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AARTIIND - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.8

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 2.8

Stock Code AARTIIND Market Cap 15,699 Cr. Current Price 433 ₹ High / Low 495 ₹
Stock P/E 42.6 Book Value 158 ₹ Dividend Yield 0.23 % ROCE 6.43 %
ROE 6.22 % Face Value 5.00 ₹ DMA 50 418 ₹ DMA 200 412 ₹
Chg in FII Hold 0.30 % Chg in DII Hold 0.01 % PAT Qtr 146 Cr. PAT Prev Qtr 80.0 Cr.
RSI 52.0 MACD 1.34 Volume 4,85,981 Avg Vol 1Wk 13,90,076
Low price 338 ₹ High price 495 ₹ PEG Ratio -1.25 Debt to equity 0.69
52w Index 60.4 % Qtr Profit Var 211 % EPS 10.4 ₹ Industry PE 25.7

📊 Core Financials

  • Profitability: PAT rose from ₹80 Cr. to ₹146 Cr. (Qtr Profit Var: +211%)
  • Margins: ROE at 6.22% and ROCE at 6.43% indicate weak efficiency
  • Debt: Debt-to-equity ratio at 0.69 shows moderate leverage
  • Cash Flow: EPS at ₹10.4 is modest relative to market cap

💰 Valuation Indicators

  • P/E Ratio: 42.6 vs Industry PE of 25.7 → overvalued
  • P/B Ratio: Current Price ₹433 vs Book Value ₹158 → ~2.7x book
  • PEG Ratio: -1.25 → distorted due to earnings volatility
  • Intrinsic Value: Current valuation exceeds fundamentals

🏢 Business Model & Health

  • Market Cap: ₹15,699 Cr. reflects mid-sized presence in specialty chemicals
  • Dividend Yield: 0.23% provides minimal shareholder return
  • Competitive Advantage: Established brand in chemical manufacturing
  • Overall Health: Profit growth visible, but efficiency and valuations remain weak

🎯 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near ₹360–390 if market correction occurs
  • Long-Term Holding: Risky at current valuations; suitable only if margins improve

✅ Positive

  • Quarterly PAT growth (+211%)
  • Moderate debt-to-equity ratio (0.69)
  • FII holding increased (+0.30%)

⚠️ Limitation

  • High P/E ratio (42.6) compared to industry
  • Weak ROE (6.22%) and ROCE (6.43%)
  • PEG ratio negative, reflecting unstable earnings growth

📉 Company Negative News

  • Efficiency metrics remain weak despite profit growth
  • Stock trading only slightly above DMA levels (50DMA ₹418, 200DMA ₹412)

📈 Company Positive News

  • Quarterly PAT improved significantly to ₹146 Cr.
  • FII and DII holdings both increased

🏭 Industry

  • Industry PE: 25.7, lower than AARTIIND’s PE
  • Chemicals sector benefits from global demand but faces margin pressures

🔎 Conclusion

AARTIIND shows strong profit growth momentum but suffers from weak efficiency metrics and stretched valuations compared to industry peers.

While institutional interest is rising, the company’s fundamentals suggest caution.

Entry is recommended only at lower levels around ₹360–390, with long-term holding suitable if margins improve and earnings stabilize.

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