Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Aeroflex Industries Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 70 | 83 | 84 | 73 | 78 | 90 | 95 | 100 | 92 | 84 | 111 | 121 | 126 |
| Expenses + | 51 | 67 | 66 | 59 | 63 | 72 | 75 | 78 | 73 | 69 | 85 | 93 | 96 |
| Operating Profit | 19 | 16 | 18 | 14 | 14 | 18 | 20 | 22 | 19 | 15 | 26 | 28 | 30 |
| OPM % | 27% | 19% | 21% | 19% | 19% | 20% | 21% | 22% | 21% | 18% | 23% | 23% | 24% |
| Other Income + | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 6 | 6 | 8 |
| Profit before tax | 16 | 15 | 15 | 13 | 14 | 17 | 19 | 20 | 15 | 10 | 20 | 22 | 23 |
| Tax % | 23% | 24% | 24% | 32% | 28% | 26% | 27% | 23% | 25% | 26% | 28% | 25% | 22% |
| Net Profit + | 13 | 11 | 12 | 9 | 10 | 12 | 14 | 15 | 11 | 7 | 14 | 16 | 18 |
| EPS in Rs | 1.10 | 0.97 | 0.90 | 0.70 | 0.78 | 0.96 | 1.06 | 1.18 | 0.87 | 0.55 | 1.10 | 1.28 | 1.33 |
Financials of Aeroflex Industries Ltd
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 144 | 144 | 241 | 269 | 318 | 376 | 442 |
| Expenses + | 122 | 122 | 194 | 216 | 256 | 296 | 342 |
| Operating Profit | 22 | 23 | 47 | 53 | 62 | 80 | 100 |
| OPM % | 15% | 16% | 20% | 20% | 20% | 21% | 23% |
| Other Income + | -3 | -2 | 1 | -3 | 4 | 2 | 1 |
| Interest | 12 | 9 | 7 | 4 | 3 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 5 | 6 | 11 | 26 |
| Profit before tax | 4 | 8 | 37 | 41 | 57 | 70 | 74 |
| Tax % | -32% | 25% | 25% | 27% | 27% | 25% | 25% |
| Net Profit + | 5 | 6 | 28 | 30 | 42 | 53 | 56 |
| EPS in Rs | 2.05 | 2.63 | 12.03 | 2.64 | 3.23 | 4.06 | 4.20 |
| Dividend Payout % | 0% | 0% | 0% | 8% | 8% | 7% | 0% |
Financials of Aeroflex Industries Ltd
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 26 | 26 | 26 |
| Reserves | 30 | 36 | 63 | 91 | 267 | 317 | 421 |
| Borrowings + | 63 | 53 | 39 | 45 | 0 | 1 | 9 |
| Other Liabilities + | 41 | 50 | 58 | 55 | 82 | 84 | 109 |
| Total Liabilities | 157 | 162 | 183 | 214 | 375 | 427 | 565 |
| Fixed Assets + | 44 | 43 | 46 | 56 | 83 | 172 | 213 |
| CWIP | 0 | 0 | 7 | 1 | 5 | 10 | 23 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 113 | 118 | 131 | 157 | 287 | 245 | 329 |
| Total Assets | 157 | 162 | 183 | 214 | 375 | 427 | 565 |
Financials of Aeroflex Industries Ltd
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 13 | 12 | 32 | 7 | 44 | 27 | 66 |
| Cash from Investing Activity + | -1 | -3 | -13 | -9 | -64 | -74 | -120 |
| Cash from Financing Activity + | -10 | -10 | -14 | 0 | 90 | -3 | 47 |
| Net Cash Flow | 2 | -1 | 5 | -2 | 70 | -50 | -7 |
| Free Cash Flow | 12 | 9 | 19 | -2 | 6 | -78 | -5 |
| CFO/OP | 58% | 54% | 68% | 14% | 95% | 54% | 85% |
Financials of Aeroflex Industries Ltd
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 85 | 80 | 91 | 109 | 113 | 107 |
| Inventory Days | 122 | 134 | 84 | 120 | 107 | 109 | 122 |
| Days Payable | 130 | 157 | 80 | 78 | 100 | 93 | 117 |
| Cash Conversion Cycle | 64 | 62 | 84 | 132 | 116 | 129 | 112 |
| Working Capital Days | 91 | 114 | 69 | 94 | 107 | 127 | 118 |
| ROCE % | 17% | 36% | 34% | 26% | 22% | 19% |