Aequs Ltd. · NSE:AEQUS
Aequs — Investor Day (June 2026)
30 slides from Aequs's investor day presentation, Jun 18, 2026
Slide 1: Exchange filing cover letter for Investor Presentation
June 18, 2026 To, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C-1, Block G, 20th Floor, P.J. Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051. Mumbai - 400001. NSE Scrip Symbol: AEQUS BSE Scrip Code: 544634 Subject: Investor Presentation Ref: Regula
Slide 2: Engineering Growth. Delivering Value.
Engineering Growth. Delivering Value. Aravind Melligeri, Executive Chairman & CEO, Aequs Limited 18 June 2026
Slide 3: Foundation in place for an enduring legacy
Foundation in place for an enduring legacy 2008 17+ Years 2024 Aequs is well-entrenched in Our ecosystems deliver Precision Manufacturing. increased customer value. • Aerostructures Machining • Aero Engine components • Injection Molding Center of • Pressed Parts Center of • Soft & Hard metal capabil
Slide 4: 15 Years of Talent & Leadership Evolution
From a team to an institution 15 Years of Talent & Leadership Evolution 2011 15 Years Later 2026 45+ Leaders 14 Leaders 3
Slide 5: Built on path-breaking achievements and milestones
Built on path-breaking achievements and milestones. ▪ Entered JV with Accel India Fund, ▪ Expanded into Europe Vagus to set up through acquisition of Ajna Aerospace to SIRA Group focus on UAV manufacturing. ▪ Delivered first consignment of plastic ▪ Entered into MoU Began manufacturing toys & commen
Slide 6: Aerospace Ecosystem @Belagavi, Karnataka, India
Aerospace Ecosystem @Belagavi, Karnataka, India India’s 1st Precision Engineering Special Economic Zone FG Surface Treatment Unit 2 Stores Surface Treatment Forging & Heat Treatment Engineered Tooling Room Plastics Aerostructures Assemblies Precision Machining Engineering Services Surface Finished E
Slide 7: Organically developed and scaled verticals to tap global customer needs
Organically developed and scaled verticals to tap global customer needs AEROSPACE CONSUMER GLOBAL RECOGNITION • India’s First Notified Precision Engineering SEZ – • India's 1st Toys Cluster at Koppal - Operationalized • First Airbus Innovation Award (2016) Belagavi (2009) 2021 • Airbus D2P Award (20
Slide 8: Partnerships to develop capabilities, expand markets, and drive shared growth
Partnerships to develop capabilities, expand markets, and drive shared growth. API SQuAD ACPL Ajna Aerospace & Defence 50:50 JV between Magellan Aerospace & 50:50 JV between Aubert & Duval and 50:50 Joint Venture between Tramontina Aequs operating since 2008 Equal JV between Aequs, Accel India & Aeq
Slide 9: The Aequs DNA is what makes us tick!
The Aequs DNA is what makes us tick! Deliver Increasing Stakeholder Value through innovative, efficient, global ecosystems A Preferred Global Partner in Every Market we Serve Building Legacy Valuing People Collaboration Investments Improvement Embedded Continuous Learning Quality Transparency Trust
Slide 10: By 2030 manufacturing output will increase ~3x of 2020 output
By 2030 manufacturing output will increase ~3x of 2020 output • India stands to gain from geopolitical and economic trends that India is the emerging are steering the diversification of Asia’s manufacturing supply manufacturing chain. powerhouse • Increasing local demand and improving competitivenes
Slide 11: The Aequs Playbook: Approach to long-term sustenance and value creation
The Aequs Playbook: Approach to long-term sustenance and value creation PATIENCE PROCESS Capital Discipline Institutional Repeatability 1. Long qualification cycles 1. SOP-driven operations 2. Initial ROCE : Low to –ve 2. Repeatable output 3. Plan upfront for ecosystem 3. Auditable quality buildout
Slide 12: Aequs Vision 2031
Aequs Vision 2031 Diversified precision manufacturing company leveraging ecosystems to deliver industry leading performance Revenue* EBITDA ROCE ** 4x to 6x 18% to 22% 20% PLATFORM COMPOUNDING MOAT AEROSPACE – PROVEN ENGINE CONSUMER – OPERATING LEVERAGE CAPITAL EXPENDITURE 4X – 5X Revenue* Growth at
Slide 13: Aequs Strategy, Value Creation Framework
Aequs Strategy, Value Creation Framework Rajeev Kaul Co-founder & MD, Aequs Limited
Slide 14: One Platform. Infinite Possibilities!
Vision for exponential growth needs scale & capabilities across industries AEROSPACE One Platform. Infinite Possibilities! Harness high-entry-barrier manufacturing platform to extend Sustain Sustain & & Expand Expand to to Adjacencies Adjacencies capabilities across industries, accelerate technology
Slide 15: Deepening Engagement for Exponential Growth
Deepening Engagement for Exponential Growth 1. TALENT & CAPABILITY Attract – Develop – Deploy Build world-class precision manufacturing skills & competencies 7. LEVERAGE RISK DIVERSIFICATION Attract - Build - Expand Translate manufacturing shifts into value. Convert global tailwinds into growth. 2.
Slide 16: The Talent Factory: Aequs' Engine for Precision Mastery
The Talent Factory: Aequs’ Engine for Precision Mastery Attract → Develop → Culture → Impact. An integrated People & Culture Operating System that creates a scalable pipeline of precision talent and leadership across the Aequs ecosystem. 01 AT T R AC T 02 DEVELOP 03 C ULT UR E 04 IMPACT Talent from
Slide 17: Aerospace: Deepening the Engagement
Aerospace: Deepening the Engagement Mohamed BOUZIDI Edwin Meyer Rachit Parekh President, Vice President, Partner, Aequs Aerospace AAF Business Development Accel
Slide 18: Long-term commercial aerospace growth to lead manufacturing
Long-term commercial aerospace growth to lead manufacturing Travel bug sustains OEMs are enthusiastic on new demand! IATA projects pax traffic to cross 5 bn in 2026. Long-term demand growth to continue at 3-4% CAGR Traffic to double by 2045-50. Airline industry set to cross the trillion-dollar mark
Slide 19: Why Aequs for Aerospace?
Why Aequs for Aerospace? Precision & Pedigree Integrated Ecosystem • 30+ years aerospace-grade manufacturing • Single campus: Forging → Machining → Surface Treatment → Assembly • Why Aequs for AS9100D / NADCAP certified across machining, forging & • Aerospace 10KT closed-die press - India's only com
Slide 20: Aerospace & Defence – New Initiatives
Aerospace & Defence – New Initiatives Aero-Engine Component Ecosystem (AECE) Ajna Aerospace & Defence JV for UAVs with Accel India & Vagus SIPCOT, Shoolagiri Industrial Park, Hosur, TN Defence Tech & Aerospace Aequs Limited and the Government of Tamil Nadu signed an MoU in February 2026, wherein Aeq
Slide 21: New Ecosystem for Aircraft Engines, Landing Gear & Systems Components
New Ecosystem for Aircraft Engines, Landing Gear & Systems Components Engineering Support Closed Die Surface Machining Raw RM Cutting and Open Die Heat Treat & Testing Inspection Billet/Ingot & Ring Treatment & & Delivery Material preparation Forging Rolling NDT Fabrication Special Processes New sit
Slide 22: Ajna Aerospace & Defence Systems JV
Ajna Aerospace & Defence Systems JV Playing in a US$22B capital acquisition pool. US $16.5B (~75%) reserved for domestic players. Growing 20-30% y-o-y. Focused on multiple Additional opportunity from revenue programs to build a budget for smaller drones pipeline in FY26 India’s defence budget: INR 7
Slide 23: Fast-track 5-10 year development: License. Indigenize. Create.
Fast-track 5-10 year development, world-class platforms for battle-tested products License. Indigenize. Create. Phase 1: Absorb Phase 2: Indigenize Phase 3: Create FY27-FY28 FY28-FY29 FY30+ License battle-proven platforms at TRL 6- Begin delivering to the armed forces. Own-design platforms on indige
Slide 24: Consumer: Charging Ahead
Consumer: Charging Ahead Rajeev Kaul Co-founder & MD
Slide 25: Macro Tailwinds: A Large Consumer Market with Structural Advantage
Macro Tailwinds : A Large Consumer Market with Structural Advantage Electronics Outsourced Manufacturing Opportunity $Bn 0 10 20 30 40 50 60 Wearables Outsourcing Tablet Outsourcing Laptop Enclosures Cookware Outsourcing Non-Stick Cookware Toy Outsourcing Source: Frost & Sullivan Study for Aequs 202
Slide 26: Leveraging Precision-Led Capabilities to Capture High-Growth Opportunities
Leveraging Precision-Led Capabilities to Capture High-Growth Opportunities Structural Tailwinds Supporting Growth Why Aequs 5X PLI + $120 Bn + Precision Ecosystem Risk Max eng. growth Diversifi- State content Aerospace-grade Integrated metals, cation incentives manufacturing plastics, tooling and di
Slide 27: Evolving from Reliable Component Supplier to Strategic Co-Development Partner
Evolving from Reliable Component Supplier to Strategic Co-Development Partner 2030 - 2031 2028 - 2029 NPI Co-Developer | Future Factory 2026 - 2027 Horizontal Growth & KIT R&D NPI FACILITY MICRO FINISH LAB -ING Supplies 2023 - 2025 Scale & Stabilize Product ECOSY -STEM AUTOMA CLOSED LOOP EXPAN Portf
Slide 28: Aequs Vision 2031
Aequs Vision 2031 Diversified precision manufacturing company leveraging ecosystems to deliver industry leading performance Revenue * EBITDA ROCE ** 4x to 6x 18% to 22% 20% CAPITAL EXPENDITURE PLATFORM COMPOUNDING MOAT AEROSPACE – PROVEN ENGINE CONSUMER – OPERATING LEVERAGE Sustained Revenue * Growt
Slide 29: Our journey…
Our journey… • QuEST Global • Set up SQUAD Forging • Acquired aerospace • Ground-breaking of • Formed JV with • Formed Ajna Aerospace & Manufacturing started India JV with Aubert & manufacturing India’s first Toy Tramontina Global for Defence – Equal as part of QUEST Global Duval. operations in Nor
Slide 30: Safe harbor
AEQUS iSiiéstor ecosystems of efficiency DAY 2026 9) Safe harbor. This document may contain forward-looking statements including statements relating to Aequs’ (‘Company’) business prospects, plans, strategies, goals, and future performance. These forward-looking statements are based on the current e