Operates an industrial products business built around four reporting segments. Flexible Flow Solutions is the largest, contributing 61.2% of FY26 segment revenue at Rs. 426.91 crore with a 13.8% segment EBIT margin. Flexible Packaging accounts for 18.0% (Rs. 125.65 crore) and ran at a -1.9% EBIT margin, while Engineering Services made up 16.8% (Rs. 116.99 crore) at a 24.7% EBIT margin. A Financing stream contributed 3.5% (Rs. 24.66 crore) at the highest segment EBIT margin of 44.8%. Consolidated FY26 revenue was Rs. 697.83 crore with net profit of Rs. 85.33 crore. Through its Aeroflex Industries subsidiary, the company has entered liquid cooling solutions for data centres, signing a long-term contract with a listed US corporation and scaling skid assembly capacity to 6,000 units, with plans to reach 15,000 units by Q2FY27. It also holds a startup investment portfolio of 168 investments, from which it reported three profitable exits in FY26. The dominant cost is raw materials at 56.8% of revenue (Rs. 396.17 crore), followed by other operating expenses at 16.1% and employee cost at 10.5%. Capital expenditure was Rs. 78.84 crore, or 11.3% of revenue. In April 2026 the company sold its entire 68% stake in subsidiary M R Organisation Limited to Ingersoll-Rand Industrial U.S. Inc for Rs. 227.42 crore. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Flexible Flow Solutions (61%), Flexible Packaging (18%), Engineering Services (17%), Financing (4%), Others (1%). Multi-segment industrial products company with operating subsidiaries and a startup investment portfolio.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 347 | 466 | 501 | 579 | 698 |
| EBITDA (ex other income) | 59 | 57 | 73 | 102 | 121 |
| margin % | 16.9 | 12.2 | 14.6 | 17.7 | 17.3 |
| Owners' profit | 37 | 45 | 258 | 53 | 64 |
| EPS, as reported (₹) | 3.42 | 3.98 | 24.25 | 7.14 | 5.68 |
| ROE % · ROCE % | 18.3 · 24.3 | 14.7 · 19.2 | 38.1 · 46.1 | 9.8 · 13.5 | 8.9 · 11.7 |
| Debt / equity (x) | 0.43 | 0.34 | 0.09 | 0.04 | 0.04 |
| Cash from operations | 5 | (7) | (242) | 140 | 18 |
| Capex | 0 | (45) | (45) | (104) | (79) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 157 | 161 | 134 | 172 | 191 | 200 | 189 |
| Profit before tax | 31 | 27 | 27 | 17 | 28 | 33 | 32 | 150 |
| Net profit | 22 | 22 | 19 | 14 | 20 | 25 | 26 | 103 |
| EPS (₹) | 1.98 | 1.93 | 1.64 | 0.90 | 1.24 | 1.42 | 2.12 | 8.54 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Fexible Pacakging | 33 | 4.6 |
| Felxible Flow Solution | 121 | 16.8 |
| Engineering Services | 117 | 16.3 |
| Financing | 25 | 3.5 |
| Others | 4 | 0.6 |
| Flexible Packaging | 63 | 8.8 |
| Flexible Flow Solution | 326 | 45.4 |
| Flexible Income | 30 | 4.1 |
| Total, before eliminations | 719 | 100.0 |
| Company | M.cap ₹ cr |
|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Aeroflex 41st AGM: all 6 resolutions passed with 100% support | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Mrs Uma Mandavgane reappointed as Independent Woman Director | management changes | medium | — | — |
| 8 Sept 2026 · 41st AGM held via video conferencing; all 6 resolutions passed | board shareholder meetings | medium | — | — |
| 12 Aug 2026 · 41st AGM on Sep 8, 2026 via video conferencing; dividend Re 0.40 per share | compliance | minimal | — | — |
| 11 Aug 2026 · Q1 FY27 Investor Presentation | investor communications | medium | — | — |
| 11 Aug 2026 · Aeroflex Q1 FY27 results show strong YoY revenue and profit growth | results | high | — | — |
| 11 Aug 2026 · Q1 FY27 results - Revenue up 40%, PAT more than doubles YoY | results | high | — | — |
| 6 Aug 2026 · Board meeting on Aug 11 to consider Q1 FY27 results | results | low | — | — |
| 11 Jul 2026 · Routine compliance filing under SEBI Regulation 74(5) for Q1 FY27 | compliance | minimal | — | — |
| 26 Jun 2026 · Independent Director re-appointed, two executives promoted to senior management | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| P/E |
|---|
| P/B |
|---|
| EV/EBITDA |
|---|
| ROE % |
|---|
| ROCE % |
|---|
| Rev CAGR 5y % |
|---|
| EBITDA m. % |
|---|
| WELSPUN CORP LIMITED | 70,880 | 30.7 | 7.54 | 30.2 | 17.2 | 14.9 | 21.1 | 18.5 |
| APL APOLLO TUBES LTD | 59,803 | 48.6 | 11.29 | 31.1 | 22.7 | 26.1 | 22.1 | 8.0 |
| SHYAM METALICS AND ENGY L | 29,979 | 26.8 | 2.43 | 12.2 | 8.6 | 11.4 | 24.1 | 14.9 |
| JINDAL SAW LIMITED | 20,016 | 30.5 | 1.63 | 10.5 | 7.5 | 6.8 | 10.9 | 9.4 |
| RATNAMANI MET & TUB LTD. | 19,815 | 45.8 | 4.71 | 23.1 | 12.7 | 15.6 | 14.4 | 18.5 |
| GODAWARI POW & ISP LTD | 15,875 | 18.6 | 2.71 | 12.0 | 13.7 | 17.0 | 5.7 | 21.0 |
| USHA MARTIN LTD. | 15,069 | 29.7 | 4.56 | 19.8 | 14.1 | 17.7 | 12.0 | 21.0 |
| GALLANTT ISPAT LIMITED | 13,270 | 30.6 | 4.00 | 17.7 | 14.6 | 16.8 | 34.4 | 17.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.4 | 16.2 | 36 of 118 | 70% |
| P/B | 1.6 | 1.7 | 46 of 99 | 52% |
| ROCE | 11.2 | 8.7 | 49 of 120 | 60% |
| ROE | 8.9 | 8.6 | 56 of 114 | 51% |
| Debt / Equity | 0.0 | 0.1 | 42 of 114 | 64% |
| EBITDA margin | 84.9 | 11.0 | 7 of 100 | 94% |
| Revenue growth | 40.5 | 13.7 | 17 of 97 | 83% |
| Profit growth | 615.8 | 29.3 | 7 of 105 | 94% |
| Market cap | 1568 | 247 | 31 of 120 | 75% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
