Aeroflex Industries (AEROFLEX) Q4 25/26 earnings summary

Executive summary

• Achieved record quarterly and annual performance in FY 2026, with strong growth across all key financial metrics and unmodified audit opinions on results.

• Entered new segments, notably skid assemblies and advanced flow control for liquid cooling in data centers and AI infrastructure.

• Expanded manufacturing capacity, showcased products at major global exhibitions, and recommended a final dividend of INR 0.40 per share (20%).

Financial highlights

• FY 2026 consolidated revenue: INR 44,193.51 lakhs, up from INR 37,622.79 lakhs year-over-year; Q4 FY 2026 total income: INR 126.5 crores, up 38% YoY.

• FY 2026 EBITDA: INR 99.74 crores (22.6% margin), up 26% YoY; Q4 EBITDA: INR 30 crores, up 59% YoY.

• FY 2026 PAT: INR 55.53 crores (12.5% margin); Q4 PAT: INR 17.64 crores, up 57% YoY.

• Earnings per share (consolidated, basic and diluted) for FY 2026: INR 4.28, up from INR 4.06 YoY.

• Cash profit for Q4: INR 25.42 crores, up 67% YoY; FY 2026 cash profit: INR 81.60 crores, up 28% YoY.

Outlook and guidance

• Targeting 35% overall growth for FY 2027, with base business expected to grow 15%-20%.

• Skid assemblies projected to contribute 20%-22% of total business in FY 2027; capacity to scale from 6,000 to 15,000 units per annum by Q2 FY 2027.

• EBITDA margin guidance for FY 2027 is around 23%, aiming for 25% in the next few years.

• Focus on expanding value-added products, automation, and international presence, especially in data centers and AI infrastructure.