Aarti Industries - One-Offs Drag Q4; Strong Visibility To Support Growth: ICICI Direct
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Aarti Industries - One-Offs Drag Q4; Strong Visibility To Support Growth: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Aarti Industries Ltd.’s Q4 FY21 revenues grew 12.4% YoY to Rs 1,209.4 crore amid 14.2% growth in speciality chemicals to Rs 1,123 crore and 8.5% growth in pharma segment to Rs 223.8 crore.

Ebitda margins improved 118 basis points YoY to 21.5%.

Improvement in gross margins by 548 basis points YoY was largely offset by higher other expenditure amid maintenance shutdown and commissioning of new plants.

Ebitda grew 18.9% YoY to Rs 260.3 crore.

Profit after tax grew 23.3% YoY to 136.1 crore amid strong operational performance.

Click on the attachment to read the full report:

ICICI Direct Aarti Industries Q4FY21 Result Update.pdf

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