| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2,387 | 1,676 | +42.5% |
| EBITDA | 382 | 212 | +80.0% |
| EBITDA margin | 16.0% | 12.7% | +3.3 pts |
| Profit before tax | 180 | 41.9 | +329.7% |
| Net profit | 155 | 43.3 | +258.0% |
| EPS | ₹4.27 | ₹1.19 | +258.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 15,853 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 583 | 583 | 199 | 41.8 | 167 | ||
| 0.1 | 0.1 | 0.1 | 0.7 | 0.7 | ||
| 4,921 | 4,921 | 3,790 | 3,184 | 2,874 | ||
| 20,191 | — | — | — | — | ||
| 9,012 | 8,286 | 7,271 | 6,372 | 6,619 | ||
| — | +14.0% | +14.1% | −3.7% | — | ||
| 1,337 | 1,168 | 1,000 | 977 | 1,089 | ||
| 14.8% | 14.1% | 13.8% | 15.3% | 16.5% | ||
| 854 | 693 | 566 | 598 | 779 | ||
| 531 | 419 | 331 | 416 | 545 | ||
| 5.9% | 5.1% | 4.6% | 6.5% | 8.2% | ||
| ₹14.64 | ₹11.56 | ₹9.13 | ₹11.49 | ₹15.04 | ||
| — | +26.7% | −20.6% | −23.6% | — | ||
| — | 781 | 1,242 | 1,204 | 1,310 | ||
| — | −1,124 | −1,386 | −1,328 | −1,326 | ||
| −343 | −343 | −144 | −124 | −16.4 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 15,853.0 | |
| - Cash, Equiv & ST Investments | 167.5 | 41.8 | 199.4 | 582.7 | 582.7 | |
| + Minority Interest | 0.7 | 0.7 | 0.1 | 0.1 | 0.1 | |
| + Total Debt | 2,874.0 | 3,184.1 | 3,789.6 | 4,921.0 | 4,921.0 | |
| Enterprise Value | — | — | — | — | 20,191.4 | |
| Revenue | 6,618.6 | 6,372.4 | 7,271.3 | 8,286.1 | 9,011.7 | |
| Growth %, YoY | — | -3.7 | +14.1 | +14.0 | — | |
| EBITDA | 1,089.0 | 976.6 | 1,000.5 | 1,167.6 | 1,337.4 | |
| Margin % | 16.45 | 15.33 | 13.76 | 14.09 | 14.84 | |
| EBIT | 778.5 | 598.5 | 566.2 | 693.4 | 854.0 | |
| Net Income | 545.2 | 416.5 | 330.9 | 419.1 | 530.7 | |
| Margin % | 8.24 | 6.54 | 4.55 | 5.06 | 5.89 | |
| EPS, Adj (current shares) | 15.04 | 11.49 | 9.13 | 11.56 | 14.64 | |
| Growth %, YoY | — | -23.6 | -20.6 | +26.7 | — | |
| Cash from Operations | 1,309.9 | 1,203.6 | 1,241.9 | 780.8 | — | |
| Capital Expenditures | -1,326.3 | -1,328.0 | -1,386.0 | -1,124.3 | — | |
| Free Cash Flow | -16.4 | -124.5 | -144.0 | -343.5 | -343.5 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Aarti Industries (NSE: AARTIIND) had a market capitalisation of ₹16,034 crore at the 29 October 2026 close (₹442.05 a share), a PE ratio of 30.2 on the last four quarters' profit and a price-to-book ratio of 2.69. In FY26 its consolidated net profit was ₹419 crore on revenue of ₹8,286 crore; in Q1 FY27 (April–June 2026) it was ₹155 crore, up 222.9% year on year. Its debt-to-equity ratio was 0.83 on 31 March 2026. Promoters held 41.82% of the shares on 30 September 2026.
Aarti Industries' PE ratio is 30.2 at the 29 October 2026 close (₹442.05 a share): a market capitalisation of ₹16,034 crore divided by consolidated net profit of ₹531 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹419 crore) it is 38.3.
Aarti Industries' debt-to-equity ratio was 0.83 on 31 March 2026: borrowings of ₹4,921 crore against total equity of ₹5,955 crore. A year earlier, on 31 March 2025, it was 0.68.
Aarti Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹5,955 crore on 31 March 2026, up 6.2% from ₹5,605 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹16,034 crore at the 29 October 2026 close.
Aarti Industries' price-to-book (PB) ratio is 2.69 at the 29 October 2026 close: a market capitalisation of ₹16,034 crore divided by shareholders' equity (book value) of ₹5,955 crore on 31 March 2026. That is a book value of ₹164.18 per share against a share price of ₹442.05.
In FY26, Aarti Industries' return on equity (ROE) was 7.3% and its return on capital employed (ROCE) was 8.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.1% and ROCE 7.7%.
Aarti Industries' book value per share was ₹164.18 on 31 March 2026: shareholders' equity of ₹5,955 crore divided by the 36.27 crore shares in issue, up 6.2% from ₹154.62 a year earlier. The share price at the 29 October 2026 close was ₹442.05.
Aarti Industries' market capitalisation was ₹16,034 crore at the 29 October 2026 close: 36.27 crore shares at ₹442.05 each.
No. Aarti Industries had borrowings of ₹4,921 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.83. Its cash and current investments were ₹608 crore, so its net debt was ₹4,313 crore.
Aarti Industries' basic earnings per share (EPS) were ₹11.56 in FY26, against ₹9.13 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹14.64.
Aarti Industries' dividend yield is 0.23% at the 29 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹442.05. They were ₹1 on 11 September 2026.
In 2026, Aarti Industries has declared one dividend: ₹1 with record date 14 September 2026 and ex-date 11 September 2026.
In FY26, Aarti Industries generated ₹781 crore of cash from operations and spent ₹1,124 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹343 crore. In FY25 it was −₹144 crore.
Promoters held 41.82% of Aarti Industries on 30 September 2026, unchanged from the previous quarter and down 0.36 percentage points from 42.18% a year earlier, according to the shareholding pattern filed with NSE.
Aarti Industries' latest results are for Q1 FY27 (April–June 2026), filed on 30 July 2026: consolidated net profit ₹155 crore, up 222.9% from ₹48 crore in Q1 FY26; revenue from operations ₹2,387 crore, up 42.5% year on year.
Aarti Industries will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
On 30 September 2026, Aarti Industries' shares were held by promoters 41.82%, foreign portfolio investors (FII/FPI) 6.96%, domestic institutions (DII) 20.89% (including mutual funds at 12.00%) and retail and other non-institutional investors 30.31%. Over the year, FII holding was up 0.56 percentage points from 6.40% and DII holding was up 2.68 percentage points from 18.21%.
In FY26 (April 2025–March 2026), Aarti Industries' consolidated net profit was ₹419 crore, up 26.7% from ₹331 crore in FY25, on revenue from operations of ₹8,286 crore (up 14.0%). Over three years, from FY23, net profit was down 23.1%.
In FY26, Aarti Industries earned net profit of ₹419 crore on revenue of ₹8,286 crore, against ₹678 crore on ₹6,274 crore for Atul. Aarti Industries' operating margin was 8.4% (Atul 11.3%) and its return on equity 7.3% (Atul 11.5%). At the 29 October 2026 close, Aarti Industries' market capitalisation was ₹16,034 crore against ₹15,150 crore for Atul, and its PE ratio on FY26 profit 38.3 against 22.3.
On FY26 consolidated figures, against Atul, Deepak Nitrite and Tata Chemicals: Aarti Industries' operating margin of 8.4% is the third highest of the four (Atul 11.3%, Deepak Nitrite 9.6%, Tata Chemicals 4.1%; peer average 8.3%); its return on equity of 7.3% is the third highest of the four (Atul 11.5%, Deepak Nitrite 9.8%, Tata Chemicals −8.9%; peer average 4.1%); its revenue growth over three years of 7.8% a year is the highest of the four (Atul 5.0% a year, Deepak Nitrite −0.4% a year, Tata Chemicals −4.6% a year; peer average 0.0% a year).
From Aarti Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.