Aeroflex Industries Limited share price

NSE: AEROFLEX · ISIN INE024001021

Key numbers

Market cap
₹ 6,957 Cr
Current price
₹ 525.70
52-week high / low
₹ 584 / 158
Stock P/E
102.1
Book value
₹ 33.8
Dividend yield
0.08%
ROCE
18.8%
ROE
14.1%
Debt to equity
0.02
Sales growth (3 yrs)
17.2%
Profit growth (3 yrs)
22.6%
1-year return
182.9%

About Aeroflex Industries Limited

Aeroflex Industries Limited manufactures and sells stainless steel flexible hose, assemblies, and fittings in India. It offers SFN (secondary fluid network); corrugated stainless steel hoses; corrugated metal hose assemblies; stripwound metal hoses; metal bellows and expansion joints, such as axial, universal and lateral, hinged angular, gimbal angular, internal and inline pressure balanced, external pressure balanced, and elbow pressure balanced expansion joints; flexible composite hose; and PTFE hoses. The company's products are used in fire sprinklers and firefighting, data centers, aerospace and defense, semiconductors, robotics and automation, hydrogen, electric mobility, HVAC, natural gas, steel and metal, solar, bulk terminal handling, chemicals, food and pharmaceuticals, and paper and pulp industries, as well as in petrochemicals and oil refineries. It also exports its products. The company was incorporated in 1993 and is headquartered in Mumbai, India. Aeroflex Industries Limited operates as a subsidiary of Aeroflex Enterprises Limited.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales9284121126145
Operating profit1915283033
Net profit117161819
EPS (₹)0.870.551.281.361.42

Concall summary (2026-07-30)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Our consolidated revenue for Q1 FY27 stood at INR145.97 crores, which is an increase of 72.4% on a year-on-year basis, with growth coming in both from our core business as well as our emerging businesses.
  • So, the target for the company overall is to achieve an EBITDA margin of 25% in the next few years, and we are right now on track to achieve that.

Growth & demand

  • Our flexible hose business grew 41% on a Y-o-Y basis and the assemblies and other value-added products grew even at a faster pace.
  • Our cash profit grew by more than 100% to INR26.64 crores with cash profit margin improving by 278 basis points to 18.25%, which reflects strong operating leverage and improved cash conversions and profitability across our various business verticals.

Margins & costs

  • Our EBITDA stood at INR33.5 crores, which is up by 116% on a year-on-year basis with margins expanding by 468 basis points as compared to the same quarter in last year to 23.04%.
  • And our PAT margin currently stands at about very close to 13%, which is an improvement of 440 basis points from last year same quarter.

Capex & expansion

  • As part of our capital expenditure plans, we have expanded the capacity of skid assemblies from 6,000 units to 9,000 units per annum.
  • So currently, we are operating at about between 65% capacity utilization -- right now, 65% to 66% capacity utilization.

Risks & challenges

  • These skid assemblies enabled control circulation of the coolant across the entire cooling systems in the data centres, and it is engineered to meet the stringent requirements with regards to reliability, pressure management and also leak prevention.
  • In terms of competition, there is -- there are a few people who have just started to work on that, but it would be difficult to share the details of competitors because not much data is available in public forum with regards to that.

Peers in Metal Fabrication

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