About
Aarti Surfactants Limited, together with its subsidiary, produces and supplies ionic and non-ionic surfactants, and specialty products for the home and personal care, agro and oil, and industrial applications in India and internationally. The company's products portfolio includes surfactants, mild surfactants, rheology modifiers, pearlizing agents, UV filters, syndet and soap bases, and active ingredients, as well as conditioning agents, blends, proteins, and quats. It also serves skin care, oral, hair, baby, cosmetics, bath and shower, sun care, fabric/laundry care, dishwashing, toilet care, and surface care sectors. The company was formerly known as Arti Surfactants Limited. Aarti Surfactants Limited was incorporated in 2018 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap465 Cr
P/E25.20
Div Yield0.18 %
Book Value₹289.00
52w High₹680.00
52w Low₹316.00
Face Value₹10.00
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 | 272.87 | 256.28 | 207.79 | 179.17 | 215.90 | 202.05 | 162.78 | 150.84 | 143.41 | 158.55 | 138.75 | 143.86 | 148.70 |
| Expenses | 252.56 | 243.05 | 195.08 | 169.81 | 204.21 | 182.30 | 153.84 | 147.07 | 133.74 | 143.34 | 122.02 | 127.60 | 133.90 |
| Operating Profit | 20.31 | 13.23 | 12.71 | 9.36 | 11.69 | 19.75 | 8.94 | 3.77 | 9.67 | 15.21 | 16.73 | 16.26 | 14.80 |
| OPM % | 7.44 | 5.16 | 6.12 | 5.22 | 5.41 | 9.77 | 5.49 | 2.50 | 6.74 | 9.59 | 12.06 | 11.30 | 9.95 |
| Other Income | 0.17 | 0.19 | 0.04 | 0.06 | 0.04 | 1.14 | -0.16 | 6.21 | 0.49 | 0.05 | 0.03 | 0.03 | 0.03 |
| Depreciation | 4.69 | 4.40 | 4.42 | 4.35 | 4.29 | 4.35 | 4.34 | 4.26 | 4.17 | 4.15 | 4.02 | 3.85 | 3.95 |
| Interest | 3.52 | 3.06 | 3.16 | 2.80 | 3.28 | 3.26 | 3.12 | 2.60 | 2.57 | 3.41 | 3.65 | 3.66 | 3.32 |
| Profit before tax | 12.27 | 5.96 | 5.17 | 2.27 | 4.16 | 13.28 | 1.32 | 3.12 | 3.42 | 7.70 | 9.09 | 8.78 | 7.56 |
| Tax % | 26.00 | 28.36 | 27.85 | 28.19 | 26.44 | 25.98 | 31.06 | 38.78 | 31.87 | 27.40 | 26.40 | 45.90 | 30.56 |
| Net Profit | 9.08 | 4.26 | 3.73 | 1.63 | 3.06 | 9.84 | 0.91 | 1.92 | 2.33 | 5.59 | 6.68 | 4.75 | 5.25 |
| EPS in Rs | 10.72 | 5.03 | 4.41 | 1.93 | 3.62 | 11.63 | 1.08 | 2.27 | 2.75 | 6.61 | 7.86 | 5.59 | 6.18 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Sales | 859.00 | 659.00 | 590.00 | 601.00 | 576.00 | 466.00 | 326.00 | 264.00 |
| Expenses | 812.00 | 617.00 | 527.00 | 554.00 | 543.00 | 420.00 | 302.00 | 259.00 |
| Operating Profit | 47.00 | 42.00 | 63.00 | 48.00 | 32.00 | 46.00 | 24.00 | 5.00 |
| OPM % | 5.00 | 6.00 | 11.00 | 8.00 | 6.00 | 10.00 | 7.00 | 2.00 |
| Other Income | 0.00 | 8.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 12.00 | 12.00 | 14.00 | 15.00 | 11.00 | 10.00 | 10.00 | 2.00 |
| Depreciation | 17.00 | 17.00 | 16.00 | 15.00 | 12.00 | 12.00 | 11.00 | 9.00 |
| Profit before tax | 18.00 | 21.00 | 33.00 | 18.00 | 9.00 | 23.00 | 3.00 | -6.00 |
| Tax % | 28.00 | 29.00 | 33.00 | 29.00 | 41.00 | 6.00 | 29.00 | 8.00 |
| Net Profit | 13.00 | 15.00 | 22.00 | 13.00 | 6.00 | 22.00 | 2.00 | -6.00 |
| EPS in Rs | 14.98 | 17.72 | 26.33 | 14.95 | 6.47 | 25.46 | 2.46 | — |
| Dividend Payout % | 7.00 | 6.00 | 0.00 | 0.00 | 0.00 | 11.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 0.05 |
| Reserves | 238.00 | 226.00 | 211.00 | 160.00 | 128.00 | 125.00 | 103.00 | 136.00 |
| Borrowings | 104.00 | 110.00 | 99.00 | 149.00 | 162.00 | 152.00 | 109.00 | 97.00 |
| Other Liabilities | 167.00 | 134.00 | 105.00 | 86.00 | 105.00 | 102.00 | 42.00 | 47.00 |
| Total Liabilities | 518.00 | 479.00 | 423.00 | 404.00 | 402.00 | 387.00 | 262.00 | 280.00 |
| Fixed Assets | 202.00 | 201.00 | 206.00 | 204.00 | 173.00 | 187.00 | 151.00 | 138.00 |
| CWIP | 40.00 | 13.00 | 7.00 | 7.00 | 48.00 | 20.00 | 14.00 | 4.00 |
| Investments | 6.00 | 6.00 | 5.00 | 5.00 | 0.00 | 0.00 | 0.00 | 32.00 |
| Other Assets | 271.00 | 258.00 | 206.00 | 188.00 | 182.00 | 180.00 | 97.00 | 106.00 |
| Total Assets | 518.00 | 479.00 | 423.00 | 404.00 | 402.00 | 387.00 | 262.00 | 280.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 77.00 | 11.00 | 52.00 | 24.00 | 23.00 | 36.00 | 18.00 | -13.00 |
| Cash from Investing Activity | -46.00 | -16.00 | -16.00 | -11.00 | -23.00 | -60.00 | -2.00 | -28.00 |
| Cash from Financing Activity | -20.00 | 0.00 | -37.00 | -8.00 | -6.00 | 32.00 | -16.00 | 41.00 |
| Net Cash Flow | 11.00 | -5.00 | -1.00 | 6.00 | -5.00 | 7.00 | 0.00 | 0.00 |
| Free Cash Flow | 32.00 | -9.00 | 36.00 | 14.00 | 5.00 | -25.00 | -7.00 | -41.00 |
| CFO/OP % | 172.00 | 39.00 | 93.00 | 55.00 | 78.00 | 78.00 | 77.00 | -245.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44.00 | 42.00 | 43.00 | 40.00 | 35.00 | 43.00 | 20.00 | 42.00 |
| Inventory Days | 60.00 | 92.00 | 81.00 | 60.00 | 60.00 | 76.00 | 83.00 | 98.00 |
| Days Payable | 62.00 | 63.00 | 55.00 | 44.00 | 56.00 | 81.00 | 28.00 | 71.00 |
| Cash Conversion Cycle | 43.00 | 71.00 | 69.00 | 55.00 | 38.00 | 38.00 | 75.00 | 69.00 |
| Working Capital Days | 22.00 | 36.00 | 40.00 | 20.00 | 18.00 | 3.00 | -1.00 | -2.00 |
| ROCE % | 9.00 | 9.00 | 15.00 | 11.00 | 7.00 | 13.00 | 6.00 | — |
Corporate Actions
4 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 16 Sep 2025 | 16 Sep 2025 | — | 1.00 | |
| Rights | 17 Jan 2023 | 17 Jan 2023 | 2:17 | — | |
| Other | 17 Jan 2023 | 17 Jan 2023 | — | — | Right Issue of Equity Shares |
| Dividend | 02 Aug 2021 | 03 Aug 2021 | — | 3.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Sep from crisil
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Rating update19 Dec 2025 from care
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Rating update27 Jun 2025 from care
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Rating update28 Jun 2024 from care
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Rating update7 Aug 2023 from care
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Rating update24 Aug 2022 from care