Aimtron Electronics (AIMTRON) H1 25/26 earnings summary

Executive summary

• Achieved record H1 FY2026 results with consolidated revenue of ₹12,258.39 lakhs, up 112% year-over-year, and net profit of ₹2,028.54 lakhs, driven by strong product mix, cost controls, and operational efficiency.

• Order book at end-September 2025 reached INR 4,635-4,639 million, about 3x FY2025 revenue, reflecting robust customer trust and long-term visibility, with major wins in AI, IoT, Telecom, EV, and Defence.

• Strategic expansion includes new greenfield facilities, global footprint in the US and Europe, and entry into high-growth sectors such as defense and aerospace.

• Major new contracts include a INR 975-975.5 million ODM deal with a leading U.S. infrastructure firm, a domestic AI/IoT box build order for 50,000 units, and a strategic order from a Navratna PSU in communications.

• Construction underway for a new three-acre greenfield facility with phased SMT line rollout and dedicated ODM/defense zones.

Financial highlights

• Revenue for H1 FY2026 reached ₹12,258.39 lakhs (Rs 1,225.8 Mn), up 112-112.5% YoY; net profit at ₹2,028.54 lakhs (Rs 202.9 Mn), up 81-81.4% YoY.

• EPS for H1FY26 stood at ₹9.94, up 81.4% YoY.

• Box build contributed 34.7-35% of H1 revenue, expected to exceed 50% in H2.

• Domestic revenue accounted for 60-65%, with exports at 35-40%.

• Company remains debt-free as of September 30, 2025.

Outlook and guidance

• Projecting 40-50% CAGR year-over-year for the next 3-5 years, with H1 revenue guidance of INR 250 crore+ and on track for INR 270-280 crore for FY2026.

• EBITDA margin expected to remain above 20%, with PAT margin sustainable at 15-16.5%.

• Focus on converting strong order pipeline into consistent high-margin growth, with automation, digital systems, and backward integration.

• Greenfield facility to add two SMT lines per year, targeting INR 1,000 crore production capacity.