Aarti Surfactants Key Ratios
NSE: AARTISURF | BSE: 543210
₹514.45
As on 01-Sep-2026IST
Market cap
₹437 Cr
Revenue (TTM)
₹916 Cr
P/E Ratio
23.7
P/B Ratio
1.7
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 | -- | -- | 6.66 | 15.90 | 13.78 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 5.71 | 5.50 | 4.09 | 3.73 | 7.81 |
| Net Margin
| 2.72 | 2.70 | 2.01 | 2.20 | 3.61 |
| Return on equity
| 8.82 | 9.54 | 7.64 | 6.46 | 11.05 |
| Return on Capital
| 11.80 | 11.03 | -- | 9.82 | 14.62 |
| Return on Assets
| 3.95 | 3.92 | 3.70 | 3.23 | 5.16 |
| Debt to Equity (x)
| -- | -- | 0.17 | 0.47 | 0.45 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
9.82
|
14.62
|
10.60
|
6.87
|
|
Peer Median
|
--
|
12.06
|
13.53
|
--
|
21.96
|
ROE
7.64
Lower than Peers by 1.84
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
7.64
|
6.46
|
11.05
|
8.36
|
4.09
|
|
Peer Median
|
9.48
|
8.91
|
10.80
|
--
|
16.28
|
ROA
3.70
Lower than Peers by 2.54
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
3.70
|
3.23
|
5.16
|
3.15
|
1.39
|
|
Peer Median
|
6.24
|
5.64
|
6.79
|
--
|
12.29
|
EBIT Margin
4.09
Lower than Peers by 4.78
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
4.09
|
3.73
|
7.81
|
5.36
|
3.42
|
|
Peer Median
|
8.87
|
8.43
|
8.97
|
--
|
11.95
|
Net Margin
2.01
Lower than Peers by 4.54
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
2.01
|
2.20
|
3.61
|
2.11
|
0.95
|
|
Peer Median
|
6.55
|
5.96
|
6.62
|
--
|
9.57
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
4.84
|
6.33
|
4.69
|
3.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.22
Higher than Peers by 19.14
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
25.22
|
11.74
|
-1.90
|
4.48
|
23.56
|
|
Peer Median
|
6.09
|
9.42
|
9.36
|
--
|
29.50
|
EBIT Growth
41.55
Higher than Peers by 40.60
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
41.55
|
-46.69
|
42.90
|
63.76
|
-40.85
|
|
Peer Median
|
0.94
|
1.79
|
-1.67
|
--
|
8.94
|
Net Profit Growth
42.31
Higher than Peers by 40.20
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
42.31
|
-31.80
|
67.87
|
131.21
|
-74.60
|
|
Peer Median
|
2.12
|
-1.10
|
4.91
|
--
|
13.50
|
EPS Growth
18.82
Higher than Peers by 16.95
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
18.82
|
-31.74
|
57.47
|
124.19
|
-74.60
|
|
Peer Median
|
1.88
|
0.15
|
4.91
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
6.57
|
29.81
|
23.62
|
2.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.17
Higher than Peers by 0.14
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
0.17
|
0.47
|
0.45
|
0.89
|
1.19
|
|
Peer Median
|
0.03
|
0.16
|
0.08
|
--
|
0.13
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
0.26
|
0.11
|
0.30
|
0.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.32
Lower than Peers by 0.74
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
1.32
|
1.35
|
1.54
|
1.28
|
1.17
|
|
Peer Median
|
2.07
|
2.23
|
2.18
|
--
|
1.93
|
Quick Ratio
0.72
Lower than Peers by 0.73
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
0.72
|
0.63
|
0.78
|
0.74
|
0.67
|
|
Peer Median
|
1.45
|
1.96
|
1.71
|
--
|
1.31
|
Interest Coverage
3.02
Lower than Peers by 5.83
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
3.02
|
2.79
|
3.29
|
2.20
|
1.87
|
|
Peer Median
|
8.85
|
8.85
|
10.17
|
--
|
14.41
|
Operating Efficiency
Debtors to sales
11.42
Lower than Peers by 7.19
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
11.42
|
11.57
|
11.89
|
10.87
|
9.46
|
|
Peer Median
|
18.61
|
18.32
|
17.58
|
--
|
17.99
|
Asset Turnover
1.84
Higher than Peers by 1.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
1.84
|
1.47
|
1.43
|
1.49
|
1.46
|
|
Peer Median
|
0.80
|
0.84
|
0.85
|
--
|
1.11
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
40.53
|
41.91
|
36.37
|
34.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
64.67
|
54.62
|
46.18
|
46.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
54.49
|
50.80
|
48.93
|
59.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
--
|
50.71
|
45.73
|
33.62
|
22.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
23.72
Lower than Peers by 12.62
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
23.72
|
23.32
|
21.96
|
28.33
|
102.12
|
|
Peer Median
|
36.34
|
35.43
|
34.02
|
--
|
27.79
|
Price / Book Value
1.72
Lower than Peers by 0.94
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
1.72
|
1.46
|
2.15
|
2.14
|
4.19
|
|
Peer Median
|
2.65
|
2.26
|
2.74
|
--
|
3.55
|
Dividend Yield
0.19
Lower than Peers by 0.08
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
0.19
|
0.25
|
--
|
--
|
--
|
|
Peer Median
|
0.27
|
0.30
|
0.28
|
--
|
0.36
|
EV/EBITDA
9.39
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
9.39
|
9.84
|
8.98
|
10.43
|
22.50
|
|
Peer Median
|
--
|
23.67
|
19.92
|
--
|
19.44
|
Market Cap
437
Lower than Peers by 2,208
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Aarti Surfactants
|
437
|
339
|
468
|
360
|
570
|
|
Peer Median
|
2,645
|
920
|
1,568
|
--
|
1,526
|