Apollo Micro Systems Ltd

Apollo Micro Systems Ltd

₹ 92.2 -0.76%
21 Nov - close price
About

Apollo Micro Systems Ltd is a pioneer in design, development, assembly and testing of electronic and electro mechanical solutions.[1]

Key Points

Service Offerings
The company is a leading player in India, specializing in electronic, electro-mechanical, and engineering design and manufacturing services. Its offerings include electronic manufacturing services (EMS), PCB fabrication, embedded software design and development, circuit board assembly, hardware design services, concept-to-product development, host interface development, and custom-built electronic systems.[1]

It has over 700 onboard technologies and is actively involved in more than 150 indigenous programs and 60 DcPP programs as a sub-system partner. [2]

  • Market Cap 2,826 Cr.
  • Current Price 92.2
  • High / Low 148 / 88.0
  • Stock P/E 59.2
  • Book Value 18.8
  • Dividend Yield 0.05 %
  • ROCE 12.6 %
  • ROE 7.52 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company's median sales growth is 19.8% of last 10 years

Cons

  • Stock is trading at 4.91 times its book value
  • Company has a low return on equity of 6.37% over last 3 years.
  • Promoters have pledged 25.3% of their holding.
  • Company has high debtors of 231 days.
  • Promoter holding has decreased over last 3 years: -3.99%

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
46 65 106 56 52 82 107 58 87 91 135 91 161
36 53 89 46 40 63 84 45 69 67 107 69 128
Operating Profit 10 12 16 10 12 20 23 13 18 24 29 22 33
OPM % 22% 19% 16% 18% 23% 24% 21% 22% 21% 26% 21% 25% 20%
0 0 0 0 0 -1 -1 0 0 1 1 1 1
Interest 4 4 5 4 5 6 7 8 7 7 8 8 7
Depreciation 2 2 2 3 3 3 3 3 3 3 3 3 4
Profit before tax 4 6 9 4 5 9 12 3 9 15 18 12 23
Tax % 32% 43% 10% 54% 33% 28% 36% 40% 26% 31% 29% 29% 30%
3 3 8 2 3 7 8 2 7 10 13 9 16
EPS in Rs 0.13 0.16 0.38 0.08 0.16 0.32 0.36 0.09 0.28 0.36 0.47 0.28 0.52
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
24 69 103 151 201 220 263 246 203 243 298 372 479
19 59 85 126 160 171 215 197 165 198 233 288 371
Operating Profit 5 10 18 25 41 49 48 49 39 46 64 84 108
OPM % 22% 15% 18% 17% 20% 22% 18% 20% 19% 19% 22% 23% 23%
-0 0 0 0 2 0 3 2 1 1 -2 2 4
Interest 2 3 5 8 11 12 13 15 16 17 22 30 30
Depreciation 0 0 4 3 4 6 6 10 9 9 10 11 13
Profit before tax 3 7 9 15 27 31 33 25 14 20 29 45 68
Tax % 14% 27% 21% 33% 36% 38% 11% 45% 29% 28% 35% 29%
3 5 7 10 17 19 29 14 10 15 19 32 48
EPS in Rs 0.40 0.39 0.54 0.73 1.27 0.92 1.40 0.67 0.49 0.70 0.92 1.12 1.63
Dividend Payout % -0% -0% -0% -0% -0% -0% 7% 7% 5% 4% 3% 4%
Compounded Sales Growth
10 Years: 18%
5 Years: 7%
3 Years: 22%
TTM: 43%
Compounded Profit Growth
10 Years: 20%
5 Years: 2%
3 Years: 46%
TTM: 93%
Stock Price CAGR
10 Years: %
5 Years: 66%
3 Years: 102%
1 Year: -34%
Return on Equity
10 Years: 8%
5 Years: 6%
3 Years: 6%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 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 6 14 14 14 14 21 21 21 21 21 21 28 31
Reserves 6 14 21 31 50 235 261 275 284 299 317 480 545
16 35 58 71 88 87 108 83 116 116 144 208 212
3 22 42 87 94 121 61 86 109 163 211 239 264
Total Liabilities 31 85 135 203 246 463 451 465 530 598 692 955 1,052
4 6 23 21 30 29 42 50 49 86 106 144 163
CWIP 3 12 1 10 13 29 28 37 50 25 25 24 44
Investments -0 -0 -0 -0 -0 -0 -0 -0 1 1 1 1 1
25 67 110 172 203 406 380 378 430 487 561 786 844
Total Assets 31 85 135 203 246 463 451 465 530 598 692 955 1,052

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 -4 4 14 -42 -73 47 8 43 -16 -80
-0 -10 -10 -17 -109 64 -19 -23 -25 -35 -57
-0 16 9 -11 152 10 -36 15 -18 51 138
Net Cash Flow -0 1 3 -14 0 1 -8 0 0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 179 213 217 209 130 190 235 201 305 205 180 231
Inventory Days 155 204 228 275 391 317 421 546 597 594 612
Days Payable 124 161 225 164 212 68 115 189 258 195 234
Cash Conversion Cycle 179 243 261 212 241 369 484 507 661 544 579 610
Working Capital Days 337 246 250 201 171 298 415 435 581 486 493 550
ROCE % 22% 19% 22% 28% 18% 12% 10% 8% 9% 12% 13%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 59.10% 52.67% 53.21% 53.21% 55.12% 55.12%
3.90% 1.75% 1.78% 0.71% 0.65% 0.12% 0.17% 5.27% 11.01% 11.14% 7.42% 0.19%
0.00% 0.00% 0.00% 0.00% 2.63% 3.59% 3.64% 3.31% 0.01% 0.01% 0.00% 0.87%
37.00% 39.15% 39.11% 40.18% 37.63% 37.19% 37.10% 38.76% 35.76% 35.62% 37.46% 43.82%
No. of Shareholders 44,82648,53147,62846,14641,53542,13459,53985,2061,43,7781,79,0492,15,5872,82,055

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents