AGI
AGI Greenpac share price & financials
- Price
- ₹731.15
- Market cap
- ₹4.9k Cr
- Sector
- Capital Goods
- Calls analysed
- 6
AGI Greenpac Q3 FY26
9M FY26 Revenue ₹1,923 cr (+5% YoY); 9M FY26 EBITDA ₹484 cr (−3% YoY); 9M FY26 PAT ₹236 cr (+4% YoY). 9M FY26 Revenue from operations stood at ₹1,923 crore, up 5.4% YoY from ₹1,824 crore in 9M FY25.
Read the full call →What AGI Greenpac Limited does
AGI Greenpac is an Indian B2B packaging manufacturer organised around three operating businesses: AGI Glaspac (container and specialty glass bottles and jars), AGI CloZures (counterfeit-resistant security caps and closures) and AGI Plastek (PET, HDPE and PP bottles and products). It earns revenue by manufacturing and supplying these packaging products to institutional customers in alcoholic beverages, pharmaceuticals, food & beverage, cosmetics/perfumery and FMCG, and has also entered the B2C glass segment with its own Sand Dunes and GreenDrop brands. The company is building a new greenfield glass plant in Madhya Pradesh to extend its reach into northern and central India, and is separately entering the aluminium beverage-can market.
Segments
- AGI Glaspac
- AGI CloZures
- AGI Plastek
- Manufacturing plants
- 7, across Telangana, Karnataka and Uttarakhand
- Glass container + specialty glass capacity
- ~2,100 tonnes/day across 3 plants (Sanathnagar, Bhongir container, Bhongir specialty)
- Security caps & closures capacity
- 1,154 million pieces per annum (Sangareddy, Telangana)
- PET/plastic packaging capacity
- 11,892 tonnes per annum across 3 plants (Dharwad, Sangareddy, Selaqui)
- Institutional clients
- 500+ diversified institutional clients across industries
- Glass container size range
- 2.5 ml to 5-litre bottles/jars
Guidance record · Q3 FY26
what the last two calls moved 12 tracked 1 delivered 4 missed 7 open- Old Debt Repayment delivered said Q1 FY26 Promised: Pay off INR 200 crores in next 12 to 18 months Q3 FY26: Completed the prepayment of remaining ECB loan in December 2025, resulting in nil ECB borrowings.
- YoY Revenue Growth (FY26) missed said Q1 FY26 Promised: 8% to 10% for FY26 Q3 FY26: 9M FY26 revenue growth was 5.4%, below the target range. Management noted 'there may be a little bit correction here and there' for the full year.
- Sustained YoY Revenue Growth revised down said Q1 FY26 Promised: 15% to 20% from FY '27 onwards Q3 FY26: Guidance significantly lowered: 'Overall, for FY27, we expect to maintain a growth of around 8% to 9%. And this is purely on volume-based right now.'
All 12 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 14.1%, net profit up 11.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 599 | 658 | 705 | 688 | 602 +1% | 634 −4% | 742 +5% | 785 +14% |
| EBITDA | 154 | 169 | 154 | 142 | 150 −3% | 150 −11% | 153 −1% | 175 +23% |
| Net profit | 72 | 91 | 97 | 89 | 76 +6% | 71 −22% | 115 +19% | 99 +11% |
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 −11.6% 1Y
1Y: ₹862.65 on 10 Sept 2025 → ₹762.65. High ₹908.1 (24 Sept 2025), low ₹468.55 (30 Mar 2026).
How the price took the results
close before → close after
- Q3 FY26
- −4.6%
- 29 Jan
- Q2 FY26
- −2.5%
- 23 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 5.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to 22.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2.4k Cr | ₹2.5k Cr | ₹2.7k Cr |
| Operating profit | ₹563 Cr | ₹613 Cr | ₹595 Cr |
| Operating margin | 23.3% | 24.2% | 22.3% |
| Interest | ₹87 Cr | ₹84 Cr | ₹48 Cr |
| Depreciation | ₹162 Cr | ₹177 Cr | ₹172 Cr |
| Net profit | ₹251 Cr | ₹323 Cr | ₹351 Cr |
| Net margin | 10.4% | 12.8% | 13.2% |
| Cash from operations | ₹588 Cr | ₹429 Cr | ₹571 Cr |
| Free cash flow | ₹320 Cr | ₹181 Cr | ₹182 Cr |
| ROCE | — | — | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹1.2k Cr | ₹1.4k Cr | ₹1.6k Cr | ₹1.8k Cr | ₹2.2k Cr | ₹2.4k Cr |
| Borrowings | ₹898 Cr | ₹1.2k Cr | ₹732 Cr | ₹616 Cr | ₹460 Cr | ₹241 Cr |
| Other liabilities | ₹725 Cr | ₹724 Cr | ₹781 Cr | ₹926 Cr | ₹687 Cr | ₹904 Cr |
| Total liabilities | ₹2.9k Cr | ₹3.3k Cr | ₹3.1k Cr | ₹3.4k Cr | ₹3.4k Cr | ₹3.6k Cr |
| Fixed assets | ₹1.8k Cr | ₹1.5k Cr | ₹1.9k Cr | ₹2.0k Cr | ₹2.0k Cr | ₹2.0k Cr |
| Capital work in progress | ₹31 Cr | ₹304 Cr | ₹142 Cr | ₹52 Cr | ₹101 Cr | ₹195 Cr |
| Investments | ₹11 Cr | ₹21 Cr | ₹11 Cr | ₹29 Cr | ₹10 Cr | ₹98 Cr |
| Other assets | ₹983 Cr | ₹1.4k Cr | ₹1.1k Cr | ₹1.3k Cr | ₹1.2k Cr | ₹1.2k Cr |
| Total assets | ₹2.9k Cr | ₹3.3k Cr | ₹3.1k Cr | ₹3.4k Cr | ₹3.4k Cr | ₹3.6k 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 Jun 2026
Since Jun 2025, the public added +1.64 pp while FIIs trimmed −1.35 pp. The shareholder count grew 10% to 58,757.
- Promoters
- 60.4%
- FIIs
- 6.3%
- DIIs
- 1.1%
- Government
- 0.0%
- Public
- 32.3%
Since Jun 2025
- Public +1.64 pp
- FIIs −1.35 pp
- DIIs −0.45 pp
How it drifted, 12 quarters
Over this window the public went from 30.4% to 32.3% — +1.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 60.2%, FIIs 6.7%, DIIs 2.7%, Public 30.4%.Dec '23: Promoters 60.2%, FIIs 7.6%, DIIs 1.3%, Public 30.8%.Mar '24: Promoters 60.2%, FIIs 7.4%, DIIs 1.2%, Public 31.2%.Jun '24: Promoters 60.2%, FIIs 7.1%, DIIs 1.2%, Public 31.4%.Sep '24: Promoters 60.2%, FIIs 7.2%, DIIs 1.3%, Government 0.0%, Public 31.2%.Dec '24: Promoters 60.2%, FIIs 8.3%, DIIs 0.9%, Government 0.0%, Public 30.6%.Mar '25: Promoters 60.2%, FIIs 7.5%, DIIs 1.1%, Government 0.0%, Public 31.1%.Jun '25: Promoters 60.2%, FIIs 7.6%, DIIs 1.5%, Government 0.0%, Public 30.6%.Sep '25: Promoters 60.2%, FIIs 7.5%, DIIs 2.2%, Government 0.0%, Public 30.0%.Dec '25: Promoters 60.2%, FIIs 7.2%, DIIs 2.2%, Government 0.0%, Public 30.2%.Mar '26: Promoters 60.4%, FIIs 6.8%, DIIs 2.0%, Government 0.0%, Public 30.8%.Jun '26: Promoters 60.4%, FIIs 6.3%, DIIs 1.1%, Government 0.0%, Public 32.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of AGI Greenpac Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Somany Impresa Limited | 50.84% | unchanged |
| Sandip Somany | 8.73% | unchanged |
| Ashish Dhawan | 4.79% | unchanged |
| Ellipsis Partners Llc FPI fund | 3.49% | unchanged |
| Sanjeev Vinodchandra Parekh | 1.51% | unchanged |
| Sumita Somany | 0.33% | unchanged |
| Divya Somany | 0.23% | unchanged |
| Sandip Somany HUF | 0.15% | unchanged |
| Shashvat Somany | 0.12% | unchanged |
| EBRO Trading Private Limited | 0.00% | unchanged |
| Sandhya Agarwal | 0.00% | unchanged |
| AGI Retail Private Limited | 0.00% | unchanged |
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.
What the price assumes
- Growth the price implies
- 7.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
All earnings calls (5)
Read the Q3 FY26 call →Learn to analyse AGI Greenpac Limited
Guides on how to read this kind of business and the numbers that matter.