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NSE: Aartiind Aarti Industries Limited (AIL) is one of India’s leading specialty chemicals and pharmaceutical manufacturers with a global presence. We combine process chemistry (recipe focus) with scaling engineering expertise (asset utilization) to shape a sustainable future.
Over the past decade, AIL has grown from an Indian company serving global markets to a worldwide company with state-of-the-art manufacturing facilities in India. We manufacture chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments, and dyes.
What is National Stock Exchange of India Limited (NSE)?
National Stock Exchange of India Limited is India largest stock exchange. Founded in 1992, the NSE has grown into a sophisticated electronic marketplace, ranking fourth in the world regarding stock trading volume. Trading started in 1994 with the introduction of the wholesale debt market and, soon after, a spot market segment.
National Stock Exchange of India Limited (NSE) transacts in the wholesale bond, equity, and derivatives markets. One of the most popular helps is the NIFTY 50 File, which tracks the most significant assets in the Indian stock market. In addition, US investors can access the index using exchange-traded funds (ETFs) such as the iShares India 50 (INDY) ETF.
The National Stock Conversation of India Limited was the first stock conversation in India to offer modern and fully automated electronic trading. A group of Indian financial institutions founded it to make the Indian capital market more transparent.
What does NSE: Aartiind Industries do?
NSE: Aartiind Industries Limited (AIL) is one of India’s leading specialty chemicals and pharmaceutical manufacturers with a global presence. We manufacture chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments, and dyes.
What is the price of Aarti Industries today?
Aarti Industries is trading at 550.35 on 18 Apr 2023 at 3:28:47 PM. It is -1.22% lower as compared to its previous closing price of 557.15
What Is Aarti Industries’s Debt?
As you can see, at the end of September 2022, Aarti Industries had ₹32.2b of debt, up from ₹19.5b a year ago. Click the image for more detail. However, it does have ₹2.31b in cash offsetting this, leading to net debt of about ₹29.9b.
What Is The Competitive Advantage Of Aarti Industries?
For FY22, the Company received approval for 11 additional patents out of the 44 rights filed. Fascinatingly, Aarti Industries is a global player in benzene derivatives with integrated operations. It ranks in the world’s top 3 for chlorination and nitration and top 2 for hydrogenation.
David Iben said it well when he said: “Hot-bloodedness is not a risk we care about. Our objective is to avoid a permanent capital loss. So it may be evident that you need to consider debt when considering the risk of a particular stock because too much debt can send a business into the abyss. It is important to note that Aarti Industries Limited (NSE: AARTIIND) is leveraged. But the real question is whether this debt makes the business risky.
A Look At NSE: Aartiind Industries’ Liabilities
NSE: Aartiind Based on the latest balance sheet data, we can see that Aarti Industries had liabilities of ₹27.5b due within 12 months and penalties of ₹12.0b due beyond that. Offsetting this, it had ₹2.31b in cash and ₹11.7b in receivables due within 12 months. So it has liabilities totaling ₹25.5b more than its cash and near-term receivables combined.
Given that Aarti Industries has a market capitalization of £195.2 billion, it’s hard to believe that these liabilities pose a significant threat. But there are enough liabilities that we urge shareholders to keep an eye on the balance sheet from now on.
We measure a company’s debt burden against its profitability by dividing its net debt by its earnings before interest, taxes, reduction, and amortization EBITDA and calculating how much its earnings before interest and taxes EBIT cover its interest costs (interest coverage). NSE: Aartiind The benefit of this method is that we consider both the absolute amount of debt (with net debt to EBITDA) and the actual interest expense associated with that debt (with its interest coverage ratio ).
Aarti Industries’ net debt is a very reasonable 2.3x EBITDA, while EBIT only covered 5.9x interest expense last year. While these numbers don’t worry us, it’s worth noting that corporate debt costs have a real impact. It is important to note that Aarti Industries’ EBIT has fallen 38% over the last 12 months. If this revenue trend continues, paying off your debt will be as easy as putting cats on a roller coaster. The balance sheet is visibly the area of motivation when analyzing debt. But primarily future earnings will determine Aarti Industries’ ability to maintain a healthy balance sheet for a long time. So if you’re focused on the future, check out this free analyst earnings forecast report.
FAQs on Aarti Industries
How to Buy Aarti Industries Share?
You can easily buy Aarti Industries shares in Groww by creating a Demat account and verifying the KYC documents online.
What is the Share Price of Aarti Manufacturing?
The share price of any stock is volatile and keeps changing through the day owing to different factors. For example, Aarti Industries’ share price is ₹551.05 as of 20 Apr ’23.
What is the Market Cap of Aarti Businesses?
Market capitalization, short for market cap, is the market value of a publicly traded company’s remaining shares. For example, the market cap of Aarti Industries is ₹19,751 Cr as of 20 Apr ’23.
What is the PE and PB ratio of Aarti Industries?
The training and PB ratios of Aarti Industries are 36.43836 and 3.33945 as of 20 Apr ’23
What is the 52 Week In height and Low of Aarti Industries?
The 52-week high/low is the main and lowest price at which Aarti Industries stock has traded during that period (similar to 1 year) and is considered a technical indicator. The 52-week high and short of Aarti Industries is ₹832.85 and ₹482.40 as of 20 Apr ’23.