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A
AIA Engineering Ltd Castings, Forgings & Fastners
₹ 3,195.30 +12.10 (0.38%)
  • NSE
  • BSE

Overview

  • BSE Code 532683
  • NSE Symbol AIAENG
  • ISIN Demat INE212H01026
  • Book Value (₹) 711.02
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 31,773.70
  • P/E (TTM) 31.11
  • EPS (TTM) 108.30
  • Div Yield (%) 0.47

Performance

Today’s Low 3,171.70
Today’s High 3,222.00

3,195.30
52W Low 3,027.20
52W High 4,949.95

3,195.30
Open 3,183.20
Prev. Close 3,183.20
Volume 23,710.00

Corporate Actions

AIA Engineering Limited - Updates
Apr 22, 2025

AIA Engineering Limited has informed the Exchange regarding change in contact details of MUFG Intime India Private Limited, Registrar and Transfer Agent of the Company.

About AIA Engineering Ltd

Journey of AIA Engineering Limited

Incorporated in 1991, AIA Engineering Limited is involved in the manufacturing of metal and metal products.  In 1978, the company started as Ahmedabad Induction Alloys Private Limited. In 1979, they started operations and produced wear parts for power and cement plants. In 1991, Ahmedabad Induction Alloys Private Limited was amalgamated with AIA. In 2003, the company established a wholly-owned subsidiary, Vega ME (Middle East), as a Wholly-Owned Subsidiary, which started operations in the Middle East. In 2005, the company went public and got listed on the exchanges.  In 2011, the company established a new plant for mining liners and vertical mill parts. In 2017, AIA Engineering started Phase 1 of the Kerala Gujarat Industrial Development Corporation(GIDC), which is a greenfield facility near Ahmedabad for grinding media production. In 2019, the Kerala GIDC’s plant capacity was expanded by 50,000 Metric Tons Per Annum (MTPA). In the same year, the company installed 8 wind turbines of 2.1 Mega Watt each. In 2022, the company installed another 2 wind turbines for a total of 5.4 MW. In 2023, the company expanded the castings capacity to 50,000 MT in their Kerala GIDC plant.   As of March 2023, the company has 6 manufacturing plants with a total manufacturing capacity of 4,40,000 Tons Per Annum (TPA). They serve over 120 countries worldwide, including the USA, the UK, Australia, etc. The company has extensive experience in metallurgy, component design and grinding applications. This enables it to manufacture superior-quality parts for vertical mills, tube mills, pulverisers, and many more.

Business Segments of AIA Engineering Limited

The primary solutions offered by the company are as follows:
  • Cement:Under this segment, the organization manufactures wear parts for cement plants, tube mills and vertical mills.
  • Mining:The organization core priorityes on providing durable wear components with extended lifespans that reduce operating costs.
  • Thermal:For thermal plants, the organization produces cost-effective improvised shell liners and grinders.
  • Quarry:In this, the organization produces improved wear machinery components used for extraction. This machinery can help increase productivity and profitability.
As of March 31, 2023, some of the subsidiaries of AIA Engineering Limited are as follows:
  • AIA CSR Foundation:This is a wholly-owned subsidiary of the organization that carries out the organization's CSR activities.
  • Vega Industries (Middle East) FZC (Vega ME):This wholly-owned subsidiary of the organization carries out the organization's operations in the Middle East.
  • Welcast Steels Limited:This subsidiary manufactures grinding media of different grades for AIA Engineering Limited. AIA Engineering Limited holds a stake of 74.85% in this organization.

Key Personalities of AIA Engineering Limited

Bhadresh Shah, Managing Director and Promoter Bhadresh Shah is the Managing Director of AIA Engineering Limited. He has extensive technical knowledge and experience in various fields, such as finance, production and technical administration. He core priorityes on new product development, process improvements, quality, and compliance with international manufacturing standards.
Founded: 1991
Chairman: Rajendra S Shah
Managing Director: Bhadresh K Shah
Address: 115 GVMM Estate, Odhav Road, Ahmedabad, Gujarat, 382410,
HO Tel: +91-79-66047800