AIROLAM

Airo Lam limited

Laminates, plywood and allied building and interior products

Consumer Discretionary›Consumer Durables›Consumer Durables›Plywood Boards/ Laminates

airolam.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹87.53
Market cap
131 Cr
Stock P/E
24.5
P/B
1.70
ROE (FY26)
7.1%
ROCE (FY26)
9.9%
Operating margin (FY26)
5.9%
Debt / equity (FY26)
1.06
OCF / EBITDA (FY26)
99.8%
OCF / EBITDA (3Y)
62.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Airo Lam makes laminates, plywood and allied interior and building products, sold under the Airolam brand with the tagline "Laminate | Ply | Panel | Door".

Company snapshot

10thBy market cap

Ranked among 11 companies in Plywood Boards/ Laminates.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 124.4% of revenue

SegmentRevenue shareRevenuePBTAssets
Laminates and Allied Products
124.4%
197 Cr11 Cr—
Plywood and Allied Products
13.8%
22 Cr-5 Cr—

Shares add up to 138% because segment revenues are before inter-segment eliminations.

What we see

Concerns
  • ✗Net margin is very thin at 2.2% — little room for error if costs rise.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 20251Dec 2025Mar 2026Jun 2026
Sales50 Cr57 Cr51 Cr52 Cr52 Cr54 Cr56 Cr54 Cr62 Cr70 Cr58 Cr66 Cr
Operating expenses (approx.)46 Cr52 Cr46 Cr48 Cr34 Cr51 Cr50 Cr49 Cr56 Cr65 Cr55 Cr61 Cr
EBITDA4 Cr5 Cr5 Cr5 Cr18 Cr3 Cr6 Cr5 Cr6 Cr5 Cr3 Cr5 Cr
OPM %8.1%8.9%9.2%8.6%35.2%6.3%10.7%8.9%9.9%7.5%5.6%7.2%
Other income0.58 Cr0.07 Cr0.63 Cr2 Cr-0.06 Cr0.21 Cr0.81 Cr0.39 Cr-0.0086 Cr0.18 Cr0.77 Cr0.17 Cr
Interest1 Cr1 Cr2 Cr2 Cr0.31 Cr1 Cr2 Cr2 Cr2 Cr2 Cr2 Cr2 Cr
Depreciation0.85 Cr0.88 Cr1 Cr1 Cr21 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr
Profit before tax3 Cr3 Cr2 Cr3 Cr-4 Cr1 Cr3 Cr2 Cr3 Cr2 Cr0.63 Cr2 Cr
Tax %35.4%37.6%29.8%33.5%10.8%20.7%17.9%32.1%—25.1%60.4%27.9%
Net profit2 Cr2 Cr2 Cr2 Cr-3 Cr1 Cr3 Cr1 Cr2 Cr1 Cr0.25 Cr1 Cr
EPS (₹)₹1.17₹1.25₹1.11₹1.38₹-2.16₹0.73₹1.85₹0.82—₹0.93₹0.17₹0.85
  1. 1Sept 2025: Derived from year-to-date: the half-year to 30 Sep 2025 less the quarter to 30 Jun 2025; the filing gives no figures for this quarter alone

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales169 Cr199 Cr206 Cr214 Cr243 CrSign in free for the trailing twelve months
Operating expenses (approx.)155 Cr183 Cr187 Cr201 Cr224 CrSign in free for the trailing twelve months
EBITDA14 Cr17 Cr19 Cr14 Cr19 CrSign in free for the trailing twelve months
OPM %8.2%8.3%9.3%6.3%8.0%Sign in free for the trailing twelve months
Other income1 Cr0.70 Cr1 Cr3 Cr1 CrSign in free for the trailing twelve months
Interest3 Cr4 Cr5 Cr7 Cr9 CrSign in free for the trailing twelve months
Depreciation3 Cr3 Cr4 Cr5 Cr5 CrSign in free for the trailing twelve months
Profit before tax9 Cr10 Cr12 Cr4 Cr7 CrSign in free for the trailing twelve months
Tax %28.4%24.3%32.3%36.3%25.6%Sign in free for the trailing twelve months
Net profit7 Cr7 Cr8 Cr3 Cr5 CrSign in free for the trailing twelve months
EPS (₹)₹4.37₹4.93₹5.23₹1.80₹3.50Sign in free for the trailing twelve months
Dividend payout %0.0%0.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital15 Cr15 Cr15 Cr15 Cr15 Cr
Reserves41 Cr49 Cr55 Cr58 Cr64 Cr
Borrowings51 Cr51 Cr79 Cr89 Cr82 Cr
Other liabilities53 Cr48 Cr43 Cr55 Cr67 Cr
Total liabilities159 Cr162 Cr192 Cr216 Cr226 Cr
Fixed assets (net)37 Cr36 Cr45 Cr58 Cr55 Cr
CWIP—0 Cr0 Cr0 Cr0 Cr
Investments0.13 Cr0 Cr0.34 Cr0.49 Cr0.40 Cr
Loans & advances—5 Cr1 Cr0.28 Cr0.12 Cr
Inventories59 Cr63 Cr76 Cr85 Cr88 Cr
Trade receivables52 Cr49 Cr55 Cr58 Cr68 Cr
Cash & bank5 Cr3 Cr0.33 Cr0.32 Cr0.28 Cr
Other assets7 Cr7 Cr14 Cr14 Cr14 Cr
Total assets159 Cr162 Cr192 Cr216 Cr226 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-7 Cr9 Cr-0.56 Cr14 Cr19 Cr
Cash from investing-3 Cr-5 Cr-13 Cr-18 Cr-3 Cr
Cash from financing10 Cr-4 Cr11 Cr4 Cr-17 Cr
Net cash flow-0.22 Cr-0.37 Cr-2 Cr-0.01 Cr-0.04 Cr
Free cash flow (OCF − Capex)-10 Cr7 Cr-13 Cr-4 Cr17 Cr

Ratios

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %11.5%12.2%11.3%7.1%9.9%
ROE %11.7%11.6%11.2%3.7%7.1%
Debtor days112909799102
Inventory days186171197212197
Days payable124827386110
Cash conversion cycle174179221225189
OCF / EBITDA %-49.0%52.2%-2.9%102.3%99.8%
OCF / EBITDA % (3 years)——2.6%44.5%62.6%
Debt / equity0.900.791.131.241.06
Current ratio1.571.571.431.351.33
Net debt / EBITDA—2.904.076.574.22