Sector Trends     29-Feb-24
Sector
Aerospace & Defence

Date: 28 Feb 2024

Aerospace & Defence

Sector

Market Cap

No of Companies

Aerospace & Defence

557351.69

22

 

NetWorth

30670.85

TTM Sales

64955.46

TTM Sales Var (%)

6.02

Debt

3838.21

TTM OP

14915.93

TTM NP Var (%)

16.66

Capital Employed

37523.37

TTM OPM (%)

27.92

EV/TM Sales

8.58

Net Block

12051.48

TTM PATM (%)

18.28

EV/TTM EBITDA

36.71

Current Assets

52333.43

Debt / Equity

0.13

P/E

46.94

ROCE (%)

128.02

RONW (%)

38.71

P/B

18.17

The above figures are in Rs. Crores as of 28 Feb 2024

TTM ended December 2023

28 Feb 2024

31 Jan 2023

31 Jan 2022

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

557351.69 254783.74 166021.8 118.75 235.71

Total Marketcap

38849922.4 27157567.18 25408087.59 43.05 52.9

Sector's share

1.43 0.94 0.65 0.49 0.78

Sector No of companies

22 20 18 2 4

Total Listed companies

4541 4248 4096 293 445

Sector's share

0.48 0.47 0.44 0.01 0.04
25408087.59

 

Gainers

Company Name
28/02/2024
25/01/2024
Var%
NIBE 1456.45 821.70 77.25
Data Pattern 2493.35 1860.60 34.01
Zen Technologies 832.30 726.35 14.59
Apollo Micro Sys 134.35 119.05 12.85
Taneja Aerospace 450.80 400.55 12.55

Losers

Company Name
28/02/2024
25/01/2024
Var%
Mishra Dhatu Nig 410.40 500.25 -17.96
Garden Reach Sh. 806.25 908.85 -11.29
DCX Systems 316.90 349.55 -9.34
MTAR Technologie 1934.75 2110.15 -8.31
CFF Fluid 474.65 516.40 -8.08

 

During the month of February 2024, Aerospace & Defence sector’s Marketcap increased 118.75% to Rs 557351.69 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.

Sector’s share of total listed marketcap moved to 1.43% in February 2024 from 0.94% in January 2023 and 0.65% in January 2022.


In terms of price appreciation in the sector, there were 13 gainers and 8 losers in the month of Feb 2024. The gainers accounted for 59.09% of sector companies, losers accounted for 36.36% of sector companies, while 1% remained unchanged.

The top 3 gainers were NIBE (77.25% gain), Data Pattern (34.01% gain) and Zen Technologies (14.59% gain).

The 3 losers at the bottom were Mishra Dhatu Nig (-17.96% fall), Garden Reach Sh. (-11.29% fall) and DCX Systems (-9.34% fall).

During the month Sika Interplant Systems Ltd, BEML Ltd, Astra Microwave Products Ltd, Rossell India Ltd, Hindustan Aeronautics Ltd, Garden Reach Shipbuilders & Engineers Ltd, Mishra Dhatu Nigam Ltd, Solar Industries India Ltd, MTAR Technologies Ltd, NIBE Ltd, Apollo Micro Systems Ltd, Paras Defence and Space Technologies Ltd, DCX Systems Ltd and Ideaforge Technology Ltd announced their results. Of these Sika Interplant Systems Ltd, Astra Microwave Products Ltd, Rossell India Ltd, Hindustan Aeronautics Ltd, Garden Reach Shipbuilders & Engineers Ltd, Solar Industries India Ltd, NIBE Ltd and Apollo Micro Systems Ltd reported rise in net profit attributable to shareholders. Companies like BEML Ltd, Mishra Dhatu Nigam Ltd, DCX Systems Ltd, MTAR Technologies Ltd and Paras Defence and Space Technologies Ltd reported fall in net profit attributable to shareholders.

Companies like Ideaforge Technology Ltd reported loss to profit

BEML Ltd, Bharat Electronics Ltd, Cochin Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd and Hindustan Aeronautics Ltd became ex-dividend.

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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