Aeroflex NEU Limited
NSE: AERONEU · Packaging · sector
₹69.80NSE close 2026-10-26
Key numbers
Market cap₹180 cr
Price₹69.80
52w high / low₹106 / ₹63
P/E183.7xSector median 16.2x
P/B1.7xSector median 1.4x
Book value₹40.8
Dividend yield–Sector median 0.58%
ROE1.0%Sector median 9.8%
ROCE3.6%Sector median 11.6%
OPM2.9%Sector median 9.2%
Debt / equity0.23xSector median 0.39x
EV/EBITDA51.0xSector median 7.7x
Interest cover1.9x
Current ratio2.58x
Sales growth 3y+10.6%Sector median +4.7%
Profit growth 3y-21.0%Sector median +0.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹18 cr vs borrowings ₹24 cr (FY26): borrowings are higher by ₹7 cr.
- Operating profit covered interest 1.9x in the last 12 months.
- Operating cash flow was below net profit in 2 of the last 4 years (FY24, FY23).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 445% of net profit in the last 12 months.
- Dividend paid in 1 of the last 4 financial years.
- Price ₹69.80 on 2026-10-26: -33.8% from the 52-week high, +10.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹119.69 · low ₹65.59
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 32 | 34 | 30 | 35 | 31 | 34 | 28 |
| EBITDA | 1 | 1 | 0 | 1 | 1 | 2 | -0 | 1 |
| OPM % | 2.7% | 4.3% | 0.6% | 2.4% | 2.1% | 6.5% | -0.1% | 3.4% |
| Other income | 1 | 0 | 1 | 1 | 2 | 0 | 1 | 1 |
| Net profit | 0 | 0 | -0 | 1 | 1 | 1 | -1 | 0 |
| EPS (₹) | 0.11 | 0.00 | -0.13 | 0.31 | 0.40 | 0.29 | -0.34 | 0.03 |
| Revenue YoY | +1.8% | -4.5% | +0.5% | -4.9% | ||||
| Profit YoY | +292.3% | +7,400.0% | – | -91.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 95 | 109 | 129 | 129 | 128 |
| EBITDA | 7 | 5 | 4 | 3 | 4 |
| Net profit | 3 | 1 | 0 | 2 | 1 |
| EPS (₹) | 2.10 | 0.36 | 0.09 | 0.68 | 0.38 |
| Revenue growth | +14.5% | +18.4% | -0.1% | -1.6% | |
| Profit growth | -76.6% | -75.0% | +745.0% | +32.7% | |
| Dividend / share (₹) | – | 0.50 | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +10.6% | – | -1.6% |
| Net profit | -21.0% | – | +32.7% |
| EPS | -31.3% | – | – |
| Share price | – | – (2y) | -9.1% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | 88 | 87 | 87 | 105 |
| Borrowings | 25 | 31 | 28 | 24 |
| Cash & equivalents | 22 | 13 | 5 | 18 |
| Total assets | 126 | 132 | 128 | 145 |
| Fixed assets | 44 | 48 | 52 | 50 |
| Capital work in progress | 1 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Receivables | 16 | 22 | 21 | 23 |
| Inventory | 26 | 30 | 34 | 30 |
| Payables | 8 | 9 | 8 | 9 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | -17 | 0 | 8 | 3 |
| Cash from investing | -24 | -5 | -6 | -0 |
| Cash from financing | 46 | -5 | -5 | 11 |
| Capex | 30 | 6 | 6 | 1 |
| Free cash flow | -47 | -6 | 2 | 2 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | 3.9% | 0.9% | 0.2% | 1.6% |
| ROCE % | 6.5% | 3.9% | 3.1% | 4.3% |
| Debtor days | 62 | 74 | 60 | 65 |
| Inventory days | 162 | 167 | 166 | 139 |
| Payable days | 52 | 49 | 38 | 42 |
| Cash conversion cycle (days) | 172 | 192 | 188 | 162 |
| Working capital days | 184 | 140 | 103 | 156 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 60.46% |
| FIIs | 3.65% |
| DIIs | 0.39% |
| Public (non-institutions) | 35.50% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% | 60.46% |
| Promoter group | % |
|---|---|
| Aeroflex Enterprises Limited | 55.50% |
| Sat Invest Pvt Ltd | 4.96% |
| Public holders above 1% | % |
|---|---|
| Park Continental Private Limited | 4.41% |
| Meru Investment Fund Pcc-Cell 1 | 3.61% |
| Gamco Limited | 2.29% |
| Da Tradetech Private Limited | 2.15% |
| L7 Hitech Private Limited | 2.11% |
| Harsh Jasmin Ajmera | 1.59% |
| Space Age Polymers Llp | 1.35% |
| Minal Manish Ajmera | 1.16% |
| Golden Goenka Commerce Private Limited | 1.06% |
| Rahul Gorwara | 1.05% |
6,023 shareholders. Pledged: – of promoter shares.
Peers in Packaging
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EPL | ₹7,100 cr | 18.3x | 2.5x | 14.9% | 17.0% | 19.3% | +8.8% | 2.25% |
| AGI | ₹4,590 cr | 12.7x | 1.9x | 16.1% | 19.6% | 22.5% | +5.3% | 0.98% |
| UFLEX | ₹4,111 cr | 6.0x | 0.5x | 8.8% | 8.9% | 13.5% | +1.6% | 0.53% |
| TCPLPACK | ₹3,649 cr | 31.6x | 5.1x | 16.9% | 17.8% | 15.3% | +7.9% | 0.75% |
| JINDALPOLY | ₹2,976 cr | – | 1.0x | -27.6% | -17.5% | -78.1% | -14.4% | 0.87% |
| POLYPLEX | ₹2,943 cr | 18.9x | 0.7x | 3.9% | 6.9% | 7.8% | -2.5% | 1.55% |
| XPROINDIA | ₹2,278 cr | 69.0x | 3.0x | 4.8% | 5.2% | 9.3% | -0.4% | 0.20% |
| KNACK | ₹2,038 cr | – | – | – | – | – | – | – |
| MOLDTKPAC | ₹1,928 cr | 25.3x | 2.8x | 11.4% | 13.4% | 19.1% | +6.7% | 0.69% |
| AERONEU | ₹180 cr | 183.7x | 1.7x | 1.0% | 3.6% | 2.9% | +10.6% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Flexible Packaging Solution Activity | ₹126 cr | 97.3% | ₹-2 cr | -1.9% |
| Engineering Activity | ₹2 cr | 1.9% | ₹2 cr | 92.1% |
| Others | ₹1 cr | 0.9% | ₹0 cr | 43.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-07-05 | Other | Annual General Meeting |
| 2023-07-07 | Dividend | Dividend - Rs 0.50 Per Share |
| 2023-07-07 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Packaging |
| Sub-industry | Packaging |
| Symbol | AERONEU |
| BSE code | 543743 |
| ISIN | INE035801013 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.