Aarey Drugs & Pharmaceuticals
Aarey Drugs & Pharmaceuticals (AAREYDRUGS) share price was ₹108.05 at the 28 Oct 2026 close; market capitalisation ₹306 Cr; P/E (TTM) 73.50; sector Healthcare. The share price rose 18.4% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue fell 56.3% year on year to ₹44.63 Cr and net profit fell 25.6% year on year to ₹1.02 Cr (compared with Jun 2025). Promoters held 41.45% of Aarey Drugs & Pharmaceuticals in Sep 2026, up 3.74 percentage points from Jun 2026. Its Tapetide Score is 42/100 (Weak) as of 28 Oct 2026.
Key Fundamentals
MicrocapPharmaceuticals & BiotechnologyHealthcarePrice-based figures as of 29 Oct 2026, 10:47 IST · EPS basis: Standalone · TTM
Peer Comparison
Healthcare › Pharmaceuticals
| ₹1,765.80 | 35.03 | 4,23,675 Cr | 5.07 | 0.91% | 13.79% | 17.94% | 61,848 Cr | 12,117 Cr | |
| ₹9,655.00 | 87.63 | 2,56,310 Cr | 15.29 | 0.32% | 15.32% | 18.96% | 11,682 Cr | 2,925 Cr | |
| ₹4,609.00 | 72.35 | 1,75,312 Cr | 9.54 | 0.82% | 12.16% | 9.06% | 17,058 Cr | 2,156 Cr | |
| ₹2,187.00 | 108.05 | 1,18,166 Cr | 22.30 | 0.09% | 16.38% | 19.67% | 7,323 Cr | 1,090 Cr | |
| ₹1,181.30 | 26.29 | 1,17,835 Cr | 4.35 | 0.09% | 16.99% | 19.24% | 28,515 Cr | 4,593 Cr | |
| ₹1,338.60 | 34.67 | 1,11,730 Cr | 2.88 | 0.61% | 10.87% | 13.94% | 34,247 Cr | 3,184 Cr | |
| ₹1,364.80 | 32.70 | 1,10,257 Cr | 3.12 | 0.96% | 11.21% | 14.88% | 28,589 Cr | 3,356 Cr | |
| ₹109.60 | 74.56 | 311 Cr | 2.06 | 0.00% | 2.64% | 6.84% | 421 Cr | 4 Cr | |
| Median 8 companies | ₹1,565.30 | 53.69 | 1,18,001 Cr | 4.71 | 0.47% | 12.98% | 16.41% | 22,787 Cr | 3,055 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Data confidence 100/100
Category scores
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Promoter holding has increased by 5.08% over last quarter.
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.27% over past five years.
- Company has a low return on equity of 3.13% over last 3 years.
- Earnings include an other income of Rs.6.26 Cr.
- Promoter holding has decreased over last 3 years: -7.25%
Technical Indicators
Oscillators
Neutral
Overall
Bullish
Moving Averages
Bullish
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin 2.96% · Jun 2026
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 50.96 | 57.83 | 76.48 | 210 | 127 | 105 | 134 | 108 | 102 | 84.16 | 96.43 | 189 | 44.63 |
| Expenses | 49.62 | 55.99 | 73.78 | 212 | 126 | 101 | 132 | 112 | 101 | 81.52 | 97.94 | 185 | 43.31 |
| Operating Profit | 1.34 | 1.84 | 2.7 | -1.44 | 1.18 | 3.72 | 2.2 | -4.21 | 1.71 | 2.64 | -1.51 | 4.34 | 1.32 |
| OPM % | 2.63% | 3.18% | 3.53% | -0.68% | 0.93% | 3.54% | 1.64% | -3.89% | 1.67% | 3.14% | -1.57% | 2.29% | 2.96% |
| Other Income | 0.7 | 0.84 | 0.29 | 5.14 | 1.58 | 0.02 | 0.68 | 7.54 | 1.55 | 0.79 | 4.18 | -0.43 | 1.72 |
| Interest | 0.42 | 0.41 | 0.47 | 0.4 | 0.96 | 0.49 | 0.58 | 1.3 | 1.04 | 1.26 | 0.92 | 1.78 | 1.67 |
| Depreciation | 0.89 | 1.27 | 1.06 | 1.15 | 0.47 | 1.51 | 0.9 | 0.41 | 0.49 | 0.69 | 0.83 | 0.85 | 0.85 |
| PBT | 0.73 | 1 | 1.46 | 2.15 | 1.33 | 1.74 | 1.4 | 1.62 | 1.73 | 1.48 | 0.92 | 1.28 | 0.52 |
| Tax % | 0% | -22% | 30.14% | -0.47% | 6.77% | 8.62% | 48.57% | 71.6% | 20.81% | 31.08% | 38.04% | -21.88% | -98.08% |
| Net Profit | 0.72 | 1.23 | 1.02 | 2.15 | 1.24 | 1.6 | 0.72 | 0.47 | 1.37 | 1.02 | 0.57 | 1.56 | 1.02 |
| EPS (₹) | 0.28 | 0.48 | 0.4 | 0.77 | 0.44 | 0.57 | 0.25 | 0.17 | 0.48 | 0.36 | 0.2 | 0.55 | 0.36 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 213 | 246 | 396 | 349 | 354 | 298 | 348 | 493 | 419 | 396 | 474 | 472 | 415 |
| Expenses | 212 | 245 | 386 | 342 | 347 | 294 | 344 | 481 | 411 | 391 | 471 | 465 | 408 |
| Operating Profit | 1 | 1 | 10 | 8 | 8 | 3 | 5 | 11 | 8 | 4 | 3 | 7 | 7 |
| OPM % | 0.6% | 0.4% | 2.4% | 2.2% | 2.2% | 1.1% | 1.3% | 2.3% | 1.8% | 1.1% | 0.6% | 1.5% | 1.6% |
| Other Income | 3 | 3 | 3 | 3 | 4 | 7 | 7 | 3 | 3 | 7 | 10 | 6 | 6 |
| Interest | 1 | 2 | 4 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 |
| PBT | 1 | 2 | 8 | 8 | 9 | 7 | 8 | 10 | 6 | 5 | 6 | 5 | 4 |
| Tax % | 23% | 29% | 31% | 25% | 27% | 20% | 21% | 35% | 37% | 12% | 34% | 27% | — |
| Net Profit | 1 | 1 | 5 | 6 | 7 | 6 | 7 | 7 | 4 | 5 | 4 | 4 | 4 |
| EPS (₹) | 0.65 | 0.77 | 3.02 | 2.64 | 2.8 | 2.48 | 2.78 | 2.58 | 1.49 | 1.67 | 1.42 | 1.4 | 1.47 |
| Div. Payout % | 0% | 0% | 0% | 0% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 18 | 23 | 23 | 23 | 23 | 25 | 25 | 28 | 28 | 28 |
| Reserves | 19 | 20 | 31 | 57 | 63 | 69 | 75 | 88 | 92 | 105 | 110 | 122 |
| Borrowings | 11 | 15 | 10 | 3 | 16 | 18 | 18 | 14 | 38 | 31 | 35 | 50 |
| Other Liabilities | 69 | 74 | 83 | 86 | 43 | 84 | 116 | 117 | 136 | 139 | 117 | 97 |
| Total Liabilities | 115 | 125 | 142 | 170 | 146 | 194 | 233 | 245 | 291 | 303 | 291 | 297 |
| Fixed Assets | 6 | 8 | 12 | 12 | 12 | 12 | 14 | 14 | 14 | 13 | 16 | 26 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 |
| Other Assets | 109 | 117 | 130 | 157 | 133 | 181 | 218 | 230 | 277 | 289 | 272 | 269 |
| Total Assets | 115 | 125 | 142 | 170 | 146 | 194 | 233 | 245 | 291 | 303 | 291 | 297 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 3 | 6 | 1 | -20 | 1 | 3 | 5 | 0 | -1 | -3 | 10 | 10 |
| Investing | -2 | -3 | -5 | -1 | -1 | -1 | -3 | -3 | 0 | -2 | -6 | -12 |
| Financing | -2 | -2 | 4 | 23 | -2 | -2 | -2 | 2 | 1 | 6 | -4 | 2 |
| Net Cash Flow | -1 | 1 | -1 | 2 | -3 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
| Free Cash Flow | 1 | 3 | -4 | -21 | -1 | 2 | 3 | -2 | -2 | -4 | 5 | -2 |
| CFO/EBITDA | 239 | 560 | 28 | -232 | 37 | 135 | 154 | 36 | 13 | -37 | 421 | 164 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 114 | 108 | 75 | 100 | 109 | 118 | 170 | 101 | 165 | 170 | 103 | 100 |
| Inventory Days | 7 | 3 | 5 | 16 | 23 | 21 | 20 | 11 | 26 | 33 | 36 | 33 |
| Days Payable | 117 | 108 | 71 | 84 | 40 | 98 | 120 | 86 | 115 | 123 | 81 | 66 |
| Cash Conversion Cycle | 5 | 3 | 9 | 32 | 92 | 42 | 69 | 26 | 76 | 80 | 58 | 68 |
| Working Capital Days | 49 | 40 | 34 | 69 | 77 | 99 | 91 | 68 | 89 | 106 | 89 | 90 |
| ROCE % | 7% | 7% | 22% | 14% | 12% | 8% | 9% | 10% | 6% | 6% | 6% | 6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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66 extracted metrics + investor summaries across FY10–FY27.
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Company Information
Incorporated in 1990, Aarey Drugs & Pharmaceuticals Ltd is a manufacturer of API / Bulk Drugs and offers products for diverse industrial applications[1]
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