MarketFriction

Agni Green Power Ltd.

NSE AGNI · Civil Construction
₹14.55 -3.32%
NSE close2026-10-01
52 week range13.60 - 27.90
Market cap₹29.3 Cr.
P/E21.1
IPO 2022 · +46% since Price band 5% Delivery 75.8%

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 2021Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales4.394.6617.3614.2621.0116.1624.9317.0121.60
Expenses2.437.6414.6413.3219.8715.1423.2215.8718.86
Operating Profit1.96-2.982.720.941.141.021.711.142.74
OPM %44.65%-63.95%15.67%6.59%5.43%6.31%6.86%6.70%12.69%
Other Income0.020.040.520.080.270.000.340.15-0.51
Interest0.340.890.610.800.880.741.220.951.21
Depreciation0.130.110.110.110.120.130.130.110.11
Profit before tax1.51-3.942.520.110.410.150.700.230.91
Tax %0.00%0.00%0.00%0.00%34.15%0.00%31.43%0.00%31.87%
Net Profit1.51-3.942.530.120.270.150.470.230.61
EPS in Rs2.11-2.021.300.060.140.080.240.120.31
Mar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales24.6736.8231.2422.2934.4415.4022.0235.2741.0938.61
Expenses23.3235.6427.5321.4232.8114.7622.1433.1938.3634.74
Operating Profit1.351.183.710.871.630.64-0.122.082.733.87
OPM %5.47%3.20%11.88%3.90%4.73%4.16%-0.54%5.90%6.64%10.02%
Other Income0.470.820.490.950.831.030.560.350.34-0.36
Interest0.090.180.730.991.531.121.641.681.962.15
Depreciation0.180.150.510.580.790.260.220.230.260.22
Profit before tax1.551.672.960.250.140.29-1.420.520.851.14
Tax %29.68%30.54%24.32%60.00%21.43%27.59%0.00%26.92%25.88%25.44%
Net Profit1.091.172.230.100.110.22-1.410.380.630.84
EPS in Rs47.3150.783.120.140.150.15-0.720.190.320.43
Dividend Payout %0.21%0.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%2%21%-6%
Compounded Profit Growth2%66%44%121%
Stock Price CAGR%%-17%-46%
Return on Equity%1%3%4%
Mar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.230.237.147.147.1414.2819.5319.5319.5319.53
Reserves18.8820.0219.0519.1519.2612.3310.9211.3111.9312.78
Borrowings1.543.407.268.9511.3612.199.678.859.8116.47
Other Liabilities7.539.0312.5610.078.733.924.717.947.665.49
Total Liabilities28.1832.6846.0145.3146.4942.7244.8347.6348.9354.27
Fixed Assets1.621.615.374.834.053.823.623.713.493.37
CWIP0.930.980.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.003.82
Other Assets25.6330.0940.6440.4842.4438.9041.2143.9245.4447.08
Total Assets28.1832.6846.0145.3146.4942.7244.8347.6348.9354.27
Mar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2.10-4.72-1.53-0.86-1.112.05-1.40-0.021.31-2.22
Cash from Investing Activity0.150.001.68-0.600.210.090.11-0.150.190.24
Cash from Financing Activity0.242.321.960.91-2.14-0.271.23-2.51-1.011.74
Net Cash Flow2.49-2.392.11-0.55-3.041.86-0.06-2.680.49-0.25
Free Cash Flow2.08-4.89-4.65-0.90-1.122.02-1.42-0.341.27-2.18
CFO/OP168%-397%-16%62%-67%320%1,167%-1%48%-57%
Mar 2016Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days207.58149.29276.32282.96186.95358.36278.31229.12219.41287.86
Inventory Days23.6243.6327.38148.4648.57463.44199.43103.9079.930.00
Days Payable160.41105.69175.19142.74109.41206.9395.95107.0595.41
Cash Conversion Cycle70.7987.23128.51288.68126.12614.87381.79225.98203.92287.86
Working Capital Days115.5594.57117.66181.2794.32292.24259.91168.17151.19145.96
ROCE %8.26%3.49%4.58%3.53%0.56%5.34%6.94%8.97%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.57%70.57%70.57%70.57%70.57%70.57%70.57%70.57%70.57%70.57%70.57%70.57%
DIIs0.00%0.00%0.05%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%
Public29.43%29.43%29.38%29.43%29.43%29.43%29.42%29.43%29.43%29.43%29.43%29.43%
No. of Shareholders4705256588681,0061,0211,0621,0571,0771,0441,017992

Fundamentals

Market Cap₹ 29.3 Cr.
Current Price₹ 15.0
Stock P/E21.1
Book Value₹ 16.5
ROCE8.97 %
ROE4.36 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-6%
Compounded Profit Growth (TTM)121%
Standalone figures.
Valuation
Market capRs 28 Cr
Enterprise valueRs 45 Cr
P/E (TTM)33.83x
Price to book0.88x
Price to sales0.74x
EV / EBITDA12.72x
EV / EBIT13.57x
EV / sales1.16x
Earnings yield2.96%
P/E, 3-year average179.10x
P/B, 3-year average2.42x
P/E, 5-year average179.10x
P/B, 5-year average2.00x
Profitability
Operating margin (excl. other income)10.02%
Operating margin (incl. other income)9.09%
EBITDA margin9.09%
Pre-tax margin2.95%
Net profit margin2.18%
ROE2.63%
ROCE7.31%
ROA1.63%
ROE, 3-year average1.97%
ROCE, 3-year average6.59%
ROA, 3-year average1.25%
ROE, 5-year average0.36%
ROCE, 5-year average4.80%
ROA, 5-year average0.21%
ROIC (approx.)5.05%
Tax rate25.44%
Other income / net worth-1.11%
Growth
Sales growth (latest year)-6.04%
Profit growth (latest year)33.33%
Sales CAGR, 3 years20.59%
Sales CAGR, 5 years2.31%
Profit CAGR, 5 years50.17%
Per share
EPS (TTM)Rs 0.43
EPS, 3-year averageRs 0.26
EPS, 5-year averageRs -0.01
Book value per shareRs 16.54
Sales per shareRs 19.77
Cash flow per shareRs -1.14
Free cash flow per shareRs -1.12
Efficiency
Asset turnover0.71x
Fixed asset turnover11.46x
Debtor days288 days
Debtors turnover1.27x
Creditor days95 days
Cash conversion cycle288 days
Working capital days146 days
Leverage
Total debtRs 16 Cr
Cash and bankRs 0 Cr
Net debtRs 16 Cr
Debt to equity0.51x
Net debt / EBITDA4.62x
Interest coverage1.53x
Owners' fund to total sources59.54%
Debt to assets30.35%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Cash from ops / profit, 5 years-0.42x
Statement figures
Net sales (TTM)Rs 39 Cr
Net sales (latest year)Rs 39 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 22 Cr
Total expenditure (latest year)Rs 35 Cr
Total income (latest year)Rs 38 Cr
Share capitalRs 20 Cr
ReservesRs 13 Cr
Shareholders' fundsRs 32 Cr
Total assetsRs 54 Cr
Net blockRs 3 Cr
InvestmentsRs 4 Cr
ReceivablesRs 30 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)1.95
Ownership
Promoter holding70.57% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 33.8 is the lowest in its own 3.2-year history (median 121.8, low 33.8, high 281.0).
P/B 0.88 is the lowest in 4.2 years (median 1.63).
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.
PeriodAGNINifty 50Difference
1 week-8.8%-2.8% -6.0 pts
1 month-1.7%-6.8% +5.1 pts
3 months-19.2%-7.6% -11.5 pts
6 months-18.9%+0.4% -19.3 pts
1 year-29.0%-9.9% -19.1 pts
2 years-71.9%-13.6% -58.3 pts
3 years-45.9%+14.2% -60.1 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -50% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 23% vs sales -6% 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 2026
Sales ₹22 Cr +2.8% vs Mar 2024. Net profit ₹1 Cr +125.9%.
Against our estimate for Mar 2026: sales -22.6%, profit +65.7% in line.

Activity

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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.
Less 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 Agni Green Power Ltd.?

Agni Green Power Ltd. (AGNI) has a market capitalisation of Rs 29.3 Cr. at the 2026-10-01 close.

What is the P/E ratio of Agni Green Power Ltd.?

Agni Green Power Ltd. trades at a P/E of 21.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Agni Green Power Ltd.'s latest quarterly results?

In the Mar 2026 quarter, Agni Green Power Ltd. sales was Rs 22 Cr (+2.8% vs Mar 2024) and net profit was Rs 1 Cr.

What is the 52-week high and low of Agni Green Power Ltd.?

The 52-week high is Rs 27.90 and the 52-week low is Rs 13.60.

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