Aaron Industries

Who are in the management team of Aaron Industries?

As of March 2023, the management team of Aaron Industries includes Amar Chinubhai Doshi (Chairman & Executive Director), Karan Amar Doshi (WTD & Executive Director), Monish Amarbhai Doshi (Executive Director & CFO), and three Independent Non-Executive Directors: Pradeepkumar Sanmukhlal Choksi, Hetal R Mehta, and Shrungi Kiranbhai.

As of March 2023, the management team of Aaron Industries includes:<BR><BR>1. Amar Chinubhai Doshi - Chairman & Executive Director<BR>2. Karan Amar Doshi - WTD & Executive Director<BR>3. Monish Amarbhai Doshi - Executive Director & CFO<BR>4. Pradeepkumar Sanmukhlal Choksi - Independent Non-Executive Director<BR>5. Hetal R Mehta - Independent Non-Executive Director<BR>6. Shrungi Kiranbhai - Independent Non-Executive Director<BR><BR>The team comprises a mix of executive and independent directors, with Amar Chinubhai Doshi serving as the Chairman.

What does Aaron Industries do?

Aaron Industries Ltd is a micro-cap industrial manufacturing company, incorporated in 2013 and publicly listed since 2018, with recent quarterly net sales of 24 Cr and net profit of 3 Cr as of March 2025. Key financial metrics include a market cap of Rs 412 Cr, P/E ratio of 50, and a return on equity of 19.15%.

Overview:<BR>Aaron Industries Ltd is engaged in industrial manufacturing and operates within the micro-cap market segment.<BR><BR>History:<BR>The company was incorporated in 2013 as "Aaron Industries Private Limited" and transitioned to a public limited company, adopting the name Aaron Industries Limited on January 29, 2018. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 24 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 412 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 50.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.25%<BR>- Debt Equity: 0.68<BR>- Return on Equity: 19.15%<BR>- Price to Book: 9.66<BR><BR>Contact Details:<BR>Address: B-65 & 66, Jawahar Road No. 4, Udhayog Nagar, Udhana, Surat Gujarat : 394210<BR>Registrar Address: Bigshare Services Pvt Ltd, E-2, Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai

When is the next results date for Aaron Industries?

No Upcoming Board Meetings

What is the bonus history of the Aaron Industries?

Aaron Industries has issued bonuses twice in recent years: a 10:11 bonus on September 3, 2020, and a 1:10 bonus on August 29, 2019, demonstrating its commitment to distributing shares to shareholders.

Aaron Industries has a history of bonus issues that includes two notable instances. <BR><BR>The most recent bonus was a 10:11 bonus issue, which was announced with an ex-date of September 3, 2020, and a record date of September 4, 2020. Prior to that, on August 31, 2019, the company issued a bonus in a 1:10 ratio, with an ex-date of August 29, 2019. <BR><BR>This indicates that Aaron Industries has actively engaged in bonus share distributions to its shareholders in the past few years.

Has Aaron Industries declared dividend?

Yes, Aaron Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 17, 2024. The dividend yield is 0.25%, and the company has shown substantial price returns over various periods, indicating strong growth despite a relatively low dividend yield.

Aaron Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.25%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 21.2%, with a dividend return of 0%, resulting in a total return of 21.2%.<BR><BR>Over the past year, the price return reached 52.82%, with a dividend return of 0.38%, leading to a total return of 53.2%.<BR><BR>In the 2-year period, the price return was 74.47%, and the dividend return was 0.91%, culminating in a total return of 75.38%.<BR><BR>For the 3-year period, the price return soared to 240.71%, with a dividend return of 2.50%, resulting in a total return of 243.21%.<BR><BR>In the 4-year period, the price return was 366.35%, with a dividend return of 3.39%, leading to a total return of 369.74%.<BR><BR>Over the last 5 years, the price return was an impressive 3508.27%, with no dividend return, resulting in a total return of 3508.27%.<BR><BR>Overall, Aaron Industries has declared a dividend, which contributes to its total returns, particularly notable over the longer periods. The significant price returns indicate strong growth, although the dividend yield remains relatively low.

Is Aaron Industries overvalued or undervalued?

As of November 3, 2023, Aaron Industries is considered very expensive and overvalued with a PE ratio of 50.61 and other high valuation metrics, suggesting that its stock price may not be sustainable despite strong recent performance.

As of 3 November 2023, the valuation grade for Aaron Industries has moved from risky to very expensive. The company is currently overvalued, indicated by a PE ratio of 50.61, a Price to Book Value of 9.69, and an EV to EBITDA ratio of 30.16. These ratios suggest that the stock is priced significantly higher than its earnings and book value, raising concerns about sustainability.<BR><BR>In comparison to its peers, Aaron Industries' valuation metrics are notably higher; for instance, its PE ratio of 50.61 contrasts sharply with industry averages, indicating a premium that may not be justified. Additionally, the PEG ratio of 1.69 suggests that the growth expectations are already priced in, leaving little room for further appreciation. Despite recent strong stock performance, including a 51.83% return over the past year compared to the Sensex's 7.84%, the current valuation appears excessive given the financial ratios and peer comparisons.

Who are the peers of the Aaron Industries?

Aaron Industries' peers include TRF, Mahindra EPC, Rudrabhish. Ent., Kalyani Cast-Tec, GTV Engineering, Innovators, Loyal Equipments, Taylormade Renew, and Cosmo Ferrites. Aaron Industries leads in growth and returns, with a 1-year return of 41.91%, while Rudrabhish. Ent. has the lowest return at -5.49%.

Peers: The peers of Aaron Industries are TRF, Mahindra EPC, Rudrabhish. Ent., Kalyani Cast-Tec, GTV Engineering, Innovators, Loyal Equipments, Taylormade Renew, and Cosmo Ferrites.<BR><BR>Quality Snapshot: Excellent management risk is observed at TRF, Aaron Industries, Kalyani Cast-Tec, and Loyal Equipments, while Average management risk is found at Mahindra EPC, Rudrabhish. Ent., GTV Engineering, and Innovators. Below Average management risk is noted for Taylormade Renew and Cosmo Ferrites. Growth is Excellent at Aaron Industries and Taylormade Renew, Good at Kalyani Cast-Tec and GTV Engineering, Average at Loyal Equipments, and Below Average at TRF, Mahindra EPC, Rudrabhish. Ent., Innovators, and Cosmo Ferrites. Capital Structure is Excellent at Rudrabhish. Ent. and Kalyani Cast-Tec, Good at TRF, Mahindra EPC, GTV Engineering, and Loyal Equipments, Average at Aaron Industries, and Below Average at Innovators, Taylormade Renew, and Cosmo Ferrites.<BR><BR>Return Snapshot: Aaron Industries has a 1-year return of 41.91%, which is the highest among its peers, while Rudrabhish. Ent. has the lowest at -5.49%. In comparison, Aaron Industries significantly outperforms its peers. Additionally, Rudrabhish. Ent. and Taylormade Renew have negative six-month returns.

Who are the top shareholders of the Aaron Industries?

The top shareholders of Aaron Industries are primarily promoters, with Amar Chinubhai Doshi holding 25.75%. The highest public shareholder is Arham Wealth Management Private Limited at 1.27%, while individual investors own 23.77%, and there are no mutual funds or significant foreign institutional investors involved.

The top shareholders of Aaron Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is Amar Chinubhai Doshi, who owns 25.75% of the company. In addition to the promoters, the highest public shareholder is Arham Wealth Management Private Limited, which holds 1.27%. Individual investors collectively own 23.77% of the shares. Currently, there are no mutual funds holding shares in the company, and only one foreign institutional investor (FII) holds a very small percentage (0.0%).

How big is Aaron Industries?

As of 24th July, Aaron Industries Ltd has a market capitalization of 427.00 Cr, with recent net sales of 77.92 Cr and a net profit of 8.24 Cr. The latest balance sheet shows shareholder's funds of 35.84 Cr and total assets of 74.68 Cr.

As of 24th July, Aaron Industries Ltd has a market capitalization of 427.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Aaron Industries reported Net Sales of 77.92 Cr and a Net Profit of 8.24 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 35.84 Cr and Total Assets of 74.68 Cr.

Is Aaron Industries technically bullish or bearish?

As of August 25, 2025, Aaron Industries shows a mildly bullish trend driven by daily moving averages, but caution is advised due to mixed signals from weekly indicators like the MACD and KST, alongside bearish tendencies from Bollinger Bands and Dow Theory.

As of 25 August 2025, the technical trend for Aaron Industries has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating a mildly bullish trend. However, the weekly MACD and KST are both mildly bearish, which suggests some caution. The weekly RSI remains bullish, providing some support to the mildly bullish outlook, while the Bollinger Bands and Dow Theory indicate bearish tendencies on the weekly timeframe. Overall, the mixed signals suggest a cautious bullish sentiment with potential volatility ahead.

How has been the historical performance of Aaron Industries?

Aaron Industries has experienced consistent growth, with net sales increasing from 21.40 Cr in Mar'20 to 77.93 Cr in Mar'25, and operating profit rising from 3.06 Cr to 15.04 Cr during the same period, reflecting strong revenue and profitability improvements. Total assets grew from 18.85 Cr to 82.82 Cr, indicating robust financial health.

Answer:<BR>The historical performance of Aaron Industries shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Aaron Industries has demonstrated significant growth in net sales, increasing from 21.40 Cr in Mar'20 to 77.93 Cr in Mar'25. The total operating income has mirrored this trend, rising from 21.40 Cr in Mar'20 to 77.93 Cr in Mar'25. The raw material cost has also increased, reflecting the growth in sales, from 14.52 Cr in Mar'20 to 49.86 Cr in Mar'25. Operating profit (PBDIT) has shown a robust increase, climbing from 3.06 Cr in Mar'20 to 15.04 Cr in Mar'25, with the operating profit margin improving from 14.3% to 19.02% over the same period. Profit before tax has risen from 1.96 Cr in Mar'20 to 11.86 Cr in Mar'25, while profit after tax has increased from 1.34 Cr to 8.24 Cr. The company's total assets have grown significantly from 18.85 Cr in Mar'20 to 82.82 Cr in Mar'25, with total liabilities also rising from 18.85 Cr to 31.86 Cr. Cash flow from operating activities has improved from 1.00 Cr in Mar'20 to 5.00 Cr in Mar'24, indicating a positive trend in cash generation. Overall, Aaron Industries has shown a strong upward trajectory in both revenue and profitability metrics over the years.

Are Aaron Industries Ltd latest results good or bad?

Aaron Industries Ltd's Q3 FY26 results are generally positive, with a 45.32% increase in net profit and improved operating margins, but the stock has declined 65.52% from its 52-week high, indicating market skepticism despite strong operational performance. Potential investors should consider both the solid financial metrics and the market challenges.

Aaron Industries Ltd's latest results for Q3 FY26 can be considered good overall, despite some underlying challenges. The company reported a net profit of ₹2.02 crores, which reflects a significant sequential increase of 45.32% compared to the previous quarter. Additionally, revenue grew by 4.32% quarter-on-quarter and an impressive 26.57% year-on-year, indicating strong demand and operational momentum.<BR><BR>The operating margin also improved to 20.86%, up from 18.53% in the previous quarter, showcasing enhanced operational efficiency. Furthermore, the return on equity stands at a solid 20.09%, indicating effective capital management.<BR><BR>However, it's important to note that despite these positive operational metrics, the stock has faced significant market challenges, with a steep decline of 65.52% from its 52-week high. This disconnect between the company's operational performance and its stock price reflects market skepticism, possibly due to concerns about valuation and liquidity, as well as the absence of institutional investors.<BR><BR>In summary, while the financial results indicate strong operational performance, the market's reaction suggests caution, and potential investors should weigh these factors carefully.

Should I buy, sell or hold Aaron Industries Ltd?

Why is Aaron Industries Ltd falling/rising?

As of 01-May, Aaron Industries Ltd's stock price is 138.38, down 0.28%, with a significant annual decline of -60.56%. Despite some positive management efficiency indicators, the stock's high valuation and consistent underperformance against market indices suggest ongoing investor caution.

As of 01-May, Aaron Industries Ltd's stock price is currently at 138.38, reflecting a decrease of 0.39 or 0.28%. The stock has shown a significant decline over the past year, with a return of -60.56%, which indicates a substantial drop in value compared to the previous year. This poor performance is compounded by a negative return of -17.90% year-to-date and a decline of -37.50% over the past three years, suggesting a consistent underperformance relative to broader market indices like the Sensex.<BR><BR>Despite some positive indicators, such as high management efficiency with a return on capital employed (ROCE) of 19.74% and healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive, with a high enterprise value to capital employed ratio of 4.4. Additionally, the stock has underperformed against its peers and the BSE500 index over various time frames, further contributing to investor sentiment that may lead to selling pressure.<BR><BR>Today's performance also indicates that the stock has underperformed its sector by 0.84%, and while there has been an increase in delivery volume, the overall trend remains negative. The combination of flat results in recent quarters, declining profits, and a significant drop in stock value over the past year suggests that investors may be cautious, leading to the current decline in stock price.

Which are the latest news on Aaron Industries?