Aeroflex Industries Limited — Quarter and year ended 31st March, 2026 (Board meeting outcome dated 05 May 2026)
| Particulars | 3 months ended 31.03.2026 # (Unaudited) | Preceding 3 months ended 31.12.2025 (Unaudited) | Corresponding 3 months ended 31.03.2025 # (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from operations | 12,583.79 | 12,089.02 | 9,169.17 | 44,193.51 | 37,622.79 |
| Other income | 61.99 | 22.62 | 12.20 | 135.91 | 253.45 |
| Total Income (1+2) | 12,645.77 | 12,111.64 | 9,181.38 | 44,329.42 | 37,876.24 |
| Particulars | 3 months ended 31.03.2026 # (Unaudited) | Preceding 3 months ended 31.12.2025 (Unaudited) | Corresponding 3 months ended 31.03.2025 # (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Cost of Materials consumed | 7,214.85 | 6,839.14 | 5,064.06 | 25,959.80 | 21,585.71 |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | (25.83) | (109.27) | 230.83 | (867.23) | 373.35 |
| Employee benefits expense | 1,011.03 | 1,131.85 | 775.80 | 4,131.33 | 3,379.01 |
| Finance costs | 28.23 | 23.31 | 13.37 | 93.65 | 35.92 |
| Depreciation and amortization expense | 778.94 | 626.00 | 395.46 | 2,607.74 | 1,127.23 |
| Other expenses | 1,380.94 | 1,392.25 | 1,209.52 | 4,995.76 | 4,380.22 |
| Total expenses | 10,388.15 | 9,903.28 | 7,689.04 | 36,921.04 | 30,881.43 |
| Particulars | 3 months ended 31.03.2026 # (Unaudited) | Preceding 3 months ended 31.12.2025 (Unaudited) | Corresponding 3 months ended 31.03.2025 # (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Profit before exceptional items and tax (3-4) | 2,257.62 | 2,208.36 | 1,492.33 | 7,408.38 | 6,994.81 |
| Exceptional items | – | – | – | – | – |
| Profit/(loss) before tax (5+6) | 2,257.62 | 2,208.36 | 1,492.33 | 7,408.38 | 6,994.81 |
| Less: Tax expense: | |||||
| Current Tax | 500.00 | 605.00 | 278.00 | 1,897.00 | 1,673.00 |
| Deferred Tax | (5.88) | (71.17) | 91.14 | (66.70) | 84.54 |
| Taxation of Earlier Year | – | 25.38 | – | 25.38 | (13.49) |
| Profit/(loss) for the period from continuing operation (7-8) | 1,763.50 | 1,649.14 | 1,123.19 | 5,552.70 | 5,250.76 |
| Profit/(loss) from discontinued operations | – | – | – | – | – |
| Tax expense of discontinued operations | – | – | – | – | – |
| Profit/(loss) for the period from discontinued operation after tax (10-11) | – | – | – | – | – |
| Profit/(loss) for the period (9+12) | 1,763.50 | 1,649.14 | 1,123.19 | 5,552.70 | 5,250.76 |
| Share of profit of associates companies | – | – | – | – | – |
| Net profit after tax and share in associates | 1,763.50 | 1,649.14 | 1,123.19 | 5,552.70 | 5,250.76 |
| Particulars | 3 months ended 31.03.2026 # (Unaudited) | Preceding 3 months ended 31.12.2025 (Unaudited) | Corresponding 3 months ended 31.03.2025 # (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| (a) Owners of the company | 1,763.50 | 1,649.14 | 1,123.19 | 5,552.70 | 5,250.76 |
| (b) Non-controlling interest | – | – | (0.29) | – | 0.22 |
| Particulars | 3 months ended 31.03.2026 # (Unaudited) | Preceding 3 months ended 31.12.2025 (Unaudited) | Corresponding 3 months ended 31.03.2025 # (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| A(i) Item that will not be reclassified to profit or loss | – | – | – | – | – |
| A(ii) Income tax relating to item that will not be reclassified to profit or loss | – | – | – | – | – |
| B(i) Item that will be reclassified to profit or loss | – | – | – | – | – |
| B(ii) Income tax relating to item that will be reclassified to profit or loss | – | – | – | – | – |
| i) Exchange differences on translation of financial statements of foreign operations | – | – | (0.29) | – | 0.22 |
| Particulars | 3 months ended 31.03.2026 # (Unaudited) | Preceding 3 months ended 31.12.2025 (Unaudited) | Corresponding 3 months ended 31.03.2025 # (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Total Comprehensive Income for the period (15+16) (Comprising profit/(loss) and other Comprehensive Income for the period) | 1,763.50 | 1,649.14 | 1,122.90 | 5,552.70 | 5,250.99 |
| Particulars | Quarter ended 31.03.2026 (Unaudited) | Year ended 31.03.2026 (Audited) | Quarter ended 31.12.2025 (Unaudited) | Year ended 31.03.2025 (Audited) | Quarter ended 31.03.2025 (Unaudited) |
|---|---|---|---|---|---|
| Revenue from operations | 11,881.72 | 41,247.20 | 11,271.22 | 37,290.45 | 9,423.33 |
| Profit/(loss) before tax | 2,252.21 | 7,397.67 | 2,207.00 | 6,913.85 | 1,465.13 |
| Profit/(loss) for the period | 1,768.66 | 5,528.22 | 1,632.22 | 5,189.81 | 1,111.00 |
| Other comprehensive income | – | – | – | – | – |
| Total comprehensive income for the period | 1,768.66 | 5,528.22 | 1,632.22 | 5,189.81 | 1,111.00 |
| Particulars | As at 31st March, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| (1) Non-current assets | ||
| (a) Property, Plant & Equipment | 20,384.77 | 16,966.10 |
| (b) Capital work -in- Progress | 2,310.04 | 984.22 |
| (c) Right-of-use asset | 740.54 | – |
| (d) Goodwill | 126.75 | 126.75 |
| (e) Other Intangible Assets | 85.68 | 88.26 |
| (f) Intangible assets under development | – | – |
| (g) Biological Assets other than bearer plants | – | – |
| (h) Investments accounted for using the equity method | – | – |
| (i) Financial Assets | ||
| (i) Investments | 0.55 | – |
| (ii) Trade receivables | – | – |
| (iii) Loans | 308.83 | 272.62 |
| (iv) Others | 309.38 | 272.62 |
| (j) Deferred tax assets (net) | – | – |
| (k) Other non-current assets | 273.25 | 305.01 |
| (2) Current assets | ||
| (a) Inventories | 8,372.46 | 6,668.28 |
| (b) Financial Assets | ||
| (i) Investments | – | – |
| (ii) Trade receivables | 12,981.61 | 11,651.79 |
| (iii) Cash and cash equivalents | 1,898.82 | 2,630.19 |
| (iv) Bank balances other than (iii) above | 5,066.14 | 44.85 |
| (v) Loans | 19,946.58 | 14,326.83 |
| (vi) Others | – | – |
| (c) Current Tax Assets (Net) | 3,952.13 | 2,917.04 |
| (d) Other current assets | – | – |
| Total Assets | 56,501.58 | 42,655.11 |
| Particulars | As at 31st March, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| Equity | ||
| (a) Equity Share Capital | 2,646.62 | 2,586.41 |
| (b) Other Equity | 42,080.73 | 31,655.22 |
| Total Equity | 44,727.35 | 34,241.62 |
| LIABILITIES | ||
| (1) Non-current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 61.82 | 32.64 |
| (A) Lease liabilities | 551.61 | – |
| (ii) Trade payables | – | – |
| (iii) Other financial liabilities (other than those specified in item (b) to be specified) | 613.43 | 32.64 |
| (b) Provisions | – | – |
| (c) Deferred tax liabilities (Net) | 89.79 | 156.49 |
| (d) Other non-current liabilities | – | – |
| (2) Current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 44.96 | 25.71 |
| (A) Lease liabilities | 230.97 | – |
| (ii) Trade payables | 725.32 | 425.69 |
| (A) total outstanding dues of micro enterprises and small enterprises; and | – | – |
| (B) total outstanding dues of creditors other than micro enterprises and small enterprises. | – | – |
| (iii) Other financial liabilities (other than those specified in item(c)) | 7,345.74 | 5,257.35 |
| 8,346.98 | 5,708.74 | |
| (b) Other current liabilities | 2,149.85 | 1,976.87 |
| (c) Provisions | – | – |
| (d) Current Tax Liabilities (Net) | 574.18 | 538.75 |
| Total Equity and Liabilities | 56,501.58 | 42,655.11 |
| Sr. No. | Particulars | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|
| A | Cash Flow from Operating Activities | ||
| Profit before tax | 7,408.38 | 6,994.81 | |
| Adjustments for: | |||
| Depreciation | 2,607.74 | 1,127.23 | |
| Loss on sale of assets | 93.65 | 19.00 | |
| Interest paid | 2.35 | 35.92 | |
| Interest received | (128.99) | (230.37) | |
| Other comprehensive income/(loss) | – | 0.22 | |
| Realised Exchange gain on Impairment of Investment | – | (1.04) | |
| Operating profit before working capital changes | 9,983.13 | 7,945.77 | |
| Adjustment for: | |||
| Trade receivables | (1,329.82) | (2,179.51) | |
| Trade payables | 2,388.02 | 168.78 | |
| Inventories | (1,704.18) | (774.05) | |
| Other non-current financial assets | (36.22) | 73.22 | |
| Other current liabilities and provisions | 208.41 | (68.03) | |
| Other non-current assets | 31.76 | 35.82 | |
| Other current assets | (1,035.09) | (884.10) | |
| Operating profit after working capital changes | 8,506.02 | 4,317.90 | |
| Income tax paid (net of refund) | (1,922.38) | (1,659.51) | |
| Net cash inflow / (outflow) from operations (A) | 6,583.64 | 2,658.39 | |
| B | Cash Flow from Investing Activities | ||
| Purchase of fixed assets | (7,108.55) | (10,346.28) | |
| Sale of fixed assets | 3.39 | – | |
| Movement in other bank balances | (5,021.28) | 2,877.43 | |
| Interest received | 128.99 | 230.37 | |
| Investment in Quoted Equity Shares | (0.55) | – | |
| Goodwill in Subsidiary | – | (126.75) | |
| Net cash inflow / (outflow) from investing activities (B) | (11,998.01) | (7,365.24) | |
| C | Cash flow from Financing Activities | ||
| Proceeds from borrowings | 81.00 | 64.00 | |
| Repayment of borrowings | (32.57) | (17.77) | |
| Interest paid | (93.65) | (35.92) | |
| Dividend paid | (387.96) | (323.30) | |
| Repayment of lease liabilities | (204.81) | – | |
| Proceeds from issuance of equity share capital | 60.21 | – | |
| Preferential Issue Expenses | (179.01) | – | |
| Proceeds from issue of equity share capital (including securities premium) | 5,439.79 | – | |
| Net cash inflow / (outflow) from financing activities (C) | 4,683.01 | (312.99) | |
| Net increase / decrease in cash & cash equivalents (A+B+C) | (731.36) | (5,019.84) | |
| At the beginning of the year | 2,630.19 | 7,650.03 | |
| At the end of the year |