Agarwal Float Glass India Ltd
Incorporated in 1997, Agarwal
Float Glass India Ltd does Trading
of Glasses and other allied activities[1]
- Market Cap ₹ 43.4 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 104 / 42.0
- Stock P/E 14.1
- Book Value ₹ 25.6
- Dividend Yield 0.00 %
- ROCE 17.6 %
- ROE 18.1 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 58.0 to 31.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.9% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Glass - Industrial
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 32.09 | 31.63 | 42.10 | 48.19 | 78.91 | 72.06 | |
| 30.57 | 30.35 | 39.81 | 43.61 | 78.00 | 66.40 | |
| Operating Profit | 1.52 | 1.28 | 2.29 | 4.58 | 0.91 | 5.66 |
| OPM % | 4.74% | 4.05% | 5.44% | 9.50% | 1.15% | 7.85% |
| 0.04 | 0.25 | 0.07 | 0.13 | 0.65 | 0.09 | |
| Interest | 1.13 | 1.12 | 0.94 | 1.15 | 1.23 | 1.46 |
| Depreciation | 0.14 | 0.06 | 0.06 | 0.07 | 0.11 | 0.06 |
| Profit before tax | 0.29 | 0.35 | 1.36 | 3.49 | 0.22 | 4.23 |
| Tax % | 68.97% | 28.57% | 33.09% | 28.65% | 18.18% | 27.42% |
| 0.09 | 0.25 | 0.91 | 2.49 | 0.19 | 3.07 | |
| EPS in Rs | 0.45 | 1.24 | 4.50 | 3.44 | 0.26 | 4.24 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 20% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 85% |
| 3 Years: | 50% |
| TTM: | 1516% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2.02 | 2.02 | 2.02 | 7.24 | 7.24 | 7.24 |
| Reserves | -0.01 | 0.24 | 1.53 | 8.00 | 8.20 | 11.27 |
| 11.20 | 11.75 | 11.77 | 8.98 | 13.22 | 17.50 | |
| 4.46 | 4.11 | 2.30 | 2.85 | 1.63 | 2.92 | |
| Total Liabilities | 17.67 | 18.12 | 17.62 | 27.07 | 30.29 | 38.93 |
| 0.36 | 0.32 | 0.29 | 0.26 | 0.28 | 0.43 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.43 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 17.31 | 17.80 | 17.33 | 26.81 | 30.01 | 34.07 | |
| Total Assets | 17.67 | 18.12 | 17.62 | 27.07 | 30.29 | 38.93 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -8.57 | 0.06 | 1.44 | -4.99 | -0.81 | 1.62 | |
| -0.50 | -0.02 | -0.03 | -0.02 | -0.11 | -4.53 | |
| 9.61 | -0.57 | -1.02 | 5.27 | 0.98 | 2.81 | |
| Net Cash Flow | 0.54 | -0.53 | 0.39 | 0.26 | 0.06 | -0.10 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 105.33 | 113.09 | 76.55 | 85.82 | 56.66 | 31.40 |
| Inventory Days | 75.33 | 87.88 | 71.38 | 110.34 | 62.02 | 77.85 |
| Days Payable | 47.65 | 39.80 | 15.03 | 14.18 | 5.49 | 6.36 |
| Cash Conversion Cycle | 133.01 | 161.17 | 132.91 | 181.97 | 113.19 | 102.90 |
| Working Capital Days | 130.35 | 157.63 | 126.58 | 175.80 | 127.76 | 154.34 |
| ROCE % | 10.80% | 15.68% | 23.93% | 5.48% | 17.60% |
Documents
Announcements
-
Amendment to AOA/MOA
22 July 2025 - Authorized share capital increased from Rs.11 crore to Rs.26 crore as per shareholder approval.
-
Shareholders meeting
22 July 2025 - EGM passed resolution to increase authorised share capital and amend Memorandum of Association.
-
Shareholders meeting
21 July 2025 - EGM approved increase in authorized share capital and amended Memorandum of Association.
-
Disclosure under SEBI Takeover Regulations
3 July 2025 - Promoters confirm no encumbrance on shares for FY ended March 31, 2025 under SEBI Regulation 31(4).
-
Disclosure under SEBI Takeover Regulations
3 July 2025 - Promoters declare no encumbrance on shares for FY ended March 31, 2025 under SEBI Regulation 31(4).
Business Overview:[1]
AFGIL is in trading of glass and specialized glass products, procuring products frommanufacturers and selling it through sales managers or directly to its customers.