Friday, May 1, 2026

AGI Greenpac shares surge 16%, see biggest single-day gain since September 2023

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AGI Greenpac Ltd. gained nearly 16% on Tuesday, April 28, reacting to their fourth quarter earnings.This is the biggest single-day gain since September 20, 2023, when it had risen 17%.

The company witnessed steady revenue growth of 5% in the fourth quarter to ₹742 crore as well as the entire financial year 2026 at ₹2,665 crore .
Its net profit of ₹115 crore in the March quarter was up 19% from the previous year and 62% sequentially, while in FY26 it grew 9% from the previous year to ₹352 crore.The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) in the fourth quarter remained stable on an absolute level at at ₹153 crore.

Its margins of 10.62% in the fourth quarter contracted by 120 basis points while 22.33% in FY26 were down by 200 basis points. This is likely due to capex costs and fourth quart typically witnessing weaker margins.AGI Greenpac’s interest cost declined 56% from the previous year, which supported its profitability.

With regards to its capex, the company’s strategic entry into the aluminum beverage cans market remains on schedule with the annual capacity of 1.6 billion cans currently in the final stages of equipment procurement.

Its 500 tonne per day (TPD) greenfield container glass plant in Madhya Pradesh is on track for commissioning in March 2027. It will add 25% to the current glass container capacity.

Shares of AGI Greenpac gained 15.9% to hit an intraday high of ₹655 per share on Tuesday. It has gained 37.5% in the past month but has declined 14.3% this year, so far. The stock is down 54% from its 52-week high of ₹1,009 apiece.

Also Read: Tata Group stock surges the most in four years led by these factors

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