A future multibagger stock with strong fundamentals. Add it to your watchlist for a call in future. A complete study.

Overview

It is excellent in electronic system design and manufacturing as it is one shop stop for all electronics systems design and manufacturing needs. The company has founded in both USA and India. The company is specialize in Printed Circuit Board Assembly and Complete Box Build Assembly. It offers high -quality , sustainable and cost-effective solutions for complex systems. More prominently both the the electronic design and manufacturing services are streamline for the product development process entirely. It provides both flexibility and scalability to the clients to meet their production demands. The company is now operating from three places in India (Ahmedabad, Bangalore and Vadodara).

Products details

More precisely the company works in various electronics systems design and manufacturing. These are discussed briefly one by one.

a. Product Design & Engineering

The company ensures that by using the expert’s knowledge, advanced technology and tools, and with integrated processes, produces better and different products. The products are useful in various sectors like medical, military, automative, commercial, gaming and alternative energy. The company claims that the design products are quite remarkable.

b. Printed Circuit Board Solutions

It offers comprehensive turnkey PCB assembly services, guiding you from concept through to production and ensuring top-quality, reliable PCBs for a wide range of applications. The PCBs such as Flex PCBs, Rigid Flex PCBs, Single-sided PCBs, Double-sided PCBs, Multilayer PCBs, and Rigid PCBs etc.

c. Electromechanical Assembly solutions for Complex Industry Demands

It offers a wide range of Electromechanical Assembly Services customized for medical, military, automotive, consumer, gaming, alternative energy and commercial industries. Our expertise extends to precision soldering techniques and automated assembly systems, along with the integration of sophisticated robotics in our processes. It also extends skillfully to precision soldering techniques and automated assembly systems, along with the integration of sophisticated robotics.

d. World-Class Wiring Solutions

The cables and wire harnesses are made with high precision, reliability and durability which is useful for medical as well as military applications. These are prepared in such a way that they can sustain their own performance in unfavorable conditions. The cables and wire harnesses also meet the requirements of a range of industries, including automative, consumer, commercial, gaming, and alternative energy.

Name of the Stock and People behind it

The name of the company is Aimtron Electronics Private Ltd. The company completed its IPO successfully and listed its share on the NSE Exchange on 6th June 2024. This is now a SME division.

Mukesh Vasani (Chairman & CEO)

Mukesh Vasani has been the man Aimtron’s growth as a globally trusted leader in electronics design and manufacturing. With over 30 years of experience in contract manufacturing, his commitment to innovation, growth, and social impact has steadily guided Aimtron’s global reach and industry presence.

Nirmal Vasani (Chief Operating Officer)

Nirmal Vasani, with over 12 years of experience in the electronics manufacturing sector, has been pivotal to Aimtron’s global expansion since joining in 2012. As COO, his focus on strategic positioning, operational excellence, and product development has strengthened Aimtron’s global footprint and enhanced its market reach.

Finances and results

Finances

The market cap of the Aimtron Electronics is 1150 cr. The stock is trading in little bit higher PE that is 44.7. It’s current price is Rs. 564 /-. The 52 high and low are 730/- and 240/- respectively. The current book value is 76/-. The ROE and ROCE are 24.9% and 29.2% respectively. The face value of the company is 10. Though company is reporting quarterly profits but still it is not paying any dividend to the share holders.

Results

Half Yearly (in crs.)

The sales of the company rises in such away that it is completely double half-yearly (sales in march 2024-50cr., sale in march 2025-101cr.). Eventually, its operation profit as well as net profit also increases (Operating profit in march 2024-12, Net profit in 2025-7, Operating profit in march 2024-19, Net profit in march 2025-15 respectively). Hence, EPS increases 4.38 (March 2024) to 7.13 (March 2025).

Standalone Profit and Loss (in crs.)

In the last five years i.e from March-2021 to March 2025 the sales are 53 (March 2021), 26 (March 2022), 84 (March 2023), 93 (March 2024) and 158 (March 2025). Eventually, its operation profit as well as net profit are: 20 and 16 (March 2021), -1 and -2 (March 2022), 22 and 12 (March 2023), 24 and 19 (March 2024), and 34 and 26 (March 2025). Hence, EPS are: 229.72 (March 2021), -25.79(March 2022), 41.25 (March 2023), 9.06 (March 2024), 12.61(March 2025).

The borrowing are : 3 (March 2021), 8 (March 2022), 17 (March 2023), 15 (March 2024) and 1 (March 2025) respectively. It seems the company has very less borrowing in last financial year.

Shareholding partern

In September 2024, the Promoter holding was 71.30% whereas in March 2025 the Promoter holding has increased by 0.06% and it becomes 71.36% . The FIIs has decreased by 0.81% and now holding is 1.01% in March 2025 whereas DIIs has increased their holding from 1.47% to 3.54% i,e., around 2.07% and the public holding in March 2025 is 24.09%. The advantage is DIIs are increasing their stakes.