---
title: "Aerpace Industries Ltd (534733) — Share Price, Financials & Analysis"
symbol: "534733"
company: "Aerpace Industries Ltd"
canonical: "https://tapetide.com/stocks/534733"
isin: "INE175N01023"
nse_symbol: "SUPREMEXSHINESTEELSLTD"
bse_code: "534733"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 567.4
generated_at: "2026-09-13T18:25:35.959Z"
---

# Aerpace Industries Ltd (534733)

Canonical page: https://tapetide.com/stocks/534733

## Company

- **NSE Symbol:** SUPREMEXSHINESTEELSLTD
- **BSE Code:** 534733
- **ISIN:** INE175N01023
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** aerpace.com

## About

Incorporated in 2011, Aaerpace Industries Ltd is in the business of renewable energy and infrastructure[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:50:10.091218Z.

- **Market Cap:** ₹567.4 Cr
- **Classification:** Microcap
- **P/E (reported):** -30
- **EPS (TTM):** ₹-1.15
- **EPS (reported):** ₹0
- **Book Value:** ₹2.44
- **Price to Book:** 15.09
- **Dividend Yield:** 0%
- **ROE:** -14.38%
- **ROCE:** -11.1%
- **Debt to Equity:** 1.08
- **Revenue (yearly):** ₹0 Cr
- **Net Income:** ₹-16.75 Cr
- **EBITDA:** ₹-13.57 Cr
- **52-Week High:** ₹42.44
- **52-Week Low:** ₹16.7
- **RSI (14):** 51.57

## Tapetide Score

- **Score:** 34 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 4.9 (of 4473 scored stocks)
- **Confidence:** 77%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 27.92 | 9.89% |
| momentum | 93.26 | 13.19% |
| ownership | 50 | 26.37% |
| quality | 8.18 | 24.18% |
| valuation | 18.1 | 26.37% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 14.8 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -28.2% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -154.95% | — | -909.8% |
| ebitda margin growth | 64.94% | -100% | -100% | — |
| net income growth | 52.81% | 126.35% | 830.56% | — |
| revenue growth | 0.3% | -100% | -100% | — |
| roce | -58.67% | 14.67% | -302.93% | — |
| roe | -53.53% | 27.03% | -7.36% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.3 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.47 | 0.54 | 0.92 | 0.64 | 1.48 | 3.42 | 1.26 | 2.71 | 1.86 | 7.75 | 2.99 |
| Operating Profit | -0.17 | -0.24 | -0.92 | -0.64 | -1.48 | -3.42 | -1.26 | -2.71 | -1.86 | -7.75 | -2.99 |
| OPM % | -56.67 | -80 | — | — | — | — | — | — | — | — | — |
| Other Income | 0.07 | 0.07 | 0.11 | 0.1 | 0.19 | 0.2 | 0.14 | 0.02 | 0.02 | 0.04 | 0.25 |
| Interest | 0.03 | 0.02 | 0.02 | 0.02 | 0.36 | 0.01 | 0.17 | 0.27 | 0 | 0.71 | 0.79 |
| Depreciation | 0.08 | 0.08 | 0.1 | 0.11 | 0.9 | 0.14 | 0.55 | 0.56 | 0.55 | 0.59 | 0.69 |
| Profit before tax | -0.21 | -0.27 | -0.93 | -0.67 | -2.55 | -3.37 | -1.84 | -3.52 | -2.39 | -9.01 | -4.22 |
| Tax % | 19.05 | -7.41 | 1.08 | -1.49 | -2.35 | -1.78 | -3.8 | -1.7 | -1.26 | -0.89 | -1.42 |
| Net Profit | -0.25 | -0.24 | -0.94 | -0.66 | -2.49 | -3.31 | -1.76 | -3.45 | -2.36 | -8.92 | -4.16 |
| EPS in Rs | -0.02 | -0.02 | -0.05 | -0.05 | -0.16 | -0.18 | -0.11 | -0.19 | -0.16 | -0.53 | -0.27 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 |
| Expenses | 2 | 2 | 6 | 14 | 15 |
| Operating Profit | -2 | -2 | -6 | -14 | -15 |
| Other Income | 2 | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 1 | 2 | 2 |
| Profit before tax | 0 | -2 | -8 | -17 | -19 |
| Tax % | 7 | 3 | -2 | -1 | — |
| Net Profit | 0 | -2 | -7 | -16 | -19 |
| EPS in Rs | 0.01 | -0.1 | -0.43 | -0.99 | -1.15 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 3 | 14 | 15 | 15 |
| Reserves | 0 | -1 | 33 | 22 |
| Borrowings | 2 | 1 | 15 | 40 |
| Other Liabilities | 0 | 5 | 6 | 7 |
| Total Liabilities | 5 | 19 | 69 | 84 |
| Fixed Assets | 1 | 5 | 19 | 45 |
| CWIP | 0 | 4 | 37 | 29 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 4 | 10 | 13 | 10 |
| Total Assets | 5 | 19 | 69 | 84 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -2 | -5 | -3 |
| Cash from Investing Activity | 0 | -5 | -37 | -20 |
| Cash from Financing Activity | 0 | 8 | 41 | 23 |
| Net Cash Flow | 0 | 1 | -1 | 0 |
| Free Cash Flow | 0 | -5 | -38 | -23 |
| CFO/OP | 12 | 130 | 78 | 23 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| ROCE % | — | -15 | -17 | -22 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 46.6% | 50.72% | 50.72% | 50.72% | 46.53% | 46.6% | 45.35% | 45.35% | 44.93% | 44.74% | 45.25% | 45.25% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 50.14% | 45.3% | 44.09% | 44.21% | 45.73% | 46.21% | 47.32% | 47.33% | 47.88% | 48% | 49.08% | 49.17% |
| Others | 3.26% | 3.98% | 5.19% | 5.07% | 7.74% | 7.2% | 7.33% | 7.32% | 7.19% | 7.26% | 5.68% | 5.59% |
| No. of Shareholders | 5874 | 7011 | 7776 | 9666 | 13762 | 18193 | 19018 | 19634 | 21258 | 21169 | 20493 | 20255 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 5 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 39.34 | Sell |
| EMA (10) | 37.88 | Sell |
| SMA (20) | 36.98 | Sell |
| EMA (20) | 37.13 | Sell |
| SMA (50) | 34.41 | Buy |
| EMA (50) | 34.55 | Buy |
| SMA (100) | 29.99 | Buy |
| EMA (100) | 31.59 | Buy |
| SMA (200) | 27.24 | Buy |
| EMA (200) | 28.85 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.57 | Neutral |
| MACD (12,26,9) | 1.22 | Sell |
| Stochastic (14,3,3) | 34.7 | Neutral |
| ADX (14) | 23.45 | Neutral |
| Williams %R (14) | -75.42 | Neutral |
| ATR (14) | 1.37 | High Volatility |
| ROC (12) | 3.49 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 23.94 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=310b499f-7e59-435d-a129-9d26baba28e1.pdf) |
| 2026-09-08 | [Notice Of 15Th Annual General Meeting Of Aerpace Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a86f30e2-b34b-4953-9e16-c16fa5ebd2cd.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=786601c8-a0fa-4346-a100-f80209f67f3c.pdf) |
| 2026-09-08 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On September 8 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e1d7bb4-7492-430c-97db-48c42a8a644c.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a11ab85e-83af-497a-9d69-87e71ac18962.pdf) |
| 2026-08-13 | [Newspaper Advertisement Of Unaudited Standlone And Consolidated Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2669c5e7-84c6-4239-9f86-d474142cdc74.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Submission Of Outcome Of The Board Meeting Held On August 11 2026 Pursuant To Regulation 30 Of SEBI LODR 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9839fc29-9fb7-4a17-ac6d-14388aec7c17.pdf) |
| 2026-08-10 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5177bc9-909d-4ebc-9ac0-cf846bf5e2b3.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Consolidated And Standalone) Along With Limited Review Report For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6c271ba-c283-4a4e-8017-2865c1156853.pdf) |
| 2026-07-31 | [Business Update For The Month Of July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92cde0d4-5dab-47f4-9af2-bd01effb7fd4.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Submission Of Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71f3f7be-e605-452d-ba28-46715b47f4b6.pdf) |
| 2026-05-11 | [Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=584f4c14-405a-4a56-bedc-82d08aeb420d.pdf) |
| 2026-02-12 | [Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f48c2eb6-e40c-43c2-aaba-a5b0c60567e4.pdf) |
| 2025-11-12 | [Outcome Of Board Meeting Held On 12Th November 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ab26d9c-7f6f-4fa3-9014-b3e741f2ccff.pdf) |
| 2025-08-14 | [Results - Financials For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5be7584-ef18-4c99-984f-18b1870316e7.pdf) |
| 2025-05-14 | [Results For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fb3ff82-b528-45cd-97bb-2722993678d3.pdf) |
| 2025-02-06 | [Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47d3a897-8e32-4949-b1e2-196401c88566.pdf) |
| 2024-11-11 | [Results For The Quarter And Half Year Ended 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee2de853-9225-41a5-91f2-432712c7b133.pdf) |
| 2024-08-13 | [Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb0f1665-37d5-4cf4-a622-0482512b608a.pdf) |
| 2024-07-16 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10ff76b2-f1cd-45b3-9c46-76dedfea7e20.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7h - Board approved FY26 audited results, appointed Company Secretary, and re-designated MD/CFO on May 11, 2026. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On May 11, 2026 7h - Board approved FY26 audited results, appointed Company Secretary, and re-designated MD/CFO on May 11, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7f9f8304-33fb-4928-bba1-39078fb2b579.pdf) |
| 7h - Board approved FY26 audited results and appointed CS; redesignated MD and CFO roles effective May 11-12, 2026. | [Financial Results For The Quarter And Year Ended March 31, 2026 7h - Board approved FY26 audited results and appointed CS; redesignated MD and CFO roles effective May 11-12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/584f4c14-405a-4a56-bedc-82d08aeb420d.pdf) |
| 5 May - M/s Jain Preeti & Company resigned as secretarial auditor, effective May 5, 2026, due to pre-occupation. | [Announcement under Regulation 30 (LODR)-Cessation 5 May - M/s Jain Preeti & Company resigned as secretarial auditor, effective May 5, 2026, due to pre-occupation.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4aae05f2-45e6-4547-9e0c-a2ad4c725c51.pdf) |
| 5 May - Board meeting on May 11, 2026 to approve audited FY2026 standalone and consolidated results. | [Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 5 May - Board meeting on May 11, 2026 to approve audited FY2026 standalone and consolidated results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3bddbb30-7f3d-4595-8c92-cb7161a2021b.pdf) |
| 4 Feb - Board meeting 12 Feb 2026 to approve unaudited results for quarter/nine months ended 31 Dec 2025. | [Board Meeting Intimation for Intimation For Un-Audited Financial Results For Quarter And Nine Months Ended 31St December 2025 4 Feb - Board meeting 12 Feb 2026 to approve unaudited results for quarter/nine months ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bebf67de-9524-4edc-a0f0-410374e52809.pdf) |
| 30 January 2026 - EOGM Feb 23, 2026 to adopt revised MOA; authorized capital ₹3,05,15,000; shift state to Gujarat. | [Shareholders meeting 30 January 2026 - EOGM Feb 23, 2026 to adopt revised MOA; authorized capital ₹3,05,15,000; shift state to Gujarat.](https://nsearchives.nseindia.com/corporate/MASKINVEST_30012026134330_300126NSEIntimationofEOGM.pdf) |
| 29 January 2026 - Board approved new MOA; EOGM Feb 23, 2026; authorised capital ₹3,05,15,000; scrutinizer appointed. | [Outcome of Board Meeting 29 January 2026 - Board approved new MOA; EOGM Feb 23, 2026; authorised capital ₹3,05,15,000; scrutinizer appointed.](https://nsearchives.nseindia.com/corporate/MASKINVEST_29012026115145_290126NSEOutcomeofBMMask.pdf) |
| 28 Feb - Company Secretary & Compliance Officer Neha Rajan Mankame resigned effective February 28, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 28 Feb - Company Secretary & Compliance Officer Neha Rajan Mankame resigned effective February 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b93abc0-702b-4624-bb3f-e40557b7a794.pdf) |
| 25 Mar - Trading window closed April 1, 2026 until 48 hours after audited FY2026 results declaration. | [Closure of Trading Window 25 Mar - Trading window closed April 1, 2026 until 48 hours after audited FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa337c97-60bc-45a0-a5c1-480e3b690e0a.pdf) |
| 21 February 2026 - MASKINVEST: Mask Investments Limited has informed the Intimation regarding Postponement of 1st Extra Ordinary General Meeting of the Members of Mask Investments Limited due to … | [Disclosure of material issue 21 February 2026 - MASKINVEST: Mask Investments Limited has informed the Intimation regarding Postponement of 1st Extra Ordinary General Meeting of the Members of Mask Investments Limited due to …](https://nsearchives.nseindia.com/corporate/MASKINVEST_21022026131035_210226NSEIntimationofPostponeofEGMMask.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28588_MASKINVEST_2024_2025_A_1976404_05092025165321.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25797_MASKINVEST_2023_2024_05092024143353.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22143_MASKINVEST_2022_2023_03072023163423_07032023170010.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21568_MASKINVEST_2021_2022_07092022111141_09072022120010.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19341_MASKINVEST_2020_2021_04092021152221_09042021160011.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17291_MASKINVEST_2019_2020_04092020180820_04092020190010.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/AR_16056_MASKINVEST_2018_2019_27092019112250_27092019120004.zip) |
| from nse | [Financial Year 2018 from nse](https://archives.nseindia.com/annual_reports/AR_14120_MASKINVEST_2017_2018_06102018113552.zip) |
| from nse | [Financial Year 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11671_MASKINVEST_2016_2017_27092017171513.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9e39286-f7dd-4aca-8aed-5feb708db68c.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:25:35.959Z.