Aarti Industries Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 5:24 pm

Market Cap	14,245 Cr.
Current Price	393
High / Low	770/364
Stock P/E	39.0
Book Value	150
Dividend Yield	0.26 %
ROCE	7.47 %
ROE	8.22 %
Face Value	5.00
PEG Ratio	-5.14

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aarti Industries Ltd

Competitors of Aarti Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
HP Adhesives Ltd	430 Cr.	46.7	115/42.6	22.2	19.2	0.64 %	17.7 %	12.6 %	2.00
Haryana Leather Chemicals Ltd	35.8 Cr.	72.9	124/56.8	8.69	87.2	1.37 %	8.96 %	7.25 %	10.0
Hardcastle & Waud Mfg Co Ltd	48.2 Cr.	708	1,355/563	27.5	663	0.00 %	7.00 %	5.98 %	10.0
Grauer & Weil (India) Ltd	4,017 Cr.	88.6	120/72.2	25.0	19.2	0.56 %	26.1 %	19.6 %	1.00
DMCC Speciality Chemicals Ltd	738 Cr.	293	453/245	35.4	85.4	0.34 %	7.55 %	2.89 %	10.0
Industry Average	11,428.58 Cr	696.89		46.14	173.82	0.40%	13.99%	10.73%	6.44

All Competitor Stocks of Aarti Industries Ltd

Quarterly Result

Metric	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	1,317	1,256	2,076	1,756	1,610	1,685	1,668	1,656	1,414	1,454	1,732	1,773	1,855
Expenses	1,003	1,001	1,186	1,417	1,326	1,418	1,379	1,403	1,214	1,221	1,473	1,490	1,550
Operating Profit	314	255	890	339	284	267	289	253	200	233	259	283	305
OPM %	24%	20%	43%	19%	18%	16%	17%	15%	14%	16%	15%	16%	16%
Other Income	0	1	0	0	0	0	0	0	0	0	8	0	6
Interest	38	14	24	31	45	44	47	33	40	58	54	59	64
Depreciation	69	57	57	77	72	73	82	84	89	93	97	98	102
Profit before tax	207	184	809	231	167	150	160	136	71	82	116	126	145
Tax %	20%	18%	10%	16%	19%	17%	15%	-10%	1%	-11%	-7%	-5%	6%
Net Profit	165	150	725	194	136	124	137	149	70	91	124	132	137
EPS in Rs	4.55	4.14	20.01	5.34	3.75	3.42	3.77	4.11	1.93	2.51	3.42	3.64	3.78

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for Aarti Industries Ltd based on the most recent figures (Jun 2024) and their trends compared to the previous period:

For Sales, as of Jun 2024, the value is ₹1,855.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,773.00 Cr. (Mar 2024) to ₹1,855.00 Cr., marking an increase of ₹82.00 Cr..
For Expenses, as of Jun 2024, the value is ₹1,550.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,490.00 Cr. (Mar 2024) to ₹1,550.00 Cr., marking an increase of ₹60.00 Cr..
For Operating Profit, as of Jun 2024, the value is ₹305.00 Cr.. The value appears strong and on an upward trend. It has increased from 283.00 Cr. (Mar 2024) to ₹305.00 Cr., marking an increase of ₹22.00 Cr..
For OPM %, as of Jun 2024, the value is 16.00%. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 16.00%.
For Other Income, as of Jun 2024, the value is ₹6.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to ₹6.00 Cr., marking an increase of ₹6.00 Cr..
For Interest, as of Jun 2024, the value is ₹64.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 59.00 Cr. (Mar 2024) to ₹64.00 Cr., marking an increase of ₹5.00 Cr..
For Depreciation, as of Jun 2024, the value is ₹102.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 98.00 Cr. (Mar 2024) to ₹102.00 Cr., marking an increase of ₹4.00 Cr..
For Profit before tax, as of Jun 2024, the value is ₹145.00 Cr.. The value appears strong and on an upward trend. It has increased from 126.00 Cr. (Mar 2024) to ₹145.00 Cr., marking an increase of ₹19.00 Cr..
For Tax %, as of Jun 2024, the value is 6.00%. The value appears to be increasing, which may not be favorable. It has increased from -5.00% (Mar 2024) to 6.00%, marking an increase of 11.00%.
For Net Profit, as of Jun 2024, the value is ₹137.00 Cr.. The value appears strong and on an upward trend. It has increased from 132.00 Cr. (Mar 2024) to ₹137.00 Cr., marking an increase of ₹5.00 Cr..
For EPS in Rs, as of Jun 2024, the value is 3.78. The value appears strong and on an upward trend. It has increased from ₹3.64 (Mar 2024) to 3.78, marking an increase of 0.14.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:25 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	2,086	2,619	2,890	3,006	3,163	3,806	4,168	4,186	4,506	6,086	6,619	6,372	7,096
Expenses	1,725	2,217	2,424	2,434	2,509	3,106	3,202	3,209	3,525	4,365	5,530	5,391	6,080
Operating Profit	361	402	466	572	654	700	965	977	982	1,720	1,089	982	1,016
OPM %	17%	15%	16%	19%	21%	18%	23%	23%	22%	28%	16%	15%	14%
Other Income	4	11	9	6	2	7	2	9	1	1	1	3	18
Interest	95	118	138	117	117	132	183	125	86	102	168	211	270
Depreciation	83	89	82	98	123	146	163	185	231	246	310	378	419
Profit before tax	187	206	255	363	416	429	622	676	665	1,372	611	395	345
Tax %	29%	26%	24%	26%	21%	19%	19%	19%	19%	14%	11%	-5%
Net Profit	135	163	208	268	328	346	504	547	535	1,186	545	416	367
EPS in Rs	4.25	4.58	5.81	7.71	9.62	10.24	14.18	15.39	15.02	32.71	15.04	11.49	10.12
Dividend Payout %	24%	25%	24%	28%	3%	2%	19%	11%	10%	11%	17%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	20.74%	27.61%	28.85%	22.39%	5.49%	45.66%	8.53%	-2.19%	121.68%	-54.05%	-23.67%
Change in YoY Net Profit Growth (%)	0.00%	6.87%	1.24%	-6.46%	-16.90%	40.18%	-37.13%	-10.73%	123.88%	-175.73%	30.38%

Aarti Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	9%
3 Years:	12%
TTM:	13%

Compounded Profit Growth
10 Years:	10%
5 Years:	-3%
3 Years:	-7%
TTM:	-16%

Stock Price CAGR
10 Years:	18%
5 Years:	0%
3 Years:	-21%
1 Year:	-37%

Return on Equity
10 Years:	18%
5 Years:	16%
3 Years:	16%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:47 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	40	44	44	42	41	41	43	87	87	181	181	181	181
Reserves	717	826	972	1,096	1,321	1,538	2,587	2,892	3,416	4,335	4,739	5,109	5,262
Borrowings	849	1,039	1,202	1,292	1,564	2,083	2,401	2,098	2,857	2,587	2,907	3,242	3,883
Other Liabilities	571	760	719	538	573	730	826	1,256	1,282	748	754	1,084	1,212
Total Liabilities	2,176	2,670	2,938	2,966	3,499	4,391	5,858	6,332	7,642	7,851	8,581	9,616	10,538
Fixed Assets	674	826	967	1,246	1,697	1,998	2,147	2,468	3,593	3,595	4,861	5,649	5,917
CWIP	69	117	193	313	270	436	795	1,418	1,298	1,346	1,096	1,229	1,393
Investments	95	117	139	41	47	47	33	37	64	28	17	23	36
Other Assets	1,338	1,609	1,639	1,366	1,486	1,910	2,884	2,409	2,688	2,882	2,607	2,714	3,192
Total Assets	2,176	2,670	2,938	2,966	3,499	4,391	5,858	6,332	7,642	7,851	8,581	9,616	10,538

Below is a detailed analysis of the balance sheet data for Aarti Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹181.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹181.00 Cr..
For Reserves, as of Sep 2024, the value is ₹5,262.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,109.00 Cr. (Mar 2024) to ₹5,262.00 Cr., marking an increase of 153.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹3,883.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹3,242.00 Cr. (Mar 2024) to ₹3,883.00 Cr., marking an increase of 641.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,212.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,084.00 Cr. (Mar 2024) to ₹1,212.00 Cr., marking an increase of 128.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹10,538.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹9,616.00 Cr. (Mar 2024) to ₹10,538.00 Cr., marking an increase of 922.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹5,917.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,649.00 Cr. (Mar 2024) to ₹5,917.00 Cr., marking an increase of 268.00 Cr..
For CWIP, as of Sep 2024, the value is ₹1,393.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,229.00 Cr. (Mar 2024) to ₹1,393.00 Cr., marking an increase of 164.00 Cr..
For Investments, as of Sep 2024, the value is ₹36.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹23.00 Cr. (Mar 2024) to ₹36.00 Cr., marking an increase of 13.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹3,192.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,714.00 Cr. (Mar 2024) to ₹3,192.00 Cr., marking an increase of 478.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹10,538.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹9,616.00 Cr. (Mar 2024) to ₹10,538.00 Cr., marking an increase of 922.00 Cr..

Notably, the Reserves (₹5,262.00 Cr.) exceed the Borrowings (3,883.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	230	315	340	574	470	335	736	1,102	873	519	1,319	1,204
Cash from Investing Activity +	-229	-291	-298	-452	-529	-610	-797	-1,124	-1,322	-1,169	-1,330	-1,310
Cash from Financing Activity +	1	-22	-23	-128	58	279	833	-535	614	412	38	35
Net Cash Flow	2	2	19	-7	-0	4	772	-557	165	-239	27	-71

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-488.00	401.00	465.00	571.00	653.00	698.00	963.00	975.00	980.00	-1.00	-1.00	979.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	75	62	55	64	61	63	68	66	64	65	52	47
Inventory Days	150	147	123	108	136	144	152	174	190	143	115	122
Days Payable	74	90	55	67	71	69	55	72	117	53	24	55
Cash Conversion Cycle	152	119	123	105	125	138	165	168	137	155	143	114
Working Capital Days	120	99	91	96	93	103	99	93	63	120	95	82
ROCE %	20%	18%	19%	20%	19%	16%	18%	15%	13%	22%	10%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	44.21%	44.21%	44.19%	44.19%	44.16%	44.15%	44.07%	43.65%	43.57%	43.54%	43.43%	43.24%
FIIs	11.86%	12.27%	12.46%	11.82%	12.11%	12.05%	12.32%	12.17%	10.58%	10.83%	10.93%	10.61%
DIIs	14.75%	14.54%	14.89%	15.07%	15.02%	14.54%	14.74%	14.83%	16.14%	15.82%	17.24%	18.55%
Government	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.03%	0.03%
Public	29.18%	28.98%	28.45%	28.91%	28.69%	29.26%	28.87%	29.33%	29.72%	29.78%	28.38%	27.58%
No. of Shareholders	2,59,574	2,82,980	2,95,763	3,40,358	3,40,769	3,76,548	3,85,751	3,97,907	4,23,140	4,18,123	3,77,953	3,49,415

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan	7,931,125	0.66	497.32	1,211,673	2025-03-11	554.56%
PGIM India Midcap Opportunities Fund	2,064,983	1.13	129.48	1,211,673	2025-03-11	70.42%
ICICI Prudential Manufacturing Fund	1,517,001	1.41	95.12	1,211,673	2025-03-11	25.2%
Nippon India Small Cap Fund	1,335,808	0.14	83.76	1,211,673	2025-03-11	10.24%
UTI Mid Cap Fund	1,316,066	0.65	82.52	1,211,673	2025-03-11	8.62%
ICICI Prudential Equity - Arbitrage Fund	1,273,000	0.33	79.82	1,211,673	2025-03-11	5.06%
ICICI Prudential India Opportunities Fund	1,211,673	0.32	75.98	1,211,673	2025-03-11	0%
PGIM India Flexi Cap Fund	1,082,312	1.03	67.87	1,211,673	2025-03-11	-10.68%
Kotak Equity Arbitrage Fund - Regular Plan	923,000	0.11	57.88	1,211,673	2025-03-11	-23.82%
Axis Small Cap Fund	785,001	0.21	49.22	1,211,673	2025-03-11	-35.21%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	11.49	15.04	32.71	30.04	30.77
Diluted EPS (Rs.)	11.49	15.04	32.71	30.04	30.77
Cash EPS (Rs.)	21.92	23.60	39.51	43.99	42.01
Book Value[Excl.RevalReserv]/Share (Rs.)	145.94	135.75	124.60	201.71	176.36
Book Value[Incl.RevalReserv]/Share (Rs.)	145.94	135.75	124.60	201.74	176.39
Revenue From Operations / Share (Rs.)	175.79	182.58	167.88	258.61	240.26
PBDIT / Share (Rs.)	27.17	30.06	47.47	56.37	56.60
PBIT / Share (Rs.)	16.74	21.50	40.67	43.10	45.97
PBT / Share (Rs.)	10.91	16.86	37.85	38.14	38.81
Net Profit / Share (Rs.)	11.49	15.04	32.71	30.72	31.38
NP After MI And SOA / Share (Rs.)	11.49	15.04	32.71	30.04	30.77
PBDIT Margin (%)	15.45	16.46	28.27	21.79	23.55
PBIT Margin (%)	9.52	11.77	24.22	16.66	19.13
PBT Margin (%)	6.20	9.23	22.54	14.74	16.15
Net Profit Margin (%)	6.53	8.23	19.48	11.87	13.06
NP After MI And SOA Margin (%)	6.53	8.23	19.48	11.61	12.80
Return on Networth / Equity (%)	7.87	11.08	26.25	14.94	17.99
Return on Capital Employeed (%)	8.62	13.44	25.93	14.32	18.13
Return On Assets (%)	4.33	6.35	15.10	6.85	8.46
Long Term Debt / Equity (X)	0.28	0.12	0.20	0.36	0.19
Total Debt / Equity (X)	0.60	0.58	0.56	0.71	0.60
Asset Turnover Ratio (%)	0.70	0.80	0.78	0.62	0.66
Current Ratio (X)	0.95	0.88	1.25	0.98	1.05
Quick Ratio (X)	0.50	0.51	0.81	0.59	0.61
Inventory Turnover Ratio (X)	3.44	3.52	2.99	2.21	2.27
Dividend Payout Ratio (NP) (%)	13.05	16.62	10.70	8.91	20.19
Dividend Payout Ratio (CP) (%)	6.84	10.59	8.85	6.18	15.00
Earning Retention Ratio (%)	86.95	83.38	89.30	91.09	79.81
Cash Earning Retention Ratio (%)	93.16	89.41	91.15	93.82	85.00
Interest Coverage Ratio (X)	4.66	6.48	16.82	11.37	7.90
Interest Coverage Ratio (Post Tax) (X)	2.97	4.24	12.59	7.20	5.38
Enterprise Value (Cr.)	27209.99	21458.77	37059.19	25031.61	14932.31
EV / Net Operating Revenue (X)	4.27	3.24	6.09	5.55	3.57
EV / EBITDA (X)	27.62	19.69	21.54	25.48	15.14
MarketCap / Net Operating Revenue (X)	3.79	2.84	5.70	5.09	3.17
Retention Ratios (%)	86.94	83.37	89.29	91.08	79.80
Price / BV (X)	4.57	3.82	7.68	6.55	4.46
Price / Net Operating Revenue (X)	3.79	2.84	5.70	5.09	3.17
EarningsYield	0.01	0.02	0.03	0.02	0.04

After reviewing the key financial ratios for Aarti Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 11.49. This value is within the healthy range. It has decreased from 15.04 (Mar 23) to 11.49, marking a decrease of 3.55.
For Diluted EPS (Rs.), as of Mar 24, the value is 11.49. This value is within the healthy range. It has decreased from 15.04 (Mar 23) to 11.49, marking a decrease of 3.55.
For Cash EPS (Rs.), as of Mar 24, the value is 21.92. This value is within the healthy range. It has decreased from 23.60 (Mar 23) to 21.92, marking a decrease of 1.68.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 145.94. It has increased from 135.75 (Mar 23) to 145.94, marking an increase of 10.19.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 145.94. It has increased from 135.75 (Mar 23) to 145.94, marking an increase of 10.19.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 175.79. It has decreased from 182.58 (Mar 23) to 175.79, marking a decrease of 6.79.
For PBDIT / Share (Rs.), as of Mar 24, the value is 27.17. This value is within the healthy range. It has decreased from 30.06 (Mar 23) to 27.17, marking a decrease of 2.89.
For PBIT / Share (Rs.), as of Mar 24, the value is 16.74. This value is within the healthy range. It has decreased from 21.50 (Mar 23) to 16.74, marking a decrease of 4.76.
For PBT / Share (Rs.), as of Mar 24, the value is 10.91. This value is within the healthy range. It has decreased from 16.86 (Mar 23) to 10.91, marking a decrease of 5.95.
For Net Profit / Share (Rs.), as of Mar 24, the value is 11.49. This value is within the healthy range. It has decreased from 15.04 (Mar 23) to 11.49, marking a decrease of 3.55.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 11.49. This value is within the healthy range. It has decreased from 15.04 (Mar 23) to 11.49, marking a decrease of 3.55.
For PBDIT Margin (%), as of Mar 24, the value is 15.45. This value is within the healthy range. It has decreased from 16.46 (Mar 23) to 15.45, marking a decrease of 1.01.
For PBIT Margin (%), as of Mar 24, the value is 9.52. This value is below the healthy minimum of 10. It has decreased from 11.77 (Mar 23) to 9.52, marking a decrease of 2.25.
For PBT Margin (%), as of Mar 24, the value is 6.20. This value is below the healthy minimum of 10. It has decreased from 9.23 (Mar 23) to 6.20, marking a decrease of 3.03.
For Net Profit Margin (%), as of Mar 24, the value is 6.53. This value is within the healthy range. It has decreased from 8.23 (Mar 23) to 6.53, marking a decrease of 1.70.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.53. This value is below the healthy minimum of 8. It has decreased from 8.23 (Mar 23) to 6.53, marking a decrease of 1.70.
For Return on Networth / Equity (%), as of Mar 24, the value is 7.87. This value is below the healthy minimum of 15. It has decreased from 11.08 (Mar 23) to 7.87, marking a decrease of 3.21.
For Return on Capital Employeed (%), as of Mar 24, the value is 8.62. This value is below the healthy minimum of 10. It has decreased from 13.44 (Mar 23) to 8.62, marking a decrease of 4.82.
For Return On Assets (%), as of Mar 24, the value is 4.33. This value is below the healthy minimum of 5. It has decreased from 6.35 (Mar 23) to 4.33, marking a decrease of 2.02.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.28. This value is within the healthy range. It has increased from 0.12 (Mar 23) to 0.28, marking an increase of 0.16.
For Total Debt / Equity (X), as of Mar 24, the value is 0.60. This value is within the healthy range. It has increased from 0.58 (Mar 23) to 0.60, marking an increase of 0.02.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.70. It has decreased from 0.80 (Mar 23) to 0.70, marking a decrease of 0.10.
For Current Ratio (X), as of Mar 24, the value is 0.95. This value is below the healthy minimum of 1.5. It has increased from 0.88 (Mar 23) to 0.95, marking an increase of 0.07.
For Quick Ratio (X), as of Mar 24, the value is 0.50. This value is below the healthy minimum of 1. It has decreased from 0.51 (Mar 23) to 0.50, marking a decrease of 0.01.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.44. This value is below the healthy minimum of 4. It has decreased from 3.52 (Mar 23) to 3.44, marking a decrease of 0.08.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 13.05. This value is below the healthy minimum of 20. It has decreased from 16.62 (Mar 23) to 13.05, marking a decrease of 3.57.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 6.84. This value is below the healthy minimum of 20. It has decreased from 10.59 (Mar 23) to 6.84, marking a decrease of 3.75.
For Earning Retention Ratio (%), as of Mar 24, the value is 86.95. This value exceeds the healthy maximum of 70. It has increased from 83.38 (Mar 23) to 86.95, marking an increase of 3.57.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 93.16. This value exceeds the healthy maximum of 70. It has increased from 89.41 (Mar 23) to 93.16, marking an increase of 3.75.
For Interest Coverage Ratio (X), as of Mar 24, the value is 4.66. This value is within the healthy range. It has decreased from 6.48 (Mar 23) to 4.66, marking a decrease of 1.82.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.97. This value is below the healthy minimum of 3. It has decreased from 4.24 (Mar 23) to 2.97, marking a decrease of 1.27.
For Enterprise Value (Cr.), as of Mar 24, the value is 27,209.99. It has increased from 21,458.77 (Mar 23) to 27,209.99, marking an increase of 5,751.22.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.27. This value exceeds the healthy maximum of 3. It has increased from 3.24 (Mar 23) to 4.27, marking an increase of 1.03.
For EV / EBITDA (X), as of Mar 24, the value is 27.62. This value exceeds the healthy maximum of 15. It has increased from 19.69 (Mar 23) to 27.62, marking an increase of 7.93.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.79. This value exceeds the healthy maximum of 3. It has increased from 2.84 (Mar 23) to 3.79, marking an increase of 0.95.
For Retention Ratios (%), as of Mar 24, the value is 86.94. This value exceeds the healthy maximum of 70. It has increased from 83.37 (Mar 23) to 86.94, marking an increase of 3.57.
For Price / BV (X), as of Mar 24, the value is 4.57. This value exceeds the healthy maximum of 3. It has increased from 3.82 (Mar 23) to 4.57, marking an increase of 0.75.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.79. This value exceeds the healthy maximum of 3. It has increased from 2.84 (Mar 23) to 3.79, marking an increase of 0.95.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Aarti Industries Ltd as of March 13, 2025 is: ₹385.70

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 13, 2025, Aarti Industries Ltd is Overvalued by 1.86% compared to the current share price 393.00

Intrinsic Value of Aarti Industries Ltd as of March 13, 2025 is: 356.41

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 13, 2025, Aarti Industries Ltd is Overvalued by 9.31% compared to the current share price 393.00

Last 5 Year EPS CAGR: -7.59%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.42%, which is a positive sign. The company has higher reserves (2,677.69 cr) compared to borrowings (2,154.15 cr), indicating strong financial stability. The company has shown consistent growth in sales (4.00 cr) and profit (397.77 cr) over the years.	The stock has a high average Working Capital Days of 96.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 137.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aarti Industries Ltd:
1. Net Profit Margin: 6.53%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.62% (Industry Average ROCE: 13.99%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 7.87% (Industry Average ROE: 10.73%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.97
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.5
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 39 (Industry average Stock P/E: 46.14)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.6
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Aarti Industries Ltd?

The latest intrinsic value of Aarti Industries Ltd as on 13 March 2025 is ₹385.70, which is 1.86% lower than the current market price of ₹393.00, indicating the stock is overvalued by 1.86%. The intrinsic value of Aarti Industries Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹14,245 Cr. and recorded a high/low of ₹770/364 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹5,262 Cr and total liabilities of ₹10,538 Cr.

What is the Market Cap of Aarti Industries Ltd?

The Market Cap of Aarti Industries Ltd is 14,245 Cr..

What is the current Stock Price of Aarti Industries Ltd as on 13 March 2025?

The current stock price of Aarti Industries Ltd as on 13 March 2025 is ₹393.

What is the High / Low of Aarti Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Aarti Industries Ltd stocks is ₹770/364.

What is the Stock P/E of Aarti Industries Ltd?

The Stock P/E of Aarti Industries Ltd is 39.0.

What is the Book Value of Aarti Industries Ltd?

The Book Value of Aarti Industries Ltd is 150.

What is the Dividend Yield of Aarti Industries Ltd?

The Dividend Yield of Aarti Industries Ltd is 0.26 %.

What is the ROCE of Aarti Industries Ltd?

The ROCE of Aarti Industries Ltd is 7.47 %.

What is the ROE of Aarti Industries Ltd?

The ROE of Aarti Industries Ltd is 8.22 %.

What is the Face Value of Aarti Industries Ltd?

The Face Value of Aarti Industries Ltd is 5.00.