About
Aartech Solonics Limited operates as a system solution oriented research and development enterprise in the field of specialized and selected energy appliances in India and internationally. The company's product portfolio includes BTS 2000, a fast bus transfer system; control and relay panels, including main and auxiliary relays, annunciation relays, fuses, switches, wiring, terminal blocks; kranking ultracapacitors, built for engine cranking tasks; CLIP fault current limiters; best case; AC and DC UPS; flywheel, a mechanical energy storage device; load checker, a system for cutting off the mains supply if it detects excessive current; solar design and engineering services; and solid waste treatment. The company serves renewable and non-renewable energy, power T&D, heavy engineering, defense and exploration, healthcare, IT & telecom, waste management, non-renewables, and transportation industries. Aartech Solonics Limited was incorporated in 1982 and is based in Bhopal, India.
Key Metrics
as of Sep 2026Market Cap155 Cr
P/E28.90
Div Yield0.26 %
Book Value₹11.00
52w High₹64.80
52w Low₹33.50
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.29 | 10.13 | 7.38 | 11.00 | 4.33 | 10.13 | 9.55 | 9.41 | 6.61 | 10.00 | 7.34 | 9.05 | 6.30 |
| Expenses | 6.90 | 12.71 | 5.07 | 9.43 | 4.39 | 12.71 | 8.63 | 8.41 | 6.90 | 9.47 | 7.91 | 9.00 | 5.91 |
| Operating Profit | 0.39 | -2.58 | 2.31 | 1.57 | -0.06 | -2.58 | 0.92 | 1.00 | -0.29 | 0.53 | -0.57 | 0.05 | 0.39 |
| OPM % | 5.35 | -25.47 | 31.30 | 14.27 | -1.39 | -25.47 | 9.63 | 10.63 | -4.39 | 5.30 | -7.77 | 0.55 | 6.19 |
| Other Income | 1.66 | -0.56 | -0.85 | 0.31 | 1.51 | -0.56 | 0.74 | 1.03 | 2.12 | 0.34 | 1.46 | 0.67 | 0.80 |
| Depreciation | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.11 | 0.09 | 0.08 | 0.08 |
| Interest | 0.21 | 0.14 | 0.15 | 0.16 | 0.21 | 0.14 | 0.15 | 0.13 | 0.13 | 0.15 | 0.14 | 0.13 | 0.14 |
| Profit before tax | 1.74 | -3.38 | 1.21 | 1.62 | 1.14 | -3.38 | 1.41 | 1.80 | 1.61 | 0.61 | 0.66 | 0.51 | 0.97 |
| Tax % | 31.03 | -26.04 | 47.93 | 11.73 | 35.96 | -26.04 | -27.66 | 10.00 | 30.43 | 77.05 | 12.12 | 5.88 | 27.84 |
| Net Profit | 1.20 | -2.50 | 0.63 | 1.43 | 0.73 | -2.50 | 1.80 | 1.62 | 1.12 | 0.14 | 0.58 | 0.48 | 0.70 |
| EPS in Rs | 0.38 | -0.79 | 0.20 | 0.45 | 0.23 | -0.79 | 0.57 | 0.51 | 0.35 | 0.04 | 0.18 | 0.15 | 0.22 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.18 | 35.70 | 32.69 | 21.65 | 16.36 | 10.93 | 10.04 | 14.54 | 11.21 | 12.73 | 9.73 | 9.23 |
| Expenses | 35.18 | 34.82 | 32.29 | 20.68 | 16.06 | 10.44 | 9.78 | 13.36 | 10.22 | 12.70 | 9.47 | 8.14 |
| Operating Profit | 5.00 | 0.88 | 0.40 | 0.97 | 0.30 | 0.49 | 0.26 | 1.18 | 0.99 | 0.03 | 0.26 | 1.09 |
| OPM % | 12.44 | 2.46 | 1.22 | 4.48 | 1.83 | 4.48 | 2.59 | 8.12 | 8.83 | 0.24 | 2.67 | 11.81 |
| Other Income | 1.68 | 1.50 | 3.27 | 1.63 | 1.82 | 0.94 | 0.78 | 1.27 | 0.78 | 0.69 | 0.52 | 0.71 |
| Interest | 0.73 | 0.54 | 0.56 | 0.28 | 0.20 | 0.20 | 0.13 | 0.11 | 0.09 | 0.08 | 0.18 | 0.09 |
| Depreciation | 0.40 | 0.39 | 0.35 | 0.32 | 0.20 | 0.21 | 0.19 | 0.21 | 0.31 | 0.32 | 0.34 | 0.29 |
| Profit before tax | 5.55 | 1.45 | 2.76 | 2.00 | 1.72 | 1.02 | 0.72 | 2.13 | 1.37 | 0.32 | 0.26 | 1.42 |
| Tax % | 36.94 | -41.38 | 47.46 | 31.00 | 18.02 | 17.65 | 18.06 | 20.66 | 13.87 | 9.38 | 11.54 | 20.42 |
| Net Profit | 3.50 | 2.04 | 1.44 | 1.38 | 1.42 | 0.84 | 0.59 | 1.70 | 1.18 | 0.30 | 0.23 | 1.13 |
| EPS in Rs | 1.10 | 0.64 | 0.45 | 0.43 | 0.45 | 0.26 | 0.19 | 0.53 | 0.53 | 0.14 | 0.10 | 0.51 |
| Dividend Payout % | 0.00 | 19.47 | 0.00 | 0.00 | 37.29 | 42.02 | 0.00 | 0.00 | 0.00 | 0.00 | 107.39 | 21.86 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.89 | 15.89 | 10.59 | 10.59 | 10.59 | 7.06 | 7.06 | 7.06 | 4.94 | 4.94 | 4.94 | 4.94 |
| Reserves | 19.64 | 16.54 | 20.60 | 19.70 | 18.38 | 20.84 | 20.00 | 19.76 | 12.97 | 11.83 | 11.53 | 11.59 |
| Borrowings | 5.62 | 5.64 | 4.20 | 2.78 | 0.65 | 0.88 | 1.74 | 0.00 | 0.00 | 0.50 | 0.00 | 0.00 |
| Other Liabilities | 9.61 | 5.50 | 7.25 | 5.55 | 5.28 | 2.34 | 2.44 | 1.70 | 1.47 | 2.19 | 2.26 | 2.69 |
| Total Liabilities | 50.76 | 43.57 | 42.64 | 38.62 | 34.90 | 31.12 | 31.24 | 28.52 | 19.38 | 19.46 | 18.73 | 19.22 |
| Fixed Assets | 3.48 | 4.03 | 3.95 | 3.67 | 3.74 | 3.51 | 3.60 | 3.42 | 3.36 | 2.47 | 2.62 | 2.79 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.65 | 12.35 | 13.70 | 13.91 | 12.59 | 10.69 | 9.07 | 6.43 | 3.13 | 5.80 | 3.08 | 2.74 |
| Other Assets | 37.63 | 27.19 | 24.99 | 21.04 | 18.57 | 16.92 | 18.57 | 18.67 | 12.89 | 11.19 | 13.03 | 13.69 |
| Total Assets | 50.76 | 43.57 | 42.64 | 38.62 | 34.90 | 31.12 | 31.24 | 28.52 | 19.38 | 19.46 | 18.73 | 19.22 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -2.81 | -1.92 | 2.63 | -6.79 | 0.95 | -1.70 | 1.52 | 0.94 | 0.18 | 1.99 | 0.16 | -1.00 |
| Cash from Investing Activity | 5.31 | 1.13 | -2.26 | 5.64 | -0.54 | 1.93 | -4.91 | -5.82 | -0.53 | -2.14 | 0.84 | -0.12 |
| Cash from Financing Activity | -0.90 | 0.23 | 0.57 | 1.26 | -0.35 | 0.00 | 0.00 | 7.21 | 0.00 | 0.20 | -0.30 | -0.29 |
| Net Cash Flow | 1.60 | -0.55 | 0.94 | 0.10 | 0.05 | 0.23 | -3.39 | 2.32 | -0.35 | 0.06 | 0.71 | -1.40 |
| Free Cash Flow | -3.18 | -2.32 | 1.99 | -7.31 | 0.74 | -1.81 | 1.20 | 0.70 | 0.26 | 1.73 | 0.00 | -1.14 |
| CFO/OP % | -48.00 | -194.00 | 695.00 | -640.00 | 380.00 | -335.00 | 642.00 | 109.00 | 31.00 | 6,700.00 | 192.00 | -92.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 148.16 | 59.71 | 105.29 | 178.71 | 157.96 | 212.05 | 165.05 | 126.27 | 112.33 | 90.89 | 192.82 | 237.27 |
| Inventory Days | 149.82 | 198.40 | 114.71 | 123.32 | 84.05 | 128.41 | 190.23 | 97.28 | 237.43 | 170.39 | 155.74 | 183.41 |
| Days Payable | 104.51 | 85.76 | 93.52 | 127.45 | 143.05 | 94.25 | 118.31 | 38.01 | 29.30 | 66.81 | 85.76 | 123.48 |
| Cash Conversion Cycle | 193.47 | 172.35 | 126.48 | 174.58 | 98.95 | 246.21 | 236.97 | 185.54 | 320.47 | 194.47 | 262.80 | 297.20 |
| Working Capital Days | 200.67 | 63.80 | 71.01 | 172.81 | 118.02 | 214.39 | 167.23 | 161.92 | 204.15 | 165.44 | 283.60 | 304.50 |
| ROCE % | 15.86 | 4.57 | 5.35 | 7.05 | 2.02 | 2.88 | 2.19 | 8.54 | 7.16 | 2.07 | 2.42 | 9.30 |
Corporate Actions
11 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Sep 2025 | 23 Sep 2025 | — | 0.13 | |
| Dividend | 23 Sep 2025 | 23 Sep 2025 | — | 0.13 | |
| Dividend | 23 Sep 2024 | — | — | 0.25 | |
| Split | 09 Aug 2024 | 09 Aug 2024 | 10:5 | — | |
| Bonus | 09 Aug 2024 | 09 Aug 2024 | 1:2 | — | |
| Dividend | 22 Sep 2023 | 22 Sep 2023 | — | 0.50 | |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 01 Sep 2022 | 01 Sep 2022 | — | 0.50 | |
| Bonus | 17 Nov 2021 | 19 Nov 2021 | 1:2 | — | |
| Dividend | 20 Sep 2021 | 21 Sep 2021 | — | 0.50 | |
| Dividend | 15 Sep 2020 | 16 Sep 2020 | — | 0.50 |