stockrow
Friday 6 November 2026
Export AERT’s income statement to Excel — free account
Aeries Technology, Inc.
AERT Industrials Consulting Services
Aeries Technology, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $70.0 million, roughly unchanged from fiscal 2025.
- Revenue
- +43.0%
- EPS
- +19.2%
- Free cash flow
- +309.6%
- Total debt
- −27.1%
Quarter to June 2026, against a year earlier
5.38
0.18
−3.24%
Follow AERT
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Jun ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 53 | 73 | 70 | 70 | 77 | +9.7% | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | — | 25.72 | 29.85 | 23.82 | 24.71 | 25.98 | (1.0) pt | ||||||
| EBT | — | — | — | — | (3) | 10 | 3 | 19 | (23) | 5 | 7 | n/m | ||||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | 5.21 | 26.38 | (32.29) | 7.81 | 8.55 | +7.8 pt | ||||||
| Net income | 0 | — | — | — | (3) | 10 | 2 | 17 | (22) | 3 | 4 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.00 | 0.00 | 37.35 | 13.04 | 11.59 | 13.23 | n/m | |||||
| Earnings | — | — | — | — | (4.12) | 13.58 | (0.53) | 7.28 | (3.68) | 0.40 | 0.47 | n/m | ||||||
| Cash flow | — | — | — | — | (1.31) | (0.62) | 0.00 | (2.21) | (0.19) | 1.12 | 1.77 | n/m | ||||||
| Capex | — | — | — | — | 0.00 | 0.00 | 0.00 | (0.78) | (0.24) | (0.17) | (0.18) | n/m | ||||||
| Free cash flow | — | — | — | — | (1.31) | (0.62) | 0.00 | (2.99) | (0.42) | 0.95 | 1.59 | n/m | ||||||
| Book value | — | — | — | — | (30.95) | (6.27) | 0.00 | (0.99) | (1.13) | (0.50) | (0.45) | (56.1%) | ||||||
| Shares, m | — | — | — | — | 1 | 1 | — | 2 | 5 | 6 | 6 | +56.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 13.86 | 3.79 | 0.00 | 5.95 | 11.45 | 5.9 | |||||
| P/S | — | — | — | — | — | — | 0.00 | 0.54 | 0.36 | 0.22 | 0.41 | 0.3 | ||||||
| P/B | — | — | — | — | — | — | 4.42 | 0.00 | 0.00 | 0.00 | 0.00 | 1.1 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.53 | 0.33 | 0.16 | 0.34 | 0.3 | ||||||
| EV/FCF | — | — | — | — | — | — | (198.18) | (6.61) | (10.25) | 1.92 | 2.82 | (53.3) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | (1) | 0 | 2 | (4) | (1) | 7 | 10 | n/m | |||||
| Capex | — | — | — | — | 0 | — | (2) | (2) | (1) | (1) | (1) | n/m | ||||||
| Free cash flow | — | — | — | — | (1) | 0 | 1 | (6) | (2) | 6 | 9 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 1 | (4) | 8 | (5) | (11) | (7) | (4) | n/m | |||||
| Net debt | — | — | — | — | (1) | 0 | 0 | (1) | (2) | (4) | (5) | +52.0% | ||||||
| Shareholders’ equity | — | — | — | — | (20) | (5) | 13 | (2) | (6) | (3) | (3) | (31.3%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | (2.26) | 4.17 | 1.07 | 37.37 | (44.18) | 6.25 | 7.06 | +8.5 pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 10.95 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | — | — | — | — | 0.00 | (80.31) | 32.27 | 271.00 | 494.33 | (56.16) | (79.36) | (56.2) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | 1 | 1 | — | 1,700 | 1,400 | 1,692 | — | +342.3% | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 | 0.04 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
Aeries Technology, Inc. vs peers in Consulting Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EGG Enigmatig Limited | $143.8M | — | — | — | — | — | — | — | Compare |
| RGP Resources Connection, Inc. | $91.3M | — (loss-making) | — (loss-making) | −18.42% (below 0%: shrinking) | n/m | −140.54% (below 0%: shrinking) | 37.38% | (7.45%) | Compare |
| EFTY Etoiles Capital Group Co., Ltd. | $75.1M | — | — | — | — | — | — | — | Compare |
| ACCL Acco Group Holdings Limited | $35.4M | — | — | — | — | −149.84% (below 0%: shrinking) | — | — | Compare |
| DGNX Diginex Limited | $33.5M | — | — | — | — | −114.00% (below 0%: shrinking) | — | — | Compare |
| AERT Aeries Technology, Inc. | $29.2M | 11.4× | — | +42.97% (above 0%: growing) | +19.23% (above 0%: growing) | +309.55% (above 0%: growing) | 29.10% | 15.33% | |
| RYOJ rYojbaba Co., Ltd. | $26.9M | — | — | — | — | — | — | — | Compare |
| FOFO Hang Feng Technology Innovation Co., Ltd. | $21.2M | — | — | — | — | +31.30% (above 0%: growing) | — | — | Compare |
| GRNQ Greenpro Capital Corp. | $12.7M | — (loss-making) | — (loss-making) | −29.24% (below 0%: shrinking) | n/m | +36.40% (above 0%: growing) | 62.21% | (243.02%) | Compare |
| Median of peers | $34.4M | — | — | — | — | −114.00% | — | — |