Date: 28 Mar 2024

Aerospace & Defence

Sector	Market Cap	No of Companies
Aerospace & Defence	583313.56	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	8.98
Net Block	12051.48	TTM PATM (%)	18.28	EV/TTM EBITDA	38.45
Current Assets	52333.43	Debt / Equity	0.13	P/E	49.13
ROCE (%)	128.02	RONW (%)	38.71	P/B	19.02

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

TTM ended December 2023

	28 Mar 2024	28 Feb 2023	28 Feb 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	583313.56	249731.09	158711.99	133.58	267.53
Total Marketcap	38945362.38	25907447.46	26551333.43	50.32	46.68
Sector's share	1.5	0.96	0.6	0.54	0.9
Sector No of companies	22	20	18	2	4
Total Listed companies	4583	4247	4124	336	459
Sector's share	0.48	0.47	0.44	0.01	0.04
	26551333.43

 

Gainers
Company Name	28/03/2024	28/02/2024	Var%
Solar Industries	8786.05	6775.50	29.67
Zen Technologies	955.05	832.30	14.75
Hind.Aeronautics	3327.25	3083.75	7.90
Cochin Shipyard	871.75	856.05	1.83
Losers
Company Name	28/03/2024	28/02/2024	Var%
Apollo Micro Sys	95.30	134.35	-29.07
Rossell India	357.30	436.90	-18.22
Paras Defence	612.05	723.75	-15.43
Taneja Aerospace	385.95	450.80	-14.39
Ideaforge Tech	687.65	800.55	-14.10

 

During the month of March 2024, Aerospace & Defence sector’s Marketcap increased 133.58% to Rs 583313.56 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.

Sector’s share of total listed marketcap moved to 1.5% in March 2024 from 0.96% in February 2023 and 0.6% in February 2022.

In terms of price appreciation in the sector, there were 4 gainers and 17 losers in the month of Mar 2024. The gainers accounted for 18.18% of sector companies, losers accounted for 77.27% of sector companies, while 1% remained unchanged.

The top 3 gainers were Solar Industries (29.67% gain), Zen Technologies (14.75% gain) and Hind.Aeronautics (7.90% gain).

The 3 losers at the bottom were Apollo Micro Sys (-29.07% fall), Rossell India (-18.22% fall) and Paras Defence (-15.43% fall).

BEML Ltd, Bharat Dynamics Ltd, Bharat Electronics Ltd, CFF Fluid Control Ltd, Cochin Shipyard Ltd, Cochin Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd, Hindustan Aeronautics Ltd, Mishra Dhatu Nigam Ltd, Taneja Aerospace & Aviation Ltd and Taneja Aerospace & Aviation Ltd announced dividend of 5, 8.85, 0.7, 0.5, 3.5, 8, 7.92, 22, 1.41, 1.5 and 2.5.

Bharat Electronics Ltd and Mishra Dhatu Nigam 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% and Taneja Aerospace & Aviation Ltd from 51.23% to 52.32%. 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, Troop Comforts Ltd, Horizon Aerospace India Pvt Ltd, Magnum Aviation Pvt Ltd, Aviasafe Aviation Services Pvt Ltd, Vertex Aviation Pvt Ltd, Innovative Aviation Pvt Ltd, Epsilon Aerospace Pvt Ltd and Vandana Aircraft Services Pvt Ltd were updated in Capitaline.