Agarwal Industrial Corporation Ltd - Stock Valuation and Financial Performance

BSE: 531921 | NSE: AGARIND | Petrochemicals | Small Cap

Agarwal Indl. Corp Share Price

1,087.40 12.75 1.19%
as on 31-Oct'24 16:01

DeciZen - make an informed investing decision on Agarwal Indl. Corp

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Agarwal Industrial Corporation stock performance -

mw4me loader
P/E Ratio (SA):
32.16
Market Cap:
1,617.7 Cr.
52-wk low:
771
52-wk high:
1,339

Is Agarwal Industrial Corporation Ltd an attractive stock to invest in?

1. Is Agarwal Industrial Corporation Ltd a good quality company?

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

2. Is Agarwal Industrial Corporation Ltd undervalued or overvalued?

The key valuation ratios of Agarwal Industrial Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Agarwal Industrial Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Agarwal Industrial Corporation 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 Indl. Corp:

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 Industrial Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 15.7%14.8%13.2%11.5%13.7%13.1%15.6%20.2%21.3%19.3%-
Value Creation
Index
0.10.1-0.1-0.20.0-0.10.10.40.50.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2202782944115297528331,4051,7611,7941,836
Sales YoY Gr.-26.7%5.7%39.9%28.5%42.2%10.9%68.6%25.3%1.9%-
Adj EPS 10.188.39.812.913.421.228.230.232.733.6
YoY Gr.--20.9%3.5%17.7%31.8%4%58.8%32.7%7.2%8.4%-
BVPS (₹) 78.286.6104.6115.1129.6141.8161.3176.3199229.7238.7
Adj Net
Profit
5.66.48.41013.213.721.837.245.24950
Cash Flow from Ops. 1.911.6-11.47.529.121.228.62960.7-25.8-
Debt/CF from Ops. 21.75.6-6.512.82.64.33.74.31-5.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 26.3%27.7%29.1%1.9%
Adj EPS 13.9%20.6%15.5%8.4%
BVPS12.7%12.1%12.5%15.4%
Share Price 27.8% 56.4% 50.1% 27.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.7119.28.610.49.91418.516.915.314.4
Op. Profit
Mgn %
7.37.58.87.474.45.64.84.24.54.5
Net Profit
Mgn %
2.52.32.92.42.51.82.62.72.62.72.7
Debt to
Equity
0.90.90.70.80.60.60.60.50.20.4-
Working Cap
Days
8499142132110889667668056
Cash Conv.
Cycle
608212511392656241344031

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.13%

Net Profit is growing at healthy rate in last 3 years 15.53%

Return on Equity has declined versus last 3 years average to 14.40%

Sales growth is not so good in last 4 quarters at 2.11%

Latest Financials - Agarwal Industrial Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 33.6 80.7
TTM Sales (₹ Cr.) 1,836 2,204
BVPS (₹.) 238.7 367.7
Reserves (₹ Cr.) 342 535
P/BV 4.53 2.94
PE 32.16 13.41
From the Market
52 Week Low / High (₹) 770.95 / 1339.00
All Time Low / High (₹) 12.60 / 1339.00
Market Cap (₹ Cr.) 1,618
Equity (₹ Cr.) 15
Face Value (₹) 10
Industry PE 54.5

Management X-Ray of Agarwal Indl. Corp:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Agarwal Indl. Corp

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2202782944115297528331,4051,7611,794
Operating Expenses 2042572683814927197881,3381,6881,714
Manufacturing Costs33364653575349656875
Material Costs1632112123144226487231,2461,6031,622
Employee Cost 2334443456
Other Costs 57710101412231211
Operating Profit 16212630373346687480
Operating Profit Margin (%) 7.3%7.5%8.8%7.4%7.0%4.3%5.5%4.8%4.2%4.5%
Other Income 1111156101612
Interest 47799910121014
Depreciation 45688812141311
Exceptional Items 0000000000
Profit Before Tax 8101415202030526667
Tax 2354758141717
Profit After Tax 67910131522394950
PAT Margin (%) 2.6%2.4%3.0%2.5%2.5%2.0%2.6%2.7%2.8%2.8%
Adjusted EPS (₹)10.58.48.89.912.914.421.029.233.033.2
Dividend Payout Ratio (%)14%18%17%15%14%10%9%7%8%9%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 4369106118133145166233298344
Share Capital 681010101010131515
Reserves 386196108123135155220283329
Minority Interest0000000000
Debt37606684688610211754126
Long Term Debt57813522115119
Short Term Debt3253587163848110343117
Trade Payables622147271926108106
Others Liabilities 9162622191435553834
Total Liabilities 95147201238226272321432497610

Fixed Assets

Gross Block597547737676105112108127
Accumulated Depreciation3139614222935404253
Net Fixed Assets28374159544770726674
CWIP 1080131370
Investments 451012121110294254
Inventories97173627254562108124
Trade Receivables4177105113113138123133165217
Cash Equivalents 41164366462848
Others Assets8101413174165878193
Total Assets 95147201238226272321432497610

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 212-1172921292961-26
PBT 8101415202030526667
Adjustment 8111216171619301415
Changes in Working Capital -13-6-34-17-4-7-14-40-2-90
Tax Paid -2-4-3-6-4-7-6-13-18-18
Cash Flow From Investing Activity -7-9-21-20-4-27-26-16-10-14
Capex -5-8-18-18-4-3-9-8-9-11
Net Investments -2-1-3-2022-6-12-8
Others 00000-27-19-2115
Cash Flow From Financing Activity 202710-267123-6849
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1515-9-319-6-4-2
Interest Paid -4-6-7-8-9-9-8-9-8-11
Dividend Paid -1-1-1-2-2-2-2-2-3-4
Others 623315-721-841-5367
Net Cash Flow -32-5-2-11336-1810
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.2211.9710.139.0910.5310.6113.8619.3618.615.47
ROCE (%)15.7414.7713.2111.5313.713.1315.6120.1921.319.32
Asset Turnover Ratio2.492.31.691.882.283.022.813.733.793.24
PAT to CFO Conversion(x)0.331.71-1.220.72.231.41.320.741.24-0.52
Working Capital Days
Receivable Days567711296786157333139
Inventory Days12111524221315141824
Payable Days11739991271524

Agarwal Industrial Corporation Ltd Stock News

Agarwal Industrial Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Agarwal Indl. Corp on 31-Oct-2024 16:01 is ₹1,087.4.
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 31-Oct-2024 16:01 the market cap of Agarwal Indl. Corp stood at ₹1,617.7.
The latest P/E ratio of Agarwal Indl. Corp as of 31-Oct-2024 16:01 is 32.16.
The latest P/B ratio of Agarwal Indl. Corp as of 31-Oct-2024 16:01 is 4.53.
The 52-week high of Agarwal Indl. Corp is ₹1,339 and the 52-week low is ₹771.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Agarwal Indl. Corp is ₹1,836 ( Cr.) .

About Agarwal Industrial Corporation Ltd

Agarwal Industrial Corporation Limited ( formerly known as Bombay Baroda Roadways (India) Limited), was promoted by Sh. Jaiprakash Agarwal, Sh. Lalit Agarwal, Sh. Mahendra Agarwal and Sh. Ramchandra Agarwal, brothers, in the year 1995 with the main objective to carry on the business of transportation of LPG and Bitumen throughout India. The Company is principally engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), Logistics of Bitumen and Liquefied Petroleum Gas (LPG) and energy generation through Wind Mills.

The company came out with its maiden Public Issue in the year 1996 to expand its business operation by adding the fleet of LPG and Bitumen Tankers and thereafter, there was no looking back. As the company had clear vision to enlarge its activities from its modest origins in Transportation to Manufacturing of Bitumen & Bituminous Products, Power Generation through Wind Mills and to undertake agricultural activities, the company changed its name to “Agarwal Industrial Corporation Limited” from Bombay Baroda me Roadways (India) Limited in the year 2008, so as to reflect in the name of the company, the true nature of diversified activities it carries to the world at large.

Business area of the company

The company is well segmented company as it is engaged in varied business of (i) manufacturing and trading of Bitumen & value added Bituminous Products and has bulk bitumen storage facilities at Karwar, Haldia, Dighi and Hazira Gujarat. (ii) has large fleet of specialized Bulk Bitumen & LPG Tankers (Logistics) (iii) generates power through wind mills situated in Jaisalmer and Dhulia and last but not the least has an Authorized workshop of Ashok Leyland as Shahpur, Maharashtra.

Products

  • Paving Grade Bitumen
  • Industrial Grade Bitumen
  • CRMB: Crumb Rubber Modified Bitumen
  • PMB: Polymer Modified Bitumen
  • Byproducts / Waterproofing Materials
  • Bitumen Emulsion for Road Construction
  • Bituminous Expansion Jointing Boards

Services

  • Manufacturing and Trading of Bituminous Products
  • Bulk Bitumen Transportation
  • Wind Mills
  • Authorized Service Centre of Ashok Leyland
  • Bulk LPG Transportation
  • Bulk Storage Terminals
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