AIA Engineering Ltd.
AIAENGIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
18 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 18 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220528 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220812 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221118 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230130 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230529 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230804 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231108 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240209 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240516 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240814 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241105 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250210 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250528 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250818 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251110 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260202 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260529 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260814 | 2026-06-30 | yes |
AIAENG
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 3,953.40 |
| 52-week range | 3053.3 – 5081.4 |
| Return 1M | -7.36% |
| Return 3M | -18.15% |
| Return 1Y | 28.77% |
| Return 3Y | 16.94% |
| Return 5Y | 103.43% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,168.00 |
| Other income | 111.00 |
| Total income | 1,279.00 |
| Cost of materials consumed | 450.00 |
| Purchases of stock-in-trade | 5.00 |
| Changes in inventories | -2.00 |
| Employee benefit expense | 52.00 |
| Finance costs | 0.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.58 | 0.00 |
| institutions foreign | 0.17 | 0.00 |
| institutions domestic | 0.22 | 0.00 |
| mutual funds | 0.20 | 0.00 |
| public | 0.41 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 18 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,329.00 | 1,227.00 | 1,274.00 | 1,240.00 | 1,295.00 | 1,169.00 | 1,150.00 | 1,020.00 | 1,044.00 | 1,066.00 | 1,157.00 | 1,039.00 | 1,048.00 | 1,067.00 | 1,266.00 | 1,168.00 |
| Other income | 32.00 | 118.00 | 64.00 | 60.00 | 62.00 | 83.00 | 76.00 | 82.00 | 90.00 | 67.00 | 92.00 | 108.00 | 98.00 | 135.00 | 132.00 | 111.00 |
| Total income | 1,361.00 | 1,345.00 | 1,337.00 | 1,299.00 | 1,357.00 | 1,252.00 | 1,227.00 | 1,102.00 | 1,134.00 | 1,134.00 | 1,249.00 | 1,147.00 | 1,146.00 | 1,202.00 | 1,398.00 | 1,279.00 |
| Cost of materials consumed | 584.00 | 410.00 | 517.00 | 492.00 | 498.00 | 554.00 | 412.00 | 465.00 | 374.00 | 437.00 | 381.00 | 386.00 | 438.00 | 484.00 | 384.00 | 450.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 49.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 25.00 | 22.00 | 23.00 | 40.00 | 5.00 |
| Changes in inventories | -9.00 | 34.00 | 61.00 | 49.00 | 0.00 | -74.00 | 92.00 | -66.00 | 55.00 | -4.00 | 92.00 | -18.00 | -72.00 | -101.00 | 87.00 | -2.00 |
| Employee benefit expense | 37.00 | 38.00 | 40.00 | 41.00 | 43.00 | 43.00 | 44.00 | 46.00 | 47.00 | 47.00 | 46.00 | 48.00 | 47.00 | 56.00 | 47.00 | 52.00 |
| Finance costs | 4.00 | 5.00 | 10.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 5.00 | 1.00 | 8.00 | 7.00 | 8.00 | 16.00 | 5.00 | 0.00 |
| Depreciation and amortisation | 25.00 | 24.00 | 23.00 | 24.00 | 25.00 | 27.00 | 25.00 | 25.00 | 24.00 | 26.00 | 28.00 | 28.00 | 28.00 | 28.00 | 29.00 | 29.00 |
| Other expenses | 405.00 | 380.00 | 340.00 | 315.00 | 322.00 | 334.00 | 305.00 | 286.00 | 293.00 | 303.00 | 333.00 | 292.00 | 316.00 | 315.00 | 346.00 | 355.00 |
| Total expenses | 1,045.00 | 891.00 | 991.00 | 928.00 | 945.00 | 892.00 | 884.00 | 763.00 | 797.00 | 810.00 | 892.00 | 767.00 | 787.00 | 821.00 | 938.00 | 890.00 |
| Profit before exceptional items and tax | 316.00 | 454.00 | 346.00 | 371.00 | 412.00 | 360.00 | 343.00 | 339.00 | 337.00 | 323.00 | 357.00 | 380.00 | 360.00 | 381.00 | 460.00 | 389.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.00 | 0.00 | 0.00 |
| Profit before tax | 316.00 | 454.00 | 346.00 | 371.00 | 412.00 | 360.00 | 344.00 | 339.00 | 337.00 | 323.00 | 357.00 | 380.00 | 360.00 | 378.00 | 460.00 | 389.00 |
| Current tax | 77.00 | 97.00 | 73.00 | 93.00 | 86.00 | 77.00 | 78.00 | 84.00 | 67.00 | 56.00 | 63.00 | 79.00 | 86.00 | 84.00 | 70.00 | 86.00 |
| Deferred tax | -7.00 | 4.00 | 6.00 | 5.00 | 3.00 | 4.00 | 5.00 | -3.00 | 14.00 | 12.00 | 14.00 | 2.00 | -4.00 | 1.00 | 5.00 | 8.00 |
| Tax expense | 71.00 | 102.00 | 79.00 | 98.00 | 88.00 | 81.00 | 83.00 | 81.00 | 81.00 | 69.00 | 78.00 | 80.00 | 82.00 | 85.00 | 75.00 | 94.00 |
| Profit for the period | 245.00 | 352.00 | 268.00 | 273.00 | 324.00 | 280.00 | 260.00 | 259.00 | 256.00 | 259.00 | 285.00 | 305.00 | 277.00 | 293.00 | 393.00 | 301.00 |
| Profit attributable to owners | 245.00 | 352.00 | 268.00 | 272.00 | 323.00 | 280.00 | 261.00 | 260.00 | 257.00 | 259.00 | 285.00 | 305.00 | 277.00 | 294.00 | 393.00 | 301.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | -1.00 | 0.00 | 1.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | -0.00 |
| Other comprehensive income | -3.00 | -28.00 | 4.00 | -1.00 | -4.00 | -4.00 | -9.00 | -3.00 | -1.00 | -7.00 | -12.00 | 0.00 | 6.00 | -17.00 | -12.00 | -4.00 |
| Total comprehensive income | 242.00 | 324.00 | 272.00 | 271.00 | 320.00 | 276.00 | 251.00 | 257.00 | 255.00 | 252.00 | 273.00 | 306.00 | 284.00 | 276.00 | 381.00 | 297.00 |
| Earnings per share, basic | 25.95 | 37.37 | 28.43 | 28.87 | 34.26 | 29.64 | 27.62 | 27.52 | 27.29 | 27.78 | 30.55 | 32.69 | 29.73 | 31.54 | 42.15 | 32.27 |
| Earnings per share, diluted | 25.95 | 37.37 | 28.43 | 28.87 | 34.26 | 29.64 | 27.62 | 27.52 | 27.29 | 27.78 | 30.55 | 32.69 | 29.73 | 31.54 | 42.15 | 32.27 |
Annual results, as filed
| Line | 2018-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,467.00 | 2,981.00 | 2,881.00 | 3,567.00 | 4,909.00 | 4,854.00 | 4,287.00 | 4,420.00 |
| Other income | 122.00 | 142.00 | 172.00 | 156.00 | 235.00 | 281.00 | 332.00 | 474.00 |
| Total income | 2,589.00 | 3,123.00 | 3,054.00 | 3,723.00 | 5,143.00 | 5,135.00 | 4,619.00 | 4,894.00 |
| Cost of materials consumed | 987.00 | 1,116.00 | 1,135.00 | 1,842.00 | 2,041.00 | 1,957.00 | 1,658.00 | 1,691.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 109.00 |
| Changes in inventories | -23.00 | 58.00 | 8.00 | -371.00 | 25.00 | 116.00 | 77.00 | -105.00 |
| Employee benefit expense | 113.00 | 134.00 | 134.00 | 139.00 | 152.00 | 171.00 | 185.00 | 199.00 |
| Finance costs | 7.00 | 6.00 | 4.00 | 4.00 | 20.00 | 28.00 | 21.00 | 37.00 |
| Depreciation and amortisation | 66.00 | 98.00 | 94.00 | 92.00 | 93.00 | 100.00 | 103.00 | 113.00 |
| Other expenses | 853.00 | 993.00 | 950.00 | 1,235.00 | 1,450.00 | 1,276.00 | 1,215.00 | 1,270.00 |
| Total expenses | 2,003.00 | 2,404.00 | 2,324.00 | 2,942.00 | 3,781.00 | 3,649.00 | 3,262.00 | 3,313.00 |
| Profit before exceptional items and tax | 585.00 | 719.00 | 730.00 | 781.00 | 1,362.00 | 1,487.00 | 1,357.00 | 1,581.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | -3.00 |
| Profit before tax | 585.00 | 719.00 | 730.00 | 781.00 | 1,362.00 | 1,488.00 | 1,357.00 | 1,578.00 |
| Current tax | 149.00 | 143.00 | 187.00 | 169.00 | 304.00 | 334.00 | 271.00 | 319.00 |
| Deferred tax | -7.00 | -15.00 | -23.00 | -7.00 | 1.00 | 17.00 | 38.00 | 4.00 |
| Tax expense | 141.00 | 128.00 | 164.00 | 162.00 | 306.00 | 351.00 | 308.00 | 323.00 |
| Profit for the period | 444.00 | 590.00 | 566.00 | 620.00 | 1,057.00 | 1,137.00 | 1,060.00 | 1,269.00 |
| Profit attributable to owners | 443.00 | 590.00 | 566.00 | 620.00 | 1,056.00 | 1,136.00 | 1,061.00 | 1,270.00 |
| Profit attributable to non-controlling interests | 0.00 | -0.00 | -0.00 | -0.00 | 1.00 | 1.00 | -1.00 | -1.00 |
| Other comprehensive income | -21.00 | -4.00 | -23.00 | -24.00 | -35.00 | -18.00 | -22.00 | -23.00 |
| Total comprehensive income | 423.00 | 586.00 | 543.00 | 595.00 | 1,022.00 | 1,119.00 | 1,038.00 | 1,246.00 |
| Earnings per share, basic | 47.00 | 62.59 | 60.02 | 65.70 | 111.95 | 120.40 | 113.14 | 136.11 |
| Earnings per share, diluted | 47.00 | 62.59 | 60.02 | 65.70 | 111.95 | 120.40 | 113.14 | 136.11 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 6,031.00 | 6,631.00 | 7,166.00 | 7,495.00 | 6,963.00 | 7,834.00 | 8,889.00 | 8,538.00 |
| Non-current assets | 1,308.00 | 1,319.00 | 1,370.00 | 1,497.00 | 1,542.00 | 1,399.00 | 1,389.00 | 1,442.00 |
| Current assets | 4,723.00 | 5,312.00 | 5,797.00 | 5,999.00 | 5,420.00 | 6,435.00 | 7,500.00 | 7,096.00 |
| Property, plant and equipment | 963.00 | 980.00 | 1,063.00 | 1,087.00 | 1,011.00 | 1,094.00 | 1,060.00 | 1,143.00 |
| Capital work-in-progress | 47.00 | 107.00 | 23.00 | 92.00 | 167.00 | 77.00 | — | 16.00 |
| Goodwill | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 5.00 | 20.00 | 20.00 |
| Other intangible assets | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 5.00 |
| Inventories | 1,268.00 | 1,218.00 | 1,124.00 | 1,205.00 | 1,173.00 | 1,017.00 | 1,174.00 | 1,256.00 |
| Trade receivables | 871.00 | 861.00 | 891.00 | 880.00 | 759.00 | 826.00 | 793.00 | 1,169.00 |
| Cash and cash equivalents | 383.00 | 307.00 | 290.00 | 180.00 | 272.00 | 397.00 | 331.00 | 215.00 |
| Total equity and liabilities | 6,031.00 | 6,631.00 | 7,166.00 | 7,495.00 | 6,963.00 | 7,834.00 | 8,889.00 | 8,538.00 |
| Equity | 5,104.00 | 5,700.00 | 6,141.00 | 6,668.00 | 6,409.00 | 6,937.00 | 7,377.00 | 8,034.00 |
| Equity share capital | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
| Other equity | 5,076.00 | 5,672.00 | 6,112.00 | 6,639.00 | 6,381.00 | 6,908.00 | 7,348.00 | 8,007.00 |
| Total liabilities | 926.00 | 931.00 | 1,025.00 | 827.00 | 553.00 | 897.00 | 1,512.00 | 504.00 |
| Non-current liabilities | 43.00 | 56.00 | 63.00 | 79.00 | 88.00 | 109.00 | 104.00 | 132.00 |
| Current liabilities | 883.00 | 875.00 | 962.00 | 749.00 | 466.00 | 788.00 | 1,408.00 | 372.00 |
| Borrowings, non-current | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 460.00 | 496.00 | 479.00 | 455.00 | 120.00 | 485.00 | 1,018.00 | 0.00 |
| Trade payables | 283.00 | 261.00 | 192.00 | 179.00 | 161.00 | 197.00 | 204.00 | 220.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 300.00 | 868.00 | 573.00 | 903.00 | 628.00 | 1,162.00 | 498.00 | 592.00 |
| Net cash from investing activities | -545.00 | -1,208.00 | -419.00 | -819.00 | 561.00 | -194.00 | -937.00 | -124.00 |
| Net cash from financing activities | 375.00 | 395.00 | -170.00 | -211.00 | -1,104.00 | -743.00 | 380.00 | -660.00 |
| Purchase of property, plant and equipment | 70.00 | 195.00 | 100.00 | 211.00 | 89.00 | 137.00 | 44.00 | 104.00 |
| Net increase in cash | 126.00 | 51.00 | -17.00 | -127.00 | 91.00 | 217.00 | -66.00 | -182.00 |
| con:CFO.BEFORE_TAX | 449.00 | 1,279.00 | 723.00 | 1,230.00 | 768.00 | 1,418.00 | 619.00 | 867.00 |
| con:INTEREST_RECEIVED.OPERATING | -39.00 | -107.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 256.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 111.00 | 304.00 | 150.00 | 328.00 | 140.00 | 0.00 | 121.00 | 276.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 2.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 4.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 58.47 | 58.47 | 58.47 | 58.47 | 58.47 | 58.47 | 58.50 | 58.50 | 58.50 | 58.50 | 0.58 | 0.58 | 0.58 | 0.58 |
| Domestic institutions | 21.01 | 20.93 | 20.30 | 20.47 | 20.54 | 20.95 | 20.84 | 21.85 | 22.04 | 22.03 | 0.22 | 0.22 | 0.22 | 0.22 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 20.50 | 0.21 | 0.21 | 0.20 | 0.20 |
| Insurance companies | 2.29 | 2.45 | 2.48 | 2.38 | 2.46 | 1.99 | 1.56 | 1.14 | 1.16 | 1.25 | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 18.04 | 18.05 | 18.50 | 18.29 | 18.17 | 17.68 | 17.94 | 17.21 | 17.06 | 16.99 | 0.17 | 0.17 | 0.17 | 0.17 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 41.53 | 41.53 | 41.53 | 41.53 | 41.53 | 41.53 | 41.50 | 41.50 | 41.50 | 41.50 | 0.41 | 0.41 | 0.41 | 0.41 |
| Non-institutional | 2.48 | 2.54 | 2.73 | 2.77 | 2.81 | 2.90 | 2.71 | 2.44 | 2.40 | 2.48 | 0.03 | 0.03 | 0.03 | 0.03 |
| Shares outstanding | 94320370 | 94320370 | 94320370 | 94320370 | 94320370 | 94320370 | 93320370 | 93320370 | 93320370 | 93320370 | 93320370 | 93320370 | 93320370 | 93320370 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Vega Industries (Middle East) F.Z.C. | Subsidiary | Any other transaction, Sale of goods or services | 8,675,813,000.00 | 7 |
| Vega Industries Ltd - USA | Subsidiary | Sale of goods or services | 2,204,794,000.00 | 2 |
| AB Tradelink Private Limited | Enterprise over which key manageri | Any other transaction, Sale of goods or services | 1,580,983,000.00 | 4 |
| Vega Industries Australia PTY. Ltd | Subsidiary | Any other transaction, Sale of goods or services | 1,178,945,000.00 | 4 |
| AIA Ghana Ltd | Subsidiary | Any other transaction, Sale of goods or services | 665,701,000.00 | 3 |
| Vega MPS Pty Ltd | Associate Company | Any other transaction, Sale of goods or services | 372,354,000.00 | 2 |
| WUXI VEGA TRADE CO LTD - CHINA | Subsidiary | Any other transaction, Sale of goods or services | 182,316,000.00 | 3 |
| Harsha Engineers International Limited | Enterprise over which key manageri | Purchase of goods or services | 134,578,000.00 | 2 |
| Vega Steel Industries (RSA)(PTY) Ltd. | Subsidiary | Any other transaction, Sale of goods or services | 115,818,000.00 | 3 |
| Vega Industries Chile SPA | Subsidiary | Sale of goods or services | 111,009,000.00 | 2 |
| AIA Engineering Limited | Holding Company | Purchase of goods or services, Sale of goods or serv | 96,810,000.00 | 2 |
| AIA CSR Foundation | Subsidiary | Any other transaction | 55,000,000.00 | 1 |
| PT Vega Industries Indonesia | Subsidiary | Any other transaction, Sale of goods or services | 51,712,000.00 | 3 |
| Vega Industries Ltd. - U.K. | Subsidiary | Any other transaction, Sale of goods or services | 26,780,000.00 | 3 |
| AIA Employee's Gratuity Trust Fund | Post employment benefit plan of AI | Any other transaction | 25,726,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-14 | Q1FY27 | LIMITED | Read the call |
| 2026-05-29 | Q4FY26 | Read the call | |
| 2026-02-02 | Q3FY26 | Read the call | |
| 2025-11-10 | Q2FY26 | Read the call | |
| 2025-08-18 | Q1FY26 | Read the call | |
| 2025-05-28 | Q4FY25 | Read the call | |
| 2025-02-10 | Q3FY25 | Read the call | |
| 2024-11-05 | Q2FY25 | AIA ENGINEERING LIMITED | Read the call |
| 2024-08-14 | Q1FY25 | Read the call | |
| 2024-05-16 | Q4FY24 | Read the call | |
| 2024-02-09 | Q3FY24 | Read the call | |
| 2023-11-08 | Q2FY24 | EXECUTIVE, KUNAL | Read the call |
| 2023-08-04 | Q1FY24 | AIA ENGINEERING LIMITED | Read the call |
| 2023-05-29 | Q4FY23 | LIMITED | Read the call |
| 2023-01-30 | Q3FY23 | Read the call | |
| 2022-11-18 | Q2FY23 | Read the call | |
| 2022-08-12 | Q1FY23 | LIMITED | Read the call |
| 2022-05-28 | Q4FY22 | Read the call |
What they said about it, quarter by quarter
| Topic | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | AIA Engineering Limited February 07, 2024 Total CAPEX for this year is at 146 crores. | But now with our intent to do -- to set up production outside of India, we are now staying put and AIA Engineering Limited February 07, 2025 pausing a… | We're not looking at significant capex beyond maintenance and some bits of remaining capex from our casting plant. | So, we deployed money in working, we have done about 130 crores of CAPEX this year, mostly on mill lining plant. | And there's about INR150 crores capex on that account. | So, as we speak, our total capacity, which is at 440,000 tons now remains enhanced to 460,000 tons which includes this ground fee on the ongoing Brown… | — | But for other than capex that we may do in plants outside of India, for India, total outflow of between INR60 crores and INR100 crores on all sorts of… |
| Capital allocation | So that is the reason why in order to strengthen our design and market acquisition portfolio, we have acquired this stake in this Australian company M… | — | — | So, total is Rs.130 crores full year plus the dividend paid out. | So besides that, we are happy to announce that the board has today declared a dividend of INR16 a share and that'll roughly be about INR150 crores of … | And my question was with respect to the MPS acquisition, like you just mentioned in the presentation that 43% shares are acquired at the rate of 64 in… | — | Sir, these new solutions that we are offering, is that an expertise that we built post-acquisition of Vega Industries Australia? |
| Costs | — | I think raw material continues to be -- is a little stable for last 2 quarters. | So when it appreciates or it depreciates like with raw material, there will be a lead lag effect before it all passes on. | So, optically while it looks like a small reduction in real sense, we have added more customers to the tune of about 30,000 tons for the full year and… | Major highlights for this quarter was when raw materials. | What kind of range that it is likely to settle in keeping in mind the cost saving initiatives that they are taking? | — | Of course, it's a cost saving, but it's also renewable footprint for our power resources. |
| Debt and cash | Our working capital again largely in sync. | I think rest of the other numbers remain at par with our working capital, our cash on the block after -- cash on the books after the buyback proceeds … | I think everything else continues, working capital is in line. | A big point is about our increase in working capital, we have added about Rs.600 crores of working capital for the full year and the total working cap… | I think our working capital is largely in line -- receivable at 63 days comparable to the third quarter, WIP and raw material, again, a number of days… | Working capital again continues to be flat. | — | Moving on, I think AIA Engineering Limited May 26, 2026 working capital at par with what we have done. |
| Demand | Not really, that's why when non mining was a little higher, we kept explaining that if there is this smaller term shorter term demand that probably ca… | And as Kunal explained, we do expect the order book or the order inflow from the existing customers to start coming at a regular level in next 1 or 2 … | Now, something else will come along, demand goes down, all of these things we don't understand. | I have two questions, the first one on the stingy order book, so if I see order book it seems to be on lower side. | Our order book is at about INR770 crores, but as we explained that these are orders, not reflecting the contractual commitments, underlying those orde… | My first question is with respect to the overall mining demand environment. | — | So first question, while you are not disclosing from a volume growth perspective, have we got any initial orders from this customer given that year-en… |
| Guidance | We continue with our overall I wouldn't say a guidance but at least an indicative direction of saying 25,000-30,000 tons each year we are looking to a… | So with that, our full year volume, which is 187,000 tons for the 9 months, looks to be between 250,000 and 260,000 depending on invoicing, etcetera, … | AIA Engineering Limited January 30, 2026 I think our guidance -- we'll continue to extend from our guidance, and we've explained, that's because of th… | We are very happy to also report there has concern around tonnages in the guidance for the period coming up are concerns around higher shipping costs … | So I think we expect between October and December, that additional 20,000 tons of capacity, non-grinding media capacity to come up. | For now, we expect business to continue as usual, so nothing more to report on that account. | And now in the opening remarks, you mentioned that you would not like to give any volume outlook for FY '26. | So at this point in time, we feel it's a little premature to give you any volume guidance, but a very positive thing has happened, which we wanted to … |
| Margin | So, the 74,000 tons out of 154 realization translated to 1,146 crores of sales leading to an EBITDA of 395 crores as compared to 444 crores in sequent… | The revenue for the quarter is at INR1,050 crores, our EBITDA is at INR354.57 crores and our profit after tax is at INR259.22 crores. | The reported EBITDA is about INR425 crores, which comes to almost 40%. | Moving forward,our EBITDA is at Rs.264 crores that is up from Rs.192 crores in the last fourth quarter last year and Rs. | We ended the fourth quarter with sales of 73,500 tons on a production of 74,674 tons, translating into sales of INR1,251 crores, an EBITDA line item o… | Our EBITDA for the quarter stands at Rs. | So if I -- if you ask me about the margin, my both categories are comparable. | EBITDA of INR502 crores for the quarter. |
| People | Macro, from a mining environment, I think our solutions have a deep opportunity just because we are improving operational parameters for the customer … | Are we on track for that 4-year full utilization, which you had initially said? | So we are still operating reasonably below full capacity utilization. | So, everybody is operating at a high utilization levels side now for sure. | So that's all within our current utilization. | — | — | And sir last question from my side, sir, what was the mill liner utilization for metallic and composite? |
| Pricing | — | — | — | Next 3-4 years, okay got it sir and what kind of realization Sir.So, basically, with all the price increases that has happen will it be a ballpark aro… | So then wherever the chrome advantage is moderate, we have to be very competitive in pricing. | So, I don't think today what the Canada action has done has put in some administrative things in place, so that there is a certain pricing mechanisms … | There's a whole cost investment that goes into the costing and the pricing part of it. | The whole approach that we had adopted over the last 1.5 to 2 years was to take the clients away from discussion on the pricing, which was already and… |
| Revenue growth | As I had indicated in the previous call, it is likely to take a little more time and therefore we see this year getting flattish maybe a very marginal… | And that is what proactiveness is very critical for long-term growth of the company. | The overall top line in terms of the operating revenue stood at about INR1,066 crores, and including other nonoperating income, we have reported about… | — | That's up from 260,000 tons full year last year with a top line of INR4,800 crores compared to INR3,500 crores for full year last year. | — | — | There is it has translated to INR1,251 crores of top line for the quarter. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2023-11-08 | Q2FY24 | KUNAL | I think over next two quarters you will see margin adjustment on account of pass through in freight cost and one last thing is we still had one more quarter now where our product mix helped the realization as well as margin so I think we expect our margins to adjust between 3 and 5% over next few quarters and normalize to a long-term guidance but this is just to unpack the numbers for this quarter. |
| 2023-11-08 | Q2FY24 | KUNAL | We are on track to spend 500 Crores between now and end of March 2025 where about 200 Crores goes towards the grinding media expansion, 200 Crores towards overall restructuring and debottleneck, 50 Crores towards captive power and other 50 Crores for land and other requirements so we continue with that. |