Aequs Ltd

NSE: AEQUS BSE: 544634

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]

₹194

52W: ₹113 — ₹224

PE 819 · Book ₹0 · +0% vs book

Market Cap₹13,028 Cr

Stock P/E819Price to Earnings

ROCE1.61%Return on Capital

ROE1.29%Return on Equity

Div. Yield0%Face Value ₹10

Strengths

+Company has reduced debt.
+Company is almost debt free.

Weaknesses

−Company has a low return on equity of 1.53% over last 3 years.
−Working capital days have increased from 13.7 days to 220 days

Shareholding Pattern

Promoters59.08%

FIIs3.9%

DIIs11.39%

Public23.29%

Category	Dec 2025	Mar 2026
Promoters	59.08%	59.08%
FIIs	4.05%	3.9%▼0.1
DIIs	11.63%	11.39%▼0.2
Public	22.88%	23.29%▲0.4

Financial Statements

Metric	Dec 2024	Sep 2025	Dec 2025
Sales	20.16	27.82	30.9
Expenses	18.4	27.69	29.87
Operating Profit	1.76	0.13	1.03
OPM %	8.73%	0.47%	3.33%
Net Profit	1.96	0.17	-6.38
EPS ₹	0.05	0	-0.1

AI Insights

Revenue Trend

Mar 2025 revenue at ₹92Cr, up 24.3% YoY. OPM at 10%.

Debt Position

Borrowings at ₹52Cr. Debt-to-equity ratio: 0.16x. Healthy balance sheet.

Margin & Efficiency

ROCE improving from 0% (Mar 2022) to 2% (Mar 2025). Working capital days: 220.

Valuation

PE 819x with 1.61% ROCE. Price is N/A% above book value of ₹0. Dividend yield: 0%.