Aries Agro Ltd
Incorporated in 1969, Aries Agro Ltd offers products in the primary, secondary and microfertilizer sector, ranging from individual elements to mixed specialty plant nutrient fertilizers[1]
- Market Cap ₹ 439 Cr.
- Current Price ₹ 337
- High / Low ₹ 460 / 285
- Stock P/E 11.4
- Book Value ₹ 231
- Dividend Yield 0.36 %
- ROCE 22.3 %
- ROE 14.0 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 11.9% over last 3 years.
- Contingent liabilities of Rs.167 Cr.
- Company's cost of borrowing seems high
* 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.
Peer comparison
Commodities Chemicals Fertilizers & Agrochemicals Fertilizers
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 209 | 208 | 217 | 261 | 265 | 296 | 381 | 432 | 470 | 508 | 598 | 718 | |
| 172 | 176 | 177 | 216 | 220 | 253 | 324 | 384 | 423 | 453 | 538 | 638 | |
| Operating Profit | 37 | 32 | 40 | 45 | 45 | 43 | 57 | 48 | 47 | 55 | 60 | 80 |
| OPM % | 18% | 15% | 18% | 17% | 17% | 14% | 15% | 11% | 10% | 11% | 10% | 11% |
| 1 | 1 | 2 | 4 | 7 | 11 | 5 | 9 | 13 | 6 | 8 | 0 | |
| Interest | 21 | 21 | 21 | 25 | 27 | 26 | 26 | 24 | 23 | 22 | 18 | 17 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 5 | 6 | 6 | 8 | 7 | 8 | 10 |
| Profit before tax | 15 | 10 | 18 | 22 | 23 | 23 | 30 | 27 | 29 | 32 | 41 | 53 |
| Tax % | 22% | 39% | 35% | 35% | 34% | 32% | 25% | 28% | 31% | 31% | 22% | 28% |
| 12 | 6 | 12 | 14 | 15 | 16 | 23 | 19 | 20 | 22 | 32 | 38 | |
| EPS in Rs | 9.08 | 4.92 | 9.10 | 10.88 | 11.46 | 12.00 | 17.41 | 14.63 | 15.56 | 16.77 | 24.80 | 29.51 |
| Dividend Payout % | 22% | 30% | 22% | 21% | 16% | 4% | 5% | 5% | 6% | 6% | 5% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 15% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 11% |
| 3 Years: | 24% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 24% |
| 3 Years: | 28% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 122 | 113 | 122 | 133 | 144 | 155 | 178 | 196 | 214 | 235 | 262 | 288 |
| 114 | 114 | 112 | 149 | 161 | 150 | 142 | 110 | 98 | 65 | 39 | 56 | |
| 55 | 60 | 71 | 90 | 107 | 136 | 143 | 168 | 172 | 179 | 234 | 254 | |
| Total Liabilities | 304 | 299 | 318 | 385 | 425 | 454 | 476 | 486 | 497 | 491 | 548 | 611 |
| 21 | 26 | 25 | 34 | 39 | 48 | 54 | 65 | 70 | 77 | 92 | 117 | |
| CWIP | 9 | 9 | 15 | 14 | 15 | 12 | 12 | 0 | 0 | 2 | 10 | 0 |
| Investments | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 23 | 29 | 31 | 67 |
| 254 | 244 | 258 | 317 | 352 | 374 | 389 | 401 | 405 | 384 | 415 | 427 | |
| Total Assets | 304 | 299 | 318 | 385 | 425 | 454 | 476 | 486 | 497 | 491 | 548 | 611 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 | 25 | 30 | 31 | 48 | 57 | 55 | 66 | 53 | 74 | 101 | ||
| 3 | -12 | -4 | -37 | -31 | -24 | -12 | -8 | -15 | -18 | -29 | ||
| -38 | -13 | -25 | 7 | -19 | -37 | -43 | -58 | -37 | -56 | -44 | ||
| Net Cash Flow | -4 | 0 | 1 | 0 | -2 | -4 | -0 | 0 | 1 | -1 | 28 | |
| Free Cash Flow | 30 | 19 | 23 | 21 | 40 | 44 | 42 | 62 | 40 | 57 | 70 | |
| CFO/OP | 99% | 92% | 91% | 85% | 124% | 150% | 108% | 153% | 125% | 151% | 185% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 171 | 142 | 135 | 133 | 137 | 125 | 104 | 90 | 84 | 77 | 69 | |
| Inventory Days | 427 | 364 | 553 | 458 | 478 | 466 | 271 | 233 | 208 | 177 | 141 | |
| Days Payable | 137 | 82 | 143 | 185 | 189 | 197 | 101 | 108 | 86 | 64 | 57 | |
| Cash Conversion Cycle | 461 | 424 | 545 | 406 | 425 | 394 | 275 | 215 | 206 | 190 | 153 | |
| Working Capital Days | 163 | 137 | 140 | 126 | 130 | 135 | 118 | 125 | 128 | 122 | 95 | |
| ROCE % | 14% | 13% | 16% | 17% | 16% | 16% | 17% | 16% | 16% | 17% | 19% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capacity Utilization (India) % |
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| Installed Production Capacity (India) Metric Tonnes Per Annum (MTPA) |
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| Production Volume (India / Standalone) Metric Tonnes (MT) |
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| Number of Dealers/Distributors (Annual Booking Participation) Count |
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| Number of Farmers Reached (Annual Impact) Number (Lakhs/Millions) |
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| Number of Brands/Products Count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - FY2026 revenue rose 18.93% to Rs 956.88 crore; PAT increased 26.5% to Rs 42.37 crore.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Aries Agro filed its Annual Secretarial Compliance Report for 2025-26 with BSE and NSE.
- Corporate Action-Board approves Dividend 28 May
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Financial Results For The Fourth Quarter And Financial Year Ended 31.03.2026
28 May - Aries Agro approved FY26 audited results and recommended 25% dividend: Rs 2.50 per share.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 28.05.2026
28 May - Aries Agro approved FY26 audited results and recommended 25% dividend, including Rs 1.50 final and Rs 1.00 special.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
Business Overview:[1][2][3]
AAL is in the business of manufacturing micronutrients and other customized nutritional products for plants and animals. It introduced the chelation technology for manufacturing micronutrients in India and is the market leader in the same. Company offers bio-degradable complexes of plant nutrients, water soluble NPK fertilizers, value added secondary nutrients, natural and biological products and water treatment formulations. Currently, company has 134 brands customized based on crop, and agro climatic requirements, with 21 organically certified products