# Agarwal Industrial Corporation share price today (Agarwal Industrial Corporation Ltd, NSE: AGARIND)

> Agarwal Industrial Corporation share price today: ₹329.80 at the NSE close on 3 November 2026, down 61.7% in a year. Agarwal Industrial Corporation (NSE: AGARIND) is worth ₹493 crore, trades at a P/E of 12.1 and has closed between ₹322.05 and ₹860.00 over the past 52 weeks. > Agarwal Industrial Corporation Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. AGARIND · Petrochem - Others · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/agarwal-industrial-corporation-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹329.80 (−61.7% in a year)
- P/E: 12.1× (lower than 59% of the last 11 years)
- Revenue (Jun 2026): ₹433 Cr (−27.1% on a year ago)
- Profit (Jun 2026): ₹10.0 Cr (−23.1% on a year ago)
- Operating margin: 7.0% (+1.0 points on a year ago)
- ROCE: 8%, FY26
- ROIC: 4.9%, against a 12.0% cost of capital: −7.1 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Agarwal Industrial Corporation share price today? Agarwal Industrial Corporation Ltd's share price was ₹329.80 at the close on 3 November 2026. It has been falling for 87 weeks. That is 35.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹322 and ₹860, and at that close it sat 1% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +116% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Agarwal Industrial Corporation this quarter? Two changes stood out: profit down on a year earlier for 6 quarters in a row and revenue down on a year earlier for 5 quarters in a row. 1. Profit down on a year earlier for 6 quarters in a row In the June 2026 quarter profit was ₹10 crore, -23.1% on a year earlier. 2. Revenue down on a year earlier for 5 quarters in a row In the June 2026 quarter revenue was ₹433 crore, -27.1% on a year earlier. ## What are Agarwal Industrial Corporation's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Agarwal Industrial Corporation reported revenue of ₹433 crore, down 27.1% from ₹594 crore a year earlier, and a profit of ₹10.0 crore, down 23.1% from ₹13.0 crore. ### Agarwal Industrial Corporation results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹433 crore | ₹594 crore | −27.1% |
| Profit | ₹10.0 crore | ₹13.0 crore | −23.1% |
| Earnings per share | ₹6.92 | ₹8.71 | −20.6% |
| Operating margin | 7.0% | 6.0% | +1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Agarwal Industrial Corporation share price history? Agarwal Industrial Corporation closed at ₹329.80 on 3 November 2026, down 61.7% from ₹860.10 a year earlier (31 October 2025) and down 6.9% over five years. Its highest weekly close since March 2016 was ₹1,335.80 on 20 December 2024. ### Agarwal Industrial Corporation share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹324.40 | +1.7% |
| 1 month ago · 1 Oct 2026 | ₹385.20 | −14.4% |
| 6 months ago · 30 Apr 2026 | ₹416.95 | −20.9% |
| 1 year ago · 31 Oct 2025 | ₹860.10 | −61.7% |
| 3 years ago · 3 Nov 2023 | ₹864.05 | −61.8% |
| 5 years ago · 4 Nov 2021 | ₹354.15 | −6.9% |
| 10 years ago · 4 Nov 2016 | ₹328.35 | +0.4% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹152.95 | +115.6% |
| Highest weekly close since March 2016 · 20 Dec 2024 | ₹1,335.80 | −75.3% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹48.65 | +577.9% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹860.00 | −61.7% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹322.05 | +2.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Agarwal Industrial Corporation? 3 Nov 2026: Agarwal Industrial Corporation closed at ₹329.80, up 1.7% on the week and down 14.4% on the month. 17 Sep 2026: ex-date for a dividend of ₹3.30 a share. ### Earlier

- Results for April to June 2026: Revenue down 27.1% and profit down 23.1% on a year earlier. ## What dividend does Agarwal Industrial Corporation pay? Agarwal Industrial Corporation paid ₹3.30 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.00% at the ₹329.80 close on 3 November 2026. The last was a dividend of ₹3.30 a share, ex-date 17 September 2026. ### Agarwal Industrial Corporation dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 17 Sep 2026 | ₹3.30 | Dividend |
| 16 Sep 2025 | ₹3.30 | Dividend |
| 6 Sep 2024 | ₹3 | Dividend |
| 8 Sep 2023 | ₹2.50 | Dividend |
| 22 Sep 2022 | ₹2 | Dividend |
| 22 Sep 2021 | ₹1.80 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Agarwal Industrial Corporation Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Agarwal Industrial Corporation on? Agarwal Industrial Corporation is not on any of our India lists this week. ## Is Agarwal Industrial Corporation profitable? Agarwal Industrial Corporation Ltd earned ₹10.0 Cr of net profit in the Jun 2026 quarter, −23.1% on the same quarter a year earlier. Full-year FY26 profit was ₹44.0 Cr. Over 10 years profit has grown 20.2% a year on average. That is 2.3% of the quarter's revenue. The same quarter a year earlier earned ₹13.0 Cr. For the full year, FY26 profit was ₹44.0 Cr (−62.1% on the year before). Why profit moved: revenue changed −27.1% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −48.5% and revenue −31.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Agarwal Industrial Corporation make, and is it growing? Agarwal Industrial Corporation Ltd reported ₹433 Cr of revenue in the Jun 2026 quarter, −27.1% on the same quarter a year earlier. Over 10 years it has grown 19.4% a year on average. The last full year, FY26, came in at ₹1,652 Cr. The last four reported quarters add to ₹1,491 Cr. FY26 revenue was ₹1,652 Cr, −31.1% on the year before. Recent pace: the last four quarters grew −31.9% on average, against 19.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −34.7%, against −17.8% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −54.4%, against −41.8% a year (rolling over). ## How much of every ₹100 of sales does Agarwal Industrial Corporation keep? Agarwal Industrial Corporation Ltd's operating margin was 7.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 6.0% and 9.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.8 percentage points on the year while gross margin changed +7.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Agarwal Industrial Corporation's profit turning into cash? Over the last 3 years, 166% of Agarwal Industrial Corporation Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹235 Cr of operating cash against ₹44.0 Cr of profit. After ₹94.0 Cr of spending on assets, ₹141 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 166% of profit came in as cash: the cash cycle got 38 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 4.1× depreciation over three years. The next section checks what that spending is building. ## Where does Agarwal Industrial Corporation's cash go? Agarwal Industrial Corporation Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 24 days in FY26, down from 62 days in FY21. It spent ₹531 Cr on assets over the last 3 years. Customers take 34 days to pay, and stock sits for 35 days on average. At FY26 sales of ₹1,652 Cr, each day of that cycle ties up about ₹4.5 Cr, so roughly ₹109 Cr is tied up in the business at any time. FY26: customers took 34 days to pay and stock sat for 35 days, about 1.2 months of sales sitting as stock, for a full cycle of 24 days, shorter than FY21's 62. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 35 days. Customers pay about 34 days after that. Suppliers are paid at 44 days. Together that makes the 24-day cycle. Spending on assets: ₹531 Cr over the last 3 years, against ₹130 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹31.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Agarwal Industrial Corporation's P/E ratio, and how does it compare with its own history? Agarwal Industrial Corporation Ltd's P/E is 12.1×, in the middle of its own history: higher than 41% of past readings. Its usual P/E (the middle reading) is 12.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −62.3% while the price moved −61.7%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved −1.4% a year; about −6.9% a year came from earnings growth and about +5.5 percentage points from the multiple (the market paying more); over 10 years the price moved +0.0% a year; about +10.0% a year came from earnings growth and about −10.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Agarwal Industrial Corporation business getting better or worse? Agarwal Industrial Corporation Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −34.7% in the latest quarter, against +17.1% at its best in 12 quarters, with ROCE falling at 9.4%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Agarwal Industrial Corporation earn on its capital? Agarwal Industrial Corporation Ltd earned a ROCE of 8% in FY26. Its return on capital used (ROIC) is 7.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.7% net margin and 1.37× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.7% net margin × 1.37× asset turnover × 1.74× leverage (assets divided by equity) ≈ 6.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.9% − 12.0% = −7.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Agarwal Industrial Corporation have too much debt? Agarwal Industrial Corporation Ltd has total debt of ₹341 Cr against shareholder equity of ₹689 Cr as of Jun 2026, so its debt is 0.49× its equity. Year by year, that ratio went from 0.58 in FY22 to 0.49 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Agarwal Industrial Corporation shareholding pattern? Foreign institutions cut their stake in Agarwal Industrial Corporation Ltd by 3.1 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 2.4% of the company. Domestic institutions moved −0.3 points over the same period, to 0.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −3.1 points over 8 quarters, to 2.4%; Domestic institutions: −0.3 points over 8 quarters, to 0.1%; Promoters: +0.0 points over 8 quarters, to 57.2%. Why the owners changed: foreign institutions drove it (−3.1 points). They reduced their stake. ## How far is Agarwal Industrial Corporation from balance-sheet trouble? For Agarwal Industrial Corporation Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Agarwal Industrial Corporation rank in its industry? 37.5 out of 100, rank 4 of 4 in Petrochem - Others, with 71% of the evidence available. Agarwal Industrial Corporation Ltd scores 37.5 out of 100 against the 4 companies it is compared with in Petrochem - Others, ranking 4. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 8.5 + 6.5 + 15 + 7.5 = 37.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Agarwal Industrial Corporation compared with? Agarwal Industrial Corporation ranks 4 of 4 Petrochem - Others companies on the 4-Factor Sector Score, with 37.5 out of 100. 1. [Savita Oil Technologies Ltd](https://www.sectoralpha.in/stocks/savita-oil-technologies-ltd) SOTL · leader · Most evidence points up · 93% evidence 78.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/35 · Revenue 26.2% · Profit 100% · Operating margin change 19 points · 88% evidence Capital efficiency 15.6/25 · ROCE 13.4% · Operating margin 25% · 100% evidence Valuation 15.6/20 · P/E 10.8× · PEG 0.77 · 85% evidence Relative strength 14.0/20 · Lead over its industry 33.2% · Lead over NIFTY 500 38.5% · 1 year 64.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 32.8 + 15.6 + 15.6 + 14 = 78 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Tamil Nadu Petro Products Ltd](https://www.sectoralpha.in/stocks/tamil-nadu-petro-products-ltd) TNPETRO · leader · Most evidence points up · 78% evidence 65.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue -2.5% · Profit 79.8% · Operating margin change 5 points · 88% evidence Capital efficiency 11.2/25 · ROCE 10.9% · Operating margin 15% · 100% evidence Valuation 14.6/20 · P/E 7.6× · PEG 0.48 · 85% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 19.3% · 1 year -7.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.7 + 11.2 + 14.6 + 12.5 = 65 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [DCW Ltd](https://www.sectoralpha.in/stocks/dcw-ltd) DCW · turning · Evidence leans down · 90% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 15.2% · Profit 38.8% · Operating margin change -4 points · 100% evidence Capital efficiency 8.3/25 · ROCE 9.9% · Operating margin 7% · 100% evidence Valuation 15.0/20 · P/E 19.6× · PEG 0.49 · 50% evidence Relative strength 6.9/20 · Lead over its industry -8.8% · Lead over NIFTY 500 -3.3% · 1 year -28.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18 + 8.3 + 15 + 6.9 = 48.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Agarwal Industrial Corporation Ltd this page AGARIND · quiet · Evidence leans down · 71% evidence 37.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.5/35 · Revenue -34.8% · Profit -54.4% · Operating margin change 1 points · 88% evidence Capital efficiency 6.5/25 · ROCE 7.7% · Operating margin 7% · 100% evidence Valuation 15.0/20 · P/E 11.8× · PEG 0.5 · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -36.3% · 1 year -62.6% · 25% evidence · 3 of 12 weeks ahead Exact sum: 8.5 + 6.5 + 15 + 7.5 = 37.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Petrochem - Others](https://www.sectoralpha.in/sectors/petrochem-others), all 4 compared on one page. ## Which companies are close to Agarwal Industrial Corporation in size? Agarwal Industrial Corporation is the 4th largest of 4 Petrochem - Others companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Savita Oil Technologies, DCW and Tamil Nadu Petro Products. It is the smallest. ### Petrochem - Others companies close in size

1. [Savita Oil Technologies Ltd](https://www.sectoralpha.in/stocks/savita-oil-technologies-ltd) ₹4,452 crore
2. [DCW Ltd](https://www.sectoralpha.in/stocks/dcw-ltd) ₹1,329 crore
3. [Tamil Nadu Petro Products Ltd](https://www.sectoralpha.in/stocks/tamil-nadu-petro-products-ltd) ₹1,033 crore
4. Agarwal Industrial Corporation Ltd ₹483 crore

[All 4 Petrochem - Others companies, largest first](https://www.sectoralpha.in/sectors/petrochem-others#all-companies)

### Companies close in size in other industries

1. [Taurian MPS Ltd](https://www.sectoralpha.in/stocks/taurian-mps-ltd) ₹485 crore · Engineering - Heavy - General
2. [Consolidated Construction Consortium Ltd](https://www.sectoralpha.in/stocks/consolidated-construction-consortium-ltd) ₹484 crore · Construction & Contracting
3. Agarwal Industrial Corporation Ltd ₹483 crore
4. [Singer India Ltd](https://www.sectoralpha.in/stocks/singer-india-ltd) ₹483 crore · Trading
5. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) ₹482 crore · IT - Software

## What else do people ask about Agarwal Industrial Corporation? ### What is Agarwal Industrial Corporation's share price today? Agarwal Industrial Corporation Ltd's share price is ₹329.80, −61.7% over the past year. The whole company is worth ₹493 Cr on the market. In the last 52 weeks it traded between ₹322 to ₹860; today it is 1% of the way up from the low, 35.7% below its 200-day average (as of 3 November 2026). ### What were Agarwal Industrial Corporation's latest quarterly results? Agarwal Industrial Corporation Ltd reported revenue of ₹433 Cr and net profit of ₹10.0 Cr for the Jun 2026 quarter. Revenue fell 27.1% and profit fell 23.1% compared with a year earlier. Earnings per share were ₹6.92. The operating margin was 7.0%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Agarwal Industrial Corporation's market cap? Agarwal Industrial Corporation Ltd's market capitalisation is ₹493 Cr at a share price of ₹329.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Agarwal Industrial Corporation performing? Agarwal Industrial Corporation Ltd's share price has been falling for 87 weeks. In its latest quarter, revenue fell 27.1% and profit fell 23.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 3 November 2026). ### Will Agarwal Industrial Corporation's share price go up? This page does not forecast Agarwal Industrial Corporation Ltd's share price. What it shows instead: the share price is ₹329.80, and it has been falling for 87 weeks. Its P/E of 12.1× is higher than 41% of its own last 11 years (as of 3 November 2026). ### Who owns Agarwal Industrial Corporation? Promoters own 57.2% of Agarwal Industrial Corporation Ltd, foreign institutions 2.4%, domestic institutions 0.1% and the public 40.4% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 3.1 percentage points over 8 quarters (as of 3 November 2026). ### Where is Agarwal Industrial Corporation in its business cycle? Agarwal Industrial Corporation Ltd's FY26 operating margin was 7.0%, against a 13-year range of 6.0% to 9.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Agarwal Industrial Corporation story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Agarwal Industrial Corporation a stock worth studying right now? What the numbers show: Agarwal Industrial Corporation Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.