What we do Aeroflex Enterprises Ltd, formerly Sat Industries, is a diversified Indian conglomerate specializing in manufacturing, trading, asset leasing, investment, and financing with international reach. |
Founded in 1,984 |
Market share Leader in flexible flow solutions, packaging, and compressor aftermarket services with significant export presence to 100+ countries. |
Problem solved Provides advanced manufacturing solutions, financial services to MSMEs, and innovative engineering addressing needs in industries like data centers, aerospace, and packaging. |
Top clients or who we serve Clients include industrial sectors like oil & gas, railways, aerospace, data centers, MSMEs, and global customers across 91 countries; B2B focus. |
Key management Harikant Turgalia (CFO & Whole-time Director), Shehnaz D. Ali (Whole-time Director). |
Our journey and innovations Founded in 1984, renamed in 2025, expanded via acquisitions including Hyd-Air Engineering and M.R. Organisation; pioneered liquid cooling solutions for data centers. |
Where we operate India, Middle East (UAE, Kuwait), Europe (Portugal), USA, UK, Belgium, and exports to 100+ countries worldwide. |
Top products or what we offer Engineering flexible flow solutions, innovative packaging (PP woven bags, FIBCs), compressor parts and services, financial products via NBFC, and startup investments. |
Top brands Aeroflex Industries - flexible flow solutions; Aeroflex Neu - bulk packaging; M.R. Organisation - compressor services; Aeroflex Finance - NBFC services. |
Raw materials needed Raw materials include polymers, metals for flexible hoses and packaging, hydraulic fittings materials, and components for compressors. |
Raw materials supplier Suppliers include Indian and international vendors specializing in polymers and metal components; details not publicly disclosed. |
Recurring vs cyclical contribution Revenue mix includes recurring services and cyclical manufacturing with significant recurring streams from financial services and aftermarket parts. |
Our industry position Market leader in flexible flow engineering and compressor aftermarket; rising presence in liquid cooling and packaging sectors with strong export footprint. |
Financial highlights FY25 consolidated revenue INR 606 Cr, PAT INR 81 Cr; diversified growth with Q3 FY26 revenue up 22% YoY; robust EBITDA margins around 21%. |
Geographical revenue split Indian operations contributed INR 173 Cr, international INR 395 Cr with a strong presence in Europe, Middle East, and Americas. |
Order book - |
Whats driving growth Growth driven by diversification, acquisitions (M.R. Organisation, Hyd-Air), expansion in liquid cooling, packaging exports, fintech lending, and startup investments. |
Our future plans Capacity expansion in liquid cooling by June 2026, automation investments, further strategic acquisitions and scaling fintech & startup portfolio. |
Our green promise Committed to energy saving initiatives and adoption of sustainable, eco-friendly manufacturing technologies. |
Our people and values 1700+ workforce fostering inclusion with gender diversity and ethical governance; emphasis on continuous training and safety. |
Key challenges ahead Managing global competition, technological shifts, regulatory compliance, and supply chain disruptions amid rapid diversification. |
Interesting facts Acquired 51% stake in Portugal-based ABP Impex; first Indian company in liquid cooling systems for data centers with ASME certification. |
Risks and strategy Risks from foreign markets and technological change mitigated by diversification, acquisitions, innovation, and strong cash flow management. |