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Last Updated on: 19 November, 2025
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 506166 | NSE: APIS

Apis India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: November 18, 2025, 6:52 pm

Market Cap 605 Cr.
Current Price 1,098
High / Low 1,098/280
Stock P/E26.3
Book Value 332
Dividend Yield0.00 %
ROCE14.4 %
ROE15.2 %
Face Value 10.0
PEG Ratio1.12

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

View Share Price Target for Apis India Ltd

Competitors of Apis India Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Mishtann Foods Ltd 539 Cr. 5.00 15.9/4.281.61 10.90.00 %42.2 %44.1 % 1.00
Mrs Bectors Food Specialities Ltd 8,099 Cr. 1,318 1,977/1,20159.4 1980.46 %18.1 %15.6 % 10.0
Nakoda Group of Industries Ltd 49.4 Cr. 28.4 48.0/25.2 18.80.00 %8.11 %15.4 % 10.0
HMA Agro Industries Ltd 1,572 Cr. 31.4 48.3/27.512.7 15.80.96 %11.8 %11.5 % 1.00
Himalaya Food International Ltd 86.3 Cr. 10.2 19.8/9.2915.0 21.80.00 %2.29 %2.79 % 10.0
Industry Average21,582.38 Cr747.31133.14106.550.24%16.32%17.50%6.03

All Competitor Stocks of Apis India Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales 68.1598.6388.1877.0378.9279.0879.0979.0287.0880.4392.6890.1686.86
Expenses 66.8189.8881.9371.2170.5771.7666.1373.2279.8471.5084.0779.3479.99
Operating Profit 1.348.756.255.828.357.3212.965.807.248.938.6110.826.87
OPM % 1.97%8.87%7.09%7.56%10.58%9.26%16.39%7.34%8.31%11.10%9.29%12.00%7.91%
Other Income 0.16-0.040.250.640.060.560.150.310.250.140.740.740.85
Interest 1.481.891.992.061.771.441.051.671.371.371.101.110.98
Depreciation 0.640.970.570.570.470.710.470.720.600.651.451.241.04
Profit before tax -0.625.853.943.836.175.7311.593.725.527.056.809.215.70
Tax % 0.00%26.15%29.19%77.81%29.17%29.84%0.26%54.84%29.17%23.69%27.50%26.17%29.65%
Net Profit 1.777.403.365.738.925.0515.622.975.276.715.238.132.53
EPS in Rs 3.2113.436.1010.4016.199.1628.355.399.5612.189.4914.754.59

Last Updated: August 19, 2025, 11:35 pm

Below is a detailed analysis of the quarterly data for Apis India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

  • For Sales, as of Jun 2025, the value is 86.86 Cr.. The value appears to be declining and may need further review. It has decreased from 90.16 Cr. (Mar 2025) to 86.86 Cr., marking a decrease of 3.30 Cr..
  • For Expenses, as of Jun 2025, the value is 79.99 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 79.34 Cr. (Mar 2025) to 79.99 Cr., marking an increase of 0.65 Cr..
  • For Operating Profit, as of Jun 2025, the value is 6.87 Cr.. The value appears to be declining and may need further review. It has decreased from 10.82 Cr. (Mar 2025) to 6.87 Cr., marking a decrease of 3.95 Cr..
  • For OPM %, as of Jun 2025, the value is 7.91%. The value appears to be declining and may need further review. It has decreased from 12.00% (Mar 2025) to 7.91%, marking a decrease of 4.09%.
  • For Other Income, as of Jun 2025, the value is 0.85 Cr.. The value appears strong and on an upward trend. It has increased from 0.74 Cr. (Mar 2025) to 0.85 Cr., marking an increase of 0.11 Cr..
  • For Interest, as of Jun 2025, the value is 0.98 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.11 Cr. (Mar 2025) to 0.98 Cr., marking a decrease of 0.13 Cr..
  • For Depreciation, as of Jun 2025, the value is 1.04 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.24 Cr. (Mar 2025) to 1.04 Cr., marking a decrease of 0.20 Cr..
  • For Profit before tax, as of Jun 2025, the value is 5.70 Cr.. The value appears to be declining and may need further review. It has decreased from 9.21 Cr. (Mar 2025) to 5.70 Cr., marking a decrease of 3.51 Cr..
  • For Tax %, as of Jun 2025, the value is 29.65%. The value appears to be increasing, which may not be favorable. It has increased from 26.17% (Mar 2025) to 29.65%, marking an increase of 3.48%.
  • For Net Profit, as of Jun 2025, the value is 2.53 Cr.. The value appears to be declining and may need further review. It has decreased from 8.13 Cr. (Mar 2025) to 2.53 Cr., marking a decrease of 5.60 Cr..
  • For EPS in Rs, as of Jun 2025, the value is 4.59. The value appears to be declining and may need further review. It has decreased from 14.75 (Mar 2025) to 4.59, marking a decrease of 10.16.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: November 15, 2025, 3:56 am

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 182224209272295332316350366
Expenses 163206198257276310282315329
Operating Profit 201811151922343637
OPM % 11%8%5%6%6%7%11%10%10%
Other Income 101111123
Interest 235578654
Depreciation 233233245
Profit before tax 161248913272931
Tax % 31%26%43%38%38%43%20%26%
Net Profit 121136818332523
EPS in Rs 21.6319.155.9211.5414.4833.1259.1145.9941.68
Dividend Payout % 0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-8.33%-72.73%100.00%33.33%125.00%83.33%-24.24%
Change in YoY Net Profit Growth (%)0.00%-64.39%172.73%-66.67%91.67%-41.67%-107.58%

Apis India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:11%
3 Years:6%
TTM:8%
Compounded Profit Growth
10 Years:%
5 Years:51%
3 Years:47%
TTM:-22%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:88%
Return on Equity
10 Years:%
5 Years:16%
3 Years:19%
Last Year:16%

Last Updated: September 5, 2025, 2:21 pm

No data available for the Balance Sheet data table.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +12516-51218-36
Cash from Investing Activity +-8-7-92-4-980
Cash from Financing Activity +-1-7-52-6-10-6-6
Net Cash Flow4-81-12-1-1-0

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days757780791058698120
Inventory Days178232312236213153178131
Days Payable861071338781737355
Cash Conversion Cycle167201259227238166203196
Working Capital Days778381848374114126
ROCE %12%6%8%9%10%16%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters74.72%74.72%74.72%74.72%74.72%74.72%74.72%74.72%74.72%74.72%74.72%74.72%
Public25.29%25.28%25.28%25.28%25.28%25.28%25.28%25.28%25.28%25.28%25.28%25.27%
No. of Shareholders202020181921212323232530

Shareholding Pattern Chart

No. of Shareholders

Apis India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 46.0158.5933.5712.8912.08
Diluted EPS (Rs.) 46.0158.5933.5712.8912.08
Cash EPS (Rs.) 45.3243.5518.3414.8713.86
Book Value[Excl.RevalReserv]/Share (Rs.) 314.29268.27209.68167.82155.26
Book Value[Incl.RevalReserv]/Share (Rs.) 314.29268.27209.68167.82155.26
Revenue From Operations / Share (Rs.) 635.83573.70602.51535.83496.10
PBDIT / Share (Rs.) 67.9864.3442.0834.6528.38
PBIT / Share (Rs.) 60.8460.0537.0929.4324.05
PBT / Share (Rs.) 51.8649.3123.6215.5714.46
Net Profit / Share (Rs.) 38.1739.2613.369.669.53
NP After MI And SOA / Share (Rs.) 45.9859.1033.1313.9312.08
PBDIT Margin (%) 10.6911.216.986.465.72
PBIT Margin (%) 9.5610.466.155.494.84
PBT Margin (%) 8.158.593.912.902.91
Net Profit Margin (%) 6.006.842.211.801.92
NP After MI And SOA Margin (%) 7.2310.305.492.602.43
Return on Networth / Equity (%) 14.6322.0315.798.307.77
Return on Capital Employeed (%) 18.4421.0316.3615.2313.71
Return On Assets (%) 8.7912.307.223.002.91
Long Term Debt / Equity (X) 0.020.050.050.120.11
Total Debt / Equity (X) 0.360.400.611.110.93
Asset Turnover Ratio (%) 1.271.221.311.231.29
Current Ratio (X) 2.141.931.541.461.46
Quick Ratio (X) 1.401.070.790.710.64
Inventory Turnover Ratio (X) 2.341.992.101.811.77
Interest Coverage Ratio (X) 7.575.993.122.502.96
Interest Coverage Ratio (Post Tax) (X) 5.254.661.991.701.99
Enterprise Value (Cr.) 210.74163.55105.78111.9188.92
EV / Net Operating Revenue (X) 0.600.510.310.370.32
EV / EBITDA (X) 5.634.614.565.865.69
MarketCap / Net Operating Revenue (X) 0.420.330.100.030.03
Price / BV (X) 0.840.700.300.100.11
Price / Net Operating Revenue (X) 0.420.330.100.030.03
EarningsYield 0.170.310.510.750.65

After reviewing the key financial ratios for Apis India Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 46.01. This value is within the healthy range. It has decreased from 58.59 (Mar 24) to 46.01, marking a decrease of 12.58.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 46.01. This value is within the healthy range. It has decreased from 58.59 (Mar 24) to 46.01, marking a decrease of 12.58.
  • For Cash EPS (Rs.), as of Mar 25, the value is 45.32. This value is within the healthy range. It has increased from 43.55 (Mar 24) to 45.32, marking an increase of 1.77.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 314.29. It has increased from 268.27 (Mar 24) to 314.29, marking an increase of 46.02.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 314.29. It has increased from 268.27 (Mar 24) to 314.29, marking an increase of 46.02.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 635.83. It has increased from 573.70 (Mar 24) to 635.83, marking an increase of 62.13.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 67.98. This value is within the healthy range. It has increased from 64.34 (Mar 24) to 67.98, marking an increase of 3.64.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 60.84. This value is within the healthy range. It has increased from 60.05 (Mar 24) to 60.84, marking an increase of 0.79.
  • For PBT / Share (Rs.), as of Mar 25, the value is 51.86. This value is within the healthy range. It has increased from 49.31 (Mar 24) to 51.86, marking an increase of 2.55.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 38.17. This value is within the healthy range. It has decreased from 39.26 (Mar 24) to 38.17, marking a decrease of 1.09.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 45.98. This value is within the healthy range. It has decreased from 59.10 (Mar 24) to 45.98, marking a decrease of 13.12.
  • For PBDIT Margin (%), as of Mar 25, the value is 10.69. This value is within the healthy range. It has decreased from 11.21 (Mar 24) to 10.69, marking a decrease of 0.52.
  • For PBIT Margin (%), as of Mar 25, the value is 9.56. This value is below the healthy minimum of 10. It has decreased from 10.46 (Mar 24) to 9.56, marking a decrease of 0.90.
  • For PBT Margin (%), as of Mar 25, the value is 8.15. This value is below the healthy minimum of 10. It has decreased from 8.59 (Mar 24) to 8.15, marking a decrease of 0.44.
  • For Net Profit Margin (%), as of Mar 25, the value is 6.00. This value is within the healthy range. It has decreased from 6.84 (Mar 24) to 6.00, marking a decrease of 0.84.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 7.23. This value is below the healthy minimum of 8. It has decreased from 10.30 (Mar 24) to 7.23, marking a decrease of 3.07.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 14.63. This value is below the healthy minimum of 15. It has decreased from 22.03 (Mar 24) to 14.63, marking a decrease of 7.40.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 18.44. This value is within the healthy range. It has decreased from 21.03 (Mar 24) to 18.44, marking a decrease of 2.59.
  • For Return On Assets (%), as of Mar 25, the value is 8.79. This value is within the healthy range. It has decreased from 12.30 (Mar 24) to 8.79, marking a decrease of 3.51.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. It has decreased from 0.05 (Mar 24) to 0.02, marking a decrease of 0.03.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.36. This value is within the healthy range. It has decreased from 0.40 (Mar 24) to 0.36, marking a decrease of 0.04.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.27. It has increased from 1.22 (Mar 24) to 1.27, marking an increase of 0.05.
  • For Current Ratio (X), as of Mar 25, the value is 2.14. This value is within the healthy range. It has increased from 1.93 (Mar 24) to 2.14, marking an increase of 0.21.
  • For Quick Ratio (X), as of Mar 25, the value is 1.40. This value is within the healthy range. It has increased from 1.07 (Mar 24) to 1.40, marking an increase of 0.33.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.34. This value is below the healthy minimum of 4. It has increased from 1.99 (Mar 24) to 2.34, marking an increase of 0.35.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 7.57. This value is within the healthy range. It has increased from 5.99 (Mar 24) to 7.57, marking an increase of 1.58.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 5.25. This value is within the healthy range. It has increased from 4.66 (Mar 24) to 5.25, marking an increase of 0.59.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 210.74. It has increased from 163.55 (Mar 24) to 210.74, marking an increase of 47.19.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 24) to 0.60, marking an increase of 0.09.
  • For EV / EBITDA (X), as of Mar 25, the value is 5.63. This value is within the healthy range. It has increased from 4.61 (Mar 24) to 5.63, marking an increase of 1.02.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.42. This value is below the healthy minimum of 1. It has increased from 0.33 (Mar 24) to 0.42, marking an increase of 0.09.
  • For Price / BV (X), as of Mar 25, the value is 0.84. This value is below the healthy minimum of 1. It has increased from 0.70 (Mar 24) to 0.84, marking an increase of 0.14.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.42. This value is below the healthy minimum of 1. It has increased from 0.33 (Mar 24) to 0.42, marking an increase of 0.09.
  • For EarningsYield, as of Mar 25, the value is 0.17. This value is below the healthy minimum of 5. It has decreased from 0.31 (Mar 24) to 0.17, marking a decrease of 0.14.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Apis India Ltd as of November 21, 2025 is: 1,083.00

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 21, 2025, Apis India Ltd is Overvalued by 1.37% compared to the current share price 1,098.00

Intrinsic Value of Apis India Ltd as of November 21, 2025 is: 1,338.01

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 21, 2025, Apis India Ltd is Undervalued by 21.86% compared to the current share price 1,098.00

Last 5 Year EPS CAGR: 23.55%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Apis India Ltd:
    1. Net Profit Margin: 6%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 18.44% (Industry Average ROCE: 16.32%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 14.63% (Industry Average ROE: 17.5%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 5.25
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.4
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 26.3 (Industry average Stock P/E: 133.14)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.36
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Apis India Ltd. is a Public Limited Listed company incorporated on 22/03/1983 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L51900DL1983PLC164048 and registration number is 164048. Currently company belongs to the Industry of Food Processing & Packaging. Company's Total Operating Revenue is Rs. 350.35 Cr. and Equity Capital is Rs. 5.51 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Food Processing - Bakery/Dairy/Fruits/Others18/32, East Patel Nagar, New Delhi Delhi 110008mail@apisindia.com,
http://www.apisindia.com
Management
NamePosition Held
Mrs. Prem AnandChairperson
Mr. Amit AnandManaging Director
Mr. Vimal AnandExecutive Director
Mr. Sushil GuptaIndependent Director
Mr. Karan AhoojaIndependent Director
Mrs. Sunita ChaddhaIndependent Director
Mr. Mukesh KasanaIndependent Director
FAQ: Stock data is invalid or not in the correct format.
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 Apis India 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