Aarti Industries share price
NSE: AARTIINDBSE: 524208Chemicals & PetrochemicalsSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹428.40.
27 Oct: open ₹428.55, high ₹440.00, low ₹427.00
- Next results date: the board meets on 30 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹15,805 Cr405th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 29.75
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.65
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.23%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.83
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,17,75146.3% delivered
About Aarti Industries
Aarti Industries Limited is a speciality chemicals manufacturer. It works mainly in the benzene and toluene value chains, using processes that include chlorination, hydrogenation and ethylation. It serves more than 1,100 domestic and global customers across over 60 countries. More than 700 of them are in India and 400 are international.
The company reports its revenue by segment: agrochemical, pharmaceuticals, energy, dyes and pigments, polymers and additives, and others. Its chemistries serve end uses that include paints, coatings and advanced materials.
It operates 16 manufacturing plants and 4 R&D centres, two of which are pilot plants. The plants are at Vapi, Tarapur, Jhagadia and Dahej, with a further site in Kutch. It also has a site at Navi Mumbai and offices in Mumbai. The manufacturing footprint is in Western India, close to key ports. It also has a Zone IV platform at Jhagadia, and an R&D centre at Navi Mumbai, which uses digital tools and advanced analytics in its work.
The company was founded in 1984 by first-generation technocrats. Chandrakant V. Gogri founded it and served as its Chairman until 2012. He continues to guide it as Chairman Emeritus. The company later merged the manufacturing business of Anushakti Chemicals into itself. It has also entered a joint venture with Superform Chemistries Limited for speciality chemicals, and another joint venture for plastic materials recycling facilities across India.
Written from the annual report for the year to Mar 2026, filed 27 Aug 2026 and the investor presentation.
Sources for 29 statements, each with its page
- It is a speciality chemicals company working across benzene and toluene value chains. Annual report, page 13
- Processes include chlorination, hydrogenation and ethylation. Annual report, page 13
- More than 1,100 domestic and global customers. Annual report, page 13
- Customers across over 60 countries. Annual report, page 13
- Revenue is reported by segment, including polymers and additives. Annual report, page 14
- Segment list includes Agrochemical. Annual report, page 14
- Segment list includes Pharmaceuticals. Annual report, page 14
- Segment list includes Dyes and Pigments. Annual report, page 14
- Segment list includes Polymers and Additives. Annual report, page 14
- Segment list includes Energy and Others. Annual report, page 14
- End uses include paints, coatings and advanced materials. Annual report, page 13
- 16 manufacturing plants. Annual report, page 13
- 4 R&D centres including 2 pilot plants. Annual report, page 13
- Plants at Tarapur and Jhagadia. Annual report, page 4
- Plants at Vapi. Annual report, page 4
- Plants at Dahej and a Kutch site. Annual report, page 4
- Navi Mumbai site and offices in Mumbai. Annual report, page 4
- Manufacturing footprint in Western India close to key ports. Annual report, page 13
- Has a Zone IV platform at Jhagadia. Annual report, page 13
- More than 700 customers in India and 400 international. Annual report, page 14
- Has an R&D centre at Navi Mumbai. Annual report, page 13
- The Navi Mumbai R&D centre uses advanced analytics and digital tools. Annual report, page 13
- Founded in 1984 by first-generation technocrats. Annual report, page 13
- Chandrakant V. Gogri founded the company. Annual report, page 9
- He stepped down as Chairman in 2012. Annual report, page 9
- He is Chairman Emeritus. Annual report, page 9
- Merged Anushakti Chemicals' manufacturing into the company. Annual report, page 11
- Joint venture with Superform Chemistries Limited for speciality chemicals. Annual report, page 11
- Joint venture for plastic materials recycling facilities across India. Annual report, page 11
Results
Consolidated; ₹ crore.Aarti Industries quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +27.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +123.7%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,387 Crup 8.22%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹155 Crup 12.90%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 6.5%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,628 | 1,840 | 1,949 | 1,676 | 2,100 | 2,319 | 2,206 | 2,387 |
| Net profit | 52 | 46 | 96 | 43 | 106 | 133 | 137 | 155 |
| Net margin | 3.2% | 2.5% | 4.9% | 2.6% | 5.0% | 5.7% | 6.2% | 6.5% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹8,286 Crup 13.96%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹419 Crup 26.65%
- Net margin
- 5.1%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹4,186 Cr, differs from its quarters added, ₹4,507 Cr. From the year to Mar 2023, part of the business was demerged on 19 Oct 2022, and figures before the change include the part that left.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,163 | 3,806 | 5,014 | 4,186 | 4,506 | 7,000 | 6,619 | 6,372 | 7,271 | 8,286 |
| Net profit | 316 | 346 | 499 | 547 | 535 | 1,307 | 545 | 416 | 331 | 419 |
| Net margin | 10.0% | 9.1% | 9.9% | 13.1% | 11.9% | 18.7% | 8.2% | 6.5% | 4.6% | 5.1% |
Business segments
In the year to Mar 2026 the company reports one business segment, Specialty Chemicals, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2020 and Mar 2023: days before it are of the company before the change.Aarti Industries PE ratio and valuation
At or below today's level on 31% of 2,153 trading days over the last 10 years.
At or below today's level on 11% of 1,743 trading days since Nov 2018.
At or below today's level on 41% of 2,446 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|---|
| 1 year | +2.4% | – | +26.6% | −19.3% | 0.3% |
| 3 years | −8.1% | – | −8.4% | +0.1% | 0.2% |
| 5 years | −9.2% | −6.7% | −5.1% | −4.7% | 0.3% |
Mutual fund holdings
91 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 45 of the 49 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 91 funds holding Aarti Industries
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 14
- CutCut. Funds that held fewer shares than at the end of the month before.
- 35
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 41
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 HDFC Mid Cap FundHDFC Mutual Fund | 77,31,125 | 0.36% | ₹367.8 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 56,63,408 | 0.33% | ₹269.4 Cr |
 ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 39,43,027 | 0.51% | ₹187.6 Cr |
| ICICI Prudential Multi Cap FundICICI Prudential Mutual Fund | 33,50,742 | 0.85% | ₹159.4 Cr |
| ICICI Prudential Commodities FundICICI Prudential Mutual Fund | 24,86,676 | 2.86% | ₹118.3 Cr |
 Mahindra Manulife Multi Cap FundMahindra Manulife Mutual Fund | 21,60,917 | 1.38% | ₹102.8 Cr |
 Axis Small Cap FundAxis Mutual Fund | 19,92,871 | 0.31% | ₹94.8 Cr |
| ICICI Prudential Manufacturing FundICICI Prudential Mutual Fund | 16,81,591 | 1.16% | ₹80.0 Cr |
| ICICI Prudential Business Cycle FundICICI Prudential Mutual Fund | 15,24,580 | 0.49% | ₹72.5 Cr |
| HDFC Large & Mid Cap FundHDFC Mutual Fund | 10,20,000 | 0.17% | ₹48.5 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Aarti Industries insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 4 pledge filings of unclear kind
- Others: no market trade
Aarti Industries competitors and peers
Specialty Chemicals, 130 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Aarti Industries in market cap.Chemical companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Navin Fluorine InternationalNAVINFLUOR | 42,350 | 53.63 | 10.66 | +42.4% | +122.7% | 23.9% | 20.7% | 0.18% |
 Aether IndustriesAETHER | 20,406 | – | 8.31 | +33.8% | – | – | 10.7% | 0.00% |
 Deepak NitriteDEEPAKNTR | 19,525 | 24.93 | 3.35 | +7.1% | +29.2% | 14.0% | 14.8% | 0.52% |
 AtulATUL | 15,938 | 20.65 | 2.42 | +18.1% | +42.4% | 12.4% | 12.5% | 0.55% |
 Fine Organic IndustriesFINEORG | 15,660 | 35.74 | 5.88 | +7.3% | +5.7% | 17.7% | 17.6% | 0.22% |
 Privi Speciality ChemicalsPRIVISCL | 13,791 | – | 9.76 | +21.6% | – | – | 21.3% | 0.28% |
 BASF IndiaBASF | 13,535 | 21.05 | 3.42 | +6.7% | +62.4% | 16.9% | 20.2% | 0.80% |
 Anupam Rasayan IndiaANURAS | 12,860 | 73.61 | 3.86 | +51.8% | +41.5% | 5.7% | 6.2% | 0.13% |
Dividends
Per share, by the year it was paid for, and the latest payments.Aarti Industries dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 11 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 18 Aug 2025 | Final | ₹1.00 |
| 26 Jul 2024 | Final | ₹1.00 |
| 28 Jul 2023 | Final | ₹1.50 |
| 15 Feb 2023 | Interim | ₹1.00 |
| 16 Sep 2022 | Final | ₹1.50 |
Latest announcements
Routine notices left out.Aarti Industries announcements
Oct 2026
26 Oct · Analysts
26 Oct · Analysts
23 Oct · Board meeting
13 Oct · General Updates
Aarti Industries share price by year
Each calendar year to 2025.Aarti Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 373.90 | −8.8% | 486.75 | 349.70 |
| 2024 | 410.05 | −36.9% | 755.40 | 403.85 |
| 2023 | 649.60 | +6.5% | 649.60 | 442.55 |
| 2022Demerger | 610.10 | −39.3% | 1,106.80 | 590.85 |
| 2021 | 1,004.60 | +62.7% | 1,156.55 | 565.55 |
| 2020 | 617.40 | +48.6% | 633.40 | 339.75 |
| 2019Demerger | 415.38 | +15.1% | 467.29 | 327.16 |
| 2018 | 360.93 | +27.3% | 374.89 | 257.03 |
| 2017 | 283.48 | +65.5% | 283.48 | 172.24 |
| 2016 | 171.24 | +30.9% | 189.50 | 106.10 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 427.55 | 437.70 | 419.00 | 428.40 | 428.29 | 6,03,487 | 43.7% |
| 23 Oct 2026 | 442.00 | 442.55 | 423.40 | 427.55 | 429.01 | 7,10,976 | 47.4% |
| 22 Oct 2026 | 464.40 | 465.10 | 437.60 | 441.30 | 446.27 | 10,00,974 | 37.3% |
| 21 Oct 2026 | 477.05 | 482.85 | 461.30 | 464.40 | 467.77 | 4,04,707 | 40.0% |
| 19 Oct 2026 | 495.00 | 495.80 | 475.00 | 479.00 | 485.46 | 5,54,747 | 40.0% |
| 16 Oct 2026 | 505.05 | 508.35 | 494.15 | 503.00 | 504.04 | 13,37,811 | 66.6% |
| 15 Oct 2026 | 497.90 | 507.70 | 490.00 | 505.05 | 500.53 | 8,23,566 | 67.3% |
| 14 Oct 2026 | 487.80 | 499.90 | 485.10 | 497.90 | 492.47 | 6,98,088 | 46.7% |
| 13 Oct 2026 | 474.00 | 498.40 | 463.00 | 487.80 | 484.82 | 16,13,682 | 28.7% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 Oct 2022 | Demerger | 0.8727 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
| 22 Jun 2021 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 27 Sep 2019 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 3 Jul 2019 | Demerger | 0.9578 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
Company details
- NSE symbol
- AARTIIND
- BSE code
- 524208
- ISIN
- INE769A01020
- Industry
- Chemicals & Petrochemicals
- Website
- www.aarti-industries.com
- CIN
- L24110GJ1984PLC007301
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1984
- Registered office
- Plot Nos. 801, 801/23, GIDC Estate, Phase III, Vapi 396195, Gujarat
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments