Aimtron Electronics Ltd was originally incorporated as a Private Limited Company under the name "Aimtron Electronics Private Limited" on April 19, 2011. It subsequently converted into a Public Limited Company on October 31, 2023, changing its name to "Aimtron Electronics Limited." The company is a leader in PCB Assembly and Electronics System Design and Manufacturing (ESDM) Services in India, driving innovation in industrial and consumer technology sectors.
The company specializes in high-value precision engineering and complex product manufacturing within the ESDM domain. With extensive expertise in embedded design, Aimtron has successfully completed 250 projects for over 500 global customers. They provide comprehensive product and solutions, ranging from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build). Their services cater to domestic and global manufacturers located in India, the United States of America, Hong Kong, the United Kingdom, Spain, and Mexico.
Aimtron Electronics offers a broad spectrum of services:
- Box Build Assembly: Includes system-level and product assembly, packaging, labeling, and testing services.
- Printed Circuit Board Assemblies (PCBA): Encompasses printed circuit board design and analysis, prototyping and layout design, and testing and inspection services.
- Turnkey Solutions: Provides end-to-end services from concept and design, prototyping, pilot production, to mass manufacturing, product reliability testing, validation, approvals, and delivery of tested PCBAs.
- Product Engineering: Offers digital and value-added manufacturing engineering, validation and regulatory compliance, quality engineering, and prototype and bulk manufacturing services.
The company's service portfolio includes surface mount technology, product design, thru-hole PCB assembly, electronics testing, electromechanical assembly, turnkey manufacturing, and custom cables and harnesses. Aimtron has a strong presence in both domestic and international markets, operating manufacturing facilities in Vadodara, Ahmedabad (Gujarat), and Bengaluru (Karnataka), India. Its parent company is based in Chicago, USA, allowing Aimtron to serve clients across diverse sectors such as automotive, medtech, aerospace, industrial, power, gaming, IoT, and robotics.
Aimtron Electronics provides a versatile product portfolio catering to various industries:
- Automotive Products: Climate systems, onboard chargers, EV-chargers, battery control units, and battery management systems.
- Industrial Applications: Monitoring systems, fuel dispenser PCBAs, industrial pump controller units, and HVAC PCBAs.
- Gaming Products: Pinball machine components, casino/slot machine PCBAs, digital cube PCBs, and controller PCBAs.
- Drones & UAVs: Drone PCBAs, fuel dispenser PCBAs, warehouse robotics PCBAs, and UAV PCBAs.
- Medical & Healthcare Equipment: Air quality monitoring systems, wearables, critical equipment PCBAs, dental wearable flex PCBAs, and lab equipment analyzer PCBAs.
- Power Products: SMPS PCBAs, electrical grid PCBAs, relay PCBAs, and general power PCBAs.
The company serves a wide range of industries including industrial, medical and healthcare, automobiles, power, gaming, and drones/unmanned aerial vehicles. Aimtron has also entered into contracts to develop IIoT and AI appliances, with plans to manufacture 0.25 to 2 million IoT devices over the next five years, expecting significant revenue generation from these agreements.
As of the latest available data, Aimtron Electronics boasts a market capitalization of ₹1,616 crore, with reported revenue of ₹158 crore and a profit of ₹25.7 crore. The company is targeting a 75%+ growth in revenue for the fiscal year 2025-26, driven by robust demand, global expansion, and continuous innovation. Based on a projected revenue of ₹280 crore for FY26 with consistent PAT margins, the company is currently valued at a 25x PE ratio.
- Market Capitalization: ₹1,616 crore (as of latest data)
- Revenue (FY24): ₹92.98 crore (10.4% increase YoY)
- Net Profit (FY24): ₹13.60 crore (13.3% increase YoY)
- Operating Revenue (Trailing 12-months): ₹252.16 crore
- Annual Revenue Growth: 73%
- Pre-tax Margin: 20%
- ROE: 16%
- 3-year Average ROE: 29.4%
- Promoter Holding: 71.4%
- P/E Ratio: 51.02
- Price to Book Value: 10.4 times
The 52-week high for Aimtron Electronics Ltd share price stands at ₹729.95, while the 52-week low is ₹358.00. The company's P/E (price-to-earnings) ratio is 51.02, and the stock is currently trading at 10.4 times its book value. The promoter holding in the company is a substantial 71.4%. Aimtron Electronics Ltd got listed on the NSE SME exchange on June 6, 2024, with an IPO price band of ₹161 per share. Its stock symbol is "AIMT."
The management team includes Mukesh Jeram Vasani as Chairman and Priyanka Shah as the Company Secretary. The promoters of Aimtron Electronics Ltd are Mukesh Jeram Vasani, Nirmal M Vasani, and Sharmilaben Lakhanbhai Bambhaniya.
Aimtron Electronics is nearly debt-free and maintains reduced debt levels, indicative of strong financial health and a robust balance sheet that supports stable earnings growth across business cycles. Guided by the philosophy of "Tomorrow Today," Aimtron is dedicated to bringing cutting-edge technology to the world. The company's vision is to enrich society globally through innovative technology.
As of December 2023, the company employs approximately 132 people. A Board Meeting has been announced for July 14, 2025, to consider fund-raising initiatives. Aimtron continues to prioritize expanding its global footprint while solidifying its leadership position in the electronics manufacturing services sector in India.
