Aeron Composites Ltd
Incorporated in 2011, Aeron Composite Ltd manufacture and deals in Fiber Glass Reinforce Plastic Products i.e. Cable Tray, Gratings, ROD, Pole, Structure Profiles,
Handrails etc.[1]
- Market Cap ₹ 234 Cr.
- Current Price ₹ 138
- High / Low ₹ 202 / 113
- Stock P/E 23.2
- Book Value ₹ 55.4
- Dividend Yield 0.00 %
- ROCE 36.5 %
- ROE 33.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.2%
- Company's working capital requirements have reduced from 51.5 days to 39.0 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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: Plastic products Industry: Plastics Products
Half Yearly Results
Figures in Rs. Crores
Sep 2023 | Sep 2024 | |
---|---|---|
82 | 108 | |
74 | 98 | |
Operating Profit | 8 | 10 |
OPM % | 10% | 9% |
1 | 2 | |
Interest | 1 | 1 |
Depreciation | 1 | 2 |
Profit before tax | 8 | 10 |
Tax % | 34% | 31% |
5 | 7 | |
EPS in Rs | 31.98 | 3.91 |
Raw PDF |
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
45 | 77 | 79 | 108 | 179 | 200 | |
42 | 72 | 73 | 102 | 169 | 184 | |
Operating Profit | 3 | 6 | 6 | 6 | 10 | 16 |
OPM % | 7% | 7% | 8% | 6% | 6% | 8% |
0 | 1 | 0 | 2 | 3 | 2 | |
Interest | 1 | 1 | 1 | 1 | 2 | 1 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 |
Profit before tax | 2 | 4 | 4 | 5 | 10 | 15 |
Tax % | 30% | 29% | 30% | 28% | 31% | 30% |
1 | 3 | 3 | 4 | 7 | 10 | |
EPS in Rs | 9.31 | 22.23 | 19.62 | 27.85 | 42.20 | 64.54 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 36% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 58% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
Last Year: | 33% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 2 | 2 | 17 |
Reserves | 3 | 8 | 11 | 14 | 24 | 34 | 77 |
7 | 13 | 10 | 13 | 14 | 12 | 34 | |
9 | 15 | 21 | 33 | 30 | 54 | 58 | |
Total Liabilities | 21 | 38 | 44 | 61 | 69 | 101 | 186 |
3 | 9 | 8 | 8 | 9 | 18 | 19 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18 | 29 | 36 | 53 | 60 | 80 | 158 | |
Total Assets | 21 | 38 | 44 | 61 | 69 | 101 | 186 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
0 | 6 | 4 | 0 | 2 | 21 | |
0 | -5 | -2 | -2 | -4 | -14 | |
-0 | 3 | -4 | 1 | 3 | -4 | |
Net Cash Flow | -0 | 3 | -2 | -1 | 1 | 3 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 73 | 62 | 88 | 70 | 63 | 76 |
Inventory Days | 76 | 61 | 84 | 106 | 56 | 76 |
Days Payable | 76 | 74 | 133 | 135 | 64 | 125 |
Cash Conversion Cycle | 73 | 49 | 39 | 41 | 55 | 27 |
Working Capital Days | 66 | 43 | 56 | 61 | 54 | 39 |
ROCE % | 21% | 24% | 33% | 36% |
Documents
Announcements
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Updates
10 May 2025 - Board meeting on May 23 to approve FY25 audited financial results; trading window closed till 48 hours post results.
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Board Meeting Intimation
10 May 2025 - Aeron Composite Limited has informed about Board Meeting to be held on 23-May-2025 to consider and approve the Yearly Audited Financial results of the Company …
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Updates
30 April 2025 - Aeron Composite confirms non-applicability of SEBI Large Corporate debt issuance rules for FY 2024-25.
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Updates
30 April 2025 - Aeron Composite confirms non-applicability of Large Corporate disclosure requirements under SEBI circulars.
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Structural Digital Database
21 April 2025 - Compliance certificate confirming SEBI insider trading database maintenance for FY ended March 31, 2025.
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
Business Overview:[1]
ACL manufactures and supplies Fiber Glass Reinforced Polymer (FRP) products which includes Pultruded Products, Moulded Gratings, and Rods. It provides solutions for design, prototype development, manufacturing, testing, logistics, installation, and after-sales service