Aries Agro Limited is an Indian agrochemical company established in 1969. It manufactures fertilizers, pesticides, and agricultural equipment through 6 manufacturing plants in India and 2 overseas. The company has diversified its product portfolio over the years and received several awards and certifications for its products. It has a management team led by Chairman and MD Dr. Jimmy Mirchandani and a network of subsidiaries. While the agro industry offers opportunities, the company's fortunes are dependent on monsoon conditions and other variables in the agricultural sector.

1. Presented By :
Sarbashish Ghosh
(PGDMF13331)
Satinder
Sangwan(PGDMF13332)
Qualitative Analysis
On
Aries Agro Limited

2.  Indian Agro Industry
 Aries Agro Ltd.
 Founders
 Company Overview
 Management Structure
 Manufacturing Units
 Subsidiaries
 Product Range
 Awards & Certifications
Contents
 Revenue Mix
 Shareholding Pattern
 Key Metrics
 Competitors
 Aries Agro Ltd. in News
 What Next ??
 CSR
 Conclusion

3.  Indian Agro Industry 20-25 Years back
 Current scenario – Agro Industry vs
Service Industry
- Size of the Industry
- Geographical distribution
- Output per annum
- Market Capitalization
 Investments in Agricultural Sector
 Road ahead in Agricultural Sector
Indian Agro Industry

4. Mission & Vision
“From India’s Largest Plant Nutrition Super Bazaar to
one of the India’s largest Agri-input companies”
“Our corporate goal is to create value for “Farmers” &
“Stakeholders”

5. Aries Agro Ltd.
Snapshot
Date of Establishment 27th
November, 1969
Current Market Cap Rs. 1189.8970185 Millions
Founders
Dr. T. B. Mirchandani
Mrs. Bala Mirchandani
Business Operation Fertilizers
 Was in Animal Health
division of Boots
Pharmaceuticals Ltd.
 Technical expertise
 Was in the
marketing
department of
Vick Products Inc.
 Marketing savvy

6. Company Overview
Started by manufacturing a small range of mineral feed additives for animals &
birds and then diversified into mineral additives for the agriculture use
In 1975, it diversified into nutrients for plant
Introduction of "Agromin", a micronutrient fertilizer in the year 1975, followed by
"Chelamin" in 1976
In 2001, Aries expanded its product line to include secondary nutrients - sulphur,
magnesium and calcium
Converted into Public company in 30th
Dec, 1994
“Made for India” Mantra

7. Management Structure
Dr. Jimmy Mirchandani (Chairman & MD)
Bachelor of Veterinary Science & Animal
Husbandry
Almost 26 years Involved in development
of new products
President of Indian Micro Fertilizers
Manufacturers Association of India(2001-
2005)

8. Management Structure (contd.)
Dr. Rahul Mirchandani (Ex. Director)
Doctorate in Management Studies,
CFA
MBA from University Of Canberra
Served in CII’s Young Indians @75th
National Council
President of the Indian Delegation at
the G20 Young Entrepreneur Summit,
France
Mrs. Nitya Mirchandani (Director)
Bachelors of Arts in Psychology
Diploma in Human Resource
Management
Diploma in advertising from the
British Council

9. Manufacturing Units
 6 Manufacturing Facilities in India & 2 Overseas
 Plant Locations
• Bangalore, Mumbai, Hyderabad*, Kolkata, Chattral*, Lucknow*

10. Subsidiaries

11. Product Range
 Chelated Micronutrient Fertilizers
 EDTA Group
 Amino Acid based Chelates
 Farm equipment
 Sprayers
 Major Fertilizers
 Multi micro nutrient
 Plant nutrition & Plant production
 Veterinary products

12. Awards & Certification
 Listed Amongst The Top 500 Indian Manufacturing Companies For 2011,
2012, 2013
 Winner - Category FMCG Food & Agro-Business Year 2008
 Among The 10 Agro-Business Companies Selected To Showcase Agro-
innovations @ Indo-US Agro Expo
 2012 – The Company and Institute of Technology and Management (ITM)
Trust have entered into a Memorandum of Understanding (MoU) to work
together towards the launch of a specialized ITM–Aries Agro PGDM
Program in Agribusiness Management
 2010 – Aries Agro has been awarded the ‘Trailblazers Brand Innovator
Award 2010’ in the category of Agricultural Inputs

13. Awards & Certification (contd.)
 TB Mirchandani was nominated for the International Award for
Distinguished Leadership by the American Biographical Institute
 Consistently represented on the Animal Feeds Committee of the Bureau
of Indian Standards
 First company to receive manufacturing permission for Agricultural
Chelates
 First company to receive manufacturing permission for Agricultural
Bactericides
 First company to indigenously manufacture Calcium Chelate
 Recipient of Trans world Gold Medal

14. Revenue Mix
Product Name Sales Value (Rs cr.)
Speciality fertilizers 163.4691
Insecticides, pesticides, herbicides,
weedicides & fungicides
23.7101
Others 4.7965
Agricultural equipment & spares 2.1574
Animal feed 0.2513
Holder's Name # of Shares % Share Holding
Promoters 6857926 52.74%
General Public 3273285 25.17%
OtherCompanies 1555877 11.96%
N Banks Mutual Funds 941564 7.24%
Others 304353 2.34%
Foreign NRI 71334 0.55%
Shareholding Pattern

15. Financial Statement Analysis…
 Operating Profit and OPM

16. Financial Statement Analysis…
 EBITDA, PBT and PAT

17. Financial Statement Analysis…
 Total Asset & Asset Turnover Ratio

18. Financial Statement Analysis…
 Net Sales

19. Financial Statement Analysis…
 Net Worth

20. Financial Statement Analysis…
 ROCE

21. Financial Statement Analysis…
 Gross Block

22. Financial Statement Analysis…
 Dividend

23. Key Metrics
Market Cap (Rs Cr) 112.68 Industry P/E 23.51
*P/E 9.77 *Eps (Ttm) 8.87
*Book Value (Rs Cr) 110.51 *P/C 8.67
Div (%) 15.00 *Price/Book 0.78
Market Lot 1 Div Yield.(%) 1.73
Face Value (Rs) 10 Deliverables (%) 56.03

24. Major Competitors

25. What Next ??
 Focus on cash crops, horticulture
and oil seed vegetables
 Enter newer states like Kashmir,
Manipur and Kerala
 Set up a strong distributor’s network
in countries like Sri Lanka, Pakistan,
Bangladesh and Australia
 Bring out newer products for crops
such as cardamom and apple

26. Aries Agro Ltd. in NEWS
 Aries Agro Ltd. Board recommends dividend (30th May,2014)
 SBI Mutual Fund Sells 66,148 shares of Aries Agro Ltd.(11th
April,2014)
 Templeton Stock Growth Pvt. Ltd. bought 84,461 shares of Aries Agro
Ltd. (10th April,2014)
 Aries Agro Ltd. & ITM launched ITM-Aries Agro PGDM program in
Agribusiness management

27. CSR (Corporate Social Responsibility)
“Through our people products and passion Aries continually demonstrates that
we are a responsible corporate citizen working hard to retain the delicate
balance of nature and the development of communities where we work and
grow"
Environment Sensitive Products
Philanthropy
Soil Testing Services
Providing Advisory Services

28. Why Invest ?
 The sector experienced a faster growth rate and presently India is the third
largest fertilizer producer in the world
 AAL's wide product range matches the world's best and biggest plant nutrition
companies
 The demand for AAL's products in the South Asian region and the Middle
East is growing
 AAL's extensive distribution network, diversified product portfolio, reach to
varied climatic areas and realignment of focus on crops and products that will
realize better prices will definitely have a beneficial impact on AAL's growth
and profitability
 AAL has also set up a team to look into institutional sales in India covering
major fertilizer manufacturers, State Governments and large seed producers.
This opens up new opportunities to expand bulk business in India

29. Why Not Invest ?
 Indian Monsoon Condition
 Agriculture is a fragmented industry with lots of moving variables
and varying growth conditions