AIA ENGINEERING chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 378.13
Dividend & Yield9.00₹ (0.43%)
Beta 0.46
Market capitalization 198.23B
Operating cash flow -392.19M
ESG Scores unknown

Company description

AIA Engineering Limited designs, develops, manufactures, installs, and servicing high chromium wear, corrosion, and abrasion resistant castings in India and internationally. The company offers grinding media; shell liners; and diaphragms, such as partition walls, discharge diaphragms, drying chamber diaphragms, inlet/outlet headliners, and dopple rotator diaphragms for tube mill applications; and grinding tables and rolls for vertical mill applications. It also provides castings for preheaters, kilns, and coolers; and wear parts for cone crushers, hammer crushers, impellor crushers, and vertical shaft impact crushers. In addition, the company offers rod mill internal products; and wear components for quarrying applications. Further, it provides tube mill internals, vertical mill parts, and high-performance milling systems; and installation and commissioning supervision, and mill optimization technical services for the power industry, as well as wear components for the aggregates industry. Additionally, the company offers mill audit, turnkey installation and commissioning, stock assessment and management, and performance monitoring services. Its products are used in cement, mining, and thermal power generation industries. AIA Engineering Limited was founded in 1979 and is based in Ahmedabad, India.

Sector: Industrials - Industry: Specialty Industrial Machinery

Financial Ratios
Quick Ratio8.23
Working Capital0.18
Return On Equity0.13
Debt To Equity0
Fixed Asset Ratio0
Fixed Interest Cover163.32

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 159.17M -389.31M 295.31M 315.51M
Total Cashflows From Investing Activities -1.64B -3.11B -3.51B 998.54M
Net Borrowings 72.12M -254.57M 696.06M -1.88B
Total Cash From Financing Activities -1.26M -4.29B 665.38M -2.68B
Change To Operating Activities 221.6M 494.8M 289.07M -309.04M
Issuance Of Stock
Net Income 5.11B 5.9B 5.66B 6.2B
Change In Cash 271.52M -598.17M 3.14B -2.05B
Effect Of Exchange Rate 14.13M 3.99M -405k 14.52M
Total Cash From Operating Activities 1.9B 6.79B 5.98B -392.19M
Depreciation 782.93M 972.01M 926.72M 921.16M
Change To Account Receivables -1.14B 1.05B -222.56M -1.3B
Other Cashflows From Financing Activities -73.23M -636.25M -30.68M -30.88M
Change To Netincome -918.82M -1.32B -1.21B -1.5B
Capital Expenditures -1.99B -1.32B -1.24B -1.25B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.94B 7.19B 7.3B 7.81B
Net Income 5.11B 5.9B 5.66B 6.2B
Selling General Administrative 1.33B 1.36B 1.35B 5.61B
Gross Profit 18.28B 17.9B 17.19B 17.67B
Ebit 5.81B 5.82B 5.64B 6.29B
Operating Income 5.81B 5.82B 5.64B 6.29B
Interest Expense -75.47M -55.88M -42.93M -38.5M
Income Tax Expense 1.83B 1.28B 1.64B 1.62B
Total Revenue 30.69B 29.7B 28.81B 35.67B
Cost Of Revenue 12.42B 11.8B 11.62B 18B
Total Other Income ExpenseNet 1.13B 1.36B 1.66B 1.52B
Net Income From Continuing Ops 5.11B 5.9B 5.66B 6.2B
Net Income Applicable To Common Shares 5.11B 5.9B 5.66B 6.2B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 5.11B 4.52B 5.05B 3.62B
Total Stockholder Equity 35.14B 37.01B 42.44B 47.55B
Other Current Liabilities 807.91M 845.36M 667.73M 1.02B
Total Assets 40.34B 41.62B 47.58B 51.26B
Common Stock 188.64M 188.64M 188.64M 188.64M
Other Current Assets 1.31B 995.97M 684.9M 1.14B
Retained Earnings 32.22B 34.1B 39.78B
Treasury Stock 50.09M 40.89M -205.64M 47.36B
Cash 2.08B 1.48B 4.62B 5.06B
Total Current Liabilities 3.99B 3.63B 4.45B 3.04B
Other Stockholder Equity 50.09M 40.89M -205.64M 47.36B
Property, Plant, and Equipment 8.82B 8.99B 9.49B 9.78B
Total Current Assets 30.57B 31.44B 34.59B 37.27B
Net Tangible Assets 34.91B 36.78B 42.21B 47.32B
Net Receivables 7.76B 6.91B 6.86B 8.26B
Accounts Payable 1.74B 1.36B 1.66B 1.97B


Insider Transactions

Here are the insider transactions of stock shares related to AIA ENGINEERING:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Shah (Balkrishna F) HUFSale at price 29.55 per share.D2021-09-15UNREPORTED200
Shah (Balkrishna F) HUFSale at price 29.15 per share.D2021-09-06UNREPORTED200
Shah (Balkrishna F) HUFSale at price 28.77 per share.D2021-09-03UNREPORTED100
Shah (Balkrishna F)Sale at price 29.21 per share.D2021-06-29UNREPORTED100
Shah (Balkrishna F)Sale at price 28.95 per share.D2021-06-28UNREPORTED100
Shah (Balkrishna F)Sale at price 28.57 per share.D2021-06-25UNREPORTED200
Shah (Balkrishna F)Sale at price 28.04 per share.D2021-06-24UNREPORTED200
Shah (Balkrishna F)Sale at price 27.65 per share.D2021-06-23UNREPORTED100
Shah (Balkrishna F)Sale at price 27.38 per share.D2021-06-21UNREPORTED100
Shah (Balkrishna F) HUFSale at price 28.03 per share.D2021-03-31UNREPORTED500
Shah (Balkrishna F) HUFSale at price 26.82 per share.D2021-03-30UNREPORTED300
Jetheliya (S. N.)Sale at price 26.57 per share.D2020-12-02Compliance Officer50
Shah (Balkrishna F)Sale at price 27.91 per share.D2020-12-02UNREPORTED5.1k
Jetheliya (S. N.)Sale at price 25.67 per share.D2020-11-25Compliance Officer150
Shah (Balkrishna F)Sale at price 26.03 per share.D2020-11-25UNREPORTED700
Shah (Shardaben Balkrishna)Sale at price 25.62 per share.D2020-11-25UNREPORTED100
Jetheliya (S. N.)Sale at price 25.20 per share.D2020-11-24Compliance Officer600
Shah (Balkrishna F)Sale at price 25.18 per share.D2020-11-24UNREPORTED400
Shah (Balkrishna F)Sale at price 24.61 per share.D2020-11-23UNREPORTED370
Shah (Balkrishna F)Sale at price 24.29 per share.D2020-11-20UNREPORTED30
Shah (Balkrishna F)Sale at price 24.29 per share.D2020-11-18UNREPORTED100
Majumdar (Ratna Sanjay)Sale at price 23.81 per share.D2020-09-30UNREPORTED2.62k
Shah (Balkrishna F)Sale at price 25.15 per share.D2020-09-30UNREPORTED100
Shah (Balkrishna F)Sale at price 25.83 per share.D2020-09-21UNREPORTED100
Shah (Balkrishna F)Sale at price 25.90 per share.D2020-09-14UNREPORTED500
Shah (Balkrishna F)Sale at price 25.37 per share.D2020-08-27UNREPORTED200
Shah (Balkrishna F)Sale at price 25.06 per share.D2020-08-26UNREPORTED100
Shah (Balkrishna F)Sale at price 24.80 per share.D2020-08-25UNREPORTED300
Shah (Balkrishna F)Sale at price 23.76 per share.D2020-08-21UNREPORTED400
Shah (Balkrishna F)D2020-03-13UNREPORTED300
Shah (Balkrishna F)D2020-02-27UNREPORTED400
Shah (Balkrishna F)D2020-02-24UNREPORTED200
Shah (Balkrishna F)D2020-02-20UNREPORTED100
Shah (Balkrishna F)D2020-02-10UNREPORTED700
Shah (Balkrishna F)D2020-02-07UNREPORTED1.2k
Shah (Balkrishna F)D2020-02-06UNREPORTED300
Shah (Balkrishna F) HUFD2019-09-26UNREPORTED300
Shah (Balkrishna F) HUFD2019-09-25UNREPORTED215
Shah (Balkrishna F) HUFD2019-09-23UNREPORTED1.23k
Shah (Balkrishna F) HUFD2019-09-20UNREPORTED200
Shah (Balkrishna F) HUFD2019-09-18UNREPORTED100
Shah (Balkrishna F) HUFD2019-09-17UNREPORTED209
Shah (Balkrishna F) HUFD2019-08-23UNREPORTED100
Shah (Balkrishna F) HUFD2019-08-22UNREPORTED100
Shah (Balkrishna F) HUFD2019-06-28UNREPORTED400
Shah (Balkrishna F) HUFD2019-06-21UNREPORTED300
Shah (Balkrishna F) HUFD2019-06-20UNREPORTED100
Shah (Balkrishna F) HUFD2019-06-10UNREPORTED100
Shah (Balkrishna F) HUFD2019-06-07UNREPORTED100
Shah (Balkrishna F) HUFD2019-06-03UNREPORTED400
Shah (Balkrishna F) HUFD2019-03-28UNREPORTED200

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to AIA ENGINEERING. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on AIA ENGINEERING

Here is the result of two systematic investment strategies applied to AIA ENGINEERING. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on AIA ENGINEERING

The following chart shows the equity curve of the two systematic investment strategies applied to AIA ENGINEERING:

AIA ENGINEERING automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 4.63% on the backtest period.

Performance at glance

Performance

4.63 %

Latent gain

554.75 ₹

Invested capital

11982.6 ₹

Annualized return

1.1 %
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Momentum strategy results on AIA ENGINEERING

This is the result of two momentum investment strategies applied to AIA ENGINEERING. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on AIA ENGINEERING

The following chart shows all the entries opened by the momentum investment system on AIA ENGINEERING:

AIA ENGINEERING momentum entries
  • The first momentum investment strategy would give 9.89% of return on AIA ENGINEERING. That represents 805.8₹ of latent gain with 8149.45₹ of employed capital.
  • The second momentum investment strategy would give 9.34% of return on AIA ENGINEERING. That represents 765.2₹ of latent gain with 8190.05₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

9.89 %

Latent gain

805.8 ₹

Invested capital

8149.45 ₹

Annualized return

-0.7 %
Performance at glance (2Q Momentum)

Performance

9.34 %

Latent gain

765.2 ₹

Invested capital

8190.05 ₹

Annualized return

2.5 %

Momentum equity curve on AIA ENGINEERING

The following chart shows the equity curve of the two momentum strategies applied to AIA ENGINEERING:

AIA ENGINEERING momentum equity

Note: the dividends potentially given by AIA ENGINEERING are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AIA ENGINEERING

The following chart shows the employed capital evolution of the two momentum strategies on AIA ENGINEERING since the beginning:

AIA ENGINEERING

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on AIA ENGINEERING

Buy the dip entry openings on AIA ENGINEERING

AIA ENGINEERING

The performance achieved by the robo-advisor on AIA ENGINEERING is -1.55%. That represents -28.2$ of latent gain with 1819.25₹ of employed capital. The following chart shows AIA ENGINEERING stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of AIA ENGINEERING, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-1.55 %

Latent gain

-28.2 ₹

Invested capital

1819.25 ₹

Annualized return

-0.7 %

Equity curve of the strategy applied to AIA ENGINEERING

The following chart shows the result of the investment strategy applied to AIA ENGINEERING:

AIA ENGINEERING

Note: the dividends potentially given by AIA ENGINEERING are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AIA ENGINEERING

The following chart shows the employed capital evolution since the beginning of the investment strategy on AIA ENGINEERING:

AIA ENGINEERING

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on AIA ENGINEERING

In this section, I will compare the three previous investment strategies applied to AIA ENGINEERING.

Equity curve comparison on AIA ENGINEERING

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

AIA ENGINEERING investment strategy comparison

Employed capital comparison on AIA ENGINEERING

AIA ENGINEERING investment comparison

Performance comparison on AIA ENGINEERING

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 4.63% 554.75₹ 11982.6₹ 1.1%
Momentum 1 quarter 9.89% 805.8₹ 8149.45₹ 2.48%
Momentum 2 quarters 9.34% 765.2₹ 8190.05₹ 2.5%
Non-directional -1.55% -28.2₹ 1819.25₹ -0.7%
Annualized return comparison

Automatic investment

1.1 %

Momentum 1Q

2.5 %

Momentum 2Q

2.5 %

Non-directional

-0.7 %

Correlated stocks

Here are the most positively and negatively correlated stocks with AIA ENGINEERING:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between AIA ENGINEERING and the other stocks. There may be false positives or some missing correlated stocks. If the price of AIA ENGINEERING does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name AIA ENGINEERING
Country India
City Ahmedabad
Address 11-12, Sigma Corporates
Phone 91 79 6604 7800
Website www.aiaengineering.com
FullTime employees
Industry Specialty Industrial Machinery
Sector Industrials
Exchange XNSE
Ticker AIAENG.XNSE
Market

AIA ENGINEERING ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown