NewsEarningsAztec Fluids & Machinery Reports 41.7% Surge in Half-Year Profit, Utilizes 99.99% of IPO ProceedsAztec Fluids & Machinery Reports 41.7% Surge in Half-Year Profit, Utilizes 99.99% of IPO Proceeds
Aztec Fluids & Machinery Limited (AFML) reported a consolidated profit of Rs 422.68 crore for the half-year ended September 30, 2025, up 41.7% from the previous period. Revenue from operations increased to Rs 4,892.04 crore, a 15.5% rise. The company has utilized 99.99% of its IPO proceeds, amounting to Rs 2,411.71 crore out of Rs 2,412 crore raised. AFML's balance sheet strengthened with total assets reaching Rs 10,327.90 crore and shareholders' funds growing to Rs 5,434.78 crore.
*this image is generated using AI for illustrative purposes only.
Aztec Fluids & Machinery Limited (AFML) has reported a significant increase in its consolidated profit for the half-year ended September 30, 2025. The company's financial performance shows robust growth, with nearly complete utilization of its Initial Public Offer (IPO) proceeds.
Financial Highlights
AFML posted a consolidated profit of Rs 422.68 crore for the half-year ended September 30, 2025, marking a 41.7% increase from Rs 298.25 crore in the previous period. The company's revenue from operations rose to Rs 4,892.04 crore, up from Rs 4,235.33 crore in the preceding half-year.
| Particulars | Half-Year Ended 30/09/2025 (Rs. in crore) | Half-Year Ended 31/03/2025 (Rs. in crore) | Change (%) |
|---|---|---|---|
| Revenue from Operations | 4,892.04 | 4,235.33 | 15.5% |
| Total Revenue | 4,953.03 | 4,423.22 | 12.0% |
| Profit Before Tax | 605.25 | 400.44 | 51.1% |
| Net Profit | 422.68 | 298.25 | 41.7% |
| Earnings Per Share (Rs.) | 3.11 | 2.27 | 37.0% |
Operational Performance
The company's operational efficiency is evident from its improved profit margins. Despite a 12% increase in total revenue, AFML managed to boost its profit before tax by 51.1%, indicating effective cost management and operational optimization.
IPO Proceeds Utilization
AFML has made significant progress in utilizing its IPO proceeds. Out of the total Rs 2,412 crore raised, the company has utilized Rs 2,411.71 crore, leaving only Rs 0.29 crore unutilized. This represents a 99.99% utilization rate of the IPO funds.
The IPO proceeds were allocated as follows:
- Acquisition of equity shares of Jet Inks Private Limited: Rs 1,399.71 crore
- Repayment of certain borrowings: Rs 372 crore
- General corporate purposes: Rs 640 crore
The company stated that the remaining Rs 0.29 crore pertains to a foreign shareholder, for whom the remittance process is currently underway.
Balance Sheet Strength
As of September 30, 2025, AFML's balance sheet shows a strong financial position:
- Total assets increased to Rs 10,327.90 crore from Rs 8,880.73 crore as of March 31, 2025
- Shareholders' funds (including reserves and surplus) grew to Rs 5,434.78 crore from Rs 5,012.09 crore
Future Outlook
The substantial growth in revenue and profitability, coupled with the strategic utilization of IPO proceeds, positions AFML for potential future expansion and market opportunities. The company has not provided specific forward-looking statements at this time.
Historical Stock Returns for Aztec Fluids & Machinery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.98% | +2.06% | -1.04% | +14.09% | +25.72% | +33.10% |
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