NSE: AIAENG | BSE: 532683

Mid-range Performer

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3178.20 -46.10 (-1.43%)

25.66% Fall from 52W High

39,819 NSE+BSE Volume

NSE 06 Oct, 2025 3:31 PM (IST)

29,659.1

Market Cap

Market Runner Up

0.7

Beta 1Year

Very Low volatility

AIA Engineering Ltd. share price target and research reports

Name: Latest research reports of AIA Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: AIA Engineering Ltd.
Rating: 5
Author: ICICI Securities Limited

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

AIA Engineering Ltd.

17 May 2018

3178.20

-1.43%

AIA Engineering

Buy: AIA Engineering Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research AIA Engineering reported better-than-expected Q4FY18 results. Revenues were at | 743.9 crore vs. our estimate of | 640.8 crore posting strong growth of 14.9% on a YoY basis. The other operating income was at | 49.5 crore due to increase in treasury income and foreign gains. FY18 revenues grew 9.7% to | 2374.8 crore During Q4FY18, AIA's volumes grew 14.3% to 66375 MT owing to robust growth in the mining segment, which grew 27% to 37591 MT....

AIA Engineering Ltd. has lost -25.35% in the last 1 Year

AIA Engineering Ltd.

01 Mar 2018

3178.20

-1.43%

AIA Engineering

Hold: AIA Engineering Ltd.

Target

Centrum Broking

AIA Engineering (AIAE), for Q3FY18 on a consolidated basis, continued to witness EBITDA margin pressure on account of higher raw material prices (Scrap prices were higher although ferro chrome prices were stable QoQ), currency volatility and pricing strategy to acquire new clients. EBITDA margins contracted by 712bps YoY to 22.2%. Sales volume for the quarter declined by 9% to 51,392 tonne. Revenue and net profit were down 3% to 572 crore and 4% to 116 crore....

AIA Engineering Ltd. has lost -25.35% in the last 1 Year

AIA Engineering Ltd.

12 Feb 2018

3178.20

-1.43%

Result Update:AIA Engg.

Hold: AIA Engineering Ltd.

Target

Axis Direct

Q3 sales at Rs 5.7 bn (-6% YoY) was below estimate on lower-than-expected sales volume of 51.4K MT but better realization at Rs 111K/MT on product mix and price pass-through. Core EBITDA margin was at 22% (in guided range) given sharp appreciation in input prices/currency and efforts to gain share.

AIA Engineering Ltd. is trading above its 50 day SMA of 3111.7

AIA Engineering Ltd.

08 Feb 2018

3178.20

-1.43%

AIA Engineering (3QFY18): Realisations uplift margins. Maintain NEUTRAL

Neutral: AIA Engineering Ltd.

Target

HDFC Securities

Maintain NEUTRAL with a revised TP of Rs 1,597 (25x Dec-19 EPS). AIA Engineering (AIAE) posted an EBITDA of Rs 1.27bn (-26.6/12.9% YoY/QoQ, Est Rs 1.30bn). EBITDA margins expanded 207bps QoQ to 22.2%, even though other expenses were higher (Rs 2.10bn, 7.8/3.7% YoY/QoQ) led by costlier power purchases. Realisations expanded leading gross spreads to escalate to 60.8% ((458)/157 bps YoY/QoQ). Volume commentary implies softer, back ended volume growth in the mining segment.

Number of FII/FPI investors increased from 240 to 250 in Jun 2025 qtr.

AIA Engineering Ltd.

07 Feb 2018

3178.20

-1.43%

AIA Engineering Ltd (Feb 07, 2018)

Hold: AIA Engineering Ltd.

Target

Karvy

AIA Engineering volume de-grew by 9.3% while realisation grew by 6.9% in Q3FY18, however, adjusted EPS was lower by ~ 20% in Q3FY18 due to higher raw material prices. We expect earnings to remain muted in FY18E; going forward the impact of volatile prices could dissipate and lead to stable state margin profilein FY19E & FY20E.

AIA Engineering Ltd. is trading below its 100 day SMA of 3245.7

AIA Engineering Ltd.

07 Feb 2018

3178.20

-1.43%

AIA Engineering

Hold: AIA Engineering Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research AIA Engineering reported disappointing set of Q3FY18 results. The disappointment was in terms of decline in volumes of consumables sold. Revenues declined by 3% YoY to |572.2 crore vs. our estimate of |615 crore. Volumes for Q3FY18 declined by 9.6% YoY to 51392 tonnes vs estimates of 60804 tonnes. On a segmental basis, mining and others segment declined by 9.8% and 9.3% YoY to 32346 and 19046 tonnes respectively. Realisations were up by 7.3% YoY to...

Number of FII/FPI investors increased from 240 to 250 in Jun 2025 qtr.

AIA Engineering Ltd.

21 Nov 2017

3178.20

-1.43%

AIA Engineering

Hold: AIA Engineering Ltd.

Centrum Broking

AIA Engineering Ltd (AIAE), on a consolidated basis, for Q2FY18 reported weak numbers. Higher raw material prices, currency volatility and pricing strategy to acquire new clients led to margin contraction by 1,001bps YoY to 20.1%. Revenue grew by ~6% to 559 crore, on the back of volume growth of 5% to 54,573 tonne. Net profit declined by 23% to 87 crore. Net realisations stood at 99,489 per tonne (up 0.4% YoY, down 0.2% QoQ), impacted by new client additions and change in product mix. At present AIAE's net cash position stands at 1,119 crore. Management Guidance: The management has revised downwards the sales...

AIA Engineering Ltd. is trading below its 100 day SMA of 3245.7

AIA Engineering Ltd.

15 Nov 2017

3178.20

-1.43%

AIA Engineering (2QFY18): A hiccup on a long haul. Downgrade to NEUTRAL

Neutral: AIA Engineering Ltd.

Recommendation Target

HDFC Securities

Downgrade to Neutral with a TP of Rs 1,497 (25x Sep-19 EPS). AIA Engineering (AIAE) posted weak numbers (EBITDA: Rs 1.12bn, (29.5)/(13.4)% YoY/QoQ, Est Rs 1.43bn). The miss was driven by a) Weaker volumes (54.5kT, 5.0% YoY, Est 57.8kT) and b) Higher other expenses (Rs2.03bn, 3.1/(10.6)% YoY/QoQ) led by costlier power purchases. RM costs moderated on expected lines (Gross spreads: 59.2%, (314)/171 bps YoY/QoQ), led by softer FeCr prices. Volume commentary implies softer, back ended volume growth in the mining segment.

Number of FII/FPI investors increased from 240 to 250 in Jun 2025 qtr.

AIA Engineering Ltd.

15 Nov 2017

3178.20

-1.43%

AIA Engineering

Hold: AIA Engineering Ltd.

ICICI Securities Limited

Revenues declined 5.3% YoY to | 542.9 crore vs. our estimate of | 583.5 crore. Volumes for Q2FY18 grew 5% YoY to 54573 tonnes vs. estimate of 58938 tonnes. On a segmental basis, mining and others segment grew 6.8% and 2.2% YoY to 34017 and 20556 tonnes, respectively. Realisations were down 2% YoY to | 99489/tonne Absolute EBITDA came in at | 112 crore, which were below our estimates of | 132 crore. EBITDA margins came in at 20.1% vs. estimate of 22%. Impact on margins is on account of penetrative...

Number of FII/FPI investors increased from 240 to 250 in Jun 2025 qtr.

AIA Engineering Ltd.

15 Nov 2017

3178.20

-1.43%

AIA Engineering Ltd: Market Share Focus and Rising Cost Driv... (Nov 15, 2017)

Hold: AIA Engineering Ltd.

Karvy

Volume growth at 10.8% in H1FY18; volume guidance revised: Volumesfor AIA grew by 10.8% to 1,10,253mt on YoY basis in H1FY18 and the same for Q2FY18 were higher by 5.0% and volumes reached 54,573mt. In terms of user segments, Mining and Non-mining segment volumes grew by 11.6% and 9.5% on YoY basis to 68,100mt and 42,153mt respectively during H1FY18.

AIA Engineering Ltd. is trading below its 100 day SMA of 3245.7

Is AIA Engineering Ltd. worth buying?

71 Votes:

Buy 73.24%

Sell 16.9%

Hold 9.86%