---
title: "Aarti Industries Ltd (AARTIIND) — Share Price, Financials & Analysis"
symbol: "AARTIIND"
company: "Aarti Industries Ltd"
canonical: "https://tapetide.com/stocks/AARTIIND"
isin: "INE769A01020"
nse_symbol: "AARTIIND"
bse_code: "524208"
sector: "Chemicals"
industry: "Specialty Chemicals"
market_cap_cr: 17870.47
generated_at: "2026-09-13T18:57:38.207Z"
---

# Aarti Industries Ltd (AARTIIND)

Canonical page: https://tapetide.com/stocks/AARTIIND

## Company

- **NSE Symbol:** AARTIIND
- **BSE Code:** 524208
- **ISIN:** INE769A01020
- **Sector:** Chemicals
- **Industry:** Specialty Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 1995-02-08
- **CEO:** Mr. Rajendra Vallabhaji Gogri
- **Employees:** 5868
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** aarti-industries.com

## About

Aarti Industries Ltd, the flagship company of the Aarti group, manufacturing organic and inorganic chemicals at its major facilities in Vapi, Jhagadia, Dahej and Kutch, in Gujarat and in Tarapur in Maharashtra. The company has a strong market position in the NCB-based specialty chemicals segment.[1]

## Latest Price

- **Price:** ₹492.7
- **Change:** -10.35 (-2.06%)
- **Open:** ₹503
- **Day High:** ₹503
- **Day Low:** ₹490.05
- **Previous Close:** ₹503.05
- **Volume:** 592348
- **As Of:** 2026-09-11T10:22:11+00:00

## Key Fundamentals

Observed at 2026-09-11T04:30:53.785637Z.

- **Market Cap:** ₹17870.47 Cr
- **Classification:** Smallcap
- **P/E (reported):** 34.5
- **P/E (TTM):** 33.65
- **EPS (TTM):** ₹14.64
- **EPS (reported):** ₹13.35
- **Book Value:** ₹164.18
- **Price to Book:** 3.07
- **Dividend Yield:** 0.2%
- **ROE:** 7.04%
- **ROCE:** 8.53%
- **Debt to Equity:** 0.83
- **Revenue (yearly):** ₹8291 Cr
- **Net Income:** ₹419.2 Cr
- **EBITDA:** ₹1172.4 Cr
- **52-Week High:** ₹551.75
- **52-Week Low:** ₹338.05
- **RSI (14):** 46.8

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 23.19 | 9% |
| growth | 81.17 | 9% |
| momentum | 72.29 | 12% |
| ownership | 42.58 | 24% |
| quality | 51.43 | 22% |
| valuation | 39.16 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 3.00 times its book value
- Tax rate seems low
- Company has a low return on equity of 7.10% over last 3 years.
- Company might be capitalizing the interest cost
- Dividend payout has been low at 9.44% of profits over last 3 years
- Debtor days have increased from 50.1 to 61.8 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -36.91% | -35.45% | 50.54% |
| ebitda margin growth | 13.16% | 1.58% | -8.42% | -49.98% |
| net income growth | 13.14% | 26.68% | -9% | -5% |
| revenue growth | 8.43% | 13.78% | 8% | 13% |
| roce | 17.94% | 11.94% | -0.93% | 12.83% |
| roe | 13.14% | 19.32% | 6.94% | -73.19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1454 | 1732 | 1773 | 1851 | 1628 | 1843 | 1949 | 1675 | 2100 | 2318 | 2205 | 2387 |
| Expenses | 1221 | 1473 | 1489 | 1546 | 1431 | 1612 | 1687 | 1463 | 1809 | 1997 | 1864 | 2005 |
| Operating Profit | 233 | 259 | 284 | 305 | 197 | 231 | 262 | 212 | 291 | 321 | 341 | 382 |
| OPM % | 16 | 15 | 16 | 16 | 12 | 13 | 13 | 13 | 14 | 14 | 15 | 16 |
| Other Income | 0 | 8 | -1 | 6 | 7 | 5 | 3 | 4 | 22 | -13 | 1 | 5 |
| Interest | 58 | 54 | 59 | 64 | 62 | 85 | 64 | 60 | 100 | 69 | 112 | 83 |
| Depreciation | 93 | 97 | 98 | 102 | 108 | 111 | 113 | 114 | 120 | 121 | 119 | 124 |
| Profit before tax | 82 | 116 | 126 | 145 | 34 | 40 | 88 | 42 | 93 | 118 | 111 | 180 |
| Tax % | -11 | -7 | -5 | 6 | -53 | -15 | -9 | -2 | -14 | -13 | -23 | 14 |
| Net Profit | 91 | 124 | 132 | 137 | 52 | 46 | 96 | 43 | 106 | 133 | 137 | 155 |
| EPS in Rs | 2.51 | 3.42 | 3.64 | 3.78 | 1.43 | 1.27 | 2.65 | 1.19 | 2.92 | 3.67 | 3.78 | 4.27 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3806 | 4168 | 4186 | 4506 | 6086 | 6619 | 6371 | 7269 | 8286 | 9010 |
| Expenses | 3106 | 3202 | 3209 | 3525 | 4365 | 5530 | 5393 | 6272 | 7118 | 7675 |
| Operating Profit | 700 | 965 | 977 | 982 | 1720 | 1089 | 978 | 997 | 1168 | 1335 |
| OPM % | 18 | 23 | 23 | 22 | 28 | 16 | 15 | 14 | 14 | 15 |
| Other Income | 7 | 2 | 9 | 1 | 1 | 1 | 7 | 20 | 11 | 15 |
| Interest | 132 | 183 | 125 | 86 | 102 | 168 | 211 | 275 | 340 | 364 |
| Depreciation | 146 | 163 | 185 | 231 | 246 | 310 | 378 | 434 | 474 | 484 |
| Profit before tax | 429 | 622 | 676 | 665 | 1372 | 611 | 395 | 307 | 365 | 502 |
| Tax % | 19 | 19 | 19 | 19 | 14 | 11 | -5 | -8 | -15 | — |
| Net Profit | 346 | 504 | 547 | 535 | 1186 | 545 | 416 | 331 | 419 | 531 |
| EPS in Rs | 10.24 | 14.18 | 15.39 | 15.02 | 32.71 | 15.04 | 11.49 | 9.13 | 11.56 | 14.64 |
| Dividend Payout % | 2 | 19 | 11 | 10 | 11 | 17 | 9 | 11 | 9 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 41 | 41 | 43 | 87 | 87 | 181 | 181 | 181 | 181 | 181 |
| Reserves | 1321 | 1538 | 2587 | 2892 | 3416 | 4335 | 4739 | 5109 | 5424 | 5774 |
| Borrowings | 1564 | 2083 | 2401 | 2098 | 2857 | 2587 | 2907 | 3623 | 3848 | 4966 |
| Other Liabilities | 573 | 730 | 826 | 1256 | 1282 | 748 | 754 | 1203 | 1661 | 2379 |
| Total Liabilities | 3499 | 4391 | 5858 | 6332 | 7642 | 7851 | 8581 | 10115 | 11114 | 13300 |
| Fixed Assets | 1697 | 1998 | 2147 | 2468 | 3593 | 3595 | 4861 | 5649 | 6377 | 6399 |
| CWIP | 270 | 436 | 795 | 1418 | 1298 | 1346 | 1096 | 1229 | 1454 | 2187 |
| Investments | 47 | 47 | 33 | 37 | 64 | 28 | 17 | 23 | 48 | 132 |
| Other Assets | 1486 | 1910 | 2884 | 2409 | 2688 | 2882 | 2607 | 3214 | 3235 | 4582 |
| Total Assets | 3499 | 4391 | 5858 | 6332 | 7642 | 7851 | 8581 | 10115 | 11114 | 13300 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 470 | 335 | 736 | 1102 | 873 | 519 | 1319 | 1210 | 1238 | 781 |
| Cash from Investing Activity | -529 | -610 | -797 | -1124 | -1322 | -1169 | -1330 | -1369 | -1393 | -1142 |
| Cash from Financing Activity | 58 | 279 | 833 | -535 | 614 | 412 | 38 | 420 | -73 | 745 |
| Net Cash Flow | 0 | 4 | 772 | -557 | 165 | -239 | 27 | 261 | -229 | 383 |
| Free Cash Flow | -60 | -279 | -55 | -23 | -442 | -646 | -8 | -96 | -137 | -340 |
| CFO/OP | 87 | 62 | 90 | 130 | 99 | 44 | 129 | 132 | 123 | 67 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 61 | 63 | 68 | 66 | 64 | 65 | 52 | 49 | 39 | 62 |
| Inventory Days | 136 | 144 | 152 | 174 | 190 | 143 | 115 | 121 | 126 | 129 |
| Days Payable | 71 | 69 | 55 | 72 | 117 | 53 | 24 | 76 | 107 | 137 |
| Cash Conversion Cycle | 125 | 138 | 165 | 168 | 137 | 155 | 143 | 94 | 58 | 54 |
| Working Capital Days | -4 | 6 | -14 | -14 | -36 | 22 | -29 | -36 | -44 | -64 |
| ROCE % | 19 | 16 | 18 | 15 | 13 | 22 | 10 | 7 | 6 | 7 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 43.57% | 43.55% | 43.43% | 43.24% | 42.61% | 42.35% | 42.24% | 42.24% | 42.18% | 42.14% | 42.09% | 41.82% |
| FIIs | 10.58% | 10.83% | 10.93% | 10.61% | 9.68% | 7.25% | 6.29% | 6.44% | 6.4% | 6.69% | 7.38% | 6.99% |
| DIIs | 16.15% | 15.5% | 17.25% | 18.56% | 18.13% | 17.94% | 19.97% | 20.38% | 18.21% | 18.22% | 20.12% | 21.11% |
| Government | 0.01% | 0.02% | 0.03% | 0.03% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 25.72% | 25.48% | 24.13% | 23.33% | 25.14% | 27.86% | 26.96% | 26.54% | 28.46% | 28.23% | 25.8% | 25.49% |
| Others | 3.97% | 4.62% | 4.24% | 4.22% | 4.44% | 4.6% | 4.52% | 4.38% | 4.73% | 4.71% | 4.59% | 4.57% |
| No. of Shareholders | 423140 | 418123 | 377953 | 349415 | 394154 | 450588 | 439227 | 425399 | 428931 | 418492 | 384210 | 370868 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 4 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 503.57 | Sell |
| EMA (10) | 504.36 | Sell |
| SMA (20) | 518.56 | Sell |
| EMA (20) | 509.33 | Sell |
| SMA (50) | 503.07 | Sell |
| EMA (50) | 502.7 | Sell |
| SMA (100) | 488.84 | Buy |
| EMA (100) | 485.78 | Buy |
| SMA (200) | 445.06 | Buy |
| EMA (200) | 462.99 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.93 | Neutral |
| MACD (12,26,9) | -3.06 | Sell |
| Stochastic (14,3,3) | 17.09 | Buy |
| ADX (14) | 19.35 | Neutral |
| Williams %R (14) | -90.5 | Buy |
| ATR (14) | 15.36 | High Volatility |
| ROC (12) | -9.25 | Sell |
| Stoch RSI (14) | 13.66 | Buy |
| UO (7,14,28) | 40.76 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 15 | 71.43% |
| Hold | 2 | 9.52% |
| Sell | 4 | 19.05% |

Based on 21 analyst ratings, observed at 2026-09-11T04:58:29.341688+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=245bef0d-98e5-4c18-91b3-4cb12d6ea844.pdf) |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82802dc0-9693-4b7a-876d-63b4844cb68c.pdf) |
| 2026-08-27 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e07a7c0-2acd-4c8c-b356-37c5b01dde51.pdf) |
| 2026-08-27 | [Notice Of 43Rd Annual General Meeting Scheduled On September 21 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=913a8a61-c12c-4c41-bc4b-d4179e8f9bca.pdf) |
| 2026-08-27 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a2c42bd-c214-4780-8847-975a6a75563d.pdf) |
| 2026-08-27 | [Record Date: Monday September 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44a1011a-27bb-4b72-ab85-a7761b71d003.pdf) |
| 2026-08-27 | [43Rd AGM Scheduled On September 21 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2850f71b-a65e-42ef-9bbb-756fe9fae9ff.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81a2c3b0-0b60-4167-a323-b4977b38fbd9.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bc73cf4-0fe0-4c03-8fe3-1b39ee710176.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f79f4570-2e4a-4488-9e3f-0f51b4232670.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9fc9623-37a9-4f18-bda2-5392dc4df538.pdf) |
| 2026-05-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a23d262-8f44-44db-b093-8c277e6c9b3a.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6de2d23f-e730-4ed9-b1a5-32b0270a0ed3.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86d30b58-d7f1-4a46-8216-b281fc11e8ec.pdf) |
| 2025-08-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=894da67a-9c3b-43e2-a68b-f2f3d2c260a4.pdf) |
| 2025-05-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8662e3b4-11bc-43fe-acc3-5ec5e7072e51.pdf) |
| 2025-02-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3550b0c3-d5c5-4628-9c49-4cf67f28ae77.pdf) |
| 2024-11-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=232e12b1-68e8-4dc3-99e9-cf30e9f82d6a.pdf) |
| 2024-08-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fc76e70-5c14-46c5-9c68-47937da043e7.pdf) |
| 2024-05-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45db12f6-81d0-4f6d-abab-c1c7bfd80adb.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-30 | [Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3241d78-516b-4de7-95d7-6ec4fd6e588b.pdf) |
| 2026-05-04 | [Audited Financial Results For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5213ef82-dccc-4cc2-8375-d79afccb7334.pdf) |
| 2026-02-02 | [Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19aac6c4-7390-4b0f-99bf-e302fbea411e.pdf) |
| 2025-11-06 | [Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96c94c51-aee4-470c-86d9-a2ffe3ac80ac.pdf) |
| 2025-07-31 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e0fd940-cac7-48cd-83d5-ff7a18d0af43.pdf) |
| 2025-05-08 | [Audited Financial Results For Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84f58d80-d51c-47f7-985b-e941e615a925.pdf) |
| 2025-02-01 | [Financial Results For Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb0f5b67-390f-46cf-8639-244cae04bdc4.pdf) |
| 2024-11-08 | [Audited Financial Results For Quarter And Half Year Ended September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf7970c6-1f8b-4b53-8a53-fef0bed65ab3.pdf) |
| 2024-08-09 | [Audited Financial Results For Quarter Ended June 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f796768b-c1ba-47a9-9bdd-1ca800600159.pdf) |
| 2024-05-10 | [Audited Financial Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a69adf3-892f-49ea-92d2-ce590250e906.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bdbbb1d9-b3b4-44cd-868f-183d70b59c8b.pdf) |
| 2026-05-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97e742eb-8058-4856-be26-6fe81b2be3c9.pdf) |
| 2026-02-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=164a35a2-81d9-41cc-9aff-dd8214e77e43.pdf) |
| 2025-11-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4bfb7cd-1dbb-4ef2-8051-e6d93f30c3ac.pdf) |
| 2025-08-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47fd09ac-1e88-4cf7-9565-552882a742d6.pdf) |
| 2025-07-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76fdfe1b-314e-40a0-a107-260bbf6c53aa.pdf) |
| 2025-05-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09915645-abb9-44cb-b06d-5aa1ccbdf64a.pdf) |
| 2025-02-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6af21b62-9219-4f45-94ef-c0acd01652ff.pdf) |
| 2024-11-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0bed60cc-b0e0-4164-b279-f0f0a6649512.pdf) |
| 2024-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c4bd260-1d08-43d3-817c-e64505ec47e0.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Transcript of Q4 FY 2026 Earnings Conference Call | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 9h - Transcript of Q4 FY 2026 Earnings Conference Call](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a23d262-8f44-44db-b093-8c277e6c9b3a.pdf) |
| 8 Apr - Launch of 100-day Saksham Niveshak campaign from April 1 to July 9, 2026 for unpaid dividends and KYC updates. | [Intimation Regarding Second 100-Day Campaign - ''Saksham Niveshak'' 8 Apr - Launch of 100-day Saksham Niveshak campaign from April 1 to July 9, 2026 for unpaid dividends and KYC updates.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/21db6fae-dd75-4a30-a4f8-a8132d4efa91.pdf) |
| 6 May - Newspaper publication for Audited Financial Results for quarter and year ended March 31, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May - Newspaper publication for Audited Financial Results for quarter and year ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d4f1012d-122e-49d6-be14-352f58a73f3b.pdf) |
| 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b74a0984-6ed8-48e5-97ee-05337a5292ee.pdf) |
| 5 May - Audio recording of Q4 FY2026 earnings conference call uploaded on May 05, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 May - Audio recording of Q4 FY2026 earnings conference call uploaded on May 05, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/57304c1e-4354-40d2-989a-11937126be85.pdf) |
| 5 Mar - To invest ₹200–250 crore for Dahej backward-integration; extends exclusive supply agreement for ~15 years. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 5 Mar - To invest ₹200–250 crore for Dahej backward-integration; extends exclusive supply agreement for ~15 years.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eef5e2ed-9f8d-4731-9773-8345af7bd30f.pdf) |
| 5 Mar - AIL to invest ₹200–250 crore over two years for backward-integration at Dahej SEZ under 15-year supply agreement. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 Mar - AIL to invest ₹200–250 crore over two years for backward-integration at Dahej SEZ under 15-year supply agreement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d6efff5-726a-4512-9e53-47a58c7931da.pdf) |
| 4m - Navin Suchanti bought 30,535 shares (0.06%), raising stake to 6.03% on Mar 5–6, 2026. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4m - Navin Suchanti bought 30,535 shares (0.06%), raising stake to 6.03% on Mar 5–6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/25C04B27_054C_4C55_A6FC_DCBF873F9098_101159.pdf) |
| 4 May - Aarti Industries re-appointed Smt. Ketki D. Visariya as Cost Auditor for FY2026-27. | [Re - Appointment Of Cost Auditor 4 May - Aarti Industries re-appointed Smt. Ketki D. Visariya as Cost Auditor for FY2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b0a4c73-8abf-4b27-9e11-42a0a0aa1044.pdf) |
| 4 May - Aarti Industries re-appointed Smt. Ketki D. Visariya as Cost Auditor for FY2026-27. | [Re - Appointment Of Cost Auditor 4 May - Aarti Industries re-appointed Smt. Ketki D. Visariya as Cost Auditor for FY2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6b0a4c73-8abf-4b27-9e11-42a0a0aa1044.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86d30b58-d7f1-4a46-8216-b281fc11e8ec.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d2623f4-c046-40f2-94ac-b5c22788a304.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/232e12b1-68e8-4dc3-99e9-cf30e9f82d6a.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b283f25c-a8f9-4264-b48f-e11ca5601755.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/abbcc592-b1c1-4d59-9bdf-316f9294f474.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94e96841-0186-4f05-b46d-30228513f4ba.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a23d262-8f44-44db-b093-8c277e6c9b3a.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8662e3b4-11bc-43fe-acc3-5ec5e7072e51.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a35bcb2a-a273-49ef-94b2-be056b17505c.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45db12f6-81d0-4f6d-abab-c1c7bfd80adb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f58d064-a1a8-462c-9384-a863462ee752.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8e28c47-3e1b-4fff-b5e2-185045198d8e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b007427-4378-4727-a38e-7ce723355f10.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4343c17-2543-4233-a577-fdc35b80e459.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7dfe5a2-c766-4434-828d-83d8bc08b46f.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e908ee9b-e2f2-40f0-95b9-bbdeafba8fef.pdf) |

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