Apollo Micro Systems Ltd

Apollo Micro Systems Ltd

₹ 91.7 -0.43%
22 Nov 11:32 a.m.
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 2,810 Cr.
  • Current Price 91.7
  • High / Low 148 / 88.0
  • Stock P/E 59.8
  • Book Value 18.8
  • Dividend Yield 0.05 %
  • ROCE 12.4 %
  • ROE 7.36 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 4.89 times its book value
  • Company has a low return on equity of 6.26% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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 56 82 107 58 87 91 135 91 161
36 53 89 46 46 63 84 45 69 67 107 69 128
Operating Profit 10 12 16 10 10 20 23 13 18 24 29 22 33
OPM % 22% 19% 16% 18% 18% 24% 21% 22% 21% 26% 21% 25% 20%
0 0 0 0 0 -1 -1 0 0 0 1 1 1
Interest 4 4 5 4 4 6 8 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 4 9 11 3 9 14 18 12 22
Tax % 32% 43% 10% 54% 54% 28% 36% 42% 25% 31% 29% 29% 30%
3 3 8 2 2 7 7 2 7 10 13 8 16
EPS in Rs 0.13 0.16 0.38 0.08 0.08 0.32 0.35 0.08 0.28 0.35 0.46 0.28 0.51
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
246 203 243 298 372 479
197 165 198 233 288 371
Operating Profit 49 39 46 64 84 108
OPM % 20% 19% 19% 22% 23% 23%
2 1 1 -2 2 3
Interest 15 16 17 22 30 30
Depreciation 10 9 9 10 11 13
Profit before tax 25 14 20 29 44 67
Tax % 45% 29% 28% 35% 29%
14 10 15 19 31 47
EPS in Rs 0.67 0.49 0.70 0.90 1.10 1.60
Dividend Payout % 7% 5% 4% 3% 5%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 22%
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 45%
TTM: 94%
Stock Price CAGR
10 Years: %
5 Years: 66%
3 Years: 102%
1 Year: -34%
Return on Equity
10 Years: %
5 Years: %
3 Years: 6%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 21 21 21 21 28 31
Reserves 275 284 299 317 479 544
83 117 116 144 208 215
86 110 164 211 241 267
Total Liabilities 465 532 599 693 956 1,057
50 49 86 106 144 164
CWIP 37 52 30 32 35 56
Investments 0 0 0 0 0 0
378 430 484 555 777 837
Total Assets 465 532 599 693 956 1,057

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
47 6 43 -16 -78
-19 -23 -24 -35 -59
-36 17 -19 51 137
Net Cash Flow -8 0 0 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 201 305 205 180 231
Inventory Days 421 546 597 594 612
Days Payable 115 189 258 195 234
Cash Conversion Cycle 507 661 544 579 609
Working Capital Days 435 581 486 492 549
ROCE % 8% 9% 12% 12%

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.

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