AGI Infra Ltd, a residential commercial projects company, has fixed the record date for its first-ever stock sub-division in the ratio of 1:2. Currently, this small-cap stock is a little above Rs 1,640 price level, and post the record date, the stock will be split into two smaller shares which will make it cheaper and affordable new and existing customers. AGI Infra shares have skyrocketed by 2,727.41% in 5 years. A stock split is carried out to improve liquidity.
AGI Infra Share Price:
The smallcap stock stood at Rs 1642.35 apiece, down by 0.73% on BSE after market hours of January 21, with m-cap at Rs 2,006.41 crore. The stock's 52-week high and low is at Rs 1,899.95 apiece and Rs 723.80 respectively.
AGI Infra's price-to-equity ratio is at 35.75x, while its return on equity is at 21.81%.
AGI Infra Stock Split:
In its regulatory filing on January 21, AGI Infra announced that its board has fixed Friday, February 07, 2025, as the Record Date for determining the eligibility of Shareholders for split/ sub-division of Equity Shares having a face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 2 (Two) Equity Shares having face value of Rs.5/- (Rupees Five only) each fully paid-up.
The stock split ratio is 1:2 accordingly. This will be AGI Infra's first-ever stock split.
AGI Infra Stock Fundamentals:
The fundamentals of AGI Infra are positive to neutral, making the stock attractive. As per Trendlyne data, the following are the key highlights for AGI stock analysis:
- The price-to-earning ratio is 35.75, which is lower than its sector PE ratio of 51.94.
- Stock Price rose 59.11% and outperformed its sector by 40.46% in the past year.
- Quarterly Revenue rose 9.39% YoY to ₹80.03 Cr. Its sector's average revenue growth YoY for the quarter was 27.27%.
- Quarterly Net profit rose 20.45% YoY to ₹17.45 Cr. Its sector's average net profit growth YoY for the quarter was -14.74%.
- Debt to Equity Ratio of 0.61 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
- Return on Equity(ROE) for the last financial year was 23.18%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.
- Mutual Fund Holding remained the same in the last quarter at 0%.
- Promoter Share Holding stayed the same in the most recent quarter at 72.94%.
- Interest Coverage Ratio is 11.62, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
- Promoter Pledges are zero.
About AGI Infra Ltd:
AGI INFRA LIMITED is a public limited company engaged in developing residential and commercial projects, with its head office in Jalandhar (Punjab). The Company is listed on the Bombay Stock Exchange since 2015 and has operations all over Punjab.
Over the last decade, the company has delivered many mega projects-residential and commercial, with product ranges varying from affordable homes to Mid-segments and High-segments, including flats, penthouses, plots, and independent villas and commercial developments including office and retail space. Currently, the company is executing one of its milestone projects in Jalandhar, which also is one of the biggest residential projects in the state of Punjab.