AARADHYA
Aaradhya Disposal Industries financials
- Market cap
- ₹199 Cr
- Sector
- Forest Materials
What Aaradhya Disposal Industries Ltd does
Aaradhya Disposal Industries manufactures paper-based disposable and packaging products, including paper cup blanks, poly-coated paper rolls, embossed ripple wallpaper fans, multi-colour paper fans and biodegradable coated paper, from a single manufacturing facility in Dewas, Madhya Pradesh. It sources base paper from suppliers such as ITC, Century, Nippon and West Coast, converts it into coated/uncoated paper reels, boards and cup blanks, and sells to customers in both domestic and international markets.
Segments
- Paper-based disposables & packaging
- Manufacturing facilities
- 1 (Dewas, Madhya Pradesh)
- Permanent employees
- 33
- Product lines
- Paper cup blanks, poly-coated paper rolls, embossed ripple wallpaper fans, multi-colour paper fans, biodegradable coated paper, kraft/OGR paper reels
- Key raw-material suppliers
- ITC, Century, Nippon, West Coast
- Markets served
- Domestic and international
Quarterly results
| Line item | Q2 FY25 | Q2 FY26 |
|---|---|---|
| Revenue | 49 | 60 |
| EBITDA | 7 | 10 |
| Net profit | 4 | 6 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +21.1% 1Y
1Y: ₹116.85 on 10 Sept 2025 → ₹141.55. High ₹176.95 (10 Oct 2025), low ₹65 (26 Aug 2026).
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹14 Cr |
| Reserves | ₹4 Cr | ₹5 Cr | ₹6 Cr | ₹8 Cr | ₹12 Cr | ₹64 Cr |
| Borrowings | ₹19 Cr | ₹19 Cr | ₹27 Cr | ₹39 Cr | ₹45 Cr | ₹40 Cr |
| Other liabilities | ₹12 Cr | ₹10 Cr | ₹13 Cr | ₹11 Cr | ₹9 Cr | ₹14 Cr |
| Total liabilities | ₹40 Cr | ₹39 Cr | ₹51 Cr | ₹63 Cr | ₹71 Cr | ₹132 Cr |
| Fixed assets | ₹16 Cr | ₹16 Cr | ₹12 Cr | ₹8 Cr | ₹29 Cr | ₹25 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹16 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹24 Cr | ₹23 Cr | ₹38 Cr | ₹38 Cr | ₹42 Cr | ₹106 Cr |
| Total assets | ₹40 Cr | ₹39 Cr | ₹51 Cr | ₹63 Cr | ₹71 Cr | ₹132 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Sep 2025. The shareholder count shrank 5% to 330.
- Promoters
- 70.6%
- DIIs
- 1.4%
- Public
- 28.0%
Since Sep 2025
- DIIs −0.01 pp
- Public +0.01 pp
- Promoters 0.00 pp
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Aarth AIF Growth Fund AIF +0.16 pp 1.43% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Aaradhya Disposal Industries Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Shashi Maheshwari | 36.64% | unchanged |
| Anil Maheshwari | 16.98% | unchanged |
| Sunil Maheshwari | 16.96% | unchanged |
| Naresh Kumar Bansal | 6.27% | unchanged |
| Aarth AIF Growth Fund AIF | 1.43% | +0.16 pp |
| Rupesh Kumar Pirodia | 1.24% | unchanged |
| Nilesh Pirodia | 1.21% | unchanged |
| Sheela Tapadia | 0.00% | unchanged |
| Mamta Soni | 0.00% | unchanged |
| Maheshwari Disposal (Proprietorship) | 0.00% | unchanged |
| Food Pack Industries Private Limited | 0.00% | unchanged |
| Shikha Mishra | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Aaradhya Disposal Industries Ltd
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