Aaron Industries
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Aaron Industries received an order from Gulf Elevators Private Limited for the supply of up to 30 EVOQ360 home lifts for an estimated Rs 2 crore excluding GST, to be executed by 30 September 2027. The EVOQ360 was the company's premium home-lift offering for applications up to G+3 and accounted for about 5-7% of sales in the June quarter at margins of around 20-25% with four to five exclusive partners. In the September quarter the company dispatched 19 such units, while 18 customers held confirmed advance orders for about 60 units and five distributors were on board. Elevator doors and systems accounted for about 84% of revenue in the year to March 2024, when total revenue was Rs 63.23 crore. Capacity utilisation stood at 45-50% in the June quarter, when quarterly revenue was Rs 24.44 crore.
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Aaron Industries received an order from Gulf Elevators Private Limited for the supply of up to 30 EVOQ360 home lifts for an estimated Rs 2 crore excluding GST, to be executed by 30 September 2027. The EVOQ360 was the company's premium home-lift offering for applications up to G+3 and accounted for about 5-7% of sales in the June quarter at margins of around 20-25% with four to five exclusive partners. In the September quarter the company dispatched 19 such units, while 18 customers held confirmed advance orders for about 60 units and five distributors were on board. Elevator doors and systems accounted for about 84% of revenue in the year to March 2024, when total revenue was Rs 63.23 crore. Capacity utilisation stood at 45-50% in the June quarter, when quarterly revenue was Rs 24.44 crore.
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July 24 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES - APPROVES RE-APPOINTMENT OF AMAR DOSHI AS CHAIRMAN AND MANAGING DIRECTOR,
Source text: ID:nNSE2Phg2W
Further company coverage: AARN.NS
(([email protected];))
July 24 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES - APPROVES RE-APPOINTMENT OF AMAR DOSHI AS CHAIRMAN AND MANAGING DIRECTOR,
Source text: ID:nNSE2Phg2W
Further company coverage: AARN.NS
(([email protected];))
Jan 2 (Reuters) - Aaron Industries Ltd AARN.NS:
RECORDS MONTHLY SALES OF 108.8 MILLION RUPEES IN DECEMBER 2025
Source text: ID:nNSE56hwqb
Further company coverage: AARN.NS
(([email protected];;))
Jan 2 (Reuters) - Aaron Industries Ltd AARN.NS:
RECORDS MONTHLY SALES OF 108.8 MILLION RUPEES IN DECEMBER 2025
Source text: ID:nNSE56hwqb
Further company coverage: AARN.NS
(([email protected];;))
July 23 (Reuters) - Aaron Industries Ltd AARN.NS:
RECOMMENDED ISSUE OF BONUS SHARES IN PROPORTION OF 1:1
Source text: ID:nNSE3kdtCN
Further company coverage: AARN.NS
(([email protected];;))
July 23 (Reuters) - Aaron Industries Ltd AARN.NS:
RECOMMENDED ISSUE OF BONUS SHARES IN PROPORTION OF 1:1
Source text: ID:nNSE3kdtCN
Further company coverage: AARN.NS
(([email protected];;))
July 26 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES - OVER 50% OF CONSTRUCTION WORK FOR NEW MANUFACTURING UNIT IS COMPLETED
AARON INDUSTRIES LTD - ADJUSTING PROJECT TIMELINE DUE TO CHALLENGES ENCOUNTERED
AARON INDUSTRIES LTD - CONSTRUCTION OF UNIT-3 WILL BE COMPLETED BY DECEMBER 2024
Further company coverage: AARN.NS
(([email protected];))
July 26 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES - OVER 50% OF CONSTRUCTION WORK FOR NEW MANUFACTURING UNIT IS COMPLETED
AARON INDUSTRIES LTD - ADJUSTING PROJECT TIMELINE DUE TO CHALLENGES ENCOUNTERED
AARON INDUSTRIES LTD - CONSTRUCTION OF UNIT-3 WILL BE COMPLETED BY DECEMBER 2024
Further company coverage: AARN.NS
(([email protected];))
June 5 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES LTD - CONSTRUCTION OF NEW MANUFACTURING UNIT-3 IS CURRENTLY ONGOING
AARON INDUSTRIES LTD - ENCOUNTERED DELAY IN COMPLETION TIMELINE FOR UNIT-3 IN SURAT
AARON INDUSTRIES LTD - UNIT-3 PROJECTED TO BE FINALIZED BY JULY 2024
Source text for Eikon: ID:nNSEsTTG1
Further company coverage: AARN.NS
(([email protected];))
June 5 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES LTD - CONSTRUCTION OF NEW MANUFACTURING UNIT-3 IS CURRENTLY ONGOING
AARON INDUSTRIES LTD - ENCOUNTERED DELAY IN COMPLETION TIMELINE FOR UNIT-3 IN SURAT
AARON INDUSTRIES LTD - UNIT-3 PROJECTED TO BE FINALIZED BY JULY 2024
Source text for Eikon: ID:nNSEsTTG1
Further company coverage: AARN.NS
(([email protected];))
June 3 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES LTD - GETS ORDER WORTH 27.4 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: AARN.NS
(([email protected];))
June 3 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES LTD - GETS ORDER WORTH 27.4 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: AARN.NS
(([email protected];))
April 17 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES LTD - GOT TAX ORDER WITH INTEREST AND PENALTY OF 14.6 MILLION RUPEES
Source text for Eikon: ID:nNSE7vcx2S
Further company coverage: AARN.NS
(([email protected];;))
April 17 (Reuters) - Aaron Industries Ltd AARN.NS:
AARON INDUSTRIES LTD - GOT TAX ORDER WITH INTEREST AND PENALTY OF 14.6 MILLION RUPEES
Source text for Eikon: ID:nNSE7vcx2S
Further company coverage: AARN.NS
(([email protected];;))
** Shares of Aaron Industries AARN.NS up as much as 20% at 301.9 rupees
** Stock posts biggest intraday pct gain since September 2022; touches highest level since December 2023
** Elevator parts and elevator manufacturer buys machinery from Italy-based Salvagnini to boost production capacity
** AARN will be able to multiply its production capacity by at least three times with this acquisition, co adds
** Stock on track for a second consecutive week of gains if trends hold
** AARN down 1.9% so far this year, vs a 63.5% gain in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Aaron Industries AARN.NS up as much as 20% at 301.9 rupees
** Stock posts biggest intraday pct gain since September 2022; touches highest level since December 2023
** Elevator parts and elevator manufacturer buys machinery from Italy-based Salvagnini to boost production capacity
** AARN will be able to multiply its production capacity by at least three times with this acquisition, co adds
** Stock on track for a second consecutive week of gains if trends hold
** AARN down 1.9% so far this year, vs a 63.5% gain in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Jan 25 (Reuters) - Aaron Industries Ltd AARN.NS:
CONSTRUCTION OF NEW MANUFACTURING UNIT AT SURAT CURRENTLY UNDER PROCESS
THERE WILL BE DELAY IN COMPLETION OF CONSTRUCTION OF NEW MANUFACTURING UNIT
CONSTRUCTION EXPECTED TO BE COMPLETED BY MAY 2024
Source text for Eikon: ID:nNSE6mryl3
Further company coverage: AARN.NS
(([email protected];))
Jan 25 (Reuters) - Aaron Industries Ltd AARN.NS:
CONSTRUCTION OF NEW MANUFACTURING UNIT AT SURAT CURRENTLY UNDER PROCESS
THERE WILL BE DELAY IN COMPLETION OF CONSTRUCTION OF NEW MANUFACTURING UNIT
CONSTRUCTION EXPECTED TO BE COMPLETED BY MAY 2024
Source text for Eikon: ID:nNSE6mryl3
Further company coverage: AARN.NS
(([email protected];))
Oct 13 (Reuters) - Aaron Industries Ltd AARN.NS:
PLANNING TO SET UP NEW MANUFACTURING UNIT AT ROYAL INDUSTRIAL PARK, SURAT
Source text for Eikon: ID:nNSE79W0W2
Further company coverage: AARN.NS
(([email protected];))
Oct 13 (Reuters) - Aaron Industries Ltd AARN.NS:
PLANNING TO SET UP NEW MANUFACTURING UNIT AT ROYAL INDUSTRIAL PARK, SURAT
Source text for Eikon: ID:nNSE79W0W2
Further company coverage: AARN.NS
(([email protected];))
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Popular questions
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What does Aaron Industries do?
Aaron Industries is a one-stop destination for elevator products and parts including cabins, doors, frame, traction machine, as well as electronic equipment like distribution boxes and building hardware materials.
Who are the competitors of Aaron Industries?
Aaron Industries major competitors are GTV Engineering, Pritika Auto Inds., Organic Recycling, Innovators FacadeSys, Kataria Industries, RBM Infracon, Alphageo (India). Market Cap of Aaron Industries is ₹295 Crs. While the median market cap of its peers are ₹252 Crs.
Is Aaron Industries financially stable compared to its competitors?
Aaron Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Aaron Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Aaron Industries latest dividend payout ratio is 15.41% and 3yr average dividend payout ratio is 15.73%
How has Aaron Industries allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory
How strong is Aaron Industries balance sheet?
Balance sheet of Aaron Industries is strong. But short term working capital might become an issue for this company.
Is the profitablity of Aaron Industries improving?
The profit is oscillating. The profit of Aaron Industries is ₹9.78 Crs for TTM, ₹6.8 Crs for Mar 2026 and ₹8.24 Crs for Mar 2025.
Is the debt of Aaron Industries increasing or decreasing?
Yes, The net debt of Aaron Industries is increasing. Latest net debt of Aaron Industries is ₹30 Crs as of Sep-26. This is greater than Mar-26 when it was ₹21.44 Crs.
Is Aaron Industries stock expensive?
Aaron Industries is not expensive. Latest PE of Aaron Industries is 30.16, while 3 year average PE is 43.27. Also latest EV/EBITDA of Aaron Industries is 16.03 while 3yr average is 24.83.
Has the share price of Aaron Industries grown faster than its competition?
Aaron Industries has given better returns compared to its competitors. Aaron Industries has grown at ~-0.56% over the last 2yrs while peers have grown at a median rate of -20.57%
Is the promoter bullish about Aaron Industries?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 73.11% and last quarter promoter holding is 73.07%.
Are mutual funds buying/selling Aaron Industries?
There is Insufficient data to gauge this.