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Aarey Drugs & Pharmaceuticals Ltd (AAREYDRUGS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524412 NSE: AAREYDRUGS Trading | Small Cap | Aarey Drugs & Pharma Share Price

₹78.50 0.00 (0.00%)

As on 04-Jun'26 16:59

Aarey Drugs & Pharmaceuticals Ltd (AAREYDRUGS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524412 NSE: AAREYDRUGS Trading | Small Cap | Aarey Drugs & Pharma Share Price

₹78.50 0.00 (0.00%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹223 Cr.
Current Price
₹78.5
52-Week Low / High
₹49 / 100
TTM EPS
₹1.4
TTM Sales
₹472 Cr.
Book Value per Share
₹51.3
P/E Ratio
56.09
Higher than its 5-year historical median
Industry PE
36
Price to Book (P/B)
1.53
Higher than its 5-year historical median
Price to Sales (P/S)
0.47
Higher than its 5-year historical median
EV/EBITDA
20.43
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
3.02%
Outperforms industry median
Return on Capital Employed (ROCE)
6.38%
Outperforms industry median
Return on Assets (ROA)
1.36%
Operating Profit Margin
0.6%
Net Profit Margin
0.85%
Gross Profit Margin
1.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
19.19%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-55.25%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-14.1%
Asset Quality
Promoter Holding
37.71%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹117 Cr.
Equity
₹28.4 Cr.
Face Value
₹10
All Time Low / High
₹0.50 / 143.95

Aarey Drugs & Pharmaceuticals stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Aarey Drugs & Pharmaceuticals Ltd a good quality company?
Aarey Drugs & Pharmaceuticals Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Aarey Drugs & Pharmaceuticals Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Aarey Drugs & Pharmaceuticals Ltd vs industry peers?
Aarey Drugs & Pharmaceuticals Ltd revenue CAGR is 9.57%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Aarey Drugs & Pharmaceuticals Ltd?
Promoters hold 37.71% of the Aarey Drugs & Pharmaceuticals Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Aarey Drugs & Pharmaceuticals Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 6.2% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Aarey Drugs & Pharmaceuticals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7.2%22.2%14.1%12.1%8.5%9.5%9.9%6.3%6.1%6.4%-
Value Creation
Index
-0.50.60.0-0.1-0.4-0.3-0.3-0.6-0.6-0.5-

Growth Parameters

Sales 246396349355300348493419398474472
Sales YoY Gr.-60.9%-12%1.7%-15.4%16.1%41.4%-15%-5.1%19.2%-
Adj EPS 0.832.62.82.52.82.61.61.71.41.4
YoY Gr.-297.4%-15.6%9.4%-11.1%12.1%-7.6%-37.4%3.7%-16.2%-
BVPS (₹) 21.826.633.33638.541.343.945.346.547.851.3
Adj Net
Profit
1.35.566.55.86.56.54.14.744
Cash Flow from Ops. 5.70.6-20.40.72.95.50.5-1.3-310.3-
Debt/CF from Ops. 2.616.6-0.223.56.33.328.4-29.4-10.53.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.6%9.6%-1.3%19.2%
Adj EPS 7%-10.8%-18.3%-16.2%
BVPS9.1%4.4%2.9%2.9%
Share Price 4.5% 18.1% 35.9% 48.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3.512.79.27.86.56.86.13.53.82.92.8
Op. Profit
Mgn %
0.42.42.22.21.11.32.321.60.61.5
Net Profit
Mgn %
0.51.41.71.81.91.91.311.20.80.8
Debt to
Equity
0.40.200.20.20.20.10.30.20.30
Working Cap
Days
166112148147191209166221259215100
Cash Conv.
Cycle
36246374543858836544

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales246396349355300348493419398474
Operating Expenses + 245386341347297344481411391471
Manufacturing Costs100225981110
Material Costs242383337341290334466398375454
Employee Cost 0000001111
Other Costs 2333546546
Operating Profit 110883511863
Operating Profit Margin (%) 0.4%2.4%2.2%2.2%1.1%1.3%2.3%1.8%1.6%0.6%
Other Income + 33347733510
Exceptional Items 0000000000
Interest 2422222345
Depreciation 1111112222
Profit Before Tax 28897810656
Tax 1322123212
Profit After Tax 1567677454
PAT Margin (%) 0.5%1.4%1.8%1.8%1.9%1.9%1.3%0.9%1.2%0.9%
Adjusted EPS (₹)0.83.02.62.82.52.82.61.51.71.4
Dividend Payout Ratio (%)0%0%0%3.60%0%0%0%0%0%0%

Valuation of Aarey Drugs & Pharma - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 374878849097111115130136
Share Capital 17182323232325252828
Reserves 2030556167738690102108
Debt +1510316181814383135
Long Term Debt0000003432
Short Term Debt1410316181811332833
Minority Interest0000000000
Trade Payables7275783778110110127129103
Others Liabilities 291188810111317
Total Liabilities 125142170146194233245291303291

Fixed Assets

Net Fixed Assets +8121212121414141316
Gross Block19242526273032333440
Accumulated Depreciation11121314151618192124
CWIP 0000000000
Investments 0000000012
Inventories251521171814293545
Trade Receivables72829510696162136190184133
Cash Equivalents 2130110121
Others Assets 4142446683780586892
Total Assets 125142170146194233245291303291

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 61-201350-1-310
PBT 28897810656
Adjustment 2533334457
Changes in Working Capital 1-10-29-9-6-5-10-9-12-1
Tax Paid 0-2-3-2-2-2-4-2-1-2
Cash Flow From Investing Activity + -3-5-1-1-1-3-30-2-6
Capex -3-5-1-1-1-3-2-1-1-5
Net Investments 0-00000-11-1-1
Others 0-000000000
Cash Flow From Financing Activity + -2423-2-2-2216-4
Net Proceeds from Shares 072400080112
Net Proceeds from Borrowing 0-00000-44-1-2
Interest Paid -2-4-2-2-2-2-2-3-4-5
Dividend Paid 000-0000000
Others 012-0-0-00-010
Net Cash Flow 1-12-300-011-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.5812.99.88.076.656.986.313.333.823.02
ROCE (%)7.2322.2114.1412.058.489.469.876.286.096.38
Asset Turnover Ratio2.052.962.242.251.771.632.061.561.341.6
PAT to CFO Conversion(x)60.2-3.330.140.50.710-0.25-0.62.5
Working Capital Days
Receivable Days103.3071.1092.60103.40122.80135.20110.50142171.80122.40
Inventory Days4.603.4010.4018.5023.3018.6011.9018.5029.1030.90
Payable Days104.9069.8082.3061.5072.30102.6086.10108.80124.6093.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Aarey Drugs & Pharmaceuticals Ltd FAQs

The current trading price of Aarey Drugs & Pharma on 04-Jun-2026 16:59 is ₹78.50.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Aarey Drugs & Pharma stood at ₹222.6 Cr

The latest P/E ratio of Aarey Drugs & Pharma as of 03-Jun-2026 is 56.09.

The latest P/B ratio of Aarey Drugs & Pharma as of 03-Jun-2026 is 1.53.

The 52-week high of Aarey Drugs & Pharma is ₹100.0 and the 52-week low is ₹49.01.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aarey Drugs & Pharma is ₹472 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Aarey Drugs & Pharmaceuticals Ltd is a below average quality company.

The key valuation ratios of Aarey Drugs & Pharmaceuticals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Aarey Drugs & Pharmaceuticals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Aarey Drugs & Pharmaceuticals Ltd

Aarey Drugs & Pharmaceuticals Ltd. was established in 1990. The company is engaged in the manufacturing of drugs and intermediates such as metronidazole, metronidazole benzoate, methyl, and nitro imidazole. The company is based in Thane, India.

The  company also export its products to various other countries like Germany, Sri Lanka, Pakistan, Nepal and a number of African countries and is looking to establish its trade relations in other parts of the world as well.

Product range of the company includes: API/Intermediate

  • Metronidazol
  • Metronidazole Benzoate
  • 2 Methyl -5-Nitro Imidazole

Drug deliveryPharmaceuticals / Therapeutics

Therapeutic targets of the company's products are:

  • Allergy
  • Dermatology
  • Infectious Diseases

Recent development

Aarey Drugs & Pharmaceuticals  has recently informed that  Atul A Zatakia has resigned from the Company as a Director with effect from March 01, 2009.  

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