AIA Engineering Ltd (AIA Engineering) designs, develops, manufactures, installs and servicing of high chromium wear resistant parts for grinding equipment. The company offers high chrome grinding, blow bars, mill liners, energy-efficient pulp lifter systems, hammers, impellers, anvil, feed disk and frame liners. It provides services such as alloy selection for wear reduction, installation support, liner wear monitoring, alloy optimization for improving metal recoveries, ball size optimization, ore grindability, millart and mill audits. The company’s products are used in the process of crushing and grinding in cement, mining, thermal power and aggregate industries. AIA Engineering is headquartered in Ahmedabad, Gujarat, India.
Headquarters
India
Address
11-12, Sigma Corporates, Bth. HOF Showroom, Sindhubhavan Road, Bodakdev, Ahmedabad, Gujarat, 380054
Website
www.aiaengineering.com
Telephone
91 79 66047800
No of Employees
1,361
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
AIAENG (NSE)
Revenue (2022)
$625.6M
37.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
70.4%
(2022 vs 2021)
Market Cap*
$4.4B
Net Profit Margin (2022)
XYZ
23.8%
(2022 vs 2021)
* As of and is in US$
AIA Engineering Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| High Chrome Grinding Equipment | Alloy Selection for Wear Reduction |
| Blow Bars | Installation Support |
| Mill Liners | Liner Wear Monitoring |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In August, the company along with Vega Industries acquired 100% shares of Vega Industries Peru. |
| 2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired a 26% stake in Clean Max Meridius (CMPL). |
| 1991 | Incorporation/Establishment | The company was established. |
Competitor Comparison
| Key Parameters | AIA Engineering Ltd | Bharat Forge Ltd | Cummins India Ltd | Kabra Extrusiontechnik Ltd | Thejo Engineering Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Ahmedabad | Pune | Pune | Mumbai | Chennai |
| State/Province | Gujarat | Maharashtra | Maharashtra | Maharashtra | Tamil Nadu |
| No. of Employees | 1,361 | 4,259 | 3,161 | 378 | 1,326 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rajendra Shantilal Shah | Chairman | Executive Board | 2019 | - |
| Bhadresh Kantilal Shah | Director; Managing Director | Executive Board | 2021 | - |
| Yashwant Manubhai Patel | Director | Executive Board | 2010 | - |
| Viren K. Thakkar | Chief Financial Officer | Senior Management | - | - |
| S N Jetheliya | Secretary; Compliance Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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