Aplab Ltd

Aplab Ltd

₹ 62.7 2.89%
29 Sep 4:01 p.m.
About

Incorporated in 1962, APLAB Limited is engaged in the manufacturing & marketing of professional electronic equipment business.

Key Points

Product & Services:[1]
a) Test and Measurement Instruments (T&M)
b) Power Conversion & Controls (PCC)
c) Power Supply Equipment (PE) and Ups System
d) Banking and Retail Automation (BA)
e) Cable Fault Locating Instruments (CFS)
f) High Power DC System
g) Design & Manufacturing Services
h) Power Energy Saver
i) Laboratory Instruments
j) Recently, the company has also diversified into Solar Power Equipment business.

  • Market Cap 62.7 Cr.
  • Current Price 62.7
  • High / Low 77.0 / 19.0
  • Stock P/E 12.4
  • Book Value -19.8
  • Dividend Yield 0.00 %
  • ROCE 21.6 %
  • ROE %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 3.99% over last quarter.
  • Company's working capital requirements have reduced from 90.9 days to 54.2 days

Cons

  • The company has delivered a poor sales growth of -3.35% over past five years.
  • Company has high debtors of 188 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
7.03 10.92 14.68 20.38 9.10 10.95 14.85 16.46 10.89 10.56 11.54 18.49 9.11
6.22 9.48 13.55 18.84 8.86 12.27 12.95 10.97 12.12 11.49 10.54 11.27 8.34
Operating Profit 0.81 1.44 1.13 1.54 0.24 -1.32 1.90 5.49 -1.23 -0.93 1.00 7.22 0.77
OPM % 11.52% 13.19% 7.70% 7.56% 2.64% -12.05% 12.79% 33.35% -11.29% -8.81% 8.67% 39.05% 8.45%
0.05 0.07 0.05 1.16 0.05 0.09 0.11 -1.34 -1.44 0.07 -0.41 0.06 0.06
Interest 1.52 1.67 1.58 1.49 1.55 1.29 1.13 0.70 0.67 0.66 0.75 0.93 0.67
Depreciation 0.11 0.10 0.07 0.10 0.10 0.10 0.09 0.08 0.12 0.12 0.12 0.08 0.14
Profit before tax -0.77 -0.26 -0.47 1.11 -1.36 -2.62 0.79 3.37 -3.46 -1.64 -0.28 6.27 0.02
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.77 -0.26 -0.47 1.11 -1.35 -2.62 0.78 3.37 -3.46 -1.64 -0.28 6.27 0.02
EPS in Rs -0.77 -0.26 -0.47 1.11 -1.35 -2.62 0.78 3.37 -3.46 -1.64 -0.28 6.27 0.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
95.63 71.53 94.86 74.18 70.89 72.04 61.03 53.19 51.47 53.02 51.36 51.48 49.70
84.82 66.40 82.20 76.93 76.44 74.36 65.02 55.68 47.45 47.75 44.42 45.27 41.64
Operating Profit 10.81 5.13 12.66 -2.75 -5.55 -2.32 -3.99 -2.49 4.02 5.27 6.94 6.21 8.06
OPM % 11.30% 7.17% 13.35% -3.71% -7.83% -3.22% -6.54% -4.68% 7.81% 9.94% 13.51% 12.06% 16.22%
1.07 2.27 0.93 0.71 0.82 1.55 0.38 18.50 3.42 1.32 -1.08 -1.72 -0.22
Interest 8.84 8.96 10.22 10.63 11.24 11.21 10.82 8.06 6.21 6.60 5.31 3.84 3.01
Depreciation 2.32 2.14 2.78 1.76 1.62 1.56 1.44 1.29 1.02 0.38 0.38 0.45 0.46
Profit before tax 0.72 -3.70 0.59 -14.43 -17.59 -13.54 -15.87 6.66 0.21 -0.39 0.17 0.20 4.37
Tax % 0.00% 0.54% 0.00% 0.00% 0.00% 0.00% 0.00% 18.77% 0.00% 0.00% 0.00% 0.00%
0.72 -3.67 0.59 -14.43 -17.59 -13.54 -15.87 5.41 0.21 -0.39 0.17 0.20 4.37
EPS in Rs 0.72 -3.67 0.59 -14.43 -17.59 -13.54 -15.87 5.41 0.21 -0.39 0.17 0.20 4.37
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: -3%
5 Years: -3%
3 Years: 0%
TTM: -6%
Compounded Profit Growth
10 Years: 10%
5 Years: 17%
3 Years: 41%
TTM: 406%
Stock Price CAGR
10 Years: 14%
5 Years: 37%
3 Years: 72%
1 Year: 175%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 10.00 10.00
Reserves 21.62 21.26 21.84 7.02 -10.57 -23.03 -37.54 -31.64 -31.38 -31.08 -30.76 -29.81
61.33 70.34 74.85 72.78 71.71 66.30 70.28 70.20 71.36 71.71 47.62 50.24
31.55 35.03 48.83 42.05 65.49 70.61 68.55 59.67 48.54 43.90 39.54 45.08
Total Liabilities 119.50 131.63 150.52 126.85 131.63 118.88 106.29 103.23 93.52 89.53 66.40 75.51
25.34 59.13 57.68 55.04 53.33 51.61 16.78 4.26 3.70 3.47 6.54 7.37
CWIP 0.00 1.64 0.00 0.00 0.00 0.35 0.82 2.35 3.59 3.88 1.08 0.00
Investments 2.32 2.26 2.26 0.07 0.07 0.02 0.02 0.02 0.02 0.02 0.02 0.02
91.84 68.60 90.58 71.74 78.23 66.90 88.67 96.60 86.21 82.16 58.76 68.12
Total Assets 119.50 131.63 150.52 126.85 131.63 118.88 106.29 103.23 93.52 89.53 66.40 75.51

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-4.53 -12.31 -9.37 -3.64 -5.70 4.45 -27.50 2.32 -23.38 -1.02 18.73 -2.99
-1.71 -3.15 0.20 2.68 0.07 -0.42 -1.57 20.69 31.67 -0.25 -0.38 0.02
6.26 16.00 6.53 -1.67 12.05 -7.16 30.06 -23.37 -8.33 0.35 -19.10 2.62
Net Cash Flow 0.02 0.54 -2.64 -2.63 6.43 -3.13 0.99 -0.36 -0.03 -0.92 -0.75 -0.35

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 75.57 67.76 109.66 90.00 102.77 88.92 36.42 131.89 134.24 104.71 124.51 188.03
Inventory Days 361.36 484.26 288.61 275.19 152.39 102.72 168.84 184.91 301.69 243.23 300.66 285.14
Days Payable 138.72 154.91 198.46 103.01 192.21 18.98 156.27 152.70 164.50 167.18 129.08 194.05
Cash Conversion Cycle 298.21 397.12 199.81 262.18 62.95 172.66 48.99 164.11 271.42 180.76 296.09 279.12
Working Capital Days 150.38 158.59 104.54 136.44 -56.89 -126.67 165.25 205.04 177.07 173.62 44.84 54.17
ROCE % 11.60% 5.47% 11.00% -4.08% -8.40% -4.91% -11.74% -8.51% 7.41% 13.71% 18.98% 21.64%

Shareholding Pattern

Numbers in percentages

Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
58.56% 49.06% 49.06% 49.06% 59.29% 59.29% 59.29% 59.29% 59.29% 59.29% 59.29% 63.28%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.44% 0.00% 0.00% 0.00%
0.05% 0.05% 0.05% 0.05% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
41.40% 50.90% 50.90% 50.90% 40.69% 40.69% 40.69% 40.69% 39.25% 40.70% 40.69% 36.70%
No. of Shareholders 3,8143,8223,9024,1254,3284,4524,5174,4564,5494,7454,5364,381

* 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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