AGARWALFT
Agarwal Float Glass India financials
- Market cap
- ₹19 Cr
- Sector
- Capital Goods
What Agarwal Float Glass India Limited does
Agarwal Float Glass India Limited's annual report states the company is mainly engaged in the trading of glasses and other allied activities, not in-house manufacturing. It procures raw and processed glass — including laminated, safety, toughened and fibre glass, and glass door fittings — from related-party manufacturing and wholesale entities (Agarwal Toughened Glass India Limited, Agarwal Fortune India Limited, and Hardik Glasses) for resale. The company is headquartered in Jaipur, Rajasthan.
Segments
- Glass trading
- Related-party glass sourcing network
- 3 group entities (Agarwal Toughened Glass India Ltd – manufacturer; Agarwal Fortune India Ltd – wholesaler; Hardik Glasses – wholesaler/dealer)
- Glass categories traded
- Float, laminated, safety, toughened and fibre glass, plus glass door fittings
Quarterly results
Q4 FY26: revenue down 26.9%, net profit up 102.9% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 25 | 42 | 37 | 32 +38% | 40 +61% | 38 −9% | 27 −27% |
| EBITDA | 4 | 1 | 2 | -1 | 3 −15% | 2 +269% | 3 +74% | 1 +235% |
| Net profit | 2 | 0 | 1 | -1 | 2 −17% | 1 +1980% | 1 +65% | 0 +103% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −60.1% 1Y
1Y: ₹67 on 10 Sept 2025 → ₹26.7. High ₹68.15 (11 Sept 2025), low ₹23 (27 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr |
| Reserves | ₹0 Cr | ₹2 Cr | ₹8 Cr | ₹8 Cr | ₹13 Cr | ₹13 Cr |
| Borrowings | ₹12 Cr | ₹12 Cr | ₹9 Cr | ₹13 Cr | ₹17 Cr | ₹16 Cr |
| Other liabilities | ₹4 Cr | ₹2 Cr | ₹3 Cr | ₹2 Cr | ₹1 Cr | ₹6 Cr |
| Total liabilities | ₹18 Cr | ₹18 Cr | ₹27 Cr | ₹30 Cr | ₹38 Cr | ₹42 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹4 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹18 Cr | ₹17 Cr | ₹27 Cr | ₹30 Cr | ₹34 Cr | ₹38 Cr |
| Total assets | ₹18 Cr | ₹18 Cr | ₹27 Cr | ₹30 Cr | ₹38 Cr | ₹42 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 4% to 453.
- Promoters
- 57.5%
- Public
- 42.5%
Since Mar 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 9 quarters
Over this window promoters fell from 69.8% to 57.5% — −12.2 pp.
Ownership split by quarter, oldest first. Mar '23: Promoters 69.8%, Public 30.2%.Sep '23: Promoters 69.8%, Public 30.2%.Mar '24: Promoters 69.8%, Public 30.2%.Sep '24: Promoters 59.0%, Public 41.0%.Dec '24: Promoters 57.5%, Public 42.5%.Mar '25: Promoters 57.5%, Public 42.5%.Sep '25: Promoters 57.5%, Public 42.5%.Dec '25: Promoters 57.5%, Public 42.5%.Mar '26: Promoters 57.5%, Public 42.5%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Agarwal Float Glass India Limited above SEBI's 1% disclosure line, and what changed since Dec 2025.
| Holder | Stake | Change |
|---|---|---|
| Uma Shankar Agarwal | 55.82% | unchanged |
| Mona Keyur Sarvaiya | 1.82% | unchanged |
| Mahesh Kumar Agarwal | 1.73% | unchanged |
| Pooja Nikulbhai Gandhi | 1.24% | unchanged |
| Manav Keyurbhai Sarvaiya | 1.16% | unchanged |
| Mayur Agarwal | 0.00% | unchanged |
| Anita Agarwal | 0.00% | unchanged |
| Sangeeta Agarwal | 0.00% | unchanged |
| Sharda Agarwal | 0.00% | unchanged |
| Smc Global Securities Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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