Sharescart Research Club logo

AIA Engineering Overview

AIA Engineering Limited manufactures and markets various high chromium consumable elements (mill internals). The Company employs alloy-casting system for manufacture of the products, which involves designing and choosing the high-chrome alloy composition with relation to the end application. The Company produces a range of high chrome mill internals, which can be used as wear parts within the process of crushing/grinding inside the cement, mining, software, thermal energy and combination industries. The Company's offerings comprises mill audits...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.

AIA Engineering Key Financials

Market Cap ₹36843 Cr.

Stock P/E 34.8

P/B 5

Current Price ₹3948

Book Value ₹ 789.4

Face Value 2

52W High ₹4170

Dividend Yield 0.41%

52W Low ₹ 3000.6

AIA Engineering Share Price

₹ | |

Volume
Price

AIA Engineering Quarterly Price

Show Value Show %

AIA Engineering Peer Comparison

AIA Engineering Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1240 1295 1169 1150 1020 1044 1066 1157 1039 1048
Other Income 60 62 83 76 82 90 67 92 108 98
Total Income 1299 1357 1252 1227 1102 1134 1134 1249 1147 1146
Total Expenditure 897 913 858 853 731 769 783 855 733 751
Operating Profit 403 444 394 374 371 366 350 394 415 395
Interest 7 7 7 6 6 5 1 8 7 8
Depreciation 24 25 27 25 25 24 26 28 28 28
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 371 412 360 343 339 337 323 357 380 360
Provision for Tax 98 88 81 83 81 81 69 78 80 82
Profit After Tax 273 324 279 260 258 256 255 280 299 277
Adjustments -0 -1 0 1 2 1 5 6 6 0
Profit After Adjustments 272 323 280 261 260 257 259 285 305 277
Adjusted Earnings Per Share 28.9 34.3 29.6 27.6 27.5 27.5 27.8 30.6 32.7 29.7

AIA Engineering 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 2184 2098 2246 2445 3069 2970 2881 3567 4909 4854 4287 4310
Other Income 84 102 104 122 121 142 172 156 235 281 332 365
Total Income 2268 2200 2350 2567 3190 3112 3054 3723 5143 5135 4619 4676
Total Expenditure 1596 1486 1607 1906 2406 2285 2222 2841 3663 3515 3134 3122
Operating Profit 672 715 743 661 784 827 831 882 1480 1620 1485 1554
Interest 8 8 8 11 11 10 8 9 25 33 26 24
Depreciation 70 66 72 66 79 98 94 92 93 100 103 110
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 594 641 662 585 694 719 730 781 1362 1488 1368 1420
Provision for Tax 163 184 205 141 183 128 164 162 306 351 308 309
Profit After Tax 431 457 457 444 511 590 566 620 1057 1137 1060 1111
Adjustments 0 0 -0 -0 -1 0 0 0 -1 -1 1 17
Profit After Adjustments 431 457 457 443 511 590 566 620 1056 1136 1061 1126
Adjusted Earnings Per Share 45.7 48.4 48.4 47 54.2 62.6 60 65.7 112 120.4 113.7 120.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -12% 6% 8% 7%
Operating Profit CAGR -8% 19% 12% 8%
PAT CAGR -7% 20% 12% 9%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 13% 17% 14% 17%
ROE Average 16% 18% 16% 17%
ROCE Average 19% 22% 21% 22%

AIA Engineering 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 2084 2323 2717 3009 3514 3701 4244 4755 5691 6658 6927
Minority's Interest 8 8 8 9 9 9 9 8 9 10 10
Borrowings 55 25 0 0 15 0 0 1 0 0 0
Other Non-Current Liabilities 34 60 79 82 96 88 1498 1346 55 78 108
Total Current Liabilities 369 375 385 458 399 363 617 464 875 749 788
Total Liabilities 2549 2791 3190 3559 4033 4162 6369 6574 6630 7494 7833
Fixed Assets 551 672 670 671 845 890 811 790 1003 1110 1175
Other Non-Current Assets 91 59 111 190 131 128 1917 1898 315 385 223
Total Current Assets 1906 2060 2409 2697 3057 3144 3640 3887 5312 5999 6435
Total Assets 2549 2791 3190 3559 4033 4162 6369 6574 6630 7494 7833

AIA Engineering 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 220 187 118 242 181 208 148 462 257 307 180
Cash Flow from Operating Activities 307 595 231 294 190 679 598 -40 868 903 1162
Cash Flow from Investing Activities -257 -449 -16 -205 -164 -311 -351 100 -1208 -819 -194
Cash Flow from Financing Activities -83 -208 -91 -158 -0 -429 67 -267 395 -211 -743
Net Cash Inflow / Outflow -33 -63 123 -69 26 -60 314 -207 54 -127 225
Closing Cash & Cash Equivalent 187 124 242 181 208 148 462 257 307 180 397

AIA Engineering 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) 45.69 48.44 48.43 47 54.16 62.59 60.02 65.7 111.95 120.4 113.67
CEPS(Rs) 53.08 55.38 56.16 53.99 62.58 72.96 69.89 75.46 121.88 131.18 124.64
DPS(Rs) 8 18 8 8 9 27 9 9 16 16 16
Book NAV/Share(Rs) 220.9 246.25 288.09 319.05 372.53 392.42 449.99 504.13 603.4 705.86 742.28
Core EBITDA Margin(%) 26.01 28.21 27.52 21.83 21.58 22.95 22.83 20.32 25.37 27.55 26.89
EBIT Margin(%) 26.67 29.88 28.9 24.1 22.95 24.42 25.55 22.11 28.25 31.31 32.49
Pre Tax Margin(%) 26.33 29.5 28.53 23.66 22.58 24.08 25.27 21.87 27.74 30.62 31.89
PAT Margin (%) 19.09 21.03 19.7 17.94 16.63 19.78 19.59 17.35 21.52 23.4 24.71
Cash Profit Margin (%) 22.18 24.04 22.83 20.6 19.2 23.06 22.83 19.93 23.41 25.46 27.11
ROA(%) 18.02 17.11 15.29 13.15 13.47 14.41 10.74 9.57 16 16.1 13.83
ROE(%) 22.55 20.73 18.14 15.49 15.68 16.36 14.24 13.77 20.23 18.41 15.61
ROCE(%) 29.79 27.69 25 19.9 20.83 19.55 17.9 17.19 25.34 22.88 19.2
Receivable days 66.73 69.24 72.77 80.83 77.55 82.83 81.33 73.51 61.74 65.39 72.59
Inventory Days 65.53 71.3 72.61 80.27 79.5 95.64 96.89 101.21 90.85 90.99 94.48
Payable days 60.39 55.49 57.97 55.86 49.35 48.22 48.27 44.98 40.47 38.74 39.42
PER(x) 27.27 19.36 32.76 30.36 33.05 22.08 34.12 24.77 25.93 32.52 29.45
Price/Book(x) 5.64 3.81 5.51 4.47 4.8 3.52 4.55 3.23 4.81 5.55 4.51
Dividend Yield(%) 0.64 1.92 0.5 0.56 0.5 1.95 0.44 0.55 0.55 0.41 0.48
EV/Net Sales(x) 5.34 4.24 6.62 5.45 5.47 4.37 6.28 4.16 5.51 7.59 7.3
EV/Core EBITDA(x) 17.36 12.46 20 20.13 21.41 15.72 21.78 16.84 18.29 22.73 21.06
Net Sales Growth(%) 4.98 -3.9 7.04 8.87 25.53 -3.24 -2.98 23.77 37.63 -1.12 -11.67
EBIT Growth(%) 28.17 7.85 3.29 -11.13 18.41 3.3 1.24 7.04 75.6 9.7 -8.37
PAT Growth(%) 32.3 6 0.09 -2.97 15.29 15.42 -4.17 9.53 70.51 7.62 -6.77
EPS Growth(%) 32.61 6.02 -0.02 -2.94 15.22 15.57 -4.11 9.46 70.4 7.54 -5.59
Debt/Equity(x) 0.05 0.08 0.05 0.04 0.04 0.03 0.04 0 0.09 0.07 0.07
Current Ratio(x) 5.17 5.49 6.25 5.89 7.67 8.67 5.9 8.38 6.07 8.01 8.17
Quick Ratio(x) 3.92 4.45 4.86 4.68 5.7 6.52 4.68 5.74 4.68 6.4 6.88
Interest Cover(x) 79.61 78.3 79.51 54.96 63.4 72.38 90.14 92.91 55.84 45.51 54.35
Total Debt/Mcap(x) 0.01 0.02 0.01 0.01 0.01 0.01 0.01 0 0.02 0.01 0.02

AIA Engineering Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 58.47 58.47 58.47 58.47 58.5 58.5 58.5 58.5 58.5 58.5
FII 18.5 18.29 18.17 17.68 17.94 17.21 17.06 16.99 16.66 16.58
DII 20.29 20.46 20.54 20.95 20.84 21.85 22.03 22.02 22.18 22.25
Public 2.74 2.78 2.82 2.91 2.72 2.45 2.41 2.49 2.66 2.67
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

AIA Engineering News

AIA Engineering Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Debtor days have increased from 38.74 to 39.42days.
  • Stock is trading at 5 times its book value.
whatsapp