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Aeron Composites share price & results

Aeron Composites· Capital Goods· Industrials

Results to
Mar 2026
Latest analysed call
Q2 FY26
Ownership as of
Mar 2026

Gujarat-based 360° FRP (fibre-reinforced polymer) manufacturer making corrosion-free structural profiles, gratings, rods, poles and rebar as lightweight alternatives to steel and aluminium.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue103 ₹ crore−5.5% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin8.0 %−1.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit1.0 ₹ crore−85.7% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−10.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-11.32 %+9.4 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable−7.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

6 targets tracked, none judged yet · 6 open · verdicts reflect calls analysed to Q2 FY26.

Aeron Composites management guidance track record on Inve: 6 targets tracked across analysed earnings calls (0 achieved, 0 missed, 6 open).

TargetOriginal wordingSaidLatest callVerdict
Total Revenue Growth15% year-on-year growth minimum / ~INR 300 crores by FY27
Call transcript, Q2 FY26 · 21 Nov 2025		Q2 FY26Q2 FY26:Target set for FY27 at ~INR 300 crores.
Call transcript, Q2 FY26 · 21 Nov 2025		New

Source: Inve Guidance Tracker for Aeron Composites · to Q2 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Aeron Composites's 6 targets are still open. See which are on track and which have gone quiet. The 1 above are the free sample; 5 more targets are in the full ledger.

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Price

₹74 −1.33% · −₹1

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −34.1% 1Y

₹70₹80₹90₹100₹110Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 21 Nov 2025

1Y: ₹112.35 on 24 Oct 2025 → ₹74. High ₹115.4 (3 Nov 2025), low ₹71 (24 Aug 2026).

Previous close
₹75
Market cap
₹146 Cr
52-week range
₹71 – ₹115.4
One year
−33.36%
Price to earnings (FY ending Mar 2026)
16.15×
Return on equity (FY ending Mar 2026)
8.57%

Overview

Symbol
NSE:AERON
Industry
Industrials
Exchange
NSE
Currency
INR

What Aeron Composites does

Based on the company's own presentations, annual report and earnings calls.

Aeron Composite manufactures Fibre Glass Reinforced Polymer (FRP) products through an in-house pultrusion and moulding process, offering structural profiles, handrails, cable trays, fencing, poles, ladders, decking, cross arms, solar module structures and moulded gratings and rods. It has recently added GFRP Rebar (branded GIGABAR®) as a corrosion-free, lighter alternative to TMT steel rebar for infrastructure use, and is preparing to launch carbon-fibre reinforced polymer (CFRP) products. The company provides end-to-end service from design and prototyping to manufacturing, logistics, installation and after-sales support, serving utilities, telecom, oil & gas, renewable energy and industrial customers domestically and via exports.

Segments

  • Pultruded FRP products
  • Moulded FRP gratings
  • FRP rods
  • GFRP Rebar (GIGABAR®)
  • CFRP products
Installed manufacturing capacity
23,415 MT/yr
Manufacturing unit area
51,671 sq. mtr. (Mehsana, Gujarat)
Product categories
13
Team size
450+
Export countries
39
Customers across globe
800+
Founded 2011Headquarters Village Moraiya, Changodar, Ahmedabad, Gujarat, IndiaEmployees 450 (FY26) Company website

How the price took the results

close before → close after

Q2 FY26
−0.9%
21 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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