Aequs Limited share price
NSE: AEQUS · ISIN INE947N01017
Key numbers
- Market cap
- ₹ 16,113 Cr
- Current price
- ₹ 246.05
- 52-week high / low
- ₹ 274 / 113
- Stock P/E
- -
- Book value
- ₹ 24.6
- Dividend yield
- 0.00%
- ROCE
- -0.2%
- ROE
- -10.3%
- Debt to equity
- 0.47
- Sales growth (3 yrs)
- 14.8%
- Profit growth (3 yrs)
- -
- 1-year return
- -
About Aequs Limited
Aequs Limited, a contract manufacturing company, engages in the provision of integrated products solutions in India, the United States of America, France, Hong Kong, Sweden, United Kingdom, Germany, and internationally. It operates through Aerospace and Consumer segments. The company operates a fully vertically integrated aerospace manufacturing value chain that offers end-to-end manufacturing and integration solutions, such as forging, precision machining, surface engineering, and aero structure assembly. It also manufactures aluminum non-stick and ceramic coating cookware, triply cookware and triply cooker, kitchenware and houseware including cookware, bakeware utensils, cutlery and cutting boards; consumer electronic products comprising of components for portable computers and smart devices; as well as plastic products such as outdoor games/darts, toy vehicles, figures, dolls, role play toys and STEM toys. The company was incorporated in 2000 and is based in Belagavi, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 256 | 265 | 326 | 367 | 396 |
| Operating profit | 28 | 30 | 29 | 3 | 15 |
| Net profit | 4 | -21 | -43 | -54 | -53 |
| EPS (₹) | 0.06 | - | -0.70 | -0.89 | -0.81 |
Concall summary (2026-08-04)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- At a consolidated level, we continue to expect approximately 45% to 50% top -line revenue growth for the full year with the doubling of our operational EBITDA, a target that is weighted to the second half as consumer utilization builds through the year.
- The first facility will commence in the second half between September to March timeframe of next year of FY27 to FY28 and that's why Rajeev was reflecting that FY29 when we'll start seeing some revenue coming out of that facility.
Growth & demand
- Consolidated revenue grew 55% year-on-year to INR3,955 million, up 8% sequentially on what was already the strongest quarter in our history.
- Growth was broad-based, aerospace grew 40% year-on-year and our consumer segment nearly tripled, reflecting the consumer electronics ramp at Hubballi.
Margins & costs
- First, grow aerospace revenue profitably 25% to 30% with a segment EBITDA margins above 20%.
- Reported EBITDA, which includes other income, stood at INR215 million with a margin of 5% for the quarter.
Capex & expansion
- The consumer segment achieved 16% quarter-on-quarter revenue growth while operating at a similar capacity utilization level as Q4.
- We have committed about INR1,900 crores in in total investment in that, including, investment into JVs what we have.
Balance sheet & cash
- Finance cost reduced from INR 358 million in Q4 FY '26 to INR 189 million in Q1 FY '27, following debt reduction undertaken during the previous quarter, including lo an repayments of approximately INR 2,527 million and a net reduction of INR 789 million in a short -term and working capital borrowings.
- Cash flow from operations was negative INR414 million, primarily reflecting the additional working capital required to support the higher operating cycle.
Peers in Aerospace & Defense
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