534733
Aerpace Indus financials
- Market cap
- ₹556 Cr
- Sector
- Capital Goods
What Aerpace Indus does
Aerpace Industries Limited (formerly Supremex Shine Steels Limited) describes its business as developing 'aerpace', a proposed national travel ecosystem for inter-city and interstate journeys combining road and air transport modes. The stated aim is to widen access to private and public transit while cutting motor-vehicle miles driven and traffic congestion. The company holds a 51% stake in subsidiary Aerpace Supercars Private Limited and a wholly owned UAE subsidiary, Aerpace General Trading LLC, which is not yet operational.
- Permanent employees
- 25
- Subsidiaries
- 2 (Aerpace Supercars Private Limited – 51% owned; Aerpace General Trading LLC, UAE – not yet operational)
Quarterly results
Q1 FY27: revenue up 19.6%, net profit down 178.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 1 +31% | 1 +31% | 1 +38% | 1 +20% |
| EBITDA | -1 | -1 | -2 | -1 | -2 −87% | -2 −30% | -6 −199% | -3 −152% |
| Net profit | -1 | -2 | -2 | -1 | -2 −179% | -2 −2% | -7 −310% | -4 −178% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +60.7% 1Y
1Y: ₹22.5 on 10 Sept 2025 → ₹36.15. High ₹42.44 (1 Sept 2026), low ₹18.03 (24 Nov 2025).
Financials, as filed
Revenue grew 34.4% a year over 2 years, FY24 to FY26. Operating margin narrowed to -505.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Operating profit | ₹-1 Cr | ₹-5 Cr | ₹-11 Cr |
| Operating margin | -102.5% | -296.9% | -505.1% |
| Interest | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹1 Cr | ₹2 Cr |
| Net profit | ₹-1 Cr | ₹-5 Cr | ₹-12 Cr |
| Net margin | -105.9% | -298.8% | -557.7% |
| Cash from operations | ₹-1 Cr | ₹-6 Cr | ₹-9 Cr |
| Free cash flow | ₹-2 Cr | ₹-22 Cr | ₹-25 Cr |
| ROCE | -13.0% | -11.0% | -15.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹14 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹-1 Cr | ₹29 Cr | ₹27 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹1 Cr | ₹22 Cr | ₹38 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹7 Cr | ₹4 Cr |
| Total liabilities | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹15 Cr | ₹73 Cr | ₹85 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹42 Cr | ₹19 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹25 Cr | ₹26 Cr |
| Investments | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹8 Cr | ₹0 Cr | ₹8 Cr |
| Other assets | ₹0 Cr | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹7 Cr | ₹32 Cr |
| Total assets | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹15 Cr | ₹73 Cr | ₹85 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.11 pp while promoters trimmed −0.10 pp. The shareholder count grew 3% to 20,255.
- Promoters
- 45.3%
- Public
- 54.8%
Since Jun 2025
- Public +0.11 pp
- Promoters −0.10 pp
How it drifted, 12 quarters
Over this window promoters fell from 46.6% to 45.3% — −1.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 46.6%, Public 53.4%.Dec '23: Promoters 50.7%, Public 49.3%.Mar '24: Promoters 50.7%, Public 49.3%.Jun '24: Promoters 50.7%, Public 49.3%.Sep '24: Promoters 46.5%, Public 53.5%.Dec '24: Promoters 46.6%, Public 53.4%.Mar '25: Promoters 45.4%, Public 54.7%.Jun '25: Promoters 45.4%, Public 54.6%.Sep '25: Promoters 44.9%, Public 55.1%.Dec '25: Promoters 44.7%, Public 55.3%.Mar '26: Promoters 45.3%, Public 54.8%.Jun '26: Promoters 45.3%, Public 54.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Nayna Prabodhkumar Kampani +0.84 pp 1.35% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Aerpace Indus above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Kaushal Anand Shah | 19.61% | unchanged |
| Anand Manoj Shah | 18.89% | unchanged |
| Milan B Shah | 2.81% | unchanged |
| Hasmukh Karman Gala | 1.84% | unchanged |
| Sanjay Ram Takale | 1.57% | unchanged |
| Nayna Prabodhkumar Kampani | 1.35% | +0.84 pp |
| Ramaswamyreddy Pedinekauva | 1.10% | unchanged |
| Vivek Kanda | 1.03% | unchanged |
| Aerpace Robotics Private Limited | 0.40% | unchanged |
| Amisha Milan Shah | 0.33% | unchanged |
| Shah Family Private Trust | 0.01% | unchanged |
| Prabodhkumar Tulsidas Kampani | 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Aerpace Indus
Guides on how to read this kind of business and the numbers that matter.