Artemis Electricals & Projects Ltd
Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]
- Market Cap ₹ 516 Cr.
- Current Price ₹ 20.6
- High / Low ₹ 28.5 / 16.5
- Stock P/E 45.6
- 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 5.69 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 | 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: | 27% |
| 3 Years: | 40% |
| 1 Year: | -24% |
| 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% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Directorate
29 Dec - Mr. Krishnakumar Laxman Bangera ceased as Independent Director effective 30 Nov 2025 after completing second term.
- Closure of Trading Window 29 Dec
-
Disclosure under Regulation 30A of LODR
15 Nov 2025 - Newspaper ad for standalone and consolidated unaudited results for quarter and half-year ended 30 Sep 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov 2025 - Copies of the newspaper advertisement pertaining to Standalone and Consolidated unaudited Financial Result for the Quarter ended on 30th September 2025. The advertisements were published …
- Results- Financial Results For The Quarter And Half Year Ended On September 30, 2025 12 Nov 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