Price Target Changed • Feb 02
Price target increased by 7.7% to ₹3,952 Up from ₹3,669, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹4,010. Stock is up 9.9% over the past year. The company is forecast to post earnings per share of ₹126 for next year compared to ₹113 last year. Reported Earnings • Jan 31
Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2026 results: EPS: ₹31.54 (up from ₹27.78 in 3Q 2025). Revenue: ₹10.7b (flat on 3Q 2025). Net income: ₹2.94b (up 14% from 3Q 2025). Profit margin: 28% (up from 24% in 3Q 2025). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) exceeded analyst estimates by 8.6%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jan 19
AIA Engineering Limited to Report Q3, 2026 Results on Jan 30, 2026 AIA Engineering Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Price Target Changed • Nov 20
Price target increased by 7.1% to ₹3,702 Up from ₹3,456, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹3,839. Stock is up 13% over the past year. The company is forecast to post earnings per share of ₹122 for next year compared to ₹113 last year. Price Target Changed • Nov 12
Price target increased by 7.1% to ₹3,703 Up from ₹3,456, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ₹3,603. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹113 last year. Reported Earnings • Nov 08
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: EPS: ₹29.73 (up from ₹27.29 in 2Q 2025). Revenue: ₹11.5b (up 9.8% from 2Q 2025). Net income: ₹2.77b (up 8.1% from 2Q 2025). Profit margin: 24% (in line with 2Q 2025). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Ankündigung • Sep 16
AIA Engineering Limited Appoints Udayan Dileep Choksi as an Independent Director AIA Engineering Limited announced at its AGM held on 15th September, 2025 appointment of Mr. Udayan Dileep Choksi as an Independent Director for a first term of five years. Upcoming Dividend • Aug 28
Upcoming dividend of ₹16.00 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 14 October 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.9%). Reported Earnings • Aug 14
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: ₹32.69 (up from ₹27.52 in 1Q 2025). Revenue: ₹10.4b (up 1.9% from 1Q 2025). Net income: ₹3.05b (up 18% from 1Q 2025). Profit margin: 29% (up from 26% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. Ankündigung • Aug 04
AIA Engineering Limited to Report Q1, 2026 Results on Aug 13, 2025 AIA Engineering Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 24
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: ₹113 (down from ₹120 in FY 2024). Revenue: ₹46.2b (down 4.8% from FY 2024). Net income: ₹10.6b (down 6.6% from FY 2024). Profit margin: 23% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Ankündigung • May 24
AIA Engineering Limited announces Annual dividend, payable on October 14, 2025 AIA Engineering Limited announced Annual dividend of INR 16.0000 per share payable on October 14, 2025, ex-date on September 04, 2025 and record date on September 05, 2025. Ankündigung • May 23
AIA Engineering Limited, Annual General Meeting, Sep 15, 2025 AIA Engineering Limited, Annual General Meeting, Sep 15, 2025, at 11:00 Indian Standard Time. Board Change • May 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Piyush Shah was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 03
AIA Engineering Limited to Report Q4, 2025 Results on May 23, 2025 AIA Engineering Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 23, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: ₹27.78 (down from ₹29.64 in 3Q 2024). Revenue: ₹11.3b (down 3.0% from 3Q 2024). Net income: ₹2.59b (down 7.3% from 3Q 2024). Profit margin: 23% (in line with 3Q 2024). Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jan 29
AIA Engineering Limited to Report Q3, 2025 Results on Feb 07, 2025 AIA Engineering Limited announced that they will report Q3, 2025 results on Feb 07, 2025 Ankündigung • Jan 03
Kaveri Yarns And Fabrics Limited acquired 23% stake in Green Shift Private Limited from AIA Engineering Limited (NSEI:AIAENG) for INR 1.2 million. Kaveri Yarns And Fabrics Limited acquired 23% stake in Green Shift Private Limited from AIA Engineering Limited (NSEI:AIAENG) for INR 1.2 million on January 1, 2025.
Kaveri Yarns And Fabrics Limited completed the acquisition of 23% stake in Green Shift Private Limited from AIA Engineering Limited (NSEI:AIAENG) for INR 1.2 million on January 1, 2025. Ankündigung • Nov 21
AIA Engineering Limited Approves the Appointment of Rajendra Shantilal Shah as Non-Executive, Non-Independent Director AIA Engineering Limited announced that the shareholders approved the appointment of Mr. Rajendra Shantilal Shah (DIN: 00061922) as a Non-Executive, Non-Independent Director of the Company, liable to retire by rotation. Price Target Changed • Nov 04
Price target decreased by 9.8% to ₹4,053 Down from ₹4,491, the current price target is an average from 13 analysts. New target price is 5.2% above last closing price of ₹3,854. Stock is up 6.0% over the past year. The company is forecast to post earnings per share of ₹114 for next year compared to ₹120 last year. Reported Earnings • Oct 31
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹27.29 (down from ₹34.26 in 2Q 2024). Revenue: ₹11.3b (down 12% from 2Q 2024). Net income: ₹2.57b (down 21% from 2Q 2024). Profit margin: 23% (down from 25% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 26% per year. Ankündigung • Oct 21
AIA Engineering Limited to Report Q2, 2025 Results on Oct 30, 2024 AIA Engineering Limited announced that they will report Q2, 2025 results on Oct 30, 2024 Ankündigung • Sep 12
AIA Engineering Limited Announces Cessation of Tenure of Independent Directors AIA Engineering Limited announced that the second consecutive term of office of Mr. Rajendra Shantilal Shah, Mr. Sanjay S. Majmudar and Mr. Dileep C. Choksi as Independent Directors of the Company ended on September 10, 2024. Accordingly, they ceased to be Independent Directors of the Company with effect from September 11, 2024. Reason for change: Completion of second consecutive term of office of Mr. Rajendra Shantilal Shah as an
Independent Director on September 10, 2024. and Completion of second consecutive term of office of Mr. Sanjay S. Majmudar as an Independent Director on September 10, 2024. Completion of second consecutive term of office of Mr. Dileep C. Choksi as an Independent Director on September 10, 2024. Price Target Changed • Aug 13
Price target increased by 13% to ₹4,491 Up from ₹3,979, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₹4,531. Stock is up 25% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹120 last year. Reported Earnings • Aug 13
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: ₹27.52 (down from ₹28.87 in 1Q 2024). Revenue: ₹11.0b (down 11% from 1Q 2024). Net income: ₹2.60b (down 4.7% from 1Q 2024). Profit margin: 24% (up from 22% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 32% per year. Ankündigung • Aug 08
AIA Engineering Limited (NSEI:AIAENG) announces an Equity Buyback for 1,000,000 shares, representing 1.06% for INR 5,000 million. AIA Engineering Limited (NSEI:AIAENG) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.06% of its issued share capital, for INR 5,000 million. The shares will be repurchased at a offer price of INR 5,000 per share. The company has fixed August 20, 2024 as record date for the offer. As of August 2, 2024, the company had 94,320,370 shares issued. Ankündigung • Aug 02
AIA Engineering Limited to Report Q1, 2025 Results on Aug 12, 2024 AIA Engineering Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Recent Insider Transactions • Jun 21
Insider recently sold ₹3.0m worth of stock On the 18th of June, Balkrishna Shah sold around 750 shares on-market at roughly ₹4,058 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months. Price Target Changed • Jun 13
Price target decreased by 7.1% to ₹3,887 Down from ₹4,185, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₹3,820. Stock is up 15% over the past year. The company is forecast to post earnings per share of ₹121 for next year compared to ₹120 last year. Declared Dividend • May 16
Dividend of ₹16.00 announced Dividend of ₹16.00 is the same as last year. Ex-date: 2nd September 2024 Payment date: 10th September 2024 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • May 16
AIA Engineering Limited, Annual General Meeting, Sep 09, 2024 AIA Engineering Limited, Annual General Meeting, Sep 09, 2024, at 11:00 Indian Standard Time. Reported Earnings • May 15
Full year 2024 earnings released: EPS: ₹120 (vs ₹112 in FY 2023) Full year 2024 results: EPS: ₹120 (up from ₹112 in FY 2023). Revenue: ₹51.4b (up 4.6% from FY 2023). Net income: ₹11.4b (up 7.5% from FY 2023). Profit margin: 22% (in line with FY 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 25% per year. Ankündigung • May 15
AIA Engineering Limited Recommends Dividend for the Financial Year 2023-24, Payable on or Before 8 October, 2024 The Board of Directors of AIA Engineering Limited at its meeting held on May 14, 2024, Board has recommended dividend of INR 16 (@ 800%) per Equity Share of face value of INR 2 each fully paid up for the Financial Year 2023-24 subject to the approval of shareholders of the Company. The said Dividend, if declared by the shareholders at the ensuing AGM, shall be paid on or before 8 October, 2024, subject to deduction of tax at source as applicable. Ankündigung • May 05
AIA Engineering Limited to Report Q4, 2024 Results on May 14, 2024 AIA Engineering Limited announced that they will report Q4, 2024 results on May 14, 2024 Recent Insider Transactions • Apr 02
Insider recently sold ₹2.5m worth of stock On the 28th of March, Balkrishna Shah sold around 637 shares on-market at roughly ₹3,900 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹31m more than they bought in the last 12 months. Reported Earnings • Feb 08
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: ₹29.64 (down from ₹37.37 in 3Q 2023). Revenue: ₹11.7b (down 4.7% from 3Q 2023). Net income: ₹2.80b (down 21% from 3Q 2023). Profit margin: 24% (down from 29% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 1.0%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year. Ankündigung • Jan 25
AIA Engineering Limited to Report Q3, 2024 Results on Feb 07, 2024 AIA Engineering Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Ankündigung • Dec 15
AIA Engineering Limited (NSEI:AIAENG) made an offer to acquire remaining 25.15% stake in Welcast Steels Limited (BSE:504988). AIA Engineering Limited (NSEI:AIAENG) made an offer to acquire remaining 25.15% stake in Welcast Steels Limited (BSE:504988) on December 13, 2023. Vivro Financial Services Private Limited acted as financial advisor to AIA Engineering Limited. Reported Earnings • Nov 07
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: ₹34.26 (up from ₹25.95 in 2Q 2023). Revenue: ₹12.9b (down 2.5% from 2Q 2023). Net income: ₹3.23b (up 32% from 2Q 2023). Profit margin: 25% (up from 18% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year. Ankündigung • Oct 26
AIA Engineering Limited to Report First Half, 2024 Results on Nov 06, 2023 AIA Engineering Limited announced that they will report first half, 2024 results on Nov 06, 2023 Recent Insider Transactions • Sep 14
Insider recently sold ₹3.4m worth of stock On the 11th of September, Balkrishna Shah sold around 900 shares on-market at roughly ₹3,785 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹4.1m. Insiders have been net sellers, collectively disposing of ₹42m more than they bought in the last 12 months. Upcoming Dividend • Sep 05
Upcoming dividend of ₹16.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 12 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%). Recent Insider Transactions • Aug 31
Insider recently sold ₹967k worth of stock On the 28th of August, Balkrishna Shah sold around 262 shares on-market at roughly ₹3,690 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹4.1m. Insiders have been net sellers, collectively disposing of ₹40m more than they bought in the last 12 months. New Risk • Aug 13
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹24m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (₹24m sold). Recent Insider Transactions • Aug 11
Insider recently sold ₹1.2m worth of stock On the 7th of August, Balkrishna Shah sold around 350 shares on-market at roughly ₹3,529 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹38m more than they bought in the last 12 months. Price Target Changed • Aug 04
Price target increased by 8.8% to ₹3,718 Up from ₹3,418, the current price target is an average from 14 analysts. New target price is 9.1% above last closing price of ₹3,409. Stock is up 44% over the past year. The company is forecast to post earnings per share of ₹118 for next year compared to ₹112 last year. Reported Earnings • Aug 03
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: ₹28.87 (up from ₹20.19 in 1Q 2023). Revenue: ₹12.4b (up 15% from 1Q 2023). Net income: ₹2.72b (up 43% from 1Q 2023). Profit margin: 22% (up from 18% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 26% per year. Ankündigung • Jul 25
AIA Engineering Limited to Report Q1, 2024 Results on Aug 02, 2023 AIA Engineering Limited announced that they will report Q1, 2024 results on Aug 02, 2023 Price Target Changed • Jun 15
Price target increased by 7.1% to ₹3,373 Up from ₹3,150, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₹3,323. Stock is up 59% over the past year. The company is forecast to post earnings per share of ₹113 for next year compared to ₹112 last year. Recent Insider Transactions • Jun 03
Insider recently sold ₹5.7m worth of stock On the 31st of May, Balkrishna Shah sold around 2k shares on-market at roughly ₹3,017 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹22m more than they bought in the last 12 months. Reported Earnings • May 26
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: ₹112 (up from ₹65.70 in FY 2022). Revenue: ₹51.4b (up 44% from FY 2022). Net income: ₹10.6b (up 70% from FY 2022). Profit margin: 21% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year. Recent Insider Transactions • Mar 28
Insider recently sold ₹852k worth of stock On the 23rd of March, Balkrishna Shah sold around 300 shares on-market at roughly ₹2,840 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.2m. Insiders have been net sellers, collectively disposing of ₹18m more than they bought in the last 12 months. Price Target Changed • Mar 22
Price target increased by 7.6% to ₹3,141 Up from ₹2,919, the current price target is an average from 13 analysts. New target price is 14% above last closing price of ₹2,749. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₹107 for next year compared to ₹65.70 last year. Recent Insider Transactions • Mar 17
Insider recently sold ₹561k worth of stock On the 14th of March, Balkrishna Shah sold around 200 shares on-market at roughly ₹2,806 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.2m. Insiders have been net sellers, collectively disposing of ₹16m more than they bought in the last 12 months. Recent Insider Transactions • Feb 04
Insider recently sold ₹1.2m worth of stock On the 31st of January, Balkrishna Shah sold around 400 shares on-market at roughly ₹2,895 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.8m. Insiders have been net sellers, collectively disposing of ₹17m more than they bought in the last 12 months. Reported Earnings • Jan 29
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: ₹37.37 (up from ₹14.65 in 3Q 2022). Revenue: ₹12.3b (up 45% from 3Q 2022). Net income: ₹3.52b (up 155% from 3Q 2022). Profit margin: 29% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Recent Insider Transactions • Dec 05
Insider recently sold ₹587k worth of stock On the 1st of December, Balkrishna Shah sold around 210 shares on-market at roughly ₹2,795 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.9m. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months. Recent Insider Transactions • Nov 25
Insider recently sold ₹1.8m worth of stock On the 21st of November, Balkrishna Shah sold around 649 shares on-market at roughly ₹2,757 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹1.9m. Insiders have been net sellers, collectively disposing of ₹13m more than they bought in the last 12 months. Price Target Changed • Nov 17
Price target increased to ₹2,881 Up from ₹2,667, the current price target is an average from 12 analysts. New target price is 12% above last closing price of ₹2,575. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₹86.68 for next year compared to ₹65.70 last year. Reported Earnings • Nov 16
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: ₹25.95 (up from ₹14.59 in 2Q 2022). Revenue: ₹13.3b (up 50% from 2Q 2022). Net income: ₹2.45b (up 78% from 2Q 2022). Profit margin: 18% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Non-Executive Independent Director Janaki Shah was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 24
Insider recently sold ₹1.9m worth of stock On the 20th of September, Balkrishna Shah sold around 700 shares on-market at roughly ₹2,680 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹11m more than they bought in the last 12 months. Recent Insider Transactions • Sep 05
Insider recently sold ₹1.6m worth of stock On the 1st of September, Balkrishna Shah sold around 600 shares on-market at roughly ₹2,647 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹10.0m more than they bought in the last 12 months. Upcoming Dividend • Aug 26
Upcoming dividend of ₹9.00 per share Eligible shareholders must have bought the stock before 02 September 2022. Payment date: 11 October 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.7%). Recent Insider Transactions • Aug 25
Insider recently bought ₹789k worth of stock On the 19th of August, Alka Patel bought around 300 shares on-market at roughly ₹2,628 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹6.8m more in shares than they bought in the last 12 months. Price Target Changed • Aug 10
Price target increased to ₹2,451 Up from ₹2,263, the current price target is an average from 12 analysts. New target price is 5.1% below last closing price of ₹2,583. Stock is up 33% over the past year. The company is forecast to post earnings per share of ₹79.95 for next year compared to ₹65.70 last year. Reported Earnings • Aug 10
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: EPS: ₹20.19 (up from ₹15.83 in 1Q 2022). Net income: ₹1.90b (up 28% from 1Q 2022). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Aug 07
AIA Engineering Limited, Annual General Meeting, Sep 12, 2022 AIA Engineering Limited, Annual General Meeting, Sep 12, 2022, at 10:00 Indian Standard Time. Ankündigung • Jul 30
AIA Engineering Limited to Report Q1, 2023 Results on Aug 08, 2022 AIA Engineering Limited announced that they will report Q1, 2023 results on Aug 08, 2022 Price Target Changed • Jun 23
Price target increased to ₹2,217 Up from ₹2,058, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₹2,133. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of ₹72.02 for next year compared to ₹65.70 last year. Recent Insider Transactions • Jun 22
Insider recently sold ₹55k worth of stock On the 17th of June, Balkrishna Shah sold around 26.0 shares on-market at roughly ₹2,100 per share. In the last 3 months, they made an even bigger sale worth ₹4.1m. Insiders have been net sellers, collectively disposing of ₹7.8m more than they bought in the last 12 months. Recent Insider Transactions • Jun 02
Insider recently sold ₹4.1m worth of stock On the 31st of May, Balkrishna Shah sold around 2k shares on-market at roughly ₹2,253 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹7.8m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 21% share price gain to ₹2,278, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 27x in the Machinery industry in India. Total returns to shareholders of 29% over the past three years. Reported Earnings • May 27
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹65.70 (up from ₹60.02 in FY 2021). Revenue: ₹35.7b (up 24% from FY 2021). Net income: ₹6.20b (up 9.5% from FY 2021). Profit margin: 17% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 9.7%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Ankündigung • May 26
AIA Engineering Limited Recommends Dividend AIA Engineering Limited at its Board meeting held on May 25, 2022 recommended Dividend of INR 9.00/- per Equity Shares of INR 2/- each (i.e. 450% dividend). The above dividend, if declared by the Members of the Company at the ensuing Annual General Meeting will be credited/paid within 30 days from the date of the Annual General Meeting. Ankündigung • May 14
AIA Engineering Limited to Report Q4, 2022 Results on May 25, 2022 AIA Engineering Limited announced that they will report Q4, 2022 results on May 25, 2022 Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Non-Executive Independent Director Janaki Shah was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 19
Insider recently sold ₹928k worth of stock On the 15th of February, Balkrishna Shah sold around 510 shares on-market at roughly ₹1,820 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹5.3m more than they bought in the last 12 months. Reported Earnings • Jan 28
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: ₹14.65 (down from ₹16.87 in 3Q 2021). Revenue: ₹8.90b (up 27% from 3Q 2021). Net income: ₹1.38b (down 13% from 3Q 2021). Profit margin: 16% (down from 23% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹14.59 (vs ₹15.26 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹8.85b (up 19% from 2Q 2021). Net income: ₹1.38b (down 4.4% from 2Q 2021). Profit margin: 16% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Recent Insider Transactions • Sep 17
Insider recently sold ₹1.1m worth of stock On the 15th of September, Balkrishna Shah sold around 500 shares on-market at roughly ₹2,148 per share. In the last 3 months, they made an even bigger sale worth ₹1.2m. Insiders have been net sellers, collectively disposing of ₹23m more than they bought in the last 12 months. Upcoming Dividend • Aug 19
Upcoming dividend of ₹9.00 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 02 October 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.7%). Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS ₹15.83 (vs ₹13.71 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹7.40b (up 28% from 1Q 2021). Net income: ₹1.49b (up 16% from 1Q 2021). Profit margin: 20% (down from 22% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 29
Insider recently sold ₹1.2m worth of stock On the 25th of June, Balkrishna Shah sold around 600 shares on-market at roughly ₹2,080 per share. In the last 3 months, they made an even bigger sale worth ₹1.6m. Insiders have been net sellers, collectively disposing of ₹27m more than they bought in the last 12 months. Reported Earnings • May 28
Full year 2021 earnings released: EPS ₹60.02 (vs ₹62.59 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹28.8b (down 3.3% from FY 2020). Net income: ₹5.66b (down 4.1% from FY 2020). Profit margin: 20% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Ankündigung • May 26
AIA Engineering Limited Recommends Dividend AIA Engineering Limited announced that the Board has recommended a Dividend of INR 9.00/- per Equity Shares of INR 2/- each (i.e. 450% Dividend). The above dividend, if declared by the Members of the Company at the upcoming Annual General Meeting will be credited/paid within 30 days from the date of the Annual General Meeting. Recent Insider Transactions • Apr 04
Insider recently sold ₹1.6m worth of stock On the 31st of March, Balkrishna Shah sold around 800 shares on-market at roughly ₹2,017 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹23m more than they bought in the last 12 months. Is New 90 Day High Low • Feb 22
New 90-day low: ₹1,859 The company is down 1.0% from its price of ₹1,869 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹727 per share. Price Target Changed • Feb 17
Price target raised to ₹2,012 Up from ₹1,839, the current price target is an average from 12 analysts. The new target price is close to the current share price of ₹1,927. As of last close, the stock is up 5.5% over the past year. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹16.87 (vs ₹16.55 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₹7.48b (up 7.8% from 3Q 2020). Net income: ₹1.59b (up 1.9% from 3Q 2020). Profit margin: 21% (down from 23% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Analyst Estimate Surprise Post Earnings • Feb 10
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 8.8%, compared to a 24% growth forecast for the Machinery industry in India.