Aries Agro Limited (Cn)

BSE: 532935 NSE: ARIES
Aries Agro Limited (Cn) - agriculture in Mumbai-43, Maharashtra, India. FY 2026 financials and compliance.
CIN L99999MH1969PLC014465 Incorporated 27 November 1969 ROC Mumbai HQ Mumbai-43, Maharashtra, India
Active Listed - NSE: ARIES · BSE: 532935 Public Limited Company agriculture
Data last updated
Revenue · FY 2026
₹740.06 Cr
▲ 18.94% YoY
EBITDA · FY 2026
₹88.86 Cr
▲ 22.93% YoY
Net profit · FY 2026
₹42.37 Cr
▲ 26.5% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13 Cr
Issued & subscribed
Open charges
₹249.21 Cr
Satisfied ₹187.76 Cr
Company age
57 yrs
Est. 1969
Last financials
Mar 2025
Balance sheet date

About Aries Agro Limited (Cn)

Data last updated: 05 January 2026

Aries Agro Limited (Cn) is a public limited company based in Mumbai-43, Maharashtra, India. It specialises in fertilizers and soil enhancers, a part of the broader agriculture sector. Incorporated on 27 November 1969, the company has been in operation for over 57 years.

Registered with ROC Mumbai under CIN L99999MH1969PLC014465. Listed on BSE: 532935 and NSE: ARIES.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹13 Cr. Formerly known as Aries Agro-Vet Industries Limited. It is led by directors including Balasubramaniam R V Iyer and Shailesh Ramesh Karnik.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Aries House Plot No; 24 Deonar Govandi East, Mumbai – 43, Maharashtra, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹627.06 Cr, a growth of 21% compared to the previous year.

Its group structure includes 2 subsidiaries.

The company is associated with 1 brand - Aries Agro. As per MCA filings, the company has open charges of ₹249.21 Cr and satisfied charges of ₹187.76 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 ariesagro.com.

Company Details of Aries Agro Limited (Cn)
CIN L99999MH1969PLC014465
Registration Number 014465
Incorporation Date 27 November 1969
ROC Mumbai
Listing Status Listed (BSE: 532935, NSE: ARIES)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Rahul Thakurdas Mirchandani Managing Director Balasubramaniam R V Iyer Director Shailesh Ramesh Karnik Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    ariesagro.com
  • Social Media
  • Registered Address
    Aries House Plot No; 24 Deonar Govandi East, Mumbai – 43, Maharashtra, India
  • Industry
    Agriculture, Fertilizers & Soil Enhancers
Company report
Aries Agro Limited (Cn) - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Aries Agro Limited (Cn) in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Aries Agro Limited (Cn)

Aries Agro Limited (Cn) has one previous CIN (Corporate Identification Number): U99999MH1969PLC014465. The current CIN is L99999MH1969PLC014465, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L99999MH1969PLC014465 Current
U99999MH1969PLC014465 Previous

Associated Brands with Aries Agro Limited (Cn)

Aries Agro Limited (Cn) operates one associated brand: Aries Agro. These brands represent Aries Agro Limited (Cn)'s diversified market presence and brand portfolio.

Brand Description Website
Aries Agro
Fertilizers, micronutrients, and farm equipment are manufactured for agriculture. ariesagro.com

Business Activity of Aries Agro Limited (Cn)

Aries Agro Limited (Cn) is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C13 Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities *********

Auditor Details of Aries Agro Limited (Cn)

Aries Agro Limited (Cn) is audited by KIRTI D SHAH AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-04-30) 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
KIRTI D SHAH AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-04-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Aries Agro Limited (Cn)

Aries Agro Limited (Cn) is currently managed by 8 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Balasubramaniam R V Iyer
Also directs: Aries Agro Limited (Cn)
Director 01 Feb 2024 2 Years 5 Months Current
Shailesh Ramesh Karnik
Also directs: Aries Agro Limited (Cn)
Director 14 Aug 2024 1 Years 10 Months Current
Rahul Thakurdas Mirchandani
Also directs: Tridimensium Technological Solutions Llp, Aries Agro Limited (Cn), Aries Agro Equipments Private Limited and 2 more
Managing Director 02 Feb 1994 32 Years 5 Months Current
Nrupang Bhumitra Dholakia
Also directs: Aries Agro Limited (Cn), Dholakia & Associates Llp, Rapicut Carbides Limited and 2 more
Director 15 Mar 2022 4 Years 3 Months Current
Nitya Mirchandani
Also directs: Aries Agro Limited (Cn), Aries Agro Equipments Private Limited, Mirabelle Agro Manufacturing Private Limited and 1 more
Director 30 May 2014 12 Years 1 Months Current
Ramamurthy Sundaresan
Also directs: Aries Agro Limited (Cn), Mirabelle Agro Manufacturing Private Limited, Aries Marketing Private Limited
Director 14 Feb 2025 1 Years 4 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Aries Agro Limited (Cn) FY 2026 filings available

Aries Agro Limited (Cn) reported revenue of ₹740.06 Cr (up 18.94% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹740.06 Cr ▲ 18.94%
Profit · FY 2026
₹42.37 Cr ▲ 26.5%
EBITDA · FY 2026
₹88.86 Cr ▲ 22.93%
Revenue₹ Cr · Consolidated0250500750FY 2020: ₹296 Cr296FY 2020FY 2021: ₹381 Cr · +28.8% YoY381+28.8%FY 2021FY 2022: ₹440 Cr · +15.4% YoY440+15.4%FY 2022FY 2023: ₹472 Cr · +7.3% YoY472+7.3%FY 2023FY 2024: ₹516 Cr · +9.4% YoY516+9.4%FY 2024FY 2025: ₹622 Cr · +20.5% YoY622+20.5%FY 2025FY 2026: ₹740 Cr · +18.9% YoY740+18.9%FY 2026
Net Profit₹ Cr · Consolidated0204060FY 2020: ₹8 Cr7.8FY 2020FY 2021: ₹16 Cr · +110.3% YoY16.4+110.3%FY 2021FY 2022: ₹12 Cr · -29.2% YoY11.6-29.2%FY 2022FY 2023: ₹16 Cr · +37.3% YoY15.9+37.3%FY 2023FY 2024: ₹18 Cr · +15.5% YoY18.4+15.5%FY 2024FY 2025: ₹33 Cr · +82% YoY33.5+82%FY 2025FY 2026: ₹42 Cr · +26.5% YoY42.4+26.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200300Q1'25: ₹135 Cr · +26.1% YoY135+26.1%Q1'25Q2'25: ₹192 Cr · +22.6% YoY192+22.6%Q2'25Q3'25: ₹168 Cr · +14.4% YoY168+14.4%Q3'25Q4'25: ₹127 Cr · +20.1% YoY127+20.1%Q4'25Q1'26: ₹160 Cr · +18.2% YoY160+18.2%Q1'26Q2'26: ₹200 Cr · +4.1% YoY200+4.1%Q2'26Q3'26: ₹201 Cr · +19.6% YoY201+19.6%Q3'26Q4'26: ₹179 Cr · +41.1% YoY179+41.1%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹740.06 Cr ₹622.22 Cr ₹516.46 Cr ₹472.24 Cr ₹440.03 Cr ₹381.47 Cr ₹296.14 Cr
Other Income ₹12.71 Cr ₹4.84 Cr ₹2.97 Cr ₹8.84 Cr ₹3.91 Cr ₹27 Lakh ₹7.24 Cr
Total Income ₹752.77 Cr ₹627.06 Cr ₹519.43 Cr ₹481.08 Cr ₹443.94 Cr ₹381.74 Cr ₹303.39 Cr
Cost of Materials Consumed ₹247.15 Cr ₹202.45 Cr ₹175.1 Cr ₹154.35 Cr ₹146.08 Cr ₹176.49 Cr ₹82.73 Cr
Purchases of Stock-in-Trade ₹156.82 Cr ₹115.41 Cr ₹85.79 Cr ₹79.28 Cr ₹71.98 Cr ₹0 ₹46.62 Cr
Changes in Inventories -₹13.03 Cr ₹3.89 Cr -₹51.75 Lakh ₹12.83 Cr ₹12.16 Cr ₹11.33 Cr -₹4.42 Cr
Employee Benefit Expense ₹79.15 Cr ₹67.45 Cr ₹58.14 Cr ₹52.1 Cr ₹46.16 Cr ₹41.07 Cr ₹39.79 Cr
Finance Costs ₹17.72 Cr ₹18.56 Cr ₹22.28 Cr ₹23.38 Cr ₹24.47 Cr ₹25.96 Cr ₹25.53 Cr
Depreciation & Amortisation ₹10.85 Cr ₹9.34 Cr ₹7.74 Cr ₹7.84 Cr ₹5.78 Cr ₹6.44 Cr ₹5.36 Cr
Other Expenses ₹193.82 Cr ₹165.57 Cr ₹142.52 Cr ₹125.93 Cr ₹117.02 Cr ₹95.82 Cr ₹91.66 Cr
Total Expenses ₹692.48 Cr ₹582.67 Cr ₹491.05 Cr ₹455.71 Cr ₹423.66 Cr ₹357.13 Cr ₹287.27 Cr
Profit Before Exceptional Items & Tax ₹60.29 Cr ₹44.39 Cr ₹28.38 Cr ₹25.37 Cr ₹20.28 Cr ₹24.61 Cr ₹16.12 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹60.29 Cr ₹44.39 Cr ₹28.38 Cr ₹25.37 Cr ₹20.28 Cr ₹24.61 Cr ₹16.12 Cr
Total Tax Expense ₹17.92 Cr ₹10.89 Cr ₹9.98 Cr ₹9.44 Cr ₹7.34 Cr ₹7.44 Cr ₹7.48 Cr
Net Profit ₹42.37 Cr ₹33.49 Cr ₹18.4 Cr ₹15.93 Cr ₹11.6 Cr ₹16.4 Cr ₹7.8 Cr
  attributable to Owners ₹42.85 Cr ₹34.02 Cr ₹19.43 Cr ₹17.13 Cr ₹13.29 Cr ₹17.96 Cr ₹9.74 Cr
  attributable to NCI -₹48.38 Lakh -₹52.93 Lakh -₹1.03 Cr -₹1.2 Cr -₹1.69 Cr -₹1.56 Cr -₹1.94 Cr
Other Comprehensive Income ₹65.7 Lakh -₹4.28 Cr -₹21.68 Lakh -₹57.48 Lakh ₹2.55 Lakh -₹18.68 Lakh -₹97.2 Lakh
Total Comprehensive Income ₹43.03 Cr ₹29.21 Cr ₹18.18 Cr ₹15.35 Cr ₹11.63 Cr ₹16.21 Cr ₹6.83 Cr
EBITDA (computed) ₹88.86 Cr ₹72.28 Cr ₹58.4 Cr ₹56.58 Cr ₹50.54 Cr ₹57.02 Cr ₹47.02 Cr
Basic EPS ₹32.95 ₹26.16 ₹14.94 ₹13.17 ₹10.22 ₹13.81 ₹7.49
Diluted EPS ₹32.95 ₹26.16 ₹14.94 ₹13.17 ₹10.22 ₹13.81 ₹7.49
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹638.84 Cr ₹581.42 Cr ₹517.5 Cr ₹519.84 Cr
Non-current Assets ₹221.37 Cr ₹184.3 Cr ₹160.95 Cr ₹137.38 Cr
Current Assets ₹417.47 Cr ₹397.12 Cr ₹356.55 Cr ₹382.47 Cr
Property, Plant & Equipment ₹115.89 Cr ₹109.78 Cr ₹95.96 Cr ₹74.96 Cr
Inventories ₹143.89 Cr ₹132.84 Cr ₹126.41 Cr ₹143.88 Cr
Trade Receivables ₹92.3 Cr ₹117.71 Cr ₹113.2 Cr ₹118.28 Cr
Cash & Equivalents ₹24.76 Cr ₹28.58 Cr ₹2.43 Cr ₹1.86 Cr
Equity (Net Worth) ₹338.1 Cr ₹293.44 Cr ₹264.63 Cr ₹247.15 Cr
Equity Share Capital ₹13 Cr ₹13 Cr ₹13 Cr ₹13 Cr
Borrowings (Non-current) ₹30.74 Cr ₹32.47 Cr ₹26.18 Cr ₹21.75 Cr
Borrowings (Current) ₹19.9 Cr ₹11.79 Cr ₹44.17 Cr ₹73.79 Cr
Total Debt (computed) ₹50.64 Cr ₹44.25 Cr ₹70.35 Cr ₹95.54 Cr
Current Liabilities ₹246.73 Cr ₹235.11 Cr ₹212.61 Cr ₹237.74 Cr
Total Liabilities ₹300.74 Cr ₹287.98 Cr ₹252.86 Cr ₹272.69 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹86.08 Cr ₹105.26 Cr ₹76.54 Cr ₹54.5 Cr ₹68.74 Cr
Investing Cash Flow -₹77.72 Cr -₹34.33 Cr -₹26.23 Cr -₹16.36 Cr -₹12.68 Cr
Financing Cash Flow -₹12.18 Cr -₹44.78 Cr -₹49.73 Cr -₹37 Cr -₹56.03 Cr
Capital Expenditure ₹48.62 Cr ₹32.5 Cr ₹30.46 Cr ₹15.54 Cr ₹6.45 Cr
Free Cash Flow (computed) ₹37.45 Cr ₹72.76 Cr ₹46.08 Cr ₹38.96 Cr ₹62.29 Cr
Dividends Paid ₹1.56 Cr ₹1.3 Cr ₹1.3 Cr ₹1.04 Cr ₹1.04 Cr
Net Change in Cash -₹3.82 Cr ₹26.15 Cr ₹57.35 Lakh ₹1.14 Cr ₹2.67 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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 ₹179.22 Cr ₹200.94 Cr ₹199.87 Cr ₹159.77 Cr ₹127.02 Cr ₹168.05 Cr ₹192 Cr ₹135.15 Cr ₹105.79 Cr ₹146.95 Cr ₹156.57 Cr ₹107.16 Cr
Other Income ₹5.58 Cr ₹1.56 Cr ₹4.45 Cr ₹1.38 Cr ₹75.01 Lakh ₹2.31 Cr ₹1.66 Cr ₹25.17 Lakh ₹99.59 Lakh ₹20.05 Lakh ₹1.64 Cr ₹21.44 Lakh
Total Income ₹184.8 Cr ₹202.5 Cr ₹204.32 Cr ₹161.16 Cr ₹127.77 Cr ₹170.36 Cr ₹193.65 Cr ₹135.4 Cr ₹106.78 Cr ₹147.15 Cr ₹158.21 Cr ₹107.37 Cr
Cost of Materials Consumed ₹59.57 Cr ₹78.59 Cr ₹71.59 Cr ₹37.39 Cr ₹47.56 Cr ₹57.74 Cr ₹68.12 Cr ₹29.03 Cr ₹39.43 Cr ₹51.05 Cr ₹54.25 Cr ₹30.38 Cr
Purchases of Stock-in-Trade ₹57.37 Cr ₹29.13 Cr ₹30.34 Cr ₹39.98 Cr ₹30.34 Cr ₹22.62 Cr ₹25.98 Cr ₹36.47 Cr ₹19.74 Cr ₹14.86 Cr ₹21.38 Cr ₹29.81 Cr
Changes in Inventories -₹7.2 Cr -₹8.56 Cr -₹3.15 Cr ₹5.89 Cr -₹7.05 Cr ₹2.68 Cr ₹4.89 Cr ₹3.37 Cr -₹27.57 Lakh ₹5.43 Cr ₹1.13 Cr -₹6.81 Cr
Employee Benefit Expense ₹23.05 Cr ₹20.16 Cr ₹18.75 Cr ₹17.19 Cr ₹18.41 Cr ₹18.26 Cr ₹16.14 Cr ₹14.64 Cr ₹12.51 Cr ₹17.59 Cr ₹15.39 Cr ₹12.64 Cr
Finance Costs ₹3.37 Cr ₹1.96 Cr ₹7.54 Cr ₹4.84 Cr ₹2.84 Cr ₹4.81 Cr ₹7.87 Cr ₹3.03 Cr ₹5.32 Cr ₹3.81 Cr ₹9.45 Cr ₹3.77 Cr
Depreciation & Amortisation ₹3.03 Cr ₹2.78 Cr ₹2.56 Cr ₹2.48 Cr ₹3.01 Cr ₹2.11 Cr ₹2.42 Cr ₹1.79 Cr ₹1.98 Cr ₹1.86 Cr ₹2.11 Cr ₹1.79 Cr
Other Expenses ₹51.7 Cr ₹54.61 Cr ₹48.62 Cr ₹38.9 Cr ₹37.54 Cr ₹47.47 Cr ₹44.22 Cr ₹36.45 Cr ₹36.22 Cr ₹41.17 Cr ₹36.57 Cr ₹28.56 Cr
Total Expenses ₹190.9 Cr ₹178.66 Cr ₹176.27 Cr ₹146.66 Cr ₹132.65 Cr ₹155.69 Cr ₹169.66 Cr ₹124.79 Cr ₹114.92 Cr ₹135.78 Cr ₹140.28 Cr ₹100.14 Cr
Profit Before Exceptional Items & Tax -₹6.1 Cr ₹23.84 Cr ₹28.05 Cr ₹14.49 Cr -₹4.89 Cr ₹14.67 Cr ₹24 Cr ₹10.61 Cr -₹8.14 Cr ₹11.36 Cr ₹17.93 Cr ₹7.23 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹6.1 Cr ₹23.84 Cr ₹28.05 Cr ₹14.49 Cr -₹4.89 Cr ₹14.67 Cr ₹24 Cr ₹10.61 Cr -₹8.14 Cr ₹11.36 Cr ₹17.93 Cr ₹7.23 Cr
Total Tax Expense -₹1.31 Cr ₹6.53 Cr ₹8.14 Cr ₹4.56 Cr -₹97.77 Lakh ₹3.18 Cr ₹5.24 Cr ₹3.45 Cr -₹1.86 Cr ₹3.67 Cr ₹5.56 Cr ₹2.61 Cr
Net Profit -₹4.79 Cr ₹17.31 Cr ₹19.92 Cr ₹9.93 Cr -₹3.91 Cr ₹11.48 Cr ₹18.76 Cr ₹7.16 Cr -₹6.28 Cr ₹7.69 Cr ₹12.37 Cr ₹4.62 Cr
  attributable to Owners -₹4.42 Cr ₹17.24 Cr ₹20.01 Cr ₹10.03 Cr -₹3.69 Cr ₹11.58 Cr ₹18.87 Cr ₹7.27 Cr -₹5.62 Cr ₹7.81 Cr ₹12.49 Cr ₹4.75 Cr
  attributable to NCI -₹36.87 Lakh ₹7.06 Lakh -₹8.95 Lakh -₹9.62 Lakh -₹21.67 Lakh -₹9.87 Lakh -₹10.73 Lakh -₹10.67 Lakh -₹66.36 Lakh -₹11.67 Lakh -₹11.96 Lakh -₹13.18 Lakh
Other Comprehensive Income ₹53.59 Lakh -₹33.44 Lakh ₹29.93 Lakh ₹15.64 Lakh -₹54.64 Lakh ₹54.81 Lakh -₹3.7 Cr -₹58.53 Lakh ₹13.91 Lakh ₹30.24 Lakh -₹4.97 Lakh -₹60.86 Lakh
Total Comprehensive Income -₹4.25 Cr ₹16.97 Cr ₹20.22 Cr ₹10.09 Cr -₹4.46 Cr ₹12.03 Cr ₹15.06 Cr ₹6.57 Cr -₹6.14 Cr ₹7.99 Cr ₹12.32 Cr ₹4.01 Cr
EBITDA (computed) ₹30.99 Lakh ₹28.58 Cr ₹38.16 Cr ₹21.81 Cr ₹96.33 Lakh ₹21.59 Cr ₹34.29 Cr ₹15.44 Cr -₹84.16 Lakh ₹17.04 Cr ₹29.49 Cr ₹12.79 Cr
Basic EPS ₹-3.40 ₹13.26 ₹15.39 ₹7.71 ₹-2.84 ₹8.91 ₹14.51 ₹5.59 ₹-4.32 ₹6.00 ₹9.61 ₹3.65
Diluted EPS ₹-3.40 ₹13.26 ₹15.39 ₹7.71 ₹-2.84 ₹8.91 ₹14.51 ₹5.59 ₹-4.32 ₹6.00 ₹9.61 ₹3.65
Latest 12 quarters shown of 25 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹701.83 Cr ₹597.68 Cr ₹507.72 Cr ₹469.88 Cr ₹439.47 Cr ₹381.46 Cr ₹296.14 Cr
Other Income ₹16.08 Cr ₹7.9 Cr ₹6.34 Cr ₹13.28 Cr ₹8.83 Cr ₹5.23 Cr ₹12.16 Cr
Total Income ₹717.91 Cr ₹605.58 Cr ₹514.06 Cr ₹483.16 Cr ₹448.3 Cr ₹386.69 Cr ₹308.31 Cr
Cost of Materials Consumed ₹257.48 Cr ₹205.86 Cr ₹173.55 Cr ₹159.67 Cr ₹150.63 Cr ₹176.49 Cr ₹82.73 Cr
Purchases of Stock-in-Trade ₹136.23 Cr ₹101.98 Cr ₹82.52 Cr ₹74.72 Cr ₹67.79 Cr ₹0 ₹46.62 Cr
Changes in Inventories -₹15.14 Cr ₹6.92 Cr -₹60.76 Lakh ₹13.16 Cr ₹12.16 Cr ₹11.33 Cr -₹4.42 Cr
Employee Benefit Expense ₹77.62 Cr ₹65.21 Cr ₹56.67 Cr ₹50.82 Cr ₹45.28 Cr ₹40.92 Cr ₹39.65 Cr
Finance Costs ₹16.62 Cr ₹17.66 Cr ₹21.99 Cr ₹23.14 Cr ₹24.3 Cr ₹25.93 Cr ₹25.52 Cr
Depreciation & Amortisation ₹9.59 Cr ₹8.31 Cr ₹7.43 Cr ₹7.62 Cr ₹5.65 Cr ₹6.38 Cr ₹5.36 Cr
Other Expenses ₹182.07 Cr ₹158.43 Cr ₹140.71 Cr ₹124.67 Cr ₹115.93 Cr ₹95.54 Cr ₹89.76 Cr
Total Expenses ₹664.46 Cr ₹564.38 Cr ₹482.26 Cr ₹453.81 Cr ₹421.75 Cr ₹356.61 Cr ₹285.22 Cr
Profit Before Exceptional Items & Tax ₹53.45 Cr ₹41.2 Cr ₹31.81 Cr ₹29.36 Cr ₹26.55 Cr ₹30.08 Cr ₹23.09 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹53.45 Cr ₹41.2 Cr ₹31.81 Cr ₹29.36 Cr ₹26.55 Cr ₹30.08 Cr ₹23.09 Cr
Total Tax Expense ₹15.08 Cr ₹8.95 Cr ₹9.99 Cr ₹9.12 Cr ₹7.53 Cr ₹7.44 Cr ₹7.48 Cr
Net Profit ₹38.37 Cr ₹32.25 Cr ₹21.81 Cr ₹20.23 Cr ₹19.02 Cr ₹22.64 Cr ₹15.61 Cr
Other Comprehensive Income ₹84.83 Lakh -₹4.23 Cr -₹18.57 Lakh -₹38.06 Lakh ₹14.01 Lakh -₹28.54 Lakh -₹63.07 Lakh
Total Comprehensive Income ₹39.22 Cr ₹28.02 Cr ₹21.63 Cr ₹19.85 Cr ₹19.16 Cr ₹22.35 Cr ₹14.98 Cr
EBITDA (computed) ₹79.66 Cr ₹67.18 Cr ₹61.23 Cr ₹60.11 Cr ₹56.51 Cr ₹62.4 Cr ₹53.97 Cr
Basic EPS ₹29.51 ₹24.80 ₹16.77 ₹15.56 ₹14.63 ₹17.41 ₹12.00
Diluted EPS ₹29.51 ₹24.80 ₹16.77 ₹15.56 ₹14.63 ₹17.41 ₹12.00
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹590.97 Cr ₹547.62 Cr ₹491.12 Cr ₹497.39 Cr
Non-current Assets ₹165.64 Cr ₹129.98 Cr ₹107.6 Cr ₹92.36 Cr
Current Assets ₹425.34 Cr ₹417.64 Cr ₹383.51 Cr ₹405.03 Cr
Property, Plant & Equipment ₹96.18 Cr ₹91.51 Cr ₹77.1 Cr ₹69.47 Cr
Inventories ₹129.4 Cr ₹122.38 Cr ₹124.04 Cr ₹142.79 Cr
Trade Receivables ₹87.45 Cr ₹113.31 Cr ₹106.51 Cr ₹107.77 Cr
Cash & Equivalents ₹24.69 Cr ₹28.43 Cr ₹72.23 Lakh ₹1.35 Cr
Equity (Net Worth) ₹312.17 Cr ₹274.51 Cr ₹247.79 Cr ₹227.46 Cr
Equity Share Capital ₹13 Cr ₹13 Cr ₹13 Cr ₹13 Cr
Borrowings (Non-current) ₹27.74 Cr ₹27.86 Cr ₹19.55 Cr ₹20.62 Cr
Borrowings (Current) ₹11.01 Cr ₹7.37 Cr ₹42.16 Cr ₹73.14 Cr
Total Debt (computed) ₹38.74 Cr ₹35.23 Cr ₹61.72 Cr ₹93.76 Cr
Current Liabilities ₹233.81 Cr ₹227.21 Cr ₹210.09 Cr ₹236.39 Cr
Total Liabilities ₹278.8 Cr ₹273.11 Cr ₹243.33 Cr ₹269.93 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹81.28 Cr ₹100.69 Cr ₹73.58 Cr ₹52.68 Cr ₹65.99 Cr
Investing Cash Flow -₹69.98 Cr -₹28.62 Cr -₹17.93 Cr -₹15.46 Cr -₹8.21 Cr
Financing Cash Flow -₹15.03 Cr -₹44.37 Cr -₹56.28 Cr -₹36.53 Cr -₹57.56 Cr
Capital Expenditure ₹45.94 Cr ₹31.04 Cr ₹16.68 Cr ₹0 ₹4.17 Cr
Free Cash Flow (computed) ₹35.35 Cr ₹69.65 Cr ₹56.9 Cr ₹52.68 Cr ₹61.82 Cr
Dividends Paid ₹1.56 Cr ₹1.3 Cr ₹1.3 Cr ₹1.04 Cr ₹1.04 Cr
Net Change in Cash -₹3.73 Cr ₹27.7 Cr ₹72.23 Lakh ₹1.35 Cr ₹22.06 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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 ₹170.78 Cr ₹189.05 Cr ₹187.68 Cr ₹154.18 Cr ₹120.1 Cr ₹159.43 Cr ₹181.03 Cr ₹137.12 Cr ₹103.49 Cr ₹143.67 Cr ₹154.11 Cr ₹106.44 Cr
Other Income ₹6.27 Cr ₹2.44 Cr ₹5.48 Cr ₹2.04 Cr ₹1.44 Cr ₹3.05 Cr ₹2.33 Cr ₹1.08 Cr ₹1.67 Cr ₹71.86 Lakh ₹2.75 Cr ₹1.21 Cr
Total Income ₹177.05 Cr ₹191.49 Cr ₹193.15 Cr ₹156.22 Cr ₹121.54 Cr ₹162.48 Cr ₹183.36 Cr ₹138.2 Cr ₹105.16 Cr ₹144.39 Cr ₹156.86 Cr ₹107.65 Cr
Cost of Materials Consumed ₹66.03 Cr ₹80.12 Cr ₹73.04 Cr ₹38.28 Cr ₹47.02 Cr ₹57.94 Cr ₹67.28 Cr ₹33.62 Cr ₹39.13 Cr ₹50.31 Cr ₹53.47 Cr ₹30.64 Cr
Purchases of Stock-in-Trade ₹47.94 Cr ₹25.87 Cr ₹23.87 Cr ₹38.55 Cr ₹27.96 Cr ₹17.41 Cr ₹21.56 Cr ₹35.06 Cr ₹18.74 Cr ₹13.65 Cr ₹20.52 Cr ₹29.61 Cr
Changes in Inventories -₹8.04 Cr -₹9.29 Cr -₹2.94 Cr ₹5.12 Cr -₹4.67 Cr ₹2.67 Cr ₹5.52 Cr ₹3.4 Cr -₹40.38 Lakh ₹5.14 Cr ₹1.62 Cr -₹6.97 Cr
Employee Benefit Expense ₹23.18 Cr ₹19.52 Cr ₹18.29 Cr ₹16.63 Cr ₹17.98 Cr ₹17.43 Cr ₹15.47 Cr ₹14.33 Cr ₹12.14 Cr ₹17.01 Cr ₹15.12 Cr ₹12.39 Cr
Finance Costs ₹3.03 Cr ₹1.64 Cr ₹7.3 Cr ₹4.65 Cr ₹2.62 Cr ₹4.57 Cr ₹7.65 Cr ₹2.82 Cr ₹5.29 Cr ₹3.7 Cr ₹9.29 Cr ₹3.71 Cr
Depreciation & Amortisation ₹2.53 Cr ₹2.53 Cr ₹2.29 Cr ₹2.24 Cr ₹2.71 Cr ₹1.85 Cr ₹2.12 Cr ₹1.63 Cr ₹1.85 Cr ₹1.8 Cr ₹2.05 Cr ₹1.73 Cr
Other Expenses ₹46.44 Cr ₹51.9 Cr ₹46.69 Cr ₹37.05 Cr ₹34.34 Cr ₹45.79 Cr ₹42.33 Cr ₹35.97 Cr ₹35.69 Cr ₹40.68 Cr ₹36.09 Cr ₹28.24 Cr
Total Expenses ₹181.09 Cr ₹172.3 Cr ₹168.55 Cr ₹142.52 Cr ₹127.97 Cr ₹147.66 Cr ₹161.92 Cr ₹126.82 Cr ₹112.43 Cr ₹132.29 Cr ₹138.17 Cr ₹99.37 Cr
Profit Before Exceptional Items & Tax -₹4.04 Cr ₹19.19 Cr ₹24.61 Cr ₹13.69 Cr -₹6.43 Cr ₹14.82 Cr ₹21.43 Cr ₹11.38 Cr -₹7.27 Cr ₹12.1 Cr ₹18.68 Cr ₹8.28 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹4.04 Cr ₹19.19 Cr ₹24.61 Cr ₹13.69 Cr -₹6.43 Cr ₹14.82 Cr ₹21.43 Cr ₹11.38 Cr -₹7.27 Cr ₹12.1 Cr ₹18.68 Cr ₹8.28 Cr
Total Tax Expense -₹56.34 Lakh ₹4.9 Cr ₹6.22 Cr ₹4.52 Cr -₹1.81 Cr ₹3.02 Cr ₹4.33 Cr ₹3.41 Cr -₹1.69 Cr ₹3.63 Cr ₹5.48 Cr ₹2.58 Cr
Net Profit -₹3.48 Cr ₹14.29 Cr ₹18.39 Cr ₹9.17 Cr -₹4.62 Cr ₹11.8 Cr ₹17.1 Cr ₹7.96 Cr -₹5.57 Cr ₹8.47 Cr ₹13.21 Cr ₹5.71 Cr
Other Comprehensive Income ₹70.89 Lakh -₹34.66 Lakh ₹32.84 Lakh ₹15.77 Lakh -₹51.82 Lakh ₹56.95 Lakh -₹3.69 Cr -₹58.53 Lakh ₹15.6 Lakh ₹30.38 Lakh -₹3.69 Lakh -₹60.87 Lakh
Total Comprehensive Income -₹2.77 Cr ₹13.94 Cr ₹18.72 Cr ₹9.33 Cr -₹5.13 Cr ₹12.37 Cr ₹13.41 Cr ₹7.38 Cr -₹5.42 Cr ₹8.78 Cr ₹13.17 Cr ₹5.1 Cr
EBITDA (computed) ₹1.51 Cr ₹23.37 Cr ₹34.2 Cr ₹20.58 Cr -₹1.1 Cr ₹21.24 Cr ₹31.2 Cr ₹15.83 Cr -₹13.14 Lakh ₹17.6 Cr ₹30.03 Cr ₹13.73 Cr
Basic EPS ₹-2.68 ₹10.99 ₹14.14 ₹7.05 ₹-3.55 ₹9.07 ₹13.15 ₹6.12 ₹-4.29 ₹6.52 ₹10.16 ₹4.39
Diluted EPS ₹-2.68 ₹10.99 ₹14.14 ₹7.05 ₹-3.55 ₹9.07 ₹13.15 ₹6.12 ₹-4.29 ₹6.52 ₹10.16 ₹4.39
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Aries Agro Limited (Cn). The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Aries Agro Limited (Cn)

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 52.66%, foreign institutional investors hold 3.25%, retail and other public shareholders hold 44.09% of Aries Agro Limited (Cn). The company had 18,347 shareholders on record.

Promoters: 52.66%FII (Foreign Institutional): 3.25%Retail & Others: 44.09%
Mar 2026
QUARTER
52.66% Promoters
3.25% FII (Foreign Institutional)
44.09% Retail & Others
Promoter holding - history
Now 52.66% · Mar 2026High 52.74% · Dec 2015Low 51.11% · Jun 2020
50%51%52%53%54%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 52.74%Mar 2016: 52.74%Jun 2016: 52.74%Sep 2016: 52.74%Dec 2016: 52.66%Mar 2017: 52.66%Jun 2017: 52.66%Sep 2017: 52.66%Dec 2017: 52.66%Mar 2018: 52.66%Jun 2018: 52.66%Sep 2018: 52.66%Dec 2018: 52.66%Mar 2019: 52.66%Jun 2019: 52.66%Sep 2019: 52.66%Dec 2019: 52.66%Mar 2020: 52.66%Jun 2020: 51.11%Sep 2020: 52.66%Dec 2020: 52.66%Mar 2021: 52.66%Jun 2021: 52.66%Sep 2021: 52.66%Dec 2021: 52.66%Mar 2022: 52.66%Jun 2022: 52.66%Sep 2022: 52.66%Dec 2022: 52.66%Mar 2023: 52.66%Jun 2023: 52.66%Sep 2023: 52.66%Dec 2023: 52.66%Mar 2024: 52.66%Jun 2024: 52.66%Sep 2024: 52.66%Dec 2024: 52.66%Mar 2025: 52.66%Jun 2025: 52.66%Sep 2025: 52.66%Dec 2025: 52.66%Mar 2026: 52.66%52.74%51.11%52.66%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters52.66%52.66%52.66%52.66%52.66%52.66%
Public47.34%47.34%47.34%47.34%47.34%47.34%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters52.66%52.66%52.66%52.66%52.66%52.66%52.66%52.66%52.66%52.66%52.74%
Public47.34%47.34%47.34%47.34%47.34%47.34%47.34%47.34%47.34%47.34%47.26%
Promoter change (YoY, %pts)+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00-0.08-

Board & Governance of Aries Agro Limited (Cn)

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Aries Agro Limited (Cn) has 6 directors - 3 independent and 1 executive. The board is chaired by RAHUL MIRCHANDANI.

DirectorPositionOn board sinceListed boards
RAHUL MIRCHANDANI Executive Director · MD · Chairperson 1994-02-02 1
NITYA MIRCHANDANI Non-Executive - Non Independent Director 2014-05-30 1
RAMAMURTHY SUNDARESAN Non-Executive - Non Independent Director 2025-02-14 1
NRUPANG BHUMITRA DHOLAKIA Non-Executive - Independent Director 2022-03-15 2
R.V.BALASUBRAMANIAM IYER Non-Executive - Independent Director 2024-02-01 1
SHAILESH RAMESH KARNIK Non-Executive - Independent Director 2024-08-14 1
Board Committees
CommitteeMembers
Audit Committee NRUPANG BHUMITRA DHOLAKIA (Chairperson), NITYA MIRCHANDANI, R.V.BALASUBRAMANIAM IYER, SHAILESH RAMESH KARNIK
Nomination and remuneration committee R.V.BALASUBRAMANIAM IYER (Chairperson), NRUPANG BHUMITRA DHOLAKIA, SHAILESH RAMESH KARNIK
Stakeholders Relationship Committee NRUPANG BHUMITRA DHOLAKIA (Chairperson), RAHUL MIRCHANDANI, NITYA MIRCHANDANI
Corporate Social Responsibility Committee RAHUL MIRCHANDANI (Chairperson), NITYA MIRCHANDANI, NRUPANG BHUMITRA DHOLAKIA

Group Structure of Aries Agro Limited (Cn)

Aries Agro Limited (Cn) has 2 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Aries Agro Limited (Cn)'s business expansion strategy and organizational complexity.

2
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Aries Agro Equipments Private Limited U01403MH2007PTC166972 -
Mirabelle Agro Manufacturing Private Limited U24303MH2019PTC335076 -

Showing major subsidiaries. Total: 2.

Charges & Borrowings of Aries Agro Limited (Cn)

Open charges
₹249.21 Cr
Satisfied charges
₹187.76 Cr
Breakdown by lending institutions
Others₹121.51 Cr
Hdfc Bank Limited₹92.69 Cr
Yes Bank Limited₹35.00 Cr
Latest charge details
DateLenderAmountStatus
25 Nov 2025 Hdfc Bank Limited ₹5.61 Lakh Open
25 Nov 2025 Hdfc Bank Limited ₹5.29 Lakh Open
25 Nov 2025 Hdfc Bank Limited ₹5.29 Lakh Open
25 Nov 2025 Hdfc Bank Limited ₹5.29 Lakh Open
25 Nov 2025 Hdfc Bank Limited ₹5.61 Lakh Open

Total charge records: 291 View all charges

Employees and EPFO Compliance at Aries Agro Limited (Cn)

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Aries Agro Limited (Cn)

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Monthly employee headcount & PF contributions
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Year-wise workforce analytics & attrition trends
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GST Compliance of Aries Agro Limited (Cn)

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Aries Agro Limited (Cn)

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Aries Agro Limited (Cn)

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Aries Agro Limited (Cn)

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
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Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Aries Agro Limited (Cn)

MSME Payment Delays by Aries Agro Limited (Cn)

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Aries Agro Limited (Cn)

Subsidiaries & Group Companies of Aries Agro Limited (Cn)

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Aries Agro Limited (Cn)

MCA Filings & Documents of Aries Agro Limited (Cn)

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Aries Agro Limited (Cn)

Charges
25 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 101197924 was registered on 25 Nov 2025.
Charges
25 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 101197927 was registered on 25 Nov 2025.
Charges
25 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 101197936 was registered on 25 Nov 2025.
Charges
25 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 101197931 was registered on 25 Nov 2025.
Charges
25 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 101206396 was registered on 25 Nov 2025.
Charges
19 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101194988 was registered on 19 Nov 2025.

Recent News on Aries Agro Limited (Cn)

Agromin added as Dr. Earth dealer
07 May 2019 · Lawn & Landscape
Aries Agro wins ‘Skoch Gold Award’
20 Mar 2017 · Finalaya

Frequently Asked Questions about Aries Agro Limited (Cn)

Aries Agro Limited (Cn) is an active public limited company in the agriculture sector based in Mumbai-43, Maharashtra, India. It was incorporated on 27 November 1969 (57+ years old) and is registered under CIN L99999MH1969PLC014465. Listed on BSE: 532935 and NSE: ARIES.

Aries Agro Limited (Cn) reported revenue of ₹627.06 Cr for FY 2025 (up 21.00% YoY).

The current directors of Aries Agro Limited (Cn) are:

The primary industry of Aries Agro Limited (Cn) is agriculture. The company specifically operates in fertilizers and soil enhancers. The company is currently active in this sector.

Yes. Aries Agro Limited (Cn) is listed on both BSE (code: 532935) and NSE (symbol: ARIES).

Aries Agro Limited (Cn) can be reached at the registered office: Aries House Plot No; 24 Deonar Govandi East, Mumbai – 43, Maharashtra, India, or through the website ariesagro.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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