Aaron Industries

Why is Aaron Industries Ltd falling/rising?

As of 19-Jun, the stock price of Aaron Industries Ltd is declining, currently at 122.37, with a year-to-date drop of 27.40% and a significant annual decrease of 68.69%. Despite a recent weekly increase, the stock continues to underperform compared to the benchmark Sensex and is trading below key moving averages, indicating a bearish trend.

As of 19-Jun, the stock price of Aaron Industries Ltd is falling, currently at 122.37, which reflects a decrease of 1.32 or 1.07%. This decline is evident in the stock's performance over various time frames, particularly the year-to-date (YTD) performance, which shows a significant drop of 27.40%, compared to a smaller decline of 8.10% in the benchmark Sensex. Additionally, over the past year, the stock has decreased by 68.69%, while the Sensex has only fallen by 3.15%. <BR><BR>Despite a recent weekly increase of 2.62%, the stock has underperformed in the longer term, particularly over the last month with a decline of 1.08% against a 1.67% rise in the Sensex. The stock is currently trading below its 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a slight increase in investor participation, with a delivery volume rise of 2.61% on June 18, this has not been sufficient to counteract the overall downward trend in the stock's price. Thus, the combination of poor long-term performance and current trading metrics suggests that Aaron Industries Ltd is experiencing a decline in its stock price.

Which are the latest news on Aaron Industries?

What does Aaron Industries do?

Aaron Industries Ltd is a micro-cap industrial manufacturing company incorporated in 2013, with a market cap of INR 241 Cr and reported net sales of 27 Cr and net profit of 2 Cr for the quarter ending March 2026. Key metrics include a P/E ratio of 35, a dividend yield of 0.52%, and a return on equity of 13.97%.

Overview:<BR>Aaron Industries Ltd is an industrial manufacturing company operating in the micro-cap market segment.<BR><BR>History:<BR>Aaron Industries Limited was incorporated as a Private Limited Company on October 23, 2013, and later converted to a Public Limited Company on January 29, 2018. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 27 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 241 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 35.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.52%<BR>- Debt Equity: 0.51<BR>- Return on Equity: 13.97%<BR>- Price to Book: 4.94<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

How big is Aaron Industries?

As of 10th June, Aaron Industries Ltd has a market capitalization of 241.00 Cr, with recent net sales of 92.01 Cr and a net profit of 6.79 Cr.

As of 10th June, Aaron Industries Ltd has a market capitalization of 241.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Aaron Industries reported Net Sales of 92.01 Cr and a Net Profit of 6.79 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 43.03 Cr and Total Assets valued at 82.82 Cr.

Who are in the management team of Aaron Industries?

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

The management team of Aaron Industries includes the following individuals:<BR><BR>1. **Amar Chinubhai Doshi** - Chairman & Executive Director<BR>2. **Karan Amar Doshi** - Whole-Time Director & Executive Director<BR>3. **Monish Amarbhai Doshi** - Executive Director & Chief Financial Officer<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>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Aaron Industries?

Aaron Industries' peers include Birla Precision, Apex Ecotech, TRF, Taurian MPS, Visaman Global, Revathi Equip, D & H India, Jasch Gauging, and Cosmo Ferrites. In terms of performance, Aaron Industries has a below-average 1-year return of -71.49%, while Visaman Global leads with a 200.00% return.

Peers: The peers of Aaron Industries are Birla Precision, Apex Ecotech, TRF, Taurian MPS, Visaman Global, Revathi Equip, D & H India, Jasch Gauging, and Cosmo Ferrites.<BR><BR>Quality Snapshot: Excellent management risk is observed at Taurian MPS, while Good management risk is found at Apex Ecotech, TRF, Aaron Industries, and Jasch Gauging. Average management risk is noted at Birla Precision and D & H India, while Below Average management risk is seen at Visaman Global and Revathi Equip. Growth is Excellent at Apex Ecotech and Taurian MPS, Good at Aaron Industries and Visaman Global, Below Average at Birla Precision, TRF, Jasch Gauging, and Revathi Equip, and Excellent at D & H India. Capital Structure is Excellent at Apex Ecotech and Jasch Gauging, Good at Birla Precision and TRF, Average at Aaron Industries, and Below Average at Visaman Global, Revathi Equip, and Cosmo Ferrites.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Visaman Global at 200.00%, while the lowest is Aaron Industries at -71.49%. This indicates that Aaron Industries' 1-year return is significantly lower than that of its peers. Additionally, the six-month return is negative for TRF, Taurian MPS, and Aaron Industries.

Are Aaron Industries Ltd latest results good or bad?

Aaron Industries Ltd's latest results are largely negative, with a 15.60% decline in net profit despite a 13.36% revenue increase, and a significant drop in profit margins. The stock has also fallen 61.70% over the past year, indicating ongoing financial challenges.

The latest results for Aaron Industries Ltd indicate a mixed performance, but overall, they lean towards the negative side. In Q4 FY26, the company reported a net profit of ₹2.32 crores, which represents a significant decline of 15.60% year-on-year. This decline in profit is concerning, especially given that revenue grew by 13.36% during the same period, highlighting a disconnect between top-line growth and bottom-line performance.<BR><BR>Additionally, the profit after tax (PAT) margin fell to 8.49%, down from 11.41% a year ago, indicating severe margin compression. The operating profit margin also decreased, reflecting challenges in cost management and operational efficiency.<BR><BR>While the revenue growth of 17.80% quarter-on-quarter is a positive sign, the overall financial health of the company is under scrutiny due to the declining profitability and high tax rates, which averaged around 40.08% in recent quarters. Furthermore, the stock has experienced a drastic decline of 61.70% over the past year, significantly underperforming both the broader market and its sector.<BR><BR>In summary, while there are aspects of growth in revenue, the deterioration in profitability and margins, along with the stock's poor performance, suggest that the latest results are more bad than good for Aaron Industries Ltd.

Should I buy, sell or hold Aaron Industries Ltd?

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.

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.

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%).

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.

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.