Airo Lam Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 17, 2025, 10:55 am

Market Cap	145 Cr.
Current Price	96.4
High / Low	189/85.6
Stock P/E	57.4
Book Value	48.1
Dividend Yield	0.00 %
ROCE	12.4 %
ROE	12.1 %
Face Value	10.0
PEG Ratio	-4.03

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Airo Lam Ltd

Competitors of Airo Lam Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ecoboard Industries Ltd	60.2 Cr.	33.8	46.6/18.5		5.23	0.00 %	10.8 %	28.6 %	10.0
Duroply Industries Ltd	186 Cr.	189	341/150	48.8	132	0.00 %	5.92 %	0.94 %	10.0
Archidply Decor Ltd	57.3 Cr.	105	147/0.00	286	91.3	0.00 %	4.13 %	0.06 %	10.0
Ambition Mica Ltd	4.42 Cr.	2.96	3.54/2.57		8.38	0.00 %	7.00 %	%	10.0
Rushil Decor Ltd	673 Cr.	23.4	45.5/18.7	15.2	21.4	0.43 %	11.6 %	9.51 %	1.00
Industry Average	3,716.38 Cr	184.23		69.28	61.63	0.16%	10.63%	10.71%	5.91

All Competitor Stocks of Airo Lam Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	38.87	48.76	53.91	45.81	47.66	52.21	48.64	49.61	56.27	50.67	51.67	51.19	55.02
Expenses	35.88	44.44	49.41	42.99	43.82	46.67	43.22	45.44	51.06	45.81	47.00	51.14	51.46
Operating Profit	2.99	4.32	4.50	2.82	3.84	5.54	5.42	4.17	5.21	4.86	4.67	0.05	3.56
OPM %	7.69%	8.86%	8.35%	6.16%	8.06%	10.61%	11.14%	8.41%	9.26%	9.59%	9.04%	0.10%	6.47%
Other Income	1.18	0.00	0.00	0.51	0.29	-0.23	0.17	0.58	0.07	0.63	1.57	-0.01	0.19
Interest	0.81	1.15	0.65	1.09	1.04	1.41	1.12	1.22	1.23	1.65	1.92	2.05	1.02
Depreciation	0.77	0.79	0.82	0.83	0.84	0.84	0.84	0.85	0.87	1.30	1.02	1.19	1.21
Profit before tax	2.59	2.38	3.03	1.41	2.25	3.06	3.63	2.68	3.18	2.54	3.30	-3.20	1.52
Tax %	27.03%	21.43%	27.06%	26.95%	25.33%	20.26%	27.55%	33.96%	35.53%	27.95%	31.52%	-12.19%	18.42%
Net Profit	1.89	1.88	2.21	1.04	1.69	2.45	2.64	1.77	2.05	1.84	2.25	-2.81	1.24
EPS in Rs	1.26	1.25	1.47	0.69	1.13	1.63	1.76	1.18	1.37	1.23	1.50	-1.87	0.83

Last Updated: March 3, 2025, 5:47 pm

Below is a detailed analysis of the quarterly data for Airo Lam Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 55.02 Cr.. The value appears strong and on an upward trend. It has increased from 51.19 Cr. (Sep 2024) to 55.02 Cr., marking an increase of 3.83 Cr..
For Expenses, as of Dec 2024, the value is 51.46 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 51.14 Cr. (Sep 2024) to 51.46 Cr., marking an increase of 0.32 Cr..
For Operating Profit, as of Dec 2024, the value is 3.56 Cr.. The value appears strong and on an upward trend. It has increased from 0.05 Cr. (Sep 2024) to 3.56 Cr., marking an increase of 3.51 Cr..
For OPM %, as of Dec 2024, the value is 6.47%. The value appears strong and on an upward trend. It has increased from 0.10% (Sep 2024) to 6.47%, marking an increase of 6.37%.
For Other Income, as of Dec 2024, the value is 0.19 Cr.. The value appears strong and on an upward trend. It has increased from -0.01 Cr. (Sep 2024) to 0.19 Cr., marking an increase of 0.20 Cr..
For Interest, as of Dec 2024, the value is 1.02 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.05 Cr. (Sep 2024) to 1.02 Cr., marking a decrease of 1.03 Cr..
For Depreciation, as of Dec 2024, the value is 1.21 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.19 Cr. (Sep 2024) to 1.21 Cr., marking an increase of 0.02 Cr..
For Profit before tax, as of Dec 2024, the value is 1.52 Cr.. The value appears strong and on an upward trend. It has increased from -3.20 Cr. (Sep 2024) to 1.52 Cr., marking an increase of 4.72 Cr..
For Tax %, as of Dec 2024, the value is 18.42%. The value appears to be increasing, which may not be favorable. It has increased from -12.19% (Sep 2024) to 18.42%, marking an increase of 30.61%.
For Net Profit, as of Dec 2024, the value is 1.24 Cr.. The value appears strong and on an upward trend. It has increased from -2.81 Cr. (Sep 2024) to 1.24 Cr., marking an increase of 4.05 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.83. The value appears strong and on an upward trend. It has increased from -1.87 (Sep 2024) to 0.83, marking an increase of 2.70.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:21 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	55	63	67	63	70	93	111	105	133	168	198	203	209
Expenses	49	58	61	58	64	84	101	97	121	153	181	184	195
Operating Profit	6	6	6	6	7	9	9	9	12	15	17	20	13
OPM %	11%	9%	9%	9%	9%	10%	8%	8%	9%	9%	8%	10%	6%
Other Income	0	0	0	0	1	0	1	1	1	1	1	1	2
Interest	2	2	3	2	3	3	2	2	2	3	4	5	7
Depreciation	2	2	1	1	2	2	2	2	2	3	3	4	5
Profit before tax	2	2	2	2	3	5	6	6	8	9	10	12	4
Tax %	32%	32%	32%	33%	33%	34%	29%	25%	29%	28%	24%	31%
Net Profit	1	1	2	2	2	3	4	5	5	7	7	8	3
EPS in Rs	2.60	2.69	2.91	3.04	3.44	2.17	2.82	3.19	3.64	4.49	4.93	5.53	1.69
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	100.00%	0.00%	0.00%	50.00%	33.33%	25.00%	0.00%	40.00%	0.00%	14.29%
Change in YoY Net Profit Growth (%)	0.00%	100.00%	-100.00%	0.00%	50.00%	-16.67%	-8.33%	-25.00%	40.00%	-40.00%	14.29%

Airo Lam Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	12%
5 Years:	13%
3 Years:	15%
TTM:	1%

Compounded Profit Growth
10 Years:	19%
5 Years:	14%
3 Years:	15%
TTM:	-72%

Stock Price CAGR
10 Years:	%
5 Years:	43%
3 Years:	9%
1 Year:	-43%

Return on Equity
10 Years:	12%
5 Years:	12%
3 Years:	12%
Last Year:	12%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 4:10 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	6	6	6	6	6	15	15	15	15	15	15	15	15
Reserves	5	6	8	10	12	20	24	29	35	41	49	57	57
Borrowings	15	18	23	21	26	20	23	34	38	51	63	79	86
Other Liabilities	15	18	20	26	27	32	30	29	42	53	35	39	47
Total Liabilities	40	49	56	63	70	87	92	107	130	160	162	190	206
Fixed Assets	11	12	12	11	11	11	11	11	38	37	36	45	57
CWIP	0	0	0	0	0	0	1	15	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	1	1	1
Other Assets	29	36	44	51	60	76	80	82	92	122	126	145	148
Total Assets	40	49	56	63	70	87	92	107	130	160	162	190	206

Below is a detailed analysis of the balance sheet data for Airo Lam Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹15.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 15.00 Cr..
For Reserves, as of Sep 2024, the value is ₹57.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 57.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹86.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 79.00 Cr. (Mar 2024) to ₹86.00 Cr., marking an increase of 7.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹47.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 39.00 Cr. (Mar 2024) to ₹47.00 Cr., marking an increase of 8.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹206.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 190.00 Cr. (Mar 2024) to ₹206.00 Cr., marking an increase of 16.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹57.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Mar 2024) to ₹57.00 Cr., marking an increase of 12.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹148.00 Cr.. The value appears strong and on an upward trend. It has increased from 145.00 Cr. (Mar 2024) to ₹148.00 Cr., marking an increase of 3.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹206.00 Cr.. The value appears strong and on an upward trend. It has increased from 190.00 Cr. (Mar 2024) to ₹206.00 Cr., marking an increase of 16.00 Cr..

However, the Borrowings (86.00 Cr.) are higher than the Reserves (₹57.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	6	2	0	3	2	-4	1	4	20	-6	9	-0
Cash from Investing Activity +	-1	-3	-1	-0	-1	-4	-2	-14	-14	-4	-5	-13
Cash from Financing Activity +	-5	1	2	-4	-1	8	2	9	-2	9	-4	11
Net Cash Flow	-0	-0	2	-1	-0	1	1	-1	4	-1	-0	-2

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-9.00	-12.00	-17.00	-15.00	-19.00	-11.00	-14.00	-25.00	-26.00	-36.00	-46.00	-59.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	92	97	127	176	191	170	123	146	114	113	91	99
Inventory Days	127	138	129	154	168	168	172	181	165	194	175	210
Days Payable	101	122	123	181	175	149	115	115	132	129	64	70
Cash Conversion Cycle	117	112	133	148	183	189	180	212	146	178	202	239
Working Capital Days	98	104	126	146	155	168	161	178	130	149	166	196
ROCE %	17%	16%	15%	13%	13%	15%	14%	11%	12%	13%	12%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	52.23%	52.25%	52.25%	52.45%	52.48%	52.48%	52.49%	52.73%	53.01%	53.01%	53.02%	53.02%
Public	47.78%	47.75%	47.75%	47.55%	47.51%	47.52%	47.51%	47.27%	46.99%	46.99%	46.98%	46.98%
No. of Shareholders	481	1,607	2,428	2,507	3,505	4,402	4,125	4,161	3,821	3,550	4,613	4,424

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	5.23	4.93	4.37	3.64	3.18
Diluted EPS (Rs.)	5.23	4.93	4.37	3.64	3.18
Cash EPS (Rs.)	7.82	7.14	6.40	5.20	4.28
Book Value[Excl.RevalReserv]/Share (Rs.)	46.57	42.67	37.49	33.12	29.48
Book Value[Incl.RevalReserv]/Share (Rs.)	46.57	42.67	37.49	33.12	29.48
Revenue From Operations / Share (Rs.)	137.56	132.96	112.58	88.84	70.91
PBDIT / Share (Rs.)	13.80	11.52	10.18	8.27	6.46
PBIT / Share (Rs.)	11.21	9.31	8.15	6.70	5.37
PBT / Share (Rs.)	7.72	6.51	6.11	5.14	4.24
Net Profit / Share (Rs.)	5.23	4.93	4.37	3.64	3.18
NP After MI And SOA / Share (Rs.)	5.23	4.93	4.37	3.64	3.18
PBDIT Margin (%)	10.02	8.66	9.04	9.30	9.11
PBIT Margin (%)	8.14	7.00	7.24	7.54	7.56
PBT Margin (%)	5.61	4.89	5.42	5.79	5.97
Net Profit Margin (%)	3.80	3.70	3.88	4.09	4.49
NP After MI And SOA Margin (%)	3.80	3.70	3.88	4.09	4.49
Return on Networth / Equity (%)	11.12	11.55	11.65	10.97	10.80
Return on Capital Employeed (%)	18.65	16.90	14.87	14.04	13.44
Return On Assets (%)	4.08	4.56	4.11	4.18	4.44
Long Term Debt / Equity (X)	0.20	0.21	0.39	0.38	0.32
Total Debt / Equity (X)	1.12	0.79	0.89	0.70	0.75
Asset Turnover Ratio (%)	1.17	1.24	1.17	1.12	0.00
Current Ratio (X)	1.43	1.57	1.57	1.56	1.71
Quick Ratio (X)	0.68	0.78	0.80	0.87	0.97
Inventory Turnover Ratio (X)	2.02	2.20	2.31	2.31	0.00
Interest Coverage Ratio (X)	3.96	4.12	4.98	5.30	5.72
Interest Coverage Ratio (Post Tax) (X)	2.50	2.76	3.14	3.33	3.82
Enterprise Value (Cr.)	306.60	144.00	148.78	70.60	56.01
EV / Net Operating Revenue (X)	1.49	0.72	0.88	0.52	0.52
EV / EBITDA (X)	14.81	8.33	9.74	5.69	5.78
MarketCap / Net Operating Revenue (X)	1.12	0.49	0.60	0.30	0.22
Price / BV (X)	3.27	1.53	1.83	0.81	0.53
Price / Net Operating Revenue (X)	1.12	0.49	0.60	0.30	0.22
EarningsYield	0.03	0.07	0.06	0.13	0.20

After reviewing the key financial ratios for Airo Lam Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 5.23. This value is within the healthy range. It has increased from 4.93 (Mar 23) to 5.23, marking an increase of 0.30.
For Diluted EPS (Rs.), as of Mar 24, the value is 5.23. This value is within the healthy range. It has increased from 4.93 (Mar 23) to 5.23, marking an increase of 0.30.
For Cash EPS (Rs.), as of Mar 24, the value is 7.82. This value is within the healthy range. It has increased from 7.14 (Mar 23) to 7.82, marking an increase of 0.68.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 46.57. It has increased from 42.67 (Mar 23) to 46.57, marking an increase of 3.90.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 46.57. It has increased from 42.67 (Mar 23) to 46.57, marking an increase of 3.90.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 137.56. It has increased from 132.96 (Mar 23) to 137.56, marking an increase of 4.60.
For PBDIT / Share (Rs.), as of Mar 24, the value is 13.80. This value is within the healthy range. It has increased from 11.52 (Mar 23) to 13.80, marking an increase of 2.28.
For PBIT / Share (Rs.), as of Mar 24, the value is 11.21. This value is within the healthy range. It has increased from 9.31 (Mar 23) to 11.21, marking an increase of 1.90.
For PBT / Share (Rs.), as of Mar 24, the value is 7.72. This value is within the healthy range. It has increased from 6.51 (Mar 23) to 7.72, marking an increase of 1.21.
For Net Profit / Share (Rs.), as of Mar 24, the value is 5.23. This value is within the healthy range. It has increased from 4.93 (Mar 23) to 5.23, marking an increase of 0.30.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 5.23. This value is within the healthy range. It has increased from 4.93 (Mar 23) to 5.23, marking an increase of 0.30.
For PBDIT Margin (%), as of Mar 24, the value is 10.02. This value is within the healthy range. It has increased from 8.66 (Mar 23) to 10.02, marking an increase of 1.36.
For PBIT Margin (%), as of Mar 24, the value is 8.14. This value is below the healthy minimum of 10. It has increased from 7.00 (Mar 23) to 8.14, marking an increase of 1.14.
For PBT Margin (%), as of Mar 24, the value is 5.61. This value is below the healthy minimum of 10. It has increased from 4.89 (Mar 23) to 5.61, marking an increase of 0.72.
For Net Profit Margin (%), as of Mar 24, the value is 3.80. This value is below the healthy minimum of 5. It has increased from 3.70 (Mar 23) to 3.80, marking an increase of 0.10.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 3.80. This value is below the healthy minimum of 8. It has increased from 3.70 (Mar 23) to 3.80, marking an increase of 0.10.
For Return on Networth / Equity (%), as of Mar 24, the value is 11.12. This value is below the healthy minimum of 15. It has decreased from 11.55 (Mar 23) to 11.12, marking a decrease of 0.43.
For Return on Capital Employeed (%), as of Mar 24, the value is 18.65. This value is within the healthy range. It has increased from 16.90 (Mar 23) to 18.65, marking an increase of 1.75.
For Return On Assets (%), as of Mar 24, the value is 4.08. This value is below the healthy minimum of 5. It has decreased from 4.56 (Mar 23) to 4.08, marking a decrease of 0.48.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.20. This value is within the healthy range. It has decreased from 0.21 (Mar 23) to 0.20, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 1.12. This value exceeds the healthy maximum of 1. It has increased from 0.79 (Mar 23) to 1.12, marking an increase of 0.33.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.17. It has decreased from 1.24 (Mar 23) to 1.17, marking a decrease of 0.07.
For Current Ratio (X), as of Mar 24, the value is 1.43. This value is below the healthy minimum of 1.5. It has decreased from 1.57 (Mar 23) to 1.43, marking a decrease of 0.14.
For Quick Ratio (X), as of Mar 24, the value is 0.68. This value is below the healthy minimum of 1. It has decreased from 0.78 (Mar 23) to 0.68, marking a decrease of 0.10.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.02. This value is below the healthy minimum of 4. It has decreased from 2.20 (Mar 23) to 2.02, marking a decrease of 0.18.
For Interest Coverage Ratio (X), as of Mar 24, the value is 3.96. This value is within the healthy range. It has decreased from 4.12 (Mar 23) to 3.96, marking a decrease of 0.16.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.50. This value is below the healthy minimum of 3. It has decreased from 2.76 (Mar 23) to 2.50, marking a decrease of 0.26.
For Enterprise Value (Cr.), as of Mar 24, the value is 306.60. It has increased from 144.00 (Mar 23) to 306.60, marking an increase of 162.60.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.49. This value is within the healthy range. It has increased from 0.72 (Mar 23) to 1.49, marking an increase of 0.77.
For EV / EBITDA (X), as of Mar 24, the value is 14.81. This value is within the healthy range. It has increased from 8.33 (Mar 23) to 14.81, marking an increase of 6.48.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.12. This value is within the healthy range. It has increased from 0.49 (Mar 23) to 1.12, marking an increase of 0.63.
For Price / BV (X), as of Mar 24, the value is 3.27. This value exceeds the healthy maximum of 3. It has increased from 1.53 (Mar 23) to 3.27, marking an increase of 1.74.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.12. This value is within the healthy range. It has increased from 0.49 (Mar 23) to 1.12, marking an increase of 0.63.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 23) to 0.03, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Airo Lam Ltd as of April 17, 2025 is: 272.60

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 17, 2025, Airo Lam Ltd is Undervalued by 182.78% compared to the current share price 96.40

Intrinsic Value of Airo Lam Ltd as of April 17, 2025 is: 233.82

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 17, 2025, Airo Lam Ltd is Undervalued by 142.55% compared to the current share price 96.40

Last 5 Year EPS CAGR: -14.23%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (118.31 cr) and profit (5.46 cr) over the years.	The stock has a low average ROCE of 13.58%, which may not be favorable. The stock has a high average Working Capital Days of 148.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 169.92, which may not be favorable. The company has higher borrowings (38.23) compared to reserves (27.15), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Airo Lam Ltd:
1. Net Profit Margin: 3.8%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 18.65% (Industry Average ROCE: 10.63%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 11.12% (Industry Average ROE: 9.74%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.5
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.68
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 57.4 (Industry average Stock P/E: 56.68)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.12
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Airo Lam Ltd. is a Public Limited Listed company incorporated on 22/10/2007 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L20211GJ2007PLC052019 and registration number is 052019. Currently Company is involved in the business activities of Manufacture of ply wood and veneer sheets. Company's Total Operating Revenue is Rs. 205.19 Cr. and Equity Capital is Rs. 15.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Laminates	Survey No.355, Nananpur Road, Prantij Gujarat 383120	info@airolam.com http://www.airolam.com

Management
Name	Position Held
Mr. Pravinkumar Nathalal Patel	Chairman & Managing Director
Mr. Sureshkumar H Patel	Whole Time Director
Mr. Hardikkumar P Patel	Non Executive Director
Mrs. Mamta P Patel	Independent Director
Mr. Mehulkumar J Patel	Independent Director
Mr. Manibhai K Patel	Independent Director

FAQ

What is the intrinsic value of Airo Lam Ltd?

Airo Lam Ltd's intrinsic value (as of 17 April 2025) is ₹272.60 — 182.78% higher the current market price of 96.40, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 145 Cr. market cap, FY2025-2026 high/low of ₹189/85.6, reserves of 57 Cr, and liabilities of 206 Cr.

What is the Market Cap of Airo Lam Ltd?

The Market Cap of Airo Lam Ltd is 145 Cr..

What is the current Stock Price of Airo Lam Ltd as on 17 April 2025?

The current stock price of Airo Lam Ltd as on 17 April 2025 is 96.4.

What is the High / Low of Airo Lam Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Airo Lam Ltd stocks is ₹189/85.6.

What is the Stock P/E of Airo Lam Ltd?

The Stock P/E of Airo Lam Ltd is 57.4.

What is the Book Value of Airo Lam Ltd?

The Book Value of Airo Lam Ltd is 48.1.

What is the Dividend Yield of Airo Lam Ltd?

The Dividend Yield of Airo Lam Ltd is 0.00 %.

What is the ROCE of Airo Lam Ltd?

The ROCE of Airo Lam Ltd is 12.4 %.

What is the ROE of Airo Lam Ltd?

The ROE of Airo Lam Ltd is 12.1 %.

What is the Face Value of Airo Lam Ltd?

The Face Value of Airo Lam Ltd is 10.0.