Aries Agro (ARIES) had a P/E of 13.7× on 6 Nov 2026, below the industry P/E of 14.4×. It earns ROCE of 20% and ROE of 14%, and sales and net profit grew 16% and 36% a year over 3 years. Its dividend yield is 0.3%, and debt is 0.16× equity. It is a small-cap company with a market cap of ₹657 Cr, ranked 34th of 72 Agricultural Inputs companies by market cap; the shares rose 33% over the past year.
- ₹497.90
- ₹514.00
- ₹489.05
- ₹496.65
- 20K
Health check
- ReturnsAhead
+32.9% over a year, better than 7 of 7 peers.
- Price tagIn line
P/E 13.7 vs industry 14.4.
- GrowthStrong
Sales +16.2%, profit +35.7% a year over 3 years.
- ProfitabilityAverage
ROCE 19.7% vs peer median 20.9%.
- Balance sheetFair
Debt 0.16× equity, interest covered 4.5×, Piotroski 8 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹657 Cr
- Small cap
- P/E
- 13.7
- Industry 14.4
- Price to book
- 1.96
- Peers 4.28
- Dividend yield
- 0.30%
- ROE
- 13.7%
- Peers 16.2%
- ROCE
- 19.7%
- Peers 20.9%
- Debt to equity
- 0.16
- Debt ₹56 Cr
- EPS (TTM)
- ₹36.72
- Face value ₹10
- OPM (TTM)
- 12.3%
- Net margin 6.2%
- Sales growth
- +16.3%
- Latest quarter vs a year ago
- Profit growth
- +48.8%
- Latest quarter vs a year ago
- Price to sales
- 0.86
- EV/EBITDA 8.1
Strengths and risks
Strengths
- Quarterly profit up 48.8% on a year ago.
- Quarterly sales up 16.3% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Aries Agro
Aries Agro Limited, together with its subsidiaries, engages in the manufacturing and sale of micronutrients and other nutritional products for plants and animals. The company offers micronutrients, water soluble NPK, organic and bio products, high density inputs, crop specific, slow release fertilizers pastilles, plant protection, aqua culture and animal nutrition, urban products, and other products. It also provides various crops, such as sugarcane,…
- Headquarters
- Mumbai
- Employees
- 1,365
- Sector
- Basic Materials
- ISIN
- INE298I01015
- Website
- ariesagro.com
Price range
- Avg volume (3M)
- 67.8K
- 1-year return
- plus 32.9%
- From 52-week high
- minus 3.8%
Peers · Agricultural Inputs
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| COROMANDELCoromandel International | 1,824.00 | minus 4.00% | 53,724 | 34.5 | 17.0 | 20.9% | 9.4% | 0.11 | 10.2% | minus 12.4% |
| FACTFertilisers and Chemicals Travancore | 750.25 | minus 1.24% | 48,547 | – | 703.5 | 14.2% | 0.0% | 2.95 | 0.0% | minus 15.3% |
| UPLUPL | 534.90 | plus 1.60% | 45,214 | 23.9 | 6.0 | 9.9% | 20.0% | 0.83 | −1.2% | minus 28.0% |
| PIINDPI Industries | 1,735.00 | minus 1.98% | 26,321 | 30.0 | 13.1 | 14.7% | 24.2% | 0.03 | 1.1% | minus 51.9% |
| SUMICHEMSumitomo Chemical India | 328.95 | plus 0.34% | 16,419 | 29.4 | 21.0 | 21.0% | 20.3% | 0.02 | −2.6% | minus 34.4% |
| CHAMBLFERTChambal Fertilizers & Chemicals | 384.70 | minus 0.91% | 15,413 | 8.1 | 5.7 | 21.8% | 13.7% | 0.16 | −9.2% | minus 19.4% |
| BAYERCROPBayer Cropscience | 3,316.30 | plus 0.48% | 14,904 | 20.0 | 15.4 | 27.9% | 16.0% | 0.03 | 3.6% | minus 31.7% |
| ARIESAries Agro | 504.85 | plus 1.65% | 657 | 13.7 | 8.7 | 19.7% | 12.3% | 0.16 | 16.2% | plus 32.9% |
| Median of 7 peers | – | −0.91% | 26,321 | 26.6 | 15.4 | 20.9% | 16.0% | 0.11 | 0.0% | −28.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 160 | 200 | 201 | 179 | 186 | |
| 138 | 162 | 172 | 179 | 159 | |
| 21.8 | 38.2 | 28.6 | 0.3 | 27.1 | |
| 13.7% | 19.1% | 14.2% | 0.2% | 14.6% | |
| −0 | 0 | 0 | 0 | −0 | |
| 4.8 | 7.5 | 2 | 3.4 | 4.8 | |
| 2.5 | 2.6 | 2.8 | 3 | 2.7 | |
| 14.5 | 28.1 | 23.8 | −6.1 | 19.6 | |
| 31.5% | 29.0% | 27.4% | 21.5% | 24.3% | |
| 10 | 20 | 17.2 | −4.4 | 14.9 | |
| 7.71 | 15.39 | 13.26 | -3.40 | 11.47 |
Profit & loss
- Sales CAGR 3Y
- +16.2%
- Profit CAGR 3Y
- +35.7%
- EPS CAGR 3Y
- +35.7%
- ROE
- 13.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 472 | 516 | 622 | 740 | |
| – | +9.4% | +20.5% | +18.9% | |
| 424 | 458 | 554 | 663 | |
| 47.8 | 58.4 | 68.8 | 77.2 | |
| 10.1% | 11.3% | 11.1% | 10.4% | |
| 7.1 | −1 | 2.7 | 9.4 | |
| 21.7 | 21.3 | 17.4 | 17 | |
| 7.8 | 7.7 | 9.3 | 10.9 | |
| −0 | −0 | −0.4 | 1.5 | |
| 25.4 | 28.4 | 44.4 | 60.3 | |
| 37.2% | 35.2% | 24.5% | 29.7% | |
| 17.1 | 19.4 | 34 | 42.9 | |
| – | +13.4% | +75.1% | +26.0% | |
| 13.17 | 14.94 | 26.16 | 32.95 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13 | 13 | 13 | 13 | |
| 230 | 247 | 277 | 321 | |
| 99.7 | 73.6 | 48.6 | 55.7 | |
| 177 | 184 | 243 | 249 | |
| 520 | 517 | 581 | 639 | |
| 75 | 97.6 | 119 | 156 | |
| – | 1.6 | 9.6 | 40.3 | |
| 62.3 | 63.2 | 64.8 | 64.8 | |
| 1.9 | 2.4 | 30.7 | 43.8 | |
| 381 | 353 | 357 | 334 | |
| 520 | 517 | 581 | 639 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 54.5 | 76.5 | 105 | 86.1 | |
| −16.4 | −26.2 | −33.6 | −77.7 | |
| −37 | −49.7 | −44.8 | −12.2 | |
| 1.1 | 0.6 | 26.1 | −3.8 | |
| −15.5 | −30.5 | −32.5 | −48.6 | |
| 39 | 46.1 | 72 | 37.5 | |
| −1 | −1.3 | −1.3 | −1.6 |
Shareholding pattern
- Promoters52.66%
- Public47.34%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 52.66% | 47.34% | 0.00 | |
| 30 Jun 2026 | 52.66% | 47.34% | 0.00 | |
| 31 Mar 2026 | 52.66% | 47.34% | 0.00 | |
| 31 Dec 2025 | 52.66% | 47.34% | 0.00 | |
| 30 Sep 2025 | 52.66% | 47.34% | – |
Major shareholders
Filings & events
News
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