
About Agarwal Industrial
Agarwal Industrial is a publicly listed company based in Mumbai (India) founded in 1995. It operates as a bitumen and LPG are manufactured and transported by Agarwal Industrial. It operates in the Energy & Utilities and Real Estate & Construction sectors. The company has 131 employees. Its Indian entity Agarwal Industrial Corporation Limited reported revenue of βΉ2,409 Cr. Agarwal Industrial offers products and services including Paving Grade Bitumen, Industrial Grade Bitumen, Bitumen Emulsion, Polymer Modified Bitumen, and Crumb Rubber Modified Bitumen. Its focus areas include Real Estate and Construction, Building Materials, Interiors and Diversified. Its competitors include EnBW, TotalEnergies, EGGER, LIXIL and JuuNoo and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Agarwal Industrial was established in 1995 in Mumbai, India, focusing on the energy and industrial sector. Bitumen and liquefied petroleum gas (LPG) are produced and transported as core operations. The company operates from its domain aicltd.in, with Jaiprakash Agarwal serving as Managing Director and a member of the CSR Committee. Activities are centered in India, supporting industrial and transportation needs in these commodities.
- Market Cap₹534 Cr
AGARIND · NSE
- Share Price₹356.75
-3.65% today
- Revenue₹1,652 Cr
FY 2025-26 · -31.1% YoY
- EBITDA₹117 Cr
Margin 7.1%
- Net Profit₹40.85 Cr
FY 2025-26 · -64.1% YoY
- P/E (TTM)13.6x
P/B 0.8x
- ROE6.6%
ROCE 7.9%
- Debt / Equity0.59
Interest cover 42.5x
- Employee Count131
Associated legal entities of Agarwal Industrial
Agarwal Industrial operates through Agarwal Industrial Corporation Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Agarwal Industrial Corporation Limited Listed CIN L99999MH1995PLC084618 | Active | 13 Jan 1995 | Mumbai, Maharashtra | ₹2,409 Cr | 81 | 10 | View details |
Products & Services of Agarwal Industrial
Agarwal Industrial offers a comprehensive portfolio of products and services, including Paving Grade Bitumen, Industrial Grade Bitumen, Bitumen Emulsion, Polymer Modified Bitumen, and Crumb Rubber Modified Bitumen.
Used for road construction and maintenance applications.
Processed bitumen for industrial and manufacturing uses.
Dispersion of bitumen for road making and maintenance.
Modified binders for enhanced road durability.
Blend of bitumen and rubber for flexible pavements.
Bitumen-based products for waterproofing applications.
Board of directors of Agarwal Industrial Corporation Limited (Agarwal Industrial)
Agarwal Industrial Corporation Limited is the primary company behind Agarwal Industrial. The board of Agarwal Industrial Corporation Limited currently have 8 directors; the longest-serving is Lalit Agarwal, appointed in 1995. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalit Agarwal DIN 01335107 | Whole-time director | 13 Jan 1995 | 31 yrs 9 mo | Agarwal Industrial Corporation Limited |
| Ram Chandra Agarwal DIN 02064854 | Whole-time director | 13 Jan 1995 | 31 yrs 9 mo | Agarwal Industrial Corporation Limited |
| Mahendra Agarwal DIN 01366495 | Director | 13 Jan 1995 | 31 yrs 9 mo | Agarwal Industrial Corporation Limited |
| Jai Prakash Agarwal DIN 01379868 | Managing Director | 30 Sep 2010 | 16 yrs | Agarwal Industrial Corporation Limited |
| Suresh Kotteeri Nair DIN 07843307 | Director | 28 Aug 2023 | 3 yrs 1 mo | Agarwal Industrial Corporation Limited |
| Khushboo Mahesh Lalji DIN 08209426 | Director | 28 Aug 2023 | 3 yrs 1 mo | Agarwal Industrial Corporation Limited |
| Mahendra Pimpale DIN 08486528 | Director | 28 Aug 2023 | 3 yrs 1 mo | Agarwal Industrial Corporation Limited |
| Balraj Subramaniam DIN 10381338 | Director | 31 Jul 2024 | 2 yrs 2 mo | Agarwal Industrial Corporation Limited |
People of Agarwal Industrial
1 people are tracked at Agarwal Industrial (1 in leadership); the tracked headcount is 131.
| Name | Role | Group |
|---|---|---|
| Managing Director & CSR Committee Member | Leadership |
Complete people profiles for Agarwal Industrial
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Agarwal Industrial
Agarwal Industrial is a publicly listed company on the NSE with ticker symbol AGARIND in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 May 2014
- Listed onNSE: AGARIND
- Listed entityAgarwal Industrial Corporation Limited
- Exchange sectorProcess industries
- ISININE204E01012
- Share price₹372.80 (-0.51% on the day) · 2026-10-14
- Market capitalisation₹562 Cr
- Price to earnings13.6
- EPS (diluted, trailing year)₹27.33
- Dividend yield0.88%
- Volume (last session)22,621
Financials of Agarwal Industrial
Exchange-reported figures of Agarwal Industrial Corporation Limited, the listed company behind Agarwal Industrial (NSE: AGARIND).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,652 | 2,399 | 2,125 | 2,015 | 1,598 | 904 | 787 |
| Revenue growth | -31.1% | +12.9% | +5.5% | +26.1% | +76.8% | +14.9% | - |
| EBITDA | 117 | 202 | 173 | 136 | 106 | 71.42 | 46.26 |
| EBITDA margin | +7.1% | +8.4% | +8.1% | +6.7% | +6.6% | +7.9% | +5.9% |
| Profit before tax | 55.25 | 135 | 127 | 110 | 77.55 | 48.69 | 31.08 |
| Net profit | 40.85 | 114 | 108 | 90.90 | 63.45 | 40.25 | 25.09 |
| Net profit margin | +2.5% | +4.8% | +5.1% | +4.5% | +4.0% | +4.5% | +3.2% |
| EPS (βΉ) | 29.13 | 77.34 | 73.02 | 61.68 | 48.22 | 39.51 | 24.91 |
| Balance sheet | |||||||
| Total assets | 1,031 | 1,063 | 873 | 562 | 466 | 346 | 248 |
| Net worth | 689 | 627 | 511 | 404 | 295 | 196 | 158 |
| Total debt | 341 | 435 | 361 | 158 | 171 | 150 | 90.27 |
| Cash & bank | 72.82 | 53.12 | 62.29 | 33.53 | 50.07 | 32.31 | 8.38 |
| Net working capital | 236 | 302 | 247 | 187 | 229 | 180 | 140 |
| Cash flow | |||||||
| Cash from operations | 235 | 99.84 | 112 | 157 | 64.68 | 49.48 | 49.46 |
| Cash from investing | (89.22) | (157) | (276) | (158) | (69.23) | (43.70) | (53.87) |
| Cash from financing | (128) | 39.50 | 178 | (15.42) | 19.01 | 21.35 | 6.88 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 433 | 405 | 408 | 245 | 594 | 823 | 542 | 326 |
| Revenue growth (YoY) | -27.0% | -50.8% | -24.7% | -24.8% | -16.1% | - | - | - |
| Other income | 2.76 | 6.37 | 4.54 | 5.00 | 1.70 | 4.70 | 2.48 | 1.83 |
| EBITDA | 29.85 | 32.48 | 20.64 | 28.01 | 36.13 | 53.52 | 53.28 | 35.17 |
| EBITDA margin | +6.9% | +8.0% | +5.1% | +11.4% | +6.1% | +6.5% | +9.8% | +10.8% |
| Depreciation | 13.82 | 13.32 | 13.14 | 12.64 | 12.90 | 12.23 | 15.03 | 10.35 |
| Interest | 5.20 | 5.12 | 7.39 | 6.80 | 8.31 | 9.20 | 6.84 | 6.48 |
| Profit before tax | 13.59 | 20.41 | 4.65 | 13.57 | 16.62 | 36.79 | 33.89 | 20.17 |
| Tax | 3.24 | 4.66 | 1.85 | 1.59 | 3.60 | 6.25 | 6.18 | 1.73 |
| Net profit | 10.35 | 15.75 | 2.80 | 11.98 | 13.02 | 30.54 | 27.71 | 18.44 |
| EPS (βΉ) | 6.92 | 10.53 | 1.87 | 8.02 | 8.71 | 20.42 | 18.52 | 12.33 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,331 | 2,003 | 1,794 | 1,761 | 1,405 | 833 | 752 |
| Revenue growth | -33.6% | +11.7% | +1.9% | +25.3% | +68.6% | +10.9% | - |
| EBITDA | 48.23 | 82.29 | 80.54 | 73.91 | 67.72 | 45.64 | 32.63 |
| EBITDA margin | +3.6% | +4.1% | +4.5% | +4.2% | +4.8% | +5.5% | +4.3% |
| Profit before tax | 46.14 | 72.36 | 66.94 | 66.37 | 52.12 | 29.62 | 20.25 |
| Net profit | 31.60 | 51.66 | 48.47 | 48.25 | 38.32 | 21.28 | 14.78 |
| Net profit margin | +2.4% | +2.6% | +2.7% | +2.7% | +2.7% | +2.6% | +2.0% |
| EPS (βΉ) | 23.02 | 35.85 | 33.17 | 32.99 | 29.20 | 21.01 | 14.39 |
| Balance sheet | |||||||
| Total assets | 575 | 583 | 492 | 379 | 386 | 291 | 236 |
| Net worth | 422 | 393 | 344 | 298 | 237 | 166 | 145 |
| Total debt | 152 | 190 | 148 | 80.26 | 148 | 125 | 90.27 |
| Cash & bank | 55.95 | 33.10 | 47.61 | 28.00 | 45.63 | 6.29 | 6.13 |
| Net working capital | 298 | 366 | 305 | 204 | 218 | 209 | 178 |
| Cash flow | |||||||
| Cash from operations | 148 | (29.25) | (25.76) | 60.66 | 29.04 | 28.61 | 21.23 |
| Cash from investing | (67.41) | (9.90) | (14.06) | (10.40) | (15.76) | (26.38) | (27.31) |
| Cash from financing | (58.13) | 23.66 | 49.33 | (68.06) | 22.82 | 1.12 | 6.88 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 337 | 328 | 322 | 171 | 509 | 734 | 445 | 232 |
| Revenue growth (YoY) | -33.8% | -55.4% | -27.6% | -26.3% | -13.9% | - | - | - |
| Other income | 4.89 | 7.98 | 5.84 | 6.66 | 3.03 | 6.04 | 3.87 | 3.24 |
| Total expenses | 325 | 313 | 313 | 164 | 492 | 709 | 420 | 223 |
| EBITDA | 12.38 | 14.40 | 8.97 | 7.08 | 17.60 | 25.08 | 25.74 | 9.40 |
| EBITDA margin | +3.7% | +4.4% | +2.8% | +4.1% | +3.5% | +3.4% | +5.8% | +4.0% |
| Depreciation | 2.53 | 2.25 | 2.68 | 2.70 | 2.87 | 2.95 | 2.95 | 2.96 |
| Interest | 2.32 | 2.35 | 4.22 | 4.11 | 4.22 | 4.31 | 3.33 | 2.78 |
| Profit before tax | 12.42 | 17.78 | 7.91 | 6.93 | 13.54 | 23.86 | 23.33 | 6.90 |
| Tax | 3.23 | 4.56 | 1.86 | 1.82 | 3.48 | 6.03 | 6.06 | 1.89 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 433 | 405 | 408 | 245 | 594 | 823 | 542 | 326 |
| Revenue growth (YoY) | -27.0% | -50.8% | -24.7% | -24.8% | -16.1% | - | - | - |
| Other income | 2.76 | 6.37 | 4.54 | 5.00 | 1.70 | 4.70 | 2.48 | 1.83 |
| EBITDA | 29.85 | 32.48 | 20.64 | 28.01 | 36.13 | 53.52 | 53.28 | 35.17 |
| EBITDA margin | +6.9% | +8.0% | +5.1% | +11.4% | +6.1% | +6.5% | +9.8% | +10.8% |
| Depreciation | 13.82 | 13.32 | 13.14 | 12.64 | 12.90 | 12.23 | 15.03 | 10.35 |
| Interest | 5.20 | 5.12 | 7.39 | 6.80 | 8.31 | 9.20 | 6.84 | 6.48 |
| Profit before tax | 13.59 | 20.41 | 4.65 | 13.57 | 16.62 | 36.79 | 33.89 | 20.17 |
| Tax | 3.24 | 4.66 | 1.85 | 1.59 | 3.60 | 6.25 | 6.18 | 1.73 |
| Net profit | 10.35 | 15.75 | 2.80 | 11.98 | 13.02 | 30.54 | 27.71 | 18.44 |
| EPS (βΉ) | 6.92 | 10.53 | 1.87 | 8.02 | 8.71 | 20.42 | 18.52 | 12.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,652 | 2,399 | 2,125 | 2,015 | 1,598 | 904 | 787 |
| Revenue growth | -31.1% | +12.9% | +5.5% | +26.1% | +76.8% | +14.9% | - |
| Other income | 17.60 | 10.55 | 5.13 | 9.07 | 3.75 | 1.60 | 2.77 |
| Total expenses | 1,535 | 2,197 | 1,952 | 1,879 | 1,492 | 832 | 741 |
| Employee cost | 8.13 | 7.86 | 6.91 | 5.74 | 4.95 | 3.72 | 4.00 |
| EBITDA | 117 | 202 | 173 | 136 | 106 | 71.42 | 46.26 |
| EBITDA margin | +7.1% | +8.4% | +8.1% | +6.7% | +6.6% | +7.9% | +5.9% |
| Depreciation | 52.00 | 47.83 | 30.10 | 22.69 | 19.73 | 14.45 | 8.96 |
| Interest | 27.82 | 30.25 | 20.88 | 12.26 | 12.36 | 9.88 | 8.99 |
| Profit before tax | 55.25 | 135 | 127 | 110 | 77.55 | 48.69 | 31.08 |
| Tax | 11.68 | 19.07 | 17.96 | 17.51 | 13.84 | 8.16 | 5.53 |
| Net profit | 40.85 | 114 | 108 | 90.90 | 63.45 | 40.25 | 25.09 |
| Net profit margin | +2.5% | +4.8% | +5.1% | +4.5% | +4.0% | +4.5% | +3.2% |
| EPS (βΉ) | 29.13 | 77.34 | 73.02 | 61.68 | 48.22 | 39.51 | 24.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.96 | 14.96 | 14.96 | 14.96 | 13.21 | 10.26 | 10.26 |
| Reserves & surplus | 674 | 612 | 496 | 389 | 277 | 186 | 147 |
| Shareholders' funds (net worth) | 689 | 627 | 511 | 404 | 295 | 196 | 158 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 336 | 427 | 345 | 137 | 147 | 130 | 90.27 |
| Unsecured loans | 5.40 | 8.19 | 15.49 | 20.52 | 24.26 | 19.44 | 0.00 |
| Total debt | 341 | 435 | 361 | 158 | 171 | 150 | 90.27 |
| Total liabilities | 1,031 | 1,063 | 873 | 562 | 466 | 346 | 248 |
| Assets | |||||||
| Gross block | 888 | 816 | 679 | 408 | 268 | 198 | 132 |
| Net block | 718 | 691 | 589 | 341 | 219 | 160 | 102 |
| Capital work in progress | 30.95 | 15.55 | 0.00 | 6.95 | 2.87 | 0.76 | 3.33 |
| Investments | 38.49 | 33.72 | 35.72 | 25.67 | 12.49 | 6.06 | 6.79 |
| Inventories | 118 | 196 | 128 | 116 | 65.36 | 47.72 | 27.56 |
| Sundry debtors | 152 | 270 | 266 | 194 | 161 | 135 | 138 |
| Cash & bank balances | 72.82 | 53.12 | 62.29 | 33.53 | 50.07 | 32.31 | 8.38 |
| Loans & advances | 59.83 | 60.60 | 35.13 | 27.77 | 25.20 | 10.58 | 13.28 |
| Total current assets | 402 | 579 | 491 | 371 | 302 | 225 | 187 |
| Total current liabilities | 167 | 277 | 244 | 184 | 73.17 | 45.47 | 47.52 |
| Net working capital | 236 | 302 | 247 | 187 | 229 | 180 | 140 |
| Total assets | 1,031 | 1,063 | 873 | 562 | 466 | 346 | 248 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 25.16 | 42.70 | 29.31 | 46.38 | 31.92 | 4.78 | 2.30 |
| Net cash from operating activities | 235 | 99.84 | 112 | 157 | 64.68 | 49.48 | 49.46 |
| Net cash from investing activities | (89.22) | (157) | (276) | (158) | (69.23) | (43.70) | (53.87) |
| Net cash from financing activities | (128) | 39.50 | 178 | (15.42) | 19.01 | 21.35 | 6.88 |
| Net change in cash | 18.13 | (17.55) | 13.40 | (17.07) | 14.46 | 27.14 | 2.48 |
| Closing cash | 72.82 | 53.12 | 62.29 | 33.53 | 50.07 | 32.31 | 8.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -31.1% | +12.9% | +5.5% | +26.1% | +76.8% | +14.9% | - |
| EBITDA growth | -41.9% | +16.9% | +27.6% | +28.1% | +48.3% | +54.4% | - |
| PBT growth | -59.0% | +6.0% | +15.9% | +41.5% | +59.3% | +56.7% | +53.6% |
| Net income growth | -64.1% | +5.6% | +18.7% | +43.3% | +57.6% | +60.4% | - |
| Revenue CAGR (3Y) | -6.4% | +14.5% | +33.0% | +36.8% | +44.3% | +29.7% | +38.4% |
| EBITDA CAGR (3Y) | -4.7% | +24.1% | +34.3% | +43.1% | +41.8% | +32.7% | +21.1% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +4.8% | +5.1% | +4.6% | +4.0% | +4.5% | +3.3% |
| Return on capital employed | +7.9% | +17.1% | +20.6% | +23.7% | +22.1% | +19.7% | +17.5% |
| Return on net worth | +6.6% | +20.3% | +23.9% | +26.4% | +26.0% | +22.9% | +17.6% |
| Debt / equity | 0.59 | 0.70 | 0.57 | 0.47 | 0.65 | 0.68 | 0.57 |
| Long-term debt / equity | 0.24 | 0.31 | 0.27 | 0.16 | 0.15 | 0.11 | 0.02 |
| Interest cover | 42.49 | 19.58 | 14.61 | 10.86 | 14.35 | 17.34 | 24.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.94 | 3.21 | 3.91 | 5.96 | 6.87 | 5.48 | 7.46 |
| Inventory turnover | 10.54 | 14.83 | 17.43 | 22.21 | 28.27 | 24.01 | 28.75 |
| Debtors turnover | 7.84 | 8.96 | 9.25 | 11.36 | 10.80 | 6.63 | 6.27 |
| EPS (βΉ) | 29.13 | 77.34 | 73.02 | 61.68 | 48.22 | 39.51 | 24.91 |
| Dividend per share (βΉ) | 3.30 | 3.30 | 3.00 | 2.50 | 2.00 | 1.80 | 1.50 |
| Book value per share (βΉ) | 460.64 | 419.24 | 341.64 | 269.90 | 219.52 | 191.16 | 153.53 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 337 | 328 | 322 | 171 | 509 | 734 | 445 | 232 |
| Revenue growth (YoY) | -33.8% | -55.4% | -27.6% | -26.3% | -13.9% | - | - | - |
| Other income | 4.89 | 7.98 | 5.84 | 6.66 | 3.03 | 6.04 | 3.87 | 3.24 |
| Total expenses | 325 | 313 | 313 | 164 | 492 | 709 | 420 | 223 |
| EBITDA | 12.38 | 14.40 | 8.97 | 7.08 | 17.60 | 25.08 | 25.74 | 9.40 |
| EBITDA margin | +3.7% | +4.4% | +2.8% | +4.1% | +3.5% | +3.4% | +5.8% | +4.0% |
| Depreciation | 2.53 | 2.25 | 2.68 | 2.70 | 2.87 | 2.95 | 2.95 | 2.96 |
| Interest | 2.32 | 2.35 | 4.22 | 4.11 | 4.22 | 4.31 | 3.33 | 2.78 |
| Profit before tax | 12.42 | 17.78 | 7.91 | 6.93 | 13.54 | 23.86 | 23.33 | 6.90 |
| Tax | 3.23 | 4.56 | 1.86 | 1.82 | 3.48 | 6.03 | 6.06 | 1.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,331 | 2,003 | 1,794 | 1,761 | 1,405 | 833 | 752 |
| Revenue growth | -33.6% | +11.7% | +1.9% | +25.3% | +68.6% | +10.9% | - |
| Other income | 23.50 | 16.14 | 11.38 | 15.41 | 9.56 | 5.66 | 4.54 |
| Total expenses | 1,283 | 1,921 | 1,714 | 1,688 | 1,338 | 788 | 719 |
| Employee cost | 6.83 | 6.44 | 5.79 | 4.99 | 4.10 | 3.46 | 3.73 |
| EBITDA | 48.23 | 82.29 | 80.54 | 73.91 | 67.72 | 45.64 | 32.63 |
| EBITDA margin | +3.6% | +4.1% | +4.5% | +4.2% | +4.8% | +5.5% | +4.3% |
| Depreciation | 10.51 | 11.80 | 11.45 | 12.77 | 13.50 | 11.80 | 7.93 |
| Interest | 15.08 | 14.27 | 13.53 | 10.18 | 11.66 | 9.88 | 8.99 |
| Profit before tax | 46.14 | 72.36 | 66.94 | 66.37 | 52.12 | 29.62 | 20.25 |
| Tax | 11.72 | 18.72 | 17.33 | 17.02 | 13.56 | 8.09 | 5.47 |
| Net profit | 31.60 | 51.66 | 48.47 | 48.25 | 38.32 | 21.28 | 14.78 |
| Net profit margin | +2.4% | +2.6% | +2.7% | +2.7% | +2.7% | +2.6% | +2.0% |
| EPS (βΉ) | 23.02 | 35.85 | 33.17 | 32.99 | 29.20 | 21.01 | 14.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.96 | 14.96 | 14.96 | 14.96 | 13.21 | 10.26 | 10.26 |
| Reserves & surplus | 407 | 378 | 329 | 283 | 220 | 155 | 135 |
| Shareholders' funds (net worth) | 422 | 393 | 344 | 298 | 237 | 166 | 145 |
| Secured loans | 148 | 182 | 132 | 59.74 | 124 | 105 | 90.27 |
| Unsecured loans | 4.83 | 8.19 | 15.49 | 20.52 | 24.26 | 19.44 | 0.00 |
| Total debt | 152 | 190 | 148 | 80.26 | 148 | 125 | 90.27 |
| Total liabilities | 575 | 583 | 492 | 379 | 386 | 291 | 236 |
| Assets | |||||||
| Gross block | 122 | 116 | 127 | 114 | 113 | 105 | 75.79 |
| Net block | 64.63 | 63.69 | 74.43 | 66.68 | 72.77 | 70.75 | 46.81 |
| Capital work in progress | 30.01 | 15.55 | 0.00 | 6.95 | 2.87 | 0.76 | 3.33 |
| Investments | 79.22 | 52.44 | 54.45 | 42.39 | 29.21 | 10.28 | 11.02 |
| Inventories | 109 | 187 | 124 | 108 | 61.78 | 45.33 | 25.24 |
| Sundry debtors | 129 | 230 | 217 | 165 | 133 | 123 | 138 |
| Cash & bank balances | 55.95 | 33.10 | 47.61 | 28.00 | 45.63 | 6.29 | 6.13 |
| Loans & advances | 52.88 | 56.18 | 31.04 | 20.09 | 20.39 | 61.39 | 40.39 |
| Total current assets | 347 | 506 | 420 | 321 | 261 | 236 | 210 |
| Total current liabilities | 48.20 | 140 | 115 | 116 | 42.14 | 26.66 | 31.20 |
| Net working capital | 298 | 366 | 305 | 204 | 218 | 209 | 178 |
| Total assets | 575 | 583 | 492 | 379 | 386 | 291 | 236 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.20 | 33.70 | 24.19 | 42.00 | 5.89 | 2.55 | 1.74 |
| Net cash from operating activities | 148 | (29.25) | (25.76) | 60.66 | 29.04 | 28.61 | 21.23 |
| Net cash from investing activities | (67.41) | (9.90) | (14.06) | (10.40) | (15.76) | (26.38) | (27.31) |
| Net cash from financing activities | (58.13) | 23.66 | 49.33 | (68.06) | 22.82 | 1.12 | 6.88 |
| Net change in cash | 22.31 | (15.49) | 9.50 | (17.80) | 36.10 | 3.35 | 0.80 |
| Closing cash | 55.95 | 33.10 | 47.61 | 28.00 | 45.63 | 6.29 | 6.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -33.6% | +11.7% | +1.9% | +25.3% | +68.6% | +10.9% | - |
| EBITDA growth | -41.4% | +2.2% | +9.0% | +9.1% | +48.4% | +39.9% | - |
| PBT growth | -36.2% | +8.1% | +0.9% | +27.3% | +76.0% | +46.3% | +1.6% |
| Net income growth | -38.8% | +6.6% | +0.5% | +25.9% | +80.1% | +44.0% | - |
| Revenue CAGR (3Y) | -8.9% | +12.6% | +29.1% | +32.8% | +38.5% | +26.5% | +36.7% |
| EBITDA CAGR (3Y) | -13.3% | +6.7% | +20.8% | +31.3% | +22.5% | +14.5% | +8.0% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +2.7% | +2.8% | +2.8% | +2.7% | +2.6% | +2.0% |
| Return on capital employed | +10.6% | +16.1% | +18.5% | +20.0% | +18.9% | +15.0% | +13.1% |
| Return on net worth | +8.5% | +14.6% | +15.5% | +18.4% | +19.1% | +13.9% | +10.6% |
| Debt / equity | 0.42 | 0.46 | 0.36 | 0.43 | 0.68 | 0.69 | 0.60 |
| Long-term debt / equity | 0.03 | 0.03 | 0.04 | 0.07 | 0.10 | 0.06 | 0.02 |
| Interest cover | 39.98 | 20.24 | 19.58 | 16.65 | 21.50 | 29.20 | 36.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 11.22 | 16.48 | 14.83 | 15.51 | 12.89 | 9.20 | 9.87 |
| Inventory turnover | 9.00 | 12.87 | 15.49 | 20.80 | 26.24 | 23.62 | 28.77 |
| Debtors turnover | 7.42 | 8.97 | 9.40 | 11.83 | 11.00 | 6.40 | 5.99 |
| EPS (βΉ) | 23.02 | 35.85 | 33.17 | 32.99 | 29.20 | 21.01 | 14.39 |
| Dividend per share (βΉ) | 3.30 | 3.30 | 3.00 | 2.50 | 2.00 | 1.80 | 1.50 |
| Book value per share (βΉ) | 282.32 | 262.57 | 229.68 | 199.03 | 176.31 | 161.34 | 141.76 |
Competitors of Agarwal Industrial
Agarwal Industrial has 9 listed competitors in our database, 2 of them funded. They include EnBW, TotalEnergies, EGGER, LIXIL and JuuNoo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enbw.com | 1997 | Karlsruhe, Germany | – | 5 | Renewable energy production and supply services are provided by EnBW. | |
| totalenergies.com | 1924 | Paris, France | – | 105,476 | TotalEnergies is engaged in producing and marketing multi-energy solutions. | |
| egger.com | 1961 | Tirol, Austria | – | 9 | Home decor and furniture products are manufactured by EGGER. | |
| lixil.com | 1949 | Koto, Japan | – | 223 | Manufacturer of exterior & interior building materials, and construction management services | |
| juunoo.com | 2017 | Harelbeke, Belgium | $10.41M | 22 | Glass walls, windows, and doors are manufactured by JuuNoo. | |
| enlightenergy.co.il | 2008 | Rosh Haayin, Israel | – | – | Renewable energy projects are developed and power is produced independently. | |
| skybornrenewables.com | 1996 | Bremen, Germany | $18.82M | – | Offshore wind energy projects are developed by Skyborn Renewables. | |
| wickes.co.uk | 1972 | Watford, United Kingdom | – | – | Supplier of construction products | |
| windcarrier.com | 2008 | Oslo, Norway | – | 10 | Offshore wind energy project installer |
Detailed competitors of Agarwal Industrial
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Web traffic of Agarwal Industrial
The website of Agarwal Industrial (aicltd.in) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 3.8% vs previous month
Websites whose visitors overlap most with Agarwal Industrial. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ajayindustrial.com | ajayindustrial.com | 100% | – | #8,957,616 | β |
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as Agarwal Industrial (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Agarwal Industrial
Agarwal Industrial was founded in 1995.
Agarwal Industrial is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Agarwal Industrial has 131 employees.
The primary company behind Agarwal Industrial, Agarwal Industrial Corporation Limited, reported revenue of βΉ2,409 Cr for FY 2025, up 13% year on year.
Agarwal Industrial was established in 1995 in Mumbai, India, focusing on the energy and industrial sector. Bitumen and liquefied petroleum gas (LPG) are produced and transported as core operations. The company operates from its domain aicltd.in, with Jaiprakash Agarwal serving as Managing Director and a member of the CSR Committee. Activities are centered in India, supporting industrial and transportation needs in these commodities.
Agarwal Industrial's top competitors include EnBW, TotalEnergies and EGGER.
Agarwal Industrial offers Paving Grade Bitumen, Industrial Grade Bitumen, Bitumen Emulsion, Polymer Modified Bitumen, and 2 more products and services.
Yes, Agarwal Industrial is publicly traded on NSE under the ticker symbol AGARIND.
Agarwal Industrial operates through Agarwal Industrial Corporation Limited.
The legal entities of Agarwal Industrial currently have 10 directors, including Lalit Agarwal, Ram Chandra Agarwal, Jai Prakash Agarwal and others.
