AIA Engineering Limited — Investor Meet, 10-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

AIA Engineering reported Q2 & H1 FY26 financial results, with Q2 revenue at Rs. 1,029 Cr, EBITDA Rs. 395 Cr, and PAT Rs. 277 Cr. H1 volumes reached 123,000 tons, with average realization at Rs. 163 per kilo. Current EBITDA margins of 28.3% exceed sustainable guidance due to a favorable product mix. Management announced a significant 18-month contract win in Chile (avg. 15,000 tons/year), marking a breakthrough for hi-chrome grinding media in the South American copper market. Outcomes from advanced trials at two large mines are expected by Feb 2026, potentially driving substantial growth. A minimum of 30,000 tons+ annual volume growth is targeted from FY27, fueled by their unique liner-plus-grinding-media solution. The outlook is confident regarding market penetration.