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Aarti Industries Ltd (AIL) is a chemical company that manufactures and markets benzene-based basic and intermediate chemicals. It offers chemicals, pharma products and surfactants including rubber chemicals, dyes and pigment intermediates, surfactant intermediates, pharmaceuticals, and agrochemicals. It also provides benzene, Xanthine derivatives and toluene products. AIL serves manufacturers of agrochemicals, pharmaceuticals, polymers, home and personal care products and pigments across the Americas, Europe and Asia. The company operates in Gujarat and Maharashtra, India. AIL is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Udyog Kshetra, 2nd Floor, L.B.S. Marg, Mulund, Goregaon Link Road, Mulund (W), Mumbai, Maharashtra, 400080
Website
www.aarti-industries.com
Telephone
91 22 67976603
No of Employees
10,711
Industry
Chemicals
Ticker Symbol & Exchange
AARTIIND (NSE)
Revenue (2023)
$843.5M
8.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-54%
(2023 vs 2022)
Market Cap*
$2.7B
Net Profit Margin (2023)
XYZ
-57.7%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Products |
|---|
| Chemicals: |
| Nitration |
| Hydrogenation |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company entered into a 9-year agreement to provide a specialized agrochemical intermediate to a renowned global company specializing in agrochemical products and solutions. |
| 2022 | Contracts/Agreements | In November, the company and Deepak & Petrochemicals Corporation Ltd signed a binding term sheet for the offtake and supply of nitric acid over a 1-year period. |
| 2021 | Financing Agreements | In June, the company announced to raise US$161.64 million in Qualified Institutions Placement (QIP). |
Competitor Comparison
| Key Parameters | Aarti Industries Ltd | Pidilite Industries Ltd | Atul Ltd | Fine Organics Industries Ltd | Vinati Organics Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Ahmedabad | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Gujarat | Maharashtra | Maharashtra |
| No. of Employees | 10,711 | 7,310 | 3,188 | 825 | 1,097 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rajendra Vallabhaji Gogri | Chairman; Managing Director | Executive Board | 2013 | - |
| Rashesh Chandrakant Gogri | Managing Director; Vice Chairman | Executive Board | 1997 | - |
| Kirit Ratilal Mehta | Director | Executive Board | 2000 | - |
| Manoj Mulji Chheda | Director | Executive Board | 1993 | - |
| Renil Rajendra Gogri | Director | Executive Board | 2012 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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