Patels Airtemp India Ltd
- Market cap
- ₹ 192 Cr.
- P/E
- 12.5x
- P/B
- 1.16x
- 52-week range
- 180.1 – 437.15
- ROE
- 6%
- ROCE
- 10%
- Dividend yield
- 0.9%
- Debt / equity
- 0.53
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- BSE
About
Patels Airtemp (India) Limited is an India-based company. The Company is engaged in the manufacture and sale of a range of heat exchangers, such as shell & tube types, finned tube type and air-cooled heat exchangers, pressure vessels, air-conditioning and refrigeration equipment and turnkey heating, ventilation, and air conditioning (HVAC) projects in India and marketing of equipment even outside India. The Company operates through the Engineering segment. Its air-cooled heat exchangers are used in a variety of applications, including refineries, petrochemical complexes, natural gas processing facilities and power plants. Its ambient air heater is mainly used to heat up liquefied natural gas (LNG), propane, butane and all other cryogens and liquefied gases at ambient temperatures. The Company serves various industries, including oil and gas, pharmaceuticals, thermal power, nuclear power, chemical, fertilizer, petrochemical, textiles, cement, and compressor OEM.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Patels Airtemp India Ltd 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)12.5 against a typical 29.6: cheaper than most peers (1st = cheapest).31st of 184
- Sales growth−81.2% against a typical +20.3% from a year earlier.138th of 147
- Profit growth−122.1% against a typical +9.4% from a year earlier.112th of 121
- Share price, 3 months+1.3% against a typical −3.4%.64th of 164
- Size₹ 191.5 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).99th of 176
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 | 85 | 87 | 115 | 114 | 82 | 88 | 104 | 83 | 22 | 59 | 90 | 16 |
| Expenses | 77 | 79 | 104 | 103 | 74 | 79 | 96 | 76 | 19 | 52 | 82 | 14 |
| Operating Profit | 8 | 8 | 11 | 10 | 8 | 9 | 8 | 7 | 3 | 6 | 7 | 2 |
| OPM % | 9.9% | 8.9% | 9.6% | 9.1% | 9.5% | 10.2% | 8.2% | 7.9% | 14.4% | 11% | 8% | 11.8% |
| Other Income | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
| Interest | 3 | 3 | 5 | 3 | 3 | 4 | 2 | 2 | 2 | 4 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 5 | 7 | 7 | 4 | 5 | 6 | 4 | 2 | 3 | 5 | −1 |
| Tax % | 25.6% | 27.6% | 28.5% | 25.5% | 25.7% | 18.1% | 27.6% | 31.5% | 61.2% | 12.2% | 18.2% | −19.5% |
| Net Profit | 3 | 3 | 5 | 5 | 3 | 4 | 4 | 3 | 1 | 3 | 4 | −1 |
| EPS in Rs | 6.07 | 6.27 | 8.67 | 9.25 | 5.76 | 6.97 | 8.21 | 5.12 | 1.21 | 4.86 | 7.59 | −1.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 0%
- 3 Years
- −4%
- TTM
- −48%
- 10 Years
- 4%
- 5 Years
- −2%
- 3 Years
- −3%
- TTM
- −52%
- 10 Years
- 6%
- 5 Years
- 9%
- 3 Years
- −1%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 10%
- 3 Years
- 9%
- 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.
| Patels Airtemp India Ltd | ₹ 344.00 | ₹ 192 Cr. | 12.5x | 1.2x | 6% | — |
| 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% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Sanjivkumar N. Patel
- Chairman of the Board, Managing Director
- K. R. Shah
- Chief Financial Officer
- Nikhil Maneklal Patel
- Compliance Officer, Company Secretary
- Shivang P. Patel
- Whole-time Director
- Apurva V. Shah
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.