Australian Premium Solar (India) Ltd
Incorporated in 2013, Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar panelmodules and provides engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications.[1]
- Market Cap ₹ 1,051 Cr.
- Current Price ₹ 533
- High / Low ₹ 670 / 140
- Stock P/E 63.1
- Book Value ₹ 31.0
- Dividend Yield 0.00 %
- ROCE 22.3 %
- ROE 19.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 17.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 29.4 to 40.2 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 50 | 74 | 98 | 95 | 150 | 232 | |
| 47 | 70 | 93 | 89 | 141 | 208 | |
| Operating Profit | 3 | 4 | 5 | 6 | 9 | 24 |
| OPM % | 5% | 5% | 5% | 6% | 6% | 10% |
| 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 3 |
| Profit before tax | 2 | 2 | 4 | 5 | 8 | 22 |
| Tax % | 27% | 25% | 26% | 28% | 25% | |
| 1 | 2 | 3 | 3 | 6 | 17 | |
| EPS in Rs | 610.00 | 900.00 | 1,350.00 | 1,650.00 | 3.12 | 8.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 81% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| TTM: | 291% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.02 | 0.02 | 20 | 20 |
| Reserves | 7 | 8 | 11 | 15 | 28 | 41 |
| 1 | 3 | 3 | 2 | 10 | 9 | |
| 18 | 23 | 21 | 22 | 23 | 46 | |
| Total Liabilities | 26 | 35 | 35 | 39 | 80 | 116 |
| 5 | 8 | 7 | 7 | 19 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 1 | 0 | 0 | 0 |
| 21 | 26 | 27 | 32 | 61 | 96 | |
| Total Assets | 26 | 35 | 35 | 39 | 80 | 116 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 5 | 3 | 3 | -5 | ||
| -6 | -1 | -3 | -13 | ||
| 2 | -1 | -1 | 35 | ||
| Net Cash Flow | 1 | 2 | -1 | 16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 36 | 14 | 11 | 37 | 40 |
| Inventory Days | 48 | 51 | 30 | 22 | 12 |
| Days Payable | 141 | 118 | 67 | 88 | 48 |
| Cash Conversion Cycle | -57 | -53 | -26 | -29 | 5 |
| Working Capital Days | 18 | 4 | 10 | 23 | 47 |
| ROCE % | 28% | 31% | 33% | 22% |
Documents
Announcements
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Preferential issue
12 December 2024 - APS: Australian Premium Solar (India) Limited has informed about Preferential issue
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Outcome of Board Meeting
12 December 2024 - Premium Solar (India) Limited has informed regarding Board meeting held on December 12, 2024.
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Updates
10 December 2024 - Premium Solar (India) Limited has informed regarding 'our Company has received New Purchase Orders of total Rs. 56,52,60,500 /- from client Companies for supply of …
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Updates
9 December 2024 - Premium Solar (India) Limited has informed regarding 'Company has received New Purchase Orders of total Rs. 36,43,75,937/- from client Companies for supply of APS Solar …
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Trading Window-XBRL
6 December 2024 - AUSTRALIAN PREMIUM SOLAR (INDIA) LIMITED has informed about Closure of Trading Window
Annual reports
Concalls
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Oct 2024Transcript PPT REC
Business Division[1]
The company manufactures two types of solar panels:
A) Monocrystalline solar panels: The solar cells used in monocrystalline solar panels are more efficient and have a darker, uniform appearance due to their monocrystalline structure, allowing the busbars (copper-coated thin ribbons) to be placed more strategically without significantly detracting from the appearance.