Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 1.50 | 1.00 | 1.27 | 2.36 | 1.39 | 0.03 | 4.34 | 4.95 | 3.88 | 8.47 |
| Expenses | 0.30 | 0.19 | 3.98 | 0.87 | 1.05 | 2.26 | 1.28 | 0.72 | 5.06 | 3.11 | 3.78 | 3.56 |
| Operating Profit | -0.30 | -0.19 | -2.48 | 0.13 | 0.22 | 0.10 | 0.11 | -0.69 | -0.72 | 1.84 | 0.10 | 4.91 |
| OPM % | -165.33% | 13.00% | 17.32% | 4.24% | 7.91% | -2,300.00% | -16.59% | 37.17% | 2.58% | 57.97% | ||
| Other Income | 0.00 | 0.00 | 0.29 | 0.00 | 0.00 | -22.76 | 0.05 | 0.34 | 15.44 | 0.00 | -5.76 | 0.05 |
| Interest | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 | 0.03 | 0.00 | 1.45 | 0.59 | 0.34 | 0.41 | 0.43 |
| Depreciation | 5.11 | 5.11 | 3.42 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.01 | 0.26 | 0.28 |
| Profit before tax | -5.41 | -5.30 | -5.61 | 0.06 | 0.17 | -22.73 | 0.12 | -1.84 | 14.11 | 1.49 | -6.33 | 4.25 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.22% | 0.00% |
| Net Profit | -5.41 | -5.30 | -5.61 | 0.06 | 0.17 | -22.73 | 0.12 | -1.84 | 14.11 | 1.48 | -7.99 | 4.26 |
| EPS in Rs | -0.15 | -0.15 | -0.22 | 0.00 | 0.01 | -0.90 | 0.00 | -0.07 | 0.56 | 0.06 | -0.31 | 0.17 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 108 | 138 | 57 | 15 | -1 | 0 | 0 | 0 | 2 | 6 | 13 | 22 |
| Expenses | 71 | 97 | 62 | 24 | -0 | 1 | 1 | 1 | 5 | 5 | 13 | 16 |
| Operating Profit | 37 | 41 | -4 | -9 | -1 | -1 | -1 | -1 | -3 | 1 | 1 | 6 |
| OPM % | 34% | 30% | -7% | -56% | -210% | 9% | 4.1% | 28% | ||||
| Other Income | -9 | 0 | -1 | -8 | 1 | 0 | 0 | 0 | 0 | -23 | 10 | 10 |
| Interest | 11 | 15 | 16 | 12 | 13 | 4 | 0 | 0 | 0 | 0 | 3 | 2 |
| Depreciation | 15 | 19 | 23 | 24 | 23 | 20 | 20 | 20 | 19 | 0 | 0 | 1 |
| Profit before tax | 1 | 7 | -44 | -53 | -37 | -25 | -21 | -21 | -22 | -22 | 7 | 14 |
| Tax % | 76% | 31% | 0% | 0% | 0% | 0% | -0% | 0% | 0% | 0% | 22% | |
| Net Profit | 0 | 5 | -44 | -53 | -37 | -25 | -21 | -21 | -22 | -22 | 6 | 12 |
| EPS in Rs | 0.01 | 0.14 | -1.26 | -1.50 | -1.05 | -0.71 | -0.61 | -0.61 | -0.85 | -0.88 | 0.23 | 0.48 |
| Dividend Payout % | 874% | 42% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -19% | % | % | 329% | ||
| Compounded Profit Growth | % | 14% | 24% | 149% | ||
| Stock Price CAGR | -4% | 131% | 409% | -81% | ||
| Return on Equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 25 | 25 | 25 |
| Reserves | 203 | 62 | 67 | 23 | -30 | -67 | -92 | -113 | -135 | -14 | -37 | -31 |
| Borrowings | 76 | 87 | 167 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 0 | 18 |
| Other Liabilities | 23 | 29 | 32 | 190 | 191 | 205 | 208 | 209 | 210 | 59 | 65 | 1 |
| Total Liabilities | 337 | 213 | 301 | 252 | 199 | 175 | 154 | 133 | 113 | 71 | 53 | 14 |
| Fixed Assets | 119 | 119 | 219 | 196 | 171 | 148 | 127 | 107 | 86 | 35 | 5 | 7 |
| CWIP | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 0 | 10 | 0 |
| Investments | 94 | 19 | 9 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 110 | 61 | 59 | 33 | 14 | 13 | 12 | 12 | 13 | 36 | 39 | 7 |
| Total Assets | 337 | 213 | 301 | 252 | 199 | 175 | 154 | 133 | 113 | 71 | 53 | 14 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5 | 38 | 51 | 6 | -10 | 0 | -0 | -0 | 0 | -12 | 6 | 7 |
| Cash from Investing Activity | -79 | -25 | -110 | -1 | 1 | 0 | 0 | 0 | 0 | 46 | -2 | 36 |
| Cash from Financing Activity | 75 | -13 | 58 | -6 | 9 | 0 | 0 | 0 | 0 | -10 | 0 | -51 |
| Net Cash Flow | 1 | -1 | -0 | -1 | -0 | 0 | -0 | -0 | 0 | 24 | 4 | -8 |
| Free Cash Flow | -58 | 21 | -69 | 5 | -9 | 0 | -0 | -0 | 0 | 34 | 4 | 25 |
| CFO/OP | 28% | 107% | 126% | -137% | 114% | -48% | 22% | 27% | -15% | 394% | 1,064% | 1,252% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 122 | 94 | 67 | 44 | 48 | -86 | 428 | 1 | 80 | |||
| Inventory Days | 44 | 0 | 0 | 0 | ||||||||
| Days Payable | 91 | |||||||||||
| Cash Conversion Cycle | 122 | 94 | 67 | 44 | 1 | -86 | 428 | 1 | 80 | |||
| Working Capital Days | 286 | -3 | -30 | -978 | -4,204 | -60,840 | -13,743 | -3,745 | -314 | |||
| ROCE % | 5% | 9% | 10% | -16% | -91% | 143% | 131% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 22.12% | 22.12% | 59.52% | 59.52% | 59.33% | 59.33% | 59.22% | 59.22% | 59.23% | 59.12% | 58.33% | 45.60% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 1.56% | 8.39% |
| DIIs | 16.38% | 16.38% | 0.23% | 0.23% | 0.44% | 0.26% | 0.09% | 39.50% | 39.50% | 0.09% | 29.94% | 27.60% |
| Public | 61.49% | 61.49% | 40.25% | 40.25% | 40.23% | 40.42% | 40.67% | 1.28% | 1.27% | 40.08% | 10.15% | 18.43% |
| No. of Shareholders | 13,035 | 12,951 | 8,627 | 8,340 | 8,208 | 11,626 | 13,723 | 14,013 | 14,288 | 11,882 | 14,237 | 18,382 |
Fundamentals
Market Cap₹ 434 Cr.
Current Price₹ 17.1
Stock P/E611
Book Value₹ -0.22
ROCE131 %
ROE%
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)329%
Compounded Profit Growth (TTM)149%
Standalone figures.
Valuation
Market capRs 392 Cr
Enterprise valueRs 408 Cr
P/E (TTM)33.08x
Price to book-69.06x
Price to sales18.13x
EV / EBITDA25.71x
EV / EBIT26.67x
EV / sales18.84x
Price to cash flow59.44x
Earnings yield3.02%
P/B, 3-year average-6.71x
P/B, 5-year average-3.36x
Profitability
Operating margin (excl. other income)4.09%
Operating margin (incl. other income)80.00%
EBITDA margin73.29%
Pre-tax margin62.48%
Net profit margin54.81%
Net margin, latest quarter50.30%
ROE-67.29%
ROCE2200.00%
ROA17.25%
ROE, 3-year average2656.89%
ROCE, 3-year average-1914.86%
ROA, 3-year average-14.10%
ROE, 5-year average1605.18%
ROCE, 5-year average-1914.86%
ROA, 5-year average-14.88%
ROIC (approx.)121.16%
Tax rate22.34%
Other income / net worth-176.41%
Growth
Sales growth (latest year)119.63%
Sales growth QoQ118.30%
Sales growth YoY (latest quarter)28133.33%
Per share
EPS (TTM)Rs 0.47
EPS (latest quarter)Rs 0.17
EPS, 3-year averageRs -8.66
EPS, 5-year averageRs -7.37
Book value per shareRs -0.22
Sales per shareRs 0.85
Cash flow per shareRs 0.26
Free cash flow per shareRs 0.99
Efficiency
Asset turnover0.97x
Fixed asset turnover1.88x
Debtor days80 days
Debtors turnover4.57x
Creditor days91 days
Cash conversion cycle80 days
Working capital days-314 days
Leverage
Total debtRs 18 Cr
Cash and bankRs 3 Cr
Net debtRs 15 Cr
Debt to equity-3.18x
Net debt / EBITDA0.98x
Interest coverage8.64x
Current ratio (filing 2026-03-31)0.42x
Quick ratio (filing 2026-03-31)0.42x
Trade payables (filing 2026-03-31)Rs 1 Cr
Owners' fund to total sources-41.55%
Debt to assets132.04%
Cash flow
Cash from Operating Activity (latest year)Rs 7 Cr
Cash from Investing Activity (latest year)Rs 36 Cr
Cash from Financing Activity (latest year)Rs -51 Cr
Net Cash Flow (latest year)Rs -8 Cr
Free cash flow (latest year)Rs 25 Cr
Sales to cash flow2.00x
Statement figures
Net sales (TTM)Rs 22 Cr
Net sales (latest year)Rs 13 Cr
Sales (latest quarter)Rs 8 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 14 Cr
Profit before tax (TTM)Rs 14 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 6 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 10 Cr
Total expenditure (latest year)Rs 13 Cr
Total income (latest year)Rs 23 Cr
Share capitalRs 25 Cr
ReservesRs -31 Cr
Shareholders' fundsRs -6 Cr
Total assetsRs 14 Cr
Net blockRs 7 Cr
ReceivablesRs 3 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)25.37
Ownership
Promoter holding45.60% (-13.62 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | AQYLON | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -18.6% | -2.8% | -15.8 pts |
| 1 month | -28.7% | -6.8% | -21.9 pts |
| 3 months | -65.4% | -7.6% | -57.8 pts |
| 6 months | -69.5% | +0.4% | -69.9 pts |
| 1 year | -84.1% | -9.9% | -74.2 pts |
| 2 years | -80.1% | -13.6% | -66.6 pts |
| 3 years | +10206.7% | +14.2% | +10192.5 pts |
| 5 years | +5846.2% | +27.9% | +5818.3 pts |
Red flags
F-score 6 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew 28800% vs sales +120% in 2026 |
| look | Profit leans on other income Other income was 135% of pre-tax profit in 2026 |
| look | On NSE surveillance On NSE surveillance: ASM long-term, GSM |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2026-09-18 | Kurjibhai Premjibhai Rupareliya | Promoter group | sell | 17,736,601 | SAST Open Market |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Sales ₹8 Cr +28133.3% vs Jun 2025.
Net profit ₹4 Cr +331.5%.
Activity
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| Colorchips New Media Ltd | 19 | -8.65 % | |
| Perfect-Octave Media Projects Ltd | 14 | 8.10 % | |
| TV Vision Ltd | 12 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-03-05 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2024-09-09 | Annual General Meeting |
| Date | Type | What it says |
|---|---|---|
| 2026-10-01 | Shareholder meeting | Aqylon Nexus Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026 |
| 2026-09-30 | Shareholder meeting | Proceedings of Annual General Meeting held on September 30, 2026 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
GSMLong Term Additional Surveillance Measure (Long Term ASM): stage 1