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Aries Agro Ltd (ARIES)

₹275.11.86%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹270.3
    ₹282.2
  • 52 Week's Low

    52 Week's High

    ₹158.05
    ₹342.7
1 Month Return+ 5.05 %
3 Month Return+ 10.97 %
1 Year Return+ 63.77 %
Previous Close₹280.30
Open₹281.75
Volume1.32L
Upper Circuit-
Lower Circuit-
Market Cap₹364.39Cr

Key Statistics

P/E Ratio18.76
PEG Ratio10.6
Market Cap₹364.39 Cr
P/B Ratio0.85
EPS12.25

Company Information

Aries AgroVet Industries Private Limited was founded by Dr. T.B. Mirchandani and Mrs. Bala Mirchandani in 1969. It became a public limited company in 1994 and was later renamed as Aries Agro Limited in 2006. The company, headquartered in Mumbai, produces Agromin Chelated Micronutrients and Chelamin Chelated Zinc at 4 manufacturing plants at Mumbai, Hyderabad, Bangalore and Kolkata with a combined installed capacity of 21600 tonnes per annum. It initially started off by providing mineral feed additives for birds and animals, and gradually became the brand leader in the field of mineral nutrition. In 1975, it diversified into Agrochemicals with Chelated Micronutrients and Plantomycin, a bactericide for Agriculture, followed by the introduction of plant hormones. In 2001, it included secondary nutrients, Sulphur, Magnesium and Calcium, and in 2002, it added value-added water-soluble complexes of Nitrogen (N), Phosphorus (P) and Potassium (K).

Share Price: ₹275.10 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹364.39Cr as of today
Revenue: ₹105.79Cr as on March 2024 (Q1 24)
Net Profit: ₹-6.28Cr as on March 2024 (Q1 24)
Listing date: 11 Jan, 2008
Chairperson Name: Rahul Mirchandani
OrganisationAries Agro Ltd
Headquarters
IndustryFertilizers
E-voting on sharesClick here to vote

Key events for Aries Agro Ltd

  • Aries Agro's Debt Reduction and EBIT Growth - 05 Jun, 2024

    Aries Agro Limited reduced its debt to ₹703.5m at the end of March 2024, with a low debt-to-EBITDA ratio of 1.1. Despite weak interest coverage, last year's EBIT grew by 27%, enhancing its ability to pay down debt.

Insights on Aries Agro Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 44.05% to 44.26% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.66% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Fertilizers & Chemicals Travancore Ltd has given 122.0% return, outperforming this stock by 58.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Fertilizers & Chemicals Travancore Ltd has given 692.3% return, outperforming this stock by 637.1%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 158.21 Cr → 106.78 Cr (in ₹), with an average decrease of 17.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ARIES stock has moved down by -5.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 12.49 Cr → -5.62 Cr (in ₹), with an average decrease of 104.7% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.29% to 3.08% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹105.79Cr
↓28.01%
Net Income
-₹6.28Cr
↓181.66%
Net Profit Margin
-5.94%
↓213.58%
2023Y/Y Change
Revenue
₹612.34Cr
↑11.72%
Net Income
₹15.93Cr
↑23.11%
Net Profit Margin
2.60%
↑10.17%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹499.23Cr
↑2.11%
Total Liabilities
₹271.77Cr
↓3.03%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹52.68Cr
↓20.17%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.66%
0.00
Foreign Institutions
3.08%
-6.41
Mutual Funds
0%
0.00
Retail Investors
44.26%
0.48
Others
0%
0.00

Key Indicators

Aries Agro Ltd Valuation

Aries Agro Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.17x)

March 24, 2020

Today (18.76x)

July 12, 2024

Industry (28.46x)

July 12, 2024

Highest (26.45x)

January 29, 2018

LowHigh

Earnings and Dividends

  • Aries Agro Ltd Earnings Results

    Aries Agro Ltd’s net profit jumped 40.09% since last year same period to ₹-5.62Cr in the Q4 2023-2024. On a quarterly growth basis, Aries Agro Ltd has generated -171.96% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Aries Agro Ltd Dividends May,2023

    In the quarter ending March 2023, Aries Agro Ltd has declared dividend of ₹1 - translating a dividend yield of 0.64%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Aries Agro Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Aries Agro Ltd (ARIES) share price today is ₹275.1

Aries Agro Ltd is listed on NSE

Aries Agro Ltd is listed on BSE

  • Today’s highest price of Aries Agro Ltd is ₹282.2.
  • Today’s lowest price of Aries Agro Ltd is ₹270.3.

PE Ratio of Aries Agro Ltd is 18.76

PE ratio = Aries Agro Ltd Market price per share / Aries Agro Ltd Earnings per share

Today’s traded volume of Aries Agro Ltd(ARIES) is 1.32L.

Today’s market capitalisation of Aries Agro Ltd(ARIES) is ₹364.39Cr.

Aries Agro Ltd(ARIESPrice
52 Week High
₹342.7
52 Week Low
₹158.05

Aries Agro Ltd(ARIES) share price is ₹275.1. It is down -19.73% from its 52 Week High price of ₹342.7

Aries Agro Ltd(ARIES) share price is ₹275.1. It is up 74.06% from its 52 Week Low price of ₹158.05

Aries Agro Ltd(ARIESReturns
1 Day Returns
-5.2%
1 Month Returns
5.05%
3 Month Returns
10.97%
1 Year Returns
63.77%