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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.
Airo Lam Limited is an India-based laminate manufacturer. The Company is engaged in the business of production, processing and marketing of decorative laminates and plywood. Its segments include Plywood and Allied products, and Laminate and Allied products. Its product…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, fully valued.
AIRO LAM LIMITED is scored on the general / industrial framework. It keeps a thin 2.1% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.69× reported profit. It throws off free cash worth 10.3% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 7%/yr and profit at -11%/yr. Book value has grown 7%/yr. Return on equity is a weak 6.9%. In the latest quarter profit fell 82% versus the prior quarter.
At 31× earnings, the stock sits at the 65th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~11%/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 | 23.72 | — | — |
| P/B | 1.58 | 2.4 | better |
| EV/EBITDA | 9.9 | 17.69 | better |
| ROE | 6.91 | 7.93 | worse |
| ROCE | 9.53 | 10.16 | worse |
| ROA | 3.24 | 4.55 | worse |
| Quick Ratio | 0.64 | 0.99 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Century Plyboards | 43.0 | 5.2 | 11.7% |
| Greenlam Industries | 60.4 | 4.3 | 7.0% |
| Stylam Industries | 30.4 | 5.9 | 19.5% |
Revenue has grown every year across all 4 financial years shown. 7% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (7% vs -11%) — costs are rising faster than the top line. The latest year saw a +94% swing — check if it's a one-off or structural.
Operating margin has compressed from 5% to 3% — costs or competition are eating into profitability.
ROE at 7% — modest; the capital isn't working hard.
-11% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 3.7× 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 fell 16% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 11% above earlier ones.
Profit fell 82% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 53.5% — majority control intact.
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.