Aeroflex Industries Ltd
NSE: AEROFLEX BSE: 543972
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
₹359
52W: ₹158 — ₹459
PE 86.1 · Book ₹33.7 · +965% vs bookMarket Cap₹4,757 Cr
Stock P/E86.1Price to Earnings
ROCE18.8%Return on Capital
ROE14%Return on Equity
Div. Yield0.08%Face Value ₹2
Strengths
- +Company is almost debt free.
- +Company has delivered good profit growth of 50.2% CAGR over last 5 years
Weaknesses
- −Stock is trading at 10.6 times its book value
- −Promoter holding has decreased over last quarter: -1.52%
Shareholding Pattern
Promoters65.47%
FIIs1.49%
DIIs3.8%
Public29.23%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 66.99% | 66.99% | 66.99% | 66.99% | 66.99% | 66.99% | 66.99% | 65.47%▼1.5 |
| FIIs | 0.21% | 0.13%▼0.1 | 1.57%▲1.4 | 0.66%▼0.9 | 0.39%▼0.3 | 0.23%▼0.2 | 0.99%▲0.8 | 1.49%▲0.5 |
| DIIs | 5.91% | 5.59%▼0.3 | 5.66%▲0.1 | 5.91%▲0.3 | 3.87%▼2.0 | 3.43%▼0.4 | 3.55%▲0.1 | 3.8%▲0.3 |
| Public | 26.89% | 27.27%▲0.4 | 25.76%▼1.5 | 26.43%▲0.7 | 28.74%▲2.3 | 29.34%▲0.6 | 28.46%▼0.9 | 29.23%▲0.8 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 78 | 88 | 94 | 97 | 94 | 79 | 102 | 113 | 119 |
| Expenses | 59 | 63 | 70 | 73 | 76 | 76 | 64 | 77 | 85 | 90 |
| Operating Profit | 14 | 14 | 18 | 20 | 21 | 18 | 16 | 25 | 28 | 29 |
| OPM % | 19% | 19% | 21% | 22% | 22% | 20% | 20% | 24% | 25% | 25% |
| Net Profit | 9 | 10 | 12 | 14 | 15 | 11 | 8 | 14 | 16 | 18 |
| EPS ₹ | 0.7 | 0.78 | 0.96 | 1.05 | 1.15 | 0.86 | 0.59 | 1.06 | 1.26 | 1.34 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹412Cr, up 10.5% YoY. OPM at 24%.
Debt Position
Borrowings at ₹9Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.
Capex Cycle
CWIP at ₹22Cr (12% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 3.8% (-2.96pp change). FIIs: 1.49% (+0.36pp change). Promoters hold 65.47%.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 19% (Mar 2026). Working capital days: 120.
Valuation
PE 86.1x with 18.8% ROCE. Price is 965% above book value of ₹33.7. Dividend yield: 0.08%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 May
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 11 May - Transcript of the Investor''s Conference call held on Wednesday, May 06, 2026, for Q4 & FY26 Results.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 May - Newspaper advertisement of extract of Audited Standalone and Consolidated financial results for the quarter and year ended 31st March, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 6 May - Audio recording of Q4 and FY2026 investor conference call uploaded on company website.
- Statement Of Deviation And Variation For The Quarter And Year Ended March 31, 2026 5 May - Filed Q4 FY26 fund utilisation statement for Rs 54.99 crore preferential issue; no deviation reported.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from web