About [ edit ]
Incorporated in 1993, Aeroflex Industries Limited, manufactures and supplies environment-friendly metallic flexible flow solution products.[[1]]
Key Points
Business Profile [1]
Co. is one of the leading Indian manufacturers of metallic flexible flow solutions made with stainless steel used for controlled flow of all forms of substances including Solid, Liquid, and Gas. Incorporated in 1993, co. is part of Sat Industries Limited.
Product Portfolio [2] Braided hoses, unbraided hoses, solar hoses, gas hoses, vacuum hoses, braiding, interlock hoses, hose assemblies, lancing hose assemblies, jacketed hose assemblies, exhaust connectors, exhaust gas recirculation (EGR) tubes, expansion bellows, compensators, and related end fittings. The company has 2388+ SKUs.[3]
Product Mix FY24 [4]
SS Flexible Hoses with & without Braiding – 60%
Assemblies & Fittings – 34%
Composite Hose & Others – 6%
Manufacturing Facilities [5]
Their manufacturing facility is located at Taloja, Navi Mumbai.
Capacities
- SS Flexible Hoses with & without Braiding- 24.5 mn mtrs. as of FY24. Out of this 13.5 mn mtrs were added in FY24. Additional 16.5 mn mtrs will be added by Q3FY25.
- Composite Hoses – As of FY24, 3 Operational lines for manufacturing product sizes of 14 inches. Plan to add 3 more lines for sizes up to 20 inches by Q2 FY25.
- Assembly & Fittings – As of FY24, running 29 welding stations (8 added in FY24).
- Metal Bellows – 3,00,000 pieces.
International Presence [3]
The Company exports its products to 88+ countries including Europe, the USA, etc.
Geographical Revenue Bifurcation FY24 [6]
Exports – 84%
Domestic – 16%
Country-wise split
Europe – 26%
USA – 61%
Asia – 10%
Africa – 2%
Others – 1%
Industry-wise Split
Steel – 24%
Oil and Gas – 16%
Fire Sprinklers – 30%
Metals & Mining – 6%
Chemicals & Petrochem – 16%
Refinery – 8%
Clientelle [7] The Company’s diversified customer base comprises distributors, fabricators, MROs i.e. Maintenance Repair and Operations Companies, Original Equipment Manufacturers (OEMs) and companies operating in a wide range of industries.
R & D [3]
The company has an in-house NABL-accredited lab. It has a team of 14 members.
IPO Details [8]
The company was listed on Aug,23 through its IPO at a premium of Rs. 106.
Acquisition [[9]]
In FY24, the company acquired a 100% stake in Hyd-Air Engineering Private Limited for ~Rs. 17.3 crs. The company is into manufacturing of Hydraulic Fittings, Fluid Connectors & Flanges. Acquisition broadens Aeroflex’s horizons, entering Railways, Shipbuilding, & Heavy Industries.
Focus
The company targets to enter New-Age Industries such as Aerospace, Semiconductor,
Solar connectors EV, robotics, defence, etc.
| Subscribe To Our Free Newsletter |
