Defence & Aerospace · Aerospace & Defense · NSE: AEQUS · data 2026-10-31
Aequs Ltd.
In plain words
Price: 27.7% below its 52-week high of ₹294.7.
Delivery: 40.7% of traded shares were kept for delivery over the last 10 sessions, against 43.6% over the last 60.
Latest results: a net loss of ₹52 cr for the quarter ended Sept 2026.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹1,498 cr |
| Net profit (last 12 months) | ₹-202 cr |
| Sales growth, 3 years (yearly) | 14.9% |
| Profit growth, 3 years (yearly) | — |
At a glance
Promoters 59.1%, pledged 25.4%, institutions 15.2%.
ROE -10.3%, ROCE -2.9%, operating margin -7.5%: how much profit it earns on the money it uses.
Debt/equity 0.47, Profit growth — and sales growth 14.9% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
None flagged by these rules.
- Low return on equity (-10.3%).
- Thin operating margin (-7.5%).
- Promoters have pledged 25.4% of their shares.
- Reported a loss in the latest quarter.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
AEQUS Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹409.08 crore, up 3.4% QoQ.
Net loss was ₹52.39 crore, a smaller loss than last quarter.
Operating margin was 3.4%.
EPS was -₹0.8, less negative than last quarter.
AEQUS के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹409.08 करोड़; पिछली तिमाही की तुलना में 3.4% की बढ़त।
शुद्ध घाटा: ₹52.39 करोड़; पिछली तिमाही से घाटा कम हुआ।
ऑपरेटिंग मार्जिन: 3.4%।
EPS: -₹0.8; पिछली तिमाही से कम ऋणात्मक।
AEQUSના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹409.08 કરોડ; ગયા ક્વાર્ટરની સરખામણીએ 3.4% વધારો.
ચોખ્ખી ખોટ: ₹52.39 કરોડ; ગયા ક્વાર્ટરની સરખામણીએ ખોટ ઘટી.
ઓપરેટિંગ માર્જિન: 3.4%.
EPS: -₹0.8; ગયા ક્વાર્ટરના કરતાં ઓછી નકારાત્મક.
Written from the filed numbers. Not a recommendation.
Smart-money activity
18/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 6/30: Delivery 37.3% over the last 20 sessions vs 40.1% in the 40 before (0.93x); shares delivered per day 1.37x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 7/15: 6 schemes hold it, about ₹410 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results
- 26 Oct 26Results Q2 FY27 results: net profit −₹52.4 cr -7.0% next session
- 29 Jul 26Results Q1 FY27 results: net profit −₹53.2 cr 0.0% next session
- 26 May 26Results Q4 FY26 results: net profit −₹53.7 cr -11.7% next session
- 30 Jan 26Results Q3 FY26 results: net profit −₹42.7 cr -3.4% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹409 cr | ₹-52 cr | — | 3.4% | -0.8 |
| Jun 2026 | ₹396 cr | ₹-53 cr | — | 3.7% | -0.81 |
| Mar 2026 | ₹367 cr | ₹-54 cr | — | 1.1% | -0.8 |
| Dec 2025 | ₹326 cr | ₹-43 cr | — | 8.9% | -0.7 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 59.09% | 59.09% | 59.08% | 59.08% |
| Foreign institutions (FII) | 5.93% | 5.16% | 3.90% | 4.05% |
| Domestic institutions (DII) | 9.27% | 8.85% | 11.38% | 11.62% |
| Mutual funds | 5.12% | 4.61% | 5.63% | 5.13% |
| Retail investors | 5.07% | 2.94% | 2.00% | 1.91% |
| Number of shareholders | 1,00,201 | 53,564 | 40,774 | 46,797 |
Common questions
What was Aequs Ltd.'s latest quarterly profit?
Aequs Ltd. reported a net loss of ₹52 cr for the quarter ended Sept 2026, on revenue of ₹409 cr.
How much do promoters hold in Aequs Ltd.?
Promoters held 59.09% of Aequs Ltd. at the end of Sept 2026, with 25.36% of promoter shares pledged.
Is Aequs Ltd. debt-free?
Its latest reported debt-to-equity ratio is 0.47.
What is the 52-week high and low of Aequs Ltd.?
The 52-week high is ₹294.7 and the 52-week low is ₹113.3.
Mutual funds holding Aequs Ltd.
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 6 schemes holding about ₹410 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| SBI Children's Fund - Investment Plan | SBI Mutual Fund | 3.52% | ₹280 cr |
| SBI MNC Fund | SBI Mutual Fund | 1.19% | ₹76 cr |
| SBI Balanced Hybrid Fund | SBI Mutual Fund | 1.73% | ₹34 cr |
| ADITYA BIRLA SUN LIFE NIFTY INDIA DEFENCE INDEX FUND | Aditya Birla Sun Life Mutual Fund | 1.14% | ₹16 cr |
| Mirae Asset BSE India Defence ETF | Mirae Asset Mutual Fund | 1.99% | ₹4 cr |
| Mirae Asset BSE Select IPO ETF | Mirae Asset Mutual Fund | 0.52% | ₹0 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Aequs Ltd. | ₹213.05 | ₹14,285 cr | — | 10 | -10.3% | -2.9% | 0.47 | +52.2% |
| Bharat Dynamics Ltd. | ₹974 | ₹35,740 cr | 68.6 | — | 10.2% | 1.9% | 0 | -36.0% |
| MTAR Technologies Ltd. | ₹6,838 | ₹21,031 cr | 111.3 | 22.6 | 12.1% | 14.8% | 0.46 | +187.9% |
| Paras Defence & Space Technologies Ltd. | ₹1,249.7 | ₹10,072 cr | 96.7 | 13.1 | 12.9% | 15.3% | 0.04 | +76.7% |
| Tonbo Imaging India Limited | ₹1,304.4 | ₹7,488 cr | — | 13.5 | 9.8% | 13.3% | 0.23 | +12.4% |
| Ideaforge Technology Limited | ₹628.5 | ₹3,126 cr | 872.8 | — | -2.8% | -6% | 0.14 | +26.2% |
Compare AEQUS with BDL in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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