Aries Agro Ltd

Aries Agro Ltd (ARIES)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-20.8 %
3 Month Return-1.64 %
1 Year Return9.49 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 9
Rank 6
Rank 4
Dividend Yield
Rank 7
Rank 7
Price To Book Ratio
Rank 5
Debt To Asset
Rank 7

Company Information

The Company was originally incorporated as Aries AgroVet Industries Private Limited on 27th November 1969. It was converted into Public Limited Company as Aries AgroVet Industries Limited on 30th December 1994. The company name was subsequently changed to Aries Agro Limited on 27th October 2006. Dr. T.B. Mirchandani and Mrs. Bala Mirchandani was founded the company in the year 1969. The Company is headquartered in Mumbai. Agromin Chelated Micronutrients and Chelamin Chelated Zinc are the companys flagship brands.In 1969 the Company started off with a small range of mineral feed additives for animals birds. The products attracted good margins. The company products were immediately accepted by the consumers and slowly it became the brand leader in the field of mineral nutrition with a range of products including mineral premixes milk boosters protein concentrates vitamin premixes anticoccidian and antibacterial feed additives. In 1975 Aries diversified into nutrients feeds for plant considering the fact that in India the animal and agricultural farmer is one and the same individual. The company has inhouse expertise in the area of mineral nutrition and thereby decided to concentrate on the same. The research zeroed in on Metal Chelates. The product had to be manufactured in accordance with the locally available ingredients and expertise that posed a challenge for the company. Thus further RD had to be conducted in this arena that solved the problem and Aries branched out into Agrochemicals in 1975 with the introduction of Chelated Micronutrients. The company has also conducted inhouse RD to develop bactericides for agriculture. Plantomycin was one of the first bactericide to be licensed for agricultural use by the Govt. of India. This was then followed by the introduction of plant hormones.In 2001 the company has expanded product line to include secondary nutrients sulphur magnesium and calcium. In 2002 Aries continued expanding its plant nutrition product line to include valueadded watersoluble complexes of nitrogen N phosphorous P and potassium K. As of now the company has having 4 manufacturing plants at Mumbai Hyderabad Bangalore and Kolkata with installed capacity of 10800 TPA 5400 TPA 3750 TPA and 1650 TPA respectively with total installed capacity being at 21600 TPA.
OrganisationAries Agro Ltd