AIA Engineering Limited (AIAENG) — Financial Results | 29 May 2026

AIA Engineering reported record profitability for Q4 FY26 with revenue of [amount context mismatch] crores and PAT of ₹393 crores, up sharply from prior periods. Full-year revenue reached ₹4355 crores and PAT ₹1270 crores, driven by currency benefits contributing ₹65 crores to EBITDA and higher castings realization of [amount context mismatch]/kg. The company achieved ₹1270 crores PAT for the full year, reflecting strong operational performance and cost management. Management highlighted strategic progress in integrated solutions for mining, including a breakthrough discharge system adopted at a South American mine, improving throughput and reducing power consumption. Capacity utilization stands at 55%, with potential to scale to 70-75% without new capex. The effective tax rate declined due to INR15 crore refunds and deferred tax asset reversals. Operating margins are expected to stabilize between 24%-26% as product mix shifts toward higher-volume grinding media. The company emphasized long-term potential in South America's 800,000-1,000,000 ton addressable market and denied acquisition plans. Cash reserves total ₹4300 crores, with short-term borrowings reduced to zero.