Aarti Industries
Market Cap
₹134.4b
Last Updated
2019/09/18 12:42 UTC
Data Sources
Company Financials +
Executive Summary
Aarti Industries Limited manufactures and sells benzene based derivatives in India.
Snowflake
Fundamentals
Excellent balance sheet with reasonable growth potential and pays a dividend.
Similar Companies
Share Price & News
How has Aarti Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-2.4%
BSE:524208
-0.9%
IN Chemicals
-1.2%
IN Market
1 Year Return
19.0%
BSE:524208
-0.8%
IN Chemicals
-10.7%
IN Market
524208 outperformed the Chemicals industry which returned -1.5% over the past year.
524208 outperformed the Market in India which returned -11.5% over the past year.
Share holder returns
| 524208 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -0.9% | -1.2% |
| 30 Day | -0.7% | 1.1% | -0.6% |
| 90 Day | -9.6% | -1.0% | -7.7% |
| 1 Year | 19.8%19.0% | 0.4%-0.8% | -9.0%-10.7% |
| 3 Year | 154.4%152.1% | 30.2%26.2% | 17.2%11.2% |
| 5 Year | 463.0%439.0% | 108.8%97.0% | 34.9%22.0% |
Price Volatility Vs. Market
How volatile is Aarti Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Best Growth Stock in July1 year ago | Simply Wall St
Best Growth Stock in July1 year ago | Simply Wall St
Best Growth Stock in JulyValuation
Is Aarti Industries undervalued based on future cash flows and its price relative to the stock market?
27.47x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Aarti Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Aarti Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Aarti Industries is overvalued based on earnings compared to the IN Chemicals industry average.
Aarti Industries is overvalued based on earnings compared to the India market.
Price Based on Expected Growth
Aarti Industries is poor value based on expected growth next year.
Price Based on Value of Assets
Aarti Industries is overvalued based on assets compared to the IN Chemicals industry average.
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Future Growth
How is Aarti Industries expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
18.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Aarti Industries's revenue is expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
Aarti Industries's earnings are expected to grow by 18.6% yearly, however this is not considered high growth (20% yearly).
Aarti Industries's revenue growth is expected to exceed the India market average.
Aarti Industries's earnings growth is expected to exceed the India market average.
Aarti Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Earnings per Share Growth Estimates
Future Return on Equity
Aarti Industries is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
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Past Performance
How has Aarti Industries performed over the past 5 years?
20.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Aarti Industries has delivered over 20% year on year earnings growth in the past 5 years.
Aarti Industries's 1-year earnings growth exceeds its 5-year average (47.7% vs 20.4%)
Aarti Industries's earnings growth has exceeded the IN Chemicals industry average in the past year (47.7% vs 9.3%).
Return on Equity
Aarti Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Aarti Industries used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
Return on Capital Employed
Aarti Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Aarti Industries's financial position?
Financial Position Analysis
Aarti Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Aarti Industries's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Aarti Industries's level of debt (88.4%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (119.6% vs 88.4% today).
Debt is well covered by operating cash flow (30.7%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 4.6x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.1x debt.
Next Steps
Dividend
What is Aarti Industries's current dividend yield, its reliability and sustainability?
0.67%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Aarti Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.57%).
Aarti Industries's dividend is below the markets top 25% of dividend payers in India (2.35%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (5.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (5.3x coverage).
Next Steps
Management
What is the CEO of Aarti Industries's salary, the management and board of directors tenure and is there insider trading?
15.8yrs
Average board tenure
CEO
Rajendra Gogri (60yo)
0yrs
Tenure
₹43,183,000
Compensation
Mr. Rajendra Vallabhaji Gogri has been the Managing Director of Aarti Industries Ltd. since July 1, 1993. Mr. Gogri has wide experience of over 24 years in Chemical Industry handling production, marketing, ...
CEO Compensation Analysis
Rajendra's remuneration is about average for companies of similar size in India.
Rajendra's compensation has been consistent with company performance over the past year, both up more than 20%.
Board Age and Tenure
15.8yrs
Average Tenure
65yo
Average Age
The average tenure for the Aarti Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
Aarti Industries individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 212,811 |
| Max Price | ₹1,592.39 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 131,753 |
| Max Price | ₹1,785.15 |
| Entity | Individual |
| Role | Member of the Board of Directors Whole Time Director |
| Shares | 950 |
| Max Price | ₹1,862.28 |
| Entity | Individual |
| Shares | 800 |
| Max Price | ₹1,797.30 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 35,500 |
| Max Price | ₹1,789.37 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 16,500 |
| Max Price | ₹1,732.49 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 14,000 |
| Max Price | ₹1,728.93 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 15,000 |
| Max Price | ₹1,713.49 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 10,000 |
| Max Price | ₹1,735.98 |
| Entity | Company |
| Shares | 40,000 |
| Max Price | ₹1,721.16 |
| Entity | Company |
| Shares | 3,058 |
| Max Price | ₹1,737.78 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 8,706 |
| Max Price | ₹1,737.59 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 1,050 |
| Max Price | ₹1,777.04 |
| Entity | Company |
| Shares | 37,966 |
| Max Price | ₹1,797.64 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 2,450 |
| Max Price | ₹1,802.04 |
| Entity | Company |
| Shares | 14,000 |
| Max Price | ₹1,864.25 |
| Entity | Company |
| Shares | 5,000 |
| Max Price | ₹1,791.70 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 36 |
| Max Price | ₹1,589.39 |
| Entity | Individual |
| Shares | 938 |
| Max Price | ₹1,429.88 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman |
| Shares | 6,300 |
| Max Price | ₹15,029.65 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 11,000 |
| Max Price | ₹1,562.89 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 12,000 |
| Max Price | ₹1,563.89 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 7,500 |
| Max Price | ₹1,489.39 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 20,000 |
| Max Price | ₹1,452.75 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 1,867 |
| Max Price | ₹1,449.91 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 19,300 |
| Max Price | ₹1,457.93 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 7,939 |
| Max Price | ₹1,447.42 |
| Entity | Company |
| Shares | 7,000 |
| Max Price | ₹1,446.21 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,442.44 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 18,000 |
| Max Price | ₹1,448.28 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 122,291 |
| Max Price | ₹1,418.84 |
| Entity | Individual |
| Shares | 750 |
| Max Price | ₹1,525.79 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 2,869 |
| Max Price | ₹1,401.65 |
| Entity | Individual |
| Role | Chairman Emeritus Founder & Chairman Emeritus |
| Shares | 1,000 |
| Max Price | ₹1,327.23 |
| Entity | Company |
| Shares | 4,400 |
| Max Price | ₹1,341.54 |
Ownership Breakdown
Management Team
Shantilal Shah (81yo)
Vice Chairman
- Tenure: 29.4yrs
- Compensation: ₹268.00k
Rashesh Gogri (45yo)
Vice Chairman & MD
- Tenure: 7.1yrs
- Compensation: ₹43.18m
Rajendra Gogri (60yo)
Chairman & MD
- Tenure: 0yrs
- Compensation: ₹43.18m
Chandrakant Gogri (73yo)
Founder & Chairman Emeritus
- Tenure: 7.1yrs
- Compensation: ₹523.95k
Kirit Mehta (71yo)
Whole Time Director
- Tenure: 19yrs
- Compensation: ₹4.40m
Hetal Gogri (44yo)
Whole Time Director
- Tenure: 17.8yrs
- Compensation: ₹40.41m
Parimal Desai (70yo)
Whole Time Director
- Tenure: 35yrs
- Compensation: ₹12.96m
Manoj Chheda (57yo)
Whole Time Director
- Tenure: 25.8yrs
- Compensation: ₹13.68m
Renil Gogri (32yo)
Whole Time Director
- Tenure: 7.1yrs
- Compensation: ₹21.99m
Chetan Gandhi
Chief Financial Officer
- Tenure: 5.3yrs
Board Members
Ramdas Gandhi (86yo)
Independent Non-Executive Director
- Tenure: 13.8yrs
- Compensation: ₹132.00k
Shantilal Shah (81yo)
Vice Chairman
- Tenure: 29.4yrs
- Compensation: ₹268.00k
Rashesh Gogri (45yo)
Vice Chairman & MD
- Tenure: 7.1yrs
- Compensation: ₹43.18m
Rajendra Gogri (60yo)
Chairman & MD
- Tenure: 0yrs
- Compensation: ₹43.18m
Chandrakant Gogri (73yo)
Founder & Chairman Emeritus
- Tenure: 7.1yrs
- Compensation: ₹523.95k
Kirit Mehta (71yo)
Whole Time Director
- Tenure: 19yrs
- Compensation: ₹4.40m
Hetal Gogri (44yo)
Whole Time Director
- Tenure: 17.8yrs
- Compensation: ₹40.41m
Parimal Desai (70yo)
Whole Time Director
- Tenure: 35yrs
- Compensation: ₹12.96m
Manoj Chheda (57yo)
Whole Time Director
- Tenure: 25.8yrs
- Compensation: ₹13.68m
Renil Gogri (32yo)
Whole Time Director
- Tenure: 7.1yrs
- Compensation: ₹21.99m
Company Information
Aarti Industries Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aarti Industries Limited
- Ticker: 524208
- Exchange: BSE
- Founded: 1975
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: ₹134.448b
- Shares outstanding: 87.12m
- Website: https://www.aarti-industries.com
Location
- Aarti Industries Limited
- 71, Udyog Kshetra
- 2nd Floor
- Mumbai
- Maharashtra
- 400080
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 524208 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2001 |
| AARTIIND | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2001 |
Biography
Aarti Industries Limited manufactures and sells benzene based derivatives in India. The company operates through two segments, Speciality Chemicals and Pharmaceuticals. It offers di chloro benzene, nitro c ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/18 12:42 |
| End of Day Share Price | 2019/09/18 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.