AEROFLEX share price, P/E, ROE & financials

As of 6 Nov 2026, Aeroflex Industries trades at 70.8× trailing earnings, above the industry P/E of 25.1×, and the shares are 21% below their 52-week high. It earns ROCE of 17% and ROE of 21%, and sales and net profit grew 17% and 23% a year over 3 years. It has almost no debt, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹6,388 Cr, ranked 9th of 71 Metal Fabrication companies by market cap; the shares rose 196% over the past year.

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

past year

Open: ₹465.95
Day high: ₹517.00
Day low: ₹465.95
Prev. close: ₹540.30
Volume: 66.6 L

Health check

1 good · 3 fair · 2 to check

ReturnsAhead
+195.5% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 70.8 vs industry 25.1.
GrowthSteady
Sales +17.2%, profit +22.6% a year over 3 years.
ProfitabilityAverage
ROCE 16.5% vs peer median 15.6%.
Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
Red flags1 to check
P/E of 70.8 against an industry P/E of 25.1.

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

Metal Fabrication

70 listed peers. Screen the industry

Small cap

₹6,388 Cr, #9 of 71 in its industry by size.

Moves with the market

Beta 0.81 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Sep 2026: sales ₹599 Cr · profit ₹89 Cr

Market cap: ₹6,388 Cr; Small cap
P/E: 70.8; Industry 25.1
Price to book: 12.85; Peers 7.00
Dividend yield: 0.08%
ROE: 20.9%; Peers 8.6%
ROCE: 16.5%; Peers 15.6%
Debt to equity: 0.05; Debt ₹24 Cr
EPS (TTM): ₹6.82; Face value ₹2
OPM (TTM): 23.7%; Net margin 14.9%
Sales growth: +87.0%; Latest quarter vs a year ago
Profit growth: +150.9%; Latest quarter vs a year ago
Price to sales: 10.66; EV/EBITDA 45.8

Strengths

Return on equity of 20.9%.
Practically debt-free.
Quarterly profit up 150.9% on a year ago.
Quarterly sales up 87.0% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

P/E of 70.8 against an industry P/E of 25.1.

Derived automatically from reported figures. Not a recommendation.

About Aeroflex Industries

Aeroflex Industries Limited manufactures and sells stainless steel flexible hose, assemblies, and fittings in India. It offers SFN (secondary fluid network); corrugated stainless steel hoses; corrugated metal hose assemblies; stripwound metal hoses; metal bellows and expansion joints, such as axial, universal and lateral, hinged angular, gimbal angular, internal and inline pressure balanced, external pressure balanced, and elbow pressure balanced…

Headquarters: Mumbai
Employees: 607
Sector: Industrials
ISIN: INE024001021
Website: aeroflexindia.com

Price range

52 weeks

₹158.00₹613.70

Today

₹465.95₹517.00

Avg volume (3M): 30.2 L
1-year return: plus 195.5%
From 52-week high: minus 21.3%

Peers · Metal Fabrication

Compare with peers Screen the whole industry

Company
BHARATFORGBharat Forge	1,740.00	minus 0.74%	85,029	121.8	7.23	15.6%	6.7%	14.7%	9.7%	26.9%	0.49%	plus 32.3%
INDOMIMINDO-MIM	1,219.50	minus 3.93%	60,302	101.1	20.94	22.8%	21.3%	28.6%	15.8%	4.9%	0.00%	plus 64.4%
PTCILPTC Industries	24,335.00	plus 0.04%	38,564	290.6	23.73	7.9%	8.6%	24.6%	40.7%	57.8%	0.00%	plus 41.4%
ZETWERKZetwerk Manufacturing Businesses	164.89	minus 1.10%	27,937	–	−2.47	−13.0%	−36.0%	0.1%	56.9%	–	0.00%	plus 19.3%
HAPPYFORGEHappy Forgings	1,694.50	minus 10.00%	15,996	49.0	7.00	18.9%	15.2%	30.6%	9.8%	13.1%	0.24%	plus 85.8%
RKFORGERamkrishna Forgings	693.85	minus 4.25%	13,087	68.4	3.51	4.7%	5.6%	17.1%	10.5%	−33.9%	0.58%	plus 35.6%
GRAVITAGravita India	1,493.90	minus 0.07%	10,883	27.3	4.11	18.1%	16.2%	9.3%	14.9%	23.5%	0.52%	minus 15.4%
AEROFLEXAeroflex Industries	482.70	minus 10.66%	6,388	70.8	12.85	16.5%	20.9%	23.7%	17.2%	22.6%	0.08%	plus 195.5%
Median of 7 peers	–	−1.10%	27,937	84.7	7.00	15.6%	8.6%	17.1%	14.9%	18.3%	0.24%	35.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
84.3	121	126	145	207
68.9	92.5	95.8	112	157
15.5	28.4	30	33.5	50.3
18.4%	23.5%	23.9%	23.0%	24.3%
0.3	0.2	0.6	0.6	0.3
0.2	0.2	0.3	0.4	0.6
5.9	6.3	7.8	7.8	0.4
9.7	22.1	22.6	25.9	49.6
26.2%	25.3%	21.9%	27.4%	26.3%
7.2	16.5	17.6	18.8	36.6
0.55	1.28	1.36	1.42	2.76

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +17.2%
Profit CAGR 3Y: +22.6%
EPS CAGR 3Y: +22.4%
ROE: 20.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
263	312	367	423
–	+18.6%	+17.6%	+15.5%
214	253	304	337
48.3	58.9	63	86.2
18.4%	18.9%	17.2%	20.4%
1.5	6.6	8.3	15.8
3	2	0.3	0.9
5.2	6.3	0.4	26.1
−0.3	−0	−0.6	−0.9
41.2	57.3	69.9	74.1
26.9%	27.1%	24.9%	25.0%
30.2	41.7	52.5	55.5
–	+38.4%	+25.8%	+5.8%
2.33	3.23	4.06	4.28

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
22.9	25.9	25.9	26.5
91.2	267	317	421
45	0.1	0.6	8.9
54.9	81.7	83.6	109
214	375	427	565
56.2	87.8	180	234
0.6	5.4	9.8	23.1
–	–	–	0
6.3	105	26.8	69.6
151	176	210	238
214	375	427	565

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
7.2	44.1	26.6	65.8
−9.5	−64	−73.7	−120
0.2	90.3	−3.1	46.8
−2.1	70.4	−50.2	−7.3
−9.5	−37.7	−103	−71.1
−2.2	6.4	−76.9	−5.2
−2.3	−2.3	−3.2	−3.9

Shareholding pattern

Source: NSE filings

65.5%

promoters

Promoters65.47%
Public34.53%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	65.47%	34.53%	0.00
30 Jun 2026	65.47%	34.53%	0.00
31 Mar 2026	65.47%	34.53%	0.00
3 Feb 2026	65.47%	34.53%	minus 1.52
31 Dec 2025	66.99%	33.01%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you