Date: 30 Jan 2024

Aerospace & Defence

Sector	Market Cap	No of Companies
Aerospace & Defence	533658.2	22

 

NetWorth	55512.27	TTM Sales	64410.00	TTM Sales Var (%)	6.27
Debt	3640.06	TTM OP	14097.65	TTM NP Var (%)	8.62
Capital Employed	74525.82	TTM OPM (%)	26.65	EV/TM Sales	8.29
Net Block	20746.95	TTM PATM (%)	17.68	EV/TTM EBITDA	35.63
Current Assets	108148.78	Debt / Equity	0.07	P/E	46.86
ROCE (%)	69.49	RONW (%)	20.52	P/B	9.61

The above figures are in Rs. Crores as of 30 Jan 2024

TTM ended September 2023

	30 Jan 2024	31 Dec 2022	31 Dec 2021	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	533658.2	259751.34	158054.28	105.45	237.64
Total Marketcap	37753281.25	28374455.84		33.05
Sector's share	1.41	0.92		0.49
Sector No of companies	22	20	18	2	4
Total Listed companies	4525	4237	0	288	4525
Sector's share	0.49	0.47	0	0.02	0.49

 

Gainers
Company Name	30/01/2024	29/12/2023	Var%
NIBE	905.85	630.20	43.74
Cochin Shipyard	877.70	676.80	29.68
BEML Ltd	3504.30	2828.35	23.90
Mishra Dhatu Nig	508.10	418.05	21.54
CFF Fluid	501.30	418.55	19.77
Losers
Company Name	30/01/2024	29/12/2023	Var%
Ideaforge Tech	714.10	830.55	-14.02
Astra Microwave	551.10	601.70	-8.41
Solar Industries	6350.55	6725.00	-5.57
MTAR Technologie	2089.00	2207.45	-5.37
Rossell India	444.55	468.35	-5.08

 

During the month of January 2024, Aerospace & Defence sector’s Marketcap increased 105.45% to Rs 533658.2 crore, compared to 33.05% rise in total listed marketcap to Rs 37753281.25 crore.

Sector’s share of total listed marketcap moved to 1.41% in January 2024 from 0.92% in December 2022 and % in December 2021.

In terms of price appreciation in the sector, there were 15 gainers and 6 losers in the month of Jan 2024. The gainers accounted for 68.18% of sector companies, losers accounted for 27.27% of sector companies, while 1% remained unchanged.

The top 3 gainers were NIBE (43.74% gain), Cochin Shipyard (29.68% gain) and BEML Ltd (23.90% gain).

The 3 losers at the bottom were Ideaforge Tech (-14.02% fall), Astra Microwave (-8.41% fall) and Solar Industries (-5.57% fall).

During the month Bharat Electronics Ltd, Taneja Aerospace & Aviation Ltd, Cochin Shipyard Ltd, Bharat Dynamics Ltd and Zen Technologies Ltd announced their results. Of these Bharat Electronics Ltd, Cochin Shipyard Ltd, Bharat Dynamics Ltd and Zen Technologies Ltd reported rise in net profit attributable to shareholders. Companies like Taneja Aerospace & Aviation Ltd reported fall in net profit attributable to shareholders.

Cochin Shipyard Ltd announced Stock Split in the ratio of 1:2.

DCX Systems Ltd carried out Qualified institutional placement/preferential allotment during the month.

During the month Sika Interplant Systems Ltd, BEML Ltd, Bharat Electronics Ltd, Taneja Aerospace & Aviation Ltd, Astra Microwave Products Ltd, Rossell India Ltd, Cochin Shipyard Ltd, Hindustan Aeronautics Ltd, Garden Reach Shipbuilders & Engineers Ltd, Mishra Dhatu Nigam Ltd, Bharat Dynamics Ltd, Zen Technologies Ltd, Solar Industries India Ltd, MTAR Technologies Ltd, Data Patterns (India) Ltd, NIBE Ltd, Apollo Micro Systems Ltd, Paras Defence and Space Technologies Ltd, Krishna Defence & Allied Industries Ltd, DCX Systems Ltd, CFF Fluid Control Ltd and Ideaforge Technology Ltd filed their shareholding patterns.

FIIs increased their shareholding in DCX Systems Ltd from 0.34% to 6.75%, BEML Ltd from 6.79% to 9.12%, MTAR Technologies Ltd from 8.81% to 11.02%, Astra Microwave Products Ltd from 1.73% to 2.94%, Apollo Micro Systems Ltd from 10.16% to 11.01%, Ideaforge Technology Ltd from 2.76% to 3.47%, NIBE Ltd from 9.81% to 10.43%, Bharat Electronics Ltd from 17.18% to 17.78%, Hindustan Aeronautics Ltd from 12.63% to 12.94% and Sika Interplant Systems Ltd from 2.42% to 2.60%. FIIs reduced their shareholding in Paras Defence and Space Technologies Ltd from 0.55% to 0.49%, Zen Technologies Ltd from 4.83% to 4.65%, Mishra Dhatu Nigam Ltd from 1.18% to 0.95%, Data Patterns (India) Ltd from 7.16% to 6.74%, Garden Reach Shipbuilders & Engineers Ltd from 3.34% to 2.87% and Cochin Shipyard Ltd from 5.81% to 4.10%.

DIIs increased their shareholding in DCX Systems Ltd from 3.75% to 7.31%, Zen Technologies Ltd from 0.00% to 2.53%, Bharat Dynamics Ltd from 12.72% to 12.84%, BEML Ltd from 18.50% to 18.52% and Paras Defence and Space Technologies Ltd from 2.72% to 2.73%. DIIs reduced their shareholding in Cochin Shipyard Ltd from 2.22% to 2.17%, Solar Industries India Ltd from 14.92% to 14.78%, Astra Microwave Products Ltd from 13.75% to 13.50%, Data Patterns (India) Ltd from 9.27% to 8.87%, Hindustan Aeronautics Ltd from 9.15% to 8.64%, Mishra Dhatu Nigam Ltd from 12.48% to 11.76%, Bharat Electronics Ltd from 22.90% to 21.97%, Ideaforge Technology Ltd from 9.41% to 5.88% and MTAR Technologies Ltd from 23.95% to 18.97%.

Promoters increased their shareholding in Krishna Defence & Allied Industries Ltd from 68.33% to 73.38%. Promoters reduced their shareholding in Apollo Micro Systems Ltd from 53.78% to 53.21%, Ideaforge Technology Ltd from 30.19% to 29.34%, MTAR Technologies Ltd from 39.14% to 37.26%, Zen Technologies Ltd from 57.45% to 55.07% and DCX Systems Ltd from 71.73% to 62.29%.

During the month Annual reports of Sika Interplant Systems Ltd, BEML Ltd, Bharat Electronics Ltd, Taneja Aerospace & Aviation Ltd, Astra Microwave Products Ltd, Rossell India Ltd, Cochin Shipyard Ltd, Hindustan Aeronautics Ltd, Hindustan Shipyard Ltd, Goa Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd, Mishra Dhatu Nigam Ltd, Bharat Dynamics Ltd, Zen Technologies Ltd, Solar Industries India Ltd, MTAR Technologies Ltd, Data Patterns (India) Ltd, Mahindra Aerospace Pvt Ltd, NIBE Ltd, Tata Advanced Systems Ltd, Apollo Micro Systems Ltd, Paras Defence and Space Technologies Ltd, Krishna Defence & Allied Industries Ltd, DCX Systems Ltd, Max Aerospace & Aviation Pvt Ltd, CFF Fluid Control Ltd, Ideaforge Technology Ltd, Gliders India Ltd, Horizon Aerospace India Pvt Ltd, Aviasafe Aviation Services Pvt Ltd and Epsilon Aerospace Pvt Ltd were updated in Capitaline.