Airfloa Rail Technology share price today

Airfloa Rail Technology Ltd's share price was ₹455.55 at the close on 4 November 2026. It has been rising for 25 weeks. That is 16.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹250 and ₹584, and at that close it sat 61% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Airfloa Rail Technology Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 1 year the share price moved +55% while the NIFTY 500 moved −6%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For January to March 2026 (the quarter ended 31 March 2026), Airfloa Rail Technology reported revenue of ₹229 crore, up 114.0% from ₹107 crore a year earlier, and a profit of ₹27.0 crore, up 68.8% from ₹16.0 crore.

Airfloa Rail Technology results: January to March 2026 against a year earlier

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

Airfloa Rail Technology closed at ₹455.55 on 4 November 2026, up 24.0% from ₹367.25 a year earlier (7 November 2025). Its highest weekly close since September 2025 was ₹584.20 on 18 September 2026.

Airfloa Rail Technology share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

66 weekly closes from 19 September 2025 to 4 November 2026.

4 Nov 2026: Airfloa Rail Technology closed at ₹455.55, down 5.2% on the week and down 12.8% on the month. Results for January to March 2026: Revenue up 114.0% and profit up 68.8% on a year earlier.

No. Airfloa Rail Technology Ltd paid out 0% of its profit as dividends in each of its last 2 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate (as of 4 November 2026).

Airfloa Rail Technology is on one of our India lists: Momentum stocks.

Airfloa Rail Technology Ltd earned ₹27.0 Cr of net profit in the Mar 2026 quarter, +68.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹39.0 Cr. Over 1 years profit has grown 50.0% a year on average. That is 11.8% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Airfloa Rail Technology Ltd reported ₹229 Cr of revenue in the Mar 2026 quarter, +114.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 1 years it has grown 66.7% a year on average. The last full year, FY26, came in at ₹320 Cr.

Revenue is everything the company billed its customers in the period.

Recent pace: the last four quarters grew +60.5% on average, against 66.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Airfloa Rail Technology Ltd's operating margin was 18.0% in the Mar 2026 quarter, 6.0 percentage points lower than the same quarter a year ago.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 2 years it has been between 20.0% and 25.0%.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Over the last 2 years Airfloa Rail Technology Ltd's operations used more cash than they brought in, so cash conversion was −94%, a gap worth watching. In FY26 its operations used ₹57.0 Cr of cash, against ₹39.0 Cr of profit. After ₹17.0 Cr of spending on assets, free cash was −₹74.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −94% of profit came in as cash: the cash cycle got 27 days longer between FY25 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 27 days longer. The next section looks at where the cash is stuck.

Airfloa Rail Technology Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 264 days in FY26, up from 237 days in FY25. It spent ₹17.0 Cr on assets over the last 1 years. Customers take 244 days to pay, and stock sits for 125 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹320 Cr, each day of that cycle ties up about ₹0.9 Cr, so roughly ₹231 Cr is tied up in the business at any time.

FY26: customers took 244 days to pay and stock sat for 125 days, about 4.1 months of sales sitting as stock, for a full cycle of 264 days, longer than FY25's 237.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 125 days. Customers pay about 244 days after that. Suppliers are paid at 105 days. Together that makes the 264-day cycle.

Spending on assets: ₹17.0 Cr over the last 1 years, against ₹3.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Airfloa Rail Technology Ltd's P/E is 27.9×, in the middle of its own history: higher than 51% of past readings. Its usual P/E (the middle reading) is 27.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +11.6% while the price moved +24.0%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Airfloa Rail Technology Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Airfloa Rail Technology Ltd earned a ROCE of 26% in FY26. Its return on capital used (ROIC) is 3.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 12.2% net margin and 0.79× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 12.2% net margin × 0.79× asset turnover × 1.69× leverage (assets divided by equity) ≈ 16.3% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 15.4% − 12.0% = +3.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

Airfloa Rail Technology Ltd had ₹68.0 Cr of borrowings against ₹239 Cr of equity in FY26, so its debt is 0.28× its equity. Its operating profit is 7 times its interest bill. Over 1 years borrowings went from ₹60.0 Cr to ₹68.0 Cr. Over the last 1 of those years it spent ₹17.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

No group of Airfloa Rail Technology Ltd's owners changed its stake by a full percentage point over the last 3 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

For Airfloa Rail Technology Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

59.2 out of 100, rank 1 of 1 in Railway Equipment, with 43% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Airfloa Rail Technology Ltd scores 59.2 out of 100 against the 1 companies it is compared with in Railway Equipment, ranking 1. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 16.6 + 20.1 + 10 + 12.5 = 59.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Airfloa Rail Technology ranks 1 of 1 Railway Equipment companies on the 4-Factor Sector Score, with 59.2 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Mar 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Railway Equipment, all 1 compared on one page.

Airfloa Rail Technology is the only Railway Equipment company on Sector Alpha (scores of 30 October 2026), so the companies closest to it in market value across all industries are listed: Nupur Recyclers, Nelcast, Genesys International Corporation and SpiceJet.

Companies close in size in other industries

1515. Nupur Recyclers Ltd ₹1,155 crore · Trading
1516. Nelcast Ltd ₹1,153 crore · Castings, Forgings & Fastners
1517. Airfloa Rail Technology Ltd ₹1,152 crore
1518. Genesys International Corporation Ltd ₹1,144 crore · Geospatial
1519. SpiceJet Ltd ₹1,143 crore · Air Transport Service

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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