A

AEQUS LIMITED

AEQUSNSE
Market snapshot · 2026-08-11 07:11 UTC

242.79

₹-1.34 (-0.55%)

MARKET CAP

₹15.90K Cr

STOCK P/E

52W HIGH

₹274.39

52W LOW

₹113.30

BOOK VALUE

₹24.63

EPS

₹-2.56

ROE

SECTOR

Industrials

DEBT/EQUITY

47.18

VOLUME

14.49L

P/B RATIO

9.86x

PEG RATIO

Sector

Industrials

Themes

Aerospace & Defense Equipments
₹248.78₹215.79₹182.79₹149.80₹116.80VolumeDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Aug '26

AI Summary

✦ Clartha

Aequs Limited is a contract manufacturer serving aerospace, toys, and consumer durables. Aerospace components, plastics and toys, cookware, and home appliances drive manufacturing revenue through OEM and ODM programs. Vertically integrated clusters, built-to-suit facilities, and logistics support customer programs. Revenue grew 33.1% year-on-year, while improving margins suggest better operating leverage from scaled production and integrated manufacturing ecosystems. Profit declined 10.7%, so margin improvement has not yet translated into earnings growth. ROE is unavailable, while debt-to-equity of 47.18 indicates substantial leverage that can amplify pressure on returns. P/E is unavailable, preventing a direct comparison with sector valuation or growth. The outlook is therefore Neutral and valuation is unassessable, with execution, debt reduction, and earnings conversion remaining key open questions.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for AEQUS.

4.00 analysts

Price Forecast

Current
₹242.79
High Target
₹444.00
▲ +82.9%
Median Target
₹277.50
▲ +14.3%
Low Target
₹220.00
▼ -9.4%
Now₹242.79High ₹444.00Median ₹277.50Low ₹220.00Dec '25Now12M Target
Price history (1Y)
Analyst target range
4 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹177.47 - ₹372.8780%
6M₹161.23 - ₹460.7380%
12M₹145.62 - ₹642.8480%
Realized vol: +57.9% · Drift: +39.9%

Revenue Forecast

₹ Cr
Jun '26Current₹39.0
Sep 2026 ETrend estimate range
High₹42.1Base₹39.0Low₹35.9
Sep '25: ₹28.0 · Dec '25: ₹31.0 · Mar '26: ₹37.0 · Jun '26: ₹39.0 · Sep '26: ₹39.0 · Dec '26: ₹43.2
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E28.031.037.039.039.043.2
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹0.06
Sep 2026 ETrend estimate range
High₹0.00Base₹0.00Low₹0.00
Sep '25: ₹0.00 · Dec '25: ₹-0.10 · Mar '26: ₹0.78 · Jun '26: ₹0.06 · Sep '26: ₹0.00 · Dec '26: ₹-0.07
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E0.00-0.100.780.060.00-0.07
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
58%
Analyst Consensus
Weakening

From 4 analysts

Mean upside+25.5%

Fundamentals

Strong

Fundamentals institutional score is 70 using growth durability 69.5.

Valuation

Premium valuation

Valuation institutional score is 24 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 54 using mean target upside 25.5%; dispersion penalty 29.4; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 85 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price304.8 target
Mean Upside+25.5%
Technical Score85%
Fundamental Score70%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

EV/EBITDA
Strongly Overvalued

5Y Average

148.00

Current

203.79

Overvalued

175.60

Undervalued

115.57

P/B
Undervalued

5Y Average

10.03

Current

9.91

Overvalued

10.81

Undervalued

9.48

P/S
Strongly Overvalued

5Y Average

8.87

Current

11.67

Overvalued

11.02

Undervalued

6.69

Peers & Comparison

Sector: Industrials · Theme: Aerospace & Defense Equipments

Aerospace & Defense Equipments Peers5 peers
Avg P/E: 96.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BHARAT DYNAMICS LIMITED
BDLAerospace & Defense Equipments
-73.0%17.2%
112.0x
Premium
+16% vs avg
-13.5%
DATA PATTERNS INDIA LTD
DATAPATTNSAerospace & Defense Equipments
+16.8%28.5%
90.8x
Fair
-6% vs avg
+75.4%
SIGMA ADVANCED SYSTEM LTD
SIGMAADVAerospace & Defense Equipments
54.0%
46.3x
Undervalued
-52% vs avg
+481.7%
PARAS DEF AND SPCE TECH L
PARASAerospace & Defense Equipments
+57.9%18.5%
117.3x
Premium
+22% vs avg
+93.1%
UNIMECH AEROSPACE N MFG L
UNIMECHAerospace & Defense Equipments
+70.9%25.3%
115.1x
Premium
+20% vs avg
+32.1%
WHY THESE PEERS

AEQUS LIMITED is compared against the Aerospace & Defense Equipments cohort. Peers include BHARAT DYNAMICS LIMITED, DATA PATTERNS INDIA LTD, SIGMA ADVANCED SYSTEM LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹39 CrJun 2026

Latest net profit

₹4.07 CrJun 2026

Latest EPS

₹0.06Jun 2026

Net margin

-1.8%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-6.0%-3.0%0.0%3.0%6.0%-20 Cr0.00 Cr20 Cr40 Cr60 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr10 Cr20 Cr30 Cr40 Cr₹-0₹0₹0₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit-15 Cr0.00 Cr15 Cr30 Cr45 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-700 Cr0.00 Cr700 Cr1.40K Cr2.10K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +20.1629.8928.4327.8230.9036.7138.52
Expenses +18.4027.4026.9327.6929.8738.3239.22
Operating Profit1.762.491.500.131.03-1.61-0.70
OPM %8.73%8.33%5.28%0.47%3.33%-4.39%-1.82%
Other Income +4.89-78.676.746.55-4.3964.389.33
Interest0.971.432.042.341.652.820.98
Depreciation2.702.392.362.392.352.362.45
Profit before tax2.98-80.003.841.95-7.3657.595.20
Tax %34.23%0.74%0.00%91.79%-13.32%9.43%21.92%
Net Profit +1.96-80.593.850.17-6.3852.164.07
EPS in Rs0.05-1.390.060.00-0.100.780.06
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderDec 2025Mar 2026Jun 2026
Promoters +59.08%59.08%59.09%
FIIs +4.05%3.90%5.17%
DIIs +11.63%11.39%8.85%
Public +22.88%23.29%24.62%
Others2.36%2.34%2.27%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 09, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 07, 2026PDFCompany Reports Open

Approval Of Aequs Restricted Stock Unit Plan 2026 And Amendment To The Aequs Employee Stock Option Plan 2025

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 04, 2026PDFCompany Reports Open