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 ₹ 458 Cr.
- Current Price ₹ 353
- High / Low ₹ 380 / 187
- Stock P/E 16.4
- Book Value ₹ 216
- Dividend Yield 0.27 %
- ROCE 14.8 %
- ROE 7.31 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has a low return on equity of 6.54% over last 3 years.
- Contingent liabilities of Rs.173 Cr.
- Dividend payout has been low at 7.37% of profits over last 3 years
- 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
Sector: Fertilizers Industry: Fertilizers
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
238 | 279 | 278 | 263 | 253 | 291 | 265 | 296 | 381 | 432 | 472 | 516 | 583 | |
187 | 221 | 223 | 216 | 210 | 245 | 222 | 254 | 325 | 386 | 424 | 461 | 517 | |
Operating Profit | 51 | 58 | 55 | 46 | 42 | 46 | 44 | 42 | 57 | 47 | 48 | 55 | 66 |
OPM % | 21% | 21% | 20% | 18% | 17% | 16% | 16% | 14% | 15% | 11% | 10% | 11% | 11% |
2 | 1 | 1 | 1 | -0 | 2 | 3 | 5 | 0 | 4 | 9 | 3 | 0 | |
Interest | 24 | 25 | 24 | 25 | 23 | 29 | 29 | 26 | 26 | 24 | 23 | 22 | 20 |
Depreciation | 8 | 9 | 10 | 11 | 7 | 2 | 2 | 5 | 6 | 6 | 8 | 8 | 8 |
Profit before tax | 20 | 25 | 22 | 12 | 12 | 17 | 16 | 16 | 25 | 20 | 25 | 28 | 38 |
Tax % | 21% | 26% | 13% | 33% | 54% | 46% | 50% | 46% | 30% | 36% | 37% | 35% | |
16 | 19 | 19 | 8 | 5 | 9 | 8 | 8 | 16 | 12 | 16 | 18 | 27 | |
EPS in Rs | 10.75 | 12.50 | 12.96 | 5.56 | 5.43 | 8.06 | 7.60 | 7.49 | 13.81 | 10.22 | 13.17 | 14.94 | 21.79 |
Dividend Payout % | 14% | 16% | 15% | 27% | 37% | 29% | 24% | 7% | 6% | 8% | 8% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 14% |
3 Years: | 11% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | 19% |
3 Years: | 4% |
TTM: | 125% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 42% |
3 Years: | 37% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 146 | 164 | 165 | 159 | 162 | 170 | 176 | 181 | 198 | 211 | 230 | 247 | 268 |
190 | 178 | 167 | 167 | 137 | 171 | 172 | 150 | 143 | 112 | 100 | 74 | 37 | |
80 | 93 | 99 | 109 | 137 | 123 | 133 | 143 | 148 | 173 | 177 | 184 | 254 | |
Total Liabilities | 429 | 448 | 444 | 448 | 450 | 477 | 494 | 487 | 501 | 509 | 520 | 518 | 572 |
101 | 100 | 87 | 87 | 71 | 88 | 95 | 48 | 55 | 68 | 75 | 96 | 105 | |
CWIP | 14 | 11 | 9 | 16 | 22 | 14 | 15 | 12 | 13 | -0 | -0 | 2 | 0 |
Investments | 2 | 2 | 2 | 2 | -0 | -0 | -0 | 59 | 57 | 57 | 62 | 63 | 69 |
313 | 335 | 345 | 342 | 357 | 376 | 384 | 368 | 376 | 384 | 382 | 357 | 398 | |
Total Assets | 429 | 448 | 444 | 448 | 450 | 477 | 494 | 487 | 501 | 509 | 520 | 518 | 572 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 31 | 38 | 34 | 48 | 14 | 44 | 59 | 56 | 69 | 54 | 77 | |
-0 | 2 | -11 | -25 | 13 | -2 | -10 | -41 | -14 | -13 | -16 | -26 | |
-0 | -41 | -31 | -9 | -59 | -12 | -36 | -21 | -43 | -56 | -37 | -50 | |
Net Cash Flow | -0 | -8 | -4 | -0 | 2 | 0 | -2 | -4 | -0 | 0 | 1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 155 | 173 | 172 | 164 | 206 | 228 | 256 | 143 | 118 | 100 | 91 | 80 |
Inventory Days | 444 | 387 | 394 | 412 | 518 | 363 | 478 | 466 | 271 | 234 | 210 | 177 |
Days Payable | 115 | 117 | 110 | 84 | 128 | 165 | 207 | 197 | 101 | 111 | 90 | 66 |
Cash Conversion Cycle | 483 | 443 | 457 | 493 | 596 | 426 | 526 | 412 | 288 | 224 | 212 | 191 |
Working Capital Days | 360 | 334 | 356 | 374 | 362 | 338 | 368 | 291 | 230 | 187 | 167 | 130 |
ROCE % | 13% | 14% | 12% | 10% | 10% | 12% | 12% | 12% | 14% | 13% | 14% | 15% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24h
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Reply To BSE Letter
27 Nov - Clarification on price movement due to market conditions.
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Clarification Sought from Aries Agro Ltd
27 Nov - Exchange has sought clarification from Aries Agro Ltd on November 27, 2024 with reference to significant movement in price, in order to ensure that investors …
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UPDATE-Litigation
27 Nov - Tax demand of Rs. 5.05 Cr set aside by CIT.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Nov
Annual reports
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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
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Financial Year 2012
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Financial Year 2011
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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