AEROENTER
Aeroflex Enterprises share price & financials
- Price
- ₹135.87
- Market cap
- ₹1.6k Cr
- Sector
- Capital Goods
What Aeroflex Enterprises Limited does
Aeroflex Enterprises Limited (formerly Sat Industries Limited) is a diversified business incubator that owns and operates a cluster of manufacturing and services businesses alongside a large early-stage startup-investment book. Its core operating arms include Aeroflex Industries (flexible metal hoses, braided/unbraided hose assemblies and expansion bellows for industrial customers, with a newer line of skid assemblies for data-centre liquid-cooling), Aeroflex Neu (bulk packaging - FIBCs, PP woven bags and BOPP laminated bags) and Aeroflex Finance (an RBI-registered NBFC focused on MSME/SME lending). The group also runs Italica Global FZC, a UAE-based hub for global commerce, trading and foreign startup investments, and separately holds a portfolio of 168 early-stage startup investments spread across 35+ sectors. In April 2026 the company exited its air-compressor aftermarket-services business, M.R. Organisation, selling its 68% stake to Ingersoll-Rand Industrial US, Inc.
Segments
- Knowledge-based Engineering (Aeroflex Industries)
- Innovative Packaging (Aeroflex Neu, formerly Sah Polymers)
- Financial Services (Aeroflex Finance)
- Global Commerce (Italica Global FZC)
- Startup Investments
- Tech-Enabled Utility & Industrial Services (M.R. Organisation)
- Subsidiaries & stepdown subsidiaries
- 12
- Business verticals
- 6
- Countries with sales/commercial presence
- 100+
- International offices
- 5 (USA, UK, Belgium, Portugal, UAE)
- Consolidated workforce
- 2,000+
- Startup investment portfolio
- 168 investments across 35+ sectors
Quarterly results
Q1 FY27: revenue up 41.0%, net profit up 635.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 157 | 161 | 134 | 172 +25% | 191 +22% | 200 +24% | 189 +41% |
| EBITDA | 25 | 29 | 27 | 18 | 30 +20% | 38 +31% | 36 +33% | 17 −6% |
| Net profit | 22 | 22 | 19 | 14 | 20 −9% | 25 +14% | 26 +37% | 103 +636% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +58.9% 1Y
1Y: ₹86.27 on 10 Sept 2025 → ₹137.09. High ₹154.73 (7 Sept 2026), low ₹64.94 (30 Mar 2026).
Financials, as filed
Revenue grew 18.1% a year over 2 years, FY24 to FY26. Operating margin widened to 17.5%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹500 Cr | ₹579 Cr | ₹697 Cr |
| Operating profit | ₹74 Cr | ₹102 Cr | ₹122 Cr |
| Operating margin | 14.8% | 17.6% | 17.5% |
| Interest | ₹9 Cr | ₹5 Cr | ₹5 Cr |
| Depreciation | ₹8 Cr | ₹14 Cr | ₹33 Cr |
| Net profit | ₹274 Cr | ₹81 Cr | ₹85 Cr |
| Net margin | 54.8% | 14.0% | 12.2% |
| Cash from operations | ₹-246 Cr | ₹37 Cr | ₹18 Cr |
| Free cash flow | ₹-291 Cr | ₹-61 Cr | ₹-60 Cr |
| ROCE | 14.0% | 14.0% | 13.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr |
| Reserves | ₹145 Cr | ₹180 Cr | ₹239 Cr | ₹626 Cr | ₹707 Cr | ₹804 Cr |
| Borrowings | ₹73 Cr | ₹91 Cr | ₹105 Cr | ₹63 Cr | ₹46 Cr | ₹41 Cr |
| Other liabilities | ₹64 Cr | ₹85 Cr | ₹124 Cr | ₹182 Cr | ₹280 Cr | ₹288 Cr |
| Total liabilities | ₹304 Cr | ₹379 Cr | ₹490 Cr | ₹893 Cr | ₹1.1k Cr | ₹1.2k Cr |
| Fixed assets | ₹75 Cr | ₹80 Cr | ₹112 Cr | ₹144 Cr | ₹305 Cr | ₹345 Cr |
| Capital work in progress | ₹0 Cr | ₹13 Cr | ₹2 Cr | ₹6 Cr | ₹25 Cr | ₹23 Cr |
| Investments | ₹6 Cr | ₹10 Cr | ₹13 Cr | ₹20 Cr | ₹22 Cr | ₹27 Cr |
| Other assets | ₹223 Cr | ₹275 Cr | ₹363 Cr | ₹723 Cr | ₹704 Cr | ₹761 Cr |
| Total assets | ₹304 Cr | ₹379 Cr | ₹490 Cr | ₹893 Cr | ₹1.1k Cr | ₹1.2k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −1.48 pp while FIIs added +0.75 pp. The shareholder count shrank 14% to 36,992.
- Promoters
- 52.3%
- FIIs
- 1.3%
- DIIs
- 0.1%
- Public
- 46.4%
Since Jun 2025
- Public −1.48 pp
- FIIs +0.75 pp
- Promoters +0.71 pp
How it drifted, 12 quarters
Over this window FIIs fell from 2.3% to 1.3% — −1.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 51.6%, FIIs 2.3%, Public 46.1%.Dec '23: Promoters 51.6%, FIIs 0.8%, Public 47.7%.Mar '24: Promoters 51.6%, FIIs 0.8%, DIIs 0.2%, Public 47.5%.Jun '24: Promoters 51.6%, FIIs 1.1%, DIIs 0.2%, Public 47.1%.Sep '24: Promoters 51.6%, FIIs 0.6%, Public 47.8%.Dec '24: Promoters 51.6%, FIIs 0.6%, Public 47.8%.Mar '25: Promoters 51.6%, FIIs 0.5%, DIIs 0.0%, Public 47.9%.Jun '25: Promoters 51.6%, FIIs 0.5%, DIIs 0.0%, Public 47.9%.Sep '25: Promoters 51.6%, FIIs 0.5%, DIIs 0.0%, Public 47.9%.Dec '25: Promoters 51.6%, FIIs 0.6%, DIIs 0.0%, Public 47.8%.Mar '26: Promoters 51.6%, FIIs 0.5%, DIIs 0.1%, Public 47.8%.Jun '26: Promoters 52.3%, FIIs 1.3%, DIIs 0.1%, Public 46.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- A Flex Invest Private Limited +0.75 pp 7.38% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Aeroflex Enterprises Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sat Invest Private Limited | 44.92% | unchanged |
| A Flex Invest Private Limited | 7.38% | +0.75 pp |
| Space Age Polymers LLP | 4.51% | unchanged |
| Yusuf M Kagzi | 4.49% | unchanged |
| Da Tradetech Private Limited | 2.82% | −0.53 pp |
| Lalit Jankilal Kabra | 1.33% | unchanged |
| Jagdish N Master | 1.24% | unchanged |
| L7 Hitech Private Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Aeroflex Enterprises Limited
Guides on how to read this kind of business and the numbers that matter.