Aptech Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 13, 2025, 8:45 pm

Market Cap	682 Cr.
Current Price	118
High / Low	265/106
Stock P/E	35.9
Book Value	41.9
Dividend Yield	3.83 %
ROCE	18.6 %
ROE	13.1 %
Face Value	10.0
PEG Ratio	5.75

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aptech Ltd

Competitors of Aptech Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
G-Tech Info Training Ltd	1.37 Cr.	3.92	3.92/1.52	68.5	0.37	0.00 %	19.0 %	9.52 %	1.00
Aptech Ltd	682 Cr.	118	265/106	35.9	41.9	3.83 %	18.6 %	13.1 %	10.0
NIIT Ltd	1,572 Cr.	116	234/90.6	34.5	77.4	1.08 %	4.64 %	3.80 %	2.00
MPS Ltd	3,907 Cr.	2,284	3,079/1,315	36.1	204	3.28 %	39.0 %	29.2 %	10.0
Compucom Software Ltd	138 Cr.	17.4	41.6/15.9	170	17.6	2.30 %	6.00 %	3.77 %	2.00
Industry Average	1,574.75 Cr	507.86		69.00	68.25	2.10%	17.45%	11.88%	5.00

All Competitor Stocks of Aptech Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	79.36	64.74	56.00	105.00	117.46	178.46	122.78	109.32	100.64	104.06	104.71	126.50	110.21
Expenses	62.05	55.05	52.27	90.65	94.79	143.48	108.90	95.72	91.55	99.28	97.69	118.74	103.77
Operating Profit	17.31	9.69	3.73	14.35	22.67	34.98	13.88	13.60	9.09	4.78	7.02	7.76	6.44
OPM %	21.81%	14.97%	6.66%	13.67%	19.30%	19.60%	11.30%	12.44%	9.03%	4.59%	6.70%	6.13%	5.84%
Other Income	2.19	2.26	1.94	5.38	2.83	3.01	-0.49	4.85	2.44	1.97	2.67	4.36	4.63
Interest	0.03	0.05	0.00	0.00	0.00	0.13	0.30	0.44	0.31	0.33	0.32	0.19	0.33
Depreciation	1.89	1.82	1.66	1.64	1.47	1.73	1.86	1.99	2.12	2.39	2.20	2.22	2.16
Profit before tax	17.58	10.08	4.01	18.09	24.03	36.13	11.23	16.02	9.10	4.03	7.17	9.71	8.58
Tax %	27.47%	-153.47%	25.19%	25.10%	26.09%	7.67%	27.78%	28.65%	25.71%	31.51%	29.29%	43.36%	58.28%
Net Profit	12.75	25.55	3.01	13.55	17.77	33.35	8.11	11.43	6.75	2.75	5.06	5.50	3.58
EPS in Rs	2.21	4.41	0.52	2.34	3.06	5.75	1.40	1.97	1.16	0.47	0.87	0.95	0.62

Last Updated: February 28, 2025, 3:30 pm

Below is a detailed analysis of the quarterly data for Aptech Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 110.21 Cr.. The value appears to be declining and may need further review. It has decreased from 126.50 Cr. (Sep 2024) to 110.21 Cr., marking a decrease of 16.29 Cr..
For Expenses, as of Dec 2024, the value is 103.77 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 118.74 Cr. (Sep 2024) to 103.77 Cr., marking a decrease of 14.97 Cr..
For Operating Profit, as of Dec 2024, the value is 6.44 Cr.. The value appears to be declining and may need further review. It has decreased from 7.76 Cr. (Sep 2024) to 6.44 Cr., marking a decrease of 1.32 Cr..
For OPM %, as of Dec 2024, the value is 5.84%. The value appears to be declining and may need further review. It has decreased from 6.13% (Sep 2024) to 5.84%, marking a decrease of 0.29%.
For Other Income, as of Dec 2024, the value is 4.63 Cr.. The value appears strong and on an upward trend. It has increased from 4.36 Cr. (Sep 2024) to 4.63 Cr., marking an increase of 0.27 Cr..
For Interest, as of Dec 2024, the value is 0.33 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.19 Cr. (Sep 2024) to 0.33 Cr., marking an increase of 0.14 Cr..
For Depreciation, as of Dec 2024, the value is 2.16 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.22 Cr. (Sep 2024) to 2.16 Cr., marking a decrease of 0.06 Cr..
For Profit before tax, as of Dec 2024, the value is 8.58 Cr.. The value appears to be declining and may need further review. It has decreased from 9.71 Cr. (Sep 2024) to 8.58 Cr., marking a decrease of 1.13 Cr..
For Tax %, as of Dec 2024, the value is 58.28%. The value appears to be increasing, which may not be favorable. It has increased from 43.36% (Sep 2024) to 58.28%, marking an increase of 14.92%.
For Net Profit, as of Dec 2024, the value is 3.58 Cr.. The value appears to be declining and may need further review. It has decreased from 5.50 Cr. (Sep 2024) to 3.58 Cr., marking a decrease of 1.92 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.62. The value appears to be declining and may need further review. It has decreased from 0.95 (Sep 2024) to 0.62, marking a decrease of 0.33.

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: March 6, 2025, 2:03 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	172	177	170	162	212	228	207	158	118	225	456	436	445
Expenses	142	146	145	142	183	200	177	132	102	184	380	394	419
Operating Profit	29	31	25	20	29	28	29	26	16	41	76	42	26
OPM %	17%	18%	15%	13%	14%	12%	14%	16%	13%	18%	17%	10%	6%
Other Income	19	13	5	4	4	21	4	5	8	11	13	9	14
Interest	1	1	1	1	0	0	0	1	2	0	1	2	1
Depreciation	9	8	10	10	11	11	11	9	12	8	6	8	9
Profit before tax	39	36	19	13	23	37	22	21	9	43	82	40	29
Tax %	19%	16%	18%	21%	15%	10%	19%	36%	-40%	-14%	18%	28%
Net Profit	31	30	16	10	19	33	18	14	12	49	68	29	17
EPS in Rs	4.58	5.32	2.80	1.82	3.45	5.88	3.26	2.40	2.15	8.54	11.67	5.01	2.91
Dividend Payout %	62%	60%	83%	39%	62%	42%	77%	134%	75%	42%	37%	90%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-3.23%	-46.67%	-37.50%	90.00%	73.68%	-45.45%	-22.22%	-14.29%	308.33%	38.78%	-57.35%
Change in YoY Net Profit Growth (%)	0.00%	-43.44%	9.17%	127.50%	-16.32%	-119.14%	23.23%	7.94%	322.62%	-269.56%	-96.13%

Aptech Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	16%
3 Years:	55%
TTM:	-13%

Compounded Profit Growth
10 Years:	1%
5 Years:	13%
3 Years:	40%
TTM:	-70%

Stock Price CAGR
10 Years:	11%
5 Years:	17%
3 Years:	-23%
1 Year:	-51%

Return on Equity
10 Years:	11%
5 Years:	15%
3 Years:	22%
Last Year:	13%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:51 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	49	40	40	40	40	40	40	40	41	41	41	58	58
Reserves	292	185	183	189	208	239	239	219	126	169	215	202	185
Borrowings	0	0	0	0	0	0	0	28	2	0	7	8	7
Other Liabilities	54	43	37	31	39	45	52	54	56	101	218	140	145
Total Liabilities	395	268	260	260	286	324	330	341	224	311	481	409	394
Fixed Assets	95	32	32	29	33	28	28	29	20	19	23	28	29
CWIP	3	1	2	3	3	3	2	1	1	1	3	4	0
Investments	111	111	111	111	127	138	132	132	24	23	23	23	3
Other Assets	186	123	115	116	124	155	168	180	179	269	433	354	363
Total Assets	395	268	260	260	286	324	330	341	224	311	481	409	394

Below is a detailed analysis of the balance sheet data for Aptech Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹58.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 58.00 Cr..
For Reserves, as of Sep 2024, the value is ₹185.00 Cr.. The value appears to be declining and may need further review. It has decreased from 202.00 Cr. (Mar 2024) to ₹185.00 Cr., marking a decrease of 17.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹7.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 8.00 Cr. (Mar 2024) to ₹7.00 Cr., marking a decrease of 1.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹145.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 140.00 Cr. (Mar 2024) to ₹145.00 Cr., marking an increase of 5.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹394.00 Cr.. The value appears to be improving (decreasing). It has decreased from 409.00 Cr. (Mar 2024) to ₹394.00 Cr., marking a decrease of 15.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹29.00 Cr.. The value appears strong and on an upward trend. It has increased from 28.00 Cr. (Mar 2024) to ₹29.00 Cr., marking an increase of 1.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2024) to ₹0.00 Cr., marking a decrease of 4.00 Cr..
For Investments, as of Sep 2024, the value is ₹3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 23.00 Cr. (Mar 2024) to ₹3.00 Cr., marking a decrease of 20.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹363.00 Cr.. The value appears strong and on an upward trend. It has increased from 354.00 Cr. (Mar 2024) to ₹363.00 Cr., marking an increase of 9.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹394.00 Cr.. The value appears to be declining and may need further review. It has decreased from 409.00 Cr. (Mar 2024) to ₹394.00 Cr., marking a decrease of 15.00 Cr..

Notably, the Reserves (185.00 Cr.) exceed the Borrowings (7.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	25	11	17	14	29	12	14	-10	41	45	99	-8
Cash from Investing Activity +	-24	46	-21	-14	-24	2	0	22	-6	-1	-54	-24
Cash from Financing Activity +	-0	-60	-1	-0	-0	-14	-17	-18	-24	-6	-21	-28
Net Cash Flow	1	-4	-4	1	5	-0	-3	-6	11	38	24	-60

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	29.00	31.00	25.00	20.00	29.00	28.00	29.00	-2.00	14.00	41.00	69.00	34.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	56	68	72	91	72	99	122	171	185	118	45	40
Inventory Days
Days Payable
Cash Conversion Cycle	56	68	72	91	72	99	122	171	185	118	45	40
Working Capital Days	-22	12	18	37	37	68	85	188	190	81	19	104
ROCE %	9%	13%	9%	6%	10%	8%	8%	8%	5%	23%	35%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	47.69%	47.66%	47.41%	47.39%	47.37%	47.35%	47.37%	47.36%	47.36%	47.36%	47.35%	47.35%
FIIs	9.52%	9.23%	7.99%	8.00%	7.57%	6.22%	5.32%	1.51%	0.50%	0.39%	0.48%	0.47%
DIIs	0.58%	0.86%	1.31%	1.23%	1.22%	1.26%	1.08%	1.10%	2.10%	3.26%	3.19%	2.95%
Public	42.21%	42.25%	43.29%	43.36%	43.85%	45.17%	46.22%	50.02%	50.04%	48.99%	48.98%	49.23%
No. of Shareholders	61,098	62,002	63,445	59,725	57,241	77,551	87,207	95,054	97,917	98,401	1,01,093	1,03,401

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	5.01	16.36	12.07	3.03	3.38
Diluted EPS (Rs.)	5.01	16.36	12.01	2.99	3.31
Cash EPS (Rs.)	6.45	17.91	13.96	5.02	5.55
Book Value[Excl.RevalReserv]/Share (Rs.)	44.83	61.90	50.75	40.84	64.43
Book Value[Incl.RevalReserv]/Share (Rs.)	44.83	61.90	50.75	40.84	64.43
Revenue From Operations / Share (Rs.)	75.32	110.33	54.69	21.87	39.29
PBDIT / Share (Rs.)	9.87	21.47	12.55	6.63	10.32
PBIT / Share (Rs.)	8.42	19.90	10.55	4.63	8.12
PBT / Share (Rs.)	6.96	19.86	10.50	4.27	7.92
Net Profit / Share (Rs.)	5.01	16.34	11.96	3.01	3.36
NP After MI And SOA / Share (Rs.)	5.01	16.34	11.96	3.01	3.36
PBDIT Margin (%)	13.09	19.45	22.95	30.33	26.26
PBIT Margin (%)	11.18	18.03	19.28	21.14	20.67
PBT Margin (%)	9.24	18.00	19.20	19.54	20.16
Net Profit Margin (%)	6.64	14.81	21.86	13.78	8.54
NP After MI And SOA Margin (%)	6.64	14.81	21.86	13.78	8.54
Return on Networth / Equity (%)	11.17	26.40	23.56	7.38	5.20
Return on Capital Employeed (%)	18.12	31.12	20.53	11.13	12.41
Return On Assets (%)	7.10	14.06	15.91	5.53	3.95
Total Debt / Equity (X)	0.00	0.00	0.00	0.00	0.08
Asset Turnover Ratio (%)	0.98	1.15	0.60	0.20	0.32
Current Ratio (X)	2.21	1.52	2.17	2.64	1.86
Quick Ratio (X)	2.20	1.52	2.15	2.61	1.84
Dividend Payout Ratio (NP) (%)	85.57	30.54	18.52	0.00	237.50
Dividend Payout Ratio (CP) (%)	66.43	27.86	15.86	0.00	143.59
Earning Retention Ratio (%)	14.43	69.46	81.48	0.00	-137.50
Cash Earning Retention Ratio (%)	33.57	72.14	84.14	0.00	-43.59
Interest Coverage Ratio (X)	41.23	648.43	296.57	18.89	50.90
Interest Coverage Ratio (Post Tax) (X)	27.04	494.71	283.50	13.29	30.87
Enterprise Value (Cr.)	1319.37	1321.51	1340.65	735.97	347.43
EV / Net Operating Revenue (X)	3.02	2.89	5.93	8.27	2.20
EV / EBITDA (X)	23.06	14.87	25.83	27.27	8.37
MarketCap / Net Operating Revenue (X)	3.08	3.09	6.22	8.53	2.13
Retention Ratios (%)	14.42	69.45	81.47	0.00	-137.50
Price / BV (X)	5.17	5.51	6.70	4.57	1.30
Price / Net Operating Revenue (X)	3.08	3.09	6.22	8.53	2.13
EarningsYield	0.02	0.04	0.03	0.01	0.04

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

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 5.01. This value is within the healthy range. It has decreased from 16.36 (Mar 23) to 5.01, marking a decrease of 11.35.
For Diluted EPS (Rs.), as of Mar 24, the value is 5.01. This value is within the healthy range. It has decreased from 16.36 (Mar 23) to 5.01, marking a decrease of 11.35.
For Cash EPS (Rs.), as of Mar 24, the value is 6.45. This value is within the healthy range. It has decreased from 17.91 (Mar 23) to 6.45, marking a decrease of 11.46.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 44.83. It has decreased from 61.90 (Mar 23) to 44.83, marking a decrease of 17.07.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 44.83. It has decreased from 61.90 (Mar 23) to 44.83, marking a decrease of 17.07.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 75.32. It has decreased from 110.33 (Mar 23) to 75.32, marking a decrease of 35.01.
For PBDIT / Share (Rs.), as of Mar 24, the value is 9.87. This value is within the healthy range. It has decreased from 21.47 (Mar 23) to 9.87, marking a decrease of 11.60.
For PBIT / Share (Rs.), as of Mar 24, the value is 8.42. This value is within the healthy range. It has decreased from 19.90 (Mar 23) to 8.42, marking a decrease of 11.48.
For PBT / Share (Rs.), as of Mar 24, the value is 6.96. This value is within the healthy range. It has decreased from 19.86 (Mar 23) to 6.96, marking a decrease of 12.90.
For Net Profit / Share (Rs.), as of Mar 24, the value is 5.01. This value is within the healthy range. It has decreased from 16.34 (Mar 23) to 5.01, marking a decrease of 11.33.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 5.01. This value is within the healthy range. It has decreased from 16.34 (Mar 23) to 5.01, marking a decrease of 11.33.
For PBDIT Margin (%), as of Mar 24, the value is 13.09. This value is within the healthy range. It has decreased from 19.45 (Mar 23) to 13.09, marking a decrease of 6.36.
For PBIT Margin (%), as of Mar 24, the value is 11.18. This value is within the healthy range. It has decreased from 18.03 (Mar 23) to 11.18, marking a decrease of 6.85.
For PBT Margin (%), as of Mar 24, the value is 9.24. This value is below the healthy minimum of 10. It has decreased from 18.00 (Mar 23) to 9.24, marking a decrease of 8.76.
For Net Profit Margin (%), as of Mar 24, the value is 6.64. This value is within the healthy range. It has decreased from 14.81 (Mar 23) to 6.64, marking a decrease of 8.17.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 6.64. This value is below the healthy minimum of 8. It has decreased from 14.81 (Mar 23) to 6.64, marking a decrease of 8.17.
For Return on Networth / Equity (%), as of Mar 24, the value is 11.17. This value is below the healthy minimum of 15. It has decreased from 26.40 (Mar 23) to 11.17, marking a decrease of 15.23.
For Return on Capital Employeed (%), as of Mar 24, the value is 18.12. This value is within the healthy range. It has decreased from 31.12 (Mar 23) to 18.12, marking a decrease of 13.00.
For Return On Assets (%), as of Mar 24, the value is 7.10. This value is within the healthy range. It has decreased from 14.06 (Mar 23) to 7.10, marking a decrease of 6.96.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.98. It has decreased from 1.15 (Mar 23) to 0.98, marking a decrease of 0.17.
For Current Ratio (X), as of Mar 24, the value is 2.21. This value is within the healthy range. It has increased from 1.52 (Mar 23) to 2.21, marking an increase of 0.69.
For Quick Ratio (X), as of Mar 24, the value is 2.20. This value exceeds the healthy maximum of 2. It has increased from 1.52 (Mar 23) to 2.20, marking an increase of 0.68.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 85.57. This value exceeds the healthy maximum of 50. It has increased from 30.54 (Mar 23) to 85.57, marking an increase of 55.03.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 66.43. This value exceeds the healthy maximum of 50. It has increased from 27.86 (Mar 23) to 66.43, marking an increase of 38.57.
For Earning Retention Ratio (%), as of Mar 24, the value is 14.43. This value is below the healthy minimum of 40. It has decreased from 69.46 (Mar 23) to 14.43, marking a decrease of 55.03.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 33.57. This value is below the healthy minimum of 40. It has decreased from 72.14 (Mar 23) to 33.57, marking a decrease of 38.57.
For Interest Coverage Ratio (X), as of Mar 24, the value is 41.23. This value is within the healthy range. It has decreased from 648.43 (Mar 23) to 41.23, marking a decrease of 607.20.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 27.04. This value is within the healthy range. It has decreased from 494.71 (Mar 23) to 27.04, marking a decrease of 467.67.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,319.37. It has decreased from 1,321.51 (Mar 23) to 1,319.37, marking a decrease of 2.14.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.02. This value exceeds the healthy maximum of 3. It has increased from 2.89 (Mar 23) to 3.02, marking an increase of 0.13.
For EV / EBITDA (X), as of Mar 24, the value is 23.06. This value exceeds the healthy maximum of 15. It has increased from 14.87 (Mar 23) to 23.06, marking an increase of 8.19.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.08. This value exceeds the healthy maximum of 3. It has decreased from 3.09 (Mar 23) to 3.08, marking a decrease of 0.01.
For Retention Ratios (%), as of Mar 24, the value is 14.42. This value is below the healthy minimum of 30. It has decreased from 69.45 (Mar 23) to 14.42, marking a decrease of 55.03.
For Price / BV (X), as of Mar 24, the value is 5.17. This value exceeds the healthy maximum of 3. It has decreased from 5.51 (Mar 23) to 5.17, marking a decrease of 0.34.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.08. This value exceeds the healthy maximum of 3. It has decreased from 3.09 (Mar 23) to 3.08, marking a decrease of 0.01.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.02, marking a decrease of 0.02.

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 Aptech Ltd as of April 13, 2025 is: 163.68

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 April 13, 2025, Aptech Ltd is Undervalued by 38.71% compared to the current share price 118.00

Intrinsic Value of Aptech Ltd as of April 13, 2025 is: 173.89

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 April 13, 2025, Aptech Ltd is Undervalued by 47.36% compared to the current share price 118.00

Last 5 Year EPS CAGR: 6.24%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (203.92 cr) compared to borrowings (4.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (243.54 cr) and profit (31.77 cr) over the years.	The stock has a low average ROCE of 12.75%, which may not be favorable. The stock has a high average Working Capital Days of 68.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 94.92, which may not be favorable.

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 Aptech Ltd:
1. Net Profit Margin: 6.64%
  - 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: 18.12% (Industry Average ROCE: 17.45%)
  - 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%: 11.17% (Industry Average ROE: 11.88%)
  - 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): 27.04
  - 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: 2.2
  - 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: 35.9 (Industry average Stock P/E: 69)
  - 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
  - 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

Aptech Ltd. is a Public Limited Listed company incorporated on 25/01/2000 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L72900MH2000PLC123841 and registration number is 123841. Currently Company is involved in the business activities of Other educational services. Company's Total Operating Revenue is Rs. 213.16 Cr. and Equity Capital is Rs. 57.99 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
IT Training Services	Aptech House, Mumbai Maharashtra 400093	investors_relations@aptech.ac.in http://www.aptech-worldwide.com

Management
Name	Position Held
Mr. Utpal Sheth	Vice Chairman
Dr. Anuj Kacker	Whole Time Director
Mr. Rajiv Agarwal	Director
Mr. Ronnie Adi Talati	Independent Director
Mr. Nikhil Dalal	Independent Director
Mrs. Madhu Jayakumar	Independent Director
Mr. Ameet Hariani	Independent Director
Mr. Sivaramakrishnan Iyer	Independent Director

FAQ

What is the intrinsic value of Aptech Ltd?

Aptech Ltd's intrinsic value (as of 13 April 2025) is ₹163.68 — 38.71% higher the current market price of 118.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 682 Cr. market cap, FY2025-2026 high/low of ₹265/106, reserves of 185 Cr, and liabilities of 394 Cr.

What is the Market Cap of Aptech Ltd?

The Market Cap of Aptech Ltd is 682 Cr..

What is the current Stock Price of Aptech Ltd as on 13 April 2025?

The current stock price of Aptech Ltd as on 13 April 2025 is 118.

What is the High / Low of Aptech Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Aptech Ltd stocks is ₹265/106.

What is the Stock P/E of Aptech Ltd?

The Stock P/E of Aptech Ltd is 35.9.

What is the Book Value of Aptech Ltd?

The Book Value of Aptech Ltd is 41.9.

What is the Dividend Yield of Aptech Ltd?

The Dividend Yield of Aptech Ltd is 3.83 %.

What is the ROCE of Aptech Ltd?

The ROCE of Aptech Ltd is 18.6 %.

What is the ROE of Aptech Ltd?

The ROE of Aptech Ltd is 13.1 %.

What is the Face Value of Aptech Ltd?

The Face Value of Aptech Ltd is 10.0.