Aries Agro Ltd

Aries Agro Ltd

₹ 337 -0.46%
01 Jun 1:57 p.m.
About

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]

Key Points

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

  • Market Cap 439 Cr.
  • Current Price 337
  • High / Low 460 / 285
  • Stock P/E 10.2
  • Book Value 246
  • Dividend Yield 0.36 %
  • ROCE 22.8 %
  • ROE 14.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 19.0% CAGR over last 5 years
  • Company's working capital requirements have reduced from 77.8 days to 61.5 days

Cons

  • Company has a low return on equity of 11.8% over last 3 years.
  • Contingent liabilities of Rs.173 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
92.65 107.37 158.21 147.15 106.79 135.40 193.66 170.36 127.77 161.15 204.32 202.50 184.80
92.89 94.59 128.72 130.11 107.63 119.96 159.37 148.78 126.81 139.33 166.17 173.92 184.49
Operating Profit -0.24 12.78 29.49 17.04 -0.84 15.44 34.29 21.58 0.96 21.82 38.15 28.58 0.31
OPM % -0.26% 11.90% 18.64% 11.58% -0.79% 11.40% 17.71% 12.67% 0.75% 13.54% 18.67% 14.11% 0.17%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 5.45 3.77 9.45 3.81 5.32 3.03 7.87 4.81 2.84 4.84 7.54 1.96 3.37
Depreciation 2.51 1.79 2.11 1.86 1.98 1.79 2.42 2.11 3.01 2.48 2.56 2.78 3.03
Profit before tax -8.20 7.22 17.93 11.37 -8.14 10.62 24.00 14.66 -4.89 14.50 28.05 23.84 -6.09
Tax % 17.93% 36.15% 31.01% 32.28% -22.97% 32.49% 21.83% 21.69% -20.04% 31.45% 29.02% 27.39% -21.51%
-9.67 4.62 12.37 7.69 -6.28 7.16 18.76 11.48 -3.91 9.93 19.92 17.31 -4.79
EPS in Rs -7.21 3.65 9.60 6.01 -4.32 5.59 14.51 8.90 -2.84 7.71 15.39 13.26 -3.40
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
278 263 253 291 265 296 381 432 472 516 622 753
223 216 210 245 222 254 325 386 424 461 554 664
Operating Profit 55 46 42 46 44 42 57 47 48 55 68 89
OPM % 20% 18% 17% 16% 16% 14% 15% 11% 10% 11% 11% 12%
1 1 -0 2 3 5 0 4 9 3 5 0
Interest 24 25 23 29 29 26 26 24 23 22 19 18
Depreciation 10 11 7 2 2 5 6 6 8 8 9 11
Profit before tax 22 12 12 17 16 16 25 20 25 28 44 60
Tax % 13% 33% 54% 46% 50% 46% 30% 36% 37% 35% 25% 30%
19 8 5 9 8 8 16 12 16 18 33 42
EPS in Rs 12.96 5.56 5.43 8.06 7.60 7.49 13.81 10.22 13.17 14.94 26.16 32.95
Dividend Payout % 15% 27% 37% 29% 24% 7% 6% 8% 8% 7% 5% 8%
Compounded Sales Growth
10 Years: 11%
5 Years: 15%
3 Years: 17%
TTM: 21%
Compounded Profit Growth
10 Years: 19%
5 Years: 19%
3 Years: 36%
TTM: 27%
Stock Price CAGR
10 Years: 12%
5 Years: 24%
3 Years: 28%
1 Year: 13%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 12%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 165 159 162 170 176 181 198 211 230 247 277 307
167 167 137 171 172 150 143 112 100 74 49 67
99 109 137 123 133 143 148 173 177 184 243 272
Total Liabilities 444 448 450 477 494 487 501 509 520 518 581 658
87 87 71 88 95 48 55 68 75 96 110 114
CWIP 9 16 22 14 15 12 13 0 0 2 10 21
Investments 2 2 0 0 0 59 57 57 62 63 67 106
345 342 357 376 384 368 376 384 382 357 395 417
Total Assets 444 448 450 477 494 487 501 509 520 518 581 658

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
38 34 48 14 44 59 56 69 54 77 105
-11 -25 13 -2 -10 -41 -14 -13 -16 -26 -34
-31 -9 -59 -12 -36 -21 -43 -56 -37 -50 -45
Net Cash Flow -4 -0 2 0 -2 -4 -0 0 1 1 26
Free Cash Flow 32 20 47 4 36 46 42 63 39 46 74
CFO/OP 80% 81% 128% 46% 120% 155% 111% 162% 126% 155% 170%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 172 164 206 228 256 143 118 100 91 80 69
Inventory Days 394 412 518 363 478 466 271 234 210 177 150
Days Payable 110 84 128 165 207 197 101 111 90 66 60
Cash Conversion Cycle 457 493 596 426 526 412 288 224 212 191 159
Working Capital Days 164 162 186 150 156 130 108 109 108 97 74
ROCE % 12% 10% 10% 12% 12% 12% 14% 13% 14% 15% 18%

Insights

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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) ・Standalone data
Production Volume (India / Standalone)
Metric Tonnes (MT) ・Standalone data
Number of Dealers/Distributors (Annual Booking Participation)
Count ・Standalone data
Number of Farmers Reached (Annual Impact)
Number (Lakhs/Millions)
Number of Brands/Products
Count ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
52.66% 52.66% 52.66% 52.66% 52.66% 52.66% 52.66% 52.66% 52.66% 52.66% 52.66% 52.66%
1.78% 2.10% 2.38% 3.29% 3.08% 2.53% 3.38% 2.98% 4.29% 3.20% 2.91% 3.25%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.26% 0.00% 0.00% 0.00%
45.56% 45.23% 44.96% 44.04% 44.25% 44.81% 43.95% 44.37% 42.79% 44.13% 44.45% 44.09%
No. of Shareholders 17,88717,89916,71519,51820,51821,99721,18820,50319,42219,62719,15118,347

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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