Aarti Industries Ltd
About
Aarti Industries Limited (AIL) was established in 1984 to manufacture specialty chemicals. Its offerings include agrochemicals, polymers, pigments, additives, surfactants, and dyes. The business is divided into 3 primary verticals: by chemistry, by end use, and by value chain. Chemistry offerings include chlorination, nitration, hydrolysis, and more. The end-use vertical provides fertilisers, food beverages, refinery and oil field chemicals, and more. By value chain, AIL offers sulphur, dinitrochlorobenzene, and more. Out of its 16 manufacturing facilities in India, 11 are zero liquid discharge facilities. Its R&D centre in Navi Mumbai is also a fully paperless facility with the electronic laboratory system in place for data capturing. Its other 2 R&D facilities are located in Vapi and Jagadia in Gujarat.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6474 -1.2% | 6554 4.1% | 6297 38.1% | 4560 8.7% | 4194 -0.8% | 4229 7.9% | 3920 22.6% | 3197 7.9% | 2963 2.2% | 2900 7.2% | 2706 24.6% | 2171 27.7% | 1700 15.5% | 1472 10.8% | 1329 -8.4% | 1451 - |
| Net Operating Income (INR Cr) | 6372 -3.72% | 6619 8.76% | 6086 35.05% | 4506 7.64% | 4186 0.45% | 4168 9.50% | 3806 20.31% | 3163 5.22% | 3007 3.39% | 2908 10.46% | 2632 25.58% | 2096 25.28% | 1673 15.16% | 1453 12.00% | 1297 -10.58% | 1451 62.65% |
| Profit (INR Cr) | 416 -23.6% | 545 -54.0% | 1186 126.5% | 523 -2.4% | 536 9.0% | 492 47.7% | 333 5.4% | 316 22.9% | 257 24.8% | 206 26.7% | 162 20.9% | 134 30.2% | 103 26.7% | 81 19.0% | 68 -21.3% | 87 - |
| Assets (INR Cr) | 8708 8.2% | 8045 9.8% | 7327 11.3% | 6583 15.1% | 5722 7.6% | 5319 39.9% | 3802 27.2% | 2991 20.5% | 2481 -2.0% | 2531 16.0% | 2182 19.2% | 1830 31.1% | 1396 17.5% | 1188 31.8% | 902 4.0% | 867 - |
| Net Worth (INR Cr) | 5290 7.5% | 4920 9.0% | 4516 28.9% | 3502 17.6% | 2978 13.2% | 2630 66.7% | 1578 15.9% | 1362 19.8% | 1137 11.9% | 1016 16.7% | 871 15.1% | 756 28.2% | 590 16.0% | 509 12.0% | 454 21.3% | 375 23.2% |
| Employee Cost (INR Cr) | 404 4.8% | 385 8.0% | 357 -3.9% | 371 21.7% | 305 25.7% | 243 27.7% | 190 24.9% | 152 26.2% | 121 28.9% | 94 18.9% | 79 20.5% | 65 39.0% | 47 16.4% | 40 21.9% | 33 14.3% | 29 - |
| Interest Cost (INR Cr) | 211 | 168 | 102 | 86 | 125 | 183 | 132 | 117 | 117 | 138 | 118 | 95 | 72 | 56 | 52 | 90 |
| Cash & Bank Balance (INR Cr) | 130 | 201 | 174 | 412 | 247 | 804 | 32 | 29 | 29 | 34 | 15 | 12 | 11 | 13 | 12 | 7 |
| Total Debt (INR Cr) | 3242 | 2907 | 2587 | 2857 | 2098 | 2401 | 2083 | 1564 | 1292 | 1202 | 1039 | 849 | 628 | 528 | 438 | 484 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.4% | 8.3% | 18.8% | 11.5% | 12.8% | 11.6% | 8.5% | 9.9% | 8.7% | 7.1% | 6.0% | 6.2% | 6.1% | 5.5% | 5.2% | 6.0% |
| Profit As % Of Assets | 4.8% | 6.8% | 16.2% | 8.0% | 9.4% | 9.2% | 8.8% | 10.6% | 10.4% | 8.1% | 7.5% | 7.3% | 7.4% | 6.9% | 7.6% | 10.0% |
| Profit As % Of Networth | 7.9% | 11.1% | 26.3% | 15.0% | 18.0% | 18.7% | 21.1% | 23.2% | 22.6% | 20.3% | 18.7% | 17.8% | 17.5% | 16.0% | 15.1% | 23.2% |
| Interest Cost to EBITDA % | 21.7% | 15.5% | 6.0% | 8.8% | 12.8% | 18.9% | 18.8% | 18.0% | 20.4% | 29.6% | 29.4% | 26.4% | 28.8% | 28.4% | 25.7% | 36.4% |
| Debt to Equity Ratio | 0.61 | 0.59 | 0.57 | 0.82 | 0.70 | 0.91 | 1.32 | 1.15 | 1.14 | 1.18 | 1.19 | 1.12 | 1.06 | 1.04 | 0.96 | 1.29 |
| RONW | 8.2% | 11.6% | 29.6% | 16.5% | 19.5% | 24.0% | 23.6% | 26.2% | 24.9% | 20.5% | 18.7% | 19.7% | 16.2% | 13.6% | 16.2% | 25.3% |
| ROCE | 7.3% | 10.1% | 21.2% | 12.3% | 14.8% | 18.0% | 16.9% | 19.9% | 19.4% | 16.7% | 16.2% | 17.5% | 15.3% | 14.6% | 18.0% | 26.0% |