
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Balance Sheet: Strong Balance Sheet.
Profitability: Recent profitability of 13% is a good sign.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Growth: Good revenue growth. With NA% growth over past three years, the company is going strong.
Momentum: Stock price has a strong positive momentum. Stock is up 67.9% in last 30 days.
Size: Market Cap wise it is among the top 20% companies of india.
Technicals: Bullish SharesGuru indicator.
No major cons observed.
Valuation | |
|---|---|
| Market Cap | 5.81 kCr |
| Price/Earnings (Trailing) | 102.41 |
| Price/Sales (Trailing) | 13.12 |
| EV/EBITDA | 57.33 |
| Price/Free Cashflow | -1.11 K |
| MarketCap/EBT | 78.48 |
| Enterprise Value | 5.8 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 443.29 Cr |
| Rev. Growth (Yr) | 37.7% |
| Earnings (TTM) | 55.53 Cr |
| Earnings Growth (Yr) | 57% |
Profitability | |
|---|---|
| Operating Margin | 17% |
| EBT Margin | 17% |
| Return on Equity | 12.41% |
| Return on Assets | 9.83% |
| Free Cashflow Yield | -0.09% |
Growth & Returns | |
|---|---|
| Price Change 1W | 44.2% |
| Price Change 1M | 67.9% |
| Price Change 6M | 136% |
| Price Change 1Y | 178.9% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -119.98 Cr |
| Cash Flow from Operations (TTM) | 65.84 Cr |
| Cash Flow from Financing (TTM) | 46.83 Cr |
| Cash & Equivalents | 18.99 Cr |
| Free Cash Flow (TTM) | -5.25 Cr |
| Free Cash Flow/Share (TTM) | -0.4 |
Balance Sheet | |
|---|---|
| Total Assets | 565.02 Cr |
| Total Liabilities | 117.74 Cr |
| Shareholder Equity | 447.27 Cr |
| Current Assets | 322.71 Cr |
| Current Liabilities | 110.71 Cr |
| Net PPE | 203.85 Cr |
| Inventory | 83.72 Cr |
| Goodwill | 1.27 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 78.11 |
| Interest/Cashflow Ops | 71.3 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 0.3 |
| Dividend Yield | 0.16% |
| Shares Dilution (1Y) | 2.3% |
Balance Sheet: Strong Balance Sheet.
Profitability: Recent profitability of 13% is a good sign.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Growth: Good revenue growth. With NA% growth over past three years, the company is going strong.
Momentum: Stock price has a strong positive momentum. Stock is up 67.9% in last 30 days.
Size: Market Cap wise it is among the top 20% companies of india.
Technicals: Bullish SharesGuru indicator.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 0.16% |
| Dividend/Share (TTM) | 0.3 |
| Shares Dilution (1Y) | 2.3% |
| Earnings/Share (TTM) | 4.29 |
Financial Health | |
|---|---|
| Current Ratio | 2.91 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 77.25 |
| RSI (5d) | 98.33 |
| RSI (21d) | 82.21 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Sell |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Aeroflex Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q3 FY '26 earnings conference call, Asad Daud, the Managing Director of Aeroflex Industries Limited, provided an optimistic outlook for the remaining quarter of FY26. He highlighted several forward-looking points:
Continued Growth: The company experienced its highest-ever quarterly revenue, EBITDA, and profit after tax (PAT), with total income reaching INR 121 crores, up 21% year-on-year (YoY). The EBITDA stood at INR 28.5 crores, reflecting a margin of 23.5%.
Expansion Plans: Aeroflex is expanding its hose capacity by adding 1 million meters, increasing total installed capacity to 17.5 million meters annually. Additional capacity of 2.5 million meters will be commissioned by Q2 of the next financial year.
Liquid Cooling Solutions: The company has entered the high-performance liquid cooling market for data centers, with the first commercial dispatch of skid assemblies. They plan to expand skid assembly capacity to 15,000 units per annum, set to be completed by June 2026. This expansion aligns with growing global demand in data centers and AI infrastructure.
Capital Spending Adjustments: The capital expenditure for the Miniature Metal Bellows project has been revised from INR 23 crores to INR 10.5 crores. The planned installed capacity will decrease from 240,000 pieces to around 50,000 pieces, deemed sufficient for current demand while allowing future scalability.
Revenue from Subsidiary: The subsidiary, Hyd-Air, reported revenues of INR 8.5 crores in Q3, up from INR 2.9 crores YoY, indicating strong growth prospects.
Strong Order Book: Management expressed confidence in sustaining growth momentum backed by a healthy order book and strong customer relationships in the global data center and AI infrastructure market.
Focus on Margin Optimization: Despite headwinds in tariffs, the company's robust execution capabilities and focus on value-added products enhance the likelihood of maintaining strong margins moving forward.
The management's overall sentiment reflects a strategic focus on capacity expansion, operational efficiency, and leveraging market opportunities in data centers, positioning Aeroflex for continued success in FY26 and beyond.
Here are the major questions from the Q&A section of the earnings transcript, along with detailed answers provided by the management:
Q: Are we going to pay some royalty to the U.S.-based company for the liquid cooling skid system? A: No royalty is paid; it's a standard buyer-seller transaction under an exclusive five-year agreement limited to India.
Q: What is the current capacity with respect to the liquid cooling systems, and how much revenue is expected at peak utilization? A: We currently have a capacity of around 2,000 assemblies, expanding to 15,000. At peak utilization, this can generate INR 300-350 crores in revenue.
Q: What percentage of total revenue is from exports, and how does the recent FTA signing impact this? A: About 74% of our total revenue comes from exports, with approximately 90% of this from the EU and U.S.A. The recent FTA is expected to boost our export traction significantly in the EU market.
Q: What is the current capacity utilization at Hyd-Air and future capital expenditure plans? A: Hyd-Air is currently utilizing about 70% capacity. We plan to invest in new machines soon to further increase capacity.
Q: What were the capital expenditures spread across hoses, bellows, and liquid cooling solutions during the financial year? A: Approximately INR 36 crores was invested this financial year: INR 9 crores for liquid cooling, INR 5 crores for bellows, and INR 22 crores for hoses.
Q: What is the visibility for liquid cooling solutions over the next year or two? A: We have a pipeline of INR 45 crores planned for dispatches based on our partner's projections for demand in the liquid cooling market.
Q: What are the peak revenues expected from each division? A: Liquid cooling at INR 300-350 crores, hoses and assemblies between INR 650-675 crores, metal bellows at INR 85 crores, and Hyd-Air around INR 45 crores.
Q: How do you see the transition from air cooling to liquid cooling affecting your business? A: With newer data centers utilizing liquid cooling due to lower recurring costs compared to air systems, we anticipate strong growth in this sector, especially as technology improves.
Q: How are you managing raw material price volatility? A: We work with long-term contracts and back-to-back arrangements for key raw materials. Although volatility can impact margins, we haven't seen significant fluctuations recently.
Q: Are there plans to diversify markets beyond the U.S.? A: Yes, while the U.S. remains our largest market, we are focusing on the EU for growth, especially after the recent FTA, which should open new opportunities.
These responses reflect our strategic focus and operational insights for the upcoming quarters as we navigate market dynamics.
Understand Aeroflex Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Aeroflex Enterprises Limited | 59.84% |
| Italica Global - F.Z.C. | 5.63% |
| Ashish Kacholia | 2.27% |
| Bengal Finance And Investment Private Limited | 2.06% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 1.79% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Aeroflex Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| DIXON | Dixon Tech (India) | 65.56 kCr | 49.29 kCr | +1.60% | -30.90% | 35.92 | 1.33 | - | - |
| APLAPOLLO | APL Apollo Tubes | 54.1 kCr | 22.57 kCr | -4.80% | +17.20% | 44.96 | 2.4 | - | - |
| FINCABLES | Finolex Cables | 17.45 kCr | 6.15 kCr | +34.60% | +28.30% | 25.64 | 2.84 | - | - |
| POLYPLEX | Polyplex Corp | 2.98 kCr | 7.05 kCr | +11.60% | -20.40% | 98.56 | 0.42 | - | - |
| RAJRATAN | Rajratan Global Wire | 2.27 kCr | 1.16 kCr | +13.90% | +12.80% | 32.26 | 1.95 | - | - |
Comprehensive comparison against sector averages
AEROFLEX metrics compared to Industrial
| Category | AEROFLEX | Industrial |
|---|---|---|
| PE | 102.41 | 26.91 |
| PS | 13.12 | 1.71 |
| Growth | 17 % | 7.4 % |
Aeroflex Industries Limited manufactures and sells stainless-steel corrugated flexible hoses and hose assemblies in India. The company offers corrugated stainless-steel hoses, corrugated stainless steel hoses with braids, gas hoses, fitting end connections, double interlock flexible metal hoses, high pressure hoses, and composite hoses. It also provides stainless steel hose assemblies, such as industrial, jacketed, and vacuum flexible metal hose assemblies; assemblies with standard end fitting, internal liners, and external guards; solar and lancing hoses; and flanged pump, seismic, vibration, and threaded pump connectors, as well as PTFE hoses. The company's products are used in aerospace and defense, semiconductors, robotics and automation, hydrogen, electric mobility, natural gas, steel and metal, petrochemicals and oil refineries, solar, bulk terminal handling, chemicals, food and pharmaceuticals, and paper and pulp, as well as heating, ventilation, and air conditioning industries. It also exports its products. The company was incorporated in 1993 and is based in Mumbai, India. Aeroflex Industries Limited operates as a subsidiary of Sat Industries Limited.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
AEROFLEX vs Industrial (2024 - 2026)