| Revenue growth | ₹3,887 Cr, up 73% YoY, driven by volume and input cost pass-through. |
|---|---|
| Margins | EBITDA grew 44% YoY to ₹418 Cr; percentage margins pressured by RM inflation. |
| Order book | Gaining traction in newer geographies like Europe and Japan for long-term partnerships. |
| Demand visibility | Strong domestic demand in NCB chain; resilient global demand for specialty chemicals. |
| Management confidence | Balanced; shifting focus from aggressive expansion to financial discipline and deleveraging. |
Growth
Revenue surged 73% YoY, driven by volume gains and passing through significantly higher input costs.
Outlook
Targets ₹1,800-2,200 Cr EBITDA in FY28 by maximizing existing asset utilization and new specialty platforms.
Risks
High net debt of ₹4,650 Cr and inventory loss risk if crude prices correct sharply.
Last quarter's promises, checked
Partly delivered
- Guided FY27 capex ₹700-800 Cr (₹180 Cr spent Q1) → range reaffirmed, no YTD spend disclosed (= PARTIAL)
- Guided FY28 EBITDA lower end ₹1,800 Cr incl. Augene → ₹1,800-2,200 Cr reiterated, untested (= PARTIAL)
- Guided Q2 volume recovery, unquantified → 'robust volume growth' cited, no figure (= PARTIAL)
Missed
- Guided 25-30 products by FY28 → now 20-25 by FY28 (= MISS)
Earnings Call Transcript filed with NSE, NSE: AARTIIND. Summary written with AI assistance from the document.
Aarti Industries Ltd: key numbers
- Share price
- ₹428.80
- Market cap
- ₹15,554 Cr
- Revenue (annual)
- ₹8,286 Cr
- Net profit (annual)
- ₹419.1 Cr
- P/E (TTM)
- 26.2×Sector 34.1×
- 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 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.
Aarti Industries Other Announcement
Aarti Industries Limited has filed its quarterly shareholding pattern for the period ended September 30, 2026, as mandated by SEBI Regulation 31.