Aaron Industries Ltd. · NSE:AARON
Aaron Industries — Investor Presentation (November 2025)
27 slides from Aaron Industries's investor presentation, Nov 13, 2025
Slide 1: Cover letter to National Stock Exchange
November 13, 2025 To, The Manager - Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Symbol: AARON Sub: Investor Presentation Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listi
Slide 2: Aaron Industries Limited Investor Presentation
AARON INDUSTRIES LIMITED INVESTOR PRESENTATION 1
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by the Company solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form the basis or be relied o
Slide 4: Company Overview
Company Overview Founded in 2013 by visionary entrepreneur Mr. Amar Chinubhai Doshi. Specializes in manufacturing high-quality elevator cabins, automatic door systems, and cabin safety frames. Caters to both residential and commercial projects with a focus on design, quality, and customer satisfacti
Slide 5: Profile of Management
Profile of Management Mr. Amar Chinubhai Doshi Designation: Promoter, Chairman & Managing Director Qualification: Diploma in Man-made Fiber Fabrics Role and Responsibility: Leads strategic planning, capacity expansion, and business development. Manages overall operations including the stainless-stee
Slide 6: Stainless Steel Division Highlights
Stainless Steel Division Highlights Trusted Sourcing: Value Addition: Procures premium stainless-steel coils Specialized processing capabilities from established, reliable suppliers enable customized surface finishes and ensuring consistent quality. designs tailored to client specifications. In-Hous
Slide 7: Stainless Steel Division Products
Stainless Steel Division Products Matt & Mirror Polishing Embossing Press Plates PVD Coating Decorative SS Sheet 6 | Aaron Industries Ltd. Investor Presentation
Slide 8: Launch of STELIX
Launch of “STELIX” Strengthening Presence in Stainless Steel Solutions Aaron Industries Limited has officially launched its new stainless steel brand – STELIX, marking a strategic expansion into premium stainless steel solutions. Strategic Objectives of the Launch Expand market presence in the stain
Slide 9: Elevator Division Highlights
Elevator Division Highlights Leading Manufacturer: Aaron Industries Limited is a prominent manufacturer producing elevators, elevator components, and stainless-steel polishing, design, and color sheets. OEM Expertise: The company operates as an Original Equipment Manufacturer (OEM), delivering high-
Slide 10: Elevator Division Products
Elevator Division Products Automatic Doors Fire Resistant Elevator Cabin System for Lifts Door (Passenger Lifts, Commercial Lifts, Hospital Lifts, Goods Lifts, Car Lifts etc.) Auto Center Cabin Safety Frame Swing Door 9 | Aaron Industries Ltd. Investor Presentation
Slide 11: Production Process
Production Process Raw Material Inspection Shearing Punching Procurement Powder Coating Welding Bending Grinding Final Assembly Packing Dispatch Inspection 10 | Aaron Industries Ltd. Investor Presentation
Slide 12: Aaron's Supply Chain Process
Elevator Industry Supply Chain Process Stainless Steel Polishing Divisions Additional Raw (Aaron Industries) Material Component Manufacturing by 1. Aaron’s Supply Chain Process Aaron Aaron manufactures 40-50% of elevator components in- Elevator Division (Aaron Industries) Other Elevator house, custo
Slide 13: Elevator Industry Supply Chain Process
Elevator Industry Supply Chain Process Distribution to Licensed Engagement with End 2. Installers and Traders 3. Consumers The manufactured components are then supplied to Licensed Elevator Installers and Traders interface directly licensed Elevator Installers and Traders. with architects, real esta
Slide 14: Integrated Manufacturing Hub
Integrated Manufacturing Hub Comprehensive Manufacturing Technology & Automation: Footprint: Facilities equipped with modern SALVAGNINI Surat, Gujarat Three advanced production units in Surat, automation and precision stainless steel sheet Gujarat, with a combined area of 1.5 lakh sq. ft. polishing
Slide 15: Unit 3
Unit 3 The commissioning of Unit 3 has created a significant positive impact on both our financial performance and operational efficiency. Key highlights include: Enhanced Productivity Introduction of New Operational Efficiency Revenue Growth Products Potential With the installation of advanced Auto
Slide 16: Geographical Presence
Geographical Presence GEOGRAPHICAL DISTRIBUTION NETWORK PRESENCE & WAREHOUSES Jodhpur NEPAL Rajkot Patna Ahmedabad Indore Kolkata Nashik Mumbai KENYA Pune Hyderabad Belgaum SERVING ACROSS EXPORT ACROSS 60+ 02+ CITIES COUNTRIES 15 | Aaron Industries Ltd. Investor Presentation
Slide 17: Industry overview: Elevator product opportunity
Industry overview Elevator Product Portfolio Opportunity Size (India) Till FY30 DBG / Car Frames Auto Door Systems Total Elevator Product Portfolio Opportunity: 16.2% 18.7% ~ Rs 5,880 Crore Product Opportunity Size (Approx. Rs Crore) Manual Doors 6% Auto Door Systems ~Rs 1,100 Cr Swing Doors Manual
Slide 18: Industry overview: Stainless steel product opportunity
Industry overview Stainless Steel Product Portfolio Opportunity Size (India) Till FY30 Total Stainless Steel Product Portfolio Opportunity: Press Plates 8.3% Embossed Sheets (6 Designs) 11.3% ~Rs 336 Crore Matt & Mirror Polished Sheets Product Opportunity Size (Approx. Rs Crore) 41.7% Matt & Mirror
Slide 19: Indian Elevator Industry Overview (Till 2030)
Indian Elevator Industry Overview (Till 2030) Market Size Expected Market Urbanization Driver: 40% of population projected urban by 2030 (2024) Size (2030) Annual New Installations (2030): Over 45,000 units Modernization Demand: Aging elevator stock, driven by USD USD safety/energy efficiency 4.1 –
Slide 20: Indian Stainless Steel Polishing Industry Overview (Till 2033)
Indian Stainless Steel Polishing Industry Overview (Till 2033) Market Size Expected Market Key Segments (by finish): Matt & Mirror, PVD Coated, Decorative, Embossed Sheets (2024) Size (2033) Major Application Sectors: Elevators, architecture, construction, transport USD USD Growth Drivers: Urbanizat
Slide 21: Growth prospects
Growth prospects The Company has laid down a clear roadmap to strengthen its market presence and accelerate growth. Our strategic initiatives include: Expanding Distribution Network Strengthening Marketing Efforts We are actively broadening our reach by We are leveraging both traditional print media
Slide 22: Expansion in Indian Markets
Expansion in Indian Markets This year, the Company has set a clear focus on strengthening its presence across North and South India through strategic appointments, partnerships, and brand-building initiatives: North India Focus We have appointed a highly experienced senior sales professional from Pu
Slide 23: Global Target Market
Global Target Market The Company is steadily strengthening its international presence and has identified clear growth opportunities beyond India: Nepal Africa We are already receiving encouraging orders from With a strong demand potential in emerging our established channel partners in Nepal, market
Slide 24: Profit and Loss Summary
Profit and Loss Summary (₹ in Crore except EPS) Particulars Q2FY26 Q2FY25 Q1FY26 YoY% QoQ% H1FY26 H1FY25 YoY% 4.59 Revenue Interest from 22.24 19.24 18.29 15.60% 21.59% 41.48 35.48 16.90% Coverage Operations Total 19.80 17.21 15.85 15.08% 24.97% 37.01 30.48 21.43% Expenditure EBITDA 4.18 3.70 3.27 1
Slide 25: Balance Sheet
Balance Sheet (₹ in Crore) Particulars Mar 2023 Mar 2024 Mar 2025 Sep 2025 Equity Capital 10.04 10.47 10.47 20.95 Reserves 10.44 25.37 32.56 23.29 Borrowings 11.37 31.56 31.86 32.04 Other Liabilities 6.84 7.26 7.94 11.11 Total Liabilities 38.69 74.66 82.82 87.38 Fixed Assets 18.83 24.28 24.82 56.32
Slide 26: Financials: Revenue, EBITDA and Margin
Financials REVENUE FROM OPERATION Rs. Crore QoQ% Rs. Crore QoQ% % QoQ% 21.59% 27.80% 5.11% EBITDA MARGIN 25 5 20 18.78 22.24 17.87 EBITDA 20 4 4.18 15 18.29 15 3 3.27 10 10 2 5 5 1 0 0 0 Q1FY26 Q2FY26 Q1FY26 Q2FY26 Q1FY26 Q2FY26 REVENUE FROM OPERATION Rs. Crore YoY% Rs. Crore YoY% % YoY% 16.90% 19.0
Slide 27: Thank You!
THANK YOU! Mr. Nitinkumar Maniya (CS) Abhishek Bhutra | Himanshu Jain www.aaronindustries.net +91 80006 85556 |+91 89051 81853 ir@aaronindustries.net ir@finportalin.com Meeting Request LINK
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