Is Aztec Fluids and Machinery the Best Stock in Its Sector? A Look at the Numbers
- October 22, 2026
- Posted by: Kunal Singla
- Category: Market
Aztec Fluids and Machinery CMP Rs 101 (22 Oct 2026). Market cap Rs 137 Cr. ROE 12.88%. P/E 18.53x versus Industry P/E 22.60x.
Quick Answer
Aztec Fluids and Machinery is one of the names investors compare when screening the Coding and Marking Equipment sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.
Is Aztec Fluids and Machinery the best stock in its sector? The stock trades on the BSE at Rs 101 as of 22 October 2026, within its 52-week range of Rs 83.00 to Rs 128.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.
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About Aztec Fluids and Machinery
Aztec Fluids and Machinery Ltd manufactures printers and trades inks, and company information says it was incorporated in 2010. Company information describes a provider of coding and marking solutions in India that offers equipment for printing variable information on products and packaging materials, along with printers, printer consumables and spares for diverse industries. At a market capitalisation of Rs 137 Cr, it is tracked as part of the Coding and Marking Equipment sector on Univest.
Is Aztec Fluids and Machinery the Best Stock in Its Sector?
Aztec Fluids and Machinery makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. Aztec Fluids and Machinery’s 18.53x P/E is below the 22.60x Industry P/E, Elgi Equipments at 40.61x and Ingersoll Rand (India) at 48.62x, while its 12.88% ROE is lower than Elgi Equipments at 19.28% and Ingersoll Rand (India) at 41.58%, and its debt to equity ratio of 0.29 is above Elgi Equipments at 0.24 and Ingersoll Rand (India) at 0.01.
| Metric | Aztec Fluids and Machinery |
|---|---|
| CMP (BSE) | Rs 101.00 |
| 52-Week High / Low | Rs 128.00 / Rs 83.00 |
| Market Cap | Rs 137 Cr |
| P/E (TTM) vs Industry P/E | 18.53x vs 22.60x |
| P/B | 2.39 |
| ROE | 12.88% |
| EPS (TTM) | Rs 5.45 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.29 |
Compare Aztec Fluids and Machinery Against Other Coding and Marking Equipment Sector Stocks
How Aztec Fluids and Machinery Compares Against Its Coding and Marking Equipment Sector Peers
The table below sets Aztec Fluids and Machinery against 2 other Coding and Marking Equipment sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Aztec Fluids and Machinery | 137 | 18.53 | 12.88% | 0.29 |
| Elgi Equipments | 18,186 | 40.61 | 19.28% | 0.24 |
| Ingersoll Rand (India) | 13,006 | 48.62 | 41.58% | 0.01 |
| Peer average (2 companies) | – | 44.61 | 30.43% | 0.12 |
Measured against the peer averages, Aztec Fluids and Machinery’s P/E is 58 percent below the 44.61x average, and its ROE is 17.55 percentage points below the 30.43% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.
What Makes Aztec Fluids and Machinery Worth Watching in Coding and Marking Equipment
- Scale: At Rs 137 Cr, its market capitalisation is smaller than Elgi Equipments (Rs 18,186 Cr) and Ingersoll Rand (India) (Rs 13,006 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
- Sector drivers: Demand for coding and marking equipment from packaged goods makers, and recurring sales of consumables and spares, drive revenue and margins.
- Key risk: Equipment sales follow customers’ capital spending, while consumables bring steadier income but invite competition. Trading in the share is thin, so prices can swing on small volumes.
Aztec Fluids and Machinery Valuation: Is It Justified?
At a P/B ratio of 2.39, the market pays about Rs 2.39 for every rupee of book value, and the EPS (TTM) of Rs 5.45 is the earnings base behind the P/E. The stock trades about 21 percent below its 52-week high and about 22 percent above its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track Aztec Fluids and Machinery and other Coding and Marking Equipment sector stocks.
How to Track Aztec Fluids and Machinery Before You Invest
Before deciding whether Aztec Fluids and Machinery deserves its label as the best stock in its sector for your own portfolio, compare it directly against Coding and Marking Equipment sector peers using the steps below.
- Open the Univest Screener and search for Aztec Fluids and Machinery to view live price, valuation ratios, and peer comparisons within the Coding and Marking Equipment sector.
- Compare its P/E, P/B, and ROE against other Coding and Marking Equipment sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Aztec Fluids and Machinery gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Coding and Marking Equipment depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Aztec Fluids and Machinery the best stock in its sector?
Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Aztec Fluids and Machinery has a 12.88% ROE and trades at 18.53x P/E against a 22.60x Industry P/E. Against the 2 peers compared in this article, its ROE is below the 30.43% peer average and its P/E is below the 44.61x peer average. Its debt to equity ratio of 0.29 is above the 0.12 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.
What is the current share price of Aztec Fluids and Machinery?
Ans. Aztec Fluids and Machinery was trading at Rs 101.00 on the BSE as of 22 October 2026, and its 52-week range runs from Rs 83.00 to Rs 128.00. That leaves the share price 21 percent short of the 52-week high and 22 percent clear of the 52-week low. Its market capitalisation is Rs 137 Cr and its EPS (TTM) is Rs 5.45, which is the earnings figure behind the 18.53x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.
What sector does Aztec Fluids and Machinery belong to?
Ans. Aztec Fluids and Machinery is classified under the Coding and Marking Equipment sector on Univest, and that group of listed companies is the reference point for the 22.60x Industry P/E used in this article. The 2 named peers compared here are Elgi Equipments and Ingersoll Rand (India), chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Coding and Marking Equipment sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.
How does Aztec Fluids and Machinery compare to its sector peers on P/E?
Ans. Aztec Fluids and Machinery’s P/E of 18.53x is below the 44.61x average of the 2 named peers, with Elgi Equipments at 40.61x and Ingersoll Rand (India) at 48.62x. It also sits below the 22.60x Industry P/E, which is the benchmark for the wider Coding and Marking Equipment sector. A P/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 2.39 gives one more view of how the market values its book value.
What is Aztec Fluids and Machinery’s return on equity?
Ans. Aztec Fluids and Machinery reported a return on equity of 12.88%, which is below the 30.43% average of its named peers, with Elgi Equipments at 19.28% and Ingersoll Rand (India) at 41.58%. ROE shows how much profit a company generates on every rupee of shareholders’ equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.29 against a peer average of 0.12. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.
Should I invest in Aztec Fluids and Machinery based on its sector position?
Ans. Sector position is only one input into an investment decision. Aztec Fluids and Machinery has a 12.88% ROE and a 18.53x P/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.
