Agarwal Float Glass FY26 net profit falls 29.4% to ₹103.92 lakh

2 min read     Updated on 28 May 2026, 12:55 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Agarwal Float Glass India Limited reported a 29.4% decline in net profit to ₹103.92 lakh for FY26, with revenue falling 39.2% to ₹3,958.01 lakh. The board approved the audited results, which received an unmodified opinion from statutory auditors.

powered bylight_fuzz_icon
41498690

*this image is generated using AI for illustrative purposes only.

Agarwal Float Glass India Limited reported a 29.4% decline in net profit to ₹103.92 lakh for the financial year ended March 31, 2026, compared to ₹147.12 lakh in the previous year. Revenue from operations fell 39.2% to ₹3,958.01 lakh from ₹6,505.66 lakh in FY25, driven by a significant reduction in trading activities. The company’s total expenses for the year stood at ₹3,807.06 lakh, lower than ₹6,290.52 lakh in the prior year.

The board of directors approved the audited standalone financial results for the half-year and full year ended March 31, 2026, during a meeting held on May 27, 2026. M/s Jethani & Associates, Chartered Accountants, the statutory auditor, issued an unmodified opinion on the financial results. The report confirms compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s profit before tax for FY26 decreased to ₹155.04 lakh from ₹216.60 lakh in the previous year. Finance costs for the year were ₹77.84 lakh, down from ₹146.89 lakh in FY25. Earnings per share (EPS) on a basic and diluted basis stood at ₹1.43 for FY26, compared to ₹2.03 in the previous year.

For the half-year ended March 31, 2026, the company reported a net profit of ₹2.13 lakh, a sharp drop from ₹144.99 lakh in the half-year ended September 30, 2025. Revenue from operations for the half-year was ₹2,684.60 lakh, significantly lower than ₹3,821.06 lakh in the preceding half-year.

Balance Sheet and Cash Flows

The company’s total assets as of March 31, 2026, stood at ₹4,232.63 lakh, up from ₹3,893.47 lakh in the previous year. Shareholders' funds increased to ₹1,998.26 lakh, driven by a rise in reserves and surplus to ₹1,273.91 lakh. Inventories rose to ₹1,698.27 lakh from ₹1,395.59 lakh, while trade receivables increased to ₹767.41 lakh from ₹620.27 lakh.

Cash and cash equivalents as of March 31, 2026, were ₹14.34 lakh, a decrease from ₹62.78 lakh in the previous year. Net cash provided by operating activities for FY26 was ₹302.98 lakh, compared to ₹162.27 lakh in FY25. The company reported a net increase in cash and cash equivalents of ₹48.44 lakh during the year.

Key Financial Metrics for FY26

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 3,958.01 6,505.66
Total Expenses 3,807.06 6,290.52
Profit Before Tax 155.04 216.60
Net Profit 103.92 147.12
Earnings Per Share (Basic) 1.43 2.03

Historical Stock Returns for Agarwal Float Glass

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-10.26%-23.08%-23.91%-20.54%

What strategic initiatives will the company implement to reverse the 39.2% decline in revenue driven by reduced trading activities?

How does the company plan to manage the rising inventory levels and increasing trade receivables to improve cash flow?

Will the reduction in finance costs continue into the next fiscal year, or was it a one-time adjustment?

Agarwal Float Glass promoters confirm no share encumbrance in FY26

1 min read     Updated on 26 May 2026, 10:25 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Agarwal Float Glass India Limited filed its yearly disclosure under SEBI Regulation 31(4) for FY26, confirming that promoters and promoter group members did not encumber any shares. The declarations were submitted by six individuals, including Managing Director Uma Shankar Agarwal, and were communicated to the National Stock Exchange on April 4, 2026.

powered bylight_fuzz_icon
41316938

*this image is generated using AI for illustrative purposes only.

Agarwal Float Glass India Limited has submitted its yearly disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011 for the financial year ended March 31, 2026. The filing confirms that all promoters and promoter group members have not encumbered any shares held directly or indirectly during FY26. This compliance ensures transparency regarding the holding status of key stakeholders.

The disclosures were received from six individuals associated with the company. The promoter group members include Mayur Agarwal, Sangeeta Agarwal, Anita Agarwal, and Sharda Agarwal. The promoters listed are Uma Shankar Agarwal and Mahesh Kumar Agarwal. Each entity declared that they, along with any persons acting in concert, maintained their shareholdings without creating any encumbrances during the specified period.

Promoter and Promoter Group Disclosures

The following table details the individuals who submitted the compliance declarations:

Name Role Date of Declaration
Mayur Agarwal Promoter Group 02.04.2026
Sangeeta Agarwal Promoter Group 01.04.2026
Anita Agarwal Promoter Group 02.04.2026
Sharda Agarwal Promoter Group 02.04.2026
Uma Shankar Agarwal Promoter 01.04.2026
Mahesh Kumar Agarwal Promoter 02.04.2026

Uma Shankar Agarwal serves as the Managing Director, while Mahesh Kumar Agarwal is a Director. The company secretary, Priyanka Paresh Adnani, facilitated the submission of these disclosures to the National Stock Exchange of India Limited on April 4, 2026.

Historical Stock Returns for Agarwal Float Glass

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%-10.26%-23.08%-23.91%-20.54%

Will the unencumbered status of promoter shares encourage Agarwal Float Glass to raise capital through pledging in the future?

How might this clean holding structure impact the company's ability to secure debt financing for expansion?

Could the transparency in promoter holdings attract increased institutional investment during the next fiscal year?

1 Year Returns:-23.91%