Aeroflex Industries Ltd — earnings calls

Aeroflex Industries reported consolidated Q1 FY27 revenue of INR145.97 crores, up 72.4% year-on-year, with EBITDA of INR33.5 crores and PAT of INR18.79 crores. Growth was driven by both the core flexible hose business, which grew 41% year-on-year, and the SFN skid assemblies business for data centre liquid cooling, which contributed INR32.4 crores or about 23% of revenue. Management discussed capacity expansion plans for both skid assemblies and flexible hoses, along with margin trends and international business development.

Aeroflex Industries reported Q4 FY26 total income of Rs 126.5 crore, up 38% year-on-year, with EBITDA of Rs 30 crore, up 59%, and a margin of 23.86%. For FY26, total income grew 17% to Rs 443.3 crore, EBITDA rose 26% to Rs 99.7 crore, and PAT was Rs 55.5 crore, with the skid assemblies business contributing about 5% of full-year sales. Management discussed capacity expansion in skid assemblies from 6,000 to 15,000 units per annum, an income tax demand of about Rs 40 crore under appeal, and growth across the hose assemblies, Hyd-Air and metal bellows businesses.