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Agarwal Fortune India Ltd.

Agarwal Fortune India Ltd.

AGARWAL.BO
Agarwal Fortune India Ltd.IN flagBombay Stock Exchange
19.00
INR
- -
- -
65.27MMarket Cap
Agarwal Fortune India Ltd.
AGARWAL.BO
(Bombay Stock Exchange)

Recent

price

19.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.48
0.37
0.3
0.21
0.45
0.15
0.09
0.05
0.01
- -
- -
- -
14.26
21.38
12.93
- -
16.38
Revenue per Share
-1.17
-0.26
-0.29
-0.2
-0.65
-0.28
-0.44
-2.81
2.38
-1.05
-0.5
-0.93
0.18
0.28
0.57
- -
0.18
Basic EPS, GAAP
0.03
-0.03
-0.34
-0.54
-0.49
0.35
-0.49
-0.32
0.09
-0.9
-0.62
-1.27
-0.41
-0.36
-0.68
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
5.57
5.47
5.12
4.97
4.15
3.88
3.5
0.7
3.08
2.03
1.52
0.61
0.79
1.03
1.61
- -
10.01
Book Value per Share
5.81
5.63
5.28
5.14
4.4
4.12
3.75
0.95
3.33
2.28
1.77
0.87
1.04
1.34
1.93
- -
2.1
Tangible Book Value per Share
4
4
4
4
4
4
3
3
3
3
3
3
3
3
3
- -
3
Basic Weighted Avg Shares
2
1
1
1
2
1
- -
- -
- -
- -
- -
- -
49
74
44
56
56
Sales/Revenue/Turnover
-243.88
-72.61
-99.98
-105.73
-171.54
-191.51
-429.41
-901.16
-7,368.57
- -
- -
- -
-3.41
-0.74
5.34
4.28
4.28
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-4
-1
-1
-1
-2
-1
-2
-10
8
-4
-2
-3
1
1
2
1
1
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
0.83
- -
- -
- -
29.14
- -
- -
- -
- -
Effective Tax Rate (%)
-243.23
-70.31
-96.86
-96.83
-143.99
-185.48
-488.05
-5,205.77
23,514.29
- -
- -
- -
1.27
1.32
4.41
1.11
1.11
Profit Margin (%)
9
7
7
6
1
3
2
3
-7
-11
-4
3
3
4
-6
-3
-3
Working Capital
26
26
26
26
26
26
26
26
- -
- -
- -
- -
- -
- -
- -
3
3
LT Debt
20
20
19
18
15
14
13
3
11
8
6
3
4
5
7
7
7
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
-10.61
- -
- -
- -
-28.53
-9.97
19.17
10.33
10.33
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
35.39
- -
- -
- -
21.98
23.52
27.25
6.82
6.82
Return on Capital (%)
-19.07
-4.78
-5.51
-4.02
-14.32
-6.93
-11.72
-133.63
126.19
-41.2
-28.41
-86.94
25.81
30.88
43.03
3.12
3.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
20
18
LT Borrowings
19
- -
3
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
75
64
64

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
26
15
15
Cash, Cash Equivalents & STI
- -
2
1
Accounts Receivable, Net
11
6
6
Inventories
6
7
7
Total Current Liabilities
4
20
18
Payables & Accruals
- -
- -
- -
ST Debt
- -
20
18
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.26%
9.88%
9.46%
Free Cash Flow
-132.76%
46.74%
121.59%
Net Income, GAAP
26.87%
10.39%
-68.05%
Sales/Revenue/Turnover
- -
- -
27.38%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
21
21
18
74
2025
11
5
4
23
44
2026
21
23
8
4
56

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.03
0.03
- -
0.28
2025
0.07
0.1
0.11
0.28
0.57
2026
0.09
0.03
0.02
0.04
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Agarwal Fortune India Limited operates primarily in the manufacturing and trading of float and toughened glass products, including glass sheets and laminated glass under its registered brand, Agarwal. The company also provides technical consultancy and advisory services related to industrial glasses and other categories. Its product portfolio covers various types of glasses and mirrors catering to diverse industrial and commercial needs. Established in 1993 and headquartered in Jaipur, India, the company has a significant presence across India with an emphasis on export and import business, mergers and acquisitions, joint venture agreements, and e-commerce activities. In recent years, Agarwal Fortune India Limited has undergone substantial strategic shifts, including a name change from Devki Leasing Finance Limited to its current identity in September 2022, reflecting a broader business focus beyond financial services to include manufacturing and trading in glass products as well as consultancy services. The company has focused on expanding its pan-India manufacturing and distribution network to better meet market demand and improve operational efficiencies. Recent financial reports show fluctuating sales and net profits, with notable increases in quarterly net profits and sales year-over-year in 2025, indicative of ongoing business stabilization and growth efforts. Key recent developments include the company's acquisition strategy and entry into new business lines aimed at driving business expansion and diversification. Agarwal Fortune India Limited continues to emphasize strengthening its leadership in the glass manufacturing industry while exploring allied business opportunities through mergers, acquisitions, and joint ventures. This strategic realignment positions the company to capitalize on emerging markets and technological advancements in glass manufacturing and related services, supporting its goal to become a leading brand in India’s industrial glass sector. The company maintains its headquarters in Jaipur, India, with operations focused on the Indian market and international exports. This comprehensive approach highlights Agarwal Fortune India Limited's transformation from a primarily financial services background to a diversified industrial enterprise specializing in glass manufacturing, trading, and technical consultancy, supported by strategic partnerships and business expansions to sustain long-term growth.