Aimtron Electronics: Powering Ahead with Record H1 FY26 Performance

Aimtron Electronics Limited, a prominent player in the Electronics System Design and Manufacturing (ESDM) sector, has reported a stellar performance for the first half of fiscal year 2026 (H1 FY26). The company's financial results underscore its robust growth trajectory and strategic execution, positioning it as a significant force in the global ODM landscape. With a strong emphasis on innovation, integration, and impact, Aimtron is not just growing; it is transforming the electronics manufacturing ecosystem.

For H1 FY26, Aimtron's revenue from operations surged by an impressive 112.5% year-on-year, reaching 122.58 crore. This significant top-line growth was complemented by strong profitability metrics, with EBITDA climbing 104.8% to 30.11 crore and Profit After Tax (PAT) increasing by 81.4% to 20.29 crore. The company's Earnings Per Share (EPS) for the period stood at 9.94. This performance reflects effective operational efficiency and disciplined working capital management, despite a slight dip in EBITDA and Net Profit margins compared to H1 FY25, primarily due to a higher contribution from box-build projects.

Aimtron's order book stands at a record-breaking 463.9 crore as of September 30, 2025, representing approximately three times its FY25 revenue. This robust order pipeline provides multi-year visibility and global scalability. Key wins include a 97.55 crore ODM contract from a leading US infrastructure firm and a 46 crore domestic order for 50,000 AI/IIoT box-build units. The company's strategic expansion across diverse sectors such as Telecom, AI, IoT, EV, Aerospace & Defence is clearly yielding results.

Financial Highlights (Consolidated - H1 FY26)

Strategic Expansion and Operational Excellence

Aimtron is not just focused on current performance but is actively building for the future. The company is constructing a new 3-acre greenfield facility in Vadodara, which will feature six state-of-the-art SMT lines and a dedicated ODM R&D zone, expected to be operational by August 2025. This expansion aims to add 500 crore in capacity, enabling the company to achieve 1,000 crore in revenue from this facility alone. Additionally, a new SMT line with AI inspection capabilities will be inaugurated by November 2025, enhancing efficiency and output significantly.

Geographical expansion is a key pillar of Aimtron's strategy. The company established Aimtron Mechatronics Pvt Ltd in India (September 2025) for system integration and box-build, and Aimtron Electronics LLC in Texas, USA (January 2025), to access the North American market. A remote sales office in Germany (November 2024) marks its entry into European markets. These initiatives are designed to create strategic capacity and a global footprint, underpinning Aimtron's transformation into a global ODM powerhouse.

Diversified Revenue Streams and Market Leadership

Aimtron's revenue breakdown for H1 FY26 highlights its diversified business model. Product-wise, PCBA contributed 64.1% of revenue, followed by Box-Build at 34.7%, and End-to-End Solutions at 1.2%. Geographically, India remains the largest contributor at 64.1%, with North America at 14.1%, USA at 12.9%, Spain at 2.7%, Australia at 4.5%, and other regions at 1.7%. The company's industry-wise split shows Industrial at 36.1%, IoT & Robotics at 27.7%, Telecom & Network Security at 16.7%, BMS & Automotive at 8.0%, MedTech at 7.0%, and others at 4.6%.

Segment-wise Revenue Contribution (H1 FY26)

Outlook and Investor Confidence

Management has provided a positive outlook, guiding for a 40-50% CAGR year-on-year, with expectations to surpass this. EBITDA and PAT margins are projected to remain sustainable at around 20% and 15% respectively. The company's debt-free status as of September 30, 2025, and its comprehensive global certifications, including AS9100D for aerospace and defence, further bolster investor confidence. Aimtron's proactive approach to market trends, technological shifts, and regulatory changes positions it as a thought leader in the ESDM industry.

Aimtron's H1 FY26 performance is a clear indicator of its strategic clarity, disciplined execution, and robust growth potential. The company's continuous investment in capacity, technology, and global presence, coupled with a strong order book, sets the stage for sustained growth and enhanced shareholder value in the coming years. Aimtron is not merely reacting to market demands but actively shaping the future of electronics manufacturing.