Earnings Call for Q3FY22 of Aarti Industries
Conference Call with Aarti Industries Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.07-02-2022
07-02-2022
AARTI INDUSTRIES LTD. - 524208 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement regarding Notice of the Hon'ble National Company Law Tribunal, Ahmedabad Bench ('NCLT') convened Meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors07-02-2022
Q3FY22 Quarterly Result Announced for Aarti Industries Ltd.
Specialty Chemicals company Aarti Industries declares Q3FY22 result: Revenue expansion during the quarter includes cost escalations passed on to the customers due to substantial increase in raw material prices as well as fuel and logistics costs. Accrual of termination fees in respect of the long-term contract of Rs 631 crores resulting higher revenues. As a result, EBIDTA includes Rs 611 crs (net of expenses/currency m2m in relation to the termination fees) during the quarter. Absolute YoY growth of 25% in EBITDA (excluding the impact of accrual of termination fees) reflects the ability to substantially pass-on input price increase to the customer. EBIDTA and profitability (excluding termination fees) at all time highs. Key projects such as Project for the second long-term supply contract and pharma API/intermediate expansion projects nearing final stages and expected to commercialised in Q4 FY22. Macro factors indicate positive traction to continue in the near to mid-term Commenting on the performance for Q3 FY22, Mr. Rajendra Gogri – Chairman & MD at Aarti Industries Limited said: “During Q3, our core EBITDA of Rs. 356 crore is once again the highest in our operating history, demonstrating the ability of the business to maintain margins by passing on to customers the substantial input cost inflation experienced during the reported period. Our current operating trajectory also suggests resumption of growth momentum in FY22 following a period of slower expansion in the previous two years due to the impact of a tough macro environment. We remain focused on addressing the large opportunity arising from import substitution and supply chain diversification by global majors. Our established position as a partner of choice across an ever-increasing number of engagements is driving scale. We are also investing in product diversification, capacity expansion/upgradation in both speciality chemicals and pharmaceuticals as well as building out internal capabilities on quality, safety, health and environment and an expanded R&D; pipeline. We believe this augmented organizational framework positions us strongly to capture strategic growth opportunities. This will be supported by the expanded pipeline of operationalized projects that are currently underway, providing clear visibility to the business over the next several years. As India emerges as an increasingly significant global chemicals supply destination, backed by a supportive regulatory framework instituted by the government, our capex commitments driven by a wellcapitalized balance sheet, will allow the pursuit of aggressive growth in line with our business blueprint. Our plan to create individually focused businesses in our two core verticals will further enhance value for all our stakeholders.” Result PDF07-02-2022
AARTI INDUSTRIES LTD. - 524208 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith the Q3 FY22 Results Presentation of the Company for your records.07-02-2022
AARTI INDUSTRIES LTD. - 524208 - Notice Of Meeting Of The Equity Shareholders Of The Company Scheduled On Thursday, March 10, 2022 At 11:30 A.M. (IST).
Please find attached Notice Of Meeting Of The Equity Shareholders Of The Company.05-02-2022
AARTI INDUSTRIES LTD. - 524208 - Notice Of Meeting Of The Secured Creditors Of The Company Scheduled On Thursday, March 10, 2022 At 2:00 P.M. (IST).
Please find attached Notice of the NCLT Convened Meeting of the Secured Creditors of the Company.05-02-2022
AARTI INDUSTRIES LTD. - 524208 - Notice Of Meeting Of The Unsecured Creditors Of The Company Scheduled On Thursday, March 10, 2022 At 3:00 P.M. (IST).
Please find attached Notice of the NCLT Convened Meeting of the Unsecured Creditors of the Company.05-02-2022
AARTI INDUSTRIES LTD. - 524208 - Record Date For 2Nd Interim Dividend - Wednesday, February 16, 2022
Please note that as per the Regulation 42(1)(a) of the SEBI (LODR) Regulations, 2015, Wednesday, February 16, 2022 has been fixed as 'Record Date' for the purpose of payment of 2nd Interim Dividend.05-02-2022
AARTI INDUSTRIES LTD. - 524208 - Corporate Action-Board approves Dividend
We wish to inform you that the Board of Directors of the Company at its meeting held on Saturday, February 5, 2022 has declared 2nd Interim Dividend Re. 1/- (20%) per Equity Share of Rs. 5/- each for the financial year 2021 - 2022.05-02-2022
AARTI INDUSTRIES LTD. - 524208 - Audited Financial Results For The Quarter And Nine Months Ended December 31, 2021
Attached the Audited Financial Results for the quarter and nine months ended December 31, 202105-02-2022