Hold Aarti Industries; target of Rs 550: Prabhudas Lilladher

Prabhudas Lilladher recommended hold rating on Aarti Industries with a target price of Rs 550 in its research report dated May 10, 2023.
13-05-2023
Bigul

AARTI INDUSTRIES LTD. - 524208 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication of Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2023
10-05-2023

2 top stock recommendations from Shilpa Rout

Aarti Industries has a strong support at around 495-498 zones. So wait for the dip to happen a bit more and buy around 500 and look for targets of 550 again from here. It has bounced back many times from those levels.
10-05-2023
Bigul

AARTI INDUSTRIES LTD. - 524208 - Recording Of Conference Call

Recording of Conference Call
09-05-2023

Aarti Industries Results Earnings Call for Q4FY23

Conference Call with Aarti Industries Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
09-05-2023
Bigul

Q4FY23 Quarterly & FY23 Annual Result Announced for Aarti Industries Ltd.

Specialty Chemicals company Aarti Industries announced Q4FY23 & FY23 results: Q4FY23: Revenues of Rs 1,826 crore; an increase of 11.2% over Q4FY22 EBITDA of Rs 252 crore; a decrease of 3.8% over Q4FY22 PAT of Rs 149 crore; an increase of 2.1% over Q4FY22 FY23: Revenues of Rs 7,283 crore; an increase of 25.1% over FY22 EBITDA of Rs 1,089 crore; a increase of 18.5% over FY22 PAT of Rs 545 crore in FY23 Commenting on the performance for Q4FY23, Rajendra Gogri – Chairman & MD at Aarti Industries said: “Financial Year 2023 was a challenging period for the industry guided by unfolding of several material events including Russia-Ukraine conflict, the inflationary surge in input prices & energy costs and slowing demand in few developed markets. Given this backdrop, we reported resilient performance and are glad to have concluded the year on a high with EBITDA of close to Rs 1,100 crore, as guided previously. Despite the challenges due to the pandemic, external market-linked disruptions, supply chain issues, inflationary costs, etc faced in the last five years, our chemical EBIDTA grew from Rs 534 crore in FY18 to Rs 1,089 crore in FY23. This more than 2x growth in EBIDTA is a testament to our robust and resilient business model and our ability to steer onto the growth journey in the most challenging periods. Our aspiration of driving growth in a sustained and responsible manner, while being future-ready to capitalise on upcoming market opportunities forms the bedrock of success. All our expansion initiatives remain intact. We have operationalized the two speciality chemical process blocks in Q4 FY23. Our other key projects will be commissioned in a phased manner over the next two years as guided earlier. Our focus is to create new chemical value chains and introduce high-potential products to elevate our leadership position within the chosen chemistries. This will result in significant volume growth from the current year FY24 and meaningful accretion to both revenues and earnings, as guided earlier. We firmly believe that this is a ‘Golden Decade’ for the Indian Chemical industry and our teams are working relentlessly on building scale for select high-potential opportunities backed by our inherent strengths and expertise. Over several years, AIL had been pioneering in introducing various products and chemistries in India and also put India into the Global Market. Our future plans for Chloro-toluene and downstream is one more addition to AIL introducing a newer range of products and complex chemistry for the first time in India and will benefit from the opportunities for import substitution and export opportunities for global markets. Our ability to adapt to the changing market conditions and commitment to delivering quality products and services to our customers has been the cornerstone of our success. As we look ahead, we remain optimistic and are confident of demonstrating sustained earnings growth thereby augmenting value for all our stakeholders.” Result PDF
09-05-2023
Bigul

AARTI INDUSTRIES LTD. - 524208 - Announcement under Regulation 30 (LODR)-Investor Presentation

Please find enclosed herewith the Q4 FY23 Results Presentation of the Company
09-05-2023
Bigul

AARTI INDUSTRIES LTD. - 524208 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Company has issued the Letter of Confirmation in lieu of Duplicate Share Certificate
09-05-2023
Next Page
Close

Let's Open Free Demat Account