Aeroflex Industries

What Aeroflex Industries does

Aeroflex Industries Limited is an India-based, publicly listed (NSE: AEROFLEX; listed August 31, 2023) manufacturer of metallic flexible flow solutions serving industrial B2B customers globally. The company produces corrugated stainless steel hoses (AISI 304, 321, 316, 316L grades), composite hoses for hydrocarbons and chemicals, PTFE/Teflon hoses (smooth bore and convoluted), double interlock and interlock metal hoses, high-pressure hoses rated up to 2800 bar, stainless steel hose assemblies, and metal expansion joints (single, double, universal, hinged, gimbal, and pressure-balanced). Products operate across extreme temperature ranges (-230°C to +700°C) and pressure ratings, serving oil & gas, petrochemicals, steel, power, defense, chemicals, food, pharma, and emerging data center/AI infrastructure segments. The company operates three manufacturing facilities in Maharashtra (Navi Mumbai, Thane, Pune) and a sales office in Mumbai, exporting to 90+ countries.

The company generates revenue primarily through engineered-to-order hardware sales via direct B2B engagement with industrial OEMs, EPC contractors, and large industrial clients, using a quote-based pricing model. Marketing channels include the corporate website with 'Request a Quote' functionality, international exhibitions, technical documentation, and the Aero Pulse newsletter. FY26 consolidated revenue reached Rs 441.94 crore (up 17.47% YoY) with consolidated net profit of Rs 55.53 crore; Q4 FY26 net profit rose 57.01% YoY and operating margin expanded to 23.86%. Notable customers include Indian Oil, BHEL, Bharat Electronics, Welspun Steel, Kirloskar, Pidilite, Endress+Hauser, and others.

The most significant recent strategic pivot is the company's expansion into AI data center liquid cooling via Secondary Fluid Network (SFN) skid assemblies, supported by a five-year exclusive supply contract with a US-based multinational. Capacity is scaling from 6,000 to 15,000 skid assemblies annually by Q2FY27, with a peak revenue potential of Rs 300-350 crore from this vertical. Supporting moves include the March 2025 acquisition of Hyd-Air Engineering Private Limited as a wholly-owned subsidiary to strengthen engineering capabilities, and a February 2026 Rs 55 crore preferential allotment to non-promoter investors including Ashish Kacholia and Bengal Finance. The promoter group holds approximately 66.99% (Sat Industries 61.23% + Italica Global 5.76%), with shares gaining 62% in FY27 on the AI data center narrative.

Name

Aeroflex Industries

Legal name

Aeroflex Industries Limited

Website

http://www.aeroflexindia.com/

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Aeroflex Industries Limited is an India-based public manufacturer of metallic flexible flow solutions — stainless steel corrugated hoses, composite hoses, PTFE hoses, and expansion joints — serving industrial OEMs and EPC contractors across oil & gas, steel, power, defense, and AI data center cooling segments globally.

Ownership category

akta.pro rank

Product category

Industrial Flexible Flow Solutions

NAICS

Other General Purpose Machinery Manufacturing (3339)

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA)

akta.pro secondary industries

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG), Automotive Refrigerant Lines, Hoses & Thermal Plumbing (IMACALAG)

Keywords

• Metallic flexible hoses
• Stainless steel hoses
• Metal expansion joints
• PTFE industrial hoses
• Data center liquid cooling

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flexible Flow Solutions Products: Aeroflex generates revenue primarily from manufacturing and selling metallic flexible flow solutions including corrugated stainless steel hoses, composite hoses, PTFE hoses, expansion joints, and hose assemblies to industrial customers. FY26 consolidated revenue was Rs 441.94 crore, with Q4 FY26 consolidated revenue of Rs 125.84 crore.
2. Data Center and AI Infrastructure Solutions: New revenue stream from skid assemblies and liquid cooling solutions for AI data centers, with a five-year exclusive contract with a US-based multinational. Targeting Rs 300-350 crore revenue potential at peak utilization from this vertical.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Aeroflex Industries manufactures metallic flexible flow solutions including corrugated stainless steel hoses, braided stainless steel hoses, composite hoses, PTFE/Teflon hoses, double interlock and interlock metal hoses, high-pressure hoses, stainless steel hose assemblies, and metal expansion joints for industrial fluid and gas transfer applications. The company has expanded into Secondary Fluid Network (SFN) skid assemblies for liquid cooling of AI-driven data centers, supported by a five-year exclusive contract with a US-based multinational.

Product overview

Aeroflex Industries is a manufacturer of metallic flexible flow solutions, producing a comprehensive portfolio of industrial hose products and flow control components. The core product line includes corrugated stainless steel hoses (various series A100 through A1000), braided hoses, composite hoses for hydrocarbon and chemical applications, PTFE/Teflon hoses, double interlock and interlock hoses, and high-pressure hoses rated up to 2800 bar. Complementary products include stainless steel hose assemblies with various end fittings, metal expansion joints (single, double, universal, hinged, gimbal, and pressure-balanced types), and fittings/end connections in multiple materials. The company also offers specialized products including gas hoses for commercial kitchens and natural gas applications, and solar/boiler hoses. Recent strategic expansion includes SFN (Secondary Fluid Network) liquid cooling solutions for AI data centre infrastructure, with skid assembly capacity scaling from 6,000 to 15,000 units, supported by a five-year exclusive contract with a US-based multinational. Products serve diverse industries including Oil & Gas, Petrochemicals, Steel, Power, Railways, Marine, Pharma, Food Processing, Data Centers, and Infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Corrugated Stainless Steel Hose Flexible metallic hoses with corrugated construction in stainless steel grades AISI 304, 321, 316 and 316L, used for critical industrial fluid and gas transfer across extreme temperature ranges.
• Corrugated Stainless Steel Hose with Braid (A100 & A200 Series) Braided corrugated stainless steel hoses that prevent longitudinal expansion and increase internal pressure strength, available in single or double braid A100 and A200 series configurations.
• Double Interlock Flexible Metal Hoses (A1201, A1202, A1203 Series) Mechanically interlocked metal strip hoses with two profiled lock sections, designed for medium pressure applications and available in stainless steel, aluminium, and copper coated steel.
• Composite Hose (GGE, AAE, EGE, SST, SGT, SGE, SSE Constructions) Mandrel-based composite hoses for hydrocarbon and chemical applications, offered in multiple construction variants (GGE, AAE, EGE, SST, SGT, SGE, SSE) for efficient transfer of various industrial fluids.
• PTFE/Teflon Hose (Smooth Bore & Convoluted) Polytetrafluoroethylene flexible hoses for chemical resistance and high purity applications, available in smooth bore and convoluted configurations.
• Stainless Steel Hose Assemblies Complete stainless steel hose assemblies including industrial assemblies, pump connectors (flanged and threaded), seismic and vibration connectors, vacuum hose assemblies, and jacketed assemblies.
• High Pressure Hose Heavy-wall, hydro-formed, corrosion-resistant flexible hoses capable of withstanding working pressures up to 2800 bar (40,000 psi) and temperatures from 40°F to 250°F.
• Interlock Hose A1200 Helically coiled metallic strip hose mechanically locked with adjacent edges, used in medium pressure applications (15-20 PSI) and can withstand temperatures up to 800°C.
• Gas Hose Commercial gas hoses for natural gas and liquid propane applications, constructed from corrosion-resistant stainless steel with polyolefin shrink covering for fire resistance.
• Solar Hose / Boiler Hose Stainless steel 316L hoses for solar thermal panel connections and boiler systems, designed for hot water transport with thermal expansion accommodation.
• Fitting/End Connection Butt weld and flanged fittings available in mild steel, carbon steel, stainless steel, brass, gunmetal, and rolled bronze, meeting IS, DIN, ANSI/ASA standards for industrial hose assemblies.
• Metal Expansion Joints (Single, Double, Universal, Hinged, Gimbal, Pressure Balanced) Bellows and expansion joints using hydro and elastomer forming techniques for accommodating thermal expansion and vibration in industrial piping systems, offered in single, double, universal, hinged, gimbal, and pressure-balanced configurations.
• SFN - Secondary Fluid Network for Data Centre Liquid Cooling Liquid cooling skid assemblies (Secondary Fluid Network) for AI-driven data centers, providing thermal management for high-density computing infrastructure under a five-year exclusive supply arrangement with a US-based multinational in India.

Quantifiable outcome

• FY26 consolidated revenue of Rs 441.94 crore, up 17.47% YoY
• +3 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• US-based Multinational (Data Center Cooling)flagshipStrategic or Co-development Partner · 15 April 2026Five-year exclusive contract to supply liquid cooling systems for AI-driven data centers in India. This strategic partnership supports Aeroflex's expansion into the high-growth AI infrastructure cooling market with planned capacity of 15,000 skid assembly units annually.
• Hyd-Air Engineering Private LimitedcoreTechnology or Integration · 7 January 2026Wholly-owned subsidiary of Aeroflex Industries acquired to strengthen the company's engineering capabilities and product offerings. The subsidiary was acquired during FY24-25 period.

Scale indicators10 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Parker Hannifin: Global leader in motion and control technologies with a substantial flexible hose, fittings, and fluid handling product portfolio. Directly comparable as a broad-line industrial flexible hose and fluid connector manufacturer serving oil & gas, chemical, aerospace, and industrial OEM customers.
• Witzenmann: German specialist in metallic flexible elements including metal hoses, expansion joints, and pipe compensation systems. Closely comparable niche manufacturer of flexible metallic flow solutions serving similar industrial applications with overlapping product technology.
• Senior plc: UK-listed engineered solutions provider with a Flexion division that manufactures metallic flexible hose and expansion joints. Direct peer in flexible flow solutions serving aerospace, industrial, and energy markets with comparable product technology.
• Swagelok Company: Private US manufacturer of fluid system components including hoses, fittings, valves, and regulators. Comparable as a specialized direct peer in engineered fluid handling components for industrial process, oil & gas, and chemical applications.
• Hose Master: US-based manufacturer specializing in corrugated metal hose, strip wound interlock hose, and metallic expansion joints. Closely comparable as a niche flexible metal hose specialist with similar product range and target applications.
• Metalflex: Italian manufacturer of flexible metallic hoses and expansion joints for industrial applications. Direct peer in flexible metal hose manufacturing with overlapping product categories and serving similar oil & gas, chemical, and industrial markets.

Broad incumbents

• Eaton Corporation: Diversified power management company with a significant Industrial Fluid Power and Hose & Connectors division. Comparable as a broad incumbent in industrial fluid handling with overlapping hose, fittings, and connector product lines serving similar end-markets.
• Vertiv Holdings: Global provider of critical digital infrastructure and continuity solutions including data center cooling. Comparable as a broader incumbent in the data center thermal management space where Aeroflex is building its liquid cooling skid business.

Emerging players

• CoolIT Systems: Specialized liquid cooling solutions provider for AI and high-performance computing data centers. Comparable as an emerging player in the same liquid cooling skid market that Aeroflex has entered via its five-year exclusive contract.

Regional players

• Kirloskar Pneumatic Company: Indian manufacturer of pneumatic tools, compressors, and engineered industrial equipment. Comparable as a regional Indian industrial equipment manufacturer serving overlapping industrial OEM customers and channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aeroflex-industries-limited

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aeroflex Industries