Aartech Solonics (AARTECH)₹45.51+0.29%Heavy Electrical Equipment
In the Jun 2026 quarter (consolidated), Aartech Solonics reported sales of ₹7.26 Cr, up 67.7% from Jun 2025, and net profit of ₹1.54 Cr, up 148.4% year on year. For the year to Mar 2026, sales were ₹40.76 Cr and net profit ₹3.96 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.02 | 7.32 | 9.94 | 6.59 | 9.38 | 9.74 | 10.52 | 4.33 | 11.67 | 7.35 | 17.41 | 7.26 |
| Expenses | 9.01 | 7.82 | 9.48 | 6.93 | 8.44 | 8.70 | 12.56 | 4.44 | 9.33 | 5.05 | 16.06 | 6.41 |
| Operating Profit | 0.07 | −0.48 | 0.53 | −0.32 | 1.01 | 1.10 | −1.99 | −0.10 | 2.40 | 2.35 | 1.46 | 0.90 |
| OPM % | 0.7% | −6.4% | 5.2% | −4.7% | 10.7% | 11.2% | −18.7% | −2.1% | 20.5% | 31.8% | 8.3% | 12.3% |
| Other Income | 0.64 | 1.45 | 0.29 | 2.09 | 0.99 | 0.64 | −0.70 | 1.41 | 0.36 | −0.93 | 0.53 | 1.65 |
| Interest | 0.14 | 0.15 | 0.17 | 0.14 | 0.19 | 0.14 | 0.12 | 0.22 | 0.18 | 0.16 | 0.23 | 0.22 |
| Depreciation | 0.10 | 0.11 | 0.13 | 0.11 | 0.13 | 0.12 | 0.10 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Profit before tax | 0.44 | 0.70 | 0.49 | 1.51 | 1.65 | 1.45 | −2.88 | 0.96 | 2.43 | 1.13 | 1.61 | 2.18 |
| Tax % | 0.0% | 18.2% | 175.9% | 30.9% | 9.6% | −26.1% | −44.0% | 35.0% | 11.8% | 50.0% | 62.9% | 29.2% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 | 0.00 | 0.00 |
| Net Profit | 0.44 | 0.58 | −0.37 | 1.03 | 1.50 | 1.83 | −1.62 | 0.62 | 2.14 | 0.57 | 0.60 | 1.54 |
| EPS (Rs) | 0.15 | 0.20 | −0.14 | 0.34 | 0.49 | 0.59 | −0.54 | 0.31 | 0.69 | 0.20 | 0.22 | 0.50 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.76 | 14.01 | 10.06 | 10.93 | 16.28 | 21.64 | 32.62 | 36.25 | 40.76 | 43.69 |
| Expenses | 9.66 | 13.74 | 10.13 | 10.48 | 13.85 | 20.45 | 32.34 | 34.82 | 34.84 | 36.85 |
| Operating Profit | 0.15 | 0.34 | −0.03 | 0.51 | 2.54 | 1.30 | 0.49 | 1.62 | 6.16 | 7.11 |
| OPM % | 1.4% | 2.4% | −0.2% | 4.6% | 15.6% | 6.0% | 1.5% | 4.5% | 15.1% | 16.3% |
| Other Income | 1.23 | 1.10 | 0.50 | 0.59 | 1.46 | 1.48 | 3.15 | 1.19 | 1.32 | 1.61 |
| Interest | 0.09 | 0.20 | 0.22 | 0.25 | 0.22 | 0.29 | 0.58 | 0.56 | 0.76 | 0.79 |
| Depreciation | 0.31 | 0.26 | 0.29 | 0.37 | 0.33 | 0.43 | 0.46 | 0.49 | 0.51 | 0.48 |
| Profit before tax | 0.95 | 0.95 | −0.03 | 0.45 | 3.42 | 2.03 | 2.57 | 1.73 | 6.16 | 7.35 |
| Tax % | 20.7% | 45.8% | 399.9% | 45.6% | 18.0% | 30.4% | 49.2% | −59.3% | 35.7% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.99 | 0.00 | 0.00 | −0.99 |
| Net Profit | 0.75 | 0.50 | −0.18 | 0.25 | 2.79 | 1.41 | 1.31 | 2.75 | 3.96 | 4.85 |
| EPS (Rs) | 0.35 | 0.17 | −0.07 | 0.09 | 0.89 | 0.46 | 0.43 | 0.88 | 1.28 | 1.61 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 135.8% | 18.9% | 0.0% | 0.0% | 14.4% | 0.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.93 | 7.04 | 7.06 | 7.05 | 10.57 | 10.57 | 10.58 | 15.85 | 15.86 |
| Reserves | 12.56 | 18.19 | 17.66 | 17.94 | 16.80 | 18.28 | 18.96 | 15.57 | 19.23 |
| Borrowings | 0.00 | 1.10 | 2.36 | 1.11 | 0.66 | 2.69 | 4.16 | 5.64 | 5.62 |
| Other Liabilities | 2.24 | 1.97 | 2.79 | 2.55 | 4.00 | 5.09 | 7.24 | 5.67 | 9.85 |
| Total Liabilities | 19.73 | 28.30 | 29.87 | 28.65 | 32.03 | 36.63 | 40.94 | 42.73 | 50.56 |
| Fixed Assets | 4.69 | 5.07 | 5.28 | 5.02 | 5.11 | 4.92 | 5.09 | 5.06 | 4.48 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.14 |
| Investments | 4.42 | 6.44 | 8.50 | 6.64 | 8.15 | 10.63 | 14.04 | 12.72 | 10.13 |
| Other Assets | 10.62 | 16.79 | 16.09 | 16.99 | 18.77 | 21.08 | 21.81 | 24.91 | 35.81 |
| Inventories | 3.90 | 2.55 | 2.91 | 2.18 | 2.77 | 5.14 | 7.76 | 10.83 | 10.86 |
| Trade receivables | 3.44 | 5.07 | 4.64 | 6.38 | 7.17 | 10.53 | 9.46 | 5.88 | 16.32 |
| Cash & equivalents | 3.53 | 4.21 | 0.78 | 1.06 | 1.21 | 1.38 | 2.35 | 2.39 | 3.46 |
| Total Assets | 19.73 | 28.30 | 29.87 | 28.65 | 32.03 | 36.63 | 40.94 | 42.73 | 50.56 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.05 | −1.41 | 1.28 | −1.62 | 1.67 | −4.83 | 1.50 | −1.53 | −0.76 |
| Cash from investing activity | −1.15 | −6.07 | −4.24 | 2.29 | −1.28 | 3.85 | −0.94 | 1.29 | 2.76 |
| Cash from financing activity | 2.29 | 8.32 | −0.49 | −0.40 | −0.24 | 1.18 | 0.41 | 0.29 | −0.91 |
| Net cash flow | 1.17 | 0.84 | −3.42 | 0.27 | 0.15 | 0.18 | 0.96 | 0.03 | 1.09 |
| Capex | 1.50 | 0.63 | 0.49 | 0.10 | 0.20 | 0.51 | 0.63 | 0.48 | 0.48 |
| Free cash flow | −1.21 | −2.04 | 0.83 | −1.73 | 1.46 | −3.46 | 0.86 | −1.94 | −1.13 |
| CFO / OP % | 121.0% | −317.9% | −7,099.9% | −310.0% | 73.1% | −305.0% | 344.0% | −67.9% | −3.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 130 | 133 | 169 | 214 | 161 | 179 | 107 | 60 | 147 |
| Inventory days | 274 | 104 | 193 | 137 | 120 | 146 | 131 | 222 | 175 |
| Days payable | 35 | 40 | 120 | 90 | 98 | 119 | 95 | 87 | 109 |
| Cash conversion cycle | 370 | 198 | 244 | 262 | 185 | 207 | 144 | 196 | 214 |
| Working capital days | 224 | 186 | 188 | 229 | 158 | 181 | 84 | 91 | 215 |
| ROCE % | — | 3.7% | −0.3% | 1.1% | 8.4% | 7.4% | 4.8% | 5.6% | 17.8% |
For the Jun 2026 quarter, Aartech Solonics reported sales of ₹7.26 Cr, up 67.7% year on year and net profit of ₹1.54 Cr, up 148.4% year on year. The operating margin was 12.3%.
Aartech Solonics' sales for the year to Mar 2026 were ₹40.76 Cr; over the last twelve months they were ₹43.69 Cr.
Net profit for the year to Mar 2026 was ₹3.96 Cr, and ₹4.85 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.61.
Aartech Solonics reported borrowings of ₹5.62 Cr at Mar 2026, against cash and equivalents of ₹3.46 Cr.
Cash from operations was −₹0.76 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1.13 Cr.