Aequs Limited
Aequs Limited operates as a diversified contract manufacturer providing vertically integrated product solutions across the aerospace, toys, and consumer durable goods industries. The company offers contract manufacturing services that include design, development, and production of engineered parts and products. It provides vertically and horizontally integrated manufacturing ecosystems, built-to-suit facilities, turnkey office spaces, and infrastructure for manufacturing, engineering, and IT/BT companies. The company operates industrial clusters for aerospace, plastics, toys, and consumer goods. It manufactures cookware, home appliances, and children's products for various brands, as well as delivers ODM and OEM solutions. In addition, it offers integrated warehousing, logistics, supply chain management, skill development and training, and support for social infrastructure and residential accommodation. The company was founded in 1997 and is based in Belgaum, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+55.9%); Mar the lowest (-14.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.6%Neutral MonthJan 2026: -1.60% | +4.6%Positive MonthFeb 2026: +4.58% | -14.5%Negative MonthMar 2026: -14.46% | +55.9%Positive MonthApr 2026: +55.91% | +12.6%Positive MonthMay 2026: +12.59% | +10.5%Positive MonthJun 2026: +10.52% | -2.4%*Negative MonthJul 2026: -2.39% | β | β | β | β | β |
| 2025 | β | β | β | β | β | β | β | β | β | β | β | β |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 2 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ92.00 Cr | β | βΉ-74.00 | β | β | -8.1% | 24.3% | -43.1% |
| Mar 2024 | βΉ74.00 Cr | β | βΉ-130.00 | β | β | -22.7% | 5.7% | 195.5% |
| Mar 2023 | βΉ70.00 Cr | β | βΉ-44.00 | β | β | -8.2% | 34.6% | -75.3% |
| Mar 2022 | βΉ52.00 Cr | β | βΉ-178.00 | β | β | -35.9% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue / Net Sales | 52 | 70 | 74 | 92 |
| Total Expenses | 50 | 68 | 65 | 83 |
| EBIT / Operating Profit | 1 | 2 | 9 | 9 |
| OPM % | 3% | 3% | 12% | 10% |
| Other Income | -157 | -25 | -120 | -63 |
| Finance Costs | 6 | 9 | 8 | 6 |
| Depreciation & Amortisation | 12 | 12 | 11 | 10 |
| Profit Before Tax | -174 | -44 | -130 | -71 |
| Tax % | 3% | 0% | 0% | 5% |
| Net Profit / PAT | -178 | -44 | -130 | -74 |
| EPS (βΉ) | -4.50 | -1.03 | -3.07 | -1.27 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Aequs Limitedthis co. | βΉ9.49 K Cr | βΉ92.00 Cr | 989.00 | 0.00 | -89.19 | 24.3% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |
