AIA Engineering Limited

AIA Engineering Limited

3,633.90
INR
+47.10
(+1.31%)
135.53EPS
37.45P/E
474.20BMarket Cap
Nov 14Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
213.78
223.41
217.6
229.53
251.77
314.79
304.64
299.56
373.53
514.39
507.15
452
467.98
480.36
Basic EPS, GAAP
34.45
45.69
48.44
48.43
47
54.16
62.59
60.02
65.7
111.95
120.4
113.14
136.11
135.69
Free Cash Flow per Basic Share
36.11
13.2
44.19
16.85
31.19
20.11
58.03
50.28
-17.5
71.35
73.36
109.36
52.22
- -
Dividend per Share
4.72
6.08
30.6
4.71
14.11
- -
42.31
- -
8.09
8.17
14.51
14.63
14.58
- -
Book Value per Share
184.35
230.83
246.25
288.09
319.05
372.53
392.42
449.99
504.13
603.4
705.86
742.28
859.98
- -
Tangible Book Value per Share
181.86
228.58
243.95
285.78
316.73
370.17
389.93
447.56
501.72
600.95
703.41
739.8
857.3
- -
Basic Weighted Avg Shares
94
94
94
94
94
94
94
94
94
94
94
94
93
93
Sales/Revenue/Turnover
20,164
21,072
20,524
21,649
23,747
29,691
28,734
28,255
35,232
48,518
47,835
42,376
43,672
44,827
Operating Margin (%)
27.07
24.82
26.97
26.19
20.69
19.76
20.43
20.1
18.08
23.82
26.03
24.84
26.34
25.52
Depreciation Expense
381
697
655
725
656
788
979
935
921
930
1,003
1,031
1,127
1,141
Net Income, GAAP
3,250
4,309
4,569
4,568
4,434
5,108
5,904
5,661
6,197
10,559
11,356
10,607
12,702
12,662
Effective Tax Rate (%)
29.18
27.49
28.72
30.94
24.17
26.35
17.87
22.47
20.69
22.43
23.59
22.53
20.28
21.02
Profit Margin (%)
16.12
20.45
22.26
21.1
18.67
17.2
20.55
20.04
17.59
21.76
23.74
25.03
29.08
28.25
Working Capital
13,492
16,505
16,849
20,237
22,390
26,582
27,815
30,233
34,227
44,375
52,500
56,471
67,244
- -
LT Debt
858
544
248
- -
- -
150
106
58
47
30
34
20
73
- -
Total Equity
17,466
21,849
23,303
27,253
30,182
35,230
37,105
42,531
47,634
57,003
66,680
69,371
80,342
- -
Return on Invested Capital (%)
20.99
18.14
16.4
14.49
12.32
12.64
12.89
10.59
10.93
16.24
14.17
11.15
11.76
- -
Return on Capital (%)
18.95
20.91
19.2
17.07
14.91
15.16
15.88
13.76
13.51
19.51
17.34
14.81
16.81
- -
Return on Common Equity (%)
20.59
22.01
20.31
18.13
15.48
15.66
16.36
14.25
13.77
20.22
18.39
15.62
16.99
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
30
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
73
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
93
Market Capitalization
374,915
339,369
474,198

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
70,962
- -
Cash, Cash Equivalents & STI
- -
43,750
- -
Accounts Receivable, Net
- -
11,686
- -
Inventories
- -
12,563
- -
Total Current Liabilities
- -
3,718
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
30
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.29%
13.7%
15.82%
Free Cash Flow
-48.12%
-128.81%
-52.46%
Net Income, GAAP
12.43%
20.11%
19.74%
Sales/Revenue/Turnover
8.8%
10.53%
3.06%
Total Cash Common Dividend
- -
- -
-0.78%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10,047
10,305
10,501
11,413
42,376
2026
10,260
10,297
10,487
12,511
43,672
2027
11,532
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
27.52
27.29
27.78
30.55
113.14
2026
32.69
29.73
31.54
42.15
136.11
2027
32.27
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
14.63
2026
- -
- -
- -
- -
14.58
2027
- -
- -
- -
- -
- -

Company Description

CEO
Bhadresh Kantilal Shah
Full Time Employees
3,896
Sector
Producer manufacturing
Industry
Industrial machinery
Address
11-12, Sigma Corporates Ahmedabad GU India 380054
IPO Date
Nov 17, 2005
Business
AIA Engineering Limited manufactures high-chromium wear-, corrosion-, and abrasion-resistant castings and components for grinding mills and pulverizers used in the cement, mining, thermal power, and quarry industries; core products include grinding media balls, shell liners, diaphragms, blow bars, hammers, impellers, mill liners, DE assemblies, fasteners, and ceramic composite alloys, with specialized solutions for tube mills, vertical mills, SAG mills, and ball mills serving applications such as limestone and cement grinding, mineral ore processing for iron, gold, lead/zinc, bauxite, copper, and phosphates, coal pulverization, and aggregate crushing. The Ahmedabad-headquartered company, founded in 1978, operates manufacturing facilities in India and exports to over 100 countries across North America, Europe, Africa, Southeast Asia, Latin America, and other regions, providing complementary engineering services encompassing design modeling, reline supervision, wear monitoring, grinding circuit surveys, process modeling via JKSimMet, and mill operation support to optimize productivity, reduce downtime, and lower operational costs. Recent developments include its wholly owned subsidiary Vega Industries (Middle East) FZC increasing its stake in VEGA MPS PTY Limited in Australia to 43% through a 13% acquisition in February 2024; a brownfield expansion project approved in August 2024 for rubber and composite liners at its Ahmedabad facility with INR 650 million investment and 20,000 MT annual capacity addition completed by December 2024; acquisition of a 24% stake in Green Shift Private Limited in August 2024 for INR 1.2 million to secure captive green power supply at its Trichy unit; strategic plans announced in 2025 for new hi-chrome media manufacturing plants in China and Ghana each with 50,000-tonne capacity under Vega ME to enhance supply chain efficiency and market access; and ongoing investments in renewable energy reaching 38 megawatts with plans for an additional 60 megawatts.