Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
718.40
617.50
537.50
429.81
339.32
248.57
187.48
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
718.40
617.50
537.50
429.81
339.32
248.57
187.48
Raw Material Cost
86.00
73.23
65.05
50.66
39.51
31.75
23.51
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
128.40
100.45
76.01
62.75
66.35
44.66
32.98
Selling and Distribution Expenses
44.06
37.63
34.79
30.12
25.46
20.79
15.57
Other Expenses
11.31
10.82
9.86
6.92
3.09
2.62
1.43
Total Expenditure (Excl Depreciation)
371.52
319.47
274.45
212.74
162.25
123.44
86.39
Operating Profit (PBDIT) excl Other Income
346.9
298
263
217.10000000000002
177.10000000000002
125.1
101.1
Other Income
0.11
3.78
-3.07
5.82
31.08
12.59
13.19
Operating Profit (PBDIT)
588.45
510.41
434.58
354.85
305.44
204.48
159.98
Interest
128.40
100.45
76.01
62.75
66.35
44.66
32.98
Exceptional Items
-11.87
-7.22
-7.17
-1.01
-16.53
0.00
0.00
Gross Profit (PBDT)
390.94
335.66
297.83
247.20
202.53
150.06
118.26
Depreciation
241.45
208.60
174.61
131.95
97.28
66.76
45.70
Profit Before Tax
206.72
194.14
176.78
159.13
125.28
93.06
81.30
Tax
1.74
4.31
2.91
2.86
2.40
1.09
0.54
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
204.35
189.20
169.55
152.06
121.90
91.08
79.70
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
204.35
189.20
169.55
152.06
121.90
91.08
79.70
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.64
0.64
0.59
0.60
0.60
0.59
0.68
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
204.99
189.83
170.14
152.66
122.51
91.67
80.38
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
6,095.98
5,335.05
5,024.21
4,454.00
3,242.69
2,524.49
1,689.33
Earnings per share (EPS)
1.77
1.78
1.7
1.83
1.78
1.74
1.93
Diluted Earnings per share
1.77
1.78
1.7
1.83
1.78
1.74
1.93
Operating Profit Margin (Excl OI)
48.29%
48.26%
48.94%
50.5%
52.19%
50.34%
53.92%
Gross Profit Margin
62.39%
65.22%
65.38%
67.72%
65.59%
64.29%
67.74%
PAT Margin
28.45%
30.64%
31.55%
35.38%
35.93%
36.64%
42.51%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 16.34% vs 14.88% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 8.01% vs 11.58% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 16.13% vs 15.74% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 27.89% vs 32.11% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Agree Realty Corp. With
Figures in Million
Consolidate Annual Results
Change(USD)
Change(%)
Net Sales
718.40
1,910.00
-1,191.60
-62.39%
Other Operating Income
0.00
0.00
0.00
Total Operating income
718.40
1,910.00
-1,191.60
-62.39%
Raw Material Cost
86.00
0.00
86.00
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
87.00
-87.00
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
128.40
2,848.00
-2,719.60
-95.49%
Selling and Distribution Expenses
44.06
40.00
4.06
10.15%
Other Expenses
11.31
-558.10
569.41
102.03%
Total Expenditure (Excl Depreciation)
371.52
-2,606.00
2,977.52
114.26%
Operating Profit (PBDIT) excl Other Income
346.88
4,516.00
-4,169.12
-92.32%
Other Income
0.11
2.00
-1.89
-94.50%
Operating Profit (PBDIT)
588.45
4,518.00
-3,929.55
-86.98%
Interest
128.40
2,848.00
-2,719.60
-95.49%
Exceptional Items
-11.87
0.00
-11.87
Gross Profit (PBDT)
390.94
1,910.00
-1,519.06
-79.53%
Depreciation
241.45
0.00
241.45
Profit Before Tax
206.72
1,670.00
-1,463.28
-87.62%
Tax
1.74
0.00
1.74
Provisions and contingencies
0
0
0.00
Profit After Tax
204.35
1,670.00
-1,465.65
-87.76%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
204.35
1,670.00
-1,465.65
-87.76%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.64
0.00
0.64
Other related items
0.00
0.00
0.00
Consolidated Net Profit
204.99
1,670.00
-1,465.01
-87.73%
Equity Capital
0
0
0.00
Face Value
0.00
0.01
0.00
Reserves
6,095.98
10,425.00
-4,329.02
-41.53%
Earnings per share (EPS)
1.77
1.47
0.30
20.41%
Diluted Earnings per share
1.77
1.47
0.30
20.41%
Operating Profit Margin (Excl OI)
48.29%
236.44%
0.00
-188.15%
Gross Profit Margin
62.39%
87.43%
0.00
-25.04%
PAT Margin
28.45%
87.43%
0.00
-58.98%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 71.84 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 16.34% vs 14.88% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 20.50 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 8.01% vs 11.58% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 58.83 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 16.13% vs 15.74% in Dec 2024
Annual - Interest
Interest 12.84 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 27.89% vs 32.11% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 48.29%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






