Aries Agro Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 21, 2026, 11:53 am

Market Cap	447 Cr.
Current Price	344
Intrinsic Value	₹308.57
High / Low	460/216
Stock P/E	10.3
Book Value	246
Dividend Yield	0.35 %
ROCE	18.4 %
ROE	12.3 %
Face Value	10.0
PEG Ratio	0.44

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aries Agro Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat State Fertilizers & Chemicals Ltd	6,853 Cr.	172	221/156	9.90	313	2.91 %	6.18 %	4.77 %	2.00
Bharat Agri Fert & Realty Ltd	132 Cr.	25.0	51.0/23.0		9.97	0.00 %	6.14 %	14.8 %	1.00
Basant Agro Tech (India) Ltd	101 Cr.	11.1	17.9/9.27	17.1	20.0	0.45 %	6.52 %	2.36 %	1.00
Zuari Agro Chemicals Ltd	970 Cr.	231	395/155	2.92	602	0.00 %	12.7 %	9.06 %	10.0
Southern Petrochemicals Industries Corporation Ltd (SPIC)	1,438 Cr.	70.6	128/68.5	7.14	63.8	2.83 %	16.9 %	13.8 %	10.0
Industry Average	10,060.57 Cr	369.65		193.85	185.72	1.03%	13.03%	10.58%	6.96

All Competitor Stocks of Aries Agro Ltd

Quarterly Result

Metric	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	138	133	93	107	158	147	107	135	194	170	128	161	204
Expenses	113	118	93	95	129	130	108	120	159	149	127	139	166
Operating Profit	24	15	-0	13	29	17	-1	15	34	22	1	22	38
OPM %	18%	11%	-0%	12%	19%	12%	-1%	11%	18%	13%	1%	14%	19%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest	7	6	5	4	9	4	5	3	8	5	3	5	8
Depreciation	2	2	3	2	2	2	2	2	2	2	3	2	3
Profit before tax	16	7	-8	7	18	11	-8	11	24	15	-5	14	28
Tax %	17%	28%	18%	36%	31%	32%	-23%	32%	22%	22%	-20%	31%	29%
Net Profit	14	5	-10	5	12	8	-6	7	19	11	-4	10	20
EPS in Rs	11.05	3.94	-7.21	3.65	9.60	6.01	-4.32	5.59	14.51	8.90	-2.84	7.71	15.39

Last Updated: January 2, 2026, 11:30 am

Below is a detailed analysis of the quarterly data for Aries Agro Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Sales, as of Sep 2025, the value is 204.00 Cr.. The value appears strong and on an upward trend. It has increased from 161.00 Cr. (Jun 2025) to 204.00 Cr., marking an increase of 43.00 Cr..
For Expenses, as of Sep 2025, the value is 166.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 139.00 Cr. (Jun 2025) to 166.00 Cr., marking an increase of 27.00 Cr..
For Operating Profit, as of Sep 2025, the value is 38.00 Cr.. The value appears strong and on an upward trend. It has increased from 22.00 Cr. (Jun 2025) to 38.00 Cr., marking an increase of 16.00 Cr..
For OPM %, as of Sep 2025, the value is 19.00%. The value appears strong and on an upward trend. It has increased from 14.00% (Jun 2025) to 19.00%, marking an increase of 5.00%.
For Other Income, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.00 Cr..
For Interest, as of Sep 2025, the value is 8.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Jun 2025) to 8.00 Cr., marking an increase of 3.00 Cr..
For Depreciation, as of Sep 2025, the value is 3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Jun 2025) to 3.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Sep 2025, the value is 28.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Jun 2025) to 28.00 Cr., marking an increase of 14.00 Cr..
For Tax %, as of Sep 2025, the value is 29.00%. The value appears to be improving (decreasing) as expected. It has decreased from 31.00% (Jun 2025) to 29.00%, marking a decrease of 2.00%.
For Net Profit, as of Sep 2025, the value is 20.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Jun 2025) to 20.00 Cr., marking an increase of 10.00 Cr..
For EPS in Rs, as of Sep 2025, the value is 15.39. The value appears strong and on an upward trend. It has increased from 7.71 (Jun 2025) to 15.39, marking an increase of 7.68.

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: December 15, 2025, 5:38 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	279	278	263	253	291	265	296	381	432	472	516	622	664
Expenses	221	223	216	210	245	222	254	325	386	424	461	554	581
Operating Profit	58	55	46	42	46	44	42	57	47	48	55	68	83
OPM %	21%	20%	18%	17%	16%	16%	14%	15%	11%	10%	11%	11%	12%
Other Income	1	1	1	-0	2	3	5	0	4	9	3	5	0
Interest	25	24	25	23	29	29	26	26	24	23	22	19	20
Depreciation	9	10	11	7	2	2	5	6	6	8	8	9	10
Profit before tax	25	22	12	12	17	16	16	25	20	25	28	44	52
Tax %	26%	13%	33%	54%	46%	50%	46%	30%	36%	37%	35%	25%
Net Profit	19	19	8	5	9	8	8	16	12	16	18	33	37
EPS in Rs	12.50	12.96	5.56	5.43	8.06	7.60	7.49	13.81	10.22	13.17	14.94	26.16	29.16
Dividend Payout %	16%	15%	27%	37%	29%	24%	7%	6%	8%	8%	7%	5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	-57.89%	-37.50%	80.00%	-11.11%	0.00%	100.00%	-25.00%	33.33%	12.50%	83.33%
Change in YoY Net Profit Growth (%)	0.00%	-57.89%	20.39%	117.50%	-91.11%	11.11%	100.00%	-125.00%	58.33%	-20.83%	70.83%

Aries Agro Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	16%
3 Years:	13%
TTM:	19%

Compounded Profit Growth
10 Years:	7%
5 Years:	25%
3 Years:	36%
TTM:	68%

Stock Price CAGR
10 Years:	16%
5 Years:	40%
3 Years:	45%
1 Year:	44%

Return on Equity
10 Years:	7%
5 Years:	9%
3 Years:	9%
Last Year:	12%

Last Updated: September 4, 2025, 11:30 pm

Balance Sheet

Last Updated: December 10, 2025, 2:23 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	13	13	13	13	13	13	13	13	13	13	13	13	13
Reserves	164	165	159	162	170	176	181	198	211	230	247	277	307
Borrowings	178	167	167	137	171	172	150	143	112	100	74	49	67
Other Liabilities	93	99	109	137	123	133	143	148	173	177	184	243	272
Total Liabilities	448	444	448	450	477	494	487	501	509	520	518	581	658
Fixed Assets	100	87	87	71	88	95	48	55	68	75	96	110	114
CWIP	11	9	16	22	14	15	12	13	0	0	2	10	21
Investments	2	2	2	0	0	0	59	57	57	62	63	67	106
Other Assets	335	345	342	357	376	384	368	376	384	382	357	395	417
Total Assets	448	444	448	450	477	494	487	501	509	520	518	581	658

Below is a detailed analysis of the balance sheet data for Aries Agro Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 13.00 Cr..
For Reserves, as of Sep 2025, the value is 307.00 Cr.. The value appears strong and on an upward trend. It has increased from 277.00 Cr. (Mar 2025) to 307.00 Cr., marking an increase of 30.00 Cr..
For Borrowings, as of Sep 2025, the value is 67.00 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 49.00 Cr. (Mar 2025) to 67.00 Cr., marking an increase of 18.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 272.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 243.00 Cr. (Mar 2025) to 272.00 Cr., marking an increase of 29.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 658.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 581.00 Cr. (Mar 2025) to 658.00 Cr., marking an increase of 77.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 114.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Mar 2025) to 114.00 Cr., marking an increase of 4.00 Cr..
For CWIP, as of Sep 2025, the value is 21.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2025) to 21.00 Cr., marking an increase of 11.00 Cr..
For Investments, as of Sep 2025, the value is 106.00 Cr.. The value appears strong and on an upward trend. It has increased from 67.00 Cr. (Mar 2025) to 106.00 Cr., marking an increase of 39.00 Cr..
For Other Assets, as of Sep 2025, the value is 417.00 Cr.. The value appears strong and on an upward trend. It has increased from 395.00 Cr. (Mar 2025) to 417.00 Cr., marking an increase of 22.00 Cr..
For Total Assets, as of Sep 2025, the value is 658.00 Cr.. The value appears strong and on an upward trend. It has increased from 581.00 Cr. (Mar 2025) to 658.00 Cr., marking an increase of 77.00 Cr..

Notably, the Reserves (307.00 Cr.) exceed the Borrowings (67.00 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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	31	38	34	48	14	44	59	56	69	54	77	105
Cash from Investing Activity +	2	-11	-25	13	-2	-10	-41	-14	-13	-16	-26	-34
Cash from Financing Activity +	-41	-31	-9	-59	-12	-36	-21	-43	-56	-37	-50	-45
Net Cash Flow	-8	-4	-0	2	0	-2	-4	-0	0	1	1	26

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-120.00	-112.00	-121.00	-95.00	-125.00	-128.00	-108.00	-86.00	-65.00	-52.00	-19.00	19.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	173	172	164	206	228	256	143	118	100	91	80	69
Inventory Days	387	394	412	518	363	478	466	271	234	210	177	150
Days Payable	117	110	84	128	165	207	197	101	111	90	66	60
Cash Conversion Cycle	443	457	493	596	426	526	412	288	224	212	191	159
Working Capital Days	139	164	162	186	150	156	130	108	109	108	97	74
ROCE %	14%	12%	10%	10%	12%	12%	12%	14%	13%	14%	15%	18%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%	52.66%
FIIs	1.94%	1.78%	2.10%	2.38%	3.29%	3.08%	2.53%	3.38%	2.98%	4.29%	3.20%	2.91%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.26%	0.00%	0.00%
Public	45.40%	45.56%	45.23%	44.96%	44.04%	44.25%	44.81%	43.95%	44.37%	42.79%	44.13%	44.45%
No. of Shareholders	18,540	17,887	17,899	16,715	19,518	20,518	21,997	21,188	20,503	19,422	19,627	19,151

Shareholding Pattern Chart

No. of Shareholders

Aries Agro Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	26.16	14.94	13.17	10.22	13.81
Diluted EPS (Rs.)	26.16	14.94	13.17	10.22	13.81
Cash EPS (Rs.)	32.93	20.10	18.28	14.40	18.16
Book Value[Excl.RevalReserv]/Share (Rs.)	222.68	200.20	186.75	176.71	167.32
Book Value[Incl.RevalReserv]/Share (Rs.)	222.68	200.20	186.75	176.71	167.32
Revenue From Operations / Share (Rs.)	478.47	397.14	363.14	338.38	293.34
PBDIT / Share (Rs.)	55.58	44.91	43.51	38.86	43.85
PBIT / Share (Rs.)	48.40	38.96	37.48	34.41	38.89
PBT / Share (Rs.)	34.13	21.82	19.50	15.60	18.93
Net Profit / Share (Rs.)	25.75	14.15	12.25	9.95	13.20
NP After MI And SOA / Share (Rs.)	26.16	14.94	13.17	8.92	13.81
PBDIT Margin (%)	11.61	11.30	11.98	11.48	14.94
PBIT Margin (%)	10.11	9.81	10.32	10.17	13.25
PBT Margin (%)	7.13	5.49	5.37	4.60	6.45
Net Profit Margin (%)	5.38	3.56	3.37	2.94	4.50
NP After MI And SOA Margin (%)	5.46	3.76	3.62	2.63	4.70
Return on Networth / Equity (%)	11.74	7.46	7.05	5.17	8.52
Return on Capital Employeed (%)	18.17	16.61	17.27	17.34	20.94
Return On Assets (%)	5.85	3.75	3.29	2.27	3.58
Long Term Debt / Equity (X)	0.11	0.10	0.08	0.08	0.05
Total Debt / Equity (X)	0.15	0.27	0.39	0.47	0.60
Asset Turnover Ratio (%)	1.13	0.99	0.91	0.89	0.79
Current Ratio (X)	1.69	1.68	1.61	1.53	1.45
Quick Ratio (X)	1.12	1.08	1.00	0.94	0.90
Inventory Turnover Ratio (X)	4.80	1.30	1.06	1.05	1.27
Dividend Payout Ratio (NP) (%)	3.81	6.69	6.07	0.00	0.00
Dividend Payout Ratio (CP) (%)	2.99	4.79	4.16	0.00	0.00
Earning Retention Ratio (%)	96.19	93.31	93.93	0.00	0.00
Cash Earning Retention Ratio (%)	97.01	95.21	95.84	0.00	0.00
Interest Coverage Ratio (X)	3.89	2.62	2.42	2.06	2.20
Interest Coverage Ratio (Post Tax) (X)	2.80	1.83	1.68	1.53	1.66
Enterprise Value (Cr.)	344.19	383.27	287.52	286.01	231.26
EV / Net Operating Revenue (X)	0.55	0.74	0.60	0.64	0.60
EV / EBITDA (X)	4.76	6.56	5.08	5.66	4.06
MarketCap / Net Operating Revenue (X)	0.52	0.60	0.40	0.40	0.26
Retention Ratios (%)	96.18	93.30	93.92	0.00	0.00
Price / BV (X)	1.14	1.21	0.79	0.79	0.47
Price / Net Operating Revenue (X)	0.52	0.60	0.40	0.40	0.26
EarningsYield	0.10	0.06	0.08	0.06	0.17

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

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 26.16. This value is within the healthy range. It has increased from 14.94 (Mar 24) to 26.16, marking an increase of 11.22.
For Diluted EPS (Rs.), as of Mar 25, the value is 26.16. This value is within the healthy range. It has increased from 14.94 (Mar 24) to 26.16, marking an increase of 11.22.
For Cash EPS (Rs.), as of Mar 25, the value is 32.93. This value is within the healthy range. It has increased from 20.10 (Mar 24) to 32.93, marking an increase of 12.83.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 222.68. It has increased from 200.20 (Mar 24) to 222.68, marking an increase of 22.48.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 222.68. It has increased from 200.20 (Mar 24) to 222.68, marking an increase of 22.48.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 478.47. It has increased from 397.14 (Mar 24) to 478.47, marking an increase of 81.33.
For PBDIT / Share (Rs.), as of Mar 25, the value is 55.58. This value is within the healthy range. It has increased from 44.91 (Mar 24) to 55.58, marking an increase of 10.67.
For PBIT / Share (Rs.), as of Mar 25, the value is 48.40. This value is within the healthy range. It has increased from 38.96 (Mar 24) to 48.40, marking an increase of 9.44.
For PBT / Share (Rs.), as of Mar 25, the value is 34.13. This value is within the healthy range. It has increased from 21.82 (Mar 24) to 34.13, marking an increase of 12.31.
For Net Profit / Share (Rs.), as of Mar 25, the value is 25.75. This value is within the healthy range. It has increased from 14.15 (Mar 24) to 25.75, marking an increase of 11.60.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 26.16. This value is within the healthy range. It has increased from 14.94 (Mar 24) to 26.16, marking an increase of 11.22.
For PBDIT Margin (%), as of Mar 25, the value is 11.61. This value is within the healthy range. It has increased from 11.30 (Mar 24) to 11.61, marking an increase of 0.31.
For PBIT Margin (%), as of Mar 25, the value is 10.11. This value is within the healthy range. It has increased from 9.81 (Mar 24) to 10.11, marking an increase of 0.30.
For PBT Margin (%), as of Mar 25, the value is 7.13. This value is below the healthy minimum of 10. It has increased from 5.49 (Mar 24) to 7.13, marking an increase of 1.64.
For Net Profit Margin (%), as of Mar 25, the value is 5.38. This value is within the healthy range. It has increased from 3.56 (Mar 24) to 5.38, marking an increase of 1.82.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.46. This value is below the healthy minimum of 8. It has increased from 3.76 (Mar 24) to 5.46, marking an increase of 1.70.
For Return on Networth / Equity (%), as of Mar 25, the value is 11.74. This value is below the healthy minimum of 15. It has increased from 7.46 (Mar 24) to 11.74, marking an increase of 4.28.
For Return on Capital Employeed (%), as of Mar 25, the value is 18.17. This value is within the healthy range. It has increased from 16.61 (Mar 24) to 18.17, marking an increase of 1.56.
For Return On Assets (%), as of Mar 25, the value is 5.85. This value is within the healthy range. It has increased from 3.75 (Mar 24) to 5.85, marking an increase of 2.10.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.11. This value is below the healthy minimum of 0.2. It has increased from 0.10 (Mar 24) to 0.11, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.15. This value is within the healthy range. It has decreased from 0.27 (Mar 24) to 0.15, marking a decrease of 0.12.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.13. It has increased from 0.99 (Mar 24) to 1.13, marking an increase of 0.14.
For Current Ratio (X), as of Mar 25, the value is 1.69. This value is within the healthy range. It has increased from 1.68 (Mar 24) to 1.69, marking an increase of 0.01.
For Quick Ratio (X), as of Mar 25, the value is 1.12. This value is within the healthy range. It has increased from 1.08 (Mar 24) to 1.12, marking an increase of 0.04.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.80. This value is within the healthy range. It has increased from 1.30 (Mar 24) to 4.80, marking an increase of 3.50.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 3.81. This value is below the healthy minimum of 20. It has decreased from 6.69 (Mar 24) to 3.81, marking a decrease of 2.88.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 2.99. This value is below the healthy minimum of 20. It has decreased from 4.79 (Mar 24) to 2.99, marking a decrease of 1.80.
For Earning Retention Ratio (%), as of Mar 25, the value is 96.19. This value exceeds the healthy maximum of 70. It has increased from 93.31 (Mar 24) to 96.19, marking an increase of 2.88.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 97.01. This value exceeds the healthy maximum of 70. It has increased from 95.21 (Mar 24) to 97.01, marking an increase of 1.80.
For Interest Coverage Ratio (X), as of Mar 25, the value is 3.89. This value is within the healthy range. It has increased from 2.62 (Mar 24) to 3.89, marking an increase of 1.27.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.80. This value is below the healthy minimum of 3. It has increased from 1.83 (Mar 24) to 2.80, marking an increase of 0.97.
For Enterprise Value (Cr.), as of Mar 25, the value is 344.19. It has decreased from 383.27 (Mar 24) to 344.19, marking a decrease of 39.08.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.55. This value is below the healthy minimum of 1. It has decreased from 0.74 (Mar 24) to 0.55, marking a decrease of 0.19.
For EV / EBITDA (X), as of Mar 25, the value is 4.76. This value is below the healthy minimum of 5. It has decreased from 6.56 (Mar 24) to 4.76, marking a decrease of 1.80.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.52. This value is below the healthy minimum of 1. It has decreased from 0.60 (Mar 24) to 0.52, marking a decrease of 0.08.
For Retention Ratios (%), as of Mar 25, the value is 96.18. This value exceeds the healthy maximum of 70. It has increased from 93.30 (Mar 24) to 96.18, marking an increase of 2.88.
For Price / BV (X), as of Mar 25, the value is 1.14. This value is within the healthy range. It has decreased from 1.21 (Mar 24) to 1.14, marking a decrease of 0.07.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.52. This value is below the healthy minimum of 1. It has decreased from 0.60 (Mar 24) to 0.52, marking a decrease of 0.08.
For EarningsYield, as of Mar 25, the value is 0.10. This value is below the healthy minimum of 5. It has increased from 0.06 (Mar 24) to 0.10, marking an increase of 0.04.

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 Aries Agro Ltd as of February 21, 2026 is: ₹250.20

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 February 21, 2026, Aries Agro Ltd is Overvalued by 27.27% compared to the current share price ₹344.00

Intrinsic Value of Aries Agro Ltd as of February 21, 2026 is: ₹308.57

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 February 21, 2026, Aries Agro Ltd is Overvalued by 10.30% compared to the current share price ₹344.00

Last 5 Year EPS CAGR: 23.33%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (203.62 cr) compared to borrowings (129.77 cr), indicating strong financial stability. The company has shown consistent growth in sales (385.54 cr) and profit (24.15 cr) over the years.	The stock has a low average ROCE of 13.00%, which may not be favorable. The stock has a high average Working Capital Days of 131.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 368.92, 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 Aries Agro Ltd:
1. Net Profit Margin: 5.38%
  - 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: 18.17% (Industry Average ROCE: 13.03%)
  - 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%: 11.74% (Industry Average ROE: 10.58%)
  - 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): 2.8
  - 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: 1.12
  - 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: 10.3 (Industry average Stock P/E: 193.85)
  - 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: 0.15
  - 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

Aries Agro Ltd. is a Public Limited Listed company incorporated on 27/11/1969 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1969PLC014465 and registration number is 014465. Currently Company is involved in the business activities of Manufacture of other fertilizers. Company's Total Operating Revenue is Rs. 597.68 Cr. and Equity Capital is Rs. 13.00 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Fertilisers	Aries House , Mumbai Maharashtra 400043	Contact not found

Management
Name	Position Held
Dr. Rahul Mirchandani	Chairman & Managing Director
Mrs. Nitya Mirchandani	Non Exe.Non Ind.Director
Mr. Ramamurthy Sundaresan	Non Exe.Non Ind.Director
Mr. Nrupang B Dholakia	Independent Director
Mr. R V Balasubramaniam Iyer	Independent Director
Dr. Shailesh Ramesh Karnik	Independent Director

FAQ

What is the intrinsic value of Aries Agro Ltd?

Aries Agro Ltd's intrinsic value (as of 21 February 2026) is ₹308.57 which is 10.30% lower the current market price of ₹344.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹447 Cr. market cap, FY2025-2026 high/low of ₹460/216, reserves of ₹307 Cr, and liabilities of ₹658 Cr.

What is the Market Cap of Aries Agro Ltd?

The Market Cap of Aries Agro Ltd is 447 Cr..

What is the current Stock Price of Aries Agro Ltd as on 21 February 2026?

The current stock price of Aries Agro Ltd as on 21 February 2026 is ₹344.

What is the High / Low of Aries Agro Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Aries Agro Ltd stocks is ₹460/216.

What is the Stock P/E of Aries Agro Ltd?

The Stock P/E of Aries Agro Ltd is 10.3.

What is the Book Value of Aries Agro Ltd?

The Book Value of Aries Agro Ltd is 246.

What is the Dividend Yield of Aries Agro Ltd?

The Dividend Yield of Aries Agro Ltd is 0.35 %.

What is the ROCE of Aries Agro Ltd?

The ROCE of Aries Agro Ltd is 18.4 %.

What is the ROE of Aries Agro Ltd?

The ROE of Aries Agro Ltd is 12.3 %.

What is the Face Value of Aries Agro Ltd?

The Face Value of Aries Agro Ltd is 10.0.