Aequs Limited has released the transcript of its Q2 FY ’27 Earnings Conference Call, held on October 26, 2026. The company reported a consolidated revenue growth of 45% year-on-year to INR 4,091 million for the quarter and 50% for H1 to INR 8,046 million. The aerospace segment led growth, contributing 86% of Q2 revenue, while the consumer business saw significant revenue increase. Management discussed segment performance, capital allocation, and provided updates on future projects, including the Hosur ecosystem development.
Aequs Limited Q2 FY27 Earnings Call Highlights
Aequs Limited has published the transcript for its Q2 FY ’27 Earnings Conference Call, which took place on October 26, 2026. The call provided a detailed overview of the company’s financial performance and operational developments for the quarter and the first half of the fiscal year.
Financial Performance Overview
Consolidated revenue for the second quarter (Q2 FY ’27) saw a substantial increase of 45% year-on-year, reaching INR 4,091 million. Sequentially, revenue grew by 3%. For the first half (H1 FY ’27), consolidated revenue grew by 50% year-on-year to INR 8,046 million. The aerospace segment was the primary driver of this growth, contributing 86% of the revenue in Q2 and 84% in H1. The consumer business also experienced significant ramp-up, with Q2 revenue growing 52% year-on-year.
Segmental Performance
The aerospace segment delivered a strong quarter, with Q2 revenue up 44% year-on-year to INR 3,514 million. Segment EBITDA increased by 24% to INR 783 million, achieving a margin of approximately 22%. For H1, aerospace revenue grew 42% year-on-year, and segment EBITDA grew 29%. Management noted that aerospace utilization was 69% in Q2, up 8% year-on-year.
In the consumer business, Q2 revenue grew 52% year-on-year to INR 577 million, with H1 revenue more than doubling to INR 1,311 million. However, the segment reported an EBITDA loss of INR 401 million in Q2, attributed to the commencement of commercial operations and associated expensing of operating costs, as well as costs related to new product variants and headcount. Management indicated a recalibration of the path to consumer EBITDA breakeven, previously expected in Q4 FY27.
Strategic Initiatives and Future Outlook
The company highlighted significant developments in its aerospace business, including an order book reaching USD 1.1 billion and a new long-term agreement with 6 Safran entities. The development of the Hosur ecosystem, focusing on aero engine and landing gear components, was also a key milestone. Aravind Melligeri, Executive Chairman and CEO, emphasized deepening participation in global programs and bringing more manufacturing value chain to India. The company is also continuing its capital expenditure, with H1 capex at INR 1,597 million, primarily supporting aerospace and consumer growth. The promoter group has committed an investment of INR 6,500 million through preferential warrants to support future growth plans.
Investor Conference Call Details
The conference call featured presentations from Aravind Melligeri (Executive Chairman and CEO), Rajeev Kaul (Co-Founder and Managing Director), Reenah Joseph (Chief Financial Officer), and Harish Bang (Deputy Chief Financial Officer). The discussion included a detailed Q&A session covering consumer business ramp-up, capex deployment, and the company’s long-term growth trajectory.
Source: BSE
