Aarti Surfactants Limited held its Board of Directors meeting on Saturday, May 09, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The meeting commenced at 11.40 a.m. and concluded at 2.00 p.m. The results were reviewed by the Audit Committee and approved by the board, with statutory auditor Gokhale & Sathe, Chartered Accountants (Firm Registration No. 103264W), issuing an unmodified audit opinion on both standalone and consolidated financial statements. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were subsequently published in Financial Express (English) and Naidunia (Hindi) on May 11, 2026.
Standalone Financial Performance
Aarti Surfactants reported a significant improvement in its standalone revenue from operations for the full year, rising to ₹85,912.92 lakhs from ₹65,908.54 lakhs in the previous year. However, standalone net profit for the year declined to ₹1,267.83 lakhs from ₹1,499.00 lakhs in the prior year. The prior year figure had benefited from exceptional items of ₹420.25 lakhs related to insurance proceeds from a fire incident in March 2022. Total standalone income for the year stood at ₹85,945.93 lakhs against ₹66,256.42 lakhs previously. The following table summarises the key standalone financial metrics:
| Metric: |
Q4 FY26 (Audited) |
Q3 FY26 (Unaudited) |
Q4 FY25 (Audited) |
FY26 (Audited) |
FY25 (Audited) |
| Revenue from Operations (₹ Lakhs): |
25,627.66 |
20,778.73 |
20,205.41 |
85,912.92 |
65,908.54 |
| Total Income (₹ Lakhs): |
25,646.88 |
20,782.79 |
20,319.52 |
85,945.93 |
66,256.42 |
| Total Expenses (₹ Lakhs): |
25,051.24 |
20,265.52 |
18,991.14 |
84,190.35 |
64,561.93 |
| Profit Before Tax (₹ Lakhs): |
595.64 |
517.27 |
1,328.38 |
1,755.58 |
2,114.74 |
| Net Profit (₹ Lakhs): |
426.31 |
372.85 |
983.64 |
1,267.83 |
1,499.00 |
| Total Comprehensive Income (₹ Lakhs): |
437.76 |
366.58 |
962.59 |
1,273.01 |
1,477.95 |
| Basic EPS (₹): |
5.04 |
4.40 |
11.63 |
14.99 |
17.72 |
| Diluted EPS (₹): |
5.03 |
4.40 |
11.62 |
14.96 |
17.71 |
Consolidated Financial Performance
On a consolidated basis, which includes wholly owned subsidiary Aarti HPC Limited, the group reported revenue from operations of ₹85,912.92 lakhs for FY26 versus ₹65,908.54 lakhs in FY25. Consolidated net profit for the year stood at ₹1,234.21 lakhs compared to ₹1,454.47 lakhs in the prior year. Total consolidated income for the year was ₹85,945.93 lakhs against ₹66,256.43 lakhs previously. Key consolidated financial highlights are presented below:
| Metric: |
Q4 FY26 (Audited) |
Q3 FY26 (Unaudited) |
Q4 FY25 (Audited) |
FY26 (Audited) |
FY25 (Audited) |
| Revenue from Operations (₹ Lakhs): |
25,627.66 |
20,778.73 |
20,205.41 |
85,912.92 |
65,908.54 |
| Total Income (₹ Lakhs): |
25,646.88 |
20,782.79 |
20,319.53 |
85,945.93 |
66,256.43 |
| Total Expenses (₹ Lakhs): |
25,059.00 |
20,272.70 |
19,002.77 |
84,223.97 |
64,606.47 |
| Profit Before Tax (₹ Lakhs): |
587.88 |
510.09 |
1,316.76 |
1,721.96 |
2,070.21 |
| Net Profit (₹ Lakhs): |
418.55 |
365.67 |
972.02 |
1,234.21 |
1,454.47 |
| Total Comprehensive Income (₹ Lakhs): |
430.00 |
359.40 |
950.97 |
1,239.39 |
1,433.42 |
| Basic EPS (₹): |
4.95 |
4.32 |
11.50 |
14.59 |
17.20 |
| Diluted EPS (₹): |
4.94 |
4.32 |
11.49 |
14.56 |
17.19 |
Balance Sheet and Key Financial Ratios
The standalone balance sheet as of March 31, 2026, reflects total assets of ₹51,848.07 lakhs against ₹47,865.32 lakhs in the prior year. Total standalone equity stood at ₹24,684.45 lakhs, up from ₹23,420.72 lakhs. On the consolidated basis, total assets were ₹51,665.97 lakhs and total equity was ₹24,492.59 lakhs. The company's standalone debt equity ratio improved to 0.38 for FY26 from 0.48 in FY25, while the current ratio stood at 1.32. The standalone operating margin for FY26 was 5.49% compared to 7.53% in FY25, and the net profit margin stood at 1.48% versus 2.27% previously. Outstanding redeemable preference shares stood at 10,82,387 units valued at ₹2,305.11 lakhs as of March 31, 2026.
| Ratio: |
FY26 (Standalone) |
FY25 (Standalone) |
FY26 (Consolidated) |
FY25 (Consolidated) |
| Debt Equity Ratio: |
0.38 |
0.48 |
0.38 |
0.48 |
| Current Ratio: |
1.32 |
1.35 |
1.32 |
1.35 |
| Total Debt to Total Assets: |
0.20 |
0.23 |
0.20 |
0.23 |
| Operating Margin (%): |
5.49% |
7.53% |
5.48% |
7.50% |
| Net Profit Margin (%): |
1.48% |
2.27% |
1.44% |
2.21% |
| Trade Receivable Turnover Ratio: |
9.43 |
8.86 |
9.43 |
8.86 |
| Inventory Turnover Ratio: |
5.72 |
4.58 |
5.72 |
4.58 |
Cash Flow Highlights
Aarti Surfactants reported a strong improvement in cash generation during FY26. On a standalone basis, net cash flow from operating activities rose sharply to ₹7,678.84 lakhs from ₹1,134.66 lakhs in the prior year, driven by higher cash generated from operations of ₹8,082.66 lakhs versus ₹1,655.38 lakhs previously. Net cash used in investing activities stood at ₹(4,580.04) lakhs, primarily on account of additions to property, plant and equipment and capital work-in-progress of ₹(4,510.08) lakhs. Net cash used in financing activities was ₹(1,949.75) lakhs. As a result, standalone cash and cash equivalents increased to ₹1,221.44 lakhs from ₹72.40 lakhs at the start of the year.
| Cash Flow Item: |
FY26 Standalone (₹ Lakhs) |
FY25 Standalone (₹ Lakhs) |
FY26 Consolidated (₹ Lakhs) |
FY25 Consolidated (₹ Lakhs) |
| Net Cash from Operating Activities: |
7,678.84 |
1,134.66 |
7,664.71 |
1,118.35 |
| Net Cash used in Investing Activities: |
(4,580.04) |
(1,640.59) |
(4,564.95) |
(1,620.86) |
| Net Cash from/(used in) Financing Activities: |
(1,949.75) |
(36.66) |
(1,949.75) |
(36.66) |
| Closing Cash & Cash Equivalents: |
1,221.44 |
72.40 |
1,235.74 |
85.73 |
Dividend and Corporate Decisions
The board recommended a final dividend of Re. 1/- (10%) per equity share of face value Rs. 10/- each for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the board approved the re-appointment of PHS & Associates, Cost Accountant (Firm Registration No. 101038) as Cost Auditor for FY 2026-2027, and Raman S. Shah & Co., Chartered Accountants (Firm Registration No. 111919W) as Internal Auditor for FY 2026-2027. The board also re-constituted the Finance and Investment Committee with the inclusion of Mr. Parimal H. Desai, Non-Executive, Non-Independent Director, as a member with effect from May 09, 2026. The reconstituted committee comprises Nikhil P. Desai (Chairperson), Chandrakant V. Gogri (Member), Santosh M. Kakade (Member), and Parimal H. Desai (Member).
Regulatory Compliance and Publication
In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Aarti Surfactants published the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in Financial Express (English) and Naidunia (Hindi) on May 11, 2026. The published results, along with the audit report, were also submitted to the stock exchanges under Regulations 33 and 52 of the SEBI LODR Regulations, 2015, and are available on the websites of BSE Limited and National Stock Exchange of India Limited, as well as on the company's website. The intimation regarding the newspaper publication was signed by Priyanka Chaurasia, Company Secretary (ICSI M. No. A44258), on behalf of Aarti Surfactants Limited. In accordance with the company's earlier intimation dated March 25, 2026, the trading window remained closed until the expiry of 48 hours after the declaration of the financial results, in compliance with applicable SEBI regulations governing insider trading restrictions. The company operates in a single reporting segment — home and personal care ingredients — as it deals in only one operating segment based on the nature of its products.
| Publication Detail: |
Information |
| Regulation: |
Regulation 47, SEBI (LODR) Regulations, 2015 |
| Publication Date: |
May 11, 2026 |
| English Newspaper: |
Financial Express |
| Hindi Newspaper: |
Naidunia |
| Signed By: |
Priyanka Chaurasia, Company Secretary (ICSI M. No. A44258) |