New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₹1.31b market cap, or US$13.8m). 공고 • May 21
Aesthetik Engineers Limited to Report Second Half, 2026 Results on May 23, 2026 Aesthetik Engineers Limited announced that they will report second half, 2026 results on May 23, 2026 Board Change • May 20
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. MD & Chairman Avinash Agarwal is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 25
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. MD & Chairman Avinash Agarwal is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹102, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 26x in the Building industry in India. Total returns to shareholders of 68% over the past year. Board Change • Feb 05
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. MD & Chairman Avinash Agarwal is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공고 • Nov 13
Aesthetik Engineers Limited to Report First Half, 2026 Results on Nov 14, 2025 Aesthetik Engineers Limited announced that they will report first half, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹125, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 30x in the Building industry in India. Total returns to shareholders of 81% over the past year. 공고 • Sep 01
Aesthetik Engineers Limited, Annual General Meeting, Sep 25, 2025 Aesthetik Engineers Limited, Annual General Meeting, Sep 25, 2025, at 11:00 Indian Standard Time. New Risk • Aug 02
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2024 fiscal period end). Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.03b market cap, or US$23.3m). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹84.95, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 27x in the Building industry in India. New Risk • May 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.9% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (₹1.39b market cap, or US$16.4m). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹80.45, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 28x in the Building industry in India. New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹1.75b market cap, or US$20.5m). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹87.05, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 25x in the Building industry in India. New Risk • Feb 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (₹1.18b market cap, or US$13.6m). Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹70.30, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 29x in the Building industry in India. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹88.15, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 31x in the Building industry in India. 공고 • Sep 17
Aesthetik Engineers Limited (NSEI:AESTHETIK) agreed to acquire 50% stake in Uday Glass Works for INR 40 million. Aesthetik Engineers Limited (NSEI:AESTHETIK) agreed to acquire 50% stake in Uday Glass Works for INR 40 million on September 16, 2024. A cash consideration of INR 40 million will be paid by Aesthetik Engineers Limited. As part of consideration, INR 40 million is paid towards common equity of Uday Glass Works.
For the period ending March 31, 2024, Uday Glass Works reported total revenue of INR 103.8 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is September 17, 2024 to September 30, 2024. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹75.90, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 31x in the Building industry in India. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹89.50, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 31x in the Building industry in India. Board Change • Aug 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). MD & Chairman Avinash Agarwal is the most experienced director on the board, commencing their role in 2008. Independent Director P. Ram was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.