Board approves Rs 202 Cr expansion in SS Hose and Liquid Cooling divisions
AEROFLEX · price
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Aeroflex board approved a Rs 202 Cr expansion plan across two divisions. SS Hose and Braiding capacity to grow from 20 to 30 million meters per annum by March 2028 (Rs 124 Cr). Liquid Cooling SFN Skid capacity to nearly double from 15,000 to 30,000 pieces per annum by March 2028 (Rs 78 Cr). Current utilization stands at 70% and 69% respectively. A new assemblies plant will convert 70-75 percent of hoses into finished products. Funded through internal accruals, equity, and bridge loan.
Significant capacity expansion signals strong demand outlook, but equity financing may dilute shareholders. Long-term growth visibility through March 2028.