Aimtron Electronics Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹3,501 Cr
- P/E
- 76.18
- ROE
- 23.60%
- Price to sales
- 11.63
- Debt to equity
- 0.24
- 52W high / low
- ₹1,950 / ₹718
- EBITDA margin
- 20.41%
- Net profit margin
- 15.26%
- Promoter holding
- 68.63%
- Sales (last year)
- ₹301 Cr
Incorporated in 2011, Aimtron Electronics Ltd is in the business of manufacturing Printed Circuit Boards (PCB) and also also provides services related to the designing of PCBs[1]
Guidance scorecard · Q4 FY26 call
What Aimtron's management guided
and where it ranks in Industrial Manufacturing
Industrial Manufacturing
RevenueQ4 FY26 call
40%+- Aimtron Electronics is targeting a 40% to 50% CAGR growth in sales revenue year-on-year, aiming to reach around ₹1,000 crores in the next couple of years.
- The growth is expected from both organic expansion and inorganic acquisitions like ICS/AIC.
- ICS/AIC is projected to contribute approximately ₹170 crores (~$17 million) in FY27, with double-digit revenue growth expected, though slower than Aimtron India's 40-50% growth.
- The company aims to maintain EBITDA margins around 20-22% consolidated, with standalone Aimtron margins around 15%.
- There is visibility of new opportunities, such as data center UPS orders, telecom products (Wi-Fi 6/7 equipment), agritech, defence, and railway sectors.
2 more points from Aimtron's call on revenue
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MarginsQ4 FY26 call
FlatSee what Aimtron said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Aimtron Electronics Limited is currently setting up a new Mechatronics facility with two SMT lines initially, scaling up to four SMT lines eventually.
- The existing setup has nine SMT lines, capable of supporting revenue up to ₹800-900 crores without additional major Capex.
- No significant Capex is planned in the short term except minor tool or small machine upgrades costing around ₹5-10 crores.
- The company does not foresee the need for large expansion costs in the existing setup at this point.
2 more points from Aimtron's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Aimtron said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- Current order book is around ₹570 crores.
- There are RFQs (Request for Quotations) worth approximately ₹900-950 crores.
- The company expects to convert a portion of these RFQs into actual orders, driving future growth.
- Growth in FY '27, including organic and inorganic factors, is targeted at 40%-50% CAGR.
- For FY '27, the consolidated revenue is expected in the range of ₹450-600 crores, depending on market conditions.
- The pipeline includes orders across multiple sectors including telecom, power, data centers, aerospace, defense, railways, and robotics.
2 more points from Aimtron's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Manufacturing companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹1,207 Cr | 111.0 | |
| 2 | 40%+ | Up 0–2% | ₹549 Cr | 33.8 | |
| 3 | 40%+ | Flat | ₹8,076 Cr | 94.4 | |
| 4 | AimtronThis stock | 40%+ | Flat | ₹3,732 Cr | 81.2 |
| 5 | 40%+ | Flat | ₹2,580 Cr | 61.2 | |
| 6 | 40%+ | Flat | ₹743 Cr | 43.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Manufacturing rankingAimtron announcements
All announcements →- Board / shareholder meeting outcomeNotableAimtron Electronics Ltd announces voting results of EGM on 22-10-2026
Financials of Aimtron
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Aimtron
Quarterly Results
Quarter-by-quarter operating performance
Financials of Aimtron
Profit & Loss
Annual income statement trend
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales + | 93 | 159 | 301 |
| Expenses + | 69 | 127 | 235 |
| Operating Profit | 24 | 32 | 66 |
| OPM % | 26% | 20% | 22% |
| Other Income + | 1 | 5 | 2 |
| Interest | 2 | 0 | 1 |
| Depreciation | 4 | 5 | 7 |
| Profit before tax | 19 | 32 | 61 |
| Tax % | 27% | 20% | 25% |
| Net Profit + | 14 | 26 | 46 |
| EPS in Rs | 9.06 | 12.56 | 22.31 |
| Dividend Payout % | 0% | 0% | 0% |
Financials of Aimtron
Balance Sheet
Capital structure and asset base
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 15 | 20 | 21 |
| Reserves | 37 | 135 | 214 |
| Borrowings + | 15 | 1 | 55 |
| Other Liabilities + | 26 | 74 | 130 |
| Total Liabilities | 93 | 230 | 420 |
| Fixed Assets + | 23 | 31 | 63 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other Assets + | 70 | 199 | 356 |
| Total Assets | 93 | 230 | 420 |
Financials of Aimtron
Cash Flows
Operating, investing and financing cash movement
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from Operating Activity + | 7 | -19 | -40 |
| Cash from Investing Activity + | -2 | -13 | -71 |
| Cash from Financing Activity + | -1 | 63 | 88 |
| Net Cash Flow | 3 | 31 | -24 |
| Free Cash Flow | 3 | -32 | -87 |
| CFO/OP | 50% | -24% | -36% |
Financials of Aimtron
Ratios
Working capital efficiency and return ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 66 | 200 | 164 |
| Inventory Days | 227 | 111 | 176 |
| Days Payable | 36 | 148 | 86 |
| Cash Conversion Cycle | 257 | 163 | 254 |
| Working Capital Days | 146 | 195 | 256 |
| ROCE % | 29% | 28% |
Guidance history
How Aimtron's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
| Q4 FY25 call → | 40%+ | Flat | Planned | — | Rising |
| Q2 FY25 call → | 40%+ | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
89 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +106.4% | 94% |
| Last 6 months | +39.1% | 85% |
| Last 3 months | +20.9% | 87% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Aimtron: 0.4 × 94 + 0.4 × 85 + 0.2 × 87 = 89.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Aimtron's management said in earlier quarters
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