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AIIL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.4

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 3.4

Stock Code AIIL Market Cap 41,145 Cr. Current Price 485 ₹ High / Low 684 ₹
Stock P/E 11.3 Book Value 191 ₹ Dividend Yield 0.04 % ROCE 30.8 %
ROE 34.1 % Face Value 1.00 ₹ DMA 50 503 ₹ DMA 200 517 ₹
Chg in FII Hold 0.37 % Chg in DII Hold -0.07 % PAT Qtr 168 Cr. PAT Prev Qtr 765 Cr.
RSI 51.1 MACD -12.0 Volume 5,65,865 Avg Vol 1Wk 15,74,848
Low price 271 ₹ High price 684 ₹ PEG Ratio 0.13 Debt to equity 0.17
52w Index 51.8 % Qtr Profit Var -69.2 % EPS 42.9 ₹ Industry PE 17.2

📊 Financial Overview

  • Revenue & Profitability: PAT dropped sharply from 765 Cr. to 168 Cr. (-69.2%), showing significant volatility.
  • Margins & Returns: Strong ROCE (30.8%) and ROE (34.1%) highlight excellent efficiency and shareholder returns.
  • Debt: Debt-to-equity ratio at 0.17, manageable leverage.
  • Cash Flow: EPS at 42.9 ₹, supported by strong operational efficiency despite profit decline.

💹 Valuation Metrics

  • P/E Ratio: 11.3 vs Industry PE of 17.2 → Undervalued.
  • P/B Ratio: Current Price ₹485 vs Book Value ₹191 → Reasonable valuation.
  • PEG Ratio: 0.13 → Attractive, suggesting undervaluation relative to growth potential.
  • Intrinsic Value: Current price below fair value zone, offering upside potential.

🏢 Business Model & Competitive Advantage

  • Strong positioning in industrial and infrastructure-related businesses.
  • High efficiency metrics (ROCE, ROE) provide competitive edge.
  • However, earnings volatility raises concerns about consistency.

📈 Entry Zone Recommendation

  • Technicals: RSI at 51.1 (neutral), MACD negative, price below 50DMA & 200DMA.
  • Suggested entry zone: ₹400–₹450 for accumulation.
  • Long-term holding viable given undervaluation, but earnings stability is key.


✅ Positive

  • Strong ROCE (30.8%) and ROE (34.1%).
  • Low P/E ratio compared to industry, indicating undervaluation.
  • PEG ratio (0.13) suggests attractive growth-adjusted valuation.

⚠️ Limitation

  • Quarterly profit decline (-69.2%).
  • Dividend yield very low (0.04%).
  • Volatility in earnings raises sustainability concerns.

📉 Company Negative News

  • Sharp decline in quarterly profits.
  • DII holding reduced (-0.07%).

📈 Company Positive News

  • FII holding increased (+0.37%).
  • Valuation metrics suggest undervaluation relative to peers.

🏭 Industry

  • Industry PE at 17.2, higher than company’s 11.3.
  • Sector growth steady, company trades at discount to peers.

🔎 Conclusion

  • AIIL shows strong efficiency metrics and undervaluation compared to industry peers.
  • However, sharp profit decline raises concerns about earnings consistency.
  • Best strategy: Accumulate in the ₹400–₹450 zone.
  • Long-term holding viable if profitability stabilizes and growth sustains.

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