- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-21-0000307

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. It is a listed company as per MCA records. 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 2026. 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 36 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. 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.
Airo Lam Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000307). 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.
Company details
CIN history
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 |
Recognitions & Rankings of Airo Lam
Contact details
Airo Lam Limited's registered office is in Prantij, Gujarat. Its website is airolam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 355 Nananpur Road N.H. No. 8 Village – Dalpur Ta. Prantij, Gujarat, India – 383120
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Airo Lam Limited, buy the company report.
- 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
Brands
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 |
Business activity
The main business activity of Airo Lam is manufacturing. In detail, this covers manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 16 | Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials |
To see the full business activity and turnover split of Airo Lam Limited, buy the company report.
Financials of Airo Lam Limited
FY 2025-26 filings availableAiro 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 | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81.54 | 65.93 | 57.92 | 69.76 | 61.85 | 53.68 | 56.17 | 53.99 |
| Revenue growth (YoY) | +31.8% | +22.8% | +3.1% | +29.2% | +19.4% | +2.7% | +10.3% | - |
| Other income | 0.21 | 0.17 | 0.77 | 0.18 | (0.01) | 0.39 | 0.81 | 0.22 |
| EBITDA | 6.83 | 4.72 | 3.27 | 5.21 | 6.11 | 4.76 | 5.99 | 3.40 |
| EBITDA margin | +8.4% | +7.2% | +5.6% | +7.5% | +9.9% | +8.9% | +10.7% | +6.3% |
| Depreciation | 1.23 | 1.23 | 1.16 | 1.29 | 1.38 | 1.15 | 1.17 | 1.22 |
| Interest | 1.40 | 1.89 | 2.26 | 2.23 | 1.98 | 2.19 | 2.24 | 1.02 |
| Profit before tax | 4.41 | 1.77 | 0.62 | 1.87 | 2.74 | 1.81 | 3.39 | 1.38 |
| Tax | 0.59 | 0.49 | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 |
| Net profit | 3.82 | 1.28 | 0.24 | 1.40 | 2.37 | 1.23 | 2.78 | 1.10 |
| EPS (₹) | 2.55 | 0.85 | 0.17 | 0.93 | 1.58 | 0.82 | 1.85 | 0.73 |
| 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 | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81.54 | 67.54 | 58.25 | 69.67 | 62.53 | 52.88 | 56.51 | 55.02 |
| Revenue growth (YoY) | +30.4% | +27.7% | +3.1% | +26.6% | +22.2% | +2.3% | - | - |
| Other income | 0.21 | 0.11 | 0.77 | 0.15 | (0.02) | 0.38 | 0.74 | 0.19 |
| Total expenses | 74.71 | 62.45 | 54.72 | 64.26 | 56.09 | 47.88 | 50.39 | 51.46 |
| EBITDA | 6.83 | 5.09 | 3.53 | 5.41 | 6.44 | 5.00 | 6.12 | 3.56 |
| EBITDA margin | +8.4% | +7.5% | +6.1% | +7.8% | +10.3% | +9.5% | +10.8% | +6.5% |
| Depreciation | 1.23 | 1.23 | 1.16 | 1.29 | 1.37 | 1.14 | 1.16 | 1.21 |
| Interest | 1.40 | 1.89 | 2.26 | 2.23 | 1.98 | 2.19 | 2.23 | 1.02 |
| Profit before tax | 4.41 | 2.08 | 0.88 | 2.04 | 3.07 | 2.05 | 3.47 | 1.52 |
| Tax | 0.59 | 0.49 | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81.54 | 65.93 | 57.92 | 69.76 | 61.85 | 53.68 | 56.17 | 53.99 |
| Revenue growth (YoY) | +31.8% | +22.8% | +3.1% | +29.2% | +19.4% | +2.7% | +10.3% | - |
| Other income | 0.21 | 0.17 | 0.77 | 0.18 | (0.01) | 0.39 | 0.81 | 0.22 |
| EBITDA | 6.83 | 4.72 | 3.27 | 5.21 | 6.11 | 4.76 | 5.99 | 3.40 |
| EBITDA margin | +8.4% | +7.2% | +5.6% | +7.5% | +9.9% | +8.9% | +10.7% | +6.3% |
| Depreciation | 1.23 | 1.23 | 1.16 | 1.29 | 1.38 | 1.15 | 1.17 | 1.22 |
| Interest | 1.40 | 1.89 | 2.26 | 2.23 | 1.98 | 2.19 | 2.24 | 1.02 |
| Profit before tax | 4.41 | 1.77 | 0.62 | 1.87 | 2.74 | 1.81 | 3.39 | 1.38 |
| Tax | 0.59 | 0.49 | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 |
| Net profit | 3.82 | 1.28 | 0.24 | 1.40 | 2.37 | 1.23 | 2.78 | 1.10 |
| EPS (₹) | 2.55 | 0.85 | 0.17 | 0.93 | 1.58 | 0.82 | 1.85 | 0.73 |
| 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 | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81.54 | 67.54 | 58.25 | 69.67 | 62.53 | 52.88 | 56.51 | 55.02 |
| Revenue growth (YoY) | +30.4% | +27.7% | +3.1% | +26.6% | +22.2% | +2.3% | - | - |
| Other income | 0.21 | 0.11 | 0.77 | 0.15 | (0.02) | 0.38 | 0.74 | 0.19 |
| Total expenses | 74.71 | 62.45 | 54.72 | 64.26 | 56.09 | 47.88 | 50.39 | 51.46 |
| EBITDA | 6.83 | 5.09 | 3.53 | 5.41 | 6.44 | 5.00 | 6.12 | 3.56 |
| EBITDA margin | +8.4% | +7.5% | +6.1% | +7.8% | +10.3% | +9.5% | +10.8% | +6.5% |
| Depreciation | 1.23 | 1.23 | 1.16 | 1.29 | 1.37 | 1.14 | 1.16 | 1.21 |
| Interest | 1.40 | 1.89 | 2.26 | 2.23 | 1.98 | 2.19 | 2.23 | 1.02 |
| Profit before tax | 4.41 | 2.08 | 0.88 | 2.04 | 3.07 | 2.05 | 3.47 | 1.52 |
| Tax | 0.59 | 0.49 | 0.38 | 0.47 | 0.37 | 0.58 | 0.61 | 0.28 |
| 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) | +6.9% | +7.7% | +15.1% | +23.3% | +14.7% | +12.9% | +14.5% |
| EBITDA CAGR (3Y) | +7.3% | -1.2% | +19.4% | +23.5% | +17.1% | +8.7% | +10.2% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +1.7% | +4.0% | +3.7% | +4.0% | +4.0% | +4.5% |
| Return on capital employed | +10.0% | +7.7% | +12.2% | +11.8% | +12.7% | +12.0% | +11.3% |
| Return on net worth | +7.9% | +4.8% | +12.1% | +12.3% | +12.7% | +11.6% | +11.4% |
| Debt / equity | 1.07 | 1.13 | 1.04 | 0.94 | 0.84 | 0.77 | 0.68 |
| Long-term debt / equity | 0.21 | 0.22 | 0.21 | 0.30 | 0.39 | 0.36 | 0.23 |
| Interest cover | 55.94 | 73.70 | 33.04 | 31.62 | 25.84 | 25.41 | 23.78 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.86 | 2.74 | 3.46 | 3.74 | 3.27 | 3.59 | 4.68 |
| Inventory turnover | 3.13 | 2.85 | 3.36 | 3.65 | 3.74 | 3.93 | 3.46 |
| Debtors turnover | 4.00 | 3.87 | 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 (₹) | 55.00 | 50.65 | 48.21 | 42.83 | 37.61 | 33.12 | 29.48 |
To see the full year-wise statements and ratios of Airo Lam Limited, buy the company report.
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 4 Months | Current |
| Pravinkumar Nathalal Patel | Managing Director | 22 Oct 2007 | 19 Years 0 Months | Current |
| Mamtabahen Premanshu Patel | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Manilal Kanjibhai Patel | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Mehulkumar Jayantilal Patel | Director | 27 Feb 2019 | 7 Years 8 Months | Current |
| Hardik Prafullbhai Patel Also directs: Kedar Formalin LLP | Director | 22 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Airo Lam Limited is audited by Piyush J. Shah & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Piyush J. Shah & Co. | FY 2025 | 121172W |
Shareholding
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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2023 | 100793768 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 23 Mar 2023 | 100694343 | Axis Bank Limited | ₹79.29 Cr | Open | |
| 26 Jul 2019 | 100278550 | Axis Bank Limited | ₹93.24 Cr | Open | |
| 28 Mar 2019 | 100256110 | Axis Bank Limited | ₹79.29 Cr | Open | |
| 10 May 2017 | 100097478 | Others | ₹27.49 Cr | Satisfied |
To see the full charge records of Airo Lam Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Airo Lam Limited has 9 court cases on record: 9 filed by Airo Lam. 2 cases are pending and 7 are disposed.
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 (Guvnl) and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Integrated Work Place Furniture Pvt Ltd | 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 |
To see the full case history of Airo Lam Limited, buy the company report.
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
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 |
To see the full MSME payment records of Airo Lam Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Airo Lam Limited has a workforce of 36 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 36 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Airo Lam Limited, buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Airo Lam Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 latest financial statements of Airo Lam on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
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 a listed company as per MCA records. Its shares are listed on NSE (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.
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.

