Artemis Electricals & Projects Ltd

Artemis Electricals & Projects Ltd

₹ 21.9 -0.27%
05 Dec - close price
About

Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]

Key Points

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

  • Market Cap 550 Cr.
  • Current Price 21.9
  • High / Low 33.5 / 16.5
  • Stock P/E 47.8
  • Book Value 3.65
  • 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 5.99 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
1.53 20.75 30.98 11.36 13.57 13.97 2.46 12.38 4.02 18.45 37.49 19.75 15.80
1.09 15.86 24.72 9.60 11.08 11.50 1.45 11.58 2.66 14.51 32.43 17.54 11.08
Operating Profit 0.44 4.89 6.26 1.76 2.49 2.47 1.01 0.80 1.36 3.94 5.06 2.21 4.72
OPM % 28.76% 23.57% 20.21% 15.49% 18.35% 17.68% 41.06% 6.46% 33.83% 21.36% 13.50% 11.19% 29.87%
0.00 0.00 0.00 0.00 0.00 0.00 0.12 0.11 0.08 0.00 0.39 0.00 0.34
Interest 3.27 1.23 -5.73 0.18 0.42 0.30 0.10 0.08 0.07 0.07 0.06 0.06 0.05
Depreciation 0.40 0.41 0.40 0.34 0.35 0.35 0.34 0.29 0.30 0.30 0.29 0.25 0.25
Profit before tax -3.23 3.25 11.59 1.24 1.72 1.82 0.69 0.54 1.07 3.57 5.10 1.90 4.76
Tax % -43.03% 25.23% 23.04% 28.23% 23.84% 25.27% 24.64% 25.93% 25.23% 23.25% 25.49% 27.89% 25.00%
-1.84 2.43 8.92 0.90 1.32 1.37 0.52 0.40 0.80 2.75 3.81 1.37 3.56
EPS in Rs -0.07 0.10 0.36 0.04 0.05 0.05 0.02 0.02 0.03 0.11 0.15 0.05 0.14
Raw PDF

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
7 9 45 47 89 102 107 45 34 58 41 72 91
6 8 43 44 74 85 89 42 41 47 34 61 76
Operating Profit 0 1 2 3 15 16 18 3 -7 11 8 11 16
OPM % 5% 6% 5% 7% 17% 16% 17% 8% -21% 19% 19% 15% 17%
0 0 0 0 0 0 2 0 0 0 0 1 1
Interest 0 0 0 0 0 1 1 1 6 2 1 0 0
Depreciation 0 0 0 0 1 2 2 2 2 2 1 1 1
Profit before tax 0 0 2 3 14 14 17 0 -15 8 5 10 15
Tax % 21% 29% 26% 38% 33% 27% 26% 68% -21% 16% 25% 25%
0 0 2 2 10 10 12 0 -12 7 4 8 11
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 0.45
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 23%
5 Years: -8%
3 Years: 28%
TTM: 179%
Compounded Profit Growth
10 Years: 37%
5 Years: -8%
3 Years: 39%
TTM: 272%
Stock Price CAGR
10 Years: %
5 Years: 32%
3 Years: 58%
1 Year: -26%
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 Sep 2025
Equity Capital 2 2 4 4 4 18 25 25 25 25 25 25 25
Reserves -0 0 2 4 14 10 53 56 45 51 54 62 67
1 1 0 0 13 10 9 9 30 28 12 2 2
1 1 7 11 36 29 40 21 26 23 19 33 42
Total Liabilities 5 5 14 20 67 66 127 111 126 127 110 122 136
1 1 1 1 16 16 19 17 15 13 12 11 10
CWIP 0 0 0 0 0 0 0 0 14 21 26 56 56
Investments 0 0 0 0 0 0 0 0 3 4 4 4 4
4 4 13 18 51 50 108 94 94 89 68 52 67
Total Assets 5 5 14 20 67 66 127 111 126 127 110 122 136

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 1 1 1 3 7 -34 -3 2 12 21 41
0 -0 -2 -1 -15 -2 -3 0 -17 -8 -5 -30
0 -0 0 0 11 -4 36 3 16 -4 -17 -10
Net Cash Flow 0 1 -1 -0 -0 0 -1 0 0 0 0 1

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 110 83 51 78 102 61 224 410 571 205 456 126
Inventory Days 101 52 27 38 102 111 111 526 106 4 2 2
Days Payable 74 62 11 70 106 76 141 357 347 561 226 820
Cash Conversion Cycle 137 73 67 45 98 96 194 580 330 -352 232 -692
Working Capital Days 119 70 22 32 22 54 203 492 414 -58 253 83
ROCE % 6% 12% 43% 36% 73% 44% 27% 2% -10% 9% 7% 12%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
72.22% 72.22% 72.22% 72.41% 72.45% 72.45% 72.45% 72.45% 72.45% 72.45% 72.45% 72.45%
0.30% 0.30% 0.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
27.48% 27.49% 27.51% 27.59% 27.56% 27.54% 27.55% 27.55% 27.55% 27.55% 27.55% 27.55%
No. of Shareholders 1,3081,6462,3137,75117,01220,18919,70819,78920,87621,01220,73919,838

* 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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