Why did Aarti Industries fall?

fell about 3 per cent in afternoon trade on Friday after the company said it was carving out its pharma unit as a separate company. The company said it will allocate one share of Aarti Pharmalabs, the newly formed unit, against every four Aarti Industries shares they hold.

Who is owner of Aarti Industries?

Shri Chandrakant Gogri
Shri Chandrakant Gogri He is the founder of Aarti group of industries.

Is Aarti Industries Debt Free?

Aarti Industries has net debt to EBITDA of 2.7 suggesting it uses a fair bit of leverage to boost returns. On the plus side, its EBIT was 8.7 times its interest expense, and its net debt to EBITDA, was quite high, at 2.7. Over the last three years, Aarti Industries saw substantial negative free cash flow, in total.

What is Aarti Industries do?

Aarti Industries Limited (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint. We manufacture chemicals used in the downstream manufacturing of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments and dyes.

Is Aarti Industries share split?

Discover splits history data for Aarti Industries Ltd share. Find the split ratio of ARTI for a selection of dates. The data can be shared or downloaded….ARTI Splits.

Split date Split Ratio
Jan 13, 2006 1/2 Stock Split

Is Aarti Industries a good company?

Good work environment and culture. Teammates are supportive and the management is . transparent Company policies are good. appraisals are fair and they give good salary hike and bonus every year.

Is Aarti Drugs subsidiary of Aarti Industries?

Aarti Drugs Ltd is one of the leading pharmaceutical manufacturers in India. Aarti Drugs Ltd a part of Aarti Group of Industries was incorporated in the year 1984.

Is Aarti Drugs debt free?

What Is Aarti Drugs’s Net Debt? You can click the graphic below for the historical numbers, but it shows that Aarti Drugs had ₹3.29b of debt in September 2020, down from ₹4.39b, one year before. On the flip side, it has ₹229.6m in cash leading to net debt of about ₹3.07b.

Is Deepak Nitrite debt free?

Importantly, Deepak Nitrite Limited (NSE:DEEPAKNI) does carry debt.

Are Aarti Drugs and Aarti Industries related?

Aarti Drugs Ltd is one of the leading pharmaceutical manufacturers in India. The company is engaged manufacturing of pharmaceuticals. Aarti Drugs Ltd a part of Aarti Group of Industries was incorporated in the year 1984.

How many employees are there in Aarti Industries?

Aarti Industries is a leading Indian manufacturer of Speciality Chemicals and Pharmaceuticals with a global footprint. Aarti Industries generated a revenue of INR 4700 Cr plus in FY19 and has 17 manufacturing units with 5200+ employees. Aarti Industries has 2 divisions, Chemical & Pharmaceuticals.

What is the purpose of Aarti Chemical Company?

Around You! At Aarti Industries, our purpose has been to create value and improve lives through sustainable and responsible chemistry — with a vision to emerge as a ‘Global Partner of Choice’ to leading consumers of specialty chemicals and intermediates. We strive to create value for all our stakeholders.

How much does Aarti inds spend on interest?

In the last 16 years, only 2.81 % trading sessions saw intraday declines higher than 5 % . Company has spent 2.98% of its operating revenues towards interest expenses and 7.29% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

What is the holistic approach of Aarti Industries?

Aarti Industries takes a holistic approach towards sustainability, optimizing the use of available resources such as raw materials, utilities, human resources, etc. Aarti constantly works towards minimizing its environmental footprint through this approach.