Aries Agro LimitedQ1 FY27 Results & Financial Update
Aries Agro Limited: Q1 FY27 consolidated results and company financials – revenue ₹185.86 Cr, PAT ₹14.85 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Aries Agro price & chart
Quarter overview
Quarterly earnings analysis
Aries Agro Limited reported consolidated revenue from operations of INR 185.86 crore for the first quarter ended June 30, 2026, alongside total income of INR 187.58 crore including other operating income.
The company generated a profit before tax (PBT) of INR 19.62 crore for the quarter, recovering from sequential pressures observed in the preceding quarter ended March 31, 2026.
Consolidated net profit (PAT) for the quarter stood at INR 14.85 crore, translating to a basic and diluted earnings per share (EPS) of INR 11.47.
Total expenses for the quarter were recorded at INR 167.96 crore, encompassing material consumption, employee benefit expenses, finance costs, and manufacturing overheads.
Finance costs for the quarter stood at INR 4.83 crore, while depreciation and amortization expenses were reported at INR 2.66 crore.
Management noted that because the company's business is directly tied to micronutrient fertilizers and plant nutrient solutions, performance is inherently sensitive to cropping patterns, seasonality, and erratic weather conditions, making quarterly numbers non-representative of full-year performance.
Profit after tax was ₹14.85 Cr for the reported quarter. EPS was ₹11.47 for the reported quarter.
01 · Business model
What does Aries Agro do?
Aries Agro Limited specializes in the manufacturing and distribution of micronutrient fertilizers and bespoke plant nutrient solutions designed to correct soil deficiencies and improve crop yields.
The company's primary revenue engine stems from specialty plant nutrition products, chelated micronutrients, and allied agricultural inputs that are marketed across domestic agricultural regions and select international markets.
Its operational model depends heavily on seasonal cropping cycles across India and global agricultural zones, meaning that demand patterns fluctuate based on weather conditions, monsoon timeliness, and localized rainfall distribution.
To support its manufacturing and distribution footprint, the company maintains subsidiaries such as Aries Agro Equipments Private Limited, Mirabelle Agro Manufacturing Private Limited, and Golden Harvest Middle East FZC, alongside an associate interest in Amarak Chemicals FZC.
02 · Historical context
What shaped the business before this quarter
Aries Agro Limited has operated since 1969, building a multi-decade operational history in specialty plant nutrition.
The company established and maintains three active subsidiaries—Aries Agro Equipments Private Limited, Mirabelle Agro Manufacturing Private Limited, and Golden Harvest Middle East FZC—alongside an associate company, Amarak Chemicals FZC.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹185.86 Cr |
| Total income | ₹187.58 Cr |
| Profit before tax | ₹19.62 Cr |
| Profit after tax | ₹14.85 Cr |
| EPS | ₹11.47 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 8.0% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 10.6% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹1.73 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Recorded consolidated revenue from operations of INR 185.86 crore after accounting for discounts and rebates of INR 51.20 crore.
Contributed an additional INR 1.73 crore, bringing total income from operations to INR 187.58 crore.
What drove margins
Consumption of materials and rebranded goods totaled INR 49.37 crore for the quarter.
Cost of products traded accounted for INR 46.27 crore during the period.
Employee benefit expenses stood at INR 20.61 crore for the quarter.
Selling and distribution expenses represented a major operational overhead at INR 26.94 crore.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company confirmed that its business activity falls within a single primary business segment related to micronutrient fertilizers and plant nutrient solutions, making segment reporting under Ind AS 108 inapplicable.
Geography and market mix
Consolidated financial results incorporate domestic entities as well as overseas operations through Golden Harvest Middle East FZC based in the United Arab Emirates.
06 · Strategy & new businesses
How the company is trying to change its growth mix
The Board approved the re-appointment of Dr. Rahul Mirchandani as Managing Director for a five-year term effective April 1, 2027, subject to member approval at the upcoming Annual General Meeting.
Mr. Nrupang Bhumitra Dholakia was re-appointed as an Independent Director for a second consecutive term of five years effective March 15, 2027.
07 · Reported developments
What changed operationally
The company delivered a positive consolidated net profit of INR 14.85 crore for Q1 FY27, backed by stable top-line generation.
08 · Beyond the numbers
What changed beyond the numbers
Dividend and AGM Schedule
The Annual General Meeting has been scheduled for September 29, 2026, with the record date for dividend entitlement set for September 22, 2026, and payment scheduled on or before October 23, 2026.
09 · Key Q&A
The quarter, answered directly
What does Aries Agro do?
Aries Agro Limited specializes in the manufacturing and distribution of micronutrient fertilizers and bespoke plant nutrient solutions designed to correct soil deficiencies and improve crop yields.
What is the clearest takeaway from Q1 FY27?
Aries Agro Limited reported consolidated revenue from operations of INR 185.86 crore for the first quarter ended June 30, 2026, alongside total income of INR 187.58 crore including other operating income.
What drove revenue or demand?
Recorded consolidated revenue from operations of INR 185.86 crore after accounting for discounts and rebates of INR 51.20 crore.
What mattered most for margins or profitability?
Consumption of materials and rebranded goods totaled INR 49.37 crore for the quarter.
What changed operationally beyond the headline numbers?
The Board approved the re-appointment of Dr. Rahul Mirchandani as Managing Director for a five-year term effective April 1, 2027, subject to member approval at the upcoming Annual General Meeting.
What should the next disclosure help confirm?
Upcoming AGM scheduled for Tuesday, September 29, 2026.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Annual General Meeting: Upcoming AGM scheduled for Tuesday, September 29, 2026.
- 02
Dividend Payout: Payment of dividend for 2025-26 on or before Friday, October 23, 2026, following the record date of September 22, 2026.
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