Aequs Ltd.

•

₹ 259.22-0.33%

2026-08-21

aequs.comBSE: 544634NSE: AEQUS

Market Cap₹ 17,598 Cr.

Current Price₹ 260

High / Low₹ 274 / 113

Stock P/E—

Book Value₹ 21

Price to Book5.49

Dividend Yield0.00 %

ROCE1.5 %

ROE-10.4 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Aerospace: 85.4% • Consumer: 14.6%

PROS

Company has delivered good sales growth of 25.1% CAGR over last 5 years
Institutional investors have been accumulating - FII+DII up 13.9pp
Company maintains a comfortable, low leverage position

CONS

Company is loss-making at the operating / net level
Operating cash flow has been negative in recent years
Receivables are growing faster than sales - a possible quality concern
Company has a low return on equity of -10.8% over last 3 years
Company has a low return on capital employed of 2.2%
Interest coverage is weak at 0.2x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Capital GoodsCapital GoodsAerospace & Defense

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	HAL	5010.00	35.94	335056.28	0.90	1589.66	14.88	5515.17	14.45	31.99	27.89
2.	BEL	408.70	48.61	298750.66	0.61	1054.53	8.82	5546.98	24.94	36.68	25.22
3.	BDL	1349.00	0.00	49449.28	0.36	118.79	547.36	572.24	147.63	19.75	14.52
4.	DATAPATTNS	4775.20	3475.81	26733.46	0.21	220.60	765.10	1160.30	1068.13	23.18	27.04
5.	AEQUS	262.40	0.00	17598.27	0.00	-532.28	-6067.26	3955.45	1486.69	1.50	4.47
6.	ZENTEC	1932.40	96.85	17448.21	0.05	31.85	-39.99	141.64	-10.48	16.83	27.13
7.	ASTRAMICRO	1702.95	85.53	16168.66	0.14	12.35	-24.12	176.66	-11.55	19.18	20.40
8.	APOLLO	385.85	118.18	14338.17	0.06	252.16	1325.84	2512.93	1781.17	14.05	21.38
9.	SIGMAADV	691.05	86.42	13125.04	0.00	354.12	159.95	3742.77	—	9.66	15.54
10.	PARAS	1496.10	127.65	12056.67	0.07	20.74	45.34	127.91	37.26	18.68	24.95
11.	UNIMECH	1498.40	105.90	7627.16	0.00	27.86	45.70	107.62	70.85	12.10	36.35
12.	AXISCADES	1591.70	186.31	6770.06	0.00	-14.76	-170.76	183.35	-24.77	14.56	4.73

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026	Jun 2026
	216	249	256	326	367	396
	209	225	263	297	363	445
Operating Profit	—	—	—	—	—	—
OPM %	—	—	—	—	—	—
Other Income	1	17	13	9	28	7
Interest	18	13	10	21	36	19
Depreciation	26	24	25	35	46	45
	-36	4	7	-34	-40	-40
Tax %	-16.14%	-75.54%	40.07%	-28.13%	-51.75%	-33.72%
Net Profit	0	0	4	-43	-54	-53
	-1	0	0	-1	-1	-0
Equity Capital	425	582	599	671	671	671
Reserves	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	425	582	599	671	671	671
Reserves	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Dec 2024

: 216
: 209
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 18
Depreciation: 26
: -36
Tax %: -16.14%
Net Profit: 0
: -1
Equity Capital: 425
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 425
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 249
: 225
Operating Profit: —
OPM %: —
Other Income: 17
Interest: 13
Depreciation: 24
: 4
Tax %: -75.54%
Net Profit: 0
: 0
Equity Capital: 582
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 582
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 256
: 263
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 10
Depreciation: 25
: 7
Tax %: 40.07%
Net Profit: 4
: 0
Equity Capital: 599
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 599
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 326
: 297
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 21
Depreciation: 35
: -34
Tax %: -28.13%
Net Profit: -43
: -1
Equity Capital: 671
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 671
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 367
: 363
Operating Profit: —
OPM %: —
Other Income: 28
Interest: 36
Depreciation: 46
: -40
Tax %: -51.75%
Net Profit: -54
: -1
Equity Capital: 671
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 671
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 396
: 445
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 19
Depreciation: 45
: -40
Tax %: -33.72%
Net Profit: -53
: -0
Equity Capital: 671
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 671
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	549	402	529	812	965	925	1,230	1,344
	490	427	516	774	837	846	1,140	1,368
Operating Profit	77	5	22	67	151	113	156	—
OPM %	14	1	4	8	16	12	13	—
Other Income	18	31	9	28	23	35	66	56
Interest	48	50	44	69	69	64	94	86
Depreciation	59	78	75	100	108	103	138	150
	-31	-123	-108	-103	-2	-94	-72	-108
Tax %	63	7	5	-6	-457	-9	-58	-43
Net Profit	-12	-114	-103	-109	-12	-102	-113	-154
EPS	-4	-7	-7	-2	-0	-2	-2	—
Dividend Payout %	0	0	0	0	0	0	0	—
Minority Interest	0	0	-3	11	3	0	-0	0
Share of Associates	-0	-9	0	0	0	0	0	13
Adjusted EPS	-3	-3	-3	-2	-0	-2	-2	—
Minority Interest	0	0	-3	11	3	0	-0	0
Share of Associates	-0	-9	0	0	0	0	0	13
Adjusted EPS	-3	-3	-3	-2	-0	-2	-2	—

Mar 2020

: 549
: 490
Operating Profit: 77
OPM %: 14
Other Income: 18
Interest: 48
Depreciation: 59
: -31
Tax %: 63
Net Profit: -12
EPS: -4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: -0
Adjusted EPS: -3
Minority Interest: 0
Share of Associates: -0
Adjusted EPS: -3

Mar 2021

: 402
: 427
Operating Profit: 5
OPM %: 1
Other Income: 31
Interest: 50
Depreciation: 78
: -123
Tax %: 7
Net Profit: -114
EPS: -7
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: -9
Adjusted EPS: -3
Minority Interest: 0
Share of Associates: -9
Adjusted EPS: -3

Mar 2022

: 529
: 516
Operating Profit: 22
OPM %: 4
Other Income: 9
Interest: 44
Depreciation: 75
: -108
Tax %: 5
Net Profit: -103
EPS: -7
Dividend Payout %: 0
Minority Interest: -3
Share of Associates: 0
Adjusted EPS: -3
Minority Interest: -3
Share of Associates: 0
Adjusted EPS: -3

Mar 2023

: 812
: 774
Operating Profit: 67
OPM %: 8
Other Income: 28
Interest: 69
Depreciation: 100
: -103
Tax %: -6
Net Profit: -109
EPS: -2
Dividend Payout %: 0
Minority Interest: 11
Share of Associates: 0
Adjusted EPS: -2
Minority Interest: 11
Share of Associates: 0
Adjusted EPS: -2

Mar 2024

: 965
: 837
Operating Profit: 151
OPM %: 16
Other Income: 23
Interest: 69
Depreciation: 108
: -2
Tax %: -457
Net Profit: -12
EPS: -0
Dividend Payout %: 0
Minority Interest: 3
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 3
Share of Associates: 0
Adjusted EPS: -0

Mar 2025

: 925
: 846
Operating Profit: 113
OPM %: 12
Other Income: 35
Interest: 64
Depreciation: 103
: -94
Tax %: -9
Net Profit: -102
EPS: -2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -2

Mar 2026

: 1,230
: 1,140
Operating Profit: 156
OPM %: 13
Other Income: 66
Interest: 94
Depreciation: 138
: -72
Tax %: -58
Net Profit: -113
EPS: -2
Dividend Payout %: 0
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: -2
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: -2

TTM

: 1,344
: 1,368
Operating Profit: —
OPM %: —
Other Income: 56
Interest: 86
Depreciation: 150
: -108
Tax %: -43
Net Profit: -154
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 13
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 13
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 25%
3 Years:: 15%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: -24%
3 Years:: -11%
Last Year:: -10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-
	222	268	396	425	425	582	671
	-128	-94	-107	-151	-21	128	807
	184	208	216	219	184	245	241
Trade Payables	143	114	177	226	203	231	322
	453	338	413	572	1,001	641	618
Total Liabilities	873	835	1,094	1,291	1,791	1,827	2,659
ASSETS	-	-	-	-	-	-	-
	374	395	541	677	660	525	1,070
Capital Work in Progress	1	0	2	2	175	395	79
	56	49	50	58	92	77	106
	217	174	215	298	354	408	567
	0	0	0	0	137	157	265
Cash & Bank	16	88	86	57	252	80	357
	209	129	200	198	120	185	216
Total Assets	873	835	1,094	1,291	1,791	1,827	2,659
Total Debt	304	286	300	345	290	433	397
Net Working Capital	-146	-56	-44	-74	278	67	480
Contingent Liabilities	1	1	2	90	90	93	15
Book Value per Share	3.42	5.86	6.85	6.03	9.50	12.20	22.03
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	304	286	300	345	290	433	397
Net Working Capital	-146	-56	-44	-74	278	67	480
Contingent Liabilities	1	1	2	90	90	93	15
Book Value per Share	3.42	5.86	6.85	6.03	9.50	12.20	22.03
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2020

: 222
: -128
: 184
Trade Payables: 143
: 453
Total Liabilities: 873
: 374
Capital Work in Progress: 1
: 56
: 217
: 0
Cash & Bank: 16
: 209
Total Assets: 873
Total Debt: 304
Net Working Capital: -146
Contingent Liabilities: 1
Book Value per Share: 3.42
Face Value: 10.00
Total Debt: 304
Net Working Capital: -146
Contingent Liabilities: 1
Book Value per Share: 3.42
Face Value: 10.00

Mar 2021

: 268
: -94
: 208
Trade Payables: 114
: 338
Total Liabilities: 835
: 395
Capital Work in Progress: 0
: 49
: 174
: 0
Cash & Bank: 88
: 129
Total Assets: 835
Total Debt: 286
Net Working Capital: -56
Contingent Liabilities: 1
Book Value per Share: 5.86
Face Value: 10.00
Total Debt: 286
Net Working Capital: -56
Contingent Liabilities: 1
Book Value per Share: 5.86
Face Value: 10.00

Mar 2022

: 396
: -107
: 216
Trade Payables: 177
: 413
Total Liabilities: 1,094
: 541
Capital Work in Progress: 2
: 50
: 215
: 0
Cash & Bank: 86
: 200
Total Assets: 1,094
Total Debt: 300
Net Working Capital: -44
Contingent Liabilities: 2
Book Value per Share: 6.85
Face Value: 10.00
Total Debt: 300
Net Working Capital: -44
Contingent Liabilities: 2
Book Value per Share: 6.85
Face Value: 10.00

Mar 2023

: 425
: -151
: 219
Trade Payables: 226
: 572
Total Liabilities: 1,291
: 677
Capital Work in Progress: 2
: 58
: 298
: 0
Cash & Bank: 57
: 198
Total Assets: 1,291
Total Debt: 345
Net Working Capital: -74
Contingent Liabilities: 90
Book Value per Share: 6.03
Face Value: 10.00
Total Debt: 345
Net Working Capital: -74
Contingent Liabilities: 90
Book Value per Share: 6.03
Face Value: 10.00

Mar 2024

: 425
: -21
: 184
Trade Payables: 203
: 1,001
Total Liabilities: 1,791
: 660
Capital Work in Progress: 175
: 92
: 354
: 137
Cash & Bank: 252
: 120
Total Assets: 1,791
Total Debt: 290
Net Working Capital: 278
Contingent Liabilities: 90
Book Value per Share: 9.50
Face Value: 10.00
Total Debt: 290
Net Working Capital: 278
Contingent Liabilities: 90
Book Value per Share: 9.50
Face Value: 10.00

Mar 2025

: 582
: 128
: 245
Trade Payables: 231
: 641
Total Liabilities: 1,827
: 525
Capital Work in Progress: 395
: 77
: 408
: 157
Cash & Bank: 80
: 185
Total Assets: 1,827
Total Debt: 433
Net Working Capital: 67
Contingent Liabilities: 93
Book Value per Share: 12.20
Face Value: 10.00
Total Debt: 433
Net Working Capital: 67
Contingent Liabilities: 93
Book Value per Share: 12.20
Face Value: 10.00

Mar 2026

: 671
: 807
: 241
Trade Payables: 322
: 618
Total Liabilities: 2,659
: 1,070
Capital Work in Progress: 79
: 106
: 567
: 265
Cash & Bank: 357
: 216
Total Assets: 2,659
Total Debt: 397
Net Working Capital: 480
Contingent Liabilities: 15
Book Value per Share: 22.03
Face Value: 10.00
Total Debt: 397
Net Working Capital: 480
Contingent Liabilities: 15
Book Value per Share: 22.03
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	44	66	-0	10	-19	26	-99
Cash from Investing	-30	44	-87	-89	-343	-74	-371
Cash from Financing	-6	-29	84	54	393	25	704
	7	80	-3	-25	31	-22	235
Free Cash Flow	44	-37	-258	-198	-261	-164	-423
OCF / Net Profit	-3.75	-0.58	0.00	-0.09	1.57	-0.26	0.87
Cumulative 5-Year FCF	0	0	0	0	0	-918	-1,304
OCF / Net Profit	-3.75	-0.58	0.00	-0.09	1.57	-0.26	0.87
Cumulative 5-Year FCF	0	0	0	0	0	-918	-1,304

Mar 2020

: 44
Cash from Investing: -30
Cash from Financing: -6
: 7
Free Cash Flow: 44
OCF / Net Profit: -3.75
Cumulative 5-Year FCF: 0
OCF / Net Profit: -3.75
Cumulative 5-Year FCF: 0

Mar 2021

: 66
Cash from Investing: 44
Cash from Financing: -29
: 80
Free Cash Flow: -37
OCF / Net Profit: -0.58
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.58
Cumulative 5-Year FCF: 0

Mar 2022

: -0
Cash from Investing: -87
Cash from Financing: 84
: -3
Free Cash Flow: -258
OCF / Net Profit: 0.00
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.00
Cumulative 5-Year FCF: 0

Mar 2023

: 10
Cash from Investing: -89
Cash from Financing: 54
: -25
Free Cash Flow: -198
OCF / Net Profit: -0.09
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.09
Cumulative 5-Year FCF: 0

Mar 2024

: -19
Cash from Investing: -343
Cash from Financing: 393
: 31
Free Cash Flow: -261
OCF / Net Profit: 1.57
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.57
Cumulative 5-Year FCF: 0

Mar 2025

: 26
Cash from Investing: -74
Cash from Financing: 25
: -22
Free Cash Flow: -164
OCF / Net Profit: -0.26
Cumulative 5-Year FCF: -918
OCF / Net Profit: -0.26
Cumulative 5-Year FCF: -918

Mar 2026

: -99
Cash from Investing: -371
Cash from Financing: 704
: 235
Free Cash Flow: -423
OCF / Net Profit: 0.87
Cumulative 5-Year FCF: -1,304
OCF / Net Profit: 0.87
Cumulative 5-Year FCF: -1,304

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-
EPS (₹)	-3.35	-3.01	-2.68	-2.33	-0.26	-1.76	-1.69
Book Value (₹)	3.42	5.86	6.85	6.03	9.50	12.20	22.03
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	2.16	-1.35	-0.71	-0.22	2.25	0.02	0.36
PROFITABILITY	-	-	-	-	-	-	-
Operating Margin %	13.96%	1.34%	4.25%	8.25%	13.23%	8.52%	7.31%
Net Margin %	-2.11%	-28.37%	-19.45%	-13.39%	-1.26%	-11.08%	-9.21%
ROE %	-15.30%	-97.77%	-48.03%	-41.22%	-3.68%	-18.40%	-10.36%
ROCE %	4.46%	-17.51%	-12.71%	-5.78%	7.82%	-2.64%	1.50%
	-1.33%	-13.34%	-10.67%	-9.12%	-0.79%	-5.66%	-5.05%
EFFICIENCY	-	-	-	-	-	-	-
Debtor Days	54	65	57	48	46	58	62
Inventory Days	144	178	134	115	123	150	145
Payable Days	322	248	217	191	188	202	204
	-125	-6	-25	-28	-18	7	3
FINANCIAL HEALTH	-	-	-	-	-	-	-
Debt to Equity (x)	4.00x	1.82x	1.11x	1.35x	0.36x	0.61x	0.27x
Interest Coverage (x)	0.35x	-1.44x	-1.49x	-0.50x	0.97x	-0.46x	0.24x
	0.71x	0.86x	0.91x	0.87x	1.50x	1.10x	1.58x
GROWTH	-	-	-	-	-	-	-
Revenue Growth %	0.00%	-26.92%	31.78%	53.49%	18.83%	-4.19%	33.08%
Operating Profit Growth %	0.00%	-92.96%	316.67%	197.89%	125.08%	-24.83%	37.96%
Net Profit Growth %	0.00%	-881.90%	9.66%	-5.66%	88.83%	-743.16%	-10.62%
	0.00%	0.00%	0.00%	0.00%	89.03%	-589.40%	4.00%
VALUATION	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	5.49x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	5.77x	8.24x	52.13x

Mar 2020

EPS (₹): -3.35
Book Value (₹): 3.42
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.16
Operating Margin %: 13.96%
Net Margin %: -2.11%
ROE %: -15.30%
ROCE %: 4.46%
: -1.33%
Debtor Days: 54
Inventory Days: 144
Payable Days: 322
: -125
Debt to Equity (x): 4.00x
Interest Coverage (x): 0.35x
: 0.71x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): -3.01
Book Value (₹): 5.86
Dividend per Share (₹): 0.00
Cash EPS (₹): -1.35
Operating Margin %: 1.34%
Net Margin %: -28.37%
ROE %: -97.77%
ROCE %: -17.51%
: -13.34%
Debtor Days: 65
Inventory Days: 178
Payable Days: 248
: -6
Debt to Equity (x): 1.82x
Interest Coverage (x): -1.44x
: 0.86x
Revenue Growth %: -26.92%
Operating Profit Growth %: -92.96%
Net Profit Growth %: -881.90%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): -2.68
Book Value (₹): 6.85
Dividend per Share (₹): 0.00
Cash EPS (₹): -0.71
Operating Margin %: 4.25%
Net Margin %: -19.45%
ROE %: -48.03%
ROCE %: -12.71%
: -10.67%
Debtor Days: 57
Inventory Days: 134
Payable Days: 217
: -25
Debt to Equity (x): 1.11x
Interest Coverage (x): -1.49x
: 0.91x
Revenue Growth %: 31.78%
Operating Profit Growth %: 316.67%
Net Profit Growth %: 9.66%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): -2.33
Book Value (₹): 6.03
Dividend per Share (₹): 0.00
Cash EPS (₹): -0.22
Operating Margin %: 8.25%
Net Margin %: -13.39%
ROE %: -41.22%
ROCE %: -5.78%
: -9.12%
Debtor Days: 48
Inventory Days: 115
Payable Days: 191
: -28
Debt to Equity (x): 1.35x
Interest Coverage (x): -0.50x
: 0.87x
Revenue Growth %: 53.49%
Operating Profit Growth %: 197.89%
Net Profit Growth %: -5.66%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): -0.26
Book Value (₹): 9.50
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.25
Operating Margin %: 13.23%
Net Margin %: -1.26%
ROE %: -3.68%
ROCE %: 7.82%
: -0.79%
Debtor Days: 46
Inventory Days: 123
Payable Days: 188
: -18
Debt to Equity (x): 0.36x
Interest Coverage (x): 0.97x
: 1.50x
Revenue Growth %: 18.83%
Operating Profit Growth %: 125.08%
Net Profit Growth %: 88.83%
: 89.03%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 5.77x

Mar 2025

EPS (₹): -1.76
Book Value (₹): 12.20
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.02
Operating Margin %: 8.52%
Net Margin %: -11.08%
ROE %: -18.40%
ROCE %: -2.64%
: -5.66%
Debtor Days: 58
Inventory Days: 150
Payable Days: 202
: 7
Debt to Equity (x): 0.61x
Interest Coverage (x): -0.46x
: 1.10x
Revenue Growth %: -4.19%
Operating Profit Growth %: -24.83%
Net Profit Growth %: -743.16%
: -589.40%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 8.24x

Mar 2026

EPS (₹): -1.69
Book Value (₹): 22.03
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.36
Operating Margin %: 7.31%
Net Margin %: -9.21%
ROE %: -10.36%
ROCE %: 1.50%
: -5.05%
Debtor Days: 62
Inventory Days: 145
Payable Days: 204
: 3
Debt to Equity (x): 0.27x
Interest Coverage (x): 0.24x
: 1.58x
Revenue Growth %: 33.08%
Operating Profit Growth %: 37.96%
Net Profit Growth %: -10.62%
: 4.00%
P/E (x): 0.00x
P/B (x): 5.49x
Dividend Yield %: 0.00%
: 52.13x

Shareholding Pattern

Numbers in percentages

TRADES

	Mar 2020	Mar 2021	Mar 2022	Dec 2025	Mar 2026	Jun 2026
	81.53	85.84	91.71	59.08	59.08	59.09
	0.00	0.00	0.00	2.96	3.90	5.17
	0.00	0.00	0.00	12.03	11.24	8.75
Government	0.00	0.00	0.00	0.00	0.00	0.00
	18.47	14.16	8.29	25.88	25.79	27.00

Mar 2020

: 81.53
: 0.00
: 0.00
Government: 0.00
: 18.47

Mar 2021

: 85.84
: 0.00
: 0.00
Government: 0.00
: 14.16

Mar 2022

: 91.71
: 0.00
: 0.00
Government: 0.00
: 8.29

Dec 2025

: 59.08
: 2.96
: 12.03
Government: 0.00
: 25.88

Mar 2026

: 59.08
: 3.90
: 11.24
Government: 0.00
: 25.79

Jun 2026

: 59.09
: 5.17
: 8.75
Government: 0.00
: 27.00

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Aequs Limited has informed the Exchange about organizing Plant visit for analysts / investors.
Copy of Newspaper Publication
2026-08-14 - Submission of Copies of Newspaper Publication regarding Notice of the 26th Annual General Meeting of Aequs Limited, to be held on September 04, 2026 at 4:00 P.M. (IST) through Video Conferencing/Other Audio-Visual Means.

Annual Reports

Nothing filed yet.

Credit Ratings

Credit Rating
2026-05-07 - Aequs Limited has informed the Exchange about Credit Rating

Concalls

Aug 2026
Transcript PPTREC
Jun 2026
Transcript PPTREC
May 2026
TranscriptPPTREC