Aries Agro Limited

NSE: ARIES · Unclassified

₹504.85+1.65%06 Nov 2026

Ask the data

Instant answers about Aries Agro Limited — computed from its filings, no language model

Market cap₹657 cr

Current price₹504.85

High / Low₹505 / ₹290

P/E13.8

P/B1.96

Book value₹257.1

ROE14.3%

ROCE21.6%

Debt / equity0.15

Dividend yield0.24%

EPS (TTM)₹36.71

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	294.7	265.3	296.1	381.5	440.0	472.2	516.5	622.2	740.1
EBITDA	45.9	43.6	39.8	56.8	46.6	47.7	55.4	67.4	76.2
Operating margin	15.6%	16.4%	13.4%	14.9%	10.6%	10.1%	10.7%	10.8%	10.3%
Interest	28.9	28.9	25.5	26.0	24.5	23.4	22.3	18.6	17.7
Depreciation	2.3	2.4	5.4	6.4	5.8	7.8	7.7	9.3	10.8
Profit before tax	16.7	15.5	16.1	24.6	20.3	25.4	28.4	44.4	60.3
Tax	7.6	7.8	7.5	7.4	7.3	9.4	10.0	10.9	17.9
Net profit	10.5	9.9	9.7	18.0	13.3	17.1	19.4	34.0	42.9
EPS ₹	8.06	7.60	7.49	13.81	10.22	13.17	14.94	26.16	32.95
Operating cash flow	—	—	—	—	68.7	54.5	76.5	105.3	86.1
Capex	—	—	—	—	6.5	15.5	30.5	32.5	48.6
Dividend paid	—	—	—	—	1.0	1.0	1.3	1.3	1.6
Total assets	—	—	—	—	—	519.8	517.5	581.4	638.8
Equity	—	—	—	—	—	242.8	260.4	289.6	334.4

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	46.4	56.4	81.2	72.6	55.2	64.4	92.7	83.5	55.5	86.7	118.7	107.0	69.1	100.2	126.8	129.5	84.0	113.0	134.7	131.9	92.9	107.2	156.6	146.9	105.8	135.2	192.0	168.1	127.0	159.8	199.9	200.9	179.2	185.9
Operating profit	1.9	10.5	14.7	11.0	2.6	12.3	20.3	9.1	-2.2	15.4	25.0	14.7	1.5	13.7	24.1	13.5	-4.6	12.9	21.3	13.6	-0.0	12.6	27.8	16.8	-1.8	15.2	32.6	19.3	0.2	20.4	33.7	27.0	-5.3	25.4
Operating margin	4.0%	18.6%	18.1%	15.1%	4.7%	19.2%	21.9%	10.8%	-4.0%	17.8%	21.1%	13.8%	2.2%	13.7%	19.0%	10.4%	-5.5%	11.4%	15.8%	10.3%	-0.0%	11.7%	17.8%	11.5%	-1.7%	11.2%	17.0%	11.5%	0.2%	12.8%	16.9%	13.4%	-2.9%	13.7%
Other income	1.8	0.1	6.5	0.0	1.6	0.0	1.8	3.5	2.1	0.0	0.0	0.1	0.1	1.6	0.1	0.1	2.1	4.5	3.0	1.5	-0.2	0.2	1.6	0.2	1.0	0.2	1.7	2.3	0.8	1.4	4.5	1.6	5.6	1.7
Interest	8.7	5.1	5.6	7.7	10.6	5.0	6.7	6.6	7.2	6.4	6.9	5.5	7.1	5.2	7.3	5.0	7.0	4.8	6.7	6.4	5.5	3.8	9.4	3.8	5.3	3.0	7.9	4.8	2.8	4.8	7.5	2.0	3.4	4.8
Depreciation	0.6	0.6	0.6	0.6	0.7	0.6	0.6	0.8	3.4	1.4	1.1	2.5	1.5	1.2	0.9	1.9	1.9	1.4	1.9	2.0	2.5	1.8	2.1	1.9	2.0	1.8	2.4	2.1	3.0	2.5	2.6	2.8	3.0	2.7
Profit before tax	-5.7	4.9	15.0	2.7	-7.1	6.8	14.8	5.2	-10.7	7.7	17.1	6.8	-7.0	8.9	16.0	6.7	-11.4	11.1	15.8	6.7	-8.2	7.2	17.9	11.4	-8.1	10.6	24.0	14.7	-4.9	14.5	28.1	23.8	-6.1	19.6
Tax	-1.5	2.4	5.8	1.0	-1.4	3.3	3.8	0.6	-0.2	2.3	5.2	2.3	-2.3	3.0	5.0	2.6	-3.4	3.4	2.7	1.9	1.5	2.6	5.6	3.7	-1.9	3.5	5.2	3.2	-1.0	4.6	8.1	6.5	-1.3	4.8
Net profit	-3.7	3.2	8.9	3.0	-5.2	4.0	11.3	4.7	-10.3	5.7	12.1	4.7	-4.5	5.8	11.2	3.4	-7.1	7.0	14.4	5.1	-9.4	4.8	12.5	7.8	-5.6	7.3	18.9	11.6	-3.7	10.0	20.0	17.2	-4.4	14.9
EPS ₹	-2.85	2.43	6.82	2.33	-3.98	3.05	8.73	3.65	-7.94	4.36	9.27	3.63	-3.45	4.48	8.58	2.61	-5.45	5.39	11.05	3.94	-7.21	3.65	9.61	6.00	-4.32	5.59	14.51	8.91	-2.84	7.71	15.39	13.26	-3.40	11.47
Revenue YoY	—	—	—	—	19.0%	14.3%	14.2%	15.1%	0.6%	34.5%	28.1%	28.1%	24.4%	15.6%	6.8%	21.0%	21.6%	12.8%	6.3%	1.9%	10.6%	-5.1%	16.2%	11.4%	13.9%	26.1%	22.6%	14.4%	20.1%	18.2%	4.1%	19.6%	41.1%	16.3%
Profit YoY	—	—	—	—	—	25.6%	28.0%	57.0%	—	42.8%	6.3%	-0.4%	—	2.6%	-7.5%	-28.2%	—	20.4%	28.8%	51.0%	—	-32.2%	-13.1%	52.5%	—	53.1%	51.1%	48.3%	—	38.0%	6.0%	48.9%	—	48.7%

Earlier results (standalone, Dec '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Aries Agro Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	139.8	158.1	194.2	186.8	232.9	234.1	229.4	229.7
Operating profit	25.8	33.8	40.9	33.7	42.5	36.8	31.3	39.9
Operating margin	18.5%	21.4%	21.0%	18.0%	18.3%	15.7%	13.6%	17.4%
Other income	1.3	2.6	4.3	3.3	2.3	2.1	1.4	1.5
Interest	7.2	11.2	19.0	21.1	24.9	22.0	20.6	21.2
Depreciation	1.5	1.8	1.9	1.9	1.5	1.8	1.8	1.9
Profit before tax	18.4	23.4	24.2	14.0	18.4	15.1	10.4	18.4
Tax	6.2	7.9	8.1	5.8	6.9	3.3	4.0	6.5
Net profit	12.2	15.5	16.1	8.2	11.5	11.8	6.4	11.9

Quarters

showing latest 8 of 39 periods

	DEC '07†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	28.9	17.1	36.8	31.0	18.2	33.6	51.7	36.3	21.8	46.6	54.7	35.0	28.0	62.0	53.2	51.0	34.1	54.3	52.5	45.9	39.9	64.9	64.0	64.0	43.0	71.5	67.6	52.1	57.1	51.1	65.9	55.3	51.2	71.2	59.5	47.7	55.1	82.0	81.4
Operating profit	8.7	1.6	9.4	2.7	2.9	7.1	11.9	3.9	5.0	9.8	14.7	4.5	7.9	14.9	12.0	6.1	9.0	12.3	12.0	0.4	9.9	12.1	17.4	3.0	6.7	13.1	13.8	3.2	7.3	8.9	14.8	0.4	7.2	14.1	14.7	3.9	8.8	17.5	15.7
Operating margin	30.1%	9.6%	25.6%	8.7%	16.1%	21.1%	23.0%	10.8%	22.8%	20.9%	26.8%	12.7%	28.1%	24.1%	22.5%	11.9%	26.4%	22.6%	22.8%	1.0%	24.9%	18.7%	27.2%	4.7%	15.5%	18.3%	20.5%	6.2%	12.7%	17.4%	22.4%	0.7%	14.0%	19.8%	24.6%	8.2%	16.0%	21.3%	19.2%
Other income	0.1	—	0.0	0.0	0.0	0.0	0.0	1.3	0.2	0.0	0.1	2.3	0.3	0.0	0.1	3.9	0.1	0.3	0.4	2.4	0.1	0.1	0.4	1.6	0.3	0.4	0.1	1.3	0.1	0.2	0.1	1.1	0.1	0.1	0.0	1.3	0.5	0.5	1.0
Interest	1.1	0.6	0.9	1.4	1.4	1.9	2.1	1.9	2.7	2.7	2.5	3.4	4.5	4.4	4.5	5.6	5.3	5.5	4.5	5.7	5.7	5.6	7.6	6.0	4.4	5.1	6.5	6.0	4.0	4.9	5.9	5.8	3.9	4.6	5.7	7.0	4.0	7.0	5.6
Depreciation	0.2	0.3	0.3	0.2	0.3	0.4	0.4	0.4	0.4	0.5	0.5	0.5	0.5	0.7	0.3	0.5	0.5	0.5	0.5	0.5	0.4	0.4	0.3	0.3	0.4	0.4	0.4	0.6	0.4	0.4	0.6	0.4	0.4	0.5	0.5	0.4	0.5	0.6	0.6
Profit before tax	7.5	0.8	8.2	1.1	1.3	4.8	9.4	2.9	2.1	6.6	11.8	2.9	3.3	9.9	7.2	3.8	3.4	6.6	7.4	-3.3	4.0	6.2	10.0	-1.7	2.2	7.9	7.0	-2.1	3.0	3.9	8.3	-4.8	3.0	9.0	8.5	-2.2	4.9	10.4	10.5
Tax	3.0	1.7	2.6	0.6	1.2	1.4	3.0	0.6	1.2	1.8	4.0	0.8	1.1	3.3	2.4	1.4	1.3	-0.1	5.9	-1.3	1.5	2.5	3.7	-0.8	0.7	0.6	2.4	-0.4	1.3	1.3	3.2	-1.8	1.4	3.1	3.0	-1.0	1.7	3.6	3.8
Net profit	4.5	-0.9	5.6	0.5	0.1	3.4	6.4	2.3	0.8	4.8	7.8	2.0	2.2	6.6	4.8	2.5	2.0	6.7	1.5	-2.0	2.5	3.7	6.2	-0.9	1.5	7.3	4.7	-1.6	1.6	2.5	5.1	-2.9	1.6	5.9	5.6	-1.2	3.1	6.9	6.7
EPS ₹	5.72	-0.70	4.33	0.41	0.04	2.62	4.95	1.80	0.64	3.71	6.01	1.57	1.68	5.07	3.72	1.91	1.57	5.16	1.13	-1.56	1.90	2.86	4.80	-0.69	1.14	5.61	3.60	-1.27	1.27	1.95	3.95	-2.25	1.24	4.51	4.29	-0.94	2.42	5.30	5.12
Revenue YoY	—	—	—	7.3%	6.3%	-8.7%	66.7%	—	19.6%	38.9%	5.8%	-3.6%	28.8%	33.0%	-2.9%	45.6%	21.5%	-12.4%	-1.2%	-10.1%	17.2%	19.4%	21.9%	39.7%	7.7%	10.1%	5.5%	-18.6%	32.9%	-28.5%	-2.5%	6.1%	-10.3%	39.4%	-9.7%	-13.7%	7.5%	15.1%	36.8%
Profit YoY	—	—	—	-88.2%	—	-39.4%	1115.1%	—	1300.0%	41.6%	21.3%	-12.4%	159.5%	36.4%	-38.0%	21.5%	-6.4%	1.8%	-69.4%	-181.1%	21.1%	-44.6%	321.6%	—	-40.1%	96.0%	-25.0%	—	11.5%	-65.3%	9.8%	—	-1.8%	132.0%	8.6%	—	94.4%	17.4%	19.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	7.1%	7.8%	7.0%	6.1%	5.0%	6.0%	7.5%	8.4%	10.1%	11.4%	11.8%	12.7%	11.9%	13.6%	12.8%	14.3%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	13.9%	14.3%	14.4%	12.9%	15.6%	16.3%	15.3%	16.1%	18.3%	19.7%	18.9%	20.6%	18.9%	20.6%	20.3%	21.6%
Net margin	4.4%	3.7%	3.9%	4.6%	5.0%	3.3%	3.6%	3.5%	3.3%	4.7%	4.6%	4.3%	3.7%	3.0%	3.2%	3.8%	4.2%	3.6%	3.2%	2.7%	3.1%	3.8%	4.0%	4.9%	5.3%	5.5%	5.7%	5.8%	6.3%	5.8%	6.2%
EBITDA margin	14.8%	14.6%	14.9%	16.2%	15.0%	13.3%	13.4%	13.7%	14.4%	14.9%	13.9%	13.4%	12.4%	10.6%	10.1%	9.3%	9.3%	10.1%	10.2%	11.0%	11.4%	10.7%	10.7%	10.8%	10.9%	10.8%	11.2%	11.2%	11.8%	10.3%	10.6%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.32	0.32	0.39	0.39	0.20	0.20	0.27	0.27	0.12	0.12	0.15	0.15	0.20	0.20	0.15	0.15
Interest coverage	1.62	1.54	1.60	1.58	1.68	1.63	1.63	1.71	1.80	1.95	2.05	1.99	2.00	1.83	1.93	1.94	1.89	2.09	1.96	1.94	2.26	2.27	2.47	2.89	2.96	3.39	3.37	3.61	4.58	4.40	4.70
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.84	0.85	0.91	0.90	0.90	0.92	1.00	1.05	1.01	1.05	1.07	1.11	0.99	1.04	1.16	1.20

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0
Other equity / reserves	234.9	229.8	246.4	247.3	268.1	276.6	306.6	321.4
Total equity	247.9	242.8	259.4	260.4	281.1	289.6	319.6	334.4
Borrowings	80.4	95.5	52.6	70.3	34.4	44.2	62.6	50.6
Current liabilities	262.5	237.7	242.0	212.6	236.6	235.1	263.4	246.7
Non-current liabilities	32.3	35.0	39.6	40.2	50.1	52.9	71.5	54.0
Total assets	548.1	519.8	545.6	517.5	571.8	581.4	658.4	638.8
Property, plant & equipment	66.0	75.0	75.8	96.0	101.0	109.8	114.2	115.9
Capital work-in-progress	0.0	0.0	0.8	1.6	3.7	9.6	21.2	40.3
Investments	61.8	62.3	63.0	63.2	69.1	67.0	105.6	83.8
Inventories	154.6	143.9	146.0	126.4	137.8	132.8	144.8	143.9
Receivables	141.7	118.3	139.3	113.2	135.5	117.7	139.8	92.3
Cash & equivalents	0.8	1.9	3.7	2.4	12.2	28.6	16.8	24.8

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	68.7	54.5	76.5	105.3	86.1
Cash from investing	-12.7	-16.4	-26.2	-34.3	-77.7
Cash from financing	-56.0	-37.0	-49.7	-44.8	-12.2
Capex	6.5	15.5	30.5	32.5	48.6
Free cash flow	62.3	39.0	46.1	72.8	37.5
Dividends paid	1.0	1.0	1.3	1.3	1.6

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹115.9 cr18%

CWIP

₹40.3 cr6%

Investments

₹83.8 cr13%

Inventories

₹143.9 cr23%

Receivables

₹92.3 cr14%

Cash & equivalents

₹24.8 cr4%

Other assets

₹137.9 cr22%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Aries Agro Limited	657	504.85	13.8	1.96	14.3%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+2.1%

6 months+32.8%

1 year+26.2%

3Y CAGR+42.8%

5Y CAGR+25.6%

10Y CAGR+15.2%

50-day avg₹472.77

200-day avg₹380.04

RSI (14)59

FAQs

What is the share price of Aries Agro Limited?

Aries Agro Limited (ARIES) closed at ₹504.85 on NSE on 06 Nov 2026.

What is the market cap of Aries Agro Limited?

₹657 crore at the latest close.

What is the P/E ratio of Aries Agro Limited?

13.8, on trailing-twelve-month earnings from its filings.

How fast is Aries Agro Limited growing?

Aries Agro Limited: revenue has compounded at 16.2% a year over three years; net profit at 35.7% a year. Latest-quarter revenue is up 16.3% year on year, profit up 48.7%.

How profitable is Aries Agro Limited?

On a trailing-twelve-month basis return on equity is 14.3%, return on capital employed 21.6%, operating margin 10.6%, net margin 6.2%.

How much debt does Aries Agro Limited have?

Aries Agro Limited is lightly geared: debt to equity is 0.15 with borrowings of ₹51 cr against cash of ₹25 cr (balance sheet of 2026-03-31). Operating profit covers interest 4.7 times.

Financials parsed from Aries Agro Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.