Agarwal Float Glass India Ltd.

•

₹ 36.80%

2026-08-21

agarwalfloat.comBSE: -NSE: AGARWALFT

Market Cap₹ 27 Cr.

Current Price₹ 37

High / Low₹ 71 / 22

Stock P/E0.0

Book Value₹ 26

Price to Book1.96

Dividend Yield0.00 %

ROCE17.6 %

ROE18.1 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

PROS

Company has delivered good sales growth of 17.6% CAGR over last 5 years
Company converts assets efficiently - asset turnover of 2.1x

CONS

Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.73x)
Operating cash flow has been negative in recent years
Equity base is being diluted - shares outstanding up 258.3%
Free cash flow has been persistently negative
Total debt has risen sharply - up 32.3% year on year

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Oil Gas & Consumable FuelsTradingTrading

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

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.	ADANIENT	2979.00	54.17	403273.96	0.04	-1461.54	-249.67	32923.98	49.92	13.30	15.57
2.	AEGISLOG	1363.65	38.25	47864.12	0.64	544.84	210.70	2356.86	37.07	19.76	30.28
3.	PREMIERENE	1008.00	27.48	45758.31	0.10	471.92	53.32	2462.59	35.25	41.97	29.03
4.	CPPLUS	3307.45	81.98	39127.28	0.05	142.20	332.51	1402.42	89.51	29.48	14.52
5.	REDINGTON	334.90	15.39	26181.63	1.79	453.49	94.65	34922.47	34.57	18.96	2.03
6.	HONASA	476.90	62.48	15548.09	0.63	90.45	118.87	755.95	27.00	8.99	14.58
7.	LLOYDSENT	78.59	106.84	11997.17	0.19	109.98	-55.77	563.03	70.15	12.84	18.07
8.	SGMART	805.80	81.69	10155.92	0.00	455.80	1310.71	13085.70	1044.08	11.45	4.49
9.	MMTC	62.10	20.82	9315.00	0.00	104.24	135.52	0.68	-50.00	6.90	-1423.53
10.	CELLO	358.45	25.31	7917.62	0.42	73.40	-8.99	526.72	-0.43	17.15	18.80
11.	EBGNG	588.80	47.13	6713.00	0.00	289.30	1462.10	4124.61	1220.81	20.14	11.97
12.	AGARWALFT	36.80	0.00	26.66	0.00	—	—	—	—	17.59	—

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	32	32	42	48	79	72
	31	30	40	44	78	66
Operating Profit	2	2	2	5	2	6
OPM %	5	5	6	10	2	8
Other Income	0	0	0	0	1	0
Interest	1	1	1	1	1	1
Depreciation	0	0	0	0	0	0
	0	0	1	3	0	4
Tax %	69	28	33	29	14	27
Net Profit	0	0	1	2	0	3
EPS	0	1	5	9	0	4
Dividend Payout %	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0
Adjusted EPS	0	0	2	3	0	4
Minority Interest	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0
Adjusted EPS	0	0	2	3	0	4

Mar 2020

: 32
: 31
Operating Profit: 2
OPM %: 5
Other Income: 0
Interest: 1
Depreciation: 0
: 0
Tax %: 69
Net Profit: 0
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2021

: 32
: 30
Operating Profit: 2
OPM %: 5
Other Income: 0
Interest: 1
Depreciation: 0
: 0
Tax %: 28
Net Profit: 0
EPS: 1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2022

: 42
: 40
Operating Profit: 2
OPM %: 6
Other Income: 0
Interest: 1
Depreciation: 0
: 1
Tax %: 33
Net Profit: 1
EPS: 5
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2023

: 48
: 44
Operating Profit: 5
OPM %: 10
Other Income: 0
Interest: 1
Depreciation: 0
: 3
Tax %: 29
Net Profit: 2
EPS: 9
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2024

: 79
: 78
Operating Profit: 2
OPM %: 2
Other Income: 1
Interest: 1
Depreciation: 0
: 0
Tax %: 14
Net Profit: 0
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2025

: 72
: 66
Operating Profit: 6
OPM %: 8
Other Income: 0
Interest: 1
Depreciation: 0
: 4
Tax %: 27
Net Profit: 3
EPS: 4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 18%
3 Years:: 20%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 103%
3 Years:: 50%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 0%
1 Year:: -42%

RETURN ON EQUITY

10 Years:: —
5 Years:: 18%
3 Years:: 15%
Last Year:: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-
Equity Capital	2	2	2	7	7	7
	-0	0	2	8	8	11
	10	9	9	7	12	16
Trade Payables	4	3	2	2	1	1
	2	3	3	3	2	3
Total Liabilities	18	18	18	27	30	39
ASSETS	-	-	-	-	-	-
	0	0	0	0	0	0
Capital Work in Progress	0	0	0	0	0	4
	6	7	8	12	13	14
	0	0	0	0	12	6
Cash & Bank	1	0	0	1	1	1
	11	11	9	14	4	13
Total Assets	18	18	18	27	30	39
Total Debt	11	12	12	9	13	17
Net Working Capital	2	4	6	17	16	15
Contingent Liabilities	0	0	0	0	0	0
Book Value per Share	9.96	11.18	17.59	21.05	21.32	25.56
Face Value	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	11	12	12	9	13	17
Net Working Capital	2	4	6	17	16	15
Contingent Liabilities	0	0	0	0	0	0
Book Value per Share	9.96	11.18	17.59	21.05	21.32	25.56
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2020

Equity Capital: 2
: -0
: 10
Trade Payables: 4
: 2
Total Liabilities: 18
: 0
Capital Work in Progress: 0
: 6
: 0
Cash & Bank: 1
: 11
Total Assets: 18
Total Debt: 11
Net Working Capital: 2
Contingent Liabilities: 0
Book Value per Share: 9.96
Face Value: 10.00
Total Debt: 11
Net Working Capital: 2
Contingent Liabilities: 0
Book Value per Share: 9.96
Face Value: 10.00

Mar 2021

Equity Capital: 2
: 0
: 9
Trade Payables: 3
: 3
Total Liabilities: 18
: 0
Capital Work in Progress: 0
: 7
: 0
Cash & Bank: 0
: 11
Total Assets: 18
Total Debt: 12
Net Working Capital: 4
Contingent Liabilities: 0
Book Value per Share: 11.18
Face Value: 10.00
Total Debt: 12
Net Working Capital: 4
Contingent Liabilities: 0
Book Value per Share: 11.18
Face Value: 10.00

Mar 2022

Equity Capital: 2
: 2
: 9
Trade Payables: 2
: 3
Total Liabilities: 18
: 0
Capital Work in Progress: 0
: 8
: 0
Cash & Bank: 0
: 9
Total Assets: 18
Total Debt: 12
Net Working Capital: 6
Contingent Liabilities: 0
Book Value per Share: 17.59
Face Value: 10.00
Total Debt: 12
Net Working Capital: 6
Contingent Liabilities: 0
Book Value per Share: 17.59
Face Value: 10.00

Mar 2023

Equity Capital: 7
: 8
: 7
Trade Payables: 2
: 3
Total Liabilities: 27
: 0
Capital Work in Progress: 0
: 12
: 0
Cash & Bank: 1
: 14
Total Assets: 27
Total Debt: 9
Net Working Capital: 17
Contingent Liabilities: 0
Book Value per Share: 21.05
Face Value: 10.00
Total Debt: 9
Net Working Capital: 17
Contingent Liabilities: 0
Book Value per Share: 21.05
Face Value: 10.00

Mar 2024

Equity Capital: 7
: 8
: 12
Trade Payables: 1
: 2
Total Liabilities: 30
: 0
Capital Work in Progress: 0
: 13
: 12
Cash & Bank: 1
: 4
Total Assets: 30
Total Debt: 13
Net Working Capital: 16
Contingent Liabilities: 0
Book Value per Share: 21.32
Face Value: 10.00
Total Debt: 13
Net Working Capital: 16
Contingent Liabilities: 0
Book Value per Share: 21.32
Face Value: 10.00

Mar 2025

Equity Capital: 7
: 11
: 16
Trade Payables: 1
: 3
Total Liabilities: 39
: 0
Capital Work in Progress: 4
: 14
: 6
Cash & Bank: 1
: 13
Total Assets: 39
Total Debt: 17
Net Working Capital: 15
Contingent Liabilities: 0
Book Value per Share: 25.56
Face Value: 10.00
Total Debt: 17
Net Working Capital: 15
Contingent Liabilities: 0
Book Value per Share: 25.56
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-9	0	1	-5	-1	2
Cash from Investing	-0	-0	-0	-0	-0	-5
Cash from Financing	10	-1	-1	5	1	3
	1	-1	0	0	0	-0
Free Cash Flow	-9	0	1	-5	-1	-3
OCF / Net Profit	-96.98	0.26	1.58	-2.00	-4.17	0.53
Cumulative 5-Year FCF	0	0	0	0	0	-8
OCF / Net Profit	-96.98	0.26	1.58	-2.00	-4.17	0.53
Cumulative 5-Year FCF	0	0	0	0	0	-8

Mar 2020

: -9
Cash from Investing: -0
Cash from Financing: 10
: 1
Free Cash Flow: -9
OCF / Net Profit: -96.98
Cumulative 5-Year FCF: 0
OCF / Net Profit: -96.98
Cumulative 5-Year FCF: 0

Mar 2021

: 0
Cash from Investing: -0
Cash from Financing: -1
: -1
Free Cash Flow: 0
OCF / Net Profit: 0.26
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.26
Cumulative 5-Year FCF: 0

Mar 2022

: 1
Cash from Investing: -0
Cash from Financing: -1
: 0
Free Cash Flow: 1
OCF / Net Profit: 1.58
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.58
Cumulative 5-Year FCF: 0

Mar 2023

: -5
Cash from Investing: -0
Cash from Financing: 5
: 0
Free Cash Flow: -5
OCF / Net Profit: -2.00
Cumulative 5-Year FCF: 0
OCF / Net Profit: -2.00
Cumulative 5-Year FCF: 0

Mar 2024

: -1
Cash from Investing: -0
Cash from Financing: 1
: 0
Free Cash Flow: -1
OCF / Net Profit: -4.17
Cumulative 5-Year FCF: 0
OCF / Net Profit: -4.17
Cumulative 5-Year FCF: 0

Mar 2025

: 2
Cash from Investing: -5
Cash from Financing: 3
: -0
Free Cash Flow: -3
OCF / Net Profit: 0.53
Cumulative 5-Year FCF: -8
OCF / Net Profit: 0.53
Cumulative 5-Year FCF: -8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-
EPS (₹)	0.44	1.22	4.52	3.44	0.27	4.24
Book Value (₹)	9.96	11.18	17.59	21.05	21.32	25.56
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	0.45	0.61	1.93	3.53	0.42	4.32
PROFITABILITY	-	-	-	-	-	-
Operating Margin %	5.31%	4.83%	5.62%	9.97%	1.15%	7.85%
Net Margin %	0.28%	0.78%	2.17%	5.18%	0.25%	4.26%
ROE %	4.39%	11.57%	31.44%	26.53%	1.27%	18.09%
ROCE %	10.70%	10.75%	15.70%	23.50%	5.50%	17.59%
	0.50%	1.38%	5.12%	11.16%	0.68%	8.88%
EFFICIENCY	-	-	-	-	-	-
Debtor Days	105	110	81	76	55	47
Inventory Days	70	77	64	76	59	68
Payable Days	48	44	23	14	7	6
	128	143	122	138	107	109
FINANCIAL HEALTH	-	-	-	-	-	-
Debt to Equity (x)	5.57x	5.20x	3.31x	0.59x	0.86x	0.94x
Interest Coverage (x)	1.26x	1.31x	2.45x	4.04x	1.18x	3.90x
	1.15x	1.29x	1.52x	2.67x	2.19x	1.76x
GROWTH	-	-	-	-	-	-
Revenue Growth %	0.00%	-1.44%	33.12%	14.45%	63.75%	-8.68%
Operating Profit Growth %	0.00%	-10.36%	54.86%	103.15%	-67.49%	268.10%
Net Profit Growth %	0.00%	179.64%	269.82%	172.76%	-92.20%	1477.75%
	0.00%	0.00%	0.00%	0.00%	-92.19%	1477.48%
VALUATION	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	196.87x	11.80x
P/B (x)	0.00x	0.00x	0.00x	0.00x	2.48x	1.96x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	32.54x	9.23x

Mar 2020

EPS (₹): 0.44
Book Value (₹): 9.96
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.45
Operating Margin %: 5.31%
Net Margin %: 0.28%
ROE %: 4.39%
ROCE %: 10.70%
: 0.50%
Debtor Days: 105
Inventory Days: 70
Payable Days: 48
: 128
Debt to Equity (x): 5.57x
Interest Coverage (x): 1.26x
: 1.15x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 1.22
Book Value (₹): 11.18
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.61
Operating Margin %: 4.83%
Net Margin %: 0.78%
ROE %: 11.57%
ROCE %: 10.75%
: 1.38%
Debtor Days: 110
Inventory Days: 77
Payable Days: 44
: 143
Debt to Equity (x): 5.20x
Interest Coverage (x): 1.31x
: 1.29x
Revenue Growth %: -1.44%
Operating Profit Growth %: -10.36%
Net Profit Growth %: 179.64%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 4.52
Book Value (₹): 17.59
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.93
Operating Margin %: 5.62%
Net Margin %: 2.17%
ROE %: 31.44%
ROCE %: 15.70%
: 5.12%
Debtor Days: 81
Inventory Days: 64
Payable Days: 23
: 122
Debt to Equity (x): 3.31x
Interest Coverage (x): 2.45x
: 1.52x
Revenue Growth %: 33.12%
Operating Profit Growth %: 54.86%
Net Profit Growth %: 269.82%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 3.44
Book Value (₹): 21.05
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.53
Operating Margin %: 9.97%
Net Margin %: 5.18%
ROE %: 26.53%
ROCE %: 23.50%
: 11.16%
Debtor Days: 76
Inventory Days: 76
Payable Days: 14
: 138
Debt to Equity (x): 0.59x
Interest Coverage (x): 4.04x
: 2.67x
Revenue Growth %: 14.45%
Operating Profit Growth %: 103.15%
Net Profit Growth %: 172.76%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 0.27
Book Value (₹): 21.32
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.42
Operating Margin %: 1.15%
Net Margin %: 0.25%
ROE %: 1.27%
ROCE %: 5.50%
: 0.68%
Debtor Days: 55
Inventory Days: 59
Payable Days: 7
: 107
Debt to Equity (x): 0.86x
Interest Coverage (x): 1.18x
: 2.19x
Revenue Growth %: 63.75%
Operating Profit Growth %: -67.49%
Net Profit Growth %: -92.20%
: -92.19%
P/E (x): 196.87x
P/B (x): 2.48x
Dividend Yield %: 0.00%
: 32.54x

Mar 2025

EPS (₹): 4.24
Book Value (₹): 25.56
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.32
Operating Margin %: 7.85%
Net Margin %: 4.26%
ROE %: 18.09%
ROCE %: 17.59%
: 8.88%
Debtor Days: 47
Inventory Days: 68
Payable Days: 6
: 109
Debt to Equity (x): 0.94x
Interest Coverage (x): 3.90x
: 1.76x
Revenue Growth %: -8.68%
Operating Profit Growth %: 268.10%
Net Profit Growth %: 1477.75%
: 1477.48%
P/E (x): 11.80x
P/B (x): 1.96x
Dividend Yield %: 0.00%
: 9.23x

Shareholding Pattern

Numbers in percentages

TRADES

	Sep 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Sep 2025	Dec 2025	Mar 2026
	69.77	69.77	59.00	57.55	57.55	57.55	57.55	57.55
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	30.23	30.23	41.00	42.45	42.45	42.45	42.45	42.45

Sep 2023

: 69.77
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 30.23

Mar 2024

: 69.77
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 30.23

Sep 2024

: 59.00
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 41.00

Dec 2024

: 57.55
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 42.45

Mar 2025

: 57.55
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 42.45

Sep 2025

: 57.55
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 42.45

Dec 2025

: 57.55
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 42.45

Mar 2026

: 57.55
FIIs: 0.00
DIIs: 0.00
Government: 0.00
: 42.45

Documents

Announcements

Nothing filed yet.

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.