Results - Announcements
Agarwal Industrial Corporation Ltd share price declined by 4.16% to Rs 422.3 after the company's net profit surged by 50.14% to Rs 15.54 crore, while revenue from operations plunged by 28.79% to Rs 308.58 crore in Q2FY27 over Q2FY26.
The market capitalization of Petrochemicals industry group stocks on BSE stood at Rs 38301.94 crore, rising 9.70%. It has softened by 1.36% over last one week and dropped by 10.82% in last one month while the market capitalization of Agarwal Industrial Corporation Ltd has marginally improved by 7.54% and 12.63% in the same period respectively.
Profit before tax (PBT) of Agarwal Industrial Corporation Ltd stood at Rs 19.38 crore in Q2 FY27, expanding by 42.71% year-on-year, and surging by 42.60% quarter-on-quarter. EBITDA came in at Rs 29 crore, jumping 25.29% YoY and easing 6.42% sequentially.
Total expenses tumbled by 31.09% to Rs 287.53 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 42.22 crore, plunging by 63.38% YoY, while employee benefits expense was at Rs 3.37 crore, rising by 9.42% YoY.
For FY26, revenue from operations sank 31.13% to Rs 1652.23 crore, while net profit witnessed a sharp fall of 62.34% to Rs 43.57 crore, compared to previous FY. EBITDA jumped by 19476% to Rs 99.66 crore, and PBT collapsed by 59% to Rs 55.25 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 234.91 crore in FY26, as against Rs 99.84 crore in FY25.
Agarwal Industrial Corporation Ltd nosedived by 49.44% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.42% during the same period.