Nifty

:

23777.80

Sensex

:

76704.13

196.65 (0.83%)
633.29 (0.83%)

Login

Nifty
Sensex

:
:

23777.80
76704.13

196.65 (0.83%)
633.29 (0.83%)

Aeroflex Industries Ltd.

Steel & Iron Products

Rating :

72/99

BSE: 543972 | NSE: AEROFLEX

Watchlist

NSE BSE

247.77

18-Mar-2026

Open
High
Low
Previous Close

251.02
262.4
246.1
251.77

Volume
Traded Value (lacs)
52 Week High
52 Week Low

3002260
760964576.8
262.4
148.01

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

3,279.82
66.77
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

3,251.74
0.12%
7.60

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

13.90
21.05
11.77

EBITDA CAGR (%)

10 Years
5 Years
3 Years

21.87
28.66
8.38

PAT CAGR (%)

10 Years
5 Years
3 Years

-
54.27
20.31

P:E (Median)

8 Years
5 Years
3 Years

-
-
52.39

P:BV (Average)

8 Years
5 Years
3 Years

-
-
7.02

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
31.67

Earnings Forecasts:

(Updated: 14-03-2026)

Description 2024 2025 2026 2027
Adj EPS 4.06 4.7 6.1 8.4
P/E Ratio 61.03 52.72 40.62 29.50
Revenue 366.59 422.05 531.25 683.8
EBITDA 79.05 94.05 120.75 162.85
Net Income 52.51 54.75 71.7 101.45
ROA 13.1
P/B Ratio 9.36 8.23 7.12 5.80
ROE 16.52 14.4 16 19.3
FCFF -74.93
FCFF Yield -2.5
Net Debt -26.17
BVPS 26.48 30.1 34.8 42.7

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 112.71 96.89 16.33% 101.76 93.50 8.83% 79.19 88.28 -10.30% 94.23 77.75 21.20%
Expenses 84.93 75.45 12.56% 76.89 73.26 4.95% 63.65 70.04 -9.12% 75.85 63.29 19.85%
EBITDA 27.78 21.43 29.63% 24.87 20.24 22.88% 15.54 18.24 -14.80% 18.38 14.47 27.02%
EBIDTM 24.65% 22.12% 24.44% 21.65% 19.62% 20.66% 19.50% 18.60%
Other Income 0.32 0.51 -37.25% 0.18 0.80 -77.50% 0.33 0.80 -58.75% 0.27 1.31 -79.39%
Interest 0.24 0.09 166.67% 0.23 0.08 187.50% 0.18 0.06 200.00% 0.13 0.06 116.67%
Depreciation 5.79 2.44 137.30% 5.64 2.37 137.97% 5.48 2.32 136.21% 3.88 1.74 122.99%
PBT 22.07 19.23 14.77% 19.18 18.60 3.12% 10.21 16.66 -38.72% 14.65 13.97 4.87%
Tax 5.75 4.41 30.39% 5.53 5.01 10.38% 2.58 4.28 -39.72% 3.54 3.92 -9.69%
PAT 16.32 14.82 10.12% 13.65 13.59 0.44% 7.62 12.38 -38.45% 11.11 10.06 10.44%
PATM 14.48% 15.29% 13.41% 14.53% 9.63% 14.02% 11.79% 12.94%
EPS 1.26 1.15 9.57% 1.06 1.05 0.95% 0.59 0.96 -38.54% 0.86 0.78 10.26%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 120.89 99.80 21.13% 110.87 94.99 16.72% 84.33 89.75 -6.04% 91.69 77.77 17.90%
Expenses 92.54 78.10 18.49% 84.99 74.63 13.88% 68.85 71.65 -3.91% 72.80 63.33 14.95%
EBITDA 28.35 21.69 30.71% 25.88 20.37 27.05% 15.48 18.10 -14.48% 18.89 14.44 30.82%
EBIDTM 23.45% 21.74% 23.34% 21.44% 18.36% 20.16% 20.60% 18.57%
Other Income 0.23 0.57 -59.65% 0.18 0.81 -77.78% 0.33 1.03 -67.96% 0.12 1.31 -90.84%
Interest 0.23 0.09 155.56% 0.24 0.08 200.00% 0.18 0.06 200.00% 0.13 0.06 116.67%
Depreciation 6.26 2.51 149.40% 6.10 2.43 151.03% 5.93 2.38 149.16% 3.95 1.74 127.01%
PBT 22.08 19.67 12.25% 19.72 18.67 5.62% 9.71 16.69 -41.82% 14.92 13.95 6.95%
Tax 5.59 4.46 25.34% 5.49 5.01 9.58% 2.54 4.28 -40.65% 3.69 3.92 -5.87%
PAT 16.49 15.21 8.42% 14.23 13.66 4.17% 7.17 12.41 -42.22% 11.23 10.03 11.96%
PATM 13.64% 15.24% 12.84% 14.38% 8.50% 13.83% 12.25% 12.90%
EPS 1.28 1.18 8.47% 1.10 1.06 3.77% 0.55 0.96 -42.71% 0.87 0.78 11.54%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 387.89 372.90 317.84 269.38 240.80 144.73 144.34 140.42 113.63 104.64 101.50 Net Sales Growth 8.83% 17.32% 17.99% 11.87% 66.38% 0.27% 2.79% 23.58% 8.59% 3.09% Cost Of Goods Sold 221.26 224.43 201.40 170.73 156.06 93.56 94.80 91.33 74.96 67.42 66.50 Gross Profit 166.63 148.47 116.44 98.65 84.73 51.17 49.54 49.09 38.67 37.21 35.01 GP Margin 42.96% 39.81% 36.63% 36.62% 35.19% 35.36% 34.32% 34.96% 34.03% 35.56% 34.49% Total Expenditure 301.32 294.04 255.53 216.13 193.67 122.04 122.25 116.83 103.62 88.01 90.59 Power & Fuel Cost - 4.62 4.12 2.64 3.00 2.14 2.23 2.14 1.77 1.50 1.53 % Of Sales - 1.24% 1.30% 0.98% 1.25% 1.48% 1.54% 1.52% 1.56% 1.43% 1.51% Employee Cost - 33.62 26.20 23.15 17.52 13.14 12.67 10.90 8.94 8.20 6.56 % Of Sales - 9.02% 8.24% 8.59% 7.28% 9.08% 8.78% 7.76% 7.87% 7.84% 6.46% Manufacturing Exp. - 1.12 0.93 0.86 7.21 5.37 5.20 4.02 4.30 3.46 8.39 % Of Sales - 0.30% 0.29% 0.32% 2.99% 3.71% 3.60% 2.86% 3.78% 3.31% 8.27% General & Admin Exp. - 19.36 16.40 13.78 5.08 3.43 4.68 4.01 3.67 4.17 3.11 % Of Sales - 5.19% 5.16% 5.12% 2.11% 2.37% 3.24% 2.86% 3.23% 3.99% 3.06% Selling & Distn. Exp. - 8.82 5.12 3.76 4.08 3.13 2.56 4.21 3.05 3.18 2.12 % Of Sales - 2.37% 1.61% 1.40% 1.69% 2.16% 1.77% 3.00% 2.68% 3.04% 2.09% Miscellaneous Exp. - 2.07 1.36 1.21 0.71 1.28 0.11 0.22 6.92 0.08 2.12 % Of Sales - 0.56% 0.43% 0.45% 0.29% 0.88% 0.08% 0.16% 6.09% 0.08% 2.35% EBITDA 86.57 78.86 62.31 53.25 47.13 22.69 22.09 23.59 10.01 16.63 10.91 EBITDA Margin 22.32% 21.15% 19.60% 19.77% 19.57% 15.68% 15.30% 16.80% 8.81% 15.89% 10.75% Other Income 1.10 2.39 3.84 0.04 0.20 0.06 0.60 0.03 0.12 0.08 2.66 Interest 0.78 0.92 2.63 3.76 6.63 9.29 11.62 14.64 5.80 16.34 16.49 Depreciation 20.79 11.00 6.26 5.22 4.18 3.78 3.92 4.01 4.21 4.88 5.46 PBT 66.11 69.33 57.27 44.31 36.51 9.69 7.15 4.97 0.11 -4.50 -8.38 Tax 17.40 17.24 15.52 11.07 9.35 2.04 -1.13 -2.11 0.05 0.00 0.00 Tax Rate 26.32% 24.93% 27.10% 26.85% 25.33% 25.31% -31.56% -42.45% 45.45% 0.00% 0.00% PAT 48.70 51.90 41.75 30.16 27.57 6.02 4.71 7.08 0.06 -4.50 -8.38 PAT before Minority Interest 48.70 51.90 41.75 30.16 27.57 6.02 4.71 7.08 0.06 -4.50 -8.38 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 12.56% 13.92% 13.14% 11.20% 11.45% 4.16% 3.26% 5.04% 0.05% -4.30% -8.26% PAT Growth -4.23% 24.31% 38.43% 9.39% 357.97% 27.81% -33.47% 11,700.00% - - EPS 3.77 4.01 3.23 2.33 2.13 0.47 0.36 0.55 0.00 -0.35 -0.65

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 407.78 376.23 317.91 269.46 240.80 144.77 144.34 Net Sales Growth 12.55% 18.34% 17.98% 11.90% 66.33% 0.30% Cost Of Goods Sold 232.71 223.79 201.40 170.73 156.06 93.56 94.80 Gross Profit 175.07 152.43 116.50 98.73 84.74 51.22 49.54 GP Margin 42.93% 40.52% 36.65% 36.64% 35.19% 35.38% 34.32% Total Expenditure 319.18 296.60 255.60 216.22 193.75 122.18 122.28 Power & Fuel Cost - 4.81 4.12 2.64 2.93 2.11 2.18 % Of Sales - 1.28% 1.30% 0.98% 1.22% 1.46% 1.51% Employee Cost - 35.28 26.20 23.15 17.52 13.14 12.67 % Of Sales - 9.38% 8.24% 8.59% 7.28% 9.08% 8.78% Manufacturing Exp. - 1.96 0.93 0.86 7.03 5.23 5.07 % Of Sales - 0.52% 0.29% 0.32% 2.92% 3.61% 3.51% General & Admin Exp. - 19.77 16.47 13.85 5.61 3.87 5.02 % Of Sales - 5.25% 5.18% 5.14% 2.33% 2.67% 3.48% Selling & Distn. Exp. - 9.01 5.12 3.76 4.08 3.11 2.53 % Of Sales - 2.39% 1.61% 1.40% 1.69% 2.15% 1.75% Miscellaneous Exp. - 1.98 1.36 1.22 0.52 1.16 0.00 % Of Sales - 0.53% 0.43% 0.45% 0.22% 0.80% 0% EBITDA 88.60 79.63 62.31 53.24 47.05 22.59 22.06 EBITDA Margin 21.73% 21.17% 19.60% 19.76% 19.54% 15.60% 15.28% Other Income 0.86 2.53 3.84 0.04 0.19 0.06 0.60 Interest 0.78 0.94 2.63 3.76 6.61 9.20 11.62 Depreciation 22.24 11.27 6.26 5.22 4.18 3.78 3.92 PBT 66.43 69.95 57.25 44.30 36.45 9.68 7.13 Tax 17.31 17.44 15.52 11.07 9.36 2.04 -1.14 Tax Rate 26.06% 24.93% 27.11% 26.86% 25.39% 25.34% -32.02% PAT 49.12 52.51 41.73 30.15 27.51 6.01 4.69 PAT before Minority Interest 49.12 52.51 41.73 30.15 27.51 6.01 4.69 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 12.05% 13.96% 13.13% 11.19% 11.42% 4.15% 3.25% PAT Growth -4.27% 25.83% 38.41% 9.60% 357.74% 28.14% EPS 3.80 4.06 3.23 2.33 2.13 0.46 0.36

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 341.92 293.26 114.19 86.32 58.75 52.73 47.73 40.42 -115.10 -110.60 Share Capital 25.86 25.86 22.86 22.86 22.86 22.86 22.86 28.00 28.00 28.00 Total Reserves 316.06 267.39 91.32 63.45 35.88 29.86 24.86 12.42 -143.10 -138.60 Non-Current Liabilities 1.80 0.78 20.95 21.98 35.57 35.54 42.17 3.44 0.24 0.24 Secured Loans 0.33 0.06 19.69 20.99 35.28 37.58 40.97 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Liabilities 80.44 80.81 78.95 75.22 66.42 65.93 61.49 102.89 252.47 235.64 Trade Payables 55.68 54.92 36.63 34.18 40.10 33.70 24.35 20.36 16.09 17.01 Other Current Liabilities 19.44 24.02 29.19 29.49 18.22 11.44 8.90 4.76 6.59 1.53 Short Term Borrowings 0.00 0.00 7.06 4.00 8.11 20.79 28.24 77.77 229.79 217.10 Short Term Provisions 5.32 1.87 6.07 7.54 0.00 0.00 0.00 0.00 0.00 0.00 Total Liabilities 424.16 374.85 214.09 183.52 160.74 154.20 151.39 146.75 137.61 125.28 Net Block 149.43 82.97 56.32 46.11 43.26 44.39 46.81 47.57 53.32 55.38 Gross Block 236.12 160.80 127.99 112.57 105.53 102.91 109.48 106.46 115.31 112.48 Accumulated Depreciation 86.70 77.83 71.67 66.46 62.27 58.52 62.67 58.88 61.98 57.10 Non Current Assets 191.43 95.08 59.38 54.27 45.85 47.43 51.62 49.99 57.81 59.87 Capital Work in Progress 8.88 5.42 0.64 6.61 0.26 0.00 0.00 0.00 0.00 0.00 Non Current Investment 27.80 0.19 0.19 0.10 0.10 0.10 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 4.89 5.90 0.60 0.61 1.50 2.46 4.61 2.36 4.48 4.47 Other Non Current Assets 0.43 0.60 1.63 0.84 0.73 0.48 0.21 0.06 0.00 0.03 Current Assets 232.73 279.76 154.36 128.95 114.89 106.77 99.77 96.76 79.80 65.41 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 59.30 58.94 56.01 35.82 34.32 31.75 25.66 13.80 9.07 10.38 Sundry Debtors 120.95 94.65 66.96 52.61 33.40 28.32 27.14 30.98 27.08 22.35 Cash & Bank 25.35 105.49 6.18 8.31 3.42 4.72 2.67 7.65 8.08 3.44 Other Current Assets 27.13 0.98 0.43 0.34 43.74 41.99 44.30 44.33 35.58 29.24 Short Term Loans & Adv. 26.02 19.71 24.78 31.86 43.42 41.86 44.03 44.07 35.46 29.24 Net Current Assets 152.29 198.96 75.41 53.72 48.47 40.84 38.28 -6.13 -172.67 -170.23 Total Assets 424.16 374.84 214.09 183.52 160.74 154.20 151.39 146.75 137.61 125.28

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 342.42 293.15 114.09 86.22 58.72 52.70 Share Capital 25.86 25.86 22.86 22.86 22.86 22.86 Total Reserves 316.55 267.29 91.23 63.36 35.85 29.84 Non-Current Liabilities 1.89 0.78 20.95 21.97 35.26 35.48 Secured Loans 0.33 0.06 19.69 20.98 35.28 37.58 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 Current Liabilities 82.24 81.04 78.93 75.24 66.70 66.00 Trade Payables 56.83 55.14 36.63 34.19 40.34 33.75 Other Current Liabilities 20.03 24.03 29.17 29.51 18.26 11.46 Short Term Borrowings 0.00 0.00 7.06 4.00 8.11 20.79 Short Term Provisions 5.39 1.87 6.07 7.54 0.00 0.00 Total Liabilities 426.55 374.97 213.97 183.43 160.68 154.18 Net Block 171.81 82.97 56.32 46.11 43.26 44.39 Gross Block 262.65 160.80 127.99 112.57 105.53 102.91 Accumulated Depreciation 90.84 77.83 71.67 66.46 62.27 58.52 Non Current Assets 187.07 94.89 59.18 53.59 44.75 45.84 Capital Work in Progress 9.84 5.42 0.64 6.61 0.26 0.00 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 4.99 5.90 0.60 0.62 0.98 1.20 Other Non Current Assets 0.43 0.60 1.63 0.25 0.25 0.25 Current Assets 239.48 280.08 154.44 128.96 115.44 108.11 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 66.68 58.94 56.01 35.82 34.32 31.75 Sundry Debtors 116.52 94.72 66.97 52.61 33.78 29.58 Cash & Bank 26.75 105.72 6.25 8.33 3.59 4.80 Other Current Assets 29.53 0.98 0.43 0.34 43.74 41.99 Short Term Loans & Adv. 28.40 19.71 24.78 31.86 43.42 41.86 Net Current Assets 157.24 199.04 75.51 53.72 48.74 42.11 Total Assets 426.55 374.97 213.97 183.44 160.68 154.18

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 16 Mar 15
Cash From Operating Activity 29.70 43.93 7.26 32.22 20.12 16.28 PBT 69.14 57.27 41.23 36.92 -8.38 -10.77 Adjustment 9.53 5.63 -2.20 -4.15 22.06 23.51 Changes in Working Capital -32.48 -3.90 -31.76 -0.56 6.43 3.54 Cash after chg. in Working capital 46.19 59.00 7.26 32.22 20.12 16.28 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -16.49 -15.08 0.00 0.00 0.00 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -77.95 -64.14 -9.55 -13.38 -1.34 -1.23 Net Fixed Assets -78.78 -37.59 -9.45 -6.70 -1.41 Net Investments -27.61 0.00 -0.09 -0.10 0.00 Others 28.44 -26.55 -0.01 -6.58 0.07 Cash from Financing Activity -3.12 90.30 0.16 -13.94 -16.45 -16.68 Net Cash Inflow / Outflow -51.36 70.08 -2.13 4.89 2.33 -1.63 Opening Cash & Equivalents 76.26 6.18 8.31 3.42 1.11 2.74 Closing Cash & Equivalent 24.90 76.26 6.18 8.31 3.44 1.11

Description Mar 25 Mar 24 Mar 23 Mar 22
Cash From Operating Activity 26.58 44.09 7.22 32.06 PBT 69.95 57.25 41.23 36.86 Adjustment 9.51 5.64 -2.20 -4.14 Changes in Working Capital -36.28 -3.72 -31.81 -0.66 Cash after chg. in Working capital 43.18 59.17 7.22 32.06 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -16.60 -15.08 0.00 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity -73.65 -64.02 -9.45 -13.38 Net Fixed Assets -78.78 -37.59 -9.45 Net Investments -27.61 0.00 -0.09 Others 32.74 -26.43 0.09 Cash from Financing Activity -3.13 90.30 0.16 -13.94 Net Cash Inflow / Outflow -50.20 70.37 -2.08 4.74 Opening Cash & Equivalents 76.50 6.13 8.33 3.59 Closing Cash & Equivalent 26.30 76.50 6.25 8.33

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10 Mar 09
Book Value (Rs.) 26.44 22.68 9.96 7.47 -160.63 -78.59 -75.57 -70.17 -42.39 42.52 ROA 12.99% 14.18% 15.17% 16.02% -49.82% -1.83% -3.06% -13.42% -36.48% 2.49% ROE 16.34% 20.51% 30.18% 38.24% 0.00% 0.00% 0.00% 0.00% 0.00% 10.05% ROCE 22.04% 26.49% 31.68% 36.85% -40.63% -1.92% -3.34% -10.12% -37.74% 8.18% Fixed Asset Turnover 1.88 2.20 2.24 2.21 0.69 0.57 0.52 0.43 1.90 5.14 Receivable days 105.51 92.79 81.01 65.19 69.44 80.35 80.53 186.65 88.83 86.86 Inventory Days 57.87 66.00 62.21 53.16 63.69 81.44 99.82 135.93 59.26 74.43 Payable days 89.93 82.96 75.70 86.86 46.27 49.83 57.05 154.38 63.95 68.90 Cash Conversion Cycle 73.45 75.84 67.52 31.49 86.87 111.96 123.30 168.20 84.14 92.39 Total Debt/Equity 0.00 0.00 0.40 0.46 -2.08 -3.99 -4.26 -4.84 -14.27 1.58 Interest Cover 75.95 22.77 11.97 6.57 -2.43 -13.69 -14.51 -1.36 -4.15 2.14

Description Mar 25 Mar 24 Mar 23 Mar 22
Book Value (Rs.) 26.48 22.67 9.95 7.46 ROA 13.10% 14.17% 15.17% 15.99% ROE 16.52% 20.51% 30.29% 38.19% ROCE 22.28% 26.50% 31.77% 36.80% Fixed Asset Turnover 1.78 2.20 2.24 2.21 Receivable days 102.47 92.82 80.99 65.28 Inventory Days 60.94 65.99 62.19 53.00 Payable days 91.31 83.16 75.70 87.15 Cash Conversion Cycle 72.09 75.65 67.48 31.13 Total Debt/Equity 0.00 0.00 0.40 0.46 Interest Cover 75.56 22.74 11.96 6.58

Top Investors:

ashish kacholia

nippon life india trustee ltd-a/c nippon india small cap fund

bengal finance and investment pvt ltd

Annual Reports:

News Update:

Aeroflex Industries - Quarterly Results
29th Jan 2026, 00:00 AM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback