About
Aarti Industries Limited engages in the manufacture and sale of specialty chemicals in India and internationally. It offers di chloro benzene, nitro chloro and nitro benzene, nitro toluenes, sulphur, and other organic and inorganic products; chlorination, nitration, hydrogenation, ammonolysis, halex, dinitro chlorination, alkylation, hydrolysis, methoxylation, esterification, diazotization, sulphonation, condensation, n-alkylation, and oxidation. It also provides end use products, including dyes, basic pharma, pigments, agro chemicals, polymers, fertilizers, UV absorbers, plasticizers, specialty chemicals, flavour fragrance and food beverage products, and refinery and oil field chemicals, as well as intermediates. Aarti Industries Limited was incorporated in 1984 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap17,848 Cr
P/E34.20
Div Yield0.20 %
Book Value₹164.00
52w High₹552.00
52w Low₹338.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,387.00 | 2,205.00 | 2,318.00 | 2,100.00 | 1,675.00 | 1,949.00 | 1,843.00 | 1,628.00 | 1,851.00 | 1,773.00 | 1,732.00 | 1,454.00 | 1,414.00 |
| Expenses | 2,005.00 | 1,864.00 | 1,997.00 | 1,809.00 | 1,463.00 | 1,687.00 | 1,612.00 | 1,431.00 | 1,546.00 | 1,489.00 | 1,473.00 | 1,221.00 | 1,214.00 |
| Operating Profit | 382.00 | 341.00 | 321.00 | 291.00 | 212.00 | 262.00 | 231.00 | 197.00 | 305.00 | 284.00 | 259.00 | 233.00 | 200.00 |
| OPM % | 16.00 | 15.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 12.00 | 16.00 | 16.00 | 15.00 | 16.00 | 14.00 |
| Other Income | 5.00 | 1.00 | -13.00 | 22.00 | 4.00 | 3.00 | 5.00 | 7.00 | 6.00 | -1.00 | 8.00 | 0.00 | 0.00 |
| Depreciation | 124.00 | 119.00 | 121.00 | 120.00 | 114.00 | 113.00 | 111.00 | 108.00 | 102.00 | 98.00 | 97.00 | 93.00 | 89.00 |
| Interest | 83.00 | 112.00 | 69.00 | 100.00 | 60.00 | 64.00 | 85.00 | 62.00 | 64.00 | 59.00 | 54.00 | 58.00 | 40.00 |
| Profit before tax | 180.00 | 111.00 | 118.00 | 93.00 | 42.00 | 88.00 | 40.00 | 34.00 | 145.00 | 126.00 | 116.00 | 82.00 | 71.00 |
| Tax % | 14.00 | -23.00 | -13.00 | -14.00 | -2.00 | -9.00 | -15.00 | -53.00 | 6.00 | -5.00 | -7.00 | -11.00 | 1.00 |
| Net Profit | 155.00 | 137.00 | 133.00 | 106.00 | 43.00 | 96.00 | 46.00 | 52.00 | 137.00 | 132.00 | 124.00 | 91.00 | 70.00 |
| EPS in Rs | 4.27 | 3.78 | 3.67 | 2.92 | 1.19 | 2.65 | 1.27 | 1.43 | 3.78 | 3.64 | 3.42 | 2.51 | 1.93 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,286.00 | 7,269.00 | 6,371.00 | 6,619.00 | 6,086.00 | 4,506.00 | 4,186.00 | 4,168.00 | 3,806.00 | 3,163.00 | 3,006.00 | 2,890.00 |
| Expenses | 7,118.00 | 6,272.00 | 5,393.00 | 5,530.00 | 4,365.00 | 3,525.00 | 3,209.00 | 3,202.00 | 3,106.00 | 2,509.00 | 2,434.00 | 2,424.00 |
| Operating Profit | 1,168.00 | 997.00 | 978.00 | 1,089.00 | 1,720.00 | 982.00 | 977.00 | 965.00 | 700.00 | 654.00 | 572.00 | 466.00 |
| OPM % | 14.00 | 14.00 | 15.00 | 16.00 | 28.00 | 22.00 | 23.00 | 23.00 | 18.00 | 21.00 | 19.00 | 16.00 |
| Other Income | 11.00 | 20.00 | 7.00 | 1.00 | 1.00 | 1.00 | 9.00 | 2.00 | 7.00 | 2.00 | 6.00 | 9.00 |
| Interest | 340.00 | 275.00 | 211.00 | 168.00 | 102.00 | 86.00 | 125.00 | 183.00 | 132.00 | 117.00 | 117.00 | 138.00 |
| Depreciation | 474.00 | 434.00 | 378.00 | 310.00 | 246.00 | 231.00 | 185.00 | 163.00 | 146.00 | 123.00 | 98.00 | 82.00 |
| Profit before tax | 365.00 | 307.00 | 395.00 | 611.00 | 1,372.00 | 665.00 | 676.00 | 622.00 | 429.00 | 416.00 | 363.00 | 255.00 |
| Tax % | -15.00 | -8.00 | -5.00 | 11.00 | 14.00 | 19.00 | 19.00 | 19.00 | 19.00 | 21.00 | 26.00 | 24.00 |
| Net Profit | 419.00 | 331.00 | 416.00 | 545.00 | 1,186.00 | 535.00 | 547.00 | 504.00 | 346.00 | 328.00 | 268.00 | 208.00 |
| EPS in Rs | 11.56 | 9.13 | 11.49 | 15.04 | 32.71 | 15.02 | 15.39 | 14.18 | 10.24 | 9.62 | 7.71 | 5.81 |
| Dividend Payout % | 9.00 | 11.00 | 9.00 | 17.00 | 11.00 | 10.00 | 11.00 | 19.00 | 2.00 | 3.00 | 28.00 | 24.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 181.00 | 181.00 | 181.00 | 181.00 | 181.00 | 87.00 | 87.00 | 43.00 | 41.00 | 41.00 | 42.00 | 44.00 |
| Reserves | 5,774.00 | 5,424.00 | 5,109.00 | 4,739.00 | 4,335.00 | 3,416.00 | 2,892.00 | 2,587.00 | 1,538.00 | 1,321.00 | 1,096.00 | 972.00 |
| Borrowings | 4,966.00 | 3,848.00 | 3,623.00 | 2,907.00 | 2,587.00 | 2,857.00 | 2,098.00 | 2,401.00 | 2,083.00 | 1,564.00 | 1,292.00 | 1,202.00 |
| Other Liabilities | 2,379.00 | 1,661.00 | 1,203.00 | 754.00 | 748.00 | 1,282.00 | 1,256.00 | 826.00 | 730.00 | 573.00 | 538.00 | 719.00 |
| Total Liabilities | 13,300.00 | 11,114.00 | 10,115.00 | 8,581.00 | 7,851.00 | 7,642.00 | 6,332.00 | 5,858.00 | 4,391.00 | 3,499.00 | 2,966.00 | 2,938.00 |
| Fixed Assets | 6,399.00 | 6,377.00 | 5,649.00 | 4,861.00 | 3,595.00 | 3,593.00 | 2,468.00 | 2,147.00 | 1,998.00 | 1,697.00 | 1,246.00 | 967.00 |
| CWIP | 2,187.00 | 1,454.00 | 1,229.00 | 1,096.00 | 1,346.00 | 1,298.00 | 1,418.00 | 795.00 | 436.00 | 270.00 | 313.00 | 193.00 |
| Investments | 132.00 | 48.00 | 23.00 | 17.00 | 28.00 | 64.00 | 37.00 | 33.00 | 47.00 | 47.00 | 41.00 | 139.00 |
| Other Assets | 4,582.00 | 3,235.00 | 3,214.00 | 2,607.00 | 2,882.00 | 2,688.00 | 2,409.00 | 2,884.00 | 1,910.00 | 1,486.00 | 1,366.00 | 1,639.00 |
| Total Assets | 13,300.00 | 11,114.00 | 10,115.00 | 8,581.00 | 7,851.00 | 7,642.00 | 6,332.00 | 5,858.00 | 4,391.00 | 3,499.00 | 2,966.00 | 2,938.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 781.00 | 1,238.00 | 1,210.00 | 1,319.00 | 519.00 | 873.00 | 1,102.00 | 736.00 | 335.00 | 470.00 | 574.00 | 340.00 |
| Cash from Investing Activity | -1,142.00 | -1,393.00 | -1,369.00 | -1,330.00 | -1,169.00 | -1,322.00 | -1,124.00 | -797.00 | -610.00 | -529.00 | -452.00 | -298.00 |
| Cash from Financing Activity | 745.00 | -73.00 | 420.00 | 38.00 | 412.00 | 614.00 | -535.00 | 833.00 | 279.00 | 58.00 | -128.00 | -23.00 |
| Net Cash Flow | 383.00 | -229.00 | 261.00 | 27.00 | -239.00 | 165.00 | -557.00 | 772.00 | 4.00 | 0.00 | -7.00 | 19.00 |
| Free Cash Flow | -340.00 | -137.00 | -96.00 | -8.00 | -646.00 | -442.00 | -23.00 | -55.00 | -279.00 | -60.00 | 124.00 | 45.00 |
| CFO/OP % | 67.00 | 123.00 | 132.00 | 129.00 | 44.00 | 99.00 | 130.00 | 90.00 | 62.00 | 87.00 | 117.00 | 85.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62.00 | 39.00 | 49.00 | 52.00 | 65.00 | 64.00 | 66.00 | 68.00 | 63.00 | 61.00 | 64.00 | 55.00 |
| Inventory Days | 129.00 | 126.00 | 121.00 | 115.00 | 143.00 | 190.00 | 174.00 | 152.00 | 144.00 | 136.00 | 108.00 | 123.00 |
| Days Payable | 137.00 | 107.00 | 76.00 | 24.00 | 53.00 | 117.00 | 72.00 | 55.00 | 69.00 | 71.00 | 67.00 | 55.00 |
| Cash Conversion Cycle | 54.00 | 58.00 | 94.00 | 143.00 | 155.00 | 137.00 | 168.00 | 165.00 | 138.00 | 125.00 | 105.00 | 123.00 |
| Working Capital Days | -64.00 | -44.00 | -36.00 | -29.00 | 22.00 | -36.00 | -14.00 | -14.00 | 6.00 | -4.00 | 10.00 | 10.00 |
| ROCE % | 7.00 | 6.00 | 7.00 | 10.00 | 22.00 | 13.00 | 15.00 | 18.00 | 16.00 | 19.00 | 20.00 | 19.00 |
Corporate Actions
50 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 18 Aug 2025 | 18 Aug 2025 | — | 1.00 | |
| Dividend | 26 Jul 2024 | 26 Jul 2024 | — | 1.00 | |
| Dividend | 28 Jul 2023 | 28 Jul 2023 | — | 1.50 | |
| Dividend | 15 Feb 2023 | 15 Feb 2023 | — | 1.00 | |
| Other | 19 Oct 2022 | 20 Oct 2022 | — | — | Spin Off |
| Other | 19 Oct 2022 | 20 Oct 2022 | — | — | Demerger |
| Dividend | 16 Sep 2022 | 19 Sep 2022 | — | 1.50 | |
| Dividend | 15 Feb 2022 | 16 Feb 2022 | — | 1.00 | |
| Dividend | 10 Nov 2021 | 11 Nov 2021 | — | 1.00 | |
| Dividend | 20 Sep 2021 | 21 Sep 2021 | — | 1.50 | |
| Bonus | 22 Jun 2021 | 23 Jun 2021 | 1:1 | — | |
| Dividend | 19 Nov 2020 | 20 Nov 2020 | — | 1.50 | |
| Dividend | 10 Sep 2020 | 11 Sep 2020 | — | 1.00 | |
| Dividend | 24 Feb 2020 | 25 Feb 2020 | — | 2.50 | |
| Bonus | 27 Sep 2019 | 30 Sep 2019 | 1:1 | — | |
| Dividend | 27 Aug 2019 | 28 Aug 2019 | — | 7.00 | |
| Other | 03 Jul 2019 | 04 Jul 2019 | — | — | Spin Off |
| Other | 03 Jul 2019 | 04 Jul 2019 | — | — | Scheme Of Demerger |
| Dividend | 12 Feb 2019 | 13 Feb 2019 | — | 4.00 | |
| Dividend | 11 Sep 2018 | — | — | 1.00 | |
| Other | 04 Jan 2018 | 05 Jan 2018 | — | — | Buy Back of Shares |
| Other | 04 Jan 2018 | 05 Jan 2018 | — | — | Buyback |
| Dividend | 18 Sep 2017 | — | — | 1.00 | |
| Other | 01 Nov 2016 | 02 Nov 2016 | — | — | Buy Back of Shares |
| Other | 01 Nov 2016 | 02 Nov 2016 | — | — | Buy Back |
| Other | 21 Sep 2016 | — | — | — | Annual General Meeting |
| Dividend | 22 Mar 2016 | 24 Mar 2016 | — | 3.50 | |
| Dividend | 12 Feb 2016 | 15 Feb 2016 | — | 2.00 | |
| Dividend | 09 Nov 2015 | 11 Nov 2015 | — | 3.00 | |
| Dividend | 15 Sep 2015 | — | — | 1.75 | |
| Dividend | 12 Feb 2015 | 15 Feb 2015 | — | 1.50 | |
| Dividend | 13 Nov 2014 | 14 Nov 2014 | — | 2.25 | |
| Dividend | 15 Sep 2014 | — | — | 1.50 | |
| Dividend | 06 Feb 2014 | 08 Feb 2014 | — | 1.25 | |
| Dividend | 19 Nov 2013 | 20 Nov 2013 | — | 1.75 | |
| Dividend | 12 Sep 2013 | — | — | 1.25 | |
| Dividend | 11 Feb 2013 | 12 Feb 2013 | — | 1.25 | |
| Dividend | 05 Nov 2012 | 06 Nov 2012 | — | 1.50 | |
| Dividend | 02 Aug 2012 | — | — | 1.50 | |
| Dividend | 06 Feb 2012 | 07 Feb 2012 | — | 2.00 | |
| Dividend | 16 Sep 2011 | — | — | 1.25 | |
| Dividend | 07 Feb 2011 | 08 Feb 2011 | — | 1.25 | |
| Dividend | 07 Sep 2010 | — | — | 0.70 | |
| Dividend | 03 Feb 2010 | 04 Feb 2010 | — | 1.80 | |
| Dividend | 29 Sep 2009 | — | — | 1.20 | |
| Dividend | 31 Oct 2008 | 03 Nov 2008 | — | 1.80 | |
| Dividend | 10 Jul 2008 | — | — | 0.50 | |
| Dividend | 01 Feb 2008 | 04 Feb 2008 | — | 1.00 | |
| Other | 14 Sep 2007 | — | — | — | Agm |
| Dividend | 20 Mar 2007 | 21 Mar 2007 | — | 0.30 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update5 Feb from fitch
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Rating update29 Oct 2025 from crisil
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Rating update11 Sep 2025 from crisil
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Rating update7 Mar 2025 from crisil
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Rating update6 Feb 2025 from fitch
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Rating update28 Mar 2024 from crisil
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