Artemis Electricals & Projects Ltd
Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]
- Market Cap ₹ 654 Cr.
- Current Price ₹ 26.0
- High / Low ₹ 33.5 / 16.5
- Stock P/E 74.9
- Book Value ₹ 3.46
- Dividend Yield 0.02 %
- ROCE 11.7 %
- ROE 9.26 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 262 to 126 days.
Cons
- Stock is trading at 7.53 times its book value
- Company has a low return on equity of 7.83% over last 3 years.
* 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.56 | 8.91 | 45.31 | 47.24 | 89.48 | 101.77 | 106.92 | 44.95 | 34.33 | 58.22 | 41.36 | 72.35 | 79.71 | |
6.23 | 8.34 | 42.88 | 44.13 | 74.45 | 85.47 | 88.90 | 41.53 | 41.44 | 47.17 | 33.63 | 61.19 | 67.14 | |
Operating Profit | 0.33 | 0.57 | 2.43 | 3.11 | 15.03 | 16.30 | 18.02 | 3.42 | -7.11 | 11.05 | 7.73 | 11.16 | 12.57 |
OPM % | 5.03% | 6.40% | 5.36% | 6.58% | 16.80% | 16.02% | 16.85% | 7.61% | -20.71% | 18.98% | 18.69% | 15.43% | 15.77% |
0.02 | 0.03 | 0.03 | 0.00 | 0.04 | 0.46 | 1.88 | 0.16 | 0.00 | 0.00 | 0.12 | 0.58 | 0.47 | |
Interest | 0.01 | 0.00 | 0.21 | 0.01 | 0.37 | 0.98 | 1.18 | 0.80 | 5.89 | 1.70 | 0.99 | 0.28 | 0.26 |
Depreciation | 0.15 | 0.15 | 0.17 | 0.24 | 0.52 | 1.79 | 1.77 | 2.28 | 1.90 | 1.61 | 1.38 | 1.18 | 1.14 |
Profit before tax | 0.19 | 0.45 | 2.08 | 2.86 | 14.18 | 13.99 | 16.95 | 0.50 | -14.90 | 7.74 | 5.48 | 10.28 | 11.64 |
Tax % | 21.05% | 28.89% | 25.96% | 38.11% | 32.51% | 27.16% | 26.37% | 68.00% | -21.41% | 15.89% | 25.18% | 25.19% | |
0.16 | 0.32 | 1.55 | 1.77 | 9.56 | 10.19 | 12.49 | 0.16 | -11.71 | 6.51 | 4.10 | 7.69 | 8.73 | |
EPS in Rs | 0.07 | 0.13 | 0.35 | 0.40 | 2.15 | 0.58 | 0.51 | 0.01 | -0.47 | 0.26 | 0.16 | 0.31 | 0.34 |
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: | 23% |
5 Years: | -8% |
3 Years: | 28% |
TTM: | 88% |
Compounded Profit Growth | |
---|---|
10 Years: | 37% |
5 Years: | -8% |
3 Years: | 39% |
TTM: | 142% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 69% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 2% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 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 | -0.25 | 0.07 | 2.24 | 4.01 | 13.66 | 9.87 | 53.11 | 56.08 | 44.54 | 51.06 | 54.14 | 61.73 |
1.37 | 1.28 | 0.35 | 0.44 | 13.02 | 9.62 | 9.14 | 8.59 | 30.21 | 27.91 | 12.24 | 2.48 | |
1.27 | 1.38 | 6.75 | 10.80 | 36.20 | 29.00 | 39.89 | 21.18 | 26.25 | 23.41 | 18.62 | 32.39 | |
Total Liabilities | 4.78 | 5.12 | 13.78 | 19.69 | 67.32 | 66.19 | 126.84 | 110.95 | 126.10 | 127.48 | 110.10 | 121.70 |
1.13 | 1.18 | 1.19 | 1.33 | 16.31 | 16.46 | 19.21 | 16.84 | 14.95 | 13.43 | 12.05 | 10.87 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.16 | 21.18 | 25.84 | 55.55 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.20 | 3.74 | 3.74 | 3.74 |
3.65 | 3.94 | 12.59 | 18.36 | 51.01 | 49.73 | 107.63 | 94.11 | 93.79 | 89.13 | 68.47 | 51.54 | |
Total Assets | 4.78 | 5.12 | 13.78 | 19.69 | 67.32 | 66.19 | 126.84 | 110.95 | 126.10 | 127.48 | 110.10 | 121.70 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.92 | 0.80 | 0.77 | 3.36 | 6.74 | -33.75 | -2.62 | 1.63 | 11.67 | 21.24 | 41.19 | |
0.00 | -0.19 | -1.59 | -0.87 | -14.87 | -1.93 | -3.18 | 0.03 | -17.36 | -7.66 | -4.55 | -29.73 | |
0.00 | -0.09 | 0.04 | 0.07 | 11.48 | -4.30 | 36.42 | 2.59 | 15.73 | -4.00 | -16.66 | -10.17 | |
Net Cash Flow | 0.00 | 0.65 | -0.74 | -0.03 | -0.02 | 0.50 | -0.51 | 0.00 | 0.00 | 0.00 | 0.03 | 1.29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 109.61 | 83.16 | 50.75 | 77.57 | 102.06 | 61.08 | 223.98 | 410.39 | 571.26 | 205.01 | 455.72 | 126.32 |
Inventory Days | 101.39 | 51.79 | 27.04 | 37.76 | 101.74 | 111.11 | 110.76 | 526.09 | 105.61 | 4.13 | 2.15 | 1.78 |
Days Payable | 73.51 | 61.77 | 10.72 | 70.49 | 106.03 | 75.73 | 140.59 | 356.67 | 347.18 | 561.09 | 225.89 | 820.29 |
Cash Conversion Cycle | 137.49 | 73.18 | 67.07 | 44.85 | 97.77 | 96.46 | 194.15 | 579.80 | 329.69 | -351.95 | 231.98 | -692.19 |
Working Capital Days | 119.07 | 69.64 | 22.48 | 31.60 | 21.82 | 53.94 | 202.57 | 491.84 | 413.91 | -57.68 | 252.92 | 82.89 |
ROCE % | 5.91% | 12.41% | 42.53% | 36.06% | 72.73% | 43.83% | 27.03% | 1.54% | -9.50% | 9.26% | 6.62% | 11.68% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Aug - Copies of the newspaper advertisement pertaining to Standalone and Consolidated Unaudited Financial Result for the Quarter ended on 30t June 2025. The advertisements were published …
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Announcement under Regulation 30 (LODR)-Change in Management
14 Aug - Approved Q1 FY2025 unaudited results; appointed Sweta Ajit Pawar as internal auditor for FY2025-26.
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Integrated Filing- Financials For The Quarter Ended June 30, 2025
14 Aug - Q1 FY26 unaudited financial results approved; lithium-ion plant commissioning planned by March 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 14™ August, 2025
14 Aug - Q1 FY26 unaudited financial results approved; internal auditor appointed; lithium-ion plant commissioning planned March 2026.
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Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Thursday, August 14, 2025
11 Aug - Board meeting on Aug 14 to approve Q1 June 30, 2025 un-audited financial results.
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