Sharescart Research Club logo

Aaron Industries Overview

Aaron Industries Ltd manufactures and sells elevators and elevator components in India. The agency operates thru Elevator, Electrical, and Steel Polishing Divisions. It offers elevator cabins, doors and frame, swing, guide doorways, elevator components, etc.; and auto door systems, door operators, and gearless machines. The organisation additionally provides electrical equipment, together with distribution board and container, busbar, MS box and so on. In addition, it engages metallic polishing activities comprising stainless-steel press plates...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Aaron Industries Key Financials

Market Cap ₹291 Cr.

Stock P/E 35.3

P/B 6.3

Current Price ₹138.7

Book Value ₹ 22.1

Face Value 10

52W High ₹258

Dividend Yield 0.43%

52W Low ₹ 106.8

Aaron Industries Share Price

| |

Volume
Price

Aaron Industries Quarterly Price

Show Value Show %

Aaron Industries Peer Comparison

Aaron Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 14 15 19 17 18 18 24 19 22 23
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 14 15 19 17 18 18 24 19 22 23
Total Expenditure 12 12 15 14 15 15 19 16 18 18
Operating Profit 2 3 4 3 3 3 5 4 4 5
Interest 0 0 0 0 0 0 0 1 1 1
Depreciation 0 0 0 0 0 0 0 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 3 3 3 3 4 2 2 3
Provision for Tax 0 1 1 1 1 1 1 1 1 1
Profit After Tax 1 1 2 2 2 2 3 1 1 2
Adjustments 0 -0 -0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 2 2 2 2 3 1 1 2
Adjusted Earnings Per Share 0.6 0.6 1.1 0.9 0.9 0.9 1.3 0.5 0.7 1

Aaron Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2 3 5 12 18 21 25 38 56 63 78 88
Other Income 0 0 0 0 0 0 0 1 0 0 0 0
Total Income 2 3 5 12 18 21 25 38 56 63 78 88
Total Expenditure 2 3 5 10 16 18 21 32 46 52 63 71
Operating Profit 0 0 0 2 2 3 4 6 10 11 15 18
Interest 0 0 0 0 0 1 1 1 1 1 1 3
Depreciation 0 0 0 0 0 1 1 1 1 1 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 1 2 2 2 5 7 8 12 11
Provision for Tax 0 0 0 0 1 1 1 1 2 2 4 4
Profit After Tax 0 0 0 1 1 1 2 4 5 6 8 7
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 1 1 1 2 4 5 6 8 7
Adjusted Earnings Per Share 0.6 0.2 0.2 0.6 0.5 0.7 1 1.8 2.7 3 3.9 3.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 27% 30% 44%
Operating Profit CAGR 36% 36% 38% 0%
PAT CAGR 33% 26% 52% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -18% 8% 38% NA%
ROE Average 21% 24% 23% 30%
ROCE Average 19% 23% 22% 23%

Aaron Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 0 0 4 9 11 12 16 20 36 43
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 1 1 0 4 3 4 6 5 22 18
Other Non-Current Liabilities 0 0 0 0 0 1 1 1 1 1 2
Total Current Liabilities 1 1 1 3 4 5 5 8 13 18 22
Total Liabilities 1 2 3 7 18 19 22 31 40 77 85
Fixed Assets 0 0 0 1 9 9 13 15 19 24 25
Other Non-Current Assets 0 0 0 0 0 1 1 1 1 27 33
Total Current Assets 1 2 2 5 8 9 8 15 21 25 28
Total Assets 1 2 3 7 18 19 22 31 40 77 85

Aaron Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 0 -1 -0 -0 -0 1 3 1 4 6 9
Cash Flow from Investing Activities 0 0 0 -2 -8 -2 -4 -3 -5 -33 -8
Cash Flow from Financing Activities 0 1 0 2 8 -1 1 2 1 28 -1
Net Cash Inflow / Outflow 0 0 0 -0 0 -1 -0 0 0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 -1 0 0 0 0 0

Aaron Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.59 0.15 0.23 0.63 0.53 0.67 0.96 1.85 2.69 3.02 3.94
CEPS(Rs) 0.67 0.19 0.28 0.7 0.63 0.94 1.27 2.27 3.26 3.7 4.8
DPS(Rs) 0 0 0 0 0 0.16 0 0.4 0.5 0.5 0.6
Book NAV/Share(Rs) 0.94 1.09 1.32 2.4 4.67 5.26 6.06 7.91 10.19 17.11 20.54
Core EBITDA Margin(%) 2.87 4.04 5.28 13.26 11.55 14.33 13.88 15.55 17.07 17.6 19.01
EBIT Margin(%) 2.9 4.05 5.1 12.59 10.59 11.92 12.2 14.75 15.22 15.57 16.97
Pre Tax Margin(%) 2.11 1.55 1.52 11.38 8.96 9.17 9.84 12.88 13.31 13.44 15.22
PAT Margin (%) 1.46 1.01 1.06 7.91 6.03 6.28 7.72 9.83 9.68 10.01 10.58
Cash Profit Margin (%) 1.67 1.27 1.3 8.76 7.19 8.87 10.25 12.08 11.74 12.27 12.9
ROA(%) 4.77 2.04 2.14 19.56 8.65 7.33 9.33 14.06 15.21 10.83 10.19
ROE(%) 91.18 22.69 19.23 48.6 16.4 13.48 16.95 26.44 29.72 22.48 20.9
ROCE(%) 27.27 14.6 16.25 47.64 19.34 16.77 17.4 25.14 29.88 19.83 18.59
Receivable days 64.96 75.02 55.23 34.96 35.37 36.28 30.25 20.19 16.3 17.52 20.51
Inventory Days 26.41 81.23 101.9 74.52 82.19 86.65 85.45 63.99 70.57 89.14 75.85
Payable days 95.53 122.9 76.78 67.76 59.06 43.02 28.7 23.41 30.29 29.93 21.49
PER(x) 0 0 0 0 21.64 16.09 29.81 30.72 34.07 43.13 41.5
Price/Book(x) 0 0 0 0 2.44 2.05 4.72 7.17 8.99 7.62 7.95
Dividend Yield(%) 0 0 0 0 0 1.46 0 0.71 0.55 0.38 0.37
EV/Net Sales(x) 0.17 0.41 0.31 0.25 1.58 1.25 2.58 3.25 3.48 4.78 4.77
EV/Core EBITDA(x) 5.47 9.28 5.87 1.85 13.48 8.6 17.51 19.14 20.16 26.81 24.71
Net Sales Growth(%) 507.72 37.17 47.32 145.46 49.15 21.91 16.66 51.18 47.98 13.21 23.26
EBIT Growth(%) 306.49 94.69 82.87 504.74 25.5 37.15 19.43 82.79 52.68 15.8 34.36
PAT Growth(%) 224.12 -3.82 52.92 1723.25 13.8 26.92 43.38 92.49 45.7 17.14 30.21
EPS Growth(%) 224.12 -74.19 51.29 173.94 -16.34 26.92 43.38 92.48 45.7 12.34 30.2
Debt/Equity(x) 7.12 4.8 4.58 0.3 0.56 0.49 0.58 0.58 0.56 0.88 0.74
Current Ratio(x) 1.17 2.18 2.01 1.86 1.95 1.69 1.65 1.81 1.56 1.42 1.25
Quick Ratio(x) 0.8 0.92 0.78 0.73 0.89 0.66 0.46 0.94 0.48 0.49 0.52
Interest Cover(x) 3.67 1.62 1.42 10.39 6.5 4.33 5.17 7.88 7.98 7.32 9.71
Total Debt/Mcap(x) 0 0 0 0 0.23 0.24 0.12 0.08 0.06 0.12 0.09

Aaron Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.06 73.06 73.06 73.06 73.06 73.06 73.06 73.06 73.06 73.07
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0.52 0.52 0.52 0.43 0 0 0
Public 26.94 26.94 26.94 26.43 26.43 26.43 26.51 26.94 26.94 26.93
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Aaron Industries News

Aaron Industries Pros & Cons

Pros

  • Company has delivered good profit growth of 51% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 24%
  • Debtor days have improved from 29.93 to 21.49days.
  • Company has reduced debt.

Cons

  • Stock is trading at 6.3 times its book value.
whatsapp