Aeroflex Industries Ltd

Aeroflex Enterprises announced that its subsidiary, M.R. Organisation, has acquired 51% equity stake through its USA subsidiary in ABP Impex, based in Portugal (EU) that specialises in providing services for high pressure compressors. With robust EBITDA margins, ABP Impex brings in strong technical expertise in high pressure compressors. ABP Impex is capable of manufacturing all types of parts and providing services for most of the high-pressure compressors in the market. This acquisition represents a strategic expansion of M.R. Organisation''s compressor business, strengthening groups position in the aftermarket and global compressor service sectors. Key benefits include: -'h Expansion of products and services in Portugal, Latin America and Europe for high pressure compressor segment - Cross-selling opportunities across M.R. Organisation''s existing and acquired customer base - Leveraging Marcelo''s deep industry expertise and longstanding client relationships Powered by Capital Market - Live

Aeroflex Industries announced that the Board of Directors of the Company at its meeting held on 30 April 2025, inter alia, have recommended the final dividend of Rs 0.3 per equity Share (i.e. 15%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Aeroflex Industries rose 11.96% to Rs 11.23 crore in the quarter ended March 2025 as against Rs 10.03 crore during the previous quarter ended March 2024. Sales rose 17.90% to Rs 91.69 crore in the quarter ended March 2025 as against Rs 77.77 crore during the previous quarter ended March 2024. For the full year,net profit rose 25.83% to Rs 52.51 crore in the year ended March 2025 as against Rs 41.73 crore during the previous year ended March 2024. Sales rose 18.34% to Rs 376.23 crore in the year ended March 2025 as against Rs 317.91 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales91.6977.77 18 376.23317.91 18 OPM %20.6018.57 -21.0119.44 - PBDT18.8815.69 20 81.2263.51 28 PBT14.9213.95 7 69.9557.25 22 NP11.2310.03 12 52.5141.73 26 Powered by Capital Market - Live

Aeroflex Industries will hold a meeting of the Board of Directors of the Company on 30 April 2025.Powered by Capital Market - Live

Profit before tax stood at Rs 19.66 crore in Q3 FY25, up 47.37% as against Rs 13.34 crore recorded in Q3 FY24. Total expenses rallied 32.36% to Rs 80.70 crore in Q3 FY25 as compared to Rs 60.97 crore reported in Q3 FY24. The cost of materials consumed stood at Rs 58.09 crore (up 17.56% YoY), employee benefit expenses was at Rs 9.21 crore (up 36.84% YoY) during the period under review. On a nine-month basis, the company's net profit advanced 30.18% to Rs 41.27 crore on 18.48% increase in revenue to Rs 284.53 crore in 9M FY25 over 9M FY24. Meanwhile, the company's board has approved the appointment of Kiran C. Kagalkar as the chief operating officer (COO) of the company w.e.f. 1 February 2025. Kiran was the former general manager at Parker Hannifin. Earlier this month, the company announced the commencement of commercial production of a new product, Metal Bellows. The company has a capacity to produce 1.20 lakh pieces annually. The company has added three more lines for sizes up to 20 inches. During the quarter, the company added six new stations and intends to implement automated and robotic assembly lines in the future. Lastly, the company announced the successful commissioning of a 750-kilowatt (KW) rooftop solar project at its manufacturing facility in Taloja. This solar initiative is expected to significantly reduce the company's reliance on non-renewable energy sources, lower electricity costs, and decrease its carbon footprint. The project is a key component of the company's ongoing efforts to integrate renewable energy into its operations and foster a more sustainable environment. Aeroflex Industries manufactures stainless steel corrugated flexible hoses and assemblies at its factory in Navi Mumbai, Maharashtra.Powered by Capital Market - Live

Net profit of Aeroflex Industries rose 68.25% to Rs 15.21 crore in the quarter ended December 2024 as against Rs 9.04 crore during the previous quarter ended December 2023. Sales rose 36.47% to Rs 99.80 crore in the quarter ended December 2024 as against Rs 73.13 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales99.8073.13 36 OPM %21.7418.90 - PBDT22.1814.93 49 PBT19.6713.35 47 NP15.219.04 68 Powered by Capital Market - Live

Aeroflex Industries has commenced commercial production and launched a new product 'Metal Bellows' with an annual production capacity of 1,20,000 pieces. Powered by Capital Market - Live

The announcement was made on Saturday, 14 December 2024. Aeroflex Industries manufactures stainless steel corrugated flexible hoses and assemblies at its factory in Navi Mumbai, Maharashtra. The company had reported 17.96% rise in consolidated net profit to Rs 13.66 crore on a 12.98% increase in sales to Rs 94.99 crore in Q2 FY25 over Q2 FY24. The scrip had declined 1.39% to end at Rs 227.50 on the BSE on Friday. Powered by Capital Market - Live

The Board of Aeroflex Industries at its meeting held on 14 December 2024 has approved the proposal for raising of funds in one or more tranches by way of issuance of such number of equity shares having face value Rs 2/- each of the Company (Equity Shares) for an aggregate amount not exceeding Rs 400 crore by way of qualified institutions placement (QIP) or other permissible modes in accordance with the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended from time to time and other applicable laws subject to the receipt of the necessary approvals including the approval of the members of the Company and other regulatory approvals, as may be required. Powered by Capital Market - Live

Aeroflex Industries will hold a meeting of the Board of Directors of the Company on 14 December 2024.Powered by Capital Market - Live