Aries Agro Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Aries Agro Ltd and is it undervalued?

As of 26 April 2026, Aries Agro Ltd's intrinsic value is 383.29, which is 3.59% higher than the current market price of 370.00, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (12.3 %), book value (246), dividend yield (0.32 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Aries Agro Ltd?

Aries Agro Ltd is trading at 370.00 as of 26 April 2026, with a FY2026-2027 high of 460 and low of 267. The stock is currently in the middle of its 52-week range. Market cap stands at 481 Cr..

Q: Is Aries Agro Ltd financially healthy?

Key indicators: ROCE of 18.4 % indicates efficient capital utilization. Dividend yield is 0.32 %.

Q: Is Aries Agro Ltd profitable and how is the profit trend?

Aries Agro Ltd reported a net profit of 33 Cr in Mar 2025 on revenue of 622 Cr. Compared to 12 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹267.12Overvalued by 27.81%vs CMP ₹370.00

P/E (11.0) × ROE (12.3%) × BV (₹246.00) × DY (0.32%)

₹383.29Fairly Valued by 3.59%vs CMP ₹370.00

MoS: +3.5% (Thin)Confidence: 43/100 (Low)Models: 4 Under, 2 Fair, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹338.75	23%	Fair (-8.4%)
Graham Number	Earnings	₹430.74	17%	Under (+16.4%)
Earnings Power	Earnings	₹77.74	11%	Over (-79%)
DCF	Cash Flow	₹759.98	11%	Under (+105.4%)
Net Asset Value	Assets	₹246.15	7%	Over (-33.5%)
EV/EBITDA	Enterprise	₹422.31	9%	Under (+14.1%)
Earnings Yield	Earnings	₹335.20	7%	Fair (-9.4%)
ROCE Capital	Returns	₹519.47	9%	Under (+40.4%)
Revenue Multiple	Revenue	₹239.23	6%	Over (-35.3%)
Consensus (9 models)		₹383.29	100%	Fairly Valued

Key Drivers: EPS CAGR 26.8% lifts DCF — verify sustainability. | Wide model spread (₹78–₹760) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 26.8%

*Investments are subject to market risks

Analyst Summary

Aries Agro Ltd operates in the Fertilisers segment, NSE: ARIES | BSE: 532935, current market price is ₹370.00, market cap is 481 Cr.. At a glance, stock P/E is 11.0, ROE is 12.3 %, ROCE is 18.4 %, book value is 246, dividend yield is 0.32 %. The latest intrinsic value estimate is ₹383.29, which is broadly in line with the current market price. On operating trend, latest reported sales are about ₹622 Cr versus the prior period change of 20.5%, while latest net profit is about ₹33 Cr with a prior-period change of 83.3%. The 52-week range shown on this page is 460/267, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisAries 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 L99999…

This summary is generated from the stock page data available for Aries Agro Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Aries Agro Ltd scores 67/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health72/100 · Strong

ROCE 18.4% GoodROE 12.3% GoodD/E 0.60 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 52.7% Stable

Earnings Quality50/100 · Moderate

OPM stable around 11% Steady

Quarterly Momentum80/100 · Strong

Revenue (4Q): +14% YoY GrowingProfit (4Q): +32% YoY Strong

Industry Rank80/100 · Strong

P/E 11.0 vs industry 216.7 Cheaper than peersROCE 18.4% vs industry 13.3% Above peers3Y sales CAGR: 13% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 10:20 pm

Market Cap	481 Cr.
Current Price	370
Intrinsic Value	₹383.29
High / Low	460/267
Stock P/E	11.0
Book Value	246
Dividend Yield	0.32 %
ROCE	18.4 %
ROE	12.3 %
Face Value	10.0
PEG Ratio	0.41

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 ⇩
Aries Agro Ltd	481 Cr.	370	460/267	11.0	246	0.32 %	18.4 %	12.3 %	10.0
Nagarjuna Fertilizers & Chemicals Ltd	239 Cr.	4.00	6.54/3.12		15.7	0.00 %	%	%	1.00
Sikko Industries Ltd	201 Cr.	4.61	6.83/3.20	32.4	1.98	0.00 %	10.7 %	7.76 %	1.00
Bharat Agri Fert & Realty Ltd	151 Cr.	28.6	48.0/20.0		9.97	0.00 %	6.14 %	14.8 %	1.00
Basant Agro Tech (India) Ltd	103 Cr.	11.3	17.9/9.20	17.4	20.0	0.44 %	6.52 %	2.36 %	1.00
Industry Average	10,123.76 Cr	378.84		216.68	187.01	1.04%	13.34%	11.97%	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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 9:50 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	696
Expenses	221	223	216	210	245	222	254	325	386	424	461	554	606
Operating Profit	58	55	46	42	46	44	42	57	47	48	55	68	90
OPM %	21%	20%	18%	17%	16%	16%	14%	15%	11%	10%	11%	11%	13%
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	17
Depreciation	9	10	11	7	2	2	5	6	6	8	8	9	11
Profit before tax	25	22	12	12	17	16	16	25	20	25	28	44	62
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	43
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	33.52
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

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	32	32	20	47	4	36	46	42	63	39	46	74
CFO/OP	65%	80%	81%	128%	46%	120%	155%	111%	162%	126%	155%	170%

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

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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 and is it undervalued?

As of 26 April 2026, Aries Agro Ltd's intrinsic value is ₹383.29, which is 3.59% higher than the current market price of ₹370.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (12.3 %), book value (₹246), dividend yield (0.32 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Aries Agro Ltd?

Aries Agro Ltd is trading at ₹370.00 as of 26 April 2026, with a FY2026-2027 high of ₹460 and low of ₹267. The stock is currently in the middle of its 52-week range. Market cap stands at ₹481 Cr..

How does Aries Agro Ltd's P/E ratio compare to its industry?

Aries Agro Ltd has a P/E ratio of 11.0, which is below the industry average of 216.68. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Aries Agro Ltd financially healthy?

Key indicators for Aries Agro Ltd: ROCE of 18.4 % indicates efficient capital utilization. Dividend yield is 0.32 %.

Is Aries Agro Ltd profitable and how is the profit trend?

Aries Agro Ltd reported a net profit of ₹33 Cr in Mar 2025 on revenue of ₹622 Cr. Compared to ₹12 Cr in Mar 2022, the net profit shows an improving trend.

Does Aries Agro Ltd pay dividends?

Aries Agro Ltd has a dividend yield of 0.32 % at the current price of ₹370.00. The company pays dividends, though the yield is modest.