Agarwal Industrial Corporation Limited · NSE:AGARIND
Agarwal Industrial — Q1 FY26 Earnings Presentation
19 slides from Agarwal Industrial's earnings presentation, Aug 19, 2025
Slide 1: Agarwal Industrial Corporation Ltd. – Investor Presentation Filing Letter
AGARWAL INDUSTRIAL CORPORATION LTD. Petrochemicals ( Manufactures & Traders of Bitumen & Bituminous Products) | Logistics for Bitumen ¢ LPG | Wind Milis. (Sl L99999MH1995PLC084618 AGARWAL GROUP August 19, 2025 To, To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Depart
Slide 2: Q1 FY26 Earnings Presentation
Agarwal Industrial Corporation Limited (BSE: 531921 | NSE: AGARIND) Q1 FY26 Earnings Presentation August 2025
Slide 3: Agarwal Industrial Corporation Limited (AICL) Business Overview
Agarwal Industrial Corporation Limited (AICL) Business Overview Vessels and Chartering Bulk Bitumen and Allied Products Logistics Ports and Manufacturing Industrial and LPG from 3rd Party Oil Refineries / Allied Bitumen Facilities and Construction Refineries in Customers Intermediaries Storage Produ
Slide 4: Agarwal Industrial Corporation Limited (AICL) Investment Case
Agarwal Industrial Corporation Limited (AICL) Investment Case • Largest private-sector bitumen trading and product manufacturing company in India, with integrated shipping vessels and fleet logistics • Imported 486,546 MT of bitumen from Middle Eastern refineries and intermediaries during FY2025, re
Slide 5: Q1 FY26 Key Financial Performance
Q1 FY26 Key Financial Performance Revenue Volumes EBITDA PAT Q1 FY26 Q1 FY26 Q1 FY26 Q1 FY26 Rs. 594 Cr 124,614 MT Rs. 38 Cr Rs. 13 Cr (16.1)% YoY (26.9)% YoY (38.7)% YoY (66.6)% YoY 4
Slide 6: Management Commentary
Management Commentary “AICL reported Revenues from Operations of ₹594 Cr during Q1 FY26, EBITDA was ₹38 Cr, translating into a margin of 6.4%, while Profit After Tax was ₹13 Cr, margin of 2.2%. This performance reflects steady operations across business segments but in a quarter heavily influenced b
Slide 7: Q1 FY26 Financial Highlights
Q1 FY26 Financial Highlights Revenues from Operations Rs. Cr EBITDA* PAT (16.1)% (38.7)% (66.6)% 823 62 39 708 58 31 594 38 13 Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 EBITDA Margins PAT Margins 8.7% 7.0% 6.4% 5.5% 3.7% 2.2% Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 6 * EBITDA
Slide 8: Q1 FY26 Bitumen and Allied Products
Q1 FY26 Bitumen and Allied Products Rs. Cr Revenues from Operations EBITDA EBITDA Margin (14.2)% (14.6)% (2) bps 723 28 579 21 496 18 3.8% 3.7% 3.7% Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 Volume of Bitumen (MT Tons) EBITDA / Ton (26.9)% 16.8% 1,85,344 1,488 1,466 1,70,478 1,2
Slide 9: Q1 FY26 Other Business Revenues
Q1 FY26 Other Business Revenues Rs. Cr Shipping Vessels Logistics 20 96 18 73 72 16 Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 Petroleum Windmill and Other 18 3 3 3 14 13 Q1FY25 Q4FY25 Q1FY26 Q1FY25 Q4FY25 Q1FY26 8
Slide 10: Q1 FY26 Contribution Analysis
Q1 FY26 Contribution Analysis Revenue from Operations EBITDA Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 18% 16% 35% 52% 48% 82% 65% 84% 9 Bitumen and Allied Products Other Businesses
Slide 11: Bitumen Overview
Bitumen Overview General Uses of Bitumen Overview: Bitumen is a semi-solid, oil-based hydrocarbon widely used as a binder in • Constructions of roads, runways & platforms road construction. It is typically black or dark brown with adhesive properties • Water proofing to prevent water seepage • Masti
Slide 12: Bitumen Product Range (1/2)
Bitumen Product Range (1/2) Paving Grade Bitumen Industrial Grade Bitumen Crumb Rubber Modified Bitumen Product Overview: VG 30/40 bitumen is a Product Overview: Industrial Grade Bitumen is Product Overview: CRMB is a blend of selected straight-grade binder used in road, airfield, and processed long
Slide 13: Bitumen Product Range (2/2)
Bitumen Product Range (2/2) Polymer Modified Bitumen Bitumen Emulsion Byproducts / Waterproofing Materials Engineered to protect against water ingress, Product Overview: Polymer Modified Bitumen Product Overview: Bitumen emulsions are corrosion, and structural stress, these products (PMB) is bitumen
Slide 14: Shipping Vessels Bitumen Supply and Chartering
Shipping Vessels Bitumen Supply and Chartering AICL owns 11 large marine vessels with a total capacity of 113,549 MT, ranging from 3,100 MT to 47,999 MT A vessel was acquired in Q4 FY25 and became operation in April 2025 The vessel fleet is primarily used for importing bitumen from oil-producing cou
Slide 15: Manufacturing Network Strategically Located
Manufacturing Network Strategically Located 11 Bitumen Vessels Seven bulk storage terminals located at ports with a total capacity of 30,500 MT. Direct access to shipping 7 Bulk Storage Terminals networks for efficient delivery of bitumen: • Owned: Dighi, Mumbai and Vadodara • Leased: Haldia, Hazira
Slide 16: Bitumen Industry Dynamics
Bitumen Industry Dynamics Demand Drivers Bitumen Consumption in India (MMTPA) • Road construction remains strong, with 12,349 km of highways built in FY24, supporting bitumen demand • Government initiatives like NHDP, Bharatmala and PM 2.89 3.52 Gati Shakti will support long-term consumption 1.14 2.
Slide 17: Leadership Team
Leadership Team Jaiprakash Agarwal Ramchandra Agarwal Mahendra Agarwal Vipin Agarwal Executive – Non Non-Executive - Non Executive Director Chief Financial Officer Independent Director Independent Director Over 45 years of 30+yrs of expertise in the Experienced in managing experience in logistics, a
Slide 18: Income Statement
Income Statement (Rs. Cr) Q1 FY26 Q1 FY25 Y-o-Y (%) Q4 FY25 Q-o-Q (%) Revenue from Operations 594 708 (16.1)% 823 (27.9)% Other Income 2 2 10.8% 5 (63.8)% Total Revenue 595 709 (16.1)% 828 (28.1)% Cost of Material Consumed 130 105 23.2% 162 (19.7)% Purchases Stock-in-Trade 286 433 (33.9)% 563 (49.2)
Slide 19: Disclaimer
Disclaimer This presentation contains “forward looking statements” including, Vipin Agarwal, CFO but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating Agarwal vipin@aicltd.in Industrial Corporation Ltd. future business developments