| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 27.1 | 22.2 | +21.9% |
| EBITDA | 5.4 | 4.1 | +31.6% |
| EBITDA margin | 20.0% | 18.5% | +1.5 pts |
| Profit before tax | 3.9 | 2.5 | +54.7% |
| Net profit | 2.9 | 1.4 | +106.5% |
| EPS | ₹1.37 | ₹0.67 | +104.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 271 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | ||
| 27.7 | 27.7 | 31.9 | 31.6 | 11.4 | ||
| 299 | — | — | — | — | ||
| 102 | 92.0 | 77.9 | 63.2 | 55.8 | ||
| — | +18.1% | +23.3% | +13.2% | — | ||
| 20.3 | 17.7 | 14.8 | 11.1 | 9.5 | ||
| 19.9% | 19.2% | 19.0% | 17.6% | 17.1% | ||
| 16.3 | 13.8 | 13.0 | 9.7 | 8.4 | ||
| 9.8 | 6.8 | 8.2 | 6.3 | 5.4 | ||
| 9.6% | 7.4% | 10.6% | 10.0% | 9.7% | ||
| ₹4.71 | ₹3.27 | ₹3.97 | ₹3.05 | ₹2.60 | ||
| — | −17.5% | +30.2% | +17.1% | — | ||
| — | 7.7 | 8.6 | 5.6 | 4.1 | ||
| — | 0.0 | 0.0 | 0.0 | −4.9 | ||
| 7.7 | 7.7 | 8.6 | 5.6 | −0.8 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 270.9 | |
| - Cash, Equiv & ST Investments | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | |
| + Total Debt | 11.4 | 31.6 | 31.9 | 27.7 | 27.7 | |
| Enterprise Value | — | — | — | — | 298.6 | |
| Revenue | 55.8 | 63.2 | 77.9 | 92.0 | 102.1 | |
| Growth %, YoY | — | +13.2 | +23.3 | +18.1 | — | |
| EBITDA | 9.5 | 11.1 | 14.8 | 17.7 | 20.3 | |
| Margin % | 17.07 | 17.60 | 19.01 | 19.22 | 19.86 | |
| EBIT | 8.4 | 9.7 | 13.0 | 13.8 | 16.3 | |
| Net Income | 5.4 | 6.3 | 8.2 | 6.8 | 9.8 | |
| Margin % | 9.68 | 10.01 | 10.58 | 7.39 | 9.59 | |
| EPS, Adj (current shares) | 2.60 | 3.05 | 3.97 | 3.27 | 4.71 | |
| Growth %, YoY | — | +17.1 | +30.2 | -17.5 | — | |
| Cash from Operations | 4.1 | 5.6 | 8.6 | 7.7 | — | |
| Capital Expenditures | -4.9 | -0.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | -0.8 | 5.6 | 8.6 | 7.7 | 7.7 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Aaron Industries (NSE: AARON) had a market capitalisation of ₹270 crore at the 30 October 2026 close (₹128.67 a share), a PE ratio of 27.5 on the last four quarters' profit and a price-to-book ratio of 5.10. In FY26 its consolidated net profit was ₹6.8 crore on revenue of ₹92 crore; in Q2 FY27 (July–September 2026) it was ₹2.9 crore, up 106.5% year on year. Its debt-to-equity ratio was 0.61 on 30 September 2026. Promoters held 73.11% of the shares on 30 September 2026.
Aaron Industries' PE ratio is 27.5 at the 30 October 2026 close (₹128.67 a share): a market capitalisation of ₹270 crore divided by consolidated net profit of ₹9.8 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹6.8 crore) it is 39.6.
Aaron Industries' debt-to-equity ratio was 0.61 on 30 September 2026: borrowings of ₹32.4 crore against total equity of ₹52.9 crore. A year earlier, on 30 September 2025, it was 0.72.
Aaron Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹52.9 crore on 30 September 2026, up 19.5% from ₹44.2 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹270 crore at the 30 October 2026 close.
Aaron Industries' price-to-book (PB) ratio is 5.10 at the 30 October 2026 close: a market capitalisation of ₹270 crore divided by shareholders' equity (book value) of ₹52.9 crore on 30 September 2026. That is a book value of ₹25.24 per share against a share price of ₹128.67.
In FY26, Aaron Industries' return on equity (ROE) was 14.8% and its return on capital employed (ROCE) was 21.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 20.9% and ROCE 21.3%.
Aaron Industries' book value per share was ₹25.24 on 30 September 2026: shareholders' equity of ₹52.9 crore divided by the 2.09 crore shares in issue, up 19.5% from ₹21.12 a year earlier. The share price at the 30 October 2026 close was ₹128.67.
Aaron Industries' market capitalisation was ₹270 crore at the 30 October 2026 close: 2.09 crore shares at ₹128.67 each.
Aaron Industries' basic earnings per share (EPS) were ₹3.27 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹4.69.
In 2026, Aaron Industries has declared one dividend: ₹0.50 with record date 14 August 2026.
No. Aaron Industries had borrowings of ₹32.4 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.61. Its cash and current investments were ₹2.4 crore, so its net debt was ₹30 crore.
Aaron Industries' dividend yield is 0.39% at the 30 October 2026 close: dividends of ₹0.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹128.67. They were ₹0.50 on 14 August 2026.
On 30 September 2026, Aaron Industries' shares were held by promoters 73.11% and retail and other non-institutional investors 26.89%.
Promoters held 73.11% of Aaron Industries on 30 September 2026, up 0.04 percentage points from 73.07% the previous quarter and up 0.05 percentage points from 73.06% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Aaron Industries generated ₹7.7 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹7.7 crore. In FY25 it was ₹8.6 crore.
Aaron Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
Aaron Industries' latest results are for Q2 FY27 (July–September 2026), filed on 30 October 2026: consolidated net profit ₹2.9 crore, up 106.5% from ₹1.4 crore in Q2 FY26; revenue from operations ₹27.1 crore, up 21.9% year on year.
In FY26 (April 2025–March 2026), Aaron Industries' consolidated net profit was ₹6.8 crore, down 17.5% from ₹8.2 crore in FY25, on revenue from operations of ₹92 crore (up 18.1%). Over three years, from FY23, net profit was up 25.8%.
On FY26 consolidated figures, against Naga Dhunseri Group, SONAM and Globe International Carriers: Aaron Industries' operating margin of 15.0% is the highest of the four (Naga Dhunseri Group −8.2%, SONAM 6.8%, Globe International Carriers 10.9%; peer average 3.2%); its return on equity of 14.8% is the second highest of the four (Naga Dhunseri Group −0.7%, SONAM 10.9%, Globe International Carriers 14.9%; peer average 8.3%).
In FY26, Aaron Industries earned net profit of ₹6.8 crore on revenue of ₹92 crore, against ₹9.4 crore on ₹463 crore for Naga Dhunseri Group. Aaron Industries' operating margin was 15.0% (Naga Dhunseri Group −8.2%) and its return on equity 14.8% (Naga Dhunseri Group −0.7%). At the 30 October 2026 close, Aaron Industries' market capitalisation was ₹270 crore against ₹234 crore for Naga Dhunseri Group.
From Aaron Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.