Aequs Listed

Aequs is positioned as the only Indian precision-components manufacturer offering fully vertically integrated aerospace manufacturing from within one SEZ, versus peers with selective capacities.

Aequs highlights full in-country/in-cluster value addition as a strategic differentiator for select products.

Aequs supplies precision components and assemblies to most global aerospace companies.

Aequs' consumer-facing manufacturing clients span toys and consumer durables.

Aequs' relationships with global aerospace OEMs and Tier-1 suppliers operate under high entry barriers, reflecting trust built on quality, compliance and delivery track record.

Aequs delivers and engineers its aerospace products through facilities positioned across India, the U.S., and France, giving it strategic proximity to global OEM customers for engineering collaboration and timely delivery.

Aequs set up its Paris, Texas site specifically as a logistics hub to deliver parts manufactured in India into the U.S. market, and registered it with the U.S. State Department for ITAR-controlled aerospace parts, giving it a compliant delivery channel into the U.S. defense/aerospace supply chain.

Aequs runs the full precision-manufacturing chain within a single SEZ — rare among Indian aerospace/component manufacturers — giving it a one-stop-shop proposition for OEMs.

Aequs' founder-chairman led the setting up of the Belagavi Manufacturing Cluster, recognized as the first precision engineering SEZ in India.

Established in 2016 as part of Aequs' aerospace ecosystem build-out.

Installed manufacturing capacity across the aerospace and consumer segments, as of September 30, 2025.

Joint venture partnership established in 2011-12, adding Forging & Heat Treatment capabilities to the Aerospace ecosystem.

JV partnership set up in 2006-07, adding Surface Treatment capabilities to the Aerospace ecosystem; API's Surface Treatment facility was later approved by Airbus and Boeing as the first in India.

Entered into a joint venture with Tramontina in 2024-25 to launch Aequs Cookware Pvt. Ltd. (ACPL).

The Aerospace Segment is Aequs' leading revenue contributor.

Net external revenue from the Consumer Segment (consumer electronics, plastics/toys, consumer durables), reported alongside the Aerospace segment in the RHP-restated financial table.

Materials cost is Aequs's biggest expense line by far, reflecting its reliance on specialized aerospace-grade metals and alloys for precision manufacturing.

Wages and benefits for Aequs's manufacturing and engineering workforce across its Indian SEZ clusters and overseas facilities form its second cost driver.

Other operating expenses (covering plant overheads, subcontracted processes, freight and other manufacturing costs) form the third major cost line in Aequs's restated P&L.

Finance costs reflect borrowings used to fund Aequs's capital-intensive machinery/tooling base and its long cash-conversion cycle from extended receivables and inventory needs.