Kamlesh Kotak, Head of Research at AMSEC told CNBC-TV18, "AIA Engineering has been a laggard. It is a good long-term story for investor looking to have two, three years kind of an investment. The top-line for this quarter was marginally higher but the bottom line growth has been low, reason being the volume growth has been tepid because of the overall slowdown in the global mining sector. However if you see, the company continues to get very strong margin and that is something positive even in the benign environment. It has already guided for a 66 percent capacity expansion and 50 percent growth in volume over the next three years which is comforting. So, with a global opportunity, strong product profile, good margins and a healthy balance sheet, after the decline stock looks very attractive from two years' perspective."
The company's trailing 12-month (TTM) EPS was at Rs 43.95 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 23.64. The latest book value of the company is Rs 183.06 per share. At current value, the price-to-book value of the company was 5.68. The dividend yield of the company was 0.58 percent.
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