Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 1,927 Cr.
- Current Price ₹ 149
- High / Low ₹ 197 / 114
- Stock P/E 59.4
- Book Value ₹ 21.2
- Dividend Yield 0.00 %
- ROCE 34.6 %
- ROE 32.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 252% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.3%
Cons
- Stock is trading at 7.03 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
122 | 145 | 144 | 145 | 241 | 269 | |
112 | 121 | 126 | 124 | 194 | 215 | |
Operating Profit | 10 | 24 | 18 | 21 | 47 | 54 |
OPM % | 8% | 16% | 13% | 15% | 20% | 20% |
0 | 0 | 1 | 0 | 1 | -3 | |
Interest | 6 | 15 | 12 | 9 | 7 | 5 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 5 |
Profit before tax | 0 | 5 | 4 | 8 | 37 | 41 |
Tax % | 0% | -42% | -32% | 25% | 25% | 27% |
0 | 7 | 5 | 6 | 28 | 30 | |
EPS in Rs | 0.09 | 3.10 | 2.06 | 2.63 | 12.06 | 2.64 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 23% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 252% |
3 Years: | 58% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 29% |
Last Year: | 32% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 28 | 23 | 23 | 23 | 23 | 23 | 26 |
Reserves | 12 | 25 | 30 | 36 | 63 | 91 | 248 |
Preference Capital | 21 | 0 | 0 | 0 | 0 | 0 | |
78 | 73 | 63 | 53 | 39 | 45 | 0 | |
29 | 33 | 41 | 50 | 58 | 55 | 73 | |
Total Liabilities | 147 | 153 | 157 | 162 | 184 | 214 | 347 |
48 | 47 | 44 | 43 | 46 | 56 | 57 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 1 | 16 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
99 | 106 | 113 | 118 | 131 | 157 | 274 | |
Total Assets | 147 | 153 | 157 | 162 | 184 | 214 | 347 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-5 | 3 | 13 | 12 | 32 | 4 | |
2 | -3 | -1 | -3 | -13 | -10 | |
3 | -5 | -10 | -10 | -14 | 4 | |
Net Cash Flow | -0 | -5 | 2 | -1 | 5 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 93 | 68 | 72 | 86 | 80 | 91 |
Inventory Days | 67 | 103 | 122 | 134 | 84 | 120 |
Days Payable | 130 | 97 | 130 | 158 | 80 | 79 |
Cash Conversion Cycle | 30 | 74 | 64 | 62 | 84 | 132 |
Working Capital Days | 183 | 183 | 157 | 159 | 96 | 128 |
ROCE % | 15% | 16% | 17% | 36% | 35% |
Documents
Announcements
- Board Meeting Intimation for Audited Standalone & Consolidated Financial Results For The Quarter And Financial Year Ended March 31, 2024 And Auditor'S Report There On And Recommendation Of Final Dividend On Equity Shares, If Any, For The Financial Year Ended March 31, 2024; 1d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - With reference to the captioned subject, we hereby enclose a Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018
-
Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015.
16 Apr - Compliance Certificate issued by Dr. S. K Jain
- Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Year Ended On March 31, 2024. 16 Apr
Annual reports
Concalls
-
Feb 2024TranscriptPPT
-
Feb 2024Transcript PPT REC
-
Jan 2024TranscriptNotesPPT
-
Nov 2023Transcript PPT REC
Business Profile[1]
Co. is one of the leading Indian manufacturers of metallic flexible flow solutions made with stainless steel. Co. has recently developed products made of bronze as well.