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Airo Lam

NSEI:AIROLAM
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AIROLAM
NSEI
₹450M
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Airo Lam Limited manufactures and markets high pressure decorative laminates in India. The last earnings update was 188 days ago. More info.


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AIROLAM Share Price and Events
7 Day Returns
-0.3%
NSEI:AIROLAM
1.7%
IN Forestry
3.3%
IN Market
1 Year Returns
-31.1%
NSEI:AIROLAM
-26.7%
IN Forestry
-0.5%
IN Market
AIROLAM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Airo Lam (AIROLAM) -0.3% 3.1% 1.4% -31.1% - -
IN Forestry 1.7% -7% -0.8% -26.7% 29.7% 145.6%
IN Market 3.3% -1.2% 5.9% -0.5% 34.4% 45.6%
1 Year Return vs Industry and Market
  • AIROLAM underperformed the Forestry industry which returned -26.7% over the past year.
  • AIROLAM underperformed the Market in India which returned -0.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Airo Lam undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Airo Lam. This is due to cash flow or dividend data being unavailable. The share price is ₹29.9.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Airo Lam's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Airo Lam's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:AIROLAM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in INR ₹2.68
NSEI:AIROLAM Share Price ** NSEI (2019-05-24) in INR ₹29.9
India Forestry Industry PE Ratio Median Figure of 38 Publicly-Listed Forestry Companies 10.3x
India Market PE Ratio Median Figure of 2,774 Publicly-Listed Companies 15.46x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Airo Lam.

NSEI:AIROLAM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:AIROLAM Share Price ÷ EPS (both in INR)

= 29.9 ÷ 2.68

11.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airo Lam is overvalued based on earnings compared to the IN Forestry industry average.
  • Airo Lam is good value based on earnings compared to the India market.
Price based on expected Growth
Does Airo Lam's expected growth come at a high price?
Raw Data
NSEI:AIROLAM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.1%per year
India Forestry Industry PEG Ratio Median Figure of 6 Publicly-Listed Forestry Companies 0.49x
India Market PEG Ratio Median Figure of 557 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Airo Lam, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Airo Lam's assets?
Raw Data
NSEI:AIROLAM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in INR ₹24.77
NSEI:AIROLAM Share Price * NSEI (2019-05-24) in INR ₹29.9
India Forestry Industry PB Ratio Median Figure of 44 Publicly-Listed Forestry Companies 1.06x
India Market PB Ratio Median Figure of 3,642 Publicly-Listed Companies 1.05x
NSEI:AIROLAM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:AIROLAM Share Price ÷ Book Value per Share (both in INR)

= 29.9 ÷ 24.77

1.21x

* Primary Listing of Airo Lam.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Airo Lam is overvalued based on assets compared to the IN Forestry industry average.
X
Value checks
We assess Airo Lam's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Forestry industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Forestry industry average (and greater than 0)? (1 check)
  5. Airo Lam has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Airo Lam expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Airo Lam, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Airo Lam expected to grow at an attractive rate?
  • Airo Lam's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Airo Lam's earnings growth is positive but not above the India market average.
  • Unable to compare Airo Lam's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:AIROLAM Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:AIROLAM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.1%
India Forestry Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
India Forestry Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:AIROLAM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:AIROLAM Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-09-30 950 40
2018-06-30 941 36
2018-03-31 931 -37 33
2017-03-31 709 16 19
2016-03-31 638 29 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Airo Lam's earnings are expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Airo Lam is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:AIROLAM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Airo Lam Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AIROLAM Past Financials Data
Date (Data in INR Millions) EPS *
2018-09-30 2.68
2018-06-30 2.60
2018-03-31 2.51
2017-03-31 1.72
2016-03-31 1.52

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Airo Lam will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Airo Lam's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Airo Lam has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Airo Lam performed over the past 5 years?

  • Airo Lam's last earnings update was 188 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Airo Lam's growth in the last year to its industry (Forestry).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Airo Lam has delivered over 20% year on year earnings growth in the past 5 years.
  • Airo Lam's 1-year earnings growth exceeds its 5-year average (55.9% vs 22.3%)
  • Airo Lam's earnings growth has exceeded the IN Forestry industry average in the past year (55.9% vs 38.3%).
Earnings and Revenue History
Airo Lam's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Airo Lam Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AIROLAM Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 950.07 40.11 82.79
2018-06-30 940.77 36.31 78.71
2018-03-31 931.48 32.52 74.63
2017-03-31 708.59 18.90 89.98
2016-03-31 637.92 16.72 131.88
2015-03-31 670.59 16.02 104.48
2014-03-31 639.14 14.82 98.88
2013-03-31 551.67 14.29 78.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Airo Lam has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Airo Lam used its assets less efficiently than the IN Forestry industry average last year based on Return on Assets.
  • Airo Lam's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Airo Lam's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Forestry industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Airo Lam has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Airo Lam's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Airo Lam's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Airo Lam is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Airo Lam's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Airo Lam's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Airo Lam Company Filings, last reported 7 months ago.

NSEI:AIROLAM Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 370.80 215.03 4.25
2018-06-30 370.80 215.03 4.25
2018-03-31 351.92 201.57 13.35
2017-03-31 172.79 260.51 5.90
2016-03-31 152.58 214.78 7.10
2015-03-31 135.86 230.83 20.71
2014-03-31 119.84 183.88 5.57
2013-03-31 105.02 159.88 5.87
  • Airo Lam's level of debt (58%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (152.9% vs 58% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
X
Financial health checks
We assess Airo Lam's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Airo Lam has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Airo Lam's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Airo Lam dividends.
If you bought ₹2,000 of Airo Lam shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Airo Lam's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Airo Lam's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:AIROLAM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Forestry Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1408 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Airo Lam has not reported any payouts.
  • Unable to verify if Airo Lam's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Airo Lam's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Airo Lam has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Airo Lam's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Airo Lam afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Airo Lam has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Airo Lam's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pravinbhai Patel
COMPENSATION ₹0
AGE 49
TENURE AS CEO 4.8 years
CEO Bio

Mr. Pravinbhai Nathabhai Patel has been the Chairman and Managing Director at Airo Lam Limited since April 5, 2017 and August 1, 2014 respectively.

CEO Compensation
  • Insufficient data for Pravinbhai to compare compensation growth.
  • Pravinbhai's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Airo Lam management team in years:

1.9
Average Tenure
31.5
Average Age
  • The average tenure for the Airo Lam management team is less than 2 years, this suggests a new team.
Management Team

Pravinbhai Patel

TITLE
Chairman & MD
AGE
49
TENURE
4.8 yrs

Keyaben Patel

TITLE
Chief Financial Officer
AGE
23
TENURE
1.5 yrs

Ruchi Shah

TITLE
Compliance Officer & Company Secretary
AGE
25
TENURE
1.9 yrs

Sureshbhai Patel

TITLE
Whole-Time Director
AGE
38
Board of Directors Tenure

Average tenure and age of the Airo Lam board of directors in years:

2.3
Average Tenure
44
Average Age
  • The average tenure for the Airo Lam board of directors is less than 3 years, this suggests a new board.
Board of Directors

Pravinbhai Patel

TITLE
Chairman & MD
AGE
49
TENURE
2.1 yrs

Sureshbhai Patel

TITLE
Whole-Time Director
AGE
38
TENURE
10.9 yrs

Mahendra Patel

TITLE
Independent Director
AGE
57
TENURE
2.3 yrs

Mamtaben Patel

TITLE
Independent Director
AGE
24
TENURE
2.3 yrs

Manilal Patel

TITLE
Independent Director
AGE
50
TENURE
2.3 yrs

Pravinbhai Patel

TITLE
Non-Executive Director
AGE
39
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Airo Lam's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Airo Lam has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Taking A Look At Airo Lam Limited's (NSE:AIROLAM) ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Airo Lam has a return on equity of 11% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Introducing Airo Lam (NSE:AIROLAM), The Stock That Dropped 26% In The Last Year

Given that Airo Lam only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. … Many high growth companies focus on growing revenue before profits, but if revenue is the focus, it really needs to grow. … But if revenue keeps growing, then at a certain point the share price would likely follow.

Simply Wall St -

Airo Lam Limited (NSE:AIROLAM) Earns A Nice Return On Capital Employed

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Should Airo Lam Limited (NSE:AIROLAM) Focus On Improving This Fundamental Metric?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Could Airo Lam Limited's (NSE:AIROLAM) Investor Composition Influence The Stock Price?

Generally speaking, as a company grows, institutions will increase their ownership. … With a market capitalization of ₹495m, Airo Lam is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Do You Like Airo Lam Limited (NSE:AIROLAM) At This P/E Ratio?

We'll show how you can use Airo Lam Limited's (NSE:AIROLAM) P/E ratio to inform your assessment of the investment opportunity. … Airo Lam has a price to earnings ratio of 13.43, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Airo Lam Limited (NSE:AIROLAM): Assessing Capital Returns

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … To understand Airo Lam’s capital returns we will look at a useful metric called return on capital employed. … Airo Lam's Return On Capital Employed

Simply Wall St -

Are Airo Lam Limited's (NSE:AIROLAM) Interest Costs Too High?

However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Is Airo Lam Limited (NSE:AIROLAM) Attractive At Its Current PE Ratio?

This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … While AIROLAM might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.

Simply Wall St -

Is Airo Lam Limited (NSE:AIROLAM) A Financially Sound Company?

Airo Lam Limited (NSE:AIROLAM) is a small-cap stock with a market capitalization of ₹592.50m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Company Info

Description

Airo Lam Limited manufactures and markets high pressure decorative laminates in India. The company offers its products under various brands, such as Classico, Airolam, I-Lam, Airolite, Airoline, I-Lite, Premium Airodoor, Airodoor, Airo Flexi, Airo xterior, Airo Digilam, etc. for use in kitchen furniture, bathroom furniture, interior doors, counter tops, and internal wall linings. It serves homes, offices, libraries, schools, colleges, universities, hospitals, laboratories, hotels, restaurants, shopping malls, food courts, store interiors, and airports through a network of distributors and dealers. The company also exports its products to various countries, including the United Arab Emirates, Syria, Kuwait, Bangladesh, Dubai, Singapore, Iran, etc. Airo Lam Limited was incorporated in 2007 and is based in Prantij, India.

Details
Name: Airo Lam Limited
AIROLAM
Exchange: NSEI
Founded: 2007
₹450,060,000
15,002,000
Website: http://www.airolam.com
Address: Airo Lam Limited
Survey No. 355,
Nananpur Road,
Prantij,
Gujarat, 383120,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI AIROLAM Equity Shares National Stock Exchange of India IN INR 11. Oct 2017
Number of employees
Current staff
Staff numbers
190
Airo Lam employees.
Industry
Forest Products
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 13:07
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2018/11/17
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.