Aarti Surfactants Key Ratios
NSE: AARTISURF | BSE: 543210
₹466.00
As on 06-Nov-2026IST
Market cap
₹395 Cr
Revenue (TTM)
₹916 Cr
P/E Ratio
21.5
P/B Ratio
1.6
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.47 | 26.39 | 25.22 | 15.68 | 13.15 |
| EBIT | 76.87 | 111.11 | 40.30 | 2.46 | 2.03 |
| Net Profit | 112.88 | 196.83 | 42.31 | 9.49 | -2.84 |
| EPS | 112.62 | 196.27 | 18.82 | 6.80 | -4.69 |
| Book Value | -- | -- | 5.11 | 10.93 | 10.89 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.07 | 4.75 | 4.09 | 3.40 | 3.73 |
| Net Margin
| 2.50 | 2.06 | 2.01 | 1.44 | 2.20 |
| Return on equity
| 7.80 | 7.03 | 7.64 | 5.18 | 6.46 |
| Return on Capital
| 11.14 | 10.10 | -- | 8.57 | 9.82 |
| Return on Assets
| 3.75 | 3.09 | 3.70 | 2.48 | 3.23 |
| Debt to Equity (x)
| -- | -- | 0.17 | 0.42 | 0.47 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
8.57
|
9.82
|
14.62
|
10.60
|
|
Peer Median
|
--
|
12.27
|
12.06
|
13.53
|
--
|
ROE
7.64
Lower than Peers by 1.96
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
7.64
|
5.18
|
6.46
|
11.05
|
8.36
|
|
Peer Median
|
9.60
|
9.81
|
8.91
|
10.80
|
--
|
ROA
3.70
Lower than Peers by 2.66
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
3.70
|
2.48
|
3.23
|
5.16
|
3.15
|
|
Peer Median
|
6.36
|
6.70
|
5.64
|
6.79
|
--
|
EBIT Margin
4.09
Lower than Peers by 4.80
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
4.09
|
3.40
|
3.73
|
7.81
|
5.36
|
|
Peer Median
|
8.89
|
11.77
|
8.43
|
8.97
|
--
|
Net Margin
2.01
Lower than Peers by 4.66
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
2.01
|
1.44
|
2.20
|
3.61
|
2.11
|
|
Peer Median
|
6.67
|
6.72
|
5.96
|
6.62
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
3.50
|
4.84
|
6.33
|
4.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.22
Higher than Peers by 18.21
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
25.22
|
30.35
|
11.74
|
-1.90
|
4.48
|
|
Peer Median
|
7.01
|
17.54
|
9.42
|
9.36
|
--
|
EBIT Growth
41.55
Higher than Peers by 38.90
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
41.55
|
18.81
|
-46.69
|
42.90
|
63.76
|
|
Peer Median
|
2.65
|
33.60
|
1.79
|
-1.67
|
--
|
Net Profit Growth
42.31
Higher than Peers by 38.64
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
42.31
|
-15.14
|
-31.80
|
67.87
|
131.21
|
|
Peer Median
|
3.68
|
34.49
|
-1.10
|
4.91
|
--
|
EPS Growth
18.82
Higher than Peers by 15.87
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
18.82
|
-15.21
|
-31.74
|
57.47
|
124.19
|
|
Peer Median
|
2.95
|
29.65
|
0.15
|
4.91
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
5.19
|
6.57
|
29.81
|
23.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.17
Higher than Peers by 0.15
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
0.17
|
0.42
|
0.47
|
0.45
|
0.89
|
|
Peer Median
|
0.02
|
0.20
|
0.16
|
0.08
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
0.23
|
0.26
|
0.11
|
0.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.32
Lower than Peers by 0.87
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
1.32
|
1.32
|
1.36
|
1.54
|
1.28
|
|
Peer Median
|
2.19
|
1.78
|
2.23
|
2.18
|
--
|
Quick Ratio
0.72
Lower than Peers by 0.86
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
0.72
|
0.72
|
0.63
|
0.78
|
0.74
|
|
Peer Median
|
1.58
|
1.83
|
1.96
|
1.71
|
--
|
Interest Coverage
3.02
Lower than Peers by 8.15
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
3.02
|
2.40
|
2.79
|
3.29
|
2.20
|
|
Peer Median
|
11.17
|
8.98
|
8.85
|
10.17
|
--
|
Operating Efficiency
Debtors to sales
11.42
Lower than Peers by 7.32
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
11.42
|
12.18
|
11.57
|
11.89
|
10.87
|
|
Peer Median
|
18.75
|
20.80
|
18.32
|
17.58
|
--
|
Asset Turnover
1.84
Higher than Peers by 1.03
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
1.84
|
1.73
|
1.47
|
1.43
|
1.49
|
|
Peer Median
|
0.82
|
0.88
|
0.84
|
0.85
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
38.43
|
40.53
|
41.91
|
36.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
53.74
|
64.67
|
54.62
|
46.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
54.17
|
54.49
|
50.80
|
48.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
38.00
|
50.71
|
45.73
|
33.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
21.49
Lower than Peers by 5.55
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
21.49
|
22.04
|
23.32
|
21.96
|
28.33
|
|
Peer Median
|
27.04
|
27.97
|
35.43
|
34.02
|
--
|
Price / Book Value
1.56
Lower than Peers by 1.00
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
1.56
|
1.11
|
1.46
|
2.15
|
2.14
|
|
Peer Median
|
2.56
|
2.84
|
2.26
|
2.74
|
--
|
Dividend Yield
0.21
Lower than Peers by 0.08
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
0.21
|
0.31
|
0.25
|
--
|
--
|
|
Peer Median
|
0.30
|
0.23
|
0.30
|
0.28
|
--
|
EV/EBITDA
8.66
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
8.66
|
7.66
|
9.84
|
8.98
|
10.43
|
|
Peer Median
|
--
|
24.84
|
23.67
|
19.92
|
--
|
Market Cap
395
Lower than Peers by 1,871
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
395
|
272
|
339
|
468
|
360
|
|
Peer Median
|
2,267
|
1,461
|
920
|
1,568
|
--
|