ARIESCommodities

Aries Agro Limited

Fertilizers · ISIN INE298I01015 · BSE 532935 · NSE BE · FV ₹10
Last price
₹478
-0.64%today
What this company does

Aries Agro Limited operates in Fertilizers, part of the Commodities sector. It booked ₹186 cr of revenue in its latest quarter (Q1 FY27) and kept 8.0% of sales as profit.

73out of 100
Equitytale Health Score
Solid

Healthier than 73% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 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)
59

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Cash quality79

Whether reported profit actually arrives as cash

Growth & consistency94

Whether sales and profit have grown, and how steadily

Valuation51

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 16% vs last year
Profit up 49% vs last year
Promoters hold 53%
No promoter shares pledged
Strong 18% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in ARIES?

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 We do not publish price targets or predict returns.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
₹478 -0.64%
latest close · 2026-09-17
1-year return
+213.5%
52-wk low ₹10652-wk high ₹525
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 ratio10.4Low
LowAverageHigh
P/B ratio1.86Moderate
Below bookModerateHigh
EV / EBITDA6.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.8%Strong
WeakFairStrong ▸15%
Return on capital24.9%Strong
WeakFairStrong
Net margin8.0%Decent
ThinDecentStrong
EBITDA margin14.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover5.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.69Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹621 cr
Book value
₹257
EPS
₹11.47
latest quarter
Net debt
₹26 cr
owes more than its cash
Enterprise value
₹647 cr
EBITDA
₹108 cr
annualised
EBIT
₹98 cr
annualised
Operating margin
13.2%
Return on assets
9.3%
Earnings yield
9.61%
P/S
0.84
Sales / share
₹571.7
Tax rate
24.3%
Face value
₹10
Shares
1.3 cr
Working capital
₹171 cr
Current assets
₹417 cr
Current liabilities
₹247 cr
Delivery %
48.2%
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 ₹118₹258, midpoint ₹172

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₹186 cr
Other Income₹2 cr
Total Income₹188 cr
Cost of Materials₹49 cr
Purchases of Stock-in-Trade₹46 cr
Inventory Change (±)₹-12.9 L
Employee Benefit Expense₹21 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹44 cr
Total Expenses₹168 cr
Profit before Tax₹20 cr
Tax Expense₹5 cr
Net Profit₹15 cr
Net margin on total income7.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹96 cr50.9%
Employee benefit expense₹21 cr11.0%
Finance costs₹5 cr2.6%
Depreciation & amortisation₹3 cr1.4%
Other expenses₹44 cr23.6%
Tax expense₹5 cr2.5%
Profit for the period₹15 cr7.9%
Total income ₹188 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue201 cr179 cr186 cr
Total income202 cr185 cr188 cr
Expenses179 cr191 cr168 cr
Profit before tax24 cr-6 cr20 cr
Tax7 cr-1 cr5 cr
Net profit (owners' share)17 cr-4 cr15 cr
Net margin (owners' share, on revenue)8.6%-2.5%8.0%
EPS (₹)13.26-3.4011.47
YoY (latest quarter): total income +16.4% · net profit +48.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹639 cr
Shareholder equity
₹334 cr
parent shareholders
Total debt
₹51 cr
Cash
₹25 cr
Cash flow · H1 FY26
Operating
₹40 cr
Investing
₹-56 cr
Financing
₹4 cr
Peer comparison
Fertilizers · by market value
CompanyPriceMarket capP/E
Coromandel International Limited₹1,930₹56,929 cr37.3
Fertilizers and Chemicals Travancore Limited₹760₹49,164 cr
Chambal Fertilizers & Chemicals Limited₹414₹16,583 cr7.9
Paradeep Phosphates Limited₹154₹15,968 cr10.2
Gujarat State Fertilizers & Chemicals Limited₹152₹6,068 cr9.6
Rashtriya Chemicals and Fertilizers Limited₹110₹6,060 cr20.6
National Fertilizers Limited₹67₹3,279 cr7.2
Southern Petrochemicals Industries Corporation Limited₹67₹1,363 cr5.7
Madras Fertilizers Limited₹61₹985 cr7.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.25%
trailing 12 months
Dividend / share (TTM)
₹1.2
Last dividend
₹1.2
ex 19 Sep 2025
ActionDetailEx-date
Dividend₹1.2 / share19 Sep 2025
Dividend₹1 / share13 Sep 2024
Dividend₹1 / share22 Sep 2023
Dividend₹0.8 / share21 Sep 2022
Dividend₹0.8 / share14 Sep 2021
Dividend₹0.5 / share19 Mar 2020
Who owns it · 2026-06-30
No pledge
Promoter
52.7%
FII / Foreign
3.1%
DII / Domestic
0.0%
Retail / others
44.2%
Smart-money activity
Insider trades
BoughtDr Rahul Mirchandani · -90,000 · ₹9.0 L26 Nov 24
SoldDr Jimmy Mirchandani · -90,000 · ₹9.0 L26 Nov 24
BoughtDr. Rahul Mirchandani · -90,000 · ₹9.0 L5 Sep 23
Bulk / block deals
SoldQE SECURITIES LLP · NSE80,607 @ ₹433.1322 Aug 25
BoughtQE SECURITIES LLP · NSE76,184 @ ₹430.8322 Aug 25
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE1.02 L @ ₹437.6322 Aug 25
Stake changes
BoughtDr. Rahul Mirchandani · promoter→ 28.67% · 1.80 L19 Dec 25
SoldDr. Jimmy Mirchandani · promoter→ 22.26% · 90,0005 Sep 23
BoughtDr. Rahul Mirchandani · promoter→ 26.59% · 90,0005 Sep 23
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 · 26 Sep 2025
See the official result
1
To consider and adopt the Audited Financial Statements of the Company and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
4.38 L votes for, 18 against · 0% of mutual funds and other big investors said no
2
To declare dividend for the Financial Year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
4.38 L votes for, 18 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Ms Nitya Mirchandani (DIN 06882384) who retires by rotation and being eligible offers herself for re-appointment
Backed by 90% of shareholders other than promotersneeded 50%
3.94 L votes for, 44,268 against · 0% of mutual funds and other big investors said no
4
Ratification of the Remuneration payable to the Cost Auditor
Backed by 100% of shareholders other than promotersneeded 50%
4.38 L votes for, 117 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 — 5 named members
owning 52.6% between them · as of 2026-06-30
RAHUL MIRCHANDANI28.67%
JIMMY MIRCHANDANI20.18%
AKSHAY J MIRCHANDANI3.24%
AMOL MIRCHANDANI0.54%
NITYA MIRCHANDANI0.02%
Business done with them
FY2025 · 2 of the group
The company paid ₹73.8 L to companies in the promoter group last year — about 0.1% of its ₹622 cr revenue.
Jimmy Mirchandani
Paid them for services · Legal proffessional fees and sitting fees
also owns 20.18% of the company
₹70.2 L
company paid
Nitya Mirchandani
Leases As Lessee · Rent & Sitting Fees
also owns 0.02% of the company
₹10.8 L
company received
Nitya Mirchandani
Paid them for services · Rent & Sitting Fees
also owns 0.02% of the company
₹3.6 L
company paid

The company also transacted with 6 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.