Aplab Ltd
Incorporated in 1962, APLAB Limited is engaged in the manufacturing & marketing of professional electronic equipment business.
- Market Cap ₹ 86.3 Cr.
- Current Price ₹ 68.7
- High / Low ₹ 127 / 64.7
- Stock P/E 29.9
- Book Value ₹ 10.6
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Promoter holding has increased by 4.32% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.61% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.1.96 Cr.
- Company has high debtors of 169 days.
- Working capital days have increased from 134 days to 196 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Electronics Industry: Electronics - Components
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
71.53 | 94.86 | 74.18 | 70.89 | 72.04 | 61.03 | 53.19 | 51.47 | 53.02 | 51.36 | 51.48 | 49.05 | 53.33 | |
66.40 | 82.20 | 76.93 | 76.44 | 74.36 | 65.02 | 55.68 | 47.45 | 47.75 | 44.42 | 45.27 | 44.51 | 49.67 | |
Operating Profit | 5.13 | 12.66 | -2.75 | -5.55 | -2.32 | -3.99 | -2.49 | 4.02 | 5.27 | 6.94 | 6.21 | 4.54 | 3.66 |
OPM % | 7.17% | 13.35% | -3.71% | -7.83% | -3.22% | -6.54% | -4.68% | 7.81% | 9.94% | 13.51% | 12.06% | 9.26% | 6.86% |
2.27 | 0.93 | 0.71 | 0.82 | 1.55 | 0.38 | 18.50 | 3.42 | 1.32 | -1.08 | -1.72 | 0.15 | 1.96 | |
Interest | 8.96 | 10.22 | 10.63 | 11.24 | 11.21 | 10.82 | 8.06 | 6.21 | 6.60 | 5.31 | 3.84 | 3.45 | 2.91 |
Depreciation | 2.14 | 2.78 | 1.76 | 1.62 | 1.56 | 1.44 | 1.29 | 1.02 | 0.38 | 0.38 | 0.45 | 0.44 | 0.45 |
Profit before tax | -3.70 | 0.59 | -14.43 | -17.59 | -13.54 | -15.87 | 6.66 | 0.21 | -0.39 | 0.17 | 0.20 | 0.80 | 2.26 |
Tax % | -0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 18.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
-3.67 | 0.59 | -14.43 | -17.59 | -13.54 | -15.87 | 5.41 | 0.21 | -0.39 | 0.17 | 0.20 | 0.80 | 2.26 | |
EPS in Rs | -3.67 | 0.59 | -14.43 | -17.59 | -13.54 | -15.87 | 5.41 | 0.21 | -0.39 | 0.17 | 0.20 | 0.72 | 2.04 |
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% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -2% |
3 Years: | -3% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 16% |
3 Years: | 78% |
TTM: | -58% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 75% |
3 Years: | 56% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 10.00 | 10.00 | 11.09 | 13.96 |
Reserves | 21.26 | 21.84 | 7.02 | -10.57 | -23.03 | -37.54 | -31.64 | -31.38 | -31.08 | -30.76 | -29.81 | -3.83 | -2.20 |
70.34 | 74.85 | 72.78 | 71.71 | 66.30 | 70.28 | 70.20 | 71.36 | 71.71 | 47.62 | 50.24 | 28.84 | 26.60 | |
35.03 | 48.83 | 42.05 | 65.49 | 70.61 | 68.55 | 59.67 | 48.54 | 43.90 | 39.54 | 45.08 | 35.24 | 33.09 | |
Total Liabilities | 131.63 | 150.52 | 126.85 | 131.63 | 118.88 | 106.29 | 103.23 | 93.52 | 89.53 | 66.40 | 75.51 | 71.34 | 71.45 |
59.13 | 57.68 | 55.04 | 53.33 | 51.61 | 16.78 | 4.26 | 3.70 | 3.47 | 6.54 | 7.37 | 7.03 | 6.83 | |
CWIP | 1.64 | 0.00 | 0.00 | 0.00 | 0.35 | 0.82 | 2.35 | 3.59 | 3.88 | 1.08 | 0.00 | 0.49 | 0.67 |
Investments | 2.26 | 2.26 | 0.07 | 0.07 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
68.60 | 90.58 | 71.74 | 78.23 | 66.90 | 88.67 | 96.60 | 86.21 | 82.16 | 58.76 | 68.12 | 63.80 | 63.93 | |
Total Assets | 131.63 | 150.52 | 126.85 | 131.63 | 118.88 | 106.29 | 103.23 | 93.52 | 89.53 | 66.40 | 75.51 | 71.34 | 71.45 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-12.31 | -9.37 | -3.64 | -5.70 | 4.45 | -27.50 | 2.32 | -23.38 | -1.02 | 18.73 | -2.89 | -3.38 | |
-3.15 | 0.20 | 2.68 | 0.07 | -0.42 | -1.57 | 20.69 | 31.67 | -0.25 | -0.38 | 0.02 | 0.18 | |
16.00 | 6.53 | -1.67 | 12.05 | -7.16 | 30.06 | -23.37 | -8.33 | 0.35 | -19.10 | 2.62 | 3.46 | |
Net Cash Flow | 0.54 | -2.64 | -2.63 | 6.43 | -3.13 | 0.99 | -0.36 | -0.03 | -0.92 | -0.75 | -0.25 | 0.25 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 67.76 | 109.66 | 90.00 | 102.77 | 88.92 | 36.42 | 131.89 | 134.24 | 104.71 | 124.51 | 212.92 | 169.14 |
Inventory Days | 484.26 | 288.61 | 275.19 | 152.39 | 102.72 | 168.84 | 184.91 | 301.69 | 243.23 | 300.66 | 544.09 | 663.21 |
Days Payable | 154.91 | 198.46 | 103.01 | 192.21 | 18.98 | 156.27 | 152.70 | 164.50 | 167.18 | 129.08 | 194.05 | 190.71 |
Cash Conversion Cycle | 397.12 | 199.81 | 262.18 | 62.95 | 172.66 | 48.99 | 164.11 | 271.42 | 180.76 | 296.09 | 562.96 | 641.64 |
Working Capital Days | 158.59 | 104.54 | 136.44 | -56.89 | -126.67 | 165.25 | 205.04 | 177.07 | 173.62 | 44.84 | 161.23 | 196.38 |
ROCE % | 5.47% | 11.00% | -4.08% | -8.40% | -4.91% | -11.74% | -8.51% | 7.41% | 13.71% | 18.98% | 21.64% | 14.67% |
Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
8 Nov - Disclosure of acquisition of shares in Aplab Limited.
- Financial Results For The Quarter And Half Year Ended 30Th September, 2024 Filed On 7Th November, 2024 8 Nov
- EGM On 30Th November, 2024 7 Nov
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Results-Financial Results For The Quarter And Half Year Ended 30Th September, 2024
7 Nov - Un-audited financial results for Q2 and half year ended September 2024.
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Board Meeting Outcome for Outcome Of Board Meeting
7 Nov - Board approved financial results and share allotment.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product & Services:[1]
a) Test and Measurement Instruments (T&M)
b) Power Conversion & Controls (PCC)
c) Power Supply Equipment (PE) and Ups System
d) Banking and Retail Automation (BA)
e) Cable Fault Locating Instruments (CFS)
f) High Power DC System
g) Design & Manufacturing Services
h) Power Energy Saver
i) Laboratory Instruments
j) Recently, the company has also diversified into Solar Power Equipment business.