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Prices as of 8 Oct 2026 close · Not investment advice

AIA Engineering Limited

NSE: AIAENGCastings & Forgings

Share price

₹3,742.90

-2.98% close of 8 Oct 2026

Market cap ₹35,558 CrP/E 28.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

65

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹35,558 Cr

P/E ratio

28.0

P/B ratio

4.4

ROCE

21.1%

ROE

17.0%

Dividend yield

0.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹5,081.4052-week low ₹3,224.20

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 5.6% over the past year, and 11.9% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 20.2% to 27.6% over the last four years.

Whether it grew faster than its sector

It grew 11.9% a year against a sector median of 10.6% — 1.2 percentage points faster.

Room to re-rate, or risk of de-rating

At 28.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 56.4×, across 5 companies. It is against its own five-year median of 31.0×, the 13th percentile of its own range.

Whether growth justifies the valuation

Priced at 4.0 times its growth rate, on earnings growth of 7%.

Profit growthPrice per ₹1 profitPer 1% growth
AIA Engineering Limited — this one7%/yr28.0×₹4.0
PTC Industries Limited59%/yr293.6×₹5.0
Happy Forgings Limited13%/yr56.4×₹4.3
Balu Forge Industries Limited88%/yr22.1×₹0.25
Steelcast Limited7%/yr39.6×₹5.7
Investment & Precision Castings Limited30%/yr101.9×₹3.4

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Castings & Forgings), it ranks 3 of 12 on returns, 4 of 12 on growth, 2 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 21.1% on capital, ahead of 75% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹3485 crore of cash from the business, spent ₹763 crore on plant and equipment, and returned ₹1486 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 74 arrived as cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue rose 12% year on year, but profit slipped as product mix and costs weighed on the quarter.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,168 Cr

Revenue vs last year

+12.4%

Revenue vs last quarter

-7.7%

Net profit

₹301 Cr

Profit vs last year

-1.3%

Profit vs last quarter

-23.4%

Net margin

25.8%

EPS

₹32.27

Earnings call transcript · 12 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹35,558 Cr
Prev close
₹3,742.90
52w High
₹5,180
52w Low
₹3,186
Enterprise value
₹34,689 Cr
Beta
0.7
Price CAGR 1y
22.0%
Price CAGR 3y
4.0%
Price CAGR 5y
16.0%
Price CAGR 10y
12.0%

Ratios

Return on assets
14.9%
PEG ratio
3.9
P/E ratio
28.0
P/B ratio
4.4
EV / EBITDA
27.7
Industry P/E
40.2
ROCE
21.1%
ROCE 5y average
21.0%
ROE
17.0%
Debt / Equity
0.0
Interest coverage
38.9
Dividend yield
0.4%
ROE 3y average
17.0%
ROE last year
17.0%

Annual P&L

Annual revenue
₹4,420 Cr
Annual profit
₹1,269 Cr
Operating margin
29.0%
Net profit margin
28.7%
EBITDA margin
28.5%
Sales growth 3y
-3.4%
Sales growth 5y
8.9%
Profit growth 3y
7.0%
Profit growth 5y
19.0%
EPS
₹136
Sales growth TTM
6.0%
Profit growth TTM
15.0%
Dividend payout
12.0%

Quarter P&L

Sales latest quarter
₹1,168 Cr
Profit latest quarter
₹301 Cr
YoY quarterly sales growth
12.4%
YoY quarterly profit growth
-1.3%
OPM latest quarter
26.4%

Balance Sheet

Book Value
₹845
Face Value
₹2.0
Total debt
₹10 Cr
Total cash
₹224 Cr
Borrowings
₹10 Cr
Reserves / Equity
421.4

Cash Flow

Operating cash flow
₹592 Cr
Free cash flow
₹491 Cr
FCF yield
1.3%
Net cash flow
-₹182 Cr

Shareholding

Promoter holding
58.5%
FII holding
16.9%
DII holding
22.1%
Public holding
2.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
PTC Industries24,685.00294.737,0110.0029.2465.7191.897.48.6
AIA Engineering3,858.0028.435,9760.41301.0-1.31,168.012.421.1
Happy Forgings1,934.3055.718,2290.2191.539.2449.427.018.0
Balu Forge507.5023.06,1640.0366.115.9300.728.922.7
Steelcast373.3041.73,7850.4623.719.3124.817.032.3
Amic Forging2,537.1596.12,9300.0015.923.775.230.425.2
Inv.& Prec.Cast.1,594.50105.91,5820.065.0129.953.421.114.4
Median434.5028.49160.014.14.271.011.515.7

Competes with: Balu Forge Industries Limited, Behari Lal Engineering Limited, Ganga Forging Limited, Happy Forgings Limited, Hilton Metal Forging Limited, Investment & Precision Castings Limited, Kalyani Forge Limited, Nelcast Limited, PTC Industries Limited, Steelcast Limited, Synergy Green Industries Limited, Tirupati Forge Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2401,2951,1691,1501,0201,0441,0661,1571,0391,0481,0671,2661,168
Expenses897913858853731769783855733751777904860
Material Cost381386438484384450
Change in Inventories92-18-72-10187-1.94
Purchases of Stock-in-Trade2.83252223405.36
Employee Cost464847564752
Other Expenses333292316315346355
Operating Profit343382311297289276283302306297290363308
OPM %28302726282627262928272926
Other Income606284778391729811499132140117
Exceptional items (within Other Income)000-3.2800
Interest87766518781650
Depreciation24252725252426282828282929
Profit before tax371412361344341337327363386360378468395
Tax %26212224242421212123221624
Net Profit273324280260259256259285305277293393301
EPS in Rs29343028282828313330324232
Diluted EPS in Rs313330324232

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,1822,0972,2462,4453,0702,9702,8813,5674,9094,8544,2874,4204,549
Expenses1,5931,4841,6071,9062,4062,2852,2202,8413,6633,5133,1343,1583,291
Material Cost1,6581,691
Change in Inventories77-105
Purchases of Stock-in-Trade2.83109
Employee Cost185199
Other Expenses1,2151,270
Operating Profit5896136395406646856617261,2451,3401,1541,2611,258
OPM %27292822222323202528272928
Other Income83101104122121142170156235281343485487
Exceptional items (within Other Income)0-3.28
Interest888111110882533264230
Depreciation706672667998949293100103113114
Profit before tax5946416625856947197307811,3621,4881,3681,5921,601
Tax %272931242618222122242320
Net Profit4314574574445115905666201,0561,1371,0601,2691,265
EPS in Rs4648484754636066112120114136136
Diluted EPS in Rs113136
Dividend Payout %183717171743151414131412

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
9%
3 years
-3%
TTM
6%

Compounded profit growth

10 years
12%
5 years
19%
3 years
7%
TTM
15%

Stock price CAGR

10 years
12%
5 years
16%
3 years
4%
1 year
22%

Return on equity

10 years
16%
5 years
17%
3 years
17%
Last year
17%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital191919191919191919191919
Reserves2,0652,3042,6982,9903,4953,6824,2254,7365,6726,6396,9088,007
Borrowings991841401231281271931050346149110
Other Liabilities367278333426391334321361437375416497
Minority Interest108.88
Total Liabilities2,5492,7853,1903,5594,0334,1624,7585,1256,6307,4947,8338,532
Fixed Assets5516726706718458908117901,0031,1101,1751,233
CWIP463843976032161210107927716
Investments6379469601,0921,1451,4188091,0552,2543,0433,9194,302
Other Assets1,3141,1281,5181,6991,9841,8212,9773,0703,2663,2492,6632,981
Total Assets2,5492,7853,1903,5594,0334,1624,7585,1256,6307,4957,8348,538

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity307595231294190679598-408689031,162592
Cash from Investing Activity-257-449-16-196-162-310-351101-1,212-819-203-114
Cash from Financing Activity-83-208-91-158-0-42967-267395-211-743-660
Net Cash Flow-33-63124-6027-60314-20551-127217-182
Free Cash Flow125418151157-9548475-1656756931,027492

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days667580908480818264667097
Inventory Days220199263209234242241304215212214270
Days Payable575068605242534946314147
Cash Conversion Cycle229223275239266279269337233247243320
Working Capital Days119107133132154149136191102129118193
ROCE %292525202019171725231921

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters585858585959595959595959
FIIs191818181817171717171717
DIIs202021212122222222222222
Government000.010.010.010.01000000
Public2.742.782.822.912.732.432.402.482.642.662.692.54
No. of Shareholders40,32643,42744,94345,92850,46153,26354,16655,45659,29755,40659,50058,979

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +14.4% (₹3,271.90 → ₹3,742.90)Brick size ₹117.05 (fixed)Bricks 38
₹3,500₹4,000₹4,500₹5,000₹3,743Dec '25Feb '26Apr '26Jun '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹3,742.90 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,95,82,203inr

2026-03-31

News

News and filings about AIA Engineering Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • ferro chrome / ferro chromium
  • mild steel / stainless steel scrap
  • moulding / foundry sand
  • piped natural gas (heat-treatment furnaces)

Depends on the price of

  • Natural gas
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Castings & Forgings
Classification
Capital Goods › Castings & Forgings
ISIN
INE212H01026

Plants

  • AIA Engineering - Kerala GIDC grinding media plant
  • AIA Engineering - Kerala GIDC mill liners plant
  • AIA Engineering - Moraiya grinding media plant
  • AIA Engineering - Tridevi Estate plant

News impact

Big market events that reach AIA Engineering Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

4 Sep 2026unspecified₹16
4 Sep 2025unspecified₹16
20 Aug 2024unspecified₹16
12 Sep 2023unspecified₹16
2 Sep 2022unspecified₹9
26 Aug 2021unspecified₹9
17 Mar 2020interim₹27
2 Aug 2019unspecified₹9

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.