Patels Airtemp
PATELSAIRTEMPLTD NSE
Patels Airtemp
Capital GoodsNSE: PATELSAIRTEMPLTD BSE: 517417 Industrial Products
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsMarket Cap
₹151 Cr
Volatility
Moderate
P/E Ratio
21.9
EBITDA
₹37.10 Cr
Return on Equity
10.34%
Debt to Equity
0.53
Book Value
₹303.66
EPS
₹26.98
52W High
₹420
52W Low
₹180.1
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.91 times its book value
Weaknesses
6- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.19% over past five years.
- Company has a low return on equity of 9.25% over last 3 years.
- Contingent liabilities of Rs.122 Cr.
- Dividend payout has been low at 12.4% of profits over last 3 years
- Company has high debtors of 154 days.
Growth Rate
Revenue Growth
31.86% higher than
3Y
Net Income Growth
32.14% higher than
3Y
Cash Flow Change
131% lower than
3Y
ROE
19.95% higher than
3Y
ROCE
15.43% higher than
3Y
EBITDA Margin (Avg.)
-10.59% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 82.83 | 85.23 | 87.27 | 115 | 114 | 81.87 | 88.39 | 104 | 82.57 | 22.04 | 58.81 | 89.52 | 15.52 |
| Expenses | 75.11 | 76.76 | 79.47 | 104 | 103 | 74.13 | 79.37 | 95.58 | 76.02 | 18.87 | 52.37 | 82.35 | 13.69 |
| Operating Profit | 7.72 | 8.47 | 7.8 | 11.09 | 10.36 | 7.74 | 9.02 | 8.48 | 6.55 | 3.17 | 6.44 | 7.17 | 1.83 |
| OPM % | 9.32% | 9.94% | 8.94% | 9.61% | 9.13% | 9.45% | 10.2% | 8.15% | 7.93% | 14.38% | 10.95% | 8.01% | 11.79% |
| Other Income | 0.26 | 0.15 | 0.56 | 1.05 | 0.42 | 0.32 | 0.27 | 0.54 | 0.59 | 1.39 | 0.98 | 1.08 | 0.26 |
| Interest | 2.63 | 3.12 | 2.59 | 4.55 | 2.96 | 2.8 | 3.61 | 1.97 | 2.18 | 1.98 | 3.5 | 2.29 | 1.98 |
| Depreciation | 1.03 | 1.04 | 1.03 | 0.96 | 1.03 | 1.02 | 1.03 | 0.85 | 0.86 | 0.88 | 0.89 | 0.89 | 0.88 |
| PBT | 4.32 | 4.46 | 4.74 | 6.63 | 6.79 | 4.24 | 4.65 | 6.2 | 4.1 | 1.7 | 3.03 | 5.07 | -0.77 |
| Tax % | 25.93% | 25.56% | 27.64% | 28.51% | 25.48% | 25.71% | 18.06% | 27.58% | 31.46% | 61.18% | 12.21% | 18.15% | -19.48% |
| Net Profit | 3.2 | 3.32 | 3.43 | 4.74 | 5.06 | 3.15 | 3.81 | 4.49 | 2.8 | 0.66 | 2.66 | 4.15 | -0.62 |
| EPS in Rs | 5.85 | 6.07 | 6.27 | 8.67 | 9.25 | 5.76 | 6.97 | 8.21 | 5.12 | 1.21 | 4.86 | 7.59 | -1.13 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 113 | 127 | 136 | 158 | 151 | 237 | 255 | 303 | 281 | 371 | 388 | 253 | 186 |
| Expenses | 98 | 112 | 119 | 138 | 134 | 214 | 229 | 275 | 251 | 336 | 352 | 230 | 167 |
| Operating Profit | 14 | 15 | 17 | 20 | 17 | 23 | 26 | 28 | 30 | 35 | 36 | 23 | 19 |
| OPM % | 13% | 12% | 13% | 12% | 12% | 10% | 10% | 9% | 11% | 9% | 9% | 9% | 10% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 4 | 4 |
| Interest | 3 | 2 | 3 | 5 | 5 | 7 | 8 | 9 | 12 | 13 | 11 | 10 | 10 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| PBT | 10 | 11 | 12 | 13 | 11 | 15 | 15 | 17 | 15 | 20 | 22 | 14 | 9 |
| Tax % | 36% | 36% | 35% | 32% | 30% | 24% | 26% | 26% | 27% | 27% | 24% | 26% | — |
| Net Profit | 6 | 7 | 8 | 9 | 7 | 11 | 11 | 12 | 11 | 15 | 17 | 10 | 7 |
| EPS in Rs | 12.23 | 14.1 | 15.6 | 16.98 | 14.44 | 22.31 | 22.43 | 24.46 | 20.46 | 26.85 | 30.18 | 18.77 | 12.53 |
| Div. Payout % | 18% | 16% | 16% | 15% | 17% | 11% | 11% | 11% | 15% | 11% | 10% | 16% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 48 | 54 | 62 | 69 | 75 | 84 | 94 | 106 | 124 | 137 | 152 | 161 |
| Borrowings | 25 | 10 | 24 | 30 | 42 | 45 | 64 | 88 | 95 | 93 | 90 | 88 |
| Other Liabilities | 25 | 27 | 38 | 44 | 69 | 126 | 119 | 86 | 136 | 136 | 61 | 43 |
| Total Liabilities | 104 | 97 | 128 | 148 | 191 | 261 | 282 | 284 | 360 | 371 | 308 | 297 |
| Fixed Assets | 23 | 23 | 23 | 21 | 22 | 33 | 43 | 47 | 47 | 45 | 44 | 45 |
| CWIP | 0 | 0 | 1 | 0 | 0 | 4 | 1 | 0 | 0 | 0 | 0 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 81 | 74 | 105 | 127 | 169 | 224 | 239 | 237 | 313 | 326 | 264 | 250 |
| Total Assets | 104 | 97 | 128 | 148 | 191 | 261 | 282 | 284 | 360 | 371 | 308 | 297 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0 | 8 | -3 | -5 | 7 | 11 | 8 | -13 | 5 | 11 | 40 | 23 |
| Investing | -1 | -6 | -1 | -1 | -3 | -17 | -9 | -6 | -3 | -1 | -1 | -3 |
| Financing | 7 | -18 | 11 | 2 | 6 | -6 | 10 | 14 | 3 | -17 | -16 | -13 |
| Net Cash Flow | 6 | -16 | 6 | -4 | 10 | -12 | 9 | -5 | 5 | -7 | 23 | 6 |
| Free Cash Flow | -4 | 5 | -6 | -6 | 3 | -6 | -1 | -20 | 1 | 9 | 37 | 16 |
| CFO/OP | 22 | 80 | 7 | -6 | 62 | 64 | 47 | -29 | 30 | 46 | 136 | 101 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 101 | 152 | 144 | 157 | 141 | 131 | 110 | 144 | 105 | 88 | 154 |
| Inventory Days | 154 | 117 | 150 | 224 | 309 | 260 | 258 | 189 | 314 | 253 | 165 | 201 |
| Days Payable | 80 | 62 | 100 | 138 | 123 | 164 | 147 | 77 | 160 | 110 | 36 | 38 |
| Cash Conversion Cycle | 148 | 157 | 202 | 230 | 343 | 236 | 242 | 221 | 298 | 248 | 218 | 317 |
| Working Capital Days | 35 | 88 | 104 | 122 | 107 | 86 | 70 | 87 | 102 | 102 | 82 | 114 |
| ROCE % | 17% | 17% | 19% | 18% | 14% | 17% | 16% | 14% | 13% | 14% | 14% | 10% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Patels Airtemp insights
58 extracted metrics + investor summaries across FY11–FY26.
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
22 Apr - Patels Airtemp confirms it is not a large corporate under SEBI circular dated 26 November 2018. 22 Apr - Patels Airtemp confirms it is not a large corporate under SEBI circular dated 26 November 2018.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
12h - Patels Airtemp confirms it is not a large corporate under SEBI circular dated 26 November 2018. 12h - Patels Airtemp confirms it is not a large corporate under SEBI circular dated 26 November 2018.
3
Reply To Clarification On Price Movement Sought By BSE Limited
10 Apr - Company replied to BSE price-movement query, stating the share price rise is market-driven. 10 Apr - Company replied to BSE price-movement query, stating the share price rise is market-driven.
5
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
8 Apr - Postal ballot passed reappointing Sanjivkumar N. Patel as Chairman & Managing Director until 19 May 2029. 8 Apr - Postal ballot passed reappointing Sanjivkumar N. Patel as Chairman & Managing Director until 19 May 2029.
1
Intimation Under Regulation 30 Regarding Letter Dispatched To The Shareholders Of The Company. 20 Aug 2026
General_Announcements
Frequently Asked Questions about Patels Airtemp
What does Patels Airtemp (India) Ltd do?
Incorporated in 1972, Patels Airtemp India
Ltd manufactures and sells extensive range
of Heat Exchangers, other related equipment and undertakes Turnkey HVAC Projects[1]
Where is Patels Airtemp (India) Ltd (517417) listed?
Patels Airtemp (India) Ltd trades as PATELSAIRTEMPLTD on the NSE and under code 517417 on the BSE.
Which sector does Patels Airtemp (India) Ltd belong to?
Patels Airtemp (India) Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the market capitalisation of Patels Airtemp (India) Ltd?
Patels Airtemp (India) Ltd has a market capitalisation of ₹150.73 Cr, which places it in the Small Cap band.
What is the PE ratio of Patels Airtemp (India) Ltd?
Patels Airtemp (India) Ltd trades at a PE ratio of 21.90, on earnings per share of ₹26.98, against a book value of ₹303.66 per share.
What is the 52-week high and low of Patels Airtemp (India) Ltd?
Over the last 52 weeks Patels Airtemp (India) Ltd has traded between ₹180.1 and ₹420.
Does Patels Airtemp (India) Ltd pay dividends?
Patels Airtemp (India) Ltd has a dividend yield of 1.09%.
What is the Return on Equity (ROE) of Patels Airtemp (India) Ltd?
Patels Airtemp (India) Ltd reported a return on equity of 10.34%. Its debt-to-equity ratio is 0.53.
Company Information
Incorporated in 1972, Patels Airtemp India Ltd manufactures and sells extensive range of Heat Exchangers, other related equipment and undertakes Turnkey HVAC Projects[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/517417.md for Patels Airtemp (India) Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.