Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 6,484 Cr.
- Current Price ₹ 490
- High / Low ₹ 614 / 158
- Stock P/E 96.6
- Book Value ₹ 33.8
- Dividend Yield 0.08 %
- ROCE 18.9 %
- ROE 14.1 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 50.4% CAGR over last 5 years
Cons
- Stock is trading at 14.5 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE Industrials Nifty Total Market Nifty Microcap 250
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 144 | 144 | 241 | 269 | 318 | 376 | 442 | 503 | |
| 122 | 122 | 194 | 216 | 256 | 296 | 342 | 385 | |
| Operating Profit | 22 | 23 | 47 | 53 | 62 | 80 | 100 | 118 |
| OPM % | 15% | 16% | 20% | 20% | 20% | 21% | 23% | 23% |
| -3 | -2 | 1 | -3 | 4 | 2 | 1 | 2 | |
| Interest | 12 | 9 | 7 | 4 | 3 | 1 | 2 | 1 |
| Depreciation | 4 | 4 | 4 | 5 | 6 | 11 | 26 | 28 |
| Profit before tax | 4 | 8 | 37 | 41 | 57 | 70 | 74 | 90 |
| Tax % | -32% | 25% | 25% | 27% | 27% | 25% | 25% | |
| 5 | 6 | 28 | 30 | 42 | 53 | 56 | 67 | |
| EPS in Rs | 0.41 | 0.53 | 2.41 | 2.64 | 3.23 | 4.06 | 4.20 | 5.13 |
| Dividend Payout % | 0% | 0% | 0% | 8% | 8% | 7% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 18% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 20% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| 1 Year: | 161% |
| 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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 58% | 54% | 68% | 14% | 95% | 54% | 85% |
Ratios
Consolidated / 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 | 111 | 122 |
| Days Payable | 130 | 157 | 80 | 78 | 100 | 94 | 117 |
| Cash Conversion Cycle | 64 | 62 | 84 | 132 | 116 | 129 | 112 |
| Working Capital Days | 91 | 114 | 69 | 94 | 107 | 126 | 118 |
| ROCE % | 17% | 36% | 34% | 26% | 22% | 19% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Export Revenue Mix % of Total Sales |
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| SS Flexible Hoses Capacity Utilization % |
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| SS Flexible Hoses Production Capacity Million Metres p.a. |
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| SS Flexible Hoses Production Volume Million Metres |
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| Number of SKUs SKUs |
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| Assemblies & Fittings Assembly Stations Stations |
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| SFN Liquid Cooling Skid Assembly Capacity Skids p.a. |
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| SFN Skid Assembly Sales Volume Units |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Aeroflex Industries Limited has informed about Schedule of Earning Call.
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Board Meeting Intimation for The Board Meeting Scheduled To Be Held On October 28, 2026.
- Board to meet on October 28, 2026 to approve Q2 and half-year results; trading window closed till October 30.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Aeroflex Industries granted an Indian patent on October 19, 2026 for automated 3D braided hose models.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Aeroflex to invest ₹202 crore by March 2028, expanding manufacturing and targeting ₹500-550 crore incremental revenue.
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Capacity Enhancements In SS Hose & Braiding Division And Liquid Cooling SFN Skid Assemblies Division
- Board approved SS Hose and liquid cooling expansions worth ₹202 crore, to complete by March 2028.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from web
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Annual Report 2022
from web
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Annual Report 2021
from web
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Annual Report 2020
from web
Concalls
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Jul 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026Transcript REC
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Jan 2026PPT 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 2024PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript
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Feb 2024Transcript PPT REC
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Jan 2024PPT
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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]