
About Airo Lam Limited
Data last updated:
Airo Lam Limited is a public limited company based in Prantij, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 22 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L20211GJ2007PLC052019. Its GSTIN is 24AAGCA6219G1ZX (Gujarat). The company holds 15 GST registrations, all of them active. Its shares are listed on NSE: AIROLAM.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Pravinkumar Nathalal Patel (Managing Director) and Sureshbhai Hansarajbhai Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 355 Nananpur Road N.H. No. 8 Village – Dalpur Ta. Prantij, Gujarat, India – 383120.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹243.22 Cr, a growth of 13.5% compared to the previous year. For the same year it recorded a net profit of ₹5.52 Cr (net margin 2.3%) and EBITDA of ₹19.36 Cr (EBITDA margin 8%).
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airolam. As per MCA filings, the company has open charges of ₹271.82 Cr and satisfied charges of ₹139.82 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 2 cases are pending. The company has 3 deals on record (2 market trades, 1 ipo); the latest was in September 2022. Its 10 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood) are compared by revenue, 5 larger and 5 smaller; the largest is Sylvan Plyboard (India) Limited with revenue of ₹243.51 Cr. The company has 18 MSME Form 1 returns on record between 2018 and 2022, listing 2,448 overdue payments to 82 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airolam.com.
- EmailLocked
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- Registered AddressSurvey No. 355 Nananpur Road N.H. No. 8 Village – Dalpur Ta. Prantij, Gujarat, India – 383120
- IndustryManufacturing, Wood Products & MDF
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Airo Lam Limited
The main business activity of Airo Lam is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Airo Lam Limited FY 2025-26 filings available
Airo Lam Limited reported revenue of ₹243.22 Cr (up 13.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 243 | 214 | 206 | 199 | 169 | 135 | 106 |
| Revenue growth | +13.5% | +3.8% | +3.5% | +18.1% | +25.4% | +26.7% | - |
| EBITDA | 19.36 | 13.58 | 19.25 | 16.58 | 13.91 | 11.56 | 8.79 |
| EBITDA margin | +8.0% | +6.3% | +9.3% | +8.3% | +8.2% | +8.6% | +8.3% |
| Profit before tax | 7.05 | 4.26 | 11.60 | 9.77 | 9.18 | 7.70 | 6.37 |
| Net profit | 5.52 | 2.71 | 7.86 | 7.39 | 6.75 | 5.43 | 4.79 |
| Net profit margin | +2.3% | +1.3% | +3.8% | +3.7% | +4.0% | +4.0% | +4.5% |
| EPS (₹) | 3.50 | 1.80 | 5.23 | 4.93 | 4.37 | 3.64 | 3.18 |
| Balance sheet | |||||||
| Total assets | - | 166 | 151 | 129 | 108 | 88.50 | 79.28 |
| Net worth | - | 73.31 | 70.47 | 64.01 | 56.24 | 49.68 | 44.23 |
| Total debt | - | 90.28 | 79.43 | 63.20 | 50.57 | 38.22 | 34.31 |
| Cash & bank | - | 2.18 | 1.78 | 2.56 | 4.55 | 4.78 | 1.05 |
| Net working capital | - | 110 | 109 | 92.89 | 72.80 | 52.14 | 53.41 |
| Cash flow | |||||||
| Cash from operations | - | 13.88 | (0.56) | (5.32) | (6.81) | 20.45 | 4.37 |
| Cash from investing | - | (17.52) | (12.67) | (3.49) | (3.16) | (14.28) | (13.88) |
| Cash from financing | - | 3.63 | 11.00 | 8.44 | 9.74 | (2.45) | 8.64 |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.92 | 69.76 | 61.85 | 53.68 | 56.17 | 53.99 | 51.79 | 52.28 |
| Revenue growth (YoY) | +3.1% | +29.2% | +19.4% | +2.7% | +10.3% | - | - | - |
| Other income | 0.77 | 0.18 | (0.01) | 0.39 | 0.81 | 0.22 | (0.06) | 1.57 |
| EBITDA | 3.27 | 5.21 | 6.11 | 4.76 | 5.99 | 3.40 | 18.23 | 4.50 |
| EBITDA margin | +5.6% | +7.5% | +9.9% | +8.9% | +10.7% | +6.3% | +35.2% | +8.6% |
| Depreciation | 1.16 | 1.29 | 1.38 | 1.15 | 1.17 | 1.22 | 21.48 | 1.04 |
| Interest | 2.26 | 2.23 | 1.98 | 2.19 | 2.24 | 1.02 | 0.31 | 1.92 |
| Profit before tax | 0.62 | 1.87 | 2.74 | 1.81 | 3.39 | 1.38 | (3.62) | 3.11 |
| Tax | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 | (0.39) | 1.04 |
| Net profit | 0.24 | 1.40 | 2.37 | 1.23 | 2.78 | 1.10 | (3.23) | 2.07 |
| EPS (₹) | 0.17 | 0.93 | 1.58 | 0.82 | 1.85 | 0.73 | (2.16) | 1.38 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 243 | 214 | 205 | 199 | 169 | 135 | 106 |
| Revenue growth | +13.5% | +4.5% | +2.9% | +18.1% | +25.4% | +26.7% | - |
| EBITDA | 20.36 | 14.40 | 19.66 | 16.57 | 14.93 | 11.56 | 8.79 |
| EBITDA margin | +8.4% | +6.7% | +9.6% | +8.3% | +8.8% | +8.6% | +8.3% |
| Profit before tax | 8.03 | 5.07 | 12.03 | 9.76 | 9.37 | 7.70 | 6.37 |
| Net profit | 6.23 | 3.52 | 8.28 | 7.38 | 6.72 | 5.43 | 4.79 |
| Net profit margin | +2.6% | +1.6% | +4.0% | +3.7% | +4.0% | +4.0% | +4.5% |
| EPS (₹) | 4.15 | 2.36 | 5.52 | 4.93 | 4.48 | 3.64 | 3.18 |
| Balance sheet | |||||||
| Total assets | 165 | 168 | 154 | 129 | 108 | 88.50 | 79.28 |
| Net worth | 82.50 | 75.99 | 72.33 | 64.25 | 56.42 | 49.68 | 44.23 |
| Total debt | 80.42 | 88.95 | 79.12 | 63.20 | 50.57 | 38.22 | 34.31 |
| Cash & bank | 1.88 | 2.13 | 1.77 | 2.56 | 4.55 | 4.78 | 1.05 |
| Net working capital | 111 | 112 | 111 | 92.89 | 72.78 | 52.14 | 53.41 |
| Cash flow | |||||||
| Cash from operations | 19.84 | 17.21 | (0.36) | 8.66 | (5.96) | 20.45 | 4.37 |
| Cash from investing | (2.66) | (19.88) | (12.57) | (4.89) | (4.00) | (14.28) | (13.88) |
| Cash from financing | (17.19) | 2.61 | 10.69 | (4.14) | 9.29 | (2.45) | 8.64 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.54 | 58.25 | 69.67 | 62.53 | 52.88 | 56.51 | 55.02 | 51.19 |
| Revenue growth (YoY) | +27.7% | +3.1% | +26.6% | +22.2% | +2.3% | - | - | - |
| Other income | 0.11 | 0.77 | 0.15 | (0.02) | 0.38 | 0.74 | 0.19 | (0.01) |
| Total expenses | 62.45 | 54.72 | 64.26 | 56.09 | 47.88 | 50.39 | 51.46 | 51.14 |
| EBITDA | 5.09 | 3.53 | 5.41 | 6.44 | 5.00 | 6.12 | 3.56 | 0.05 |
| EBITDA margin | +7.5% | +6.1% | +7.8% | +10.3% | +9.5% | +10.8% | +6.5% | +0.1% |
| Depreciation | 1.23 | 1.16 | 1.29 | 1.37 | 1.14 | 1.16 | 1.21 | 1.19 |
| Interest | 1.89 | 2.26 | 2.23 | 1.98 | 2.19 | 2.23 | 1.02 | 2.05 |
| Profit before tax | 2.08 | 0.88 | 2.04 | 3.07 | 2.05 | 3.47 | 1.52 | (3.20) |
| Tax | 0.49 | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 | (0.39) |
Financial Statements
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57.92 | 69.76 | 61.85 | 53.68 | 56.17 | 53.99 | 51.79 | 52.28 |
| Revenue growth (YoY) | +3.1% | +29.2% | +19.4% | +2.7% | +10.3% | - | - | - |
| Other income | 0.77 | 0.18 | (0.01) | 0.39 | 0.81 | 0.22 | (0.06) | 1.57 |
| EBITDA | 3.27 | 5.21 | 6.11 | 4.76 | 5.99 | 3.40 | 18.23 | 4.50 |
| EBITDA margin | +5.6% | +7.5% | +9.9% | +8.9% | +10.7% | +6.3% | +35.2% | +8.6% |
| Depreciation | 1.16 | 1.29 | 1.38 | 1.15 | 1.17 | 1.22 | 21.48 | 1.04 |
| Interest | 2.26 | 2.23 | 1.98 | 2.19 | 2.24 | 1.02 | 0.31 | 1.92 |
| Profit before tax | 0.62 | 1.87 | 2.74 | 1.81 | 3.39 | 1.38 | (3.62) | 3.11 |
| Tax | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 | (0.39) | 1.04 |
| Net profit | 0.24 | 1.40 | 2.37 | 1.23 | 2.78 | 1.10 | (3.23) | 2.07 |
| EPS (₹) | 0.17 | 0.93 | 1.58 | 0.82 | 1.85 | 0.73 | (2.16) | 1.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 243 | 214 | 206 | 199 | 169 | 135 | 106 |
| Revenue growth | +13.5% | +3.8% | +3.5% | +18.1% | +25.4% | +26.7% | - |
| Other income | 1.33 | 2.53 | 1.45 | 0.70 | 1.39 | 0.83 | 0.92 |
| Total expenses | 224 | 201 | 187 | 183 | 155 | 123 | 97.60 |
| Employee cost | 0.00 | 13.97 | 12.88 | 11.21 | 9.47 | 6.75 | 7.40 |
| EBITDA | 19.36 | 13.58 | 19.25 | 16.58 | 13.91 | 11.56 | 8.79 |
| EBITDA margin | +8.0% | +6.3% | +9.3% | +8.3% | +8.2% | +8.6% | +8.3% |
| Depreciation | 4.98 | 4.62 | 3.88 | 3.32 | 3.05 | 2.35 | 1.64 |
| Interest | 8.66 | 7.23 | 5.22 | 4.19 | 3.07 | 2.34 | 1.70 |
| Profit before tax | 7.05 | 4.26 | 11.60 | 9.77 | 9.18 | 7.70 | 6.37 |
| Tax | 1.80 | 1.55 | 3.75 | 2.38 | 2.61 | 2.27 | 1.58 |
| Net profit | 5.52 | 2.71 | 7.86 | 7.39 | 6.75 | 5.43 | 4.79 |
| Net profit margin | +2.3% | +1.3% | +3.8% | +3.7% | +4.0% | +4.0% | +4.5% |
| EPS (₹) | 3.50 | 1.80 | 5.23 | 4.93 | 4.37 | 3.64 | 3.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves & surplus | - | 58.31 | 55.47 | 49.01 | 41.24 | 34.68 | 29.23 |
| Shareholders' funds (net worth) | - | 73.31 | 70.47 | 64.01 | 56.24 | 49.68 | 44.23 |
| Minority interest | - | (0.90) | (0.60) | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 79.45 | 70.04 | 52.41 | 42.73 | 29.48 | 28.80 |
| Unsecured loans | - | 10.83 | 9.39 | 10.79 | 7.84 | 8.74 | 5.51 |
| Total debt | - | 90.28 | 79.43 | 63.20 | 50.57 | 38.22 | 34.31 |
| Total liabilities | - | 166 | 151 | 129 | 108 | 88.50 | 79.28 |
| Assets | |||||||
| Gross block | - | 90.66 | 72.98 | 60.37 | 58.55 | 55.74 | 26.82 |
| Net block | - | 57.67 | 44.61 | 35.87 | 37.36 | 37.60 | 11.03 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.70 |
| Investments | - | 0.49 | 0.34 | 0.66 | 0.13 | 0.37 | 0.13 |
| Inventories | - | 84.94 | 75.82 | 62.88 | 59.01 | 40.74 | 34.68 |
| Sundry debtors | - | 58.39 | 55.06 | 49.30 | 51.75 | 41.31 | 42.13 |
| Cash & bank balances | - | 2.18 | 1.78 | 2.56 | 4.55 | 4.78 | 1.05 |
| Loans & advances | - | 11.23 | 13.14 | 8.33 | 6.00 | 5.08 | 3.33 |
| Total current assets | - | 157 | 146 | 123 | 121 | 91.91 | 81.19 |
| Total current liabilities | - | 46.50 | 36.84 | 30.18 | 48.51 | 39.77 | 27.78 |
| Net working capital | - | 110 | 109 | 92.89 | 72.80 | 52.14 | 53.41 |
| Total assets | - | 166 | 151 | 129 | 108 | 88.50 | 79.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.33 | 2.56 | 2.93 | 4.78 | 1.05 | 1.92 |
| Net cash from operating activities | - | 13.88 | (0.56) | (5.32) | (6.81) | 20.45 | 4.37 |
| Net cash from investing activities | - | (17.52) | (12.67) | (3.49) | (3.16) | (14.28) | (13.88) |
| Net cash from financing activities | - | 3.63 | 11.00 | 8.44 | 9.74 | (2.45) | 8.64 |
| Net change in cash | - | (0.01) | (2.23) | (0.37) | (0.22) | 3.72 | (0.87) |
| Closing cash | - | 2.18 | 1.78 | 2.56 | 4.55 | 4.78 | 1.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.5% | +3.8% | +3.5% | +18.1% | +25.4% | +26.7% | - |
| EBITDA growth | +42.6% | -29.5% | +16.1% | +19.2% | +20.3% | +31.5% | - |
| PBT growth | +65.5% | -63.3% | +18.7% | +6.4% | +19.2% | +20.9% | +9997.0% |
| Net income growth | +103.7% | -65.5% | +6.4% | +9.5% | +24.3% | +13.4% | - |
| Revenue CAGR (3Y) | +6.8% | +8.2% | +15.3% | +23.3% | - | - | - |
| EBITDA CAGR (3Y) | +5.3% | -0.8% | +18.5% | +23.6% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.2% | +1.3% | +3.8% | +3.7% | +3.9% | +4.0% | +4.5% |
| Return on capital employed | - | +7.2% | +12.0% | +11.8% | +12.5% | +12.0% | +10.2% |
| Return on net worth | - | +3.8% | +11.7% | +12.3% | +12.4% | +11.6% | +10.8% |
| Debt / equity | - | 1.18 | 1.06 | 0.95 | 0.84 | 0.77 | 0.78 |
| Long-term debt / equity | - | 0.24 | 0.21 | 0.30 | 0.39 | 0.36 | 0.33 |
| Interest cover | 60.22 | 80.69 | 33.96 | 31.60 | 28.27 | 25.41 | 23.78 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.78 | 3.48 | 3.74 | 3.27 | 3.59 | 4.57 |
| Inventory turnover | - | 2.83 | 3.34 | 3.65 | 3.74 | 3.93 | 3.54 |
| Debtors turnover | - | 4.01 | 4.45 | 4.40 | 4.01 | 3.55 | 2.91 |
| EPS (₹) | 3.50 | 1.80 | 5.23 | 4.93 | 4.37 | 3.64 | 3.18 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 48.87 | 46.97 | 42.67 | 37.49 | 33.12 | 29.48 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67.54 | 58.25 | 69.67 | 62.53 | 52.88 | 56.51 | 55.02 | 51.19 |
| Revenue growth (YoY) | +27.7% | +3.1% | +26.6% | +22.2% | +2.3% | - | - | - |
| Other income | 0.11 | 0.77 | 0.15 | (0.02) | 0.38 | 0.74 | 0.19 | (0.01) |
| Total expenses | 62.45 | 54.72 | 64.26 | 56.09 | 47.88 | 50.39 | 51.46 | 51.14 |
| EBITDA | 5.09 | 3.53 | 5.41 | 6.44 | 5.00 | 6.12 | 3.56 | 0.05 |
| EBITDA margin | +7.5% | +6.1% | +7.8% | +10.3% | +9.5% | +10.8% | +6.5% | +0.1% |
| Depreciation | 1.23 | 1.16 | 1.29 | 1.37 | 1.14 | 1.16 | 1.21 | 1.19 |
| Interest | 1.89 | 2.26 | 2.23 | 1.98 | 2.19 | 2.23 | 1.02 | 2.05 |
| Profit before tax | 2.08 | 0.88 | 2.04 | 3.07 | 2.05 | 3.47 | 1.52 | (3.20) |
| Tax | 0.49 | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 | (0.39) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 243 | 214 | 205 | 199 | 169 | 135 | 106 |
| Revenue growth | +13.5% | +4.5% | +2.9% | +18.1% | +25.4% | +26.7% | - |
| Other income | 1.29 | 2.49 | 1.45 | 0.70 | 0.56 | 0.83 | 0.92 |
| Total expenses | 223 | 200 | 186 | 183 | 154 | 123 | 97.60 |
| Employee cost | 0.00 | 13.46 | 12.48 | 11.21 | 9.51 | 6.75 | 7.40 |
| EBITDA | 20.36 | 14.40 | 19.66 | 16.57 | 14.93 | 11.56 | 8.79 |
| EBITDA margin | +8.4% | +6.7% | +9.6% | +8.3% | +8.8% | +8.6% | +8.3% |
| Depreciation | 4.96 | 4.59 | 3.86 | 3.32 | 3.05 | 2.35 | 1.64 |
| Interest | 8.66 | 7.23 | 5.22 | 4.19 | 3.07 | 2.34 | 1.70 |
| Profit before tax | 8.03 | 5.07 | 12.03 | 9.76 | 9.37 | 7.70 | 6.37 |
| Tax | 1.80 | 1.55 | 3.75 | 2.38 | 2.65 | 2.27 | 1.58 |
| Net profit | 6.23 | 3.52 | 8.28 | 7.38 | 6.72 | 5.43 | 4.79 |
| Net profit margin | +2.6% | +1.6% | +4.0% | +3.7% | +4.0% | +4.0% | +4.5% |
| EPS (₹) | 4.15 | 2.36 | 5.52 | 4.93 | 4.48 | 3.64 | 3.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves & surplus | 67.50 | 60.99 | 57.33 | 49.25 | 41.42 | 34.68 | 29.23 |
| Shareholders' funds (net worth) | 82.50 | 75.99 | 72.33 | 64.25 | 56.42 | 49.68 | 44.23 |
| Secured loans | 72.40 | 79.45 | 70.04 | 52.41 | 42.83 | 29.48 | 28.80 |
| Unsecured loans | 8.02 | 9.50 | 9.08 | 10.79 | 7.74 | 8.74 | 5.51 |
| Total debt | 80.42 | 88.95 | 79.12 | 63.20 | 50.57 | 38.22 | 34.31 |
| Total liabilities | 165 | 168 | 154 | 129 | 108 | 88.50 | 79.28 |
| Assets | |||||||
| Gross block | 93.17 | 90.57 | 72.89 | 60.37 | 58.55 | 55.74 | 26.82 |
| Net block | 55.34 | 57.64 | 44.54 | 35.87 | 37.36 | 37.60 | 11.03 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.70 |
| Investments | 0.64 | 0.73 | 0.59 | 0.90 | 0.35 | 0.37 | 0.13 |
| Inventories | 85.02 | 82.73 | 74.46 | 62.88 | 59.01 | 40.74 | 34.68 |
| Sundry debtors | 70.60 | 60.78 | 54.94 | 49.30 | 51.75 | 41.31 | 42.13 |
| Cash & bank balances | 1.88 | 2.13 | 1.77 | 2.56 | 4.55 | 4.78 | 1.05 |
| Loans & advances | 12.88 | 11.16 | 13.02 | 8.33 | 6.12 | 5.08 | 3.33 |
| Total current assets | 170 | 157 | 144 | 123 | 121 | 91.91 | 81.19 |
| Total current liabilities | 59.05 | 44.48 | 33.25 | 30.18 | 48.65 | 39.77 | 27.78 |
| Net working capital | 111 | 112 | 111 | 92.89 | 72.78 | 52.14 | 53.41 |
| Total assets | 165 | 168 | 154 | 129 | 108 | 88.50 | 79.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.26 | 0.32 | 2.56 | 2.93 | 3.61 | 1.05 | 1.92 |
| Net cash from operating activities | 19.84 | 17.21 | (0.36) | 8.66 | (5.96) | 20.45 | 4.37 |
| Net cash from investing activities | (2.66) | (19.88) | (12.57) | (4.89) | (4.00) | (14.28) | (13.88) |
| Net cash from financing activities | (17.19) | 2.61 | 10.69 | (4.14) | 9.29 | (2.45) | 8.64 |
| Net change in cash | 0.00 | (0.06) | (2.24) | (0.37) | (0.68) | 3.72 | (0.87) |
| Closing cash | 1.88 | 2.13 | 1.77 | 2.56 | 4.55 | 4.78 | 1.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.5% | +4.5% | +2.9% | +18.1% | +25.4% | +26.7% | - |
| EBITDA growth | +41.4% | -26.8% | +18.7% | +11.0% | +29.2% | +31.5% | - |
| PBT growth | +58.4% | -57.9% | +23.3% | +4.2% | +21.7% | +20.9% | +6.7% |
| Net income growth | +77.0% | -57.5% | +12.2% | +9.8% | +23.8% | +13.4% | - |
| Revenue CAGR (3Y) | +6.8% | +8.3% | +15.1% | +23.3% | +14.7% | +12.9% | +14.5% |
| EBITDA CAGR (3Y) | +7.1% | -1.2% | +19.4% | +23.5% | +17.1% | +8.7% | +10.2% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +1.6% | +4.0% | +3.7% | +4.0% | +4.0% | +4.5% |
| Return on capital employed | - | +7.7% | +12.2% | +11.8% | +12.7% | +12.0% | +11.3% |
| Return on net worth | - | +4.8% | +12.1% | +12.3% | +12.7% | +11.6% | +11.4% |
| Debt / equity | - | 1.13 | 1.04 | 0.94 | 0.84 | 0.77 | 0.68 |
| Long-term debt / equity | - | 0.22 | 0.21 | 0.30 | 0.39 | 0.36 | 0.23 |
| Interest cover | 56.23 | 73.70 | 33.04 | 31.62 | 25.84 | 25.41 | 23.78 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.78 | 3.46 | 3.74 | 3.27 | 3.59 | 4.68 |
| Inventory turnover | - | 2.89 | 3.36 | 3.65 | 3.74 | 3.93 | 3.46 |
| Debtors turnover | - | 3.93 | 4.43 | 4.40 | 4.01 | 3.55 | 3.08 |
| EPS (₹) | 4.15 | 2.36 | 5.52 | 4.93 | 4.48 | 3.64 | 3.18 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 50.65 | 48.21 | 42.83 | 37.61 | 33.12 | 29.48 |
Peer Comparison of Airo Lam Limited
Airo Lam Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sylvan Plyboard (India) Limited | ₹243.51 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Hooghly, West Bengal, India |
| Airo Lam Limited this company | ₹243.22 Cr (FY 2026) | •••• | •••• | 13.5% | •••• | Prantij, Gujarat, India |
| Kamal Timbers India Limited | ₹238.89 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Aica Laminates India Private Limited | ₹231.82 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Amulyamica Industries Private Limited | ₹215.4 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Tinsukia, Assam, India |
| Startubes (India) Limited | ₹211.3 Cr (FY 2025) | •••• | •••• | 483.0% | •••• | Dehgam, Gujarat, India |
| Kitply Industries Limited | ₹207.59 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Margherita, Assam, India |
| Regal Trading Pvt. Ltd. | ₹200.09 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Coast to Coast Designs Limited | ₹198.97 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Archit Nuwood Industries Limited | ₹198.53 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Tohana, Haryana, India |
| Jolly Exports Pvt Ltd | ₹192.98 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Airo Lam by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Airo Lam Limited
Airo Lam Limited is audited by Goenka Patodia & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Goenka Patodia & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Airo Lam Limited
Airo Lam has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshbhai Hansarajbhai Patel Also directs: Ultra Denim Limited | Whole-Time Director | 18 Jun 2008 | 18 Years 3 Months | Current |
| Pravinkumar Nathalal Patel | Managing Director | 22 Oct 2007 | 18 Years 11 Months | Current |
| Mamtabahen Premanshu Patel | Director | 01 Jan 2017 | 9 Years 9 Months | Current |
| Manilal Kanjibhai Patel | Director | 01 Jan 2017 | 9 Years 9 Months | Current |
| Mehulkumar Jayantilal Patel | Director | 27 Feb 2019 | 7 Years 7 Months | Current |
| Hardik Prafullbhai Patel Also directs: Kedar Formalin LLP | Director | 22 Nov 2018 | 7 Years 10 Months | Current |
Shareholding Pattern of Airo Lam Limited
Shareholding for the quarter ended Sep 2026: promoters hold 53.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 46.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 53.40% | 53.40% | 53.40% | 53.10% |
| Public | 46.60% | 46.60% | 46.60% | 46.90% |
Charges & Borrowings of Airo Lam Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open |
| 23 Mar 2023 | Axis Bank Limited | ₹79.29 Cr | Open |
| 26 Jul 2019 | Axis Bank Limited | ₹93.24 Cr | Open |
| 28 Mar 2019 | Axis Bank Limited | ₹79.29 Cr | Open |
| 10 May 2017 | Others | ₹27.49 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Airo Lam Limited
Airo Lam Limited has 3 deals on record (2 market trades, 1 ipo); the latest was in September 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Market trade | ₹84.8 Lakh | Seller: Tarak V Vora Huf |
| Aug 2022 | Market trade | ₹1.43 Cr | Buyer: Tarak V Vora Huf, an individual Seller: Tarak V Vora Huf, an individual |
| Sep 2017 | IPO | ₹15.23 Cr | Investors: Public Investors |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Airo Lam Limited
Airo Lam Limited has 9 court cases on record: 9 filed by Airo Lam. 2 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 1 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Gujarat Urja Vikas Nigam Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Integrated Workplace Furniture Private Limited | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Airo Lam Limited
Airo Lam Limited has 18 MSME Form 1 returns on record between 2018 and 2022, listing 2,448 overdue payments to 82 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 82)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shreenathji Rasayan Pvt.Ltd. | •••• | •••• | •••• |
| Ashapuri Gloves Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 18 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Airo Lam Limited
Airo Lam operates one associated brand: Airolam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of plywood, panels, exterior & interior wall cladding laminates, and other building materials | airolam.com |
Employees and EPFO Compliance at Airo Lam Limited
Airo Lam Limited has a workforce of 44 employees as of Jan 10, 2026.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Airo Lam Limited
Airo Lam has one previous CIN (Corporate Identification Number): U20211GJ2007PLC052019. The current CIN is L20211GJ2007PLC052019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L20211GJ2007PLC052019 | Current |
| U20211GJ2007PLC052019 | Previous |
News related to Airo Lam Limited
Recent Activity on Airo Lam Limited
Airo Lam Limited has 29 board changes on record since 2007: 18 appointments and 11 cessations. The latest: Chintankumar Kamleshbhai Mehuriya was appointed as Company Secretary on 26 May 2023.
41 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Airo Lam Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Airo Lam Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Airo Lam Limited
Airo Lam has 15 GST registrations: 15 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA6219G1ZX | Gujarat | Active | 01 Jul 2017 |
| 24AAGCA6219G2ZW | Gujarat | Active | 01 Apr 2025 |
| 20AACCJ1103G1ZJ | Jharkhand | Active | 01 Jul 2017 |
| 19AAGCA6219G1ZO | West Bengal | Active | 23 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Airo Lam Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Airo Lam Limited
Airo Lam is an active public limited company based in Prantij, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 22 October 2007 (19+ years old) and is registered under CIN L20211GJ2007PLC052019. Listed on NSE: AIROLAM.
Airo Lam reported revenue of ₹243.22 Cr for FY 2025-26 (up 13.5% YoY) based on consolidated financials.
Airo Lam has 6 current directors:
- Pravinkumar Nathalal Patel - Managing Director
- Sureshbhai Hansarajbhai Patel - Whole-Time Director
- Mamtabahen Premanshu Patel - Director
- Manilal Kanjibhai Patel - Director
- Mehulkumar Jayantilal Patel - Director
- Hardik Prafullbhai Patel - Director
The GSTIN of Airo Lam is 24AAGCA6219G1ZX, registered in Gujarat. The company has 15 GST registrations in all, of which 15 are active. Other active GSTINs include 24AAGCA6219G2ZW (Gujarat), 20AACCJ1103G1ZJ (Jharkhand), 19AAGCA6219G1ZO (West Bengal).
The CIN (Corporate Identification Number) of Airo Lam is L20211GJ2007PLC052019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Airo Lam is listed on NSE with symbol AIROLAM.
Airo Lam has 9 court cases on record: 9 filed by the company. 2 are pending. Most are in the district courts.
Airo Lam was incorporated on 22 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Airo Lam has 3 deals on record (2 market trades, 1 ipo); the latest was in September 2022.
The peers of Airo Lam by revenue are Sylvan Plyboard (India) Limited, Kamal Timbers India Limited, Aica Laminates India Private Limited, Amulyamica Industries Private Limited, Startubes (India) Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Chintankumar Kamleshbhai Mehuriya was appointed as Company Secretary on 26 May 2023. Ruchi Biren Shah ceased to be Company Secretary on 29 Dec 2022. Mahendrabhai Amichandbhai Patel ceased to be Director on 20 May 2019. Airo Lam has 29 board changes on record in total.
Airo Lam has 18 MSME Form 1 returns on record between 2018 and 2022, listing 2,448 overdue payments to 82 micro and small suppliers. The latest return was filed on 27 Apr 2022.