Synopsis:
The company’s step-down subsidiary has received an intentional work order for the supply of Grinding Balls, and it is to be executed within 18 months.
The shares of this Midcap stock engaged in the business of manufacturing high-chrome grinding media, liners, and many more were in focus in the day’s trade upon receiving a new international work order worth Rs. 291 Crores.
With the market Cap of Rs. 30,179 crore , its shares of AIA Engineering Ltd has given a closing of Rs. 3,196 as on Tuesday, up 0.62 percent from its previous day’s close price of Rs. 3,176.45.The stock had hit its 52 week low in the month of August 2025 at Rs. 3,001.10 and is currently trading 6% above its low .
What Happened
AIA Engineering Ltd. specializing in the design, development, production, installation, and servicing of high-chromium wear-resistant castings, has received a new work order from an international entity through its wholly owned Step-Down Subsidiary Vega Industries Chile entity SpA, for a consideration of Rs. 291 Crores or $32.90 Million.
The work involves the supply of Grinding Balls, and the order will be fulfilled in the upcoming 18 months, starting from November 2025. The Company has been making efforts over the past few years to work with Copper Miners in Chile for the adoption of high chrome grinding media, due to these efforts, its subsidiary was able to back this order.
Financials & Others
Its revenue from operations has grown by 1.86 percent YoY from Rs. 1,020 Crores in Q1FY25 to Rs. 1,039 Crores in Q1FY26, accompanied by profits of Rs. 259 Crores to Rs. 305 Crores.
In Q1FY 25-26 ,the Mining activity alone has generated around Rs. 36,396 crore worth of sales for the company, which is around 60.5% of the total sales , and the rest 39.5 percent or Rs. 23,760 Crores from other segment. It has also incurred a capex of Rs. 21 crore in the same quarter. The order book stands at around Rs. 569 crore as of 1st july 2025.
AIA Engineering Ltd is engaged in manufacturing high-chrome grinding media, liners and diaphragms, collectively known as mill internals. These are used for crushing and grinding operations in the cement, power utility & aggregates and mining industries
The company has 45 years of experience in grinding process optimisation and is operating in around 120+ countries. The company has around 17% FII and 22% DII Shareholding, which gives it a list of trusted investors.
Written by Leon Mendonca
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
