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SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
AIAENG logo

AIAENG - AIA Engineering Ltd. Share Price

Industrial Products
Sharesguru Stock Score

AIAENG

40/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹4570.00-20.50(-0.45%)
Market Closed as of Jul 24, 2026, 15:30 IST
Pros

Technicals: Bullish SharesGuru indicator.

Past Returns: In past three years, the stock has provided 10% return compared to 7.2% by NIFTY 50.

Balance Sheet: Strong Balance Sheet.

Smart Money: Smart money has been increasing their position in the stock.

Profitability: Very strong Profitability. One year profit margin are 26%.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Size: Market Cap wise it is among the top 20% companies of india.

Cons

No major cons observed.

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Sharesguru Stock Score

AIAENG

40/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

Valuation

Market Cap43.37 kCr
Price/Earnings (Trailing)34.15
Price/Sales (Trailing)8.86
EV/EBITDA24.99
Price/Free Cashflow88.99
MarketCap/EBT27.49
Enterprise Value43.16 kCr

Fundamentals

Revenue (TTM)4.89 kCr
Rev. Growth (Yr)11.9%
Earnings (TTM)1.27 kCr
Earnings Growth (Yr)37.8%

Profitability

Operating Margin32%
EBT Margin32%
Return on Equity15.79%
Return on Assets14.86%
Free Cashflow Yield1.12%

Growth & Returns

Price Change 1W-0.80%
Price Change 1M3.2%
Price Change 6M17.7%
Price Change 1Y34.8%
3Y Cumulative Return10%
5Y Cumulative Return17.8%
7Y Cumulative Return14.9%
10Y Cumulative Return16.4%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-124.21 Cr
Cash Flow from Operations (TTM)591.5 Cr
Cash Flow from Financing (TTM)-659.86 Cr
Cash & Equivalents215.06 Cr
Free Cash Flow (TTM)487.35 Cr
Free Cash Flow/Share (TTM)52.22

Balance Sheet

Total Assets8.54 kCr
Total Liabilities503.77 Cr
Shareholder Equity8.03 kCr
Current Assets7.1 kCr
Current Liabilities371.82 Cr
Net PPE1.14 kCr
Inventory1.26 kCr
Goodwill19.89 Cr

Capital Structure & Leverage

Debt Ratio0.00
Debt/Equity0.00
Interest Coverage42.22
Interest/Cashflow Ops17.2

Dividend & Shareholder Returns

Dividend/Share (TTM)16
Dividend Yield0.47%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)-1.1%
Pros

Technicals: Bullish SharesGuru indicator.

Past Returns: In past three years, the stock has provided 10% return compared to 7.2% by NIFTY 50.

Balance Sheet: Strong Balance Sheet.

Smart Money: Smart money has been increasing their position in the stock.

Profitability: Very strong Profitability. One year profit margin are 26%.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Size: Market Cap wise it is among the top 20% companies of india.

Cons

No major cons observed.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.47%
Dividend/Share (TTM)16
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)136.11

Financial Health

Current Ratio19.09
Debt/Equity0.00

Technical Indicators

RSI (14d)34.98
RSI (5d)44.48
RSI (21d)54.62
MACD SignalSell
Stochastic Oscillator SignalHold
SharesGuru SignalBuy
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalSell
SMA 10 SignalSell
SMA 20 SignalSell
SMA 50 SignalBuy
SMA 100 SignalBuy

Summary of Latest Earnings Report from AIA Engineering

Summary of AIA Engineering'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.

The management of AIA Engineering Limited provided a cautious but optimistic outlook during the earnings call on May 26, 2026. Key financial highlights included a sales volume of 70,000 tons for the quarter and a total of 258,000 tons for the fiscal year. The company reported a top line of INR 1,251 crores for the quarter and INR 4,355 crores for the year, with an EBITDA of INR 502 crores for the quarter and INR 1,744 crores for the full year. The profit after tax was the highest ever for the company at INR 393 crores for the quarter and INR 1,270 crores for the full year.

Management emphasized the impact of currency fluctuations, contributing INR 65 crores to EBITDA, representing approximately 4% to 5% of EBITDA margins. They noted that the overall product mix, including an uptick in castings sales, had a positive effect on the revenue realization, recording INR 178 per kilogram for the quarter and maintaining an average of INR 165 for the year.

Looking ahead, the management acknowledged ongoing global geopolitical uncertainties affecting shipping and raw material costs but expressed confidence in their newly introduced solutions. They noted a significant breakthrough with a leading mining client in South America, implementing a new generation discharge system that could enhance throughput and reduce costs.

Future plans indicate a modest capex estimate ranging between INR 100 crores and INR 150 crores for maintenance and renewable initiatives. The management remained committed to achieving a sustainable growth trajectory despite market headwinds, with projections for medium to long-term growth fueled by innovative solutions.

Question 1: So this mine conversion, what is the sustainable volume it will add every year to AIA?

Answer: Currently, it's premature to provide specific volume guidance post-conversion. Our focus has been on enhancing mining efficiency and output rather than getting bogged down in pricing discussions. Though we see significant potential to capture the addressable market, we need to wait and observe customer adoption and demand growth stemming from our successful trial.

Question 2: Is this customer, this is -- I'm assuming this is a Chilean copper mine. Is that understanding right?

Answer: I must emphasize that this pertains to a large mine indeed in South America, but we won't disclose more specifics regarding its location or identity.

Question 3: So sir, on the realization, so this quarter, you had the highest ever realization. It's crossed INR180 per kg. So sir -- and you said that it's not sustainable. You're guiding INR155. So, assuming...

Answer: As of now, while the quarterly realization has climbed above INR180 due to product mix and currency depreciation, we anticipate a sustainable realization around INR165 for the coming periods. The variances can largely be attributed to product mixes and market conditions.

Question 4: So, can you provide me some color like this sort of large conversions, how should we look at the pipeline, let's say, if I have to take like a 2-3 year views?

Answer: It's essential to note that while we see potential growth opportunities, quantifying specific expectations in tons over such a timeline is challenging. As we successfully implement our new solutions, we believe adoption could accelerate, contributing significantly to our volumes over the coming years. However, exact projections remain unclear at this stage.

Question 5: For the 15 mines that you've implemented, have you seen the time to market reduce from 4 years?

Answer: While each mine presents unique parameters, having proven solutions certainly streamlines the process. We anticipate that as we gather more success stories, this will aid customer confidence and potentially shorten the time required for future conversions. However, quantifying that in exact terms remains uncertain at this time.

Share Holdings

Understand AIA Engineering ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
Bhadresh Kantilal Shah58.47%
Nalanda India Equity Fund Limited9.29%
SBI Equity Hybrid Fund7.95%
Hdfc Mutual Fund - Hdfc Mid-Cap Fund3.93%
Icici Prudential Large & Mid Cap Fund3.4%
Kotak Flexicap Fund1.36%
Franklin India Opportunites Fund1.15%
Bhumika Shyamal Shodhan0.01%
Khushali Samip Solanki0.01%
Gita Bhadresh Shah0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is AIA Engineering Better than it's peers?

Detailed comparison of AIA Engineering 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
GRINDWELLGrindwell Norton23.1 kCr3.17 kCr+1.50%+15.40%55.637.29--
CARBORUNIVCarborundum Universal20.19 kCr5.28 kCr-6.20%+6.50%102.793.83--
ESABINDIAEsab India8.7 kCr1.51 kCr-1.20%+1.60%42.095.75--
KIRLFERKirloskar Ferrous Industries7.45 kCr6.84 kCr+6.00%-18.10%22.271.09--
ELECTCASTElectrosteel Castings4.61 kCr6.13 kCr-5.60%-38.00%28.470.75--

Sector Comparison: AIAENG vs Industrial Products

Comprehensive comparison against sector averages

Comparative Metrics

AIAENG metrics compared to Industrial

CategoryAIAENGIndustrial
PE34.1533.80
PS8.865.34
Growth6 %7.5 %
67% metrics above sector average
Key Insights
  • 1. AIAENG is among the Top 3 Castings & Forgings companies by market cap.
  • 2. The company holds a market share of 36.9% in Castings & Forgings.
  • 3. The company is growing at an average growth rate of other Castings & Forgings companies.

Income Statement for AIA Engineering

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations3.1%4,4204,2874,8544,9093,5672,881
Other Income42.9%474332281235156172
Total Income6%4,8944,6195,1355,1433,7233,054
Cost of Materials2%1,6911,6581,9572,0411,8421,135
Purchases of stock-in-trade5801.6%1092.830000
Employee Expense7.6%199185171152139134
Finance costs80%372128203.854.29
Depreciation and Amortization9.8%113103100939294
Other expenses4.5%1,2701,2151,2761,4501,235950
Total Expenses1.6%3,3133,2623,6493,7812,9422,324
Profit Before exceptional items and Tax16.5%1,5811,3571,4871,362781730
Exceptional items before tax--3.2801.51000
Total profit before tax16.3%1,5781,3571,4881,362781730
Current tax17.8%319271334304169187
Deferred tax-92%3.9738171.41-7.21-22.89
Total tax4.9%323308351306162164
Total profit (loss) for period19.7%1,2691,0601,1371,056620566
Other comp. income net of taxes-1.9%-22.9-22.46-18.31-34.84-24.17-22.98
Total Comprehensive Income20.1%1,2461,0381,1191,022595543
Earnings Per Share, Basic20.5%136.11113.14120.4111.9565.760.02
Earnings Per Share, Diluted20.5%136.11113.14120.4111.9565.760.02
Description(%) Q/QMar-2026Dec-2025Sep-2025Jun-2025Mar-2025Dec-2024
Revenue From Operations18.7%1,2661,0671,0481,0391,1571,066
Other Income-2.2%132135981089267
Total Income16.3%1,3981,2021,1461,1471,2491,134
Cost of Materials-20.7%384484438386381437
Purchases of stock-in-trade77.3%402322252.830
Employee Expense-16.4%475647484647
Finance costs-70.8%5.38167.77.28.450.99
Depreciation and Amortization3.7%292828282826
Other expenses9.9%346315316292333303
Total Expenses14.3%938821787767892810
Profit Before exceptional items and Tax20.8%460381360380357323
Exceptional items before tax76.6%0-3.280000
Total profit before tax21.8%460378360380357323
Current tax-16.9%708486796356
Deferred tax39100%4.90.99-3.661.741412
Total tax-11.9%758582807868
Total profit (loss) for period34.2%393293277305285259
Other comp. income net of taxes27.8%-12.22-17.326.30.35-12.03-6.54
Total Comprehensive Income38.2%381276284306273252
Earnings Per Share, Basic34.7%42.1531.5429.7332.6930.5527.78
Earnings Per Share, Diluted34.7%42.1531.5429.7332.6930.5527.78
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations7.9%3,7633,4864,1444,0453,0822,473
Other Income29.5%615475428323270145
Total Income10.5%4,3773,9624,5724,3683,3512,618
Cost of Materials1.4%1,6391,6161,9232,0151,7291,081
Purchases of stock-in-trade-0003.521733
Employee Expense7%13913012311010398
Finance costs75%362128183.633.99
Depreciation and Amortization9%11010198919091
Other expenses3.3%846819895869767675
Total Expenses4.8%2,7682,6413,1083,1002,5991,970
Profit Before exceptional items and Tax21.9%1,6091,3201,4651,267752648
Total profit before tax21.9%1,6091,3201,4651,267752648
Current tax17.2%308263317293167186
Deferred tax-34.3%2436185.061.36-23.17
Total tax11.1%332299335298168163
Total profit (loss) for period25%1,2771,0221,129969585485
Other comp. income net of taxes605.1%8.93-0.574.29-5.810.85-2.73
Total Comprehensive Income26%1,2861,0211,134963585482
Earnings Per Share, Basic25.8%136.84108.96119.75102.7261.9751.41
Earnings Per Share, Diluted25.8%136.84108.96119.75102.7261.9751.41
Description(%) Q/QMar-2026Dec-2025Sep-2025Jun-2025Mar-2025Dec-2024
Revenue From Operations1.2%991979960833861908
Other Income-48.7%13726610011324166
Total Income-9.4%1,1281,2451,0609451,101974
Cost of Materials-11.9%400454412372387418
Employee Expense-18.4%323933343333
Finance costs-70.9%5.37167.77.198.40.98
Depreciation and Amortization0%282827272726
Other expenses5.3%219208215204211204
Total Expenses0.8%723717694634675699
Profit Before exceptional items and Tax-23.3%405528365311426274
Total profit before tax-23.3%405528365311426274
Current tax-19.8%668285765857
Deferred tax-29.7%8.03113.451.181711
Total tax-20.7%749388777567
Total profit (loss) for period-24%331435277234351207
Other comp. income net of taxes116.6%1.63-2.797.682.42-0.96-4.87
Total Comprehensive Income-23.2%332432285236350202
Earnings Per Share, Basic-24.5%35.4446.6229.725.0837.5922.16
Earnings Per Share, Diluted-24.5%35.4446.6229.725.0837.5922.16

Balance Sheet for AIA Engineering

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents-35.2%215331397272180290
Current investments-11.3%4,1604,6923,8252,8562,9772,101
Loans, current0%1311311302.122.052.01
Total current financial assets-8.2%5,7016,2085,2654,1114,6504,547
Inventories7%1,2561,1741,0171,1731,2051,124
Total current assets-5.4%7,0967,5006,4355,4205,9995,797
Property, plant and equipment7.8%1,1431,0601,0941,0111,0871,063
Capital work-in-progress-16-771679223
Goodwill0%20204.61202020
Non-current investments42.4%1421009369660.82
Loans, non-current9.7%2.242.132.21127126126
Total non-current financial assets40%155111104204201134
Total non-current assets3.8%1,4421,3891,3991,5421,4971,370
Total assets-3.9%8,5388,8897,8346,9637,4957,166
Borrowings, non-current-000000
Total non-current financial liabilities2716.7%7.280.76003.41.9
Provisions, non-current50%161110171713
Total non-current liabilities27.2%132104109887963
Borrowings, current-100.1%01,018485120455479
Total current financial liabilities-80.5%2481,268712322664840
Provisions, current12.1%6.295.729.02177.215.92
Current tax liabilities-22.2%435511392248
Total current liabilities-73.6%3721,408788466749962
Total liabilities-66.7%5041,5128975538271,025
Equity share capital0%191919191919
Non controlling interest-12.4%8.8810109.751010
Total equity8.9%8,0347,3776,9376,4096,6686,141
Total equity and liabilities-3.9%8,5388,8897,8346,9637,4957,166
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents-64.3%521441011295089
Current investments-11.5%4,1184,6533,7922,8182,9112,042
Loans, current0%1301301291.331.291.16
Total current financial assets-4.3%6,1856,4635,5014,3564,9734,700
Inventories3.1%694673616711695626
Total current assets-3.5%6,9547,2036,2305,1645,7795,417
Property, plant and equipment7.4%1,1301,0521,0861,0021,0781,054
Capital work-in-progress-15-771679223
Goodwill0%4.614.614.614.614.614.61
Non-current investments0%161616161616
Loans, non-current15.9%2.242.072.16127126126
Total non-current financial assets17.4%282423148148147
Total non-current assets0.9%1,2761,2651,2831,4421,4031,341
Total assets-2.8%8,2308,4687,5136,6067,1826,758
Total non-current financial liabilities2716.7%7.280.762913.41.82
Provisions, non-current-1.1%5.595.645.735.445.165.21
Total non-current liabilities24.6%158127126969074
Borrowings, current-100.1%01,018485120455479
Total current financial liabilities-85%1791,189657297609786
Provisions, current339.1%6.052.155.484.324.513.79
Current tax liabilities-24.4%3242-261037
Total current liabilities-81.9%2291,263681355636852
Total liabilities-72.2%3871,390807452726926
Equity share capital0%191919191919
Total equity10.8%7,8437,0786,7066,1546,4565,832
Total equity and liabilities-2.8%8,2308,4687,5136,6067,1826,758

Cash Flow for AIA Engineering

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs80%372128203.85-
Change in inventories-228.6%-239.46188137.99-471.23-
Depreciation9.8%1131031009392-
Unrealised forex losses/gains-285.8%-9.746.78-22.32-18.79-31.76-
Adjustments for interest income-58.4%389019800-
Net Cashflows from Operations-38.9%8671,4181,2301,279202-
Interest paid-100.4%0256000-
Interest received-000-107.09-78.63-
Income taxes paid (refund)-2760328304163-
Net Cashflows From Operating Activities-49.1%5921,162903868-39.22-
Proceeds from sales of PPE-3.71002.40-
Purchase of property, plant and equipment-24.3%104137211195125-
Proceeds from sales of investment property-182.6%02.211.2100.15-
Interest received-81.6%331751875976-
Other inflows (outflows) of cash75.6%-56.51-234.33-796.44-1,074.61149-
Net Cashflows From Investing Activities35.8%-124.21-194.11-818.51-1,208.3100-
Proceeds from borrowings-103.2%032-43.054941.27-
Repayments of borrowings-485001.27183-
Payments of lease liabilities4%3.853.743.7106.52-
Dividends paid-0.7%1361371377776-
Interest paid120%341627173.09-
Other inflows (outflows) of cash99.7%-0.61-617.680-3.760-
Net Cashflows from Financing Activities11.1%-659.86-742.71-210.98395-267.55-
Effect of exchange rate on cash eq.203%11-8.71-0.38-3.651.45-
Net change in cash and cash eq.-184.7%-182.04217-127.1551-205.47-
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs75%362128183.63-
Change in inventories-202.2%-78.7279-66.850.14-208.52-
Depreciation9%110101989190-
Unrealised forex losses/gains-1538.9%-79.96-3.944.311-24.19-
Dividend income0.7%14914813500-
Adjustments for interest income-67.1%298619200-
Net Cashflows from Operations-26.8%8121,1091,0871,124353-
Dividends received-000-84.69-84.3-
Interest received-000-104.04-75.71-
Income taxes paid (refund)9.2%275252321288161-
Net Cashflows From Operating Activities-37.4%53785776664732-
Proceeds from sales of PPE-3.01000.340.19-
Purchase of property, plant and equipment-28.5%94131208193127-
Proceeds from sales of investment property-10100%01.011.1700-
Dividends received0.7%1491481358584-
Interest received-86.7%241741775669-
Other inflows (outflows) of cash93.6%-15.57-257.28-725.96-1,058.54165-
Net Cashflows From Investing Activities196.9%66-66.09-619.88-1,109.96192-
Proceeds from borrowings-103.2%03204960-
Repayments of borrowings-4850430181-
Payments of lease liabilities13.1%3.843.513.3803.76-
Dividends paid-0.7%1361371377776-
Interest paid120%341627162.91-
Other inflows (outflows) of cash99.7%-0.61-619.650-3.330-
Net Cashflows from Financing Activities11.4%-659.77-744.38-210.49400-263.99-
Effect of exchange rate on cash eq.112.2%7.984.291.15-0.290.48-
Net change in cash and cash eq.-201.7%-48.8350-63.66-63.2-40.18-

What does AIA Engineering Ltd. do?

Castings & Forgings•Capital Goods•Mid Cap

AIA Engineering is a prominent company in the Castings & Forgings sector, with its stock traded under the ticker symbol AIAENG. The company boasts a significant market capitalization of Rs. 29,646 Crores.

Founded in 1979 and headquartered in Ahmedabad, India, AIA Engineering specializes in the design, development, production, installation, and servicing of high chromium wear, corrosion, and abrasion resistant castings. Its offerings include high chrome grinding, mill liners, an energy-efficient pulp lifter system, and a revolutionary solution ball milling system.

In addition to these products, AIA Engineering provides services such as alloy and design optimization, installation supervision, mill audits, analysis and tuning, condition monitoring, as well as manufacturing components like blow bars, hammers, impellers, anvil, feed disk, and frame liners. The company primarily serves industries including mining, cement, quarry, and thermal power generation.

Over the last twelve months, AIA Engineering reported a revenue of Rs. 4,596.5 Crores and achieved a profit of Rs. 1,035.2 Crores. The company has experienced impressive revenue growth of 32.3% in the past three years.

AIA Engineering is also committed to returning value to its shareholders, offering a dividend yield of 1.02% per year, having distributed Rs. 32 dividend per share last year. Additionally, it has engaged in share buybacks, repurchasing 1.1% of its own stock to support the share price.

Industry Group:Industrial Products
Employees:1,337
Website:www.aiaengineering.com

Important Disclosure & Data Context

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.

Performance Comparison

AIAENG vs Industrial (2021 - 2026)

AIAENG leads the Industrial sector while registering a 16.7% growth compared to the previous year.