AARTI Industries Ltd (ARTO) is a global leader in Benzene based derivative products. Has a diversified product portfolio with end users in pharma, agrochemicals, specialty polymers, paints & pigments. Q4FY17 Revenue grew by 20% YoY however PAT growth was limited to 7% YoY due to lower EBITDA margins. EBITDA margins declined by 140bps YoY to 18.3% due to higher rawmaterial cost. Going forward, management focus on high margin products, forward...