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Taneja Aerospace & Aviation Ltd (TANEJAERO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522229 NSE: TANEJAERO Airlines | Small Cap | Taneja Aerospace Share Price

₹288.85 -3.85 (-1.32%)

As on 05-Jun'26 11:01

Taneja Aerospace & Aviation Ltd (TANEJAERO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522229 NSE: TANEJAERO Airlines | Small Cap | Taneja Aerospace Share Price

₹288.85 -3.85 (-1.32%)

As on 05-Jun'26 11:01

Key Metrics
Valuation Multiples
Market Cap
₹746 Cr.
Current Price
₹288.9
52-Week Low / High
₹190 / 504
TTM EPS
₹6.6
TTM Sales
₹40.2 Cr.
Book Value per Share
₹60.6
P/E Ratio
44.40
Lower than its 5-year historical median
Industry PE
19.7
Price to Book (P/B)
4.83
In line with its 5-year historical median
Price to Sales (P/S)
18.59
Higher than its 5-year historical median
EV/EBITDA
27.54
In line with its 5-year historical median
Dividend Yield
0.76%
Profitability Efficiency
Return on Equity (ROE)
13.25%
Outperforms industry median
Return on Capital Employed (ROCE)
17.49%
Outperforms industry median
Return on Assets (ROA)
11.60%
Operating Profit Margin
63.6%
Net Profit Margin
44.5%
Gross Profit Margin
66.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
33.84%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
34.65%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
62.44%
Asset Quality
Promoter Holding
52.03%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹142 Cr.
Equity
₹12.8 Cr.
Face Value
₹5
All Time Low / High
₹1.45 / 710.00

Taneja Aerospace & Aviation stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Taneja Aerospace & Aviation Ltd a good quality company?
Taneja Aerospace & Aviation Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Taneja Aerospace & Aviation Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Taneja Aerospace & Aviation Ltd vs industry peers?
Taneja Aerospace & Aviation Ltd revenue CAGR is 4.72%, compared to the industry median CAGR of -7.82%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Taneja Aerospace & Aviation Ltd?
Promoters hold 52.03% of the Taneja Aerospace & Aviation Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Taneja Aerospace & Aviation Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 20.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Taneja Aerospace & Aviation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.6%5.2%4.3%9.3%8.2%9.4%8%15%13.3%17.5%-
Value Creation
Index
-0.9-0.6-0.7-0.3-0.4-0.3-0.40.1-0.10.3-

Growth Parameters

Sales 60.437.231.532.732.334.531.231.930.440.640
Sales YoY Gr.--38.4%-15.2%3.9%-1.5%7%-9.6%2.1%-4.7%33.8%-
Adj EPS -1.70.30.12.12.32.53.54.54.47.16.6
YoY Gr.-NA-79.3%3316.7%13.7%6.9%41%28.8%-3.5%61.7%-
BVPS (₹) 34.135.135.237.139.54243.64451.255.860.6
Adj Net
Profit
-4.30.70.25.15.86.28.811.311.11817
Cash Flow from Ops. 0.111.38.78.212.113.79.715.914.125.3-
Debt/CF from Ops. 3663.24.13.81.60.60.3000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -4.3%4.7%9.2%33.8%
Adj EPS NA24.8%26.2%61.7%
BVPS5.6%7.2%8.6%9.2%
Share Price 18.5% 52.5% 28.1% -26.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-4.90.80.25.76.16.18.210.39.313.211.3
Op. Profit
Mgn %
4.821.123.142.442.342.45258.763.263.659.2
Net Profit
Mgn %
-7.11.90.515.6181828.135.436.644.341.8
Debt to
Equity
0.50.40.40.30.20.100000
Working Cap
Days
257352246219190137128133174104187
Cash Conv.
Cycle
24156138615448284135159

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales60373233323531323041
Operating Expenses + 57292419192015131115
Manufacturing Costs1222255746
Material Costs361064331000
Employee Cost 1211109996444
Other Costs 8764433344
Operating Profit 38714141516191926
Operating Profit Margin (%) 5.0%21.0%23.0%42.0%42.0%42.0%52.0%59.0%63.0%64.0%
Other Income + 2211001112
Exceptional Items 000000-5-000
Interest 6655431100
Depreciation 3333443344
Profit Before Tax -4107688161623
Tax 0001023545
Profit After Tax -4105665111118
PAT Margin (%) -7.1%1.9%0.5%15.8%18.1%18.0%17.5%34.5%36.7%44.5%
Adjusted EPS (₹)-1.70.30.12.12.32.52.24.44.47.1
Dividend Payout Ratio (%)0%0%0%0%0%0%114%90.80%91.60%35.30%

Valuation of Taneja Aerospace - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 8588889398105109110130142
Share Capital 12121212121212121313
Reserves 7375758086929697118130
Debt +352828221353000
Long Term Debt26192516920000
Short Term Debt8936433000
Minority Interest0000000000
Trade Payables25353222111
Others Liabilities 26282524201713192116
Total Liabilities 170147146141133128127130152159

Fixed Assets

Net Fixed Assets +11710110199979585909592
Gross Block15810410610610810998104112112
Accumulated Depreciation41358111512141719
CWIP 0000004200
Investments 0191919187772738
Inventories9453100001
Trade Receivables21947697684
Cash Equivalents 446535310615
Others Assets 1991197132016169
Total Assets 170147146141133128127130152159

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 01198121410161425
PBT -4107688161623
Adjustment 8987763343
Changes in Working Capital -3-00-50-30-0-34
Tax Paid -110-0-13-2-3-3-5
Cash Flow From Investing Activity + 8-2-21-2-0-43-27-20
Capex -0-2-2-0-2-1-42-6-0
Net Investments 000-1-0100-21-10
Others 900200000-10
Cash Flow From Financing Activity + -7-9-5-10-12-10-7-1310-6
Net Proceeds from Shares 00000000200
Net Proceeds from Borrowing 0-56-9-7-7-2000
Interest Paid -6-5-4-4-3-2-1-0-00
Dividend Paid 000000-1-10-10-6
Others -20-63-2-1-3-3-00
Net Cash Flow 102-1-23-26-3-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-4.930.820.175.726.126.145.1310.079.2713.25
ROCE (%)1.565.234.279.268.229.388.0215.0313.3117.49
Asset Turnover Ratio0.370.240.220.230.240.260.250.250.220.26
PAT to CFO Conversion(x)N/A11N/A1.622.3321.451.271.39
Working Capital Days
Receivable Days85.20148.1076.2064.7077.3078.809274.1085.7057.20
Inventory Days42.106551.8044.5024.306.600005.10
Payable Days154.60505.30235.30376243.80224.90827.60001,842.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Taneja Aerospace & Aviation Ltd FAQs

The current trading price of Taneja Aerospace on 05-Jun-2026 11:01 is ₹288.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Taneja Aerospace stood at ₹746.4 Cr

The latest P/E ratio of Taneja Aerospace as of 04-Jun-2026 is 44.40.

The latest P/B ratio of Taneja Aerospace as of 04-Jun-2026 is 4.83.

The 52-week high of Taneja Aerospace is ₹504.0 and the 52-week low is ₹190.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Taneja Aerospace is ₹40.16 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Taneja Aerospace & Aviation Ltd is a average quality company.

The key valuation ratios of Taneja Aerospace & Aviation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Taneja Aerospace & Aviation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Taneja Aerospace & Aviation Ltd

Taneja Aerospace & Aviation (TAAL) is a part of the Pune based Indian Seamless group and was established in 1994 as the first private sector company in the country to manufacture general aviation i.e. non-military aircraft. The company’s vision at the time was to create a nucleus facility for the development of an aeronautical industry in India and in particular to promote affordable general aviation in the country. To kick-off this process, TAAL entered into a collaboration with Partenavia of Italy to manufacture the six-seat twin piston-engine P68C aircraft and the eleven-seat twin turbo-prop Viator aircraft.

While TAAL continues to manufacture Light Transport and Trainer Aircraft, the company has since diversified its activities and has established a significant presence in many segments of the aviation and aeronautical industries in India.

TAAL is headquartered at Bangalore, which is the hub of the Indian Aviation Industry (Bangalore is also internationally famous as a software development and engineering design centre).

TAAL has three distinct Business Divisions, namely, Aerostructures, Airfield & MRO and Aircraft Sales and Support. Each division is run as an independent profit center by a dedicated Business Head.

Aerostructures Division

This business has evolved from the initial business of the company, which was to manufacture the Partenavia P68C, six seat, twin-engine aircraft in India.

The company currently manufactures aero structures for Hindustan Aeronautics Limited (HAL), Indian Space Research Organization (ISRO), National Aerospace Laboratories (NAL) Aeronautical Development Establishment (ADE), and Number of modifications on Indian Navy and Air force Helicopters and Aircraft. Of these, the largest structures that they manufacture are for ISRO where the company builds most of the structural assemblies for the Booster rockets of the GSLV program. It has also built major structures of 14 seat Saras aircraft developed by NAL.

Airfield & MRO Division

 TAAL has entered into an Airfield & MRO Division facility agreement with Air Works India (Engg) for establishment of commercial Aircraft Maintenance and Operating Airfield & MRO Division services at TAAL’s private airfield (Licensed) at Hosur, near Bangalore. The runway at this airfield is capable of accepting Airbus A 320 and Boeing 737 Series class of aircraft and the hanger is capable of accommodating Narrow Body aircraft. TAAL has DGCA Maintenance approval under CAR 145 for Maintenance of Cessna Jet and other Light Transport Aircraft. 

Aircraft Sales & Services Division

TAAL represents the Cessna Aircraft Company for their Citation range of Business Jets in India (since 1995). This is a stand-alone marketing division that is also supported by an operations arm that provides turnkey Operations and Maintenance support for Cessna Business Jets in India.

In addition, TAAL provides consulting support to help potential customers evaluate their flight and travel requirements and thereby find an appropriate solution.

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