AERONEUIndustrials

Aeroflex Neu Limited

Packaging · ISIN INE035801013 · BSE 543743 · NSE EQ · FV ₹10
Last price
₹80
-1.81%today
What this company does

Aeroflex Neu Limited operates in Packaging, part of the Industrials sector. It booked ₹36 cr of revenue in its latest quarter (Q2 FY27) and kept -10.9% of sales as profit.

In the report:
46out of 100
Equitytale Health Score
Mixed

Healthier than 46% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 125–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
67

At close. Not part of the score.

Profitability & returns4

How much profit it earns on the money it employs

Balance sheet44

How much it owes, and whether earnings cover the interest

Cash quality64

Whether reported profit actually arrives as cash

Growth & consistency55

Whether sales and profit have grown, and how steadily

Valuation53

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Promoters hold 60%
✓ No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -10.9% net margin
! Low -16.0% return on equity

What if I invest in AERONEU?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹80▼ -1.81%
latest close · 2026-11-04
52-wk low ₹6474 sessions so far52-wk high ₹94
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio2.11Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-16.0%Loss
WeakFairStrong ▸15%
Return on capital-13.1%Loss
WeakFairStrong
Net margin-10.9%Loss
ThinDecentStrong
EBITDA margin-6.4%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.20Comfortable
LowModerateHigh ▸1
Interest cover-5.6×Risky
RiskyOkayStrong ▸5×
Current ratio2.62Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹206 cr
Book value
₹38
EPS
₹-1.51
latest quarter
Net debt
₹19 cr
owes more than its cash
Enterprise value
₹225 cr
EBITDA
₹-9 cr
annualised
EBIT
₹-13 cr
annualised
Operating margin
-9.4%
Return on assets
-11.7%
Earnings yield
—
P/S
1.44
Sales / share
₹55.4
Tax rate
—
Face value
₹10
Shares
2.6 cr
Working capital
₹51 cr
Current assets
₹83 cr
Current liabilities
₹32 cr
Delivery %
55.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹3–₹7, midpoint ₹5

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹36 cr
Other Income₹75.7 L
Total Income₹37 cr
Cost of Materials₹21 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹3 cr
Finance Costs₹59.8 L
Depreciation & Amortisation₹1 cr
Other Expenses₹10 cr
Total Expenses₹36 cr
Exceptional Items₹-4 cr
Profit before Tax₹-4 cr
Tax Expense₹-3.6 L
Net Profit₹-4 cr
Net margin on total income-10.7%
Where the money goes · Q2 FY27
% of total spend
Materials + stock-in-trade₹22 cr61.5%
Employee benefit expense₹3 cr7.2%
Finance costs₹59.8 L1.7%
Depreciation & amortisation₹1 cr2.9%
Other expenses₹10 cr26.7%
Total income ₹37 cr

The company made a net loss of ₹4 cr this quarter — income covered only ₹101 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue34 cr28 cr36 cr
Total income36 cr29 cr37 cr
Expenses35 cr29 cr36 cr
Profit before tax-1.9 L18.2 L-4 cr
Tax85 L9.8 L-3.6 L
Net profit (owners' share)-88.8 L6.9 L-4 cr
Net margin (owners' share, on revenue)-2.6%0.2%-10.9%
EPS (₹)-0.340.03-1.51
YoY (latest quarter): total income +0.9% · net profit —
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹134 cr
Shareholder equity
₹98 cr
parent shareholders
Total debt
₹20 cr
Cash
₹70.5 L
Cash flow · H1 FY27
Operating
₹7 cr
Investing
₹-12 cr
Financing
₹-5 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹225₹7,213 cr18.3
AGI Greenpac Limited₹632₹4,087 cr15.4
UFLEX Limited₹559₹4,035 cr2.4
TCPL Packaging Limited₹4,188₹3,811 cr23.8
Jindal Poly Films Limited₹700₹3,065 cr8.8
Polyplex Corporation Limited₹907₹2,846 cr7.8
Xpro India Limited₹997₹2,339 cr73.7
Knack Packaging Limited₹187₹2,283 cr22.5
COSMO FIRST LIMITED₹767₹2,013 cr5.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
—
trailing 12 months
Dividend / share (TTM)
—
Last dividend
₹0.5
ex 7 Jul 2023
ActionDetailEx-date
Dividend₹0.5 / share7 Jul 2023
Who owns it · 2026-09-30
No pledge
Promoter
60.5%
FII / Foreign
3.6%
DII / Domestic
0.4%
Retail / others
35.5%
Smart-money activity
Bulk / block deals
BoughtSIDDHISURI FINVEST PRIVATE LIMITED · NSE1.57 L @ ₹90.51 Jun 26
SoldJAINAM BROKING LIMITED · NSE1.57 L @ ₹90.51 Jun 26
SoldL7 HITECH PRIVATE LIMITED · NSE1.32 L @ ₹75.9914 Oct 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 22 Oct 2026
See the official result
1
Approval for Alteration of object clause of the Memorandum of Association of the Company
Backed by 100% of shareholders other than promotersneeded 75%
21.19 L votes for, 12 against · 0% of mutual funds and other big investors said no
2
Approval for modification of objects of utilisation of proceeds from preferential issue of warrants
Backed by 100% of shareholders other than promotersneeded 75%
21.19 L votes for, 12 against · 0% of mutual funds and other big investors said no
3
Approval of Material Related Party Transaction with Aeroflex Enterprises Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
9.75 L votes for, 12 against · 0% of mutual funds and other big investors said no
4
Approval of Material Related Party Transaction with Aeroflex Finance Private Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
9.75 L votes for, 12 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 60.5% between them · as of 2026-09-30
Aeroflex Enterprises Limited55.50%
Sat Invest Pvt Ltd4.96%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it
1 fundraise spent differently than promised

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹65 cr raised in Jul 2026 by selling shares to selected investors
⚑ company reported a change of plan

As of Sep 2026, the company says it has spent 12% of what it set aside, leaving ₹57 cr still to be spent.

“The variation is on account of modification of the object of utilisation of proceeds to enable the Company to construct, build, operate, establish, develop, acquire, purchase land for, and invest in Plug and Play Office Complexes, AI Parks, IT Parks, Data Centers, residential and industrial complexes, including hotels, resorts and other hospitality related businesses, whether directly or through subsidiary(ies) or in joint collaborations, as approved by the shareholders of the Company.”the company’s own explanation, as filed · shareholders approved the change
To Construct, build, operate, establish, develop, acquire, purchase of land for, and invest in, Plug and Play Office complex, AI Park, IT Park, residential and industrial complexes through self, subsidiary(ies) or in joint collaboration
now filed as: To construct, build, operate, establish, develop, acquire, purchase land for, and invest in Plug and Play Office Complexes, AI Parks, IT Parks, Data Centers, residential and industrial complexes, including hotels, resorts and other hospitality related businesses, whether directly or through subsidiary(ies) or in joint collaborations.
0%
₹0 cr of ₹40 cr
Long-term working capital requirements
23%
₹3 cr of ₹12 cr
Preferential Issue expenses
41%
₹10.3 L of ₹25 L
General Corporate Purpose
41%
₹5 cr of ₹13 cr
₹65 cr raised in Jul 2025 by selling shares to selected investors

As of Jun 2026, the company says it has spent 12% of what it set aside, leaving ₹57 cr still to be spent.

To Construct, build, operate, establish, develop, acquire, purchase of land for, and invest in, Plug and Play Office complex, AI Park, IT Park, residential and industrial complexes through self, subsidiary or in joint collaboration
0%
₹0 cr of ₹40 cr
Long-term working capital requirements
23%
₹3 cr of ₹12 cr
Preferential Issue expenses
41%
₹10.3 L of ₹25 L
General Corporate Purpose
41%
₹5 cr of ₹13 cr
Spent by quarter: 0% → 0% → 0% → 12% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.