What we do Aeron Composites Ltd manufactures and supplies advanced Fiber Glass Reinforced Polymer (FRP) products for various industrial applications with end-to-end solutions. |
Founded in 2,011 |
Market share A leading player in India's FRP sector with expanding production capacity and growing domestic and international presence. |
Problem solved Provides corrosion-resistant, lightweight, and durable composite solutions to replace conventional materials in infrastructure and industrial sectors. |
Top clients or who we serve Infrastructure, optic fiber, solar energy sectors; caters to B2B clients requiring customized FRP products. |
Key management Chirag Chandulal Patel (Managing Director), Ravi Pankajkumar Patel (Whole-Time Director), Dilipkumar Ratilal Patel (Chairman). |
Our journey and innovations Started in 2011, added novel products like FRP moulded gratings and rods, expanded capacity and went public in 2024 via successful IPO. |
Where we operate India-based manufacturing with sales in domestic and international markets. |
Top products or what we offer FRP Pultruded Products, Moulded Gratings, Rods, cable trays, poles, solar panel structures, and GFRP Rebar. |
Top brands FRP Pultruded Products, FRP Moulded Gratings, FRP Rods, GFRP Rebars – recognized for quality and innovation in composite materials. |
Raw materials needed Polymer resins, fiberglass fibers, carbon fibers, aramids for composite manufacturing. |
Raw materials supplier Supplied by specialized chemical and fiber manufacturers in the composites industry. |
Recurring vs cyclical contribution Mostly recurring revenue from industrial orders, with some cyclical variations tied to infrastructure investments. |
Our industry position Strong domestic presence, first-mover advantages in product diversification, expanding capacity to capitalize on infrastructure growth. |
Financial highlights FY2025 Revenue: Rs. 215.31 crore; PAT: Rs. 13.34 crore; 7.8% revenue and 32% profit growth year-over-year. |
Geographical revenue split Domestic revenue Rs. 84.61 crore; international revenue Rs. 93.07 crore, showing balanced geographic exposure. |
Order book - |
Whats driving growth Rising infrastructure demand, new GFRP rebar launch, capacity expansion, export growth, and innovative composite offerings. |
Our future plans Scaling Mehsana facility to 22,000 MT capacity, strengthening product portfolio and expanding market reach in India and abroad. |
Our green promise - |
Our people and values Committed to quality, sustainability, employee safety, and fostering an inclusive workplace culture. |
Key challenges ahead Competition from conventional materials, raw material price volatility, need for continuous innovation. |
Interesting facts Shares listed on NSE EMERGE platform in 2024; implemented comprehensive corporate governance and risk management practices. |
Risks and strategy Mitigates material and market risks via diversified products, expanding manufacturing scale and adherence to compliance. |
