Aequs Aerospace Soars with 38% Growth; Consumer Profitability Still Distant
Earnings
C
CNBC TV18•30-01-2026, 13:11
Aequs Aerospace Soars with 38% Growth; Consumer Profitability Still Distant
- •Aequs' aerospace division achieved 38% year-on-year growth in Q3, exceeding the 20% guidance, driven by a strong $814 million order book.
- •Operational leverage from increased aerospace capacity utilization (71% in India) significantly boosted EBITDA growth, with a target of 75% utilization next quarter.
- •The consumer business saw utilization improve to 31% from 12% year-on-year, but profitability is expected only after crossing 50% utilization.
- •Two new consumer electronics products shipped last quarter are anticipated to help ramp up consumer segment utilization.
- •The India-EU trade agreement is a minor tailwind, potentially making Indian consumer goods, especially toys, more competitive in Europe.
Why It Matters: Aequs' aerospace segment drives strong growth and profitability, while consumer business seeks future breakeven.
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