PATELSAI

Patels Airtemp (India) Ltd.

BSE: 517417

Sector: Capital Goods

Industry Group: Industrial Manufacturing

Industry: Industrial Products

364.00-9.8 (-2.62%)

15 Oct, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

31.9 / 100

Value Score

83.2 / 100

Price Momentum Score

62.8 / 100

QVM Score

67.7 / 100

Key Metrics

Market Cap

205.13

P/E (TTM)

29.94

P/B

1.23

P/S (TTM)

1.10

EV/EBITDA

13.06

CAPE (5Y)

16.24

ROE (TTM)

6.35

ROCE (TTM)

7.90

ROA (TTM)

3.39

Avg 3Y ROE

9.40

Earnings 3Y CAGR

-18.42

Sales 3Y CAGR

-17.32

Sales 5Y CAGR

-6.03

Debt/Equity

0.53

Consensus TP

240.00

Strong Buy %

Promoter Holding

46.44

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Patels Airtemp (India) Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.53 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.04 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 71.1 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

71.1 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 9 financial years

What is Dividend streak?

Negative

Expensive and at same valuation levels as industry median P/E

PE TTM of 29.94 indicates that the stock is expensive on a standalone basis. Premium to industry median P/E is modest at 5.31%

What is P/E Ratio?

Median: 28.43

Value 29.94

-9608.376406.99

Low and declining ROE

The company reported low ROE of 6.35% for 12-month ended 30 Jun 2026 and ROE declined by -465 bps from 1 year ago

What is ROE (FY)?

Low but stable operating margin

The company reported low operating margin of 8.11% for 12-month ended 30 Jun 2026 and operating margin improved marginally by 25 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -47.92% for 12-month ended 30 Jun 2026 and the growth was 59.32 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 11.4

Value -47.92

-98.36774.95

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -51.94% for 12-month ended 30 Jun 2026 and the growth was 57.93 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.8%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Patels Airtemp (India) Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Patels Airtemp (India) Ltd. Shareholding Pattern

Quarterly breakdown of Patels Airtemp (India) Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	47.21	47.21	47.21	47.21	47.21	47.21	47.14	48.17	48.11	41.98	42.22	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44
Indian Promoter	47.21	47.21	47.21	47.21	47.21	47.21	47.14	48.17	48.11	41.98	42.22	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44	46.44
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.07	0.07	0.07	0.07	0.14
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.04	0.07	0.07	0.07	0.07	0.07
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Non-Institution	52.79	52.79	52.79	52.79	52.79	52.79	52.86	51.83	51.89	58.02	57.78	53.56	53.56	53.56	53.56	53.56	53.56	53.56	53.56	53.56	53.52	53.49	53.49	53.49	53.49	53.42
Bodies Corporate	2.04	1.97	2.25	0.89	0.84	1.87	2.19	1.73	2.32	3.21	3.06	2.77	2.95	2.53	0.58	0.54	0.46	3.47	3.58	3.69	3.46	3.09	3.05	3.04	2.89	2.84
Others (incl. Retail) No. of shareholders	50.75 5,697	50.82 5,767	50.54 5,420	51.90 5,805	51.95 7,027	50.92 7,738	50.67 8,542	50.10 7,788	49.57 7,450	54.81 7,362	54.72 6,939	50.79 6,556	50.61 6,411	51.03 6,639	52.98 6,738	53.02 6,907	53.10 7,152	50.09 8,382	49.98 8,831	49.87 9,478	50.06 9,646	50.40 9,621	50.44 10,255	50.45 10,364	50.60 10,278	50.58 10,624

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Patels Airtemp (India) Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Jalpa Sanjiv Patel Promoter Group	November-2022	Preferential Offer (Acquisition) 18th Nov 2022	0.00 %	₹ 232.00	66.70 k	₹ 1.55 cr
Shivang Prakashchandra Patel Promoter	November-2022	Preferential Offer (Acquisition) 18th Nov 2022	1.19 %	₹ 232.00	22.30 k	₹ 51.74 lac
Sanjivkumar Narayanbhai Patel HUF Promoter Group	November-2022	Preferential Offer (Acquisition) 18th Nov 2022	0.00 %	₹ 232.00	44.50 k	₹ 1.03 cr
Sanjiv Narayanbhai Patel Promoter	November-2022	Preferential Offer (Acquisition) 18th Nov 2022	2.74 %	₹ 232.00	44.50 k	₹ 1.03 cr
Narayanbhai Gangaram Patel Promoter	November-2022	Preferential Offer (Acquisition) 18th Nov 2022	2.30 %	₹ 232.00	1.11 lac	₹ 2.58 cr
Aarti Prakashbhai Patel Promoter Group	November-2022	Preferential Offer (Acquisition) 18th Nov 2022	1.46 %	₹ 232.00	1.11 lac	₹ 2.58 cr
Narayanbhai G. Patel Promoter	August-2022	Market Purchase (Acquisition) 22nd Aug 2022	2.25 %	₹ 205.56	2.76 k	₹ 5.67 lac
Narayanbhai G. Patel Promoter	August-2022	Market Purchase (Acquisition) 20th Aug 2022	2.06 %	₹ 201.09	9.51 k	₹ 19.12 lac
Narayanbhai G. Patel Promoter	January-2022	Market Purchase (Acquisition) 1st Jan 2022	2.03 %	₹ 198.63	1.50 k	₹ 2.98 lac
Narayanbhai G. Patel Promoter	December-2021	Market Purchase (Acquisition) 22nd Dec 2021	1.99 %	₹ 183.55	2.26 k	₹ 4.15 lac

Corporate Actions

History of Patels Airtemp (India) Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 3/share
Record date: 21st Aug 2026Ex-date: 21st Aug 2026
Announced on: 30th May 2026
Dividend₹ 3/share
Record date: 19th Sep 2025Ex-date: 19th Sep 2025
Announced on: 24th May 2025
Dividend₹ 3/share
Record date: 12th Sep 2024Ex-date: 12th Sep 2024
Announced on: 24th May 2024
Dividend₹ 3/share
Record date: 14th Sep 2023Ex-date: 14th Sep 2023
Announced on: 27th May 2023
Dividend₹ 2.80/share
Record date: 16th Sep 2022Ex-date: 15th Sep 2022
Announced on: 29th May 2022

Company Profile

Overview of Patels Airtemp (India) Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Patels Airtemp (India) Limited is an India-based company. The Company is engaged in the manufacture and sale of a range of heat exchangers, such as shell & tube types, finned tube type and air-cooled heat exchangers, pressure vessels, air-conditioning and refrigeration equipment and turnkey heating,...

Key personnel

K. R. Shah

Chief Financial Officer

Mr. Nikhil Maneklal Patel

Compliance Officer, Company Secretary

Shri. Sanjivkumar N. PatelD

Chairman of the Board, Managing Director

Mr. Shivang P. PatelD

Whole-time Director

Mr. Apurva V. ShahD

Whole-Time Director

Mr. Naimish B. PatelD

Additional Non-Executive Independent Director

Mrs. Nidhi Yash PatelD

Additional Non-Executive Independent Director

Mr. Rajendrakumar PatelD

Non-Executive Independent Director

View all

Incorporated on

10 Jun 1992

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

223

IPO date

15 Mar 1994

Free Float

25,35,297

Website

https://patelsairtemp.com

Phone no.

+917927913694

Address

5th Floor, Kalpana Complex, Nr Memnagar Fire Station, Navrangpura, AHMEDABAD, 380009, India

Frequently Asked Questions

What is the current share price of Patels Airtemp (India) Ltd.?

The current share price of Patels Airtemp (India) Ltd. is ₹ 364.00 as of 15 Oct 2026.

What is the market capitalisation of Patels Airtemp (India) Ltd.?

The market capitalisation of Patels Airtemp (India) Ltd. stands at ₹ 205.13 Cr.

What is the PE ratio of Patels Airtemp (India) Ltd.?

The Price-to-Earnings (PE) ratio of Patels Airtemp (India) Ltd. is 29.94 as of the latest trailing twelve months data.

What is the ROE and ROCE of Patels Airtemp (India) Ltd.?

Patels Airtemp (India) Ltd. has a Return on Equity (ROE) of 6.35% and a Return on Capital Employed (ROCE) of 7.90% as per the latest financial reports.

What is the 52-week high and low of Patels Airtemp (India) Ltd.?

The 52-week high of Patels Airtemp (India) Ltd. is - and the 52-week low is -.

What is the dividend yield of Patels Airtemp (India) Ltd.?

The dividend yield of Patels Airtemp (India) Ltd. is 0.80% based on the current market price.

What is the FII and DII holding in Patels Airtemp (India) Ltd.?

Foreign Institutional Investors (FII) hold 0.07%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 50.58% of Patels Airtemp (India) Ltd. shares.

What sector does Patels Airtemp (India) Ltd. belong to?

Patels Airtemp (India) Ltd. operates in the Capital Goods sector.

What is the beta of Patels Airtemp (India) Ltd.?

The beta of Patels Airtemp (India) Ltd. is 1.37, indicating its price volatility relative to the broader market. Over the past 1 year, Patels Airtemp (India) Ltd. has delivered an absolute return of 10.49%.

What is the RSI of Patels Airtemp (India) Ltd.?

The 14-day Relative Strength Index (RSI) of Patels Airtemp (India) Ltd. is 56.23, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Patels Airtemp (India) Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Patels Airtemp (India) Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions