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
- 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
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
4 Apr - Completion of Acquisition of M/s. Hyd-Air Engineering Private Limited.
Annual reports
Concalls
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT REC
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Jan 2024TranscriptNotesPPT
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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.