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    AIA Engineering Limited

    Makes high-chrome wear-resistant grinding media & mill liners for mining, cement, thermal and quarry industries worldwide

    Capital Goods
    Industrials
    View AIAENG earnings calls
    ₹4,687
    +14.13% from avg

    Overview

    Price

    ₹4,687

    Market Cap

    ₹43.0k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1919191919191919
    Reserves3.7k4.2k4.7k5.7k6.6k6.9k7.3k8.0k
    Borrowings127193105034614911.0k10
    Other Liabilities334321361437375416500502
    Total Liabilities4.2k4.8k5.1k6.6k7.5k7.8k8.9k8.5k
    AssetsFixed Assets8908117901.0k1.1k1.2k1.1k1.2k
    CWIP32161210107927710016
    Investments1.4k8091.1k2.3k3.0k3.9k4.8k4.3k
    Other Assets1.8k3.0k3.1k3.3k3.2k2.7k2.9k3.0k
    Total Assets4.2k4.8k5.1k6.6k7.5k7.8k8.9k8.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating190679598-408689031.2k592
    Cash from Investing-162-310-351101-1.2k-819-203-124
    Cash from Financing0-42967-267395-211-743-660
    SummaryCapital Expenditure
    Free Cash Flow-9548475-1656756931.0k491
    FCF Margin

    Valuation

    Assumptions

    Current — AIAENG
    Price
    ₹4,687
    EPS (TTM)
    ₹136.11
    PE (TTM)
    34.4
    Profit growth
    6.3%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (29.6×) and current (34.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹4,687
    vs
    Fair value · 15% return
    ₹2,344
    50%Overvalued

    At 6.3% growth and a 30× exit, ₹4687 only delivers your return if you pay ₹2,344. The price is currently baking in 21% growth.

    EPS grows 6.3%/yr for 5 years, then fades to 6% over 2, exits at 30×.

    YearGrowthEPS (₹)
    FY276.3%144.68
    FY286.3%153.80
    FY296.3%163.49
    FY306.3%173.79
    FY316.3%184.74
    FY326.2% ·fade196.10
    FY336.0% ·fade207.87

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse AIA Engineering Limited

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