AIA Engineering
- Market cap
- ₹ 33,533 Cr.
- P/E
- 26.3x
- P/B
- 4.23x
- 52-week range
- 3,220 – 5,180
- ROE
- 17%
- ROCE
- 21%
- Dividend yield
- 0.4%
- Debt / equity
- 0
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE, BSE
About
AIA Engineering Limited is an India-based company. The Company specializes in the design, development, production, installation, and servicing of high chromium, wear-resistant parts for grinding equipment. It serves the mining industry by offering grinding media and mill liners for use in ore processing mills to crush and grind raw ore into fine particles, which is a step involved in the extraction of minerals and metals. It serves the thermal industry by offering specialized grinding media and wear-resistant components tailored for coal pulverizing mills. It offers high-chrome mill internals (HCMI) comprising grinding media, shell liners, and diaphragms deployed in cement grinding mills to process raw materials and clinker into finer particles. It also offers blow bars, impellers, feed disks, hammers, anvils, and frame liners which are used in the crushing and processing of aggregates for construction, infrastructure, and road-building projects.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →AIA Engineering 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)26.3 against a typical 24.8: pricier than most peers (1st = cheapest).17th of 30
- Sales growth+12.4% against a typical +8% from a year earlier.11th of 23
- Profit growth−1.3% against a typical +4.9% from a year earlier.14th of 22
- Share price, 3 months−22.2% against a typical −0.8%.25th of 28
- Size₹ 33,533.3 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).2nd of 30
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 27 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Oct 2026 | Reaffirmed | — | — | CRISIL | ₹ 760 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and to recommend dividend, if any. |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 7 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2025 |
| 23 May 2025 | Financial Results/Dividend | To consider and approve the Audited Financial Results (both Standalone and Consolidated) for the Quarter / Year ended March 31, 2025 and to recommend dividend, if any. |
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 | 1,295 | 1,169 | 1,150 | 1,020 | 1,044 | 1,066 | 1,157 | 1,039 | 1,048 | 1,067 | 1,266 | 1,168 |
| Expenses | 913 | 858 | 853 | 731 | 769 | 783 | 855 | 733 | 751 | 777 | 904 | 860 |
| Operating Profit | 382 | 311 | 297 | 289 | 276 | 283 | 302 | 306 | 297 | 290 | 363 | 308 |
| OPM % | 30% | 27% | 26% | 28% | 26% | 27% | 26% | 29% | 28% | 27% | 29% | 26% |
| Other Income | 62 | 84 | 77 | 83 | 91 | 72 | 98 | 114 | 99 | 132 | 140 | 117 |
| Interest | 7 | 7 | 6 | 6 | 5 | 1 | 8 | 7 | 8 | 16 | 5 | 0 |
| Depreciation | 25 | 27 | 25 | 25 | 24 | 26 | 28 | 28 | 28 | 28 | 29 | 29 |
| Profit before tax | 412 | 361 | 344 | 341 | 337 | 327 | 363 | 386 | 360 | 378 | 468 | 395 |
| Tax % | 21% | 22% | 24% | 24% | 24% | 21% | 21% | 21% | 23% | 22% | 16% | 24% |
| Net Profit | 324 | 280 | 260 | 259 | 256 | 259 | 285 | 305 | 277 | 293 | 393 | 301 |
| EPS in Rs | 34.25 | 29.64 | 27.62 | 27.52 | 27.51 | 27.78 | 30.56 | 32.69 | 29.73 | 31.55 | 42.14 | 32.27 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 9%
- 3 Years
- −3%
- TTM
- 6%
- 10 Years
- 12%
- 5 Years
- 19%
- 3 Years
- 7%
- TTM
- 15%
- 10 Years
- 14%
- 5 Years
- 17%
- 3 Years
- 7%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 17%
- 3 Years
- 17%
- 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.
| AIA Engineering | ₹ 3,591.60 | ₹ 33,533 Cr. | 26.3x | 4.2x | 17% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| Blue Star | ₹ 1,496.00 | ₹ 30,760 Cr. | 62.1x | 10.1x | 16.3% | 4.3% |
Management
- Bhadresh Kantilal Shah
- Executive Chairman of the Board, Managing Director
- Viren Kantilal Thakkar
- Chief Financial Officer
- S. N. Jetheliya
- Compliance Officer, Company Secretary
- Yashwant Manubhai Patel
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.