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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 30-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
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 Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-10-2026   15:30:00
End date and time of board meeting 30-10-2026   17:30:00
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



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,574.52 6,398.35
Other income 75.74 143.35
Total income 3,650.26 6,541.70
2 Expenses
(a) Cost of materials consumed 2,144.07 4,017.98
(b) Purchases of stock-in-trade 186.53 385.17
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (118.84) (396.08)
(d) Employee benefit expense 260.64 500.98
(e) Finance costs 59.79 117.45
(f) Depreciation, depletion and amortisation expense 105.41 192.82
(f) Other Expenses
1 Others 961.47 1,654.02
Total other expenses 961.47 1,654.02
Total expenses 3,599.07 6,472.34
3 Total profit before exceptional items and tax 51.19 69.36
4 Exceptional items (446.33) (446.33)
5 Total profit before tax (395.14) (376.97)
6 Tax expense
7 Current tax 4.31 7.99
8 Deferred tax (7.90) (1.83)
9 Total tax expenses (3.59) 6.16
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 (391.55) (383.13)
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 (391.55) (383.13)
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period (391.55) (383.13)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (390.46) (383.53)
Total profit or loss, attributable to non-controlling interests (1.09) 0.40
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
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
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.51 -1.49
Diluted earnings (loss) per share from continuing operations -1.27 -1.25
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 -1.51 -1.49
Diluted earnings (loss) per share from continuing and discontinued operations -1.27 -1.25
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 above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 30 ,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 half year ended 30th September,2026 which needs to be explained. 2. There are no exceptional items of income and expenditure. 3. Segment information as per Ind-AS 108, 'Operating Segments' is disclosed in Annexure -1. 4. This statement is as per Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015. 5.Fibcorp Polyweave Private Limited ceased to be a subsidiary of the Company with effect from 07/09/2026 following divestment of the entire stake in the former for a sale consideration of Rs.192.12 lakhs. In view of this, the consolidated results for the current periods are not strictly comparable with those of the previous periods. 6.These consolidated 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). 7.Earning per share has been calculated as per the IND AS 33 - Earning per share . 8.The standalone financial results for the quarter and half year ended September 30, 2026 are summarised below and detailed financial results are available on Company's website www.aeroflexneu.com and have been submitted to the National Stock Exchange Limited (www.nseindia.com) and BSE Limited (www.bseindia.com) where the equity shares of the Company are listed.



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 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 4,615.74
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.27
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 301.07
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Others 170.53
Total of other non-current financial assets 170.53
Total non-current financial assets 471.60
Deferred tax assets (net) 0.00
Other non-current assets
1 Others 3.41
Total of other non-current assets 3.41
Total non-current assets 5,091.02
2 Current assets
Inventories 1,889.81
Current financial asset
Current investments 0.00
Trade receivables, current 2,410.25
Cash and cash equivalents 70.54
Bank balance other than cash and cash equivalents 1,219.13
Loans, current 1,665.64
Other current financial assets
Total of other current financial assets 23.46
Total current financial assets 5,389.02
Current tax assets (net) 48.53
Other current assets
1 Others 973.39
Total of other current assets 973.39
Total current assets 8,300.75
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 13,391.77
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,579.60
Other equity 7,195.18
Total equity attributable to owners of parent 9,774.78
Non controlling interest 0.00
Total equity 9,774.78
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) 287.88
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 446.06
Current liabilities
Current financial liabilities
Borrowings, current 1,795.77
Trade payables, 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 817.34
Total Trade payable 817.34
Other current financial liabilities
1 Others 2.34
Total of other current financial liabilities 2.34
Total current financial liabilities 2,615.45
Other current liabilities 531.51
1 Others 531.51
Total of other current liabilities 531.51
Provisions, current 23.97
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 3,170.93
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 3,616.99
Total equity and liabilites 13,391.77
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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Flexible Packaging Solution Activity 3,379.99 6,088.40
2 Engineering Activity 0.0016 0.0024
3 Others 0.0003453 0.0006995
Total Segment Revenue 3,574.52 6,398.35
Less: Inter segment revenue 0.00 0.00
Revenue from operations 3,574.52 6,398.35
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Flexible Packaging Solution Activity (136.63) (228.79)
2 Engineering Activity 151.19 227.10
3 Others 25.89 45.15
Total Profit before tax 40.45 43.46
i. Finance cost 65.00 117.45
ii. Other Unallocable Expenditure net off Unallocable income (75.74) (143.35)
Profit before tax 51.19 69.36
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Flexible Packaging Solution Activity 10,088.07 10,088.07
2 Engineering Activity 94.40 94.40
3 Others 1,689.10 1,689.10
Total Segment Asset 11,871.57 11,871.57
Un-allocable Assets 1,520.20 1,520.20
Net Segment Asset 13,391.77 13,391.77
4 Segment Liabilities
Segment Liabilities
1 Flexible Packaging Solution Activity 3,360.65 3,360.65
2 Engineering Activity 0.00 0.00
3 Others 256.34 256.34
Total Segment Liabilities 3,616.99 3,616.99
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 3,616.99 3,616.99
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
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 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (376.97)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories 1,099.01
Adjustments for decrease (increase) in trade receivables, current (88.28)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (291.48)
Adjustments for decrease (increase) in other non-current assets 62.59
Adjustments for other financial assets, non-current (49.45)
Adjustments for other financial assets, current 6.99
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (87.39)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 183.31
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 192.82
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 0.40
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (12.23)
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 41.39
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 444.06
Other adjustments to reconcile profit (loss) (451.10)
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) 1,050.64
Net cash flows from (used in) operations 673.67
Dividends received 0.00
Interest paid (117.45)
Interest received (34.74)
Income taxes paid (refund) 7.99
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 748.39
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 6.01
Purchase of property, plant and equipment 21.24
Proceeds from sales of investment property 0.00
Purchase of investment property 301.07
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 34.74
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (946.13)
Net cash flows from (used in) investing activities (1,227.69)
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 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 0.00
Repayments of borrowings 464.72
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (464.72)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (944.02)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (662.82)
Net increase (decrease) in cash and cash equivalents (1,606.84)
Cash and cash equivalents cash flow statement at beginning of period 1,677.38
Cash and cash equivalents cash flow statement at end of period 70.54





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 H R Jain & Co. Yes 31-01-2027