AIA Engineering logo

AIA Engineering share price

NSE: AIAENGBSE: 532683Industrial ProductsMid Cap

Last close ₹3,579.20down ₹54.70 (1.51%)BSE ₹3,588.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹3,633.90.

52-week range of traded prices to 23 Oct 2026
₹3,220.00Low, 7 Nov 2025₹5,180.00High, 30 Jun 2026
Market cap
₹33,401 Cr233rd largest listed
P/E
26.4
P/B
4.2
Dividend yield
0.45%
ROE
16.9%
ROCE
14.2%
Debt to equity
0.00
Volume, NSE
48,02651.6% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+6.7%over a year

ResultsDividend20-session average 51,577 shares a day, 58.2% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹1,168 Crdown 7.76%
Net profit
₹301 Crdown 23.48%
Net margin
25.8%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 30 OctDec 2024Filed 7 FebMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 7 NovDec 2025Filed 30 JanMar 2026Filed 26 MayJun 2026Filed 12 Aug
Revenue1,0441,0661,1571,0391,0481,0671,2661,168
Net profit256259285305277293393301
Net margin24.6%24.3%24.7%29.4%26.5%27.5%31.1%25.8%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of High Chrome Mill Internals, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 7% of 2,480 trading days over the last 10 years.

LowestHighest
Its median30.7Industry median21.9
Price to book

At or below today's level on 13% of 1,977 trading days since Nov 2018.

LowestHighest
Its median4.8Industry median2.6
EV to EBITDA26.4

At or below today's level on 58% of 1,977 trading days since Nov 2018.

LowestHighest
Its median25.9Industry median16.8
Dividend yield

At or below today's level on 46% of 2,460 trading days over the last 10 years.

LowestHighest
Its median0.46%Industry median0.55%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+8.9%+20.3%−9.8%0.4%
3 years+8.2%+6.7%+1.0%0.4%
5 years+12.6%+17.8%−4.8%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters58.50%
  • Foreign institutions16.45%
  • Indian institutions22.50%
  • Individuals and others2.55%
Holder
Bhadresh Kantilal ShahPromoter58.47%
Nalanda India Equity Fund LimitedForeign portfolio investors, category I9.18%
Sbi Life Insurance Co. LtdInsurance companies1.33%
Bhumika Shyamal ShodhanPromoter0.01%
Khushali Samip SolankiPromoter0.01%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

137 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 67 of the 87 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Added
48
Cut
39
Held unchanged
46
Sold out
8
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund33,93,2391.29%₹1,312.8 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund29,00,0001.30%₹1,122.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund11,19,5671.37%₹433.2 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund10,77,9771.39%₹417.1 Cr
Kotak Mahindra Mutual Fund logoKotak Flexi Cap FundKotak Mahindra Mutual Fund10,72,4870.78%₹414.9 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund10,54,5111.01%₹408.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund8,05,1500.37%₹311.5 Cr
Franklin Templeton Mutual Fund logoFranklin India Opportunities FundFranklin Templeton Mutual Fund7,01,5832.83%₹271.4 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund7,00,0001.16%₹270.8 Cr
SBI Mutual Fund logoSBI Flexicap FundSBI Mutual Fund5,44,9510.95%₹210.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Castings & Forgings, 30 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to AIA Engineering in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
PTC Industries logoPTC IndustriesPTCIL37,170295.9––+94.6%+105.0%8.7%7.3%0.00%
Happy Forgings logoHappy ForgingsHAPPYFORGE16,63350.87.833.1+15.5%+21.6%16.5%16.9%0.23%
Balu Forge Industries logoBalu Forge IndustriesBALUFORGE5,12319.1––+19.7%+18.1%20.2%17.5%0.04%
Steelcast logoSteelcastSTEELCAS3,29336.38.327.6+8.9%+14.6%25.2%26.8%0.55%
Amic Forging logoAmic ForgingAMIC2,32982.5––+16.9%−20.6%16.8%–0.00%
Investment & Precision Castings logoInvestment & Precision CastingsINVPRECQ1,35793.113.240.0+16.6%+144.0%15.0%15.4%0.07%
Nelcast logoNelcastNELCAST1,03725.21.712.3+4.2%−1.9%7.1%8.2%0.59%
Synergy Green Industries logoSynergy Green IndustriesSGIL890–8.034.4−2.5%−151.0%−8.1%1.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹27.00 a share, year to Mar 2020.
Ex-dateTypePer share
4 Sep 2026Final₹16.00
4 Sep 2025Final₹16.00
20 Aug 2024Final₹16.00
12 Sep 2023Final₹16.00
2 Sep 2022Final₹9.00
26 Aug 2021Final₹9.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

AIA Engineering share price by year

Each calendar year to 2025.AIA Engineering share price history

YearClose at year endChangeHighest closeLowest close
20254,017.50+18.1%4,017.503,017.40
20243,402.65−7.8%4,813.353,315.25
20233,689.50+43.8%3,801.602,414.35
20222,564.95+37.0%2,832.401,548.70
20211,872.45−5.2%2,193.501,784.30
20201,974.35+19.7%2,113.001,238.80
20191,649.50−1.6%1,842.101,507.20
20181,677.15+8.2%1,824.851,347.05
20171,550.35+19.6%1,670.451,271.65
20161,296.10+45.2%1,334.75733.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20263,633.903,647.103,551.203,579.203,576.8248,02651.6%
22 Oct 20263,600.003,650.003,516.503,633.903,597.6139,64351.7%
21 Oct 20263,673.503,698.703,552.003,586.803,585.5250,14257.2%
19 Oct 20263,690.103,704.803,640.103,665.203,678.6833,13557.4%
16 Oct 20263,699.003,731.803,603.103,719.703,675.0763,46269.2%
15 Oct 20263,745.403,756.903,659.503,679.303,695.3634,72251.4%
14 Oct 20263,730.003,766.403,697.003,731.603,732.3447,95857.8%
13 Oct 20263,760.003,763.503,688.903,744.503,731.4741,46054.4%
12 Oct 20263,737.003,801.603,730.103,746.103,754.9114,86251.6%
9 Oct 20263,783.503,790.903,663.003,737.703,721.4225,67753.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
13 Oct 2008Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About AIA Engineering

AIA Engineering Limited makes specialised wear-resistant products for grinding mills. Its customers are in mining, cement, thermal power and quarrying. Its registered business activity is manufacturing of iron and steel castings and products made from them. It also provides services such as design modelling and installation supervision to its customers.

For mining, the products include advanced lining systems for SAG and ball mills and high-chrome grinding media. For cement, they include tube mill lining systems, and for quarries, blow bars. The company now offers mill liners, grinding media and process optimisation together as integrated packaging solutions. Its market focus is copper, gold and iron ore mining, with particular emphasis on South America, including Chile and Peru.

Its registered office is at Odhav in Ahmedabad, Gujarat. Its manufacturing sites include Moraiya, Kerala GIDC and Odhav, and its installed capacity is 4,36,000 tonnes a year. A network of warehouses, subsidiaries and representative offices supports its global presence.

It was incorporated in 1991. The business began with wear parts for cement and power plants, added high-chrome grinding media, and later commissioned a plant for mining liners and vertical mill parts. The company is listed on Indian stock exchanges.

Bhadresh K. Shah, who set up the earlier private company that was amalgamated with it, is the Managing Director and is classed as a promoter. A promoter is the person or group that set up a company or controls it. He has also been Chairman since April 2026.

Legal name
AIA Engineering Limited
NSE symbol
AIAENG
BSE code
532683
ISIN
INE212H01026
Industry
Industrial Products
Listed
Dec 2005
Face value
₹2
CIN
L29259GJ1991PLC015182
Corporate identity number, the registrar of companies' code for it