Patels Airtemp (India) Share Price & Earnings Call Analysis

₹360.40-1.78% today
Market cap
₹197 Cr
P/E
23.87
ROE
6.33%
PEG
-8.35
Price to sales
0.92
Debt to equity
0.47
52W high / low
₹416 / ₹184
Sales growth (5Y)
-0.19%
EBITDA margin
9.54%
Net profit margin
4.05%
Promoter holding
46.45%
Sales (last year)
₹213 Cr

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Manufacturing
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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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

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹1,185 Cr109.0
240%+Up 0–2%₹486 Cr29.9
340%+Flat₹7,897 Cr92.3
440%+Flat₹3,421 Cr74.4
540%+Flat₹2,461 Cr58.4
640%+Flat₹681 Cr40.0

Financials of Patels Airtemp

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Patels Airtemp

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +64.20101.1982.8385.2387.27115.45113.5081.8788.39104.0682.5722.0458.81
Expenses +56.6792.2175.1176.7679.47104.36103.1474.1379.3795.5876.0218.8752.37
Operating Profit7.538.987.728.477.8011.0910.367.749.028.486.553.176.44
OPM %11.73%8.87%9.32%9.94%8.94%9.61%9.13%9.45%10.20%8.15%7.93%14.38%10.95%
Other Income +0.440.260.260.150.561.050.420.320.270.540.591.390.98
Interest3.592.892.633.122.594.552.962.803.611.972.181.983.50
Depreciation1.050.951.031.041.030.961.031.021.030.850.860.880.89
Profit before tax3.335.404.324.464.746.636.794.244.656.204.101.703.03
Tax %29.73%28.89%25.93%25.56%27.64%28.51%25.48%25.71%18.06%27.58%31.46%61.18%12.21%
Net Profit +2.343.843.203.323.434.745.063.153.814.492.800.662.66
EPS in Rs4.287.025.856.076.278.679.255.766.978.215.121.214.86

Financials of Patels Airtemp

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +71113127136158151237255303281371388267
Expenses +6198112119138134214229275251336352243
Operating Profit10141517201723262830353625
OPM %14%13%12%13%12%12%10%10%9%11%9%9%9%
Other Income +0000012111224
Interest13235578912131110
Depreciation2223333344443
Profit before tax7101112131115151715202215
Tax %35%36%36%35%32%30%24%26%26%27%27%24%
Net Profit +56789711111211151711
EPS in Rs9.1912.2314.1015.6016.9814.4422.3122.4324.4620.4626.8530.1819.40
Dividend Payout %22%18%16%16%15%17%11%11%11%15%11%10%

Financials of Patels Airtemp

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital5555555555555
Reserves4448546269758494106124137152155
Borrowings +15251024304245648895939092
Other Liabilities +212527384469126119861361366147
Total Liabilities8510497128148191261282284360371308300
Fixed Assets +22232323212233434747454444
CWIP0001004100002
Investments0000000000000
Other Assets +628174105127169224239237313326264255
Total Assets8510497128148191261282284360371308300

Financials of Patels Airtemp

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +12-08-3-57118-1351140
Cash from Investing Activity +-6-1-6-1-1-3-17-9-6-3-1-1
Cash from Financing Activity +-27-181126-610143-17-16
Net Cash Flow46-166-410-129-55-723
Free Cash Flow7-45-6-63-6-1-201937
CFO/OP143%22%80%7%-6%62%64%47%-29%30%46%136%

Financials of Patels Airtemp

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days677410115214415714113111014410588
Inventory Days229154117150224309260258189314253165
Days Payable13680621001381231641477716011036
Cash Conversion Cycle160148157202230343236242221298248218
Working Capital Days36358810412210786708710210293
ROCE %14%17%17%19%18%14%17%16%14%13%14%14%

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