Aeroflex Industries Limited is an India-based manufacturer of metallic flexible flow solutions made with stainless steel. The Company manufactures and supplies metallic flexible flow solution products catering to global as well as domestic markets. Incorporated in 1993, Aeroflex is part of Sat Industries Limited and is one of the leading Indian manufacturers of metallic flexible flow solutions made with stainless steel used for controlled flow.
Aeroflex Industries Limited (formerly known as Suyog Intermediates Private Limited) was incorporated as a Private Limited Company on October 19, 1993. The name was later changed to `Aeroflex Industries Private Limited` on October 28, 1998. Subsequently, the Company was converted to a Public Company and its name was changed to `Aeroflex Industries Limited`, vide a fresh Certificate of Incorporation dated August 23, 2006, issued by the Registrar of Companies, Mumbai.
The Company is engaged in manufacturing stainless steel flexible hoses with and without braiding, and their assemblies. A wide range of metallic flexible hoses and hose assemblies are manufactured in stainless steel with grades AISI 304, 321, 316, and 316L. Its products include Corrugated Stainless Steel Hose, Double Interlock Flexible Metal Hoses, Composite Hose, Stainless Steel Hose Assemblies, and PTFE Hose, among others.
Aeroflex Industries offers 2,777 product SKUs and is engaged in the manufacturing of metallic flexible flow solutions made with stainless steel, serving diverse industries such as aerospace, semiconductors, robotics and automation, hydrogen, electric mobility, natural gas, steel and metal, petrochemicals and oil refineries, solar, bulk terminal handling, chemicals, food and pharmaceuticals, paper and pulp, as well as heating, ventilation, and air conditioning industries.
The company has recently expanded its product portfolio by commencing commercial production of Metal Bellows with an annual capacity of 120,000 units, significantly expanding its manufacturing capabilities.
• Q4 FY25 Performance: Net Profit of ₹11.23 crore (up 11.96% YoY), Sales of ₹91.69 crore (up 17.90% YoY)
• FY25 Full Year Performance: Net Profit of ₹52.51 crore (up 25.83% YoY), Sales of ₹376.23 crore (up 18.34% YoY)
• Q2 FY25 Performance: Consolidated Net Profit of ₹13.66 crore (up 17.96% YoY), Sales of ₹94.99 crore (up 12.98% YoY)
• Market Capitalization: ₹2,709 Crore (as of June 20, 2025; up 33.2% in 1 year)
• Profit Growth (CAGR): 44.8% over last 5 years
• Debt Status: Almost debt-free
Aeroflex Industries Ltd has a market capitalisation of ₹2,709 crore as on June 20, 2025. The company's market capitalization has shown consistent growth, reflecting strong investor confidence in its business prospects. The company is almost debt-free and has delivered good profit growth of 44.8% CAGR over the last 5 years, demonstrating its financial stability and consistent growth trajectory.
Aeroflex Industries Ltd's net profit jumped 11.96% since the last year's same period to ₹11.23 crore in Q4 FY25. Sales rose 17.90% to ₹91.69 crore in the quarter ended March 2025 as against ₹77.77 crore during the previous quarter ended March 2024.
For the full year, net profit rose 25.83% to ₹52.51 crore in the year ended March 2025 as against ₹41.73 crore during the previous year ended March 2024. Sales rose 18.34% to ₹376.23 crore in the year ended March 2025 as against ₹317.91 crore during the previous year ended March 2024.
Company is a subsidiary of SAT Industries Limited with a holding of 61.23%. The promoter holding stands at 67.0%. The strong promoter holding indicates confidence from the management and controlling shareholders in the company's future prospects.
The company's board has approved the appointment of Kiran C. Kagalkar as the Chief Operating Officer (COO) of the company, effective February 1, 2025. Kiran was the former general manager at Parker Hannifin. This strategic appointment brings valuable industry experience to the company's leadership team.
The Board of Directors of the Company at its meeting held on April 30, 2025, inter alia, recommended a final dividend of ₹0.3 per equity share (i.e., 15%), subject to the approval of the shareholders.
In Q4 FY25, the company demonstrated robust financial performance, with total income rising 16% year-on-year, driven by strategic initiatives and a shift towards high-margin products. While facing challenges from increased tariffs and competition, particularly in the U.S. market, management remains optimistic about growth prospects, especially in Europe and through domestic sales.
The ongoing expansion of the metal bellows project is expected to significantly enhance revenue, despite initial certification delays impacting international sales. Additionally, the company is proactively pursuing acquisitions to mitigate tariff impacts and strengthen its market position.
Aeroflex Industries' strong fundamentals, consistent growth trajectory, and strategic expansion into high-margin products position it well for future growth in the metallic flexible flow solutions market, making it a compelling investment opportunity.
