AIA Engineering Share Price Target 2025, 2026, 2030, 2040, 2050
AIA Engineering is a global company that manufactures parts for grinding machines used in industries such as mining, cement and power plants. They are known for producing important parts like liners, grinding balls and diaphragms. Along with making these parts, it also helps customers by checking mill performance, installing equipment, and improving how machines work. The company focuses on providing good service, increasing efficiency, and protecting the environment.
- 1 What is AIA Engineering Ltd NSE: AIAENG?
- 2 Share Price Target Tomorrow
- 3 AIA Engineering Share price Target 2025
- 4 AIA Engineering Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 AIA Engineering share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy AIA Engineering stock?
- 12 AIA Engineering earnings results
- 13 Is AIA Engineering stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is AIA Engineering Ltd NSE: AIAENG?
AIA Engineering was established in 1979 and is situated in Ahmedabad, India. The company makes mill parts like diaphragms, grinding balls and liners, which are mainly used in the cement, power industries and mining. These products help improve the efficiency and lifespan of machinery used for grinding. It helps industries worldwide by reducing downtime and improving mill performance. It does business with over 50 countries in the world.
The company has shown a very strong bullish move after reaching its all time high price. The stock fallen and then it took support, the stock moved in a range. So if you want to buy this stock, you should wait to break the range formed in daily time frame and let the stock make some high er high swings to get more confirmation for bullish move.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -34 | +107 |
It is a financially healthy company that makes good profits and has almost no debt, which makes it stable and reliable. But it is facing some problems like slow growth in sales and a recent drop in earnings. Even though it is one of the top companies in its field and makes a good profit from its business, its high stock price and recent fall in share value show that investors are being careful. Overall, the company is strong but is having some trouble growing at the moment, but these are normal for the short term. For long-term investment, the fundamentals of the company are very strong, and you could think of investing in it at your own risk. In 2025, its share price target would be ₹4790, as per our analysis.
By our prediction, its share price would be between ₹2833 to ₹4790 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 2833 | 4790 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3275 | 3717 |
February | 3105 | 3774 |
March | 3093 | 3460 |
April | 3027 | 3360 |
May | 3080 | 3620 |
June | 3200 | 3550 |
July | 3160 | 3540 |
August | 2833 | 4125 |
September | 2847 | 4375 |
October | 2958 | 4523 |
November | 3163 | 4637 |
December | 3837 | 4790 |
Earlier, its name was Magotteaux (India). At that time, Ahmedabad Induction Alloys Private Limited was started by Mr. Bhadresh K. Shah. In 1991, this company merged with AIA Engineering, which helped it grow into a major manufacturing company. Over time, the company changed its name several times. These changes show how the company grew and made important decisions to partner with others. It mainly makes various parts that are used in grinding and crushing materials. These parts are important for industries like cement, mining, power plants, and aggregates. In 2026, its share price target would be ₹6749, as per our prediction.
Its share price would be between ₹4452 to ₹6749 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 4452 | 6749 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 4452 | 5071 |
February | 4780 | 5125 |
March | 4890 | 5341 |
April | 4633 | 5547 |
May | 4785 | 5730 |
June | 4932 | 5890 |
July | 5032 | 5990 |
August | 5123 | 6034 |
September | 5234 | 6142 |
October | 5452 | 6351 |
November | 5752 | 6537 |
December | 6124 | 6749 |
The company has grown a lot over the years by improving its technology and increasing its production. It first partnered with Southwestern Corporation from the USA, and later with Alstom to improve machines used in power plants. It also got bigger by buying other companies, like Grey Cast Foundry Works and part of Centricast Enterprises. The company kept growing by building more factories and buying more businesses, including Vega UK and companies in Canada and Chile. In 2027, its share price target would be ₹8654, as per our analysis.
By our prediction, its share price would be between ₹6315 to ₹8654 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 6315 | 8654 |
By the time it has grown a lot, it builds new factories, starts smart projects, and improves how it works. In the 2000s, the company set up new factories in Moraiya, Ahmedabad, which helped increase production for both India and other countries. It also built a new plant to make grinding media, which are important parts used in machines at factories. These steps showed it goal to become a leading company in its field worldwide. In 2028, its share price target would be ₹10540, as per our prediction.
Its share price would be between ₹8125 to ₹10540 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 8125 | 10540 |
In the last few years, it has started new work and entered new areas. In the 2020s, the company started using clean energy by setting up wind turbines and hybrid energy projects. It buys companies in South America, Australia, and the Middle East. In 2022, it bought a part of another clean energy company called Clean Max Meridius Private Limited. That same year, it opened a new factory to make mining liners, which are used in big machines for mining. In 2029, its share price target would be ₹12540, as per our analysis.
By our prediction, its share price would be between ₹10125 to ₹12540 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 10125 | 12540 |
It increased its energy supply by starting new wind and solar power projects. The company is trying to grow its clean energy work. It also increased its casting production and bought other companies, like Vega Industries Peru and Vega Industries Limited in the USA. These steps are helping it to grow in different areas. It is getting ready for the future and new opportunities. In 2030, its share price target would be ₹14582, as per our prediction.
Its share price would be between ₹12210 to ₹14582 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 12210 | 14582 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 12210 | 12862 |
February | 12458 | 13120 |
March | 12647 | 13259 |
April | 12785 | 13523 |
May | 12962 | 13684 |
June | 12900 | 13785 |
July | 13090 | 13921 |
August | 13145 | 14000 |
September | 13425 | 14126 |
October | 13756 | 14285 |
November | 13860 | 14389 |
December | 13900 | 14582 |
To support clean energy, it partnered with Clean Max Meridius to use renewable energy in its work. In the beginning, it worked with global companies like Southwestern Corporation and Alstom, which helped it learn new technology and improve its products, especially for grinding and power plants. All these steps show that it has grown by building new things, working with other companies, using better technology, and focusing more on clean and smart solutions for the future. In 2040, its share price target would be ₹28001, as per our analysis.
By our prediction, its share price would be between ₹26062 to ₹28001 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 26062 | 28001 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 26062 | 26752 |
February | 26254 | 26890 |
March | 26421 | 27120 |
April | 26652 | 27236 |
May | 26850 | 27400 |
June | 26810 | 27442 |
July | 26932 | 27560 |
August | 27000 | 27689 |
September | 27251 | 27830 |
October | 27368 | 27956 |
November | 27524 | 28124 |
December | 27680 | 28275 |
It earns steady money, its profits are growing, and it owns more valuable assets. The company also gives back to its shareholders by buying its shares and paying dividends. This shows that it is well-run, financially strong, and focused on growing the company. In 2050, its share price target would be ₹45936, as per our prediction.
Its share price would be between ₹43836 to ₹45936 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 43836 | 45936 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 43836 | 44301 |
February | 43990 | 44456 |
March | 44125 | 44652 |
April | 44253 | 44780 |
May | 44200 | 44832 |
June | 44258 | 44980 |
July | 44356 | 45102 |
August | 44521 | 45235 |
September | 44652 | 45451 |
October | 44756 | 45569 |
November | 45125 | 45721 |
December | 45356 | 45936 |
Should I buy AIA Engineering stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 2833 | 4790 |
2026 | 4452 | 6749 |
2027 | 6315 | 8654 |
2028 | 8125 | 10540 |
2029 | 10125 | 12540 |
2030 | 12210 | 14582 |
2040 | 26062 | 28001 |
2050 | 43836 | 45936 |
It is a strong company that makes important machine parts for different industries and sells them to many countries; it has very little debt, earns good profits, and keeps growing by using better technology and clean energy, which makes it a good choice for long-term investment, but because its sales have slowed down recently and it’s taking longer to get payments from customers, the stock might go up and down in the short term, so it’s better to wait for signs that the price is going up steadily before buying.
AIA Engineering earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 2,970 | 2,881 | 3,567 | 4,909 | 4,854 | 4,287 |
Expenses + | 2,285 | 2,220 | 2,841 | 3,663 | 3,513 | 3,138 |
Operating Profit | 685 | 661 | 726 | 1,245 | 1,340 | 1,149 |
OPM % | 23% | 23% | 20% | 25% | 28% | 27% |
Other Income + | 142 | 170 | 156 | 235 | 281 | 343 |
Interest | 10 | 8 | 8 | 25 | 33 | 21 |
Depreciation | 98 | 94 | 92 | 93 | 100 | 103 |
Profit before tax | 719 | 730 | 781 | 1,362 | 1,488 | 1,368 |
Tax % | 18% | 22% | 21% | 22% | 24% | 23% |
Net Profit + | 590 | 566 | 620 | 1,056 | 1,137 | 1,060 |
EPS in Rs | 62.59 | 60.02 | 65.70 | 111.95 | 120.39 | 112.46 |
Dividend Payout % | 43% | 15% | 14% | 14% | 13% | 14% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
30.18 | 4.80 | 0.47% | 38.95 | 6.47 | 0.59% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
AIA Engineering Ltd | 30.18 | 4.80 | 0.47% |
Cummins India Ltd | 48.77 | 14.75 | 1.46% |
Thermax Limited | 60.97 | 7.83 | 0.41% |
Timken India Ltd | 56.40 | 10.44 | 1.07% |
Is AIA Engineering stock good to buy? (bull case & bear case)

Bull Case:
- The company has very little debt.
- It earns good returns for shareholders.
- It keeps 86% of its profits to grow the business.
- It turns 58 of operating profit (EBIT) into free cash.
- Analysts believe the stock could go up by 10 to 20%.
- Its profits have grown at 17 to 19% every year over the long term.
Bear Case:
- Sales have grown slowly, only 7.62% over the past five years.
- The time taken to collect payments and manage inventory has gone up from 263 days to 485 days.
- In Q3 FY24, revenue dropped by 4.7 per cent compared to last year.
- Profit after tax in Q3 FY24 fell by 20 per cent compared to last year.
Conclusion
It is a strong company having almost no debt and makes good profits. It makes important machine parts for industries like mining, cement, and power, and sells them in over 50 countries. The company has grown over the years by using better technology, saving energy, and building new factories. Recently, its sales have slowed down, and it is taking longer to get paid by customers, which could be a concern. But overall, the company is doing well and can be a good long-term investment if you are okay with short-term ups and downs.