Aequs Limited filed a press release announcing its financial results for the quarter and year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under the signature of Ravi Mallikarjun Hugar, Company Secretary and Compliance Officer.

Financial Performance Highlights (Consolidated)

Q4 FY2026 Results (₹ Million):

  • Revenue from Operations: ₹3,671 (vs. ₹2,493 in Q4 FY2025, +47% YoY)
  • EBITDA: ₹321 (vs. ₹416 in Q4 FY2025, -23% YoY)
  • EBITDA Margin: 9% (vs. 17% in Q4 FY2025, decline of >100 bps)
  • PAT: -₹541 (vs. ₹90 in Q4 FY2025, -693% YoY)
  • PAT Margin: -14% (vs. 3% in Q4 FY2025, decline of >100 bps)

Full Year FY2026 Results (₹ Million):

  • Revenue from Operations: ₹12,304 (vs. ₹9,246 in FY2025, +33% YoY)
  • EBITDA: ₹1,545 (vs. ₹1,080 in FY2025, +43% YoY)
  • EBITDA Margin: 13% (vs. 12% in FY2025, +100 bps)
  • PAT: -₹1,133 (vs. -₹1,024 in FY2025, -11% YoY)
  • PAT Margin: -9% (vs. -11% in FY2025, improvement of >100 bps)

Business Segment Performance

Aerospace Segment:

  • FY26 revenue: ₹10,464 million, growing 27% YoY
  • Order book: USD 889 million
  • 433 new aerospace parts added in Q4 FY26
  • Total aerospace SKU portfolio: 5,654 parts
  • Year-on-year Aerospace SKU portfolio increased by 26%
  • Capacity utilization: 62% overall (70% in India operations)

Consumer Segment:

  • FY26 revenue growth: 84% YoY
  • Contribution to total revenues: 17% in Q4 FY26
  • Capacity utilization: 23%

Management Commentary

Mr. Aravind Melligeri, Executive Chairman and Chief Executive Officer, stated that FY26 was a "landmark year" defined by strong execution, business expansion, and the company's IPO. He highlighted the 33% YoY revenue growth to ₹12,304 million and 43% YoY EBITDA growth, reflecting operating leverage as programs mature and scale. The management expressed confidence in sustaining growth momentum in FY27, citing quality standards and delivery reliability that underpin long-term OEM relationships.

Strategic Developments and Investments

The company announced two significant Memoranda of Understanding (MoUs) for expansion:

  • ₹1,900 crore MoU with Tamil Nadu government for integrated aerospace ecosystem
  • ₹2,856 crore MoU with Karnataka government for expansion across segments

Operational Capacity

The company has an annual machining and molding capacity of 4.70 million hours per year (Q4 FY26 annualized) with advanced special process certifications.

Company Description

Aequs Limited is described as an engineering-led, vertically integrated precision manufacturer operating within a single SEZ in India, with operations across aerospace and consumer segments. The company operates ecosystems with co-located capabilities spanning forging, precision machining, surface treatment, and assembly. It serves as a Tier-1 supplier to leading global aerospace OEMs including Airbus, Boeing, Safran, and Collins Aerospace, and also serves leading global brands in consumer electronics, plastics, and durables.

Contacts

Investor Relations contacts provided:

  • Vice President, Finance: investor.relations@aequs.com
  • Vice President, Communications: chitti.pantulu@aequs.com
  • External contacts from Ernst & Young LLP and Adfactors PR included

Safe Harbor Statement

The press release contains forward-looking statements subject to risks and uncertainties, with the company undertaking no obligation to update these statements except as required under applicable laws.