Recent Price Movement and Market Context
On 25 Nov 2025, Patels Airtemp (India) touched an intraday high of Rs.217.65, representing a 2.26% increase from its previous close. However, the stock ultimately settled at Rs.208.75, its lowest level in the past year. This closing price is notably below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a sustained bearish trend. Over the last two trading sessions, the stock has recorded a cumulative return of -7.13%, underscoring the recent negative momentum.
In contrast, the broader market has shown resilience. The Sensex opened 108.22 points higher and was trading at 85,009.75, up 0.13% on the day. The index remains within 0.93% of its 52-week high of 85,801.70, supported by bullish moving averages where the 50-day moving average is positioned above the 200-day moving average. Mid-cap stocks have led the market gains, with the BSE Mid Cap index rising by 0.16% on the same day.
Long-Term Performance and Valuation Metrics
Patels Airtemp (India) has experienced a significant decline over the past year, with a total return of -67.82%. This contrasts sharply with the Sensex’s 6.08% return during the same period. The stock’s 52-week high was Rs.693.90, highlighting the extent of the price contraction. Over the last five years, the company’s net sales have grown at an annual rate of 4.87%, while operating profit has expanded at a slower pace of 2.99% annually.
Despite the subdued growth, the company’s valuation metrics indicate a relatively attractive position. The return on capital employed (ROCE) stands at 12.5%, and the enterprise value to capital employed ratio is 0.9, suggesting the stock is trading at a discount compared to its peers’ historical averages. However, these valuation factors have not translated into positive price performance in recent months.
Perfect timing to enter! This Small Cap from IT - Software just turned profitable with growth momentum clearly building up. Get in before the broader market notices!
- - New profitability achieved
- - Growth momentum building
- - Under-the-radar entry
Recent Financial Results and Profitability Trends
The company’s operating profit has shown a decline of 43.35% in the most recent quarter, contributing to what has been described as very negative results declared in September 2025. Patels Airtemp (India) has reported negative results for two consecutive quarters, with the quarterly profit after tax (PAT) at Rs.0.66 crore, reflecting a fall of 79.0% compared to previous periods.
Return on capital employed for the half-year period is recorded at 10.44%, which is among the lowest levels observed. Additionally, the operating profit to interest coverage ratio stands at 1.60 times, indicating limited buffer to cover interest expenses from operating earnings. These figures highlight challenges in near-term profitability and financial efficiency.
Comparative Performance and Shareholding Structure
Patels Airtemp (India) has underperformed the BSE500 index over the last three years, one year, and three months, reflecting a consistent lag relative to broader market benchmarks. The stock’s returns and profit trends have not aligned with sectoral or market averages, contributing to its subdued market standing.
The majority of the company’s shares are held by non-institutional investors, which may influence trading patterns and liquidity characteristics. This ownership structure is notable in the context of the stock’s recent price behaviour and valuation.
Holding Patels Airtemp (India) from Industrial Manufacturing? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Sectoral and Market Environment
Operating within the industrial manufacturing sector, Patels Airtemp (India) faces a competitive environment where sectoral performance has been mixed. While the broader market indices have shown positive trends, the stock’s relative weakness suggests company-specific factors are influencing its price trajectory. The sector’s overall performance has not been sufficient to offset the company’s recent financial results and valuation pressures.
Despite the current low price level, the stock’s valuation metrics such as ROCE and enterprise value to capital employed ratio remain points of interest for market participants analysing the industrial manufacturing space. However, the recent downward price movement and financial results have contributed to the stock trading at a discount relative to its historical and peer valuations.
Summary of Key Price and Financial Indicators
Patels Airtemp (India) stock price as of 25 Nov 2025: Rs.208.75 (52-week low)
52-week high: Rs.693.90
One-year return: -67.82%
Operating profit decline (latest quarter): -43.35%
PAT (quarterly): Rs.0.66 crore, down 79.0%
ROCE (half-year): 10.44%
Operating profit to interest coverage (quarterly): 1.60 times
Market cap grade: 4 (indicative of mid-sized market capitalisation)
Majority shareholders: Non-institutional
Patels Airtemp (India) continues to trade below all key moving averages, reflecting a sustained downtrend. The stock’s recent performance contrasts with the broader market’s positive momentum, highlighting company-specific factors impacting investor sentiment and valuation.
Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →
