---
title: "Aroma Enterprises (India) Ltd (531560) — Share Price, Financials & Analysis"
symbol: "531560"
company: "Aroma Enterprises (India) Ltd"
canonical: "https://tapetide.com/stocks/531560"
isin: "INE371M01012"
bse_code: "531560"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T11:00:47.292Z"
---

# Aroma Enterprises (India) Ltd (531560)

Canonical page: https://tapetide.com/stocks/531560

## Company

- **BSE Code:** 531560
- **ISIN:** INE371M01012
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2011-09-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** aromaenterprises.in

## About

Incorporated in 1994, Aroma Enterprises 
 Ltd does trading of Cigarettes and 
other commodities and products and are 
also engaged in the business as commission agents[1]

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Contingent liabilities of Rs.56.7 Cr.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -111% | 25% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1.56 | 0.56 | 0.63 | 0.55 | 0.28 | 0.09 | 0.05 | 0.05 | 0.04 | 0.01 | 0 | 0 |
| Operating Profit | -1.56 | -0.56 | -0.63 | -0.55 | -0.28 | -0.09 | -0.05 | -0.05 | -0.04 | -0.01 | 0 | 0 |
| Other Income | 2.38 | 0.37 | 0.36 | 0.36 | 0.36 | 0.39 | 0.4 | 0.4 | 0 | 0 | 0 | 0 |
| Interest | 0.01 | 0 | 0.02 | 0.01 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.78 | -0.21 | -0.31 | -0.22 | 0.07 | 0.29 | 0.34 | 0.34 | -0.05 | -0.02 | -0.01 | -0.01 |
| Tax % | 0 | 0 | -3.23 | 4.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.79 | -0.21 | -0.3 | -0.22 | 0.07 | 0.28 | 0.33 | 0.34 | -0.06 | -0.03 | -0.01 | -0.01 |
| EPS in Rs | 1.62 | -0.43 | -0.61 | -0.45 | 0.14 | 0.57 | 0.68 | 0.7 | -0.12 | -0.06 | -0.02 | -0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.72 | 25.07 | 38.15 | 40.05 | 34.94 | 7.09 | 0 | 0 | 0 | 0 |
| Expenses | 1.01 | 24.38 | 46.9 | 36.44 | 34.02 | 12.82 | 3.4 | 2.02 | 0.23 | 0.05 |
| Operating Profit | 0.71 | 0.69 | -8.75 | 3.61 | 0.92 | -5.73 | -3.4 | -2.02 | -0.23 | -0.05 |
| OPM % | 41.28 | 2.75 | -22.94 | 9.01 | 2.63 | -80.82 | — | — | — | — |
| Other Income | 0 | 0.14 | 3.11 | -0.24 | -0.13 | 1.43 | 3.5 | 1.45 | 0 | 0 |
| Interest | 0.19 | 0.1 | 0.26 | 0.84 | 0.28 | 0.21 | 0.18 | 0.03 | 0 | 0 |
| Depreciation | 0.02 | 0.12 | 0.12 | 0.14 | 0.24 | 0.16 | 0.11 | 0.08 | 0.05 | 0.04 |
| Profit before tax | 0.5 | 0.61 | -6.02 | 2.39 | 0.27 | -4.67 | -0.19 | -0.68 | -0.28 | -0.09 |
| Tax % | 40 | 19.67 | 8.31 | 20.5 | 40.74 | -0.43 | -5.26 | 0 | 0 | — |
| Net Profit | 0.3 | 0.49 | -6.52 | 1.9 | 0.16 | -4.66 | -0.18 | -0.67 | -0.29 | -0.11 |
| EPS in Rs | 0.61 | 1 | -13.36 | 3.89 | 0.33 | -9.55 | -0.37 | -1.37 | -0.59 | -0.22 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 |
| Reserves | 3.1 | 3.59 | -2.94 | -1.04 | -0.88 | -5.54 | -5.72 | -6.39 | -6.68 | -6.72 |
| Borrowings | 0.12 | 0.19 | 3.99 | 5.94 | 5.42 | 5.93 | 5.83 | 7.07 | 5.95 | 6.33 |
| Other Liabilities | 0.94 | 7.81 | 18.57 | 8.69 | 27.57 | 28.51 | 25.87 | 26.63 | 24.94 | 24.58 |
| Total Liabilities | 9.1 | 16.53 | 24.56 | 18.53 | 37.05 | 33.84 | 30.92 | 32.25 | 29.15 | 29.13 |
| Fixed Assets | 0.17 | 0.31 | 0.26 | 0.75 | 0.52 | 0.37 | 0.26 | 0.18 | 0.13 | 0.11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8.93 | 16.22 | 24.3 | 17.78 | 36.53 | 33.47 | 30.66 | 32.07 | 29.02 | 29.02 |
| Total Assets | 9.1 | 16.53 | 24.56 | 18.53 | 37.05 | 33.84 | 30.92 | 32.25 | 29.15 | 29.13 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.64 | 0.59 | 0.56 | -2.05 | 3.33 | -0.11 | -1.81 | -0.98 | -2.76 | 1.12 |
| Cash from Investing Activity | 0.64 | 0.56 | -0.78 | -0.01 | -0.62 | -0.01 | 1.42 | 1.46 | 1.45 | 0 |
| Cash from Financing Activity | 0.01 | -0.62 | -0.06 | 3.51 | -4.34 | 0.17 | 0.43 | -0.13 | 1.23 | -1.12 |
| Net Cash Flow | 0.01 | 0.53 | -0.29 | 1.45 | -1.63 | 0.05 | 0.05 | 0.36 | -0.07 | 0 |
| Free Cash Flow | -0.64 | 0.4 | 0.56 | -2.12 | 2.7 | -0.12 | -1.82 | -0.98 | -2.76 | 1.12 |
| CFO/OP | 1125 | 104 | 104 | 15 | 92 | 41 | 29 | 29 | 137 | -487 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 25.47 | 33.05 | 36.74 | 29.35 | 37.19 | 207.98 | — | — | — |
| Inventory Days | — | 963.6 | 105.91 | 82.21 | 66.56 | 15.84 | 96.42 | — | — | — |
| Days Payable | — | 438 | 30.2 | 43.16 | 15.52 | 186.84 | 387.04 | — | — | — |
| Cash Conversion Cycle | — | 551.07 | 108.76 | 75.79 | 80.39 | -133.81 | -82.64 | — | — | — |
| Working Capital Days | — | -27.59 | 25.19 | 27.55 | 25.34 | 33.53 | -76.19 | — | — | — |
| ROCE % | 7.98 | 8.61 | 8.41 | -91.91 | 44.09 | 7.04 | -60.23 | -39.31 | -12.18 | -5.7 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% |
| Public | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.82% |
| No. of Shareholders | 426 | 400 | 404 | 408 | 406 | 441 | 467 |

### Quarterly

| Category | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% | 69.19% |
| Public | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.81% | 30.82% | 30.82% |
| No. of Shareholders | 410 | 408 | 408 | 406 | 405 | 405 | 413 | 441 | 461 | 465 | 466 | 467 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 2 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 29.2 | Sell |
| EMA (10) | 28.87 | Sell |
| SMA (20) | 29.36 | Sell |
| EMA (20) | 28.69 | Sell |
| SMA (50) | 25.94 | Buy |
| EMA (50) | 26.45 | Buy |
| SMA (100) | 22.49 | Buy |
| EMA (100) | 24.8 | Buy |
| SMA (200) | 26.25 | Buy |
| EMA (200) | 24.4 | Buy |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.82 | Neutral |
| MACD (12,26,9) | 0.64 | Sell |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 25.08 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.51 | Neutral |
| ROC (12) | -6.67 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 16.15 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/abea6201-d24b-44e4-b2c9-88a8bcc89c5a.pdf) |
| 2026-02-20 | [Disclosure Of ESG Rating](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d8d8e24-8dc9-4694-8b4b-de36609c02b9.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f705572-63fa-4e36-a4dc-718e531f4167.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b590dff-04e0-4665-8ba4-9ba57de03403.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41c1840f-083a-4dad-b9b4-4eb3501d0116.pdf) |
| 2026-02-12 | [General Updates](https://www.bseindia.com/xml-data/corpfiling/AttachHis/260bf071-78e0-4c27-9d71-64e7937c9e29.pdf) |
| 2026-02-12 | [Financial Results For The Quarter Ended 31St December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/06251acb-e0b2-4ba2-8482-eb35ed837e31.pdf) |
| 2024-03-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9422463d-074f-4dcc-82a1-5e43f34e0164.pdf) |
| 2024-03-29 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9422463d-074f-4dcc-82a1-5e43f34e0164.pdf) |
| 2024-02-13 | [Unaudited Financials Result For The Quarter And Nine Month Ended 31St December, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d93465a2-8e5b-4ce0-93bd-66a0c06f1daa.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8480c792-cbab-4250-a3ee-f49489359bc0.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/deb37927-88b1-461d-b8ae-3757ca28aad4.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00c12ac3-5342-4500-ad42-d0a54d71fa4e.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5da2ced9-3abb-4e7c-8e0c-28db5fb6b16d.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532976/75319532976.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/531560/75967531560.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532976/70573532976.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/531560/72075531560.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532976/67277532976.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/531560/66479531560_08_09_20.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fc71011-9fc9-4c90-b563-69c26441acf4.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c228695-aaa7-47f2-8b94-e834943a9e58.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35687f85-7294-4009-babc-6746f9b01437.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe915be1-c11f-4d71-917c-c2d3ff6e1b70.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84baea53-44b8-4696-900b-c5aca0879947.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/641ae624-75d8-43ad-9263-415ab16e730b.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa00554c-739a-4134-814f-c4afd8727d52.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-01-12 | Credit rating update — CRISIL |
| 2025-07-31 | Credit rating update — CRISIL |
| 2024-10-25 | Credit rating update — CRISIL |
| 2024-09-30 | Credit rating update — CRISIL |
| 2024-02-16 | Credit rating update — CRISIL |
| 2024-01-31 | Credit rating update — CRISIL |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:47.292Z.