Aaron Industries share price, P/E, ROE & financials

As of 6 Nov 2026, Aaron Industries trades at 42.5× trailing earnings, above the industry P/E of 33.8×, and the shares are 34% below their 52-week high. Sales and net profit grew 18% and 7.9% a year over 3 years, with ROCE of 21% and ROE of 15%. Debt is 0.57× equity, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹288 Cr, ranked 87th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 32% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year

Open: ₹136.00
Day high: ₹139.00
Day low: ₹133.56
Prev. close: ₹135.21
Volume: 11.1K

Health check

3 fair · 3 to check

ReturnsBehind
−31.9% over a year, better than 1 of 7 peers.
Price tagPricier
P/E 42.5 vs industry 33.8.
GrowthSteady
Sales +18.1%, profit +7.9% a year over 3 years.
ProfitabilityAverage
ROCE 21.3% vs peer median 24.8%.
Balance sheetFair
Debt 0.57× equity, interest covered 5.6×, Piotroski 8 of 9.
Red flags2 to check
Quarterly profit down 15.7% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹288 Cr, #87 of 138 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Mar 2026: sales ₹97 Cr · profit ₹8 Cr

Market cap: ₹288 Cr; Small cap
P/E: 42.5; Industry 33.8
Price to book: 5.93; Peers 9.16
Dividend yield: 0.39%
ROE: 14.8%; Peers 19.1%
ROCE: 21.3%; Peers 24.8%
Debt to equity: 0.57; Debt ₹28 Cr
EPS (TTM): ₹3.24; Face value ₹10
OPM (TTM): 19.2%; Net margin 8.5%
Sales growth: +13.3%; Latest quarter vs a year ago
Profit growth: −15.7%; Latest quarter vs a year ago
Price to sales: 2.97; EV/EBITDA 15.2

Strengths

Return on capital employed of 21.3%.
Positive operating cash flow in each of the last 4 years.

Risks to check

Quarterly profit down 15.7% on a year ago.
34% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Aaron Industries

Aaron Industries Limited engages in the manufacture and sale of elevators and elevator parts in India. It operates through the Elevator and Steel Polishing segments. The Elevator segment offers the manufacturing and sale of elevator cabins, automatic door systems, traction machines, and other elevator components. The Steel Polishing segment undertakes polishing, finishing, and processing of stainless-steel sheets. It also provides elevator doors, control…

Headquarters: Surat
Employees: 204
Sector: Industrials
ISIN: INE721Z01010
Website: aaronindustries.net

Price range

52 weeks

₹106.80₹209.59

Today

₹133.56₹139.00

Avg volume (3M): 14.6K
1-year return: minus 31.9%
From 52-week high: minus 34.3%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
AARONAaron Industries	137.68	plus 1.83%	288	42.5	17.6	21.3%	19.2%	0.57	18.1%	minus 31.9%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26

SalesSelect a row below to chart it

Mar 25	Jun 25	Sep 25	Dec 25	Mar 26
24.1	19.2	22.2	23.2	27.3
19.1	15.6	18.1	18.4	22.2
5	3.7	4.1	4.8	5.1
20.9%	19.0%	18.5%	20.8%	18.6%
0.1	0	0.1	0	0.1
0.4	0.7	0.7	0.6	0.6
0.4	0.9	1	1	1
4.2	2.1	2.5	3.2	3.6
35.1%	49.0%	44.1%	37.7%	35.6%
2.8	1.1	1.4	2	2.3
1.31	0.51	0.67	0.48	1.11

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +18.1%
Profit CAGR 3Y: +7.9%
ROE: 14.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
55.8	63.2	77.9	92
–	+13.2%	+23.2%	+18.2%
46.2	51.9	63	74.1
9.6	11.2	14.9	18
17.2%	17.8%	19.1%	19.5%
−0.1	0	0	0
0.9	1.2	1.2	2.5
1.2	1.4	1.8	3.9
−0	−0.1	−0	−0.2
7.4	8.5	11.9	11.4
27.3%	25.5%	30.5%	40.5%
5.4	6.3	8.2	6.8
–	+17.1%	+30.2%	minus 17.5%
2.69	3.00	3.94	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10	10.5	10.5	20.9
10.4	25.4	32.6	27.7
11.4	31.6	31.9	27.7
6.8	7.3	7.9	14.8
38.7	74.7	82.8	91.2
19.2	51.2	57.3	55.3
0.4	26.9	32.5	–
0	0.1	0.1	0
19	−3.5	−7.2	35.9
38.7	74.7	82.8	91.2

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
4.1	5.6	8.6	7.7
−4.8	−33.3	−7.9	−1.7
0.8	27.7	−0.7	−6.1
0	0	0	−0.1
−4.9	−33.3	−8	−1.9
−0.8	−27.7	0.6	5.8
−0.8	−1	−1	−1.3

Shareholding pattern

Source: NSE filings

73.1%

promoters

Promoters73.11%
Public26.89%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	73.11%	26.89%	plus 0.04
30 Jun 2026	73.07%	26.93%	0.00
31 Mar 2026	73.07%	26.93%	plus 0.01
31 Dec 2025	73.06%	26.94%	0.00
30 Sep 2025	73.06%	26.94%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you