Airo LAM Limited

NSE: AIROLAM · Other · sector

₹87.00NSE close 2026-10-26

Key numbers

Market cap₹131 cr

Price₹87.00

52w high / low₹112 / ₹78

P/E24.6xSector median 14.4x

P/B1.7xSector median 1.7x

Book value₹52.4

Dividend yield–Sector median 0.37%

ROE7.1%Sector median 13.8%

ROCE9.6%Sector median 19.6%

OPM7.6%Sector median 10.4%

Debt / equity1.04xSector median 0.29x

EV/EBITDA10.9xSector median 8.4x

Interest cover1.8x

Current ratio1.33x

Sales growth 3y+6.8%Sector median +7.7%

Profit growth 3y-9.3%Sector median +16.6%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹2 cr vs borrowings ₹82 cr (FY26): borrowings are higher by ₹80 cr.
Operating profit covered interest 1.8x in the last 12 months.
18.69% of the promoters' shares are pledged (10.0% of all shares).
Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
Net loss in 1 of the last 8 quarters.
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 21% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹87.00 on 2026-10-26: -22.2% from the 52-week high, +11.5% 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 ₹141.95 · low ₹80.55

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	52	54	56	54	62	70	58	66
EBITDA	18	3	6	5	6	5	3	5
OPM %	35.2%	6.3%	10.6%	8.9%	9.9%	7.5%	5.6%	7.1%
Other income	-0	0	1	0	-0	0	1	0
Net profit	-3	1	3	1	2	1	0	1
EPS (₹)	-2.16	0.73	1.85	0.82	1.58	0.93	0.17	0.85
Revenue YoY					+19.4%	+29.2%	+3.1%	+22.8%
Profit YoY					–	+28.4%	-88.5%	+0.8%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	169	199	206	214	243	255
EBITDA	14	17	19	14	19	19
Net profit	0	7	8	3	6	5
EPS (₹)	4.37	4.93	5.23	1.80	3.50	3.53
Revenue growth		+18.1%	+3.5%	+3.8%	+13.5%	+18.5%
Profit growth		–	+5.9%	-65.6%	+104.1%	+182.6%
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+6.8%	–	+18.5%
Net profit	-9.3%	–	+182.6%
EPS	-10.8%	–	–
Share price	–	-17.2% (2y)	-18.1%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	64	70	73	79
Borrowings	–	51	79	90	82
Cash & equivalents	–	5	2	2	2
Total assets	–	162	192	216	226
Fixed assets	–	36	45	58	55
Capital work in progress	–	0	0	0	0
Investments	–	0	0	0	0
Receivables	–	49	55	58	68
Inventory	–	63	76	85	88
Payables	–	30	28	35	49

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-7	9	-1	14	19
Cash from investing	-3	-5	-13	-18	-3
Cash from financing	10	-4	11	4	-17
Capex	0	2	13	18	3
Free cash flow	-7	7	-13	-4	17

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	11.6%	11.1%	3.7%	7.0%
ROCE %	–	12.2%	11.3%	7.0%	9.8%
Debtor days	–	90	97	99	102
Inventory days	–	175	212	224	198
Payable days	–	84	79	91	110
Cash conversion cycle (days)	–	181	230	232	190
Working capital days	–	83	78	69	63

Shareholding

Holder	% (2026-09-30)
Promoters	53.50%
Public (non-institutions)	46.50%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	53.05%	53.14%	53.14%	53.14%	53.41%	53.41%	53.41%	53.50%

Promoter group	%
Pravinbhai Nathabhai Patel	8.55%
Patel Pravinbhai Amichandbhai	6.58%
Mahendra Nathabhai Patel	6.02%
Jasavantbhai Patel	5.89%
Patel Prafulkumar Devachandbhai	4.87%
Mamta Daxesh Raval	3.59%
Patel Hansrajbhai V Huf .	3.55%
Amrutbhai Hansrajbhai Patel	1.47%
Patel Majulaben P	1.43%
Patel Yash Pravinbhai	1.40%
Jayantibhai Pashabhai Patel	1.09%
Aartiben Pravinbhai Patel	0.97%
Sureshbhai Hansarajbhai Patel	0.91%
Ravi M. Patel	0.89%
Vasant Raval	0.88%

Public holders above 1%	%
Patel Anjanaben M	2.31%
Ranchi Finance Co Private Ltd	1.85%
Rekha Kejriwal	1.68%
Sankhala Piyushkumar Khetabhai	1.51%
Dinaben J Patel	1.50%
Ramesh N Patel	1.47%
Anand Haribhai Patel	1.08%
Shah Vijaykumar Kantilal	1.04%
Shital Ashishkumar Shah	1.03%

4,116 shareholders. Pledged: 18.69% of promoter shares.

Peers in Other

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
TSFINV	₹8,585 cr	17.6x	1.4x	8.4%	3.6%	20.5%	+121.7%	2.30%
KRISHANA	₹6,339 cr	39.9x	11.3x	41.6%	23.2%	12.6%	+95.7%	0.05%
MARINE	₹5,431 cr	84.2x	11.0x	14.3%	18.0%	10.8%	+25.6%	0.07%
ZOTA	₹4,139 cr	–	6.0x	-22.5%	-12.4%	-0.5%	+56.7%	0.07%
AIMTRON	₹3,319 cr	71.7x	17.1x	28.0%	31.8%	21.8%	–	–
ACCORD	₹2,984 cr	–	261.7x	12.4%	12.0%	2.4%	–	–
MONOLITH	₹2,646 cr	64.6x	24.3x	36.0%	48.7%	24.4%	–	–
UTSSAV	₹2,390 cr	40.2x	14.1x	43.4%	54.7%	7.9%	–	–
BETA	₹2,200 cr	40.6x	5.0x	16.4%	17.0%	20.8%	–	–
AIROLAM	₹131 cr	24.6x	1.7x	7.1%	9.6%	7.6%	+6.8%	–

All 688 companies in Other →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Laminates & Allied Products	₹300 cr	92.6%	₹15 cr	5.0%
Plywood & Allied Products	₹24 cr	7.4%	₹1 cr	4.2%

Dividends & corporate actions

Ex-date	Action	Detail
2024-08-27	Other	Annual General Meeting
2023-09-22	Other	Annual General Meeting
2022-09-19	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company


Sector
Industry	Other
Sub-industry
Symbol	AIROLAM
BSE code	–
ISIN	INE801L01010
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.