Airo Lam Ltd. (AIROLAM) AI Stock Analysis

• Market Cap: ₹1.65B
• Dividend Yield: N/A
• Average Volume (3M): 9.74K
• Price to Earnings (P/E): 86.0
• Beta (1Y): 0.64
• Revenue Growth: 2.96%
• EPS Growth: -74.25%
• Country: IN
• Employees: 328
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.86
• Shares Outstanding: 15,000,000
• 10 Day Avg. Volume: 5,566
• 30 Day Avg. Volume: 9,737
• PEG Ratio: -0.76
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 0.63
• P/FCF Ratio: -12.24
• 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: ₹116.00
• Price Target Upside: 5.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ₹116.00 ▲(5.50% Upside)

Airo Lam Ltd. demonstrates strong revenue growth and operational efficiency, but faces challenges in profitability and cash flow management. The stock's valuation appears high, which could deter potential investors. Technical indicators suggest a neutral market sentiment, with potential undervaluation indicated by the stochastic indicator.

Airo Lam Ltd. Business Overview & Revenue Model

Company Description

Airo Lam Limited engages in the production, manufacturing, and marketing of laminate sheets and plywood boards for residential and commercial applications in India. It offers decorative, door skin, chalk and maker board, liner and bakers, anti-finger print, synchronized, digital, fire retardant, anti-bacterial, unicore, and post forming laminates, as well as super mirror, exterior, and metallic laminates. The company also provides compact sheets, interior wall claddings, unicore compacts, restroom compact and locker solutions, and sandwich compacts; cubical board; and acrylic solid surfaces. Its products are used in surface kitchen counters, work-tops, store fittings, displays, office partitions, lift linings, counters, table tops, and cabinetry. The company sells its products through a network of distributors and dealers. It also exports its products to various countries, including Singapore, Malaysia, the United States, the United Kingdom, Kuwait, Bangladesh, Saudi Arabia, Sri Lanka, Thailand, Qatar, the United Arab Emirates, Syria, Iran, Egypt, Nepal, and Vietnam. Airo Lam Limited was incorporated in 2007 and is based in Prantij, India.

How the Company Makes Money

Airo Lam Ltd. generates revenue primarily through the sale of its decorative laminate products. The company earns money by manufacturing and distributing its laminates to a network of distributors, dealers, and direct customers in both domestic and international markets. Revenue streams are bolstered by the company's strategic partnerships with suppliers and distributors, ensuring a steady supply chain and expanded market reach. Airo Lam also invests in research and development to innovate and enhance product offerings, which can lead to premium pricing and increased market share. Significant factors contributing to its earnings include a robust distribution network, brand reputation, and a focus on quality and customer satisfaction.

Airo Lam Ltd. Financial Statement Overview

Summary

Airo Lam Ltd. demonstrates strong revenue growth and operational efficiency, but faces challenges in profitability and cash flow management. The balance sheet is stable, yet optimizing capital expenditure to enhance free cash flow is crucial for financial health.

Income Statement

Airo Lam Ltd. has demonstrated consistent revenue growth with a 4% increase from 2024 to 2025, although gross profit margins have slightly declined. The EBIT and EBITDA margins are healthy, but net profit margin has decreased due to higher expenses. Despite challenges, the company maintains a strong growth trajectory in revenue.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 1.23. The equity ratio is stable at 33.9%. While the company is leveraging debt to fuel growth, it maintains a reasonable level of equity. Return on equity has decreased, indicating challenges in generating returns on shareholder investments.

Cash Flow

Cash flow analysis indicates negative free cash flow, primarily due to substantial capital expenditures. The operating cash flow to net income ratio is positive, suggesting operational efficiency. However, improving free cash flow is essential for future stability and investment flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.09B	2.14B	2.06B	1.99B	1.69B	1.33B
Gross Profit	325.35M	571.49M	588.58M	670.01M	556.30M	417.57M
EBITDA	328.45M	160.99M	200.09M	172.86M	152.49M	137.22M
Net Income	15.91M	27.03M	78.43M	73.95M	64.87M	54.55M
Balance Sheet
Total Assets	0.00	2.16B	1.92B	1.62B	1.59B	1.30B
Cash, Cash Equivalents and Short-Term Investments	24.21M	21.82M	17.80M	47.37M	45.52M	47.77M
Total Debt	0.00	902.84M	794.25M	506.24M	243.85M	382.14M
Total Liabilities	-687.67M	1.44B	1.22B	981.56M	1.03B	806.49M
Stockholders Equity	687.67M	733.10M	704.69M	640.13M	562.42M	496.85M
Cash Flow
Free Cash Flow	0.00	-110.28M	-132.24M	68.29M	-97.19M	-85.05M
Operating Cash Flow	0.00	66.51M	-5.58M	86.57M	-68.05M	204.47M
Investing Cash Flow	0.00	-175.21M	-126.70M	-48.88M	-31.55M	-142.78M
Financing Cash Flow	0.00	108.59M	109.98M	-41.40M	97.36M	-24.46M

Airo Lam Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 109.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AIROLAM, the sentiment is Positive. The current price of 109.95 is above the 20-day moving average (MA) of 109.78, above the 50-day MA of 109.72, and above the 200-day MA of 108.70, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 50.70 is Neutral, neither overbought nor oversold. The STOCH value of 14.94 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AIROLAM.

Airo Lam Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIROLAM	61 Neutral	₹1.65B	86.00	―	―	2.96%	-74.25%
RPPL	60 Neutral	₹1.54B	15.72	4.93%	―	18.96%	113.59%
KANPRPLA	58 Neutral	₹4.90B	25.22	5.40%	0.42%	27.70%	―
KOTHARIPRO	51 Neutral	₹4.92B	-5.97	-8.69%	―	-5.62%	-416.23%
SAKUMA	50 Neutral	₹3.93B	36.59	2.09%	0.40%	-19.22%	-79.54%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Airo Lam Ltd. Corporate Events

Airo Lam Ltd. Releases 2024-25 Annual Report and AGM Details

Airo Lam Ltd. has announced the availability of its Annual Report for the financial year 2024-25, which includes details about the upcoming 18th Annual General Meeting scheduled for September 25, 2025. This update is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction, encouraging shareholder participation in the AGM to influence future company decisions.