MarketFriction

Aeroflex Enterprises Ltd

NSE AEROENTER · BSE 511076 · Iron & Steel Products
₹121.93 -1.67%
NSE close2026-10-01
52 week range62.20 - 159.60
Market cap₹1,410 Cr.
P/E9.28
Price band 20% Delivery 40.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales137118115123138157161134172191200189
Expenses11710399101113129133116143154164172
Operating Profit201617212529271830383617
OPM %14%13%15%17%18%18%17%14%17%20%18%9%
Other Income187107711468857143
Interest322121111211
Depreciation2223335788109
Profit before tax20121202431272717283332150
Tax %13%31%26%24%28%20%31%17%28%25%20%31%
Net Profit17515141822221914202526103
EPS in Rs15.501.060.531.161.311.240.980.901.241.422.128.54
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9291100230225205347466500578697752
Expenses928890197210178287411427475575632
Operating Profit0410331526595574103123121
OPM %0.2%4.1%10%14%7%13%17%12%15%18%18%16%
Other Income12011405182782727163
Interest112131198811775
Depreciation111555679153335
Profit before tax-2228152125058332109111243
Tax %13%3%13%-2%-18%24%23%23%17%26%23%
Net Profit-2217163939452748185174
EPS in Rs-0.352.130.651.240.230.783.143.7822.814.705.6813.32
Dividend Payout %0%0%15%8%0%13%5%5%1%6%7%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth22%28%14%27%
Compounded Profit Growth43%49%17%203%
Stock Price CAGR26%32%7%49%
Return on Equity10%11%9%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital91120222223232323232323
Reserves-466984120137145180239626678804
Borrowings324112886717391105633141
Other Liabilities045321960596485124182243288
Total Liabilities8861321522872893043794908939751,156
Fixed Assets027272977757580112144271345
CWIP000000013261023
Investments035148661013202227
Other Assets856100110202209223275363723672761
Total Assets8861321522872893043794908939751,156
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity018-26-2137281917-7-2463718
Cash from Investing Activity-1-20-2-122-26-4-21-2821720-25
Cash from Financing Activity463525-44-1-1185879-9913
Net Cash Flow347-9-51442250-427
Free Cash Flow1-4-26-24312614-2-37-291-61-60
CFO/OP-3%9,861%-670%-213%118%190%75%32%14%-255%61%38%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days15151179568484958584108120112
Inventory Days020343773891098898101144149
Days Payable17513447891081237561757895
Cash Conversion Cycle15-4804667658298121134185166
Working Capital Days8-68129209159165196114115145187203
ROCE %-86%-0%6%9%15%4%9%20%17%14%14%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.59%51.59%51.59%51.59%51.59%51.59%51.59%51.59%51.59%51.59%51.59%52.30%
FIIs2.29%0.75%0.75%1.11%0.60%0.56%0.50%0.50%0.46%0.56%0.54%1.25%
DIIs0.00%0.00%0.21%0.21%0.00%0.00%0.04%0.04%0.04%0.04%0.06%0.07%
Public46.12%47.66%47.45%47.11%47.81%47.84%47.88%47.87%47.91%47.81%47.81%46.39%
No. of Shareholders16,58824,97028,51933,21642,08143,12543,04542,83239,45137,00035,37436,992

Fundamentals

Market Cap₹ 1,410 Cr.
Current Price₹ 125
Stock P/E9.28
Book Value₹ 73.1
ROCE12.6 %
ROE8.41 %
Dividend Yield0.32 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)203%
Consolidated figures.
Valuation
Market capRs 1,379 Cr
Enterprise valueRs 1,273 Cr
P/E (TTM)9.15x
Price to book1.67x
Price to sales1.83x
EV / EBITDA4.49x
EV / EBIT5.12x
EV / sales1.69x
Price to cash flow75.35x
Earnings yield10.93%
Dividend yield0.33%
P/E, 3-year average10.81x
P/B, 3-year average1.24x
P/E, 5-year average12.11x
P/B, 5-year average1.69x
Profitability
Operating margin (excl. other income)17.62%
Operating margin (incl. other income)21.54%
EBITDA margin37.68%
Pre-tax margin32.36%
Net profit margin20.03%
Net margin, latest quarter51.13%
ROE8.41%
ROCE14.66%
ROA6.03%
ROE, 3-year average24.33%
ROCE, 3-year average31.41%
ROA, 3-year average16.33%
ROE, 5-year average22.12%
ROCE, 5-year average27.19%
ROA, 5-year average13.85%
ROIC (approx.)26.60%
Tax rate22.87%
Other income / net worth3.30%
Growth
Sales growth (latest year)20.59%
Profit growth (latest year)20.90%
Sales CAGR, 3 years14.37%
Sales CAGR, 5 years27.78%
Profit CAGR, 3 years14.48%
Profit CAGR, 5 years48.91%
Sales growth QoQ-5.30%
Profit growth QoQ302.12%
Sales growth YoY (latest quarter)40.54%
Profit growth YoY (latest quarter)848.28%
Per share
EPS (TTM)Rs 13.32
EPS (latest year)Rs 5.68
EPS (latest quarter)Rs 8.54
EPS, 3-year averageRs 11.06
EPS, 5-year averageRs 8.02
Book value per shareRs 73.11
Sales per shareRs 66.53
Cash flow per shareRs 1.62
Free cash flow per shareRs -5.31
Dividend per share (latest year)Rs 0.40
Dividend per share, 3-year averageRs 0.33
Dividend per share, 5-year averageRs 0.27
Dividends
Dividend payout7.04%
Dividend payout, 3-year average4.91%
Dividend payout, 5-year average4.96%
Efficiency
Asset turnover0.60x
Fixed asset turnover2.02x
Inventory turnover2.64x
Inventory days138 days
Debtor days112 days
Debtors turnover3.26x
Creditor days95 days
Cash conversion cycle166 days
Working capital days203 days
Leverage
Total debtRs 41 Cr
Cash and bankRs 146 Cr
Net debtRs -105 Cr
Debt to equity0.05x
Net debt / EBITDA-0.37x
Interest coverage46.77x
Current ratio (filing 2026-03-31)4.25x
Quick ratio (filing 2026-03-31)3.28x
Trade payables (filing 2026-03-31)Rs 102 Cr
Owners' fund to total sources71.53%
Debt to assets3.51%
Cash flow
Cash from Operating Activity (latest year)Rs 18 Cr
Cash from Investing Activity (latest year)Rs -25 Cr
Cash from Financing Activity (latest year)Rs 13 Cr
Net Cash Flow (latest year)Rs 7 Cr
Free cash flow (latest year)Rs -60 Cr
FCFE (approx.: FCF + change in debt)Rs -50 Cr
Cash from ops / profit, 5 years-0.35x
Sales to cash flow38.11x
Statement figures
Net sales (TTM)Rs 752 Cr
Net sales (latest year)Rs 697 Cr
Sales (latest quarter)Rs 189 Cr
Operating profit excl. other income (latest year)Rs 123 Cr
Operating profit (latest quarter)Rs 17 Cr
Other income (TTM)Rs 163 Cr
EBITDA (TTM)Rs 284 Cr
PBDT (TTM)Rs 278 Cr
Profit before tax (TTM)Rs 243 Cr
Tax (latest year)Rs 25 Cr
Net profit (TTM)Rs 151 Cr
Net profit (latest year)Rs 64 Cr
Net profit (latest quarter)Rs 97 Cr
Depreciation (TTM)Rs 35 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 421 Cr
Total expenditure (latest year)Rs 575 Cr
Total income (latest year)Rs 725 Cr
Share capitalRs 23 Cr
ReservesRs 804 Cr
Shareholders' fundsRs 827 Cr
Total assetsRs 1,156 Cr
Net blockRs 345 Cr
Capital work in progressRs 23 Cr
InvestmentsRs 27 Cr
ReceivablesRs 214 Cr
InventoryRs 159 Cr
Other liabilitiesRs 288 Cr
Shares outstanding (crore)11.31
Ownership
Promoter holding52.30% (+0.71 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 9.2 is at the 7th percentile of its own 9.4-year range (median 22.4, low 3.9, high 92.5).
P/B 1.67 is at the 28th percentile (median 2.28).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAEROENTERNifty 50Difference
1 week-3.9%-2.8% -1.1 pts
1 month-15.0%-6.8% -8.2 pts
3 months-6.7%-7.6% +0.9 pts
6 months+87.8%+0.4% +87.4 pts
1 year+41.9%-9.9% +51.8 pts
2 years-3.4%-13.6% +10.2 pts
3 years+18.6%+14.2% +4.4 pts
5 years+249.9%+27.9% +222.0 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -51% of net profit over the last 3 years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-17A Flex Invest Private LimitedPromoter groupbuy175,700SAST Open Market
2026-09-17A Flex Invest Private LimitedPromoter groupbuy175,700SAST Open Market
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹189 Cr +41.0% vs Jun 2025. Net profit ₹103 Cr +635.7%.
Against our estimate for Jun 2026: sales +14.7%, profit +407.7% beat. Our estimate for Sep 2026: sales Rs 228 Cr, profit Rs 30 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-01Dividend - Re 0.40 Per Share
2025-09-08Dividend - Rs 0.30 Per Share
2024-07-12Dividend - Rs 0.15 Per Share
2024-07-12Annual General Meeting
2023-11-15Interim Dividend - Rs 0.15 Per Share
2023-07-11Dividend - Re 0.10 Per Share
2023-07-11Annual General Meeting
2023-02-21Interim Dividend - Re 0.10 Per Share
DateTypeWhat it says
2026-09-08Shareholder meetingVoting Results and Scrutinizers Report of 41st Annual General Meeting of the Company
2026-09-08Change in ManagementRe-appointment of Mrs. Uma Mandavgane as a Non-Executive Independent Woman Director
2026-09-08Shareholder meetingProceedings of 41st Annual General Meeting held on Tuesday, September 08, 2026
2026-08-14UpdatesWe are enclosing herewith the intimation regarding letter dispatched to the shareholders whose e-mail is not registered with the Company/RTA/DPs, cont...
2026-08-14UpdatesThe Register of Members and Share Transfer Books will remain closed from Wednesday, September 02, 2026, to Tuesday, September 08, 2026. (both days inc...
2026-08-14Record DateRecord date for the purpose of Dividend is 01-Sep-2026.
2026-08-14Shareholder meetingWe are enclosing herewith the Notice of 41st Annual General Meeting of the Company scheduled to be held on Tuesday, September 08, 2026 at 11:00 a.m. t...
2026-08-11Investor PresentationInvestor Presentation
2026-08-11Board meeting outcomeThe un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, along with Limited Review Reports
2026-06-26Change in ManagementWe wish to inform you that the Board of Directors of the Company at its meeting held today, i.e. June 26, 2026 inter-alia, considered and approved the...
2026-06-26AllotmentThe allotment of 79,200 Equity shares under the SAT Industries Limited Employee Stock Option Plan 2024
2026-06-24Price movementSignificant movement in price has been observed in Aeroflex Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant ...
2026-06-23Price movementSignificant movement in price has been observed in Aeroflex Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant ...
2026-05-13Change in ManagementRe-appointment of M/s. S S N & Co., Chartered Accountants (FRN: 024352N) as an Internal Auditor of the Company for the Financial year 2026-27.
2026-05-13Investor PresentationInvestor Presentation
2026-05-13DividendBoard of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 0.40 per equity share.
2026-05-13Board meeting outcomeThe Board of Directors of the Company at its Meeting held today i.e. Wednesday, May 13, 2026, inter alia, transacted the following businesses:1. Appr...
2026-05-07Disclosure under SEBI TakeovAeroflex Enterprises Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-05-07Disclosure under SEBI TakeovAeroflex Enterprises Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-05-07Disclosure under SEBI TakeovA Flex Invest Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India ...
2026-05-07Disclosure under SEBI TakeovAeroflex Enterprises Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-05-06Disclosure under SEBI TakeovSAT Invest Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su...
2026-04-30General UpdatesUpdate on Sale of Entire Equity Stake in M.R. Organisation Limited
2026-04-29Board meeting outcomeThe Board of Directors of the Company have approved the transfer/sale of its equity stake of 68% in M.R. Organisation Limited to INGERSOLL-RAND INDUS...
2026-04-27General UpdatesAcquisition of remaining 49% equity stake in ABP Impex, Portugal (EU), by M.R. Organisation (USA) LLC (Subsidiary of M.R. Organisation Limited)
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Aeroflex Enterprises Ltd?

Aeroflex Enterprises Ltd (AEROENTER) has a market capitalisation of Rs 1,410 Cr. at the 2026-10-01 close.

What is the P/E ratio of Aeroflex Enterprises Ltd?

Aeroflex Enterprises Ltd trades at a P/E of 9.28 on trailing twelve-month profit, at the 2026-10-01 close.

What were Aeroflex Enterprises Ltd's latest quarterly results?

In the Jun 2026 quarter, Aeroflex Enterprises Ltd sales was Rs 189 Cr (+41.0% vs Jun 2025) and net profit was Rs 103 Cr.

What is the 52-week high and low of Aeroflex Enterprises Ltd?

The 52-week high is Rs 159.60 and the 52-week low is Rs 62.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03