Aarti Industries Ltd (NSE: AARTIIND): The 19th of January was an extremely positive day for stocks of chemical production firm Aarti Industries.
The shares climbed as high as 10.37 percent and set a new 52-week record. Brokerage firms are positive about Aarti Industries shares.
In addition, on the 18th of January, Aarti Industries signed a long-term agreement worth around Rs 6000 crore with a multinational corporation.
This contract covers the supply of high-quality specialty chemicals. Because of this and other developments, the confidence in the investment community of Aarti Industries has grown.
The stock was trading at the price of 619.75 at BSE on the 19th January. It soon saw a rise of as high as 10.37 percent over its last closing price, and then hit the 52-week record high of the price of 691.75.
The top price band of the share is 672.90 with an increase of 10 percent. The stock has posted gains that were greater than 31 percent during the last six months.
Stock prices were 667.75 on BSE at around noon.
Which Brokerage Provided What Ratings?
Top analysts have set a price target of Rs 1000 for Aarti Industries shares, which have a ‘buy’ rating.
This is 22 percent more than the closing price on the 18th of January. However, another brokerage has set a target price of Rs 575 and keeps an “overweight” calling on the shares.
The promoters’ share of the business is 43.55 percent while the public’s stake shares are 56.45 percent.
In the September quarter of 2023, Aarti Industries’ revenues totaled 1,449.89 crore, while net profit was 90.96 crore.
About Aarti Industries Ltd
Aarti Industries Limited (AIL) is a major Indian producer of pharmaceuticals and specialty chemicals. It was founded in 1984.
They are involved in a range of industries such as polymers, pharmaceuticals, agrochemicals, dyes, and pigments.
The company specializes in chemical processes, such as ammonolysis, nitration, chlorination as well as hydrogenation, and others.
There are offices in Mumbai, Europe as well as the USA.
Fundamental Analysis of Aarti Industries Ltd
| Market Cap | ₹ 24,716 Cr. |
| Current Price | ₹ 675 |
| 52-wk High | ₹ 691.75 |
| 52-wk Low | ₹ 438 |
| Stock P/E | 55.16 |
| Book Value | ₹ 139 |
| Dividend | 0.39 % |
| ROCE | 10.4 % |
| ROE | 11.6 % |
| Face Value | ₹ 5.00 |
| P/B Value | 4.96 |
| OPM | 15.7 % |
| EPS | ₹ 12.3 |
| Debt | ₹ 3,207 Cr. |
| Debt to Equity | 0.64 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹650 | ₹880 |
| 2025 | ₹940 | ₹1200 |
| 2026 | ₹1240 | ₹1380 |
| 2027 | ₹1400 | ₹1440 |
| 2028 | ₹1500 | ₹1560 |
| 2029 | ₹1600 | ₹1700 |
| 2030 | ₹2000 | ₹2150 |
| Promoters Holding | |
| Dec 2022 | 44.15% |
| Mar 2023 | 44.07% |
| June 2023 | 43.65% |
| Sept 2023 | 43.57% |
| Dec 2023 | 43.54% |
| FII Holding | |
| Dec 2022 | 12.05% |
| Mar 2023 | 12.32% |
| June 2023 | 12.17% |
| Sept 2023 | 10.58% |
| Dec 2023 | 10.83% |
| DII Holding | |
| Dec 2022 | 14.54% |
| Mar 2023 | 14.74% |
| June 2023 | 14.83% |
| Sept 2023 | 16.14% |
| Dec 2023 | 15.82% |
| Govt. Holding | |
| Dec 2022 | 0.01% |
| Mar 2023 | 0.01% |
| June 2023 | 0.01% |
| Sept 2023 | 0.01% |
| Dec 2023 | 0.02% |
| Public Holding | |
| Dec 2022 | 29.26% |
| Mar 2023 | 28.87% |
| June 2023 | 29.33% |
| Sept 2023 | 29.72% |
| Dec 2023 | 29.78% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 4,168 Cr |
| 2020 | ₹ 4,186 Cr |
| 2021 | ₹ 4,506 Cr |
| 2022 | ₹ 6,086 Cr |
| 2023 | ₹ 6,191 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 504 Cr |
| 2020 | ₹ 547 Cr |
| 2021 | ₹ 535 Cr |
| 2022 | ₹ 1,186 Cr |
| 2023 | ₹ 447 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.8 |
| 2020 | 0.61 |
| 2021 | 0.71 |
| 2022 | 0.37 |
| 2023 | 0.58 |
Last 10 Years’ Profit Growth:
| 10 Years: | 15% |
| 5 Years: | 11% |
| 3 Years: | 1% |
| Current Year: | -62% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 20% |
| 5 Years: | 19% |
| 3 Years: | 19% |
| Last Year: | 12% |
Sales Growth Over 10 Years:
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 17% |
| Current Year: | -13% |
Conclusion
This article is a complete guide about Aarti Industries Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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