AIA Engineering (AIAENG) Q3 25/26 earnings summary

Executive summary

• Q3 production was 67,896 tons with sales of 64,500–64,549 tons; nine-month production and sales were around 187,000 tons each.

• Consolidated total income for Q3 FY26 reached Rs. 120,223 lacs, with PAT after minority interest at Rs. 29,442 lacs for the quarter and Rs. 87,688 lacs for the nine months.

• Unaudited financial results for the quarter and nine months ended 31 December 2025 were approved by the Board on 30 January 2026.

• EBITDA margin for Q3 FY26 stood at 39.89–40%, with a nine-month average of 39.37%.

• Appointment of Mr. Nitin Chandrashanker Shukla as Additional Independent Director for a five-year term, subject to shareholder approval.

Financial highlights

• Q3 operating revenue was INR 1,066 crore (Rs. 106,689 lacs); total income including non-operating items was INR 1,200 crore (Rs. 120,223 lacs).

• Q3 EBITDA was INR 425 crore (39.89% margin), with PAT for Q3 at INR 294 crore (Rs. 29,442 lacs).

• Nine-month EBITDA was INR 1,241 crore and PAT was INR 876 crore on a top line of INR 3,153 crore.

• Other income for Q3 was INR 135 crore (Rs. 13,534 lacs), including forex gain, export benefit, and treasury income.

• Basic EPS (consolidated) for Q3 FY26 was ₹31.54, compared to ₹27.78 in Q3 FY25.

Outlook and guidance

• No volume or margin guidance provided due to lack of clear customer signaling and ongoing trials.

• Order book as of January 1, 2026, stands at Rs. 948 crores, indicating strong future demand.

• Ghana and China plant expansions expected within 1.5–2 years, pending clearances.

• Management confirmed that closure of the Nagpur unit will not adversely affect production or profitability.

• The group continues to monitor regulatory changes, especially regarding new labour codes and their financial impact.