Saturday 17 October 2026
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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. In the quarter to June 2026, revenue grew 43.0%, EPS grew 29.2%, free cash flow grew 309.6% and total debt fell 27.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
6.25
0.35
−5.30%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | 77.60 | 77.60 | 12.00 | 4.69 | 3.68 | 2.08 |
Analyst estimates 2027–2029 Powerpack |
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| High | — | — | — | — | 78.48 | 81.60 | 91.20 | 24.96 | 12.14 | 7.96 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | 1 | 1 | — | 1,700 | 1,400 | 1,692 | ||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.04 | 0.05 | 0.04 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 53 | 73 | 70 | 70 | ||||
| Gross margin, % | — | — | — | — | — | — | 25.72 | 29.85 | 23.82 | 24.71 | |||||
| EBT | — | — | — | — | (3) | 10 | 3 | 19 | (23) | 5 | |||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | 5.21 | 26.38 | (32.29) | 7.81 | |||||
| Net income | 0 | — | — | — | (3) | 10 | 2 | 17 | (22) | 3 | |||||
| Depreciation | — | — | — | — | 0 | — | 1 | 1 | 1 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.00 | 0.00 | 37.35 | 13.04 | 11.59 | ||||
| Earnings | — | — | — | — | (4.12) | 13.58 | (0.53) | 7.28 | (3.68) | 0.40 | |||||
| Cash flow | — | — | — | — | (1.31) | (0.62) | 0.00 | (2.21) | (0.19) | 1.12 | |||||
| Capex | — | — | — | — | 0.00 | 0.00 | 0.00 | (0.78) | (0.24) | (0.17) | |||||
| Free cash flow | — | — | — | — | (1.31) | (0.62) | 0.00 | (2.99) | (0.42) | 0.95 | |||||
| Book value | — | — | — | — | (30.95) | (6.27) | 0.00 | (0.99) | (1.13) | (0.50) | |||||
| Shares, m | — | — | — | — | 1 | 1 | — | 2 | 5 | 6 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 13.86 | 3.79 | 0.00 | 6.25 | ||||
| P/S | — | — | — | — | — | — | 0.00 | 0.54 | 0.36 | 0.22 | |||||
| P/B | — | — | — | — | — | — | 4.42 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.53 | 0.33 | 0.16 | |||||
| EV/FCF | — | — | — | — | — | — | (198.18) | (6.61) | (10.25) | 1.92 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | (1) | 0 | 2 | (4) | (1) | 7 | ||||
| Capex | — | — | — | — | 0 | — | (2) | (2) | (1) | (1) | |||||
| Free cash flow | — | — | — | — | (1) | 0 | 1 | (6) | (2) | 6 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 1 | (4) | 8 | (5) | (11) | (7) | ||||
| Total debt | — | — | — | — | — | — | 1 | 1 | 1 | 1 | |||||
| Net debt | — | — | — | — | (1) | 0 | 0 | (1) | (2) | (4) | |||||
| Shareholders’ equity | — | — | — | — | (20) | (5) | 13 | (2) | (6) | (3) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | (2.26) | 4.17 | 1.07 | 37.37 | (44.18) | 6.25 | ||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 10.95 | 0.00 | 0.00 | 0.00 | |||||
| ROE | — | — | — | — | 0.00 | (80.31) | 32.27 | 271.00 | 494.33 | (56.16) | |||||
Negative figures in brackets.
Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 28 Sep 2026
Charts ten years each
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 | $131.9M | — | — | — | — | — | — | — | Compare |
| RGP Resources Connection, Inc. | $94.4M | — (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 | $40.0M | — | — | — | — | −149.84% (below 0%: shrinking) | — | — | Compare |
| AERT Aeries Technology, Inc. | $34.6M | 13.3× | — | +42.97% (above 0%: growing) | +29.17% (above 0%: growing) | +309.55% (above 0%: growing) | 29.10% | 15.33% | |
| RYOJ rYojbaba Co., Ltd. | $34.1M | — | — | — | — | — | — | — | Compare |
| DGNX Diginex Limited | $33.8M | — | — | — | — | −114.00% (below 0%: shrinking) | — | — | Compare |
| FOFO Hang Feng Technology Innovation Co., Ltd. | $25.0M | — | — | — | — | +31.30% (above 0%: growing) | — | — | Compare |
| GRNQ Greenpro Capital Corp. | $13.6M | — (loss-making) | — (loss-making) | −29.24% (below 0%: shrinking) | n/m | +36.40% (above 0%: growing) | 62.21% | (243.02%) | Compare |
| Median of peers | $37.1M | — | — | — | — | −114.00% | — | — |
Aeries Technology, Inc. (AERT) key facts
- Aeries Technology, Inc. (AERT) is a Consulting Services company in the Industrials sector, listed on Nasdaq.
- Aeries Technology, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $70.0 million, roughly unchanged from fiscal 2025.
- As of October 16, 2026, AERT traded at $6.25, a market capitalization of $34.6 million.
- Return on equity was −56.2% and debt-to-equity -0.30.
- Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 1.07 (distress zone) for fiscal 2026.