Agarwal Industrial Corporation
AGARIND NSE
Agarwal Industrial Corporation
ChemicalsNSE: AGARIND BSE: 531921 Petrochemicals
Key Fundamentals
MicrocapPetrochemicalsChemicalsMarket Cap
₹638 Cr
Volatility
Moderate
P/E Ratio
15.79
EBITDA
₹135 Cr
Return on Equity
6.32%
Debt to Equity
0.49
Book Value
₹460.64
EPS
₹80.66
52W High
₹1,006
52W Low
₹360
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
3- Company has reduced debt.
- Stock is trading at 0.94 times its book value
- Company's median sales growth is 20.5% of last 10 years
Weaknesses
2- Company might be capitalizing the interest cost
- Dividend payout has been low at 6.57% of profits over last 3 years
Growth Rate
Revenue Growth
-30.7% lower than
3Y
Net Income Growth
-62.32% lower than
3Y
Cash Flow Change
135% higher than
3Y
ROE
-65.75% lower than
3Y
ROCE
-49.8% higher than
3Y
EBITDA Margin (Avg.)
-8.49% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 629 | 232 | 488 | 776 | 708 | 326 | 542 | 823 | 594 | 245 | 408 | 405 | 433 |
| Expenses | 587 | 205 | 444 | 716 | 648 | 290 | 489 | 770 | 557 | 217 | 388 | 373 | 403 |
| Operating Profit | 42 | 27 | 44 | 60 | 60 | 35 | 53 | 54 | 36 | 28 | 21 | 32 | 30 |
| OPM % | 7% | 12% | 9% | 8% | 8% | 11% | 10% | 6% | 6% | 11% | 5% | 8% | 7% |
| Other Income | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 5 | 2 | 5 | 5 | 6 | 3 |
| Interest | 4 | 4 | 5 | 8 | 8 | 6 | 7 | 9 | 8 | 7 | 7 | 5 | 5 |
| Depreciation | 6 | 7 | 7 | 10 | 10 | 10 | 15 | 12 | 13 | 13 | 13 | 13 | 14 |
| PBT | 32 | 18 | 33 | 44 | 44 | 20 | 34 | 37 | 17 | 14 | 5 | 20 | 14 |
| Tax % | 14% | 12% | 17% | 13% | 11% | 9% | 18% | 17% | 22% | 12% | 40% | 23% | 24% |
| Net Profit | 28 | 16 | 28 | 38 | 39 | 18 | 28 | 31 | 13 | 12 | 3 | 16 | 10 |
| EPS in Rs | 18.43 | 10.7 | 18.47 | 25.41 | 26.07 | 12.33 | 18.52 | 20.42 | 8.71 | 8.02 | 1.87 | 10.53 | 6.92 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 222 | 281 | 297 | 414 | 531 | 787 | 904 | 1,598 | 2,015 | 2,125 | 2,399 | 1,652 | 1,492 |
| Expenses | 206 | 260 | 271 | 383 | 494 | 741 | 832 | 1,492 | 1,879 | 1,952 | 2,197 | 1,535 | 1,381 |
| Operating Profit | 16 | 21 | 26 | 31 | 37 | 46 | 71 | 106 | 136 | 173 | 202 | 117 | 111 |
| OPM % | 7% | 8% | 9% | 7% | 7% | 6% | 8% | 7% | 7% | 8% | 8% | 7% | 7% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 4 | 9 | 5 | 11 | 18 | 19 |
| Interest | 4 | 7 | 7 | 9 | 9 | 9 | 10 | 12 | 12 | 21 | 30 | 28 | 25 |
| Depreciation | 4 | 5 | 6 | 8 | 8 | 9 | 14 | 20 | 23 | 30 | 48 | 52 | 53 |
| PBT | 8 | 10 | 14 | 15 | 20 | 31 | 49 | 78 | 110 | 127 | 135 | 55 | 52 |
| Tax % | 30% | 31% | 37% | 30% | 34% | 18% | 17% | 18% | 16% | 14% | 14% | 21% | — |
| Net Profit | 6 | 7 | 9 | 10 | 13 | 26 | 41 | 64 | 92 | 109 | 116 | 44 | 41 |
| EPS in Rs | 10.67 | 12.46 | 8.82 | 10.02 | 13.11 | 24.91 | 39.51 | 48.22 | 61.68 | 73.02 | 77.34 | 29.13 | 27.34 |
| Div. Payout % | 14% | 17% | 17% | 15% | 14% | 6% | 5% | 4% | 4% | 4% | 4% | 11% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 8 | 10 | 10 | 10 | 10 | 10 | 13 | 15 | 15 | 15 | 15 |
| Reserves | 38 | 65 | 101 | 112 | 123 | 147 | 186 | 281 | 389 | 496 | 612 | 674 |
| Borrowings | 41 | 65 | 74 | 96 | 77 | 90 | 150 | 171 | 158 | 361 | 435 | 341 |
| Other Liabilities | 11 | 9 | 17 | 21 | 17 | 52 | 50 | 78 | 188 | 248 | 282 | 172 |
| Total Liabilities | 95 | 147 | 201 | 238 | 227 | 300 | 395 | 543 | 750 | 1,120 | 1,344 | 1,202 |
| Fixed Assets | 31 | 39 | 44 | 62 | 57 | 102 | 160 | 219 | 341 | 589 | 691 | 718 |
| CWIP | 1 | 0 | 8 | 0 | 1 | 3 | 1 | 3 | 7 | 0 | 16 | 31 |
| Investments | 2 | 3 | 6 | 9 | 9 | 7 | 6 | 12 | 26 | 36 | 34 | 38 |
| Other Assets | 62 | 105 | 143 | 168 | 161 | 188 | 229 | 309 | 376 | 495 | 604 | 415 |
| Total Assets | 95 | 147 | 201 | 238 | 227 | 300 | 395 | 543 | 750 | 1,120 | 1,344 | 1,202 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 2 | 13 | -12 | 8 | 30 | 49 | 49 | 65 | 157 | 112 | 100 | 235 |
| Investing | -7 | -9 | -21 | -20 | -4 | -54 | -44 | -69 | -158 | -276 | -157 | -89 |
| Financing | 1 | -1 | 27 | 10 | -27 | 7 | 21 | 19 | -15 | 178 | 40 | -128 |
| Net Cash Flow | -3 | 3 | -6 | -1 | -1 | 2 | 27 | 14 | -17 | 13 | -18 | 18 |
| Free Cash Flow | -3 | 5 | -30 | -10 | 26 | -7 | 4 | 0 | 9 | -158 | -65 | 164 |
| CFO/OP | 22 | 78 | -32 | 45 | 92 | 123 | 78 | 74 | 129 | 75 | 60 | 212 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 100 | 129 | 100 | 78 | 64 | 54 | 37 | 35 | 46 | 41 | 34 |
| Inventory Days | 22 | 13 | 29 | 43 | 23 | 16 | 24 | 18 | 25 | 28 | 38 | 35 |
| Days Payable | 14 | 3 | 4 | 16 | 6 | 24 | 17 | 15 | 36 | 47 | 50 | 44 |
| Cash Conversion Cycle | 75 | 110 | 154 | 126 | 95 | 56 | 62 | 40 | 25 | 26 | 29 | 24 |
| Working Capital Days | 19 | 36 | 70 | 55 | 49 | 20 | 22 | 13 | 14 | 0 | 0 | -12 |
| ROCE % | 16% | 15% | 13% | 12% | 14% | 17% | 20% | 22% | 23% | 20% | 17% | 8% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Agarwal Industrial Corporation insights
63 extracted metrics + investor summaries across FY10–FY26.
Documents
1
Announcement
5 May - Bulk Bitumen Storage commercial operations commenced at Mangalore facilities, strengthening supply chain capabilities. 5 May - Bulk Bitumen Storage commercial operations commenced at Mangalore facilities, strengthening supply chain capabilities.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required. 28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required.
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required. 28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Apr - Newspaper Publication for Second 100 days campaign 25 Apr - Newspaper Publication for Second 100 days campaign
5
Announcement under Regulation 30 (LODR)-Newspaper Publication
13h - Newspaper Publication for Second 100 days campaign 13h - Newspaper Publication for Second 100 days campaign
4
Letter Sent To Shareholders Pursuant To Regulation 36(1)(B) Of SEBI (LODR) Regulations2015 29 Aug 2026
General_Announcements
Frequently Asked Questions about Agarwal Industrial Corporation
What does Agarwal Industrial Corporation Ltd do?
Agarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills.[1]
Where is Agarwal Industrial Corporation Ltd (AGARIND) listed?
Agarwal Industrial Corporation Ltd trades as AGARIND on the NSE and under code 531921 on the BSE.
Which sector does Agarwal Industrial Corporation Ltd belong to?
Agarwal Industrial Corporation Ltd is classified under the Chemicals sector, in the Petrochemicals industry.
What is the market capitalisation of Agarwal Industrial Corporation Ltd?
Agarwal Industrial Corporation Ltd has a market capitalisation of ₹637.65 Cr, which places it in the Small Cap band.
What is the PE ratio of Agarwal Industrial Corporation Ltd?
Agarwal Industrial Corporation Ltd trades at a PE ratio of 15.79, on earnings per share of ₹80.66, against a book value of ₹460.64 per share.
What is the 52-week high and low of Agarwal Industrial Corporation Ltd?
Over the last 52 weeks Agarwal Industrial Corporation Ltd has traded between ₹360 and ₹1,006.
Does Agarwal Industrial Corporation Ltd pay dividends?
Agarwal Industrial Corporation Ltd has a dividend yield of 0.76%.
What is the Return on Equity (ROE) of Agarwal Industrial Corporation Ltd?
Agarwal Industrial Corporation Ltd reported a return on equity of 6.32%. Its debt-to-equity ratio is 0.49.
Company Information
Agarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills.[1]
Website aicltd.in
CEO Mr. Jaiprakash Rahulkumar Agarwal
Employees 102
Listed 2014-05-26
Face Value ₹ 10
Issued Size 1,49,57,789
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