AIA Engineering Limited

BSE:532683 Stock Report

Market Cap: ₹452.4b

AIA Engineering Valuation

Is 532683 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 532683 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 532683 (₹4892.95) is trading above our estimate of future cash flow value (₹1258.17)

Significantly Below Future Cash Flow Value: 532683 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532683?

Key metric: As 532683 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532683. This is calculated by dividing 532683's market cap by their current earnings.
What is 532683's PE Ratio?
PE Ratio35.9x
Earnings₹12.70b
Market Cap₹452.42b

Price to Earnings Ratio vs Peers

How does 532683's PE Ratio compare to its peers?

The above table shows the PE ratio for 532683 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average65.9x
THERMAX Thermax
75x18.67%₹547.9b
522113 Timken India
68.3x17.83%₹282.6b
KIRLOSENG Kirloskar Oil Engines
63.9x17.54%₹347.4b
506076 Grindwell Norton
56.4x12.39%₹233.6b
532683 AIA Engineering
35.9x4.43%₹452.4b

Price-To-Earnings vs Peers: 532683 is good value based on its Price-To-Earnings Ratio (35.9x) compared to the peer average (65.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 532683's PE Ratio compare vs other companies in the IN Machinery Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
505216 Alfred Herbert (India)
0.5xn/aUS$23.19m
539219 Mauria Udyog
5xn/aUS$12.68m
DIL Debock Industries
3xn/aUS$1.60m
No more companies available in this PE range
532683 35.9xIndustry Avg. 27.8xNo. of Companies30PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532683 is expensive based on its Price-To-Earnings Ratio (35.9x) compared to the Indian Machinery industry average (28x).

Price to Earnings Ratio vs Fair Ratio

What is 532683's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532683 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.9x
Fair PE Ratio27.2x

Price-To-Earnings vs Fair Ratio: 532683 is expensive based on its Price-To-Earnings Ratio (35.9x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 532683 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹4,892.95
₹4,492.54
-8.18%
10.19%₹5,285.00₹3,568.00n/a13
Jun ’27₹4,520.95
₹4,460.62
-1.33%
10.88%₹5,285.00₹3,568.00n/a13
May ’27₹3,946.40
₹4,045.00
+2.50%
10.12%₹4,600.00₹3,245.00n/a12
Apr ’27₹3,685.95
₹3,914.64
+6.20%
9.69%₹4,600.00₹3,245.00n/a11
Mar ’27₹3,827.80
₹3,952.18
+3.25%
8.31%₹4,600.00₹3,568.00n/a11
Feb ’27₹3,994.80
₹3,952.18
-1.07%
8.31%₹4,600.00₹3,568.00n/a11
Jan ’27₹4,029.95
₹3,672.18
-8.88%
9.04%₹4,230.00₹3,132.00n/a11
Dec ’26₹3,850.70
₹3,672.18
-4.64%
9.04%₹4,230.00₹3,132.00n/a11
Nov ’26₹3,259.80
₹3,456.30
+6.03%
7.96%₹4,010.00₹3,055.00n/a10
Oct ’26₹3,246.05
₹3,475.36
+7.06%
7.74%₹4,010.00₹3,055.00n/a11
Sep ’26₹3,092.15
₹3,475.36
+12.39%
7.74%₹4,010.00₹3,055.00n/a11
Aug ’26₹3,099.10
₹3,677.10
+18.65%
7.83%₹4,165.00₹3,140.00n/a10
Jul ’26₹3,299.50
₹3,677.10
+11.44%
7.83%₹4,165.00₹3,140.00n/a10
Jun ’26₹3,515.75
₹3,677.36
+4.60%
7.47%₹4,165.00₹3,140.00₹4,520.9511
May ’26₹3,202.30
₹3,906.27
+21.98%
7.11%₹4,256.00₹3,433.00₹3,946.4011
Apr ’26₹3,271.40
₹3,906.27
+19.41%
7.11%₹4,256.00₹3,433.00₹3,685.9511
Mar ’26₹3,140.15
₹3,877.25
+23.47%
7.60%₹4,256.00₹3,285.00₹3,827.8012
Feb ’26₹3,671.55
₹3,984.58
+8.53%
9.32%₹4,540.00₹3,285.00₹3,994.8012
Jan ’26₹3,400.95
₹3,923.15
+15.35%
10.10%₹4,540.00₹3,285.00₹4,029.9513
Dec ’25₹3,496.20
₹3,923.15
+12.21%
10.10%₹4,540.00₹3,285.00₹3,850.7013
Nov ’25₹3,854.30
₹4,034.00
+4.66%
12.07%₹4,950.00₹3,285.00₹3,259.8013
Oct ’25₹4,346.35
₹4,491.23
+3.33%
15.66%₹5,400.00₹3,285.00₹3,246.0513
Sep ’25₹4,294.05
₹4,491.23
+4.59%
15.66%₹5,400.00₹3,285.00₹3,092.1513
Aug ’25₹4,515.10
₹3,978.77
-11.88%
11.84%₹4,883.00₹3,352.00₹3,099.1013
Jul ’25₹4,208.60
₹3,897.17
-7.40%
10.70%₹4,813.00₹3,277.00₹3,299.5012
Jun ’25₹3,675.35
₹3,913.29
+6.47%
9.92%₹4,813.00₹3,277.00₹3,515.7514
₹4.5k
Fair Value
8.8% overvalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 08:51
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AIA Engineering Limited is covered by 20 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kunal Sheth360 ONE Capital Market Private Limited
null nullAsian Markets Securities Private Limited
Ravi SwaminathanAvendus Spark