Aarti Surfactants Ltd
Incorporated in 2018, Aarti Surfactants
Ltd is in the business of Home and personal care ingredients[1]
- Market Cap ₹ 584 Cr.
- Current Price ₹ 691
- High / Low ₹ 854 / 543
- Stock P/E 27.4
- Book Value ₹ 258
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 2.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.25% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
326 | 466 | 576 | 601 | 590 | |
302 | 420 | 543 | 554 | 528 | |
Operating Profit | 24 | 46 | 32 | 48 | 62 |
OPM % | 7% | 10% | 6% | 8% | 11% |
0 | 0 | 0 | 0 | 0 | |
Interest | 10 | 10 | 11 | 15 | 14 |
Depreciation | 11 | 12 | 12 | 15 | 16 |
Profit before tax | 3 | 23 | 9 | 18 | 32 |
Tax % | 29% | 6% | 41% | 29% | 34% |
2 | 22 | 5 | 13 | 21 | |
EPS in Rs | 2.46 | 25.45 | 6.46 | 14.94 | 25.22 |
Dividend Payout % | 0% | 11% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 0% |
TTM: | 68% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -23% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 8 | 8 |
Reserves | 103 | 125 | 128 | 160 | 210 |
Preference Capital | 19 | 19 | 20 | 21 | |
90 | 133 | 141 | 128 | 99 | |
61 | 121 | 125 | 106 | 105 | |
Total Liabilities | 262 | 387 | 402 | 402 | 422 |
151 | 187 | 173 | 207 | 209 | |
CWIP | 14 | 20 | 52 | 8 | 7 |
Investments | 0 | 0 | 0 | 0 | 0 |
97 | 180 | 178 | 187 | 206 | |
Total Assets | 262 | 387 | 402 | 402 | 422 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
18 | 36 | 23 | 25 | 52 | |
-2 | -60 | -23 | 9 | -16 | |
-16 | 32 | -6 | -27 | -37 | |
Net Cash Flow | 0 | 7 | -5 | 6 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 20 | 43 | 35 | 40 | 43 |
Inventory Days | 83 | 76 | 60 | 60 | 81 |
Days Payable | 28 | 81 | 56 | 44 | 55 |
Cash Conversion Cycle | 75 | 38 | 38 | 55 | 69 |
Working Capital Days | 67 | 59 | 51 | 65 | 70 |
ROCE % | 13% | 7% | 11% |
Documents
Announcements
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Right'S Issue 10 May
- Certificate Under Reg.40 Of SEBI (LODR) Regulations, 2015 25 Apr
- Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Apr
- Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2024 22 Apr
- Re-Appointment Of Auditors 22 Apr
Business Overview:[1][2]
ASL is a part of the Arti group. It was formed as a result of the demerger of the home and personal care division of Aarti Industries Limited. ASL is a producer of ionic and non-ionic surfactants and specialty products, serving Home & Personal Care, Industrial Applications, Agro and Oil industries.
It also manufactures formulated blends