Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 23.56 | 24.62 | 42.17 | 36.74 | 32.48 | 39.58 | 38.21 | 26.85 |
| Expenses | 19.60 | 24.00 | 40.57 | 37.43 | 29.11 | 37.29 | 35.42 | 25.92 |
| Operating Profit | 3.96 | 0.62 | 1.60 | -0.69 | 3.37 | 2.29 | 2.79 | 0.93 |
| OPM % | 16.81% | 2.52% | 3.79% | -1.88% | 10.38% | 5.79% | 7.30% | 3.46% |
| Other Income | 0.04 | 0.09 | 0.05 | 0.60 | 0.05 | 0.04 | 0.01 | 0.01 |
| Interest | 0.54 | 0.61 | 0.49 | 0.74 | 0.68 | 0.78 | 0.74 | 0.73 |
| Depreciation | 0.03 | 0.03 | 0.05 | 0.06 | 0.06 | -0.00 | 0.05 | 0.05 |
| Profit before tax | 3.43 | 0.07 | 1.11 | -0.89 | 2.68 | 1.55 | 2.01 | 0.16 |
| Tax % | 28.86% | 28.57% | 22.52% | -23.60% | 24.25% | 32.90% | 27.86% | 81.25% |
| Net Profit | 2.44 | 0.05 | 0.88 | -0.68 | 2.03 | 1.04 | 1.45 | 0.02 |
| EPS in Rs | 12.07 | 0.07 | 1.21 | -0.94 | 2.80 | 1.44 | 2.00 | 0.03 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 32.09 | 31.63 | 42.10 | 48.19 | 78.91 | 72.06 | 65.06 |
| Expenses | 30.57 | 30.35 | 39.81 | 43.61 | 78.00 | 66.40 | 61.33 |
| Operating Profit | 1.52 | 1.28 | 2.29 | 4.58 | 0.91 | 5.66 | 3.73 |
| OPM % | 4.74% | 4.05% | 5.44% | 9.50% | 1.15% | 7.85% | 5.73% |
| Other Income | 0.04 | 0.25 | 0.07 | 0.13 | 0.65 | 0.09 | 0.01 |
| Interest | 1.13 | 1.12 | 0.94 | 1.15 | 1.23 | 1.46 | 1.47 |
| Depreciation | 0.14 | 0.06 | 0.06 | 0.07 | 0.11 | 0.06 | 0.10 |
| Profit before tax | 0.29 | 0.35 | 1.36 | 3.49 | 0.22 | 4.23 | 2.17 |
| Tax % | 68.97% | 28.57% | 33.09% | 28.65% | 18.18% | 27.42% | 31.80% |
| Net Profit | 0.09 | 0.25 | 0.91 | 2.49 | 0.19 | 3.07 | 1.47 |
| EPS in Rs | 0.45 | 1.24 | 4.50 | 3.44 | 0.26 | 4.24 | 2.03 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 16% | 11% | -10% | ||
| Compounded Profit Growth | % | 43% | -17% | -52% | ||
| Stock Price CAGR | % | % | -14% | -58% | ||
| Return on Equity | % | 13% | 9% | 8% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2.02 | 2.02 | 2.02 | 7.24 | 7.24 | 7.24 | 7.24 |
| Reserves | -0.01 | 0.24 | 1.53 | 8.00 | 8.20 | 11.27 | 12.74 |
| Borrowings | 11.20 | 11.75 | 11.76 | 8.98 | 13.23 | 17.50 | 16.39 |
| Other Liabilities | 4.46 | 4.11 | 2.31 | 2.85 | 1.62 | 2.93 | 5.96 |
| Total Liabilities | 17.67 | 18.12 | 17.62 | 27.07 | 30.29 | 38.94 | 42.33 |
| Fixed Assets | 0.36 | 0.32 | 0.29 | 0.26 | 0.28 | 0.43 | 0.36 |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 4.43 | 4.45 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Other Assets | 17.31 | 17.80 | 17.33 | 26.81 | 30.01 | 34.08 | 37.52 |
| Total Assets | 17.67 | 18.12 | 17.62 | 27.07 | 30.29 | 38.94 | 42.33 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -8.57 | 0.06 | 1.44 | -4.99 | -0.81 | 1.62 | 3.03 |
| Cash from Investing Activity | -0.50 | -0.02 | -0.03 | -0.02 | -0.11 | -4.53 | -0.05 |
| Cash from Financing Activity | 9.61 | -0.57 | -1.02 | 5.27 | 0.98 | 2.81 | -2.49 |
| Net Cash Flow | 0.54 | -0.53 | 0.39 | 0.26 | 0.06 | -0.10 | 0.48 |
| Free Cash Flow | -9.07 | 0.04 | 1.40 | -5.02 | -0.94 | -2.93 | 2.98 |
| CFO/OP | -566% | 14% | 82% | -94% | -75% | 31% | 93% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 105.33 | 113.09 | 76.55 | 85.82 | 56.66 | 31.40 | 43.03 |
| Inventory Days | 75.33 | 87.88 | 71.38 | 110.34 | 62.02 | 77.85 | 106.97 |
| Days Payable | 47.65 | 39.80 | 15.03 | 14.18 | 5.49 | 6.36 | 12.79 |
| Cash Conversion Cycle | 133.01 | 161.17 | 132.91 | 181.97 | 113.19 | 102.90 | 137.21 |
| Working Capital Days | 18.77 | 45.35 | 47.68 | 121.19 | 71.79 | 70.86 | 77.08 |
| ROCE % | 10.80% | 15.69% | 23.93% | 5.48% | 17.59% | 10.06% |
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.77% | 69.77% | 69.77% | 59.00% | 57.55% | 57.55% | 57.55% | 57.55% | 57.55% |
| Public | 30.23% | 30.23% | 30.23% | 41.00% | 42.45% | 42.45% | 42.45% | 42.45% | 42.45% |
| No. of Shareholders | 301 | 287 | 353 | 379 | 400 | 471 | 473 | 468 | 453 |
Fundamentals
Market Cap₹ 19.6 Cr.
Current Price₹ 27.0
Stock P/E13.3
Book Value₹ 27.6
ROCE10.1 %
ROE7.64 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-10%
Compounded Profit Growth (TTM)-52%
Standalone figures.
Valuation
Market capRs 19 Cr
Enterprise valueRs 28 Cr
P/E (TTM)7.83x
Price to book1.28x
Price to sales0.40x
EV / EBITDA5.90x
EV / EBIT5.99x
EV / sales0.58x
Earnings yield12.78%
P/E, 3-year average10.76x
P/B, 3-year average1.76x
Profitability
Operating margin (excl. other income)9.50%
Operating margin (incl. other income)9.77%
EBITDA margin9.77%
Pre-tax margin7.24%
Net profit margin5.17%
ROE26.50%
ROCE23.48%
ROA11.14%
ROE, 3-year average23.18%
ROCE, 3-year average16.66%
ROA, 3-year average5.88%
ROIC (approx.)14.05%
Tax rate28.65%
Other income / net worth0.85%
Growth
Sales growth (latest year)14.47%
Profit growth (latest year)173.63%
Sales CAGR, 3 years14.52%
Profit CAGR, 3 years202.45%
Per share
EPS (TTM)Rs 3.44
EPS (latest year)Rs 3.44
EPS, 3-year averageRs 3.06
Book value per shareRs 21.04
Sales per shareRs 66.53
Cash flow per shareRs -6.89
Free cash flow per shareRs 4.11
Efficiency
Asset turnover1.78x
Fixed asset turnover185.35x
Inventory turnover3.31x
Inventory days110 days
Debtor days86 days
Debtors turnover4.25x
Creditor days13 days
Cash conversion cycle137 days
Working capital days77 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 1 Cr
Net debtRs 8 Cr
Debt to equity0.59x
Net debt / EBITDA1.77x
Interest coverage4.03x
Owners' fund to total sources56.30%
Debt to assets33.17%
Cash flow
Cash from Operating Activity (latest year)Rs -5 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years0.04x
Statement figures
Net sales (TTM)Rs 48 Cr
Net sales (latest year)Rs 48 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 41 Cr
Total expenditure (latest year)Rs 44 Cr
Total income (latest year)Rs 48 Cr
Share capitalRs 7 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 27 Cr
Net blockRs 0 Cr
ReceivablesRs 11 Cr
InventoryRs 12 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)0.72
Ownership
Promoter holding57.55% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.8 is the lowest in its own 2.8-year history
(median 55.3, low 7.8, high 338.0).
P/B 1.28 is the lowest in 3.4 years (median 15.14).
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 | AGARWALFT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.1% | -2.8% | -3.3 pts |
| 1 month | -26.9% | -6.8% | -20.1 pts |
| 3 months | -29.0% | -7.6% | -21.4 pts |
| 6 months | -32.8% | +0.4% | -33.2 pts |
| 1 year | -45.1% | -9.9% | -35.2 pts |
| 2 years | -54.4% | -13.6% | -40.8 pts |
| 3 years | -36.0% | +14.2% | -50.1 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -96% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 28% of total assets in 2026 |
| explain | Share dilution Share count up 260% in a year, 260% in three |
| look | Inventory outrunning sales Inventory grew 63% vs sales +14% in 2026 |
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 ₹27 Cr -26.9% vs Mar 2024.
Net profit ₹0 Cr +102.9%.
Against our estimate for Mar 2026: sales -39.8%, profit -98.6% miss.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Borosil Renewables Ltd | 6,660 | 16.6 | 26.6 % |
| Borosil Scientific Ltd | 1,025 | 23.0 | 12.1 % |
| Sejal Glass Ltd | 735 | 23.3 | 18.6 % |
| Agarwal Toughened Glass India Ltd | 328 | 15.2 | 23.0 % |
| Agarwal Fortune India Ltd | 7 | 108 | 11.2 % |
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.
High low price variation greater than 150perc in previous 12 monthsHigh low price variation greater than 200perc in previous 365 DaysLess than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded
Quick answers
What is the market cap of Agarwal Float Glass India Ltd?
Agarwal Float Glass India Ltd (AGARWALFT) has a market capitalisation of Rs 19.6 Cr. at the 2026-10-01 close.
What is the P/E ratio of Agarwal Float Glass India Ltd?
Agarwal Float Glass India Ltd trades at a P/E of 13.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Agarwal Float Glass India Ltd's latest quarterly results?
In the Mar 2026 quarter, Agarwal Float Glass India Ltd sales was Rs 27 Cr (-26.9% vs Mar 2024) and net profit was Rs 0 Cr.
What is the 52-week high and low of Agarwal Float Glass India Ltd?
The 52-week high is Rs 66.90 and the 52-week low is Rs 21.85.