> Patels Airtemp (India) Ltd.
> CMP : 698
> KEY Parameters :
Mcap 375 Cr.
PE 21.4
YoY Sales Growth 37%
Growth Potential 45% Base on Order book
> About :
Patels Airtemp (India) Limited is an India-based company specializing in the manufacturing and sale of Heat Exchangers, Pressure Vessels, and HVAC projects. They provide a wide range of products to industries such as Power Projects, Refineries, and Pharmaceuticals in India and beyond.
> Why Potential :
> India has installed Nuclear Power Capacity of 7,480 MW, which is to increase to 22,480 MW by 2031
> Patels Airtemp was the third organisation in India to get N-Stamp authorisation to serve Nuclear Power Industry.
> Excellent results Q1FY25
> orders of 312Cr & growing
> Capex in place, non-profitable US subsidiary closed
> No pledge, low debt
> Niche area of Heat exchanger, pressure vessels, HVAC projects, process equipment for Industrial, oil&gas, nuclear.
> www.aasthafintech.com
