Artemis Electricals & Projects Ltd
Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]
- Market Cap ₹ 624 Cr.
- Current Price ₹ 24.9
- High / Low ₹ 33.8 / 16.5
- Stock P/E 82.6
- Book Value ₹ 3.42
- 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.
- Company's working capital requirements have reduced from 166 days to 80.5 days
Cons
- Stock is trading at 7.26 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
34.33 | 58.22 | 41.36 | 72.35 | |
41.48 | 47.18 | 33.63 | 61.19 | |
Operating Profit | -7.15 | 11.04 | 7.73 | 11.16 |
OPM % | -20.83% | 18.96% | 18.69% | 15.43% |
0.00 | 0.00 | 0.12 | 0.58 | |
Interest | 5.89 | 1.70 | 0.99 | 0.28 |
Depreciation | 2.27 | 1.92 | 1.64 | 1.34 |
Profit before tax | -15.31 | 7.42 | 5.22 | 10.12 |
Tax % | -21.49% | 15.50% | 25.10% | 25.20% |
-12.02 | 6.28 | 3.90 | 7.56 | |
EPS in Rs | -0.48 | 0.25 | 0.16 | 0.30 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 28% |
TTM: | 75% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 38% |
TTM: | 94% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 70% |
1 Year: | -21% |
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 | |
---|---|---|---|---|
Equity Capital | 25.10 | 25.10 | 25.10 | 25.10 |
Reserves | 44.23 | 50.51 | 53.40 | 60.86 |
30.21 | 27.91 | 12.24 | 2.48 | |
27.94 | 24.11 | 19.32 | 33.09 | |
Total Liabilities | 127.48 | 127.63 | 110.06 | 121.53 |
18.60 | 17.32 | 15.68 | 14.33 | |
CWIP | 14.16 | 21.18 | 25.84 | 55.55 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 |
94.72 | 89.13 | 68.54 | 51.65 | |
Total Assets | 127.48 | 127.63 | 110.06 | 121.53 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
1.63 | 11.67 | 21.35 | ||
-17.36 | -7.66 | -4.67 | ||
15.73 | -4.00 | -16.66 | ||
Net Cash Flow | 0.00 | 0.00 | 0.03 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Debtor Days | 571.26 | 198.80 | 446.90 | 121.33 |
Inventory Days | 112.70 | 18.92 | 8.77 | 14.51 |
Days Payable | 347.18 | 561.09 | 225.89 | 820.29 |
Cash Conversion Cycle | 336.78 | -343.37 | 229.77 | -684.45 |
Working Capital Days | 439.96 | 89.09 | 328.02 | 80.47 |
ROCE % | 8.98% | 6.39% | 11.61% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Annual Secretarial Compliance Report submitted for year ended 31 March 2025.
- Outcome Of Board Meeting Held On 28" May, 2025 28 May
-
Integrated Filing (Financial)
28 May - Approved audited financial results for FY ended 31 Mar 2025; lithium-ion plant commissioning planned Sep 2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th May, 2025
28 May - Audited financial results for year ended March 2025; lithium-ion plant contract with related party, commissioning by Sept 2025.
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