1.12
Price / Net Operating Revenue (X)	1.06	1.09	0.70	1.12	0.67
EarningsYield	0.04	0.04	0.02	0.06	-0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Arex Industries Ltd. is a Public Limited Listed company incorporated on 10/05/1989 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L99999GJ1989PLC012213 and registration number is 012213. Currently company belongs to the Industry of Textiles - Processing/Texturising. Company's Total Operating Revenue is Rs. 51.14 Cr. and Equity Capital is Rs. 3.60 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Textiles - Processing/Texturising	612, GIDC Industrial Estate, Chhatral, Gandhi Nagar Dist. Gujarat 382729	Contact not found

Management
Name	Position Held
Mr. Dinesh A Bilgi	Managing Director & CFO
Mr. Neel D Bilgi	Managing Director
Mr. Chirag D Bilgi	Managing Director
Mr. Pragnesh K Shah	Director
Mr. Manoj U Shah	Director
Mrs. Rekha Agarwal	Independent Director
Mr. Aviv J Divekar	Independent Director
Mr. Laxman C Tilani	Director
Mr. Sunil Bansibhai Shah	Independent Director

FAQ

What is the intrinsic value of Arex Industries Ltd and is it undervalued?

As of 22 April 2026, Arex Industries Ltd's intrinsic value is ₹83.37, which is 14.58% lower than the current market price of ₹97.60, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (9.08 %), book value (₹74.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Arex Industries Ltd?

Arex Industries Ltd is trading at ₹97.60 as of 22 April 2026, with a FY2026-2027 high of ₹175 and low of ₹96.6. The stock is currently near its 52-week low. Market cap stands at ₹35.1 Cr..

How does Arex Industries Ltd's P/E ratio compare to its industry?

Arex Industries Ltd has a P/E ratio of 19.8, which is below the industry average of 44.42. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Arex Industries Ltd financially healthy?

Key indicators for Arex Industries Ltd: ROCE of 11.8 % is moderate. Dividend yield is 0.00 %.

Is Arex Industries Ltd profitable and how is the profit trend?

Arex Industries Ltd reported a net profit of ₹3 Cr in Mar 2025 on revenue of ₹51 Cr. Compared to ₹4 Cr in Mar 2022, the net profit shows a declining trend.

Does Arex Industries Ltd pay dividends?

Arex Industries Ltd has a dividend yield of 0.00 % at the current price of ₹97.60. The company is currently not paying meaningful dividends.