Aarti Industries Management
Management criteria checks 3/4
Aarti Industries' CEO is Suyog Kotecha, appointed in Jun 2024, has a tenure of 2.17 years. total yearly compensation is ₹35.50M, comprised of 77.7% salary and 22.3% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹668.80K. The average tenure of the management team and the board of directors is 10.5 years and 16.9 years respectively.
Key information
Suyog Kotecha
Chief executive officer
₹35.5m
Total compensation
| CEO salary percentage | 77.75% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.0003% |
| Management average tenure | 10.5yrs |
| Board average tenure | 16.9yrs |
Recent management updates
Recent updates
Narrative Update • Jun 16
524208: Backward Integration And Upcoming Board Decisions Will Support Long Term Prospects
Aarti Industries' analyst fair value estimate has been updated from ₹497.86 to ₹526.09, with analysts pointing to adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as the key drivers behind the revised target. What’s in the News for Aarti Industries A board meeting of Aarti Industries is scheduled for May 4, 2026, to consider and approve the audited financial results for the quarter ended March 31, 2026.
Narrative Update • Jun 02
524208: Long Term Supply Deals Will Support Margins While Shares Remain Exposed
Analysts have nudged their fair value estimate for Aarti Industries up from about ₹399.79 to roughly ₹415.45, citing updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News A Board Meeting is scheduled for May 4, 2026, to consider and approve audited financial results for the quarter ended March 31, 2026, and audited financial statements for the full financial year ended March 31, 2026.Narrative Update • May 08
524208: Long Term Supply Deals Will Support Margins But Leave Shares Vulnerable
Analysts have raised Aarti Industries' fair value estimate from ₹381.83 to ₹399.79, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News A Board meeting is scheduled for May 4, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026, and to consider a dividend for FY2025-26 (Key Developments).Narrative Update • Apr 23
524208: Supply Agreements And Backward Integration Will Support Steady Long Term Prospects
The analyst price target for Aarti Industries has been adjusted slightly from about ₹500.00 to about ₹497.86. Analysts attribute this change to updated fair value estimates, a refined discount rate, steady revenue growth assumptions, a marginally higher profit margin, and a similar forward P/E expectation.Narrative Update • Apr 08
524208: Long Term Supply Deals And Integration Plans Will Guide Fair Outlook
Analysts have lifted their price target on Aarti Industries slightly to ₹381.83 from ₹378.03. They pointed to updated assumptions around revenue growth, profit margins and future P/E expectations as key inputs behind the revision.Narrative Update • Mar 24
524208: Long Term Supply Deals And Backward Integration Will Support A More Constructive Outlook
Analysts have inched up their price target for Aarti Industries to ₹499.95 from ₹499.29, citing refined assumptions around discount rate, revenue growth, profit margin, and future P/E as key drivers of the revision. What's in the News Aarti Industries entered into a multi-year supply agreement with a top global agrochemical company for a critical intermediate used in crop protection formulations, running through March 31, 2030, and structured as a long-term contract.Narrative Update • Mar 10
524208: Future Supply Contracts And Earnings Review Will Shape Fair Outlook
Analysts have raised their price target for Aarti Industries from ₹330.00 to about ₹378.03. This change reflects updated assumptions around discount rates, profit margins and future P/E levels.Narrative Update • Feb 23
524208: Supply Contracts And Upcoming Results Will Drive A More Constructive Outlook
Aarti Industries' analyst price target has shifted slightly higher from about ₹495.95 to roughly ₹499.29, as analysts factor in updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Aarti Industries has scheduled a board meeting on Feb 2, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Feb 09
524208: Supply Contracts And Upcoming Results Will Shape A More Balanced Outlook
Analysts have lifted their fair value estimate for Aarti Industries from ₹458.23 to ₹495.95, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Aarti Industries has scheduled a board meeting on Feb 2, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update • Jan 25
524208: Long Term Feedstock Contracts Will Support Future Margin Stability And Upside
Narrative update on Aarti Industries price target The analyst price target for Aarti Industries has been adjusted slightly higher to ₹599.07 from ₹598.56 as analysts refine their assumptions around revenue, profit margins and future P/E expectations. What’s in the News Board meeting scheduled on Nov 06, 2025 to review unaudited financial results for the quarter and half year ended Sep 30, 2025, along with the statement of assets and liabilities, cash flow statement and limited review report.Narrative Update • Jan 10
524208: Long Term Feedstock Contracts Will Support Future Margin Stability And Upside
Analysts have maintained their fair value estimate for Aarti Industries at ₹598.56. The updated price target reflects slightly adjusted assumptions for the discount rate, revenue growth and profit margin, while keeping the future P/E expectation broadly similar.Narrative Update • Dec 26
524208: Long Term Feedstock Contracts Will Support Future Margin Stability And Upside
Analysts have marginally raised their price target on Aarti Industries to ₹598.56, citing slightly higher expected revenue growth and profit margins, partly offset by a modestly lower future P/E multiple and discount rate. What's in the News Aarti Industries has secured multiple long term supply contracts for key feedstock chemicals Methanol and Toluene with leading manufacturers and suppliers across GCC countries and South East Asia, enhancing raw material security and supply predictability (company announcement).Narrative Update • Dec 12
524208: Future Margin Improvement And Upcoming Results Will Support Bullish Outlook
Analysts have trimmed their price target on Aarti Industries slightly from ₹621 to ₹599, citing tempered expectations for revenue growth and valuation multiples, partly offset by a modest improvement in the profit margin outlook. What's in the News The board meeting is scheduled for November 06, 2025, at 11:30 Indian Standard Time to review unaudited financial results for the quarter and half year ended September 30, 2025 (company filing).Narrative Update • Aug 06
Capacity Expansions And Greener Chemistries Will Shape The Chemical Future
Despite an improved consensus revenue growth outlook and a marginally lower future P/E, analysts have reduced their fair value estimate for Aarti Industries, with the price target decreasing from ₹493.14 to ₹467.09. What's in the News Board meeting scheduled to consider and approve audited financial results for the quarter ended June 30, 2025.
New Narrative • Jan 24
Expansion And Partnerships Will Unlock Future Opportunities In Sunrise Chemical Sectors
Expansion in chemical chains and strategic alliances are enhancing production efficiency and opening new revenue streams for long-term growth.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | ₹5b |
| Mar 31 2026 | n/a | n/a | ₹4b |
| Dec 31 2025 | n/a | n/a | ₹4b |
| Sep 30 2025 | n/a | n/a | ₹3b |
| Jun 30 2025 | n/a | n/a | ₹2b |
| Mar 31 2025 | ₹36m | ₹28m | ₹3b |
Compensation vs Market: Suyog's total compensation ($USD370.87K) is about average for companies of similar size in the Indian market ($USD500.41K).
Compensation vs Earnings: Insufficient data to compare Suyog's compensation with company performance.
CEO
Suyog Kotecha
2.2yrs
Tenure
₹35,500,000
Compensation
Mr. Suyog Kalyanji Kotecha is CEO & Executive Director of Aarti Industries Limited from June 17, 2024. His expertise is well recognized in the chemical industry, having held key leadership positions across...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 37.2yrs | ₹47.00m | 1.91% ₹ 3.7b | |
| CEO & Executive Director | 2.2yrs | ₹35.50m | 0.00035% ₹ 668.8k | |
| Vice Chairman & MD | 29.2yrs | ₹47.00m | 4.09% ₹ 7.8b | |
| Executive Vice Chairman | 14yrs | ₹19.40m | 3.08% ₹ 5.9b | |
| Executive Director | no data | ₹22.60m | 0.84% ₹ 1.6b | |
| Chief Manufacturing Officer & Executive Director | no data | ₹36.20m | 0.00091% ₹ 1.7m | |
| Founder & Chairman Emeritus | no data | ₹523.95k | 0.039% ₹ 74.8m | |
| Chief Financial Officer & Chief Risk Officer | 12.3yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Chief Scientific Officer | no data | no data | no data | |
| Compliance Officer & Company Secretary | 8.8yrs | no data | no data | |
| Chief Human Resource Officer & President | no data | no data | no data |
10.5yrs
Average Tenure
62yo
Average Age
Experienced Management: 524208's management team is seasoned and experienced (10.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 37.2yrs | ₹47.00m | 1.91% ₹ 3.7b | |
| CEO & Executive Director | 2.2yrs | ₹35.50m | 0.00035% ₹ 668.8k | |
| Vice Chairman & MD | 29.2yrs | ₹47.00m | 4.09% ₹ 7.8b | |
| Executive Vice Chairman | 14yrs | ₹19.40m | 3.08% ₹ 5.9b | |
| Executive Director | 32.8yrs | ₹22.60m | 0.84% ₹ 1.6b | |
| Chief Manufacturing Officer & Executive Director | 3.2yrs | ₹36.20m | 0.00091% ₹ 1.7m | |
| Founder & Chairman Emeritus | 14yrs | ₹523.95k | 0.039% ₹ 74.8m | |
| Non-Executive Non-Independent Director | 19.8yrs | ₹1.90m | 2.75% ₹ 5.2b |
16.9yrs
Average Tenure
62yo
Average Age
Experienced Board: 524208's board of directors are seasoned and experienced ( 16.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/22 00:44 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Aarti Industries Limited is covered by 41 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Nitin Bhasin | Ambit Capital |
| Kumar Saumya Singh | Ambit Capital |