Agarwal Industrial Corporation Ltd.
•₹ 491.80.01%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Ancillary Infra - Bitumen & Allied products: 80.5% • Petrochemicals: 13.7% • Logistics: 2.9% • Petroleum Products: 2.5% • Other: 0.4% • Windmill: 0.0%
PROS
- Company has delivered good profit growth of 35.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.6%
- Company has a healthy return on capital (ROCE) of 21.1%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 25.0% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.16x)
CONS
- Recent results are weak - TTM profit is down 53.1% versus prior year
- Equity base is being diluted - shares outstanding up 13.2%
- Free cash flow has been persistently negative
- Effective tax rate is unusually low at 14.2% - earnings may be flattered
- Though reporting repeated profits, the company pays out little dividend (4.3%)
- Growth is decelerating - 3Y profit CAGR (22.0%) trails the 5Y trend (35.3%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SPLPETRO | 702.00 | 27.23 | 13200.50 | 1.50 | 2375.69 | 2795.42 | 17145.15 | 1122.99 | 33.63 | 19.39 |
| 2. | RAIN | 205.55 | 12.87 | 6913.59 | 0.49 | 340.99 | 310.85 | 5167.16 | 17.40 | 8.75 | 18.66 |
| 3. | TNPETRO | 113.54 | 7.18 | 1021.54 | 1.32 | 80.11 | 127.26 | 780.15 | 68.56 | 8.95 | 15.45 |
| 4. | KOTHARIPET | 133.39 | 82.27 | 784.95 | 0.75 | 17.02 | -3.16 | 146.50 | -8.82 | 28.75 | 14.91 |
| 5. | AGARIND | 491.20 | 17.97 | 734.73 | 0.67 | 10.35 | -20.58 | 433.31 | -27.00 | 17.28 | 6.89 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 629 | 232 | 488 | 776 | 708 | 326 | 542 | 823 | 594 | 245 | 408 | 405 | 433 | |
| 587 | 205 | 444 | 716 | 648 | 290 | 489 | 770 | 557 | 217 | 388 | 373 | 422 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| 32 | 18 | 33 | 44 | 44 | 20 | 34 | 37 | 17 | 14 | 5 | 20 | 14 | |
| Tax % | 13.92% | 11.89% | 17.23% | 12.84% | 11.18% | 8.57% | 18.24% | 16.99% | 21.65% | 11.71% | 39.87% | 22.83% | 23.82% |
| Net Profit | 0 | 0 | 0 | 0 | 39 | 18 | 28 | 31 | 13 | 12 | 3 | 16 | 10 |
| 18 | 11 | 18 | 25 | 26 | 12 | 19 | 20 | 9 | 8 | 2 | 11 | 1 | |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 496 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 0 | 0 | 0 | 496 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 629
- 587
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 6
- 32
- Tax %
- 13.92%
- Net Profit
- 0
- 18
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 232
- 205
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 4
- Depreciation
- 7
- 18
- Tax %
- 11.89%
- Net Profit
- 0
- 11
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 488
- 444
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 5
- Depreciation
- 7
- 33
- Tax %
- 17.23%
- Net Profit
- 0
- 18
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 776
- 716
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 10
- 44
- Tax %
- 12.84%
- Net Profit
- 0
- 25
- Equity Capital
- 15
- Reserves
- 496
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 496
- Promoter Pledge %
- 0.00%
Jun 2024
- 708
- 648
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 10
- 44
- Tax %
- 11.18%
- Net Profit
- 39
- 26
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 326
- 290
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 6
- Depreciation
- 10
- 20
- Tax %
- 8.57%
- Net Profit
- 18
- 12
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 542
- 489
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 7
- Depreciation
- 15
- 34
- Tax %
- 18.24%
- Net Profit
- 28
- 19
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 823
- 770
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 9
- Depreciation
- 12
- 37
- Tax %
- 16.99%
- Net Profit
- 31
- 20
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 594
- 557
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 8
- Depreciation
- 13
- 17
- Tax %
- 21.65%
- Net Profit
- 13
- 9
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 245
- 217
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7
- Depreciation
- 13
- 14
- Tax %
- 11.71%
- Net Profit
- 12
- 8
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 408
- 388
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7
- Depreciation
- 13
- 5
- Tax %
- 39.87%
- Net Profit
- 3
- 2
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 405
- 373
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5
- Depreciation
- 13
- 20
- Tax %
- 22.83%
- Net Profit
- 16
- 11
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 433
- 422
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 5
- Depreciation
- 14
- 14
- Tax %
- 23.82%
- Net Profit
- 10
- 1
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 15
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 281 | 297 | 414 | 531 | 787 | 904 | 1,598 | 2,015 | 2,125 | 2,399 | 1,492 | |
| 260 | 271 | 383 | 494 | 741 | 832 | 1,493 | 1,879 | 1,952 | 2,197 | 1,400 | |
| Operating Profit | 22 | 27 | 32 | 38 | 49 | 73 | 110 | 145 | 178 | 213 | — |
| OPM % | 8 | 9 | 8 | 7 | 6 | 8 | 7 | 7 | 8 | 9 | — |
| Other Income | 1 | 1 | 1 | 1 | 3 | 2 | 4 | 9 | 5 | 11 | 19 |
| Interest | 7 | 7 | 9 | 9 | 9 | 10 | 12 | 12 | 21 | 30 | 25 |
| Depreciation | 5 | 6 | 8 | 8 | 9 | 14 | 20 | 23 | 30 | 48 | 53 |
| 10 | 14 | 15 | 20 | 31 | 49 | 78 | 110 | 127 | 135 | 52 | |
| Tax % | 31 | 37 | 30 | 34 | 18 | 17 | 18 | 16 | 14 | 14 | 22 |
| Net Profit | 7 | 9 | 10 | 13 | 26 | 41 | 64 | 92 | 109 | 116 | 41 |
| EPS | 9 | 11 | 10 | 13 | 25 | 40 | 51 | 64 | 73 | 77 | — |
| Dividend Payout % | 17 | 17 | 15 | 14 | 6 | 5 | 4 | 4 | 4 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 9 | 9 | 10 | 13 | 25 | 40 | 48 | 62 | 73 | 77 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 9 | 9 | 10 | 13 | 25 | 40 | 48 | 62 | 73 | 77 | — |
Mar 2016
- 281
- 260
- Operating Profit
- 22
- OPM %
- 8
- Other Income
- 1
- Interest
- 7
- Depreciation
- 5
- 10
- Tax %
- 31
- Net Profit
- 7
- EPS
- 9
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2017
- 297
- 271
- Operating Profit
- 27
- OPM %
- 9
- Other Income
- 1
- Interest
- 7
- Depreciation
- 6
- 14
- Tax %
- 37
- Net Profit
- 9
- EPS
- 11
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2018
- 414
- 383
- Operating Profit
- 32
- OPM %
- 8
- Other Income
- 1
- Interest
- 9
- Depreciation
- 8
- 15
- Tax %
- 30
- Net Profit
- 10
- EPS
- 10
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2019
- 531
- 494
- Operating Profit
- 38
- OPM %
- 7
- Other Income
- 1
- Interest
- 9
- Depreciation
- 8
- 20
- Tax %
- 34
- Net Profit
- 13
- EPS
- 13
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2020
- 787
- 741
- Operating Profit
- 49
- OPM %
- 6
- Other Income
- 3
- Interest
- 9
- Depreciation
- 9
- 31
- Tax %
- 18
- Net Profit
- 26
- EPS
- 25
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2021
- 904
- 832
- Operating Profit
- 73
- OPM %
- 8
- Other Income
- 2
- Interest
- 10
- Depreciation
- 14
- 49
- Tax %
- 17
- Net Profit
- 41
- EPS
- 40
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 40
Mar 2022
- 1,598
- 1,493
- Operating Profit
- 110
- OPM %
- 7
- Other Income
- 4
- Interest
- 12
- Depreciation
- 20
- 78
- Tax %
- 18
- Net Profit
- 64
- EPS
- 51
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 48
Mar 2023
- 2,015
- 1,879
- Operating Profit
- 145
- OPM %
- 7
- Other Income
- 9
- Interest
- 12
- Depreciation
- 23
- 110
- Tax %
- 16
- Net Profit
- 92
- EPS
- 64
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
Mar 2024
- 2,125
- 1,952
- Operating Profit
- 178
- OPM %
- 8
- Other Income
- 5
- Interest
- 21
- Depreciation
- 30
- 127
- Tax %
- 14
- Net Profit
- 109
- EPS
- 73
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 73
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 73
Mar 2025
- 2,399
- 2,197
- Operating Profit
- 213
- OPM %
- 9
- Other Income
- 11
- Interest
- 30
- Depreciation
- 48
- 135
- Tax %
- 14
- Net Profit
- 116
- EPS
- 77
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 77
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 77
TTM
- 1,492
- 1,400
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 25
- Depreciation
- 53
- 52
- Tax %
- 22
- Net Profit
- 41
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 27%
- 5 Years:
- 25%
- 3 Years:
- 14%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 35%
- 5 Years:
- 35%
- 3 Years:
- 22%
STOCK PRICE CAGR
- 10 Years:
- 13%
- 5 Years:
- 10%
- 3 Years:
- -19%
- 1 Year:
- -41%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 24%
- 3 Years:
- 24%
- Last Year:
- 20%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 8 | 10 | 10 | 10 | 10 | 10 | 13 | 15 | 15 | 15 |
| 61 | 96 | 108 | 123 | 147 | 186 | 277 | 389 | 496 | 612 | |
| 58 | 66 | 83 | 72 | 88 | 89 | 115 | 69 | 117 | 166 | |
| Trade Payables | 2 | 2 | 14 | 7 | 43 | 34 | 55 | 164 | 217 | 258 |
| 18 | 27 | 23 | 15 | 12 | 77 | 83 | 113 | 275 | 294 | |
| Total Liabilities | 147 | 201 | 238 | 227 | 300 | 395 | 543 | 750 | 1,120 | 1,345 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 39 | 44 | 62 | 57 | 102 | 159 | 219 | 341 | 589 | 690 | |
| Capital Work in Progress | 0 | 8 | 0 | 1 | 3 | 1 | 3 | 7 | 0 | 16 |
| 3 | 6 | 9 | 9 | 7 | 6 | 12 | 26 | 36 | 34 | |
| 7 | 17 | 37 | 27 | 28 | 48 | 65 | 116 | 128 | 196 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 266 | 270 | |
| Cash & Bank | 11 | 6 | 5 | 3 | 8 | 32 | 50 | 34 | 62 | 53 |
| 86 | 120 | 126 | 130 | 152 | 149 | 194 | 226 | 40 | 86 | |
| Total Assets | 147 | 201 | 238 | 227 | 300 | 395 | 543 | 750 | 1,120 | 1,345 |
| Total Debt | 65 | 74 | 96 | 77 | 90 | 130 | 147 | 137 | 345 | 427 |
| Net Working Capital | 42 | 69 | 76 | 85 | 58 | 92 | 121 | 138 | 99 | 87 |
| Contingent Liabilities | 10 | 10 | 6 | 6 | 6 | 6 | 9 | 9 | 6 | 3 |
| Book Value per Share | 86.88 | 104.90 | 115.47 | 130.16 | 153.53 | 191.16 | 219.52 | 269.90 | 341.64 | 419.24 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 65 | 74 | 96 | 77 | 90 | 130 | 147 | 137 | 345 | 427 |
| Net Working Capital | 42 | 69 | 76 | 85 | 58 | 92 | 121 | 138 | 99 | 87 |
| Contingent Liabilities | 10 | 10 | 6 | 6 | 6 | 6 | 9 | 9 | 6 | 3 |
| Book Value per Share | 86.88 | 104.90 | 115.47 | 130.16 | 153.53 | 191.16 | 219.52 | 269.90 | 341.64 | 419.24 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 8
- 61
- 58
- Trade Payables
- 2
- 18
- Total Liabilities
- 147
- 39
- Capital Work in Progress
- 0
- 3
- 7
- 0
- Cash & Bank
- 11
- 86
- Total Assets
- 147
- Total Debt
- 65
- Net Working Capital
- 42
- Contingent Liabilities
- 10
- Book Value per Share
- 86.88
- Face Value
- 10.00
- Total Debt
- 65
- Net Working Capital
- 42
- Contingent Liabilities
- 10
- Book Value per Share
- 86.88
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 10
- 96
- 66
- Trade Payables
- 2
- 27
- Total Liabilities
- 201
- 44
- Capital Work in Progress
- 8
- 6
- 17
- 0
- Cash & Bank
- 6
- 120
- Total Assets
- 201
- Total Debt
- 74
- Net Working Capital
- 69
- Contingent Liabilities
- 10
- Book Value per Share
- 104.90
- Face Value
- 10.00
- Total Debt
- 74
- Net Working Capital
- 69
- Contingent Liabilities
- 10
- Book Value per Share
- 104.90
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 10
- 108
- 83
- Trade Payables
- 14
- 23
- Total Liabilities
- 238
- 62
- Capital Work in Progress
- 0
- 9
- 37
- 0
- Cash & Bank
- 5
- 126
- Total Assets
- 238
- Total Debt
- 96
- Net Working Capital
- 76
- Contingent Liabilities
- 6
- Book Value per Share
- 115.47
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- 76
- Contingent Liabilities
- 6
- Book Value per Share
- 115.47
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 10
- 123
- 72
- Trade Payables
- 7
- 15
- Total Liabilities
- 227
- 57
- Capital Work in Progress
- 1
- 9
- 27
- 0
- Cash & Bank
- 3
- 130
- Total Assets
- 227
- Total Debt
- 77
- Net Working Capital
- 85
- Contingent Liabilities
- 6
- Book Value per Share
- 130.16
- Face Value
- 10.00
- Total Debt
- 77
- Net Working Capital
- 85
- Contingent Liabilities
- 6
- Book Value per Share
- 130.16
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 10
- 147
- 88
- Trade Payables
- 43
- 12
- Total Liabilities
- 300
- 102
- Capital Work in Progress
- 3
- 7
- 28
- 0
- Cash & Bank
- 8
- 152
- Total Assets
- 300
- Total Debt
- 90
- Net Working Capital
- 58
- Contingent Liabilities
- 6
- Book Value per Share
- 153.53
- Face Value
- 10.00
- Total Debt
- 90
- Net Working Capital
- 58
- Contingent Liabilities
- 6
- Book Value per Share
- 153.53
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 10
- 186
- 89
- Trade Payables
- 34
- 77
- Total Liabilities
- 395
- 159
- Capital Work in Progress
- 1
- 6
- 48
- 0
- Cash & Bank
- 32
- 149
- Total Assets
- 395
- Total Debt
- 130
- Net Working Capital
- 92
- Contingent Liabilities
- 6
- Book Value per Share
- 191.16
- Face Value
- 10.00
- Total Debt
- 130
- Net Working Capital
- 92
- Contingent Liabilities
- 6
- Book Value per Share
- 191.16
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 13
- 277
- 115
- Trade Payables
- 55
- 83
- Total Liabilities
- 543
- 219
- Capital Work in Progress
- 3
- 12
- 65
- 0
- Cash & Bank
- 50
- 194
- Total Assets
- 543
- Total Debt
- 147
- Net Working Capital
- 121
- Contingent Liabilities
- 9
- Book Value per Share
- 219.52
- Face Value
- 10.00
- Total Debt
- 147
- Net Working Capital
- 121
- Contingent Liabilities
- 9
- Book Value per Share
- 219.52
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 15
- 389
- 69
- Trade Payables
- 164
- 113
- Total Liabilities
- 750
- 341
- Capital Work in Progress
- 7
- 26
- 116
- 0
- Cash & Bank
- 34
- 226
- Total Assets
- 750
- Total Debt
- 137
- Net Working Capital
- 138
- Contingent Liabilities
- 9
- Book Value per Share
- 269.90
- Face Value
- 10.00
- Total Debt
- 137
- Net Working Capital
- 138
- Contingent Liabilities
- 9
- Book Value per Share
- 269.90
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 15
- 496
- 117
- Trade Payables
- 217
- 275
- Total Liabilities
- 1,120
- 589
- Capital Work in Progress
- 0
- 36
- 128
- 266
- Cash & Bank
- 62
- 40
- Total Assets
- 1,120
- Total Debt
- 345
- Net Working Capital
- 99
- Contingent Liabilities
- 6
- Book Value per Share
- 341.64
- Face Value
- 10.00
- Total Debt
- 345
- Net Working Capital
- 99
- Contingent Liabilities
- 6
- Book Value per Share
- 341.64
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 15
- 612
- 166
- Trade Payables
- 258
- 294
- Total Liabilities
- 1,345
- 690
- Capital Work in Progress
- 16
- 34
- 196
- 270
- Cash & Bank
- 53
- 86
- Total Assets
- 1,345
- Total Debt
- 427
- Net Working Capital
- 87
- Contingent Liabilities
- 3
- Book Value per Share
- 419.24
- Face Value
- 10.00
- Total Debt
- 427
- Net Working Capital
- 87
- Contingent Liabilities
- 3
- Book Value per Share
- 419.24
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13 | -12 | 8 | 30 | 49 | 49 | 65 | 157 | 112 | 100 | |
| Cash from Investing | -9 | -21 | -20 | -4 | -54 | -44 | -70 | -158 | -276 | -157 |
| Cash from Financing | -1 | 27 | 10 | -27 | 7 | 21 | 19 | -15 | 178 | 40 |
| 3 | -6 | -1 | -1 | 2 | 27 | 14 | -17 | 13 | -18 | |
| Free Cash Flow | -3 | -12 | -10 | 26 | -6 | -14 | -7 | 12 | -157 | -54 |
| OCF / Net Profit | 1.85 | -1.30 | 0.79 | 2.23 | 1.94 | 1.22 | 1.02 | 1.70 | 1.03 | 0.86 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -15 | -11 | 11 | -172 | -220 |
| OCF / Net Profit | 1.85 | -1.30 | 0.79 | 2.23 | 1.94 | 1.22 | 1.02 | 1.70 | 1.03 | 0.86 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -15 | -11 | 11 | -172 | -220 |
Mar 2016
- 13
- Cash from Investing
- -9
- Cash from Financing
- -1
- 3
- Free Cash Flow
- -3
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 0
Mar 2017
- -12
- Cash from Investing
- -21
- Cash from Financing
- 27
- -6
- Free Cash Flow
- -12
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.30
- Cumulative 5-Year FCF
- 0
Mar 2018
- 8
- Cash from Investing
- -20
- Cash from Financing
- 10
- -1
- Free Cash Flow
- -10
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.79
- Cumulative 5-Year FCF
- 0
Mar 2019
- 30
- Cash from Investing
- -4
- Cash from Financing
- -27
- -1
- Free Cash Flow
- 26
- OCF / Net Profit
- 2.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.23
- Cumulative 5-Year FCF
- 0
Mar 2020
- 49
- Cash from Investing
- -54
- Cash from Financing
- 7
- 2
- Free Cash Flow
- -6
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- -5
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- -5
Mar 2021
- 49
- Cash from Investing
- -44
- Cash from Financing
- 21
- 27
- Free Cash Flow
- -14
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- -15
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- -15
Mar 2022
- 65
- Cash from Investing
- -70
- Cash from Financing
- 19
- 14
- Free Cash Flow
- -7
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- -11
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- -11
Mar 2023
- 157
- Cash from Investing
- -158
- Cash from Financing
- -15
- -17
- Free Cash Flow
- 12
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 11
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 11
Mar 2024
- 112
- Cash from Investing
- -276
- Cash from Financing
- 178
- 13
- Free Cash Flow
- -157
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- -172
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- -172
Mar 2025
- 100
- Cash from Investing
- -157
- Cash from Financing
- 40
- -18
- Free Cash Flow
- -54
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- -220
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- -220
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 8.58 | 8.82 | 10.02 | 13.11 | 24.91 | 39.51 | 48.22 | 61.68 | 73.02 | 77.34 |
| Book Value (₹) | 86.88 | 104.90 | 115.47 | 130.16 | 153.53 | 191.16 | 219.52 | 269.90 | 341.64 | 419.24 |
| Dividend per Share (₹) | 1.50 | 1.50 | 1.50 | 1.80 | 1.50 | 1.80 | 2.00 | 2.50 | 3.00 | 3.30 |
| Cash EPS (₹) | 15.19 | 14.51 | 18.13 | 21.26 | 33.64 | 53.60 | 63.16 | 76.85 | 93.14 | 109.32 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 7.79% | 9.14% | 7.63% | 7.14% | 6.23% | 8.08% | 6.86% | 7.18% | 8.14% | 8.43% |
| Net Margin % | 2.44% | 3.01% | 2.48% | 2.53% | 3.25% | 4.48% | 3.98% | 4.58% | 5.14% | 4.82% |
| ROE % | 12.19% | 10.18% | 9.13% | 10.67% | 17.56% | 22.93% | 26.21% | 26.60% | 23.88% | 20.33% |
| ROCE % | 14.92% | 13.27% | 11.58% | 13.83% | 17.50% | 20.41% | 23.42% | 24.84% | 21.19% | 17.28% |
| 5.66% | 5.14% | 4.68% | 5.78% | 9.69% | 11.66% | 13.57% | 14.27% | 11.68% | 9.39% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 76 | 112 | 96 | 78 | 58 | 55 | 34 | 32 | 39 | 41 |
| Inventory Days | 11 | 15 | 24 | 22 | 13 | 15 | 13 | 16 | 21 | 25 |
| Payable Days | 7 | 3 | 9 | 9 | 14 | 19 | 12 | 24 | 41 | 46 |
| 81 | 123 | 111 | 91 | 57 | 51 | 34 | 25 | 19 | 19 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.94x | 0.69x | 0.81x | 0.57x | 0.57x | 0.66x | 0.51x | 0.34x | 0.68x | 0.68x |
| Interest Coverage (x) | 2.49x | 2.97x | 2.70x | 3.17x | 4.46x | 5.93x | 7.27x | 9.95x | 7.09x | 5.46x |
| 1.65x | 1.87x | 1.77x | 2.01x | 1.43x | 1.66x | 1.63x | 1.53x | 1.23x | 1.17x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 25.17% | 5.74% | 39.34% | 28.39% | 48.08% | 14.85% | 76.82% | 26.08% | 5.47% | 12.87% |
| Operating Profit Growth % | 30.68% | 24.37% | 16.15% | 20.03% | 29.23% | 48.91% | 50.13% | 31.99% | 23.12% | 19.46% |
| Net Profit Growth % | 16.88% | 30.51% | 14.67% | 30.83% | 90.06% | 58.62% | 57.13% | 44.86% | 18.39% | 5.92% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.39% | 5.92% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.96x | 12.59x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.34x | 2.32x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 0.34% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.31x | 8.60x |
Mar 2016
- EPS (₹)
- 8.58
- Book Value (₹)
- 86.88
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 15.19
- Operating Margin %
- 7.79%
- Net Margin %
- 2.44%
- ROE %
- 12.19%
- ROCE %
- 14.92%
- 5.66%
- Debtor Days
- 76
- Inventory Days
- 11
- Payable Days
- 7
- 81
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 2.49x
- 1.65x
- Revenue Growth %
- 25.17%
- Operating Profit Growth %
- 30.68%
- Net Profit Growth %
- 16.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 8.82
- Book Value (₹)
- 104.90
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 14.51
- Operating Margin %
- 9.14%
- Net Margin %
- 3.01%
- ROE %
- 10.18%
- ROCE %
- 13.27%
- 5.14%
- Debtor Days
- 112
- Inventory Days
- 15
- Payable Days
- 3
- 123
- Debt to Equity (x)
- 0.69x
- Interest Coverage (x)
- 2.97x
- 1.87x
- Revenue Growth %
- 5.74%
- Operating Profit Growth %
- 24.37%
- Net Profit Growth %
- 30.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 10.02
- Book Value (₹)
- 115.47
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 18.13
- Operating Margin %
- 7.63%
- Net Margin %
- 2.48%
- ROE %
- 9.13%
- ROCE %
- 11.58%
- 4.68%
- Debtor Days
- 96
- Inventory Days
- 24
- Payable Days
- 9
- 111
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 2.70x
- 1.77x
- Revenue Growth %
- 39.34%
- Operating Profit Growth %
- 16.15%
- Net Profit Growth %
- 14.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 13.11
- Book Value (₹)
- 130.16
- Dividend per Share (₹)
- 1.80
- Cash EPS (₹)
- 21.26
- Operating Margin %
- 7.14%
- Net Margin %
- 2.53%
- ROE %
- 10.67%
- ROCE %
- 13.83%
- 5.78%
- Debtor Days
- 78
- Inventory Days
- 22
- Payable Days
- 9
- 91
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 3.17x
- 2.01x
- Revenue Growth %
- 28.39%
- Operating Profit Growth %
- 20.03%
- Net Profit Growth %
- 30.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 24.91
- Book Value (₹)
- 153.53
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 33.64
- Operating Margin %
- 6.23%
- Net Margin %
- 3.25%
- ROE %
- 17.56%
- ROCE %
- 17.50%
- 9.69%
- Debtor Days
- 58
- Inventory Days
- 13
- Payable Days
- 14
- 57
- Debt to Equity (x)
- 0.57x
- Interest Coverage (x)
- 4.46x
- 1.43x
- Revenue Growth %
- 48.08%
- Operating Profit Growth %
- 29.23%
- Net Profit Growth %
- 90.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 39.51
- Book Value (₹)
- 191.16
- Dividend per Share (₹)
- 1.80
- Cash EPS (₹)
- 53.60
- Operating Margin %
- 8.08%
- Net Margin %
- 4.48%
- ROE %
- 22.93%
- ROCE %
- 20.41%
- 11.66%
- Debtor Days
- 55
- Inventory Days
- 15
- Payable Days
- 19
- 51
- Debt to Equity (x)
- 0.66x
- Interest Coverage (x)
- 5.93x
- 1.66x
- Revenue Growth %
- 14.85%
- Operating Profit Growth %
- 48.91%
- Net Profit Growth %
- 58.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 48.22
- Book Value (₹)
- 219.52
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 63.16
- Operating Margin %
- 6.86%
- Net Margin %
- 3.98%
- ROE %
- 26.21%
- ROCE %
- 23.42%
- 13.57%
- Debtor Days
- 34
- Inventory Days
- 13
- Payable Days
- 12
- 34
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- 7.27x
- 1.63x
- Revenue Growth %
- 76.82%
- Operating Profit Growth %
- 50.13%
- Net Profit Growth %
- 57.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 61.68
- Book Value (₹)
- 269.90
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 76.85
- Operating Margin %
- 7.18%
- Net Margin %
- 4.58%
- ROE %
- 26.60%
- ROCE %
- 24.84%
- 14.27%
- Debtor Days
- 32
- Inventory Days
- 16
- Payable Days
- 24
- 25
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 9.95x
- 1.53x
- Revenue Growth %
- 26.08%
- Operating Profit Growth %
- 31.99%
- Net Profit Growth %
- 44.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 73.02
- Book Value (₹)
- 341.64
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 93.14
- Operating Margin %
- 8.14%
- Net Margin %
- 5.14%
- ROE %
- 23.88%
- ROCE %
- 21.19%
- 11.68%
- Debtor Days
- 39
- Inventory Days
- 21
- Payable Days
- 41
- 19
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 7.09x
- 1.23x
- Revenue Growth %
- 5.47%
- Operating Profit Growth %
- 23.12%
- Net Profit Growth %
- 18.39%
- 18.39%
- P/E (x)
- 10.96x
- P/B (x)
- 2.34x
- Dividend Yield %
- 0.37%
- 8.31x
Mar 2025
- EPS (₹)
- 77.34
- Book Value (₹)
- 419.24
- Dividend per Share (₹)
- 3.30
- Cash EPS (₹)
- 109.32
- Operating Margin %
- 8.43%
- Net Margin %
- 4.82%
- ROE %
- 20.33%
- ROCE %
- 17.28%
- 9.39%
- Debtor Days
- 41
- Inventory Days
- 25
- Payable Days
- 46
- 19
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 5.46x
- 1.17x
- Revenue Growth %
- 12.87%
- Operating Profit Growth %
- 19.46%
- Net Profit Growth %
- 5.92%
- 5.92%
- P/E (x)
- 12.59x
- P/B (x)
- 2.32x
- Dividend Yield %
- 0.34%
- 8.60x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-18 - Agarwal Industrial Corporation Limited has informed the Exchange about Copy of Newspaper Publication
- Record Date
2026-08-13 - Agarwal Industrial Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Sep-2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2025
Jun 2025
Mar 2025