About Aarti Industries Limited (AIL)

Aarti Industries Limited (AIL) is a Mumbai-headquartered speciality chemicals company founded in 1984, listed on BSE in 1992 and NSE in 1995, with more than four decades of process chemistry and engineering expertise. It is one of India’s largest producers of benzene-based intermediates and offers over 100 products derived from benzene, aniline, sulphuric acid, toluene and methanol for end use in agrochemicals, dyes and pigments, paints, printing inks, polymer and fuel additives, pharmaceuticals, rubber chemicals and FMCG. AIL operates 16 manufacturing facilities and two R&D centres, serving customers in more than 60 countries, with 700-plus customers in India and over 400 international partners. The company is globally ranked among the top players in chlorination and nitration, top two in hydrogenation, and number one in dichloro benzene, supported by integrated benzene and toluene value chains and long-term customer relationships.

Aarti Industries Limited’s Business Segments

• Operating focus: Integrated speciality chemicals spanning benzene, toluene and sulphuric acid chains, with multipurpose manufacturing and custom/contract offerings (CDMO alliances). Key value chains include Nitro Chloro Benzene, Di-Chloro Benzene, Methyl/Diethyl Aniline, phenylenediamines, nitrotoluene and sulphuric acid.

• Industries served: Agrochemicals, pharmaceuticals, polymers and additives, dyes and pigments, energy, and FMCG/home and personal care.
• Revenue by industry vertical (FY25): Pharmaceuticals – 10%; Dyes & Pigments – 12%; Polymers & Additives – 15%; Agrochemicals – 36%; Energy – 18%; Others – 9%.

Aarti Industries Limited’s Revenue from Geography

• Revenue by geography: FY25 revenue mix was 46% domestic and 54% international, with presence across India, North America, Europe, Rest of Asia, the Middle East and Rest of World.

Aarti Industries Limited Key Management

• Rajendra V. Gogri, Chairman and Managing Director – Leads strategy and governance.

• Rashesh C. Gogri, Vice Chairman and Managing Director – Jointly oversees operations and growth.

• Suyog K. Kotecha, CEO and Executive Director – Appointed June 17, 2024, to drive the next growth phase.

Latest Updates on Aarti Industries Limited

• Strategic partnerships: Formed a 50:50 JV with UPL to manufacture speciality amine derivatives for agrochemicals and dyes; Aarti Circularity Ltd. partnered with Re Sustainability to develop advanced plastic recycling facilities in India.

• Capacity and technology: Scaled NCB capacity to 108 KTPA; increased nitrotoluene to 45 kT; completed MMA expansion to 200 kTPA; commissioned a new pilot plant at Zone IV, Jhagadia; advanced ethylation value chain projects.

• Long-term agreements: Signed two new global long-term contracts in FY24–FY25 to strengthen demand visibility.

• Renewable energy: Commissioned a 13.2 MW hybrid renewable power plant and contracted an additional 27.5 MW. With planned H2 FY26 commercialisation, over 75 per cent of power needs will be met through renewables.

• Recognitions and ratings: Received the Chemexcil Lifetime Achievement honor for Shri Chandrakant V. Gogri and the Chemexcil Trishul Award for Export Excellence; credit ratings stood at CRISIL AA/Stable and A1+, and IND AA/Stable and IND A1+ as of March 31, 2025.