Synopsis:
Agarwal Industrial Company Ltd is in focus after receiving a young from Indian Oil Company Restricted price Rs. 330.05 crore.
A small-cap firm engaged within the enterprise actions of producing and buying and selling of Petrochemicals, logistics of bitumen and liquefied Petroleum Gasoline and power technology via Wind Mills, is within the highlight after receiving a young from Indian Oil Company Restricted.
With the market capitalization of Rs. 1,378.51 crore, the shares of Agarwal Industrial Company Ltd is buying and selling at Rs. 921.60, up by 1.79 p.c from its earlier day’s shut value of Rs. 907.35 per fairness share
Work Order
Agarwal Industrial Company Restricted has efficiently secured a major tender from Indian Oil Company Restricted (IOCL) for the availability of Bulk Bitumen (VG-30 & VG-40 Grades) to Kakinada areas. The contract features a agency amount of roughly 60,500 MT throughout 11 parcels and an optionally available amount of round 33,000 MT throughout 6 parcels, totaling 93,500 MT.
The estimated worth of the tender stands at Rs. 330.05 crore, comprising Rs. 213.56 crore for agency orders and Rs. 116.50 crore for optionally available orders, primarily based on present market costs. This award marks a notable enterprise achievement for the corporate, strengthening its presence within the bitumen provide section.
Concerning the Firm & Others
Agarwal Industrial Company Restricted, included in 1995 and headquartered in Mumbai, is engaged in manufacturing and buying and selling petrochemicals in India and overseas. It operates via 5 segments: Bitumen and Allied Merchandise, Petroleum Vessels, Petroleum Merchandise, Logistics and Windmill.
The corporate presents a variety of bituminous merchandise together with viscosity and industrial grades, paving and modified variants in addition to waterproofing and insulation supplies. It is usually concerned in bulk transportation of bitumen and LPG, rubber processing oil and energy technology via windmills. Previously generally known as Bombay Baroda Roadways (India) Restricted, it modified its identify to Agarwal Industrial Company Restricted in 2008.
A return on fairness (ROE) of about 20.3 p.c, a return on capital employed (ROCE) of about 17 p.c and debt to fairness ratio at 0.69 show the corporate’s monetary place. For the time being, the corporate’s P/E ratio is 15.4x decrease as in comparison with its business P/E 19.4x.
In Q1FY26, the corporate posted income of Rs. 594 cr, down 16.1 p.c YoY from Rs. 708 cr in Q1FY25 and 27.8 p.c QoQ from Rs. 823 cr in Q4FY25. Revenue stood at Rs. 13 cr, falling 66.7 p.c YoY from Rs. 39 cr and 58.1 p.c QoQ from Rs. 31 cr, reflecting sharp strain on each gross sales and margins.
Written by Akshay Sanghavi
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