Artemis Electricals & Projects Ltd
Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]
- Market Cap ₹ 363 Cr.
- Current Price ₹ 14.6
- High / Low ₹ 25.5 / 13.0
- Stock P/E 41.2
- Book Value ₹ 3.81
- Dividend Yield 0.04 %
- ROCE 13.0 %
- ROE 9.71 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 131 days to 56.1 days
Cons
- Stock is trading at 3.82 times its book value
- Company has a low return on equity of 8.20% over last 3 years.
- Company has high debtors of 184 days.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8.91 | 45.31 | 47.24 | 89.48 | 101.77 | 106.92 | 44.95 | 34.33 | 58.22 | 41.36 | 72.35 | 80.56 | 77.08 | |
| 8.34 | 42.88 | 44.13 | 74.45 | 85.47 | 88.90 | 41.53 | 41.44 | 47.17 | 33.63 | 61.19 | 68.11 | 64.65 | |
| Operating Profit | 0.57 | 2.43 | 3.11 | 15.03 | 16.30 | 18.02 | 3.42 | -7.11 | 11.05 | 7.73 | 11.16 | 12.45 | 12.43 |
| OPM % | 6.40% | 5.36% | 6.58% | 16.80% | 16.02% | 16.85% | 7.61% | -20.71% | 18.98% | 18.69% | 15.43% | 15.45% | 16.13% |
| 0.03 | 0.03 | 0.00 | 0.04 | 0.46 | 1.88 | 0.16 | 0.00 | 0.00 | 0.12 | 0.58 | 0.67 | 0.66 | |
| Interest | 0.00 | 0.21 | 0.01 | 0.37 | 0.98 | 1.18 | 0.80 | 5.89 | 1.70 | 0.99 | 0.28 | 0.21 | 0.18 |
| Depreciation | 0.15 | 0.17 | 0.24 | 0.52 | 1.79 | 1.77 | 2.28 | 1.90 | 1.61 | 1.38 | 1.18 | 1.01 | 0.97 |
| Profit before tax | 0.45 | 2.08 | 2.86 | 14.18 | 13.99 | 16.95 | 0.50 | -14.90 | 7.74 | 5.48 | 10.28 | 11.90 | 11.94 |
| Tax % | 28.89% | 25.96% | 38.11% | 32.51% | 27.16% | 26.37% | 68.00% | -21.41% | 15.89% | 25.18% | 25.19% | 25.63% | |
| 0.32 | 1.55 | 1.77 | 9.56 | 10.19 | 12.49 | 0.16 | -11.71 | 6.51 | 4.10 | 7.69 | 8.86 | 8.81 | |
| EPS in Rs | 0.02 | 0.09 | 0.10 | 0.54 | 0.58 | 0.51 | 0.01 | -0.47 | 0.26 | 0.16 | 0.31 | 0.35 | 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: | 6% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 118% |
| 3 Years: | 11% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | -8% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 4% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.39 | 4.44 | 4.44 | 4.44 | 17.70 | 24.70 | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 |
| Reserves | 0.07 | 2.24 | 4.01 | 13.66 | 9.87 | 53.11 | 56.08 | 44.54 | 51.06 | 54.14 | 61.73 | 70.56 |
| 1.28 | 0.35 | 0.44 | 13.02 | 9.62 | 9.14 | 8.59 | 30.21 | 27.91 | 12.24 | 2.47 | 1.71 | |
| 1.38 | 6.75 | 10.80 | 36.20 | 29.00 | 39.89 | 21.18 | 26.25 | 23.41 | 18.62 | 33.01 | 44.68 | |
| Total Liabilities | 5.12 | 13.78 | 19.69 | 67.32 | 66.19 | 126.84 | 110.95 | 126.10 | 127.48 | 110.10 | 122.31 | 142.05 |
| 1.18 | 1.19 | 1.33 | 16.31 | 16.46 | 19.21 | 16.84 | 14.95 | 13.43 | 12.05 | 10.88 | 9.87 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.16 | 21.18 | 25.84 | 55.55 | 55.55 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.20 | 3.74 | 3.74 | 3.74 | 3.74 |
| 3.94 | 12.59 | 18.36 | 51.01 | 49.73 | 107.63 | 94.11 | 93.79 | 89.13 | 68.47 | 52.14 | 72.89 | |
| Total Assets | 5.12 | 13.78 | 19.69 | 67.32 | 66.19 | 126.84 | 110.95 | 126.10 | 127.48 | 110.10 | 122.31 | 142.05 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.92 | 0.80 | 0.77 | 3.36 | 6.74 | -33.75 | -2.62 | 1.63 | 11.67 | 21.24 | 40.61 | 13.62 | |
| -0.19 | -1.59 | -0.87 | -14.87 | -1.93 | -3.18 | 0.03 | -17.36 | -7.66 | -4.55 | -29.15 | 0.42 | |
| -0.09 | 0.04 | 0.07 | 11.48 | -4.30 | 36.42 | 2.59 | 15.73 | -4.00 | -16.66 | -10.17 | -0.97 | |
| Net Cash Flow | 0.65 | -0.74 | -0.03 | -0.02 | 0.50 | -0.51 | 0.00 | 0.00 | 0.00 | 0.03 | 1.29 | 13.06 |
| Free Cash Flow | 0.71 | 0.62 | 0.39 | -12.14 | 4.81 | -36.92 | -2.60 | -12.53 | 4.55 | 16.58 | 10.90 | 13.62 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 167% | 39% | 26% | 23% | 51% | -154% | 39% | -35% | 134% | 269% | 378% | 122% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83.16 | 50.75 | 77.57 | 102.06 | 61.08 | 223.98 | 410.39 | 571.26 | 205.01 | 455.72 | 126.32 | 183.77 |
| Inventory Days | 51.79 | 27.04 | 37.76 | 101.74 | 111.11 | 110.76 | 526.09 | 105.61 | 4.13 | 2.15 | 1.78 | 2.39 |
| Days Payable | 61.77 | 10.72 | 70.49 | 106.03 | 75.73 | 140.59 | 356.67 | 347.18 | 561.09 | 225.89 | 820.29 | 1,323.21 |
| Cash Conversion Cycle | 73.18 | 67.07 | 44.85 | 97.77 | 96.46 | 194.15 | 579.80 | 329.69 | -351.95 | 231.98 | -692.19 | -1,137.05 |
| Working Capital Days | 69.64 | 22.48 | 31.60 | 21.82 | 53.94 | 202.57 | 491.84 | 413.91 | -57.68 | 252.92 | 82.99 | 56.14 |
| ROCE % | 12.41% | 42.53% | 36.06% | 72.73% | 43.83% | 27.03% | 1.54% | -9.50% | 9.26% | 6.62% | 11.68% | 12.97% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Permanent Employees Number of employees |
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| Top Customer (Garuda Construction) Revenue Share % of total revenue from operations |
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| Subcontracting Expenses INR Lakhs |
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| Top Four Customers Revenue INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
- Corporate Action-Board approves Dividend
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., Thursday, October 15, 2026
- Board approved interim dividend of Rs. 0.006 per share; record date October 23, 2026, payment by November 14, 2026.
-
Board Meeting Intimation for Regulation 29 Of The SEBI (Listing Obligations
And Disclosure Requirements) Regulations, 2015
- Board meets on 15 Oct 2026 to consider interim dividend declaration.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026
- Voting Result Of E-Voting In Relation To 17Th Annual General Meeting Of The Company
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
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Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
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Annual Report 2019
from bse
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