Apt Packaging Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Apt Packaging Ltd and is it undervalued?

As of 05 May 2026, Apt Packaging Ltd's intrinsic value is 131.21, which is 14.80% lower than the current market price of 154.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (26.9 %), book value (14.1), dividend yield (0.00 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Apt Packaging Ltd?

Apt Packaging Ltd is trading at 154.00 as of 05 May 2026, with a FY2026-2027 high of 198 and low of 56.9. The stock is currently in the middle of its 52-week range. Market cap stands at 182 Cr..

Q: Is Apt Packaging Ltd financially healthy?

Key indicators: ROCE of 9.74 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Apt Packaging Ltd profitable and how is the profit trend?

Apt Packaging Ltd reported a net profit of 0 Cr in Mar 2025 on revenue of 13 Cr. Compared to -3 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹349.74Undervalued by 127.10%vs CMP ₹154.00

P/E (113.0) × ROE (26.9%) × BV (₹14.10) × DY (2.00%)

₹163.54Fairly Valued by 6.19%vs CMP ₹154.00

MoS: +5.8% (Thin)Confidence: 56/100 (Moderate)Models: 1 Under, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹519.05	30%	Under (+237%)
Graham Number	Earnings	₹16.52	18%	Over (-89.3%)
DCF	Cash Flow	₹13.20	14%	Over (-91.4%)
Net Asset Value	Assets	₹13.06	10%	Over (-91.5%)
EV/EBITDA	Enterprise	₹11.30	12%	Over (-92.7%)
Earnings Yield	Earnings	₹8.60	10%	Over (-94.4%)
Revenue Multiple	Revenue	₹11.41	7%	Over (-92.6%)
Consensus (7 models)		₹163.54	100%	Fairly Valued

Key Drivers: EPS CAGR 48.4% lifts DCF — verify sustainability. | P/E of 113 makes PE-ROE unreliable — asset/earnings models are better benchmarks.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 48.4%

*Investments are subject to market risks

Analyst Summary

Apt Packaging Ltd operates in the Packaging & Containers segment, NSE: APTPACK | BSE: 506979, current market price is ₹154.00, market cap is 182 Cr.. At a glance, stock P/E is 113, ROE is 26.9 %, ROCE is 9.74 %, book value is 14.1, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹163.54, which is about 6.2% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹13 Cr versus the prior period change of 7.2%, while latest net profit is about ₹0 Cr with a prior-period change of 112.3%. The 52-week range shown on this page is 198/56.9, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisApt Packaging Ltd. is a Public Limited Listed company incorporated on 24/06/1980 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24…

This summary is generated from the stock page data available for Apt Packaging Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Apt Packaging Ltd scores 62/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health56/100 · Moderate

ROCE 9.7% AverageROE 26.9% ExcellentD/E -44.83 Low debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent

Smart Money50/100 · Moderate

Promoter holding at 50.2% Stable

Earnings Quality60/100 · Moderate

OPM stable around -2% SteadyWorking capital: -374 days (improving) Efficient

Quarterly Momentum100/100 · Strong

Revenue (4Q): +63% YoY AcceleratingProfit (4Q): +118% YoY StrongOPM: 12.5% (up 4.7% YoY) Margin expansion

Industry Rank35/100 · Weak

P/E 113.0 vs industry 42.7 Premium to peersROCE 9.7% vs industry 12.8% Average3Y sales CAGR: 5% Slow

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: May 5, 2026, 2:14 am

Market Cap	182 Cr.
Current Price	154
Intrinsic Value	₹131.21
High / Low	198/56.9
Stock P/E	113
Book Value	14.1
Dividend Yield	0.00 %
ROCE	9.74 %
ROE	26.9 %
Face Value	10.0
PEG Ratio	2.33

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Apt Packaging Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Apt Packaging Ltd	182 Cr.	154	198/56.9	113	14.1	0.00 %	9.74 %	26.9 %	10.0
CDG Petchem Ltd	181 Cr.	196	196/50.1	377	0.71	0.00 %	5.10 %	351 %	10.0
Emmbi Industries Ltd	162 Cr.	84.4	127/60.1	20.0	102	0.36 %	8.04 %	3.72 %	10.0
Ecoplast Ltd	156 Cr.	453	773/392	20.8	227	0.00 %	20.2 %	14.6 %	10.0
Bilcare Ltd	145 Cr.	62.3	116/50.0		193	0.00 %	1.10 %	5.58 %	10.0
Industry Average	1,921.25 Cr	325.59		42.72	189.90	0.32%	12.80%	24.65%	7.38

All Competitor Stocks of Apt Packaging Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	3.16	4.49	2.37	3.73	3.42	3.15	3.04	2.90	3.23	4.43	4.76	5.89	4.97
Expenses	3.00	4.26	2.90	3.94	3.59	3.91	2.62	2.72	2.98	4.08	4.42	5.25	4.35
Operating Profit	0.16	0.23	-0.53	-0.21	-0.17	-0.76	0.42	0.18	0.25	0.35	0.34	0.64	0.62
OPM %	5.06%	5.12%	-22.36%	-5.63%	-4.97%	-24.13%	13.82%	6.21%	7.74%	7.90%	7.14%	10.87%	12.47%
Other Income	0.18	0.34	0.03	0.21	0.63	0.09	0.11	0.26	0.15	0.16	0.09	0.21	0.23
Interest	0.47	0.35	0.53	0.52	0.54	-0.85	0.16	0.17	0.14	0.21	0.12	0.09	0.08
Depreciation	0.49	-0.07	0.34	0.35	0.35	0.02	0.21	0.22	0.21	0.27	0.30	0.31	0.31
Profit before tax	-0.62	0.29	-1.37	-0.87	-0.43	0.16	0.16	0.05	0.05	0.03	0.01	0.45	0.46
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	-6.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-0.62	0.29	-1.36	-0.88	-0.43	0.17	0.16	0.06	0.05	0.04	0.01	0.45	0.46
EPS in Rs	-1.18	0.55	-2.58	-1.67	-0.82	0.32	0.30	0.11	0.09	0.08	0.01	0.38	0.39

Last Updated: February 3, 2026, 4:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 8:46 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	26.50	25.82	31.22	34.81	31.78	26.96	17.82	16.61	11.52	14.21	12.58	13.48	20.05
Expenses	23.22	22.17	24.84	27.64	26.81	23.23	16.74	15.02	11.95	13.47	14.22	12.25	18.10
Operating Profit	3.28	3.65	6.38	7.17	4.97	3.73	1.08	1.59	-0.43	0.74	-1.64	1.23	1.95
OPM %	12.38%	14.14%	20.44%	20.60%	15.64%	13.84%	6.06%	9.57%	-3.73%	5.21%	-13.04%	9.12%	9.73%
Other Income	2.40	0.35	2.20	0.10	0.90	1.26	4.15	5.82	1.12	1.42	0.91	0.68	0.69
Interest	4.61	4.62	3.60	3.06	3.01	2.83	2.78	2.29	1.73	1.94	0.75	0.71	0.50
Depreciation	2.75	2.65	2.58	2.66	2.41	2.41	2.23	2.50	1.76	1.38	1.06	0.90	1.19
Profit before tax	-1.68	-3.27	2.40	1.55	0.45	-0.25	0.22	2.62	-2.80	-1.16	-2.54	0.30	0.95
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.39%	0.00%
Net Profit	-1.68	-3.26	2.41	1.55	0.45	-0.26	0.22	2.63	-2.81	-1.16	-2.52	0.31	0.96
EPS in Rs	-3.19	-6.19	4.58	2.94	0.85	-0.49	0.42	5.00	-5.34	-2.20	-4.79	0.59	0.86
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

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-94.05%	173.93%	-35.68%	-70.97%	-157.78%	184.62%	1095.45%	-206.84%	58.72%	-117.24%	112.30%
Change in YoY Net Profit Growth (%)	0.00%	267.97%	-209.61%	-35.28%	-86.81%	342.39%	910.84%	-1302.30%	265.56%	-175.96%	229.54%

Apt Packaging 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:	-6%
5 Years:	-5%
3 Years:	6%
TTM:	15%

Compounded Profit Growth
10 Years:	8%
5 Years:	16%
3 Years:	28%
TTM:	113%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	3%
1 Year:	40%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

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

Balance Sheet

Last Updated: December 4, 2025, 2:23 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5.80	5.80	5.80	5.80	5.80	5.80	5.80	5.80	5.80	5.80	5.80	5.80	12.35
Reserves	-10.99	-13.95	-11.54	-9.99	-9.54	-9.80	-9.57	-6.25	-7.37	-8.49	-10.82	-10.46	3.09
Borrowings	41.73	40.94	37.90	37.00	35.50	32.84	29.14	22.41	19.55	20.70	21.45	23.40	7.95
Other Liabilities	6.24	5.84	5.72	5.75	7.41	7.88	4.99	3.67	4.36	3.27	3.83	2.85	3.18
Total Liabilities	42.78	38.63	37.88	38.56	39.17	36.72	30.36	25.63	22.34	21.28	20.26	21.59	26.57
Fixed Assets	31.84	29.52	27.45	27.38	25.50	23.24	20.57	16.19	15.83	13.15	12.69	13.61	13.38
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.71	1.69
Investments	0.03	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.11	0.13	0.10	0.16	0.13
Other Assets	10.91	9.08	10.40	11.15	13.64	13.44	9.75	9.40	6.40	8.00	7.47	7.11	11.37
Total Assets	42.78	38.63	37.88	38.56	39.17	36.72	30.36	25.63	22.34	21.28	20.26	21.59	26.57

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	0.98	3.44	3.37	3.37	2.79	0.17	0.88	1.84	0.29	-0.50	0.47	1.20
Cash from Investing Activity +	-0.34	-0.48	-2.59	-2.59	-0.15	3.65	6.95	0.79	0.35	0.48	-1.70	-3.53
Cash from Financing Activity +	-0.62	-3.03	-0.83	-0.83	-2.63	-3.77	-6.06	-4.53	-0.72	0.03	1.26	2.36
Net Cash Flow	0.02	-0.07	-0.06	-0.06	0.01	0.06	1.76	-1.90	-0.08	-0.00	0.03	0.03
Free Cash Flow	0.64	2.96	0.77	0.77	2.64	3.82	7.81	2.62	0.10	-0.68	-1.32	-2.45
CFO/OP	27%	54%	47%	68%	75%	16%	55%	-426%	35%	30%	36%	41%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-38.45	-37.29	-31.52	-29.83	-30.53	-29.11	-28.06	-20.82	-19.98	-19.96	-23.09	-22.17

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	82.92	64.74	64.42	57.04	83.38	87.73	93.81	77.79	123.25	82.20	118.38	116.16
Inventory Days	86.32	90.98	80.97	86.37	80.12	108.23	168.52	142.12	77.27	143.37	101.39	132.91
Days Payable	157.44	158.87	141.07	116.66	150.79	190.49	214.66	185.73	189.12	144.06	148.70	128.19
Cash Conversion Cycle	11.79	-3.14	4.32	26.74	12.72	5.47	47.66	34.18	11.40	81.50	71.06	120.88
Working Capital Days	-129.06	-204.98	-54.48	-49.18	-60.41	-69.99	-69.23	-25.93	-73.19	-97.35	-6.38	-374.48
ROCE %	3.12%	3.43%	12.90%	15.27%	10.81%	7.23%	-1.70%	-1.94%	-9.76%	0.94%	-12.95%	5.86%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	72.58%	72.58%	72.72%	72.72%	72.72%	72.72%	72.72%	72.71%	72.71%	50.18%	50.17%	50.17%
DIIs	0.25%	0.25%	0.25%	0.25%	0.25%	0.25%	0.25%	0.25%	0.25%	0.11%	0.11%	0.11%
Public	27.17%	27.17%	27.04%	27.04%	27.04%	27.03%	27.03%	27.04%	27.04%	49.72%	49.72%	49.71%
No. of Shareholders	10,382	10,396	10,354	10,357	10,365	10,344	10,324	10,310	10,289	10,325	10,285	10,289

Shareholding Pattern Chart

No. of Shareholders

Apt Packaging 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

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.68	-4.43	-2.13	-6.81	4.99
Diluted EPS (Rs.)	0.68	-4.43	-2.13	-6.81	4.99
Cash EPS (Rs.)	2.07	-2.53	0.37	-1.88	8.83
Book Value[Excl.RevalReserv]/Share (Rs.)	-8.03	-8.64	-4.62	-5.69	-0.77
Book Value[Incl.RevalReserv]/Share (Rs.)	-8.03	-8.64	-4.62	-5.69	-0.77
Revenue From Operations / Share (Rs.)	23.43	21.90	24.50	22.05	28.61
PBDIT / Share (Rs.)	3.26	-1.29	3.60	-0.15	3.53
PBIT / Share (Rs.)	1.71	-3.11	1.22	-3.19	-0.76
PBT / Share (Rs.)	0.52	-4.37	-2.00	-4.91	3.97
Net Profit / Share (Rs.)	0.52	-4.35	-2.00	-4.91	4.53
PBDIT Margin (%)	13.91	-5.88	14.67	-0.69	12.34
PBIT Margin (%)	7.30	-14.20	4.96	-14.45	-2.68
PBT Margin (%)	2.24	-19.94	-8.16	-22.26	13.86
Net Profit Margin (%)	2.24	-19.85	-8.16	-22.26	15.82
Return on Networth / Equity (%)	-6.56	0.00	0.00	0.00	-583.13
Return on Capital Employeed (%)	93.71	-13.03	8.13	-15.08	-2.59
Return On Assets (%)	1.41	-12.45	-5.45	-13.90	10.25
Long Term Debt / Equity (X)	-1.21	-3.70	-4.09	-4.52	-38.02
Total Debt / Equity (X)	-5.02	-4.28	-7.72	-5.53	-44.83
Asset Turnover Ratio (%)	0.64	0.61	0.68	0.55	0.59
Current Ratio (X)	0.33	0.98	0.49	0.77	1.11
Quick Ratio (X)	0.23	0.70	0.33	0.64	0.90
Inventory Turnover Ratio (X)	7.20	2.75	3.99	4.14	3.34
Interest Coverage Ratio (X)	2.75	-1.03	1.12	-0.05	0.89
Interest Coverage Ratio (Post Tax) (X)	1.44	-2.46	0.37	-1.07	-0.19
Enterprise Value (Cr.)	53.80	46.95	50.72	29.48	0.00
EV / Net Operating Revenue (X)	3.96	3.69	3.57	2.30	0.00
EV / EBITDA (X)	28.44	-62.75	24.30	-331.58	0.00
MarketCap / Net Operating Revenue (X)	2.25	2.02	2.12	0.89	0.00
Price / BV (X)	-6.57	-5.12	-11.26	-3.47	0.00
Price / Net Operating Revenue (X)	2.25	2.02	2.12	0.89	0.00
EarningsYield	0.01	-0.09	-0.03	-0.24	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Apt Packaging Ltd. is a Public Limited Listed company incorporated on 24/06/1980 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24100MH1980PLC022746 and registration number is 022746. Currently Company is involved in the business activities of Manufacture of other plastics products. Company's Total Operating Revenue is Rs. 22.50 Cr. and Equity Capital is Rs. 12.35 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	Gut No. 76, Village Pangra, Aurangabad District Maharashtra 431005	Contact not found

Management
Name	Position Held
Mr. Arvind Machhar	Managing Director
Mr. Sandeep Machhar	Director
Mr. Gheverchand M Bothara	Independent Director
Mr. Balaprasad H Tapdiya	Independent Director
Mr. Suyog Sunil Machhar	Additional Director
Mr. Vikas Tapdiya	Independent Director
Ms. Soham Kotak	Additional Director
Mr. Sidhant Somani	Additional Director

FAQ

What is the intrinsic value of Apt Packaging Ltd and is it undervalued?

As of 05 May 2026, Apt Packaging Ltd's intrinsic value is ₹163.54, which is 6.19% higher than the current market price of ₹154.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (26.9 %), book value (₹14.1), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Apt Packaging Ltd?

Apt Packaging Ltd is trading at ₹154.00 as of 05 May 2026, with a FY2026-2027 high of ₹198 and low of ₹56.9. The stock is currently in the middle of its 52-week range. Market cap stands at ₹182 Cr..

How does Apt Packaging Ltd's P/E ratio compare to its industry?

Apt Packaging Ltd has a P/E ratio of 113, which is above the industry average of 42.72. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Apt Packaging Ltd financially healthy?

Key indicators for Apt Packaging Ltd: ROCE of 9.74 % is on the lower side compared to the industry average of 12.80%; ROE of 26.9 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Apt Packaging Ltd profitable and how is the profit trend?

Apt Packaging Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹13 Cr. Compared to ₹-3 Cr in Mar 2022, the net profit shows an improving trend.

Does Apt Packaging Ltd pay dividends?

Apt Packaging Ltd has a dividend yield of 0.00 % at the current price of ₹154.00. The company is currently not paying meaningful dividends.