Aarti Surfactants Ltd. (IN:AARTISURF)
:AARTISURF
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Aarti Surfactants Ltd.
(AARTISURF)
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Rating:63Neutral
Price Target:
₹342.00
▼(-11.81% Downside)
Action:ReiteratedDate:03/10/26
The score is primarily supported by solid financial performance (revenue growth and margin improvement), but is held back by a clear bearish technical setup (price below key moving averages with negative MACD) and only moderate valuation support (P/E 22.44 with a low dividend yield).
Positive Factors
Stable end-market demand (home & personal care)
Aarti Surfactants supplies core chemistries to FMCG and industrial formulators, a structurally steady market. B2B ingredient supply to detergent/cleaner makers creates recurring demand and long-term contracts, supporting predictable revenue and customer stickiness over months.
Negative Factors
Very low net profit margin (~2.2%)
A low net margin leaves limited buffer to absorb raw-material cost shocks or pricing pressure and restricts retained earnings for reinvestment. Structurally this reduces resilience and makes sustained profitability vulnerable to feedstock volatility and operational setbacks.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable end-market demand (home & personal care)
Aarti Surfactants supplies core chemistries to FMCG and industrial formulators, a structurally steady market. B2B ingredient supply to detergent/cleaner makers creates recurring demand and long-term contracts, supporting predictable revenue and customer stickiness over months.
Read all positive factors
Aarti Surfactants Ltd. (AARTISURF) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.32B
Dividend Yield0.25%
Average Volume (3M)774.00
Price to Earnings (P/E)22.4
Beta (1Y)1.51
Revenue Growth28.46%
EPS Growth-2.09%
CountryIN
Employees334
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)4.32
Shares Outstanding8,464,995
10 Day Avg. Volume430
30 Day Avg. Volume774
Financial Highlights & Ratios
PEG Ratio-0.69
Price to Book (P/B)1.52
Price to Sales (P/S)0.54
P/FCF Ratio-38.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Aarti Surfactants Ltd. Business Overview & Revenue Model
Company Description
Aarti Surfactants Limited, together with its subsidiary, Aarti HPC limited, produces and supplies ionic and non-ionic, and specialty surfactants for the home and personal care, agro and oil, and industrial applications in India and internationally...
How the Company Makes Money
Aarti Surfactants Ltd. makes money primarily by manufacturing and selling surfactants and surfactant-based products to business customers. Revenue is generated through (1) sale of finished surfactants/formulations (the core stream), where the comp...
Aarti Surfactants Ltd. Financial Statement Overview
Summary
Income Statement
80
Positive
Balance Sheet
75
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.60B | 6.59B | 5.90B | 5.97B | 5.70B | 4.63B |
| Gross Profit | 1.35B | 1.25B | 658.04M | 1.27B | 794.12M | 741.92M |
| EBITDA | 494.19M | 419.18M | 621.92M | 477.40M | 324.31M | 455.06M |
| Net Income | 150.18M | 145.45M | 213.27M | 127.05M | 54.95M | 216.34M |
Balance Sheet | ||||||
| Total Assets | 4.90B | 4.77B | 4.22B | 4.02B | 4.02B | 3.84B |
| Cash, Cash Equivalents and Short-Term Investments | 2.41M | 12.07M | 63.15M | 76.89M | 14.29M | 67.32M |
| Total Debt | 1.18B | 1.10B | 992.09M | 1.49B | 1.62B | 1.52B |
| Total Liabilities | 2.53B | 2.45B | 2.04B | 2.34B | 2.67B | 2.51B |
| Stockholders Equity | 2.37B | 2.33B | 2.18B | 1.68B | 1.36B | 1.33B |
Cash Flow | ||||||
| Free Cash Flow | -8.16M | -90.98M | 356.08M | 139.31M | 7.76M | -256.61M |
| Operating Cash Flow | 216.41M | 111.38M | 519.61M | 247.84M | 233.18M | 358.26M |
| Investing Cash Flow | -239.22M | -161.63M | -162.19M | 85.61M | -225.41M | -614.87M |
| Financing Cash Flow | 16.49M | -3.67M | -371.15M | -270.86M | -60.80M | 315.88M |
Aarti Surfactants Ltd. Technical Analysis
Neutral
387.80
Price Trends
390.09
Negative
401.00
Negative
452.73
Negative
Market Momentum
-8.30
Negative
53.67
Neutral
92.32
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AARTISURF, the sentiment is Neutral. The current price of 387.8 is above the 20-day moving average (MA) of 355.55, below the 50-day MA of 390.09, and below the 200-day MA of 452.73, indicating a neutral trend. The MACD of -8.30 indicates Negative momentum. The RSI at 53.67 is Neutral, neither overbought nor oversold. The STOCH value of 92.32 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:AARTISURF.
Aarti Surfactants Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | ₹3.32B | 22.44 | ― | 0.25% | 28.46% | -2.09% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹4.60B | 10.12 | ― | 0.46% | 22.68% | ― | |
53 Neutral | ₹3.03B | 28.86 | ― | ― | 23.58% | 154.81% | |
43 Neutral | ₹2.34B | -19.09 | ― | 0.38% | ― | ― | |
43 Neutral | ₹3.02B | -4.16 | ― | 5.02% | -19.25% | -220.20% |
* Basic Materials Sector Average
IN:AARTISURF
Aarti Surfactants Ltd.
391.65
-40.67
-9.41%
IN:ANDHRAPET
Andhra Petrochemicals Limited
37.71
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IN:DIAMINESQ
Diamines & Chemicals Ltd.
238.95
-79.18
-24.89%
IN:GENUSPAPER
Genus Paper & Boards Ltd
11.79
-6.84
-36.71%
IN:GOACARBON
Goa Carbon Limited
330.05
-114.60
-25.77%
IN:RAMAPHO
Rama Phosphates Limited
130.25
39.67
43.80%
Aarti Surfactants Ltd. Corporate Events
Aarti Surfactants Clears Q3 FY26 Results, Withdraws Promoter Reclassification Move
Jan 19, 2026
Aarti Surfactants Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, and will publish these numbers in newspapers in line with securities regulatio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.