Aaron Industries Ltd Stock Price Today (NSE: AARON)

Aaron Industries Ltd

119.24+4.49 (+3.91%)
Market Closed

Fundamental Score

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Aaron Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Aaron Industries Ltd share price today is 119.24, up +3.91% on NSE/BSE as of 12 June 2026. Aaron Industries Ltd (AARON) is a Small-cap company in the Industrial Products sector with a market capitalisation of 384.45 (Cr). The 52-week high for AARON share price is 478.00 and the 52-week low is 106.80. At a P/E ratio of 54.92x, AARON is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 20.95% and a debt-to-equity ratio of 0.72.

Aaron Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
142.00
Low
118.35
Volume
10.9K
Change
-13.64%

Aaron Industries Ltd share price chart: -13.64% return over the past month. 52-week high ₹478.00, 52-week low ₹106.80.

Aaron Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
118.23118.97115.92117.6112.20K (Cr)
119.00119.95115.50118.2314.70K (Cr)
125.80125.80119.08121.0616.82K (Cr)
120.90120.90120.90120.900.00 (Cr)
125.00126.90120.00120.9017.22K (Cr)
125.97130.60124.00124.109.66K (Cr)
123.80129.17120.51125.9725.11K (Cr)
123.50123.50118.35119.1710.20K (Cr)
120.00124.49120.00120.4417.65K (Cr)
125.01128.26119.93122.5114.21K (Cr)

Aaron Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
119.00119.95115.50117.61-1.17%
136.50141.00118.35121.06-11.31%
111.30152.00111.30138.38+24.33%
147.00164.96106.80109.27-25.67%
154.70169.85150.60161.55+4.43%
169.60180.10149.55152.77-9.92%
186.27188.00166.16168.55-9.51%
205.50209.59182.15186.27-9.36%
187.50228.00176.01203.12+8.33%
220.70221.88185.60187.62-14.99%
448.00478.00198.00216.20-51.74%
367.45474.00346.00448.00+21.92%

AI Research Briefing

Powered by Gemini · 2026-04-15

Overvalued microcap elevator play with negative free cash flow; avoid until correction.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEBreakdown - 1M: -9.64%, 3M: -14.14%Expensive - P/E of 54.92x vs. industry P/E of 33.94x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Aaron Industries announced its highest-ever turnover of Crore for FY 2025-26, an 18.06% YoY growth. The Elevator Division contributed Crore, while the Stainless Steel Polishing Division reached Crore, a 44.74% increase. Q4 FY26 revenue was Crore, up 13.31% YoY.

CORE STORY (THE REAL GAME)

Aaron Industries is being priced as a play on the continued demand for elevator solutions in India's growing residential, commercial, and infrastructure sectors. The market is betting on their ability to maintain growth in a competitive landscape.

Why Now
  • Highest ever turnover of ₹92.01 Crore
  • Stainless Steel Polishing Division growth of 44.74%
  • Dividend yield of 0.88%
Potential Catalysts
  • New large elevator contract
  • Significant FCF improvement
  • Successful expansion into new markets
Key Risks
  • Microcap liquidity risk
  • High P/E of 54.92x vs. industry P/E of 33.94x
  • Negative free cash flow of ₹-31.18 Cr
Institutional Activity

DII decreased holdings by 0.43%

Macro Context

Industrial manufacturing in India is expected to grow, driven by government incentives and infrastructure development

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-31.18 Cr

3–6 Month Outlook

Next 3-6 months depend on ability to sustain growth in elevator division and improve cash flow. Any slowdown will lead to significant correction.

Primary Thesis Risk

Inability to sustain high growth rates in a cyclical industry.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

20.95%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

18.62%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

17.26%

Average operating profit margin over 5 years

Dividend Yield

0.33%

Annual dividend as % of current share price

Aaron Industries Ltd Valuation Check

Poor

Price to Earnings (P/E)

54.92x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

73.06%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-23.63%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

21.60%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

29.50%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

42.61%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

43.87%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.72x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

6.31x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-31.18 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Aaron Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AARON across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Return on Equity (20.95%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (18.62%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (17.26%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Strong Revenue Growth (21.60%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (29.50% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (42.61% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (43.87% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (6.31x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (73.06%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Premium Valuation Risk (P/E: 54.92x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-23.63%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Negative Free Cash Flow (₹-31.18 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Aaron Industries Ltd vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Aaron Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
57.1/100
119
₹384.45
54.9
Average
20.95%
Excellent
18.62%
Good
0.7
Good
43.87%
Excellent
29.50%
Excellent
0.33%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Aaron Industries Ltd PE Ratio History

Historical price-to-earnings ratio for AARON — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20246.00₹354.9059.2x
FY 20235.37₹282.1052.5x
FY 20223.70₹172.5046.6x
FY 20211.92₹113.9559.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Aaron Industries Ltd Dividend History

Annual cash dividends paid by AARON — dividend yield 0.33%

Financial YearDividends Paid (₹ Cr)
FY 20251.05 Cr
FY 20241.00 Cr
FY 20230.80 Cr
FY 20210.32 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Aaron Industries Ltd Quarterly Performance

Latest quarterly metrics for AARON — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

21.60%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-23.63%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

29.50%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

43.87%

Compounded annual net profit growth over 5 years

Aaron Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AARON — calculated from daily price history

23RSI 14
Oversold — RSI 23

Selling pressure is heavy — potential reversal zone.

SMA 50
135
▼ Price below SMA 50 — Short-term bearish
SMA 200
183
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
11K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Aaron Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Aaron Industries Ltd (AARON) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Aaron Industries Ltd

About AARON (Aaron Industries Ltd)

Aaron Industries Ltd is a dynamic manufacturer specializing in vertical transportation solutions and precision metal finishing. Within the bustling Indian industrial landscape, AAR...ON distinguishes itself through the meticulous design and production of elevator systems and components. AARON's dedication is reflected in the careful crafting of elevator cabins, automatic doors, traction machines, and essential components. Their expertise extends beyond mere assembly, focusing on innovative design and quality materials for safe, efficient vertical mobility. AARON is committed to delivering reliable and cost-effective products, aiming to meet diverse architectural needs and elevate the standards of building accessibility across the nation. Beyond its prominent role in the elevator industry, AARON excels in the realm of stainless steel polishing and finishing. This segment provides crucial surface treatments that elevate the aesthetic appeal and durability of metal products. Through skilled craftsmanship and advanced techniques, AARON transforms raw stainless steel sheets into highly polished surfaces, ready for use in diverse sectors. This specialization not only enhances the appearance of metal but also improves its resistance to corrosion and wear, extending the life of the final product. AARON's dedication to quality and precision makes them a trusted partner for businesses seeking high-end metal finishing solutions. AARON provides a comprehensive portfolio of solutions, including control panels that manage the complex operations of elevators, robust mild steel components, and premium door systems. The range includes both automatic and manual door options, giving clients flexibility to customize elevator systems based on specific building requirements and budget. By combining both cutting-edge technology and reliable materials, AARON guarantees its solutions are user-friendly, adaptable, and built for longevity. The corporation is dedicated to enhancing vertical mobility and beautifying metal surfaces while supporting its clients with customized and dependable industrial solutions.

Company Details

Symbol:AARON
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Amar Chinubhai Doshi
Founder, Executive Chairman & MD
Mr. Monish Amarbhai Doshi
CFO & Executive Director
Mr. Nitinkumar Maniya
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

AARON Share Price: Frequently Asked Questions

What is the current share price of Aaron Industries Ltd?

Aaron Industries Ltd (AARON) trades at ₹119.24 on NSE. Market cap ₹384.45 (Cr). Educational data only.

What is the P/E ratio of Aaron Industries Ltd?

Aaron Industries Ltd has a P/E of 54.92x vs industry average 33.94x.

What is the Bull Run score for Aaron Industries Ltd?

Aaron Industries Ltd has a Bull Run score of 57.1/100 based on 25+ financial parameters.

Does Aaron Industries Ltd pay dividends?

Aaron Industries Ltd has a dividend yield of 0.33%. Past dividends don't guarantee future payments.

What is the ROE of Aaron Industries Ltd?

Aaron Industries Ltd has ROE of 20.95%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Aaron Industries Ltd?

Aaron Industries Ltd has debt-to-equity of 0.72.

Is Aaron Industries Ltd a good investment?

Bull Run gives Aaron Industries Ltd a score of 57.1/100. This is not investment advice — consult a SEBI-registered advisor.