Agarwal Fortune India (BSE: AGARWAL) had a P/E of 111.1× on 4 Nov 2026, above the industry P/E of 27.3×, and the shares are 17% below their 52-week high. Sales grew 4.5% a year over 3 years while net profit fell 0.2%; its ROCE of 25% is the highest among the 7 largest Building Materials peers. Debt is 2.82× equity. It is a small-cap company with a market cap of ₹6.87 Cr, ranked 58th of 58 Building Materials companies by market cap; the shares fell 14% over the past year.
- ₹20.00
- ₹20.00
- ₹20.00
- ₹20.00
- 149
Health check
- ReturnsIn line
−14.3% over a year, better than 3 of 7 peers.
- Price tagPricier
P/E 111.1 vs industry 27.3.
- GrowthSlow
Sales +4.5%, profit −0.2% a year over 3 years.
- ProfitabilityStrong
ROCE 25.4% vs peer median 10.2%.
- Balance sheetStretched
Debt 2.82× equity, interest covered 1.3×, Piotroski 4 of 9.
- Red flags4 to check
Debt is 2.82× equity.
Small cap
Defensive
Key metrics
- Market cap
- ₹6.87 Cr
- Small cap
- P/E
- 111.1
- Industry 27.3
- Price to book
- 9.53
- Peers 2.12
- Dividend yield
- 0.00%
- ROE
- 9.0%
- Peers 4.9%
- ROCE
- 25.4%
- Peers 10.2%
- Debt to equity
- 2.82
- Debt ₹2.03 Cr
- EPS (TTM)
- ₹0.18
- OPM (TTM)
- 6.9%
- Net margin 1.6%
- Sales growth
- −81.8%
- Latest quarter vs a year ago
- Profit growth
- −5.9%
- Latest quarter vs a year ago
- Price to sales
- 1.77
- EV/EBITDA 31.6
Strengths and risks
Strengths
- Return on capital employed of 25.4%.
Risks to check
- Debt is 2.82× equity.
- Quarterly sales down 81.8% on a year ago.
- P/E of 111.1 against an industry P/E of 27.3.
- Interest coverage of only 1.4×.
About Agarwal Fortune India
Agarwal Fortune India Limited trades glasses and mirrors, and other allied activities in India. It offers export and import business; mergers and acquisitions; joint venture agreements; e-commerce; toughened glass, laminated glass, float glass, and safety glass; and technical consultancy services and advisory services relating to industrial glasses and other categories. The company was formerly known as Devki Leasing and Finance Limited and changed its…
- Headquarters
- Jaipur
- Employees
- 2
- Sector
- Basic Materials
- ISIN
- INE510B01018
- Website
- agarwalfortune.com
Price range
- Avg volume (3M)
- 116
- 1-year return
- minus 14.3%
- From 52-week high
- minus 17.1%
Peers · Building Materials
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCOUltraTech Cement | 12,450.00 | plus 1.63% | 3,66,110 | 41.6 | 22.8 | 11.8% | 19.1% | 0.38 | 11.9% | plus 3.6% |
| GRASIMGrasim Industries | 3,227.00 | minus 0.02% | 2,18,884 | 38.5 | 16.8 | 4.0% | 15.0% | 1.35 | 14.3% | plus 12.0% |
| AMBUJACEMAmbuja Cements | 390.60 | plus 0.67% | 97,057 | 34.7 | 14.6 | 4.6% | 14.3% | 0.01 | – | minus 31.6% |
| SHREECEMShree Cement | 25,100.00 | plus 0.82% | 90,563 | 57.2 | 18.0 | 10.2% | 20.1% | 0.09 | 5.7% | minus 9.8% |
| JKCEMENTJ.K. Cement | 5,239.80 | minus 0.20% | 40,487 | 42.3 | 19.2 | 13.3% | 15.8% | 1.01 | 12.1% | minus 9.1% |
| DALBHARATDalmia Bharat | 1,470.30 | plus 0.27% | 27,602 | 56.3 | 9.6 | 7.0% | 16.5% | 0.57 | 3.0% | minus 28.5% |
| ACCACC | 1,236.20 | plus 0.77% | 23,214 | 26.4 | 7.9 | 10.4% | 8.7% | 0.02 | – | minus 33.1% |
| AGARWALAgarwal Fortune India | 20.00 | 0.00% | 7 | 111.1 | 33.3 | 25.4% | 6.9% | 2.82 | 4.5% | minus 14.3% |
| Median of 7 peers | – | 0.67% | 90,563 | 41.6 | 16.8 | 10.2% | 15.8% | 0.38 | 11.9% | −9.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 2.1 | 2.3 | 0.8 | 0.4 | 0.4 | |
| 2.1 | 2.2 | 0.7 | 0.4 | 0.3 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 3.7% | 3.2% | 7.3% | 13.5% | 20.8% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0.1 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.09 | 0.03 | 0.02 | 0.04 | 0.09 |
Profit & loss
- Sales CAGR 3Y
- +4.5%
- Profit CAGR 3Y
- −0.2%
- EPS CAGR 3Y
- 0.0%
- ROE
- 9.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.9 | 7.4 | 4.4 | 5.6 | |
| – | +49.9% | minus 40.2% | +27.4% | |
| 5.1 | 7.4 | 4.2 | 5.4 | |
| −0.2 | −0.1 | 0.3 | 0.3 | |
| −3.4% | −0.7% | 5.9% | 4.7% | |
| 0.3 | 0.2 | 0.1 | 0 | |
| 0 | 0 | 0.1 | 0.2 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | 0.1 | 0.2 | 0.1 | |
| 29.1% | – | – | – | |
| 0.1 | 0.1 | 0.2 | 0.1 | |
| – | +55.5% | +100.3% | minus 68.1% | |
| 0.18 | 0.28 | 0.57 | 0.18 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | 3.4 | 3.4 | 3.4 | |
| −3.1 | −3 | −2.8 | −2.7 | |
| 0.1 | 0.1 | 1.2 | 2 | |
| 0 | 0.5 | 0.3 | 0 | |
| 0.5 | 1 | 2.2 | 2.8 | |
| 0 | 0 | 0.4 | 0.5 | |
| 0.3 | 0.1 | 0 | 0.1 | |
| 0.2 | 0.9 | 1.8 | 2.2 | |
| 0.5 | 1 | 2.2 | 2.8 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.1 | −0.1 | 0.1 | −0.4 | |
| −0 | – | −1.2 | −0.1 | |
| 0.1 | −0.1 | 1 | 0.6 | |
| −0 | −0.2 | −0 | 0.1 | |
| −0 | – | −0.4 | −0.1 | |
| −0.1 | −0.1 | −0.2 | −0.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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