| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.1K | 25.3% | 29.0% |
| Total Income | 2.1K | 25.1% | 28.7% |
| Expenditure | 2.0K | 23.9% | 26.8% |
| PBT | 93.50 | 123.2% | 174.8% |
| Net Profit | 105.50 | 143.7% | 101.6% |
| OPM | 14.91% | 2.25pp | 23.59pp |
| NPM | 5.02% | 2.44pp | 1.81pp |
| EPS | 2.91 | 144.5% | 102.1% |
Aarti Industries Reports Sequential Growth in Q2 FY26; Focuses on Innovation, Integration and ESG
06 Nov 2025 · 6 Nov 2025, 05:48 pm
Summary
Aarti Industries Limited (AIL), a leading global speciality chemicals company, announced its consolidated financial results for the quarter and half year ended September 30, 2025. Despite headwinds such as new U.S. tariffs and geopolitical uncertainty, AIL delivered sequential growth and maintained its strategic momentum through proactive market diversification, innovation investments, and disciplined execution across key projects.
Key Highlights
- 1
Revenue: ¥ 2250 crore, up 21% QoQ, led by improved volumes across key product categories
- 2
EBITDA: ¥ 292 crore, up 36% QoQ, reflecting higher capacity utilisation and cost optimisation
- 3
PAT: ¥ 105 crore, up 150 % QoQ, driven by better operating leverage and after considering exceptional items
- 4
J CAPEX: ¥ 267 crore for the quarter; FY26 outlay expected below ¥ 1,000 crore
- 5
Agrochemical volumes are recovering in select products, though margins remain under pressure
- 6
Dyes & pigments show muted demand growth
- 7
India’s domestic pharma market is steady, but margins in fluoro products face challenges from Chinese competition
- 8
A potential India-US trade deal could support a recovery in polymer volumes
- 9
Aarti Industries is well-positioned to capitalise on the next phase of global recovery
- 10
The gasoline—naphtha crack remained strong in Q2, supporting blending economics
- 11
US tariffs weighed on volumes and margins, with renegotiations underway to maintain demand
- 12
Strategic efforts continue to expand the MMA customer base and geographic reach amid rising competition from Indian and Chinese players
- 13
The Zone IV Project continues to progress as planned
- 14
A new Multipurpose Plant (MPP) will be commissioned in Q4 FY26
- 15
The Calcium Chloride facility is expected to be commissioned in the coming quarter
- 16
AIL is ready with a new PEDA (2-Phenyl Ethyl Diethyl Aniline) project with a capacity of 4,000 TPA
- 17
Aarti Industries has achieved multi-site Zero Waste to Landfill (ZWL) certification
- 18
AIL expects a steady improvement in operating margins through FY27, supported by new capacity ramp-ups and a diversified global mix
Management Comments
Mr Suyog Kotecha
Executive Director and Chief Executive Officer
This quarter reflected the inherent resilience and agility of our diversified portfolio. Despite US tariff headwinds, our strong customer engagement and proactive regional rebalancing helped us maintain the momentum. We are expanding our footprint in Europe, the Middle East, and Africa while optimising our US strategy to ensure long-term competitiveness. With key capacity additions nearing completion, Aarti Industries is well-positioned to capitalise on the next phase of global recovery. Our focus remains clear: to de-risk operations, accelerate innovation in high-growth chemistries, and maintain strong financial discipline. As trade flows stabilise and demand revives, we anticipate steady margin expansion across our portfolio.
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