Agarwal Industrial Corporation
- Market cap
- ₹ 482 Cr.
- P/E
- 12.2x
- P/B
- 0.73x
- 52-week range
- 311.3 – 881.7
- ROE
- 7%
- ROCE
- 8%
- Dividend yield
- 1%
- Debt / equity
- 0.5
- Sector
- Chemicals & Petrochemicals
- Industry
- Petrochemicals
- Listed on
- NSE, BSE
About
Agarwal Industrial Corporation Limited is an India-based integrated petrochemical company. The Company is engaged in the business activities of ancillary infra, which is the manufacturing and trading of bitumen and allied products, logistics of bitumen and liquefied petroleum gas (LPG), and energy generation through windmills. The Company operates through three segments: ancillary infra (Bituminous and Allied products), logistics, and windmill. Its bituminous product range includes Viscosity-Grade Bitumen, Industry-Grade Bitumen, Modified Bitumen (Crumb Rubber Modified Bitumen / Polymer Modified Bitumen), Bitucoat, Bituplast, Bitupremier, Bitumen Emulsions, Bitumen Paints, and Bitumen Insulation Material. It owns a fleet of approximately 10 vessels, with a total carrying capacity of over 102,049 metric tons (MT) of bulk bitumen and bulk liquid cargo. The Company operates manufacturing plants in Taloja, Belgaum, Baroda, Cochin, Guwahati, Pachpadra, and Hyderabad.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Petrochemicals: 18 companies →Agarwal Industrial Corporation against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.2 against a typical 13.2: cheaper than most peers (1st = cheapest).6th of 18
- Sales growth−27.1% against a typical +17.4% from a year earlier.15th of 15
- Profit growth−23.1% against a typical +109.5% from a year earlier.13th of 14
- Share price, 3 months−34.1% against a typical −4.7%.16th of 16
- Size₹ 481.5 Cr. market value against a typical ₹ 541.5 Cr. (1st = largest).10th of 18
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety, with caution
Rated A by CRISIL- CRISIL expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Negative | 10 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Mar 2026 | Rating action | Crisil A | — | CRISIL | ₹ 240 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 14 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 14 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 23 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 13 Feb 2025 | Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 232 | 488 | 776 | 708 | 326 | 542 | 823 | 594 | 245 | 408 | 405 | 433 |
| Expenses | 205 | 444 | 716 | 648 | 290 | 489 | 770 | 557 | 217 | 388 | 373 | 403 |
| Operating Profit | 27 | 44 | 60 | 60 | 35 | 53 | 54 | 36 | 28 | 21 | 32 | 30 |
| OPM % | 12% | 9% | 8% | 8% | 11% | 10% | 6% | 6% | 11% | 5% | 8% | 7% |
| Other Income | 2 | 1 | 2 | 2 | 2 | 2 | 5 | 2 | 5 | 5 | 6 | 3 |
| Interest | 4 | 5 | 8 | 8 | 6 | 7 | 9 | 8 | 7 | 7 | 5 | 5 |
| Depreciation | 7 | 7 | 10 | 10 | 10 | 15 | 12 | 13 | 13 | 13 | 13 | 14 |
| Profit before tax | 18 | 33 | 44 | 44 | 20 | 34 | 37 | 17 | 14 | 5 | 20 | 14 |
| Tax % | 12% | 17% | 13% | 11% | 9% | 18% | 17% | 22% | 12% | 40% | 23% | 24% |
| Net Profit | 16 | 28 | 38 | 39 | 18 | 28 | 31 | 13 | 12 | 3 | 16 | 10 |
| EPS in Rs | 10.7 | 18.47 | 25.41 | 26.07 | 12.33 | 18.52 | 20.42 | 8.71 | 8.02 | 1.87 | 10.53 | 6.92 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 19%
- 5 Years
- 13%
- 3 Years
- −6%
- TTM
- −35%
- 10 Years
- 20%
- 5 Years
- 2%
- 3 Years
- −22%
- TTM
- −54%
- 10 Years
- 13%
- 5 Years
- 10%
- 3 Years
- −19%
- TTM
- —
- 10 Years
- 18%
- 5 Years
- 18%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Agarwal Industrial Corporation | ₹ 334.00 | ₹ 482 Cr. | 12.2x | 0.7x | 7% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Vipin Agarwal
- Chief Financial Officer
- Yashee Agrawal
- Company Secretary, Compliance Officer
- Jaiprakash Agarwal
- Managing Director, Whole Time Director
- Lalit Agarwal
- Whole Time Director
- Ramchandra Agarwal
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.