Prudence in Action.
Consistency in
Execution.
AIA Engineering’s actions are guided by a resolute commitment to prudence, backed by its expertise and experience. From product development to final delivery, AIA Engineering’s unwavering focus on precision and efficiency ensures that every task is executed seamlessly, aligned to its pursuit of consistent growth. Thus, strengthening its reputation as a reliable partner in the engineering industry.
With over five decades of expertise in providing engineering solutions, AIA Engineering has consistently demonstrated prudence in its action whether it be decision-making processes, risk assessment or any other internal controls. This has been led by a keen focus on integrating sustainability and ethical practices to build and preserve the trust of its stakeholders. Simultaneously, it leverages the strength for AIA to be at the forefront of innovation, while continuously adapting to industry trends and customer needs. AIA firmly believes that consistency is the key to success. With this belief, it pursues growth such that its present acts as a strong foundation for the future. Going ahead, AIA remains optimistic about the unlimited possibilities ahead and through the strength of its rich industry insight, technology and adaptation to market dynamics, it is poised to tap into the untapped potential and create value for all its stakeholders.
Total Income
EBITDA
Profit After Tax
Dividend Per Share
Promoters’ Holding
Workforce Strength
EBITDA: Earnings before Interest, Taxes, Depreciation and Amortisation PAT: Profit After Taxes
About
AIA Engineering
A leading provider of cutting-edge wear components and innovative solutions
Incorporated in 1991, AIA Engineering Limited (hereinafter referred to as ‘the Company’, ‘AIA’ or ‘it’) is a distinguished entity in the design, development, production, installation, and servicing of high chromium wear, corrosion, and abrasion-resistant castings. These superior products specifically serve the cement, mining, and thermal power-generating industries, highlighting the Company’s capacity to cater to diverse market demands.
Message from
the Managing Director
Our growth is a testament to our favourable conversion cycle, which presents ample room for the penetration of ferrochrome in the current market
CSR
Commitments
Our commitment to CSR is not only driven by our responsibility as a corporate citizen, but also by the recognition that sustainable practices are key to our long-term growth. We strive to ensure a resilient future for AIA and the broader communities in which we operate.
₹ 1,289.32 LAKHS IN THE FIELDS OF :
Business Responsibility &
Sustainability Report
Board of Directors
Mr. Rajendra S. Shah (Chairman)
- Mechanical engineer and industrialist with experience in finance and administration
- Chairman and Whole Time Director of Harsha Engineers International Limited
Committees Associated with:
Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee
Mr. Bhadresh K. Shah (Managing Director & Promoter)
- B. Tech Graduate in Metallurgy from the Indian Institute of Technology, Kanpur
- Over 52 years of experience in manufacturing and design of high chrome castings
- Focus on manufacturing process improvements, new product development, and adherence to international manufacturing standards
Committees Associated with:
Audit Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee, Risk Management Committee
Mr. Rajan Ramkrishna Harivallabhdas (Independent Director)
- Bachelor’s degree in Commerce and Master of Business Administration
- Experienced in textile, engineering, and chemical sectors
- Former Chairman and Managing Director of HK Finechem Limited
Committees Associated with:
Audit Committee
Mr. Yashwant M. Patel (Whole Time Director)
- Bachelors of Science in Chemistry
- Extensive experience in production, administration, human resources, and accounting
Committees Associated with:
Corporate Social Responsibility Committee, Risk Management Committee, Stakeholders Relationship Committee
Mrs. Khushali S. Solanki (Non-Executive, Non-Independent Director)
- Diploma in Hotel Management
- Wide range of experience in administration, marketing, and accounting
Committees Associated with:
Nomination & Remuneration Committee, Corporate Social Responsibility Committee, Risk Management Committee
Mrs. Bhumika S. Shodhan (Non-Executive, Non-Independent Director)
- Bachelor’s degree in Fashion Designing
- Diverse background in production, management, and administration
Committees Associated with:
Corporate Social Responsibility Committee, Risk Management Committee
Mr. Sanjay S. Majmudar (Independent Director)
- Bachelor’s in Commerce, FCA & ACS
- Expertise in corporate law, tax law, financial advisory services, and mergers and acquisitions
Committees Associated with:
Audit Committee, Nomination & Remuneration Committee, Corporate Social Responsibility Committee, Risk Management Committee
Mr. Dileep C. Choksi (Independent Director)
- B. Com, LLB, FCA and Grad. CWA
- Over 42 years of expertise as a leading Chartered Accountant and trained Lawyer
- Specialisation in tax planning, corporate restructuring, and start-ups
Committees Associated with:
Audit Committee, Nomination & Remuneration Committee, Corporate Social Responsibility Committee, Risk Management Committee
Mrs. Janaki U. Shah (Additional Director, Independent)
- Bachelor of Arts in Economics
- Over 24 years of expertise in textile manufacturing and computer education
