AEQUS · NSE
Aequs Limited
₹231.67
+1.02% (+₹2.34)
Prev. close
₹229.33
Volume
8,59,211
Delivery %
49.1%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Aequs with a 'Buy' rating and a target price of Rs 320, implying a 23.5% upside. Aequs, India's only vertical…” | IIFL Capital AnalysisIIFL Capital | Aequs | NOT GRADED |
Fundamentals
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.
Details
Sector
Industrials
Industry
Aerospace & Defense
CEO
Mr. Aravind Shivaputrappa Melligeri
Headquarters
Belagavi
Employees
1,766
Website
aequs.comExchange
View on NSE ↗Key stats
Market cap
₹15,171.01 Cr
EPS (TTM)
₹-2.59
Beta (1Y · daily vs NIFTY 50)
0.73
Shares float
15.46 Cr
EPS · quarter ended Jun 2026
₹-0.81
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹791.47 Cr | ₹941.19 Cr | ₹897.96 Cr | ₹1,230.44 Cr | |
| EBITDA | ₹44.87 Cr | ₹163.49 Cr | ₹61.03 Cr | ₹133.53 Cr |
| ₹-98.83 Cr | ₹-10.84 Cr | ₹-102.35 Cr | ₹-113.25 Cr | |
| Diluted EPS | ₹-1.51 | ₹-0.17 | ₹-1.56 | ₹-1.87 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹1,352.00 Cr | ₹1,852.00 Cr | ₹1,903.00 Cr | ₹2,733.00 Cr | |
| ₹735.93 Cr | ₹698.93 Cr | ₹785.05 Cr | ₹700.93 Cr | |
| Stockholders' equity | ₹279.00 Cr | ₹410.00 Cr | ₹717.00 Cr | ₹1,487.00 Cr |
CWIP, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹10.00 Cr | ₹-19.00 Cr | ₹26.00 Cr | ₹-99.00 Cr | |
| Investing cash flow | ₹-88.85 Cr | ₹-343.37 Cr | ₹-73.82 Cr | ₹-370.70 Cr |
| ₹54.00 Cr | ₹393.00 Cr | ₹25.00 Cr | ₹704.00 Cr | |
| Capital expenditure | ₹-86.00 Cr | ₹-182.00 Cr | ₹-265.00 Cr | ₹-343.00 Cr |
| End cash position | ₹51.29 Cr | ₹79.27 Cr | ₹60.94 Cr | ₹301.49 Cr |
Dividends paid has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Dec 25–Mar 26(3Q) | Jun 26 |
|---|---|---|
| Promoter | 59.08% | 59.09% |
| Public | 38.57% | 38.62% |
| Employee trusts | 2.36% | 2.29% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Aequs Limited | ₹15,017.77 Cr | ₹231.67 | — | 10.10 | -7.6% | 0.47 | +33.4% | — |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
15 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Aequs Targets 10% Of Global Aviation Outsourcing With India Expansion
Aequs Limited aims to capture 10% of global aviation outsourcing, up from India's current 2%, by expanding its manufacturing capabilities. The company plans to invest approximately Rs 2,800 crore over the next five years, leveraging its integrated aerospace ecosystem in Belagavi. Aequs supplies major aerospace firms like Airbus and Boeing, focusing on a "one-stop shop" model for complex manufacturing.