Aeroflex Industries
- Market cap
- ₹ 6,004 Cr.
- P/E
- 88.9x
- P/B
- 14.19x
- 52-week range
- 158 – 613.7
- ROE
- 14%
- ROCE
- 19%
- Dividend yield
- 0.1%
- Debt / equity
- 0.02
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Aeroflex Industries Limited is an India-based manufacturer of metallic flexible flow solutions made with stainless steel. The Company facilitates the controlled flow of gas, liquid, and solid substances across various industries, and caters to global as well as domestic markets. The Company is engaged in manufacturing stainless steel, flexible hose with braiding and without braiding and assemblies. Its products include Corrugated Stainless-Steel Hose, Double Interlock Flexible Metal Hoses, Composite Hose, Stainless Steel Hose Assemblies, Gas Hose, Solar Hose, Fitting End Connection, among others. Its products are used across various applications and industries, including aerospace and defense, semiconductors, robotics and automation, electric mobility, hydrogen, natural gas, steel and metal, petrochemicals and oil refineries, sola, bulk terminal handling, paper and pulp, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Aeroflex Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)88.9 against a typical 18.6: pricier than most peers (1st = cheapest).130th of 146
- Sales growth+72.6% against a typical +13.1% from a year earlier.14th of 117
- Profit growth+171.4% against a typical +26.2% from a year earlier.13th of 105
- Share price, 3 months+6.9% against a typical −3.1%.33rd of 135
- Size₹ 6,003.7 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).9th of 135
Latest announcements
Exchange filings and their impact on the company.
- Aeroflex won an Indian patent for auto-generating 3D hose designs, a small long-term efficiency plus.
Aeroflex Industries said on October 19, 2026 it has been granted an Indian patent for a system to automatically generate 3D computer-aided models of braided hose assemblies. The company said the technology advances its engineering, automation and design capabilities across its portfolio of over 3,300 SKUs from 1/4 inch to 14 inches. The patent has no immediate order value but supports faster customization and its push into high-value flow solutions including liquid cooling for AI data centres.
- Board approved Rs 202 cr expansion to add 50% hose and 100% cooling skid capacity with value-added assemblies by Mar 2028.
Aeroflex board noted completion of hose capacity to 20 million meters and cooling skids to 12,000 units, and approved further expansion to 30 million meters and 30,000 skids by March 2028. The combined investment is Rs 202 crore (Rs 124 crore for hoses plus a new assemblies plant, Rs 78 crore for cooling), to be funded by internal accruals, equity and bridge loans. The move adds 50% hose and 100% skid capacity and shifts 70-75% of hoses into higher-value assemblies to meet future demand.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve the Un-audited Standalone and Consolidated Financial Results for the quarterand half year ended September 30, 2026 and Limited Review Reports thereon. |
| 14 Oct 2026 | Other business matters | To consider and approve the Company s expansion plans, including further capacity enhancements. |
| 27 Jul 2026 | Financial Results | We wish to inform you that pursuant to Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), a meeting of the Board of Directors of the Company is scheduled to be held on Monday, July 27, 2026 at 03:30 p.m., inter alia, to transact the following businesses:1. To consider and approve the Un-audited Standalone and Consolidated Financial Results for thequarter ended June 30, 2026 and Limited Review Reports thereon.2. Any other business with the permission of the Chair. |
| 5 May 2026 | Financial Results/Dividend | AEROFLEX INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on Tuesday, May 05, 2026 at 04:00 p.m., inter alia, to transact the following businesses:1. To consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, and Auditor s Report thereon.2. Recommendation of final dividend on equity shares, if any, for the financial year ended March 31, 2026; and3. Any other business with the permission of the Chair |
| 3 Feb 2026 | Other business matters | To consider other business matters-1. Allotment of Equity Shares on Preferential Basis in terms of in-principle approval received from the stock exchanges.2. Any other business with the permission of the Chairman. |
| 28 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 18 Dec 2025 | Fund Raising/Other business matters | 1. To consider and approve expansion of liquid cooling skid for Data center.2. To consider and approve installation of robotic welding lines and automatic welding stations for enhancement of production capacities relating to assemblies of SS hose and braiding.3. Setting up of an annealing plant for making SS braided hose and assembly for mission critical applications.4. To consider and evaluate proposals for raising funds by way of issue of equity shares through preferential issue or any other methods or combination thereof determination of issue price subject to such regulatory/statutory approvals, as may be required.5. Any other business with the permission of the Chair. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 84 | 73 | 78 | 90 | 95 | 100 | 92 | 84 | 111 | 121 | 126 | 145 |
| Expenses | 66 | 59 | 63 | 72 | 75 | 78 | 73 | 69 | 85 | 93 | 96 | 112 |
| Operating Profit | 18 | 14 | 14 | 18 | 20 | 22 | 19 | 15 | 26 | 28 | 30 | 33 |
| OPM % | 21% | 19% | 19% | 20% | 21% | 22% | 21% | 18% | 23% | 23% | 24% | 23% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 6 | 6 | 8 | 8 |
| Profit before tax | 15 | 13 | 14 | 17 | 19 | 20 | 15 | 10 | 20 | 22 | 23 | 26 |
| Tax % | 24% | 32% | 28% | 26% | 27% | 23% | 25% | 26% | 28% | 25% | 22% | 27% |
| Net Profit | 12 | 9 | 10 | 12 | 14 | 15 | 11 | 7 | 14 | 16 | 18 | 19 |
| EPS in Rs | 0.9 | 0.7 | 0.78 | 0.96 | 1.06 | 1.18 | 0.87 | 0.55 | 1.1 | 1.28 | 1.33 | 1.42 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 25%
- 3 Years
- 18%
- TTM
- 36%
- 10 Years
- —
- 5 Years
- 50%
- 3 Years
- 20%
- TTM
- 42%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Aeroflex Industries | ₹ 491.65 | ₹ 6,004 Cr. | 88.9x | 14.2x | 14% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Asad Daud
- Executive Chairman of the Board, Managing Director
- Mustafa Abid Kachwala
- Chief Financial Officer, Whole Time Director
- Ruthu Parampogi
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.