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AG Ventures Ltd (OCCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506579 NSE: OCCL Trading | Small Cap | AG Ventures Share Price

₹121.05 -0.20 (-0.16%)

As on 02-Jul'26 16:59

AG Ventures Ltd (OCCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506579 NSE: OCCL Trading | Small Cap | AG Ventures Share Price

₹121.05 -0.20 (-0.16%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹121 Cr.
Current Price
₹121.1
52-Week Low / High
₹75 / 244
TTM EPS
₹3.2
TTM Sales
₹25.7 Cr.
Book Value per Share
₹256
P/E Ratio
37.83
Higher than its 5-year historical median
Industry PE
38.7
Price to Book (P/B)
0.47
Lower than its 5-year historical median
Price to Sales (P/S)
4.70
Higher than its 5-year historical median
EV/EBITDA
57.51
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
1.26%
Underperforms industry median
Return on Capital Employed (ROCE)
0.43%
Underperforms industry median
Return on Assets (ROA)
1.15%
Operating Profit Margin
-1.7%
Net Profit Margin
12.42%
Gross Profit Margin
5.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
15.22%
Operating Profit Growth (1 Year)
-
-109.54%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
51.76%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹246 Cr.
Equity
₹10 Cr.
Face Value
₹10
All Time Low / High
₹4.00 / 1589.00

AG Ventures stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is AG Ventures Ltd a good quality company?
AG Ventures Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does AG Ventures Ltd performance compare with that of its Peers?
Q.1 Revenue growth of AG Ventures Ltd vs industry peers?
AG Ventures Ltd revenue CAGR is -42.11%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of AG Ventures Ltd?
Promoters hold 51.76% of the AG Ventures Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of AG Ventures Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -13.9% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
AG Ventures Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 19.8%18.4%21.2%15.3%15.5%8.7%9.4%1.1%-84.2%0.4%-
Value Creation
Index
0.40.30.50.10.1-0.4-0.3-0.9-7.0-1.0-

Growth Parameters

Sales 29732838834334238846514.522.325.726
Sales YoY Gr.-10.4%18.1%-11.4%-0.4%13.3%19.9%-96.9%54.4%15.2%-
Adj EPS 51.156.973.97275.13746.37.5-111.63.13.2
YoY Gr.-11.5%29.8%-2.6%4.4%-50.7%24.9%-83.7%-1579.6%NA-
BVPS (₹) 333376.7413.9468.4533.1557.6594.3626.3253.5256256
Adj Net
Profit
52.658.673.871.9753746.27.5-1113.13
Cash Flow from Ops. 77.186.788.510885.151.790.797.51.6-5.5-
Debt/CF from Ops. 1.31.41.41.42.13.51.800-4.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -23.8%-40.4%-61.9%15.2%
Adj EPS -26.9%-47.3%-59.6%NA
BVPS-2.9%-13.6%-24.5%1%
Share Price -14.2% -35.1% -46.4% -48.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
16.71618.416.3156.881.2-25.41.21.3
Op. Profit
Mgn %
3031.1323035.820.421.456.420.7-1.7-1.7
Net Profit
Mgn %
17.717.91920.921.99.59.952-498.911.912.4
Debt to
Equity
0.30.30.30.30.30.30.3000.10.1
Working Cap
Days
1691571441571541471252,079107601,455
Cash Conv.
Cycle
87928997869486890001,271

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales297328388343342388465142226
Operating Expenses + 20923026824522130936961826
Manufacturing Costs46525650435561001
Material Costs7076103907913517901018
Employee Cost 37394545444650222
Other Costs 56626360547479455
Operating Profit 889812099121789685-0
Operating Profit Margin (%) 29.6%30.0%31.0%28.8%35.5%20.2%20.6%56.4%20.6%-1.7%
Other Income + 75910283123
Exceptional Items 00000000-3750
Interest 58896813001
Depreciation 15161920212328221
Profit Before Tax 7580103799755577-3700
Tax 2123298221514-04-3
Profit After Tax 545774727540448-3743
PAT Margin (%) 18.2%17.3%19.0%20.8%21.9%10.3%9.4%53.9%-1,673.6%12.4%
Adjusted EPS (₹)52.655.173.871.675.140.043.87.8-374.03.2
Dividend Payout Ratio (%)19%18.10%16.30%14%18.70%35%32%179.30%0%0%

Valuation of AG Ventures - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 343388414468533557594626253256
Share Capital 10101010101010101010
Reserves 333378404458523547584616243246
Debt +86981021341541401290024
Long Term Debt6469729611394730024
Short Term Debt23293138414655000
Minority Interest0000000000
Trade Payables18191814192519000
Others Liabilities 6084786285109962161210
Total Liabilities 507589612679791831837842266290

Fixed Assets

Net Fixed Assets +306308344338327437462535046
Gross Block421437489500507638686686461
Accumulated Depreciation115129144162180200224141414
CWIP 340325113411000
Investments 5376108147199187217237209172
Inventories32394634405960000
Trade Receivables77768467758176000
Cash Equivalents 1311425322232
Others Assets 24392342342420550470
Total Assets 507589612679791831837842266290

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 778789108855291982-5
PBT 75801037997555761150
Adjustment 1623272315244344-2-5
Changes in Working Capital 20-2021-11-1603-71
Tax Paid -15-16-20-16-16-11-10-10-5-1
Cash Flow From Investing Activity + -84-72-45-83-123-32-38-4517-19
Capex -69-61-22-47-82-49-20-18-0-63
Net Investments -21-14-28-39-4116-19-283143
Others 64530101-141
Cash Flow From Financing Activity + 5-7-51-317-21-52-53-1724
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 36751229-4-35-36-2325
Interest Paid -4-8-8-9-7-6-9-11-2-1
Dividend Paid -9-10-11-12-10-17-14-14-70
Others -184-376466915-0
Net Cash Flow -28-822-22-10-01-1

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)17.2315.5318.4116.2214.997.337.61.28-85.081.26
ROCE (%)19.8318.4121.2315.3315.528.699.421.06-84.210.43
Asset Turnover Ratio0.670.610.650.530.470.480.560.020.040.09
PAT to CFO Conversion(x)1.431.531.21.51.131.32.0712.25N/A-1.67
Working Capital Days
Receivable Days73.2083.607579.907573.1061.30000
Inventory Days41.6038.904042.8039.3046.5046.60000
Payable Days73.9088.7064.706577.4059.5044.40000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

AG Ventures Ltd FAQs

The current trading price of AG Ventures on 02-Jul-2026 16:59 is ₹121.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of AG Ventures stood at ₹120.9 Cr

The latest P/E ratio of AG Ventures as of 01-Jul-2026 is 37.83.

The latest P/B ratio of AG Ventures as of 01-Jul-2026 is 0.47.

The 52-week high of AG Ventures is ₹244.4 and the 52-week low is ₹74.60.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AG Ventures is ₹25.74 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that AG Ventures Ltd is a average quality company.

The key valuation ratios of AG Ventures Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of AG Ventures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About AG Ventures Ltd

Oriental Carbon and Chemicals (OCCL), a company belonging to the Duncan JP Goenka group of companies, traces its origin when it was incorporated in 1978 as Dharuhera Chemicals Limited (DCL). In 1994 OCCL set up a unit for manufacturing of Insoluble sulfur which later emerged as the star product of the group.

OCCL produces wide range of insoluble sulfur grades (Including Pre-dispersed & Master batches), which are being widely exported to leading tyre companies around the world. OCCL's efforts in exports have earned Government of India's recognition as certified 'Star Export House'. In India OCCL is the undisputed leader with major market share. One of OCCL's unit in Dharuhera as a designated Export Oriented Unit.

OCCL’s Insoluble sulfur units are situated at Dharuhera, in the Indian State of Harayana, about 80 Km South West of New Delhi. Insoluble sulfur manufactured in this plant is marketed as 'Diamond Sulf' in India and around the world. The plant, through continuous innovations over the years, can be counted among the best in the world.

Quality consciousness and an understanding of the customers needs for constant product and process improvement has contributed to the growth of OCCL's Insoluble sulfur business. An ongoing mutually rewarding relationship with it's global clients, complemented by a growing demand for Diamond Sulf, has encouraged OCCL to continuously enhance it's production levels.

Product range of the company includes:

  • Insoluble Sulfur
  • Special Grade Insoluble Sulfur
  • Special Grade Insoluble Sulfur
  • Sulfuric Acid

Achievements/ recognition:

  • ISO 9001-2000 and
  • EMS14001-2004 Certified.
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