Aaron Industries Limited
NSE: AARON · Unclassified
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Instant answers about Aaron Industries Limited — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Revenue | 24.9 | 37.7 | 55.9 | 63.2 | 77.9 | 92.0 |
| EBITDA | 3.4 | 5.9 | 9.5 | 11.1 | 14.8 | 17.7 |
| Operating margin | 13.7% | 15.6% | 17.1% | 17.6% | 19.0% | 19.2% |
| Interest | 0.4 | 0.2 | 1.0 | 1.3 | 1.4 | 2.6 |
| Depreciation | 0.6 | 0.8 | 1.1 | 1.4 | 1.8 | 3.9 |
| Profit before tax | 2.5 | 4.9 | 7.4 | 8.5 | 11.9 | 11.4 |
| Tax | 0.5 | 1.1 | 2.0 | 2.2 | 3.6 | 4.6 |
| Net profit | 1.9 | 0.0 | 5.4 | 6.3 | 8.2 | 6.8 |
| EPS ₹ | 1.92 | 3.70 | 5.37 | 6.00 | 7.86 | 3.27 |
| Operating cash flow | — | 1.2 | 4.1 | 5.6 | 8.6 | 7.7 |
| Capex | — | 3.1 | 4.9 | 0.0 | 0.0 | 0.0 |
| Dividend paid | — | 0.0 | 0.8 | 1.0 | 1.1 | 1.3 |
| Total assets | — | — | 38.8 | 74.7 | 82.8 | 91.2 |
| Equity | — | — | 20.5 | 35.8 | 43.0 | 48.6 |
Quarterly performance
last 23 quarters · ₹ crore| DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.5 | 6.7 | 5.8 | 9.7 | 9.2 | 13.0 | 14.1 | 13.7 | 16.1 | 15.5 | 14.0 | 14.6 | 19.1 | 17.2 | 18.3 | 18.3 | 24.1 | 19.2 | 22.2 | 23.2 | 27.3 | 24.4 | 27.1 |
| Operating profit | 1.1 | 1.3 | 0.9 | 1.5 | 1.3 | 2.1 | 2.3 | 2.2 | 2.8 | 2.8 | 2.2 | 2.5 | 3.6 | 3.3 | 3.2 | 3.3 | 5.0 | 3.6 | 4.1 | 4.8 | 5.1 | 4.9 | 5.4 |
| Operating margin | 17.4% | 18.8% | 15.4% | 15.4% | 14.4% | 16.5% | 16.5% | 16.4% | 17.4% | 17.9% | 15.6% | 17.3% | 19.0% | 19.2% | 17.6% | 17.8% | 20.9% | 19.0% | 18.5% | 20.8% | 18.6% | 20.2% | 20.0% |
| Other income | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 |
| Interest | 0.2 | -0.0 | 0.2 | 0.1 | -0.3 | 0.1 | 0.3 | 0.2 | 0.3 | 0.2 | 0.4 | 0.4 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.7 | 0.7 | 0.6 | 0.6 | 0.5 | 0.6 |
| Depreciation | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.9 | 1.0 | 1.0 | 0.9 | 1.0 | 1.0 |
| Profit before tax | 0.8 | 1.2 | 0.5 | 1.1 | 1.4 | 1.8 | 1.8 | 1.7 | 2.2 | 2.2 | 1.4 | 1.8 | 3.1 | 2.6 | 2.5 | 2.5 | 4.2 | 2.1 | 2.5 | 3.2 | 3.6 | 3.5 | 3.9 |
| Tax | 0.2 | 0.4 | 0.1 | 0.3 | 0.4 | 0.3 | 0.5 | 0.5 | 0.6 | 0.6 | 0.2 | 0.6 | 0.8 | 0.7 | 0.7 | 0.7 | 1.5 | 1.0 | 1.1 | 1.2 | 1.3 | 0.9 | 1.0 |
| Net profit | 0.6 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 1.3 | 1.2 | 1.7 | 1.6 | 1.2 | 1.2 | 2.3 | 1.9 | 1.8 | 1.8 | 2.8 | 1.1 | 1.4 | 2.0 | 2.3 | 2.6 | 2.9 |
| EPS ₹ | 0.59 | 0.83 | 0.37 | 0.81 | 1.02 | 1.50 | 1.27 | 1.23 | 1.65 | 1.60 | 1.10 | 1.15 | 2.22 | 1.79 | 1.72 | 1.72 | 2.64 | 1.01 | 0.67 | 0.97 | 1.13 | 1.22 | 1.37 |
| Revenue YoY | — | — | — | — | 39.8% | 94.3% | 45.2% | 49.3% | 23.3% | — | -0.7% | 6.9% | 18.8% | 10.8% | 30.6% | 25.4% | 26.4% | 11.9% | 21.6% | 26.6% | 13.4% | 27.0% | 21.9% |
| Profit YoY | — | — | — | — | -100.0% | -100.0% | — | — | — | — | -6.3% | -3.2% | 40.4% | 16.1% | 51.7% | 50.0% | 18.0% | -43.3% | -23.6% | 12.2% | -15.6% | 141.5% | 107.2% |
Returns & margins
trailing-twelve-month, per quarter| SEP '21 | DEC '21 | MAR '22 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | 28.3% | 17.7% | 17.5% | 17.7% | 18.4% | 18.8% | 20.3% | 19.1% | 17.3% | 15.8% | 16.3% | 14.0% | 17.1% | 18.5% |
| ROCE | — | — | — | 28.2% | 16.8% | 17.3% | 14.6% | 15.2% | 15.4% | 16.3% | 17.7% | 17.5% | 17.6% | 19.0% | 18.3% | 19.9% | 19.4% |
| Net margin | 5.0% | 2.6% | 0.0% | 9.8% | 9.6% | 9.4% | 10.0% | 10.2% | 10.4% | 10.7% | 10.6% | 9.3% | 8.3% | 8.1% | 7.4% | 8.5% | 9.6% |
| EBITDA margin | 16.7% | 15.9% | 15.6% | 17.1% | 16.9% | 17.1% | 17.6% | 17.9% | 18.3% | 18.4% | 19.0% | 19.0% | 19.1% | 19.9% | 19.2% | 19.5% | 19.9% |
| Debt / equity | — | — | — | 0.56 | 0.61 | 0.61 | 0.88 | 0.88 | 0.90 | 0.90 | 0.74 | 0.74 | 0.72 | 0.72 | 0.57 | 0.57 | 0.61 |
| Interest coverage | 8.49 | 85.80 | 28.00 | 8.88 | 7.55 | 6.72 | 7.39 | 7.39 | 8.78 | 9.84 | 9.66 | 7.47 | 6.31 | 5.98 | 5.41 | 6.27 | 7.06 |
| Asset turnover | — | — | — | 1.53 | 1.01 | 1.03 | 0.85 | 0.87 | 0.84 | 0.88 | 0.94 | 0.97 | 0.96 | 1.02 | 1.01 | 1.07 | 1.02 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Share capital | 10.0 | 10.0 | 10.5 | 10.5 | 10.5 | 10.5 | 20.9 | 20.9 | 20.9 |
| Other equity / reserves | 7.5 | 10.4 | 21.9 | 25.4 | 28.0 | 32.6 | 23.3 | 27.7 | 31.9 |
| Total equity | 17.6 | 20.5 | 32.3 | 35.8 | 38.5 | 43.0 | 44.2 | 48.6 | 52.9 |
| Borrowings | 11.4 | 11.4 | 19.7 | 31.6 | 34.5 | 31.9 | 32.0 | 27.8 | 32.4 |
| Current liabilities | 12.9 | 11.7 | 18.3 | 15.8 | 23.2 | 19.7 | 24.1 | 25.9 | 31.0 |
| Non-current liabilities | 7.1 | 6.5 | 7.8 | 23.1 | 21.1 | 20.1 | 19.0 | 16.6 | 16.4 |
| Total assets | 37.5 | 38.8 | 58.5 | 74.7 | 82.7 | 82.8 | 87.4 | 91.2 | 100.3 |
| Property, plant & equipment | 19.0 | 18.8 | 20.9 | 24.3 | 24.6 | 24.8 | 56.3 | 55.3 | 54.0 |
| Capital work-in-progress | 0.1 | 0.4 | 4.5 | 26.9 | 29.8 | 32.5 | 0.0 | 0.0 | 0.0 |
| Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inventories | 11.8 | 14.5 | 14.7 | 16.4 | 20.2 | 16.0 | 21.1 | 24.4 | 30.8 |
| Receivables | 5.1 | 2.5 | 6.0 | 3.5 | 4.2 | 5.2 | 5.3 | 7.0 | 9.6 |
| Cash & equivalents | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 1.2 | 4.1 | 5.6 | 8.6 | 7.7 |
| Cash from investing | -3.1 | -4.8 | -33.3 | -7.9 | -1.7 |
| Cash from financing | 1.9 | 0.8 | 27.7 | -0.7 | -6.1 |
| Capex | 3.1 | 4.9 | 0.0 | 0.0 | 0.0 |
| Free cash flow | -1.9 | -0.8 | 5.6 | 8.6 | 7.7 |
| Dividends paid | 0.0 | 0.8 | 1.0 | 1.1 | 1.3 |
Where the assets sit
Sep '26 · ₹ crorePeer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| Aaron Industries Limited | 288 | 137.68 | 29.5 | 5.45 | 18.5% |
StoxGud checklist: Neutral setup · 6/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
FAQs
What is the share price of Aaron Industries Limited?
Aaron Industries Limited (AARON) closed at ₹137.68 on NSE on 06 Nov 2026.
What is the market cap of Aaron Industries Limited?
₹288 crore at the latest close.
What is the P/E ratio of Aaron Industries Limited?
29.5, on trailing-twelve-month earnings from its filings.
How fast is Aaron Industries Limited growing?
Aaron Industries Limited: revenue has compounded at 18.1% a year over three years; net profit at 8.0% a year. Latest-quarter revenue is up 21.9% year on year, profit up 107.2%.
How profitable is Aaron Industries Limited?
On a trailing-twelve-month basis return on equity is 18.5%, return on capital employed 19.4%, operating margin 19.9%, net margin 9.6%.
How much debt does Aaron Industries Limited have?
Aaron Industries Limited is moderately geared: debt to equity is 0.61 with borrowings of ₹32 cr against cash of ₹0 cr (balance sheet of 2026-09-30). Operating profit covers interest 7.1 times.
Financials parsed from Aaron Industries Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from DEC '20, annual from FY21, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.