Aqylon Nexus Ltd
Aqylon Nexus Ltd, formerly Sri Adhikari Brothers Television Network Ltd, emerged from insolvency resolution and changed control in November 2025. The company subsequently changed its name and shifted its focus from television content production and distribution to AI software, IT services and computing infrastructure.[1]
- Market Cap ₹ 597 Cr.
- Current Price ₹ 23.5
- High / Low ₹ 226 / 19.7
- Stock P/E
- Book Value ₹ -0.44
- Dividend Yield 0.00 %
- ROCE 39.2 %
- ROE 391 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Debtor days have improved from 193 to 28.1 days.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -12.7%
- Promoters have pledged 96.6% of their holding.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 180 | 103 | 132 | 138 | 57 | 15 | -1 | 0 | 0 | 0 | 3 | 6 | 5 | |
| 132 | 74 | 80 | 97 | 62 | 24 | -0 | 1 | 1 | 1 | 6 | 6 | 6 | |
| Operating Profit | 48 | 30 | 52 | 41 | -4 | -9 | -1 | -1 | -1 | -1 | -3 | 0 | -0 |
| OPM % | 27% | 29% | 39% | 30% | -7% | -56% | -104% | 6% | -9% | ||||
| 0 | 4 | 4 | 1 | -1 | 1 | 1 | 0 | 0 | 0 | 0 | -23 | -22 | |
| Interest | 19 | 8 | 16 | 15 | 16 | 12 | 13 | 4 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 21 | 15 | 25 | 19 | 23 | 24 | 23 | 20 | 20 | 20 | 19 | 0 | 0 |
| Profit before tax | 8 | 11 | 14 | 8 | -44 | -44 | -37 | -25 | -21 | -21 | -21 | -22 | -24 |
| Tax % | 34% | 16% | 6% | 29% | 0% | 0% | 0% | 0% | -0% | 0% | 1% | -0% | |
| 5 | 9 | 13 | 5 | -53 | -44 | -37 | -25 | -21 | -21 | -21 | -22 | -24 | |
| EPS in Rs | 0.17 | 0.25 | 0.37 | 0.15 | -1.51 | -1.25 | -1.05 | -0.71 | -0.61 | -0.61 | -0.84 | -0.88 | -0.95 |
| Dividend Payout % | 34% | 24% | 16% | 40% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -25% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -26% |
| 5 Years: | 15% |
| 3 Years: | 26% |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 168% |
| 3 Years: | 466% |
| 1 Year: | -77% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 391% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 25 | 25 |
| Reserves | 138 | 168 | 61 | 67 | 14 | -30 | -67 | -92 | -113 | -135 | -14 | -36 |
| 124 | 209 | 133 | 167 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 0 | |
| 48 | 66 | 45 | 34 | 192 | 193 | 206 | 210 | 209 | 210 | 61 | 66 | |
| Total Liabilities | 337 | 479 | 274 | 303 | 245 | 200 | 176 | 155 | 133 | 113 | 74 | 55 |
| 156 | 243 | 165 | 221 | 198 | 172 | 149 | 129 | 107 | 86 | 37 | 6 | |
| CWIP | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 0 | 10 |
| Investments | 32 | 40 | 18 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 136 | 183 | 77 | 59 | 33 | 14 | 13 | 13 | 12 | 13 | 37 | 39 | |
| Total Assets | 337 | 479 | 274 | 303 | 245 | 200 | 176 | 155 | 133 | 113 | 74 | 55 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34 | 42 | 105 | 59 | 18 | -1 | 0 | -0 | -0 | 0 | -11 | 6 | |
| -36 | -141 | -64 | -76 | -1 | 1 | 0 | 0 | 0 | 0 | 45 | -2 | |
| 3 | 105 | -47 | 17 | -19 | -1 | 0 | 0 | 0 | 0 | -10 | 0 | |
| Net Cash Flow | 1 | 7 | -7 | -0 | -1 | -0 | 0 | -0 | -0 | 0 | 24 | 4 |
| Free Cash Flow | 17 | -89 | 50 | -27 | 18 | 0 | 0 | -0 | -0 | 0 | 34 | 4 |
| CFO/OP | 74% | 149% | 208% | 145% | -452% | 3% | -48% | 20% | 29% | -15% | 372% | 1,611% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 120 | 235 | 106 | 67 | 44 | 49 | -96 | 358 | 28 | |||
| Inventory Days | 44 | 0 | 0 | |||||||||
| Days Payable | 90 | |||||||||||
| Cash Conversion Cycle | 120 | 235 | 106 | 67 | 44 | 3 | -96 | 358 | 28 | |||
| Working Capital Days | -52 | -67 | 20 | -30 | -977 | -4,203 | -60,821 | -7,468 | -3,645 | |||
| ROCE % | 10% | 5% | 9% | 9% | -17% | -103% | 39% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees employees ・Standalone data |
|
|||||||
| Number of Shareholders shareholders ・Standalone data |
||||||||
Extracted by Screener AI
Documents
Announcements
- Intimation For Book Closure For The Purpose Of Annual General Meeting Of The Company
-
Intimation For Appointment Of Independent Director
- Board appointed Parth Rupareliya MD and Chairperson from 4 Sept 2026; Srivatsava Sunkara and Kiran Inampudi resigned.
-
Appointment Of Managing Director And Chairperson
- Board appointed Parth Rupareliya MD and Chairperson for five years; Srivatsava Sunkara and Kiran Inampudi resigned.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Board appointed Parth Rupareliya MD and Chairperson from 4 Sep 2026; Srivatsava Sunkara and Kiran Inampudi resigned.
-
Announcement under Regulation 30 (LODR)-Resignation of Chairman and Managing Director
- Board appointed Parth Rupareliya MD & Chairperson; Srivatsava Sunkara and Kiran Inampudi resigned; AGM on 30 Sep 2026.
Annual reports
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from nse
-
Annual Report 2013
from bse
-
Annual Report 2012
from nse
** Business Transformation[1][2][3]
The NCLT-approved resolution plan was fully implemented in May 2025, and the CIRP proceedings were closed in September 2025. A subsequent open offer resulted in a change of management and control in November 2025. The company was renamed Aqylon Nexus Ltd in January 2026 and amended its objects to cover AI/ML software, SaaS, technology consulting, licensing and computing infrastructure.**