Aarti Industries Limited (AARTIIND) - Net Assets

Latest as of September 2025: Rs57.12 Billion INR ≈ $617.73 Million USD

Based on the latest financial reports, Aarti Industries Limited (AARTIIND) has net assets worth Rs57.12 Billion INR (≈ $617.73 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs117.02 Billion ≈ $1.27 Billion USD) and total liabilities (Rs59.90 Billion ≈ $647.80 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Aarti Industries Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs57.12 Billion
% of Total Assets	48.81%
Annual Growth Rate	17.84%
5-Year Change	59.45%
10-Year Change	371.25%
Growth Volatility	12.19

Aarti Industries Limited - Net Assets Trend (2005–2025)

This chart illustrates how Aarti Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore Aarti Industries Limited total assets for the complete picture of this company's asset base.

Annual Net Assets for Aarti Industries Limited (2005–2025)

The table below shows the annual net assets of Aarti Industries Limited from 2005 to 2025. For live valuation and market cap data, see Aarti Industries Limited (AARTIIND) market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs56.05 Billion ≈ $606.16 Million	+5.95%
2024-03-31	Rs52.90 Billion ≈ $572.15 Million	+7.51%
2023-03-31	Rs49.21 Billion ≈ $532.17 Million	+8.93%
2022-03-31	Rs45.17 Billion ≈ $488.54 Million	+28.51%
2021-03-31	Rs35.15 Billion ≈ $380.15 Million	+14.37%
2020-03-31	Rs30.73 Billion ≈ $332.38 Million	+13.21%
2019-03-31	Rs27.15 Billion ≈ $293.59 Million	+63.99%
2018-03-31	Rs16.55 Billion ≈ $179.03 Million	+16.06%
2017-03-31	Rs14.26 Billion ≈ $154.25 Million	+19.92%
2016-03-31	Rs11.89 Billion ≈ $128.63 Million	+16.35%
2015-03-31	Rs10.22 Billion ≈ $110.55 Million	+16.83%
2014-03-31	Rs8.75 Billion ≈ $94.63 Million	+15.06%
2013-03-31	Rs7.61 Billion ≈ $82.25 Million	+28.17%
2012-03-31	Rs5.93 Billion ≈ $64.17 Million	+14.50%
2011-03-31	Rs5.18 Billion ≈ $56.04 Million	+11.92%
2010-03-31	Rs4.63 Billion ≈ $50.08 Million	+23.56%
2009-03-31	Rs3.75 Billion ≈ $40.53 Million	+23.18%
2008-03-31	Rs3.04 Billion ≈ $32.90 Million	+10.80%
2007-03-31	Rs2.75 Billion ≈ $29.69 Million	+8.55%
2006-03-31	Rs2.53 Billion ≈ $27.36 Million	+20.22%
2005-03-31	Rs2.10 Billion ≈ $22.75 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Aarti Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2203.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs35.61 Billion	63.54%
Common Stock	Rs1.81 Billion	3.23%
Other Components	Rs18.63 Billion	33.23%
Total Equity	Rs56.05 Billion	100.00%

Aarti Industries Limited Competitors by Market Cap

The table below lists competitors of Aarti Industries Limited ranked by their market capitalization.

Company	Market Cap
Gränges AB (publ) ST:GRNG	$1.99 Billion
Stora Enso Oyj A HE:STEAV	$1.99 Billion
HHC Changzhou Corp. SHE:301061	$1.99 Billion
Spartan Delta Corp TO:SDE	$1.99 Billion
Worthington Steel Inc NYSE:WS	$1.99 Billion
Yifan Xinfu Pharmaceutical Co Ltd SHE:002019	$1.99 Billion
RLX TECH. SP.ADR/1 CL.A F:3CM	$1.99 Billion
LeMaitre Vascular Inc NASDAQ:LMAT	$1.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aarti Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 52,897,700,000 to 56,050,000,000, a change of 3,152,300,000 (6.0%).
Net income of 3,308,700,000 contributed positively to equity growth.
Dividend payments of 360,000,000 reduced retained earnings.
Share repurchases of 100,000,000 reduced equity.
Other comprehensive income increased equity by 235,899,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs3.31 Billion	+5.9%
Dividends Paid	Rs360.00 Million	-0.64%
Share Repurchases	Rs100.00 Million	-0.18%
Other Comprehensive Income	Rs235.90 Million	+0.42%
Other Changes	Rs167.70 Million	+0.3%
Total Change	Rs-	5.96%

Book Value vs Market Value Analysis

This analysis compares Aarti Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.28x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 70.25x to 3.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs7.22	Rs507.50	x
2006-03-31	Rs8.69	Rs507.50	x
2007-03-31	Rs9.40	Rs507.50	x
2008-03-31	Rs10.45	Rs507.50	x
2009-03-31	Rs12.71	Rs507.50	x
2010-03-31	Rs14.81	Rs507.50	x
2011-03-31	Rs16.58	Rs507.50	x
2012-03-31	Rs19.22	Rs507.50	x
2013-03-31	Rs21.34	Rs507.50	x
2014-03-31	Rs24.57	Rs507.50	x
2015-03-31	Rs28.68	Rs507.50	x
2016-03-31	Rs34.12	Rs507.50	x
2017-03-31	Rs41.48	Rs507.50	x
2018-03-31	Rs48.54	Rs507.50	x
2019-03-31	Rs75.89	Rs507.50	x
2020-03-31	Rs85.48	Rs507.50	x
2021-03-31	Rs100.52	Rs507.50	x
2022-03-31	Rs124.60	Rs507.50	x
2023-03-31	Rs135.72	Rs507.50	x
2024-03-31	Rs145.92	Rs507.50	x
2025-03-31	Rs154.75	Rs507.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aarti Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 5.90%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.64%
• Asset Turnover: 0.64x
• Equity Multiplier: 1.98x
Recent ROE (5.90%) is below the historical average (17.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	22.78%	6.78%	1.23x	2.74x	Rs268.87 Million
2006	21.87%	6.90%	1.15x	2.76x	Rs300.27 Million
2007	10.95%	3.92%	0.96x	2.89x	Rs25.92 Million
2008	15.30%	5.18%	0.95x	3.10x	Rs161.12 Million
2009	25.25%	6.47%	1.34x	2.91x	Rs571.37 Million
2010	18.12%	6.33%	1.07x	2.68x	Rs369.04 Million
2011	16.01%	5.49%	1.06x	2.75x	Rs305.86 Million
2012	17.50%	6.33%	0.98x	2.81x	Rs442.52 Million
2013	17.77%	6.53%	0.95x	2.88x	Rs587.88 Million
2014	18.65%	6.25%	0.97x	3.07x	Rs753.61 Million
2015	20.26%	7.19%	0.97x	2.89x	Rs1.04 Billion
2016	22.59%	8.69%	1.00x	2.61x	Rs1.43 Billion
2017	23.18%	10.14%	0.89x	2.57x	Rs1.80 Billion
2018	21.09%	8.86%	0.86x	2.78x	Rs1.75 Billion
2019	18.69%	11.93%	0.70x	2.23x	Rs2.29 Billion
2020	18.00%	13.06%	0.65x	2.13x	Rs2.38 Billion
2021	14.94%	12.16%	0.56x	2.18x	Rs1.73 Billion
2022	26.25%	22.84%	0.66x	1.74x	Rs7.34 Billion
2023	11.08%	8.40%	0.76x	1.74x	Rs532.22 Million
2024	7.87%	6.73%	0.64x	1.82x	Rs-1.13 Billion
2025	5.90%	4.64%	0.64x	1.98x	Rs-2.30 Billion

Industry Comparison

This section compares Aarti Industries Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $7,309,053,368
Average return on equity (ROE) among peers: 13.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aarti Industries Limited (AARTIIND)	Rs57.12 Billion	22.78%	1.05x	$1.99 Billion
Aarti Surfactants Limited (AARTISURF)	$1.11 Billion	1.88%	1.36x	$37.34 Million
ABM International Limited (ABMINTLLTD)	$161.33 Million	4.08%	2.02x	$4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES)	$1.66 Billion	30.02%	1.39x	$420.87 Million
Aether Industries Limited (AETHER)	$22.26 Billion	7.12%	0.19x	$1.68 Billion
Akzo Nobel India Limited (AKZOINDIA)	$9.20 Billion	20.25%	0.96x	$1.45 Billion
Alkali Metals Limited (ALKALI)	$528.67 Million	5.51%	1.00x	$7.38 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE)	$980.47 Million	17.95%	1.88x	$838.56 Million
Ami Organics Limited (AMIORG)	$576.82 Million	32.06%	1.70x	$1.18 Billion
Anupam Rasayan India Limited (ANURAS)	$29.31 Billion	4.39%	0.57x	$1.65 Billion

About Aarti Industries Limited

NSE:AARTIIND India Specialty Chemicals

Market Cap

$1.99 Billion

Rs184.02 Billion INR

Market Cap Rank

#6282 Global

#274 in India

Share Price

Rs507.50

Change (1 day)

+1.03%

52-Week Range

Rs340.00 - Rs507.50

All Time High

Rs1144.68