Agarwal Industrial Corporation Q1 results, quarter to Jun 2026

NSE: AGARINDBSE: 531921Chemicals & PetrochemicalsSmall Cap

Agarwal Industrial Corporation Limited · Face value ₹10 · Listed Oct 2001 on BSE, May 2014 on NSE

₹329.65₹15.00 (4.77%)BSE ₹329.55

Share price at the NSE close on 27 Oct 2026. Previous close ₹314.65.

27 Oct: open ₹321.85, high ₹340.00, low ₹315.35

52-week range of traded prices to 27 Oct 2026

₹311.30Low, 26 Oct 2026₹898.70High, 27 Oct 2025

Market cap: ₹493 Cr1,615th largest listed
P/E: 12.06
P/B: 0.72
Dividend yield: 1.00%
ROE: 6.2%
ROCE: 5.7%
Debt to equity: 0.49
Volume, NSE: 31,26052.4% delivered

Agarwal Industrial Corporation filed its Q1 results for the quarter to Jun 2026 on 13 Aug 2026 at 5:32 pm, consolidated: the company and its subsidiaries together.

Q1 results, quarter to Jun 2026

₹ crore.Agarwal Industrial Corporation annual results and balance sheet

Revenue: ₹433 Cr−27.0% on a year ago · +6.9% on the quarter before
Operating profit: ₹30 Cr−17.4% on a year ago · −8.1% on the quarter before
Net profit: ₹10 Cr−20.6% on a year ago · −34.3% on the quarter before
Earnings per share: ₹6.92−20.6% on a year ago · −34.3% on the quarter before
Operating margin: 6.9%
Net margin: 2.4%

From revenue to net profit, ₹ crore

Revenue433
Materials and goods−316
Employee costs−3.1
Other expenses−84
Operating profit30
Depreciation−14
Other income+2.8
Finance costs−5.2
Profit before tax14
Tax−3.2
Net profit10

Agarwal Industrial Corporation results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹823 Cr, quarter to Mar 2025; lowest ₹232 Cr, quarter to Sep 2023

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1Filed 14 Aug	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 24 May	Jun 2025Q1Filed 14 Aug	Sep 2025Q2Filed 13 Nov	Dec 2025Q3Filed 14 Feb	Mar 2026Q4	Jun 2026Q1Filed 13 Aug
Revenue from operations	159	381	651	581	223	552	660	629	232	488	776	708	326	542	823	594	245	408	405	433
	146	348	615	547	201	514	617	587	205	444	716	648	290	489	770	557	217	388	373	403
Materials and goods bought	112	288	554	499	154	457	559	525	158	374	630	562	214	406	693	475	153	295	297	316
Employee costs	2	2	2	2	2	2	2	2	2	2	3	3	3	3	3	3	3	3	3	3
Other expenses	32	58	59	46	45	55	56	60	45	67	84	83	73	79	74	80	61	89	73	84
Operating profit before depreciation	13	33	36	34	21	38	43	41	27	44	60	60	35	53	54	36	28	21	32	30
Operating margin	8.0%	8.7%	5.5%	5.8%	9.5%	6.9%	6.5%	6.6%	11.6%	9.1%	7.7%	8.5%	10.8%	9.8%	6.5%	6.1%	11.4%	5.1%	8.0%	6.9%
Depreciation and amortisation	5	5	5	5	6	6	6	6	7	7	10	10	10	15	12	13	13	13	13	14
Other income	0	0	2	2	4	2	1	1	2	1	2	2	2	2	5	2	5	5	6	3
Finance costs	3	3	3	3	2	3	4	4	4	5	8	8	6	7	9	8	7	7	5	5
One-off items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	5	26	29	28	18	31	33	32	18	33	44	44	20	34	37	17	14	5	20	14
Tax	1	5	5	5	2	6	5	4	2	6	6	5	2	6	6	4	2	2	5	3
Tax rate	18.8%	20.1%	17.3%	16.4%	12.8%	18.3%	15.0%	13.9%	11.9%	17.2%	12.8%	11.2%	8.6%	18.2%	17.0%	21.6%	11.7%	39.8%	22.8%	23.8%
	4	21	24	23	15	25	28	28	16	28	38	39	18	28	31	13	12	3	16	10
Belonging to the company's shareholders	4	21	24	23	15	25	28	28	16	28	38	39	18	28	31	13	12	3	16	10
Other comprehensive income	0	0	1	3	3	1	1	0	2	0	1	0	1	4	−1	0	9	3	11	2
Total comprehensive income	4	21	25	26	18	26	29	27	18	27	39	39	19	32	30	14	21	6	27	13
Net margin	2.7%	5.4%	3.6%	4.0%	6.9%	4.6%	4.3%	4.4%	6.9%	5.7%	4.9%	5.5%	5.7%	5.1%	3.7%	2.2%	4.9%	0.7%	3.9%	2.4%
Earnings per share	₹3.53	₹17.00	₹19.04	₹17.37	₹10.93	₹17.63	₹19.56	₹18.43	₹10.71	₹18.47	₹25.41	₹26.07	₹12.33	₹18.52	₹20.42	₹8.71	₹8.02	₹1.87	₹10.53	₹6.92

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Agarwal Industrial Corporation segment results by year

Ancillary Infra (Bitumen & Allied products)
Revenue, ₹ crore
158
391
579
220
431
723
496
159
312
314
330
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
6
22
19
6
23
25
16
4
10
11
12
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Petroleum vessels operating and chartering
Revenue, ₹ crore
96
83
81
73
72
65
77
68
85
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
30
19
15
19
8
12
2
7
6
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Logistics
Revenue, ₹ crore
14
20
23
18
13
19
20
16
14
17
16
9
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
1
2
3
1
1
2
2
0
1
0
2
−1
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Petroleum Products
Revenue, ₹ crore
15
19
19
18
12
15
14
13
9
10
10
11
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
0
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Wind Mill
Revenue, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
0
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
0
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	235	492	781	711	329	547	830	598	248	416	408	436
Company revenue, as in its results	232	488	776	708	326	542	823	594	245	408	405	433
Revenue	158	391	–	579	220	431	723	496	159	312	314	330
Revenue growth	4.3%	−17.1%	–	8.2%	38.9%	10.3%	–	−14.2%	−27.8%	−27.8%	−56.6%	−33.5%
Profit	6	22	–	19	6	23	25	16	4	10	11	12
Profit growth	11.7%	10.1%	–	11.5%	−0.4%	4.5%	–	−14.6%	−33.4%	−54.3%	−56.6%	−24.7%
Margin	3.8%	5.6%	–	3.3%	2.7%	5.3%	3.5%	3.3%	2.5%	3.3%	3.5%	3.7%
Assets	328	451	–	488	392	516	556	485	487	479	400	317
Liabilities	140	252	–	270	184	293	317	234	260	272	188	110
Capital employed	188	199	–	218	209	223	239	251	227	207	212	207
Revenue	–	–	–	96	83	81	73	72	65	77	68	85
Revenue growth	–	–	–	–	–	–	–	−25.5%	−21.6%	−5.2%	−7.6%	19.1%
Profit	–	–	–	30	19	15	19	8	12	2	7	6
Profit growth	–	–	–	–	–	–	–	−73.2%	−37.0%	−88.0%	−63.9%	−24.0%
Margin	–	–	–	31.6%	23.0%	18.7%	25.3%	11.4%	18.5%	2.4%	9.9%	7.3%
Assets	–	–	–	562	553	612	675	689	718	703	661	676
Liabilities	–	–	–	313	287	329	379	389	383	363	303	303
Capital employed	–	–	–	249	265	283	296	301	336	340	358	373
Revenue	14	20	23	18	13	19	20	16	14	17	16	9
Revenue growth	4.1%	1.6%	−2.5%	−14.6%	−8.1%	−3.6%	−13.4%	−6.3%	5.1%	−10.4%	−18.8%	−44.9%
Profit	1	2	3	1	1	2	2	0	1	0	2	−1
Profit growth	64.1%	16.5%	184.7%	−8.1%	2.8%	4.0%	−40.7%	−80.1%	−46.0%	−91.2%	−8.4%	–
Margin	7.9%	11.4%	11.9%	7.9%	8.8%	12.3%	8.2%	1.7%	4.5%	1.2%	9.2%	−5.8%
Assets	35	35	51	48	50	44	61	60	61	57	56	58
Liabilities	9	10	8	9	7	8	15	16	15	16	12	13
Capital employed	25	25	43	39	43	36	46	44	45	41	44	45
Revenue	15	19	19	18	12	15	14	13	9	10	10	11
Revenue growth	2.7%	0.0%	−6.4%	−13.7%	−21.8%	−21.1%	−23.1%	−29.4%	−22.5%	−31.3%	−29.8%	−13.5%
Profit	0	0	0	0	0	0	0	0	0	0	0	0
Profit growth	−5.4%	−36.4%	106.9%	17.9%	46.8%	−3.5%	124.0%	−58.2%	−34.7%	−54.7%	−94.2%	15.1%
Margin	0.3%	0.9%	0.5%	1.0%	0.6%	1.1%	1.4%	0.6%	0.5%	0.7%	0.1%	0.8%
Assets	4	7	7	7	7	7	7	5	5	5	4	5
Liabilities	1	1	2	1	1	2	2	1	1	1	1	1
Capital employed	3	5	5	6	6	5	5	4	4	4	3	4
Revenue	0	0	0	0	0	0	0	0	0	0	0	0
Profit	0	0	0	0	0	0	0	0	0	0	0	0
Margin	40.5%	−40.4%	13.6%	22.5%	35.5%	−167.2%	−79.0%	8.7%	33.4%	−448.8%	−74.5%	−0.8%
Assets	4	4	4	4	4	4	3	3	3	3	3	3
Liabilities	0	0	0	0	0	0	0	0	0	0	0	0
Capital employed	4	4	4	4	4	4	3	3	3	3	3	3
Revenue	–	62	88	–	–	–	–	–	–	–	–	–
Profit	–	14	28	–	–	–	–	–	–	–	–	–
Margin	–	22.5%	31.5%	–	–	–	–	–	–	–	–	–
Assets	–	451	559	–	–	–	–	–	–	–	–	–
Liabilities	–	249	336	–	–	–	–	–	–	–	–	–
Capital employed	–	202	223	–	–	–	–	–	–	–	–	–
Revenue	–	–	650	–	–	–	–	–	–	–	–	–
Profit	–	–	21	–	–	–	–	–	–	–	–	–
Margin	–	–	3.3%	–	–	–	–	–	–	–	–	–
Assets	–	–	458	–	–	–	–	–	–	–	–	–
Liabilities	–	–	256	–	–	–	–	–	–	–	–	–
Capital employed	–	–	202	–	–	–	–	–	–	–	–	–
Revenue	47	–	–	–	–	–	–	–	–	–	–	–
Revenue growth	4.6%	–	–	–	–	–	–	–	–	–	–	–
Profit	13	–	–	–	–	–	–	–	–	–	–	–
Profit growth	26.2%	–	–	–	–	–	–	–	–	–	–	–
Margin	27.5%	–	–	–	–	–	–	–	–	–	–	–
Assets	346	–	–	–	–	–	–	–	–	–	–	–
Liabilities	157	–	–	–	–	–	–	–	–	–	–	–
Capital employed	189	–	–	–	–	–	–	–	–	–	–	–
Revenue	3	2	3	3	2	2	3	2	6	2	9	4
Profit	0	0	0	0	0	0	0	0	0	0	0	0
Assets	41	43	41	43	44	51	43	44	70	72	79	79
Liabilities	5	6	7	8	5	5	5	6	29	5	9	9
	–	0	–	–	0	–	–	–	–	–	–	–
Profit	–	−2	–	–	−2	–	–	–	–	–	–	–
Assets	–	0	–	–	0	–	–	–	–	–	–	–
Liabilities	–	0	–	–	0	–	–	–	–	–	–	–
	–	0	–	–	–	–	–	–	–	–	–	–
Profit	–	2	–	–	–	–	–	–	–	–	–	–
Assets	–	0	–	–	–	–	–	–	–	–	–	–
Liabilities	–	0	–	–	–	–	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Q1 results, quarter to Jun 2026

From revenue to net profit, ₹ crore

Agarwal Industrial Corporation results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Ancillary Infra (Bitumen & Allied products)

Petroleum vessels operating and chartering

Logistics

Petroleum Products

Wind Mill