AARTIDRUGSHealthcare

Aarti Drugs Limited

Pharmaceuticals · ISIN INE767A01016 · BSE 524348 · NSE EQ · FV ₹10
Last price
₹428
+0.95%today
What this company does

Aarti Drugs Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹703 cr of revenue in its latest quarter (Q1 FY27) and kept 7.1% of sales as profit.

54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 33–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns48

How much profit it earns on the money it employs

Balance sheet36

How much it owes, and whether earnings cover the interest

Cash quality57

Whether reported profit actually arrives as cash

Growth & consistency37

Whether sales and profit have grown, and how steadily

Valuation83

What today's price implies, against our models or its peers

Governance & risk85

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 19% vs last year
Promoters hold 54%
Turns profit into real cash
Watch-outs
! Thin 7.1% net margin
! Profit down 7% vs last year
! 2.5% of promoter stake pledged

What if I invest in AARTIDRUGS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹428 +0.95%
latest close · 2026-09-17
1-year return
-30.2%
52-wk low ₹37852-wk high ₹648
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio19.5Average
LowAverageHigh
P/B ratio2.52Moderate
Below bookModerateHigh
EV / EBITDA11.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.0%Fair
WeakFairStrong ▸15%
Return on capital16.6%Strong
WeakFairStrong
Net margin7.1%Decent
ThinDecentStrong
EBITDA margin13.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.37Comfortable
LowModerateHigh ▸1
Interest cover8.5×Strong
RiskyOkayStrong ▸5×
Current ratio1.59Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹3,910 cr
Book value
₹170
EPS
₹5.49
latest quarter
Net debt
₹568 cr
owes more than its cash
Enterprise value
₹4,477 cr
EBITDA
₹388 cr
annualised
EBIT
₹314 cr
annualised
Operating margin
11.2%
Return on assets
7.1%
Earnings yield
5.13%
P/S
1.39
Sales / share
₹308.0
Tax rate
27.6%
Face value
₹10
Shares
9.1 cr
Working capital
₹546 cr
Current assets
₹1,468 cr
Current liabilities
₹922 cr
Delivery %
49.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹133₹267, midpoint ₹148

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹703 cr
Other Income₹81 L
Total Income₹704 cr
Cost of Materials₹469 cr
Purchases of Stock-in-Trade₹21 cr
Inventory Change (±)₹-63 cr
Employee Benefit Expense₹37 cr
Finance Costs₹9 cr
Depreciation & Amortisation₹18 cr
Other Expenses₹140 cr
Total Expenses₹632 cr
Exceptional Items₹-2 cr
Profit before Tax₹69 cr
Tax Expense₹19 cr
Net Profit₹50 cr
Net margin on total income7.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹428 cr61.0%
Employee benefit expense₹37 cr5.2%
Finance costs₹9 cr1.3%
Depreciation & amortisation₹18 cr2.6%
Other expenses₹140 cr20.0%
Tax expense₹19 cr2.7%
Profit for the period₹50 cr7.1%
Total income ₹704 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue602 cr720 cr703 cr
Total income603 cr721 cr704 cr
Expenses574 cr651 cr632 cr
Profit before tax29 cr70 cr69 cr
Tax-12 cr15 cr19 cr
Net profit (owners' share)41 cr55 cr50 cr
Net margin (owners' share, on revenue)6.7%7.7%7.1%
EPS (₹)4.446.055.49
YoY (latest quarter): total income +19.1% · net profit -6.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,815 cr
Shareholder equity
₹1,549 cr
parent shareholders
Total debt
₹575 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹152 cr
Investing
₹-94 cr
Financing
₹-56 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.47%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 9 Feb 2026
ActionDetailEx-date
Dividend₹2 / share9 Feb 2026
Dividend₹1 / share4 Feb 2025
BuybackBuy Back5 Sep 2024
Dividend₹1 / share6 Feb 2024
BuybackBuy Back4 Aug 2023
Dividend₹1 / share8 Feb 2023
Who owns it · 2026-06-30
2.5% pledged
Promoter
54.4%
FII / Foreign
1.5%
DII / Domestic
10.3%
Retail / others
33.8%
Promoter stake down 4.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAlchemie Finserv Pvt. Ltd. · Promoter Group53,500 · ₹2.3 cr31 Mar 22
BoughtHarit Pragji Shah · Director25,000 · ₹1.1 cr31 Mar 22
SoldRenil Rajendra Gogri · Promoter Group1.65 L · ₹7.2 cr31 Mar 22
Bulk / block deals
short · NSE353 Sep 26
short · NSE25016 Jul 26
short · NSE224 Feb 26
Stake changes
SoldDilesh Roadlines Pvt Ltd · promoter→ 0.40% · 1.26 L24 Jun 26
BoughtDSP Trustee Private Ltd on behalf of Schemes of DSP Mutual fund ( Seller)→ 7.04% · 19,57521 Mar 25
SoldRajendra Vallabhaji Gogri alongwith PAC · promoter→ 0.11% · 4.12 L28 May 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors' and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.81 cr votes for, 1,049 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Shri Harshit Manilal Savla (DIN: 00005340), who is liable to retire by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
1.81 cr votes for, 33,512 against · 0% of mutual funds and other big investors said no
3
Revision in the terms And conditions of appointment of Executive Directors.
Backed by 100% of shareholders other than promotersneeded 50%
1.81 cr votes for, 8,048 against · 0% of mutual funds and other big investors said no
4
Appointment of Secretarial Auditor for the period of 5 Consecutive Financial Years.
Backed by 100% of shareholders other than promotersneeded 50%
1.81 cr votes for, 2,659 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 44 named members
owning 54.4% between them · as of 2026-06-30
Prakash Moreshwar Patil9.62%
Harshit Manilal Savla4.73%
Rashesh Chandrakant Gogri4.64%
Priti Prakash Patil4.40%
Seema Harshit Savla3.83%
Gogri Finserv Pvt. Ltd.3.80%
Hetal Gogri Gala3.05%
Anushakti Enterprise Private Limited2.62%
Business done with them
FY2025 · 2 of the group
The company paid ₹14 cr to companies in the promoter group last year — about 0.6% of its ₹2,387 cr revenue.
Aarti Industries Ltd
Bought goods from them
₹13 cr
company paid
Aarti Life Science LLP
Other payments to them
also owns 0.01% of the company
₹96 L
company paid

The company also transacted with 15 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.