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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 548.99 | 269.18 | 148.23 |
| Total Income | 720.08 | 349.81 | 164.86 |
| Profit After Tax | 140.26 | 47.41 | 1.02 |
| EBITDA | 207.01 | 72.73 | 11.86 |
| NET Worth | 213.52 | 73.25 | 25.79 |
| Reserves and Surplus | 158.52 | 67.75 | 20.29 |
| Total Borrowing | 66.91 | 28.14 | 30.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Omnitech Engineering Ltd. | Mainboard | ₹583.00 Cr | ₹227 | 54.47 | ₹204.93 | -9.72% | ₹580.65 (+0.62%) |
| Epack Prefab Technologies Ltd. | Mainboard | ₹504.00 Cr | ₹204 | 29.49 | ₹190.66 | -6.54% | ₹241.09 (-2.21%) |
| Aditya Infotech Ltd. | Mainboard | ₹1,300.00 Cr | ₹675 | 21.09 | ₹1,082.65 | +60.39% | ₹3,446.30 (-1.17%) |
| Merritronix Ltd. | SME | ₹70.03 Cr | ₹149 | 11.83 | ₹297.25 | +99.50% | ₹370.35 (-2.78%) |
| Adisoft Technologies Ltd. | SME | ₹74.10 Cr | ₹172 | 12.82 | ₹215.25 | +25.15% | ₹181.90 (-0.44%) |
| Highness Microelectronics Ltd. | SME | ₹21.67 Cr | ₹120 | 16.7 | ₹129.75 | +8.12% | ₹171.50 (-4.96%) |
| Tipco Engineering India Ltd. | SME | ₹60.55 Cr | ₹89 | 8.73 | ₹84.79 | -4.73% | ₹186.70 (-2.48%) |
| Gabion Technologies India Ltd. | SME | ₹29.16 Cr | ₹81 | 12.18 | ₹93.41 | +15.32% | ₹87.00 (+4.97%) |
| Admach Systems Ltd. | SME | ₹42.60 Cr | ₹239 | 19.56 | ₹200.75 | -16.00% | ₹399.40 (+1.25%) |
| Apollo Techno Industries Ltd. | SME | ₹47.96 Cr | ₹130 | 9.43 | ₹151.95 | +16.88% | ₹80.60 (-4.87%) |
| HRS Aluglaze Ltd. | SME | ₹50.92 Cr | ₹96 | 26.07 | ₹132.30 | +37.81% | ₹250.00 (+0.87%) |
| Purple Wave Infocom Ltd. | SME | ₹31.45 Cr | ₹126 | 9.33 | ₹130.50 | +3.57% | ₹120.00 (+0.00%) |
| Shining Tools Ltd. | SME | ₹17.10 Cr | ₹114 | 16.18 | ₹98.80 | -13.33% | ₹74.82 (-4.99%) |
| True Colors Ltd. | SME | ₹127.96 Cr | ₹191 | 14.66 | ₹183.05 | -4.16% | ₹155.70 (+2.77%) |
| L.T.Elevator Ltd. | SME | ₹39.37 Cr | ₹78 | 12.31 | ₹142.90 | +83.21% | ₹243.00 (-2.55%) |
| Airfloa Rail Technology Ltd. | SME | ₹91.10 Cr | ₹140 | 9.57 | ₹279.30 | +99.50% | ₹336.30 (+0.57%) |
| Taurian MPS Ltd. | SME | ₹42.53 Cr | ₹171 | 11.29 | ₹220.50 | +28.95% | ₹358.60 (-4.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part financing the capital expenditure requirements for setting up manufacturing facilities for the production of: (a) smart gas meters, smart water meters, IoT solutions at the Kundli Facility | 116.75 |
| 2 | Part financing the capital expenditure requirements for setting up manufacturing facilities for the production of: (b) smart electricity meters at the Rai Facility | 99.71 |
| 3 | Funding future working capital requirements of the Company | 120.00 |
| 4 | General corporate purposes |
About Allied Engineering Works IPO
Allied Engineering Works Ltd (AEW), specializes in smart metering and advanced system solutions. As per CRISIL report, AEW is one of the top five energy meter solutions provider company in India - with total installed manufacturing capacity of 7.29 million meters per annum as of March 31, 2025. Key offerings Smart Energy Meters: Single/three phase smart meter, LT-CT/HT-CT Smart meter, etc. Wires & Cables: Power & control cable, solar cable, etc. Advance automation solutions: DTMS, Feeder Monitoring System, etc. AMI Solutions: Communication Solutions, IT solutions, etc. As of March 31, 2025, supplied 2.92 million smart meters to one utility and 13 AMISPs for deployment across six Indian states —Andhra Pradesh, Gujarat, Maharashtra, Haryana, Punjab, and Uttar Pradesh. As of March 31, 2025, it has confirmed orders for 5.79 million smart energy meters worth ₹18,535.98 million, which includes supply of 0.43 million DT meters worth ₹2,029.10 million. The company has 3 state-of-the-art manufacturing facility across a total build up area of and also a tool room facility in Delhi. Competitive Strengths Largest and fastest-growing comprehensive smart energy meter solutions provider in India
Contact Details
Allied Engineering Works Ltd. AddressM-11,Badli Industrial EstateDelhi, New Delhi, 110042+91 11 4708 2775compliance@aewinfra.comVisit Website