Aries Agro(Cn) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.00 Cr
- Company Age 55 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 224.94 Cr
- Satisfied Charges ₹ 187.76 Cr
- Revenue Growth 15.93%
- Profit Growth -15.97%
- Ebitda -16.59%
- Net Worth 9.51%
- Total Assets 2.26%
About Aries Agro(Cn)
Aries Agro Limited (Cn) (AALC) was founded in India on 27 November 1969 and has a glorious history of 55 years and two months. Its registered office is in Mumbai-43, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532935 and on the National Stock Exchange(NSE) under ARIES.
The Corporate was formerly known as Aries Agro-Vet Industries Limited. The Company is engaged in the Agriculture 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 15.00 Cr and a paid-up capital of Rs 13.00 Cr.
The company currently has active open charges totaling ₹224.94 Cr. The company has closed loans amounting to ₹187.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aries Agro Limited (Cn) India are Qaiser Ansari as COMPANY SECRETARY and Chhaya Warrier as Cfo. Jimmy Mirchandani, Rahul Mirchandani, Nrupang Dholakia, and Three other members serve as directors at the Company.
Company Details
- Location Mumbai-43, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Aries Agro Limited (Cn) offer?
Aries Agro Limited (Cn) offers a wide range of products and services, including Fertilizers and Soil Additives, Micronutrient Fertilizers, Chemical Reagents & Catalysts, Inorganic Salts, Industrial Chemicals & Supplies, Heptahydrate, Fertilizer, Micronutrient, Nitrogen Fertilizers, NPK Fertilizer.
Who are the key members and board of directors at Aries Agro(Cn)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Mirchandani  | Managing Director | 02-Feb-1994 | Current |
| Qaiser Ansari | Company Secretary | 02-Jun-2008 | Current |
| Chhaya Warrier | CFO | 01-Dec-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jimmy Mirchandani | Director | 15-Jan-1976 | Current |
| Nrupang Dholakia | Director | 15-Mar-2022 | Current |
| Shailesh Karnik | Director | 14-Aug-2024 | Current |
| Balasubramaniam Iyer | Director | 01-Feb-2024 | Current |
| Nitya Mirchandani | Director | 30-May-2014 | Current |
Financial Performance of Aries Agro(Cn).
Aries Agro Limited (Cn), for the financial year ended 2022, experienced significant growth in revenue, with a 15.93% increase. The company also saw a substantial fall in profitability, with a 15.97% decrease in profit. The company's net worth moved up by a moderate rise of 9.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Aries Agro(Cn)?
In 2022, Aries Agro(Cn) had a promoter holding of 52.66% and a public holding of 47.35%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mirabelle Agro Manufacturing Private LimitedRahul Mirchandani and Nitya Mirchandani are mutual person
Aries Agro Equipments Private LimitedJimmy Mirchandani, Rahul Mirchandani and 1 more are mutual person
- Aries Marketing Private Limited
Rahul Mirchandani and Nitya Mirchandani are mutual person
Mruga Corporate Services LimitedNrupang Dholakia is a mutual person
Rapicut Carbides LimitedNrupang Dholakia is a mutual person
Dholakia & Associates LlpNrupang Dholakia is a mutual person
Charges (Loans)
₹224.94 Cr
₹187.76 Cr
Charges Breakdown by Lending Institutions
- Others : 105.51 Cr
- Hdfc Bank Limited : 84.43 Cr
- Yes Bank Limited : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2024 | Hdfc Bank Limited | ₹0.79 M | Open |
| 05 Nov 2024 | Hdfc Bank Limited | ₹0.61 M | Open |
| 05 Nov 2024 | Hdfc Bank Limited | ₹0.78 M | Open |
| 05 Nov 2024 | Hdfc Bank Limited | ₹0.78 M | Open |
| 05 Nov 2024 | Hdfc Bank Limited | ₹0.61 M | Open |
How Many Employees Work at Aries Agro(Cn)?
Unlock and access historical data on people associated with Aries Agro(Cn), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aries Agro(Cn), 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 Aries Agro(Cn)'s trajectory.
Rating
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
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.
