Aarti Industries Ltd
AARTIINDAarti Industries Ltd
AARTIINDPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
35.43 | 2.98 | 0.23% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
29.26 | 3.32 | 1.39% |
Forecast & Ratings
Detailed Forecast from 19 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Aarti Industries is a specialty chemicals company engaged in manufacturing of home and personal care products.
Investor Presentation
View olderPeers
Compare with peersGujarat Fluorochemicals Ltd
Vinati Organics Ltd
Akzo Nobel India Ltd
Navin Fluorine International Ltd
Fine Organic Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 3,012.53 | 3,165.42 | 3,813.83 | 4,169.66 | 4,195.15 | 4,506.80 | 6,086.28 | 6,619.44 | 6,380.73 | 7,009.00 | ||||||||||
Raw Materials | 1,624.39 | 1,567.25 | 2,006.55 | 1,907.03 | 1,756.29 | 1,854.73 | 2,599.63 | 3,195.54 | 3,576.93 | 5,944.00 | ||||||||||
Power & Fuel Cost | 99.77 | 110.09 | 119.72 | 114.66 | 126.73 | 145.36 | 131.89 | 160.83 | 170.52 | |||||||||||
Employee Cost | 120.70 | 152.28 | 190.14 | 242.82 | 305.22 | 371.38 | 356.96 | 385.33 | 403.74 | |||||||||||
Selling & Administrative Expenses | 179.62 | 191.77 | 243.24 | 267.53 | 254.49 | 340.75 | 410.21 | 432.50 | 312.08 | |||||||||||
Operating & Other expenses | 409.84 | 488.57 | 547.29 | 670.43 | 766.25 | 812.35 | 866.71 | 1,355.41 | 932.46 | |||||||||||
EBITDA | 578.21 | 655.46 | 706.89 | 967.19 | 986.17 | 982.23 | 1,720.88 | 1,089.83 | 985.00 | 1,065.00 | ||||||||||
Depreciation/Amortization | 98.50 | 122.52 | 146.23 | 162.68 | 185.21 | 231.31 | 246.40 | 310.45 | 378.12 | 405.00 | ||||||||||
PBIT | 479.71 | 532.94 | 560.66 | 804.51 | 800.96 | 750.92 | 1,474.48 | 779.38 | 606.88 | 660.00 | ||||||||||
Interest & Other Items | 116.98 | 117.34 | 131.65 | 182.54 | 124.78 | 86.37 | 102.33 | 168.28 | 211.47 | 239.00 | ||||||||||
PBT | 362.73 | 415.60 | 429.01 | 621.97 | 676.18 | 664.55 | 1,372.15 | 611.10 | 395.41 | 421.00 | ||||||||||
Taxes & Other Items | 105.85 | 99.82 | 96.05 | 130.24 | 140.10 | 141.08 | 186.48 | 65.87 | -21.05 | -24.00 | ||||||||||
Net Income | 256.88 | 315.78 | 332.96 | 491.73 | 536.08 | 523.47 | 1,185.67 | 545.23 | 416.46 | 445.00 | ||||||||||
EPS | 6.24 | 7.98 | 8.52 | 12.24 | 13.17 | 13.11 | 29.11 | 14.02 | 11.49 | 12.28 | ||||||||||
DPS | 1.78 | 0.21 | 0.21 | 2.30 | 1.53 | 1.31 | 3.05 | 2.50 | 1.00 | 1.00 | ||||||||||
Payout ratio | 0.28 | 0.03 | 0.02 | 0.19 | 0.12 | 0.10 | 0.10 | 0.18 | 0.09 | 0.08 |
Company Updates
Peers & Comparison
MaterialsSpecialty Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Aarti Industries Ltd | 37.85 | 2.98 | 0.23% |
Gujarat Fluorochemicals Ltd | 97.93 | 7.18 | 0.08% |
Vinati Organics Ltd | 56.92 | 7.47 | 0.39% |
Akzo Nobel India Ltd | 38.91 | 12.48 | 1.78% |
Price Comparison
Compare AARTIIND with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 2.04%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Aarti Industries Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.6610% | Percentage of the fund’s portfolio invested in the stock 0.54% | Change in the portfolio weight of the stock over the last 3 months -0.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 54/79 (-6) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8657% | Percentage of the fund’s portfolio invested in the stock 0.22% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 173/232 (+16) |
PGIM India Midcap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6692% | Percentage of the fund’s portfolio invested in the stock 0.96% | Change in the portfolio weight of the stock over the last 3 months -0.41% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 30/84 (-13) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.23%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.30 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 26, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Jul 26, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateFeb 15, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Feb 15, 2023
Cash Dividend
Ex DateEx DateSep 16, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Sep 16, 2022
Cash Dividend
Ex DateEx DateFeb 15, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Feb 15, 2022
However, Revenue from operations jumped 11.97% year on year (YoY) to Rs 1,628 crore in Q2 FY25. Profit before exceptional items and tax for Q2 FY25 was at Rs 32 crore, down 60.98% from Rs 82 crore in Q2 FY24. Exceptional loss for the quarter was Rs 2 crore. EBITDA de-grew by 13.3% to Rs 202 crore during the quarter. EBITDA margin declined to 11.3% in Q2 FY25 as against 14.6% in Q2 FY24. Non-Energy Business volumes jumped 22% YoY. The company said that volume uptick visible across end applications into dyes, pigments, polymer additives, while agrochemicals continues to remain soft. Energy business volumes declined 1% YoY. The firm said that steep drop in refining margins & gasoline-naphtha delta impacted the volumes in the Energy application. On half year basis, the company net profit jumped 18.13% to Rs 189 crore on 21.41% rise in revenue from operations to Rs 3,482 crore in H1 FY25 over H1 FY24. On outlook front, for FY25 the firm anticipates consistent volume growth over 3 yrs driven by increased capacities. Operating leverages and cost optimisation initiatives to drive EBITDA growth beyond volume growth. Capex for FY25 is estimated at Rs 1,300-1,500 crore, revised from the earlier estimate of Rs 1,500-1,800 crore, with FY26 capex projected around Rs 1,000 crore. The target EBITDA range is Rs 1,800-2,200 crore over the next 3 years, with a Debt/EBITDA ratio of fewer than 2.5x and ROCE exceeding 15%. Aarti Industries is engaged in manufacturing and dealing in speciality chemicals and pharmaceuticals. The counter hit an all-time low of Rs 427.30 on the BSE.Powered by Capital Market - Live
Net profit of Aarti Industries declined 42.86% to Rs 52.00 crore in the quarter ended September 2024 as against Rs 91.00 crore during the previous quarter ended September 2023. Sales rose 11.97% to Rs 1628.00 crore in the quarter ended September 2024 as against Rs 1454.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1628.001454.00 12 OPM %12.1016.02 - PBDT140.00175.00 -20 PBT32.0082.00 -61 NP52.0091.00 -43 Powered by Capital Market - Live
Aarti Industries will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
Aarti Industries has allotted 2,037 equity shares under ESOP on 24 September 2024. With this allotment, the paid up equity share capital has increased to Rs 1,81,25,96,250/- divided in to 36,25,19,250 equity shares of Rs. 5/- each.Powered by Capital Market - Live
Coffee Day Enterprises Ltd, Hindustan Oil Exploration Company Ltd, Cartrade Tech Ltd and Thirumalai Chemicals Ltd are among the other losers in the BSE's 'A' group today, 13 August 2024.Aarti Industries Ltd lost 15.14% to Rs 623.65 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 10.32 lakh shares were traded on the counter so far as against the average daily volumes of 58776 shares in the past one month.Coffee Day Enterprises Ltd crashed 14.52% to Rs 34.03. The stock was the second biggest loser in 'A' group.On the BSE, 32.11 lakh shares were traded on the counter so far as against the average daily volumes of 5.64 lakh shares in the past one month.Hindustan Oil Exploration Company Ltd tumbled 11.33% to Rs 248.85. The stock was the third biggest loser in 'A' group.On the BSE, 3.14 lakh shares were traded on the counter so far as against the average daily volumes of 3.34 lakh shares in the past one month.Cartrade Tech Ltd corrected 6.98% to Rs 845.9. The stock was the fourth biggest loser in 'A' group.On the BSE, 40484 shares were traded on the counter so far as against the average daily volumes of 13683 shares in the past one month.Thirumalai Chemicals Ltd slipped 6.79% to Rs 312.75. The stock was the fifth biggest loser in 'A' group.On the BSE, 71080 shares were traded on the counter so far as against the average daily volumes of 65424 shares in the past one month.Powered by Capital Market - Live
Net profit of Aarti Industries rose 95.71% to Rs 137.00 crore in the quarter ended June 2024 as against Rs 70.00 crore during the previous quarter ended June 2023. Sales rose 31.19% to Rs 1855.00 crore in the quarter ended June 2024 as against Rs 1414.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1855.001414.00 31 OPM %16.4414.14 - PBDT247.00160.00 54 PBT145.0071.00 104 NP137.0070.00 96 Powered by Capital Market - Live
Aarti Industries will hold a meeting of the Board of Directors of the Company on 9 August 2024.Powered by Capital Market - Live
F&O Stock Strategy: How to trade Aarti Industries and Hindustan Petroleum
Chemical price fluctuations force strategic shifts, say analysts
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.88%, vs industry avg of 6.16%
Increasing Market Share
Over the last 5 years, market share increased from 7.53% to 7.59%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -3.27%, vs industry avg of -1.29%