- 16 Jan 2025
- ICICI Securities
AEROFLEX INDUSTRIES LIMITED ACHIEVED ITS HIGHEST QUARTERLY REVENUE
News: Revenue increased by 34.3% YoY (+5.1% QoQ) to ₹ 99.79crore in Q3FY25. EBITDA increased by 44.6% YoY (+6.5% QoQ) to ₹21.69 crore. Subsequently, PAT was up by 68.3% YoY (+11.3% QoQ) at ₹ 15.2 crore. For YTDFY25 the revenue increased by 17.3% YoY to ₹284.5 crore while EBITDA increased by 20.5% and PAT by 30.5% to ₹ 60.2 crore and ₹ 41.3 crore respectively. The company now has planned a capex of ₹ 54 crores to add 3.5mn meters capacity towards its SS flexible hose capacity along with a 2,40,000 pieces per annum capacity of miniature metal bellows by March’ 2026.
Views: The company achieved its highest quarterly revenue at ₹100 crore. Overall performance was in line with the expectations and the operational efficiency, which have contributed towards improved EBITDA margins and aligns with the company's goal of achieving a 25% growth in absolute EBITDA on a YoY basis and ₹ 400 crore revenue for FY25. The Longer term order pipeline remains strong for the company.
Impact: Positive