- Valuation
- ₹32,620 Cr

About AIA Engineering
AIA Engineering is a publicly listed company based in Ahmedabad (India) founded in 1979 by Bhadresh Shah. Wear-resistant parts for mining and cement industries are manufactured. The company has 3,690 employees. Its Indian entity Aia Engineering Limited reported revenue of βΉ4,910 Cr. Its focus areas include Mining and Mining Equipment.
Company details
Vega Industries was founded in 1979 in Ahmedabad, India. Wear-resistant parts for the mining and cement sectors are designed, manufactured, and serviced for grinding applications. Engineered solutions are provided to support reliability and process efficiency, with materials adapted to operational needs. Services include design modeling, relining supervision, wear monitoring, grinding circuit optimization, installation assistance, and maintenance.
Recognitions & Rankings of AIA Engineering
- Headquarters Ahmedabad, India
- Employees 3,690
- Founders Bhadresh Shah
- Stage Public
- SectorsNatural Resources
- Website aiaengineering.com
- Social LinkedIn
- Legal Name Aia Engineering Limited
- Market Cap₹33,945 Cr
AIAENG · NSE
- Share Price₹3,595.90
-1.14% today
- Revenue₹4,422 Cr
FY 2025-26 · +3.1% YoY
- EBITDA₹1,258 Cr
Margin 28.5%
- Net Profit₹1,270 Cr
FY 2025-26 · +19.8% YoY
- P/E (TTM)26.5x
P/B 4.2x
- ROE17.0%
ROCE 21.1%
- Debt / Equity0.03
Interest cover 3.6x
- Latest Funding Round$8.1M (USD), Post-IPO
Nov 2011
- Investors
- Employee Count3,690
Associated legal entities of AIA Engineering
AIA Engineering operates through Aia Engineering Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aia Engineering Limited Listed CIN L29259GJ1991PLC015182 | Active | 11 Mar 1991 | Ahmedabad, Gujarat | ₹4,910 Cr | 4,420 | 12 | View details |
Funding Insights of AIA Engineering
- Total Rounds 1
- Last Round Post-IPO β $8.1M
- First Round $8.1M
(Nov 2011)
- Investors Count 1
All 1 funding rounds of AIA Engineering with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2011 | $8.1M | Post-IPO | β | β |
1 investors in total: 1 institutional.
Investors in AIA Engineering
AIA Engineering has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nalanda Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in exceptional businesses within Indian public markets, focusing on small to mid-cap companies. | 2007 | nalandacapital.com |
Investor details for AIA Engineering
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Aia Engineering Limited (AIA Engineering)
Aia Engineering Limited is the primary company behind AIA Engineering. The board of Aia Engineering Limited currently have 10 directors; the longest-serving is Bhadresh Kantilal Shah, appointed in 1991. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhadresh Kantilal Shah DIN 00058177 | Managing Director | 11 Mar 1991 | 35 yrs 7 mo | Aia Engineering Limited |
| Yashwant Manubhai Patel DIN 02103312 | Whole-time director | 12 Nov 2010 | 15 yrs 11 mo | Aia Engineering Limited |
| Bhumika Shyamal Shodhan DIN 02099400 | Director | 07 Nov 2014 | 11 yrs 11 mo | Aia Engineering Limited |
| Khushali Samip Solanki DIN 07008918 | Director | 07 Nov 2014 | 11 yrs 11 mo | Aia Engineering Limited |
| Janaki Udayanbhai Shah DIN 00343343 | Director | 26 Mar 2019 | 7 yrs 7 mo | Aia Engineering Limited |
| Piyush Balvantlal Shah DIN 00155760 | Director | 09 Sep 2024 | 2 yrs 1 mo | Aia Engineering Limited |
| Sanjay Shaileshbhai Majmudar DIN 00091305 | Director | 13 Sep 2024 | 2 yrs 1 mo | Aia Engineering Limited |
| Udayan Dileep Choksi DIN 02222020 | Director | 20 Sep 2025 | 1 yr 1 mo | Aia Engineering Limited |
| Nitin Chandrashanker Shukla DIN 00041433 | Director | 30 Jan 2026 | 9 mo | Aia Engineering Limited |
| Malay Jayendra Dalal DIN 01896746 | Director | 20 Apr 2026 | 6 mo | Aia Engineering Limited |
People of AIA Engineering
19 people are tracked at AIA Engineering (10 in leadership, 9 in team); the tracked headcount is 3,690.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Maulik Shah | General Manager | Leadership |
Kunal Shah | Executive Director | Leadership |
Viren Thakkar | Chief Financial Officer | Leadership |
| Whole-time Director | Leadership | |
Kaushik Pandya | General Manager-hr & IR | Leadership |
Anurag Kothawala | Vice President (commercial) | Leadership |
Boopalan G | General Manager | Leadership |
Shivam Joshi | Plant HR Head | Leadership |
Mahesh Painuly | Head HR Business Partner | Leadership |
Susovan Mondal | Senior Electrical Engineer | Team |
Malay Bhalakia | Assistant Manager-it | Team |
Maulik Thaker | Planning Engineer | Team |
Prakash Patel | AGM - Purchase | Team |
Pratik Sharma | Assistant Manager Information Technology | Team |
Amrish Patel | Deputy Manager Procurement | Team |
Rakesh Gandhi | A.g.m. Project Purchase | Team |
N K Sinha | Senior Manager -hr ,ir & Admin | Team |
Aakash Joshi | Sales Manager | Team |
Complete people profiles for AIA Engineering
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of AIA Engineering
AIA Engineering is a publicly listed company on the NSE with ticker symbol AIAENG in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Dec 2005
- Listed onBSE: 532683 · NSE: AIAENG
- Listed entityAIA Engineering Limited
- Exchange sectorProducer manufacturing
- ISININE212H01026
- Share price₹3,731.60 (-0.34% on the day) · 2026-10-14
- Market capitalisation₹34,972 Cr
- Price to earnings27.5
- EPS (diluted, trailing year)₹135.69
- Dividend yield0.43%
- Volume (last session)47,958
Financials of AIA Engineering
Exchange-reported figures of Aia Engineering Limited, the listed company behind AIA Engineering (NSE: AIAENG).
Financial Highlights
FY 2025-26 Β· 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 | 4,422 | 4,290 | 4,854 | 4,909 | 3,567 | 2,881 | 2,970 |
| Revenue growth | +3.1% | -11.6% | -1.1% | +37.6% | +23.8% | -3.0% | - |
| EBITDA | 1,258 | 1,154 | 1,339 | 1,245 | 726 | 659 | 685 |
| EBITDA margin | +28.5% | +26.9% | +27.6% | +25.4% | +20.3% | +22.9% | +23.1% |
| Profit before tax | 1,592 | 1,368 | 1,488 | 1,362 | 781 | 730 | 719 |
| Net profit | 1,270 | 1,061 | 1,130 | 1,047 | 619 | 540 | 563 |
| Net profit margin | +28.7% | +24.7% | +23.3% | +21.3% | +17.3% | +18.8% | +19.0% |
| EPS (βΉ) | 136.11 | 113.67 | 120.40 | 111.95 | 65.70 | 60.02 | 62.59 |
| Balance sheet | |||||||
| Total assets | 8,066 | 7,438 | 7,146 | 6,216 | 4,788 | 4,462 | 3,844 |
| Net worth | 8,025 | 6,927 | 6,658 | 5,691 | 4,755 | 4,244 | 3,701 |
| Total debt | 10.27 | 491 | 461 | 503 | 9.83 | 193 | 112 |
| Cash & bank | 224 | 438 | 554 | 806 | 506 | 1,395 | 155 |
| Net working capital | 2,567 | 2,311 | 2,731 | 2,684 | 2,373 | 2,659 | 1,476 |
| Cash flow | |||||||
| Cash from operations | 592 | 1,162 | 903 | 868 | (39.55) | 598 | 679 |
| Cash from investing | (114) | (203) | (819) | (1,212) | 101 | (351) | (310) |
| Cash from financing | (660) | (743) | (211) | 395 | (267) | 66.54 | (429) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,168 | 1,266 | 1,067 | 1,048 | 1,039 | 1,157 | 1,066 | 1,044 |
| Revenue growth (YoY) | +12.4% | +9.4% | +0.1% | +0.3% | +1.9% | - | - | - |
| Other income | 117 | 140 | 135 | 98.73 | 114 | 97.90 | 71.50 | 90.53 |
| EBITDA | 308 | 363 | 287 | 297 | 306 | 302 | 283 | 276 |
| EBITDA margin | +26.7% | +29.0% | +27.4% | +28.8% | +29.9% | +26.4% | +27.0% | +26.8% |
| Depreciation | 29.06 | 28.84 | 28.21 | 27.95 | 27.70 | 27.95 | 26.19 | 23.58 |
| Interest | 0.45 | 5.38 | 16.23 | 7.70 | 7.20 | 8.45 | 0.99 | 5.27 |
| Profit before tax | 395 | 468 | 378 | 360 | 385 | 363 | 327 | 337 |
| Tax | 94.05 | 75.11 | 84.91 | 82.49 | 80.33 | 77.77 | 68.51 | 80.91 |
| Net profit | 301 | 393 | 293 | 277 | 305 | 285 | 259 | 256 |
| EPS (βΉ) | 32.27 | 42.15 | 31.54 | 29.73 | 32.69 | 30.55 | 27.78 | 27.29 |
| 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 | 3,765 | 3,488 | 4,144 | 4,045 | 3,082 | 2,473 | 2,577 |
| Revenue growth | +7.9% | -15.8% | +2.5% | +31.3% | +24.6% | -4.0% | - |
| EBITDA | 1,143 | 968 | 1,164 | 1,055 | 578 | 599 | 574 |
| EBITDA margin | +30.4% | +27.8% | +28.1% | +26.1% | +18.7% | +24.2% | +22.3% |
| Profit before tax | 1,609 | 1,320 | 1,465 | 1,267 | 752 | 648 | 957 |
| Net profit | 1,273 | 1,021 | 1,124 | 961 | 583 | 460 | 805 |
| Net profit margin | +33.8% | +29.3% | +27.1% | +23.8% | +18.9% | +18.6% | +31.2% |
| EPS (βΉ) | 136.84 | 109.46 | 119.75 | 102.72 | 61.97 | 51.41 | 88.27 |
| Balance sheet | |||||||
| Total assets | 7,864 | 7,202 | 6,922 | 5,980 | 4,606 | 4,291 | 3,742 |
| Net worth | 7,843 | 6,706 | 6,456 | 5,473 | 4,595 | 4,094 | 3,612 |
| Total debt | 10.27 | 491 | 461 | 502 | 6.25 | 189 | 122 |
| Cash & bank | 59.11 | 140 | 422 | 612 | 423 | 1,148 | 44.60 |
| Net working capital | 2,611 | 2,245 | 2,689 | 2,559 | 2,269 | 2,547 | 1,405 |
| Cash flow | |||||||
| Cash from operations | 537 | 857 | 766 | 647 | 31.20 | 430 | 492 |
| Cash from investing | 73.76 | (61.81) | (619) | (1,110) | 192 | (320) | (43.13) |
| Cash from financing | (660) | (744) | (210) | 400 | (264) | 68.08 | (430) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 890 | 991 | 979 | 960 | 833 | 861 | 908 | 814 |
| Revenue growth (YoY) | +6.9% | +15.2% | +7.9% | +17.9% | -7.9% | - | - | - |
| Other income | 105 | 137 | 266 | 99.72 | 113 | 241 | 65.51 | 88.66 |
| Total expenses | 629 | 689 | 673 | 659 | 600 | 640 | 673 | 585 |
| EBITDA | 261 | 302 | 306 | 301 | 233 | 221 | 235 | 229 |
| EBITDA margin | +29.8% | +30.9% | +31.8% | +31.9% | +28.4% | +26.2% | +26.4% | +28.6% |
| Depreciation | 28.34 | 28.27 | 27.62 | 27.33 | 27.17 | 27.32 | 25.61 | 23.00 |
| Interest | 0.45 | 5.37 | 16.17 | 7.70 | 7.19 | 8.40 | 0.98 | 5.26 |
| Profit before tax | 337 | 405 | 528 | 365 | 311 | 426 | 274 | 290 |
| Tax | 84.44 | 73.88 | 92.88 | 88.22 | 77.03 | 75.15 | 67.33 | 72.51 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,168 | 1,266 | 1,067 | 1,048 | 1,039 | 1,157 | 1,066 | 1,044 |
| Revenue growth (YoY) | +12.4% | +9.4% | +0.1% | +0.3% | +1.9% | - | - | - |
| Other income | 117 | 140 | 135 | 98.73 | 114 | 97.90 | 71.50 | 90.53 |
| EBITDA | 308 | 363 | 287 | 297 | 306 | 302 | 283 | 276 |
| EBITDA margin | +26.7% | +29.0% | +27.4% | +28.8% | +29.9% | +26.4% | +27.0% | +26.8% |
| Depreciation | 29.06 | 28.84 | 28.21 | 27.95 | 27.70 | 27.95 | 26.19 | 23.58 |
| Interest | 0.45 | 5.38 | 16.23 | 7.70 | 7.20 | 8.45 | 0.99 | 5.27 |
| Profit before tax | 395 | 468 | 378 | 360 | 385 | 363 | 327 | 337 |
| Tax | 94.05 | 75.11 | 84.91 | 82.49 | 80.33 | 77.77 | 68.51 | 80.91 |
| Net profit | 301 | 393 | 293 | 277 | 305 | 285 | 259 | 256 |
| EPS (βΉ) | 32.27 | 42.15 | 31.54 | 29.73 | 32.69 | 30.55 | 27.78 | 27.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,422 | 4,290 | 4,854 | 4,909 | 3,567 | 2,881 | 2,970 |
| Revenue growth | +3.1% | -11.6% | -1.1% | +37.6% | +23.8% | -3.0% | - |
| Other income | 488 | 343 | 283 | 235 | 156 | 172 | 142 |
| Total expenses | 3,163 | 3,137 | 3,515 | 3,663 | 2,841 | 2,222 | 2,285 |
| Employee cost | 199 | 185 | 171 | 152 | 139 | 134 | 134 |
| EBITDA | 1,258 | 1,154 | 1,339 | 1,245 | 726 | 659 | 685 |
| EBITDA margin | +28.5% | +26.9% | +27.6% | +25.4% | +20.3% | +22.9% | +23.1% |
| Depreciation | 113 | 103 | 100 | 93.04 | 92.12 | 93.50 | 97.88 |
| Interest | 41.70 | 25.65 | 33.43 | 24.84 | 8.50 | 8.19 | 10.07 |
| Profit before tax | 1,592 | 1,368 | 1,488 | 1,362 | 781 | 730 | 719 |
| Tax | 323 | 308 | 351 | 306 | 162 | 164 | 128 |
| Net profit | 1,270 | 1,061 | 1,130 | 1,047 | 619 | 540 | 563 |
| Net profit margin | +28.7% | +24.7% | +23.3% | +21.3% | +17.3% | +18.8% | +19.0% |
| EPS (βΉ) | 136.11 | 113.67 | 120.40 | 111.95 | 65.70 | 60.02 | 62.59 |
| 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 | 18.66 | 18.66 | 18.86 | 18.86 | 18.86 | 18.86 | 18.86 |
| Reserves & surplus | 8,007 | 6,908 | 6,639 | 5,672 | 4,736 | 4,225 | 3,682 |
| Shareholders' funds (net worth) | 8,025 | 6,927 | 6,658 | 5,691 | 4,755 | 4,244 | 3,701 |
| Minority interest | 8.88 | 10.08 | 10.29 | 8.94 | 8.48 | 8.82 | 9.25 |
| Secured loans | 0.00 | 485 | 77.24 | 77.00 | 1.27 | 73.47 | 96.95 |
| Unsecured loans | 10.27 | 5.57 | 384 | 426 | 8.56 | 119 | 15.00 |
| Total debt | 10.27 | 491 | 461 | 503 | 9.83 | 193 | 112 |
| Total liabilities | 8,066 | 7,438 | 7,146 | 6,216 | 4,788 | 4,462 | 3,844 |
| Assets | |||||||
| Gross block | 2,170 | 2,015 | 1,857 | 1,656 | 1,352 | 1,283 | 1,293 |
| Net block | 1,233 | 1,175 | 1,110 | 1,003 | 790 | 811 | 890 |
| Capital work in progress | 15.89 | 76.95 | 92.17 | 107 | 210 | 161 | 32.35 |
| Investments | 4,302 | 3,919 | 3,043 | 2,254 | 1,055 | 809 | 1,418 |
| Inventories | 1,256 | 1,017 | 1,205 | 1,218 | 1,226 | 755 | 778 |
| Sundry debtors | 1,169 | 826 | 880 | 861 | 800 | 638 | 648 |
| Cash & bank balances | 224 | 438 | 554 | 806 | 506 | 1,395 | 155 |
| Loans & advances | 288 | 329 | 383 | 174 | 140 | 119 | 145 |
| Total current assets | 2,936 | 2,610 | 3,022 | 3,059 | 2,672 | 2,908 | 1,727 |
| Total current liabilities | 369 | 299 | 291 | 375 | 299 | 249 | 251 |
| Net working capital | 2,567 | 2,311 | 2,731 | 2,684 | 2,373 | 2,659 | 1,476 |
| Total assets | 8,066 | 7,438 | 7,146 | 6,216 | 4,788 | 4,462 | 3,844 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 397 | 180 | 307 | 257 | 462 | 148 | 208 |
| Net cash from operating activities | 592 | 1,162 | 903 | 868 | (39.55) | 598 | 679 |
| Net cash from investing activities | (114) | (203) | (819) | (1,212) | 101 | (351) | (310) |
| Net cash from financing activities | (660) | (743) | (211) | 395 | (267) | 66.54 | (429) |
| Net change in cash | (182) | 217 | (127) | 50.77 | (205) | 314 | (59.82) |
| Closing cash | 224 | 438 | 554 | 806 | 506 | 1,395 | 155 |
| 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 | +3.1% | -11.6% | -1.1% | +37.6% | +23.8% | -3.0% | - |
| EBITDA growth | +9.1% | -13.8% | +7.5% | +71.6% | +10.1% | -3.7% | - |
| PBT growth | +16.3% | -8.0% | +9.3% | +74.3% | +7.1% | +1.5% | +3.5% |
| Net income growth | +19.8% | -6.1% | +7.9% | +69.3% | +14.5% | -4.0% | - |
| Revenue CAGR (3Y) | -3.4% | +6.4% | +19.0% | +18.2% | +5.1% | +5.6% | +9.8% |
| EBITDA CAGR (3Y) | +0.3% | +16.7% | +26.6% | +22.1% | +3.0% | +6.9% | +2.4% |
| Profitability & leverage | |||||||
| Net income margin | +28.7% | +24.7% | +23.4% | +21.5% | +17.4% | +19.6% | +19.9% |
| Return on capital employed | +21.1% | +19.1% | +22.8% | +25.3% | +17.1% | +17.8% | +19.5% |
| Return on net worth | +17.0% | +15.6% | +18.4% | +20.2% | +13.8% | +14.2% | +16.4% |
| Debt / equity | 0.03 | 0.07 | 0.08 | 0.05 | 0.02 | 0.04 | 0.03 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 3.64 | 2.44 | 2.70 | 2.16 | 1.34 | 1.45 | 1.72 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.11 | 2.22 | 2.76 | 3.26 | 2.71 | 2.24 | 2.44 |
| Inventory turnover | 3.89 | 3.86 | 4.01 | 4.02 | 3.60 | 3.76 | 3.81 |
| Debtors turnover | 4.43 | 5.03 | 5.58 | 5.91 | 4.96 | 4.48 | 4.40 |
| EPS (βΉ) | 136.11 | 113.67 | 120.40 | 111.95 | 65.70 | 60.02 | 62.59 |
| Dividend per share (βΉ) | 16.00 | 16.00 | 16.00 | 16.00 | 9.00 | 9.00 | 27.00 |
| Book value per share (βΉ) | 859.98 | 742.28 | 705.86 | 603.40 | 504.13 | 449.99 | 392.42 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 890 | 991 | 979 | 960 | 833 | 861 | 908 | 814 |
| Revenue growth (YoY) | +6.9% | +15.2% | +7.9% | +17.9% | -7.9% | - | - | - |
| Other income | 105 | 137 | 266 | 99.72 | 113 | 241 | 65.51 | 88.66 |
| Total expenses | 629 | 689 | 673 | 659 | 600 | 640 | 673 | 585 |
| EBITDA | 261 | 302 | 306 | 301 | 233 | 221 | 235 | 229 |
| EBITDA margin | +29.8% | +30.9% | +31.8% | +31.9% | +28.4% | +26.2% | +26.4% | +28.6% |
| Depreciation | 28.34 | 28.27 | 27.62 | 27.33 | 27.17 | 27.32 | 25.61 | 23.00 |
| Interest | 0.45 | 5.37 | 16.17 | 7.70 | 7.19 | 8.40 | 0.98 | 5.26 |
| Profit before tax | 337 | 405 | 528 | 365 | 311 | 426 | 274 | 290 |
| Tax | 84.44 | 73.88 | 92.88 | 88.22 | 77.03 | 75.15 | 67.33 | 72.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,765 | 3,488 | 4,144 | 4,045 | 3,082 | 2,473 | 2,577 |
| Revenue growth | +7.9% | -15.8% | +2.5% | +31.3% | +24.6% | -4.0% | - |
| Other income | 615 | 475 | 428 | 323 | 270 | 145 | 485 |
| Total expenses | 2,622 | 2,520 | 2,980 | 2,989 | 2,504 | 1,874 | 2,003 |
| Employee cost | 139 | 130 | 123 | 110 | 103 | 98.06 | 99.53 |
| EBITDA | 1,143 | 968 | 1,164 | 1,055 | 578 | 599 | 574 |
| EBITDA margin | +30.4% | +27.8% | +28.1% | +26.1% | +18.7% | +24.2% | +22.3% |
| Depreciation | 110 | 101 | 98.22 | 91.15 | 89.84 | 90.97 | 95.51 |
| Interest | 37.84 | 21.99 | 29.40 | 19.78 | 4.92 | 4.98 | 6.73 |
| Profit before tax | 1,609 | 1,320 | 1,465 | 1,267 | 752 | 648 | 957 |
| Tax | 332 | 299 | 335 | 298 | 168 | 163 | 125 |
| Net profit | 1,273 | 1,021 | 1,124 | 961 | 583 | 460 | 805 |
| Net profit margin | +33.8% | +29.3% | +27.1% | +23.8% | +18.9% | +18.6% | +31.2% |
| EPS (βΉ) | 136.84 | 109.46 | 119.75 | 102.72 | 61.97 | 51.41 | 88.27 |
| 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 | 18.66 | 18.66 | 18.86 | 18.86 | 18.86 | 18.86 | 18.86 |
| Reserves & surplus | 7,824 | 6,688 | 6,437 | 5,454 | 4,576 | 4,076 | 3,593 |
| Shareholders' funds (net worth) | 7,843 | 6,706 | 6,456 | 5,473 | 4,595 | 4,094 | 3,612 |
| Secured loans | 0.00 | 485 | 77.24 | 77.00 | 0.00 | 70.00 | 92.95 |
| Unsecured loans | 10.27 | 5.56 | 384 | 425 | 6.25 | 119 | 29.08 |
| Total debt | 10.27 | 491 | 461 | 502 | 6.25 | 189 | 122 |
| Total liabilities | 7,864 | 7,202 | 6,922 | 5,980 | 4,606 | 4,291 | 3,742 |
| Assets | |||||||
| Gross block | 2,096 | 1,944 | 1,784 | 1,584 | 1,280 | 1,215 | 1,225 |
| Net block | 1,204 | 1,152 | 1,086 | 980 | 766 | 789 | 865 |
| Capital work in progress | 14.62 | 76.87 | 92.17 | 107 | 210 | 161 | 32.35 |
| Investments | 4,133 | 3,807 | 2,927 | 2,208 | 1,028 | 792 | 1,433 |
| Inventories | 694 | 616 | 695 | 628 | 628 | 420 | 435 |
| Sundry debtors | 1,854 | 1,362 | 1,391 | 1,444 | 1,295 | 1,067 | 968 |
| Cash & bank balances | 59.11 | 140 | 422 | 612 | 423 | 1,148 | 44.60 |
| Loans & advances | 229 | 321 | 360 | 148 | 123 | 97.04 | 132 |
| Total current assets | 2,837 | 2,438 | 2,867 | 2,832 | 2,469 | 2,731 | 1,580 |
| Total current liabilities | 226 | 192 | 179 | 273 | 200 | 184 | 175 |
| Net working capital | 2,611 | 2,245 | 2,689 | 2,559 | 2,269 | 2,547 | 1,405 |
| Total assets | 7,864 | 7,202 | 6,922 | 5,980 | 4,606 | 4,291 | 3,742 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 101 | 50.05 | 114 | 177 | 217 | 38.81 | 20.66 |
| Net cash from operating activities | 537 | 857 | 766 | 647 | 31.20 | 430 | 492 |
| Net cash from investing activities | 73.76 | (61.81) | (619) | (1,110) | 192 | (320) | (43.13) |
| Net cash from financing activities | (660) | (744) | (210) | 400 | (264) | 68.08 | (430) |
| Net change in cash | (48.83) | 50.48 | (63.66) | (63.20) | (40.18) | 178 | 18.15 |
| Closing cash | 59.11 | 140 | 422 | 612 | 423 | 1,148 | 44.60 |
| 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 | +7.9% | -15.8% | +2.5% | +31.3% | +24.6% | -4.0% | - |
| EBITDA growth | +18.0% | -16.8% | +10.3% | +82.7% | -3.6% | +4.4% | - |
| PBT growth | +21.9% | -9.8% | +15.6% | +68.4% | +16.1% | -32.3% | +59.1% |
| Net income growth | +24.7% | -9.2% | +17.0% | +64.6% | +26.8% | -42.8% | - |
| Revenue CAGR (3Y) | -2.4% | +4.2% | +18.8% | +16.2% | +2.8% | +4.8% | +7.7% |
| EBITDA CAGR (3Y) | +2.7% | +18.8% | +24.8% | +22.5% | +0.3% | +8.7% | +0.9% |
| Profitability & leverage | |||||||
| Net income margin | +33.9% | +29.3% | +27.3% | +24.0% | +19.0% | +19.6% | +32.3% |
| Return on capital employed | +21.9% | +19.0% | +23.2% | +24.3% | +17.0% | +16.3% | +27.4% |
| Return on net worth | +17.6% | +15.5% | +18.9% | +19.3% | +13.5% | +12.6% | +24.5% |
| Debt / equity | 0.03 | 0.07 | 0.08 | 0.05 | 0.02 | 0.04 | 0.04 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 3.67 | 2.54 | 2.76 | 2.05 | 1.01 | 0.98 | 1.41 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.86 | 1.87 | 2.46 | 2.82 | 2.47 | 2.03 | 2.24 |
| Inventory turnover | 5.75 | 5.32 | 6.27 | 6.44 | 5.88 | 5.79 | 5.80 |
| Debtors turnover | 2.34 | 2.53 | 2.92 | 2.95 | 2.61 | 2.43 | 2.77 |
| EPS (βΉ) | 136.84 | 109.46 | 119.75 | 102.72 | 61.97 | 51.41 | 88.27 |
| Dividend per share (βΉ) | 16.00 | 16.00 | 16.00 | 16.00 | 9.00 | 9.00 | 27.00 |
| Book value per share (βΉ) | 840.42 | 718.62 | 684.46 | 580.26 | 487.16 | 434.10 | 382.98 |
Timeline of AIA Engineering
3 dated milestones of AIA Engineering across 32 years, from founding to its latest funding, stage changes and deals.
- Founded AIA Engineering is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $8.1M.
Web traffic of AIA Engineering
The website of AIA Engineering (aiaengineering.com) receives about 9.6K visits a month.
- Monthly visits9.6K
▼ 35.2% vs previous month
Websites whose visitors overlap most with AIA Engineering. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
weirminerals.com | weirminerals.com | 100% | β | ||
| unicast.ca | 70% | View details | |||
| thecementgrindingoffice.com | 68% | #11,543,343 | View details | ||
| ace-cranes.com | 63% | 48.7K | #345,929 | View details | |
| columbiasteel.com | 62% | #11,338,040 | View details | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 8 similar websites and full traffic analytics for AIA Engineering
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- Audience overlap
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Top companies in Mining Equipment
2 companies that operate in the same segment as AIA Engineering (Mining Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Produces heavy machinery like excavators and cranes for construction and mining projects. | 2002 | Pune, Maharashtra, India | USD 739.01 M | 760 | ||
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | USD 67.25 M | 2,310 |
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Related news about Aia Engineering
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Frequently Asked Questions about AIA Engineering
AIA Engineering was founded in 1979 and raised its 1st funding round 32 years after it was founded.
AIA Engineering is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
AIA Engineering has 3,690 employees.
The primary company behind AIA Engineering, Aia Engineering Limited, reported revenue of βΉ4,910 Cr for FY 2026, up 3% year on year.
Vega Industries was founded in 1979 in Ahmedabad, India. Wear-resistant parts for the mining and cement sectors are designed, manufactured, and serviced for grinding applications. Engineered solutions are provided to support reliability and process efficiency, with materials adapted to operational needs. Services include design modeling, relining supervision, wear monitoring, grinding circuit optimization, installation assistance, and maintenance.
Yes, AIA Engineering is publicly traded on NSE under the ticker symbol AIAENG.
AIA Engineering has 1 investor. Key investors include Nalanda Capital.
AIA Engineering operates through Aia Engineering Limited.
The legal entities of AIA Engineering currently have 12 directors, including Yashwant Manubhai Patel, Sanjay Shaileshbhai Majmudar, Bhumika Shyamal Shodhan and others.
