Aequs Ltd
Founded in 2000, Aequs focuses on high-precision, high-complexity components and assemblies for global OEMs and Tier-1 suppliers, especially in civil aviation.[1]
- Market Cap ₹ 8,999 Cr.
- Current Price ₹ 152
- High / Low ₹ /
- Stock P/E
- Book Value ₹
- Dividend Yield %
- ROCE 1.11 %
- ROE -11.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 812 | 965 | 925 | |
| 773 | 836 | 845 | |
| Operating Profit | 40 | 129 | 79 |
| OPM % | 5% | 13% | 9% |
| 25 | 44 | -6 | |
| Interest | 69 | 69 | 64 |
| Depreciation | 100 | 108 | 103 |
| Profit before tax | -103 | -4 | -94 |
| Tax % | 6% | 233% | 9% |
| -110 | -14 | -102 | |
| EPS in Rs | -2.33 | -0.26 | -1.76 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | -4% |
| Compounded Profit Growth | |
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| TTM: | -282% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | -11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 425 | 425 | 582 |
| Reserves | -146 | -15 | 135 |
| 664 | 1,106 | 785 | |
| 410 | 337 | 401 | |
| Total Liabilities | 1,352 | 1,852 | 1,903 |
| 686 | 660 | 525 | |
| CWIP | 0 | 175 | 395 |
| Investments | 58 | 92 | 77 |
| 609 | 924 | 906 | |
| Total Assets | 1,352 | 1,852 | 1,903 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 10 | -19 | 26 | |
| -95 | -346 | -70 | |
| 54 | 393 | 25 | |
| Net Cash Flow | -31 | 28 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 48 | 52 | 62 |
| Inventory Days | 313 | 336 | 420 |
| Days Payable | 215 | 177 | 215 |
| Cash Conversion Cycle | 146 | 210 | 267 |
| Working Capital Days | -45 | 10 | 12 |
| ROCE % | 4% | 1% |
Business Profile [1]
Aequs is the only precision component manufacturer in India operating a fully vertically integrated aerospace ecosystem within a single SEZ, covering forging, machining, surface treatment, and assembly. It has produced over 5,000 aerospace products across major global platforms.