Integrated Filing — IndAS



General information about company

Scrip Code 543972
NSE Symbol AEROFLEX
MSEI Symbol NOTLISTED
ISIN INE024001021
Name of company Aeroflex Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of product
Start date and time of board meeting 05-05-2026   16:00:00
End date and time of board meeting 05-05-2026   17:48:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 05-05-2026
Indicate Company website link for updated RPT policy of the Company www.aeroflexindia.com/wp-content/uploads/RPT-Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Disclosure for default on loans and debt securities is not applicable to the listed entity during the quarter ended 31.03.2026.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 11,881.72 41,247.20
Other income 72.07 155.14
Total income 11,953.79 41,402.34
2 Expenses
(a) Cost of materials consumed 7,068.39 24,254.82
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (421.23) (1,241.78)
(d) Employee benefit expense 963.76 3,802.27
(e) Finance costs 28.23 93.60
(f) Depreciation, depletion and amortisation expense 721.50 2,412.67
(f) Other Expenses
1 Other expenses 1,340.93 4,683.09
Total other expenses 1,340.93 4,683.09
Total expenses 9,701.58 34,004.67
3 Total profit before exceptional items and tax 2,252.21 7,397.67
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,252.21 7,397.67
6 Tax expense
7 Current tax 500.00 1,897.00
8 Deferred tax (16.45) (27.55)
9 Total tax expenses 483.55 1,869.45
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,768.66 5,528.22
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,768.66 5,528.22
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 1,768.66 5,528.22
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,646.62 2,646.62
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 42,006.99
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.36 4.26
Diluted earnings (loss) per share from continuing operations 1.36 4.26
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.36 4.26
Diluted earnings (loss) per share from continuing and discontinued operations 1.36 4.26
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The above results have been reviewed by the audit committee and approved by the board of directors at its meeting held on 5th May 2026. The same have also been subjected to limited review by the statutory auditors and the report does not have any impact on the above Results and Notes for the quarter and year ended 31st March, 2026. The statutory auditors have issued report with unmodified opinion on the above results. 2. Exceptional items: There is no exceptional items during the quarter. 3. The Company has issued of 30,10,398 equity shares of Rs. 2 each at a price of Rs.182.70 per share including premium of Rs. 180.70 per share aggregating to Rs. 5,500 lakhs. 4. The Board of Directors of the Company has recommended a Final Dividend of Rs. 0.40 (20 Percent) per Equity Share of Rs. 2 each for the financial year ended 31st March, 2026 to be paid on fully paid Equity Shares amounting to Rs. 529.32 lakhs. The Final Dividend is subject to the approval of shareholders at the Annual General Meeting for the financial year ended 31st March, 2026. 5. The Company operates in a single segment manufacturing of product, hence segment wise reporting is not applicable. 6. Figures for the previous periods have been re-grouped re-classified to conform to the figures of the current periods. 7. This statement is as per Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 18,012.34
Capital work-in-progress 2,187.27
Investment property 740.54
Goodwill 0.00
Other intangible assets 85.68
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 2,780.65
Trade receivables, non-current 0.00
Loans, non-current 539.74
Other non-current financial assets
1 Other non-current assets 273.25
Total of other non-current financial assets 273.25
Total non-current financial assets 3,593.64
Deferred tax assets (net) 0.00
Other non-current assets
1 others 263.64
Total of other non-current assets 263.64
Total non-current assets 24,883.11
2 Current assets
Inventories 7,930.43
Current financial asset
Current investments 0.00
Trade receivables, current 12,475.41
Cash and cash equivalents 1,844.87
Bank balance other than cash and cash equivalents 5,059.36
Loans, current 0.00
Other current financial assets
Total of other current financial assets 3,760.17
Total current financial assets 23,139.81
Current tax assets (net)
Other current assets
Total of other current assets
Total current assets 31,070.24
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 55,953.35
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,646.62
Other equity 42,006.99
Total equity attributable to owners of parent 44,653.61
Non controlling interest
Total equity 44,653.61
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 61.82
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 lease liabilities 551.61
Total of other non-current financial liabilities 551.61
Total non-current financial liabilities 613.43
Provisions, non-current 0.00
Deferred tax liabilities (net) 83.55
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 696.98
Current liabilities
Current financial liabilities
Borrowings, current 44.96
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 314.22
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7,385.47
Total Trade payable 7,699.69
Other current financial liabilities
1 lease liabilities 230.97
Total of other current financial liabilities 230.97
Total current financial liabilities 7,975.62
Other current liabilities 2,048.51
1 Other current liabilities 2,048.51
Total of other current liabilities 2,048.51
Provisions, current 0.00
Current tax liabilities (Net) 578.63
Deferred government grants, Current
Total current liabilities 10,602.76
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 11,299.74
Total equity and liabilites 55,953.35
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 7,397.67
Adjustments for reconcile profit (loss)
Adjustments for finance costs 93.60
Adjustments for decrease (increase) in inventories (2,000.07)
Adjustments for decrease (increase) in trade receivables, current (380.58)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,083.27)
Adjustments for decrease (increase) in other non-current assets 31.76
Adjustments for other financial assets, non-current (0.80)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,131.58
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 176.97
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 2,412.67
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 127.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 2.19
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,257.05
Net cash flows from (used in) operations 8,654.72
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,933.38
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 6,721.34
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 6,622.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 539.74
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 127.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5,014.94)
Net cash flows from (used in) investing activities (12,049.68)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 60.21
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 81.00
Repayments of borrowings 32.57
Payments of lease liabilities 204.81
Dividends paid 387.96
Interest paid 93.60
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 5,260.78
Net cash flows from (used in) financing activities 4,683.05
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (645.29)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (645.29)
Cash and cash equivalents cash flow statement at beginning of period 2,490.16
Cash and cash equivalents cash flow statement at end of period 1,844.87





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Shweta Jain & Co Yes 31-05-2026


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 03-02-2026
Amount Raised 5,500.00
Report filed for Quarter ended 31-03-2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review Not Applicable
Comments of the auditors, if any Not Applicable
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Long-term working capital NA 4,152.50 0.00 950.00 0.00
2 General Corporate Purpose NA 1,202.50 0.00 164.00 0.00
3 Preferential Issue Expenses-Advisory Fees NA 141.60 0.00 141.60 0.00
4 Preferential Issue expenses-Board Meetings, Extra- Ordinary General Meetings and Miscellaneous expenses NA 3.40 0.00 3.40 0.00


Signatory Details

Name of signatory Ruthu Parampogi
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 05-05-2026




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Aeroflex Industries Limited Asad Daud Managing Director Remuneration Not Applicable 66.31 0.00 0.00
2 Aeroflex Industries Limited Mustafa Kachwala Whole-time Director & CFO Remuneration Not Applicable 7.10 0.00 0.00
3 Aeroflex Industries Limited Ruthu Parampogi Company Secretary & Compliance Officer Remuneration Not Applicable 6.22 0.00 0.00
4 Aeroflex Industries Limited Hyd-Air Engineering Private Limited Wholly owned Subsidiary Company Purchase of goods or services 20,000.00 Not Applicable 188.71 3.15 39.73
5 Aeroflex Industries Limited Hyd-Air Engineering Private Limited Wholly owned Subsidiary Company Loan Not Applicable 340.00 185.00 525.00
6 Aeroflex Industries Limited Hyd-Air Engineering Private Limited Wholly owned Subsidiary Company Any other transaction Interest Receivable Not Applicable 13.79 0.95 14.74
7 Aeroflex Industries Limited SAT Foundation (Formerly known as Taha Charitable Trust) Director Relative is trustee Any other transaction CSR Expenditure 120.00 Not Applicable 55.00 0.00 0.00
8 Aeroflex Industries Limited Italica Global F.Z.C Promoter Group Company Sale of goods or services 5,000.00 Not Applicable 1,950.41 424.64 892.57
9 Aeroflex Industries Limited Italica Global F.Z.C Promoter Group Company Any other transaction Business Development Services Not Applicable 36.45 0.00 0.00
Total value of transaction during the reporting period 2,663.99