Aeroflex Neu Ltd
NSE: AERONEU BSE: 543743
Incorporated in 1992, Sah Polymers Ltd does manufacturing and marketing of FIBC and other flexible packaging products[1]
₹85.1
52W: ₹58.6 — ₹125
PE 181 · Book ₹39.1 · +118% vs bookMarket Cap₹219 Cr
Stock P/E181Price to Earnings
ROCE3.83%Return on Capital
ROE1.31%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 0.79% over last 3 years.
- −Earnings include an other income of Rs.4.24 Cr.
Shareholding Pattern
Promoters60.46%
FIIs4.12%
DIIs0.39%
Public35.02%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% |
| FIIs | 3.63% | 3.64%▲0.0 | 3.63%▼0.0 | 3.63% | 3.63% | 3.67%▲0.0 | 3.69%▲0.0 | 4.12%▲0.4 |
| DIIs | 0% | 0% | 0.04%▲0.0 | 0.04% | 0.39%▲0.4 | 0.39% | 0.39% | 0.39% |
| Public | 35.91% | 35.91% | 35.86%▼0.0 | 35.87%▲0.0 | 35.52%▼0.3 | 35.47%▼0.1 | 35.45%▼0.0 | 35.02%▼0.4 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.32 | 29.51 | 24.02 | 31.33 | 27.84 | 30.48 | 24.79 | 26.84 | 23.95 | 25.67 |
| Expenses | 24.76 | 28.5 | 22.66 | 30.59 | 26.5 | 30.47 | 24.33 | 26.06 | 22.46 | 25.89 |
| Operating Profit | 0.56 | 1.01 | 1.36 | 0.74 | 1.34 | 0.01 | 0.46 | 0.78 | 1.49 | -0.22 |
| OPM % | 2.21% | 3.42% | 5.66% | 2.36% | 4.81% | 0.03% | 1.86% | 2.91% | 6.22% | -0.86% |
| Net Profit | 0.05 | 0.08 | 0.28 | 0.26 | 0.01 | -0.38 | 0.31 | 1.01 | 0.76 | -0.91 |
| EPS ₹ | 0.02 | 0.03 | 0.11 | 0.1 | 0 | -0.15 | 0.12 | 0.39 | 0.29 | -0.35 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹101Cr, down 11.4% YoY. OPM at 2%.
Debt Position
Borrowings at ₹17Cr. Debt-to-equity ratio: 0.23x. Healthy balance sheet.
Institutional Flow
DIIs: 0.39% (+0.39pp change). FIIs: 4.12% (-2.43pp change). Promoters hold 60.46%.
Margin & Efficiency
ROCE improving from 0% (Mar 2014) to 4% (Mar 2026). Working capital days: 119.
Valuation
PE 181x with 3.83% ROCE. Price is 118% above book value of ₹39.1. Dividend yield: 0%.
Recent Announcements
- Closure of Trading Window 13 May - Trading window closed from May 14 to May 22, 2026, due to proposed acquisition under consideration.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 May - Newspaper Advertisement of Extract of Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2026.
- Statement Of Deviation And Variation For The Quarter And Year Ended March 31, 2026 8 May - Filed Q4 FY26 statement for ₹6,480 lakh warrant issue; no fund-use deviation.
- Announcement under Regulation 30 (LODR)-Change in Management 8 May - Board approved FY26 audited standalone and consolidated results on May 8, 2026; unmodified audit opinion.
- Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2026 8 May - Board approved audited FY26 standalone and consolidated results on May 8, 2026; auditor issued unmodified opinion.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse