Aqylon Nexus Ltd Q3 FY26 – ₹4.95 Cr Sales, ₹1.48 Cr PAT… But ₹4,817 Cr Market Cap & 5,875x Book Value. Bollywood Script or Balance Sheet Thriller?
1. At a Glance – Meme Stock or Media Mogul 2.0?
₹1,899 per share. ₹4,817 crore market cap. Quarterly sales: ₹4.95 crore. Quarterly PAT: ₹1.48 crore. Price-to-Book: 5,875x. Debt-to-Equity: 13.2. Return in 3 months: 93.5%. Return in 1 year: 250%.
Ladies and gentlemen, welcome to Aqylon Nexus Ltd, formerly Sri Adhikari Brothers Television Network Ltd — a company that once made comedy shows and now wants to build AI hyperscale green data centres worth ₹4,000 crore.
Yes, you read that correctly.
This is a company with ₹10.7 crore TTM sales sitting at a ₹4,817 crore valuation. That’s like opening a pani puri stall and getting valued like a national QSR chain because you said “AI-enabled chutney distribution.”
Latest quarterly (Dec 2025) results show a profit after tax of ₹1.48 crore versus a loss of ₹22.73 crore in Dec 2024. That’s a 1,245% jump in quarterly profit. The turnaround is dramatic.
But the real question is:
Is this a phoenix story… or a Netflix limited series waiting to happen?
Let’s investigate.
2. Introduction – From SAB TV to AI Data Centre Dreams
Aqylon Nexus began life in 1994 as a media and broadcasting company under the Sri Adhikari Brothers banner. They were associated with comedy-driven television branding like SAB TV. Over time, the group operated across broadcast, films, content production and publishing.
Then came the plot twist.
On 30 October 2018, Central Bank of India filed for initiation of Corporate Insolvency Resolution Process (CIRP). The application was admitted by NCLT in December 2019 for ₹27.57 crore. A resolution professional was appointed in January 2021.
Fast forward to November 2025.
Six directors including the MD and Chairman resigned after a change in control. The company changed its name to Aqylon Nexus. The main object clause was altered to include AI-focused activities.
And then came the blockbuster announcement:
A Memorandum of Understanding with the Government of Telangana to build a 50 MW AI hyperscale green data centre on 20 acres with an investment proposal of ₹4,000 crore.
