Patels Airtemp

how big is Patels Airtemp?

As of Jun 06, Patels Airtemp (India) Ltd has a market capitalization of 256.99 Cr, with recent net sales of 356.52 Cr and a net profit of 13.71 Cr over the last four quarters. The company's shareholder's funds are 142.72 Cr, and total assets are valued at 370.67 Cr as of the latest annual period ending in Mar'24.

Market Cap: As of Jun 06, Patels Airtemp (India) Ltd has a market capitalization of 256.99 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 356.52 Cr, and the sum of Net Profit is 13.71 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending in Mar'24. The Shareholder's Funds amount to 142.72 Cr, and the Total Assets are valued at 370.67 Cr.

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.

Who are the peers of the Patels Airtemp?

Patels Airtemp's peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, and others, with varying management risks and growth rates. Kaynes Tech leads in 1-year returns at 65.93%, while Patels Airtemp has a return of -10.09%.

Peers: The peers of Patels Airtemp are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Revathi Equip, Jasch Gauging, Chemtech Indust., Active Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jyoti CNC Auto., Honeywell Auto, and Active Infra., while Good management risk is found at Kaynes Tech, Revathi Equip, and Jasch Gauging. Average management risk is present at Patels Airtemp, LMW, Chemtech Indust., and Jupiter Wagons. For Growth, Excellent growth is noted at Kaynes Tech, Jyoti CNC Auto., and Jupiter Wagons, while Below Average growth is seen at Honeywell Auto, LMW, Revathi Equip, Patels Airtemp, Jasch Gauging, and Active Infra. Good capital structure is found at Honeywell Auto, Jyoti CNC Auto., and Revathi Equip, while Average capital structure is observed at Patels Airtemp, Kaynes Tech, and Jupiter Wagons, and Below Average capital structure is noted at Chemtech Indust. <BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the peer with the lowest is Honeywell Auto at -26.32%. Patels Airtemp's 1-year return is -10.09%, which is higher than Honeywell Auto but lower than Kaynes Tech. Additionally, the peers with negative six-month returns include Revathi Equip, Jupiter Wagons, Chemtech Indust., and Patels Airtemp.

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.

Who are in the management team of Patels Airtemp?

As of March 2023, 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 Nikhil M Patel (Company Secretary & Compliance Officer), along with independent directors Hareshkumar I Shah, Veenaben B Patel, Rajendrakumar C Patel, and Naimeshbhai B. Patel. This team oversees the company's strategic direction and governance.

As of March 2023, 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. Nikhil M Patel - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features independent directors:<BR>1. Hareshkumar I Shah - Independent Director<BR>2. Veenaben B Patel - Independent Director<BR>3. Rajendrakumar C Patel - Independent Director<BR>4. Naimeshbhai B. Patel - Independent Director<BR><BR>This team is responsible for the strategic direction and governance 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 1,041 Cr and a net profit of 45 Cr as of March 2025. Key financial metrics include a market cap of INR 261 Cr, a P/E ratio of 19.00, and a dividend yield of 0.63%.

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 range and minimize internal competition. The latest reported financial results are for the quarter ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,041 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 45 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 261 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.63% <BR>Debt-Equity: 0.62 <BR>Return on Equity: 9.61% <BR>Price to Book: 1.82 <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 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%.

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.

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.

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

Which are the latest news on Patels Airtemp?

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

As of 08-Feb, Patels Airtemp (India) Ltd's stock price is declining, currently at Rs 209.60, down 1.39%. The company has experienced significant losses over the past year and poor financial performance, leading to negative market sentiment and a bearish trend.

As of 08-Feb, Patels Airtemp (India) Ltd is experiencing a decline in its stock price, currently at Rs 209.60, down by Rs 2.95 or 1.39%. This downward trend is reflected in several key performance metrics. Over the past week, the stock has decreased by 1.57%, while the benchmark Sensex has increased by 1.59%. In the last month, the stock has fallen significantly by 12.36%, compared to a slight decline of 1.74% in the Sensex.<BR><BR>The stock's performance over the past year has been particularly poor, with a staggering decline of 65.79%, while the Sensex has gained 7.07%. This long-term underperformance is compounded by a recent trend of consecutive losses, with the stock falling for three consecutive days and recording a total decline of 3.48% during this period. Additionally, the stock has touched an intraday low of Rs 203.4, indicating a significant drop of 4.3% at one point during the trading day.<BR><BR>Investor participation appears to be waning, as evidenced by a decrease in delivery volume, which fell by 2.37% against the five-day average. The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend.<BR><BR>Financially, the company has reported a decline in net sales and operating profit, with net sales dropping by 46.46% and profit after tax (PAT) decreasing by 57.86% in the latest six months. This poor financial performance, coupled with a fall in operating profit of 43.35%, has led to negative market sentiment towards the stock.<BR><BR>Overall, the combination of poor short-term and long-term growth prospects, significant declines in financial metrics, and underperformance relative to the market are contributing to the falling stock price of Patels Airtemp (India) Ltd.