- Net Income: 2.6 billion rupees, down 4.4% year-over-year, falling short of the 2.86 billion rupees estimate.
- Revenue: 10.2 billion rupees, down 18% year-over-year, missing the 12.66 billion rupees estimate.
- Total Costs: 7.62 billion rupees, down 18% year-over-year.
- Finance Cost: 63.8 million rupees, down 15% year-over-year, compared to the 49 million rupees estimate.
- Other Income: 820.1 million rupees, up 38% year-over-year.
- Expansion Project: Approved for Rubber and Composite Liners at GIDC Kerala, Ahmedabad; to add 20,000 tons per year capacity, with a total investment of 650 million rupees.
- Share Price Movement: Shares rose 2.1% to 4,805 rupees on 213,690 shares traded.
- Stock Recommendations: 9 buys, 2 holds, and 4 sells.
A look at Aia Engineering Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With an overall positive mix of Smart Scores, Aia Engineering appears to have a promising long-term outlook. The company scores well in Growth and Resilience, indicating a strong potential for expansion and a solid ability to withstand challenges. Additionally, Aia Engineering‘s Dividend score suggests a satisfactory level of returns to investors. While its Value and Momentum scores are not as high as some of its other attributes, the company’s overall Smart Scores point towards a favorable trajectory.
AIA Engineering Ltd. is a manufacturing company specializing in high chromium wear, corrosion, and abrasion resistant parts. These parts are essential for industries such as cement, mining, and thermal power generation. With a solid foundation in providing critical components for key sectors, Aia Engineering‘s high Resilience score highlights its ability to weather market fluctuations and continue delivering value to its stakeholders in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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