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  5. Iron & Steel Products
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  7. Aeroflex Industries Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Aeroflex Industries Ltd Stock Price Today (NSE: AEROFLEX)

Aeroflex Industries Ltd

AEROFLEXIron & Steel Products
₹308.99₹2.24 (0.72%)↓
As on 20 Apr 2026, 05:50 am ISTMarket Open

Fundamental Score

...

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

Aeroflex Industries Ltd share price today is ₹308.99, down 0.72% on NSE/BSE as of 20 April 2026. Aeroflex Industries Ltd (AEROFLEX) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹2.37K (Cr). The 52-week high for AEROFLEX share price is ₹264.00 and the 52-week low is ₹152.10. At a P/E ratio of 49.63x, AEROFLEX is currently trading above its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 16.57% and a debt-to-equity ratio of 0.03.

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

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-0.72%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹308.99— Analysis below may reference an earlier price snapshot.

Aeroflex Share Price: A Financial Analysis

The Iron & Steel Products sector is currently experiencing a dynamic shift, driven by infrastructure development and renewable energy initiatives, leading to increased demand for specialized steel solutions. This creates both opportunities and challenges for companies within the sector. Our analysis will focus on understanding whether Aeroflex Industries Ltd is strategically positioned to capitalize on these opportunities.

This financial analysis examines the current standing of the Aeroflex share price, which is currently trading at ₹185.649994. A key metric to consider is the company’s Price-to-Earnings (PE) ratio of 49.63. Compared to sector peers, like Azad India, this suggests investors are anticipating higher earnings growth from Aeroflex. However, it is also important to consider the *quality* of this earnings growth. One must consider management's historical approach to resource allocation, capital project management, and shareholder communication for a deeper assessment. A higher PE can be warranted if Aeroflex's management demonstrates a superior strategic vision and execution compared to its peers.

A significant strength for Aeroflex is its Return on Capital Employed (ROCE) of 22.34%. This robust ROCE figure demonstrates the company's efficiency in generating profits from its capital investments. A sustained high ROCE, like this, contributes significantly to building a wider economic moat, making it more difficult for competitors like Msp Steel & Power Ltd and P M Telelinks Ltd to erode Aeroflex's market share. The company's ability to consistently generate high returns provides it with a financial cushion to reinvest in innovation, expand operations, and weather industry downturns more effectively.

In conclusion, while the Aeroflex share price reflects investor optimism, a detailed evaluation of management quality and the sustainability of its impressive ROCE are crucial for a comprehensive understanding of its long-term potential within the Iron & Steel Products sector. This analysis is part of a larger, 80-parameter fundamental audit, and verified for accuracy and thoroughness by Sweta Mishra.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Aeroflex Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹244.90₹255.95₹241.05₹252.799.97L (Cr)
1 Apr 26₹246.25₹255.00₹245.55₹250.6414.18L (Cr)
30 Mar 26₹236.00₹245.90₹234.39₹238.7615.53L (Cr)
27 Mar 26₹247.00₹253.97₹239.34₹240.5712.19L (Cr)
25 Mar 26₹255.00₹264.00₹247.63₹251.3835.45L (Cr)
24 Mar 26₹231.80₹255.00₹229.33₹252.0972.86L (Cr)
23 Mar 26₹231.90₹231.90₹220.20₹223.2910.28L (Cr)
20 Mar 26₹234.54₹238.45₹232.05₹233.758.80L (Cr)
19 Mar 26₹242.00₹244.60₹229.01₹230.6618.40L (Cr)
18 Mar 26₹251.02₹262.40₹246.10₹247.7730.02L (Cr)

Aeroflex Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹246.25₹255.95₹241.05₹252.79+2.66%
Mar 2026₹221.00₹264.00₹206.98₹238.76+8.04%
Feb 2026₹177.85₹239.89₹167.30₹234.93+32.09%
Jan 2026₹193.99₹204.83₹158.00₹178.18-8.15%
Dec 2025₹187.79₹211.80₹165.85₹193.10+2.83%
Nov 2025₹189.77₹194.40₹172.50₹186.67-1.63%
Oct 2025₹174.99₹192.70₹166.10₹187.13+6.94%
Sept 2025₹171.00₹198.75₹170.00₹174.24+1.89%
Aug 2025₹188.11₹194.09₹168.10₹170.42-9.40%
Jul 2025₹213.95₹227.00₹186.25₹189.03-11.65%
Jun 2025₹166.25₹217.45₹161.07₹212.76+27.98%
May 2025₹171.50₹173.02₹152.10₹165.88-3.28%

AI Research Briefing

Powered by Gemini · 2026-04-17

Aeroflex is a data center cooling play trading at nosebleed valuations; watch for execution on capacity expansion.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEBreakout - Hit all-time high on April 16, 2026.Expensive - P/E of 79x vs. industry P/E of 22.05x.

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

Aeroflex Industries hit an all-time high of ₹299.95 on April 16, 2026. The stock has gained 20.6% in the last six trading days and is trading above all key moving averages. Q3 FY26 results showed revenue up 21% YoY to ₹121 Cr, EBITDA up 28% to ₹28.5 Cr, and PAT up 8% to ₹16.5 Cr.

�� CORE STORY (THE REAL GAME):

Aeroflex is being priced as a play on the data center liquid cooling boom, not just a stainless steel hose manufacturer. The market is betting on their exclusive India supply agreement and capacity expansion to drive significant revenue growth.

�� WHAT IS DRIVING THE STOCK:

Data Center Cooling: Expansion into liquid cooling solutions for data centers is a key driver. Skid assembly capacity is expanding from 2,000 to 15,000 units by Q1 FY27.

Strong Q3 FY26 Results: Revenue, EBITDA, and PAT all showed significant YoY growth, with a focus on value-added products.

Export Growth: Despite tariff headwinds, quarterly export business grew 30% YoY, demonstrating customer stickiness.

⚖️ BULL vs BEAR:

Bull:Liquid cooling segment can generate ₹300-350 crore revenue at peak utilization with EBITDA margins in line with corporate averages. Existing skid assembly machines are applicable to EV battery and semiconductor chip cooling.

Bear:Premium valuation (P/E of 79x) leaves little room for error. US tariff escalation or delay in India-EU FTA implementation could hurt exports. Steel price pressures could impact margins. Microcap liquidity is always a risk.

�� WHAT MARKET IS PRICING:

The market is pricing in flawless execution of the liquid cooling strategy and continued high growth in exports. Any hiccups in capacity expansion or a slowdown in data center spending will lead to a correction.

�� BOTTOM LINE:

Aeroflex is a high-growth, high-risk play on the data center cooling theme; valuation is stretched, execution needs to be perfect, and liquidity is a concern.

Why Now
  • Strong Q3 FY26 results with 21% revenue growth
  • Expansion into data center liquid cooling solutions
  • 30% YoY growth in quarterly export business
Potential Catalysts
  • Successful ramp-up of skid assembly capacity
  • New orders in the data center cooling segment
  • Positive developments regarding US tariffs or India-EU FTA
Key Risks
  • Microcap liquidity risk
  • Premium valuation (P/E of 79x)
  • Execution risk on capacity expansion
Institutional Activity

FII and DII holdings have decreased slightly.

Macro Context

Global steel demand is expected to grow, with India being a key growth market.

Order Book / Expansion

Aeroflex received a ₹78 million order for advanced flow control components for data center cooling in October 2025.

Cash Flow Quality

No - Negative free cash flow of ₹-46.15 Cr over the last 5 years.

3–6 Month Outlook

Focus on expanding capacity for data center cooling solutions and increasing penetration in the global AI infrastructure market. Aiming for sustained 23-25% EBITDA margins.

Primary Thesis Risk

Failure to execute on liquid cooling capacity expansion will crater the stock.

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

Returns & Performance

Good

ROE

16.57%
Excellent

ROCE

22.34%
Excellent

OPM (5Y)

19.65%

Div Yield

0.16%

Aeroflex Industries Ltd Valuation Check

Poor

P/E Ratio

49.63x
Poor

Industry P/E

22.05x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

2.37K (Cr)

Shareholding Pattern

Excellent

Promoter

66.99%
Poor

FII

0.23%
Poor

DII

3.43%
Excellent

Pledged

0.00%

Growth Engine

Poor

Profit Growth (Q)

4.17%
Good

Sales Growth (Q)

16.72%
Excellent

Sales Growth (5Y)

21.12%
Poor

EPS Growth (5Y)

2.42%
Excellent

Profit Growth (5Y)

44.84%

Balance Sheet Health

Excellent

Debt to Equity

0.03x
Excellent

Int. Coverage

101.03x

Free Cash Flow (5Y)

-46.15 (Cr)

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

Aeroflex Industries Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

10 factors identified

Strong Return on Equity (16.57%)

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 (22.34%)

Observation: Superior returns on capital employed across business operations.

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

Strong Operating Margins (19.65%)

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

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

Strong Revenue Growth (16.72%)

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 (21.12% CAGR)

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

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

Strong Profit Growth Track Record (44.84% CAGR)

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

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

Conservative Debt Levels (D/E: 0.03)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (101.03x)

Observation: Earnings comfortably cover interest obligations.

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

Balanced Promoter Holding (66.99%)

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

4 factors identified

Premium Valuation Risk (P/E: 49.63x)

Observation: High valuation multiples may limit upside potential.

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

Weak Earnings Growth (2.42% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Negative Free Cash Flow (₹-46.15 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 3.66%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Peer Comparison - Iron & Steel Products

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

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
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
Aeroflex Industries LtdAeroflex Indust...Selected✓
AEROFLEX • 543972
57.9/100
₹308.99₹309
₹2374.35₹2374.35
49.63Average
49.6
Average
16.57%Good
16.57%
Good
22.34%Excellent
22.34%
Excellent
0.03Excellent
0.0
Excellent
44.84%Excellent
44.84%
Excellent
21.12%Excellent
21.12%
Excellent
0.16%
Apl Apollo Tubes LtdApl Apollo Tube...
APLAPOLLO • 533758
58.2/100
₹2112.10₹2112
₹48140.62₹48140.62
45.90Average
45.9
Average
18.95%Good
18.95%
Good
0.00%Poor
0.00%
Poor
0.16Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Shyam Metalics and Energy LtdShyam Metalics ...
SHYAMMETL • 543299
68/100
₹864.30₹864
₹22904.25₹22904.25
23.60Average
23.6
Average
8.99%Poor
8.99%
Poor
0.00%Poor
0.00%
Poor
0.10Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Welspun Corp LtdWelspun Corp Lt...
WELCORP • 532144
68.3/100
₹1091.95₹1092
₹22738.84₹22738.84
12.82Average
12.8
Average
18.59%Good
18.59%
Good
0.00%Poor
0.00%
Poor
0.19Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Ratnamani Metals & Tubes LtdRatnamani Metal...
RATNAMANI • 520111
68/100
₹2479.90₹2480
₹16673.81₹16673.81
27.49Average
27.5
Average
16.01%Good
16.01%
Good
0.00%Poor
0.00%
Poor
0.06Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Godawari Power & Ispat LtdGodawari Power ...
GPIL • 532734
58.9/100
₹302.50₹303
₹16393.58₹16393.58
22.05Average
22.1
Average
17.23%Good
17.23%
Good
0.00%Poor
0.00%
Poor
0.04Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Gallantt Ispat LtdGallantt Ispat ...
GALLANTT • 532726
61.5/100
₹872.20₹872
₹14229.55₹14229.55
28.88Average
28.9
Average
15.11%Good
15.11%
Good
0.00%Poor
0.00%
Poor
0.21Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Usha Martin LtdUsha Martin Ltd...
USHAMART • 517146
43.7/100
₹448.80₹449
₹12879.99₹12879.99
30.52Average
30.5
Average
15.83%Good
15.83%
Good
0.00%Poor
0.00%
Poor
0.09Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Jindal Saw LtdJindal Saw Ltd...
JINDALSAW • 500378
42.5/100
₹240.56₹241
₹10658.72₹10658.72
7.76Average
7.8
Average
16.31%Good
16.31%
Good
0.00%Poor
0.00%
Poor
0.43Excellent
0.4
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Maharashtra Seamless LtdMaharashtra Sea...
MAHSEAMLES • 500265
62/100
₹641.85₹642
₹7894.79₹7894.79
10.07Average
10.1
Average
12.90%Average
12.90%
Average
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Jayaswal Neco Industries LtdJayaswal Neco I...
JAYNECOIND • 522285
38.5/100
₹96.76₹97
₹6850.49₹6850.49
18.18Average
18.2
Average
4.86%Poor
4.86%
Poor
0.00%Poor
0.00%
Poor
0.90Good
0.9
Good
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

Aeroflex Industries Ltd Financial Statements

Comprehensive financial data for Aeroflex Industries Ltd including income statement, balance sheet and cash flow

About AEROFLEX (Aeroflex Industries Ltd)

Aeroflex Industries Ltd is a compelling force within the Iron & Steel Products sector, specializing in the fabrication of high-precision flexible metal solutions. Eschewing convent...ional norms, Aeroflex focuses on the intricacies of metal manipulation, transforming raw steel into meticulously crafted hoses, assemblies, and components. Their expertise extends beyond mere production, delving into the science of material resilience and adaptability. The company's dedication to quality ensures its products stand as testaments to durability, able to withstand extreme conditions and pressures. This foundational strength allows Aeroflex to serve a diverse range of industries, supplying vital components that guarantee performance and longevity in critical applications. Their product portfolio showcases an impressive range of solutions, tailored to meet the rigorous demands of specialized fields. From intricately corrugated stainless steel hoses designed for high-temperature environments to double interlock flexible metal conduits providing superior protection for sensitive wiring, Aeroflex demonstrates a keen understanding of specific industry needs. Furthermore, their expertise extends to composite and Teflon/PTFE hoses, offering resistance to corrosive substances and ensuring contaminant-free transport. The fabrication of custom-engineered fittings and expansion joints further solidifies their position as a holistic solutions provider, addressing the complex challenges faced by their clientele with precision and innovative engineering. Aeroflex's impact extends far beyond their immediate product offerings, reaching into the fabric of industries that rely on unwavering performance. Their products serve as indispensable elements in fire suppression systems, safeguarding lives and property with reliable delivery of critical resources. They contribute to the advancement of aerospace and defense technologies, enabling the seamless operation of complex machinery. Moreover, Aeroflex plays a crucial role in the burgeoning fields of semiconductors, robotics, hydrogen technology, electric mobility, and HVAC, providing the infrastructure for innovation and progress. Through their commitment to excellence, Aeroflex empowers these industries to push the boundaries of what is possible.

Company Details

Symbol:AEROFLEX
Industry:Iron & Steel Products
Sector:Iron & Steel Products
Website:https://www.aeroflexindia.com

Key Leadership

Mr. Asad Daud
Chairman & MD
Mr. Mustafa Abid Kachwala
CFO & Whole-Time Director
Mr. Harish Khatter
Vice President of Operations

Corporate Events

Recent
Ex-Dividend Date
2025-07-29

Latest News

Q4 results today: Adani Power, Indian Oil, Vedanta, Moil, Crisil on Apr 30 - Business Standard
Business Standard• 4/30/2025
India's Aeroflex in talks to enter aerospace sector, executive says - Reuters
Reuters• 9/13/2023
Bumper Debut! Aeroflex Industries shares list at 83% premium over IPO price - The Economic Times
The Economic Times• 8/31/2023

AEROFLEX Share Price: Frequently Asked Questions

What is the current share price of Aeroflex Industries Ltd?

As of 20 Apr 2026, 05:50 am IST, Aeroflex Industries Ltd share price is ₹308.99. The Aeroflex Industries Ltd stock has a market capitalisation of ₹2.37K (Cr) on NSE/BSE.

Is Aeroflex Industries Ltd share price Overvalued or Undervalued?

Aeroflex Industries Ltd share price is currently trading at a P/E ratio of 49.63x, compared to the industry average of 22.05x. Based on this relative valuation, the Aeroflex Industries Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of Aeroflex Industries Ltd share price?

The 52-week high of Aeroflex Industries Ltd share price is ₹264.00 and the 52-week low is ₹152.10. These values are updated daily from NSE/BSE price data.

What factors affect the Aeroflex Industries Ltd share price?

Key factors influencing Aeroflex Industries Ltd share price include quarterly earnings growth (Sales Growth: 16.72%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Aeroflex Industries Ltd a good stock for long-term investment?

Aeroflex Industries Ltd shows a 5-year Profit Growth of 44.84% and an ROE of 16.57%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.03 before investing in Aeroflex Industries Ltd shares.

How does Aeroflex Industries Ltd compare with its industry peers?

Aeroflex Industries Ltd competes with major peers in the Iron & Steel Products. Investors should compare Aeroflex Industries Ltd share price P/E of 49.63x and ROE of 16.57% against the industry averages to determine competitive standing.

What is the P/E ratio of Aeroflex Industries Ltd and what does it mean?

Aeroflex Industries Ltd share price has a P/E ratio of 49.63x compared to the industry average of 22.05x. Investors pay ₹50 for every ₹1 of annual earnings.

How is Aeroflex Industries Ltd performing according to Bull Run's analysis?

Aeroflex Industries Ltd has a Bull Run fundamental score of 57.9/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Aeroflex Industries Ltd belong to?

Aeroflex Industries Ltd operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Aeroflex Industries Ltd share price.

What is Return on Equity (ROE) and why is it important for AEROFLEX?

AEROFLEX has an ROE of 16.57%, which indicates excellent management efficiency. ROE measures how efficiently Aeroflex Industries Ltd generates profits from shareholders capital.

How is AEROFLEX debt-to-equity ratio and what does it indicate?

AEROFLEX has a debt-to-equity ratio of 0.03, which indicates conservative financing with low financial risk.

What is AEROFLEX dividend yield and is it a good dividend stock?

AEROFLEX offers a dividend yield of 0.16%, meaning you receive ₹0.16 annual dividend for every ₹100 invested in Aeroflex Industries Ltd shares.

How has AEROFLEX share price grown over the past 5 years?

AEROFLEX has achieved 5-year growth rates of: Sales Growth 21.12%, Profit Growth 44.84%, and EPS Growth 2.42%.

What is the promoter holding in AEROFLEX and why does it matter?

Promoters hold 66.99% of AEROFLEX shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Aeroflex Industries Ltd.

What is AEROFLEX market capitalisation category?

AEROFLEX has a market capitalisation of ₹2374 crores, placing it in the Small-cap category.

How volatile is AEROFLEX stock?

AEROFLEX has a beta of N/A. A beta > 1 suggests the Aeroflex Industries Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is AEROFLEX operating profit margin trend?

AEROFLEX has a 5-year average Operating Profit Margin (OPM) of 19.65%, indicating the company's operational efficiency.

How is AEROFLEX quarterly performance?

Recent quarterly performance shows Aeroflex Industries Ltd YoY Sales Growth of 16.72% and YoY Profit Growth of 4.17%.

What is the institutional holding pattern in AEROFLEX?

AEROFLEX has FII holding of 0.23% and DII holding of 3.43%. Significant institutional holding often suggests professional confidence in the Aeroflex Industries Ltd stock.

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