Artemis Electricals & Projects Ltd
Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]
- Market Cap ₹ 482 Cr.
- Current Price ₹ 19.2
- High / Low ₹ 37.9 / 17.0
- Stock P/E 110
- Book Value ₹ 3.20
- Dividend Yield 0.03 %
- ROCE 6.62 %
- ROE 5.28 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 6.00 times its book value
- The company has delivered a poor sales growth of -16.5% over past five years.
- Company has a low return on equity of -0.49% over last 3 years.
- Company has high debtors of 456 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.55 | 6.56 | 8.91 | 45.31 | 47.24 | 89.48 | 101.77 | 106.92 | 44.95 | 34.33 | 58.22 | 41.36 | 37.31 | |
4.81 | 6.23 | 8.34 | 42.88 | 44.13 | 74.45 | 85.47 | 88.90 | 41.53 | 41.44 | 47.17 | 33.63 | 30.20 | |
Operating Profit | 0.74 | 0.33 | 0.57 | 2.43 | 3.11 | 15.03 | 16.30 | 18.02 | 3.42 | -7.11 | 11.05 | 7.73 | 7.11 |
OPM % | 13.33% | 5.03% | 6.40% | 5.36% | 6.58% | 16.80% | 16.02% | 16.85% | 7.61% | -20.71% | 18.98% | 18.69% | 19.06% |
0.00 | 0.02 | 0.03 | 0.03 | 0.00 | 0.04 | 0.46 | 1.88 | 0.16 | 0.00 | 0.00 | 0.12 | 0.31 | |
Interest | 0.00 | 0.01 | 0.00 | 0.21 | 0.01 | 0.37 | 0.98 | 1.18 | 0.80 | 5.89 | 1.70 | 0.99 | 0.32 |
Depreciation | 0.00 | 0.15 | 0.15 | 0.17 | 0.24 | 0.52 | 1.79 | 1.77 | 2.28 | 1.90 | 1.61 | 1.38 | 1.23 |
Profit before tax | 0.74 | 0.19 | 0.45 | 2.08 | 2.86 | 14.18 | 13.99 | 16.95 | 0.50 | -14.90 | 7.74 | 5.48 | 5.87 |
Tax % | 31.08% | 21.05% | 28.89% | 25.96% | 38.11% | 32.51% | 27.16% | 26.37% | 68.00% | -21.41% | 15.89% | 25.18% | |
0.51 | 0.16 | 0.32 | 1.55 | 1.77 | 9.56 | 10.19 | 12.49 | 0.16 | -11.71 | 6.51 | 4.10 | 4.39 | |
EPS in Rs | 0.37 | 0.07 | 0.13 | 0.35 | 0.40 | 2.15 | 0.58 | 0.51 | 0.01 | -0.47 | 0.26 | 0.16 | 0.18 |
Dividend Payout % | 13.63% | 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: | 20% |
5 Years: | -16% |
3 Years: | -3% |
TTM: | -47% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | -17% |
3 Years: | 183% |
TTM: | -65% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 58% |
1 Year: | -45% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 3% |
3 Years: | 0% |
Last Year: | 5% |
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 | 1.39 | 2.39 | 2.39 | 4.44 | 4.44 | 4.44 | 17.70 | 24.70 | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 |
Reserves | -0.41 | -0.25 | 0.07 | 2.24 | 4.01 | 13.66 | 9.87 | 53.11 | 56.08 | 44.54 | 51.06 | 54.14 | 55.34 |
2.28 | 1.37 | 1.28 | 0.35 | 0.44 | 13.02 | 9.62 | 9.14 | 8.59 | 30.21 | 27.91 | 12.24 | 11.93 | |
1.08 | 1.27 | 1.38 | 6.75 | 10.80 | 36.20 | 29.00 | 39.89 | 21.18 | 26.25 | 23.41 | 18.62 | 18.69 | |
Total Liabilities | 4.34 | 4.78 | 5.12 | 13.78 | 19.69 | 67.32 | 66.19 | 126.84 | 110.95 | 126.10 | 127.48 | 110.10 | 111.06 |
1.11 | 1.13 | 1.18 | 1.19 | 1.33 | 16.31 | 16.46 | 19.21 | 16.84 | 14.95 | 13.43 | 12.05 | 11.46 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.16 | 21.18 | 25.84 | 25.84 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.20 | 3.74 | 3.74 | 3.74 |
3.23 | 3.65 | 3.94 | 12.59 | 18.36 | 51.01 | 49.73 | 107.63 | 94.11 | 93.79 | 89.13 | 68.47 | 70.02 | |
Total Assets | 4.34 | 4.78 | 5.12 | 13.78 | 19.69 | 67.32 | 66.19 | 126.84 | 110.95 | 126.10 | 127.48 | 110.10 | 111.06 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.92 | 0.80 | 0.77 | 3.36 | 6.74 | -33.75 | -2.62 | 1.63 | 11.67 | 21.24 | |
0.00 | 0.00 | -0.19 | -1.59 | -0.87 | -14.87 | -1.93 | -3.18 | 0.03 | -17.36 | -7.66 | -4.55 | |
0.00 | 0.00 | -0.09 | 0.04 | 0.07 | 11.48 | -4.30 | 36.42 | 2.59 | 15.73 | -4.00 | -16.66 | |
Net Cash Flow | 0.00 | 0.00 | 0.65 | -0.74 | -0.03 | -0.02 | 0.50 | -0.51 | 0.00 | 0.00 | 0.00 | 0.03 |
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 | 121.01 | 109.61 | 83.16 | 50.75 | 77.57 | 102.06 | 61.08 | 223.98 | 410.39 | 571.26 | 205.01 | 455.72 |
Inventory Days | 101.39 | 51.79 | 27.04 | 37.76 | 101.74 | 111.11 | 110.76 | 526.09 | 105.61 | 4.13 | 2.15 | |
Days Payable | 73.51 | 61.77 | 10.72 | 70.49 | 106.03 | 75.73 | 140.59 | 356.67 | 347.18 | 561.09 | 225.89 | |
Cash Conversion Cycle | 121.01 | 137.49 | 73.18 | 67.07 | 44.85 | 97.77 | 96.46 | 194.15 | 579.80 | 329.69 | -351.95 | 231.98 |
Working Capital Days | 136.79 | 119.07 | 69.64 | 22.48 | 31.60 | 45.48 | 65.45 | 214.38 | 522.94 | 453.25 | 96.92 | 339.05 |
ROCE % | 38.95% | 5.91% | 12.41% | 42.53% | 36.06% | 72.73% | 43.83% | 27.03% | 1.54% | -9.50% | 9.26% | 6.62% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
7h - Company confirms not a Large Corporate for FY25; SEBI disclosure rules not applicable.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
21 Apr - The details of securities dematerialized and rematerialized during the quarter ended March 31, 2025, as required under Regulation 74(5) of the SEBI (Depositories and Participants) …
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Announcement under Regulation 30 (LODR)-Change in Management
10 Apr - Appointment of new statutory auditors and reappointment of director.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
10 Apr - Appointment of new statutory auditors and reappointment of director.
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Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
10 Apr - Results of Postal Ballot passed by shareholders.
Business Overview:[1][2]
AEAPL is in the business of product design, procurement, turnkey manufacturing, repairs and maintenance, etc. It is an OEM in India focused on providing solutions for all types of LED lighting and allied products.
Company supplies products to OEM partners viz. Bajaj. It also markets its own brand through stockiest, distributors & retailers’ chains in 5 states across 62 distributors. Further, company is also actively pursuing to enter export markets