Mumbai-headquartered manufacturer of industrial and automotive lubricants (Arzol brand) running two Ambernath plants, serving OEM, defense/PSU tender and export customers across 30+ countries.
Price
Market Cap
Sector
Energy
Rank
| Line item | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|
| LiabilitiesEquity Capital | 11 | 11 | 11 | 11 |
| Reserves | 38 | 47 | 53 | 58 |
| Borrowings | 35 | 28 | 37 | 48 |
| Other Liabilities | 15 | 20 | 20 | 55 |
| Total Liabilities | 99 | 107 | 121 | 172 |
| AssetsFixed Assets | 13 | 12 | 12 | 13 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 1 | 1 |
| Other Assets | 86 | 94 | 109 | 158 |
| Total Assets | 99 | 107 | 121 | 172 |
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ActivitiesCash from Operating | -9 | 12 | -15 |
| Cash from Investing | -1 | -1 | -3 |
| Cash from Financing | 14 | -10 | 16 |
| SummaryCapital Expenditure | — | — | — |
| Free Cash Flow | -10 | 12 | -18 |
| FCF Margin | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
ARABIAN · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.