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MARKET DEPTH

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551.05a day ago
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LOWER/UPPER CIRCUITS

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Aimtron Electronics Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 72.95%, in the last year to ₹162.11 Cr. Its sector's average revenue growth for the last fiscal year was 5.98%.
noteAnnual Net Profit,rose 88.47% in the last year to ₹25.63 Cr. Its sector's average net profit growth for the last fiscal year was 28.87%.
noteInterest Coverage Ratio,is 155.23, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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The company was originally incorporated as a Private Limited Company under the name 'Aimtron Electronics Private Limited' on April 19, 2011 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Dadra and Nagar Havelli, Gujarat. Subsequently, the company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on October 20, 2023 and consequently the name of the company was changed from ‘Aimtron Electronics Private Limited’ to ‘Aimtron Electronics Limited’ vide a fresh certificate of incorporation dated October 31, 2023, issued by the Registrar of Companies, Ahmedabad.The company is engaged in the business of providing products and solutions towards electronics system design and manufacturing (ESDM) services with a focus on high value precision engineering products. It provides product and solutions right from printed circuit board (PCB) design and assembly to the manufacturing of complete electronic systems (Box Build), to certain domestic and global manufacturers located in India, United States of America, Hongkong, United Kingdom, Spain, Mexico.The company started in 2011 as a pure play PCB designer and assembler and over the years has invested in its capabilities and become one stop ESDM solution provider. Each of its diversified capabilities stands alone on its own merit, providing customers with a number of options while also enabling its growth in each of these areas. The company offers a broad range of products and services across multiple industry segments. These ESDM products and services are essential for industrial automation, electric vehicle mobility, IoT and embedded systems, medtech and wearables, gaming, robotics etc. They provide higher-level monitoring and control various functions of machines to define, organize, and meet production objectives. The end-use industries that it caters to include: Industrial sector, Medical Healthcare Equipment, Automobiles, Power, Gaming, Drones and UAV (unmanned aerial vehicle) etc.The company operates through its two manufacturing facilities, one situated in Vadodara, Gujarat and the other situated in Bengaluru, Karnataka. Its manufacturing facilities include engineered layout with process controls and necessary automations for quality and productivity. This allows it to keep its core competencies within the company, allowing it to ensure strict quality control and safety at each step of its manufacturing process.Business area of the companyThe company offers tailored solutions for customers’ needs, encompassing automated micro-electronics assembly and precision component integration. Its solutions involve its client providing the design for the product for which it provides manufacturing services or in some cases require it to design the relevant product based on the specifications provided by the client including manufacturing of the product. Its solutions primarily comprise of: (i) printed circuit board assembly (PCBA), (ii) any box build assemblies in addition to finding its application in battery management systems used in electrical vehicles (iii) design solutions offering end to end services right from conceptualizing the design, engineering, product prototype development, manufacturing of turnkey requirements for its customers. Through its end-to-end capabilities, its customers may achieve tangible benefits such as reduced manufacturing costs, improved supply chain management and reduced inventory obsolescence.Major events and milestones2011: Incorporation of Aimtron Electronics Private limited.2014: The company entered into agreement for purchase of factory situated at Plot No. 1/A Waghodia GIDC, Near Parul University, Waghodia, Vadodara, Gujarat, India.2018: The company crossed Turnover of Rs 20 crore.2020: Received Certificate of Excellence provided by Indian 2020 Business and Leadership Excellence awards in recognition of significant contribution made.2021: Got ISO 14001:2015 and ISO 13485:2016 for factory situated at Plot No. 1/A Waghodia GIDC, Near Parul University, Waghodia, Vadodara, Gujarat, India.2021: The company entered into agreement for purchase of factory situated at 201, Brigade IRV, Nallurhalli Road, Whitefield, Bengaluru-(Karnataka).2021: The company crossed Turnover of Rs 50 crore.2022: Got accredited with EN ISO 9001:2015 for factory situated at 201, Brigade IRV, Nallurhalli Road, Whitefield, Bengaluru - (Karnataka).2022: Received Karnataka Innovation Leadership Awards 2022 presented by Academic Partners ‘INDRA’ and ‘Business Leaders’.2023: The company crossed Turnover of Rs 80 crore.2023: Got accredited with ISO 13485:2016 for factory situated at 201, Brigade IRV, Nallurhalli Road, Whitefield, Bengaluru - (Karnataka).2023: Conversion of the Company from Private Limited to Public Limited.
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