
About Aerostructures Manufacturing India Private Limited
Data last updated:
Aerostructures Manufacturing India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Aequs Private Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 07 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2013PTC067763. Its GSTIN is 29AALCA3519Q1Z0 (Karnataka).
The company has an authorised share capital of ₹48.65 Cr and a paid-up capital of ₹48.64 Cr. It is led by directors including Nagesh Hassan Rangaswamy (Whole-Time Director) and Vidya Sarathy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹512.9 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹33.4 Cr (net margin 6.5%) and EBITDA of ₹105.8 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company has about 545 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Aerostructures Assemblies and Aequs. As per MCA filings, the company has open charges of ₹318.11 Cr and satisfied charges of ₹105.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹149.04 Cr; the latest was in February 2021. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 563 overdue payments to 22 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aequs.com.
Company details
Contact details
Aerostructures Manufacturing India Private Limited's registered office is in Bangalore, Karnataka. Its website is aequs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAequs Tower No. 55 Whitefield Main Road, Mahadevapura Post, Bangalore, Karnataka, India – 560048
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Aerostructures Manufacturing India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aerostructures Manufacturing India operates two associated brands: Aerostructures Assemblies and Aequs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Major auto components are manufactured and supplied by Aequs. | aequs.com | |
| Produces high-quality products for aircraft assemblies. | aeroassembliesindia.com |
Business activity
The main business activity of Aerostructures Manufacturing India is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Aerostructures Manufacturing India Private Limited, buy the company report.
Financials of Aerostructures Manufacturing India Private Limited
FY 2025 filings availableAerostructures Manufacturing India Private Limited reported revenue of ₹512.9 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 9% growth in the latest year. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹105.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 6.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aerostructures Manufacturing India Private Limited, buy the company report.
Board of directors and KMP of Aerostructures Manufacturing India Private Limited
Aerostructures Manufacturing India Private Limited currently reports 3 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagesh Hassan Rangaswamy | Whole-Time Director | 20 Jan 2025 | 1 Years 9 Months | Current |
| Vidya Sarathy Also directs: Vidya Sarathy & Co LLP, Aequs Limited, Aequs Engineered Plastics Private Limited and 1 more | Director | 20 May 2025 | 1 Years 5 Months | Current |
| Ravi Mallikarjun Hugar Also directs: Aequs Cookware Private Limited | Company Secretary | 23 Nov 2020 | 5 Years 11 Months | Current |
| Dinesh Iyer | Director | 29 Mar 2022 | 4 Years 7 Months | Current |
| Harish Bang | Cfo | 01 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Aerostructures Manufacturing India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Aerostructures Manufacturing India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aerostructures Manufacturing India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2025 | 101179804 | Others | ₹55 Cr | Open | |
| 05 Sep 2025 | 101147631 | Others | ₹25 Cr | Open | |
| 06 Sep 2023 | 100777519 | Hdfc Bank Limited | ₹3.6 Cr | Open | |
| 19 Aug 2019 | 100287491 | Hdfc Bank Limited | ₹111.6 Cr | Open | |
| 30 Aug 2018 | 100206448 | Axis Bank Limited | ₹122.91 Cr | Open |
To see the full charge records of Aerostructures Manufacturing India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Aerostructures Manufacturing India Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹149.04 Cr; the latest was in February 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: Aequs Limited , Aerospace Manufacturing Holdings Private Limited Seller: Aerospace Manufacturing Holdings Private Limited , Aerospace Manufacturing Holdings Private Limited & Rajeev Kaul, Aequs Limited |
| Nov 2018 | Funding round | ₹23.42 Cr | Investors: Aequs Limited |
| Jul 2017 | Funding round | ₹49.52 Cr | Investors: Aequs Limited |
| Feb 2016 | Funding round | ₹72.9 Cr | Investors: Aequs Limited , Aerospace Manufacturing Holdings Private Limited |
| Apr 2015 | Funding round | ₹3.2 Cr | Investors: Aerospace Manufacturing Holdings Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aerostructures Manufacturing India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Aerostructures Manufacturing India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aerostructures Manufacturing India Private Limited was last rated by Icra on 27 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jul 2020 |
To see the full credit ratings and regulatory alerts of Aerostructures Manufacturing India Private Limited, buy the company report.
MSME payment delays
Aerostructures Manufacturing India Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 563 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Samcal Cutting Solutions (India) Private Limited | |||
| an individual supplier | |||
| M/S. N S Tooling Solutions | |||
| an individual supplier | |||
| Gulmohar Pack-Tech India Private Limited |
To see the full MSME payment records of Aerostructures Manufacturing India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aerostructures Manufacturing India Private Limited has a workforce of 545 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Aerostructures Manufacturing India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA3519Q1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aerostructures Manufacturing India Private Limited, buy the company report.
Recent activity
Aerostructures Manufacturing India Private Limited has 19 board changes on record since 2013: 5 appointments and 14 cessations. The latest: Nagesh Hassan Rangaswamy ceased to be Additional Director on 28 Sep 2025.
25 earlier events are in the company report.
News
Frequently asked questions
Aerostructures Manufacturing India is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 07 February 2013 (13+ years old) and is registered under CIN U29253KA2013PTC067763.
Aerostructures Manufacturing India has 5 current directors and KMP:
- Nagesh Hassan Rangaswamy - Whole-Time Director
- Vidya Sarathy - Director
- Dinesh Iyer - Director
- Ravi Mallikarjun Hugar - Company Secretary
- Harish Bang - Cfo
The latest financial statements of Aerostructures Manufacturing India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aerostructures Manufacturing India is 29AALCA3519Q1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Aerostructures Manufacturing India is U29253KA2013PTC067763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aerostructures Manufacturing India has 2 court cases on record: 2 filed against it.
Aerostructures Manufacturing India was incorporated on 07 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Aerostructures Manufacturing India has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹149.04 Cr; the latest was in February 2021.
Nagesh Hassan Rangaswamy ceased to be Additional Director on 28 Sep 2025. Harish Bang was appointed as CFO on 01 Sep 2025. Vidya Sarathy was appointed as Director on 20 May 2025. Aerostructures Manufacturing India has 19 board changes on record in total.
Aerostructures Manufacturing India has 13 MSME Form 1 returns on record between 2019 and 2024, listing 563 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Aerostructures Manufacturing India can be reached through the website aequs.com. Its registered office is in Bangalore, Karnataka, India.

