ALFA Finder| Revenue growth | 12% YoY in FY26. |
|---|---|
| Margins | EBITDA margins pressured by competition and raw material costs. |
| Order book | Signed $150mn supply contract and 15-year backward integration deal. |
| Demand visibility | Recovering demand in agrochemicals and polymers. |
| Management confidence | High on long-term recovery and strategic JVs. |
Growth
FY26 Revenue rose 12% to ₹9018 Cr; EBITDA grew 15% to ₹1172 Cr. Volumes increased by over 30% YoY.
Outlook
Capex-led EBITDA growth of ₹300-450 Cr targeted by FY28. Key projects like Zone 4 and JVs to commission in FY27.
Risks
US penalty tariffs (50%), geopolitical conflicts in West Asia and India-Pakistan, and Chinese competition impacting PDA margins.
Last quarter's promises, checked
Delivered
- FY27 Capex guidance ₹700-800 Cr → ₹180 Cr deployed in Q1 (On Track)
- Fuel additives capacity expansion to 360 KTPA → Completed (BEAT)
- Augene JV commissioning in Q2FY27 → Commissioning activities ongoing (BEAT)
Partly delivered
- Steady-state JV revenue ₹300-400 Cr → Maintained range but ramp-up speed uncertain (PARTIAL)
- EBITDA run rate maintenance → Volume growth seen but margin dependent on macro volatility (PARTIAL)
Missed
- Zone 4 project timeline → Delayed 3-6 months due to labor/war (MISS)
Investor Presentation filed with BSE, NSE: AARTIIND. Summary written with AI assistance from the document.
Aarti Industries Ltd: key numbers
- Share price
- ₹481.95
- Market cap
- ₹17,482 Cr
- Revenue (annual)
- ₹8,286 Cr
- Net profit (annual)
- ₹419.1 Cr
- P/E (TTM)
- 29.5×Sector 35.1×
- Promoter holding
- 41.82%+0.00% QoQ
- FII holding
- 6.96%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Aarti Industries Ltd
All →Aarti Industries Earnings Call Transcript: Key Takeaways
Aarti achieved record quarterly EBITDA but faces ballooning debt and working capital stress due to raw material inflation. Management is pivoting from heavy capex to asset sweating and deleveraging via a ₹1,000 Cr fundraise.
Aarti Industries Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹3,887 Cr (+73% YoY), EBITDA ₹418 Cr (+44%), PAT ₹169 Cr (+60%); H1 PAT ₹324 Cr (+117%). Zone IV commercialisation and a 10+ year supply deal anchor growth.
Aarti Industries Annual General Meeting
Aarti Industries shareholders held an EGM on October 31, 2026 and considered a special resolution. The resolution enables raising up to Rs. 1,000 crore through QIP, private placement or preferential issue, in one or more tranches.
Aarti Industries Results Update
Aarti Industries issued a press release on Q2 and H1 FY27 unaudited results, reporting record quarterly EBITDA and higher volumes. Growth was driven by export demand.
- fuel additives capacity
- 70.0 KTPA
Aarti Industries Q2 FY27 Results: Net Profit ₹169 Cr, Up 59.4% YoY
Aarti Industries Ltd reported revenue from operations of ₹3,668 Cr (+74.7% YoY) and net profit of ₹169 Cr (+59.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹169 Cr · +59.4% YoY
Aarti Industries Board Meeting Date
Aarti Industries has scheduled a Board Meeting on 30 October 2026 to consider and approve unaudited financial results for Q1/H1 FY27. The trading window remains closed until 48 hours after results declaration.