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 17-Mar, Patels Airtemp (India) Ltd's stock price is Rs 221.75, down -0.83%, and has underperformed significantly over various time frames, including a -55.20% drop over the past year. Despite the decline, investor interest has increased, as indicated by a 185.56% rise in delivery volume, suggesting potential for future recovery.

As of 17-Mar, Patels Airtemp (India) Ltd is experiencing a decline in its stock price, currently at Rs 221.75, which reflects a change of -1.85 (-0.83%). The stock has been underperforming, having lost -5.54% over the last three days, and it has consistently fallen for three consecutive days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of performance relative to the market, the stock has underperformed its sector by -1.19% today. Over the past week, it has decreased by -3.92%, while the benchmark Sensex has only fallen by -2.73%. The stock's year-to-date performance shows a decline of -10.69%, which is slightly better than the Sensex's -10.74%. However, the one-year performance is significantly worse, with a drop of -55.20% compared to the Sensex's gain of +2.56%.<BR><BR>Despite the falling price, there has been a notable increase in investor participation, with delivery volume rising by 185.56% against the 5-day average. This suggests that while the stock price is declining, there is increased interest from investors, which could indicate potential for future recovery. However, the current trend remains negative, as evidenced by the stock's recent performance metrics.

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

As of 18-Mar, Patels Airtemp (India) Ltd's stock price is rising to 222.95, indicating a potential shift in market sentiment after a decline. However, it continues to underperform its sector and shows decreased investor participation, suggesting ongoing challenges.

As of 18-Mar, Patels Airtemp (India) Ltd's stock price is rising, currently at 222.95, reflecting a change of 1.2 (0.54%) upwards. This rise follows a trend reversal after three consecutive days of decline, indicating a potential shift in market sentiment. The stock opened with a gain of 3.2% today and reached an intraday high of Rs 228.9, which is a positive sign for investors. However, despite today's performance, the stock has underperformed its sector by 1.02% and is trading below its moving averages across various time frames, suggesting ongoing challenges. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 20.7% compared to the five-day average. Overall, while the stock is experiencing a short-term rise, it is essential to consider the broader context of its recent underperformance and declining investor interest.

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

As of 19-Mar, Patels Airtemp (India) Ltd's stock price is Rs 215.75, down 3.77%, with a year-to-date decline of 13.11%. The stock is underperforming against its sector and key moving averages, indicating a bearish trend amid declining investor participation.

As of 19-Mar, Patels Airtemp (India) Ltd is experiencing a decline in its stock price, currently at Rs 215.75, which reflects a decrease of Rs 8.45 or 3.77%. This downward movement is evident in several performance metrics. Over the past week, the stock has underperformed significantly, with a decline of 8.09%, compared to a 2.40% drop in the benchmark Sensex. Additionally, the stock has shown a year-to-date decline of 13.11%, while the Sensex has decreased by 12.92%.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 1.33%. It reached an intraday low of Rs 215.2, marking a 4.01% decrease. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The falling investor participation is also notable, with a delivery volume of 5.23 thousand shares on March 18, which is down by 7.76% compared to the 5-day average delivery volume. <BR><BR>Overall, these factors contribute to the stock's decline, reflecting a challenging environment for Patels Airtemp (India) Ltd amidst broader market conditions.

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

As of 20-Mar, Patels Airtemp (India) Ltd's stock price is rising to 225.85, up 3.1% today. However, it has declined 9.04% year-to-date and 56.74% over the past year, indicating a longer-term downward trend despite today's gains.

As of 20-Mar, Patels Airtemp (India) Ltd's stock price is rising, currently at 225.85, reflecting an increase of 6.8 or 3.1%. This upward movement is notable as the stock opened with a gain of 4.54% today and reached an intraday high of Rs 229. Additionally, the stock has outperformed its sector by 4.19% today. <BR><BR>Despite this positive performance today, it is important to note that the stock has experienced a decline of 9.04% year-to-date and a significant drop of 56.74% over the past year. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Furthermore, there has been a decrease in investor participation, with delivery volume falling by 26.23% against the 5-day average.<BR><BR>Overall, while the stock is experiencing a rise in price today, it is essential to consider the broader context of its recent performance and declining investor interest.

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

As of 23-Mar, Patels Airtemp (India) Ltd's stock price is at 209.15, down 5.58%, and has significantly underperformed the Sensex over various time frames, including a year-to-date decline of 15.77% compared to the Sensex's 14.70%. The stock's ongoing struggles are evident with a one-year drop of 60.24% and declining investor interest.

As of 23-Mar, Patels Airtemp (India) Ltd's stock price is falling, currently at 209.15, which represents a decrease of 12.35 or 5.58%. The stock has underperformed compared to the benchmark Sensex, which has declined by 3.72% over the past week, while Patels Airtemp has dropped by 6.46%. Over the past month, the stock has also seen a decline of 6.88%, contrasting with a larger drop of 12.72% in the Sensex.<BR><BR>Year-to-date, the stock is down 15.77%, slightly worse than the Sensex's decline of 14.70%. The one-year performance shows a significant drop of 60.24% for Patels Airtemp, while the Sensex has only decreased by 5.47%. This stark difference highlights the stock's ongoing struggles.<BR><BR>Today's trading session has been particularly volatile, with the stock opening up 2.48% but then hitting a low of 202.85, which is 8.42% lower than its opening price. The stock is now close to its 52-week low, just 4.28% away from 200.2. Additionally, the stock has been trading below its moving averages across various time frames, indicating a bearish trend. <BR><BR>Investor participation appears to be declining, with a 30% drop in delivery volume compared to the 5-day average, suggesting reduced interest in the stock. Overall, these factors contribute to the stock's current downward trajectory.

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

As of 24-Mar, Patels Airtemp (India) Ltd's stock price is rising to 211.55, up 1.15%, but it has underperformed its sector and is below key moving averages, indicating a longer-term downward trend. Despite today's gains and increased investor interest, the stock has seen significant declines over the past year.

As of 24-Mar, Patels Airtemp (India) Ltd is experiencing a rise in its stock price, currently at 211.55, which reflects an increase of 2.4 or 1.15%. This upward movement is notable as the stock opened with a gain of 4.64% today and reached an intraday high of Rs 220.05, marking a rise of 5.21%. <BR><BR>Despite this positive performance today, the stock has underperformed its sector by 0.66%. Additionally, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. However, there has been a significant increase in investor participation, with delivery volume rising by 273.48% compared to the 5-day average, suggesting heightened interest from investors.<BR><BR>Overall, while the stock is currently rising, it is important to note that it has faced substantial declines over longer periods, including a year-to-date drop of 14.80% and a staggering 60.21% decline over the past year. This context of previous underperformance may influence investor sentiment despite the recent uptick in price.

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

As of 25-Mar, Patels Airtemp (India) Ltd's stock price has risen to 211.60, reflecting short-term gains despite a significant long-term decline of 58.98% over the past year and negative financial results in recent quarters. The stock is currently trading below all moving averages, indicating a bearish trend.

As of 25-Mar, Patels Airtemp (India) Ltd is experiencing a rise in its stock price, currently at 211.60, with a change of 1.75 (0.83%) upward. This increase can be attributed to several factors observed in today's trading activity. The stock opened with a significant gain of 2.84% and reached an intraday high of Rs 219.9, reflecting a rise of 4.79%. Additionally, the stock has been gaining for the last two days, accumulating a total return of 1.17% during this period.<BR><BR>Despite these short-term gains, it is important to note that the stock has underperformed its sector by 1.71% today and has shown a negative performance over longer periods, including a decline of 58.98% over the past year. The stock is currently trading below all its moving averages, indicating a longer-term bearish trend. Furthermore, while the stock has seen a rise in investor participation, with delivery volume increasing by 38.76% against the 5-day average, the overall financial health of the company remains concerning, as it has reported negative results for the last three consecutive quarters.<BR><BR>In summary, while Patels Airtemp (India) Ltd is experiencing a short-term rise in stock price, the broader context of its long-term performance and financial results suggests underlying weaknesses that could impact future price movements.