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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Aaron Industries Limited is an India-based company, which is mainly engaged in the business of manufacturing of elevators and elevator parts and steel polishing. The Company's segments include Elevator Division and Steel Polishing Division. Its product categories include…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, slow-growing business, fully valued.
AARON INDUSTRIES is scored on the general / industrial framework. It keeps a slim 7.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.27× reported profit. Free cash flow is worth about 0.3% of its market value.
Over the last 3 years revenue compounded at 18%/yr and profit at 8%/yr. Book value itself has compounded 33%/yr — the hallmark of a genuine compounder. Return on equity is an elite 18.5%. In the latest quarter profit grew 13% versus the prior quarter.
At 42× earnings, the stock sits at the 76th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~14%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 29.48 | 43.72 | better |
| P/B | 5.46 | 3.04 | worse |
| EV/EBITDA | 15.29 | — | — |
| ROE | 18.51 | 8.86 | better |
| ROCE | 19.36 | 12 | better |
| ROA | 9.75 | 7.01 | better |
| Quick Ratio | 0.43 | 1.96 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue has grown every year across all 4 financial years shown. 18% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Revenue is outpacing profit (18% vs 8%) — costs are rising faster than the top line.
Operating margins have been stable around 12% — no major structural shift.
ROE at 14% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 12pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (8% vs -15%) — share dilution is eroding per-share value. -15% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.3× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 11% sequentially — momentum is building.
Profit jumped 12% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 73.1% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.