Aeroflex Industries Ltd
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[1]
- Market Cap ₹ 2,529 Cr.
- Current Price ₹ 196
- High / Low ₹ 272 / 114
- Stock P/E 49.3
- Book Value ₹ 24.4
- Dividend Yield 0.13 %
- ROCE 26.5 %
- ROE 20.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.0%
Cons
- Stock is trading at 8.00 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
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 144 | 144 | 241 | 269 | 318 | 362 | |
| 122 | 122 | 194 | 216 | 256 | 288 | |
| Operating Profit | 22 | 23 | 47 | 53 | 62 | 75 |
| OPM % | 15% | 16% | 20% | 20% | 20% | 21% |
| -3 | -2 | 1 | -3 | 4 | 4 | |
| Interest | 12 | 9 | 7 | 4 | 3 | 0 |
| Depreciation | 4 | 4 | 4 | 5 | 6 | 9 |
| Profit before tax | 4 | 8 | 37 | 41 | 57 | 69 |
| Tax % | -32% | 25% | 25% | 27% | 27% | |
| 5 | 6 | 28 | 30 | 42 | 51 | |
| EPS in Rs | 2.05 | 2.63 | 12.03 | 2.64 | 3.23 | 3.98 |
| Dividend Payout % | -0% | -0% | -0% | 8% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 79% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 30% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 26 | 26 |
| Reserves | 30 | 36 | 63 | 91 | 267 | 290 |
| 63 | 53 | 39 | 45 | 0 | 1 | |
| 41 | 50 | 58 | 55 | 82 | 96 | |
| Total Liabilities | 157 | 162 | 183 | 214 | 375 | 413 |
| 44 | 43 | 46 | 56 | 83 | 94 | |
| CWIP | -0 | 0 | 7 | 1 | 5 | 34 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 |
| 113 | 118 | 131 | 157 | 287 | 285 | |
| Total Assets | 157 | 162 | 183 | 214 | 375 | 413 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 13 | 12 | 32 | 7 | 44 | |
| -1 | -3 | -13 | -9 | -35 | |
| -10 | -10 | -14 | 0 | 90 | |
| Net Cash Flow | 2 | -1 | 5 | -2 | 99 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 72 | 85 | 80 | 91 | 109 |
| Inventory Days | 122 | 134 | 84 | 120 | 107 |
| Days Payable | 130 | 157 | 80 | 78 | 100 |
| Cash Conversion Cycle | 64 | 62 | 84 | 132 | 116 |
| Working Capital Days | 157 | 159 | 96 | 128 | 107 |
| ROCE % | 17% | 36% | 34% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - The officials of the Company will be attending the meeting with group of Analysts/ Institutional Investors at its Taloja and Ambernath plant (Hose and Metal …
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Intimation Of Recognition & Registration To In-House R&D Unit Of The Company From Department Of Scientific And Industrial Research (DSIR)
30 Jan - Recognition of in-house R&D unit by DSIR.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Jan - Transcript of Q3 & 9MFY25 results conference call.
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Integrated Filing (Financial)
20 Jan - Integrated financial results for quarter ended December 31, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 Jan - Audio recording of Q3 & 9M FY25 earnings call uploaded.
Annual reports
Concalls
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Jan 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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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.