Mumbai, February 1, 2025 – Aarti Industries Limited (NSE: AARTIIND, BSE: 524208) announced its audited financial results for the quarter and nine months ended December 31, 2024.
Key Financial Highlights (Standalone)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Full Year) |
|---|---|---|---|---|---|---|
| Revenue from Operations (Net) | ₹1,749 Cr | ₹1,716 Cr | ₹1,724 Cr | ₹5,313 Cr | ₹4,578 Cr | ₹6,347 Cr |
| Total Income | ₹1,755 Cr | ₹1,723 Cr | ₹1,732 Cr | ₹5,333 Cr | ₹4,586 Cr | ₹6,356 Cr |
| EBITDA Margin | 11.9% | 10.6% | 13.8% | 12.6% | 13.8% | 14.0% |
| Net Profit | ₹47 Cr | ₹55 Cr | ₹124 Cr | ₹240 Cr | ₹286 Cr | ₹417 Cr |
| Net Profit Margin | 2.4% | 2.9% | 6.6% | 4.1% | 5.7% | 6.0% |
| Earnings Per Share (Basic & Diluted) | ₹1.31 | ₹1.52 | ₹3.41 | ₹6.63 | ₹7.88 | ₹11.51 |
Key Financial Highlights (Consolidated)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Full Year) |
|---|---|---|---|---|---|---|
| Revenue from Operations (Net) | ₹1,840 Cr | ₹1,628 Cr | ₹1,732 Cr | ₹5,323 Cr | ₹4,599 Cr | ₹6,372 Cr |
| Total Income | ₹1,845 Cr | ₹1,632 Cr | ₹1,740 Cr | ₹5,338 Cr | ₹4,608 Cr | ₹6,381 Cr |
| EBITDA Margin | 11.4% | 11.0% | 13.7% | 12.6% | 13.7% | 13.9% |
| Net Profit | ₹46 Cr | ₹52 Cr | ₹124 Cr | ₹235 Cr | ₹285 Cr | ₹416 Cr |
| Net Profit Margin | 2.3% | 2.9% | 6.6% | 4.0% | 5.6% | 5.9% |
| Earnings Per Share (Basic & Diluted) | ₹1.27 | ₹1.44 | ₹3.42 | ₹6.48 | ₹7.85 | ₹11.49 |
Segmental Performance & Financial Ratios
- Specialty Chemicals Segment remains the core revenue driver.
- Net Debt-Equity Ratio stands at 0.7x, reflecting a stable capital structure.
- Interest Service Coverage Ratio at 1.5x (Standalone) and 1.6x (Consolidated).
- Inventory Turnover Ratio at 4.6x (Standalone) and 4.6x (Consolidated), indicating efficient inventory management.
Corporate Updates & Strategic Developments
- Credit Ratings: Retained AA/Stable rating from CRISIL & India Ratings.
- Commercial Paper Repayment: Successfully repaid outstanding ₹250 Cr (Listed) and ₹150 Cr (Unlisted) CPs on time.
- Subsidiaries & Joint Ventures: The company operates 7 direct subsidiaries, 2 indirect subsidiaries, and 1 joint venture.
- Employee Stock Options: Issued 660 equity shares under Performance Stock Option Plan (PSOP 2022), increasing paid-up capital to ₹181.26 Cr.
Management Commentary
Rajendra V. Gogri, Chairman & Managing Director, stated:"Despite a challenging economic environment, Aarti Industries continues to focus on operational efficiencies, cost optimization, and sustainable growth. The specialty chemicals segment remains strong, and we are strategically positioned for long-term value creation."