Summary of Key Information:
Reporting Period: Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results
Audit Opinion:
Limited Review Report issued by Statutory Auditors - No modifications or qualifications noted.
Key Financial Highlights [₹ in Crores]:
Standalone Results:
Quarter Ended September 30, 2026:
- Revenue from Operations (Net): ₹3,942 (YoY: +89% from ₹2,085 in Q2 FY25)
- Total Income: ₹3,947
- Net Profit: ₹186 (YoY: +84% from ₹101 in Q2 FY25)
- EPS: ₹5.13 (Basic) and ₹5.13 (Diluted)
Half Year Ended September 30, 2026:
- Revenue from Operations (Net): ₹6,183 (YoY: +66% from ₹3,721 in H1 FY25)
- Total Income: ₹6,191
- Net Profit: ₹330 (YoY: +129% from ₹144 in H1 FY25)
- EPS: ₹9.11 (Basic) and ₹9.10 (Diluted)
Financial Position (Standalone as of September 30, 2026):
- Cash and Cash Equivalents: ₹122
- Total Debt: ₹5,147 (Non-current Borrowings: ₹2,005 + Current Borrowings: ₹3,142)
- Net Worth: ₹6,285
- Paid-up Equity Share Capital: ₹181 (Face Value ₹5 each)
Consolidated Results:
Quarter Ended September 30, 2026:
- Revenue from Operations (Net): ₹3,668
- Total Income: ₹3,676
- Net Profit: ₹169
- EPS: ₹4.65 (Basic) and ₹4.65 (Diluted)
Half Year Ended September 30, 2026:
- Revenue from Operations (Net): ₹6,055
- Total Income: ₹6,065
- Net Profit: ₹324
- EPS: ₹8.92 (Basic) and ₹8.91 (Diluted)
Financial Position (Consolidated as of September 30, 2026):
- Cash and Cash Equivalents: ₹468
- Total Debt: ₹5,147 (Non-current Borrowings: ₹2,005 + Current Borrowings: ₹3,142)
- Net Worth: ₹6,265
- Paid-up Equity Share Capital: ₹181 (Face Value ₹5 each)
Segment-wise Performance:
The Company has only one reportable segment: Specialty Chemicals.
Corporate Actions:
- No dividend declared in this announcement
- 14,669 Equity Shares of ₹5 each issued and allotted under 'Aarti Industries Limited Performance Stock Option Plan 2022' (PSOP 2022)
- Paid-up Share Capital increased to ₹1,81,37,06,820 as on September 30, 2026
Subsidiary and Joint Venture Structure:
As on September 30, 2026, the Company has:
- 7 direct subsidiaries: Aarti Corporate Services Limited, Innovative Envirocare Jhagadia Limited, Aarti Polychem Private Limited, Aarti Bharuch Limited, Aarti Circularity Limited, Alchemie (Europe) Limited, and Aarti Chemical Trading - FZCO
- 1 indirect subsidiary: Aarti Chem Trading USA INC. (through Aarti Chemical Trading - FZCO)
- 2 Joint Ventures: Augene Chemical Private Limited & Re Aarti Private Limited (indirect through Aarti Circularity Limited)
Exceptional Items:
Current Period (Q2 FY26):
- ₹5 Crore loss: Aarti Bharuch Limited converted OCDs into equity shares, resulting in carrying value difference
Current Period (H1 FY26):
- ₹2 Crore gain: Aarti Corporate Services Limited divested Shanti Intermediates Private Limited
Previous Period Disclosures (for context):
- ₹29 Crore interest income from historic income tax relief
- ₹7 Crore provision for advance payment to NBFC for land purchase
- ₹15 Crore provision for impact of new labour codes
Key Ratios [Standalone]:
- Operating Margin: 10.90% (Q2 FY26) vs 12.71% (Q2 FY25)
- Net Profit Margin: 4.47% (Q2 FY26) vs 4.50% (Q2 FY25)
- Debt Service Coverage Ratio: 2.76 (Q2 FY26) vs 0.89 (Q2 FY25)
- Interest Service Coverage Ratio: 4.15 (Q2 FY26) vs 1.69 (Q2 FY25)
- Net Debt-Equity Ratio: 0.80 (Sep 2026) vs 0.67 (Sep 2025)
- Current Ratio: 0.84 (Sep 2026) vs 0.77 (Sep 2025)
Additional Information:
- Figures for previous periods have been regrouped or rearranged wherever necessary
- The results were reviewed by the Audit Committee and approved by the Board of Directors
- The financial results will be available on company website and stock exchange websites