Airfloa Rail Technology
Airfloa Rail Technology
Capital GoodsKey Fundamentals
SMEIndustrial ProductsCapital GoodsTapetide Score
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Key Insights
Strengths
1- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 244 days.
- Working capital days have increased from 116 days to 186 days
Growth Rate
Quarterly Results
| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 85 | 107 | 91 | 229 |
| Expenses | 63 | 81 | 69 | 187 |
| Operating Profit | 22 | 26 | 22 | 42 |
| OPM % | 26% | 24% | 24% | 18% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 5 | 6 | 4 | 4 |
| Depreciation | 1 | 1 | 2 | 2 |
| PBT | 16 | 19 | 16 | 36 |
| Tax % | 39% | 16% | 27% | 25% |
| Net Profit | 10 | 16 | 12 | 27 |
| EPS in Rs | 5.86 | 9.19 | 5.04 | 11.29 |
Profit & Loss
| Particulars | Mar 2005 | Mar 2006 | Mar 2007 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 1 | 4 | 137 | 95 | 119 | 192 | 320 |
| Expenses | 1 | 1 | 4 | 120 | 79 | 87 | 144 | 255 |
| Operating Profit | 0 | 0 | 0 | 17 | 17 | 32 | 48 | 64 |
| OPM % | 6% | 5% | 4.2% | 12% | 17% | 27% | 25% | 20% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 |
| Interest | 0 | 0 | 0 | 9 | 11 | 12 | 11 | 9 |
| Depreciation | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 3 |
| PBT | 0 | 0 | 0 | 5 | 2 | 21 | 35 | 53 |
| Tax % | 33% | 50% | 67% | 56% | 36% | 31% | 27% | 26% |
| Net Profit | 0 | 0 | 0 | 2 | 1 | 14 | 26 | 39 |
| EPS in Rs | 8 | 2 | 0.8 | 4.38 | 2.98 | 28.49 | 14.64 | 16.33 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2005 | Mar 2006 | Mar 2007 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 0.25 | 5 | 5 | 5 | 17 | 24 |
| Reserves | 0 | 0 | 0 | 37 | 37 | 51 | 91 | 213 |
| Borrowings | 0 | 0 | 1 | 71 | 60 | 64 | 60 | 68 |
| Other Liabilities | 0 | 0 | 1 | 49 | 62 | 82 | 87 | 96 |
| Total Liabilities | 1 | 1 | 2 | 162 | 164 | 202 | 256 | 401 |
| Fixed Assets | 0 | 0 | 0 | 37 | 36 | 34 | 37 | 49 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Other Assets | 1 | 0 | 2 | 125 | 128 | 168 | 219 | 346 |
| Total Assets | 1 | 1 | 2 | 162 | 164 | 202 | 256 | 401 |
Cash Flow
| Particulars | Mar 2005 | Mar 2006 | Mar 2007 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | — | — | — | — | 10 | 3 | -4 | -57 |
| Investing | — | — | — | — | 3 | 3 | -6 | -22 |
| Financing | — | — | — | — | -21 | -7 | 13 | 88 |
| Net Cash Flow | — | — | — | — | -8 | -1 | 2 | 9 |
| Free Cash Flow | — | — | — | — | 13 | 6 | -11 | -75 |
| CFO/OP | — | — | — | — | 65 | 12 | 0 | -73 |
Ratios
| Particulars | Mar 2005 | Mar 2006 | Mar 2007 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 144 | 111 | 122 | 178 | 187 | 311 | 242 | 244 |
| Inventory Days | 28 | 61 | 23 | 181 | 400 | 258 | 202 | 125 |
| Days Payable | 81 | 79 | 92 | 186 | 414 | 337 | 207 | 105 |
| Cash Conversion Cycle | 92 | 93 | 52 | 172 | 173 | 232 | 237 | 264 |
| Working Capital Days | 96 | 73 | 66 | 16 | -19 | 47 | 114 | 186 |
| ROCE % | — | 10% | 12% | — | 13% | 29% | 32% | 26% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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38 extracted metrics + investor summaries across FY05–FY26.
Documents
Frequently Asked Questions about Airfloa Rail Technology
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Company Information
Incorporated in December 1998, Airfloa Rail Technology Limited manufactures components for Indian Railways' rolling stock through production units like the Integral Coach Factory (ICF) and other coach factories.[1]
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