Which companies are Aeroflex Industries's closest peers?

The cockpit's peer set: Zhejiang Hongchang Electrical Technology (301008.SZ), Houpu Clean Energy (300471.SZ), JDM Jingda Machine (Ningbo) (603088.SS), RS Technologies (3445.T), Suntar Environmental Technology (688101.SS), Guangdong Kingstrong Technology (300629.SZ), Nissei ASB Machine Co (6284.T), Xinlei Compressor (301317.SZ).

Is Aeroflex Industries expensive compared with its peers?

On forward p/e it trades at 55.2× against a peer median of 16.3×, most expensive of 10 in its peer set.

How has Aeroflex Industries stock performed?

Over six months to 6 Nov 2026 the shares returned +16.7% against -29.4% for the median peer; over one year +169.2%.

← CockpitCompetitor Analysis › AEROFLEX.NS Aeroflex Industries Ltd.Open in the cockpit ↗

Aeroflex Industries Ltd.AEROFLEX.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Industrial Machinery

Momentum strong 73

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$676M

US dollars, full cap

Free float

29%

of shares outstanding

$/day

$35.5M

20-day average traded

Fwd P/E

55.2×

forward earnings

ROIC−WACC

+6.5 pp

WACC 11.7%

Hurdle

n/a

no reverse DCF

Next earnings

83 days

28 Jan 2027

Close · INR₹482.70

1D-10.7%

1W-10.0%

1M-14.4%

3M+10.1%

6M+16.7%

YTD+150.0%

1Y+169.2%

ATR %8.9%

Beta1.29

52w lowhigh21.4% off high

What Aeroflex Industries does

Employees: 607

Aeroflex Industries at a glance

Size Aeroflex Industries (AEROFLEX.NS) is an India Industrials company (Industrial Machinery) with a market value of $676M, the 730th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹482.70 on 6 Nov 2026.

Performance Over six months the shares gained 16.7%, against -29.4% for the median peer and 0.0% for the India market (cap-weighted) — highest of 20 in its peer set.

Growth Revenue grew 55.0% over the last twelve months (peer median +8.6%); the operating margin is 20.0% (peer median 7.4%).

Valuation It trades at 55.2× forward earnings against a peer median of 16.3× (most expensive of 10).

Capital Return on invested capital runs 6.5 points above its cost of capital (11.7% WACC).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Aeroflex Industries against the median of its 20 peers (local-currency closes).

Aeroflex Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹5.99B	₹4.27B	₹3.70B	₹3.18B	₹2.69B
Revenue growth	—	+15%	+16%	+18%	—
Gross profit	₹1.86B	₹874M	₹931M	₹793M	₹670M
EBITDA	₹1.42B	₹864M	₹743M	₹629M	₹533M
Net income	₹895M	₹555M	₹525M	₹417M	₹302M
Free cash flow	n/a	-₹49.0M	-₹749M	₹70.4M	-₹56.7M
Capital expenditure	n/a	₹711M	₹1.05B	₹377M	₹94.6M
Total debt	₹240M	₹88.9M	₹5.83M	₹1.21M	₹450M

Quarterly statements and history in the cockpit →

Aeroflex Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Aeroflex Industries is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Aeroflex Industries is the large dot.

Aeroflex Industries competitors and peer comparison

How Aeroflex Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Aeroflex Industries against its 20 peers (data as of 6 Nov 2026)
Measure	AEROFLEX.NS	Peer median	Rank in peer set
1-month return	-14.4%	-7.5%	6th lowest of 21
6-month return	+16.7%	-29.4%	highest of 20
Distance from 52-week high	-21.4%	-45.3%	highest of 21
Revenue growth (TTM)	+55.0%	+8.6%	2nd highest of 21
Operating margin	20.0%	7.4%	5th highest of 21
Forward P/E	55.2×	16.3×	most expensive of 10
ROIC minus cost of capital	+6.5 pp	-3.1 pp	3rd highest of 21
EV / EBITDA	44.9×	12.1×	most expensive of 6
Net debt / EBITDA	-0.0×	-2.3×	3rd most indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Aeroflex Industries AEROFLEX.NS	India	$676M	+17%	+55%	20%	55.2×	n/a	n/a
Zhejiang Hongchang Electrical Technology 301008.SZ	China	$677M	+9%	+3%	-1%	n/a	n/a	n/a
Houpu Clean Energy 300471.SZ	China	$678M	-20%	+8%	1%	n/a	41.1%	+17.7%
JDM Jingda Machine (Ningbo) 603088.SS	China	$682M	-24%	+13%	13%	10.4×	20.3%	+15.9%
RS Technologies 3445.T	Japan	$671M	-34%	+18%	19%	9.9×	2.8%	+24.6%
Suntar Environmental Technology 688101.SS	China	$670M	-39%	+20%	24%	n/a	0.0%	+11.8%
Guangdong Kingstrong Technology 300629.SZ	China	$669M	-29%	+33%	33%	n/a	19.8%	+4.2%
Nissei ASB Machine Co 6284.T	Japan	$686M	-9%	+9%	26%	11.3×	0.4%	+9.9%
Xinlei Compressor 301317.SZ	China	$687M	-49%	+10%	-16%	51.8×	n/a	n/a
Jiangyin Haida Rubber & Plastic 300320.SZ	China	$687M	-20%	+2%	9%	18.1×	7.9%	+9.7%
Changhong Huayi Compressor 000404.SZ	China	$665M	-23%	-6%	5%	8.8×	-12.1%	+2.4%
Shenyang Blue Silver Industry Automatic Equipment 300293.SZ	China	$662M	-30%	-9%	-13%	n/a	n/a	n/a
Shandong Weida Machinery 002026.SZ	China	$660M	-19%	+2%	9%	16.3×	7.5%	-2.4%
J.S. Corrugating Machinery 000821.SZ	China	$659M	-33%	-32%	1%	16.6×	n/a	n/a
Zhejiang Xinxing Tools 301677.SZ	China	$658M	n/a	+10%	40%	n/a	-1.0%	+9.6%
Shuifa Gas 603318.SS	China	$656M	-45%	-4%	11%	n/a	n/a	n/a
Nanxing Machinery 002757.SZ	China	$697M	-32%	+17%	5%	n/a	4.8%	+9.9%
Luoyang North Glass Technology 002613.SZ	China	$700M	-18%	-18%	-2%	29.7×	7.4%	+8.1%
ZheJiang RIFA Digital Precision Machinery 002520.SZ	China	$700M	+7%	-48%	-137%	n/a	18.1%	-9.3%
Techman Robot 4585.TW	Taiwan	$652M	-40%	+33%	6%	n/a	50.5%	+9.4%
Glotech Industrial 5475.TWO	Taiwan	$652M	-56%	+101%	12%	n/a	n/a	n/a

Questions

Which companies are Aeroflex Industries's closest peers?: The cockpit's peer set: Zhejiang Hongchang Electrical Technology (301008.SZ), Houpu Clean Energy (300471.SZ), JDM Jingda Machine (Ningbo) (603088.SS), RS Technologies (3445.T), Suntar Environmental Technology (688101.SS), Guangdong Kingstrong Technology (300629.SZ), Nissei ASB Machine Co (6284.T), Xinlei Compressor (301317.SZ).
Is Aeroflex Industries expensive compared with its peers?: On forward p/e it trades at 55.2× against a peer median of 16.3×, most expensive of 10 in its peer set.
How has Aeroflex Industries stock performed?: Over six months to 6 Nov 2026 the shares returned +16.7% against -29.4% for the median peer; over one year +169.2%.