Aarti Industries Ltd

BSE: 524208 NSE: AARTIIND
Aarti Industries Ltd - chemicals and materials in Vapi, Gujarat, India. FY 2026 financials & compliance.
CIN L24110GJ1984PLC007301 Incorporated 28 September 1984 ROC Ahmedabad HQ Vapi, Gujarat, India
Active Listed - NSE: AARTIIND · BSE: 524208 Public Limited Company chemicals and materials Fortune India 500 · #342 India's Most Valuable · #299 Nifty 500
Data last updated
Market Cap
₹15,540 Cr
AARTIIND · NSE
Share Price
₹435.70
+1.70% today
Revenue
₹8,286 Cr
FY 2025-26 · +14.0% YoY
EBITDA
₹1,146 Cr
Margin 13.8%
Net Profit
₹412 Cr
FY 2025-26 · +25.8% YoY
P/E (TTM)
29.7x
P/B 2.6x
ROE
7.2%
ROCE 6.8%
Debt / Equity
0.76
Interest cover 50.6x

About Aarti Industries Ltd

Data last updated:

Aarti Industries Ltd is a public limited company based in Vapi, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 28 September 1984 and has been in existence for over 42 years.

Aarti Industries is ranked #342 on the Fortune India 500 (2025) and #299 among India's most valuable companies (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Rajendra Vallabhaji Gogri is #852 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24110GJ1984PLC007301. Its GSTIN is 24AABCA2787L1ZI (Gujarat). The company holds 12 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 524208 and NSE: AARTIIND.

The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹181.36 Cr. It was formerly known as Aarti Organics Pvt Ltd. It is led by directors including Rashesh Chandrakant Gogri (Managing Director) and Rajendra Vallabhaji Gogri (Managing Director).

Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No 801/23 GIDC Estatephase III, Vapi, Gujarat, India – 396195.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹8,286.1 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹412.17 Cr (net margin 5%) and EBITDA of ₹1,145.53 Cr (EBITDA margin 13.8%). The net worth stands at ₹5,955.17 Cr (up 6.2% YoY). Total assets are valued at ₹11,006 Cr (up 14.9% YoY).

The company has about 5,563 employees on its provident fund (EPFO) records. 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 ₹3,711.03 Cr and satisfied charges of ₹11,524 Cr on record. Court records list 197 cases involving the company, including 111 filed by the company and 86 filed against it; 31 cases are pending. The company has 47 deals on record (41 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹24.7 Cr; the latest was in November 2024. Its 6 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 2 smaller; the largest is Mcpi Private Limited with revenue of ₹10,772 Cr.

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.

Company details

CIN L24110GJ1984PLC007301
Registration Number 007301
Incorporation Date 28 September 1984
ROC Ahmedabad
Listing Status Listed - Listed on NSE (AARTIIND); Listed on BSE (524208)
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Rashesh Chandrakant Gogri Managing Director Rajendra Vallabhaji Gogri Managing Director Renil Rajendra Gogri Whole-Time Director

Recognitions & Rankings of Aarti Industries

Fortune India 500 2025 edition
Rank#342
Total income
₹7,234 Cr
Profit
₹331 Cr
Last year #343
India's Most Valuable Companies 2025 edition · Source: Hurun India
Rank#299
Valuation
₹18,410 Cr
2024 #346 2023 #249 2022 #159
Stock market indices
Nifty 500 BSE 500

Contact details

Aarti Industries Ltd's registered office is in Vapi, Gujarat. Its website is aarti-industries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aarti-industries.com
  • Social Media
  • Registered Address
    Plot No 801/23 GIDC Estatephase III, Vapi, Gujarat, India – 396195
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Aarti Industries Ltd, buy the company report.

Comprehensive company report
Aarti Industries Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Aarti Industries operates one associated brand: Aarti Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Aarti Industries
Specialty chemicals, pharmaceuticals, and surfactants are manufactured.aarti-industries.com

Business activity

The main business activity of Aarti Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Aarti Industries Ltd, buy the company report.

Financials of Aarti Industries Ltd

FY 2025-26 filings available

Aarti Industries Ltd reported revenue of ₹8,286.1 Cr (up 14% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹8,286 Cr
+14.0% YoY
EBITDA
₹1,146 Cr
+14.9% YoY
Profit After Tax
₹412 Cr
+25.8% YoY
Net Worth
₹5,955 Cr
+6.2% YoY
Total Assets
₹11,006 Cr
+14.9% YoY
Total Debt
₹4,966 Cr
+29.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8,2867,2696,3716,6196,0864,5064,186
Revenue growth+14.0%+14.1%-3.7%+8.8%+35.1%+7.6%-
EBITDA1,1469979741,0891,720982977
EBITDA margin+13.8%+13.7%+15.3%+16.5%+28.3%+21.8%+23.4%
Profit before tax3653073956111,372665676
Net profit4123284205451,185523529
Net profit margin+5.0%+4.5%+6.6%+8.2%+19.5%+11.6%+12.6%
EPS (₹)11.569.1311.4915.0432.7130.0430.77
Balance sheet
Total assets11,0069,5809,1028,0457,3276,5835,722
Net worth5,9555,6055,2904,9204,5163,5032,979
Total debt4,9663,8483,6232,9072,5872,8572,098
Cash & bank608295516201174412247
Net working capital1,8931,3621,9461,9232,1751,5431,606
Cash flow
Cash from operations7811,2381,2101,3195198731,102
Cash from investing(1,142)(1,393)(1,369)(1,330)(1,169)(1,322)(1,124)
Cash from financing745(73.17)42038.21412614(535)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3872,2052,3182,1001,6751,9491,8431,628
Revenue growth (YoY)+42.5%+13.1%+25.8%+29.0%-9.5%---
Other income5.001.002.0022.004.003.005.007.00
EBITDA382341306291212262231197
EBITDA margin+16.0%+15.5%+13.2%+13.9%+12.7%+13.4%+12.5%+12.1%
Depreciation124119121120114113111108
Interest83.0011269.0010060.0064.0085.0062.00
Profit before tax18011111893.0042.0088.0040.0034.00
Tax25.00(26.00)(15.00)(13.00)(1.00)(8.00)(6.00)(18.00)
Net profit15513713310643.0096.0046.0052.00
EPS (₹)4.263.783.662.911.192.641.271.44
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8,4227,3026,3466,5656,0404,3173,994
Revenue growth+15.3%+15.1%-3.3%+8.7%+39.9%+8.1%-
EBITDA1,1411,0029741,0881,711935930
EBITDA margin+13.5%+13.7%+15.3%+16.6%+28.3%+21.7%+23.3%
Profit before tax3653163966131,366632646
Net profit4153394215461,182513517
Net profit margin+4.9%+4.7%+6.6%+8.3%+19.6%+11.9%+12.9%
EPS (₹)11.659.3711.5115.0632.6129.4730.04
Balance sheet
Total assets11,0219,5929,1038,0457,3066,4745,525
Net worth5,9725,6185,2924,9214,5013,4122,902
Total debt4,9653,8463,6222,9072,5812,8512,073
Cash & bank436293512194167406233
Net working capital1,9001,3721,9461,9302,1811,5231,566
Cash flow
Cash from operations6081,2291,1591,2725078441,065
Cash from investing(1,141)(1,382)(1,317)(1,301)(1,162)(1,307)(1,109)
Cash from financing746(73.52)42155.28417635(520)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,2412,4392,2762,0841,6361,9921,7491,717
Revenue growth (YoY)+37.0%+22.4%+30.1%+21.4%-11.3%---
Other income3.000.002.0023.004.004.006.008.00
Total expenses1,8752,0901,9731,8001,4241,7271,5191,518
EBITDA366349303284212265230199
EBITDA margin+16.3%+14.3%+13.3%+13.6%+13.0%+13.3%+13.2%+11.6%
Depreciation124118121120114113110108
Interest82.0011268.0098.0060.0064.0085.0062.00
Profit before tax16311911689.0042.0092.0041.0037.00
Tax19.00(28.00)(15.00)(13.00)(2.00)(7.00)(6.00)(18.00)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3872,2052,3182,1001,6751,9491,8431,628
Revenue growth (YoY)+42.5%+13.1%+25.8%+29.0%-9.5%---
Other income5.001.002.0022.004.003.005.007.00
EBITDA382341306291212262231197
EBITDA margin+16.0%+15.5%+13.2%+13.9%+12.7%+13.4%+12.5%+12.1%
Depreciation124119121120114113111108
Interest83.0011269.0010060.0064.0085.0062.00
Profit before tax18011111893.0042.0088.0040.0034.00
Tax25.00(26.00)(15.00)(13.00)(1.00)(8.00)(6.00)(18.00)
Net profit15513713310643.0096.0046.0052.00
EPS (₹)4.263.783.662.911.192.641.271.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8,2867,2696,3716,6196,0864,5064,186
Revenue growth+14.0%+14.1%-3.7%+8.8%+35.1%+7.6%-
Other income33.3819.8910.860.860.770.708.84
Total expenses7,1416,2725,3975,5304,3653,5253,209
Employee cost422447404385357371305
EBITDA1,1469979741,0891,720982977
EBITDA margin+13.8%+13.7%+15.3%+16.5%+28.3%+21.8%+23.4%
Depreciation474434378310246231185
Interest34027521116810286.37125
Profit before tax3653073956111,372665676
Tax(54.34)(23.63)(21.05)65.87186129129
Net profit4123284205451,185523529
Net profit margin+5.0%+4.5%+6.6%+8.2%+19.5%+11.6%+12.6%
EPS (₹)11.569.1311.4915.0432.7130.0430.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18118118118118187.1287.12
Reserves & surplus5,7745,4245,1094,7394,3353,4162,892
Shareholders' funds (net worth)5,9555,6055,2904,9204,5163,5032,979
Minority interest0.100.100.720.720.7212.2494.62
Secured loans3,9203,7383,5132,4712,5172,7662,073
Unsecured loans1,04611010943769.8790.6824.60
Total debt4,9663,8483,6232,9072,5872,8572,098
Total liabilities11,0069,5809,1028,0457,3276,5835,722
Assets
Gross block8,9328,4287,2916,3065,0485,1553,837
Net block6,3996,3775,6494,8613,5953,5932,468
Capital work in progress2,1871,4541,2291,0961,3461,2981,418
Investments13247.6322.9217.1728.2963.5237.01
Inventories1,7321,4541,1601,031934936836
Sundry debtors1,4037868549401,092794753
Cash & bank balances608295516201174412247
Loans & advances444360429287500226168
Total current assets4,1872,8952,9592,4592,6992,3682,005
Total current liabilities2,2951,5331,013536523824399
Net working capital1,8931,3621,9461,9232,1751,5431,606
Total assets11,0069,5809,1028,0457,3276,5835,722
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash199428167174412247804
Net cash from operating activities7811,2381,2101,3195198731,102
Net cash from investing activities(1,142)(1,393)(1,369)(1,330)(1,169)(1,322)(1,124)
Net cash from financing activities745(73.17)42038.21412614(535)
Net change in cash383(229)26127.17(239)165(557)
Closing cash608295516201174412247
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.0%+14.1%-3.7%+8.8%+35.1%+7.6%-
EBITDA growth+14.9%+2.4%-10.5%-36.7%+75.3%+0.4%-
PBT growth+18.7%-22.3%-35.3%-55.5%+106.5%-1.7%+8.7%
Net income growth+25.8%-21.9%-23.0%-54.0%+126.5%-1.2%-
Revenue CAGR (3Y)+7.8%+6.1%+12.2%+16.5%+13.5%+5.8%+9.8%
EBITDA CAGR (3Y)+1.7%-16.6%-0.3%+3.7%+21.2%+12.0%+14.4%
Profitability & leverage
Net income margin+5.1%+4.6%+6.5%+8.2%+19.5%+11.9%+13.1%
Return on capital employed+6.9%+6.2%+7.1%+10.1%+21.2%+12.3%+14.8%
Return on net worth+7.3%+6.1%+8.2%+11.6%+29.6%+16.5%+19.5%
Debt / equity0.760.690.640.580.680.760.80
Long-term debt / equity0.360.320.220.170.280.290.25
Interest cover50.6348.9435.4821.626.9411.5115.75
Efficiency & per share
Fixed asset turnover1.041.021.031.281.351.121.28
Inventory turnover5.666.166.407.417.355.675.75
Debtors turnover8.249.817.817.177.296.496.04
EPS (₹)11.569.1311.4915.0432.7130.0430.77
Dividend per share (₹)1.001.001.002.503.503.003.50
Book value per share (₹)164.24154.62145.92135.73124.58201.01170.93
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,2412,4392,2762,0841,6361,9921,7491,717
Revenue growth (YoY)+37.0%+22.4%+30.1%+21.4%-11.3%---
Other income3.000.002.0023.004.004.006.008.00
Total expenses1,8752,0901,9731,8001,4241,7271,5191,518
EBITDA366349303284212265230199
EBITDA margin+16.3%+14.3%+13.3%+13.6%+13.0%+13.3%+13.2%+11.6%
Depreciation124118121120114113110108
Interest82.0011268.0098.0060.0064.0085.0062.00
Profit before tax16311911689.0042.0092.0041.0037.00
Tax19.00(28.00)(15.00)(13.00)(2.00)(7.00)(6.00)(18.00)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8,4227,3026,3466,5656,0404,3173,994
Revenue growth+15.3%+15.1%-3.3%+8.7%+39.9%+8.1%-
Other income36.3922.6510.850.420.691.9510.51
Total expenses7,2826,3005,3725,4774,3293,3823,065
Employee cost420445402383354358292
EBITDA1,1411,0029741,0881,711935930
EBITDA margin+13.5%+13.7%+15.3%+16.6%+28.3%+21.7%+23.3%
Depreciation473433377310244218173
Interest33927521116610286.16122
Profit before tax3653163966131,366632646
Tax(56.98)(23.61)(21.00)67.22184118122
Net profit4153394215461,182513517
Net profit margin+4.9%+4.7%+6.6%+8.3%+19.6%+11.9%+12.9%
EPS (₹)11.659.3711.5115.0632.6129.4730.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18118118118118187.1287.12
Reserves & surplus5,7915,4375,1114,7404,3203,3252,815
Shareholders' funds (net worth)5,9725,6185,2924,9214,5013,4122,902
Secured loans3,9203,7383,5132,4712,5132,7622,049
Unsecured loans1,04510910843768.2489.2123.20
Total debt4,9653,8463,6222,9072,5812,8512,073
Total liabilities11,0219,5929,1038,0457,3066,4745,525
Assets
Gross block8,8778,3727,2396,2615,0365,0273,600
Net block6,3556,3305,6054,8243,6353,5112,302
Capital work in progress2,1871,4571,2291,0961,3031,2981,418
Investments18989.8618.6712.413.2936.2637.16
Inventories1,2971,3881,1511,015899901781
Sundry debtors1,8648578959741,131819782
Cash & bank balances436293512194167406233
Loans & advances442358428292509225144
Total current assets4,0382,8962,9862,4752,7062,3511,941
Total current liabilities2,1381,5241,039545524829375
Net working capital1,9001,3721,9461,9302,1811,5231,566
Total assets11,0219,5929,1038,0457,3066,4745,525
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash197424161167406233797
Net cash from operating activities6081,2291,1591,2725078441,065
Net cash from investing activities(1,141)(1,382)(1,317)(1,301)(1,162)(1,307)(1,109)
Net cash from financing activities746(73.52)42155.28417635(520)
Net change in cash213(227)26326.96(239)173(564)
Closing cash436293512194167406233
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.3%+15.1%-3.3%+8.7%+39.9%+8.1%-
EBITDA growth+13.9%+2.9%-10.6%-36.4%+83.1%+0.5%-
PBT growth+15.6%-20.3%-35.3%-55.1%+116.1%-2.2%+9.3%
Net income growth+22.4%-19.3%-22.9%-53.8%+130.2%-0.7%-
Revenue CAGR (3Y)+8.7%+6.5%+13.7%+18.0%+14.5%+5.3%+9.4%
EBITDA CAGR (3Y)+1.6%-16.3%+1.4%+5.4%+23.1%+12.5%+15.2%
Profitability & leverage
Net income margin+5.0%+4.7%+6.6%+8.3%+19.6%+11.9%+13.1%
Return on capital employed+6.8%+6.3%+7.1%+10.2%+21.3%+12.0%+14.4%
Return on net worth+7.3%+6.2%+8.2%+11.6%+29.9%+16.3%+19.2%
Debt / equity0.760.680.640.580.690.780.81
Long-term debt / equity0.360.320.220.170.280.290.25
Interest cover50.7348.4035.3421.306.9212.0316.06
Efficiency & per share
Fixed asset turnover1.061.031.031.281.361.111.31
Inventory turnover6.826.366.457.557.585.715.95
Debtors turnover6.739.227.476.876.996.005.55
EPS (₹)11.659.3711.5115.0632.6129.4730.04
Dividend per share (₹)1.001.001.002.503.503.003.50
Book value per share (₹)164.70154.97146.00135.75124.17195.81166.54

To see the full year-wise statements and ratios of Aarti Industries Ltd, buy the company report.

Board of directors and KMP of Aarti Industries Ltd

Aarti Industries Ltd currently reports 14 directors and 2 key managerial personnel. 21 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Hetal Gogri Gala
Also directs: Gogri Enterprises Limited Liability Partnership, Genesis Unichem LLP, Rose Peach Commercials LLP and 5 more
Director01 Nov 200619 Years 11 MonthsCurrent
Rashesh Chandrakant Gogri
Also directs: Gogri Enterprises Limited Liability Partnership, Genesis Unichem LLP, Dhanvallabh Ventures LLP and 5 more
Managing Director09 Jun 199729 Years 4 MonthsCurrent
Ashok Kumar Barat
Also directs: Bata India Ltd, Huhtamaki India Limited, Alembic Pharmaceuticals Limited and 5 more
Director15 Sep 20242 Years 1 MonthsCurrent
Chetan Bipin Gandhi
Also directs: Aarti Bharuch Limited, Aarti Circularity Limited, Innovative Envirocare Jhagadia Limited and 3 more
Cfo30 May 201412 Years 4 MonthsCurrent
Renil Rajendra Gogri
Also directs: Abhilasha Ventures Limited Liability Partnership, Pooja Unichem LLP, Aar Em Ventures LLP and 5 more
Whole-Time Director16 Aug 201214 Years 2 MonthsCurrent
Raj Kumar Sarraf
Also directs: Aarti Circularity Limited, Augene Chemical Private Limited
Company Secretary16 Nov 20178 Years 11 MonthsCurrent
Showing 6 of 16 current directors and KMP. View all directors and KMP

Peer comparison

Aarti Industries Ltd is compared with the 6 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mcpi Private Limited₹10,772 Cr (FY 2025)10.0%Kolkata, West Bengal, India
Dow Chemical International Private Limited₹10,135 Cr (FY 2025)4.0%Thane, Maharashtra, India
India Glycols Limited₹9,053.5 Cr (FY 2025)14.0%Udham Singh Nagar, Uttarakhand, India
Deccan Fine Chemicals (India) Private Limited₹8,738.51 Cr (FY 2024)-1.0%Hyderabad, Telangana, India
Aarti Industries Ltdthis company₹8,286.1 Cr (FY 2026)₹412.17 Cr5%14.0%5,563Vapi, Gujarat, India
Himadri Speciality Chemical Limited₹4,664.32 Cr (FY 2025)10.0%Kolkata, West Bengal, India
Chemplast Sanmar Limited₹4,393.12 Cr (FY 2025)10.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Aarti Industries Ltd, buy the company report.

Auditor

Aarti Industries Ltd is audited by Gokhale & Sathe for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Gokhale & SatheFY 2024103264W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 41.80%, foreign institutional investors hold 7.00%, domestic institutional investors hold 21.10% and retail and other public shareholders hold 30.10%.

Promoters: 41.80%DII (Domestic Institutional): 21.10%FII (Foreign Institutional): 7.00%Retail & Others: 30.10%
Sep 2026
QUARTER
41.80% Promoters
21.10% DII (Domestic Institutional)
7.00% FII (Foreign Institutional)
30.10% Retail & Others
Promoter holding - history
Now 41.80% · Sep 2026High 42.20% · Dec 2025Low 41.80% · Sep 2026
40%41%42%43%44%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 42.20%Mar 2026: 42.10%Jun 2026: 42.10%Sep 2026: 41.80%42.20%41.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters41.80%42.10%42.10%42.20%
Public58.20%57.90%57.90%57.80%

Charges & borrowings

Open charges
₹3,711.03 Cr
Satisfied charges
₹11,524 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹2,270.00 Cr
Others₹500.28 Cr
Citi Bank N.A.₹350.00 Cr
Hdfc Bank Limited₹251.56 Cr
Axis Bank Limited₹202.55 Cr
Others₹136.64 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2026101266861Others₹500 CrOpen
12 Feb 2025101058027Citi Bank N.A.₹350 CrOpen
30 Nov 2024101018238Axis Bank Limited₹200 CrOpen
14 Aug 2024100987225Hdfc Bank Limited₹250 CrOpen
13 Dec 2022100656782Axis Bank Limited₹42.05 LakhOpen

To see the full charge records of Aarti Industries Ltd, buy the company report.

Total charge records: 111 View all charges

Deals & funding

Aarti Industries Ltd has 47 deals on record (41 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹24.7 Cr; the latest was in November 2024.

Total deals
47
Market trades
41
Funding rounds
2
Secondary share transfers
2
QIPs
2
Disclosed funding
₹24.7 Cr

Deals on record (5 of 47)

WhenDealAmountParties
Nov 2024Market trade₹93.47 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Aug 2024Market trade₹122.76 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Jul 2013Market trade₹8.04 CrBuyer: Gogri and Sons Investments Pvt Ltd , Alchemie Leasing and Financing Pvt Ltd
Seller: Alchemie Pharma Chem Limited
Mar 2012Funding round₹13.92 CrInvestors: Anushakti Holdings Limited
Jan 2012Market trade₹2.3 CrBuyer: an individual
Seller: Dilesh Roadlines Private Limited

To see the full deal history of Aarti Industries Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Aarti Industries Ltd was last rated by Crisil on 29 Oct 2020.

Rating agencyRated onRating
Crisil29 Oct 2020

To see the full credit ratings and regulatory alerts of Aarti Industries Ltd, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Aarti Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Aarti Industries has 8 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

8
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Augene Chemical Private LimitedU20299GJ2023PTC141303
Nascent Chemical Industries LimitedU24100GJ1966PLC104722
Aarti Bharuch LimitedU24100GJ2019PLC110966
Aarti Spechem LimitedU24100GJ2019PLC111065
Shanti Intermediates Private LimitedU24231GJ1989PTC012373
Innovative Envirocare Jhagadia LimitedU24233MH2012PLC233058

To see the full group structure of Aarti Industries Ltd, buy the company report.

Employees & EPFO

Aarti Industries Ltd has a workforce of 5,563 employees on its EPFO records as of Oct 14, 2024, across 10 active EPFO establishments.

Employee count
5,563
Active EPFO establishments
10
Employee growth
-18.54%

GST

Aarti Industries has 12 GST registrations: 9 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
9
Cancelled / inactive
3
GSTINStateStatusRegistered on
24AABCA2787L1ZIGujaratActive01 Jul 2017
24AABCA2787L2ZHGujaratActive01 Jul 2017
24AABCA2787L3ZGGujaratActive28 Sep 2017
24AABCA2787L4ZFGujaratActive02 Apr 2018

To see the full GST registrations and return filing status of Aarti Industries Ltd, buy the company report.

Recent activity

Aarti Industries Ltd has 36 board changes on record since 1993: 16 appointments and 20 cessations. The latest: Ashok Kumar Barat was appointed as Director on 15 Sep 2024.

Charges
A charge registered on 28 Sep 2020 via Charge ID 100380346 with Hdfc Bank Limited was fully satisfied on 31 Aug 2026.
Charges
A charge registered on 09 Jun 2021 via Charge ID 100454680 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 25 Aug 2026.
Charges
A charge registered on 02 Feb 2018 via Charge ID 100155186 with Dbs Bank Ltd was fully satisfied on 25 Aug 2026.
Charges
A charge registered on 19 Mar 2020 via Charge ID 100333955 with Citi Bank N.A. was fully satisfied on 19 Aug 2026.
Charges
A charge registered on 30 Jul 2008 via Charge ID 10120202 with Idbi Bank Limited was fully satisfied on 19 Aug 2026.
Filing
Aarti Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 500.00 Cr with Charge ID 101266861 was registered on 20 Mar 2026.
Charges
A charge registered on 24 Dec 2020 via Charge ID 100402524 with Citi Bank N.A. was fully satisfied on 23 Feb 2026.
Charges
A charge registered on 25 Feb 2021 via Charge ID 100426108 with Others was fully satisfied on 18 Feb 2026.
Charges
A charge registered on 29 Apr 2021 via Charge ID 100440219 with Sbicap Trustee Company Limited was fully satisfied on 05 Jan 2026.
Charges
A charge registered on 26 Jul 2019 via Charge ID 100280210 with Sbicap Trustee Company Limited was fully satisfied on 30 Oct 2025.
Charges
A charge registered on 30 Oct 2017 via Charge ID 100134799 with Axis Bank Limited was fully satisfied on 18 Sep 2025.

259 earlier events are in the company report.

News

Aarti Industries: Company Signs Long-Term Manufacturing and Supply Deal With Global Specialty Chemical Firm, Expected Revenue Around Rs. 1500 Cr.
13 Oct 2026 · Exchange Update
Aarti Industries: Company To Hold EGM On October 31 To Obtain Shareholder Approval For Fundraising Up To ₹1,000 Crore.
07 Oct 2026 · Exchange Update
Aarti Industries: Board Will Discuss Raising Funds Through Equity Shares, Debt Securities, Or Other Allowed Instruments On October 1.
28 Sep 2026 · Exchange Update
Aarti Industries: Plans Meeting With Analysts And Investors On September 22
16 Sep 2026 · Exchange Update

Frequently asked questions

Aarti Industries is an active public limited company based in Vapi, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 28 September 1984 (42+ years old) and is registered under CIN L24110GJ1984PLC007301. Listed on BSE: 524208 and NSE: AARTIIND.

Aarti Industries reported revenue of ₹8,286.1 Cr for FY 2025-26 (up 14% YoY) based on consolidated financials.

Aarti Industries has 16 current directors and KMP:

The latest financial statements of Aarti Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Aarti Industries is 24AABCA2787L1ZI, registered in Gujarat. The company has 12 GST registrations in all, of which 9 are active and 3 are cancelled or inactive. Other active GSTINs include 24AABCA2787L2ZH (Gujarat), 24AABCA2787L3ZG (Gujarat), 24AABCA2787L4ZF (Gujarat).

The CIN (Corporate Identification Number) of Aarti Industries is L24110GJ1984PLC007301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Aarti Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 524208) and NSE (symbol: AARTIIND).

Aarti Industries has 197 court cases on record: 111 filed by the company and 86 filed against it. 31 are pending. Most are in the district courts.

Aarti Industries was incorporated on 28 September 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Aarti Industries has 47 deals on record (41 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹24.7 Cr; the latest was in November 2024.

The peers of Aarti Industries by revenue are Mcpi Private Limited, Dow Chemical International Private Limited, India Glycols Limited, Deccan Fine Chemicals (India) Private Limited, Himadri Speciality Chemical Limited and 1 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).