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AIA manufactures high-chrome grinding media, liners and diaphragms, collectively known as mill internals. These are used for crushing and grinding operations in the cement, power utility & aggregates and mining industries.
AIA Engineering delivered strong FY26 results: consolidated revenue ₹4419.86 Cr, profit ₹1268.93 Cr. Board proposed ₹16/share dividend. MD reappointed. Increased Vega MPS stake to 70% for ~₹31 Cr. US duties on grinding media effective.
AIA Engineering reports FY26 consolidated revenue of ₹4419.86 Cr and profit of ₹1268.93 Cr. Board announced a ₹16/share (800%) dividend for FY26. Mr. Bhadresh K. Shah reappointed as MD. Subsidiary Welcast Steels closed factory, incurring ₹3.28 Cr compensation.
AIA Eng's subsidiary boosted its VMPS stake to 70% by acquiring an additional 14% for AUD 5,639,184. This strategic move reinforces its core Mining Liner Business, strengthening design and supply capabilities.
AIA Engineering secured an ESG score of 54 from CRISIL, signaling its performance in environmental, social, and governance aspects. This is key for sustainability-focused investors.