Agni Green Power Ltd.
₹ 15.9
-2.15%
13 Mar
- close price
About
Incorporated in 1995, Agni Green Power Ltd is in the business of manufacture/assembly of Solar Photovoltaic Power Plants, Solar
Lamps and other Solar products and erection, installation and servicing the same.[1]
Key Points
- Market Cap ₹ 31.1 Cr.
- Current Price ₹ 15.9
- High / Low ₹ 43.4 / 15.8
- Stock P/E 44.4
- Book Value ₹ 16.2
- Dividend Yield 0.00 %
- ROCE 6.94 %
- ROE 2.02 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.98 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.50% over last 3 years.
- Contingent liabilities of Rs.9.37 Cr.
- Company has high debtors of 219 days.
- Company's cost of borrowing seems high
* 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
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 24.67 | 36.82 | 31.24 | 22.29 | 34.44 | 15.40 | 22.02 | 35.27 | 41.09 | 41.94 | |
| 23.32 | 35.64 | 27.53 | 21.42 | 32.81 | 14.76 | 22.14 | 33.19 | 38.36 | 39.09 | |
| Operating Profit | 1.35 | 1.18 | 3.71 | 0.87 | 1.63 | 0.64 | -0.12 | 2.08 | 2.73 | 2.85 |
| OPM % | 5.47% | 3.20% | 11.88% | 3.90% | 4.73% | 4.16% | -0.54% | 5.90% | 6.64% | 6.80% |
| 0.47 | 0.82 | 0.49 | 0.95 | 0.83 | 1.03 | 0.56 | 0.35 | 0.34 | 0.49 | |
| Interest | 0.09 | 0.18 | 0.73 | 0.99 | 1.53 | 1.12 | 1.64 | 1.68 | 1.96 | 2.17 |
| Depreciation | 0.18 | 0.15 | 0.51 | 0.58 | 0.79 | 0.26 | 0.22 | 0.23 | 0.26 | 0.24 |
| Profit before tax | 1.55 | 1.67 | 2.96 | 0.25 | 0.14 | 0.29 | -1.42 | 0.52 | 0.85 | 0.93 |
| Tax % | 29.68% | 30.54% | 24.32% | 60.00% | 21.43% | 27.59% | 0.00% | 26.92% | 25.88% | |
| 1.09 | 1.17 | 2.23 | 0.10 | 0.11 | 0.22 | -1.41 | 0.38 | 0.63 | 0.70 | |
| EPS in Rs | 47.31 | 50.78 | 3.12 | 0.14 | 0.15 | 0.15 | -0.72 | 0.19 | 0.32 | 0.36 |
| Dividend Payout % | 0.21% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 39% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 52% |
| TTM: | 67% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -1% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.23 | 0.23 | 7.14 | 7.14 | 7.14 | 14.28 | 19.53 | 19.53 | 19.53 | 19.53 |
| Reserves | 18.88 | 20.02 | 19.05 | 19.15 | 19.26 | 12.33 | 10.92 | 11.31 | 11.93 | 12.17 |
| 1.54 | 3.40 | 7.26 | 8.95 | 11.36 | 12.19 | 9.67 | 8.85 | 9.81 | 10.84 | |
| 7.53 | 9.03 | 12.56 | 10.07 | 8.73 | 3.92 | 4.71 | 7.94 | 7.66 | 6.55 | |
| Total Liabilities | 28.18 | 32.68 | 46.01 | 45.31 | 46.49 | 42.72 | 44.83 | 47.63 | 48.93 | 49.09 |
| 1.62 | 1.61 | 5.37 | 4.83 | 4.05 | 3.82 | 3.62 | 3.71 | 3.49 | 3.38 | |
| CWIP | 0.93 | 0.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 25.63 | 30.09 | 40.64 | 40.48 | 42.44 | 38.90 | 41.21 | 43.92 | 45.44 | 45.71 | |
| Total Assets | 28.18 | 32.68 | 46.01 | 45.31 | 46.49 | 42.72 | 44.83 | 47.63 | 48.93 | 49.09 |
Cash Flows
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 2.10 | -4.72 | -1.53 | -0.86 | -1.11 | 2.05 | -1.40 | -0.02 | 1.31 | |
| 0.15 | 0.00 | 1.68 | -0.60 | 0.21 | 0.09 | 0.11 | -0.15 | 0.19 | |
| 0.24 | 2.32 | 1.96 | 0.91 | -2.14 | -0.27 | 1.23 | -2.51 | -1.01 | |
| Net Cash Flow | 2.49 | -2.39 | 2.11 | -0.55 | -3.04 | 1.86 | -0.06 | -2.68 | 0.49 |
Ratios
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 207.58 | 149.29 | 276.32 | 282.96 | 186.95 | 358.36 | 278.31 | 229.12 | 219.41 |
| Inventory Days | 23.62 | 43.63 | 27.38 | 148.46 | 48.57 | 463.44 | 199.43 | 103.90 | 79.93 |
| Days Payable | 160.41 | 105.69 | 175.19 | 142.74 | 109.41 | 206.93 | 95.95 | 107.05 | 95.41 |
| Cash Conversion Cycle | 70.79 | 87.23 | 128.51 | 288.68 | 126.12 | 614.87 | 381.79 | 225.98 | 203.92 |
| Working Capital Days | 115.55 | 94.57 | 117.66 | 181.27 | 94.32 | 292.24 | 259.91 | 168.17 | 151.19 |
| ROCE % | 8.26% | 3.49% | 4.58% | 3.53% | 0.56% | 5.34% | 6.94% |
Insights
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Documents
Announcements
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Structural Digital Database
22 January 2026 - Compliance certificate for quarter ended 31 Dec 2025; SDD in place, two events captured, no noncompliances.
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Clarification - Financial Results
20 January 2026 - Exchange has sought clarification from Agni Green Power Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 January 2026 - Certificate under Reg.74(5) for quarter ended 31-Dec-2025; no physical securities dematerialized.
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Appointment
14 November 2025 - Appointed M A K D B & Associates as internal auditor on 13-Nov-2025 for FY2025-26.
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Outcome of Board Meeting
13 November 2025 - Board approved half-year results (30 Sep 2025): revenue Rs1,715.66 lakh, PAT Rs23.32 lakh; appointed internal auditor (M A K D B & Associates).
Business Overview:[1][2]
AGPL is an integrated solar energy solutions provider specializing in turnkey Solar PV projects, managing the entire lifecycle — from design, engineering, supply, and installation to commissioning, operations, and maintenance for both stand-alone and grid-connected systems.Alongside EPC services, AGPL manufactures a diverse range of solar products including inverters, power conditioning units, MPPT chargers, remote monitoring systems, junction boxes, control panels, DC energy meters, adapters, and pump controllers.