Artemis Electricals & Projects Ltd

Artemis Electricals & Projects Ltd

₹ 23.6 -3.00%
21 Nov - 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 592 Cr.
  • Current Price 23.6
  • High / Low 33.5 / 16.5
  • Stock P/E 52.3
  • Book Value 3.62
  • Dividend Yield 0.02 %
  • ROCE 11.6 %
  • ROE 9.19 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 256 to 121 days.

Cons

  • Stock is trading at 6.52 times its book value
  • Company has a low return on equity of 7.65% 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

Consolidated Figures in Rs. Crores / View Standalone

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 0.48 0.49 0.48 0.61 0.35 0.35 0.34 0.35 0.35 0.35 0.29 0.31 0.30
Profit before tax -3.31 3.17 11.51 0.97 1.72 1.82 0.69 0.48 1.02 3.52 5.10 1.84 4.71
Tax % -42.60% 25.87% 22.85% 36.08% 23.84% 25.27% 14.49% 29.17% 26.47% 25.57% 24.51% 28.80% 24.84%
-1.90 2.35 8.88 0.63 1.32 1.37 0.58 0.35 0.75 2.62 3.85 1.31 3.54
EPS in Rs -0.08 0.09 0.35 0.03 0.05 0.05 0.02 0.01 0.03 0.10 0.15 0.05 0.14
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
34 58 41 72 91
41 47 34 61 76
Operating Profit -7 11 8 11 16
OPM % -21% 19% 19% 15% 17%
0 0 0 1 1
Interest 6 2 1 0 0
Depreciation 2 2 2 1 1
Profit before tax -15 7 5 10 15
Tax % -21% 16% 25% 25%
-12 6 4 8 11
EPS in Rs -0.48 0.25 0.16 0.30 0.44
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: 179%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 38%
TTM: 271%
Stock Price CAGR
10 Years: %
5 Years: 33%
3 Years: 61%
1 Year: -12%
Return on Equity
10 Years: %
5 Years: %
3 Years: 8%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 25 25 25 25 25
Reserves 44 51 53 61 66
30 28 12 2 2
28 24 19 33 43
Total Liabilities 127 128 110 122 136
19 17 16 14 14
CWIP 14 21 26 56 56
Investments 0 0 0 0 0
95 89 69 52 67
Total Assets 127 128 110 122 136

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
2 12 21 41
-17 -8 -5 -30
16 -4 -17 -10
Net Cash Flow 0 0 0 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 571 199 447 121
Inventory Days 113 19 9 15
Days Payable 347 561 226 820
Cash Conversion Cycle 337 -343 230 -684
Working Capital Days 401 -66 242 77
ROCE % 9% 6% 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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