Aaron Industries Reports Highest Ever Turnover of ₹92.01 Crore in FY 2025-26

Aaron Industries Reports Highest Ever Turnover of ₹92.01 Crore in FY 2025-26

Aaron Industries Reports Highest Ever Turnover of ₹92.01 Crore in FY 2025-26​

Aaron Industries Limited announced its provisional and unaudited financial results for the financial year ending March 31, 2026, revealing a record turnover of ₹92.01 Crore. This marks a substantial year-on-year growth of 18.06% compared to the ₹77.93 Crore turnover reported in FY 2024-25.

The company's performance reflects the strength of its diversified business model. The financial summary for the provisional and unaudited figures is detailed below:

ParticularsFY 2025-26 (Rs. In Crore)FY 2024-25 (Rs. In Crore)YoY Growth
Total Turnover92.0177.93+18.06%
Elevator Division68.9562.00+11.21%
Stainless Steel Polishing Division23.0515.93+44.74%

Quarterly Highlights​

The company also reported solid figures for the fourth quarter of FY 2025-26. Total revenue reached ₹27.32 Crore in Q4FY26, up from ₹24.11 Crore in Q4FY25, indicating a healthy year-on-year growth of 13.31%.

The performance across the two main segments for the final quarter is as follows:

ParticularsQ4FY26 (Rs. In Crore)Q4FY25 (Rs. In Crore)YoY Growth
Total Revenue27.3224.11+13.31%
Elevator Division19.0117.52+8.54%
Stainless Steel Polishing Division8.316.60+25.97%

Divisional Performance Analysis​

The Elevator Division, identified as the core business segment, reported a full year revenue of ₹92.01 Crore for FY 2025-26, up from ₹77.93 Crore in FY 2024-25, marking an 18.06% year-on-year increase. For Q4FY26, the division recorded revenue of ₹19.01 Crore against ₹17.52 Crore in Q4FY25, showing an 8.54% YoY growth. This growth is attributed to continued strong demand for elevator solutions across residential, commercial, and infrastructure projects.

The Stainless Steel Polishing Division posted a full year revenue of ₹23.05 Crore for FY 2025-26, compared to ₹15.93 Crore in FY 2024-25, achieving an impressive 44.74% year-on-year growth. The division's Q4FY26 revenue stood at ₹8.31 Crore, an increase from ₹6.60 Crore in Q4FY25, reflecting 25.97% YoY growth. Management noted that the strong divisional performance was supported by smooth operations of the embossing machine, enabling enhanced capacity utilization.

Operational Resilience​

Aaron Industries Limited stated that its operations and supply chain remain largely unaffected by the conflict in the West Asian region. The company sources the majority of its raw materials from the domestic market, which reduces its exposure to international supply disruptions and currency volatility related to geopolitical situations.

Mr. Amar Chinubhai Doshi, Chairman & Managing Director, commented on the results, stating that the achievement of ₹92.01 Crore in turnover marks a historic milestone. He credited the strong double-digit growth across both divisions to the workforce's dedication, customer trust, and the business model's resilience.

Aaron Industries Limited provides end-to-end elevator solutions, including the design and manufacturing of elevator cabins, automatic door systems, and cabin safety frames. The company also operates a stainless steel sheet polishing division, which supports its backward integration strategy by providing polished stainless steel for elevator doors and cabins.

AARON Stock Price Movement​

Shares of Aaron Industries Limited are edging higher to ₹149 as of 2:32 PM today, gaining 2.50%. The stock finds support between ₹147 and ₹152 in live trading, backed by 14,496 shares changing hands.

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