Aimtron Electronics Reports 85% Revenue Growth in Q1 FY26

Aimtron Electronics Ltd, founded in 2011, offers comprehensive Electronics System Design and Manufacturing (ESDM) solutions, including PCB design, assembly, and full systems manufacturing, serving various sectors with customized solutions, supporting clients from design to turnkey production. We are pleased to present the following business update for Q1 FY 2025-26.

Financial Performance & Growth

1. Aimtron saw significant growth, with an approximately 85% year-on-year increase in total revenue to approximately INR 43.30 crore.
2. The company's open order book also surged by 222% year-on-year to INR 419.50 crore
3. Of the new orders, 80% came from domestic clients and 20% from the USA. These orders are broken down by type as 63% Box-Build, 35% PCBA, and 2% Design.
4. Growth was driven by robust demand across the Network Security, Green energy, Industrial, IoT, and AI sectors.
5. Key ODM and box build projects were primary drivers of this performance.

Strategic & Operational Milestones

1. Successfully completed Stage I of the AS9100 audit, with Stage II scheduled for August 2025.
2. This certification is crucial for securing high-value aerospace and defence contracts.
3. A new SMT line will integrate advanced AI-powered inspection capabilities to enhance efficiency.

Expansion & Capabilities

1. Launched a greenfield expansion adjacent to the Vadodara plant for long-term growth.
2. This strategic location leverages local logistics, talent, and Gujarat's favourable industrial policies.
3. The new capacity will aid incremental capacity for future growth.
4. Certified facilities in Vadodara and Bengaluru boast five SMT lines and five box build lines.
5. Operations are governed by top-tier certifications, including ISO 13485, ISO 14001, ISO 9001, and IATF 16949.

Recent successful fund raise of preferential shares through warrants (awaiting shareholder approval at ensuing extra ordinary general meeting and in principle approval from NSE)

1. The company recently received tremendous response to its preferential fund raise through the warrants route. The fund raise was to the tune of approximately Rs 98.50 crore raising approximately 14,47,188 warrants at Rs 680.64 per share and will be used for growth capital.
2. Nearly 69 investors participated in this fund raise of which the promoters and its employees participated to the extent of approximately 18.5% of the fund raise, over and above external investors.

Chairman's Message

Chairman Mukesh Jeram Vasani : "Our strong growth trajectory underscores Aimtron’s strategic vision, operational strength, and dedication to meeting complex global needs with agility and unparalleled precision. Our growing order book, the strong growth being portrayed in our revenue growth and the planned capacity expansion are all aimed towards achieving our targeted growth for FY26 and beyond. We also thank all investors who showed tremendous response to our fund raise trusting our ability to "