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Aequs share price & results

Aequs Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Vertically integrated precision manufacturer for aerospace OEMs and consumer electronics, toys and durables.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue396 ₹ crore+54.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin3.7 %−7.3 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-53.0 ₹ crore−1425.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity-14.97 %+1.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-35.85 %−10.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+37.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Not in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 2 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Aequs Limited management guidance track record on Inve: 18 targets tracked across analysed earnings calls (1 achieved, 1 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
Aerospace EBITDA Margin20% plus range
Call transcript, Q3 FY26 · 29 Jan 2026		Q3 FY26Q1 FY27:The aerospace segment delivered a 23% EBITDA margin, continuing to perform above the '20% plus' target. Management reiterated guidance for margins to be 'above 20%' for FY27.
Call transcript, Q1 FY27 · 29 Jul 2026		Achieved
Aerospace Utilization in IndiaReach 75%
Call transcript, Q3 FY26 · 29 Jan 2026		Q3 FY26Q1 FY27:No specific update was provided on the aerospace utilization metric for India for the second consecutive quarter.
Call transcript, Q1 FY27 · 29 Jul 2026		Ghosted
Consumer Capacity Utilization40% to 50% by end of FY27
Call transcript, Q4 FY26 · 26 May 2026		Q4 FY26Q1 FY27:Reported utilization dipped slightly from 23% in Q4 to 22% in Q1. While management cited improved yield for higher revenue, the headline metric moved in the wrong direction relative to the year-end target.
Call transcript, Q1 FY27 · 29 Jul 2026		At Risk

Source: Inve Guidance Tracker for Aequs Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Aequs Limited's 18 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 15 more targets are in the full ledger.

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Price

₹219.1 −9.61% · −₹23.3

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +58.5% YTD

₹150₹200₹250₹300JanFebMarAprJunJulAugSeptQ3 FY26 — 29 Jan 2026Q4 FY26 — 26 May 2026Q1 FY27 — 29 Jul 2026

YTD: ₹138.19 on 1 Jan 2026 → ₹219.1. High ₹288.15 (7 Oct 2026), low ₹115.11 (16 Mar 2026).

Previous close
₹242.4
Market cap
₹14.7k Cr
52-week range
₹115.11 – ₹288.15
Return on equity (TTM to Jun 2026)
-14.97%

Overview

Symbol
NSE:AEQUS
Industry
Industrials
Exchange
NSE
Currency
INR

What Aequs Limited does

Based on the company's own presentations, annual report and earnings calls.

Aequs operates a vertically integrated precision-manufacturing ecosystem — forging, machining, surface treatment and assembly under one roof — serving global aerospace OEMs (Airbus, Boeing, Safran, Collins Aerospace, SAAB) with aerostructures, engine components and landing-gear parts, and consumer-goods customers (Mattel, Tramontina and a large global electronics brand) with toys, cookware and electronics enclosures. It earns as a long-cycle contract manufacturer: qualifying on OEM programs, then scaling production volumes and value-added processes across co-located clusters in Karnataka, with a new aero-engine and landing-gear site coming up in Hosur, Tamil Nadu. The business also runs several joint ventures — API (aerospace surface treatment) with Magellan Aerospace, SQuAD (forging) with Aubert & Duval, ACPL (cookware) with Tramontina, and Ajna Aerospace & Defence with Accel India and Vagus Defence for UAV manufacturing.

Segments

  • Aerospace
  • Consumer
Aerospace parts portfolio
5,654 SKUs qualified (as of Q4 FY26)
Aerospace machining capacity
1.83 million machining hours per year — India's largest aerospace machining facility
Belagavi aerospace-consumer ecosystem (Karnataka)
~450-acre integrated campus (400-acre SEZ + DTA)
Combined consumer manufacturing space
800,000+ sq ft across the Hubballi (consumer durables) and Koppal (toys) clusters
New Hosur aero-engine and landing-gear site (Tamil Nadu)
250 acres (125-acre SEZ), under development per Feb 2026 MoU with Tamil Nadu government
Hydraulic forging press
10,000-tonne press — largest for aerospace components in India
Founded 2000Headquarters Bengaluru, Karnataka, India Company website

How the price took the results

close before → close after

Q1 FY27
+0.4%
29 Jul
Q4 FY26
−1.9%
26 May
Q3 FY26
+1.9%
29 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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