Aeroflex Industries (AEROFLEX) Q1 26/27 earnings summary

Executive summary

• Achieved highest-ever quarterly performance with consolidated revenue of INR 145.97 crore, up 72.4% year-over-year, driven by both core and emerging businesses.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with statutory auditors issuing an unmodified review report.

• Flexible hose business grew 41% YoY; assemblies and value-added products grew at a faster pace.

• SFN skid assembly revenue reached INR 32.4 crore, contributing 23% of total revenue, marking a shift to integrated flow management solutions.

• Appointment of M/s. Kailash Chand Jain & Co. as Tax Auditor for FY 2026-27.

Financial highlights

• Total income for Q1 FY27 was INR 145.97 crore, up 72.4% YoY.

• EBITDA rose 116% YoY to INR 33.5 crore, with margin expansion of 468 bps to 23.04%.

• Profit after tax was INR 18.79 crore, up 162% YoY; tax margin improved by 440 bps to nearly 13%.

• Consolidated revenue from operations for Q1 FY27 was ₹14,537.63 lakhs, up from ₹8,433.34 lakhs in Q1 FY26.

• Earnings per share (EPS) for Q1 FY27 stood at ₹1.42 (consolidated, basic and diluted), up from ₹0.55 in Q1 FY26.

Outlook and guidance

• Confident in long-term growth, focusing on scaling all business verticals, especially liquid cooling and skid assemblies.

• Capacity for skid assemblies expanded from 6,000 to 9,000 units, targeting 15,000 units by Q3 FY27.

• Flexible hose production to increase from 17.5 million to 20 million meters per annum by Q3.

• Targeting 25% blended EBITDA margin in the next few years.

• International business for skids expected to commence within the financial year.