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Aarti Industries Limited

Aarti Industries Limited

AARTIIND.BO
Aarti Industries LimitedIN flagBombay Stock Exchange
478.75
INR
-9.35
- -
173.48BMarket Cap
Aarti Industries Limited
AARTIIND.BO
(Bombay Stock Exchange)

Recent

price

478.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
48.36
53.17
58.07
73.33
80.75
88.7
94.82
115.6
118.89
117.81
123.55
143.2
179.09
170.8
200.5
- -
195.95
Revenue per Share
2.66
3.36
3.79
4.58
5.81
7.71
9.61
10.24
14.18
15.38
15.02
32.71
15.04
11.49
9.13
- -
6.55
Basic EPS, GAAP
-0.26
-0.4
6.48
8.89
9.58
17.21
-1.83
-8.61
-1.66
-1.47
-12.69
-17.84
-0.21
-3.27
-3.97
- -
- -
Free Cash Flow per Basic Share
0.49
0.82
0.97
1.17
1.36
2.86
0.02
0.31
1.27
3.05
1.29
3.5
2.5
1.5
0.99
- -
- -
Dividend per Share
1.25
14.85
15.09
18.02
21.24
25.22
33.23
41.3
46.82
57.92
70.08
76.22
87.23
96.06
103.24
- -
- -
Book Value per Share
16.64
19.2
21.46
24.69
30.35
35.67
43.36
50.85
78.27
88.17
100.86
123.43
132.75
140.88
148.3
- -
- -
Tangible Book Value per Share
307
307
354
354
354
333
328
325
347
348
348
363
363
363
363
- -
362
Basic Weighted Avg Shares
14,839
16,323
20,576
25,984
28,614
29,562
31,146
37,593
41,215
41,052
43,052
51,912
64,922
61,917
72,690
82,860
70,950
Sales/Revenue/Turnover
-54.71
12.18
13.79
12.28
13.57
16.41
17.35
14.95
19.86
19.62
17.78
28.63
12.26
10.01
7.79
8.17
6.34
Operating Margin (%)
500
549
828
885
820
985
1,225
1,462
1,627
1,852
2,313
2,464
3,104
3,781
4,340
4,740
4,460
Depreciation Expense
815
1,033
1,344
1,624
2,059
2,569
3,158
3,330
4,917
5,361
5,235
11,857
5,452
4,165
3,310
4,190
2,370
Net Income, GAAP
30.33
28.65
28.78
26.21
23.96
26.09
21.19
19.32
18.94
19.14
19.46
13.57
10.78
- -
- -
- -
- -
Effective Tax Rate (%)
5.49
6.33
6.53
6.25
7.19
8.69
10.14
8.86
11.93
13.06
12.16
22.84
8.4
6.73
4.55
5.06
3.34
Profit Margin (%)
5,899
927
130
375
1,613
1,109
-32
986
6,449
885
-325
5,332
-3,240
-1,034
-5,717
-8,510
- -
Working Capital
2
1,037
1,175
2,626
4,192
5,269
5,964
9,083
8,148
6,020
12,812
9,448
6,600
15,732
19,146
22,220
- -
LT Debt
5,182
5,934
7,605
8,750
10,754
11,894
14,263
16,554
27,147
30,734
35,149
45,174
49,208
52,905
56,052
59,550
- -
Total Equity
-79.66
16.3
14.26
13.32
14.06
15.06
15.57
13.48
14.99
12.63
10.66
19.06
9.51
- -
- -
- -
- -
Return on Invested Capital (%)
44.92
26.5
15.82
15.6
16.39
15.72
15.96
13.51
16.32
14.84
12.01
23.34
11.21
- -
- -
- -
- -
Return on Capital (%)
212.41
41.79
27.14
27.69
29.6
32.25
32.69
27.35
33.16
29.44
23.47
45.56
18.4
12.54
9.16
21.36
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
19,332
- -
LT Borrowings
- -
18,674
- -
LT Finance Leases
- -
471
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
363
- -
Market Capitalization
148,517
141,590
173,615

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
28,947
- -
Cash, Cash Equivalents & STI
- -
2,946
- -
Accounts Receivable, Net
- -
7,861
- -
Inventories
- -
14,540
- -
Total Current Liabilities
- -
34,664
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
19,332
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.47%
11.43%
6.24%
Free Cash Flow
172.14%
158.76%
-642.47%
Net Income, GAAP
13.76%
10.99%
26.59%
Sales/Revenue/Turnover
11.26%
14.48%
13.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,140
14,540
17,320
15,942
61,917
2025
18,510
16,280
18,430
19,490
72,690
2026
16,750
23,180
22,050
- -
82,860

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.93
2.5
3.42
- -
11.49
2025
3.77
1.44
1.27
2.64
9.13
2026
1.19
3.67
3.79
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
0.99
2026
- -
- -
- -
- -
- -
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Business
Aarti Industries Limited, incorporated in 1984 and headquartered in Mumbai, India, with its registered office in Vapi, Gujarat, manufactures and exports specialty chemicals and pharmaceutical intermediates used in the downstream production of agrochemicals, polymers, additives, surfactants, pigments, dyes, and pharmaceuticals; its diversified portfolio encompasses three primary segments including specialty chemicals such as nitro chloro benzene derivatives and fluorinated compounds, agrochemical intermediates, polymer additives, home and personal care ingredients, basic chemicals, and contract development and manufacturing organization services through subsidiaries like Aarti Pharmalabs. The company operates 16 manufacturing facilities primarily in western India including Vapi, Jhagadia, Tarapur, and Dahej SEZ, alongside four R&D centers supporting over 300 engineers and scientists, and exports to more than 60 countries across North America, Europe, Asia, and other regions serving industries such as agrochemicals, pharmaceuticals, FMCG, energy, and dyes & pigments. Recent developments include a May 2024 joint venture with UPL Limited through Augene Chemical Private Limited for manufacturing and marketing specialty chemicals with applications in agrochemicals and paints involving initial equity investments of INR 125 million each and further commitments up to INR 1,375 million over 24 months; a January 2025 share subscription and shareholders agreement with Pro-Zeal Green Power Seven Private Limited acquiring 26.25% equity stake and convertible debentures to bolster green energy initiatives; a September 2025 long-term strategic partnership with DCM Shriram Consolidated for chlorine supply enhancing operational efficiency and sustainability; alongside earlier long-term supply contracts such as a Rs 6,000 crore four-year agreement in January 2024 with a multinational conglomerate and a Rs 3,000 crore nine-year deal in December 2023 with a global agrochemical firm.