Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 5,391 Cr.
- Current Price ₹ 407
- High / Low ₹ 459 / 158
- Stock P/E 97.1
- Book Value ₹ 33.8
- Dividend Yield 0.07 %
- ROCE 18.8 %
- ROE 14.1 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 50.3% CAGR over last 5 years
Cons
- Stock is trading at 12.0 times its book value
- Promoter holding has decreased over last quarter: -1.52%
* 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 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 144 | 144 | 241 | 269 | 318 | 376 | 442 | |
| 122 | 122 | 194 | 216 | 256 | 296 | 342 | |
| Operating Profit | 22 | 23 | 47 | 53 | 62 | 80 | 100 |
| OPM % | 15% | 16% | 20% | 20% | 20% | 21% | 23% |
| -3 | -2 | 1 | -3 | 4 | 2 | 1 | |
| Interest | 12 | 9 | 7 | 4 | 3 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 5 | 6 | 11 | 26 |
| Profit before tax | 4 | 8 | 37 | 41 | 57 | 70 | 74 |
| Tax % | -32% | 25% | 25% | 27% | 27% | 25% | 25% |
| 5 | 6 | 28 | 30 | 42 | 53 | 56 | |
| EPS in Rs | 2.05 | 2.63 | 12.03 | 2.64 | 3.23 | 4.06 | 4.20 |
| Dividend Payout % | 0% | 0% | 0% | 8% | 8% | 7% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 18% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 20% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 144% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 16% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 26 | 26 | 26 |
| Reserves | 30 | 36 | 63 | 91 | 267 | 317 | 421 |
| 63 | 53 | 39 | 45 | 0 | 1 | 9 | |
| 41 | 50 | 58 | 55 | 82 | 84 | 109 | |
| Total Liabilities | 157 | 162 | 183 | 214 | 375 | 427 | 565 |
| 44 | 43 | 46 | 56 | 83 | 172 | 213 | |
| CWIP | 0 | 0 | 7 | 1 | 5 | 10 | 23 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 113 | 118 | 131 | 157 | 287 | 245 | 329 | |
| Total Assets | 157 | 162 | 183 | 214 | 375 | 427 | 565 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 13 | 12 | 32 | 7 | 44 | 27 | 66 | |
| -1 | -3 | -13 | -9 | -64 | -74 | -120 | |
| -10 | -10 | -14 | 0 | 90 | -3 | 47 | |
| Net Cash Flow | 2 | -1 | 5 | -2 | 70 | -50 | -7 |
| Free Cash Flow | 12 | 9 | 19 | -2 | 6 | -78 | -5 |
| CFO/OP | 58% | 54% | 68% | 14% | 95% | 54% | 85% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 85 | 80 | 91 | 109 | 113 | 107 |
| Inventory Days | 122 | 134 | 84 | 120 | 107 | 109 | 122 |
| Days Payable | 130 | 157 | 80 | 78 | 100 | 93 | 117 |
| Cash Conversion Cycle | 64 | 62 | 84 | 132 | 116 | 129 | 112 |
| Working Capital Days | 91 | 114 | 69 | 94 | 107 | 127 | 118 |
| ROCE % | 17% | 36% | 34% | 26% | 22% | 19% |
Insights
In beta| Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Export Presence (Number of Countries) Countries |
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| Capacity Utilization - SS Flexible Hoses % |
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| Export Revenue Contribution % |
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| Installed Capacity - SS Flexible Hoses Million Meters p.a. |
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| Revenue Mix - Assemblies & Others % |
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| Actual Production - SS Flexible Hoses Million Meters |
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| Total Number of SKUs Number |
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| Metal Bellows Capacity Pieces p.a. |
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| Number of Assembly Stations Units |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21 May - Company officials will attend 360 ONE Capital's TRINITY INDIA 2026 investor conference on 29 May 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
20 May - Aeroflex Industries filed its FY2026 annual secretarial compliance report; no violations or adverse remarks noted.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 May
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
11 May - Transcript of the Investor''s Conference call held on Wednesday, May 06, 2026, for Q4 & FY26 Results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Newspaper advertisement of extract of Audited Standalone and Consolidated financial results for the quarter and year ended 31st March, 2026.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026TranscriptPPTREC
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Jan 2026TranscriptPPT REC
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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]