Agarwal Industrial Corporation Share Price Surges After ₹330 Crore IOCL Tender Win

Market Performance Today

Agarwal Industrial Corporation witnessed notable activity in Monday’s trading session. The share price climbed up to ₹949.95, marking a 5% intraday gain following the announcement of a significant order win.

Over the recent past, the stock has shown mixed trends:

• 1-month returns: +11%
• Past six days: -6%
• Last 1-year performance: -21%
• 5-year cumulative return: +830%, highlighting its multibagger potential

The movement reflects both short-term volatility and long-term value growth, as investors track the company's expanding business footprint.

Major Order Win Details

Agarwal Industrial Corporation has officially confirmed a tender award from Indian Oil Corporation (IOCL). The deal focuses on supplying Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.

Key highlights of the order include:

• Confirmed supply: 60,500 MT across 11 parcels
• Optional supply: 33,000 MT across 6 parcels
• Total potential volume: 93,500 MT
• Order value: ₹213.56 crore (confirmed)
• Optional portion value: ₹116.50 crore
• Combined estimated value: ₹330.05 crore

This tender reinforces Agarwal Industrial Corporation’s position as a reliable supplier in the bitumen sector and strengthens its longstanding partnership with IOCL.

Company Overview

Agarwal Industrial Corporation primarily operates in:

• Bitumen production and supply
• Transportation of liquefied petroleum gas (LPG) and bituminous materials
• Ship operations and chartering (via its UAE-based subsidiary)

The company’s business model emphasizes logistics efficiency and product quality, which has helped secure large-scale contracts and maintain steady industry presence.

Recent Financial Snapshot (Q1 FY26)

Agarwal Industrial Corporation reported its Q1 FY26 results with notable movements:

• Revenue: ₹593.61 crore, down 16.12% from Q1 FY25
• Consolidated Net Profit: ₹13.03 crore, a decline of 66.59% year-on-year

The financial results highlight the impact of market conditions on short-term earnings, even as long-term growth opportunities remain significant due to strategic orders like the IOCL tender.

Summary

Agarwal Industrial Corporation’s recent ₹330 crore tender win has brought the stock back into focus. While recent price movements show short-term fluctuations, the company’s long-term performance and strong industry partnerships underscore its potential in the bitumen and LPG sectors.

With a multibagger track record of 830% over five years, the stock remains one to watch for market enthusiasts following Agarwal Industrial Corporation share price updates.