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Last Updated on: 20 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 517096 | NSE: APLAB

Fundamental Analysis of Aplab Ltd

Basic Stock Data

Last Updated: April 19, 2024, 10:18 am

Market Cap 116 Cr.
Current Price 105
High / Low108/27.0
Stock P/E17.7
Book Value 7.31
Dividend Yield0.00 %
ROCE21.6 %
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of Aplab Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Honeywell Automation India Ltd 39,540 Cr. 44,72845,445/34,61985.0 3,7720.21 %19.5 %14.5 % 10.0
Siemens Ltd 1,98,946 Cr. 5,5905,773/3,240103 3660.18 %20.7 %15.4 % 2.00
Industry Average119,243.00 Cr25,159.0094.002,069.000.20%20.10%14.95%6.00

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales14.6820.389.1010.9514.8516.4610.8910.5611.5418.499.1110.8811.93
Expenses13.5518.848.8612.2712.9510.9712.1211.4910.5411.278.349.3411.43
Operating Profit1.131.540.24-1.321.905.49-1.23-0.931.007.220.771.540.50
OPM %7.70%7.56%2.64%-12.05%12.79%33.35%-11.29%-8.81%8.67%39.05%8.45%14.15%4.19%
Other Income0.051.160.050.090.11-1.34-1.440.07-0.410.060.060.060.05
Interest1.581.491.551.291.130.700.670.660.750.930.671.350.33
Depreciation0.070.100.100.100.090.080.120.120.120.080.140.110.08
Profit before tax-0.471.11-1.36-2.620.793.37-3.46-1.64-0.286.270.020.140.14
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.471.11-1.35-2.620.783.37-3.46-1.64-0.286.270.020.140.14
EPS in Rs-0.471.11-1.35-2.620.783.37-3.46-1.64-0.286.270.020.130.13

Last Updated: April 10, 2024, 6:02 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 5, 2024, 7:12 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales95.6371.5394.8674.1870.8972.0461.0353.1951.4753.0251.3651.4850.41
Expenses84.8266.4082.2076.9376.4474.3665.0255.6847.4547.7544.4245.2740.38
Operating Profit10.815.1312.66-2.75-5.55-2.32-3.99-2.494.025.276.946.2110.03
OPM %11.30%7.17%13.35%-3.71%-7.83%-3.22%-6.54%-4.68%7.81%9.94%13.51%12.06%19.90%
Other Income1.072.270.930.710.821.550.3818.503.421.32-1.08-1.720.23
Interest8.848.9610.2210.6311.2411.2110.828.066.216.605.313.843.28
Depreciation2.322.142.781.761.621.561.441.291.020.380.380.450.41
Profit before tax0.72-3.700.59-14.43-17.59-13.54-15.876.660.21-0.390.170.206.57
Tax %0.00%0.54%0.00%0.00%0.00%0.00%0.00%18.77%0.00%0.00%0.00%0.00%
Net Profit0.72-3.670.59-14.43-17.59-13.54-15.875.410.21-0.390.170.206.57
EPS in Rs0.72-3.670.59-14.43-17.59-13.54-15.875.410.21-0.390.170.206.55
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-609.72%116.08%-2545.76%-21.90%23.02%-17.21%134.09%-96.12%-285.71%143.59%17.65%
Change in YoY Net Profit Growth (%)0.00%725.80%-2661.84%2523.86%44.92%-40.23%151.30%-230.21%-189.60%429.30%-125.94%

Growth

Compounded Sales Growth
10 Years:-3%
5 Years:-3%
3 Years:0%
TTM:2%
Compounded Profit Growth
10 Years:10%
5 Years:17%
3 Years:41%
TTM:308%
Stock Price CAGR
10 Years:14%
5 Years:72%
3 Years:100%
1 Year:212%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: April 16, 2024, 1:29 pm

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital5.005.005.005.005.005.005.005.005.005.0010.0010.0011.09
Reserves21.6221.2621.847.02-10.57-23.03-37.54-31.64-31.38-31.08-30.76-29.81-2.98
Borrowings61.3370.3474.8572.7871.7166.3070.2870.2071.3671.7147.6250.2427.90
Other Liabilities31.5535.0348.8342.0565.4970.6168.5559.6748.5443.9039.5445.0843.44
Total Liabilities119.50131.63150.52126.85131.63118.88106.29103.2393.5289.5366.4075.5179.45
Fixed Assets25.3459.1357.6855.0453.3351.6116.784.263.703.476.547.377.12
CWIP0.001.640.000.000.000.350.822.353.593.881.080.000.01
Investments2.322.262.260.070.070.020.020.020.020.020.020.020.02
Other Assets91.8468.6090.5871.7478.2366.9088.6796.6086.2182.1658.7668.1272.30
Total Assets119.50131.63150.52126.85131.63118.88106.29103.2393.5289.5366.4075.5179.45

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -4.53-12.31-9.37-3.64-5.704.45-27.502.32-23.38-1.0218.73-2.99
Cash from Investing Activity -1.71-3.150.202.680.07-0.42-1.5720.6931.67-0.25-0.380.02
Cash from Financing Activity 6.2616.006.53-1.6712.05-7.1630.06-23.37-8.330.35-19.102.62
Net Cash Flow0.020.54-2.64-2.636.43-3.130.99-0.36-0.03-0.92-0.75-0.35

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-50.52-65.21-62.19-75.53-77.26-68.62-74.27-72.69-67.34-66.44-40.68-44.03

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days75.5767.76109.6690.00102.7788.9236.42131.89134.24104.71124.51188.03
Inventory Days361.36484.26288.61275.19152.39102.72168.84184.91301.69243.23300.66285.14
Days Payable138.72154.91198.46103.01192.2118.98156.27152.70164.50167.18129.08194.05
Cash Conversion Cycle298.21397.12199.81262.1862.95172.6648.99164.11271.42180.76296.09279.12
Working Capital Days150.38158.59104.54136.44-56.89-126.67165.25205.04177.07173.6244.8454.17
ROCE %11.60%5.47%11.00%-4.08%-8.40%-4.91%-11.74%-8.51%7.41%13.71%18.98%21.64%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters49.06%49.06%59.29%59.29%59.29%59.29%59.29%59.29%59.29%63.28%63.28%63.28%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%1.44%0.00%0.00%0.00%0.00%0.00%
DIIs0.05%0.05%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public50.90%50.90%40.69%40.69%40.69%40.69%39.25%40.70%40.69%36.70%36.69%36.71%
No. of Shareholders3,9024,1254,3284,4524,5174,4564,5494,7454,5364,3814,5364,560

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 16Mar 15Mar 14Mar 13Mar 12
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-35.15-28.421.69-28.12-3.61
Diluted EPS (Rs.)-35.15-28.421.69-28.12-3.61
Cash EPS (Rs.)-31.37-24.417.54-23.241.60
Book Value[Excl.RevalReserv]/Share (Rs.)-8.8126.3455.5347.4143.80
Book Value[Incl.RevalReserv]/Share (Rs.)-8.7726.3955.5947.4744.03
Revenue From Operations / Share (Rs.)142.20149.14191.06142.68194.29
PBDIT / Share (Rs.)-8.88-3.0628.21-5.0919.70
PBIT / Share (Rs.)-12.66-7.0822.36-9.9714.50
PBT / Share (Rs.)-35.14-28.331.91-28.17-3.48
Net Profit / Share (Rs.)-35.15-28.421.69-28.12-3.59
NP After MI And SOA / Share (Rs.)-35.15-28.421.69-28.12-3.59
PBDIT Margin (%)-6.24-2.0514.76-3.5610.13
PBIT Margin (%)-8.90-4.7411.70-6.997.46
PBT Margin (%)-24.70-18.991.00-19.74-1.79
Net Profit Margin (%)-24.71-19.050.88-19.70-1.85
NP After MI And SOA Margin (%)-24.71-19.050.88-19.70-1.85
Return on Networth / Equity (%)0.00-112.183.09-60.09-8.24
Return on Capital Employeed (%)-87.40-8.9022.07-10.1921.15
Return On Assets (%)-13.14-11.070.56-10.59-1.53
Long Term Debt / Equity (X)0.000.580.460.570.43
Total Debt / Equity (X)-16.985.502.672.902.75
Asset Turnover Ratio (%)0.540.530.670.570.81
Current Ratio (X)0.390.570.670.740.96
Quick Ratio (X)0.240.200.310.220.34
Inventory Turnover Ratio (X)1.651.251.240.681.19
Interest Coverage Ratio (X)-0.39-0.141.38-0.271.10
Interest Coverage Ratio (Post Tax) (X)-0.56-0.331.08-0.560.80
Enterprise Value (Cr.)88.8987.1088.9675.6070.92
EV / Net Operating Revenue (X)1.251.170.931.060.73
EV / EBITDA (X)-20.01-56.886.31-29.707.20
MarketCap / Net Operating Revenue (X)0.150.190.160.150.13
Price / BV (X)-2.241.160.570.450.61
Price / Net Operating Revenue (X)0.150.190.160.150.13
EarningsYield-1.60-0.960.05-1.31-0.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 19.80

The stock is overvalued by 81.15% compared to the current price ₹105

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.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of 4.35%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 98.87, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 219.45, which may not be favorable.
    4. The company has higher borrowings (63.59) compared to reserves (-12.08), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (65.47) and profit (-3.88).

    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 Aplab Ltd:
      1. Net Profit Margin: -24.71%
        • 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: -87.40% (Industry Average ROCE: 20.1%)
        • 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%: 0.00% (Industry Average ROE: 14.95%)
        • 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): -0.56
        • 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: 0.24
        • 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: 17.7 (Industry average Stock P/E: 94)
        • 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: -16.98
        • 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

    No data availabale for About the Company
    INDUSTRYADDRESSCONTACT
    Industry not foundAddress not foundContact not found
    Management Data not Available

    FAQ

    What is the latest fair value of Aplab Ltd?

    The latest fair value of Aplab Ltd is 19.80.

    What is the Market Cap of Aplab Ltd?

    The Market Cap of Aplab Ltd is 116 Cr..

    What is the current Stock Price of Aplab Ltd as on 20 April 2024?

    The current stock price of Aplab Ltd as on 20 April 2024 is 105.

    What is the High / Low of Aplab Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Aplab Ltd stocks is ₹108/27.0.

    What is the Stock P/E of Aplab Ltd?

    The Stock P/E of Aplab Ltd is 17.7.

    What is the Book Value of Aplab Ltd?

    The Book Value of Aplab Ltd is 7.31.

    What is the Dividend Yield of Aplab Ltd?

    The Dividend Yield of Aplab Ltd is 0.00 %.

    What is the ROCE of Aplab Ltd?

    The ROCE of Aplab Ltd is 21.6 %.

    What is the ROE of Aplab Ltd?

    The ROE of Aplab Ltd is %.

    What is the Face Value of Aplab Ltd?

    The Face Value of Aplab Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    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 Aplab 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