About Aarti Industries Ltd
Data last updated: 13 July 2026
Aarti Industries Ltd is a public limited company based in Vapi, Gujarat, India. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 28 September 1984, the company has been in operation for over 42 years.
Registered with ROC Ahmedabad under CIN L24110GJ1984PLC007301. Listed on BSE: 524208 and NSE: AARTIIND.
Capital: an authorised share capital of ₹300 Cr and a paid-up capital of ₹181.36 Cr. Formerly known as Aarti Organics Pvt Ltd. It is led by directors including Hetal Gogri Gala and Rashesh Chandrakant Gogri.
Last AGM: 25 August 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No 801/23 Gidc Estatephase Iii, Vapi, Gujarat, India – 396195.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹8,286.1 Cr, a growth of 13.96% compared to the previous year. The net worth stands at ₹5,955.27 Cr (up 6.25% YoY). Total assets are valued at ₹13,300 Cr (up 19.68% YoY).
The company has a workforce of approximately 5,563 employees as per the latest available data. Its group structure includes 8 subsidiaries.
The company is associated with 1 brand - Aarti Industries. As per MCA filings, the company has open charges of ₹4,296.31 Cr and satisfied charges of ₹10,939 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aarti-industries.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressPlot No 801/23 Gidc Estatephase Iii, Vapi, Gujarat, India – 396195
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Aarti Industries Ltd
Aarti Industries Ltd operates one associated brand: Aarti Industries. These brands represent Aarti Industries Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specialty chemicals, pharmaceuticals, and surfactants are manufactured. | aarti-industries.com |
Business Activity of Aarti Industries Ltd
Aarti Industries Ltd is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Aarti Industries Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Aarti Industries Ltd
Aarti Industries Ltd is audited by Gokhale & Sathe (ICAI peer reviewed, certificate valid till 2027-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Gokhale & Sathe (ICAI peer reviewed, certificate valid till 2027-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors and KMP of Aarti Industries Ltd
Aarti Industries Ltd currently reports 13 directors and 1 key managerial person. 31 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Hetal Gogri Gala
Also directs:
Gogri Enterprises Limited Liability Partnership, Genesis Unichem Llp, Rose Peach Commercials Llp and 5 more
|
Director | 01 Nov 2006 | 19 Years 9 Months | Current |
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Rashesh Chandrakant Gogri
Also directs:
Gogri Enterprises Limited Liability Partnership, Genesis Unichem Llp, Dhanvallabh Ventures Llp and 5 more
|
Managing Director | 09 Jun 1997 | 29 Years 2 Months | Current |
| Ashok Kumar Barat | Director | 15 Sep 2024 | 1 Years 11 Months | Current |
|
Renil Rajendra Gogri
Also directs:
Abhilasha Ventures Limited Liability Partnership, Pooja Unichem Llp, Aar Em Ventures Llp and 5 more
|
Whole-Time Director | 16 Aug 2012 | 14 Years 0 Months | Current |
|
Shekhar Shreedhar Khanolkar
Also directs:
Excel Industries Limited
|
Director | 29 Jun 2023 | 3 Years 1 Months | Current |
|
Ajay Kumar Gupta
Also directs:
Aarti Bharuch Limited
|
Director | 29 Jun 2023 | 3 Years 1 Months | Current |
Financials of Aarti Industries Ltd FY 2026 filings available
Aarti Industries Ltd reported revenue of ₹8,286.1 Cr (up 13.96% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8,286.1 Cr | ₹7,271.32 Cr | ₹6,372.35 Cr | ₹6,618.58 Cr | ₹6,999.96 Cr | ₹4,506.1 Cr | ₹4,186.31 Cr |
| Other Income | ₹4.87 Cr | ₹14.12 Cr | ₹8.41 Cr | ₹86 Lakh | ₹80 Lakh | ₹70 Lakh | ₹8.84 Cr |
| Total Income | ₹8,290.97 Cr | ₹7,285.44 Cr | ₹6,380.76 Cr | ₹6,619.44 Cr | ₹7,000.76 Cr | ₹4,506.8 Cr | ₹4,195.15 Cr |
| Cost of Materials Consumed | ₹5,256.5 Cr | ₹4,381.36 Cr | ₹3,769.66 Cr | ₹3,462.04 Cr | ₹3,268.59 Cr | ₹1,937.57 Cr | ₹1,780.92 Cr |
| Purchases of Stock-in-Trade | ₹600.4 Cr | ₹219.73 Cr | ₹203.95 Cr | ₹313.94 Cr | ₹286.51 Cr | ₹244.24 Cr | ₹274.65 Cr |
| Changes in Inventories | -₹507.8 Cr | ₹54.03 Cr | -₹93.57 Cr | ₹65.71 Cr | -₹261.28 Cr | -₹53.25 Cr | ₹75 Lakh |
| Employee Benefit Expense | ₹422.14 Cr | ₹422.42 Cr | ₹403.73 Cr | ₹385.34 Cr | ₹442.08 Cr | ₹371.38 Cr | ₹305.22 Cr |
| Finance Costs | ₹339.93 Cr | ₹275.44 Cr | ₹211.47 Cr | ₹168.28 Cr | ₹114.29 Cr | ₹86.37 Cr | ₹124.78 Cr |
| Depreciation & Amortisation | ₹474.14 Cr | ₹434.27 Cr | ₹378.12 Cr | ₹310.45 Cr | ₹288.52 Cr | ₹231.31 Cr | ₹185.21 Cr |
| Other Expenses | ₹1,347.29 Cr | ₹1,193.32 Cr | ₹1,111.97 Cr | ₹1,302.58 Cr | ₹1,335.25 Cr | ₹1,024.63 Cr | ₹847.44 Cr |
| Total Expenses | ₹7,932.6 Cr | ₹6,980.57 Cr | ₹5,985.33 Cr | ₹6,008.34 Cr | ₹5,473.96 Cr | ₹3,842.25 Cr | ₹3,518.97 Cr |
| Profit Before Exceptional Items & Tax | ₹358.37 Cr | ₹304.87 Cr | ₹395.43 Cr | ₹611.1 Cr | ₹1,526.8 Cr | ₹664.55 Cr | ₹676.18 Cr |
| Exceptional Items | ₹6.47 Cr | ₹2.37 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹364.84 Cr | ₹307.24 Cr | ₹395.43 Cr | ₹611.1 Cr | ₹1,526.8 Cr | ₹664.55 Cr | ₹676.18 Cr |
| Total Tax Expense | -₹54.34 Cr | -₹23.63 Cr | -₹21.05 Cr | ₹65.87 Cr | ₹219.38 Cr | ₹129.33 Cr | ₹129.42 Cr |
| Net Profit | ₹419.06 Cr | ₹330.87 Cr | ₹416.48 Cr | ₹545.23 Cr | ₹1,307.42 Cr | ₹535.22 Cr | ₹546.76 Cr |
| attributable to Owners | ₹419.06 Cr | ₹330.87 Cr | ₹416.48 Cr | ₹545.23 Cr | ₹1,307.19 Cr | ₹523.47 Cr | ₹536.08 Cr |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 | ₹23 Lakh | ₹11.75 Cr | ₹10.68 Cr |
| Other Comprehensive Income | -₹42.34 Cr | ₹14.22 Cr | ₹5.8 Cr | -₹49.75 Cr | ₹22.29 Cr | ₹47.94 Cr | -₹57.39 Cr |
| Total Comprehensive Income | ₹376.72 Cr | ₹345.09 Cr | ₹422.28 Cr | ₹495.48 Cr | ₹1,329.71 Cr | ₹583.16 Cr | ₹489.37 Cr |
| EBITDA (computed) | ₹1,172.44 Cr | ₹1,014.58 Cr | ₹985.02 Cr | ₹1,089.83 Cr | ₹1,929.61 Cr | ₹982.23 Cr | ₹986.17 Cr |
| Basic EPS | ₹11.56 | ₹9.13 | ₹11.49 | ₹15.04 | ₹36.06 | ₹30.04 | ₹30.77 |
| Diluted EPS | ₹11.55 | ₹9.12 | ₹11.49 | ₹15.04 | ₹36.06 | ₹30.04 | ₹30.77 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹13,300 Cr | ₹11,114 Cr | ₹9,615.55 Cr | ₹8,580.89 Cr |
| Non-current Assets | ₹9,112.9 Cr | ₹8,218.78 Cr | ₹7,146.65 Cr | ₹6,121.63 Cr |
| Current Assets | ₹4,187.33 Cr | ₹2,894.74 Cr | ₹2,468.9 Cr | ₹2,459.26 Cr |
| Property, Plant & Equipment | ₹6,264.89 Cr | ₹6,328.54 Cr | ₹5,641.34 Cr | ₹4,859.48 Cr |
| Inventories | ₹1,732.17 Cr | ₹1,454.02 Cr | ₹1,159.65 Cr | ₹1,031.04 Cr |
| Trade Receivables | ₹1,402.9 Cr | ₹786.06 Cr | ₹826.35 Cr | ₹940.49 Cr |
| Cash & Equivalents | ₹582.73 Cr | ₹199.39 Cr | ₹41.78 Cr | ₹167.45 Cr |
| Equity (Net Worth) | ₹5,955.27 Cr | ₹5,605.22 Cr | ₹5,290.5 Cr | ₹4,920.79 Cr |
| Equity Share Capital | ₹181.3 Cr | ₹181.26 Cr | ₹181.25 Cr | ₹181.25 Cr |
| Borrowings (Non-current) | ₹2,187.72 Cr | ₹1,867.42 Cr | ₹1,523.87 Cr | ₹634.71 Cr |
| Borrowings (Current) | ₹2,733.28 Cr | ₹1,922.13 Cr | ₹1,660.22 Cr | ₹2,239.32 Cr |
| Total Debt (computed) | ₹4,921 Cr | ₹3,789.55 Cr | ₹3,184.09 Cr | ₹2,874.03 Cr |
| Current Liabilities | ₹5,039.27 Cr | ₹3,466.4 Cr | ₹2,576.58 Cr | ₹2,783.32 Cr |
| Total Liabilities | ₹7,344.96 Cr | ₹5,508.3 Cr | ₹4,325.05 Cr | ₹3,660.1 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹780.8 Cr | ₹1,241.94 Cr | ₹1,203.59 Cr | ₹1,309.86 Cr | ₹470.76 Cr |
| Investing Cash Flow | -₹1,142.1 Cr | -₹1,397.67 Cr | -₹1,309.62 Cr | -₹1,329.84 Cr | -₹1,305.48 Cr |
| Financing Cash Flow | ₹744.64 Cr | -₹73.17 Cr | ₹35.02 Cr | ₹47.15 Cr | ₹679.24 Cr |
| Capital Expenditure | ₹1,124.28 Cr | ₹1,385.97 Cr | ₹1,328.04 Cr | ₹1,326.3 Cr | ₹1,306.57 Cr |
| Free Cash Flow (computed) | -₹343.48 Cr | -₹144.03 Cr | -₹124.45 Cr | -₹16.44 Cr | -₹835.81 Cr |
| Dividends Paid | ₹36.26 Cr | ₹36.25 Cr | ₹54.38 Cr | ₹90.63 Cr | ₹126.88 Cr |
| Net Change in Cash | ₹383.34 Cr | -₹228.9 Cr | -₹71.01 Cr | ₹200.73 Cr | -₹155.48 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,205.7 Cr | ₹2,318.75 Cr | ₹2,100.2 Cr | ₹1,675.66 Cr | ₹1,949.03 Cr | ₹1,840.36 Cr | ₹1,627.52 Cr | ₹1,854.78 Cr | ₹1,773.14 Cr | ₹1,731.6 Cr | ₹1,454.01 Cr | ₹1,413.6 Cr |
| Other Income | -₹83 Lakh | ₹1.89 Cr | ₹30 Lakh | ₹3.51 Cr | -₹2.94 Cr | ₹4.54 Cr | ₹4.91 Cr | ₹5.65 Cr | -₹5 Lakh | ₹8.43 Cr | ₹1 Lakh | ₹2 Lakh |
| Total Income | ₹2,204.87 Cr | ₹2,320.64 Cr | ₹2,100.5 Cr | ₹1,679.17 Cr | ₹1,946.09 Cr | ₹1,844.9 Cr | ₹1,632.43 Cr | ₹1,860.43 Cr | ₹1,773.09 Cr | ₹1,740.03 Cr | ₹1,454.02 Cr | ₹1,413.62 Cr |
| Cost of Materials Consumed | ₹1,494.52 Cr | ₹1,385.36 Cr | ₹1,317 Cr | ₹1,059.52 Cr | ₹1,104.25 Cr | ₹1,160.38 Cr | ₹1,058.66 Cr | ₹1,056.16 Cr | ₹1,082.55 Cr | ₹983.42 Cr | ₹876.36 Cr | ₹827.33 Cr |
| Purchases of Stock-in-Trade | ₹235.19 Cr | ₹215.37 Cr | ₹77 Cr | ₹72.66 Cr | ₹71.6 Cr | ₹34.38 Cr | ₹38.56 Cr | ₹75.19 Cr | ₹71.03 Cr | ₹25.79 Cr | ₹23.37 Cr | ₹83.76 Cr |
| Changes in Inventories | -₹408.71 Cr | -₹69.24 Cr | -₹19 Cr | -₹10.83 Cr | ₹75.07 Cr | ₹35.81 Cr | -₹81.15 Cr | ₹24.3 Cr | -₹82.86 Cr | ₹91.93 Cr | -₹44.95 Cr | -₹57.69 Cr |
| Employee Benefit Expense | ₹102.56 Cr | ₹105.97 Cr | ₹105 Cr | ₹108.83 Cr | ₹98.88 Cr | ₹105.43 Cr | ₹104.65 Cr | ₹113.46 Cr | ₹100.34 Cr | ₹102.7 Cr | ₹99.26 Cr | ₹101.43 Cr |
| Finance Costs | ₹112.32 Cr | ₹68.53 Cr | ₹100 Cr | ₹59.5 Cr | ₹63.96 Cr | ₹85.46 Cr | ₹62.38 Cr | ₹63.64 Cr | ₹58.87 Cr | ₹54.03 Cr | ₹58.22 Cr | ₹40.35 Cr |
| Depreciation & Amortisation | ₹118.52 Cr | ₹120.91 Cr | ₹120 Cr | ₹114.31 Cr | ₹113.32 Cr | ₹110.65 Cr | ₹108 Cr | ₹102.3 Cr | ₹98.32 Cr | ₹97.4 Cr | ₹93.05 Cr | ₹89.35 Cr |
| Other Expenses | ₹439.33 Cr | ₹359.9 Cr | ₹329 Cr | ₹233.29 Cr | ₹330.52 Cr | ₹272.82 Cr | ₹309.68 Cr | ₹280.62 Cr | ₹319.08 Cr | ₹268.12 Cr | ₹267.15 Cr | ₹257.62 Cr |
| Total Expenses | ₹2,093.73 Cr | ₹2,186.8 Cr | ₹2,029 Cr | ₹1,637.28 Cr | ₹1,857.6 Cr | ₹1,804.93 Cr | ₹1,600.78 Cr | ₹1,715.67 Cr | ₹1,647.33 Cr | ₹1,623.39 Cr | ₹1,372.46 Cr | ₹1,342.15 Cr |
| Profit Before Exceptional Items & Tax | ₹111.14 Cr | ₹133.84 Cr | ₹71.5 Cr | ₹41.89 Cr | ₹88.49 Cr | ₹39.97 Cr | ₹31.65 Cr | ₹144.76 Cr | ₹125.76 Cr | ₹116.64 Cr | ₹81.56 Cr | ₹71.47 Cr |
| Exceptional Items | ₹0 | -₹15.37 Cr | ₹22 Cr | ₹0 | ₹0 | ₹0 | ₹2.37 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹111.14 Cr | ₹118.47 Cr | ₹93.5 Cr | ₹41.89 Cr | ₹88.49 Cr | ₹39.97 Cr | ₹34.02 Cr | ₹144.76 Cr | ₹125.76 Cr | ₹116.64 Cr | ₹81.56 Cr | ₹71.47 Cr |
| Total Tax Expense | -₹26.23 Cr | -₹14.38 Cr | -₹12 Cr | -₹1.41 Cr | -₹7.3 Cr | -₹6.01 Cr | -₹18.32 Cr | ₹8 Cr | -₹6.13 Cr | -₹7.47 Cr | -₹9.09 Cr | ₹1.64 Cr |
| Net Profit | ₹137.29 Cr | ₹132.89 Cr | ₹105.5 Cr | ₹43.3 Cr | ₹95.79 Cr | ₹45.98 Cr | ₹52.34 Cr | ₹136.76 Cr | ₹131.89 Cr | ₹124.11 Cr | ₹90.65 Cr | ₹69.83 Cr |
| attributable to Owners | ₹137.29 Cr | ₹132.89 Cr | ₹106 Cr | ₹48 Cr | ₹95.79 Cr | ₹45.98 Cr | - | ₹138.15 Cr | ₹131.89 Cr | ₹124.11 Cr | ₹90.65 Cr | ₹69.78 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - | ₹0 | - | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹27.74 Cr | -₹7.36 Cr | -₹12 Cr | ₹4.31 Cr | ₹24.04 Cr | -₹8.48 Cr | -₹2.73 Cr | ₹1.39 Cr | ₹1.56 Cr | ₹1.63 Cr | -₹3.32 Cr | ₹5.93 Cr |
| Total Comprehensive Income | ₹109.55 Cr | ₹125.53 Cr | ₹93.5 Cr | ₹47.61 Cr | ₹119.83 Cr | ₹37.5 Cr | ₹49.61 Cr | ₹138.15 Cr | ₹133.45 Cr | ₹125.74 Cr | ₹87.33 Cr | ₹75.76 Cr |
| EBITDA (computed) | ₹341.98 Cr | ₹323.28 Cr | ₹291.5 Cr | ₹215.7 Cr | ₹265.77 Cr | ₹236.08 Cr | ₹202.03 Cr | ₹310.7 Cr | ₹282.95 Cr | ₹268.07 Cr | ₹232.83 Cr | ₹201.17 Cr |
| Basic EPS | ₹3.79 | ₹3.67 | ₹2.91 | ₹1.19 | ₹2.64 | ₹1.27 | ₹1.44 | ₹3.77 | ₹3.64 | ₹3.42 | ₹2.50 | ₹1.93 |
| Diluted EPS | ₹3.78 | ₹3.66 | ₹2.91 | ₹1.19 | ₹2.64 | ₹1.27 | ₹1.44 | ₹3.77 | ₹3.64 | ₹3.42 | ₹2.50 | ₹1.93 |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Speciality Chemicals | ₹5,857.89 Cr | ₹1,613.93 Cr | - | - |
| b) Pharmaceuticals | ₹1,142.07 Cr | ₹220.33 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8,422.39 Cr | ₹7,304.21 Cr | ₹6,347.18 Cr | ₹6,565.08 Cr | ₹6,865.27 Cr | ₹4,316.71 Cr | ₹3,994.41 Cr |
| Other Income | ₹7.88 Cr | ₹19.31 Cr | ₹8.41 Cr | ₹41 Lakh | ₹3.2 Cr | ₹1.95 Cr | ₹10.51 Cr |
| Total Income | ₹8,430.27 Cr | ₹7,323.52 Cr | ₹6,355.59 Cr | ₹6,565.49 Cr | ₹6,868.47 Cr | ₹4,318.66 Cr | ₹4,004.92 Cr |
| Cost of Materials Consumed | ₹5,258.4 Cr | ₹4,383.23 Cr | ₹3,771.2 Cr | ₹3,465.12 Cr | ₹3,266.89 Cr | ₹1,922.84 Cr | ₹1,765.21 Cr |
| Purchases of Stock-in-Trade | ₹401.9 Cr | ₹206.07 Cr | ₹193.55 Cr | ₹290.4 Cr | ₹210.88 Cr | ₹185.79 Cr | ₹218.2 Cr |
| Changes in Inventories | -₹161.13 Cr | ₹111.93 Cr | -₹101.01 Cr | ₹46.09 Cr | -₹229.54 Cr | -₹65.41 Cr | -₹16.09 Cr |
| Employee Benefit Expense | ₹419.86 Cr | ₹420.16 Cr | ₹401.66 Cr | ₹383.1 Cr | ₹433.56 Cr | ₹358.28 Cr | ₹292.34 Cr |
| Finance Costs | ₹338.63 Cr | ₹275.24 Cr | ₹210.66 Cr | ₹165.8 Cr | ₹112.88 Cr | ₹86.16 Cr | ₹121.55 Cr |
| Depreciation & Amortisation | ₹473.04 Cr | ₹433.23 Cr | ₹377.45 Cr | ₹310.01 Cr | ₹281.41 Cr | ₹218.31 Cr | ₹172.64 Cr |
| Other Expenses | ₹1,340.7 Cr | ₹1,177.62 Cr | ₹1,105.73 Cr | ₹1,291.97 Cr | ₹1,292.79 Cr | ₹980.69 Cr | ₹805.21 Cr |
| Total Expenses | ₹8,071.4 Cr | ₹7,007.48 Cr | ₹5,959.24 Cr | ₹5,952.49 Cr | ₹5,368.87 Cr | ₹3,686.66 Cr | ₹3,359.06 Cr |
| Profit Before Exceptional Items & Tax | ₹358.87 Cr | ₹316.04 Cr | ₹396.35 Cr | ₹613 Cr | ₹1,499.6 Cr | ₹632 Cr | ₹645.86 Cr |
| Exceptional Items | ₹6.47 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹365.34 Cr | ₹316.04 Cr | ₹396.35 Cr | ₹613 Cr | ₹1,499.6 Cr | ₹632 Cr | ₹645.86 Cr |
| Total Tax Expense | -₹56.98 Cr | -₹23.61 Cr | -₹21 Cr | ₹67.23 Cr | ₹210.75 Cr | ₹118.5 Cr | ₹122.5 Cr |
| Net Profit | ₹422.32 Cr | ₹339.65 Cr | ₹417.35 Cr | ₹545.77 Cr | ₹1,288.85 Cr | ₹513.5 Cr | ₹523.36 Cr |
| Other Comprehensive Income | -₹41.8 Cr | ₹15.22 Cr | ₹6.14 Cr | -₹35.05 Cr | ₹25.02 Cr | ₹39.97 Cr | -₹55.93 Cr |
| Total Comprehensive Income | ₹380.52 Cr | ₹354.87 Cr | ₹423.49 Cr | ₹510.72 Cr | ₹1,313.87 Cr | ₹553.47 Cr | ₹467.43 Cr |
| EBITDA (computed) | ₹1,170.54 Cr | ₹1,024.51 Cr | ₹984.46 Cr | ₹1,088.81 Cr | ₹1,893.89 Cr | ₹936.47 Cr | ₹940.05 Cr |
| Basic EPS | ₹11.65 | ₹9.37 | ₹11.51 | ₹15.06 | ₹35.55 | ₹29.47 | ₹30.04 |
| Diluted EPS | ₹11.64 | ₹9.36 | ₹11.51 | ₹15.06 | ₹35.55 | ₹29.47 | ₹30.40 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹13,159 Cr | ₹11,115 Cr | ₹9,642.85 Cr | ₹8,590.05 Cr |
| Non-current Assets | ₹9,120.84 Cr | ₹8,219.39 Cr | ₹7,147.41 Cr | ₹6,115.18 Cr |
| Current Assets | ₹4,038.39 Cr | ₹2,895.97 Cr | ₹2,495.44 Cr | ₹2,474.88 Cr |
| Property, Plant & Equipment | ₹6,221.13 Cr | ₹6,281.4 Cr | ₹5,597.27 Cr | ₹4,822.53 Cr |
| Inventories | ₹1,297.01 Cr | ₹1,387.52 Cr | ₹1,151.05 Cr | ₹1,015.08 Cr |
| Trade Receivables | ₹1,864.2 Cr | ₹857.44 Cr | ₹867.04 Cr | ₹973.83 Cr |
| Cash & Equivalents | ₹410.48 Cr | ₹197.09 Cr | ₹37.56 Cr | ₹161.06 Cr |
| Equity (Net Worth) | ₹5,972.01 Cr | ₹5,618.13 Cr | ₹5,292.41 Cr | ₹4,920.96 Cr |
| Equity Share Capital | ₹181.3 Cr | ₹181.26 Cr | ₹181.25 Cr | ₹181.25 Cr |
| Borrowings (Non-current) | ₹2,187.72 Cr | ₹1,867.42 Cr | ₹1,523.87 Cr | ₹634.71 Cr |
| Borrowings (Current) | ₹2,731.88 Cr | ₹1,920.73 Cr | ₹1,659.09 Cr | ₹2,239.27 Cr |
| Total Debt (computed) | ₹4,919.6 Cr | ₹3,788.15 Cr | ₹3,182.96 Cr | ₹2,873.98 Cr |
| Current Liabilities | ₹4,881.74 Cr | ₹3,455.51 Cr | ₹2,601.97 Cr | ₹2,792.44 Cr |
| Total Liabilities | ₹7,187.22 Cr | ₹5,497.23 Cr | ₹4,350.44 Cr | ₹3,669.09 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹608.25 Cr | ₹1,281.79 Cr | ₹1,165.94 Cr | ₹1,272.46 Cr | ₹442.14 Cr |
| Investing Cash Flow | -₹1,140.8 Cr | -₹1,435.24 Cr | -₹1,269.51 Cr | -₹1,300.79 Cr | -₹1,295.94 Cr |
| Financing Cash Flow | ₹745.94 Cr | -₹73.54 Cr | ₹34.74 Cr | ₹55.28 Cr | ₹671.54 Cr |
| Capital Expenditure | ₹1,124.28 Cr | ₹1,381.84 Cr | ₹1,285.29 Cr | ₹1,304.2 Cr | ₹1,299.41 Cr |
| Free Cash Flow (computed) | -₹516.03 Cr | -₹100.05 Cr | -₹119.35 Cr | -₹31.74 Cr | -₹857.27 Cr |
| Dividends Paid | ₹36.26 Cr | ₹36.25 Cr | ₹54.38 Cr | ₹90.63 Cr | ₹126.88 Cr |
| Net Change in Cash | ₹213.39 Cr | -₹226.99 Cr | -₹68.83 Cr | ₹26.95 Cr | -₹182.26 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,439.18 Cr | ₹2,276 Cr | ₹2,085.04 Cr | ₹1,636.4 Cr | ₹1,991.19 Cr | ₹1,749.45 Cr | ₹1,715.68 Cr | ₹1,848.28 Cr | ₹1,769.4 Cr | ₹1,723.81 Cr | ₹1,449.89 Cr | ₹1,404.08 Cr |
| Other Income | -₹22 Lakh | ₹2.45 Cr | ₹1 Cr | ₹4.35 Cr | -₹2.05 Cr | ₹5.94 Cr | ₹7.65 Cr | ₹5.8 Cr | -₹4 Lakh | ₹8.42 Cr | ₹1 Lakh | ₹2 Lakh |
| Total Income | ₹2,438.96 Cr | ₹2,278.45 Cr | ₹2,086.04 Cr | ₹1,640.75 Cr | ₹1,989.14 Cr | ₹1,755.39 Cr | ₹1,723.33 Cr | ₹1,854.08 Cr | ₹1,769.36 Cr | ₹1,732.23 Cr | ₹1,449.9 Cr | ₹1,404.1 Cr |
| Cost of Materials Consumed | ₹1,495.34 Cr | ₹1,386.08 Cr | ₹1,317.32 Cr | ₹1,059.66 Cr | ₹1,105.3 Cr | ₹1,161.36 Cr | ₹1,058.15 Cr | ₹1,056.52 Cr | ₹1,082.46 Cr | ₹984.57 Cr | ₹876.46 Cr | ₹827.71 Cr |
| Purchases of Stock-in-Trade | ₹185.44 Cr | ₹99.8 Cr | ₹55.33 Cr | ₹61.34 Cr | ₹63.38 Cr | ₹39.74 Cr | ₹36.53 Cr | ₹66.43 Cr | ₹67.08 Cr | ₹26.88 Cr | ₹22.56 Cr | ₹77.03 Cr |
| Changes in Inventories | -₹130.59 Cr | ₹8.68 Cr | -₹5.25 Cr | -₹33.97 Cr | ₹134.05 Cr | -₹59.96 Cr | ₹9.74 Cr | ₹28.1 Cr | -₹81.08 Cr | ₹85.14 Cr | -₹46.13 Cr | -₹58.94 Cr |
| Employee Benefit Expense | ₹101.89 Cr | ₹105.38 Cr | ₹104.27 Cr | ₹108.33 Cr | ₹98.2 Cr | ₹104.87 Cr | ₹104.15 Cr | ₹112.93 Cr | ₹99.65 Cr | ₹102.28 Cr | ₹98.82 Cr | ₹100.91 Cr |
| Finance Costs | ₹111.85 Cr | ₹68.19 Cr | ₹99.19 Cr | ₹59.4 Cr | ₹63.9 Cr | ₹85.41 Cr | ₹62.34 Cr | ₹63.59 Cr | ₹58.67 Cr | ₹53.83 Cr | ₹58.01 Cr | ₹40.15 Cr |
| Depreciation & Amortisation | ₹118.24 Cr | ₹120.64 Cr | ₹120.12 Cr | ₹114.04 Cr | ₹113.06 Cr | ₹110.37 Cr | ₹107.73 Cr | ₹102.07 Cr | ₹98.15 Cr | ₹97.23 Cr | ₹92.89 Cr | ₹89.18 Cr |
| Other Expenses | ₹437.6 Cr | ₹357.82 Cr | ₹329.37 Cr | ₹229.83 Cr | ₹319.13 Cr | ₹272.19 Cr | ₹308 Cr | ₹278.6 Cr | ₹318.82 Cr | ₹266.11 Cr | ₹265.33 Cr | ₹255.47 Cr |
| Total Expenses | ₹2,319.77 Cr | ₹2,146.59 Cr | ₹2,020.35 Cr | ₹1,598.63 Cr | ₹1,897.02 Cr | ₹1,713.98 Cr | ₹1,686.64 Cr | ₹1,708.24 Cr | ₹1,643.75 Cr | ₹1,616.04 Cr | ₹1,367.94 Cr | ₹1,331.51 Cr |
| Profit Before Exceptional Items & Tax | ₹119.19 Cr | ₹131.86 Cr | ₹65.69 Cr | ₹42.12 Cr | ₹92.12 Cr | ₹41.41 Cr | ₹36.69 Cr | ₹145.84 Cr | ₹125.61 Cr | ₹116.19 Cr | ₹81.96 Cr | ₹72.59 Cr |
| Exceptional Items | ₹0 | -₹15.37 Cr | ₹21.84 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹119.19 Cr | ₹116.49 Cr | ₹87.53 Cr | ₹42.12 Cr | ₹92.12 Cr | ₹41.41 Cr | ₹36.69 Cr | ₹145.84 Cr | ₹125.61 Cr | ₹116.19 Cr | ₹81.96 Cr | ₹72.59 Cr |
| Total Tax Expense | -₹27.5 Cr | -₹15 Cr | -₹12.98 Cr | -₹1.5 Cr | -₹7.31 Cr | -₹6 Cr | -₹18.31 Cr | ₹8 Cr | -₹6 Cr | -₹7.5 Cr | -₹9 Cr | ₹1.5 Cr |
| Net Profit | ₹146.69 Cr | ₹131.49 Cr | ₹100.51 Cr | ₹43.62 Cr | ₹99.43 Cr | ₹47.41 Cr | ₹55 Cr | ₹137.84 Cr | ₹131.61 Cr | ₹123.69 Cr | ₹90.96 Cr | ₹71.09 Cr |
| Other Comprehensive Income | -₹27.08 Cr | -₹6.87 Cr | -₹10.8 Cr | ₹2.95 Cr | ₹24.47 Cr | -₹7.62 Cr | -₹2.82 Cr | ₹1.19 Cr | ₹2.78 Cr | ₹1.31 Cr | -₹2.47 Cr | ₹4.52 Cr |
| Total Comprehensive Income | ₹119.61 Cr | ₹124.62 Cr | ₹89.71 Cr | ₹46.57 Cr | ₹123.9 Cr | ₹39.79 Cr | ₹52.18 Cr | ₹139.03 Cr | ₹134.39 Cr | ₹125 Cr | ₹88.49 Cr | ₹75.61 Cr |
| EBITDA (computed) | ₹349.28 Cr | ₹320.69 Cr | ₹285 Cr | ₹215.56 Cr | ₹269.08 Cr | ₹237.19 Cr | ₹206.76 Cr | ₹311.5 Cr | ₹282.43 Cr | ₹267.25 Cr | ₹232.86 Cr | ₹201.92 Cr |
| Basic EPS | ₹4.05 | ₹3.63 | ₹2.77 | ₹1.20 | ₹2.74 | ₹1.31 | ₹1.52 | ₹3.80 | ₹3.63 | ₹3.41 | ₹2.51 | ₹1.96 |
| Diluted EPS | ₹4.04 | ₹3.62 | ₹2.77 | ₹1.20 | ₹2.74 | ₹1.31 | ₹1.52 | ₹3.80 | ₹3.63 | ₹3.41 | ₹2.51 | ₹1.96 |
| Segment · FY 2022 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Speciality Chemicals | ₹6,465.03 Cr | ₹1,578.71 Cr | - | - |
| b) Pharmaceuticals | ₹1,299.93 Cr | ₹220.33 Cr | - | - |
Shareholding Pattern of Aarti Industries Ltd
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 42.09%, foreign institutional investors hold 7.38%, domestic institutional investors hold 20.12%, retail and other public shareholders hold 30.39% of Aarti Industries Ltd. The company had 384,210 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 42.09% | 42.14% | 42.18% | 42.24% | 42.24% | 42.35% |
| Public | 57.91% | 57.86% | 57.82% | 57.76% | 57.76% | 57.65% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 42.09% | 42.24% | 43.43% | 44.07% | 44.19% | 46.82% | 47.75% | 49.47% | 51.07% | 53.78% | 54.80% |
| Public | 57.91% | 57.76% | 56.57% | 55.93% | 55.81% | 53.18% | 52.25% | 50.53% | 48.93% | 46.22% | 45.20% |
| Promoter change (YoY, %pts) | -0.15 | -1.19 | -0.64 | -0.12 | -2.63 | -0.93 | -1.72 | -1.60 | -2.71 | -1.02 | - |
Board & Governance of Aarti Industries Ltd
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Aarti Industries Ltd has 14 directors - 7 independent and 6 executive. The board is chaired by RAJENDRA VALLABHAJI GOGRI.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| RAJENDRA VALLABHAJI GOGRI | Executive Director · MD · Chairperson | 1989-07-01 | 4 |
| RASHESH CHANDRAKANT GOGRI | Executive Director · MD | 1997-06-09 | 3 |
| RENIL RAJENDRA GOGRI | Executive Director | 2012-08-16 | 1 |
| SUYOG KALYANJI KOTECHA | Executive Director · CEO | 2024-06-17 | 1 |
| MANOJ MULJI CHHEDA | Executive Director | 1993-11-25 | 1 |
| AJAYKUMAR GUPTA | Executive Director | 2023-06-29 | 1 |
| HETAL GOGRI GALA | Non-Executive - Non Independent Director | 2006-11-01 | 2 |
| LALITKUMAR SHANTARAM NAIK | Non-Executive - Independent Director | 2019-05-21 | 1 |
| ANIRUDDHA B. PANDIT | Non-Executive - Independent Director | 2023-06-29 | 3 |
| SHEKHAR S. KHANOLKAR | Non-Executive - Independent Director | 2023-06-29 | 2 |
| BELUR KRISHNA MURTHY SETHURAM | Non-Executive - Independent Director | 2024-06-01 | 4 |
| ASHOK KUMAR BARAT | Non-Executive - Independent Director | 2024-09-15 | 7 |
| NIKHIL JAYSINH BHATIA | Non-Executive - Independent Director | 2024-09-15 | 4 |
| RUPA DEVI SINGH | Non-Executive - Independent Director | 2024-09-15 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | ASHOK KUMAR BARAT (Chairperson), LALITKUMAR SHANTARAM NAIK, SHEKHAR S. KHANOLKAR, NIKHIL JAYSINH BHATIA, RAJENDRA VALLABHAJI GOGRI, RASHESH CHANDRAKANT GOGRI |
| Nomination and remuneration committee | ANIRUDDHA B. PANDIT (Chairperson), BELUR KRISHNA MURTHY SETHURAM, RUPA DEVI SINGH, RAJENDRA VALLABHAJI GOGRI |
| Stakeholders Relationship Committee | HETAL GOGRI GALA (Chairperson), ANIRUDDHA B. PANDIT, RAJENDRA VALLABHAJI GOGRI, MANOJ MULJI CHHEDA, RASHESH CHANDRAKANT GOGRI |
| Risk Management Committee | RAJENDRA VALLABHAJI GOGRI (Chairperson), RASHESH CHANDRAKANT GOGRI, HETAL GOGRI GALA, RENIL RAJENDRA GOGRI, SUYOG KALYANJI KOTECHA, AJAYKUMAR GUPTA, MANOJ MULJI CHHEDA, BELUR KRISHNA MURTHY SETHURAM |
| Corporate Social Responsibility Committee | HETAL GOGRI GALA (Chairperson), RUPA DEVI SINGH, AJAYKUMAR GUPTA |
| Finance and Investment Committee | RAJENDRA VALLABHAJI GOGRI (Chairperson), RASHESH CHANDRAKANT GOGRI, MANOJ MULJI CHHEDA, HETAL GOGRI GALA, RENIL RAJENDRA GOGRI, AJAYKUMAR GUPTA, SUYOG KALYANJI KOTECHA |
Group Structure of Aarti Industries Ltd
Aarti Industries Ltd has 8 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Aarti Industries Ltd's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Augene Chemical Private Limited | U20299GJ2023PTC141303 | - |
| Nascent Chemical Industries Limited | U24100GJ1966PLC104722 | - |
| Aarti Bharuch Limited | U24100GJ2019PLC110966 | - |
| Aarti Spechem Limited | U24100GJ2019PLC111065 | - |
| Shanti Intermediates Private Limited | U24231GJ1989PTC012373 | - |
| Innovative Envirocare Jhagadia Limited | U24233MH2012PLC233058 | - |
Showing major subsidiaries. Total: 8.
Charges & Borrowings of Aarti Industries Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2026 | Others | ₹500 Cr | Open |
| 12 Feb 2025 | Citi Bank N.A. | ₹350 Cr | Open |
| 30 Nov 2024 | Axis Bank Limited | ₹200 Cr | Open |
| 14 Aug 2024 | Hdfc Bank Limited | ₹250 Cr | Open |
| 13 Dec 2022 | Axis Bank Limited | ₹42.05 Lakh | Open |
Total charge records: 111 View all charges
Employees and EPFO Compliance at Aarti Industries Ltd
Aarti Industries Ltd has a workforce of 5,563 employees as of Oct 14, 2024.
Employee and EPFO history for Aarti Industries Ltd
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GST Compliance of Aarti Industries Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Aarti Industries Ltd
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MSME Payment Delays by Aarti Industries Ltd
MSME payment history for Aarti Industries Ltd
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Subsidiaries & Group Companies of Aarti Industries Ltd
Corporate group structure for Aarti Industries Ltd
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MCA Filings & Documents of Aarti Industries Ltd
MCA filings and documents for Aarti Industries Ltd
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Recent Activity on Aarti Industries Ltd
Recent News on Aarti Industries Ltd
Frequently Asked Questions about Aarti Industries Ltd
Aarti Industries Ltd is an active public limited company in the chemicals and materials sector based in Vapi, Gujarat, India. It was incorporated on 28 September 1984 (42+ years old) and is registered under CIN L24110GJ1984PLC007301. Listed on BSE: 524208 and NSE: AARTIIND. The company has 5,563 employees.
Aarti Industries Ltd reported revenue of ₹8,286.1 Cr for FY 2026 (up 13.96% YoY) based on consolidated NSE filings.
The current directors and KMP of Aarti Industries Ltd are:
- Hetal Gogri Gala - Director
- Rashesh Chandrakant Gogri - Managing Director
- Ashok Kumar Barat - Director
- Renil Rajendra Gogri - Whole-Time Director
- Shekhar Shreedhar Khanolkar - Director
- Ajay Kumar Gupta - Director
- Nikhil Jaysinh Bhatia - Director
- Anniruddha Bhalchandra Pandit - Director
- Lalitkumar Shantaram Naik - Director
- Suyog Kalyanji Kotecha - Ceo
- Belur Krishna Murthy Sethuram - Director
- Rajendra Vallabhaji Gogri - Managing Director
- Manoj Mulji Chheda - Whole-Time Director
- Rupa Devi Singh - Director
The primary industry of Aarti Industries Ltd is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Yes. Aarti Industries Ltd is listed on both BSE (code: 524208) and NSE (symbol: AARTIIND).
Aarti Industries Ltd can be reached at the registered office: Plot No 80123 Gidc Estatephase Iii, Vapi, Gujarat, India – 396195, or through the website aarti-industries.com.