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AIA Engineering Sees Margin Improvement Amid Flat Volume Growth
AIA Engineering Sees Margin Improvement Amid Flat Volume Growth
22
3
BTCCSquare news:
AIA Engineering reported a marginal revenue increase of 1.9% to ₹1,038.95 crore in Q1 FY26, with volumes remaining stagnant at 60,156 tons. Despite this, improved cost efficiencies and a richer product mix pushed margins to 29.5%, up from 28.3% year-on-year.
The stock trades at 24x FY26e EPS of ₹125.71, with earnings expected to grow in low double digits this fiscal. A revised target price of ₹3,574 reflects 25x FY27e EPS, though trade war risks and anti-dumping duties could hinder volume acceleration.
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