Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 2,344 Cr.
- Current Price ₹ 181
- High / Low ₹ 210 / 114
- Stock P/E 54.3
- Book Value ₹ 22.7
- Dividend Yield 0.14 %
- ROCE 26.5 %
- ROE 20.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 42.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Stock is trading at 7.99 times its book value
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
122 | 145 | 144 | 145 | 241 | 269 | 318 | 323 | |
112 | 121 | 126 | 124 | 194 | 216 | 256 | 259 | |
Operating Profit | 10 | 24 | 18 | 21 | 47 | 53 | 62 | 64 |
OPM % | 8% | 16% | 13% | 15% | 20% | 20% | 20% | 20% |
0 | 0 | 1 | 0 | 1 | -3 | 4 | 4 | |
Interest | 6 | 15 | 12 | 9 | 7 | 4 | 3 | 1 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 7 |
Profit before tax | 0 | 5 | 4 | 8 | 37 | 41 | 57 | 59 |
Tax % | 0% | -42% | -32% | 25% | 25% | 27% | 27% | |
0 | 7 | 5 | 6 | 28 | 30 | 42 | 43 | |
EPS in Rs | 0.09 | 3.10 | 2.06 | 2.63 | 12.06 | 2.64 | 3.23 | 3.33 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 8% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 30% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 79% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 27% |
Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 28 | 23 | 23 | 23 | 23 | 23 | 26 |
Reserves | 12 | 25 | 30 | 36 | 63 | 91 | 267 |
99 | 73 | 63 | 53 | 39 | 45 | 0 | |
8 | 33 | 41 | 50 | 58 | 55 | 81 | |
Total Liabilities | 147 | 153 | 157 | 162 | 184 | 214 | 375 |
48 | 47 | 44 | 43 | 46 | 56 | 83 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 1 | 5 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
99 | 106 | 113 | 118 | 131 | 157 | 286 | |
Total Assets | 147 | 153 | 157 | 162 | 184 | 214 | 375 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-5 | 3 | 13 | 12 | 32 | 7 | 44 | |
2 | -3 | -1 | -3 | -13 | -10 | -35 | |
3 | -5 | -10 | -10 | -14 | 0 | 90 | |
Net Cash Flow | -0 | -5 | 2 | -1 | 5 | -2 | 99 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 93 | 68 | 72 | 86 | 80 | 91 | 109 |
Inventory Days | 67 | 103 | 122 | 134 | 84 | 120 | 107 |
Days Payable | 130 | 97 | 130 | 158 | 80 | 78 | 100 |
Cash Conversion Cycle | 30 | 74 | 64 | 62 | 84 | 132 | 116 |
Working Capital Days | 183 | 183 | 157 | 159 | 96 | 128 | 107 |
ROCE % | 15% | 16% | 17% | 36% | 34% | 26% |
Documents
Announcements
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Closure of Trading Window
4h - Closure of trading window until financial results announcement.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Sep - The officials of the Company will be interacting with the Investors/Analysts (Participants) at the Taloja plant in MIDC, Maharashtra on Friday, September 13, 2024. Discussions …
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
7 Aug - Submission of Monitoring Agency Report for Q1 FY2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 Aug - Transcript of Investors'' Conference Call held on Monday August 05, 2024 at 11: 00 AM for Q1 FY25 Results
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
5 Aug - Audio recording of Q1 FY25 earnings call uploaded.
Annual reports
Concalls
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Feb 2024TranscriptPPT
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Feb 2024Transcript PPT REC
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
Business Profile[1]
Co. is one of the leading Indian manufacturers of metallic flexible flow solutions made with stainless steel used for controlled flow of all forms of substances including Solid, Liquid, and Gas. Incorporated in 1993, co. is part of Sat Industries Limited.