Aerospace & Defence: Q1 FY27 results (April-June 2026)

3 companies have declared Aerospace & Defence Q1 FY27 results so far, the latest on 14 Aug 2026.

Across the 2 non-financial companies with a year-ago quarter to compare, sales grew +22648.1% and net profit -93.0% year on year, and the combined operating margin widened 369368 bps to 17.6%.

0% of companies grew net profit; 0% beat their own profit trend and 100% fell short of it.

Updated 12 Oct 2026, 12:20 IST 3 declared 111 due in the next 3 days →

Aerospace & Defence Q1 FY27 scoreboard

Sales growth
+22648.1%
YoY, 2 companies combined
Net profit growth
-93.0%
YoY combined; median -93.0%
Operating margin
17.6%
+369368 bps YoY
Grew profit
0%
0 turnarounds, 0 into loss
Vs own profit trend
0% / 100%
above / below, 0% in line
Price since results
+41.0%
median; 100% of 3 stocks up
Other-income heavy
2
25%+ of pre-tax profit from other income & one-offs

Latest Aerospace & Defence Q1 FY27 results 3

Jaykay Enterprises Limited

JAYKAY · Aerospace & Defence · Q1 FY27 · Consolidated · Filed
M Cap
₹3,003 Cr
P/E
15.0
PEG
—
Since results
+47.2%
  • Operating margin expanded 56193 bps YoY
  • 44% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —+21.9% 74.661.20.5
Operating profit from lossfrom loss 10.6-6.0-2.8
OPM % +56193 bps+2412 bps 14.2%-9.9%-547.7%
Other income -88.8%-98.8% 2.219119.8
Net profit —-97.5% 4.5180—
PAT margin % —-28796 bps 6.1%294.0%—
EPS (₹) —-97.3% 0.3513.06—

Quality of profit

Core 56%Other income & one-offs 44%

Pre-tax profit ₹7.3 Cr: core business ₹4.1 Cr, other income ₹2.2 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: from loss

Against its own trend ?

TrendActualGap
Sales₹1.0₹74.6 +999.0% above
AI read of the filing Jaykay Enterprises Q1 Standalone Net Profit at Rs 1.26 Lakh; Rs 20.05 Cr Exposure Flagged Watch
  • Standalone Total Revenue reported at Rs 287.51 lakh with Operating Income of Rs 161.68 lakh for Q1 ended June 30, 2026
  • Standalone Net Profit stood at Rs 1.26 lakh, translating to an EPS of Rs 0.001
  • Auditors issued Emphasis of Matter on Rs 2,004.95 lakh exposure to non-operational subsidiary Neumesh Labs (negative net worth of Rs 4,417.00 lakh)
Full analysis →

SIGMA ADVANCED SYSTEMS LIMITED

SIGMAADV · Aerospace & Defence · Q1 FY27 · Standalone · Filed
M Cap
₹17,779 Cr
P/E
106.9
PEG
—
Since results
+41.0%
  • Profit -96% below its own trend
  • 49% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —-60.9% 41.31060.0
Operating profit from loss-65.5% 9.828.5-15.9
OPM % —-320 bps 23.8%27.0%—
Other income -96.7%-74.8% 6.224.7188
Net profit -93.0%-79.5% 9.646.7136
PAT margin % —-2099 bps 23.2%44.1%—
EPS (₹) -97.1%-79.6% 0.542.6518.49

Quality of profit

Core 51%Other income & one-offs 49%

Pre-tax profit ₹12.7 Cr: core business ₹6.5 Cr, other income ₹6.2 Cr.

Core profit YoY: from loss · reported profit -93.0%

Against its own trend ?

TrendActualGap
Net profit₹273₹9.6 -96.5% below
AI read of the filing Sigma Advanced Systems Q1 FY27: Revenue at ₹41.33 Cr; Net Profit ₹9.57 Cr Neutral
  • Revenue from operations increased to ₹41.33 Cr from ₹5.21 Cr in the year-ago quarter.
  • Net profit fell to ₹9.57 Cr from ₹137.39 Cr YoY due to the absence of a ₹184.64 Cr property sale gain recorded in Q1 FY26.
  • Acquired a 51% controlling stake in AS Strategic Private Limited during the quarter.
Full analysis →

Aequs Limited

AEQUS · Aerospace & Defence · Q1 FY27 · Consolidated · Filed
M Cap
₹17,910 Cr
P/E
—
PEG
—
Since results
+16.1%
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales —— 396——
Operating profit —— 14.8——
OPM % —— 3.7%——
Other income —— 9.6——
Net profit —— -53.2——
PAT margin % —— -13.5%——
EPS (₹) —— -0.81——

Quality of profit

Pre-tax profit −₹39.8 Cr: core business −₹49.4 Cr, other income ₹9.6 Cr.

Core profit YoY: —

AI read of the filing Aequs Standalone Q1 Revenue Up 35% YoY to ₹38.5 Cr; MD Appointed Compliance Officer Positive
  • Standalone revenue from operations grew 35.5% YoY to ₹38.52 crore.
  • Finance costs decreased by 52% YoY, falling from ₹2.04 crore to ₹0.98 crore.
  • Other income of ₹9.33 crore contributed significantly to the total income of ₹47.85 crore.
Full analysis →

Reporting in the next three days

HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more. Full results calendar →

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI