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Investor Presentation

Aarti Industries Investor Presentation: Key Takeaways

Aarti Industries delivered a 12% revenue growth to ₹9018 Cr in FY26. Management is pivoting towards high-value specialty chemicals, backward integration, and joint ventures to mitigate global trade and geopolitical headwinds.

Highlights
Revenue growth12% YoY in FY26.
MarginsEBITDA margins pressured by competition and raw material costs.
Order bookSigned $150mn supply contract and 15-year backward integration deal.
Demand visibilityRecovering demand in agrochemicals and polymers.
Management confidenceHigh 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)
Source

Investor Presentation filed with BSE, NSE: AARTIIND. Summary written with AI assistance from the document.

Read the document ↗

Aarti Industries Ltd: key numbers

Share price
₹489.25
Market cap
₹17,746 Cr
Revenue (annual)
₹8,286 Cr
Net profit (annual)
₹419.1 Cr
P/E (TTM)
33.4×Sector 37.5×
Promoter holding
41.82%-0.27% QoQ
FII holding
7.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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