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 ₹ 150 Cr.
- Current Price ₹ 88.0
- High / Low ₹ 145 / 70.0
- Stock P/E 16.9
- Book Value ₹ 64.4
- Dividend Yield 0.00 %
- ROCE 9.77 %
- ROE 8.41 %
- Face Value ₹ 10.0
Pros
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
Industrials Capital Goods Industrial Products Other Industrial Products
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 45 | 77 | 79 | 108 | 179 | 200 | 215 | 222 | |
| 42 | 72 | 73 | 102 | 169 | 184 | 197 | 203 | |
| Operating Profit | 3 | 6 | 6 | 6 | 10 | 16 | 18 | 19 |
| OPM % | 7% | 7% | 8% | 6% | 6% | 8% | 8% | 9% |
| 0 | 1 | 0 | 2 | 3 | 2 | 5 | 3 | |
| Interest | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 7 |
| Profit before tax | 2 | 4 | 4 | 5 | 10 | 15 | 18 | 12 |
| Tax % | 30% | 29% | 30% | 28% | 31% | 30% | 27% | 26% |
| 1 | 3 | 3 | 4 | 7 | 10 | 13 | 9 | |
| EPS in Rs | 9.31 | 22.23 | 19.62 | 27.85 | 42.20 | 64.54 | 7.84 | 5.12 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 7% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 10% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 2 | 2 | 17 | 17 |
| Reserves | 3 | 8 | 11 | 14 | 24 | 34 | 84 | 93 |
| 7 | 13 | 10 | 13 | 14 | 12 | 45 | 58 | |
| 9 | 15 | 21 | 33 | 30 | 54 | 60 | 44 | |
| Total Liabilities | 21 | 38 | 44 | 61 | 69 | 101 | 206 | 212 |
| 3 | 9 | 8 | 8 | 9 | 18 | 20 | 77 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 35 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 | 29 | 36 | 53 | 60 | 80 | 152 | 133 | |
| Total Assets | 21 | 38 | 44 | 61 | 69 | 101 | 206 | 212 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 0 | 6 | 4 | 0 | 2 | 21 | -9 | 6 | |
| 0 | -5 | -2 | -2 | -4 | -14 | -34 | -29 | |
| -0 | 3 | -4 | 1 | 3 | -4 | 84 | 9 | |
| Net Cash Flow | -0 | 3 | -2 | -1 | 1 | 3 | 41 | -14 |
| Free Cash Flow | 0 | 0 | 3 | -1 | -2 | 7 | -45 | -26 |
| CFO/OP | 1% | 106% | 58% | 24% | 41% | 168% | -21% | 50% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 62 | 88 | 70 | 63 | 76 | 77 | 79 |
| Inventory Days | 76 | 61 | 84 | 106 | 56 | 76 | 159 | 111 |
| Days Payable | 76 | 74 | 133 | 135 | 64 | 125 | 152 | 95 |
| Cash Conversion Cycle | 73 | 49 | 39 | 41 | 55 | 27 | 83 | 96 |
| Working Capital Days | 66 | 18 | 31 | 30 | 28 | 25 | 34 | 28 |
| ROCE % | 21% | 24% | 33% | 36% | 21% | 10% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Installed Capacity MT |
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| Number of Countries (Exports) Number |
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| Number of Global Customers Number |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Appointment
20 May 2026 - Board approved FY26 audited results, reappointed internal and cost auditors, and confirmed no fund-use deviation.
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Statement of deviation(s) or variation(s) under Reg. 32
20 May 2026 - Board approved audited FY26 results and reappointed internal and cost auditors on 20 May 2026.
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Appointment
20 May 2026 - Board approved FY26 audited standalone results, unmodified opinion, and reappointed internal and cost auditors for FY27.
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Outcome of Board Meeting
20 May 2026 - Board approved FY26 audited standalone results and reappointed internal and cost auditors on 20 May 2026.
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Updates
30 April 2026 - Annual Secretarial Compliance Report not applicable for FY ended 31 March 2026.
Annual reports
Concalls
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Nov 2025Transcript PPT
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May 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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.