Aeroflex Industries shares closed 1.78% higher at ₹567.50 on October 14, 2026, gaining ₹9.90 from the previous close, demonstrating strong investor confidence in the company's expansion strategy. The stock opened at ₹530.60 compared to its previous close and surged 1.67% to reach this all-time high level, with the company's total market capitalisation standing at ₹7,504.48 crore as of October 14, 2026. The stock has demonstrated exceptional performance over the past year, moving from ₹175.6 to ₹579.9, registering a substantial gain of ₹404.4 or 230.3%. At 2:43 PM, Aeroflex was quoting 1.67% higher at ₹566.90, with the scrip advancing 1% in the past week and over the month, and soaring more than 194% on a year-to-date basis. However, the stock has faced recent volatility, tanking 11% to ₹508.60 on Thursday amid heavy volume as investors engaged in profit booking after the company announced its capacity expansion programme.
The board of directors approved comprehensive capacity expansion plans for both SS Hose & Braiding and Liquid Cooling SFN Skid Assemblies divisions, with a total combined investment of ₹202 crore to be financed through internal accruals, equity, and bridge loan financing. The SS Hose & Braiding Division capacity enhancement from 20 million meters per annum to 30 million meters per annum involves an increase of 10 million meters annually, requiring an investment of ₹124 crore. Additionally, the company approved setting up a new state-of-the-art assembly plant to convert 70% to 75% of Hoses and Braids into Assemblies. For the Liquid Cooling SFN Skid Assemblies Division, capacity enhancement from 15,000 pieces per annum to 30,000 pieces per annum includes setting up an additional facility, requiring an investment of ₹78 crore. Both projects are expected to be completed in a phased manner by March 2028, with the company having already completed capacity enhancement in SS Hose & Braiding Division to 20 million meters per annum and liquid cooling SFN Skid Assemblies to 12,000 pieces per annum, with the remaining 3,000 pieces projected to be completed by December 2026.
Aeroflex Industries plans to invest ₹202 crore by March 2028 to expand manufacturing capacity across stainless steel hoses, hose assemblies and liquid cooling systems, specifically targeting growing demand from data centres and industrial applications. Asad Daud, managing director of Aeroflex Industries, highlighted that new industrial applications and changing customer requirements were driving demand for SS hoses, braiding and assemblies. He emphasized that the rapid growth of AI workloads, data centre infrastructure and high-density computing was creating opportunities for liquid cooling solutions. The expansion will include upgrades at the company's existing Taloja facility and a new manufacturing facility for hose assemblies, with the expanded facilities expected to generate an additional ₹500-550 crore in revenue at peak capacity utilisation. The company's liquid cooling solutions business continues its rapid scale-up, with skid assembly revenue rising to ₹32.4 crore, supported by the sale of 1,040 skids at an average realisation of ₹3.11 lakh per skid.
Aeroflex Industries reported exceptional Q1 FY27 results with net profit surging 162.2% year-on-year to ₹188 million for the quarter ended June 2026, compared to a profit of ₹72 million in the same period last year. Net sales rose 72.4% to ₹1,454 million during the quarter as against ₹843 million in April-June 2025. The company achieved its highest-ever revenue of ₹1,459.7 crore in Q1FY27, representing a 72.41% year-on-year growth. EBITDA for the quarter registered strong 116.38% YoY growth to ₹33.49 crore, while EBITDA margin jumped 468 basis points YoY to 23.04% in the June quarter of the current financial year. The liquid cooling solutions business continued its rapid scale-up, with skid assembly revenue rising to ₹32.4 crore, supported by the sale of 1,040 skids at an average realisation of ₹3.11 lakh per skid, compared with 571 skids and ₹18.9 crore revenue in Q4FY26. The company's full-year performance for FY26 also showed robust growth with net profit increasing 5.8% to ₹555 million compared to ₹525 million during FY25.
Investor Ashish Kacholia held a 2.27% stake, or 3 million shares, in Aeroflex at the end of the June 2026 quarter, according to shareholding pattern data. Resident individuals hold a total 23.74% stake in Aeroflex, while foreign portfolio investors (FPIs) held a 3.6% stake in the company. Despite recent volatility, the stock has outperformed the market by zooming 169% thus far in calendar year 2026, compared to a 13% fall in the BSE Sensex. The stock has rallied 77% in the past six months, against a 5% decline in the benchmark index. However, the stock has faced recent pressure, slipping 17% from its 52-week high of ₹613.50 touched on Wednesday, October 14, 2026, with the combined 5.41 million shares changing hands on Thursday's trading session as investors engaged in profit booking after the company's announcement.
