Aarti Industries Limited — PPTs, 02-02-2026: Investor Presentation

Aarti Industries delivered a strong Q3 FY26, with consolidated revenue up 22% YoY to Rs. 2,492 Cr. Profit After Tax (PAT) surged 189% YoY to Rs. 104 Cr, and EBITDA grew 37% to Rs. 365 Cr. This growth was boosted by resumed US exports for MMA & PDCB, along with higher volumes across key products. For the nine-month period (9M FY26), revenue climbed 13% to Rs. 6,596 Cr. Margins, however, saw pressure in agro and dyes segments.

The company is actively expanding. Zone-4 projects are advancing, with CaCl2 charging started and MPP commissioning expected in Q4 FY26. PEDA expansion and MMA capacity scale-up to 360 KTPA are also on track. A new strategic distribution deal for PCBTF in North America was also signed.

Management projects FY26 capex around Rs. 1,100 Cr. The outlook includes an EBITDA target of Rs. 1,800-2,200 Cr in three years, aiming for Debt/EBITDA below 2.5x and ROCE over 15%. This will be driven by consistent volume growth and cost optimization.