Want to see IN:AIROLAM full AI Analyst Report?
Airo Lam Ltd. (AIROLAM) AI Stock Analysis
Airo Lam Ltd.
(NSE:AIROLAM)
The score is held back mainly by uneven financial quality: volatile margins and cash flows alongside elevated leverage, despite a promising 2026 cash-flow rebound. Technicals are supportive with a strong uptrend, but overbought readings add near-term risk. Valuation is also a headwind with a higher P/E that looks demanding relative to the company’s recent volatility.
Airo Lam Ltd. (AIROLAM) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 1.63B
- Dividend Yield
- ―
- Average Volume (3M)
- 7,032
- Price to Earnings (P/E)
- 29.9
- Beta (1Y)
- 1.24
- Revenue Growth
- 13.53%
- EPS Growth
- 103.89%
- Country
- India
- Employees
- 278
- Sector
- General
- Sector Strength
- 55
- Industry
- Paper, Lumber & Forest Products
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 produc...
Airo Lam Ltd. Financial Statement Overview
Summary
Revenue growth is constructive, but profitability and margins have been volatile (notably weak in 2025 with a rebound in 2026). Leverage is elevated with debt exceeding equity in recent years, increasing downside sensitivity. Cash flows have been inconsistent with prior negative operating cash flow and deeply negative free cash flow, though 2026 shows a meaningful turnaround that still needs durability.
Income Statement
62PositiveBalance Sheet
55NeutralCash Flow
48Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.43B | 2.43B | 2.14B | 2.06B | 1.99B | 1.69B |
| Gross Profit | 664.43M | 618.97M | 571.49M | 588.58M | 670.01M | 556.30M |
| EBITDA | 197.39M | 193.59M | 160.99M | 200.09M | 172.86M | 152.49M |
| Net Income | 54.52M | 55.13M | 27.03M | 78.43M | 73.95M | 64.87M |
Balance Sheet | ||||||
| Total Assets | 2.26B | 2.26B | 2.16B | 1.92B | 1.62B | 1.59B |
| Cash, Cash Equivalents and Short-Term Investments | 18.94M | 18.94M | 21.82M | 17.80M | 25.59M | 45.52M |
| Total Debt | 822.85M | 822.85M | 902.84M | 794.25M | 632.04M | 505.69M |
| Total Liabilities | 1.49B | 1.49B | 1.44B | 1.22B | 981.56M | 1.03B |
| Stockholders Equity | 785.76M | 785.76M | 733.10M | 704.69M | 640.13M | 562.42M |
Cash Flow | ||||||
| Free Cash Flow | 54.31M | 79.96M | -110.28M | -132.24M | 68.29M | -97.19M |
| Operating Cash Flow | 63.04M | 107.15M | 66.51M | -5.58M | 86.57M | -68.05M |
| Investing Cash Flow | -8.62M | -27.51M | -175.21M | -126.70M | -48.88M | -31.55M |
| Financing Cash Flow | -52.45M | -80.00M | 36.28M | 109.98M | 84.40M | 97.36M |
Airo Lam Ltd. Technical Analysis
Price Trends
Market Momentum
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 107.51 is above the 20-day moving average (MA) of 89.11, above the 50-day MA of 88.48, and above the 200-day MA of 88.19, indicating a bullish trend. The MACD of 3.18 indicates Negative momentum. The RSI at 72.72 is Negative, neither overbought nor oversold. The STOCH value of 84.57 is Negative, 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
Overall Rating
IN:ARCHIDPLY61.4Neutral
IN:SHREYANIND59Neutral- IN:AIROLAM58Neutral
IN:WIPL49Neutral
IN:GREENPANEL45Neutral
IN:CENTURYPLY44Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:ARCHIDPLY | 61Neutral | INR 1.85B | 11.09 | ― | ― | 15.36% | 1115.41% |
| IN:SHREYANIND | 59Neutral | INR 1.82B | -12.78 | ― | 1.17% | -0.87% | -126.04% |
| IN:AIROLAM | 58Neutral | INR 1.64B | 29.95 | ― | ― | 13.53% | 103.89% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:WIPL | 49Neutral | INR 1.36B | 970.81 | ― | 0.64% | -3.07% | -103.41% |
| IN:GREENPANEL | 45Neutral | INR 17.35B | 258.87 | ― | 0.35% | 11.58% | -69.11% |
| IN:CENTURYPLY | 44Neutral | INR 144.32B | 44.15 | ― | 0.16% | 26.36% | 39.42% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:AIROLAM | Airo Lam Ltd. | 107.51 | 4.85 | 4.72% | |
| IN:ARCHIDPLY | Archidply Industries Limited | 91.76 | -4.16 | -4.34% | |
| IN:CENTURYPLY | Century Plyboards (India) Ltd. | 641.70 | -106.59 | -14.24% | |
| IN:GREENPANEL | Greenpanel Industries Ltd | 142.65 | -135.03 | -48.63% | |
| IN:SHREYANIND | Shreyans Industries Limited | 128.85 | -84.00 | -39.46% | |
| IN:WIPL | Western India Plywoods Ltd. | 155.33 | -12.86 | -7.65% |
Airo Lam Ltd. Corporate Events
Airo Lam Sets Book Closure Ahead of 19th Annual Meeting
Airo Lam Ltd. has announced that its Register of Members and Share Transfer Books will be closed from September 22 to September 28, 2026. The closure is to facilitate the conduct of the company’s 19th Annual General Meeting scheduled for Septem...
Airo Lam Sets September 28 Date for Nineteenth AGM in Gujarat
Airo Lam Ltd. has scheduled its Nineteenth Annual General Meeting to be held at its registered office in Dalpur, Prantij, Gujarat, on September 28, 2026, at 3:00 p.m. The meeting will consider adoption of the audited standalone and consolidated finan...
Airo Lam Publishes 2025-26 Annual Report Online Ahead of 19th AGM
Airo Lam Limited has notified the stock exchange and its shareholders that the Annual Report for the financial year 2025-26, including the notice of its 19th Annual General Meeting, is now available online. The AGM will be held on September 28, 2026,...
Airo Lam Publishes June-Quarter Unaudited Results and Flags TDS, Loan Issues
Airo Lam Ltd. has published its standalone and consolidated unaudited financial results for the quarter ended 30 June 2026 in Business Standard and Jaihind, in line with securities listing regulations. The company reported quarterly income from opera...
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.
Date of analysis: Nov 06, 2026