Aerpace Industries Limited

About

Aerpace Industries Limited engages in renewable energy and infrastructure business in India. It offers aerverse flying car ecosystem; aerdock, an AI powered and fully automated docking station; and aerCar, a fully electric and light weight vehicle. The company also develops aerwing, an advanced flying vehicle, such as aertaxi for public transportation; aerdrive for private transportation; aercargo for domestic perishable logistics; and aercare for emergency services. In addition, it offers aervolt, an AI integrated solar panels; areshield, the unmanned combat ecosystem; and aerpace, a motorsport. The company was formerly known as Supremex Shine Steels Limited and changed its name to Aerpace Industries Limited in April 2023. Aerpace Industries Limited was incorporated in 2011 and is based in Mumbai, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	0.61	0.62	0.51	0.51	0.51	0.45	0.39	0.39	0.39	0.30	0.30	0.30	0.29
Expenses	3.58	6.95	2.27	2.10	1.69	2.57	1.74	1.24	0.88	0.69	0.54	0.47	0.71
Operating Profit	-2.97	-6.33	-1.76	-1.59	-1.18	-2.12	-1.35	-0.85	-0.49	-0.39	-0.24	-0.17	-0.42
OPM %	-486.89	-1,020.97	-345.10	-311.76	-231.37	-471.11	-346.15	-217.95	-125.64	-130.00	-80.00	-56.67	-144.83
Other Income	0.76	0.52	0.45	0.42	0.51	0.53	0.45	0.27	0.15	0.12	0.07	0.07	0.07
Depreciation	0.67	0.56	0.51	0.52	0.51	0.10	0.87	0.08	0.08	0.08	0.08	0.08	0.07
Interest	0.74	0.38	0.34	0.27	0.17	0.01	0.36	0.02	0.02	0.02	0.02	0.03	0.03
Profit before tax	-3.62	-6.75	-2.16	-1.96	-1.35	-1.70	-2.13	-0.68	-0.44	-0.37	-0.27	-0.21	-0.45
Tax %	-1.66	-0.74	-1.85	-3.06	-5.19	-4.12	-2.82	0.00	2.27	-5.41	-7.41	19.05	-6.67
Net Profit	-3.56	-6.69	-2.12	-1.90	-1.28	-1.63	-2.08	-0.68	-0.45	-0.35	-0.24	-0.25	-0.42
EPS in Rs	-0.23	-0.43	-0.14	-0.12	-0.08	-0.11	-0.14	-0.05	-0.03	-0.03	-0.02	-0.02	-0.03

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	2.00	2.00	1.00	0.00	0.00	2.00	15.00	4.00	3.00	0.00	0.00	1.00
Expenses	13.00	6.00	2.00	2.00	0.00	2.00	15.00	4.00	3.00	0.00	0.00	1.00
Operating Profit	-11.00	-5.00	-1.00	-2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
OPM %	-508.00	-297.00	-103.00	—	—	-6.00	-0.60	-3.40	2.30	7.00	22.00	3.30
Other Income	2.00	1.00	0.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	2.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-12.00	-5.00	-1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Tax %	-2.00	-2.00	0.00	7.00	0.00	25.00	25.00	24.00	25.00	—	0.00	0.00
Net Profit	-12.00	-5.00	-1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS in Rs	-0.78	-0.31	-0.09	0.01	-0.01	0.00	0.01	0.01	0.00	0.00	0.00	0.00
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	15.00	15.00	14.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	27.00	35.00	-1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Borrowings	38.00	15.00	1.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	4.00	3.00	1.00	0.00	0.00	0.00	6.00	2.00	3.00	0.00	0.00	0.00
Total Liabilities	85.00	68.00	15.00	5.00	4.00	4.00	9.00	5.00	6.00	3.00	3.00	3.00
Fixed Assets	19.00	15.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	26.00	16.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	8.00	8.00	8.00	0.00	0.00	3.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	32.00	29.00	5.00	4.00	4.00	0.00	9.00	5.00	6.00	3.00	3.00	3.00
Total Assets	85.00	68.00	15.00	5.00	4.00	4.00	9.00	5.00	6.00	3.00	3.00	3.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-9.00	-6.00	-1.00	0.00	-3.00	3.00	0.00	-3.00	3.00	0.00	0.00	0.00
Cash from Investing Activity	-13.00	-36.00	-9.00	0.00	3.00	-3.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activity	22.00	41.00	10.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-3.00	3.00	0.00	0.00	0.00
Free Cash Flow	-25.00	-22.00	-2.00	0.00	-3.00	3.00	0.00	-3.00	3.00	0.00	0.00	0.00
CFO/OP %	80.00	121.00	64.00	12.00	1,988.00	-2,064.00	-189.00	2,154.00	3,250.00	200.00	50.00	-50.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	123.00	219.00	65.00	—	—	44.00	131.00	209.00	294.00	78.00	122.00	18.00
Inventory Days	—	—	—	—	—	0.00	0.00	29.00	0.00	0.00	—	0.00
Days Payable	—	—	—	—	—	—	—	180.00	—	—	—	—
Cash Conversion Cycle	123.00	219.00	65.00	—	—	44.00	131.00	58.00	294.00	78.00	122.00	18.00
Working Capital Days	-326.00	-622.00	950.00	—	—	8.00	74.00	315.00	53.00	7,874.00	12,288.00	1,843.00
ROCE %	-15.00	-11.00	-13.00	6.00	-3.00	2.00	6.00	5.00	2.00	0.00	0.00	0.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	45.25	45.25	44.74	44.93	45.35	45.35	46.60	46.53	50.71	50.71	50.71	46.60
Public	54.75	54.76	55.26	55.07	54.64	54.66	53.41	53.46	49.29	49.28	49.28	53.40
No. of Shareholders	20,255	20,493	21,169	21,258	19,634	19,018	18,193	13,762	9,666	7,776	7,011	5,874