Want to see IN:AIROLAM full AI Analyst Report?
Top Page
Airo Lam Ltd.
(AIROLAM)
Select Model
Select Model
Rating:63Neutral
Price Target:
₹109.00
▲(9.32% Upside)
Action:Reiterated
Date:06/25/26
The score is driven primarily by mixed financial fundamentals: improving revenue and a 2026 cash-flow rebound are offset by elevated leverage and multi-year volatility in margins and free cash flow. Technicals are a meaningful positive, with the stock in a clear uptrend and momentum indicators supportive. Valuation is middling at ~23.8x earnings, offering limited cushion given the underlying variability.
Positive Factors
Consistent revenue growth
Sustained top-line growth across multiple years supports scale advantages, steadier factory utilization and broader distribution reach. A constructive revenue trend enhances the company's ability to invest in new designs, absorb fixed costs and improve unit economics over a multi‑quarter to multi‑year horizon.
Negative Factors
Elevated leverage
High and rising leverage increases vulnerability to cyclical downturns and margin shocks. With debt above equity, interest and principal obligations constrain reinvestment and raise refinancing risk, making durable recovery dependent on sustained earnings and cash‑flow improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Sustained top-line growth across multiple years supports scale advantages, steadier factory utilization and broader distribution reach. A constructive revenue trend enhances the company's ability to invest in new designs, absorb fixed costs and improve unit economics over a multi‑quarter to multi‑year horizon.
Read all positive factors
Airo Lam Ltd. (AIROLAM) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.34B
Dividend YieldN/A
Average Volume (3M)5.52K
Price to Earnings (P/E)24.8
Beta (1Y)0.61
Revenue Growth13.53%
EPS Growth101.58%
CountryIN
Employees314
SectorGeneral
Sector StrengthN/A
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)3.59
Shares Outstanding15,000,000
10 Day Avg. Volume5,581
30 Day Avg. Volume5,518
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)1.66
Price to Sales (P/S)0.54
P/FCF Ratio16.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Airo Lam Ltd. Business Overview & Revenue Model
Company Description
Airo Lam Limited engages in the production, processing, and marketing of decorative laminate sheets and plywood boards in India. The company offers decorative laminates, decorative postforming, I Lam, I lite, color code laminates, and classico pro...
How the Company Makes Money
AIROLAM primarily makes money by manufacturing and selling decorative laminates and related surface products to B2B customers (e.g., distributors/stockists, dealers/retail channels, furniture manufacturers, and interior contractors) and, where app...
Airo Lam Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
55
Neutral
Cash Flow
48
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.43B | 2.14B | 2.06B | 1.99B | 1.69B |
| Gross Profit | 618.97M | 571.49M | 588.58M | 670.01M | 556.30M |
| EBITDA | 193.59M | 160.99M | 200.09M | 172.86M | 152.49M |
| Net Income | 55.13M | 27.03M | 78.43M | 73.95M | 64.87M |
Balance Sheet | |||||
| Total Assets | 2.26B | 2.16B | 1.92B | 1.62B | 1.59B |
| Cash, Cash Equivalents and Short-Term Investments | 18.94M | 21.82M | 17.80M | 25.59M | 45.52M |
| Total Debt | 822.85M | 902.84M | 794.25M | 632.04M | 505.69M |
| Total Liabilities | 1.49B | 1.44B | 1.22B | 981.56M | 1.03B |
| Stockholders Equity | 785.76M | 733.10M | 704.69M | 640.13M | 562.42M |
Cash Flow | |||||
| Free Cash Flow | 79.96M | -110.28M | -132.24M | 68.29M | -97.19M |
| Operating Cash Flow | 107.15M | 66.51M | -5.58M | 86.57M | -68.05M |
| Investing Cash Flow | -27.51M | -175.21M | -126.70M | -48.88M | -31.55M |
| Financing Cash Flow | -80.00M | 36.28M | 109.98M | 84.40M | 97.36M |
Airo Lam Ltd. Technical Analysis
Neutral
99.71
Price Trends
86.55
Positive
87.22
Positive
94.75
Negative
Market Momentum
1.26
Positive
49.60
Neutral
8.69
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AIROLAM, the sentiment is Neutral. The current price of 99.71 is above the 20-day moving average (MA) of 90.55, above the 50-day MA of 86.55, and above the 200-day MA of 94.75, indicating a neutral trend. The MACD of 1.26 indicates Positive momentum. The RSI at 49.60 is Neutral, neither overbought nor oversold. The STOCH value of 8.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:AIROLAM.
Airo Lam Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹4.82B | 11.88 | ― | 0.52% | 13.99% | 228.38% | |
68 Neutral | ₹1.82B | 16.78 | ― | 1.64% | 8.63% | 119.27% | |
63 Neutral | ₹1.34B | 24.81 | ― | ― | 13.53% | 101.58% | |
63 Neutral | ₹1.67B | 9.78 | ― | ― | 0.74% | 148.60% | |
57 Neutral | ₹4.28B | 13.50 | ― | ― | 5.42% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹2.73B | 29.35 | ― | 0.46% | -25.39% | -37.39% |
* General Sector Average
IN:AIROLAM
Airo Lam Ltd.
89.05
-27.61
-23.67%
IN:KANPRPLA
Kanpur Plastipack Limited
197.10
-1.85
-0.93%
IN:KOTHARIPRO
Kothari Products Limited.
71.72
-14.35
-16.67%
IN:RPPL
Rajshree Polypack Ltd.
22.79
-3.94
-14.74%
IN:SAKUMA
Sakuma Exports Limited
1.74
-1.18
-40.41%
IN:TAINWALCHM
Tainwala Chemicals & Plastics (India) Ltd
193.95
-4.51
-2.27%
Airo Lam Ltd. Corporate Events
Airo Lam Publishes FY26 Audited Results in Newspapers, Notifies NSE
May 28, 2026
Airo Lam Limited has published its standalone and consolidated audited financial results for the year ended March 31, 2026 in Business Standard (English) and Jaihind (Gujarati), in compliance with Regulation 33 of SEBI’s Listing Obligations ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.