Artemis Electricals & Projects Ltd
Incorporated in 2009, Artemis Electricals and Projects Ltd maufectures LED lights and deals in work contracts[1]
- Market Cap ₹ 414 Cr.
- Current Price ₹ 16.5
- High / Low ₹ 28.0 / 13.0
- Stock P/E 47.6
- Book Value ₹ 3.77
- Dividend Yield 0.03 %
- ROCE 12.9 %
- ROE 9.65 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 249 to 179 days.
- Company's working capital requirements have reduced from 121 days to 45.7 days
Cons
- Stock is trading at 4.41 times its book value
- Company has a low return on equity of 8.08% over last 3 years.
- Company has high debtors of 179 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 34.33 | 58.22 | 41.36 | 72.35 | 80.56 | |
| 41.48 | 47.18 | 33.63 | 61.19 | 68.11 | |
| Operating Profit | -7.15 | 11.04 | 7.73 | 11.16 | 12.45 |
| OPM % | -20.83% | 18.96% | 18.69% | 15.43% | 15.45% |
| -0.00 | -0.00 | 0.12 | 0.58 | 0.67 | |
| Interest | 5.89 | 1.70 | 0.99 | 0.28 | 0.21 |
| Depreciation | 2.27 | 1.92 | 1.64 | 1.34 | 1.20 |
| Profit before tax | -15.31 | 7.42 | 5.22 | 10.12 | 11.71 |
| Tax % | -21.49% | 15.50% | 25.10% | 25.20% | 25.62% |
| -12.02 | 6.28 | 3.90 | 7.56 | 8.71 | |
| EPS in Rs | -0.48 | 0.25 | 0.16 | 0.30 | 0.35 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 3% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 |
| Reserves | 44.23 | 50.51 | 53.40 | 60.86 | 69.55 |
| 30.21 | 27.91 | 12.24 | 2.47 | 1.71 | |
| 27.94 | 24.11 | 19.32 | 33.29 | 45.90 | |
| Total Liabilities | 127.48 | 127.63 | 110.06 | 121.72 | 142.26 |
| 18.60 | 17.32 | 15.68 | 14.34 | 13.14 | |
| CWIP | 14.16 | 21.18 | 25.84 | 55.55 | 56.54 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| 94.72 | 89.13 | 68.54 | 51.83 | 72.58 | |
| Total Assets | 127.48 | 127.63 | 110.06 | 121.72 | 142.26 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 1.63 | 11.67 | 21.24 | 41.19 | 15.02 | |
| -17.36 | -7.66 | -4.55 | -29.73 | -0.98 | |
| 15.73 | -4.00 | -16.66 | -10.17 | -0.97 | |
| Net Cash Flow | -0.00 | -0.00 | 0.03 | 1.29 | 13.06 |
| Free Cash Flow | -12.53 | 4.55 | 16.59 | 11.48 | 14.02 |
| CFO/OP | -34% | 134% | 269% | 384% | 133% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 571.26 | 198.80 | 446.90 | 121.33 | 179.28 |
| Inventory Days | 112.70 | 18.92 | 8.77 | 14.51 | 17.40 |
| Days Payable | 347.18 | 561.09 | 225.89 | 820.29 | 1,323.21 |
| Cash Conversion Cycle | 336.78 | -343.37 | 229.77 | -684.45 | -1,126.53 |
| Working Capital Days | 400.62 | -65.51 | 241.89 | 76.58 | 45.72 |
| ROCE % | 8.98% | 6.39% | 11.61% | 12.90% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number ・Standalone data |
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| Work Contract Income Proportion Rs. Lakhs |
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| Lithium-Ion Battery Plant Capital WIP Rs. Lakhs ・Includes some standalone data |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for year ended 31 March 2026; minor filing delays and BSE fines reported.
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Outcome Of Board Meeting Held On 30Th May, 2026 Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
30 May - Board appointed M/s Ketan Vyas & Company as Secretarial Auditor for FY2025-26; Ms. Aakruti Somani resigned.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper Advertisement publication of Standalone and Consolidated Audited Financial Results for the Quarter and Year ended 31st March, 2026.
- Outcome Of Board Meeting Held On 28 May, 2026. 28 May
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Board Meeting Outcome for Outcome Of Board Meeting Held On 28 May, 2026.
28 May - Board approved audited standalone and consolidated FY26 results; lithium-ion plant commissioning envisaged by March 2027.
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