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Aeron Composite Overview

Aeron Composite Limited is a prominent player in the manufacturing and supply of composite materials, primarily focusing on the aerospace and defense sectors. The company specializes in producing high-performance components using advanced composite technologies, catering to both domestic and international markets. With a commitment to innovation, Aeron Composite invests significantly in research and development to enhance its product offerings, ensuring they meet stringent industry standards. The company’s manufacturing processes are cha...Read More

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Aeron Composite Key Financials

Market Cap ₹170 Cr.

Stock P/E 12.8

P/B 1.7

Current Price ₹100.1

Book Value ₹ 59.3

Face Value 10

52W High ₹150

Dividend Yield 0%

52W Low ₹ 70

Aeron Composite Share Price

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Volume
Price

Aeron Composite Quarterly Price

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Aeron Composite Peer Comparison

Aeron Composite Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Aeron Composite 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 18 29 30 45 63 77 79 108 179 200 215
Other Income 0 0 0 0 0 1 0 2 3 2 5
Total Income 18 29 30 45 63 78 79 110 182 202 221
Total Expenditure 16 26 28 42 58 72 73 102 169 184 197
Operating Profit 2 3 2 3 5 6 7 8 13 18 24
Interest 1 1 1 1 1 1 1 1 2 1 2
Depreciation 1 1 1 1 1 1 2 2 2 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 2 3 4 4 5 10 15 18
Provision for Tax 0 0 0 1 1 1 1 1 3 4 5
Profit After Tax 0 1 1 1 2 3 3 4 7 10 13
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 1 1 2 3 3 4 7 10 13
Adjusted Earnings Per Share 0.4 0.6 0.7 1.2 2.1 2.8 2.5 3.5 5.3 8.1 7.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 8% 26% 23% 28%
Operating Profit CAGR 33% 44% 32% 28%
PAT CAGR 30% 48% 34% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -21% NA% NA% NA%
ROE Average 20% 28% 27% 28%
ROCE Average 21% 30% 27% 24%

Aeron Composite 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 3 3 4 5 7 10 12 16 25 35 101
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 1 1 2 4 7 5 3 1 4 21
Other Non-Current Liabilities 0 0 0 0 0 0 1 1 1 3 -0
Total Current Liabilities 9 10 12 14 20 21 26 41 42 59 84
Total Liabilities 13 15 17 21 30 38 44 61 69 101 206
Fixed Assets 3 3 4 3 5 9 8 8 9 18 20
Other Non-Current Assets 0 0 0 1 0 0 2 2 2 6 36
Total Current Assets 10 12 13 17 25 29 34 51 58 78 150
Total Assets 13 15 17 21 30 38 44 61 69 101 206

Aeron Composite 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 1 1 0 0 1 4 1 0 2 5
Cash Flow from Operating Activities 1 2 2 0 3 6 4 0 2 21 -9
Cash Flow from Investing Activities -1 -1 -1 0 -3 -5 -2 -2 -4 -14 -34
Cash Flow from Financing Activities 1 -1 -1 -0 1 3 -4 1 3 -4 84
Net Cash Inflow / Outflow 0 -0 -0 -0 1 3 -2 -1 1 3 41
Closing Cash & Cash Equivalent 1 1 0 0 1 4 1 0 2 5 46

Aeron Composite 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) 0.38 0.59 0.66 1.16 2.09 2.77 2.45 3.48 5.27 8.07 7.84
CEPS(Rs) 0.89 1.23 1.37 1.85 2.94 4.1 4.2 5.08 6.57 9.84 9.72
DPS(Rs) 0 0 0 0 0 0 0.13 0.13 0.13 0 0
Book NAV/Share(Rs) 2 2.6 3.26 4.42 6.51 9.29 11.62 14.97 20.26 28.33 59.33
Core EBITDA Margin(%) 8.52 8.42 7.05 5.96 6.33 7.24 7.98 5.76 5.67 8.05 8.5
EBIT Margin(%) 5.99 6.47 5.21 4.91 5.33 6.34 5.98 5.69 6.22 7.91 9.55
Pre Tax Margin(%) 2.68 2.96 3.21 3.38 4.2 5.24 4.63 4.63 5.33 7.26 8.45
PAT Margin (%) 2.02 1.97 2.11 2.36 3.01 3.73 3.24 3.34 3.68 5.06 6.2
Cash Profit Margin (%) 4.77 4.06 4.35 3.74 4.23 5.52 5.54 4.88 4.59 6.17 7.69
ROA(%) 3.72 4.37 4.27 6.4 8.5 8.46 6.27 6.95 10.2 11.87 8.69
ROE(%) 20.71 25.99 22.73 30.42 38.32 35.12 23.49 26.19 32.27 33.2 19.55
ROCE(%) 16.74 21.57 16.35 22.28 27.38 24.87 20.66 24.35 33.07 36.45 21.21
Receivable days 48.43 49.38 52.88 49.12 54.7 60.83 74.54 67 52.69 66.27 73.41
Inventory Days 69.09 52.11 65.37 51.05 41.21 41.61 46.06 55.55 41.53 40.4 66.78
Payable days 64.03 54.86 66.59 61.61 70.95 77.16 104.98 111.51 72.33 95.54 136.95
PER(x) 0 0 0 0 0 0 0 0 0 0 16.33
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 2.16
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.41 0.28 0.28 0.18 0.15 0.14 0.13 0.12 0.08 0.04 1.01
EV/Core EBITDA(x) 4.34 2.91 3.42 2.51 1.99 1.69 1.57 1.66 1.06 0.46 9.16
Net Sales Growth(%) 51.74 59.13 4.62 50.51 39.95 23.22 1.84 37.44 65.58 11.34 7.8
EBIT Growth(%) 29.37 75.65 -16.4 47.88 52.52 27.37 -3.96 30.74 81.09 41.55 30.05
PAT Growth(%) 40.98 58.87 11.27 75.47 79.44 32.49 -11.53 41.84 82.54 52.92 32.01
EPS Growth(%) 40.61 58.01 11.36 76.17 80.03 32.49 -11.53 41.84 51.48 52.92 -2.8
Debt/Equity(x) 2.45 2.14 1.8 1.57 1.41 1.39 0.86 0.81 0.55 0.33 0.45
Current Ratio(x) 1.15 1.15 1.13 1.26 1.28 1.39 1.31 1.23 1.37 1.32 1.78
Quick Ratio(x) 0.64 0.71 0.53 0.73 0.83 0.97 0.88 0.71 0.92 0.89 1.14
Interest Cover(x) 1.81 1.84 2.61 3.21 4.74 5.73 4.42 5.38 6.99 12.17 8.68
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0.21

Aeron Composite Shareholding Pattern

# Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 73.63 73.63 73.63 73.63
FII 4.9 0.39 0.73 0.73
DII 3.49 2.98 0.25 0.25
Public 17.98 23 25.39 25.39
Others 0 0 0 0
Total 100 100 100 100

Aeron Composite News

Aeron Composite Pros & Cons

Pros

  • Company has delivered good profit growth of 34% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28%
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Debtor days have increased from 95.54 to 136.95days.
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