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Agarwal Industrial Corporation Limited (AGARIND.NS)

INR516.65 -10.35 (-1.96%)
IN NSE Basic Materials Chemicals - Specialty
Address Eastern Court 400071
Mumbai, IN
CEO Jaiprakash Rahulkumar Agarwal
Website aicltd.in
IPO 2014-05-26
ISIN INE204E01012

Explore sections of this company profile

Also trades on Bombay Stock Exchange · AGARIND.BO (INR) National Stock Exchange of India · AGARIND.NS (INR)
Description

Agarwal Industrial Corporation Limited (AICL) operates primarily in India, specializing in the production and commercialization of petrochemicals. Its business activities are segmented into petrochemicals, transportation services, and power generation. The company's comprehensive product lineup includes various grades of bitumen—such as paving, industrial, viscosity, crumb rubber modified, and polymer modified—along with bitumen emulsions vital for road construction. Additionally, AICL offers a range of related byproducts and waterproofing materials, including bituminous felts, expansion jointing boards, bitumen-based coatings and paints, insulation materials, and specialized compounds like bitubonds, bituplasts, bituminous blacks, bitukotes, bitupremier, and cable compounds. Beyond manufacturing, the company is involved in transporting bulk bitumen and liquefied petroleum gas (LPG), manages the import and storage of bitumen, and generates electricity through wind power. Established in 1995 and based in Mumbai, India, AICL was previously known as Bombay Baroda Roadways (India) Limited until its rebranding in March 2008.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR516.65 -10.35 (-1.96%)
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Volume Profile
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Liquidity & share structure
Average Volume
202.7K
Beta
0.16
Float Shares
5.40M
Free Float %
36.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.08% -1.75% +0.61% -20.37% -44.89% -40.53% -55.42% -29.25% +103.81% +258.56% +145.56%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
516.65
Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.37
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Chemicals - Specialty: +4.7%
    -31.4% Q1'26: -51.0% (vs Q1'25)
  • ✗
    EPS growth Chemicals - Specialty: +13.2%
    -86.4% Q1'26: +42.7% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +8.8% ★ Q1'26: +8.2% (vs Q1'25)
  • ✗
    EBIT margin Chemicals - Specialty: +8.8%
    +4.0% Q1'26: +4.7% (vs Q1'25)
  • ✗
    ROIC Chemicals - Specialty: +5.6%
    +5.6% ★ Q1'26: +6.4% (vs Q1'25)
  • ✗
    Share dilution Chemicals - Specialty: +0.1%
    +176.6% Q1'26: -63.9% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    2.91× Q1'26: 2.63× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.22) × ERP
WACC = 84% × Ke + 16% × Kd (8.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Current price: 516.65
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual 		Mar 2017
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
1 Rev. Ana.
1 EPS Ana. 		Mar 2027
1 Rev. Ana.
1 EPS Ana. 		Mar 2028
1 Rev. Ana.
1 EPS Ana. 		Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
2.24B
est: 2.46B (-8.7%)
2.97B
est: 2.34B (+26.8%)
7.87B
est: 6.81B (+15.5%)
9.04B
est: 7.91B (+14.3%)
15.98B
est: 15.84B (+0.9%)
20.15B
est: 32.22B (-37.5%)
21.25B
est: 2.42B (+777.9%)
24.09B
est: 2.86B (+743.5%)
2.31B
2.31B – 2.31B
-19.2% YoY
2.66B
2.66B – 2.66B
+15.0% YoY
6.71B
6.71B – 6.71B
+152.9% YoY
7.79B
7.79B – 7.79B
+16.0% YoY
EBITDA
167.46M
est: 191.29M (-12.5%)
266.31M
est: 178.84M (+48.9%)
484.91M
est: 520.08M (-6.8%)
725.91M
est: 603.29M (+20.3%)
1.08B
est: 479.58M (+125.9%)
1.45B
est: 2.52B (-42.6%)
1.78B
est: 238.60M (+646.7%)
2.06B
est: 281.54M (+631.8%)
227.55M
227.55M – 227.55M
-19.2% YoY
261.68M
261.68M – 261.68M
+15.0% YoY
661.75M
661.75M – 661.75M
+152.9% YoY
767.63M
767.63M – 767.63M
+16.0% YoY
EBIT
122.91M
est: 156.47M (-21.4%)
208.48M
est: 146.28M (+42.5%)
395.34M
est: 425.41M (-7.1%)
578.10M
est: 493.48M (+17.1%)
885.81M
est: 595.90M (+48.6%)
1.22B
est: 2.06B (-40.9%)
1.44B
est: 192.51M (+645.5%)
1.65B
est: 227.16M (+625.7%)
183.60M
183.60M – 183.60M
-19.2% YoY
211.14M
211.14M – 211.14M
+15.0% YoY
533.92M
533.92M – 533.92M
+152.9% YoY
619.35M
619.35M – 619.35M
+16.0% YoY
Net Income
58.75M
est: 178.20M (-67.0%)
89.62M
est: 143.32M (-37.5%)
255.54M
est: 316.10M (-19.2%)
405.33M
est: 381.38M (+6.3%)
636.89M
est: 348.33M (+82.8%)
922.58M
est: 1.10B (-16.1%)
1.09B
est: 174.71M (+525.2%)
1.16B
est: 208.66M (+454.4%)
141.20M
141.20M – 141.20M
-32.3% YoY
165.14M
165.14M – 165.14M
+16.9% YoY
311.43M
311.43M – 311.43M
+88.6% YoY
375.74M
375.74M – 375.74M
+20.7% YoY
SGA
3.13M
est: 19.90M (-84.3%)
34.41M
est: 18.61M (+84.9%)
72.19M
est: 54.12M (+33.4%)
77.13M
est: 62.77M (+22.9%)
128.71M
est: 403.91M (-68.1%)
150.34M
est: 262.34M (-42.7%)
246.13M
est: 19.61M (+1,155.1%)
117.43M
est: 23.14M (+407.5%)
18.70M
18.70M – 18.70M
-19.2% YoY
21.51M
21.51M – 21.51M
+15.0% YoY
54.39M
54.39M – 54.39M
+152.9% YoY
63.09M
63.09M – 63.09M
+16.0% YoY
EPS
10.66
est: 11.91 (-10.5%)
10.63
est: 9.63 (+10.4%)
24.91
est: 21.24 (+17.3%)
39.51
est: 25.62 (+54.2%)
51.10
est: 42.86 (+19.2%)
63.78
est: 73.11 (-12.8%)
73.02
est: 11.68 (+525.2%)
77.34
est: 13.95 (+454.4%)
9.44
9.44 – 9.44
-32.3% YoY
11.04
11.04 – 11.04
+16.9% YoY
20.82
20.82 – 20.82
+88.6% YoY
25.12
25.12 – 25.12
+20.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-02 B+ 3/5 1/5 4/5 4/5 2/5 3/5 5/5
2026-06-01 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-26 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-25 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-18 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
73.40M
OE per share TTM
4.91
Owner's Yield
320.05%
Maintenance CapEx ratio
674.32%
Maint CapEx / Avg PPE
24.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
5.06M
Shares Outstanding
14.96M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jaiprakash Rahulkumar Agarwal MD & Executive Director 9M male
Lalit Kumar Agarwal Whole-Time Director 9M male
Ramchandra Agarwal Whole-Time Director 9M male
Vipin Agarwal Chief Financial Officer 4M male
Yashee Agrawal Company Secretary & Compliance Officer 568.0K female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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