Aequs Limited Approves Financial Results for March 31, 2026; Announces Pending Subsidiary Amalgamation
Aequs Limited, formerly known as Aequs Private Limited, announced the approval of its standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors held its meeting on May 26, 2026, where the financial statements were reviewed and approved.The Company’s statutory auditors, M/s. B S R & Co. LLP, Chartered Accountants, issued an audit report providing an unmodified opinion on the financial results for the year ended March 31, 2026.
Financial Performance Highlights
The financial results detail the Group's performance for the year ended March 31, 2026, comparing it to the audited results of the previous year.The consolidated statement of profit and loss for the year ended March 31, 2026, shows the following key figures:
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| Total income (A) | 12,958.15 (in Millions) | 9,592.13 (in Millions) |
| Total expenses (B) | 11,413.65 (in Millions) | 2,998.87 (in Millions) |
| Loss for the period/year | (1,023.46) (in Millions) | (1,132.48) (in Millions) |
| Total comprehensive loss/income | (1,076.69) (in Millions) | (1,076.69) (in Millions) |
Financial Position
The company provided audited statements of assets and liabilities for the year ended March 31, 2026, and the corresponding balance sheet details for March 31, 2025.The key equity and liability figures are summarized in the tables below:
Consolidated Balance Sheet (Amounts in Millions, except per share data)
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Equity share capital | 6,706.66 | 5,818.29 |
| Other equity | 8,158.19 | 1,350.90 |
| Total Equity | 14,864.85 | 7,169.19 |
| Total Liabilities | 12,049.24 | 11,438.62 |
| Total Equity and Liabilities | 26,904.70 | 18,598.40 |
Standalone Balance Sheet (Amounts in Millions, except per share data)
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Total equity | 18,676.98 | 9,095.38 |
| Total liabilities | (Data not provided) | (Data not provided) |
| Total assets | (Data not provided) | (Data not provided) |
Key Corporate Developments
The Company provided several updates concerning corporate structure and capital raises:Merger Plan
The Parent Company approved the Scheme of Amalgamation of certain wholly owned subsidiaries, including AeroStructures Manufacturing India Private Limited, Aequs Engineered Plastics Private Limited, and Aequs Force Consumer Products Private Limited, with itself. The Scheme and related applications are pending necessary approvals. The Company stated that this merger will not have an impact on the consolidated financial statements of the Group.
Capital Activities and IPO
During the quarter and year ended March 31, 2026, the Company completed an initial public offering (IPO) of 74,355,351 equity shares. The issue comprised a fresh issue of 54,047,958 shares and an offer for sale of 20,307,393 shares. The fresh issue included 176,991 equity shares issued to employees at a discounted price of 113/- per share. Overall, the Company raised 7,670.00 Mn through the IPO.
Additionally, the Company raised 7,140.00 Mn as part of Pre-IPO proceeds from the issuance of 11,615,713 equity shares, each with a face value of 10/- and an issue price of 123.97/- per share.
The Group also reported incurring 7,476.22 Mn towards Initial Public Offer (IPO) expenses, with 7,390.2 Mn expensed to the Statement of Profit and Loss as an exceptional loss.
Regulatory and Accounting Notes
The Group reported an assessed incremental impact of 7,37.93 Mn under 'Exceptional items' in the consolidated financial results for the year ended March 31, 2026. This impact is primarily related to changes in gratuity resulting from the notification of four Labour Codes by the Government of India.
AEQUS Stock Price Movement
Shares of Aequs Limited today slipped by 2.06% to settle at ₹211.63, shedding ₹4.44 from its previous close. Despite the day's pullback, the stock remains near its yearly high, noting a market peak of ₹223.85 on record trading volume of 2.23 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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