Price
Financials
Standalone, Rs crore| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 82 | 118 | 108 | 109 | 117 | 103 |
| Expenses | 74 | 110 | 98 | 99 | 108 | 95 |
| Operating Profit | 8 | 8 | 10 | 9 | 9 | 8 |
| OPM % | 10% | 6% | 9% | 9% | 8% | 8% |
| Other Income | 1 | 1 | 2 | 2 | 4 | 1 |
| Interest | 1 | 0 | 1 | 1 | 1 | 2 |
| Depreciation | 1 | 1 | 2 | 1 | 2 | 5 |
| Profit before tax | 8 | 7 | 10 | 9 | 10 | 2 |
| Tax % | 34% | 26% | 31% | 22% | 24% | 33% |
| Net Profit | 5 | 5 | 7 | 7 | 7 | 1 |
| EPS in Rs | 31.98 | 32.56 | 3.91 | 3.91 | 4.25 | 0.87 |
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 45 | 77 | 79 | 108 | 179 | 200 | 218 | 222 |
| Expenses | 42 | 72 | 73 | 102 | 169 | 184 | 197 | 203 |
| Operating Profit | 3 | 6 | 6 | 6 | 10 | 16 | 21 | 19 |
| OPM % | 7% | 7% | 8% | 6% | 6% | 8% | 10% | 9% |
| Other Income | 0 | 1 | 0 | 2 | 3 | 2 | 3 | 3 |
| Interest | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 7 |
| Profit before tax | 2 | 4 | 4 | 5 | 10 | 15 | 18 | 12 |
| Tax % | 30% | 29% | 30% | 28% | 31% | 30% | 27% | 26% |
| Net Profit | 1 | 3 | 3 | 4 | 7 | 10 | 13 | 9 |
| EPS in Rs | 9.31 | 22.23 | 19.62 | 27.85 | 42.20 | 64.54 | 7.84 | 5.12 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 23% | 7% | 2% | ||
| Compounded Profit Growth | % | 28% | 10% | -34% | ||
| Stock Price CAGR | % | % | % | -21% | ||
| Return on Equity | % | 18% | 16% | 8% |
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 2 | 2 | 17 | 17 |
| Reserves | 3 | 8 | 11 | 14 | 24 | 34 | 84 | 93 |
| Borrowings | 7 | 13 | 10 | 13 | 14 | 12 | 45 | 58 |
| Other Liabilities | 9 | 15 | 21 | 33 | 30 | 54 | 60 | 44 |
| Total Liabilities | 21 | 38 | 44 | 61 | 69 | 101 | 206 | 212 |
| Fixed Assets | 3 | 9 | 8 | 8 | 9 | 18 | 20 | 76 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 4 | 35 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18 | 29 | 36 | 53 | 60 | 80 | 152 | 133 |
| Total Assets | 21 | 38 | 44 | 61 | 69 | 101 | 206 | 212 |
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | 6 | 4 | 0 | 2 | 21 | -9 | 6 |
| Cash from Investing Activity | 0 | -5 | -2 | -2 | -4 | -14 | -34 | -29 |
| Cash from Financing Activity | -0 | 3 | -4 | 1 | 3 | -4 | 84 | 9 |
| Net Cash Flow | -0 | 3 | -2 | -1 | 1 | 3 | 41 | -14 |
| Free Cash Flow | 0 | 0 | 3 | -1 | -2 | 7 | -45 | -26 |
| CFO/OP | 1% | 106% | 58% | 24% | 41% | 168% | -18% | 50% |
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 62 | 88 | 70 | 63 | 76 | 76 | 79 |
| Inventory Days | 76 | 61 | 84 | 106 | 56 | 76 | 159 | 111 |
| Days Payable | 76 | 74 | 133 | 135 | 64 | 125 | 152 | 95 |
| Cash Conversion Cycle | 73 | 49 | 39 | 41 | 55 | 27 | 82 | 96 |
| Working Capital Days | 66 | 18 | 31 | 30 | 28 | 25 | 33 | 28 |
| ROCE % | 21% | 24% | 33% | 36% | 21% | 10% |
| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Promoters | 73.63% | 73.63% | 73.63% | 73.63% |
| FIIs | 4.90% | 0.39% | 0.73% | 0.73% |
| DIIs | 3.49% | 2.98% | 0.25% | 0.25% |
| Public | 17.98% | 23.00% | 25.38% | 25.38% |
| No. of Shareholders | 1,648 | 1,779 | 1,906 | 1,789 |
Fundamentals
Market Cap₹ 141 Cr.
Current Price₹ 83.0
Stock P/E16.1
Book Value₹ 64.4
ROCE9.69 %
ROE8.32 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-34%
Standalone figures.
Valuation
Market capRs 140 Cr
Enterprise valueRs 147 Cr
P/E (TTM)13.87x
Price to book3.95x
Price to sales0.70x
EV / EBITDA8.15x
EV / EBIT9.30x
EV / sales0.74x
Price to cash flow6.66x
Earnings yield7.21%
Profitability
Operating margin (excl. other income)8.05%
Operating margin (incl. other income)9.03%
EBITDA margin9.03%
Pre-tax margin7.26%
Net profit margin5.06%
ROE33.21%
ROCE36.46%
ROA11.87%
ROE, 3-year average30.56%
ROCE, 3-year average31.31%
ROA, 3-year average9.67%
ROE, 5-year average31.13%
ROCE, 5-year average28.55%
ROA, 5-year average9.03%
ROIC (approx.)26.08%
Tax rate30.32%
Other income / net worth5.49%
Growth
Sales growth (latest year)11.34%
Profit growth (latest year)52.95%
Sales CAGR, 3 years36.33%
Sales CAGR, 5 years34.80%
Profit CAGR, 3 years58.27%
Profit CAGR, 5 years52.90%
Per share
EPS (TTM)Rs 5.94
EPS (latest year)Rs 64.54
EPS, 3-year averageRs 44.86
EPS, 5-year averageRs 35.29
Book value per shareRs 20.86
Sales per shareRs 117.35
Cash flow per shareRs 12.37
Free cash flow per shareRs -15.28
Efficiency
Asset turnover1.97x
Fixed asset turnover11.30x
Inventory turnover5.84x
Inventory days62 days
Debtor days76 days
Debtors turnover4.82x
Creditor days95 days
Cash conversion cycle96 days
Working capital days28 days
Leverage
Total debtRs 12 Cr
Cash and bankRs 5 Cr
Net debtRs 7 Cr
Debt to equity0.33x
Net debt / EBITDA0.37x
Interest coverage12.16x
Owners' fund to total sources35.05%
Debt to assets11.68%
Cash flow
Cash from Operating Activity (latest year)Rs 21 Cr
Cash from Investing Activity (latest year)Rs -14 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -26 Cr
FCFE (approx.: FCF + change in debt)Rs -28 Cr
Cash from ops / profit, 5 years0.47x
Sales to cash flow9.49x
Statement figures
Net sales (TTM)Rs 200 Cr
Net sales (latest year)Rs 200 Cr
Operating profit excl. other income (latest year)Rs 16 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 18 Cr
PBDT (TTM)Rs 17 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 10 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 147 Cr
Total expenditure (latest year)Rs 184 Cr
Total income (latest year)Rs 202 Cr
Share capitalRs 2 Cr
ReservesRs 34 Cr
Shareholders' fundsRs 36 Cr
Total assetsRs 101 Cr
Net blockRs 18 Cr
Capital work in progressRs 4 Cr
ReceivablesRs 41 Cr
InventoryRs 25 Cr
Other liabilitiesRs 54 Cr
Shares outstanding (crore)1.70
Ownership
Promoter holding73.63%
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.9 is at the 15th percentile of its own 2.2-year range
(median 26.9, low 12.0, high 87.4).
P/B 3.95 is at the 15th percentile (median 7.01).
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.
| Period | AERON | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.5% | -2.8% | +3.3 pts |
| 1 month | +16.0% | -6.8% | +22.8 pts |
| 3 months | +7.7% | -7.6% | +15.3 pts |
| 6 months | +5.6% | +0.4% | +5.2 pts |
| 1 year | -26.4% | -9.9% | -16.5 pts |
| 2 years | -37.0% | -13.6% | -23.4 pts |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
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.
Latest quarter
Mar 2026Sales ₹103 Cr -12.7% vs Mar 2024.
Net profit ₹1 Cr -80.0%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
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.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Aeron Composites Ltd?
Aeron Composites Ltd (AERON) has a market capitalisation of Rs 141 Cr. at the 2026-10-01 close.
What is the P/E ratio of Aeron Composites Ltd?
Aeron Composites Ltd trades at a P/E of 16.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Aeron Composites Ltd's latest quarterly results?
In the Mar 2026 quarter, Aeron Composites Ltd sales was Rs 103 Cr (-12.7% vs Mar 2024) and net profit was Rs 1 Cr.
What is the 52-week high and low of Aeron Composites Ltd?
The 52-week high is Rs 121.95 and the 52-week low is Rs 70.00.