| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 84 | 73 | 78 | 90 | 95 | 100 | 92 | 84 | 111 | 121 | 126 | 145 | |
Growth YoY Revenue Growth YoY% | 23.4 | 11.0 | 11.0 | 8.2 | 13.0 | 36.5 | 17.9 | -6.0 | 16.7 | 21.1 | 37.3 | 72.4 |
| 66 | 59 | 63 | 72 | 75 | 78 | 73 | 69 | 85 | 93 | 96 | 112 | |
| 18 | 14 | 14 | 18 | 20 | 22 | 19 | 15 | 26 | 28 | 30 | 33 | |
OPM OPM% | 21.0 | 18.9 | 18.6 | 20.2 | 21.4 | 21.7 | 20.6 | 18.4 | 23.3 | 23.4 | 23.9 | 23.0 |
| 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | |
Interest Expense Interest ExpenseCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 6 | 6 | 8 | 8 |
PBT PBTCr | 15 | 13 | 14 | 17 | 19 | 20 | 15 | 10 | 20 | 22 | 23 | 26 |
| 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 | 5 | 6 | 5 | 7 | |
| 12 | 9 | 10 | 12 | 14 | 15 | 11 | 7 | 14 | 16 | 18 | 19 | |
Growth YoY PAT Growth YoY% | 54.0 | 75.5 | -19.9 | 11.9 | 18.0 | 68.3 | 12.0 | -42.2 | 4.2 | 8.4 | 57.1 | 162.1 |
NPM NPM% | 13.8 | 12.4 | 12.9 | 13.8 | 14.4 | 15.2 | 12.3 | 8.5 | 12.8 | 13.6 | 14.0 | 12.9 |
| 0.9 | 0.7 | 0.8 | 1.0 | 1.1 | 1.2 | 0.9 | 0.6 | 1.1 | 1.3 | 1.4 | 1.4 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 84 | 73 | 78 | 90 | 95 | 100 | 92 | 84 | 111 | 121 | 126 | 145 | |
Growth YoY Revenue Growth YoY% | 23.4 | 11.0 | 11.0 | 8.2 | 13.0 | 36.5 | 17.9 | -6.0 | 16.7 | 21.1 | 37.3 | 72.4 |
| 66 | 59 | 63 | 72 | 75 | 78 | 73 | 69 | 85 | 93 | 96 | 112 | |
| 18 | 14 | 14 | 18 | 20 | 22 | 19 | 15 | 26 | 28 | 30 | 33 | |
OPM OPM% | 21.0 | 18.9 | 18.6 | 20.2 | 21.4 | 21.7 | 20.6 | 18.4 | 23.3 | 23.4 | 23.9 | 23.0 |
| 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | |
Interest Expense Interest ExpenseCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 6 | 6 | 8 | 8 |
PBT PBTCr | 15 | 13 | 14 | 17 | 19 | 20 | 15 | 10 | 20 | 22 | 23 | 26 |
| 4 | 4 | 4 | 4 | 5 | 4 | 4 | 3 | 5 | 6 | 5 | 7 | |
| 12 | 9 | 10 | 12 | 14 | 15 | 11 | 7 | 14 | 16 | 18 | 19 | |
Growth YoY PAT Growth YoY% | 54.0 | 75.5 | -19.9 | 11.9 | 18.0 | 68.3 | 12.0 | -42.2 | 4.2 | 8.4 | 57.1 | 162.1 |
NPM NPM% | 13.8 | 12.4 | 12.9 | 13.8 | 14.4 | 15.2 | 12.3 | 8.5 | 12.8 | 13.6 | 14.0 | 12.9 |
| 0.9 | 0.7 | 0.8 | 1.0 | 1.1 | 1.2 | 0.9 | 0.6 | 1.1 | 1.3 | 1.4 | 1.4 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 144 | 145 | 241 | 269 | 318 | 376 | 442 | 503 |
Growth Revenue Growth% | 0.3 | 66.3 | 11.9 | 18.0 | 18.4 | 17.5 | 35.6 | |
| 123 | 122 | 194 | 217 | 256 | 297 | 342 | 385 | |
| 22 | 22 | 47 | 53 | 62 | 79 | 100 | 118 | |
OPM OPM% | 15.1 | 15.4 | 19.4 | 19.6 | 19.4 | 21.0 | 22.6 | 23.4 |
| -3 | -2 | 1 | -3 | 4 | 3 | 1 | 2 | |
Interest Expense Interest ExpenseCr | 11 | 9 | 6 | 3 | 2 | 0 | 1 | 1 |
Depreciation DepreciationCr | 4 | 4 | 4 | 5 | 6 | 11 | 26 | 28 |
PBT PBTCr | 4 | 8 | 37 | 41 | 57 | 70 | 74 | 90 |
| -1 | 2 | 9 | 11 | 16 | 17 | 19 | 23 | |
PAT PATCr | 5 | 6 | 28 | 30 | 42 | 53 | 56 | 67 |
Growth PAT Growth% | 28.1 | 357.6 | 9.6 | 38.4 | 25.8 | 5.8 | 42.1 | |
NPM NPM% | 3.3 | 4.2 | 11.4 | 11.2 | 13.1 | 14.0 | 12.6 | 13.3 |
| 2.0 | 2.6 | 12.0 | 2.6 | 3.4 | 4.1 | 4.3 | 5.2 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 144 | 145 | 241 | 269 | 318 | 376 | 442 | 503 |
Growth Revenue Growth% | 0.3 | 66.3 | 11.9 | 18.0 | 18.4 | 17.5 | 35.6 | |
| 123 | 122 | 194 | 217 | 256 | 297 | 342 | 385 | |
| 22 | 22 | 47 | 53 | 62 | 79 | 100 | 118 | |
OPM OPM% | 15.1 | 15.4 | 19.4 | 19.6 | 19.4 | 21.0 | 22.6 | 23.4 |
| -3 | -2 | 1 | -3 | 4 | 3 | 1 | 2 | |
Interest Expense Interest ExpenseCr | 11 | 9 | 6 | 3 | 2 | 0 | 1 | 1 |
Depreciation DepreciationCr | 4 | 4 | 4 | 5 | 6 | 11 | 26 | 28 |
PBT PBTCr | 4 | 8 | 37 | 41 | 57 | 70 | 74 | 90 |
| -1 | 2 | 9 | 11 | 16 | 17 | 19 | 23 | |
PAT PATCr | 5 | 6 | 28 | 30 | 42 | 53 | 56 | 67 |
Growth PAT Growth% | 28.1 | 357.6 | 9.6 | 38.4 | 25.8 | 5.8 | 42.1 | |
NPM NPM% | 3.3 | 4.2 | 11.4 | 11.2 | 13.1 | 14.0 | 12.6 | 13.3 |
| 2.0 | 2.6 | 12.0 | 2.6 | 3.4 | 4.1 | 4.3 | 5.2 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 23 | 23 | 23 | 23 | 26 | 26 | 26 |
Reserves ReservesCr | 30 | 36 | 63 | 91 | 267 | 317 | 421 |
| 66 | 67 | 75 | 79 | 81 | 82 | 111 | |
| 39 | 36 | 22 | 21 | 1 | 2 | 7 | |
| 157 | 162 | 183 | 214 | 375 | 427 | 565 | |
| 107 | 115 | 129 | 154 | 280 | 239 | 323 | |
| 50 | 46 | 54 | 60 | 95 | 187 | 242 | |
| 157 | 162 | 183 | 214 | 375 | 427 | 565 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 23 | 23 | 23 | 23 | 26 | 26 | 26 |
Reserves ReservesCr | 30 | 36 | 63 | 91 | 267 | 317 | 421 |
| 66 | 67 | 75 | 79 | 81 | 82 | 111 | |
| 39 | 36 | 22 | 21 | 1 | 2 | 7 | |
| 157 | 162 | 183 | 214 | 375 | 427 | 565 | |
| 107 | 115 | 129 | 154 | 280 | 239 | 323 | |
| 50 | 46 | 54 | 60 | 95 | 187 | 242 | |
| 157 | 162 | 183 | 214 | 375 | 427 | 565 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| 13 | 12 | 32 | 7 | 44 | 27 | 66 | |
| -1 | -3 | -13 | -9 | -64 | -74 | -120 | |
| -10 | -10 | -14 | 0 | 90 | -3 | 47 | |
Net Cash Flow Net Cash FlowCr | 2 | -1 | 5 | -2 | 70 | -50 | -7 |
Free Cash Flow Free Cash FlowCr | 12 | 9 | 19 | -2 | 6 | -77 | -5 |
CFO To PAT CFO To PAT% | 274.0 | 201.1 | 116.6 | 23.9 | 105.7 | 50.6 | 118.6 |
CFO To EBITDA CFO To EBITDA% | 59.1 | 54.1 | 68.7 | 13.6 | 71.3 | 33.6 | 66.0 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| 13 | 12 | 32 | 7 | 44 | 27 | 66 | |
| -1 | -3 | -13 | -9 | -64 | -74 | -120 | |
| -10 | -10 | -14 | 0 | 90 | -3 | 47 | |
Net Cash Flow Net Cash FlowCr | 2 | -1 | 5 | -2 | 70 | -50 | -7 |
Free Cash Flow Free Cash FlowCr | 12 | 9 | 19 | -2 | 6 | -77 | -5 |
CFO To PAT CFO To PAT% | 274.0 | 201.1 | 116.6 | 23.9 | 105.7 | 50.6 | 118.6 |
CFO To EBITDA CFO To EBITDA% | 59.1 | 54.1 | 68.7 | 13.6 | 71.3 | 33.6 | 66.0 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 1,571 | 2,200 | 3,156 | 6,894 | ||||
Price To Earnings Price To Earnings | 37.6 | 41.9 | 56.8 | 101.0 | ||||
Price To Sales Price To Sales | 4.9 | 5.8 | 7.1 | 13.7 | ||||
Price To Book Price To Book | 5.4 | 6.4 | 7.1 | 15.4 | ||||
EV To EBITDA EV To EBITDA | 23.7 | 27.5 | 31.0 | 57.4 | ||||
GPM GPM% | 29.4 | 29.6 | 29.9 | 32.4 | 31.6 | 35.5 | 37.1 | 37.1 |
OPM OPM% | 15.1 | 15.4 | 19.4 | 19.6 | 19.4 | 21.0 | 22.6 | 23.4 |
NPM NPM% | 3.3 | 4.2 | 11.4 | 11.2 | 13.1 | 14.0 | 12.6 | 13.3 |
ROCE ROCE% | 12.8 | 15.2 | 34.4 | 28.1 | 20.3 | 20.5 | 16.4 | 16.4 |
ROE ROE% | 8.9 | 10.2 | 31.9 | 26.4 | 14.2 | 15.3 | 12.4 | 12.4 |
ROA ROA% | 3.0 | 3.7 | 15.0 | 14.1 | 11.1 | 12.3 | 9.8 | 9.8 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 1,571 | 2,200 | 3,156 | 6,894 | ||||
Price To Earnings Price To Earnings | 37.6 | 41.9 | 56.8 | 101.0 | ||||
Price To Sales Price To Sales | 4.9 | 5.8 | 7.1 | 13.7 | ||||
Price To Book Price To Book | 5.4 | 6.4 | 7.1 | 15.4 | ||||
EV To EBITDA EV To EBITDA | 23.7 | 27.5 | 31.0 | 57.4 | ||||
GPM GPM% | 29.4 | 29.6 | 29.9 | 32.4 | 31.6 | 35.5 | 37.1 | 37.1 |
OPM OPM% | 15.1 | 15.4 | 19.4 | 19.6 | 19.4 | 21.0 | 22.6 | 23.4 |
NPM NPM% | 3.3 | 4.2 | 11.4 | 11.2 | 13.1 | 14.0 | 12.6 | 13.3 |
ROCE ROCE% | 12.8 | 15.2 | 34.4 | 28.1 | 20.3 | 20.5 | 16.4 | 16.4 |
ROE ROE% | 8.9 | 10.2 | 31.9 | 26.4 | 14.2 | 15.3 | 12.4 | 12.4 |
ROA ROA% | 3.0 | 3.7 | 15.0 | 14.1 | 11.1 | 12.3 | 9.8 | 9.8 |
Documents — Aeroflex Industries Ltd
Concall Transcript Summaries — Aeroflex Industries Ltd