AARTI group
Aarti Industries Limited is a publicly listed Indian specialty chemicals manufacturer producing 100+ intermediates across agrochemicals, pharmaceuticals, polymers, dyes, fuel additives, and FMCG, serving global enterprise customers in 60+ countries from 16 manufacturing facilities.
- Company typePublic
- Founded1984
- HeadquartersMumbai, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What AARTI group does
Aarti Industries Limited (NSE: AARTIIND) is a publicly listed Indian specialty chemicals manufacturer headquartered in Mumbai, operating 16 multi-purpose manufacturing facilities across India and serving customers in 60+ countries via subsidiaries in the USA, UK, and UAE. The company produces 100+ specialty chemical intermediates across six end-use categories — agrochemicals, pharmaceuticals, polymers, dyes and pigments, fuel additives, and FMCG — and holds the #1 global position in Di Chloro Benzene. Core process chemistry capabilities span nitration, hydrogenation, chlorination, bromination, and fluorination reactions, supported by an integrated R&D-pilot-plant scale-up model with 250+ scientists across two research centers and 17 patent applications.
The business model is anchored in long-term enterprise supply agreements and contract development and manufacturing (CDMO) engagements with global agrochemical, pharmaceutical, and specialty chemical companies, with a secondary consumer-facing fertilizer brand (Aarti Mahasuper) distributed through 400+ dealers and 10,000+ retail points across India. Revenue is largely contracted and recurring in nature, with FY26 consolidated revenue of ₹9,018 crore (12% YoY), EBITDA of ₹1,172 crore (15% YoY), and PAT of ₹419 crore (27% YoY). A flagship $150 million agrochemical supply agreement through March 2030 and a 15-year backward integration partnership for feedstock manufacturing at Dahej SEZ anchor near-term revenue visibility.
The company is family-controlled by the Gogri family, with Rajendra V. Gogri as Chairman and Managing Director and Rashesh C. Gogri as Vice Chairman and Managing Director. Operationally, Aarti runs Zero Liquid Discharge or ZLD-ready plants, sources 24% renewable electrical energy, recovers 94% of waste, and holds top-tier ESG credentials including EcoVadis Platinum (top 1% globally, 87/100), CDP Climate Leadership A, and S&P Global Sustainability Yearbook 98th percentile. Distribution combines direct enterprise sales for the specialty chemicals business with a dealer/retail network for the domestic fertilizer business.
AARTI group firmographics
Firmographics- Name
- AARTI group
- Legal name
- Aarti Industries Limited
- Website
- https://aarti-industries.com
- Company type
- Public
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Aarti Industries Limited is a publicly listed Indian specialty chemicals manufacturer producing 100+ intermediates across agrochemicals, pharmaceuticals, polymers, dyes, fuel additives, and FMCG, serving global enterprise customers in 60+ countries from 16 manufacturing facilities.
- Ownership category
- akta.pro rank
AARTI group industry classification
Industry- Product category
- Specialty Chemicals
- NAICS
- Other Basic Organic Chemical Manufacturing (32519)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Custom Synthesis & Technical Active Ingredient (AI) Manufacturing (intermediates, actives) (AFABAIAI)
Keywords
Where AARTI group is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices12 records
Markets served
AARTI group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Specialty Chemical Intermediates: Revenue from manufacturing and supplying advanced chemical intermediates for agrochemicals, pharmaceuticals, polymers, dyes, pigments, fuel additives, and other specialty applications. Multiple long-term supply agreements with global chemical companies provide revenue visibility.
- CDMO (Contract Development and Manufacturing Operations): End-to-end contract research, development, and manufacturing services for global innovator companies from early-stage product development to commercial-scale production.
- Agrochemical Supply Agreements: Multi-year supply contracts for agrochemical intermediates, including a $150 million agreement through March 2030 with a global agrochemical company.
- Fertilizer Products (Aarti Mahasuper): Production and marketing of fertilizer products including Single Super Phosphate (SSP) grades, distributed through dealer and retail network in India.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
AARTI group product offering
Product offeringCore offering
Aarti Industries Limited manufactures and supplies specialty chemical intermediates (100+ products) for agrochemicals, pharmaceuticals, polymers, dyes and pigments, fuel additives, printing inks, and FMCG applications. The company operates 16 manufacturing facilities in India, ranks #1 globally for Di Chloro Benzene (DCB), and serves 60+ countries. It also offers Contract Development and Manufacturing Operations (CDMO) services and sells crop nutrition fertilizers under the Aarti Mahasuper brand.
Product overview
Aarti Industries Limited (AIL) is a leading speciality chemical manufacturer with 40 years of chemistry expertise, operating as a single unified product portfolio that combines process chemistry expertise with scale-up engineering to deliver advanced intermediates. The core offering includes 100+ speciality chemicals across six main categories: agrochemicals, pharmaceuticals, polymers, dyes & pigments, fuel additives (oil & refinery), and FMCG. The company operates additional business segments including CDMO services for contract development and manufacturing, Strategic Partnership Services for long-term collaborations, R&D and Innovation Services through two dedicated centres with 250+ scientists, and Aarti Mahasuper for crop nutrition products including SSP fertilisers. Aarti Industries ranks #1 globally for Di Chloro Benzene (DCB) and serves customers across 60+ countries through 16 manufacturing facilities in India.
Differentiator
Problem solved
Functional benefit
Brands
- Aarti Mahasuper: Crop nutrition products including SSP fertilizers (GSSP, PSSP, Zn-PSSP, Zn-GSSP, Mahazimbo), UAN Liquid, Magnesium Sulphate, Calcium Nitrate, and Muriate of Potash marketed directly to farmers
- Aarti CDMO
Products and services
- Specialty Chemicals Portfolio (Agrochemical, Pharmaceutical, Polymer, Dyes & Pigments, Fuel Additive Intermediates)
- Di Chloro Benzene (DCB)
- Aarti CDMO (Contract Development and Manufacturing Operations)
- Aarti Mahasuper (Crop Nutrition / Fertilizer Products)
Quantifiable outcome
- Revenue growth of 12% YoY to ₹9,018 Crore in FY26
- +9 more outcomes
Companies that use AARTI group
Customer profileNamed customers4 records
Segments8 records
Ideal customer profiles4 records
AARTI group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
AARTI group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- Global Agrochemical Company (undisclosed)flagshipAarti Industries secured a $150 million multi-year supply contract with a global agrochemical company for crop protection intermediates through March 31, 2030. The agreement will use existing manufacturing capacities with no additional capex required, improving capacity utilization and operational efficiency while strengthening earnings visibility.
- Leading Global Chemical Company (undisclosed)flagshipAarti Industries deepened its long-term partnership with a leading global chemical company through exclusive backward integration. AIL will invest ₹200-250 crore over two years to set up a facility at Dahej SEZ to manufacture a key feedstock in-house, transitioning to an end-to-end manufacturing model over a 15-year agreement period. Expected to enhance EBITDA margins through integration efficiencies.
- ActyliscoreActylis partnered with Aarti Industries Limited to distribute PCBTF solvent across North America. The collaboration combines AIL's manufacturing capabilities with Actylis's regional distribution expertise to enhance supply security and market reach for industrial and specialty applications.
- Global Suppliers in GCC and Southeast Asia (undisclosed)coreAarti Industries secured long-term supply contracts for methanol and toluene feedstocks with global manufacturers from GCC countries and South-East Asia. These contracts cover a substantial portion of AIL's annual feedstock requirements, providing cost visibility, supply predictability, and operational resilience amid evolving global trade dynamics.
Scale indicators24 records
Recent moves7 records
Expansion highlights5 records
AARTI group competitors and assessment
Company assessmentBroad incumbents
- Lanxess AG: German specialty chemicals company with broad portfolio in intermediates, additives, and performance chemicals. Comparable in product category and customer overlap, but operates at significantly larger scale and with a global manufacturing footprint spanning Europe, the Americas, and Asia.
- UPL Limited: One of India's largest agrochemical companies with global footprint, operating across crop protection chemicals, seeds, and post-harvest solutions. While much larger and more downstream than Aarti, it is a key customer and adjacent player in the agrochemical intermediates value chain Aarti serves.
Direct peers
- Atul Limited: Diversified Indian specialty chemicals and intermediates company serving crop protection, pharmaceuticals, dyes, and polymers. Closely comparable in product breadth, customer overlap with global agrochemical and pharma innovators, and Indian manufacturing base.
- Fine Organic Industries: Indian specialty additives and intermediates manufacturer serving polymer, food, cosmetics, and coatings end markets. Comparable mid-scale specialty chemicals profile with B2B customer base and India-centric manufacturing footprint.
- SRF Limited: Indian specialty chemicals manufacturer with overlapping capabilities in fluorochemicals, specialty intermediates, and packaging films. Comparable scale, similar multi-site Indian manufacturing footprint, and serves similar agrochemical, pharmaceutical, and polymer end markets.
- Deepak Nitrite: Indian manufacturer of basic and intermediate chemicals including nitration and hydrogenation products, phenols, and acetone derivatives. Directly overlaps with Aarti's core reaction chemistry capabilities and serves similar downstream specialty chemical customers.
- Navin Fluorine International: Indian specialty chemicals company with deep expertise in fluorination chemistry and CDMO services for pharma and agro customers. Highly comparable in the fluorine-based intermediates domain that Aarti also serves, with overlapping end-customer base.
- PI Industries: Leading Indian agrochemical CDMO serving global innovator companies with custom synthesis and manufacturing of crop protection intermediates. Directly comparable to Aarti's agrochemical intermediates and CDMO franchises, with similar long-term supply contract model.
- Vinati Organics: Indian specialty chemicals manufacturer focused on isobutyl benzene (IBB) and related intermediates with global #1 positions in niche products. Comparable in being an Indian specialty intermediates producer with global market leadership in select chemistries and enterprise customer base.
Regional players
- Tata Chemicals: Indian diversified chemicals company with operations in basic chemicals, specialty products, and crop nutrition (including fertilizers). Comparable in Indian listing status and adjacencies in fertilizers and basic chemicals, though its primary focus differs from Aarti's specialty intermediates.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat7 records
Key risks6 records
Key highlights6 records
Customer concentration
AARTI group social profiles
Digital presenceAARTI group compliance and trust
Trust signalCompliance13 records
AARTI group financial estimates
Financial estimateRevenue estimate
Valuation estimate
AARTI group leadership team
Management profileNumber of profiles
Profiles21 records
AARTI group subsidiaries and ownership
Company hierarchySubsidiaries10 records
AARTI group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AARTI group M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AARTI group
What does AARTI group do?
Aarti Industries Limited manufactures and supplies specialty chemical intermediates (100+ products) for agrochemicals, pharmaceuticals, polymers, dyes and pigments, fuel additives, printing inks, and FMCG applications. The company operates 16 manufacturing facilities in India, ranks #1 globally for Di Chloro Benzene (DCB), and serves 60+ countries. It also offers Contract Development and Manufacturing Operations (CDMO) services and sells crop nutrition fertilizers under the Aarti Mahasuper brand.
Is AARTI group a public or private company?
AARTI group is a public company. It is classified as public and is currently operating.
When was AARTI group founded?
AARTI group was founded in 1984. It employs 5,001 to 10,000 people.
Where is AARTI group based?
AARTI group is headquartered in Mumbai, India, in the Asia region.
How does AARTI group make money?
Four revenue lines are on record. Specialty Chemical Intermediates are the primary driver. The others are CDMO (Contract Development and Manufacturing Operations), agrochemical Supply Agreements and fertilizer Products (Aarti Mahasuper).
Who are AARTI group's main competitors?
Broad incumbents on record are Lanxess AG and UPL Limited. Direct peers are Atul Limited, Fine Organic Industries, SRF Limited, Deepak Nitrite, Navin Fluorine International, PI Industries and Vinati Organics. Tata Chemicals is listed as a regional player.
Does AARTI group have an API?
No public API is recorded for AARTI group.
What industry is AARTI group in?
AARTI group's product category is Specialty Chemicals. Its primary akta.pro industry code is AFABAIAI, Custom Synthesis & Technical Active Ingredient (AI) Manufacturing (intermediates, actives). Its NAICS code is 32519 and its SIC code is 2860.