Agarwal Float Glass India Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: AGARWALFT | Trading | Small Cap

BSE Share Price
Not Listed

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Agarwal Float Glass India stock performance -

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P/E Ratio (SA):
298.70
Market Cap:
58 Cr.
52-wk low:
0
52-wk high:
0

Is Agarwal Float Glass India Ltd an attractive stock to invest in?

1. Is Agarwal Float Glass India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Agarwal Float Glass India Ltd is a below average quality company.

2. Is Agarwal Float Glass India Ltd undervalued or overvalued?

The key valuation ratios of Agarwal Float Glass India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Agarwal Float Glass India Ltd a good buy now?

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

10 Year X-Ray of Agarwal Float Glass:

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.
Agarwal Float Glass India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.7%10.8%15.7%23.5%-
Value Creation
Index
-0.2-0.20.10.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 32.131.642.148.279
Sales YoY Gr.--1.4%33.1%14.5%-
Adj EPS 0.40.51.83.40.3
YoY Gr.-29%269.4%90.1%-
BVPS (₹) 44.5721.121.3
Adj Net
Profit
0.20.30.92.50
Cash Flow from Ops. -8.60.11.4-5-
Debt/CF from Ops. -1.3186.38.1-1.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA14.5%14.5%
Adj EPS NANA108.4%90.1%
BVPSNANA74.2%199.4%
Share Price - - - 29%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
9.611.631.426.51.3
Op. Profit
Mgn %
4.745.59.3NAN
Net Profit
Mgn %
0.60.82.25.20.3
Debt to
Equity
5.65.23.30.6-
Working Cap
Days
01991501630
Cash Conv.
Cycle
01451231400

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.52%

Net Profit is growing at healthy rate in last 3 years 108.41%

Debt to equity has declined versus last 3 years average to 0.59

Return on Equity has declined versus last 3 years average to 1.30%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Agarwal Float Glass India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 -
TTM Sales (₹ Cr.) 78.9 -
BVPS (₹.) 21.3 -
Reserves (₹ Cr.) 8 -
P/BV 3.75 -
PE 298.70 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 58
Equity (₹ Cr.) 7.2
Face Value (₹) 10
Industry PE 71.1

Management X-Ray of Agarwal Float Glass:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Agarwal Float Glass

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Sales32.0931.6342.1048.19
Operating Expenses 30.5730.3539.8043.69
Manufacturing Costs0.040.040.070.05
Material Costs29.8029.5238.8640.91
Employee Cost 0.360.320.410.44
Other Costs 0.370.470.472.28
Operating Profit 1.521.272.304.50
Operating Profit Margin (%) 4.7%4.0%5.5%9.3%
Other Income 0.190.250.070.22
Interest 1.131.120.941.15
Depreciation 0.140.060.060.07
Exceptional Items -0.15000
Profit Before Tax 0.290.351.363.50
Tax 0.200.100.451
Profit After Tax 0.090.250.912.49
PAT Margin (%) 0.3%0.8%2.2%5.2%
Adjusted EPS (₹)0.20.51.83.4
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 2.012.263.5515.25
Share Capital 2.022.022.027.24
Reserves -0.010.241.538
Minority Interest0000
Debt11.0211.2411.308.47
Long Term Debt1.392.032.671.78
Short Term Debt9.639.228.636.70
Trade Payables3.893.221.601.59
Others Liabilities 0.741.401.161.76
Total Liabilities 17.6718.1217.6127.07

Fixed Assets

Gross Block0.500.520.750.78
Accumulated Depreciation0.140.200.460.52
Net Fixed Assets0.360.320.290.26
CWIP 0000
Investments 0000
Inventories6.157.117.6012.37
Trade Receivables9.269.808.8311.33
Cash Equivalents 0.540.010.400.66
Others Assets1.360.890.492.44
Total Assets 17.6718.1217.6127.07

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -8.570.061.44-4.99
PBT 0.290.351.363.50
Adjustment 1.441.2011.21
Changes in Working Capital -10.34-1.36-0.48-9.02
Tax Paid 0.04-0.12-0.44-0.68
Cash Flow From Investing Activity -0.50-0.02-0.03-0.02
Capex -0.50-0.02-0.04-0.03
Net Investments 0000
Others 0000.01
Cash Flow From Financing Activity 9.61-0.57-1.025.27
Net Proceeds from Shares 0009.20
Net Proceeds from Borrowing 0000
Interest Paid -1.13-1.12-0.94-1.15
Dividend Paid 0000
Others 10.730.55-0.08-2.78
Net Cash Flow 0.54-0.530.390.26
PARTICULARSMar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)4.3911.5731.4426.53
ROCE (%)10.710.7515.723.5
Asset Turnover Ratio1.821.772.362.16
PAT to CFO Conversion(x)-95.220.241.58-2
Working Capital Days
Receivable Days1051108176
Inventory Days70776476
Payable Days48442314

Agarwal Float Glass India Ltd Stock News

Agarwal Float Glass India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Agarwal Float Glass on 01-Jan-1970 05:30 is ₹0.00.
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-Jan-1970 05:30 the market cap of Agarwal Float Glass stood at ₹57.95.
The latest P/E ratio of Agarwal Float Glass as of 01-Jan-1970 05:30 is 298.7.
The latest P/B ratio of Agarwal Float Glass as of 01-Jan-1970 05:30 is 3.75.
The 52-week high of Agarwal Float Glass is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Agarwal Float Glass is ₹78.91 ( Cr.) .

About Agarwal Float Glass India Ltd

The company was incorporated on May 3, 2018 as ‘Agarwal Float Glass India Private Limited’, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated May 3, 2018 issued by the Deputy Registrar of Companies, Central Registration Centre, National Capital Territory of Delhi on behalf of the Registrar of Companies, Jaipur.. Subsequently, the company was converted into a public limited company pursuant to a resolution passed by the company’s Shareholders at an extraordinary general meeting held on May 11, 2022 and consequently the name of the Company was changed to ‘Agarwal Float Glass India Limited’ and a fresh certificate of incorporation dated June 3, 2022 was issued by the Registrar of Companies, Jaipur.

The company is engaged in the business of trading of glass and specialised glass products by procuring quality products from manufacturers and selling it either through its sales managers or directly to its customers, as a wholesaler of glass and glass products. The company’s valued customers are spread across the country and work across varied industry segments such as, office buildings, hotels, institutions, banks, insurance companies, shopping malls, diplomatic residences, etc. The company’s products cater to a range of end use industries including construction, automotive, and industrial sectors, with a variety of applications such as exterior and interior spaces of residential and commercial buildings. The company’s product portfolio largely consists clear glass, different kinds of value-added glass products and processed glass products, of varying thickness. It also trades a range of value added glass products including clear frosted glass, clear sheet glass, mirror, tinted glass, reflective glass which have a wide range of applications. The company also offers processed glass, which includes, toughened glass, frosted glass, frosted design glass, leaguered glass, figure glass, heat- trengthened glass, insulated glass, PVB laminated glass, and bullet-resistant glass and all building glasses among others.

The company is highly dependent upon its suppliers and distributors, namely Saint-Gobain India Private Limited, Sisecam Flat Glass India Private Limited, Gold Plus Glass Industry Limited, Asahi India Glass Limited and Gujarat Guardian Limited, for delivering quality products to its customers. The company is a wholesaler of glass and glass products, and operated from its Registered Office and godowns. The company has devised an extensive supplier selection process in order to identify and evaluate the effectiveness and quality of the products manufactured by the suppliers, reduce purchase risk, maximize overall value to the purchaser, and develop closeness and long-term relationships between buyers and suppliers. The company primarily carried out its business in Rajasthan. Owing to its supplier selection process, it engages with quality manufacturers of glass and processed glass products, in order to stand by its commitments to its customers.

Business area of the company

The company is engaged in the business of trading of glass and specialized glass products. The company procures quality products from manufacturers and thereafter sells the same through the sales managers or directly to customers, as a wholesaler of glass and glass products.

Major Events and Milestones

  • 2018: The company was incorporated as a private limited company under the name Agarwal Float Glass India Private Limited.
  • 2022: The company was converted from a private limited company to a public limited company and its name was changed to Agarwal Float Glass India Limited.
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