Patels Airtemp India Ltd
Patels Airtemp India Ltd (PATELSAI) last reported results for the quarter ended Dec 2023, with sales of ₹87.27 crore and net profit of ₹3.37 crore. The stock last traded at ₹374, a market capitalisation of ₹204 crore, on a P/E of 13.8. Over the past 52 weeks the stock has ranged between ₹180 and ₹437. Figures are as of 9 Oct 2026 and are not real time.
Patels Airtemp India Ltd share price and key metrics
- Current price
- ₹374
- Market cap
- ₹204 cr
- Stock P/E
- 13.8
- Book value
- ₹261
- ROE
- 10.9%
- ROCE
- 14.4%
- Dividend yield
- 0.80%
- 52w high / low
- 437/180
Metrics as of 9 Oct 2026. Not real time.
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Patels Airtemp India Ltd growth and returns
- 10 Years
- %
- 5 Years
- 20%
- 3 Years
- 13%
- TTM
- 32%
- 10 Years
- %
- 5 Years
- 15%
- 3 Years
- 9%
- TTM
- 33%
- 10 Years
- 8%
- 5 Years
- 13%
- 3 Years
- 1%
- 1 Year
- 13%
- 10 Years
- %
- 5 Years
- 11%
- 3 Years
- 11%
- Last Year
- 11%
Patels Airtemp India Ltd quarterly results
In the quarter ended Dec 2023, sales were ₹87.27 cr, up 35.9% from ₹64.2 cr a year earlier. Net profit was ₹3.37 cr, up 44.0% year on year.
| ₹ crore | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Sales | 80.29 | 35.38 | 80.71 | 64.2 | 101 | 82.83 | 85.23 | 87.27 |
| Expenses | 73.06 | 29.71 | 72.68 | 56.67 | 92.23 | 75.11 | 76.76 | 79.53 |
| Operating profit | 7.23 | 5.67 | 8.03 | 7.53 | 8.96 | 7.72 | 8.47 | 7.74 |
| OPM % | 9.00% | 16.03% | 9.95% | 11.73% | 8.85% | 9.32% | 9.94% | 8.87% |
| Other income | 0.61 | 0.5 | 0.29 | 0.44 | 0.26 | 0.26 | 0.15 | 0.56 |
| Interest | 2.24 | 2.31 | 3.44 | 3.59 | 2.89 | 2.63 | 3.12 | 2.59 |
| Depreciation | 1.13 | 1.06 | 1.05 | 1.05 | 0.95 | 1.03 | 1.04 | 1.03 |
| Profit before tax | 4.47 | 2.8 | 3.83 | 3.33 | 5.38 | 4.32 | 4.46 | 4.68 |
| Tax % | 28.19% | 25.71% | 23.50% | 29.73% | 29.00% | 25.93% | 25.56% | 27.99% |
| Net profit | 3.21 | 2.07 | 2.93 | 2.34 | 3.82 | 3.2 | 3.32 | 3.37 |
| EPS (₹) | 6.33 | 4.08 | 5.78 | 4.28 | 6.98 | 5.85 | 6.07 | 6.16 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Patels Airtemp India Ltd annual results
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Sales | 151 | 237 | 255 | 303 | 281 | 371 |
| Operating profit | 17 | 23 | 26 | 28 | 30 | 35 |
| OPM % | 12% | 10% | 10% | 9% | 11% | 9% |
| Net profit | 7 | 11 | 11 | 12 | 11 | 15 |
| EPS (₹) | 14.44 | 22.31 | 22.39 | 24.40 | 20.42 | 26.98 |
TTM is the trailing twelve months to the most recent quarter.
Patels Airtemp India Ltd balance sheet
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Equity capital | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 75 | 84 | 94 | 106 | 124 | 137 |
| Borrowings | 42 | 45 | 64 | 88 | 95 | 93 |
| Other liabilities | 69 | 126 | 119 | 86 | 136 | 136 |
| Total liabilities | 191 | 261 | 282 | 284 | 360 | 371 |
| Fixed assets | 22 | 33 | 43 | 47 | 47 | 45 |
| CWIP | 0 | 4 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 169 | 224 | 239 | 237 | 313 | 326 |
| Total assets | 191 | 261 | 282 | 284 | 360 | 371 |
As reported by the company. Total assets equal total liabilities by construction.
Patels Airtemp India Ltd cash flow
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Cash from operations | 7 | 11 | 8 | -13 | 5 | 11 |
| Cash from investing | -3 | -17 | -9 | -6 | -3 | -1 |
| Cash from financing | 6 | -6 | 10 | 14 | 3 | -17 |
| Net cash flow | 10 | -12 | 9 | -5 | 5 | -7 |
| Free cash flow | 3 | -6 | -1 | -20 | 1 | 9 |
| CFO / operating profit | 62% | 64% | 47% | -29% | 30% | 54% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Patels Airtemp India Ltd operating ratios
| Per year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| ROCE % | — | 17% | 16% | 14% | 13% | 14% |
| Debtor days | 157 | 141 | 131 | 110 | 144 | 105 |
| Inventory days | 309 | 260 | 258 | 189 | 314 | 253 |
| Days payable | 123 | 164 | 147 | 77 | 160 | 110 |
| Cash conversion cycle | 343 | 236 | 242 | 221 | 298 | 248 |
| Working capital days | 107 | 86 | 70 | 87 | 102 | 88 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Patels Airtemp India Ltd shareholding pattern
Promoters held 46.45% at Jun 2026, broadly unchanged since Jun 2025. FIIs 0.07% and DIIs 0.07%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 46.45% | 46.45% | 46.45% | 46.45% | 46.45% | 46.45% | 46.45% | 46.45% |
| FIIs | 0.00% | 0.00% | 0.04% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% |
| Public | 53.55% | 53.54% | 53.52% | 53.50% | 53.48% | 53.49% | 53.49% | 53.41% |
| No. of shareholders | 8,899 | 9,548 | 9,715 | 9,694 | 10,328 | 10,435 | 10,349 | 10,697 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Patels Airtemp India Ltd corporate filings
- Intimation of Closure of Trading WindowInsider Trading / SASTlow impact
- Patels Airtemp India Ltd clarifies on recent stock price movementCompany Updatelow impact
Cruxal's analysis: Patels Airtemp India Ltd has responded to a clarification request from the BSE regarding…
Read the full analysis - Patels Airtemp (India) Limited concludes 34th AGM; shareholders approve dividend of INR 3 per shareAGM/EGMlow impact
Cruxal's analysis: Patels Airtemp (India) Limited has successfully concluded its 34th Annual General Meeting…
Read the full analysis - Patels Airtemp (India) Limited Announces New Order Win of INR 225 crore and Dividend Declaration at 34th AGMAGM/EGMhigh impact
Cruxal's analysis: Patels Airtemp (India) Limited disclosed at its 34th Annual General Meeting the receipt…
Read the full analysis - Patels Airtemp secures major international order worth INR 226.13 crore from Dangote Petroleum RefineryCompany Updatehigh impact
Cruxal's analysis: Patels Airtemp (India) Limited has announced a significant fixed-price contract valued at…
Read the full analysis - Patels Airtemp India Ltd dispatches annual report access links to shareholdersCompany Updatelow impact
Cruxal's analysis: Patels Airtemp India Ltd has issued an intimation regarding the dispatch of letters to…
Read the full analysis - Patels Airtemp (India) Limited Announces 34th AGM, Dividend Record Date, and E-Voting ScheduleCompany Updatelow impact
Cruxal's analysis: Patels Airtemp (India) Limited has issued a formal notice for its 34th Annual General…
Read the full analysis - Patels Airtemp (India) Limited Announces 34th AGM, Dividend Declaration, and Financial Results for FY 2025-26AGM/EGMhigh impact
Cruxal's analysis: Patels Airtemp (India) Limited has announced its 34th Annual General Meeting scheduled…
Read the full analysis - Patels Airtemp India Ltd releases Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Patels Airtemp India Ltd has filed its Annual Report for the financial year 2025-26. This…
Read the full analysis - Patels Airtemp (India) Limited Announces Record Date and TDS Procedures for Dividend of INR 3.00 per ShareCompany Updatelow impact
Cruxal's analysis: Patels Airtemp (India) Limited has confirmed a dividend of INR 3.00 per equity share (30%…
Read the full analysis - Patels Airtemp (India) Limited Reports Significant Quarterly Loss for Q1 FY2027Company Updatehigh impact
Cruxal's analysis: Patels Airtemp (India) Limited reported a sharp decline in performance for the quarter…
Read the full analysis - Patels Airtemp India Ltd announces record date for corporate actionCorp. Actionlow impact
Cruxal's analysis: Patels Airtemp India Ltd has issued an intimation regarding a record date for a corporate…
Read the full analysis - Patels Airtemp (India) Limited schedules 34th Annual General Meeting for 14th September 2026Company Updatelow impact
Cruxal's analysis: Patels Airtemp (India) Limited has announced that its 34th Annual General Meeting (AGM)…
Read the full analysis - Patels Airtemp (India) Limited reports net loss of 62.17 lakh for Q1 FY2027 amid sharp revenue contractionResulthigh impact
Cruxal's analysis: Patels Airtemp (India) Limited reported a significant deterioration in financial…
Read the full analysis - Patels Airtemp (India) Limited Reports Q1 FY27 Loss and Declares Dividend of INR 3.00 per ShareBoard Meetinghigh impact
Cruxal's analysis: Patels Airtemp (India) Limited reported a weak financial performance for the quarter…
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