Aarti Industries Ltd

Produces organic chemicals, including benzene-based intermediates, sulphuric acid, and other products.

1984 | Valsad, Gujarat (India) | Active
Last Updated: October 24, 2024

Aarti Industries Profile

Key Indicators

  • Authorised Capital ₹ 300.00 Cr
  • Paid Up Capital ₹ 181.26 Cr
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,661.31 Cr
  • Satisfied Charges ₹ 9,523.79 Cr
  • Revenue Growth -3.20%
  • Profit Growth -23.53%
  • Ebitda -10.32%
  • Net Worth 7.55%
  • Total Assets 12.26%

About Aarti Industries

Aarti Industries Ltd (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 1984 and has a history of 40 years and four months. Its registered office is in Valsad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524208 and on the National Stock Exchange(NSE) under AARTIIND.

The Corporate was formerly known as Aarti Organics Pvt Ltd. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 300.00 Cr and a paid-up capital of Rs 181.26 Cr.

The company currently has active open charges totaling ₹4,661.31 Cr. The company has closed loans amounting to ₹9,523.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aarti Industries Ltd India are Chetan Gandhi as Cfo, Raj Sarraf as Company Secretary, and Suyog Kotecha as Ceo. Hetal Gala, Manoj Chheda, Rajendra Gogri, and Eleven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L24110GJ1984PLC007301

  • Company No.

    007301

  • Stock Symbol

    BSE : 524208 NSE : AARTIIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1984

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Aarti Industries Ltd offer?

Aarti Industries Ltd offers a wide range of products and services, including Industrial Chemicals & Supplies, Inorganic Acids, Insecticides and Pesticides, Pesticide Intermediate, Herbicides, Organic and Inorganic Solvents, Chlorinated Solvents, Chemical Intermediates, Immunization & Vaccination Drugs, Rabies Vaccine.

Who are the key members and board of directors at Aarti Industries?

Executive Team (5)

NameDesignationAppointment DateStatus
Raj Sarraf Country flag representing In Company Secretary16-Nov-2017Current
Rajendra Gogri Country flag representing In Managing Director01-Jul-2013Current
Rashesh Gogri Country flag representing In Managing Director09-Jun-1997Current
Chetan Gandhi Country flag representing In CFO30-May-2014Current
Suyog Kotecha CEO25-Jun-2024Current

Board Members (12)

NameDesignationAppointment DateStatus
Rupa Singh Country flag representing In Director 20-Sep-2024Current
Nikhil Bhatia Country flag representing In Director 23-Sep-2024Current
Ashok Barat Country flag representing In Director 21-Sep-2024Current
Hetal Gala Country flag representing In Director 01-Nov-2006Current
Manoj Chheda Country flag representing In Whole-Time Director 25-Nov-1993Current
Renil Gogri Country flag representing In Whole-Time Director 16-Aug-2012Current

Financial Performance of Aarti Industries.

Aarti Industries Ltd, for the financial year ended 2024, experienced Minor drop in revenue, with a 3.2% decrease. The company also saw a substantial fall in profitability, with a 23.53% decrease in profit. The company's net worth moved up by a moderate rise of 7.55%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.20%
Revenue from Operations
-3.32%
Total Assets
12.26%
Profit or Loss
-23.53%
Net Worth
7.55%
EBITDA
-10.32%

What is the Ownership and Shareholding Structure of Aarti Industries?

In 2024, Aarti Industries had a promoter holding of 8.40% and a public holding of 91.61%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,661.31 Cr

Satisfied Charges

₹9,523.79 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 2270.00 Cr
  • Others : 695.28 Cr
  • Hdfc Bank Limited : 451.56 Cr
  • Sbicap Trustee Company Limited : 444.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 200.00 Cr
  • Others : 600.47 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2024Hdfc Bank Limited₹250.00 CrOpen
13 Dec 2022Axis Bank Limited₹4.21 MOpen
19 Oct 2022Axis Bank Limited₹2.25 MOpen
03 Sep 2022Hdfc Bank Limited₹7.78 MOpen
03 Sep 2022Hdfc Bank Limited₹7.78 MOpen

How Many Employees Work at Aarti Industries?

Aarti Industries has a workforce of 5563 employees as of Oct 14, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aarti Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aarti Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aarti Industries

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 2,270.00 Cr registered on 21 Nov 2019 with Charge ID 100309369 was modified on 27 Sep 2024.

    27 Sep 2024

  • Director Appointment

    Nikhil Jaysinh Bhatia was appointed as a Director was appointed as a Director on 23 Sep 2024 & has been associated with this company since 4 months 30 days .

    23 Sep 2024

  • Director Appointment

    Ashok Kumar Barat was appointed as a Director was appointed as a Director on 21 Sep 2024 & has been associated with this company since 5 months 1 day .

    21 Sep 2024

  • Director Appointment

    Rupa Devi Singh was appointed as a Director was appointed as a Director on 20 Sep 2024 & has been associated with this company since 5 months 2 days .

    20 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 250.00 Cr with Charge ID 100987225 was registered on 14 Aug 2024.

    14 Aug 2024

  • Annual General Meeting

    Aarti Industries Ltd last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Aarti Industries Ltd was incorporated on 28 Sep 1984.

  • The authorized share capital of Aarti Industries Ltd is ₹ 300.00 Cr and paid-up capital is ₹ 181.26 Cr.

  • Currently 17 directors are associated with Aarti Industries Ltd.

    • Hetal Gogri Gala
    • Manoj Mulji Chheda
    • Rajendra Vallabhaji Gogri
    • Rashesh Chandrakant Gogri
    • Nikhil Jaysinh Bhatia
    • Ashok Kumar Barat
    • Renil Rajendra Gogri
    • Rupa Devi Singh
    • Shekhar Shreedhar Khanolkar
    • Anniruddha Bhalchandra Pandit
    • Lalitkumar Shantaram Naik
    • Belur Krishna Murthy Sethuram
    • Ajay Kumar Gupta
    • Suyog Kalyanji Kotecha
    • Chetan Bipin Gandhi
    • Raj Kumar Sarraf
    • Suyog Kalyanji Kotecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aarti Industries Ltd is Plot No 801/23 Gidc Estatephase Iii India, Vapi, Gujarat, 396195.

  • The corporate identification number (CIN) of Aarti Industries Ltd is L24110GJ1984PLC007301 and the company number is 007301 as per Ministry of Corporate Affairs (MCA).

  • Yes, Aarti Industries Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AARTIIND.

  • The Official website of Aarti Industries Ltd is https://www.aarti-industries.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Aarti Industries Ltd has fallen by -3.20%.

  • As Per 2024 financial reports, 5563 employees are currently employed by Aarti Industries Ltd.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Aarti Industries Ltd has experienced an upsurge of 7.55%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Aarti Industries Ltd amount to ₹ 4,661.31 Cr.

  • The most recent Balance Sheet for Aarti Industries Ltd was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Specialty Chemicals