SAH
Aeroflex Neu financials
- Market cap
- ₹271 Cr
- Sector
- Capital Goods
Quarterly results
Q1 FY27: revenue down 4.9%, net profit down 90.1% 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 | 34 | 32 | 34 | 30 | 35 +2% | 31 −4% | 34 +1% | 28 −5% |
| EBITDA | 1 | 1 | 0 | 1 | 1 −21% | 2 +43% | 0 −68% | 1 +35% |
| Net profit | 0 | 0 | -0 | 1 | 1 +312% | 1 | -1 −156% | 0 −90% |
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 +33.7% 1Y
1Y: ₹78.32 on 20 Aug 2024 → ₹104.75. High ₹121.99 (3 Jul 2025), low ₹70.86 (28 Feb 2025).
Financials, as filed
Revenue grew 10.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to 2.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹95 Cr | ₹109 Cr | ₹129 Cr | ₹129 Cr |
| Operating profit | ₹7 Cr | ₹5 Cr | ₹4 Cr | ₹3 Cr |
| Operating margin | 7.4% | 4.3% | 3.1% | 2.7% |
| Interest | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹2 Cr |
| Depreciation | ₹1 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹4 Cr | ₹1 Cr | ₹0 Cr | ₹2 Cr |
| Net margin | 4.0% | 0.8% | 0.2% | 1.4% |
| Cash from operations | ₹-17 Cr | ₹0 Cr | ₹9 Cr | ₹3 Cr |
| Free cash flow | ₹-41 Cr | ₹-6 Cr | ₹3 Cr | ₹2 Cr |
| ROCE | 9.0% | 4.0% | 3.0% | 5.0% |
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 | FY20 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹16 Cr | ₹16 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr |
| Reserves | ₹4 Cr | ₹8 Cr | ₹59 Cr | ₹58 Cr | ₹79 Cr | ₹76 Cr |
| Borrowings | ₹10 Cr | ₹30 Cr | ₹25 Cr | ₹31 Cr | ₹29 Cr | ₹24 Cr |
| Other liabilities | ₹7 Cr | ₹14 Cr | ₹16 Cr | ₹17 Cr | ₹19 Cr | ₹19 Cr |
| Total liabilities | ₹36 Cr | ₹69 Cr | ₹126 Cr | ₹132 Cr | ₹153 Cr | ₹145 Cr |
| Fixed assets | ₹13 Cr | ₹19 Cr | ₹47 Cr | ₹51 Cr | ₹54 Cr | ₹53 Cr |
| Capital work in progress | ₹0 Cr | ₹7 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹23 Cr | ₹43 Cr | ₹78 Cr | ₹80 Cr | ₹99 Cr | ₹92 Cr |
| Total assets | ₹36 Cr | ₹69 Cr | ₹126 Cr | ₹132 Cr | ₹153 Cr | ₹145 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 −0.50 pp while FIIs added +0.49 pp. The shareholder count shrank 8% to 5,881.
- Promoters
- 60.5%
- FIIs
- 4.1%
- DIIs
- 0.4%
- Public
- 35.0%
Since Jun 2025
- Public −0.50 pp
- FIIs +0.49 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 60.5%, FIIs 4.2%, Public 35.3%.Dec '23: Promoters 60.5%, FIIs 3.6%, Public 36.0%.Mar '24: Promoters 60.5%, FIIs 3.1%, Public 36.4%.Jun '24: Promoters 60.5%, FIIs 3.6%, Public 35.9%.Sep '24: Promoters 60.5%, FIIs 3.6%, Public 35.9%.Dec '24: Promoters 60.5%, FIIs 3.6%, DIIs 0.0%, Public 35.9%.Mar '25: Promoters 60.5%, FIIs 3.6%, DIIs 0.0%, Public 35.9%.Jun '25: Promoters 60.5%, FIIs 3.6%, DIIs 0.4%, Public 35.5%.Sep '25: Promoters 60.5%, FIIs 3.7%, DIIs 0.4%, Public 35.5%.Dec '25: Promoters 60.5%, FIIs 3.7%, DIIs 0.4%, Public 35.5%.Mar '26: Promoters 60.5%, FIIs 4.1%, DIIs 0.4%, Public 35.0%.Jun '26: Promoters 60.5%, FIIs 4.1%, DIIs 0.4%, Public 35.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Aeroflex Neu Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Aeroflex Enterprises Limited | 55.50% | unchanged |
| Sat Invest Private Limited | 4.96% | unchanged |
| Park Continental Private Limited | 4.33% | unchanged |
| Meru Investment Fund Pcc-Cell 1 FPI fund | 3.63% | unchanged |
| L7 Hitech Private Limited | 3.06% | unchanged |
| Da Tradetech Private Limited | 2.09% | unchanged |
| Gamco Limited | 1.83% | unchanged |
| Harsh Jasmin Ajmera | 1.59% | unchanged |
| Space Age Polymers LLP | 1.35% | unchanged |
| Minal Manish Ajmera | 1.16% | unchanged |
| Golden Goenka Commerce Private Limited | 1.06% | unchanged |
| Rahul Gorwara | 1.05% | unchanged |
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.
What the price assumes
- Growth the price implies
- A decline
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Aeroflex Neu Limited
Guides on how to read this kind of business and the numbers that matter.