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Taneja Aerospace & Aviation Ltd (TANAA) · mywealthgrid

About

Taneja Aerospace & Aviation operates in India's aerospace and defense sector, a small-cap company (₹787.57 Cr market cap) with highly profitable operations. The company's positioning and customer base are not specified in available data; a researcher should verify its role in Indian defense programs and commercial aerospace supply chains.

Face value: ₹5

Market cap

₹827 Cr

P/E

45.7×

P/B

5.3×

Dividend yield

0.8%

ROE

11.3%

ROCE

14.5%

Debt / equity

—

OPM

51%

EPS (TTM)

₹7.1

Book value

₹60.6

52-week high

₹395.6

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue swings dramatically quarter-to-quarter (₹5.94–₹11.25 Cr range) without visibility into underlying drivers—suggests concentrated customer base or lumpy order flow; verify customer concentration and contract pipeline
Valuation stretched at PE 43.56 with no clear growth visibility to justify the multiple against declining 1-year return of –26.92%
Operating margin volatility (21.02% to 51.19% across recent quarters) indicates operations sensitive to mix, scale or utilization; verify what drives these swings
Very small scale in a capital-intensive sector with no institutional ownership (0% FII, 0.09% DII); verify competitive positioning versus larger peers

Generated analysis · source review pending

Growth drivers

High operating margin of 50.95% provides reinvestment buffer, but verify whether the company is deploying retained earnings into capacity or R&D
No debt (D/E n/a) creates borrowing capacity for capex, but no capex spending or expansion plans visible in data—verify if management plans to leverage this
Small standalone scale creates potential for growth through new customer wins or existing customer expansion, but verify order book and near-term revenue visibility
Indian aerospace sector's localization push creates opportunity for domestic suppliers, but verify the company's specific programs, customer commitments and their timing

Generated analysis · source review pending

₹324.2-13%1Y

Beta

1.7

Amplifies index moves

Volatility (1y)

55.7%

Annualised, daily returns

RSI (14)

66.9

Neither overbought nor oversold

Rel. strength (1y)

-22.7%

Behind the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+Healthy operating margin of 51%
+Profit CAGR of 22% over the last 5 years
+Comfortable interest coverage of 44.6×
+Dividend payout of 35.3% of profit

Cons

−Modest revenue growth of 3.1% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

45/100

Business quality: 64
Growth: 41
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Bharat Dynamics LimitedBDLBDL	₹39,882 Cr	₹39,882 Cr	₹2,766 Cr	₹352 Cr	9.2%	₹521 Cr	17.2%	7.5%	10.2%	598
Garden Reach Shipbuilders & Engineers LimitedGRSEGRSE	₹24,193 Cr	₹24,193 Cr	₹7,507 Cr	₹833 Cr	11.4%	₹801 Cr	10.7%	41%	31.8%	205
Data Patterns (India) LimitedDATAPATTNSDATAPATTNS	₹23,807 Cr	₹23,807 Cr	₹941 Cr	₹373 Cr	40.4%	₹268 Cr	29.3%	22.6%	16.7%	499
Sigma Advanced Systems LimitedSIGMAADVSIGMAADV	₹18,975 Cr	₹19,275 Cr	₹843 Cr	₹121 Cr	9.7%	₹163 Cr	54.5%	73.1%	87.6%	271
Aequs LimitedAEQUSAEQUS	₹18,448 Cr	₹18,851 Cr	₹1,230 Cr	₹89 Cr	7.2%	₹-113 Cr	-9.2%	1.1%	-10.3%	259
Astra Microwave Products LimitedASTRAMICROASTRAMICRO	₹15,417 Cr	₹15,704 Cr	₹1,140 Cr	₹326 Cr	28.7%	₹189 Cr	16.6%	23.1%	16%	537
Apollo Micro Systems LimitedAPOLLOAPOLLO	₹14,558 Cr	₹15,091 Cr	₹1,022 Cr	₹231 Cr	24.1%	₹122 Cr	11.9%	18.2%	11.8%	443
Zen Technologies LimitedZENTECZENTEC	₹14,232 Cr	₹14,236 Cr	₹671 Cr	₹221 Cr	36%	₹186 Cr	31.7%	16.3%	10.8%	425
Paras Defence And Space Technologies LimitedPARASPARAS	₹10,285 Cr	₹10,311 Cr	₹511 Cr	₹130 Cr	25.3%	₹94 Cr	18.8%	16.9%	12.9%	435
Axiscades Technologies LimitedAXISCADESAXISCADES	₹9,806 Cr	₹10,082 Cr	₹1,099 Cr	₹152 Cr	15.3%	₹36 Cr	6.2%	17.7%	10.4%	31
Unimech Aerospace And Manufacturing LimitedUNIMECHUNIMECH	₹9,025 Cr	₹9,137 Cr	₹285 Cr	₹95 Cr	31.2%	₹72 Cr	26.3%	12.8%	9%	137
Mishra Dhatu Nigam LimitedMIDHANIMIDHANI	₹8,121 Cr	₹8,405 Cr	₹1,278 Cr	₹240 Cr	19.7%	₹135 Cr	10.9%	9.1%	8.9%	1,022

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	32	35	31	32	30	41	40
COGS	0	3	1	0	0	0	2
Gross profit	—	32	30	—	—	—	38
	18	17	14	13	11	15	17
Operating profit (EBITDA)	14	15	16	19	19	26	20
OPM %	42.3%	42.4%	51.9%	58.6%	63.2%	63.6%	51%
Depreciation	4	4	3	3	4	4	—
Interest	4	3	1	1	0	0	1
	0	0	-4	1	1	2	3
Profit before tax	6	8	8	16	16	23	23
Tax	—	2	3	5	4	5	6
Tax %	—	24.8%	32.2%	31.2%	28.2%	22.9%	25.3%
	6	6	5	11	11	18	17
PAT margin %	18.1%	18%	17.5%	34.5%	36.7%	44.5%	41.9%
EPS (₹)	—	2.5	2.2	4.4	4.5	7.1	6.6
EPS adjusted (₹)	2.3	2.5	2.2	4.4	4.4	7.1	6.6
	—	0%	22.8%	90.7%	89.9%	35.3%	—
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	12	12	12	12	12	12	13	13	13
Reserves	74	75	86	92	96	97	118	130	142
	34	28	13	8	3	0	0	0	—
	49	32	21	14	14	16	17	17	20
Total equity & liabilities	170	147	133	126	125	125	147	159	175
	110	108	104	101	92	96	101	99	97
CWIP	0	0	—	0	4	2	0	0	—
Investments	—	—	1	11	10	9	29	38	47
	60	39	28	15	20	18	17	22	31
Total assets	170	147	133	126	125	125	147	159	175

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	91.8%	97.3%	—	—	—	94.4%
EBITDA margin %	42.3%	42.4%	51.9%	58.6%	63.2%	63.6%	51%
EBIT margin %	30%	30.5%	41.6%	49.3%	51%	54.9%	50.9%
PAT margin %	18.1%	18%	17.5%	34.5%	36.7%	44.5%	41.9%
Working capital
Receivable days	71	91	83	66	102	38	40
Inventory days	23	9	0	0	0	14	150
Payable days	30	249	821	41	39	19	80
NWC days	64	-149	-738	25	62	33	110
Leverage
Current ratio	1.02	1.16	1.26	3.11	2.89	3.84	7.72
Debt to EBITDA	0.97	0.57	0.19	0	0	0	—
Debt to equity	0.13	0.08	0.03	0	0	0	—
Interest coverage	2.6	4.2	14.6	25.9	33.3	56.8	44.6
Asset turnover	0.24	0.27	0.25	0.25	0.21	0.25	0.23
Return ratios
Return on assets %	4.4%	4.9%	4.4%	8.8%	7.6%	11.3%	9.6%
Return on capital employed %	8.6%	9.4%	12%	14.5%	12.2%	16.2%	14.5%
Return on equity %	5.9%	5.9%	5%	10%	8.5%	12.7%	10.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	51.23%	51.23%	52.3%	52.2%	52.2%	52.2%	52.02%	52.03%	52.03%	52.03%	52.03%	52.03%
FII	0%	0.17%	0.16%	0.02%	0.02%	0.02%	0.02%	0.02%	0%	0%	0%	0%
	0%	0.2%	0.2%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	48.77%	48.4%	47.34%	47.69%	47.69%	47.69%	47.87%	47.86%	47.88%	47.88%	47.88%	47.88%
No. of shareholders	—	—	—	—	—	—	—	—	40,714	39,992	39,933	39,886

Promoter holding up 0.8 percentage points since Sep 2023.

Ms. Deepa MathurNon-Executive - Independent Director-Chairperson
Mr. Muralidhar Chitteti ReddyNon-Executive - Non Independent Director
Mr. Anil Kumar SahuNon-Executive - Independent Director
Mrs. Rahael Shobhana JosephExecutive Director
Mr. Salil TanejaNon-Executive - Non Independent Director
Mr. Rakesh DudaExecutive Director
Mr. K. Durga RaoChief Operating Officer
Ms. Ashwini NavareCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Taneja Aerospace & Aviation Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

8

Interim dividend20 Feb 2026 · ex-date₹2.5
Interim dividend14 Feb 2025 · ex-date₹1.5
Interim dividend19 Nov 2024 · ex-date₹1
Interim dividend13 Nov 2023 · ex-date₹1.5
Interim dividend8 Aug 2023 · ex-date₹2.5
Interim dividend2 Feb 2023 · ex-date₹2
Interim dividend19 May 2022 · ex-date₹2
Interim dividend2 Mar 2022 · ex-date₹0.5

1

Board meeting to consider results5 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

12 May 2026, 4:50 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

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Date	Category	Subject	Filing
12 May 2026, 4:50 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
12 May 2026, 4:02 pm	Result Financial Results	Financial Results For The Period Ended March 31, 2026	PDF
12 May 2026, 3:35 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Dated May 12Th, 2026 For 1. Approval Of Audited Financial Results And 2. Re-Appointment Of Mr. Rakesh Duda, Managing Director	PDF
4 May 2026, 4:00 pm	Board Meeting	Board Meeting Intimation for Approval Of Audited Results For The Year Ended 31St March, 2026	PDF
23 Apr 2026, 3:43 pm	Others Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A	Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A	PDF
20 Apr 2026, 5:04 pm	AGM/EGM Postal Ballot	Taneja Aerospace & Aviation Ltd-$ - 522229 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report	PDF
20 Apr 2026, 5:02 pm	AGM/EGM Postal Ballot	Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot	PDF
10 Apr 2026, 3:45 pm	Company Update General	Reply And Clarification On Price Movement Sought By BSE Limited	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	11	9	12	14	10	16	14	25	23
	-2	-2	-2	-0	-4	3	-27	-20	-5
	-9	-5	-12	-10	-7	-13	10	-6	-6
Net cash flow	0	2	-2	3	-2	6	-3	-1	11
Free cash flow	—	—	—	13	5	12	8	25	—
CFO / Operating profit %	—	—	88.8%	93.6%	59.9%	85%	73.2%	97.7%	110.3%

Taneja Aerospace & Aviation Ltd

Taneja Aerospace & Aviation Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

8

1

Announcements

No fund holdings on record

Announcements

Annual reports

8

1

Not in the F&O segment

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

Taneja Aerospace & Aviation Ltd

Taneja Aerospace & Aviation Ltd

About

Key insights

Key risks

Growth drivers

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends8

Board meetings1

Announcements

No fund holdings on record

Announcements

Annual reports

Dividends8

Board meetings1

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

8

1

8

1