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Aeroflex Industries Ltd

₹ 2001.45%
07 Jan 11:22 a.m. – close price
🔗aeroflexindia.com•BSE: 543972•NSE: AEROFLEX
Market Cap₹ 2,581 Cr.
Current Price₹ 200
High / Low₹ 272
Stock P/E54.6
Book Value₹ 27.8
Dividend Yield0.15 %
ROCE22.2 %
ROE16.5 %
Face Value₹ 2.00
Sales₹ 372 Cr.
OPM21.5 %
Mar Cap₹ 2,581 Cr.

ABOUT

Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]

KEY POINTS

Business Profile[1]Incorporated in 1993, Aeroflex is part of Sat Industries Limited and is one of the leading Indian manufacturers of metallic flexible flow solutions made with stainless steel used for controlled flow. They have 2,938 product SKUs.[2]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsExcellent ResultsAsset Base ExpansionCapacity Expansion And ProductsCapacity Expansion And ProductsPreferential IssuancePreferential IssuanceJv Partnerships AcquisitionsJv Partnerships AcquisitionsJv Partnerships AcquisitionsRevenue Guidance Vs Actuals

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.APL Apollo Tubes1939.2051.3953839.220.30301.54460.385206.309.0622.3621317.407.401048.79301.5411.6810.020.16
2.Shyam Metalics827.3023.8123092.560.54260.4521.474457.0222.6512.0516767.7312.46970.37261.762.095.920.10
3.Welspun Corp793.7511.7720938.360.63443.5148.674373.6132.4621.2415463.5813.001773.93439.682.538.930.19
4.Godawari Power273.5024.6718318.900.35161.651.781307.683.1623.255396.6120.82743.44161.443.5313.860.04
5.Ratnamani Metals2264.5026.1715872.320.61156.0435.691191.6922.6921.515374.7616.84606.49136.224.1112.110.06
6.Gallantt Ispat L569.3527.8913737.340.2288.9381.901012.757.4519.204331.0017.56492.7088.934.4211.960.21
7.Usha Martin449.2032.4113688.980.67109.8016.20907.561.8418.753551.3716.89421.99127.504.6011.500.09
8.Aeroflex199.5554.652580.600.1513.650.44101.768.8322.18372.0721.5147.2013.657.2113.080.03
–Median: 82 Co.162.722.66927.960.010.4612.73201.638.8313.98739.18.3533.8310.522.326.80.26

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
667397838879707894688494102
Expenses
57597667706451637656667377
Operating Profit
9142116181619141812182025
Other Income
0111100100010
Profit before tax
7131915171016141510151919
Tax %
25%32%23%25%26%25%23%28%24%24%24%27%29%
Net Profit
5915111281310118121414
EPS in Rs
2.250.701.150.970.960.591.100.780.863.280.891.051.06

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
122145144145241269318373372
Expenses
112121126124194216256294292
Operating Profit
102418214753627980
Other Income
00101-3421
Interest
61512974311
Depreciation
44444561117
Profit before tax
05483741576963
Net Profit
07562830425247
EPS in Rs
0.093.102.062.6312.062.643.234.013.66
Dividend Payout %
-0%-0%-0%-0%-0%8%8%7%–

Compounded Profit Growth

10 Years:%
5 Years:45%
3 Years:24%
TTM:5%

Compounded Sales Growth

10 Years:%
5 Years:21%
3 Years:16%
TTM:12%

Return on Equity

10 Years:%
5 Years:21%
3 Years:20%
Last Year:16%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:%
1 Year:-5%

Balance Sheet

Standalone figures in ₹ crores

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
282323232323262626
Reserves
122530366391267316333
Borrowings
997363533945019
Other Liabilities
83341505855818291
Total Liabilities
147153157162184214375424460
Fixed Assets
48474443465683149152
Gross Block
106.46109.48102.91105.53112.57127.99160.80236.12–
Accumulated Depreciation
58.8862.6758.5262.2766.4671.6877.8386.70–
CWIP
-0-0-00715924
Investments
-0-0000002828
Other Assets
99106113118131157286238256
Total Assets
147153157162184214375424460

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-5313123274430
Cash from Investing Activity
2-3-1-3-13-10-64-78
Cash from Financing Activity
3-5-10-10-14090-3
Net Cash Flow
-0-52-15-270-51

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
936872868091109118
Inventory Days
671031221348412010796
Days Payable
13097130158807810091
Cash Conversion Cycle
3074646284132116124
Working Capital Days
-50103911146994107124
ROCE %
–15%16%17%36%34%26%22%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
66.99%66.99%66.99%66.99%66.99%66.99%66.99%66.99%66.99%
FIIs
1.13%0.36%0.29%0.21%0.13%1.57%0.66%0.39%0.23%
DIIs
6.76%5.83%6.16%5.91%5.59%5.66%5.91%3.87%3.43%
Public
25.12%26.82%26.56%26.89%27.27%25.76%26.43%28.74%29.34%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Promoter Entities Disclose Shareholding in Aeroflex Industries Limited

4th April 2026, 8:49 pm

Aeroflex Industries Files SEBI Compliance Certificate for Q4 FY26

4th April 2026, 4:14 pm

Aeroflex Industries Boosts SFN Skid Assembly Capacity to 6,000 Units, Eyes 15,000 Units by July 2026

1st April 2026, 5:27 pm

Aeroflex Industries Faces ₹41.76 Crore Income Tax Demand, Plans Appeal

27th March 2026, 7:43 pm

Aeroflex Industries Announces Trading Window Closure

26th March 2026, 11:24 pm

Published by Other Websites

External media mentions & references

Aeroflex Industries Bets ₹1.9 Lakh Crore on AI Cooling Pivot

15th April 2026, 1:04 pm

Kacholia Bets Big: AI, GLP-1 Precision Stocks Poised for Growth

1st April 2026, 6:40 am

Kacholia Outperforms Market as Shaily Engineering Fuels Portfolio Gains

18th March 2026, 11:25 am

Price-Volume Breakouts Signal Potential Moves in Indian Stocks

16th March 2026, 5:59 pm

Nifty Recovers 1.11%, Aeroflex, CLC, Gaya Projects Hit 52-Week Highs

16th March 2026, 5:59 pm

News Articles

Editorial & research coverage

Kacholia Backs Aeroflex with Premium Placement, Stock Surges
Kacholia Backs Aeroflex with Premium Placement, Stock Surges

3rd February 2026, 7:34 pm

Aeroflex Industries Stock Skyrockets! Why Investors Are Rushing In As Expansion Plans & Record Profits Unveiled!
Aeroflex Industries Stock Skyrockets! Why Investors Are Rushing In As Expansion Plans & Record Profits Unveiled!

19th December 2025, 11:32 am

Aeroflex Sets Revenue Record, Eyes Data Centers Amid 9MFY26 PAT Dip
Aeroflex Sets Revenue Record, Eyes Data Centers Amid 9MFY26 PAT Dip
Aeroflex Industries Shatters Records with Record Revenue, Profit; Eyes Data Center Boom
Aeroflex Industries Shatters Records with Record Revenue, Profit; Eyes Data Center Boom
Aeroflex Hits Record Revenue, Pivots to AI Data Centres, Eyes Growth
Aeroflex Hits Record Revenue, Pivots to AI Data Centres, Eyes Growth

Documents

Announcements

Announcement Under Regulation 30 (LODR)- Clarification Regarding Corrigendum To Extra-Ordinary General Meeting Notice Dated 05Th January 2026

15h - Typographical correction: preferential issue amount is Rs.54,99,99,714.60; EOGM on 15 Jan 2026.

Corrigendum To The Notice Of The Extra-Ordinary General Meeting Dated 18Th December, 2025
Closure of Trading Window

29 Dec - Trading window closed from Jan 1, 2026 until 48 hours after December 31, 2025 results; PAN frozen for ISIN INE024001021.

Announcement under Regulation 30 (LODR)-Newspaper Publication

25 Dec - Newspaper advertisement titled Notice of Extra-Ordinary General Meeting (EOGM) & E-voting information.

Notice Of The Extra-Ordinary General Meeting Of The Company

23 Dec - EOGM Jan 15, 2026 to approve preferential issue of 30,10,398 shares at Rs.182.70 (≈Rs.54.99 crore)

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from web)

Financial Year 2022

(from web)

Financial Year 2021

(from web)

Financial Year 2020

(from web)

Credit Ratings

Rating update

16 Oct 2023 from infomerics

Rating update

29 Aug 2023 from infomerics

Rating update

17 Oct 2022 from crisil

Rating update

27 Jul 2022 from infomerics

Rating update

20 Dec 2021 from crisil

Rating update

24 Nov 2021 from crisil

Concalls

Nov 2025

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Aug 2025

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May 2025

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Jan 2025

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Nov 2024

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Aug 2024

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Aug 2024

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May 2024

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Feb 2024

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Feb 2024

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Jan 2024

PPT

Nov 2023

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Stock Analysis

Description

  1. Aeroflex Industries Limited is a manufacturer of metallic flexible flow solutions, with recent strategic expansion into high-growth sectors like data center cooling.

Key Growth Triggers

  1. The shareholders' approval at the EOGM on January 15, 2026, for a ₹55 crore preferential issue and a ₹97.56 crore capital expenditure plan are significant growth triggers. These investments will fund expansion in data center cooling, enhanced manufacturing capabilities, and the establishment of an annealing plant, positioning the company for future growth.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. EOGM Approval: January 15, 2026.
  2. Data Center Cooling Expansion target completion: June 2026.
  3. Flexible Hose Manufacturing Enhancement target completion: December 2026.

Corporate Announcements

4th Apr 26
Impact Rating: 5
Aeroflex Industries Limited received annual shareholding disclosures from its promoter group entities, Aeroflex Enterprises and Italica Global F.Z.C. These filings confirm their holdings as of March 31, 2026, with no encumbrance reported.
4th Apr 26
Impact Rating: 6
Aeroflex Industries Limited filed its quarterly SEBI compliance certificate for the period ending March 31, 2026. Its registrar, MUFG Intime India Private Limited, confirmed all securities were processed correctly and no shareholder dematerialisation requests were received.
1st Apr 26
Impact Rating: 8
Effective April 1, 2026, Aeroflex Industries has expanded its liquid cooling SFN skid assembly capacity from 2,000 to 6,000 pieces per year. Further expansion to 15,000 pieces is anticipated by June/July 2026.
27th Mar 26
Impact Rating: 6
Aeroflex Industries received a ₹41.76 crore tax demand for AY 2018-19 regarding interest waiver claims. The company plans to appeal and is hopeful of a favorable outcome with no material financial impact.
26th Mar 26
Impact Rating: 5
Aeroflex Industries Limited is closing its trading window for insiders, including designated persons and relatives, from April 1, 2026. This restriction will last until 48 hours after the company announces its audited financial results for the fiscal year ending March 31, 2026.