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 ₹ 146 Cr.
- Current Price ₹ 85.6
- High / Low ₹ 122 / 70.0
- Stock P/E 16.4
- 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: | -27% |
| 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 | |
|---|---|---|---|---|---|---|
| Actual Production MT |
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| Installed Capacity MT |
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| Number of Export Countries Number |
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| Number of Products Number |
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| Order Book INR Cr |
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Extracted by Screener AI
Documents
Announcements
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General Updates
- 15th AGM on 30 September 2026; annual report FY2025-26 shared with shareholders and KYC reminder issued.
-
Corrigendum
- Corrigendum fixes 4 September 2026 cut-off date for AGM notice and annual report dispatch.
-
Shareholders meeting
- Notice for 15th AGM on 30 Sept 2026; approves financials, director reappointments and two managerial appointments.
-
Outcome of Board Meeting
- Board approved AGM on 30 Sep 2026; Ravi Patel redesignated MD, Hemang Patel appointed WTD, Chirag Patel resigned.
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Resignation of Director/KMP/SMP
- Aeron Composite Limited has informed about Resignation of Director/KMP/SMP
Annual reports
Concalls
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Jun 2026TranscriptAI SummaryPPT
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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.