Aartech Solonics Ltd. (AARTECH) AI Stock Analysis

• Market Cap: ₹1.30B
• Dividend Yield: 0.26%
• Average Volume (3M): 9.85K
• Price to Earnings (P/E): 63.1
• Beta (1Y): 0.89
• Revenue Growth: 9.12%
• EPS Growth: 22.53%
• Country: IN
• Employees: 73
• Sector: Technology
• Sector Strength: 88
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.19
• Shares Outstanding: 31,770,374
• 10 Day Avg. Volume: 14,005
• 30 Day Avg. Volume: 9,852
• PEG Ratio: 0.53
• Price to Book (P/B): 5.12
• Price to Sales (P/S): 4.43
• P/FCF Ratio: -80.03
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ₹42.00 ▼(-21.01% Downside)
• Action: Reiterated Date: 04/01/26
• Date: Action: Reiterated 04/01/26

The score is primarily supported by revenue growth and a strong, low-debt balance sheet, but is weighed down by negative operating/free cash flow and operational margin weakness. The technical setup remains weak with the stock below major moving averages and bearish momentum, while a high P/E and low dividend yield further limit the overall attractiveness.

Positive Factors

Balance-sheet strength

A low debt-to-equity ratio (0.18) and healthy equity base provide durable financial flexibility for bidding and executing capital-intensive EPC projects, reducing refinancing risk and enabling the company to absorb working-capital swings common in industrial contracts.

Negative Factors

Negative operating & free cash flow

Persistent negative operating and free cash flows reduce internal funding for projects and capex, increasing reliance on external financing or non-operational receipts; this undermines liquidity resilience and can constrain growth or bid competitiveness in the project business.

Aartech Solonics Ltd. Business Overview & Revenue Model

Company Description

Aartech Solonics Ltd. is a system solution R&D enterprise, which engages in the provision of specialized and selected energy appliances. Its products include BTS 2000 fast bus transfer system, FaraDigm, control relay panel, load checkers, and wedg...

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Aartech Solonics Ltd. is a system solution R&D enterprise, which engages in the provision of specialized and selected energy appliances. Its products include BTS 2000 fast bus transfer system, FaraDigm, control relay panel, load checkers, and wedg...

How the Company Makes Money

AARTECH primarily makes money by selling engineered electrical power-system solutions and executing related project work for customers that need power distribution, protection, and control systems. Key revenue streams typically include: (1) Sale o...

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AARTECH primarily makes money by selling engineered electrical power-system solutions and executing related project work for customers that need power distribution, protection, and control systems. Key revenue streams typically include: (1) Sale o...

Aartech Solonics Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	363.74M	363.52M	327.44M	216.88M	163.36M	109.59M
Gross Profit	205.21M	186.65M	113.02M	89.81M	74.34M	46.60M
EBITDA	65.23M	-2.14M	33.65M	26.71M	38.96M	9.92M
Net Income	32.99M	27.30M	13.15M	14.22M	27.98M	2.58M
Balance Sheet
Total Assets	457.38M	428.09M	411.22M	368.44M	320.52M	286.52M
Cash, Cash Equivalents and Short-Term Investments	138.15M	140.80M	113.70M	73.72M	93.54M	73.76M
Total Debt	54.04M	56.38M	42.00M	27.80M	7.99M	11.07M
Total Liabilities	119.06M	113.15M	115.83M	79.84M	47.58M	37.27M
Stockholders Equity	338.44M	314.56M	295.35M	288.73M	280.25M	250.00M
Cash Flow
Free Cash Flow	2.37M	-20.12M	8.53M	-53.47M	16.58M	-17.25M
Operating Cash Flow	2.60M	-15.22M	14.92M	-48.23M	16.58M	-16.13M
Investing Cash Flow	3.07M	12.75M	-9.30M	38.44M	-12.71M	22.80M
Financing Cash Flow	-3.80M	2.83M	4.03M	11.70M	-2.31M	-3.89M

Aartech Solonics Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 53.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AARTECH, the sentiment is Negative. The current price of 53.17 is above the 20-day moving average (MA) of 41.99, above the 50-day MA of 43.88, and below the 200-day MA of 53.97, indicating a bearish trend. The MACD of -0.44 indicates Negative momentum. The RSI at 47.14 is Neutral, neither overbought nor oversold. The STOCH value of 64.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AARTECH.

Aartech Solonics Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTENTECH	67 Neutral	₹2.44B	28.04	―	0.84%	-10.39%	-52.44%
DRCSYSTEMS	66 Neutral	₹2.37B	11.60	―	―	20.62%	1.68%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AARTECH	54 Neutral	₹1.30B	63.14	―	0.26%	9.12%	22.53%
DEVIT	54 Neutral	₹1.77B	-6.20	―	0.49%	30.15%	330.45%
RSSOFTWARE	40 Underperform	₹798.18M	-3.84	―	0.46%	-52.09%	-142.64%