Aimtron Electronics (AIMTRON) H2 24/25 earnings summary

Executive summary

• Achieved FY25 revenue of INR 158 crore (₹15,830.73 lakhs), up 74% YoY, with PAT nearly doubling and significant expansion into network security, telecom, automotive, aerospace, and defense sectors.

• Enhanced manufacturing with new SMT lines, AI-driven production, and operational capacity supporting up to INR 500 crore revenue.

• Established a wholly owned US subsidiary in Texas, operational from January 2025, to strengthen US market presence.

• Audited standalone and consolidated FY25 results published with unmodified audit opinions; group operates in a single business segment including the US subsidiary.

• Major new orders in network security, telecom, automotive, and AI, including mass manufacturing for electric vehicles and a $1.8M AI sector order.

Financial highlights

• FY25 consolidated revenue: ₹15,918.38 lakhs; consolidated net profit: ₹2,563.09 lakhs; basic and diluted EPS: ₹13.14.

• EBITDA for FY25 was Rs 340.8 Mn (21.5% margin), PAT margin at 16% with guidance for sustainability.

• Receivables spiked at year-end due to shipment timing and tariff-driven order push, but have since normalized.

• Zero debt position maintained as of March 31, 2025; working capital and payables expected to normalize as collections proceed.

• Order book as of March 31, 2025, stood at Rs 1,890 Mn (1.2x FY25 revenue), with an additional Rs 1,280 Mn order received in April 2025.

Outlook and guidance

• FY26 revenue guidance set at INR 270–280+ crore, targeting 40–70% CAGR over the next few years through sector diversification and global expansion.

• Margin sustainability expected at 16% PAT, with box build segment to drive higher profitability in H2.

• AS9100 certification for aerospace and defense expected by Q1 FY26.

• Focus on backward integration, expanding SMT capacity, and in-house component manufacturing to improve supply chain efficiency.

• No immediate fundraising or equity dilution planned; expansion and M&A opportunities will be evaluated as needed.