Airfloa Rail Technology Limited

Airfloa Rail Technology Limited

BBSE:AIRFLOA
455.05
INR
-14.85
(-3.16%)
6.10BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
91.71
39.71
49.77
80.26
152.36
- -
Basic EPS, GAAP
2.29
0.62
5.94
10.75
18.66
- -
Free Cash Flow per Basic Share
11.49
3.35
1.07
-9.44
-35.57
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
16.79
17.42
23.35
46.36
99.77
99.77
Tangible Book Value per Share
16.79
17.41
23.35
46.36
96.26
96.26
Basic Weighted Avg Shares
15
24
24
24
21
24
Sales/Revenue/Turnover
1,375
952
1,193
1,924
3,196
- -
Operating Margin (%)
10.02
14.11
27.09
23.78
19.02
- -
Depreciation Expense
34
31
29
25
35
- -
Net Income, GAAP
34
15
142
258
391
- -
Effective Tax Rate (%)
32.99
36.3
30.91
26.33
25.68
- -
Profit Margin (%)
2.5
1.57
11.93
13.4
12.25
- -
Working Capital
-71
-13
169
685
1,794
1,794
LT Debt
10
2
- -
12
41
41
Total Equity
403
417
560
1,117
2,398
2,398
Return on Invested Capital (%)
- -
7.98
19.43
21.73
18.38
- -
Return on Capital (%)
- -
6.91
19.72
23.28
18.98
- -
Return on Common Equity (%)
- -
3.64
29.13
30.85
22.35
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
588
527
642
LT Borrowings
12
44
41
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
- -
7,841
6,104

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
2,109
2,735
3,361
Cash, Cash Equivalents & STI
39
451
131
Accounts Receivable, Net
1,276
1,421
2,140
Inventories
624
672
724
Total Current Liabilities
1,424
1,031
1,568
Payables & Accruals
- -
- -
- -
ST Debt
588
527
642
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
114.57%
Free Cash Flow
- -
- -
229.87%
Net Income, GAAP
- -
- -
51.9%
Sales/Revenue/Turnover
- -
- -
66.12%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,193
2025
- -
- -
1,924
2026
- -
- -
3,196

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.94
2025
- -
- -
10.75
2026
- -
- -
18.66

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Full Time Employees
329
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Chennai India
IPO Date
Sep 18, 2025
Business
Airfloa Rail Technology Limited is an India-based engineering and manufacturing company specializing in the design, development, and production of specialized heating, ventilation, and air conditioning (HVAC) systems, electrical control equipment, and subsystem technologies for the railway and urban transit sectors. The company's core product and service portfolio comprises roof-mounted AC package units (RMPU) for passenger coaches; driver cab air conditioning systems for electric and diesel locomotives; specialized saloon HVAC units for metro rail cars; microprocessor-based temperature and humidity control panels; auxiliary power distribution switchboards; customized airflow ducting and ventilation assemblies; high-efficiency particulate air filtration systems; and comprehensive maintenance, repair, overhaul, and lifecycle support services for rolling stock. Airfloa Rail Technology Limited primarily serves state-owned rail operators, including Indian Railways, public metro rail transit corporations, and multinational rolling stock original equipment manufacturers. In recent developments, the company underwent a corporate reorganization and rebranding to Airfloa Rail Technology Limited to reflect its strategic expansion into integrated rail subsystems and next-generation transit solutions; expanded its manufacturing and testing infrastructure to support the scaling of HVAC systems for semi-high-speed trainsets, including the Vande Bharat platform; secured major supply agreements and strategic partnerships with leading coach production units such as the Integral Coach Factory, Rail Coach Factory, and Modern Coach Factory; and introduced energy-efficient, eco-friendly refrigerant systems and smart IoT-enabled predictive maintenance technologies across its rolling stock product lines. Founded in 1993, Airfloa Rail Technology Limited is headquartered in New Delhi, India, with manufacturing facilities and operational support centers across India.