Aarti Industries | Business Upturn

Aarti Industries launches ‘Saksham Niveshak’ campaign to help shareholders claim unpaid dividends

Business Desk — Wed, 08 Apr 2026 06:29:12 +0000

Aarti Industries has announced the launch of the ‘Saksham Niveshak’ campaign, a 100-day initiative aimed at assisting shareholders in claiming unpaid or unclaimed dividends. The campaign, which runs from April 1, 2026, to July 9, 2026, seeks to engage shareholders proactively by updating essential records and expediting the dividend claiming process.

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, has initiated this campaign to prevent unwarranted share transfers to the IEPFA and facilitate direct settlement of claims by companies. Aarti Industries is urging its shareholders to update their PAN, nomination details, contact information, bank account details, and specimen signatures with the Registrar & Share Transfer Agent, MUFG Intime India Private Limited, or their respective Depository Participants.

Shareholders are advised to ensure that their bank details are registered against their accounts, as dividends are payable only through electronic modes. The necessary forms for KYC updation and claiming unpaid dividends are available on the websites of the Registrar and Share Transfer Agent and Aarti Industries.

Aarti Industries will also be sending letters or emails to shareholders with details about unpaid dividends and the process for claiming them. Shareholders are encouraged to claim their dividends to avoid their transfer to the IEPF authority. The company has uploaded the details of unclaimed dividends on its website.

In cases where dividends have remained unclaimed for seven consecutive years, the corresponding equity shares will be transferred to the IEPF Authority, in line with the Ministry of Corporate Affairs’ notifications. Shareholders whose dividends or shares have been transferred to the IEPF can reclaim them by submitting Form IEPF-5 online and sending the required physical documents to the company or RTA.

The company urges shareholders to submit their documents by July 9, 2026, to support the success of this campaign. For further assistance, shareholders can contact Aarti Industries or MUFG Intime India Private Limited.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aarti Industries secures USD 150 million supply contract with global agrochemical major

Business Desk — Thu, 12 Mar 2026 10:01:03 +0000

Aarti Industries has secured a USD 150 million medium-term supply contract with a leading global agrochemical company. The agreement is set to enhance the company’s revenue visibility significantly.

The multi-year contract, which extends through 31st March 2030, involves the supply of a critical agrochemical intermediate used in crop protection formulations. This structured supply agreement marks a significant increase in volumes compared to previous engagements. The deal is expected to generate approximately USD 150 million in revenue over the contract period, providing Aarti Industries with enhanced revenue visibility in the medium to long term.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aarti Industries signs multi-year supply deal worth $150 million with global agrochemical company

Aman Shukla — Thu, 12 Mar 2026 05:20:24 +0000

Aarti Industries Limited has announced that it has entered into a long-term supply agreement with a leading global agrochemical innovator for the supply of a key agrochemical intermediate used in crop protection formulations.

The agreement converts the company’s existing engagement with the customer into a structured multi-year contract that will run until March 31, 2030. The deal is expected to generate approximately $150 million in revenue for Aarti Industries over the contract period, offering stronger revenue visibility in the medium to long term.

Under the terms of the agreement, Aarti Industries will manufacture and supply the specialised intermediate using its integrated and scalable manufacturing platform. The company said its existing production infrastructure and process chemistry capabilities allow it to meet the increased supply requirements without any additional capital expenditure.

The intermediate supplied under this agreement will be used by the customer in the production and formulation of crop protection products that are sold across global agricultural markets.

According to the company, the contract is expected to support higher capacity utilisation at its facilities while increasing production volumes. By leveraging its established global regulatory compliance framework and manufacturing capabilities, Aarti Industries aims to strengthen its position in long-term speciality chemical supply chains.

The collaboration also highlights India’s expanding role as a global manufacturing hub for speciality chemicals. With supply chain diversification becoming a priority for multinational companies, India is increasingly emerging as an alternative sourcing destination as firms seek to reduce geopolitical risks and build more resilient supply networks.

Aarti Industries to invest Rs 200–250 crore in backward integration project at Dahej SEZ under long-term global supply agreement

Aman Shukla — Thu, 05 Mar 2026 04:13:04 +0000

Aarti Industries Limited (AIL) has announced a material amendment to its exclusive long-term supply agreement with a leading global chemical company, marking a deeper strategic partnership and an expansion of the existing engagement. The revised arrangement strengthens the long-term supply framework for a high-value speciality chemical intermediate and reflects increasing integration between the two companies.

Under the original agreement, a key feedstock required for the manufacturing process was supplied by the customer. As part of the expanded scope, Aarti Industries will now undertake a backward integration project to manufacture a significant portion of this feedstock in-house. The move is aimed at transitioning the supply chain to a more integrated end-to-end manufacturing model within Aarti Industries’ facilities.

The company expects to invest around ₹200–250 crore over the next two years to develop the upstream integration facility. The new plant will be established at the same location as the existing manufacturing unit in Dahej SEZ, Gujarat, ensuring seamless supply to the current production line that operates under the main agreement.

The integration initiative is expected to strengthen operational efficiency by enabling fully integrated production of the end product from Aarti Industries’ facilities. Producing the feedstock internally is also expected to optimise operating costs and reduce freight expenses compared with external sourcing, while improving supply chain resilience and enhancing safety in materials handling.

Although the backward integration is not expected to materially impact the company’s revenue growth, it is anticipated to improve EBITDA margins through operational efficiencies and better cost management. The main agreement still has a residual tenure of about 15 years, providing a long runway for these integration benefits to support margin expansion over time.

Aarti Industries shares rally over 5% as Q2 revenue jumps 29% YoY to Rs 2,100 crore, EBITDA up 47.7%

Aman Shukla — Fri, 07 Nov 2025 03:59:13 +0000

Aarti Industries shares jumped over 5% in Friday’s trade after the company reported a strong set of numbers for the second quarter of FY25, driven by robust demand and improved margins. As of 9:27 AM, the shares were trading 5.13% higher at Rs 410.55.

On a year-on-year basis, revenue surged 29% to ₹2,100 crore, compared to ₹1,628 crore in the same quarter last year. EBITDA rose 47.7% to ₹291 crore, up from ₹197 crore, while the EBITDA margin improved to 13.9% from 12.1%.

The company’s net profit more than doubled to ₹106 crore as against ₹52 crore a year ago, reflecting better operational efficiency and cost management.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

DCM Shriram and Aarti Industries enter long-term chlorine supply agreement in Gujarat

Aman Shukla — Tue, 02 Sep 2025 11:18:08 +0000

DCM Shriram Ltd and Aarti Industries Ltd (AIL) have entered into a long-term strategic agreement for the supply of chlorine, further deepening their collaboration in the chemicals sector.

Under this partnership, DCM Shriram Chemicals will act as the exclusive supplier of chlorine from its Chlor-Alkali plant to Aarti Industries’ upcoming downstream chemicals facility at Zone IV, Jhagadia, Gujarat. To support this arrangement, the companies will build a state-of-the-art, jacketed underground chlorine pipeline connecting their plants. The pipeline has been designed with precision engineering to ensure maximum safety, operational reliability, and environmental protection.

Once fully operational, AIL is expected to purchase an additional 200 tonnes of chlorine per day, in addition to the existing 150 tonnes per day already being sourced from DCM Shriram Chemicals.

Speaking about the development, Mr. Sabaleel Nandy, ED and CEO of DCM Shriram Chemicals, said: “This agreement marks a milestone in strengthening the trust and collaboration between DCM Shriram and Aarti Industries. By committing long-term chlorine supply through world-class infrastructure, we are reinforcing our leadership in safe, sustainable, and reliable chemical integration. It also helps us enhance our ‘indirect chlorine integration,’ a key factor in maximizing value and optimizing caustic soda capacity utilization.”

Echoing this sentiment, Mr. Suyog Kotecha, CEO of Aarti Industries Ltd, added: “This partnership is based on mutual synergies to support cost-effective manufacturing of critical chemicals. Chlorine is vital to our value chain, and securing it through a dedicated pipeline ensures both reliability and efficiency. With this project at Zone IV, Jhagadia, we are building on our earlier experience at Zone II, while continuing our focus on long-term supply security, operational safety, and sustainability.”

Aarti Industries shares slip over 2% as Q1 revenue falls 9.5% YoY to Rs 1,675 crore

Aman Shukla — Fri, 01 Aug 2025 04:37:05 +0000

Shares of Aarti Industries edged lower by more than 2% on Friday after the company reported a subdued set of numbers for the quarter ended June 2025. As of 10:06 PM, the shares were trading 1.99% lower at Rs 411.70.

On a consolidated year-on-year basis, the company’s revenue declined 9.5% to ₹1,675 crore from ₹1,851 crore in the same quarter last year. EBITDA stood at ₹196 crore, down 34.4% from ₹299 crore, while margins came in at 11.7% compared to 16.2% a year ago. Net profit saw a sharp decline of 68.6% to ₹43 crore from ₹137 crore.

The stock opened at ₹410.00 and touched an intraday low of ₹409.00, while hitting a high of ₹417.75 so far in the session. In comparison, the previous close was ₹420.05. The stock’s 52-week range stands between ₹344.20 and ₹765.50.

Aarti Industries shares drop 4% as net profit falls 62.9% YoY in Q3

Aman Shukla — Mon, 03 Feb 2025 03:49:27 +0000

Aarti Industries Ltd. witnessed a 4% drop in its share price following the announcement of its financial results for the third quarter (Q3) and nine months ending December 31, 2024.

The company reported a steady increase in revenue, with net operations revenue reaching ₹1,840 crore, up from ₹1,732 crore in Q3 FY23. Total income also saw a growth, rising to ₹1,845 crore compared to ₹1,740 crore in the same quarter last year.

However, Aarti Industries’ net profit after tax significantly decreased to ₹46 crore, down from ₹124 crore in Q3 FY23. This decline in profitability was reflected in a lower EBITDA margin of 11.4%, compared to 13.7% in the previous year. Earnings per share (EPS) also saw a sharp decline, standing at ₹1.27 against ₹3.42 in Q3 FY23.

The company attributed the drop in profitability to rising raw material costs, which put pressure on overall margins. Additionally, finance costs rose to ₹85 crore due to increased borrowing expenses. On a positive note, Aarti Industries benefited from forward contracts used to hedge exports, which contributed to gains recognized under other comprehensive income.

Aarti Industries Q3FY25 results: Revenue rises 6.2% YoY to Rs 1,840 crore, net profit falls 62.9% to Rs 46 crore

Matrika Shukla — Sat, 01 Feb 2025 11:43:19 +0000

Aarti Industries Limited, a key player in the specialty chemicals sector, has announced its financial results for the third quarter (Q3) and nine months ended December 31, 2024. Despite market volatility, the company maintained a steady performance, driven by operational efficiencies and strategic investments.

Financial Highlights (Standalone)

Revenue from operations (Net): ₹1,749 crore, up slightly from ₹1,724 crore in Q3 FY23.
Total income: ₹1,755 crore, compared to ₹1,732 crore in the same period last year.
Net profit after tax: ₹47 crore, down from ₹124 crore in Q3 FY23.
EBITDA Margin: 11.9%, reflecting a slight decline from 13.8% a year ago.
Earnings per Share (EPS): ₹1.31, compared to ₹3.41 in Q3 FY23.

Financial Highlights (Consolidated)

Revenue from operations (Net): ₹1,840 crore, up from ₹1,732 crore in Q3 FY23.
Total income: ₹1,845 crore, compared to ₹1,740 crore last year.
Net profit after tax: ₹46 crore, lower than ₹124 crore in Q3 FY23.
EBITDA Margin: 11.4%, compared to 13.7% in the previous year.
EPS: ₹1.27, compared to ₹3.42 in Q3 FY23.

Key Operational and Financial Trends

The company continues to face cost pressures due to fluctuations in raw material prices, which impacted overall margins.
Finance costs rose to ₹85 crore in Q3, reflecting increased borrowing expenses.
The company reported a positive impact of forward contracts used to hedge exports, with gains recognized under other comprehensive income.
Aarti Industries retained its AA/Stable credit rating, demonstrating financial stability despite market challenges.

Aarti Industries remains committed to expanding its specialty chemicals portfolio and enhancing operational efficiencies. The company is also focusing on sustainable growth initiatives, including investment in green technologies and international market expansion.

Commenting on the results, Rajendra V. Gogri, Chairman & Managing Director, stated:
“Despite a challenging macroeconomic environment, we continue to strengthen our market position through strategic investments and operational excellence. Our long-term growth prospects remain intact as we enhance our product offerings and expand into new markets.”

With a strong balance sheet and continued focus on innovation, Aarti Industries is well-positioned to navigate economic uncertainties and drive long-term value creation for its stakeholders.

Aarti Industries subsidiary announces joint venture with Re Sustainability and Recycling to revolutionise plastic recycling

Aman Shukla — Wed, 29 Jan 2025 06:01:29 +0000

Aarti Industries Ltd, through its subsidiary Aarti Circularity Ltd (ACL), has announced a groundbreaking joint venture with Re Sustainability and Recycling Private Limited (ReSRL) to revolutionize plastic recycling in India. This partnership aims to transform plastic resource recovery and sustainable resource management practices, marking a significant step towards achieving a circular economy.

The joint venture will establish Plastic Materials Recycling Facilities (PMRFs) focused on segregating, extracting, and recycling plastic waste to produce Advanced Circular Materials (ACM). These ACMs can be used as raw materials, fuels, or recycled polymer feedstock. With an ambitious target to reach a resource recovery capacity of approximately 500 tons per day by 2030, this venture aims to enhance both material and energy circularity by exploring diverse feedstocks, including those from ReSRL’s operations.

The first PMRF will be set up in Hyderabad, Telangana, laying the foundation for advanced recycling infrastructure in the region. This initiative is a critical milestone in India’s journey toward sustainable waste management, underscoring the commitment to sustainability and technological innovation. The JVCo plans to partner with leading technology providers to establish state-of-the-art recycling facilities that will set new benchmarks in the country’s recycling and waste management sectors.

Aarti Industries expands Ethylation unit capacity at Dahej SEZ facility in Gujarat

Aman Shukla — Thu, 23 Jan 2025 14:22:12 +0000

Aarti Industries Limited has successfully completed the expansion of its Ethylation unit at the Dahej SEZ facility in Gujarat. With this development, the company’s production capacity has significantly increased from 8-10 KTPA to 25-30 KTPA.

This upgrade enhances the company’s operational flexibility, enabling it to produce a wider range of ethylation and propylation products. Additionally, the expansion supports scaling up production for its Nitro-toluene chain products.

In the exchange filing, Aarti Industries shared, “The Company has completed its project works in respect of its project “Capacity Enhancement of Ethylation unit” at Dahej SEZ Unit in the State of Gujarat. The Company has successfully commenced the production at this expanded facility. With this expansion the Company’s installed production capacity for ethylation has increased from about 8-10 KTPA to about 25-30 KTPA.”

Project Highlights:

Expanded ethylation unit capacity from 8-10 KTPA to 25-30 KTPA
Production has commenced at the upgraded facility
Increased flexibility for multipurpose ethylation and propylation products
Enhanced capability to scale up Nitro-toluene chain product volumes

Aarti Industries shares fall over 8% after weak Q2 FY25 results

Aman Shukla — Mon, 11 Nov 2024 04:02:43 +0000

Aarti Industries’ shares fell over 8% in morning trading after the company released disappointing Q2 FY25 results. Despite an 18.3% year-over-year (YoY) revenue increase, with revenue from operations reaching ₹1,716 crore in Q2 FY25 compared to ₹1,450 crore in Q2 FY24, the company faced a significant decline in profit.

The net profit dropped by 39.6%, standing at ₹55 crore compared to ₹91 crore in the same quarter last year. This decline is primarily due to increased expenses and operational challenges.

As of 9:32 am, Aarti Industries shares were trading 7.15% lower at Rs 440.50 on the NSE.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Aarti Industries Q2 results: Stock drops 4% ahead of result announcement

Aman Shukla — Fri, 08 Nov 2024 06:14:19 +0000

Aarti Industries Ltd. witnessed a sharp decline of more than 4% in its stock price ahead of the announcement of its Q2 results. The stock opened at ₹518.00 and peaked at ₹519.00, before hitting a low of ₹491.90.

Despite the recent dip, the stock has seen significant volatility over the past year, with a 52-week high of ₹769.25 and a low of ₹480.40.

As Aarti Industries prepares to report its Q2 earnings, market analysts are closely monitoring the results for insights into the company’s financial performance and future prospects.

As of 11:41 am, Aarti Industries shares were trading 4.52% lower at Rs 491.75 on the NSE.

Aarti Industries share price falls 3% as Morgan Stanley downgrades stock, cuts target price

Markets Desk — Wed, 04 Sep 2024 03:56:07 +0000

Shares of Aarti Industries slipped over 3% in the early morning trade today on the back of a negative brokerage note from Morgan Stanley. As of 9:20 AM, shares of Aarti Industries were down 1.14% at Rs 614.15 on the NSE. The stock however made an early low of Rs 594 on the NSE after opening.

Morgan Stanley in its latest note on chemicals today has downgraded Aarti Industries to “Underweight” (UW) with a reduced target price of Rs 568, down from Rs 613. The downgrade reflects Morgan Stanley’s concerns over volume traction at sub-par price points within an increasingly competitive landscape in the first quarter of FY25 (F1Q25). The brokerage believes that the company’s monetization remains in play, but with significantly lower margins, which could impact near-term performance.

Morgan Stanley downgrades Aarti Industries, increases target for PI Industries and Deepak Nitrite

Markets Desk — Wed, 04 Sep 2024 02:25:54 +0000

Morgan Stanley has made significant adjustments to its ratings and target prices for several key players in the Indian chemical sector.

Aarti Industries has been downgraded to “Underweight” (UW) with a reduced target price of Rs 568, down from Rs 613. The downgrade reflects Morgan Stanley’s concerns over volume traction at sub-par price points within an increasingly competitive landscape in the first quarter of FY25 (F1Q25). The brokerage believes that the company’s monetization remains in play, but with significantly lower margins, which could impact near-term performance.

PI Industries, on the other hand, has received an upgrade to “Equal Weight” (EW), with a new target price of Rs 4,300, up from Rs 3,350. Morgan Stanley’s positive outlook on PI Industries is driven by its strong fundamentals and potential for growth in the current market environment.

Deepak Nitrite continues to be Morgan Stanley’s top pick in the sector, reaffirmed with an “Overweight” (OW) rating. The target price for Deepak Nitrite has been raised to Rs 3,295 from Rs 2,975, highlighting the brokerage’s confidence in the company’s growth trajectory.

Despite these updates, Morgan Stanley cautions that earnings for the sector are not fully derisked, with upgrades likely to be some time away. The competitive pressures and challenges in monetization at lower margins are expected to continue influencing the performance of chemical companies in the near term.

Shares of Aarti Industries surge over 3% after partnership announcement with UPL

Aditya Bhagchandani — Fri, 24 May 2024 04:43:33 +0000

UPL has entered into a joint venture agreement with Aarti Industries for the manufacturing and marketing of specialty chemicals with applications in multiple downstream industries.

UPL and Aarti Industries plan to initially invest Rs. 12.50 crore each in the equity share capital of Augene Chemical, the proposed JV. Over approximately 24 months, they intend to invest an additional Rs. 137.50 crore each in one or more tranches in the form of equity capital, preference share capital, or debt.

Post subscription, both UPL and Aarti Industries will hold a 50% stake in Augene Chemical.

As of 10:05 AM, the shares of Aarti Industries were trading 3.06% higher at ₹646.15.

Stocks To Watch Today: Pidilite Industries, Mahanagar Gas, Nerolac Paints, Aarti Industries

Markets Desk — Tue, 09 May 2023 01:14:26 +0000

The SGX Nifty signals a weak start for the Sensex, Nifty today. Cues from US markets remained mixed as Dow Jones ended in the red, while S&P 500 and Nasdaq ended in the green on Monday. Markets in India however continued to gain higher as the dips continued to get bought into, whereas strong flows from foreign institutional investors lifted the sentiment.

Top stocks to watch today are Pidilite Industries, Mahanagar Gas, Nerolac Paints, Aarti Industries, besides others.

Pidilite Industries: Pidilite Industries posted a weak set of Q4 earnings against expectations of investors and analysts. The company’s revenue came in at Rs 2,689 crore against a CNBC-TV18 poll of Rs 2,732 crore. The company’s profit came in at Rs 286 crore against a poll of Rs 328 crore.

Mahanagar Gas (MGL): Mahanagar Gas Limited posted a mixed set of Q4 earnings as its revenue missed analyst expectations whereas the EBITDA came in higher than expectations. The company’s revenue came in at Rs 1,610 crore against the CNBC-TV18 poll of Rs 1,633 crore. The EBITDA for the quarter ended March 2023 stood at Rs 389 crore against expectations of Rs 316 crore.

Kansai Nerolac Paints: Kansai Nerolac paints will be in focus today after a strong set of Q4 earnings. The company’s revenue grew 12.8% to Rs 1,733 crore against Rs 1,536 crore in the same period last year. EBITDA for the quarter ended March 2023 stood at Rs 168 crore, while margins came in at 9.7% for the quarter.

Aarti Industries, Kalpataru Power Transmission are a few other stocks that will be in focus on the back of their Q4 numbers.