Patels Airtemp (India) Ltd.
BSE: PATELSAI · Industrial Products · sector
₹337.10BSE close 2026-10-26
Key numbers
Market cap₹184 cr
Price₹337.10
52w high / low₹437 / ₹180
P/E22.8xSector median 24.2x
P/B1.1xSector median 2.8x
Book value₹303.7
Dividend yield0.89%Sector median 0.50%
ROE4.2%Sector median 11.5%
ROCE7.4%Sector median 13.4%
OPM10.0%Sector median 10.3%
Debt / equity0.53xSector median 0.17x
EV/EBITDA12.8xSector median 16.7x
Interest cover1.9x
Current ratio1.88x
Sales growth 3y-3.5%Sector median +10.2%
Profit growth 3y-2.8%Sector median +12.8%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹34 cr vs borrowings ₹88 cr (FY26): borrowings are higher by ₹54 cr.
- Operating profit covered interest 1.9x in the last 12 months.
- Net loss in 1 of the last 6 quarters.
- Other income was 54% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹337.10 on 2026-10-26: -22.9% from the 52-week high, +87.2% 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 ₹803.60 · low ₹204.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 104 | 83 | 22 | 59 | 90 | 16 |
| EBITDA | 8 | 7 | 3 | 6 | 7 | 2 |
| OPM % | 8.1% | 7.9% | 14.4% | 11.0% | 8.0% | 11.8% |
| Other income | 1 | 1 | 1 | 1 | 1 | 0 |
| Net profit | 4 | 3 | 1 | 3 | 4 | -1 |
| EPS (₹) | 8.22 | 5.12 | 1.21 | 4.86 | 7.59 | 1.14 |
| Revenue YoY | -14.0% | -81.2% | ||||
| Profit YoY | -7.6% | -122.1% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 303 | 281 | 371 | 388 | 253 | 186 |
| EBITDA | 28 | 30 | 35 | 36 | 23 | 19 |
| Net profit | 12 | 11 | 15 | 17 | 10 | 7 |
| EPS (₹) | 24.46 | 21.44 | 26.86 | 30.18 | 18.78 | 14.80 |
| Revenue growth | -7.2% | +31.7% | +4.6% | -34.8% | – | |
| Profit growth | -9.8% | +31.4% | +12.3% | -37.8% | – | |
| Dividend / share (₹) | – | 2.80 | 3.00 | 3.00 | 3.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -3.5% | – | – |
| Net profit | -2.8% | – | – |
| EPS | -4.3% | – | – |
| Share price | – | -33.1% (2y) | +6.2% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 157 | 166 |
| Borrowings | 90 | 88 |
| Cash & equivalents | 28 | 34 |
| Total assets | 308 | 297 |
| Fixed assets | 43 | 45 |
| Capital work in progress | 0 | 3 |
| Investments | 0 | 0 |
| Receivables | 94 | 107 |
| Inventory | 115 | 83 |
| Payables | 25 | 16 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 40 | 23 |
| Cash from investing | -1 | -3 |
| Cash from financing | -16 | -13 |
| Capex | 0 | 0 |
| Free cash flow | 40 | 23 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 10.5% | 6.2% |
| ROCE % | 13.4% | 9.4% |
| Debtor days | 88 | 154 |
| Inventory days | 165 | 201 |
| Payable days | 36 | 38 |
| Cash conversion cycle (days) | 217 | 317 |
| Working capital days | 119 | 163 |
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| PATELSAI | ₹184 cr | 22.8x | 1.1x | 4.2% | 7.4% | 10.0% | -3.5% | 0.89% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-21 | Dividend | Dividend Rs 3.0 |
| 2025-09-19 | Dividend | Dividend Rs 3.0 |
| 2024-09-12 | Dividend | Final Dividend Rs 3.0 |
| 2023-09-14 | Dividend | Dividend Rs 3.0 |
| 2022-09-15 | Dividend | Final Dividend Rs 2.8 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | PATELSAI |
| BSE code | 517417 |
| ISIN | INE082C01024 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.