About
Aries Agro Limited, together with its subsidiaries, engages in the manufacture and supply of micronutrients and other nutritional products for plants and animals. It offers plant protection, aqua culture and animal nutrition, water soluble NPK, organic and bio, high density input, crop specific, slow-release fertilizer pastilles, and other products, as well as nutrients for urban farms and gardens. The company also manufactures and sells chilly and spices, millets, teamin, soymin, coffeemin, maize, cotton, paddy, and betel vine special products; aries pro ย calcium chloride products; farm equipment and machinery; and mineral feed supplements. In addition, it provides hydroponics and consultancy services. Aries Agro Limited operates in India, Nepal, Brazil, the Philippines, the United Arab Emirates, Taiwan, Australia, Nigeria, New Zealand, and internationally. The company was incorporated in 1969 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap650 Cr
P/E13.60
Div Yield0.30 %
Book Valueโน257.00
52w Highโน518.00
52w Lowโน285.00
Face Valueโน10.00
Quarterly Results
Rs. Crores ยท 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 | 183.00 | 177.00 | 191.00 | 193.00 | 156.00 | 122.00 | 162.00 | 183.00 | 138.00 | 105.00 | 144.00 | 157.00 | 108.00 |
| Expenses | 158.00 | 176.00 | 168.00 | 159.00 | 136.00 | 123.00 | 141.00 | 152.00 | 122.00 | 105.00 | 127.00 | 127.00 | 94.00 |
| Operating Profit | 25.00 | 2.00 | 23.00 | 34.00 | 21.00 | -1.00 | 21.00 | 31.00 | 16.00 | 0.00 | 18.00 | 30.00 | 14.00 |
| OPM % | 14.00 | 0.80 | 12.00 | 18.00 | 13.00 | -0.90 | 13.00 | 17.00 | 11.00 | -0.10 | 12.00 | 19.00 | 13.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 2.00 | 3.00 | 3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 4.00 | 3.00 | 2.00 | 7.00 | 5.00 | 3.00 | 5.00 | 8.00 | 3.00 | 5.00 | 4.00 | 9.00 | 4.00 |
| Profit before tax | 18.00 | -4.00 | 19.00 | 25.00 | 14.00 | -6.00 | 15.00 | 21.00 | 11.00 | -7.00 | 12.00 | 19.00 | 8.00 |
| Tax % | 25.00 | -14.00 | 26.00 | 25.00 | 33.00 | -28.00 | 20.00 | 20.00 | 30.00 | -23.00 | 30.00 | 29.00 | 31.00 |
| Net Profit | 14.00 | -3.00 | 14.00 | 18.00 | 9.00 | -5.00 | 12.00 | 17.00 | 8.00 | -6.00 | 8.00 | 13.00 | 6.00 |
| EPS in Rs | 10.47 | -2.68 | 10.99 | 14.14 | 7.05 | -3.55 | 9.07 | 13.15 | 6.12 | -4.28 | 6.51 | 10.16 | 4.39 |
Profit & Loss
Annual ยท 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 | 718.00 | 598.00 | 508.00 | 470.00 | 432.00 | 381.00 | 296.00 | 265.00 | 261.00 | 217.00 | 208.00 | 209.00 |
| Expenses | 638.00 | 538.00 | 453.00 | 423.00 | 384.00 | 324.00 | 253.00 | 220.00 | 216.00 | 177.00 | 176.00 | 172.00 |
| Operating Profit | 80.00 | 60.00 | 55.00 | 47.00 | 48.00 | 57.00 | 43.00 | 45.00 | 45.00 | 40.00 | 32.00 | 37.00 |
| OPM % | 11.00 | 10.00 | 11.00 | 10.00 | 11.00 | 15.00 | 14.00 | 17.00 | 17.00 | 18.00 | 15.00 | 18.00 |
| Other Income | 0.00 | 8.00 | 6.00 | 13.00 | 9.00 | 5.00 | 11.00 | 7.00 | 4.00 | 2.00 | 1.00 | 1.00 |
| Interest | 17.00 | 18.00 | 22.00 | 23.00 | 24.00 | 26.00 | 26.00 | 27.00 | 25.00 | 21.00 | 21.00 | 21.00 |
| Depreciation | 10.00 | 8.00 | 7.00 | 8.00 | 6.00 | 6.00 | 5.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 53.00 | 41.00 | 32.00 | 29.00 | 27.00 | 30.00 | 23.00 | 23.00 | 22.00 | 18.00 | 10.00 | 15.00 |
| Tax % | 28.00 | 22.00 | 31.00 | 31.00 | 28.00 | 25.00 | 32.00 | 34.00 | 35.00 | 35.00 | 39.00 | 22.00 |
| Net Profit | 38.00 | 32.00 | 22.00 | 20.00 | 19.00 | 23.00 | 16.00 | 15.00 | 14.00 | 12.00 | 6.00 | 12.00 |
| EPS in Rs | 29.51 | 24.80 | 16.77 | 15.56 | 14.63 | 17.41 | 12.00 | 11.46 | 10.88 | 9.10 | 4.92 | 9.08 |
| Dividend Payout % | 8.00 | 5.00 | 6.00 | 6.00 | 5.00 | 5.00 | 4.00 | 16.00 | 21.00 | 22.00 | 30.00 | 22.00 |
Balance Sheet
Annual ยท Rs. Crores โ 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 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 |
| Reserves | 299.00 | 262.00 | 235.00 | 214.00 | 196.00 | 178.00 | 155.00 | 144.00 | 133.00 | 122.00 | 113.00 | 122.00 |
| Borrowings | 42.00 | 39.00 | 65.00 | 98.00 | 110.00 | 142.00 | 150.00 | 161.00 | 149.00 | 112.00 | 114.00 | 114.00 |
| Other Liabilities | 236.00 | 234.00 | 179.00 | 172.00 | 168.00 | 143.00 | 136.00 | 107.00 | 90.00 | 71.00 | 60.00 | 55.00 |
| Total Liabilities | 591.00 | 548.00 | 491.00 | 497.00 | 486.00 | 476.00 | 454.00 | 425.00 | 385.00 | 318.00 | 299.00 | 304.00 |
| Fixed Assets | 97.00 | 92.00 | 77.00 | 70.00 | 65.00 | 54.00 | 48.00 | 39.00 | 34.00 | 25.00 | 26.00 | 21.00 |
| CWIP | 40.00 | 10.00 | 2.00 | 0.00 | 0.00 | 12.00 | 12.00 | 15.00 | 14.00 | 15.00 | 9.00 | 9.00 |
| Investments | 48.00 | 31.00 | 29.00 | 23.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Other Assets | 406.00 | 415.00 | 384.00 | 405.00 | 401.00 | 389.00 | 374.00 | 352.00 | 317.00 | 258.00 | 244.00 | 254.00 |
| Total Assets | 591.00 | 548.00 | 491.00 | 497.00 | 486.00 | 476.00 | 454.00 | 425.00 | 385.00 | 318.00 | 299.00 | 304.00 |
Cash Flows
Annual ยท Rs. Crores โ 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 | 81.00 | 101.00 | 74.00 | 53.00 | 66.00 | 55.00 | 57.00 | 48.00 | 31.00 | 30.00 | 25.00 | 31.00 |
| Cash from Investing Activity | -70.00 | -29.00 | -18.00 | -15.00 | -8.00 | -12.00 | -24.00 | -31.00 | -37.00 | -4.00 | -12.00 | 3.00 |
| Cash from Financing Activity | -15.00 | -44.00 | -56.00 | -37.00 | -58.00 | -43.00 | -37.00 | -19.00 | 7.00 | -25.00 | -13.00 | -38.00 |
| Net Cash Flow | -4.00 | 28.00 | -1.00 | 1.00 | 0.00 | 0.00 | -4.00 | -2.00 | 0.00 | 1.00 | 0.00 | -4.00 |
| Free Cash Flow | 36.00 | 70.00 | 57.00 | 40.00 | 62.00 | 42.00 | 44.00 | 40.00 | 21.00 | 23.00 | 19.00 | 30.00 |
| CFO/OP % | 121.00 | 185.00 | 151.00 | 125.00 | 153.00 | 108.00 | 150.00 | 124.00 | 85.00 | 91.00 | 92.00 | 99.00 |
Ratios
Annual ยท Days / % โ 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 | 44.00 | 69.00 | 77.00 | 84.00 | 90.00 | 104.00 | 125.00 | 137.00 | 133.00 | 135.00 | 142.00 | 171.00 |
| Inventory Days | 125.00 | 141.00 | 177.00 | 208.00 | 233.00 | 271.00 | 466.00 | 478.00 | 458.00 | 553.00 | 364.00 | 427.00 |
| Days Payable | 61.00 | 57.00 | 64.00 | 86.00 | 108.00 | 101.00 | 197.00 | 189.00 | 185.00 | 143.00 | 82.00 | 137.00 |
| Cash Conversion Cycle | 108.00 | 153.00 | 190.00 | 206.00 | 215.00 | 275.00 | 394.00 | 425.00 | 406.00 | 545.00 | 424.00 | 461.00 |
| Working Capital Days | 82.00 | 95.00 | 122.00 | 128.00 | 125.00 | 118.00 | 135.00 | 130.00 | 126.00 | 140.00 | 137.00 | 163.00 |
| ROCE % | 21.00 | 19.00 | 17.00 | 16.00 | 16.00 | 17.00 | 16.00 | 16.00 | 17.00 | 16.00 | 13.00 | 14.00 |
Corporate Actions
20 records| Action | Ex Date | Record Date | Ratio | Amount (โน) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Sep 2025 | 19 Sep 2025 | โ | 1.20 | |
| Dividend | 13 Sep 2024 | 16 Sep 2024 | โ | 1.00 | |
| Dividend | 22 Sep 2023 | 22 Sep 2023 | โ | 1.00 | |
| Dividend | 21 Sep 2022 | 22 Sep 2022 | โ | 0.80 | |
| Dividend | 14 Sep 2021 | 15 Sep 2021 | โ | 0.80 | |
| Dividend | 19 Mar 2020 | 21 Mar 2020 | โ | 0.50 | |
| Dividend | 19 Sep 2019 | โ | โ | 1.80 | |
| Dividend | 12 Sep 2018 | โ | โ | 2.30 | |
| Dividend | 14 Sep 2017 | โ | โ | 2.00 | |
| Dividend | 15 Sep 2016 | โ | โ | 1.50 | |
| Dividend | 16 Sep 2015 | โ | โ | 2.00 | |
| Dividend | 18 Sep 2014 | โ | โ | 2.00 | |
| Dividend | 19 Sep 2013 | โ | โ | 1.50 | |
| Dividend | 20 Sep 2012 | โ | โ | 1.50 | |
| Dividend | 22 Sep 2011 | โ | โ | 1.00 | |
| Dividend | 10 Feb 2011 | 12 Feb 2011 | โ | 1.00 | |
| Dividend | 08 Sep 2010 | โ | โ | 1.50 | |
| Other | 24 Sep 2009 | โ | โ | โ | Annual General Meeting |
| Other | 21 Aug 2008 | โ | โ | โ | Annual General Meeting |
| Dividend | 12 Jun 2008 | 14 Jun 2008 | โ | 1.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results โ Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update7 Aug from crisil
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Rating update12 Aug 2025 from crisil
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Rating update27 May 2024 from crisil
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Rating update30 Mar 2023 from crisil
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Rating update8 Feb 2022 from brickwork
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Rating update11 Jan 2022 from crisil