Agarwal Industrial Corporation Ltd - Stock Valuation and Financial Performance

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

Agarwal Indl. Corp Share Price

819.45 2.40 0.29%
as on 18-Apr'24 16:01

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

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Agarwal Industrial Corporation stock performance -

mw4me loader
P/E Ratio (SA):
24.86
Market Cap:
1,220 Cr.
52-wk low:
585.1
52-wk high:
1,154.3

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 Fair 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.2%10.8%10%8.4%8%9.2%9%11.3%14.4%14.6%-
Value Creation
Index
-0.2-0.2-0.3-0.4-0.4-0.3-0.4-0.20.00.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1762202782944115297528331,4051,7611,718
Sales YoY Gr.-24.5%26.7%5.7%39.9%28.5%42.2%10.9%68.6%25.3%-
Adj EPS 8.610.188.39.812.913.421.228.230.232.8
YoY Gr.-18.1%-20.9%3.5%17.7%31.8%4%58.8%32.7%7.2%-
BVPS (₹) 69.578.286.6104.6115.1129.6141.8161.3176.3199220.2
Adj Net
Profit
4.75.66.48.41013.213.721.837.245.249
Cash Flow from Ops. 2.81.911.6-11.47.529.121.228.62960.7-
Debt/CF from Ops. 12.321.75.6-6.512.82.64.33.74.31-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 29.1%33.8%32.8%25.3%
Adj EPS 15%25.4%31.2%7.2%
BVPS12.4%11.6%12%12.9%
Share Price 18.8% 35.8% 76.1% 37.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1313.7119.28.610.49.91418.516.915.7
Op. Profit
Mgn %
7.67.37.58.87.474.45.64.84.24.5
Net Profit
Mgn %
2.72.52.32.92.42.51.82.62.72.62.9
Debt to
Equity
0.90.90.90.70.80.60.60.60.50.2-
Working Cap
Days
7884991421321108896676654
Cash Conv.
Cycle
496082125113926562413431

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 32.83%

Net Profit is growing at healthy rate in last 3 years 31.22%

Return on Equity has declined versus last 3 years average to 15.70%

Sales growth is not so good in last 4 quarters at -1.82%

Latest Financials - Agarwal Industrial Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 32.8 66.5
TTM Sales (₹ Cr.) 1,718 2,008
BVPS (₹.) 220.2 316
Reserves (₹ Cr.) 314 458
P/BV 3.70 2.58
PE 24.86 12.26
From the Market
52 Week Low / High (₹) 585.10 / 1154.25
All Time Low / High (₹) 12.60 / 1154.25
Market Cap (₹ Cr.) 1,220
Equity (₹ Cr.) 15
Face Value (₹) 10
Industry PE 40.9

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1762202782944115297528331,4051,761
Operating Expenses 1632042572683814927197881,3381,688
Manufacturing Costs24333646535753496568
Material Costs1331632112123144226487231,2461,603
Employee Cost 1233444345
Other Costs 4577101014122312
Operating Profit 13162126303733466874
Operating Profit Margin (%) 7.6%7.3%7.5%8.8%7.4%7.0%4.3%5.5%4.8%4.2%
Other Income 111111561016
Interest 4477999101210
Depreciation 4456888121413
Exceptional Items 0000000000
Profit Before Tax 681014152020305266
Tax 123547581417
Profit After Tax 5679101315223949
PAT Margin (%) 2.8%2.6%2.4%3.0%2.5%2.5%2.0%2.6%2.7%2.8%
Adjusted EPS (₹)9.010.58.48.89.912.914.421.029.233.0
Dividend Payout Ratio (%)16%14%18%17%15%14%10%9%7%8%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 384369106118133145166233298
Share Capital 66810101010101315
Reserves 33386196108123135155220283
Minority Interest0000000000
Debt3037606684688610211754
Long Term Debt45781352211511
Short Term Debt263253587163848110343
Trade Payables3622147271926108
Others Liabilities 1091626221914355538
Total Liabilities 8195147201238226272321432497

Fixed Assets

Gross Block54597547737676105112114
Accumulated Depreciation2631396142229354048
Net Fixed Assets27283741595447707266
CWIP 1108013137
Investments 24510121211102942
Inventories597173627254562108
Trade Receivables274177105113113138123133165
Cash Equivalents 7411643664628
Others Assets1281014131741658781
Total Assets 8195147201238226272321432497

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3212-1172921292961
PBT 681014152020305266
Adjustment 881112161716193014
Changes in Working Capital -10-13-6-34-17-4-7-14-40-2
Tax Paid -1-2-4-3-6-4-7-6-13-18
Cash Flow From Investing Activity -8-7-9-21-20-4-27-26-16-10
Capex -7-5-8-18-18-4-3-9-8-9
Net Investments 0-2-1-3-2022-6-12
Others 000000-27-19-211
Cash Flow From Financing Activity 7202710-267123-68
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 31515-9-319-6-4
Interest Paid -4-4-6-7-8-9-9-8-9-8
Dividend Paid -1-1-1-1-2-2-2-2-2-3
Others 8623315-721-841-53
Net Cash Flow 2-32-5-2-11336-18
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)13.6814.2211.9710.139.0910.5310.6113.8619.3618.6
ROCE (%)15.3515.7414.7713.2111.5313.713.1315.6120.1921.3
Asset Turnover Ratio2.422.492.31.691.882.283.022.813.733.79
PAT to CFO Conversion(x)0.60.331.71-1.220.72.231.41.320.741.24
Working Capital Days
Receivable Days465677112967861573331
Inventory Days10121115242213151418
Payable Days8117399912715

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 18-Apr-2024 16:01 is ₹819.5.
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 18-Apr-2024 16:01 the market cap of Agarwal Indl. Corp stood at ₹1,220.
The latest P/E ratio of Agarwal Indl. Corp as of 18-Apr-2024 16:01 is 24.86.
The latest P/B ratio of Agarwal Indl. Corp as of 18-Apr-2024 16:01 is 3.70.
The 52-week high of Agarwal Indl. Corp is ₹1,154.3 and the 52-week low is ₹585.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Agarwal Indl. Corp is ₹1,718 ( 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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