AERT

Aeries Technology, Inc.

N/A  •  FY2026 Annual Report
NYSE 1,692 employees H-1B Visa Sponsor Revenue -0.3% YoY
Revenue
$70M
Net Income
$4M
EBIT Margin
6.4%
Diluted EPS
$0.05
Free Cash Flow
$6M
CEO Pay
$8,043,945
Sudhir Appukuttan Panikassery
90%

of Aeries Technology, Inc.'s revenue comes from Americas

Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: Aeries Technology, Inc. generates 90% of its $0.1B revenue from Americas, yet continues to file H-1B petitions that displace American workers.

$8,043,945

Sudhir Appukuttan Panikassery's total compensation in FY2026

Base salary $565,278  •  Stock awards $1. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2026
Total Revenue
$70M
-0.3% year-over-year
Net Income
$4M
Operating Margin
6.4%
Diluted EPS
$0.05
Free Cash Flow
$6M
Dividend / Share
N/A
Stock Buybacks
N/A
Total employees: 1,692
Where the Revenue Comes From — FY2026
Americas
$0.1B
90%
Asia Pacific
$0B
10%
India
$0B
7%
Mexico
$0B
3%
AE
$0B
2%
United States
$0B
0%

Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2026.

What We Pay the Executives Source: SEC DEF 14A via sec-api.io
CEO Total Compensation
$8,043,945
Sudhir Appukuttan Panikassery
CEO Base Salary
$565,278
CEO Stock Awards
$1
Avg. Other NEO Total
$1,335,294
ExecutiveTitleBase SalaryStock AwardsTotal Comp
Sudhir Appukuttan Panikassery🔍 Former Chief Executive Officer $565,278 $1 $8,043,945
Bhisham Ajay Khare🔍 Chief Executive Officer $388,643 $3,459,904 $4,105,310
Daniel S. Webb🔍 Chief Financial Officer and Chief Investment Officer $400,000 $1,046,941 $1,462,074
Unnikrishnan Unni Balakrishnan Nambiar🔍 Chief Technology Officer $283,328 $925,186 $1,208,514

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

Board of Directors — Who Enables This
DirectorRoleAgeIndependentSinceTenureAnnual PayCommittees
Alok Kochhar🔍 Independent Director 68 Yes N/A N/A N/A
Bhisham (Ajay) Khare🔍 Chief Executive Officer and Director 49 No N/A N/A N/A
Biswajit Dasgupta🔍 Independent Director 59 Yes N/A N/A N/A
Nina B. Shapiro🔍 Independent Director 77 Yes N/A N/A N/A
Venu Raman Kumar🔍 Chairman of the Board 64 No N/A N/A N/A

Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.

H-1B Visa Dependency Key Metric

Search all Aeries Technology, Inc. H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for Aeries Technology, Inc.

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment
ConcernRevenue declined 0.3% year-over-year - company is shrinking.
WatchNet margin of 5.0% - moderate profitability.
PositiveCEO compensation of $8.0M is within range for company size.
WatchCompany employed approximately 1,692 workers globally - see H-1B data below for U.S. displacement risk.
Key Business Risks (from 10-K Item 1A)
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💬 Comments & Discussion

Data source: SEC EDGAR 10-K & DEF 14A (FY2026), sec-api.io, U.S. DOL OFLC. Generated June 08, 2026.  •  View SEC Filings  •  GuestWorkerVisas.com