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Earnings Call

Aequs Earnings Call: Key Takeaways

Aequs Limited reported FY26 consolidated revenue of INR 12,304M, up 33%, with EBITDA of INR 1,545M (13% margin). Management focuses on scaling the consumer segment and expanding its integrated aerospace ecosystem.

Why this was an Alfa AlertNot a filter event. While growth is strong, it meets guidance or is aspirational without a 10%+ material guidance beat confirm.
Highlights
Revenue growthFY26 up 33% YoY; FY27 guided at 45-50% growth.
MarginsEBITDA margins 13% FY26; aiming for 20% long-term in both segments.
Order bookUSD $889 million in aerospace segment.
Demand visibilityStrong; aerospace order book at USD $889 million.
Management confidenceHigh in aerospace order book and consumer ramp-up utility.

Growth

Aerospace grew 27% to INR 10,464M; Consumer grew 84% to INR 1,840M. Q4 revenue hit a record INR 3,671M.

Outlook

Guided 45-50% consolidated revenue growth for FY27; consumer EBITDA breakeven by Q4 FY27; INR 660cr total FY27 capex.

Risks

Hasbro exit from sourcing; high depreciation leading to negative PAT; West Asia crisis impacting logistics and working capital.

Source

Earnings Call filed with NSE, NSE: AEQUS. Summary written with AI assistance from the document.

Read the document ↗

Aequs Limited: key numbers

Share price
₹246.05
Market cap
₹16,502 Cr
Revenue (annual)
₹1,230 Cr
Net profit (annual)
₹-113.2 Cr
P/E (TTM)
-96.9×Sector 53.6×
Promoter holding
59.09%+0.01% QoQ
FII holding
5.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Aequs Limited

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18:35 IST NSE
Other Announcement

Aequs Other Announcement

Aequs Limited has designated its Co-Founder & Managing Director and CFO as the Key Managerial Personnel authorized to determine materiality for stock exchange disclosures.

18:05 IST NSE
Fund Raise

Aequs Fund Raise of ₹650 Cr

Aequs Limited's Board approved a preferential issue of 28,071,690 warrants to Mellwood Trustee Services Private Limited aggregating to ₹649.99998195 Crore.

Value
₹650.0 Cr
10:40 IST BSE
Share Pledge

Aequs Share Pledge

Aequs promoter Melligeri Private Family Foundation pledged 10,05,13,070 shares (14.99%) to secure a ₹200 Crore facility from 360 One Prime Ltd. This equals 25.36% of total promoter group holding.

Value
₹200.0 Cr
21:58 IST BSE
Board Meeting Date

Aequs Board Meeting Date

Aequs Limited has scheduled a board meeting for September 25, 2026, to discuss a proposed preferential issue of warrants and to convene an extraordinary general meeting.

21:44 IST BSE
Share Pledge

Aequs Share Pledge

Promoter Melligeri Private Family Foundation pledged 10.05 crore shares valued at ₹2,300.74 Crore. The pledge is a material transaction requiring public disclosure.

Value
₹2,301 Cr
17:08 IST NSE
Merger & Restructuring

Aequs Merger & Restructuring

Aequs Limited's step-down subsidiary, Aequs Toys HongKong Private Limited, has been voluntarily wound up and dissolved. The entity was not material to the company.