Airo Lam Ltd

Airo Lam Ltd

₹ 89.5 -1.05%
06 Mar - close price
About

Incorporated in 2008, Airolam Ltd is in
the business of production, processing
and marketing of decorative laminate
and plywood[1]

Key Points

Product Profile:
a) Laminates:[1][2]
Decorative Laminates, Decorative
Post forming Laminates, I Lam, I Lite,
Color Code Laminates

b) Specialty Laminates:[3]
Anti Finger Print Laminates, Dura Gloss
Pro Laminates, Chalk Grade Laminates,
Marker Grade Laminates, Synchronized
Laminates Mettalic Laminates, Flicker
Laminates, Color Core Laminates,
Digital Laminates

c) Performance Laminates:[4]
Electrostatic Dissipative Laminates, Fire Retardant Laminates, Chemical Resistant Laminates, Magnetic Laminates.

d) Compact Laminates:[5]
Exterior Wall Cladding Laminates, Interior Wall Cladding Laminates, Restroom and cubicle laminates

e) Plywood:[6]
Airoply Plywoods, Airoply Block
boards, Airoply Flushdoor

f) Panel:[7]
Gloss Acrylic Panels, Matte Acrylic
Panels

g) Luce:[8]
Luxury Matt Finish

  • Market Cap 134 Cr.
  • Current Price 89.5
  • High / Low 137 / 83.5
  • Stock P/E 15.6
  • Book Value 53.4
  • Dividend Yield 0.00 %
  • ROCE 7.78 %
  • ROE 4.77 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 9.48% over last 3 years.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
47.66 52.21 48.64 49.61 56.27 50.67 51.67 51.19 55.02 56.51 52.88 62.53 69.67
43.82 46.67 43.22 45.44 51.06 45.81 47.00 51.14 51.46 50.39 47.89 56.09 64.25
Operating Profit 3.84 5.54 5.42 4.17 5.21 4.86 4.67 0.05 3.56 6.12 4.99 6.44 5.42
OPM % 8.06% 10.61% 11.14% 8.41% 9.26% 9.59% 9.04% 0.10% 6.47% 10.83% 9.44% 10.30% 7.78%
0.29 -0.23 0.17 0.58 0.07 0.63 1.57 -0.01 0.19 0.74 0.38 -0.02 0.15
Interest 1.04 1.41 1.12 1.22 1.23 1.65 1.92 2.05 1.02 2.23 2.19 1.98 2.23
Depreciation 0.84 0.84 0.84 0.85 0.87 1.30 1.02 1.19 1.21 1.16 1.14 1.37 1.29
Profit before tax 2.25 3.06 3.63 2.68 3.18 2.54 3.30 -3.20 1.52 3.47 2.04 3.07 2.05
Tax % 25.33% 20.26% 27.55% 33.96% 35.53% 27.95% 31.52% -12.19% 18.42% 17.58% 28.43% 12.05% 22.93%
1.69 2.45 2.64 1.77 2.05 1.84 2.25 -2.81 1.24 2.86 1.45 2.69 1.58
EPS in Rs 1.13 1.63 1.76 1.18 1.37 1.23 1.50 -1.87 0.83 1.91 0.97 1.79 1.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
63 67 63 70 93 111 105 133 168 198 203 211 242
58 61 58 64 84 101 97 121 153 181 184 196 219
Operating Profit 6 6 6 7 9 9 9 12 15 17 20 14 23
OPM % 9% 9% 9% 9% 10% 8% 8% 9% 9% 8% 10% 7% 10%
0 0 0 1 0 1 1 1 1 1 1 2 1
Interest 2 3 2 3 3 2 2 2 3 4 5 7 9
Depreciation 2 1 1 2 2 2 2 2 3 3 4 5 5
Profit before tax 2 2 2 3 5 6 6 8 9 10 12 5 11
Tax % 32% 32% 33% 33% 34% 29% 25% 29% 28% 24% 31% 31%
1 2 2 2 3 4 5 5 7 7 8 4 9
EPS in Rs 2.69 2.91 3.04 3.44 2.17 2.82 3.19 3.64 4.49 4.93 5.53 2.36 5.72
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 15%
3 Years: 8%
TTM: 16%
Compounded Profit Growth
10 Years: 8%
5 Years: -6%
3 Years: -19%
TTM: 240%
Stock Price CAGR
10 Years: %
5 Years: 27%
3 Years: 7%
1 Year: -11%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 9%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 6 6 6 6 15 15 15 15 15 15 15 15 15
Reserves 6 8 10 12 20 24 29 35 41 49 57 61 65
18 23 21 26 20 23 34 38 51 63 79 89 87
18 20 26 27 32 30 29 42 53 35 39 54 64
Total Liabilities 49 56 63 70 87 92 107 130 160 162 190 219 232
12 12 11 11 11 11 11 38 37 36 45 58 56
CWIP 0 0 0 0 0 1 15 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 1 1 1 1
36 44 51 60 76 80 82 92 122 126 145 161 175
Total Assets 49 56 63 70 87 92 107 130 160 162 190 219 232

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2 0 3 2 -4 1 4 20 -6 9 -0 17
-3 -1 -0 -1 -4 -2 -14 -14 -4 -5 -13 -20
1 2 -4 -1 8 2 9 -2 9 -4 11 3
Net Cash Flow -0 2 -1 -0 1 1 -1 4 -1 -0 -2 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 97 127 176 191 170 123 146 114 113 91 99 105
Inventory Days 138 129 154 168 168 172 181 165 194 175 210 218
Days Payable 122 123 181 175 149 115 115 132 129 64 70 92
Cash Conversion Cycle 112 133 148 183 189 180 212 146 178 202 238 231
Working Capital Days 104 126 62 73 108 101 113 78 86 76 80 70
ROCE % 16% 15% 13% 13% 15% 14% 11% 12% 13% 12% 12% 8%

Insights

In beta
Mar 2017Mar 2019Mar 2020Mar 2022Mar 2023Mar 2024Mar 2025
Laminate Installed Capacity
Lakh Sheets per Annum

Log in to view insights

Please log in to see hidden values.

Login
Company Depots / Branches
Number
Exports Contribution to Total Revenue
Percentage
Global Presence (Countries)
Number
Plywood Installed Capacity
Lakh Sq. Meters per Annum
Solar Power Capacity
MW
Total Operating Employees
Number
Number of Dealers
Number
Number of Distributors
Number

Shareholding Pattern

Numbers in percentages

5 Recently
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
52.49% 52.73% 53.01% 53.01% 53.02% 53.02% 53.03% 49.46% 53.14% 53.14% 53.14% 53.41%
47.51% 47.27% 46.99% 46.99% 46.98% 46.98% 46.97% 50.54% 46.86% 46.86% 46.86% 46.59%
No. of Shareholders 4,1254,1613,8213,5504,6134,4244,3344,8294,6074,7634,6054,406

Documents