NSEPress Release1d ago · 30 Oct 2026, 11:44 am
Press Release
Aaron Industries Limited · AARON
✦ AI Summary▲ PositiveResults
Aaron Industries Limited has announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026, reporting a 21.93% year-on-year increase in revenue from operations and a 32.83% year-on-year increase in EBITDA.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Aaron Industries Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Financial Highlights Quarter and Half Year Ended September 30, 2026".
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October 30, 2026
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai - 400051
Symbol: AARON
Subject: Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”), a copy of the Press Release is enclosed herewith
titled “Financial Highlights – Quarter and Half Year Ended September 30, 2026.”
The above information will also be hosted on the website of the Company i.e.
www.aaronindustries.net.
This is for your information and records.
Thanking You.
Yours faithfully,
For Aaron Industries Limited
Nitinkumar Maniya
Company Secretary and Compliance Officer
Encl: As above
Press Release
“Financial Highlights – Quarter and Half Year Ended September 30, 2026”
Surat, October 30, 2026: Aaron Industries Limited (NSE:AARON), today announced its Unaudited Standalone
Financial Results for the quarter and half year ended September 30, 2026. The Company continued its growth
momentum during the quarter, registering healthy growth in revenue and profitability, supported by
contributions from both its Elevator Division and Stainless Steel Polishing Division.
Key Financial Highlights
(₹ in Crore)
Particulars Q2FY27 Q1FY27 Q2FY26 QoQ % YoY % H1FY27 H1FY26 YoY %
Revenue from
27.12 24.44 22.24 +10.98% +21.93% 51.56 41.48 +24.29%
Operations
Total Income 27.17 24.49 22.30 +10.94% +21.85% 51.66 41.58 +24.23%
EBITDA 5.47 4.99 4.18 +9.81% +31.05% 10.46 7.88 +32.83%
EBITDA Margin (%) 20.01% 20.19% 18.54% (18 bps) +147 bps 20.10% 18.75% +135 bps
EBIT 4.46 3.98 3.19 +11.92% +39.72% 8.44 5.94 +41.94%
Profit Before Tax (PBT) 3.86 3.46 2.49 +11.53% +54.72% 7.32 4.57 +60.12%
PAT 2.88 2.56 1.39 +12.40% +106.48% 5.44 2.45 +121.78%
PAT Margin (%) 10.60% 10.46% 6.27% +14 bps +433 bps 10.54% 5.90% +464 bps
* EBITDA Margin and PAT Margin % change shown in basis points (bps).
Segment-Wise Performance
(₹ in Crore)
Particulars Q2FY27 Q1FY27 Q2FY26 QoQ % YoY % H1FY27 H1FY26 YoY %
Elevator Division 19.06 19.86 17.52 (4.03%) +8.75% 38.92 34.03 +14.34%
Stainless Steel
8.06 4.58 4.72 +76.05% +70.90% 12.64 7.45 +69.72%
Polishing Division
Management Commentary
"We are pleased to report a strong performance during the second quarter and the first half of FY27. The Company
has maintained its growth momentum, with revenue from operations increasing by 21.93% in Q2FY27 and
24.29% in H1FY27 on a year-on-year basis. More importantly, the improvement in EBITDA and profitability
reflects the progress being made in strengthening our operational performance.
Both our business divisions have contributed to the overall growth. While the Elevator Division continues to
expand its business across various elevator components, our Stainless Steel Polishing Division has recorded
particularly encouraging growth during the first half of the year. Our integrated manufacturing capabilities and
diversified product portfolio remain important strengths of the business.
We remain focused on improving capacity utilisation, strengthening our distribution network, expanding our
customer base and enhancing our product offerings. With the investments made in manufacturing infrastructure
and capacity expansion, we are working towards leveraging our installed capacities and improving operational
efficiencies.
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We remain confident about the long-term growth opportunities in the elevator industry and the stainless steel
processing segment. Our focus will continue to be on sustainable growth, operational excellence and creating
long-term value for our shareholders."
Outlook
Aaron Industries Limited remains focused on leveraging its expanded manufacturing infrastructure, improving
capacity utilisation and strengthening its market presence across both business divisions.
The Company intends to continue investing in product development, distribution network expansion and
operational efficiencies, while capitalising on emerging opportunities in the elevator components, EVOQ360
home lift and stainless steel processing markets.
With a diversified product portfolio, integrated manufacturing capabilities and an expanding customer and
distribution network, the Company remains committed to delivering sustainable business growth and enhancing
shareholder value.
About Aaron Industries Limited
Aaron Industries Limited is a trusted name in the elevator industry, offering a comprehensive range of high-
quality elevator products, components, EVOQ360 Home Lifts, and stainless steel polishing services. The
Company specializes in end-to-end elevator solutions, designing and manufacturing elevator cabins, automatic
door systems, and cabin safety frames that seamlessly blend functionality with artistic elegance for residential
and commercial projects. To enhance its supply chain efficiency and ensure in-house quality control, Aaron
Industries established a state-of-the-art stainless steel sheet polishing division, which plays a key role in its
backward integration strategy by providing polished stainless steel for elevator doors and cabins. With a strong
commitment to innovation, quality, and customer satisfaction, the Company continues to expand its footprint
across India, solidifying its position as a leader in elevator solutions and stainless steel processing.
For more details, please visit www.aaronindustries.net.
For any Investor related query, please contact our IR team:
Finportal Investments Private Limited
Email: ir@finportalin.com / ir@aaronindustries.net
M.No.: +91 89051 81853, +91 80006 85556
Safe Harbour Statement
This press release contains certain forward-looking statements based on current expectations and market
conditions. Such forward-looking statements are subject to certain risks and uncertainties like regulatory
changes, local political or economic developments, and many other factors that could cause our actual results
to differ materially from those contemplated by the relevant forward-looking statements. Further, past
performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors,
viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not
be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly
update these forward-looking statements to reflect subsequent events or circumstances.
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