Aries Agro Ltd.
Snapshot View

174.00 -0.95 ▼-0.5%

26 July 2021, 04:00:00 P.M.
Volume: 15,756

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Fertilizers Compare with Industry peers
Website http://www.ariesagro.com
Financial Indicators
Market Cap 226.28 Cr.
Earnings per share (EPS) 13.81 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 12.60 Trailing Twelve Months Ending 2021-03
Industry PE 15.18 Trailing Twelve Months Ending 2021-03
Book Value / Share 161.92 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.07 Calculated using Price: 174.00
Dividend Yield 0.46 Period Ending 2020-03
No. of Shares Subscribed 1.30 Cr. 13,004,339 Shares
FaceValue 10
Company Profile

Aries Agro was founded by T B Mirchandani and Bala Mirchandani in 1969. It is into the business of manufacturing of micronutrients and other nutritional products for plants and animals. It started its activity by manufacturing a small range of mineral feed additives for animals and birds and then diversified into mineral additives for the agriculture use. Its 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, anti-coccidian and anti-bacterial feed additives.

In 1975, it diversified into nutrients for plant. It had in-house expertise in the area of mineral nutrition and thereby decided to concentrate on the same. It conducted research on compounds that could deliver mineral nutrients to plants more efficiently. The research zeroed in on 'Metal Chelates'. The product had to be manufactured in accordance with the locally available ingredients and expertise which posed a challenge for the company. Through in-house R&D efforts, Aries Agro branched out into agrochemicals in 1975 with the introduction of Chelated Micronutrients. It pioneered the concept of Chelates in India with the introduction of 'Agromin', a micronutrient fertilizer in the year 1975, followed by 'Chelamin' in 1976. Agromin (chelated micronutrients) and Chelamin (chelated zinc) are the company's flagship brands. It is one of the leading manufacturer and seller of Chelates in the country.

The company also conducted in-house R&D to develop bactericides for agriculture. It was amongst the first few to receive license for use of bactericides for agricultural use from the Government of India. This was then followed by the introduction of plant hormones. In 2001, Aries expanded its product line to include secondary nutrients -- sulphur, magnesium and calcium. In the subsequent years, it continued expanding its plant nutrition product line to include value-added, water-soluble complexes of nitrogen (N), phosphorous (P) and potassium (K).

Aries today has several exclusive marketing arrangements with manufacturers of quality plant nutritional products all over the world. All products sourced from abroad are formulated with specific inputs from Aries' market intelligence and technical support from its technical support teams. The R&D efforts of its International partners have therefore taken into account the unique agro-climatic requirements of India. This ensures that all the products that Aries imports from Europe, Turkey, Singapore, USA and South America are all tailor-made to suit Indian conditions. 'Made For India' is indeed, the Aries mantra.

Since the turn of the millennium, Aries has positioned itself as India’s plant nutrients super bazar. It has emerged as India's most respected supplier of quality plant nutrition solutions, having a comprehensive range of primary, secondary and micronutrients all available under the Aries umbrella.

Products

  • Plant Nutrition 
  • Seeds & Plant Protection 
  • Farm Equipment

Certification/ Recognition

The company is ISO 9001:2000 certified

Milestones

  • First recipient of the coveted ISI mark for mineral feed supplements -- an honour not yet accorded to many major players in the Industry.
  • The company selected by the International Labour Organization, Switzerland to exemplify ideal Labour Relations in the Small Scale Sector in India.
  • First company to receive manufacturing permission for Agricultural Chelates.
  • First company to receive manufacturing permission for Agricultural Bactericides.
  • First company to indigenously manufacture Calcium Chelate.
  • Recipient of Transworld Gold Medal.
  • Recipient of National Unity Award.
  • Consistently represented on the Animal Feeds Committee of the Bureau of Indian Standards.
  • Responsible for the establishment of the Feed Additive Manufacturers Association of India.
  • Responsible for the establishment of the Indian Micronutrient Manufacturers Association.
  • TB Mirchandani was nominated for the International Award for Distinguished Leadership by the American Biographical Institute.
  • Aries is the first agribusiness company in India to successfully launch a Dealer Loyalty Programme, christened 'Khazaana', which is today recognized as India's most rewarding customer rewards programme in the agrochemical industry.
  • 2010 - Aries Agro has been awarded the ‘Trailblazers Brand Innovator Award 2010’ in the category of Agricultural Inputs.
    - One amongst 10 Agri Business companies selected by the United States Government to showcase agricultural innovation and its impact at the Indo Agri Expo held in Mumbai on 7th November, 2010
  • 2012 - The Company and Institute of Technology and Management (ITM) Trust have entered into a Memorandum of Understanding (MoU) to work together towards the launch of a specialized ITM-Aries Agro PGDM Program in Agribusiness Management.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.54%
1 Week
-0.74%
1 Month
+33.85%
3 Month
+112.07%
6 Month
+82.39%
1 Year
+198.20%
2 Year
+253.66%
5 Year
+49.04%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.15 11.19 11.47 11.03 4.67 3.14 5.08 4.14 4.51
Return on Capital Employed (%) 16.59 14.02 14.68 13.46 10.79 10.85 13.69 12.45 11.81
Return on Assets (%) 4.24 3.93 4.20 4.31 1.83 1.21 1.96 1.59 1.76

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 140 159 177 178 172 175 183 189 194
Non Curr. Liab. 19 24 26 18 17 20 22 19 26
Curr. Liab. 204 225 216 211 216 217 246 262 258
Minority Int. 16 22 29 36 43 38 26 24 9
Equity & Liab. 380 429 448 444 448 450 477 494 487
Non Curr. Assets 106 117 113 99 106 93 101 110 120
Curr. Assets 273 313 335 345 342 357 376 384 368
Misc. Exp. not W/O 0 0
Total Assets 380 429 448 444 448 450 477 494 487

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 236 252 298 305 263 253 291 265 296
Other Income 5 3 2 1 1 3 2 3 7
Total Income 241 254 300 306 264 256 293 269 303
Total Expenditure -190 -202 -240 -250 -217 -214 -245 -222 -256
PBIDT 51 52 59 56 47 42 48 47 47
Interest -23 -24 -25 -24 -25 -23 -29 -29 -26
Depreciation -8 -8 -9 -10 -11 -7 -2 -2 -5
Taxation -6 -4 -7 -3 -4 -7 -8 -8 -7
Exceptional Items
PAT 15 16 18 19 8 5 9 8 9

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -25 9 31 38 34 48 14 44 53
Cash Fr. Inv. -9 -23 2 -11 -25 13 -2 -10 -35
Cash Fr. Finan. 11 16 -41 -31 -9 -59 -12 -36 -21
Net Change -23 2 -8 -4 0 2 0 -2 -4
Cash & Cash Eqvt 19 21 13 9 4 6 6 4 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 52.66 52.66 52.66 52.66 51.11 52.66 52.66 52.66 52.66
Public 47.34 47.34 47.34 47.34 48.89 47.34 47.34 47.34 47.34
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 12 Jul 2021
Sub: Intimation Pursuant To Regulation 30 Of SEBI(Listing Obligations And Disclosure Requirements) Regulations 2015.<BR> <BR> Updates: Inauguration Of Manufacturing Unit Of The Wholly Owned Subsidiary M/S Mirabelle Agro Manufacturing Private Limited At Chattral Gujarat<BR>
Dear Sir

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform the Exchange as under:

1. that a Manufacturing Unit of Wholly Owned Subsidiary viz M/S Mirabelle Agro Manufacturing Private Limited at Chattral Gujarat was inaugurated and started functioning from today i.e. 12th July 2021 with Manufacturing Capacity for Micronutrients of 9 000 MT per annum.

This is for the information of the Exchanges and to the public at large.
Fri, 09 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- QAISER PARVEZ ANSARI
Designation :- Company Secretary and Compliance Officer
Fri, 09 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Dear Sir

Enclosed herewith please find a Certificate as required by Regulation 74(5) of SEBI(Depositories and Participants) Regulations 2018 for the period ended 30.06.2021.

Kindly take the same on your records.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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