ARIES

Aries Agro Share Price

₹255.55
-2.1 (-0.82%)
12 October, 2024 05:26 BSE: 532935 NSE: ARIES ISIN: INE298I01015

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Aries Agro Performance

Day Range

  • Low 255
  • High 259
₹ 255

52 Week Range

  • Low 158
  • High 343
₹ 255
  • Open Price255
  • Previous Close258
  • Volume16958

Aries Agro Chart

  • Over 1 Month -10.55%
  • Over 3 Month -11.62%
  • Over 6 Month -5.72%
  • Over 1 Year + 43.41%

Aries Agro Key Statistics

P/E Ratio 15.1
PEG Ratio 0.3
Market Cap Cr 332
Price to Book Ratio 1.3
EPS 16.8
Dividend 0.4
Relative Strength Index 39.66
Money Flow Index 48.4
MACD Signal -6.81
Average True Range 11.14

Aries Agro Investment Rating

  • Master Rating:
  • Aries Agro has an operating revenue of Rs. 544.45 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 5% is okay, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 68 which is a FAIR score but needs to improve its earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 56 indicates it belongs to a fair industry group of Chemicals-Agricultural and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Aries Agro Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13710314415410692
Operating Expenses Qtr Cr 1221051271279492
Operating Profit Qtr Cr 15-21727130
Depreciation Qtr Cr 222222
Interest Qtr Cr 354945
Tax Qtr Cr 3-24531
Net Profit Qtr Cr 8-68136-9
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 514483
Operating Expenses Annual Cr 453423
Operating Profit Annual in Cr 5547
Depreciation Cr 78
Interest Annual Cr 2223
Tax Annual Cr 109
Net Profit Annual Cr 2220
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 7453
Cash from Investing Activity Annual Cr -18-15
Cash from Financing Annual Activity Cr -56-37
Net Cash Flow Annual Cr -11
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 248227
Fixed Assets Annual Cr 7970
Total Non Current Assets Annual Cr 10892
Total Current Assets Annual Cr 384405
Total Assets Annual Cr 491497
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 191175
ROE Annual % 99
ROCE Annual % 1920
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1213
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13510614715710793
Operating Expenses Qtr Cr 1201081301299593
Operating Profit Qtr Cr 15-21728130
Depreciation Qtr Cr 222223
Interest Qtr Cr 354945
Tax Qtr Cr 3-24631
Net Profit Qtr Cr 7-68125-9
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 519481
Operating Expenses Annual Cr 461424
Operating Profit Annual in Cr 5548
Depreciation Cr 88
Interest Annual Cr 2223
Tax Annual Cr 109
Net Profit Annual Cr 1917
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 7755
Cash from Investing Activity Annual Cr -26-16
Cash from Financing Annual Activity Cr -50-37
Net Cash Flow Annual Cr 11
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 260243
Fixed Assets Annual Cr 9875
Total Non Current Assets Annual Cr 161137
Total Current Assets Annual Cr 357382
Total Assets Annual Cr 517520
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 203190
ROE Annual % 77
ROCE Annual % 1717
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1112

Aries Agro Technicals

EMA & SMA

Current Price
₹255.55
-2.1 (-0.82%)
pointer
  • Bullish Moving Average
  • ___
  • 1
  • Bearish Moving Average
  • ___
  • 15
  • 20 Day
  • ₹265.35
  • 50 Day
  • ₹272.54
  • 100 Day
  • ₹269.97
  • 200 Day
  • ₹255.76
  • 20 Day
  • ₹267.22
  • 50 Day
  • ₹279.08
  • 100 Day
  • ₹269.49
  • 200 Day
  • ₹261.84

Aries Agro Resistance and Support

PIVOT
₹256.5
Resistance
First Resistance 258.00
Second Resistance 260.45
Third Resistance 261.95
RSI 39.66
MFI 48.40
MACD Single Line -6.81
MACD -7.68
Support
First Support 254.05
Second Support 252.55
Third Supoort 250.10

Aries Agro Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 18,773 962,867 51.29
Week 50,328 2,436,872 48.42
1 Month 84,786 4,642,874 54.76
6 Month 161,382 6,816,760 42.24

Aries Agro Result Highlights

Aries Agro Synopsis

NSE-Chemicals-Agricultural

Aries Agro Ltd. is involved in the business activities of Manufacture of other fertilizers. Company’s Total Operating Revenue is Rs. 469.88 Cr. and Equity Capital is Rs. 13.00 Cr. for the Year ended 31/03/2023. Aries Agro Ltd. is a Public Limited Listed company incorporated on 27/11/1969 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1969PLC014465 and registration number is 014465.
Market Cap 332
Sales 538
Shares in Float 0.61
No of funds 4
Yield 0.39
Book Value 1.34
U/D Vol ratio 1
LTDebt / Equity 8
Alpha -0.04
Beta 1.81

Aries Agro Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 52.66%52.66%52.66%52.66%
Foreign Portfolio Investors 3.08%3.29%2.38%2.1%
Individual Investors 39.24%38.36%39.43%39.99%
Others 5.02%5.69%5.53%5.25%

Aries Agro Management

Name Designation
Dr. Rahul Mirchandani Chairman & Managing Director
Dr. Jimmy Mirchandani Non Exe.Non Ind.Director
Mrs. Nitya Mirchandani Non Exe.Non Ind.Director
Mr. C B Chhaya Independent Director
Mr. Nrupang B Dholakia Independent Director
Prof. R S S Mani Independent Director

Aries Agro Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Aries Agro Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-29 Audited Results & Final Dividend
2024-02-14 Quarterly Results
2023-11-08 Quarterly Results
2023-08-10 Quarterly Results
Date Purpose Remarks
2024-09-16 FINAL Rs.1.00 per share(10%)Final Dividend
2023-09-22 FINAL Rs.1.00 per share(10%)Final Dividend
2022-09-22 FINAL Rs.0.80 per share(8%)Dividend
2021-09-15 FINAL Recommended Final Dividend of 0.80 per equity share. per share(8%)Dividend

Aries Agro FAQs

What is Share Price of Aries Agro ?

Aries Agro share price is ₹255 As on 12 October, 2024 | 05:12

What is the Market Cap of Aries Agro ?

The Market Cap of Aries Agro is ₹332.3 Cr As on 12 October, 2024 | 05:12

What is the P/E ratio of Aries Agro ?

The P/E ratio of Aries Agro is 15.1 As on 12 October, 2024 | 05:12

What is the PB ratio of Aries Agro ?

The PB ratio of Aries Agro is 1.3 As on 12 October, 2024 | 05:12

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Q2FY23