Aries Agro Ltd Share Price ₹336 | P/E 11.0

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Aries Agro Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	133	93	107	158	147	107	135	194	170	128	161	204	202
Expenses +	118	93	95	129	130	108	120	159	149	127	139	166	174
Operating Profit	15	-0	13	29	17	-1	15	34	22	1	22	38	29
OPM %	11%	-0%	12%	19%	12%	-1%	11%	18%	13%	1%	14%	19%	14%
Other Income +	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest	6	5	4	9	4	5	3	8	5	3	5	8	2
Depreciation	2	3	2	2	2	2	2	2	2	3	2	3	3
Profit before tax	7	-8	7	18	11	-8	11	24	15	-5	14	28	24
Tax %	28%	18%	36%	31%	32%	-23%	32%	22%	22%	-20%	31%	29%	27%
Net Profit +	5	-10	5	12	8	-6	7	19	11	-4	10	20	17
EPS in Rs	3.94	-7.21	3.65	9.60	6.01	-4.32	5.59	14.51	8.90	-2.84	7.71	15.39	13.26

Financials of Aries Agro Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	279	278	263	253	291	265	296	381	432	472	516	622	696
Expenses +	221	223	216	210	245	222	254	325	386	424	461	554	606
Operating Profit	58	55	46	42	46	44	42	57	47	48	55	68	90
OPM %	21%	20%	18%	17%	16%	16%	14%	15%	11%	10%	11%	11%	13%
Other Income +	1	1	1	-0	2	3	5	0	4	9	3	5	0
Interest	25	24	25	23	29	29	26	26	24	23	22	19	17
Depreciation	9	10	11	7	2	2	5	6	6	8	8	9	11
Profit before tax	25	22	12	12	17	16	16	25	20	25	28	44	62
Tax %	26%	13%	33%	54%	46%	50%	46%	30%	36%	37%	35%	25%
Net Profit +	19	19	8	5	9	8	8	16	12	16	18	33	43
EPS in Rs	12.50	12.96	5.56	5.43	8.06	7.60	7.49	13.81	10.22	13.17	14.94	26.16	33.52
Dividend Payout %	16%	15%	27%	37%	29%	24%	7%	6%	8%	8%	7%	5%

Financials of Aries Agro Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	13	13	13	13	13	13	13	13	13	13	13	13	13
Reserves	164	165	159	162	170	176	181	198	211	230	247	277	307
Borrowings +	178	167	167	137	171	172	150	143	112	100	74	49	67
Other Liabilities +	93	99	109	137	123	133	143	148	173	177	184	243	272
Total Liabilities	448	444	448	450	477	494	487	501	509	520	518	581	658
Fixed Assets +	100	87	87	71	88	95	48	55	68	75	96	110	114
CWIP	11	9	16	22	14	15	12	13	0	0	2	10	21
Investments	2	2	2	0	0	0	59	57	57	62	63	67	106
Other Assets +	335	345	342	357	376	384	368	376	384	382	357	395	417
Total Assets	448	444	448	450	477	494	487	501	509	520	518	581	658

Financials of Aries Agro Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	31	38	34	48	14	44	59	56	69	54	77	105
Cash from Investing Activity +	2	-11	-25	13	-2	-10	-41	-14	-13	-16	-26	-34
Cash from Financing Activity +	-41	-31	-9	-59	-12	-36	-21	-43	-56	-37	-50	-45
Net Cash Flow	-8	-4	-0	2	0	-2	-4	-0	0	1	1	26
Free Cash Flow	32	32	20	47	4	36	46	42	63	39	46	74
CFO/OP	65%	80%	81%	128%	46%	120%	155%	111%	162%	126%	155%	170%

Financials of Aries Agro Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	173	172	164	206	228	256	143	118	100	91	80	69
Inventory Days	387	394	412	518	363	478	466	271	234	210	177	150
Days Payable	117	110	84	128	165	207	197	101	111	90	66	60
Cash Conversion Cycle	443	457	493	596	426	526	412	288	224	212	191	159
Working Capital Days	139	164	162	186	150	156	130	108	109	108	97	74
ROCE %	14%	12%	10%	10%	12%	12%	12%	14%	13%	14%	15%	18%