Key Quantitative Figures

Consolidated Financial Results (Q2 FY27):

  • Revenue from Operations: ₹296.04 crore
  • Discounts/Rebates: ₹51.67 crore
  • Net Income from Operations: ₹244.37 crore
  • Other Operating Income: ₹2.59 crore
  • Total Income from Operations (net): ₹246.96 crore
  • Profit before Tax: ₹34.08 crore
  • Tax Expense: ₹8.74 crore (Current Tax: ₹8.50 crore, Deferred Tax: ₹0.24 crore)
  • Net Profit: ₹25.34 crore
  • Basic EPS: ₹19.44
  • Diluted EPS: ₹19.44

Consolidated Financial Results (H1 FY27):

  • Revenue from Operations: ₹533.10 crore
  • Net Profit: ₹40.19 crore
  • Basic EPS: ₹30.91

Standalone Financial Results (Q2 FY27):

  • Revenue from Operations: ₹281.11 crore
  • Net Profit: ₹21.27 crore
  • Basic EPS: ₹16.36

Standalone Financial Results (H1 FY27):

  • Revenue from Operations: ₹513.05 crore
  • Net Profit: ₹34.90 crore
  • Basic EPS: ₹26.83

Balance Sheet Highlights (Consolidated, H1 FY27):

  • Total Assets: ₹739.92 crore
  • Property, Plant and Equipment: ₹142.09 crore
  • Inventories: ₹239.14 crore
  • Trade Receivables: ₹125.13 crore
  • Cash and Cash Equivalents: ₹6.21 crore
  • Equity Share Capital: ₹13.00 crore
  • Other Equity: ₹362.35 crore
  • Borrowings: ₹49.61 crore (Non-current: ₹37.59 crore, Current: ₹12.02 crore)

Cash Flow Statements (Consolidated, H1 FY27):

  • Net Cash from Operating Activities: ₹(14.02) crore
  • Net Cash from Investing Activities: ₹5.20 crore
  • Net Cash from Financing Activities: ₹(9.73) crore
  • Net Decrease in Cash: ₹(18.55) crore

Dates of Action

  • Board Meeting Date: 13th November, 2026 (12:07 PM to 4:10 PM)
  • Period Ended: 30th September, 2026
  • Results Approval Date: 13th November, 2026

Parties Involved

  • Statutory Auditors: Kirti D. Shah & Associates
  • Subsidiaries: Aries Agro Equipments Private Limited, Mirabelle Agro Manufacturing Private Limited, Golden Harvest Middle East FZC
  • Associate: Amarak Chemicals FZC (Associate of Golden Harvest Middle East FZC)

Financial Impact

The results represent the company's financial performance for Q2 and H1 FY27. Significant inventory buildup noted (₹239.14 crore vs ₹143.89 crore previous year). Negative cash flow from operations primarily due to increased working capital requirements.

Capital Structure Impact

No change in equity share capital reported. Paid-up equity share capital remains at ₹13.00 crore (face value ₹10 each).

Subsidiary and Associate Information

The consolidated results include:

  • 2 Wholly Owned Indian Subsidiaries: Mirabelle Agro Manufacturing Private Limited and Aries Agro Equipments Private Limited
  • 1 Overseas Subsidiary: Golden Harvest Middle East FZC, UAE
  • 1 Associate: Amarak Chemicals FZC (Associate of Golden Harvest Middle East FZC)

Auditor Review

Statutory auditors Kirti D. Shah & Associates conducted limited review of both standalone and consolidated financial results. No material misstatements identified in the review.

Additional Notes

  • Business activity falls within single primary segment (micronutrient fertilizers, plant nutrient solutions)
  • Performance impacted by cropping patterns, seasonality, and weather conditions
  • Previous period figures regrouped/rearranged for comparability
  • Results available on company website: www.ariesagro.com from 14th November, 2026