Aaron Industries Ltd
Incorporated in 2013, Aaron Industries
Ltd manufactures Elevators and Elevators
parts and Stainless -Steel press plates[1]
- Market Cap ₹ 281 Cr.
- Current Price ₹ 134
- High / Low ₹ 205 / 107
- Stock P/E 28.7
- Book Value ₹ 25.2
- Dividend Yield 0.37 %
- ROCE 18.7 %
- ROE 15.0 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 34.1% of last 10 years
Cons
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 5 | 12 | 18 | 21 | 25 | 38 | 56 | 63 | 78 | 92 | 102 | |
| Sales growth | +45% | +145% | +49% | +22% | +17% | +51% | +48% | +13% | +23% | +18% | +22% | |
| 3 | 5 | 10 | 16 | 18 | 21 | 32 | 46 | 52 | 63 | 74 | 82 | |
| Operating Profit | 0 | 0 | 2 | 2 | 3 | 3 | 6 | 10 | 11 | 15 | 18 | 20 |
| OPM % | 4.2% | 5% | 13% | 12% | 14% | 14% | 16% | 17% | 18% | 19% | 19% | 20% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 4 |
| Profit before tax | 0 | 0 | 1 | 2 | 2 | 2 | 5 | 7 | 8 | 12 | 11 | 14 |
| Tax % | 33% | 29% | 30% | 32% | 29% | 22% | 24% | 27% | 26% | 31% | 41% | |
| 0 | 0 | 1 | 1 | 1 | 2 | 4 | 5 | 6 | 8 | 7 | 10 | |
| EPS in Rs | 0.15 | 0.19 | 0.62 | 0.53 | 0.71 | 0.96 | 1.85 | 2.69 | 3.03 | 3.94 | 3.25 | 4.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 22% | 31% | 22% | 19% | 17% | 15% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 30% |
| 3 Years: | 18% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 67% |
| 5 Years: | 29% |
| 3 Years: | 8% |
| TTM: | 40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 0% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 21% |
| 3 Years: | 19% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.19 | 0.19 | 2 | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 21 | 21 |
| Reserves | 0 | 0 | 2 | 5 | 6 | 2 | 6 | 10 | 25 | 33 | 28 | 32 |
| 1 | 1 | 1 | 5 | 5 | 7 | 9 | 11 | 32 | 32 | 28 | 32 | |
| 1 | 1 | 2 | 3 | 3 | 3 | 5 | 7 | 7 | 8 | 15 | 15 | |
| Total Liabilities | 2 | 3 | 7 | 18 | 19 | 22 | 30 | 39 | 75 | 83 | 91 | 100 |
| 0 | 0 | 1 | 9 | 9 | 13 | 15 | 19 | 24 | 25 | 55 | 54 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 27 | 33 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 2 | 6 | 9 | 9 | 8 | 14 | 19 | 23 | 25 | 36 | 46 | |
| Total Assets | 2 | 3 | 7 | 18 | 19 | 22 | 30 | 39 | 75 | 83 | 91 | 100 |
Cash Flows
Figures in Rs. Crores
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | -0 | -0 | 1 | 3 | 1 | 4 | 6 | 9 | 8 | |
| -0 | -0 | -2 | -8 | -2 | -4 | -3 | -5 | -33 | -8 | -2 | |
| 1 | 0 | 2 | 8 | -1 | 1 | 2 | 1 | 28 | -1 | -6 | |
| Net Cash Flow | 0 | -0 | -0 | 0 | -1 | -0 | 0 | 0 | 0 | 0 | -0 |
| Free Cash Flow | -1 | -0 | -2 | -8 | -0 | -1 | -2 | -1 | -28 | 1 | 6 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -643% | -16% | -7% | 8% | 57% | 106% | 36% | 60% | 67% | 74% | 58% |
Ratios
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84 | 53 | 48 | 38 | 43 | 25 | 24 | 17 | 20 | 24 | 28 |
| Inventory Days | 240 | 181 | 173 | 158 | 151 | 140 | 105 | 143 | 149 | 120 | 158 |
| Days Payable | 155 | 93 | 96 | 55 | 42 | 22 | 33 | 39 | 24 | 23 | 50 |
| Cash Conversion Cycle | 168 | 141 | 125 | 141 | 152 | 144 | 96 | 121 | 145 | 122 | 136 |
| Working Capital Days | 120 | 91 | 78 | 78 | 63 | 48 | 61 | 43 | 28 | 14 | 26 |
| ROCE % | 16% | 48% | 19% | 17% | 17% | 23% | 30% | 20% | 19% | 19% |
Insights
In beta| Mar 2016 | Mar 2017 | Aug 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Elevator Division Share of Revenue % |
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| Elevator Door Capacity Utilization % |
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| Number of Permanent Employees count |
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| Auto Door Sales Volume units |
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| Elevator Cabin Sales Volume units |
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| Number of Cities Served count |
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| Number of Distributors/Traders count |
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| Stainless Steel Sheet Production Output tons/month |
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Extracted by Screener AI
Documents
Announcements
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Updates
- Promoter group bought 6,000 shares in open market from November 4-6, 2026.
-
Updates
- Promoter group bought 13,083 shares on November 2-3, 2026.
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Press Release
- Aaron Industries reported highest-ever monthly sales of ₹11.66 crore in October 2026.
-
Copy of Newspaper Publication
- Published unaudited standalone results for quarter and half year ended September 30, 2026.
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Investor Presentation
- Aaron Industries Limited has informed about Investor Presentation
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
-
Annual Report 2022
from nse
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Annual Report 2021
from nse
Concalls
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Oct 2026PPT
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Aug 2026Transcript PPT REC
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May 2026PPT
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Nov 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
Business Overview:[1]
The Company specializes in manufacturing elevator cabins, automatic door systems and cabin safety frames. It caters to residential and commercial projects, with a focus on design, quality and functionality, and also operates a stainless steel polishing facility.