Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 2:36 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 540692 | NSE: APEX

Apex Frozen Foods Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹38.35Overvalued by 89.99%vs CMP ₹383.00

P/E (38.5) × ROE (0.8%) × BV (₹163.00) × DY (0.52%)

₹112.10Overvalued by 70.73%vs CMP ₹383.00
MoS: -241.7% (Negative)Confidence: 70/100 (High)Models: All 10: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹36.7220%Over (-90.4%)
Graham NumberEarnings₹196.8915%Over (-48.6%)
Earnings PowerEarnings₹31.2710%Over (-91.8%)
DCFCash Flow₹92.5412%Over (-75.8%)
Net Asset ValueAssets₹162.597%Over (-57.5%)
EV/EBITDAEnterprise₹114.688%Over (-70.1%)
Dividend DiscountDividends₹20.408%Over (-94.7%)
Earnings YieldEarnings₹105.707%Over (-72.4%)
ROCE CapitalReturns₹239.388%Over (-37.5%)
Revenue MultipleRevenue₹260.025%Over (-32.1%)
Consensus (10 models)₹112.10100%Overvalued
Key Drivers: ROE 0.8% is below cost of equity. | Wide model spread (₹20–₹260) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -4.3%

*Investments are subject to market risks

Investment Snapshot

62
Apex Frozen Foods Ltd scores 62/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health57/100 · Moderate
ROCE 2.4% WeakROE 0.8% WeakD/E 0.37 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money70/100 · Strong
FII holding up 1.45% (6mo) AccumulatingPromoter holding at 72.6% Stable
Earnings Quality40/100 · Moderate
OPM contracting (9% → 4%) Declining
Quarterly Momentum90/100 · Strong
Revenue (4Q): +33% YoY AcceleratingProfit (4Q): +360% YoY Strong
Industry Rank65/100 · Strong
P/E 38.5 vs industry 38.5 In-lineROCE 2.4% vs industry 1.3% Above peersROE 0.8% vs industry 0.4% Above peers3Y sales CAGR: -4% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 2:36 am

Market Cap 1,199 Cr.
Current Price 383
Intrinsic Value₹112.10
High / Low 488/187
Stock P/E38.5
Book Value 163
Dividend Yield0.52 %
ROCE2.43 %
ROE0.76 %
Face Value 10.0
PEG Ratio-9.04

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Apex Frozen Foods Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Apex Frozen Foods Ltd 1,199 Cr. 383 488/18738.5 1630.52 %2.43 %0.76 % 10.0
BKV Industries Ltd 14.7 Cr. 9.49 13.8/7.36 2.830.00 %0.22 %0.00 % 1.00
Industry Average1,199.00 Cr196.2538.5082.920.26%1.33%0.38%5.50

All Competitor Stocks of Apex Frozen Foods Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 293231212254241148162186200231197258238
Expenses 281212204241222140160175196227191243227
Operating Profit 12188131981114471511
OPM % 4%8%4%5%8%6%1%6%2%2%3%6%5%
Other Income 160-50111012139
Interest 5323322233121
Depreciation 5545531444444
Profit before tax 1810-35114-05-2-031316
Tax % 26%25%38%28%27%17%-27%25%-19%5%30%30%24%
Net Profit 148-4483-04-2-02912
EPS in Rs 4.352.48-1.291.172.670.95-0.121.22-0.53-0.070.632.913.80

Last Updated: January 2, 2026, 12:07 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 7:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 5145996046999998758278189261,070804814958
Expenses 482566563654889785740728840987764788911
Operating Profit 333340441109087918683402547
OPM % 6%5%7%6%11%10%11%11%9%8%5%3%5%
Other Income 055112021198623517
Interest 81010119711161715995
Depreciation 505691115221919151514
Profit before tax 20283037113948161565120645
Tax % 34%34%35%33%30%35%25%27%27%29%25%31%
Net Profit 1318192579616144413615433
EPS in Rs 6.717.658.0310.4725.3119.4619.4014.1713.1411.484.671.2410.57
Dividend Payout % 0%0%0%10%8%10%0%14%19%22%43%161%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)38.46%5.56%31.58%216.00%-22.78%0.00%-27.87%-6.82%-12.20%-58.33%-73.33%
Change in YoY Net Profit Growth (%)0.00%-32.91%26.02%184.42%-238.78%22.78%-27.87%21.05%-5.38%-46.14%-15.00%

Apex Frozen Foods Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:0%
3 Years:-4%
TTM:20%
Compounded Profit Growth
10 Years:-14%
5 Years:-42%
3 Years:-54%
TTM:-38%
Stock Price CAGR
10 Years:%
5 Years:-4%
3 Years:-13%
1 Year:-17%
Return on Equity
10 Years:11%
5 Years:6%
3 Years:4%
Last Year:1%

Last Updated: September 4, 2025, 11:25 pm

Balance Sheet

Last Updated: December 4, 2025, 12:57 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 20242424313131313131313131
Reserves 18325185271324365409437459466463478
Borrowings 79907911085108163168167911077341
Other Liabilities 24192457434768494233294681
Total Liabilities 141165179277431510627657678614633613631
Fixed Assets 40525583111115280250236242254243241
CWIP 0081211163152218441
Investments 0000000000000
Other Assets 101113116193299279344391420354376367389
Total Assets 141165179277431510627657678614633613631

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 912371433495813361211150
Cash from Investing Activity + -17-12-16-29-58-114-44-14-10-22-8-2
Cash from Financing Activity + 8-0-2117857-144-27-99-2-49
Net Cash Flow 000360-5813-211-1
Free Cash Flow -8021-12-24-6020025100-146
CFO/OP 51%63%118%62%69%91%86%23%55%171%43%176%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-46.00-57.00-39.00-66.0025.00-18.00-76.00-77.00-81.00-8.00-67.00-48.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 243125432539356752384957
Inventory Days 47394844536711710612088129118
Days Payable 1591321142029201281016
Cash Conversion Cycle 566060666486123154160118167158
Working Capital Days 5281324394754839071107110
ROCE %28%29%27%26%40%24%18%13%12%11%5%2%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.62%72.62%72.62%72.62%72.62%72.62%72.62%72.62%72.62%72.62%72.62%72.62%
FIIs 0.10%0.02%0.02%0.03%0.00%1.27%2.43%3.37%3.29%4.18%4.84%4.74%
DIIs 5.90%4.51%0.08%0.00%0.05%0.22%0.76%0.37%0.44%0.55%0.55%0.55%
Public 21.37%22.85%27.27%27.35%27.32%25.86%24.18%23.64%23.65%22.64%21.97%22.08%
No. of Shareholders 37,89938,28840,28538,94742,15539,85642,45141,02740,89539,17039,44537,595

Shareholding Pattern Chart

No. of Shareholders

Apex Frozen Foods Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 501,991 0.03 10.74501,9912025-04-22 17:25:420%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 1.244.6711.4813.1514.17
Diluted EPS (Rs.) 1.244.6711.4813.1514.17
Cash EPS (Rs.) 6.159.4117.7019.0721.19
Book Value[Excl.RevalReserv]/Share (Rs.) 158.23159.06156.79152.14140.74
Book Value[Incl.RevalReserv]/Share (Rs.) 158.23159.06156.79152.14140.74
Dividend / Share (Rs.) 2.002.002.502.502.00
Revenue From Operations / Share (Rs.) 260.34257.31342.50292.54261.91
PBDIT / Share (Rs.) 9.5114.2227.1329.4731.51
PBIT / Share (Rs.) 4.619.4820.9123.5524.48
PBT / Share (Rs.) 1.796.2616.2017.9919.39
Net Profit / Share (Rs.) 1.244.6711.4813.1514.17
PBDIT Margin (%) 3.655.527.9110.0712.02
PBIT Margin (%) 1.763.686.108.049.34
PBT Margin (%) 0.682.434.736.147.40
Net Profit Margin (%) 0.471.813.354.495.41
Return on Networth / Equity (%) 0.782.937.328.6410.06
Return on Capital Employeed (%) 2.825.7713.0614.5816.35
Return On Assets (%) 0.632.305.846.046.74
Long Term Debt / Equity (X) 0.010.010.010.060.06
Total Debt / Equity (X) 0.140.210.180.340.37
Asset Turnover Ratio (%) 1.311.291.661.371.28
Current Ratio (X) 3.393.012.992.392.04
Quick Ratio (X) 1.591.371.411.231.19
Inventory Turnover Ratio (X) 4.223.073.763.613.07
Dividend Payout Ratio (NP) (%) 161.2253.5121.7715.210.00
Dividend Payout Ratio (CP) (%) 32.5226.5514.1210.480.00
Earning Retention Ratio (%) -61.2246.4978.2384.790.00
Cash Earning Retention Ratio (%) 67.4873.4585.8889.520.00
Interest Coverage Ratio (X) 3.384.425.765.306.19
Interest Coverage Ratio (Post Tax) (X) 1.442.453.443.363.78
Enterprise Value (Cr.) 725.39712.65683.471027.13804.31
EV / Net Operating Revenue (X) 0.890.880.631.120.98
EV / EBITDA (X) 24.4016.048.0611.158.17
MarketCap / Net Operating Revenue (X) 0.800.760.560.950.79
Retention Ratios (%) -61.2246.4878.2284.780.00
Price / BV (X) 1.331.241.231.831.47
Price / Net Operating Revenue (X) 0.800.760.560.950.79
EarningsYield 0.010.020.050.040.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Apex Frozen Foods Ltd. is a Public Limited Listed company incorporated on 30/03/2012 and has its registered office in the State of Andhra Pradesh, India. Company's Corporate Identification Number(CIN) is L15490AP2012PLC080067 and registration number is 080067. Currently Company is involved in the business activities of Processing and preserving of fish, crustaceans and molluscs and products thereof. Company's Total Operating Revenue is Rs. 813.55 Cr. and Equity Capital is Rs. 31.25 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Marine FoodsNo.3-160, Panasapadu, East Godavari Andhra Pradesh 533005Contact not found
Management
NamePosition Held
Mr. K Satyanarayana MurthyExecutive Chairman
Mr. K Subrahmanya ChowdaryManaging Director & CFO
Mrs. Karuturi Neelima DeviWhole Time Director
Mrs. Deepthi TalluriIndependent Director
Mr. B Raghavulu NaiduIndependent Director
Mr. Govindareddy KrishnamoorthyIndependent Director

FAQ

What is the intrinsic value of Apex Frozen Foods Ltd and is it undervalued?

As of 15 April 2026, Apex Frozen Foods Ltd's intrinsic value is ₹112.10, which is 70.73% lower than the current market price of ₹383.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (0.76 %), book value (₹163), dividend yield (0.52 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Apex Frozen Foods Ltd?

Apex Frozen Foods Ltd is trading at ₹383.00 as of 15 April 2026, with a FY2026-2027 high of ₹488 and low of ₹187. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,199 Cr..

How does Apex Frozen Foods Ltd's P/E ratio compare to its industry?

Apex Frozen Foods Ltd has a P/E ratio of 38.5, which is below the industry average of 38.50. This is broadly in line with or below the industry average.

Is Apex Frozen Foods Ltd financially healthy?

Key indicators for Apex Frozen Foods Ltd: ROCE of 2.43 % is on the lower side compared to the industry average of 1.33%; ROE of 0.76 % is below ideal levels (industry average: 0.38%). Dividend yield is 0.52 %.

Is Apex Frozen Foods Ltd profitable and how is the profit trend?

Apex Frozen Foods Ltd reported a net profit of ₹4 Cr in Mar 2025 on revenue of ₹814 Cr. Compared to ₹41 Cr in Mar 2022, the net profit shows a declining trend.

Does Apex Frozen Foods Ltd pay dividends?

Apex Frozen Foods Ltd has a dividend yield of 0.52 % at the current price of ₹383.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Apex Frozen Foods Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports