Aarti Industries Posts Resilient Fourth Quarter Results

07 May 2026 CW Team

During the quarter, the group advanced two strategic global contracts. A backward integration initiative with a major global chemical partner will shift production to an end?to?end manufacturing model with capital expenditure of approximately Rs 2,000 million (mn) to Rs 2,500 mn over the residual 15?year contract. The company also signed a US$150 million (mn) multi?year supply agreement for a critical agrochemical intermediate extending to March 31, 2030, without significant incremental capital expenditure.

On a consolidated basis for the fourth quarter, income from operations was Rs 24.22 billion (bn), down from Rs 24.92 bn in the previous quarter, while EBITDA rose to Rs 3.42 bn from Rs 3.23 bn. The quarter included a finance cost with a revaluation loss of about Rs 390 million (mn) on a long?term foreign?currency loan after a steep depreciation of the INR. Profit after tax for the quarter was Rs 1.37 bn compared with Rs 1.33 bn. For the full year, revenue was Rs 90.18 bn, EBITDA Rs 11.72 bn and PAT Rs 4.19 bn, reflecting year?on?year growth of 12 per cent, 15 per cent and 27 per cent.

Management said FY27 begins with cautious optimism supported by improving capacity utilisation, strong order visibility from long?term contracts and continued integration. The company recognised persistent risks to feedstock availability and product placement in West Asia and is working with suppliers and exploring alternate sourcing to ensure continuity. It reiterated focus on profitability improvement through operating leverage and cost optimisation and noted the 2026 Gallup Exceptional Workplace Award as validation of its people?centric approach.

Aarti Industries reported consolidated audited results for the fourth quarter and financial year ended March 31, 2026, approved by the board on May 4, 2026. The period was marked by geopolitical tensions in West Asia that affected supply chains and input costs across the speciality chemicals sector. The company sustained operations through market diversification, steady demand in key segments and disciplined execution that helped manage cost pressures. During the quarter, the group advanced two strategic global contracts. A backward integration initiative with a major global chemical partner will shift production to an end?to?end manufacturing model with capital expenditure of approximately Rs 2,000 million (mn) to Rs 2,500 mn over the residual 15?year contract. The company also signed a US$150 million (mn) multi?year supply agreement for a critical agrochemical intermediate extending to March 31, 2030, without significant incremental capital expenditure. On a consolidated basis for the fourth quarter, income from operations was Rs 24.22 billion (bn), down from Rs 24.92 bn in the previous quarter, while EBITDA rose to Rs 3.42 bn from Rs 3.23 bn. The quarter included a finance cost with a revaluation loss of about Rs 390 million (mn) on a long?term foreign?currency loan after a steep depreciation of the INR. Profit after tax for the quarter was Rs 1.37 bn compared with Rs 1.33 bn. For the full year, revenue was Rs 90.18 bn, EBITDA Rs 11.72 bn and PAT Rs 4.19 bn, reflecting year?on?year growth of 12 per cent, 15 per cent and 27 per cent. Management said FY27 begins with cautious optimism supported by improving capacity utilisation, strong order visibility from long?term contracts and continued integration. The company recognised persistent risks to feedstock availability and product placement in West Asia and is working with suppliers and exploring alternate sourcing to ensure continuity. It reiterated focus on profitability improvement through operating leverage and cost optimisation and noted the 2026 Gallup Exceptional Workplace Award as validation of its people?centric approach.

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