Motilal Oswal starts coverage on an aerospace stock that’s up 40% in 2026. Know target, upside

Motilal Oswal initiated bullish coverage on Unimech, an aerospace tools manufacturer serving Airbus, Boeing, LEAP, Pratt & Whitney, and Rolls Royce. The brokerage projects a 74% revenue CAGR, 83% EBITDA CAGR, and 57% PAT CAGR over FY26-28E, with EBITDA margins holding at 35% and RoE improving to 16% by FY28 from 9% in FY26. Growth is expected to be driven by recovery in aero tooling, the Hobel Bellows acquisition, JV with Kanoo, investment in Dheya Engineering, and a planned U.S. manufacturing footprint.