Integrated Filing — IndAS



General information about company

Scrip Code 543743
NSE Symbol AERONEU
MSEI Symbol NA
ISIN INE035801013
Name of company AEROFLEX NEU 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 08-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-05-2026
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 Manufacturer
Start date and time of board meeting 08-05-2026   15:30:00
End date and time of board meeting 08-05-2026   16:30:00
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 08-05-2026
Indicate Company website link for updated RPT policy of the Company https://aeroflexneu.com/investor-relations/
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
The Default on Loans and Debt Securities is not applicable to the entity



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 2,567.37 10,125.09
Other income 131.78 432.08
Total income 2,699.15 10,557.17
2 Expenses
(a) Cost of materials consumed 983.38 4,649.23
(b) Purchases of stock-in-trade 335.22 832.58
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 445.75 650.36
(d) Employee benefit expense 126.43 508.77
(e) Finance costs 39.44 193.43
(f) Depreciation, depletion and amortisation expense 72.19 248.72
(f) Other Expenses
1 Other Expenses 697.13 3,231.89
Total other expenses 697.13 3,231.89
Total expenses 2,699.54 10,314.98
3 Total profit before exceptional items and tax (0.39) 242.19
4 Exceptional items (8.36) (8.36)
5 Total profit before tax (8.75) 233.83
6 Tax expense
7 Current tax 44.70 67.26
8 Deferred tax 37.23 49.53
9 Total tax expenses 81.93 116.79
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 (90.68) 117.04
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 (90.68) 117.04
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period (90.68) 117.04
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 2,579.60 2,579.60
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 7,491.67
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.35 0.45
Diluted earnings (loss) per share from continuing operations -0.3 0.38
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 -0.35 0.45
Diluted earnings (loss) per share from continuing and discontinued operations -0.3 0.38
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The audited Financial Results were reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on May 8, 2026. The Company confirms that its statutory auditors, M/s H R Jain & Co., have issued audit report with unmodified opinion on the Standalone Financial Results. 2. Exceptional item comprises of gratuity provision amounting Rs. 8.36 lakhs in view of the new Wages Codes. 3. The Company publishes the standalone financial results along with the consolidated financial results. In accordance with the Ind AS 108, 'Operating Segments', the Company has disclosed the segment information in the consolidated financial results and therefore no separate disclosure on segment information is given in the standalone financial results for the quarter and twelve months ended on March 31,2026. 4.On July 25,2025 the Company allotted 72,00,000 warrants, to the promoters and non-promoters at a price of Rs. 90/- per warrant aggregating to Rs. 6480 lakhs, convertible into equal number of equity shares having face value of Rs. 10/- per equity share with the option to the holders of the warrants to exercise the option of conversion within 18 months from the date of allotment of warrants on preferential basis. Out of the issued price being Rs. 90/- per warrant , Rs. 22.50 /- being 25 % of the issued price was paid on application(up-front) and the balance being 75% of the issued price is to be paid at the time exercise of the option of conversion of warrant. Till close of the year , none of the warrant holders has exercised the option of conversion. 5.During the previous year 2024-2025 relevant to the assessment year 2025-2026 , the Company opted taxation under section 115 BAA of Income tax Act,1961, accordingly the Company is not entitled to the MAT credit as available under the provision of the section 115JAA of the Income tax Act,1961,hence the MAT credit balance available as on 01/04/2025 was reversed. 6.Earning per share has been calculated as per the IND AS 33 - Earning per share . 7. This statement is as per Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015. 8.These standalone financial results are available on the Company's website viz, www.aeroflexneu.com and on the websites of National Stock Exchange Limited (www.nseindia.com) and BSE Limited (www.bseindia.com).



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 4,763.54
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.53
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 560.78
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Others 88.68
Total of other non-current financial assets 88.68
Total non-current financial assets 649.46
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 66.00
Total of other non-current assets 66.00
Total non-current assets 5,479.53
2 Current assets
Inventories 2,156.26
Current financial asset
Current investments 0.00
Trade receivables, current 1,820.43
Cash and cash equivalents 1,669.04
Bank balance other than cash and cash equivalents 80.88
Loans, current 1,226.59
Other current financial assets
Total of other current financial assets 30.45
Total current financial assets 4,827.39
Current tax assets (net) 29.77
Other current assets
1 Other current assets 453.48
Total of other current assets 453.48
Total current assets 7,466.90
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 12,946.43
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,579.60
Other equity 7,501.40
Total equity attributable to owners of parent 10,081.00
Non controlling interest
Total equity 10,081.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 158.18
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 158.18
Provisions, non-current 0.00
Deferred tax liabilities (net) 295.57
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 453.75
Current liabilities
Current financial liabilities
Borrowings, current 1,554.69
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 156.51
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 417.86
Total Trade payable 574.37
Other current financial liabilities
1 Other current financial liabilities 1.94
Total of other current financial liabilities 1.94
Total current financial liabilities 2,131.00
Other current liabilities 256.77
1 Other current liabilities 256.77
Total of other current liabilities 256.77
Provisions, current 23.91
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 2,411.68
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 2,865.43
Total equity and liabilites 12,946.43
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) In Current and Non-Current Liabilities under Borrowings we have included Lease 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
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
5 Total Other comprehensive income



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 233.83
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories 488.35
Adjustments for decrease (increase) in trade receivables, current 24.12
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 79.00
Adjustments for decrease (increase) in other non-current assets (57.89)
Adjustments for other financial assets, non-current 18.42
Adjustments for other financial assets, current (23.32)
Adjustments for other bank balances (4.46)
Adjustments for increase (decrease) in trade payables, current (155.09)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 168.21
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 248.72
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 0.01
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (52.93)
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
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 23.25
Other adjustments to reconcile profit (loss) (649.51)
Other adjustments for non-cash items 64.03
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 170.91
Net cash flows from (used in) operations 404.74
Dividends received 0.00
Interest paid (185.39)
Interest received (64.30)
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 525.83
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 103.21
Purchase of property, plant and equipment 67.39
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 0.00
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 64.30
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 100.12
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 0.00
Proceeds from issuing other equity instruments 1,620.00
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 0.00
Repayments of borrowings 457.02
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 185.39
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 977.59
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,603.54
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (410.31)
Net increase (decrease) in cash and cash equivalents 1,193.23
Cash and cash equivalents cash flow statement at beginning of period 475.81
Cash and cash equivalents cash flow statement at end of period 1,669.04





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
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 H R Jain & Co. Yes 31-01-2027


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 25-07-2025
Amount Raised 6,480.00
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 NO COMMENTS
Comments of the auditors, if any NO COMMENTS
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 To Construct, build, operate, establish, develop, acquire, purchase of land for, and invest in, Plug and Play Office complex, AI Park, IT Park, residential and industrial complexes through self, subsidiary or in joint collaboration Not Applicable 4,000.00 0.00 0.00 0.00
2 Long-term working capital requirements Not Applicable 1,200.00 0.00 2.75 0.00
3 Preferential Issue expenses Not Applicable 25.00 0.00 10.33 0.00
4 General Corporate Purpose Not Applicable 1,255.00 0.00 0.00 0.00


Signatory Details

Name of signatory Alka Gupta
Designation of person Company Secretary
Place Udaipur
Date 08-05-2026




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 Neu Limited Aeroflex Enterprises Limited Holding Company Any other transaction Rent received Not Applicable 0.12 0.00 0.00
2 Aeroflex Neu Limited Hakim Sadiq Ali Tidiwala Whole-time Director Remuneration Not Applicable 8.84 0.00 0.00
3 Aeroflex Neu Limited Lalit Kumar Bolia Chief Financial Officer Remuneration Not Applicable 5.13 0.00 0.00
4 Aeroflex Neu Limited Fibcorp Polyweave Private Limited Subsidiary Company Sale of goods or services Not Applicable 185.34 115.62 0.00
5 Aeroflex Neu Limited Fibcorp Polyweave Private Limited Subsidiary Company Interest received Not Applicable 2.34 0.82 0.00
6 Aeroflex Neu Limited Fibcorp Polyweave Private Limited Subsidiary Company Purchase of goods or services Not Applicable 295.67 115.62 26.92
7 Aeroflex Neu Limited Fibcorp Polyweave Private Limited Subsidiary Company Loan Not Applicable 64.90 64.90 0.00 Inter-corporate deposit 12.00 Repayable on demand Unsecured For Working Capital requirement
8 Aeroflex Neu Limited Fibcorp Polyweave Private Limited Subsidiary Company Any other transaction Corporate Guarantee Not Applicable 5.35 0.00 0.00
9 Aeroflex Neu Limited M.R. Organisation Limited Fellow Subsidiary Company Purchase of goods or services Not Applicable 1.10 0.00 0.00
Total value of transaction during the reporting period 568.79