Airo Lam Ltd

₹ 108 -3.54%

13 Nov - 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

Business Overview:^[1]^[2]
ALL is in the business of manufacturing and selling decorative laminates and plywood boards, which are used in furniture and fixtures. The company sells its products under brands including Ilam and Airolam/ Classico, etc. It is a recognised star export house by the Government of India and is a member of the India Green Building Council (IGBC) of CII (Confederation of Indian Industry).

Website NSE

Market Cap ₹ 163 Cr.
Current Price ₹ 108
High / Low ₹ 124 / 78.0
Stock P/E 21.7
Book Value ₹ 58.9
Dividend Yield 0.00 %
ROCE 10.2 %
ROE 7.87 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has a low return on equity of 8.15% 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.

Peer comparison

Consumer Discretionary Consumer Durables Consumer Durables Plywood Boards/ Laminates

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	49.61	56.27	50.67	51.67	51.19	55.02	56.51	52.88	62.53	69.67	58.25	67.54	81.54
YoY Sales growth	+8.30%	+18.07%	-2.95%	+6.23%	+3.18%	-2.22%	+11.53%	+2.34%	+22.15%	+26.63%	+3.08%	+27.72%	+30.40%
	45.44	51.06	45.81	47.00	51.14	51.46	50.39	47.89	56.09	64.25	54.72	62.45	74.70
Operating Profit	4.17	5.21	4.86	4.67	0.05	3.56	6.12	4.99	6.44	5.42	3.53	5.09	6.84
OPM %	8.41%	9.26%	9.59%	9.04%	0.10%	6.47%	10.83%	9.44%	10.30%	7.78%	6.06%	7.54%	8.39%
	0.58	0.07	0.63	1.57	-0.01	0.19	0.74	0.38	-0.02	0.15	0.77	0.11	0.21
Interest	1.22	1.23	1.65	1.92	2.05	1.02	2.23	2.19	1.98	2.23	2.26	1.89	1.40
Depreciation	0.85	0.87	1.30	1.02	1.19	1.21	1.16	1.14	1.37	1.29	1.16	1.23	1.23
Profit before tax	2.68	3.18	2.54	3.30	-3.20	1.52	3.47	2.04	3.07	2.05	0.88	2.08	4.42
Tax %	33.96%	35.53%	27.95%	31.52%	-12.19%	18.42%	17.58%	28.43%	12.05%	22.93%	43.18%	23.56%	13.35%
	1.77	2.05	1.84	2.25	-2.81	1.24	2.86	1.45	2.69	1.58	0.50	1.59	3.83
EPS in Rs	1.18	1.37	1.23	1.50	-1.87	0.83	1.91	0.97	1.79	1.05	0.33	1.06	2.55
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	67	63	70	93	111	105	133	168	198	203	211	243	277
Sales growth	+5%	-5%	+11%	+32%	+20%	-5%	+26%	+26%	+18%	+3%	+4%	+15%	+22%
	61	58	64	84	101	97	121	153	181	184	196	223	256
Operating Profit	6	6	7	9	9	9	12	15	17	20	14	20	21
OPM %	9%	9%	9%	10%	8%	8%	9%	9%	8%	10%	7%	8%	8%
	0	0	1	0	1	1	1	1	1	1	2	1	1
Interest	3	2	3	3	2	2	2	3	4	5	7	9	8
Depreciation	1	1	2	2	2	2	2	3	3	4	5	5	5
Profit before tax	2	2	3	5	6	6	8	9	10	12	5	8	9
Tax %	32%	33%	33%	34%	29%	25%	29%	28%	24%	31%	31%	22%
	2	2	2	3	4	5	5	7	7	8	4	6	8
EPS in Rs	1.45	1.52	1.72	2.17	2.82	3.19	3.64	4.49	4.93	5.53	2.36	4.15	4.99
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	14%
5 Years:	13%
3 Years:	7%
TTM:	22%

Compounded Profit Growth
10 Years:	14%
5 Years:	3%
3 Years:	-6%
TTM:	-9%

Stock Price CAGR
10 Years:	%
5 Years:	13%
3 Years:	-5%
1 Year:	3%

Return on Equity
10 Years:	10%
5 Years:	10%
3 Years:	8%
Last Year:	8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	6	6	6	15	15	15	15	15	15	15	15	15	15
Reserves	8	10	12	20	24	29	35	41	49	57	61	68	73
	23	21	26	20	23	34	38	51	63	79	89	80	87
	20	26	27	32	30	29	42	53	35	39	52	65	76
Total Liabilities	56	63	70	87	92	107	130	160	162	190	217	228	252
	12	11	11	11	11	11	38	37	36	45	58	55	56
CWIP	0	0	0	0	1	15	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	1	1	1	1	4
	44	51	60	76	80	82	92	122	126	145	158	172	192
Total Assets	56	63	70	87	92	107	130	160	162	190	217	228	252

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	3	2	-4	1	4	20	-6	9	-0	17	20
	-1	-0	-1	-4	-2	-14	-14	-4	-5	-13	-20	-3
	2	-4	-1	8	2	9	-2	9	-4	11	3	-17
Net Cash Flow	2	-1	-0	1	1	-1	4	-1	-0	-2	-0	0
Free Cash Flow	-1	2	1	-6	-2	-11	6	-9	7	-13	-0	17
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	9%	56%	32%	-30%	31%	63%	192%	-28%	60%	13%	130%	103%

Ratios

Standalone / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	127	176	191	170	123	146	114	113	91	99	105	106
Inventory Days	129	154	168	168	172	181	165	194	175	210	218	191
Days Payable	123	181	175	149	115	115	132	129	64	70	92	108
Cash Conversion Cycle	133	148	183	189	180	212	146	178	202	238	231	189
Working Capital Days	126	62	73	108	101	113	78	86	76	80	70	65
ROCE %	15%	13%	13%	15%	14%	11%	12%	13%	12%	12%	8%	10%

Insights

In beta

Mar 2017

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Exports as % of Total Sales
%

				xx	xx	xx	xx	xx
xx		xx			xx	xx	xx
			xx.xx		xx.xx	xx.xx	xx.xx
					xx	xx	xx	xx
	x					xx	xx
						xx.xx	xx.xx
						x.xx	xx.xx

Please log in to see hidden values.

Installed Capacity - Laminates
lakh sheets per annum

Installed Capacity - Plywood
lakh sqm per annum

Number of Overseas Export Markets
countries

Number of Company Depots
count

Laminates Share of Total Revenue (Consolidated)
%

Plywood Share of Total Revenue (Consolidated)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

8 Recently

	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	53.01%	53.02%	53.02%	53.03%	49.46%	53.14%	53.14%	53.14%	53.41%	53.41%	53.41%	53.50%
	46.99%	46.98%	46.98%	46.97%	50.54%	46.86%	46.86%	46.86%	46.59%	46.59%	46.59%	46.50%
No. of Shareholders	3,550	4,613	4,424	4,334	4,829	4,607	4,763	4,605	4,406	4,251	4,276	4,116

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
	51.09%	52.01%	52.01%	52.23%	52.25%	52.49%	53.02%	53.14%	53.41%	53.50%
	48.91%	47.99%	47.99%	47.78%	47.75%	47.51%	46.98%	46.86%	46.59%	46.50%
No. of Shareholders	657	618	578	537	2,428	4,125	4,613	4,607	4,251	4,116

Airo Lam Ltd

Airo Lam Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings