₹74.9
▼ -1.52 -1.99%
17 Jul 2026
NSE Listed
ESM 2Aarey Drugs & Pharm Ltd. (AAREYDRUGS)
20-day avg volume: 24K shares
- Healthy return on equity of 263.8%.
- Company is almost debt-free.
- Revenue fell 14% YoY.
- Stock trades at a high P/E of 139.
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹127 Cr | ₹105 Cr | ₹134 Cr | ₹108 Cr | ₹102 Cr | ₹84 Cr | ₹96 Cr | ₹189 Cr |
| EBITDA | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹2 Cr | ₹3 Cr |
| Net Profit | ₹1 Cr | ₹2 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr |
| EPS | — | — | — | — | — | — | — | — |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹353 Cr | ₹359 Cr | ₹307 Cr | ₹355 Cr | ₹495 Cr | ₹422 Cr | ₹403 Cr | ₹484 Cr |
| EBITDA | ₹10 Cr | ₹11 Cr | ₹9 Cr | ₹11 Cr | ₹12 Cr | ₹9 Cr | ₹10 Cr | ₹11 Cr |
| Net Profit | ₹6 Cr | ₹7 Cr | ₹6 Cr | ₹7 Cr | ₹7 Cr | ₹4 Cr | ₹5 Cr | ₹4 Cr |
| EPS | 2.64 | 2.8 | 2.48 | 2.79 | 2.72 | 1.49 | 10 | 10 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹146 Cr | ₹194 Cr | ₹233 Cr | ₹245 Cr | ₹291 Cr | ₹303 Cr | ₹291 Cr | ₹297 Cr |
| Total Liabilities | ₹59 Cr | ₹102 Cr | ₹134 Cr | ₹132 Cr | ₹174 Cr | ₹171 Cr | ₹152 Cr | ₹147 Cr |
| Equity | ₹87 Cr | ₹92 Cr | ₹99 Cr | ₹114 Cr | ₹117 Cr | ₹133 Cr | ₹138 Cr | ₹150 Cr |
| Total Debt | — | — | — | — | — | — | — | ₹50 Cr |
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | ₹7 Cr | ₹4 Cr | ₹1 Cr | ₹-2 Cr | ₹12 Cr | ₹10 Cr |
| Investing | ₹-3 Cr | ₹-3 Cr | ₹0 Cr | ₹-2 Cr | ₹-6 Cr | ₹-12 Cr |
| Financing | ₹-2 Cr | ₹2 Cr | ₹1 Cr | ₹6 Cr | ₹-4 Cr | ₹2 Cr |
| Free Cash Flow | ₹7 Cr | ₹4 Cr | ₹1 Cr | ₹-2 Cr | ₹12 Cr | ₹-2 Cr |
Healthcare · Drug Manufacturers - Specialty & Generic
Aarey Drugs & Pharmaceuticals Limited manufactures and sells active pharmaceutical ingredients, intermediates, and specialty chemicals for various industrial applications in India. The company offers intermediates, including mono methyl urea, di methyl urea, ortho para nitro anisole, 2-bromomethyl-1,3-dioxolane, and uracil. It also provides active pharmaceutical ingredients, such as metformin HCl, mefenamic acid, and doxofylline. In addition, the company trades chemicals and solvents, including aromatic chemicals, chemical acids, chlor-alkali, glycols and glycol ethers, fiber intermediates, and acetates and esters, as well as industrial alcohols, ketones, amines, oleochemicals, intermediates, olefins, phosphates, fertilizers, monomers, and chemicals. It serves pharmaceutical formulation manufacturers and pharmaceutical merchant exporters. Aarey Drugs & Pharmaceuticals Limited was incorporated in 1990 and is headquartered in Mumbai, India.
www.aareydrugs.com ↗As of 2026-03-31
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 50% | 50% | 50% | 45.3% | 45.3% | 45.4% | 44.8% | 44.8% | 44.8% | 44.8% | 39.1% | 37.7% |
| FIIs | 3.9% | 3.9% | 3.8% | 3.4% | 3.4% | 2.7% | 2.3% | 2.3% | 2% | 1.1% | 3.9% | 4.2% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.6% |
| Public | 46% | 46% | 46.1% | 51.3% | 51.3% | 51.8% | 52.9% | 52.9% | 53.2% | 54.1% | 57.1% | 56.5% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 17,538 | 16,086 | 15,269 | 16,843 | 16,179 | 16,676 | 16,288 | 16,257 | 15,796 | 14,897 | 14,063 | 14,188 |
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
| Name | Category | Stake | Shares |
|---|---|---|---|
| Bina Rajesh Ghatalia | Shareholding of Promoter and Promoter Group | 14.1% | 40,03,584 |
| Mihir Rajesh Ghatalia | Shareholding of Promoter and Promoter Group | 10% | 28,35,888 |
| Nimit Impex | Shareholding of Promoter and Promoter Group | 7.1% | 20,10,000 |
| Nimit Rajesh Ghatalia | Shareholding of Promoter and Promoter Group | 4.1% | 11,50,000 |
| Elysian Wealth Fund | Public Shareholding | 3.1% | 8,85,000 |
| Mira Mihir Ghatalia | Shareholding of Promoter and Promoter Group | 2.4% | 6,90,000 |
| Suvi Rubber Pvt Ltd | Public Shareholding | 2.1% | 6,00,000 |
| Krishnamurthy C G | Public Shareholding | 1.8% | 5,00,000 |
| Shree Salasar Properties And Finance Private Limited | Public Shareholding | 1.6% | 4,59,667 |
| Chetan Kiritbhai Mehta | Public Shareholding | 1.4% | 4,00,000 |
| Richa Bothra | Public Shareholding | 1.3% | 3,56,885 |
| Mvm Commodities Private Limited | Public Shareholding | 1.1% | 3,15,712 |
| Resonance Opportunities Fund | Public Shareholding | 1.1% | 2,99,000 |
| Vijaykumar Babulal Shah | Public Shareholding | 1% | 2,94,950 |
| Rajesh Pranlal Ghatalia | Shareholding of Promoter and Promoter Group | 0% | 2,971 |
| Suraj Tradelinks | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Bina Rajesh Ghatalia | 0 | 0% | 2026-03-31 |
| Mihir Rajesh Ghatalia | 0 | 0% | 2026-03-31 |
| Nimit Rajesh Ghatalia | 0 | 0% | 2026-03-31 |
| Mira Mihir Ghatalia | 0 | 0% | 2026-03-31 |
| Rajesh Pranlal Ghatalia | 0 | 0% | 2026-03-31 |
| Nimit Impex | 0 | 0% | 2026-03-31 |
| Suraj Tradelinks | 0 | 0% | 2026-03-31 |
| Shree Salasar Properties And Finance Private Limited | 0 | 0% | 2026-03-31 |
| Elysian Wealth Fund | 0 | 0% | 2026-03-31 |
| Resonance Opportunities Fund | 0 | 0% | 2026-03-31 |
| Chetan Kiritbhai Mehta | 0 | 0% | 2026-03-31 |
| Krishnamurthy C G | 0 | 0% | 2026-03-31 |
| Name | Designation | Year |
|---|---|---|
| Mihir R Ghatalia | Chairman / Executive Director / Managing Director | 2025 |
| Nimit R Ghatalia | E D & Wholetime Director | 2025 |
| BINA RAJESH GHATALIA | Non-Exec & Non-Independent Dir | 2025 |
| Chetan K Mehta | Independent Non Exe. Director | 2025 |
| Lalit R Tulsiani | Independent Non Exe. Director | 2025 |
| Anil Mandal | Independent Non Exe. Director | 2025 |
| KAILASH CHAND JETHLIA | Company Sec. & Compli. Officer | 2025 |
| Segment | Revenue | Share |
|---|---|---|
| Trading & Manufacturing of Drugs & | ₹0 Cr | — |
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 36 | 28 | 28 |
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 4 | 82 | 105 |
| 2025 | 0 | 0 | 0 | 4 | 82 | 105 |
| 2025 | 0 | 0 | 0 | 0 | 0 | 1 |
7 recent disclosure(s)
📍 E-34 MIDC Tarapur, Boisar, Thane, Maharashtra, 401506
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