NSE: AIAENG | BSE: 532683

Expensive Performer

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3365.30 9.00 (0.27%)

32.01% Fall from 52W High

23,152 NSE+BSE Volume

NSE 28 Mar, 2025 11:41 AM (IST)

31,405.1

Market Cap

Market Leader

0.4

Beta 1Year

Very Low volatility

AIA Engineering Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for AIAENG, BSE:532683 AIA Engineering Ltd.

AIA Engineering Ltd.

02 Nov 2020

3365.30

0.27%

Growing share via value added offerings; Retain 'BUY': We retain FY22 volumeestimatesat296kMTassumingi)Increaseinannualgrindingmediavolumes by2025kMTonanormalizedbaseofFY20,ii)Approx.10kMTcontributionfrommill lining solutions & ~70bps margin expansion over FY2022 led by benefits of INR depreciation (~75% exports), launch of relatively high margin value added mill lining solutions & operating leverage play. The stock is currently trading at 24x FY22E earnings. It deserves premium multiple due to strong business MOAT. We remain optimisticonthebusinessprospectswithadjustedROE(excash)of28%byFY22E,...

AIA Engineering Ltd. has an average target of 4188.67 from 3 brokers.

AIA Engineering Ltd.

12 Aug 2020

3365.30

0.27%

AIA Engineering

Hold: AIA Engineering Ltd.

ICICI Securities Limited

Mining volumes expected to revive gradually over FY21E During the quarter, sales volumes came in at 53177 MT, down 16.4% YoY dragged down by cement/other segment volumes. Mining segment volumes came in at 41055 MT, up 1.0% YoY and cement & others segment volumes came in at 12112 MT, down 47.3%, YoY. Mining segment is expected to at least sustain the run rate of 40-41000 MT in coming quarters while non-mining segment reduced owing to slower infrastructure, utilities spend across the world. The company did not face much supply chain...

AIA Engineering Ltd. is trading below its 50 day SMA of 3419.2

AIA Engineering Ltd.

23 Jun 2020

3365.30

0.27%

AIA Engineering

Hold: AIA Engineering Ltd.

Target

ICICI Securities Limited

During the quarter, sales volumes were at 82128 MT, up 2.6% YoY, while overall FY20 volumes were at 267229 MT YoY. Mining segment volumes were at 55105 MT, up 9.3% YoY while cement & others segment volumes were at 27023 MT, down 8.8% YoY. Mining segment, which contributes ~67%, reported decent growth despite volumes loss of ~20000-22000 MT from iron ore customer in Brazil, Africa. The company did not face much supply chain disruption or dispatch issues as it has already stocked up its warehouses which allowed dispatches to customers despite lockdowns....

AIA Engineering Ltd. has lost -21.56% in the last 6 Months

AIA Engineering Ltd.

31 Mar 2020

3365.30

0.27%

AIA Engineering

Hold: AIA Engineering Ltd.

Target

ICICI Securities Limited

Companies like Larsen & Toubro and KEC with exposure to the Middle East and North Africa (MENA) region are expected to get impacted by the recent more than 60% fall in crude oil prices to US$22/barrel. This is expected to impact overall orders/awarding from the MENA region. Companies like Elgi Equipments, AIA Engineering, Thermax, Engineers India and Kalpataru Power with exposure to international geographies like Europe, Middle East, China for sales or essential raw material may get impacted. However, lockdowns in India, UK, Europe and other geographies due to Covid-19 are...

AIA Engineering Ltd. is trading below its 50 day SMA of 3419.2

AIA Engineering Ltd.

01 Feb 2020

3365.30

0.27%

AIA Engineering

Hold: AIA Engineering Ltd.

ICICI Securities Limited

Subdued mining volumes to impact FY20E performance During the quarter, sales volumes came in at 60263 MT, which grew marginally by 1.7% YoY while 9MFY20 volumes remained flat YoY to 185101 MT YoY. Mining segment sales volume grew marginally by 2.7% to 41162 MT while other segment came in flat at 19101 MT. Mining segment, which contributes more than 66%, got impacted by loss of volumes of ~18000 to 20000 MT from one of the Brazilian iron ore mine customer and ~5000 MT due to mining shutdown of one copper mining customer. Accordingly, the...

Number of FII/FPI investors decreased from 271 to 255 in Dec 2024 qtr

AIA Engineering Ltd.

18 Nov 2019

3365.30

0.27%

AIA Engineering Ltd: Industrials - Machinery

Hold: AIA Engineering Ltd.

Target

Karvy

Volumes Disappoint in Q2; Recovery to be Gradual: AIA Engineering earnings for Q2 grew by 25 percent to Rs. 16.1 due to the benefit of switching to new tax rate.

AIA Engineering Ltd. has lost -21.56% in the last 6 Months

AIA Engineering Ltd.

14 Nov 2019

3365.30

0.27%

AIA Engineering

Hold: AIA Engineering Ltd.

Target

ICICI Securities Limited

Mining volumes pick up; key to growth over FY19-21E During the quarter, sales volumes came in at 61220 MT, down marginally by 0.8% YoY while H1FY20 volumes also de-grew 0.8% to 124838 MT YoY. Mining segment sales volume grew marginally by 0.9% to 40358 MT while other segment de-grew 3.8% to 20862 MT. The mining segment, which contributes more than 66%, got impacted by ~5000 MT of lesser offtake from one of the Brazilian iron ore mine customer and ~5000 MT adverse volume impact due to cautious stance by a lot of mines leading to inventory...

Number of FII/FPI investors decreased from 271 to 255 in Dec 2024 qtr

AIA Engineering Ltd.

16 Aug 2019

3365.30

0.27%

AIA Engineering Ltd: Q1 Results Mixed

Hold: AIA Engineering Ltd.

Target

Karvy

AIA revenue came in much below our estimates (17 percent) due to lower off-take by a Brazilian iron ore mining customer on account of an accident.

AIA Engineering Ltd. has lost -21.56% in the last 6 Months

AIA Engineering Ltd.

14 Aug 2019

3365.30

0.27%

AIA Engineering

Hold: AIA Engineering Ltd.

Recommendation Target

ICICI Securities Limited

AIA Engineering Ltd. is trading below its 50 day SMA of 3419.2

AIA Engineering Ltd.

31 May 2019

3365.30

0.27%

AIA Engineering Ltd: AIA Delivers Strong Q4; Valuation Rich

Hold: AIA Engineering Ltd.

Target

Karvy

AIA Delivers Strong Q4; Valuation Rich: AIA Engineering (AIA) Q4 earnings were higher than our estimates on the back of strong volume growth in the mining segment. Volume for mining segment grew by 34.1% YoY to 37.6k tn and others (cement, utilities) segment grew by 2.9% to 28.8k tn.

AIA Engineering Ltd. has lost -21.56% in the last 6 Months

No results found

Is AIA Engineering Ltd. worth buying?

65 Votes:

Buy 72.31%

Sell 16.92%

Hold 10.77%

RESEARCH REPORTS

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