Sector Trends     31-Jan-24
Sector
Aerospace & Defence

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.

 

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