MarketFriction

Agarwal Industrial Corporation Ltd

NSE AGARIND · BSE 531921 · Petrochemicals
₹386.00 -1.52%
NSE close2026-10-01
52 week range360.00 - 951.00
Market cap₹589 Cr.
P/E14.4
Price band 20% Delivery 69.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales232488776708326542823594245408405433
Expenses205444716648290489770557217388373403
Operating Profit274460603553543628213230
OPM %12%9%8%8%11%10%6%6%11%5%8%7%
Other Income212222525563
Interest458867987755
Depreciation7710101015121313131314
Profit before tax18334444203437171452014
Tax %12%17%13%11%9%18%17%22%12%40%23%24%
Net Profit16283839182831131231610
EPS in Rs10.7018.4725.4126.0712.3318.5220.428.718.021.8710.536.92
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2812974145317879041,5982,0152,1252,3991,6521,492
Expenses2602713834947418321,4921,8791,9522,1971,5351,381
Operating Profit212631374671106136173202117111
OPM %8%9%7%7%6%8%7%7%8%8%7%7%
Other Income111132495111819
Interest7799910121221302825
Depreciation5688914202330485253
Profit before tax101415203149781101271355552
Tax %31%37%30%34%18%17%18%16%14%14%21%
Net Profit791013264164921091164441
EPS in Rs12.468.8210.0213.1124.9139.5148.2261.6873.0277.3429.1327.34
Dividend Payout %17%17%15%14%6%5%4%4%4%4%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth19%13%-6%-35%
Compounded Profit Growth20%0%-23%-54%
Stock Price CAGR6%2%-24%-58%
Return on Equity18%18%16%6%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6810101010101315151515
Reserves3865101112123147186281389496612674
Borrowings416574967790150171158361435341
Other Liabilities119172117525078188248282172
Total Liabilities951472012382273003955437501,1201,3441,202
Fixed Assets3139446257102160219341589691718
CWIP10801313701631
Investments23699761226363438
Other Assets62105143168161188229309376495604415
Total Assets951472012382273003955437501,1201,3441,202
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity213-12830494965157112100235
Cash from Investing Activity-7-9-21-20-4-54-44-69-158-276-157-89
Cash from Financing Activity1-12710-2772119-1517840-128
Net Cash Flow-33-6-1-122714-1713-1818
Free Cash Flow-35-30-1026-7409-158-65164
CFO/OP22%78%-32%45%92%123%78%74%129%75%60%212%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days671001291007864543735464134
Inventory Days221329432316241825283835
Days Payable143416624171536475044
Cash Conversion Cycle751101541269556624025262924
Working Capital Days19367055492022131400-12
ROCE %16%15%13%12%14%17%20%22%23%20%17%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters57.20%57.20%57.20%57.20%57.20%57.20%57.20%57.20%57.20%57.20%57.20%57.20%
FIIs6.24%6.24%6.32%5.97%5.51%6.26%5.98%6.04%5.91%5.05%4.69%2.37%
DIIs0.08%0.14%0.17%0.48%0.38%0.38%0.54%0.01%0.01%0.01%0.01%0.06%
Public36.49%36.43%36.32%36.35%36.91%36.16%36.28%36.75%36.88%37.75%38.11%40.37%
No. of Shareholders17,76516,67216,56220,88722,83520,55320,11920,01120,09419,37918,78019,959

Fundamentals

Market Cap₹ 589 Cr.
Current Price₹ 391
Stock P/E14.4
Book Value₹ 461
ROCE7.73 %
ROE6.21 %
Dividend Yield0.84 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-35%
Compounded Profit Growth (TTM)-54%
Consolidated figures.
Valuation
Market capRs 577 Cr
Enterprise valueRs 846 Cr
P/E (TTM)14.12x
Price to book0.84x
Price to sales0.39x
EV / EBITDA6.53x
EV / EBIT11.03x
EV / sales0.57x
Price to cash flow2.46x
Earnings yield7.08%
Dividend yield0.86%
P/E, 3-year average12.00x
P/B, 3-year average1.82x
P/E, 5-year average11.84x
P/B, 5-year average2.12x
Profitability
Operating margin (excl. other income)7.11%
Operating margin (incl. other income)8.18%
EBITDA margin8.69%
Pre-tax margin3.50%
Net profit margin2.74%
Net margin, latest quarter2.39%
ROE6.62%
ROCE7.94%
ROA3.42%
ROE, 3-year average16.94%
ROCE, 3-year average15.22%
ROA, 3-year average8.17%
ROE, 5-year average20.64%
ROCE, 5-year average18.32%
ROA, 5-year average10.47%
ROIC (approx.)6.32%
Tax rate21.14%
Other income / net worth2.55%
Growth
Sales growth (latest year)-31.13%
Profit growth (latest year)-62.34%
Sales CAGR, 3 years-6.40%
Sales CAGR, 5 years12.82%
Profit CAGR, 3 years-22.13%
Profit CAGR, 5 years1.46%
Sales growth QoQ6.89%
Profit growth QoQ-34.29%
Sales growth YoY (latest quarter)-27.00%
Profit growth YoY (latest quarter)-20.57%
Per share
EPS (TTM)Rs 27.34
EPS (latest year)Rs 29.13
EPS (latest quarter)Rs 6.92
EPS, 3-year averageRs 59.83
EPS, 5-year averageRs 57.88
Book value per shareRs 460.64
Sales per shareRs 997.43
Cash flow per shareRs 157.05
Free cash flow per shareRs 109.64
Dividend per share (latest year)Rs 3.30
Dividend per share, 3-year averageRs 3.20
Dividend per share, 5-year averageRs 2.82
Dividends
Dividend payout11.34%
Dividend payout, 3-year average6.57%
Dividend payout, 5-year average5.58%
Efficiency
Asset turnover1.37x
Fixed asset turnover2.30x
Inventory turnover12.63x
Inventory days29 days
Debtor days34 days
Debtors turnover10.88x
Creditor days44 days
Cash conversion cycle24 days
Working capital days-12 days
Leverage
Total debtRs 341 Cr
Cash and bankRs 73 Cr
Net debtRs 269 Cr
Debt to equity0.50x
Net debt / EBITDA2.07x
Interest coverage3.13x
Owners' fund to total sources57.32%
Debt to assets28.40%
Cash flow
Cash from Operating Activity (latest year)Rs 235 Cr
Cash from Investing Activity (latest year)Rs -89 Cr
Cash from Financing Activity (latest year)Rs -128 Cr
Net Cash Flow (latest year)Rs 18 Cr
Free cash flow (latest year)Rs 164 Cr
FCFE (approx.: FCF + change in debt)Rs 70 Cr
Cash from ops / profit, 5 years1.57x
Sales to cash flow7.03x
Statement figures
Net sales (TTM)Rs 1,492 Cr
Net sales (latest year)Rs 1,652 Cr
Sales (latest quarter)Rs 433 Cr
Operating profit excl. other income (latest year)Rs 117 Cr
Operating profit (latest quarter)Rs 30 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 130 Cr
PBDT (TTM)Rs 105 Cr
Profit before tax (TTM)Rs 52 Cr
Tax (latest year)Rs 12 Cr
Net profit (TTM)Rs 41 Cr
Net profit (latest year)Rs 44 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 53 Cr
Depreciation (latest quarter)Rs 14 Cr
Interest (TTM)Rs 25 Cr
Cost of goods sold (latest year)Rs 1,486 Cr
Total expenditure (latest year)Rs 1,535 Cr
Total income (latest year)Rs 1,670 Cr
Share capitalRs 15 Cr
ReservesRs 674 Cr
Shareholders' fundsRs 689 Cr
Total assetsRs 1,202 Cr
Net blockRs 718 Cr
Capital work in progressRs 31 Cr
InvestmentsRs 38 Cr
ReceivablesRs 152 Cr
InventoryRs 118 Cr
Other liabilitiesRs 172 Cr
Shares outstanding (crore)1.50
Ownership
Promoter holding57.20% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 14.1 is at the 43th percentile of its own 9.4-year range (median 14.3, low 4.1, high 115.2).
P/B 0.84 is at the 7th percentile (median 2.67).
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.
PeriodAGARINDNifty 50Difference
1 week-3.5%-2.8% -0.7 pts
1 month-12.8%-6.8% -6.0 pts
3 months-27.7%-7.6% -20.1 pts
6 months+6.5%+0.4% +6.0 pts
1 year-59.9%-9.9% -50.0 pts
2 years-68.0%-13.6% -54.4 pts
3 years-57.0%+14.2% -71.2 pts
5 years+13.8%+27.9% -14.0 pts

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
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

Jun 2026
Sales ₹433 Cr -27.1% vs Jun 2025. Net profit ₹10 Cr -23.1%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Supreme Petrochem Ltd15,64231.918.8 %
Swan Corp Ltd8,90439.8-0.58 %
Rain Industries Ltd7,24513.58.26 %
Bhansali Engineering Polymers Ltd3,09315.523.8 %
Manali Petrochemicals Ltd1,38011.67.25 %
DCW Ltd1,35719.09.89 %
Tamil Nadu Petro Products Ltd1,1328.3010.9 %
Kothari Petrochemicals Ltd75910.528.6 %
Pasupati Acrylon Ltd6727.0021.2 %
Neptune Petrochemicals Ltd43414.331.6 %
Rajputana Biodiesel Ltd14015.422.0 %
Amtech Esters Ltd10324.628.2 %
Indian Acrylics Ltd78-3.26 %
Polylink Polymers (India) Ltd5034.35.59 %
Nexxus Petro Industries Ltd468.0918.8 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-17Dividend - Rs 3.30 Per Share
2025-09-16Dividend - Rs 3.30 Per Share
2024-09-06Dividend - Rs 3 Per Share
2023-09-08Dividend - Rs 2.50 Per Share
2022-09-22Annual General Meeting/Dividend - Rs 2 Per Share
2021-09-22 Dividend - Rs 1.80 Per Share
2020-09-22 Annual General Meeting/Dividend - Rs 1.50 Per Share
2019-09-20 Annual General Meeting/Dividend - Rs 1.80 Per Share
2018-09-19 Annual General Meeting/Dividend Rs 1.50 Per Share
2017-09-22 Annual General Meeting/Dividend - Rs 1.50 Per Share
2016-09-14 Annual General Meeting/Dividend - Rs 1.50 Per Share
2015-09-22 Dividend - Rs 1.50/- Per Share
2014-09-19Annual General Meeting / Dividend - Rs 1.40/- Per Share
DateTypeWhat it says
2026-09-24Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-24Shareholder meetingVoting results.
2026-09-15Record DateRecord date for the purpose of Dividend is 17-Sep-2026.
2026-08-29General UpdatesGeneral Updates
2026-08-29Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-08-13Record DateRecord date for the purpose of Dividend is 17-Sep-2026.
2026-08-13Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-08-13Board meeting outcomeApproval of Un-audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026 and other agenda
2026-06-19Disclosure under SEBI TakeovLalit Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-06-03Order winBagging/Receiving of orders/contracts
2026-05-29DividendBoard of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 3.3 per equity share.
2026-05-29Board meeting outcomeAgarwal Industrial Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-19Disclosure under SEBI TakeovLalit Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-05-05General UpdatesGeneral Updates
2026-03-12Credit RatingCredit Rating
2026-02-16General UpdatesGeneral Updates
2026-02-16General UpdatesGeneral Updates
2026-02-14Board meeting outcomeAgarwal Industrial Corporation Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-02Order winBagging/Receiving of orders/contracts
2026-01-29General UpdatesGeneral Updates
2025-11-13Board meeting outcomeAgarwal Industrial Corporation Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-11-07General UpdatesGeneral Updates
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.
High low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Agarwal Industrial Corporation Ltd?

Agarwal Industrial Corporation Ltd (AGARIND) has a market capitalisation of Rs 589 Cr. at the 2026-10-01 close.

What is the P/E ratio of Agarwal Industrial Corporation Ltd?

Agarwal Industrial Corporation Ltd trades at a P/E of 14.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Agarwal Industrial Corporation Ltd's latest quarterly results?

In the Jun 2026 quarter, Agarwal Industrial Corporation Ltd sales was Rs 433 Cr (-27.1% vs Jun 2025) and net profit was Rs 10 Cr.

What is the 52-week high and low of Agarwal Industrial Corporation Ltd?

The 52-week high is Rs 951.00 and the 52-week low is Rs 360.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03