MarketFriction

Agarwal Toughened Glass India Ltd

NSE AGARWALTUF · Glass - Industrial
₹171.45 +3.44%
NSE close2026-10-01
52 week range81.00 - 172.80
Market cap₹328 Cr.
P/E15.2
IPO 2024 · +59% since Price band 20% Delivery 27.7%

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

Standalone, Rs crore
Sep 2024Mar 2025Sep 2025Mar 2026
Sales22334649
Expenses15203135
Operating Profit7131414
OPM %31%40%32%28%
Other Income1232
Interest111-0
Depreciation1111
Profit before tax6121514
Tax %25%14%20%35%
Net Profit511129
EPS in Rs3.826.016.945.28
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales223340385595
Expenses193035253567
Operating Profit245142028
OPM %11%11%12%36%36%30%
Other Income111235
Interest222331
Depreciation122222
Profit before tax011121830
Tax %149%25%28%26%18%27%
Net Profit-00191522
EPS in Rs-0.381.052.047.238.5812.22
Dividend Payout %0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%34%33%72%
Compounded Profit Growth%161%181%42%
Stock Price CAGR%%%11%
Return on Equity%25%26%21%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555121818
Reserves12357798
Borrowings232629293425
Other Liabilities634648
Total Liabilities35364152132148
Fixed Assets141716152423
CWIP5027913
Investments000000
Other Assets1719233099112
Total Assets35364152132148
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1-1211-18-8
Cash from Investing Activity-6-1-2-5-13-5
Cash from Financing Activity410-264-10
Net Cash Flow-1-01434-23
Free Cash Flow-5-106-32-14
CFO/OP28%-7%52%85%-71%-16%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1028282102120133
Inventory Days198136129303224192
Days Payable89202036134
Cash Conversion Cycle212198191370331321
Working Capital Days20404260251293
ROCE %9%11%35%24%23%
Dec 2024Mar 2025Sep 2025Dec 2025Mar 2026Jul 2026
Promoters63.94%63.94%63.94%63.94%64.16%60.39%
FIIs3.82%2.39%1.77%1.49%1.13%0.12%
DIIs7.38%7.24%5.77%5.77%5.77%4.38%
Public24.86%26.43%28.53%28.81%28.94%35.10%
No. of Shareholders1,0859869051,1061,0931,031

Fundamentals

Market Cap₹ 328 Cr.
Current Price₹ 170
Stock P/E15.2
Book Value₹ 65.5
ROCE23.0 %
ROE20.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)72%
Compounded Profit Growth (TTM)42%
Standalone figures.
Valuation
Market capRs 331 Cr
Enterprise valueRs 358 Cr
P/E (TTM)662.71x
Price to book49.83x
Price to sales9.92x
EV / EBITDA72.85x
EV / EBIT124.19x
EV / sales10.71x
Earnings yield0.15%
Profitability
Operating margin (excl. other income)10.78%
Operating margin (incl. other income)14.70%
EBITDA margin14.70%
Pre-tax margin2.01%
Net profit margin1.50%
ROE8.15%
ROCE9.29%
ROA1.40%
ROIC (approx.)6.52%
Tax rate25.37%
Other income / net worth19.70%
Growth
Sales growth (latest year)54.82%
Per share
EPS (TTM)Rs 0.26
EPS (latest year)Rs 1.05
Book value per shareRs 3.44
Sales per shareRs 17.29
Cash flow per shareRs -0.29
Free cash flow per shareRs -7.24
Efficiency
Asset turnover0.92x
Fixed asset turnover1.91x
Inventory turnover3.12x
Inventory days117 days
Debtor days82 days
Debtors turnover4.45x
Creditor days4 days
Cash conversion cycle321 days
Working capital days293 days
Leverage
Total debtRs 26 Cr
Cash and bankRs 0 Cr
Net debtRs 26 Cr
Debt to equity3.97x
Net debt / EBITDA5.36x
Interest coverage1.30x
Owners' fund to total sources18.37%
Debt to assets72.98%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs -11 Cr
Cash from ops / profit, 5 years-0.30x
Statement figures
Net sales (TTM)Rs 33 Cr
Net sales (latest year)Rs 33 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 26 Cr
Total expenditure (latest year)Rs 30 Cr
Total income (latest year)Rs 35 Cr
Share capitalRs 5 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 7 Cr
Total assetsRs 36 Cr
Net blockRs 17 Cr
ReceivablesRs 8 Cr
InventoryRs 8 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)1.93
Ownership
Promoter holding60.39% (-3.55 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodAGARWALTUFNifty 50Difference
1 week+10.5%-2.8% +13.3 pts
1 month+28.1%-6.8% +34.9 pts
3 months+28.2%-7.6% +35.9 pts
6 months+100.1%+0.4% +99.7 pts
1 year+2.5%-9.9% +12.4 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was 12% of net profit over the last 2 years
explainLow interest cover Interest cover 1.3x in 2026
lookProfit leans on other income Other income was 196% of pre-tax profit 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

No quarterly results published.

Activity

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DateClientSideQtyPrice
2026-10-01Vaibhav Rajendra DoshiSELL164,400167.26
2026-10-01Vaibhav Rajendra DoshiBUY144,000167.02
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.
Close to Close price movement greater than 25perc in previous 1 monthClose to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of Agarwal Toughened Glass India Ltd?

Agarwal Toughened Glass India Ltd (AGARWALTUF) has a market capitalisation of Rs 328 Cr. at the 2026-10-01 close.

What is the P/E ratio of Agarwal Toughened Glass India Ltd?

Agarwal Toughened Glass India Ltd trades at a P/E of 15.2 on trailing twelve-month profit, at the 2026-10-01 close.

What is the 52-week high and low of Agarwal Toughened Glass India Ltd?

The 52-week high is Rs 172.80 and the 52-week low is Rs 81.00.

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