Date: September 29, 2026
Company Overview
Aarti Surfactants Limited (ASL) was established through the strategic demerger of the Home and Personal Care division of Aarti Industries Limited in 2018. The Company specializes in manufacturing high-performance ionic, non-ionic, and specialty surfactants, serving domestic and international markets with strategic focus on expanding presence in high-margin skincare segment. Operations are supported by two manufacturing units in Madhya Pradesh and Silvassa, along with a dedicated R&D centre in Navi Mumbai focused on process optimization, resource efficiency, and sustainability-led product innovation. Export presence spans across Asia, Europe, Africa and the Americas.
Key operational metrics:
- 50+ products
- 100+ customers
- 50+ countries global export presence
- ₹85,912.92 lakhs revenue from operations
- ₹43.06 lakhs CSR spend
- 350+ employees
Vision: To be the Global Partner of Choice for leading FMCG companies in surfactants and specialty products.
Mission: To deliver high-performance, sustainable surfactant solutions that meet evolving customer needs through innovation, quality, and environmental responsibility.
Industries Catered
Home Care: Detergents, Dishwashing Liquids, Surface and Floor Cleaners
Personal Care: Shampoos, Body Washes, Hand Washes, Moisturisers, Lotions
Financial Results (Standalone)
| Particulars (₹ in Lakhs) | FY 2026 | FY 2025 | Y-o-Y |
| Operational Revenue | 85,912.92 | 65,908.54 | 30% |
| Total Expenses | 84,190.35 | 64,561.93 | 30% |
| EBITDA | 4,731.80 | 4,981.54 | -5% |
| EBITDA Margin (%) | 5.51% | 7.56% | -27% |
| Depreciation | 1,745.69 | 1,711.65 | 2% |
| Finance Cost | 1,230.53 | 1,155.15 | 7% |
| PBT | 1,755.58 | 2,114.74 | -17% |
| Tax | 487.75 | 615.74 | -21% |
| PAT | 1,267.83 | 1,499.00 | -15% |
| PAT Margin (%) | 1.48% | 2.27% | -35% |
| Other Comprehensive Income | 5.18 | -21.05 | -75% |
| Total Comprehensive Income | 1,273.01 | 1,477.95 | -14% |
| Diluted EPS | 14.96 | 17.71 | -16% |
Financial Results (Consolidated)
| Particulars (₹ in Lakhs) | FY 2026 | FY 2025 | Y-o-Y |
| Operational Revenue | 85,912.92 | 65,908.54 | 30% |
| Total Expenses | 84,223.97 | 64,606.47 | 30% |
| EBITDA | 4,721.13 | 4,959.96 | -5% |
| EBITDA Margin (%) | 5.49% | 7.53% | -27% |
| Depreciation | 1,768.64 | 1,734.60 | 2% |
| Finance Cost | 1,230.53 | 1,155.15 | 7% |
| PBT | 1,721.96 | 2,070.21 | -17% |
| Tax | 487.75 | 615.74 | -21% |
| PAT | 1,234.21 | 1,454.47 | -15% |
| PAT Margin (%) | 1.43% | 2.21% | -35% |
| Other Comprehensive Income | 5.18 | -21.05 | -75% |
| Total Comprehensive Income | 1,239.39 | 1,433.42 | -14% |
| Diluted EPS | 14.56 | 17.19 | -15% |
Competitive Advantages & Milestones
2018: Incorporation of Aarti Surfactants Limited through demerger from Aarti Industries Limited
2019: Received NCLT order for demerger; changed name to Aarti Surfactants Limited
2020: Equity Shares listed on BSE and NSE
2022: Preference Shares listed on BSE and NSE
2023: Shifted Registered Office from Gujarat to Madhya Pradesh; Executed Rights Issue of ₹49.52 crores through partly paid-up shares
2024: Achieved 14% CAGR in sales over six years
2025: Established fully operational R&D Centre
2026: Focus on consolidating and strengthening business operations across existing and subsidiary entities with emphasis on operational efficiencies, resource optimization, financial discipline and sustainable growth
Financial Performance and Rating Upgrade
Mention of Crisil Ratings September 2026 (no specific details provided)