Patels Airtemp

Why is Patels Airtemp (India) Ltd falling/rising?

As of 01-Sep, Patels Airtemp (India) Ltd's stock price is rising to Rs 288.30, reflecting a 1.07% increase. Despite this short-term rise, the stock has significant long-term declines, with a 1-year return of -20.51% and decreased investor participation, indicating a broader negative trend.

As of 01-Sep, Patels Airtemp (India) Ltd's stock price is rising, currently at Rs 288.30, reflecting a change of Rs 3.05 or 1.07% increase. This rise comes despite the stock's recent underperformance compared to the sector, as it has underperformed by 1.38% today. The stock reached an intraday high of Rs 295, indicating some positive trading momentum within the day.<BR><BR>However, it is important to note that the stock has experienced significant declines over the longer term, with a 1-year return of -20.51% and a 3-year return of -19.03%. Additionally, the stock's performance over the past month shows a decline of 14.30%, while the year-to-date performance is positive at +16.11%. This suggests that while there is a short-term rise, the overall trend has been negative.<BR><BR>Investor participation has also decreased, with delivery volume falling by 54.2% against the 5-day average, which may indicate waning interest among investors. The stock is trading at a discount compared to its peers' average historical valuations, which could be contributing to its current price rise as some investors may see it as an attractive buying opportunity despite its recent poor performance. Overall, the stock's current rise appears to be a short-term fluctuation amidst a broader context of declining performance.

Who are in the management team of Patels Airtemp?

The management team of Patels Airtemp includes Narayanbhai G Patel (Chairman & Wholetime Director), Sanjivkumar N Patel (Chairman & Managing Director), Apurva V Shah, Shivang P Patel (both Whole-time Directors), and several Independent Directors: Hareshkumar I Shah, Veenaben B Patel, Rajendrakumar C Patel, and Naimeshbhai B. Patel, along with Nikhil M Patel as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

The management team of Patels Airtemp includes the following individuals:<BR><BR>1. **Narayanbhai G Patel** - Chairman & Wholetime Director<BR>2. **Sanjivkumar N Patel** - Chairman & Managing Director<BR>3. **Apurva V Shah** - Whole-time Director<BR>4. **Shivang P Patel** - Whole-time Director<BR>5. **Hareshkumar I Shah** - Independent Director<BR>6. **Veenaben B Patel** - Independent Director<BR>7. **Rajendrakumar C Patel** - Independent Director<BR>8. **Naimeshbhai B. Patel** - Independent Director<BR>9. **Nikhil M Patel** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Patels Airtemp do?

Patels Airtemp (India) Ltd is a micro-cap industrial manufacturing company, incorporated in 1992, with recent quarterly net sales of 16 Cr and a net loss of 1 Cr as of June 2026. Key financial metrics include a market cap of INR 155 Cr, a P/E ratio of 11.00, and a dividend yield of 2.07%.

Overview: <BR>Patels Airtemp (India) Ltd operates in the industrial manufacturing sector and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in June 1992 with the aim of consolidating two of the existing units within the group to streamline its product offerings and reduce internal competition. The latest financial results reported are for the quarter ending June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 16 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -1 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 155 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 2.07% <BR>Debt-Equity: 0.33 <BR>Return on Equity: 4.12% <BR>Price to Book: 0.95 <BR><BR>Contact Details: <BR>Address: 5th Floor Kalpana Complex, Nr Memnagar Fire Station Ahmedabad Gujarat : 380009 <BR>Tel: 91-2764286634/35 <BR>Email: share@patelsairtemp.com <BR>Website: http://www.patelsairtemp.com

Who are the peers of the Patels Airtemp?

Patels Airtemp's peers include Loyal Equipments, KPT Industries, and Rappid Valves, among others. In terms of management risk, Patels Airtemp has an average rating, with a 1-year return of -21.19%, better than KPT Industries but worse than Lippi Systems, which has the highest return at 758.32%.

Peers: The peers of Patels Airtemp are Loyal Equipments, KPT Industries, Karbonsteel Eng., Lippi Systems, Lakshmi Engg., ATV Projects, Shigan Quantum, Rappid Valves, and Energy-Mission.<BR><BR>Quality Snapshot: Excellent management risk is observed at Loyal Equipments, Rappid Valves, and Energy-Mission, while Good management risk is found at KPT Industries, Karbonsteel Eng., and the rest. Average management risk is present at Patels Airtemp, Lakshmi Engg., Shigan Quantum, and ATV Projects, while Below Average management risk is noted at Lippi Systems. In terms of Growth, Excellent growth is seen at Loyal Equipments and Rappid Valves, while Below Average growth is found at KPT Industries, Karbonsteel Eng., Patels Airtemp, Lippi Systems, Lakshmi Engg., ATV Projects, Shigan Quantum, and the rest. Good capital structure is noted at Loyal Equipments, KPT Industries, Karbonsteel Eng., Lakshmi Engg., Rappid Valves, and Energy-Mission, while Average capital structure is present at Patels Airtemp, Shigan Quantum, and ATV Projects, and Below Average capital structure is seen at Lippi Systems.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lippi Systems at 758.32%, while the lowest is KPT Industries at -36.39%. Patels Airtemp's 1-year return is -21.19%, which is better than KPT Industries but worse than Lippi Systems. Additionally, Loyal Equipments, KPT Industries, Karbonsteel Eng., ATV Projects, and Lakshmi Engg. all have negative six-month returns.

How big is Patels Airtemp?

As of 31st August, Patels Airtemp (India) Ltd has a market capitalization of 155.00 Cr, classifying it as a Micro Cap company, with recent Net Sales of 356.52 Cr and a Net Profit of 13.71 Cr.

As of 31st August, Patels Airtemp (India) Ltd has a market capitalization of 155.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Patels Airtemp reported Net Sales of 356.52 Cr and a Net Profit of 13.71 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 142.72 Cr and Total Assets of 370.67 Cr.

Which are the latest news on Patels Airtemp?

Should I buy, sell or hold Patels Airtemp (India) Ltd?

Are Patels Airtemp latest results good or bad?

Patels Airtemp's latest results are concerning, showing a 74.14% decline in net sales and a 79% drop in net profit, marking the lowest quarterly revenue in the company's history. With a Mojo Score of 29 out of 100, the financial performance indicates significant operational distress and raises serious concerns about the company's sustainability.

Patels Airtemp's latest results are concerning and indicate significant operational distress. The company reported a staggering 74.14% year-on-year decline in net sales, dropping to ₹22.04 crores, and a net profit of just ₹0.66 crores, which is down 79% compared to the same quarter last year. This marks the lowest quarterly revenue in the company's history, suggesting severe issues with order book strength or execution capabilities.<BR><BR>Additionally, the operating profit to interest coverage ratio has fallen to a precarious 1.60 times, the lowest on record, raising red flags about the company's ability to service its debt. Alarmingly, non-operating income accounted for over 81% of profit before tax, indicating that the company's profitability is heavily reliant on non-core activities rather than its primary operations.<BR><BR>Overall, the financial performance reflects a deteriorating situation, with a Mojo Score of just 29 out of 100, placing it firmly in the 'Strong Sell' category. Given these factors, the latest results can be characterized as bad, highlighting serious concerns about the company's sustainability and future prospects.

How has been the historical performance of Patels Airtemp?

Patels Airtemp experienced significant growth from March 2023 to March 2024, with net sales rising from 281.48 Cr to 370.76 Cr and profit after tax increasing from 11.17 Cr to 14.76 Cr, despite rising raw material costs. The company's operating profit and earnings per share also improved during this period, reflecting strong overall performance.

Answer:<BR>The historical performance of Patels Airtemp shows significant growth in net sales and profitability over the years, particularly from March 2023 to March 2024.<BR><BR>Breakdown:<BR>Patels Airtemp's net sales increased from 281.48 Cr in March 2023 to 370.76 Cr in March 2024, marking a substantial growth trend. The total operating income followed a similar trajectory, rising to 370.76 Cr in March 2024 from 281.48 Cr in the previous year. Despite rising raw material costs, which reached 258.50 Cr in March 2024, the operating profit (PBDIT) also improved, climbing to 37.13 Cr from 31.50 Cr. Profit before tax increased to 20.21 Cr in March 2024, up from 15.34 Cr in March 2023, while profit after tax rose to 14.76 Cr from 11.17 Cr. The earnings per share (EPS) reflected this positive trend, increasing to 26.98 in March 2024 from 20.42 in March 2023. On the balance sheet, total assets grew to 370.67 Cr in March 2024, compared to 360.41 Cr in March 2023, with total liabilities also increasing to 370.67 Cr. The cash flow from operating activities improved significantly to 11.00 Cr in March 2024 from 4.00 Cr in March 2023, although the net cash outflow was recorded at -6.00 Cr for the same period. Overall, Patels Airtemp demonstrated a robust performance with increasing revenues and profits, despite challenges in cost management.

Is Patels Airtemp overvalued or undervalued?

As of October 8, 2025, Patels Airtemp is considered very attractive and undervalued, with favorable valuation ratios (PE of 13.34, EV/EBITDA of 8.24, Price to Book of 1.28) compared to peers like Rail Vikas and Tube Investments, despite a YTD stock decline of 46.77%.

As of 8 October 2025, the valuation grade for Patels Airtemp has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios supporting this conclusion include a PE ratio of 13.34, an EV to EBITDA ratio of 8.24, and a Price to Book Value of 1.28, all of which suggest a favorable valuation relative to its earnings and assets.<BR><BR>In comparison to its peers, Patels Airtemp stands out with a significantly lower PE ratio than Rail Vikas, which has a PE of 60.63, and Tube Investments, which has a PE of 93.6. This indicates that Patels Airtemp may offer better value for investors looking at earnings potential. Additionally, while the company has faced challenges with stock performance, particularly a YTD decline of 46.77% compared to a 4.65% gain in the Sensex, its strong valuation metrics suggest it may be a compelling investment opportunity moving forward.

Who are the top shareholders of the Patels Airtemp?

The top shareholders of Patels Airtemp are Therm Flow Engineers Pvt Ltd with 24.91%, followed by Rashmika Narendra Patel at 2.4%. Individual investors own 43.67%, and there is one foreign institutional investor with a 0.04% stake.

The top shareholders of Patels Airtemp include Therm Flow Engineers Pvt Ltd, which holds the largest stake at 24.91%. Following that, the highest public shareholder is Rashmika Narendra Patel with a holding of 2.4%. Additionally, individual investors collectively own 43.67% of the company. There are no pledged promoter holdings, and mutual funds do not hold any shares in the company. There is also one foreign institutional investor (FII) with a minor stake of 0.04%.

What is the technical trend for Patels Airtemp?

As of June 2, 2025, Patels Airtemp's technical trend has shifted to a moderately bearish stance, supported by bearish daily moving averages and weekly Bollinger Bands, despite some mixed signals from the MACD and KST indicators.

As of 2 June 2025, the technical trend for Patels Airtemp has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the daily moving averages indicating a bearish trend, along with the weekly Bollinger Bands also showing bearish signals. The MACD on a monthly basis is mildly bearish, while the KST reflects a mildly bullish stance on the weekly but is also mildly bearish monthly. The Dow Theory indicates a mildly bearish trend on the weekly timeframe. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Patels Airtemp.

When is the next results date for Patels Airtemp?

No Upcoming Board Meetings

Has Patels Airtemp declared dividend?

Patels Airtemp (India) Ltd has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of September 12, 2024. While recent total returns show negative performance in the short term, the company has demonstrated strong growth over longer periods.

Patels Airtemp (India) Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3<BR>- Ex-date: 12 Sep 24<BR><BR>Dividend Yield: 0.63%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -30.39%, the dividend return was 0%, resulting in a total return of -30.39%.<BR><BR>Over the past year, the price return was -10.54%, the dividend return was 0.55%, leading to a total return of -9.99%.<BR><BR>In the 2-year period, the price return was 95.9%, the dividend return was 2.35%, culminating in a total return of 98.25%.<BR><BR>For the 3-year period, the price return was 117.97%, the dividend return was 4.41%, which resulted in a total return of 122.38%.<BR><BR>In the last 4 years, the price return was 176.37%, the dividend return was 6.62%, yielding a total return of 182.99%.<BR><BR>Finally, over the past 5 years, the price return was 426.14%, the dividend return was 12.00%, resulting in a total return of 438.14%.<BR><BR>Overall, Patels Airtemp has declared a significant dividend, but the recent total returns indicate a mixed performance, with negative returns in the short term contrasted by strong growth over longer periods.