AARON · Aaron Industries Ltd · Misc. Capital Goods
AARON · Aaron Industries Ltd · Misc. Capital Goods
As of 06 Nov close
52-week range
33.9% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹24 Cr
Revenue YoY
PAT YoY
+141.5%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.4
P/S (TTM)
2.7
Sector P/E
28.6
Dividend yield
+0.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| AARON (this stock) | 29.6 | 5.4 | +8.5% | +17.1% | 0.57 | +0.4% |
| Bharat Heavy Electricals | 91.4 | 5.6 | +6.8% | Not available from data source | 0.64 | +0.3% |
| Suzlon Energy | 25.9 | 6.9 | +18.0% | +33.2% | 0.06 | 0.0% |
| Thermax | 97.9 | 8 | +5.5% | +10.7% | 0.42 | +0.4% |
Promoter
stable
FII
Not available from data source
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for Aaron Industries Limited outlines the company's operations, management profile, product lines, and financial performance. The company, founded in 2013, operates in stainless steel processing and elevator manufacturing, with a nationwide distribution network and exports to over 60 countries. Key products include elevator cabins, home lifts (EVOQ360), automatic door systems, and stainless steel sheets under the STELIX brand. The presentation highlights recent business developments, such as an order for 30 EVOQ360 units with a ₹2 crore contract value, and mentions five new distributors onboarded for the home lift segment. Financials show revenue growth in Q2FY27 compared to prior periods, with EBITDA and PAT margins improving. The company emphasizes vertical integration, technological upgrades, and strategic partnerships to drive growth. Challenges include expanding distribution reach and customer relationships to translate market demand into sustained growth. The presentation also includes a disclaimer about forward-looking statements and disclaims liability for its contents.
The document presents factual information about the company's operations, financials, and strategies without overtly positive or negative language.
Sourced from an exchange-filed presentation, dated 30 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Aaron Industries Limited reported Q1FY27 revenue of ₹24.44 crore, a 27.01% YoY increase, with EBITDA rising 34.83% to ₹4.99 crore and EBITDA margin improving to 20.19%. Profit after tax surged 141.94% YoY to ₹2.56 crore. Management highlighted growth in Elevator and Stainless-Steel businesses, driven by demand and product capabilities. International OEM engagement progress included initial orders from Fujitec and ongoing discussions with Johnson, Schindler, and Wittur. The steel polishing division showed no losses as most production was internally consumed by the elevator division. Guidance included 25-30% revenue growth for FY27, with EBITDA margins targeted at 18-20%. The EVOQ360 pit-less smart elevator, launched in FY26, contributed 5-7% of Q1 revenue with a 20-25% margin, and plans to scale to 150 units by year-end. Capacity utilization stood at 45-50%, with plans to reach 3,500 doors/month. The company emphasized strategic initiatives like the Aaron Be Creative app to enhance sales visualization and expansion of distributor networks. Challenges included steel price volatility and working capital management as revenue grows.
The document highlights strong revenue and profit growth, improved margins, and positive strategic developments, indicating a positive tone.
Sourced from an exchange-filed transcript, dated 21 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Aaron Industries Limited, dated August 14, 2026, provided an overview of the company's operations, highlighting its in-house stainless steel processing and polishing division. Founded in 2013, the company manufactures elevator cabins, home lifts, automatic door systems, and cabin safety frames, serving over 700 customers across various Indian cities and expanding into international markets like Kenya and Nepal. The presentation detailed the company's management team, product offerings, and recent innovations, including the launch of the EVOQ360 home lift. Financial performance for Q1FY27 showed a 27.01% increase in revenue from operations year-over-year, with a significant rise in profit after tax by 141.94%. The document emphasized the company's commitment to innovation, quality, and strategic partnerships to drive growth.
The presentation highlighted strong financial growth and innovative product developments.
Sourced from an exchange-filed presentation, dated 14 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Aaron Industries Limited, dated May 16, 2026, outlines the company's operations, product offerings, and recent financial performance. The presentation highlights Aaron's specialization in manufacturing high-quality elevator cabins, automatic door systems, and stainless steel products. Management reported a total income of ₹27.39 crore for Q4FY26, reflecting a 17.84% increase from the previous quarter. The EBITDA margin was noted at 18.58%, with a profit after tax (PAT) of ₹2.32 crore, marking a 14.86% quarter-on-quarter growth. The company emphasized its commitment to innovation and safety in its products and announced the launch of its new stainless steel brand, STELIX. Additionally, the presentation discussed the company's strategic initiatives for market expansion in both domestic and international markets, including participation in trade fairs and strengthening distribution networks.
Management emphasized growth and strategic initiatives for market expansion.
Sourced from an exchange-filed presentation, dated 16 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedAaron Industries Limited reported a 18.06% increase in total revenue to ₹9200.60 lakhs for FY2025-26 compared to ₹7793.05 lakhs in FY2024-25. EBITDA rose by 19.00% to ₹1788.90 lakhs. The company confirmed no defaults in loan repayments to banks or financial institutions. Key risks include a significant decrease in net profit margin to 7.43% from 10.58%, a decline in return on net worth to 14.07% from 19.14%, and contingent liabilities related to pending tax disputes. The company also noted a substantial increase in inventory, constituting 26.78% of total assets, which is a key audit matter due to the complexity of valuation and physical verification.
- Revenue increased by 18.06% to ₹9200.60 lakhs in FY2025-26.
- EBITDA rose by 19.00% to ₹1788.90 lakhs.
- No defaults in loan repayments to banks or financial institutions.
- Net profit margin decreased to 7.43% from 10.58%.
- Inventory increased to 26.78% of total assets, a key audit matter.
Key takeaway: Despite revenue and EBITDA growth, Aaron Industries faces risks from declining profit margins, contingent liabilities, and inventory management challenges, which could impact future financial performance.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesOlder (3+ years ago)
NSE imposed a fine of Rs. 30,680/- (including GST @18%) on the company for delayed submission of the Annual report for FY2019-20. The fine was waived after the company requested it, citing an inadvertent error in uploading the wrong file.
The National Stock Exchange of India Limited (NSE) imposed a fine of Rs. 30,680 (including GST @18%) on the company for non-compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding delay in disclosure.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
Aaron Industries Limited has defaulted in repayment of dues to any bank or public financial institution as mentioned under Section II of Part II of Schedule V of the Companies Act, 2013.
Older (3+ years ago)
The company has overdue loans amounting to ₹ in Lakhs, with details of principal and interest overdue, and some cases where concerned employees left the job.
The company has statutory dues arrears for more than six months as of March 31, 2021, specifically TDS demands under the Income Tax Act for fiscal years 2018-19 and 2019-20.
Routine disclosures
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has contingent liabilities related to pending litigations, tax/statutory/government proceedings, and commitments such as leasehold land purchases and import duty benefits with undischarged export obligations.
Earlier (1-3 years ago)
The company has pending proceedings with Tax/Statutory/Government Authorities and has disclosed contingent liabilities in its financial statements, with future cash outflows dependent on pending judgments or decisions.
The company has contingent liabilities related to pending litigations and proceedings with Tax/Statutory/Government Authorities, though it has made adequate provisions and disclosed them in financial statements.
Older (3+ years ago)
The company has pending litigations and proceedings with Tax/Statutory/Government Authorities, and has disclosed contingent liabilities in its financial statements.
The company has contingent liabilities not provided for, including claims against it under labour laws and others, as of March 31, 2021.
Related-Party Transaction
5 occurrencesRecent (last 12 months)
The company has transactions with related parties, including payments to sister concerns and salaries to key management personnel and their relatives, with some transactions made on terms not equivalent to arm’s length, except for rent to sister concern which was approved by a board resolution dated May 19, 2025.
Earlier (1-3 years ago)
The company has outstanding unsecured, interest-free loans from related parties, including Key Management Personnel (KMP) and their relatives, with no allowance for impaired receivables recognized.
The company has outstanding unsecured, interest-free loans from related parties, including Key Management Personnel (KMP) and their relatives, with no allowance for impaired receivables.
Older (3+ years ago)
The company had transactions with related parties, including payments of interest on loans and salaries to key management personnel and their relatives, during the year 2021-22.
The company has disclosed transactions with related parties, including payments of interest on loans, salaries, rent expenses, and other transactions with associates and relatives of key management personnel during the year.