Aaron Industries Ltd

Aaron Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aaron Industries Ltd

₹ 325 2.59%
22 Nov 3:55 p.m.
aaronindustries.net NSE: AARON
About

Incorporated in 2013, Aaron Industries
Ltd manufactures Elevators and Elevators
parts and Stainless -Steel press plates[1]

Key Points

Business Overview:[1]
AIL is the 1st public limited company in the Elevator Industry that is listed on the NSE SME platform. It is also in the Stainless Steel Polishing business

Website NSE
  • Market Cap ₹ 341 Cr.
  • Current Price ₹ 325
  • High / Low ₹ 350 / 242
  • Stock P/E 47.2
  • Book Value ₹ 36.7
  • Dividend Yield 0.31 %
  • ROCE 19.8 %
  • ROE 22.5 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 43.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
  • Company has been maintaining a healthy dividend payout of 18.9%

Cons

  • Stock is trading at 8.86 times its book value
  • Company might be capitalizing the interest cost

* 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: Capital Goods-Non Electrical Equipment Industry: Engineering

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
9.71 9.16 13.02 12.01 14.10 13.68 16.06 15.52 14.00 14.62 19.08 17.19 18.29
8.21 7.84 10.88 9.86 11.79 11.43 13.27 12.74 11.83 12.10 15.45 13.89 15.08
Operating Profit 1.50 1.32 2.14 2.15 2.31 2.25 2.79 2.78 2.17 2.52 3.63 3.30 3.21
OPM % 15.45% 14.41% 16.44% 17.90% 16.38% 16.45% 17.37% 17.91% 15.50% 17.24% 19.03% 19.20% 17.55%
0.01 0.01 0.02 0.02 0.02 0.02 0.03 0.01 0.02 0.03 0.09 0.05 0.06
Interest 0.16 -0.27 0.12 0.23 0.27 0.24 0.26 0.24 0.42 0.42 0.25 0.30 0.31
Depreciation 0.21 0.22 0.22 0.24 0.28 0.32 0.31 0.33 0.35 0.36 0.39 0.44 0.46
Profit before tax 1.14 1.38 1.82 1.70 1.78 1.71 2.25 2.22 1.42 1.77 3.08 2.61 2.50
Tax % 28.07% 26.09% 18.13% 27.65% 27.53% 28.07% 25.78% 27.93% 15.49% 32.20% 24.68% 28.35% 27.60%
0.82 1.02 1.49 1.23 1.28 1.24 1.66 1.61 1.20 1.20 2.33 1.87 1.82
EPS in Rs 0.82 1.02 1.48 1.22 1.27 1.23 1.65 1.60 1.15 1.15 2.22 1.79 1.74
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
3.31 4.80 11.77 17.55 21.40 24.96 37.74 55.85 63.23 69.18
3.17 4.55 10.21 15.51 18.33 21.49 31.88 46.31 52.11 56.52
Operating Profit 0.14 0.25 1.56 2.04 3.07 3.47 5.86 9.54 11.12 12.66
OPM % 4.23% 5.21% 13.25% 11.62% 14.35% 13.90% 15.53% 17.08% 17.59% 18.30%
0.01 0.00 0.02 0.03 0.04 0.06 0.04 0.06 0.14 0.23
Interest 0.08 0.17 0.14 0.29 0.59 0.44 0.19 1.01 1.34 1.28
Depreciation 0.01 0.01 0.10 0.20 0.55 0.63 0.85 1.15 1.42 1.65
Profit before tax 0.06 0.07 1.34 1.58 1.97 2.46 4.86 7.44 8.50 9.96
Tax % 33.33% 28.57% 29.85% 32.28% 31.47% 21.54% 23.66% 27.28% 25.53%
0.04 0.05 0.93 1.06 1.34 1.93 3.71 5.40 6.33 7.22
EPS in Rs 1.00 1.25 2.32 1.06 1.34 1.92 3.69 5.38 6.04 6.90
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 23.55% 0.00% 21.65% 18.59% 16.54%
Compounded Sales Growth
10 Years: %
5 Years: 29%
3 Years: 36%
TTM: 17%
Compounded Profit Growth
10 Years: %
5 Years: 43%
3 Years: 48%
TTM: 26%
Stock Price CAGR
10 Years: %
5 Years: 66%
3 Years: 45%
1 Year: 24%
Return on Equity
10 Years: %
5 Years: 23%
3 Years: 26%
Last Year: 22%

Balance Sheet

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.19 0.19 1.88 4.78 5.26 10.04 10.04 10.04 10.47 10.47
Reserves 0.05 0.10 1.66 4.59 5.30 2.13 5.85 10.44 25.37 27.99
1.15 1.33 1.05 5.27 5.20 7.07 9.15 11.37 31.56 34.53
0.82 0.94 2.37 2.87 3.08 2.51 4.66 6.85 7.28 9.72
Total Liabilities 2.21 2.56 6.96 17.51 18.84 21.75 29.70 38.70 74.68 82.71
0.10 0.12 1.45 8.71 9.29 12.88 14.85 18.92 24.35 24.68
CWIP 0.00 0.00 0.00 0.00 0.36 0.50 0.76 0.41 26.90 29.80
Investments 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.00 0.00
2.11 2.44 5.51 8.76 9.19 8.37 14.09 19.37 23.43 28.23
Total Assets 2.21 2.56 6.96 17.51 18.84 21.75 29.70 38.70 74.68 82.71

Cash Flows

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.91 -0.06 -0.47 -0.15 1.40 3.27 1.17 4.07 5.60
-0.02 -0.03 -1.51 -7.71 -1.50 -4.28 -3.08 -4.84 -33.26
0.93 0.03 1.97 8.24 -0.65 1.00 1.91 0.78 27.69
Net Cash Flow 0.00 -0.06 -0.01 0.38 -0.76 -0.02 0.01 0.01 0.04

Ratios

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 83.81 53.23 48.38 38.27 41.11 25.30 23.70 16.60 20.38
Inventory Days 239.97 180.69 172.59 157.50 151.49 140.40 104.85 142.94 148.91
Days Payable 155.28 92.76 95.94 55.13 42.16 21.79 32.89 38.57 24.24
Cash Conversion Cycle 168.50 141.17 125.03 140.65 150.44 143.91 95.66 120.97 145.04
Working Capital Days 134.53 113.30 95.20 96.29 89.37 89.79 93.91 81.43 85.38
ROCE % 15.95% 47.67% 19.34% 16.84% 16.63% 22.81% 29.71% 19.83%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 73.06% 73.06% 73.06% 73.06% 73.06%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.52%
25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 26.94% 26.94% 26.94% 26.94% 26.43%
No. of Shareholders 2,3742,5882,6645,4345,8276,9889,50310,67511,82612,49711,96511,516

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Concalls

  • Oct 2024
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