Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 7,011 Cr.
- Current Price ₹ 530
- High / Low ₹ 584 / 158
- Stock P/E 104
- Book Value ₹ 33.8
- Dividend Yield 0.07 %
- 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 16.4 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 Nifty Microcap 250 Nifty Total Market 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 | 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 | 2.05 | 2.63 | 12.03 | 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: | 58% |
| 1 Year: | 224% |
| 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 / 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 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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| Assemblies & Fittings Assembly Stations Stations |
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| Number of SKUs SKUs |
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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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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate for quarter ended September 30, 2026; no shareholder requests received.
- Closure of Trading Window
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of Participation in Investor Conference on September 23, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Aeroflex will attend Anand Rathi Annual Flagship G-200 Summit 2026 on 21 September 2026 in Mumbai.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of the schedule of group investors/analysts meeting to be held on September 10, 2026.
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]