About
AIA Engineering Limited designs, develops, produces, installs, and services high chromium, wear-resistant parts for grinding equipment used in the cement, mining, and quarry industries in India, the United Arab Emirates, and internationally. The company offers lining systems, DE assemblies, fasteners, and ceramic composite alloys; diaphragms, shell liners, grinding media, mill liners, FLS, pfeiffer, polysius, and loesche; blow bars, hammers, impellers, anvils, feed disks, and frame liners; and wear-resistant components, tube mill lining and air flow regulation systems, and mill parts. It also provides service, such as design and holistic process modelling; installation supervision; wear monitoring, including scanning; circuit diagnostics, air flow regulation system, and ball charge optimization; ball sorting; mill operation, audit, analysis, and tuning; and condition monitoring. It serves mining, cement, quarry, and thermal power generation industries. The company was founded in 1978 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap39,486 Cr
P/E31.10
Div Yield0.38 %
Book Value₹860.00
52w High₹5,180.00
52w Low₹3,002.00
Face Value₹2.00
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 | 890.00 | 991.00 | 979.00 | 960.00 | 833.00 | 861.00 | 908.00 | 814.00 | 904.00 | 986.00 | 1,044.00 | 1,081.00 | 1,033.00 |
| Expenses | 629.00 | 689.00 | 673.00 | 659.00 | 600.00 | 640.00 | 673.00 | 585.00 | 622.00 | 703.00 | 774.00 | 774.00 | 731.00 |
| Operating Profit | 261.00 | 302.00 | 306.00 | 301.00 | 233.00 | 221.00 | 235.00 | 229.00 | 282.00 | 282.00 | 270.00 | 308.00 | 302.00 |
| OPM % | 29.00 | 30.00 | 31.00 | 31.00 | 28.00 | 26.00 | 26.00 | 28.00 | 31.00 | 29.00 | 26.00 | 28.00 | 29.00 |
| Other Income | 105.00 | 137.00 | 266.00 | 100.00 | 113.00 | 241.00 | 66.00 | 89.00 | 80.00 | 215.00 | 85.00 | 67.00 | 61.00 |
| Depreciation | 28.00 | 28.00 | 28.00 | 27.00 | 27.00 | 27.00 | 26.00 | 23.00 | 25.00 | 24.00 | 27.00 | 24.00 | 24.00 |
| Interest | 0.00 | 5.00 | 16.00 | 8.00 | 7.00 | 8.00 | 1.00 | 5.00 | 6.00 | 6.00 | 7.00 | 7.00 | 7.00 |
| Profit before tax | 337.00 | 405.00 | 528.00 | 365.00 | 311.00 | 426.00 | 274.00 | 290.00 | 331.00 | 467.00 | 321.00 | 344.00 | 332.00 |
| Tax % | 25.00 | 18.00 | 18.00 | 24.00 | 25.00 | 18.00 | 25.00 | 25.00 | 25.00 | 18.00 | 25.00 | 25.00 | 25.00 |
| Net Profit | 253.00 | 331.00 | 435.00 | 277.00 | 234.00 | 351.00 | 207.00 | 217.00 | 247.00 | 384.00 | 241.00 | 257.00 | 248.00 |
| EPS in Rs | 27.10 | 35.44 | 46.61 | 29.71 | 25.08 | 37.59 | 22.16 | 23.28 | 26.15 | 40.67 | 25.57 | 27.25 | 26.26 |
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 | 3,763.00 | 3,486.00 | 4,144.00 | 4,045.00 | 3,082.00 | 2,473.00 | 2,577.00 | 2,838.00 | 2,150.00 | 2,066.00 | 1,820.00 | 2,094.00 |
| Expenses | 2,620.00 | 2,518.00 | 2,979.00 | 2,989.00 | 2,504.00 | 1,872.00 | 2,003.00 | 2,265.00 | 1,684.00 | 1,506.00 | 1,303.00 | 1,583.00 |
| Operating Profit | 1,143.00 | 968.00 | 1,165.00 | 1,055.00 | 578.00 | 601.00 | 574.00 | 572.00 | 467.00 | 560.00 | 516.00 | 511.00 |
| OPM % | 30.00 | 28.00 | 28.00 | 26.00 | 19.00 | 24.00 | 22.00 | 20.00 | 22.00 | 27.00 | 28.00 | 24.00 |
| Other Income | 615.00 | 475.00 | 427.00 | 323.00 | 270.00 | 143.00 | 485.00 | 116.00 | 217.00 | 139.00 | 357.00 | 137.00 |
| Interest | 38.00 | 22.00 | 29.00 | 20.00 | 5.00 | 5.00 | 7.00 | 8.00 | 8.00 | 6.00 | 6.00 | 5.00 |
| Depreciation | 110.00 | 101.00 | 98.00 | 91.00 | 90.00 | 91.00 | 96.00 | 78.00 | 64.00 | 71.00 | 64.00 | 68.00 |
| Profit before tax | 1,609.00 | 1,320.00 | 1,465.00 | 1,267.00 | 752.00 | 648.00 | 957.00 | 602.00 | 611.00 | 621.00 | 804.00 | 575.00 |
| Tax % | 21.00 | 23.00 | 23.00 | 24.00 | 22.00 | 25.00 | 13.00 | 31.00 | 23.00 | 33.00 | 23.00 | 28.00 |
| Net Profit | 1,277.00 | 1,022.00 | 1,129.00 | 969.00 | 585.00 | 485.00 | 833.00 | 415.00 | 470.00 | 417.00 | 616.00 | 415.00 |
| EPS in Rs | 136.84 | 109.46 | 119.75 | 102.72 | 61.97 | 51.41 | 88.27 | 43.98 | 49.82 | 44.24 | 65.27 | 43.95 |
| Dividend Payout % | 12.00 | 15.00 | 13.00 | 16.00 | 15.00 | 18.00 | 31.00 | 20.00 | 16.00 | 18.00 | 28.00 | 18.00 |
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 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
| Reserves | 7,824.00 | 6,688.00 | 6,437.00 | 5,454.00 | 4,576.00 | 4,076.00 | 3,593.00 | 3,157.00 | 2,741.00 | 2,403.00 | 2,032.00 | 1,633.00 |
| Borrowings | 10.00 | 491.00 | 461.00 | 502.00 | 6.00 | 189.00 | 122.00 | 127.00 | 118.00 | 140.00 | 170.00 | 90.00 |
| Other Liabilities | 377.00 | 316.00 | 265.00 | 340.00 | 264.00 | 250.00 | 260.00 | 306.00 | 328.00 | 277.00 | 204.00 | 282.00 |
| Total Liabilities | 8,230.00 | 7,513.00 | 7,182.00 | 6,315.00 | 4,865.00 | 4,533.00 | 3,994.00 | 3,609.00 | 3,206.00 | 2,839.00 | 2,425.00 | 2,023.00 |
| Fixed Assets | 1,204.00 | 1,152.00 | 1,086.00 | 980.00 | 766.00 | 789.00 | 865.00 | 822.00 | 651.00 | 650.00 | 652.00 | 530.00 |
| CWIP | 15.00 | 77.00 | 92.00 | 107.00 | 210.00 | 161.00 | 32.00 | 60.00 | 95.00 | 42.00 | 38.00 | 46.00 |
| Investments | 4,133.00 | 3,807.00 | 2,927.00 | 2,208.00 | 1,028.00 | 792.00 | 1,433.00 | 1,094.00 | 1,047.00 | 941.00 | 923.00 | 616.00 |
| Other Assets | 2,878.00 | 2,477.00 | 3,076.00 | 3,020.00 | 2,861.00 | 2,791.00 | 1,664.00 | 1,633.00 | 1,413.00 | 1,206.00 | 812.00 | 830.00 |
| Total Assets | 8,230.00 | 7,513.00 | 7,182.00 | 6,315.00 | 4,865.00 | 4,533.00 | 3,994.00 | 3,609.00 | 3,206.00 | 2,839.00 | 2,425.00 | 2,023.00 |
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 | 537.00 | 857.00 | 766.00 | 647.00 | 31.00 | 430.00 | 492.00 | 147.00 | 240.00 | 49.00 | 336.00 | 325.00 |
| Cash from Investing Activity | 74.00 | -62.00 | -619.00 | -1,110.00 | 192.00 | -320.00 | -43.00 | -161.00 | -64.00 | 15.00 | -212.00 | -196.00 |
| Cash from Financing Activity | -660.00 | -744.00 | -210.00 | 400.00 | -264.00 | 68.00 | -430.00 | 4.00 | -163.00 | -76.00 | -213.00 | -88.00 |
| Net Cash Flow | -49.00 | 50.00 | -64.00 | -63.00 | -40.00 | 178.00 | 18.00 | -10.00 | 13.00 | -12.00 | -89.00 | 41.00 |
| Free Cash Flow | 446.00 | 727.00 | 559.00 | 455.00 | -95.00 | 308.00 | 363.00 | -50.00 | 105.00 | -30.00 | 158.00 | 144.00 |
| CFO/OP % | 71.00 | 115.00 | 93.00 | 89.00 | 33.00 | 103.00 | 111.00 | 57.00 | 85.00 | 38.00 | 98.00 | 101.00 |
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 | 180.00 | 143.00 | 122.00 | 130.00 | 153.00 | 157.00 | 137.00 | 116.00 | 119.00 | 117.00 | 80.00 | 39.00 |
| Inventory Days | 155.00 | 143.00 | 129.00 | 114.00 | 140.00 | 139.00 | 130.00 | 120.00 | 126.00 | 128.00 | 106.00 | 89.00 |
| Days Payable | 33.00 | 33.00 | 23.00 | 38.00 | 34.00 | 49.00 | 34.00 | 40.00 | 43.00 | 50.00 | 49.00 | 44.00 |
| Cash Conversion Cycle | 302.00 | 252.00 | 228.00 | 206.00 | 260.00 | 248.00 | 233.00 | 196.00 | 203.00 | 195.00 | 138.00 | 84.00 |
| Working Capital Days | 247.00 | 169.00 | 159.00 | 131.00 | 218.00 | 179.00 | 177.00 | 158.00 | 146.00 | 140.00 | 96.00 | 67.00 |
| ROCE % | 22.00 | 19.00 | 23.00 | 24.00 | 17.00 | 15.00 | 26.00 | 18.00 | 21.00 | 23.00 | 38.00 | 36.00 |
Corporate Actions
31 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 16.00 | |
| Dividend | 20 Aug 2024 | 20 Aug 2024 | — | 16.00 | |
| Other | 20 Aug 2024 | 20 Aug 2024 | — | — | Buy Back of Shares |
| Other | 20 Aug 2024 | 20 Aug 2024 | — | — | Buy Back |
| Dividend | 12 Sep 2023 | — | — | 16.00 | |
| Dividend | 02 Sep 2022 | — | — | 9.00 | |
| Dividend | 26 Aug 2021 | — | — | 9.00 | |
| Dividend | 17 Mar 2020 | 18 Mar 2020 | — | 27.00 | |
| Dividend | 02 Aug 2019 | — | — | 9.00 | |
| Dividend | 04 Apr 2018 | 05 Apr 2018 | — | 8.00 | |
| Dividend | 04 Aug 2017 | — | — | 4.00 | |
| Dividend | 20 Feb 2017 | 22 Feb 2017 | — | 4.00 | |
| Dividend | 17 Mar 2016 | 18 Mar 2016 | — | 10.00 | NSE/BSE dividend mismatch: BSE/NSE=8.0; BSE/NSE=10.0 |
| Dividend | 17 Mar 2016 | 18 Mar 2016 | — | 8.00 | NSE/BSE dividend mismatch: BSE/NSE=8.0; BSE/NSE=10.0 |
| Dividend | 10 Sep 2015 | — | — | 8.00 | |
| Dividend | 27 Aug 2014 | — | — | 6.00 | |
| Dividend | 01 Aug 2013 | — | — | 4.00 | |
| Dividend | 02 Aug 2012 | — | — | 3.00 | |
| Dividend | 28 Jul 2011 | — | — | 3.00 | |
| Dividend | 29 Jul 2010 | — | — | 1.70 | |
| Dividend | 18 Feb 2010 | 19 Feb 2010 | — | 0.80 | |
| Dividend | 10 Sep 2009 | — | — | 1.90 | |
| Other | 10 Sep 2009 | — | — | — | Div-F Re.0.90+Spl Re.1 |
| Dividend | 28 Nov 2008 | 28 Nov 2008 | — | 0.60 | |
| Dividend | 26 Nov 2008 | 28 Nov 2008 | — | 0.60 | |
| Split | 13 Oct 2008 | 20 Oct 2008 | 10:2 | — | |
| Dividend | 28 Aug 2008 | — | — | 4.00 | NSE/BSE dividend mismatch: NSE=0.8; BSE=4.0 |
| Dividend | 28 Aug 2008 | — | — | 0.80 | NSE/BSE dividend mismatch: NSE=0.8; BSE=4.0 |
| Dividend | 16 Aug 2007 | — | — | 3.50 | NSE/BSE dividend mismatch: NSE=0.7; BSE=3.5 |
| Dividend | 16 Aug 2007 | — | — | 0.70 | NSE/BSE dividend mismatch: NSE=0.7; BSE=3.5 |
| Dividend | 14 Sep 2006 | — | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update29 Jul 2025 from crisil
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Rating update3 May 2024 from crisil
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Rating update28 Mar 2023 from crisil
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Rating update14 Jan 2022 from crisil
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Rating update26 Feb 2021 from crisil
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Rating update19 Feb 2021 from crisil