Q2 results approved, Rs. 25 crore investment in finance arm, and a senior legal appointment
Board approved unaudited consolidated and standalone results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 24,990.49 | 17,234.97 | +45% | 18,899.76 | +32.2% |
| Total income | 27,733.89 | 18,038.97 | +53.7% | 33,316.37 | −16.8% |
| Profit before tax | 5,250.19 | 2,832.06 | +85.4% | 15,013.28 | −65% |
| Profit after tax | 3,823.55 | 2,043.51 | +87.1% | 10,322.11 | −63% |
| Total comprehensive income | 4,054.94 | 2,008.03 | +102% | 10,309.10 | −60.7% |
| Basic EPS | 2.27 | 1.24 | +83.1% | 8.54 | −73.4% |
- Total income
- Latest 27,733.89; Year ago 18,038.97 (+53.7%); Prev qtr 33,316.37 (−16.8%)
- Profit after tax
- Latest 3,823.55; Year ago 2,043.51 (+87.1%); Prev qtr 10,322.11 (−63%)
- Period
- 3 months ended 30/09/2026
Also decided at the meeting
- Appointed Mr. Fredrick Pinto as Group Vice President – Legal and Compliance and Senior Management Personnel, effective November 04, 2026.
- Approved further investment aggregating up to Rs. 25 crores in wholly-owned subsidiary Aeroflex Finance Private Limited by subscription to equity shares, in one or more tranches.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional items for quarter ended 30/09/2026: ₹ 446.33 lakhs loss on sale of subsidiary; 30/06/2026: ₹ 93.01 lakhs diminution in value of investment.
- MR Organisation Limited ceased to be a subsidiary with effect from 30/04/2026 following divestment of the entire stake.
- Acquired 51.01% control in Stilonn Valves and Control Private Limited via Aeroflex Neu Limited for ₹ 1,900.33 lakhs; it became a step-down subsidiary from October 23, 2026.
Board meeting held on November 04, 2026
Three items were considered and approved
- Unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026, together with the Limited Review Reports of the statutory auditors.
- Appointment of Mr. Fredrick Pinto as Group Vice President – Legal and Compliance, and his classification as Senior Management Personnel, with effect from November 04, 2026. He is a qualified Company Secretary, Cost Accountant and Law Graduate, and was previously associated with Greaves Cotton Limited.
- Further investment of up to Rs. 25 crores in Aeroflex Finance Private Limited, a wholly-owned subsidiary, by way of subscription to its equity shares, in one or more tranches.
The quarter in numbers (consolidated, as printed)
- Revenue from operations for the quarter: Rs. 24,990.49 lakhs
- Total income for the quarter: Rs. 27,733.89 lakhs
- Profit for the period for the quarter: Rs. 3,823.55 lakhs
- Profit for the period for the half year from April 1, 2026 to September 30, 2026: Rs. 14,145.66 lakhs
On a standalone basis, profit for the period for the quarter was Rs. 810.82 lakhs.
Auditor's review conclusion
The statutory auditors, Ajay Paliwal & Company, stated that nothing came to their attention that causes them to believe the statement has not disclosed the required information or contains any material misstatement. Their conclusion on the statement is not modified. The statement includes subsidiary interim financial information reviewed by other auditors, and some that was not reviewed by its auditors, which the management states is not material to the Group.
Other points from the results notes
- The Company acquired 51.01% control in Sitlom Valves and Control Private Limited, which manufactures precision engineering products with applications in the IA Infra and Data Centre space, through its subsidiary Aeroflex Neu Limited for a consideration of Rs. 1,900.33 lakhs in tranches. It became a step-down subsidiary with effect from October 23, 2026.
- MR Organisation Limited ceased to be a subsidiary with effect from 30/04/2026, following divestment of the entire stake in it.
- Because of these acquisitions and changes in shareholding of some subsidiaries, the consolidated results for the current period are not strictly comparable with those of the previous period, per the notes.
What a retail investor can take away
This is a routine board outcome that bundles three separate decisions: the quarterly numbers, a senior management hire and fresh money going into the company's own finance subsidiary. The auditors have issued a review conclusion without modification on the results. The investment in Aeroflex Finance is an intra-group funding step into a wholly-owned entity, and the results notes show the group is also reshaping its subsidiary structure through the Sitlom Valves acquisition and the MR Organisation divestment.
Also from Aeroflex Enterprises
Aeroflex Enterprises Q2 FY27: total income up 53.74%, PAT up 87.11%
4 Nov 2026
Board appoints Fredrick Pinto as Group VP – Legal & Compliance and Senior Management Personnel
4 Nov 2026
Material subsidiary Aeroflex Neu approved to buy 55% of Aerolex Cables for ₹ 3100 lakhs
30 Oct 2026
More numbers
- Further investment in Aeroflex Finance Private Limited (wholly-owned subsidiary)Rs. 25 crores
- Consolidated Profit for the period, half year ended 30/09/2026 (Rs. lakhs)14,145.66
- Standalone Profit for the period, quarter (Rs. lakhs)810.82
- Control acquired in Sitlom Valves and Control Private Limited51.01%
- Consideration for Sitlom Valves and Control Private Limited (Rs. lakhs)1,900.33 lakhs
- Total income, latest quarter27,733.89 (Amount in ₹ lakhs)
- Total income, year-ago quarter18,038.97 (Amount in ₹ lakhs)
- Total income, previous quarter33,316.37 (Amount in ₹ lakhs)
- Total comprehensive income, latest quarter4,054.94 (Amount in ₹ lakhs)
- Total comprehensive income, year-ago quarter2,008.03 (Amount in ₹ lakhs)
- Total comprehensive income, previous quarter10,309.10 (Amount in ₹ lakhs)
- Profit after tax, latest quarter3,823.55 (Amount in ₹ lakhs)
- Profit after tax, year-ago quarter2,043.51 (Amount in ₹ lakhs)
- Profit after tax, previous quarter10,322.11 (Amount in ₹ lakhs)
- Revenue from operations, latest quarter24,990.49 (Amount in ₹ lakhs)
- Revenue from operations, year-ago quarter17,234.97 (Amount in ₹ lakhs)
- Revenue from operations, previous quarter18,899.76 (Amount in ₹ lakhs)
- Profit before tax, latest quarter5,250.19 (Amount in ₹ lakhs)
- Profit before tax, year-ago quarter2,832.06 (Amount in ₹ lakhs)
- Profit before tax, previous quarter15,013.28 (Amount in ₹ lakhs)
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