Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 2,304 Cr.
- Current Price ₹ 178
- High / Low ₹ 272 / 145
- Stock P/E 46.9
- Book Value ₹ 27.8
- Dividend Yield 0.17 %
- ROCE 22.3 %
- ROE 16.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 44.8% CAGR over last 5 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 Products Iron & Steel Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 144 | 144 | 241 | 269 | 318 | 376 | 408 | |
| 122 | 122 | 194 | 216 | 256 | 296 | 319 | |
| Operating Profit | 22 | 23 | 47 | 53 | 62 | 80 | 89 |
| OPM % | 15% | 16% | 20% | 20% | 20% | 21% | 22% |
| -3 | -2 | 1 | -3 | 4 | 2 | 1 | |
| Interest | 12 | 9 | 7 | 4 | 3 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 5 | 6 | 11 | 22 |
| Profit before tax | 4 | 8 | 37 | 41 | 57 | 70 | 66 |
| Tax % | -32% | 25% | 25% | 27% | 27% | 25% | |
| 5 | 6 | 28 | 30 | 42 | 53 | 49 | |
| EPS in Rs | 2.05 | 2.63 | 12.03 | 2.64 | 3.23 | 4.06 | 3.80 |
| Dividend Payout % | 0% | 0% | 0% | 8% | 8% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 16% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 25% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 20% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 26 | 26 | 26 |
| Reserves | 30 | 36 | 63 | 91 | 267 | 317 | 334 |
| 63 | 53 | 39 | 45 | 0 | 1 | 9 | |
| 41 | 50 | 58 | 55 | 82 | 84 | 100 | |
| Total Liabilities | 157 | 162 | 183 | 214 | 375 | 427 | 469 |
| 44 | 43 | 46 | 56 | 83 | 172 | 175 | |
| CWIP | 0 | 0 | 7 | 1 | 5 | 10 | 25 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 113 | 118 | 131 | 157 | 287 | 245 | 269 | |
| Total Assets | 157 | 162 | 183 | 214 | 375 | 427 | 469 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 13 | 12 | 32 | 7 | 44 | 27 | |
| -1 | -3 | -13 | -9 | -64 | -74 | |
| -10 | -10 | -14 | 0 | 90 | -3 | |
| Net Cash Flow | 2 | -1 | 5 | -2 | 70 | -50 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 72 | 85 | 80 | 91 | 109 | 113 |
| Inventory Days | 122 | 134 | 84 | 120 | 107 | 109 |
| Days Payable | 130 | 157 | 80 | 78 | 100 | 93 |
| Cash Conversion Cycle | 64 | 62 | 84 | 132 | 116 | 129 |
| Working Capital Days | 91 | 114 | 69 | 94 | 107 | 127 |
| ROCE % | 17% | 36% | 34% | 26% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14h - Newspaper advertisement of extract of Un-audited standalone and consolidated financial results for the quarter ended December 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Investor/analyst meetings 10 Feb 2026 at Manthan-Systematix India Annual Conference, Mumbai.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of earnings call for quarter ended 31 Dec 2025 uploaded on 29 Jan 2026.
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Board Meeting Intimation for Intimation Of Board Meeting Date For Allotment Of Equity Shares
1d - Board meeting Feb 03, 2026 to consider preferential allotment of equity shares (in-principle approval received).
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Investor Presentation for the quarter ended 31st December, 2025
Annual reports
Concalls
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT REC
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT REC
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Jan 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT REC
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]