Aries Agro Ltd was originally incorporated as Aries Agro-Vet Industries Private Limited on 27th November 1969. It was converted into a Public Limited Company as Aries Agro-Vet Industries Limited on 30th December 1994 and subsequently changed its name to Aries Agro Limited on 27th October 2006. Founded by Dr. T. B. Mirchandani and Mrs. Bala Mirchandani, the company was established with the vision of providing high-quality nutritional products for agricultural and animal health applications.
Aries Agro Ltd. engages in the manufacture and trading of micronutrients fertilizer. It offers multi-micronutrient fertilizers, chelated micronutrient fertilizers, value-added secondary nutrient fertilizers, water-soluble NPK fertilizers, and other natural and biological products and water treatment formulations. The company has positioned itself as a market leader in India's micronutrients sector, having introduced chelation technology for manufacturing micronutrients in India and holding a leading market position in this segment.
Aries Agro Ltd has demonstrated a strong growth trajectory, particularly in its profitability. For the year ended March 2025, sales rose 20.48% to Rs 622.22 crore, up from Rs 516.46 crore in the previous year. Net profit saw a significant increase of 75.09%, reaching Rs 34.02 crore for the full year ended March 2025, compared to Rs 19.43 crore in FY2024.
While the company reported a net loss of Rs 3.69 crore in the fourth quarter of FY25 (ended March 2025), this was an improvement from the net loss of Rs 5.62 crore in the corresponding quarter of the previous year. The company's market capitalization stood at ₹486 Crore as of July 2025.
The company has delivered good profit growth with a CAGR of 29.5% over the last five years. Its strong fundamentals are reflected in consistent revenue growth and an expanding market presence.
- Annual Performance (FY2025 vs FY2024):
- Sales: Rs 622.22 crore (FY2025) vs Rs 516.46 crore (FY2024) - +20.48%
- Net Profit: Rs 34.02 crore (FY2025) vs Rs 19.43 crore (FY2024) - +75.09%
- Quarterly Performance (Q4 FY2025 vs Q4 FY2024):
- Sales: Rs 127.02 crore (Q4 FY2025) vs Rs 105.79 crore (Q4 FY2024) - +20.07%
- Net Profit/Loss: Rs -3.69 crore (Q4 FY2025) vs Rs -5.62 crore (Q4 FY2024)
- Market Capitalization: ₹486 Crore (as of July 2025)
- Valuation Ratios: P/E ratio: 12.84, P/B ratio: 1.65
- Promoter Holding: 52.66% (as of March 2025)
- Listing Date: 11 January 2008
Aries Agro operates through a diversified product portfolio serving multiple segments of the agricultural value chain. The company manufactures micronutrients and other customized nutritional products for plants and animals. It began by manufacturing a small range of mineral feed additives for animals and birds, later diversifying into mineral additives for agricultural use.
Through in-house R&D, the company ventured into Agrochemicals in 1975 with the introduction of Chelated Micronutrients. It pioneered the concept of Chelates in India with the launch of "Agromin", a micronutrient fertilizer, in 1975, followed by "Chelamin" (chelated zinc) in 1976. Agromin and Chelamin are the company's flagship brands.
The product range has expanded significantly. In 1975, it diversified into Agrochemicals with Chelated Micronutrients and Plantomycin (a bactericide), followed by plant hormones. In 2001, it included secondary nutrients (Sulphur, Magnesium, and Calcium), and in 2002, it added value-added water-soluble complexes of Nitrogen (N), Phosphorus (P), and Potassium (K).
The company currently offers 134 brands customized based on crop and agro-climatic requirements, including 21 organically certified products.
Headquartered in Mumbai, Aries Agro produces Agromin Chelated Micronutrients and Chelamin Chelated Zinc at four manufacturing plants located in Mumbai, Hyderabad, Bangalore, and Kolkata. These facilities have a combined installed capacity of 21,600 tonnes per annum. This geographically distributed manufacturing base enables Aries Agro to efficiently serve customers across India while maintaining quality standards.
Aries Agro Ltd (NSE: ARIES) is classified as a Small Cap company. The stock has delivered a return of 46.2% in the last 3 years. It has experienced significant volatility, with a 52-week high of ₹398.40 and a 52-week low of ₹220.11. The stock reached its all-time high of ₹406.95 on December 13, 2024.
The company operates under professional management, with Chairperson Rahul Mirchandani continuing the family legacy. The registered office is located at Aries House, Plot No 24, Deonar Govandi (East), Mumbai, Maharashtra - 400043.
Recent corporate developments include the Board's recommendation of a dividend for 2024-25 at their meeting on May 22, 2025. Aries Agro's Annual Secretarial Compliance Report confirms full regulatory compliance for FY 2024-25.
Aries Agro Ltd. belongs to the Materials sector, specifically the Fertilizers & Agro Chemicals sub-sector. The agricultural sector's increasing focus on crop yield enhancement and sustainable farming practices positions Aries Agro favorably for continued growth. With India's rising emphasis on food security and agricultural productivity, the demand for specialized micronutrients and fertilizers is expected to remain robust. The company's established brand presence, diverse product portfolio, and multi-location manufacturing capabilities provide a solid foundation for capitalizing on these market opportunities.
