Aarti Industries Ltd

However, revenue from operations (gross) increased 7.73% year on year (YoY) to Rs 2,035 crore in the third quarter of FY25. Profit before tax stood at Rs 40 crore, down 65.81% from Rs 117 crore recorded in the same quarter last year. EBITDA grew by 16.83% to Rs 236 crore in Q3 FY25, compared to Rs 202 crore in Q3 FY24, driven by volume growth, operating leverage, and improvements in product mix. Non-Energy Business volumes jumped 14% YoY. The company said that volume uptick is visible across end applications of dyes, pigments, and polymer additives, while agrochemicals continue to remain soft. Energy business volumes declined by 14% YoY. The company stated that a large volume bulk shipment was moved in early January. On a nine-month basis, the company's net profit fell 17.54% to Rs 240 crore in 9M FY25, down from Rs 286 crore in 9M FY24. Revenue from operations stood at Rs 5,833 crore in 9M FY25, up 15.35% YoY. On the outlook front, for FY25, the firm anticipates consistent volume growth over 3 years, driven by increased capacities. Operating leverages and cost optimization 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/equity ratio of less than 2.5x and ROCE exceeding 15%. Aarti Industries is engaged in manufacturing and dealing in specialty chemicals and pharmaceuticals.Powered by Capital Market - Live

Earnings today: Power Grid Corporation of India, Divis Laboratories, Alembic Pharmaceuticals, Aditya Birla Capital, Barbeque-Nation Hospitality, Bombay Dyeing, Castrol India, DOMS Industries, Gateway Distriparks, General Insurance Corporation of India, Gland Pharma, Garden Reach Shipbuilders & Engineers, HFCL, KEC International, NLC India, Paradeep Phosphates, Poly Medicure, Premier Energies, ShalbyTata Chemicals, Vishnu Prakash R Punglia, and Welspun Enterprises will declare their quarterly results later today. Stocks to Watch: Auto stocks to watch as companies set to release their monthly sales figures. Aarti Industries' consolidated net profit declined 62.9% to Rs 46 crore in Q3 FY25 as compared with Rs 124 crore in Q3 FY24. Revenue from operations increased 6.2% YoY to Rs 1,940 crore in Q3 FY25. Ganesha Ecoshpere's consolidated net profit surged to Rs 29.71 crore during the quarter as compared with Rs 12.73 crore in Q3 FY24. Revenue from operations jumped 23.7% YoY to Rs 397.80 crore during the quarter. Neogen Chemicals' consolidated net profit soared to Rs 10.01 crore during the quarter as compared with Rs 1.06 crore posted in corresponding quarter last year. Net sales jumped 22.5% YoY to Rs 201.43 crore during the quarter. Hero Motocorp's total sales increased 2.1% to 4,42,873 units in January 2025 as against 4,33,598 units sold in January 2024. Eicher Motors' reported 20% jump in total motorcycle sales to 91,132 units in January 2025 against 76,187 units sold in January 2024.Powered by Capital Market - Live

Net profit of Aarti Industries declined 62.90% to Rs 46.00 crore in the quarter ended December 2024 as against Rs 124.00 crore during the previous quarter ended December 2023. Sales rose 6.24% to Rs 1840.00 crore in the quarter ended December 2024 as against Rs 1732.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1840.001732.00 6 OPM %12.5514.95 - PBDT151.00213.00 -29 PBT40.00116.00 -66 NP46.00124.00 -63 Powered by Capital Market - Live

Aarti Industries has entered into a 'Share Purchase Agreement' with 'Clean Max Enviro Energy Solutions' and 'Clean Max Indus'. This transaction entails acquisition of 49% Equity Shares / Voting Rights by the Company in 'Clean Max Indus' - a SPV formed to set up a 16.50 MW Wind - Solar hybrid power project to cater the Company's power requirement. This is in line with the Company's commitment towards procuring power through renewable resources. The delivery of renewable power is expected to start by / before H1/FY26-27. This will support the Company in reducing its power costs. Powered by Capital Market - Live

Re Sustainability and Recycling (ReSRL), a Re Sustainability Company (ReSL), and Aarti Circularity (ACL), a wholly owned subsidiary of Aarti Industries (AIL) a prominent player in speciality chemicals, have joined hands to establish a transformative first of its kind in India Joint Venture Company (JV Co) for driving the development of Plastic Materials Recycling Facilities (PMRFs) across India, aiming to revolutionise plastic resource recovery and sustainable resource management practices. The PMRFs will focus on segregating, extracting and recycling resources from diverse waste streams, including plastics, to produce Advanced Circular Materials (ACM) that can be utilised as raw materials, fuels or recycled polymer feedstock. The partnership is committed to achieving a minimum resource recovery capacity of approx. 500 tons per day indicative by 2030 and exploring various feedstocks, including those from ReSL's core operations, to maximise material and energy circularity. The first Plastic Materials Recycling Facility under this partnership will be established in Hyderabad, Telangana, and will pave the way for advanced recycling infrastructure in the region. It will also mark a significant milestone in India's journey toward sustainable waste management. This strategic partnership underscores a shared commitment to sustainability and technology innovation. The JVCo will evaluate and engage leading technology partners to develop and operate state-of-the-art PMRFs, setting new benchmarks in India's recycling and waste management sectors. Powered by Capital Market - Live

Aarti Industries will hold a meeting of the Board of Directors of the Company on 1 February 2025.Powered by Capital Market - Live

Aarti Industries has allotted 660 equity shares under ESOP on 19 December 2024. Post this allotment, the paid-up Equity Share capital of the Company stand increased from Rs. 1,81,25,96,250/- divided into 36,25,19,250 equity shares of Rs. 5/- each to Rs 1,81,25,99,550/- divided into 36,25,19,910 equity shares of Rs. 5/- each. Powered by Capital Market - Live

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