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As of 6 Nov 2026, Aartech Solonics trades at 28.2× trailing earnings, below the industry P/E of 30.0×, and the shares are 29% below their 52-week high. Its ROCE of 19% is the second-lowest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 24% and 41% a year over 3 years. Its dividend yield is 0.3%, and debt is 0.16× equity. It is a small-cap company with a market cap of ₹138 Cr, ranked 77th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 19% over the past year.

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

past year
Open
₹44.69
Day high
₹44.69
Day low
₹43.00
Prev. close
₹44.06
Volume
36.2K

Health check

2 good · 3 fair · 1 to check
  • ReturnsBehind

    −19.2% over a year, better than 1 of 7 peers.

  • Price tagIn line

    P/E 28.2 vs industry 30.0.

  • GrowthStrong

    Sales +23.5%, profit +40.8% a year over 3 years.

  • ProfitabilityAverage

    ROCE 18.7% vs peer median 22.1%.

  • Balance sheetFair

    Debt 0.16× equity, interest covered 13.7×, Piotroski 4 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

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

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹138 Cr, #77 of 97 in its industry by size.

Moves with the market

Beta 1.08 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹44 Cr · profit ₹5 Cr
Market cap
₹138 Cr
Small cap
P/E
28.2
Industry 30.0
Price to book
4.45
Peers 7.24
Dividend yield
0.29%
ROE
11.9%
Peers 18.0%
ROCE
18.7%
Peers 22.1%
Debt to equity
0.16
Debt ₹5.62 Cr
EPS (TTM)
₹1.54
Face value ₹5
OPM (TTM)
14.1%
Net margin 10.6%
Sales growth
+68.0%
Latest quarter vs a year ago
Profit growth
+62.8%
Latest quarter vs a year ago
Price to sales
3.14
EV/EBITDA 18.6

Strengths and risks

Strengths

  • Quarterly profit up 62.8% on a year ago.
  • Quarterly sales up 68.0% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Aartech Solonics

Aartech Solonics Limited operates as a system solution oriented research and development enterprise in the field of specialized and selected energy appliances in India and internationally. The company offers BTS 2000, a fast bus transfer system; control and relay panels, including main and auxiliary relays, annunciation relays, fuses, switches, wiring, terminal blocks; kranking ultracapacitors, built for engine cranking tasks; CLIP fault current limiters;…

Headquarters
Bhopal
Employees
76
Sector
Industrials
ISIN
INE01C001026

Price range

52 weeks

₹33.51₹60.98

Today

₹43.00₹44.69
Avg volume (3M)
1.3 L
1-year return
minus 19.2%
From 52-week high
minus 28.9%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Company
POWERINDIAHitachi Energy India27,800.00minus 1.42%1,23,911107.795.324.9%16.1%0.0222.2%plus 37.9%
CGPOWERCG Power and Industrial Solutions773.00minus 4.43%1,21,78588.672.519.3%13.1%0.0221.2%plus 8.2%
POLYCABPolycab India7,871.00plus 0.28%1,18,61337.529.030.4%13.6%0.0226.6%plus 3.8%
HAVELLSHavells India1,128.00plus 5.61%70,78942.630.022.1%9.1%0.029.9%minus 28.1%
APARINDSApar Industries14,106.00minus 9.65%59,06541.630.726.7%9.5%0.1217.0%plus 87.2%
KEIKEI Industries3,988.00minus 1.80%38,14336.129.918.7%11.0%0.0419.1%plus 1.8%
HONAUTHoneywell Automation India30,080.00minus 0.79%26,61347.035.715.7%13.8%0.0210.9%minus 17.5%
AARTECHAartech Solonics43.38minus 1.54%13828.217.718.7%16.2%0.1623.5%minus 19.2%
Median of 7 peers–−1.42%70,78942.630.722.1%13.1%0.0219.1%3.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
4.311.77.417.57.3
4.49.36166.4
−0.12.41.41.50.9
−1.9%20.4%19.3%8.5%12.3%
1.40.31.2−0.71.6
0.20.20.20.20.2
0.10.10.10.10.1
––−1.21.2–
12.41.11.62.2
35.0%11.9%49.2%62.5%29.1%
12.20.60.71.6
0.200.680.180.190.49

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+23.5%
Profit CAGR 3Y
+40.8%
EPS CAGR 3Y
+40.9%
ROE
11.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
21.732.736.440.9
–+51.0%+11.0%+12.5%
19.731.833.733.5
1.90.92.77.4
9.0%2.7%7.3%18.1%
0.60.13.6−0.7
0.20.30.40.5
0.40.50.50.5
0.12.4−3.60.5
22.61.76.2
31.0%49.1%−59.3%35.7%
1.41.32.84
–minus 7.5%+110.2%+43.6%
0.450.410.871.25

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
10.610.615.915.9
18.318.915.619.2
2.84.25.65.6
5.27.45.79.9
36.841.142.850.6
4.44.64.64.6
––0.10.2
0.610.90.6
7.411.414.112.4
24.424.223.132.9
36.841.142.850.6

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−4.81.5−1.5−0.7
3.8−0.91.32.7
1.20.40.3−0.9
0.2101.1
−0.5−0.6−0.5−0.5
−5.30.9−2−1.2
−0.5−0.5−0.8−0.4

Shareholding pattern

Source: NSE filings
52.8%
promoters
  • Promoters52.75%
  • Public47.25%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202652.75%47.25%0.00
30 Jun 202652.75%47.25%0.00
31 Mar 202652.75%47.25%0.00
31 Dec 202552.75%47.25%plus 0.03
30 Sep 202552.72%47.28%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you