Aarey Drugs & Pharmaceuticals Ltd
AARE

Aarey Drugs & Pharmaceuticals Ltd (AAREYDRUGS)

₹36.756.36%

Key Stats

₹34.55
Day's Price Range
₹39.2
₹28.25
52-Week Price Range
₹64.35
1 Month Return-1.43 %
3 Month Return-7.38 %
1 Year Return-15.63 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 293
EPS
Rank 297
BVPS
Rank 316
Dividend Yield
Rank 177
ROE
Rank 305
6.81%
Price To Book Ratio
Rank 257
Debt To Asset
Rank 316

Company Information

Aarey Drugs Pharmaceuticals Ltd is one of the manufacturer and suppliers of pharmaceutical raw materials Chemicals Pharmaceuticals ingredients APIs Drugs Food Colours and Flavours. The company is engaged in the business of manufacturing selling of drugs pharmaceutical products and is governed by a number of central and state legislations that regulate the business. Apart from the bulk drug manufacturing activity they also undertake importing distributing of various industrial chemicals solvents throughout the country. The company has their manufacturing unit located at Thane.The companys products include Methyl Nitro Imidazole Metronidazole Metronidazole Benzoate. Their pharmaceutical products are sourced from the authentic vendors to assure the quality and effectiveness. The pharmaceutical products offered by the company are in compliance with IP/ BP/ CP/ USP standards. They have their registered office is located at Thane and their corporate office is located at Mumbai.Aarey Drugs Pharmaceuticals Ltd was originally incorporated on May 15 1990 as a private limited company in Mumbai with the name Niharika Textiles Chemicals Pvt Ltd. The company was originally promoted by Prakash Mandhana Kavita Mandhana and Neeta Mandhana. The company was established with the main object setting up manufacturing facilities for Bulk Drugs. In March 18 1993 the Aarey Group of companies belonging to Ghatalia family took over the company and the company was converted into public limited company. Also the name of the company was changed from Niharika Textiles Chemicals Pvt Ltd to Aarey Drugs Pharmaceuticals Ltd.In the year 1993 the company came with a public issue of 2750000 equity shares of Rs 10 each for cash at par aggregating to Rs 275 lakh. Also the company shares were listed on the BSE ASE DSE.In May 2009 the company plant started to upgrade the existing plant into international standards.The company plans to manufacture new products Sildenafil citrate Tinidazole Glyxol. They plan to expand the existing production capacity of Metronidazole MTZ from 420 MT to 780 MT MTZ and Metronidazole Benzoate MBO from 120 MT MBO to 240 MT MBO.
OrganisationAarey Drugs & Pharmaceuticals Ltd
HeadquartersThane
IndustryPharmaceuticals