Agarwal Industrial (BOM:531921) Days Payable: 45.60 (As of Mar. 2026) — 209% Above Median

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BOM:531921 Agarwal Industrial Corp Ltd BOM:531921
75 GF Score
Price ₹506.25
GF Value ₹676.46
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Agarwal Industrial Days Payable?

Agarwal Industrial BOM:531921 -2.12% 75 Days Payable is 45.60 as of Mar. 2026, which is 209% above its 10-year median of 14.75. GuruFocus rates BOM:531921 with a GF Score™ of 75/100 and a GF Value™ of ₹676.46 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,553 Chemicals companies, Agarwal Industrial ranks better than 53.32% on this metric.

Agarwal Industrial's average Accounts Payable for the three months ended in Mar. 2026 was ₹1,483 Mil. Agarwal Industrial's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,967 Mil. Hence, Agarwal Industrial's Days Payable for the three months ended in Mar. 2026 was 45.60.

The historical rank and industry rank for Agarwal Industrial's Days Payable or its related term are showing as below:

BOM:531921' s Days Payable Range Over the Past 10 Years
Min: 2.74   Med: 14.75   Max: 62.94
Current: 62.94

During the past 13 years, Agarwal Industrial's highest Days Payable was 62.94. The lowest was 2.74. And the median was 14.75.

BOM:531921's Days Payable is ranked better than
53.32% of 1553 companies
in the Chemicals industry
Industry Median: 59.54 vs BOM:531921: 62.94

Agarwal Industrial's Days Payable increased from Mar. 2025 (33.95) to Mar. 2026 (45.60). It may suggest that Agarwal Industrial delayed paying its suppliers.


Agarwal Industrial Days Payable Historical Data

* Premium members only.

The historical data trend for Agarwal Industrial's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Agarwal Industrial Days Payable Chart

Agarwal Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.10 21.56 36.34 46.23 60.77

Agarwal Industrial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.95 49.55 134.19 69.48 45.60

BOM:531921 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Agarwal Industrial's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agarwal Industrial Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Agarwal Industrial's Days Payable distribution charts can be found below:

* The bar in red indicates where Agarwal Industrial's Days Payable falls into.


BOM:531921
75GF Score
Agarwal Industrial Corp Ltd BOM:531921
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Agarwal Industrial Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Agarwal Industrial's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (2577.998 + 1482.686) / 2 ) / 12194.996*365
=2030.342 / 12194.996*365
=60.77

Agarwal Industrial's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1482.686) / 1 ) / 2967.104*365 / 4
=1482.686 / 2967.104*365 / 4
=45.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 45.60 mean?
Agarwal Industrial (BOM:531921) has a Days Payable of 45.60 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Agarwal Industrial and its competitors. This is 209% above median its historical median of 14.75. Over the past decade, Agarwal Industrial's Days Payable has ranged from 2.74 to 62.94. According to the industry distribution chart, Agarwal Industrial ranks #725 out of 1553 companies in the Chemicals industry, placing it in the top 46.7%.
Is Agarwal Industrial's Days Payable too high?
Agarwal Industrial's current Days Payable of 45.60 is 209% above median its 10-year median of 14.75. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 62.94. The Chemicals industry median Days Payable is 59.54. Agarwal Industrial's value of 45.60 is 23.4% below this industry median. Based on the distribution chart, Agarwal Industrial ranks #725 out of 1553 companies in the Chemicals industry, which is above the industry midpoint. Overall, Agarwal Industrial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Agarwal Industrial's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Agarwal Industrial ranks #725 out of 1553 companies for Days Payable. This puts Agarwal Industrial in the upper half of its industry. The industry median Days Payable is 59.54. Agarwal Industrial's value of 45.60 is 23.4% below this benchmark. Historically, Agarwal Industrial's own Days Payable has ranged from 2.74 to 62.94 over the past decade. While the company's 10-year median is 14.75 vs. the industry median of 59.54, Agarwal Industrial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.54, based on 1,553 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agarwal Industrial's current Days Payable of 45.60 is 23.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Agarwal Industrial and its competitors. For the Chemicals industry, the median Days Payable is 59.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agarwal Industrial's current Days Payable is 45.60, which is 209% above median its own 10-year median of 14.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agarwal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Agarwal Industrial (BOM:531921) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹676.46, compared to a current price of ₹506.25 — trading 25.2% below its estimated fair value. The current Days Payable is 45.60, which is 209% above median its 10-year median of 14.75 and 23.4% below the Chemicals industry median of 59.54. Agarwal Industrial's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Agarwal Industrial (BOM:531921), the current Days Payable is 45.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Agarwal Industrial (BOM:531921) Overvalued in 2026?

Based on GuruFocus' analysis, Agarwal Industrial stock appears to be undervalued. The current stock price of ₹506.25 is trading 25.2% below its estimated GF Value™ of ₹676.46. GuruFocus considers Agarwal Industrial to be Modestly Undervalued.

Key valuation signals for BOM:531921:

  • Days Payable: 45.60 (209% above median its 10-year median of 14.75)
  • GF Value™: ₹676.46 vs. price of ₹506.25 (25.2% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 23.4% below the Chemicals median (#725 of 1553)

No single metric tells the full story. See the BOM:531921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agarwal Industrial Business Description

Other Exchanges AGARIND:India
Address S.T. Road, V.N. Purav Marg, Plot Number 12, Eastern Court, Unit No. 201-202, Chembur, Mumbai, MH, IND, 400 071
Agarwal Industrial Corp Ltd is engaged in manufacturing and trading petrochemicals, Bitumen and Liquefied Petroleum Gas (LPG) logistics, and energy generation through windmills. The company's operating segment includes the Ancillary Infra - Bitumen & Allied products; Logistics and Windmill. It generates maximum revenue from the Ancillary Infra - Bitumen & Allied products segment, including Bituminous and Allied Products. The company's product categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.
75GF Score

Get the complete analysis for BOM:531921

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹506.25
Price
₹676.46
GF Value