Aptech Ltd

Aptech Ltd

₹ 240 3.19%
16 Apr - close price
About

Aptech Ltd. is a pioneer in the non-formal education and training business in the country with a significant global presence.
It was established in 1986 and has 800 centers. It has a presence in diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and pre-school segment amongst others. It has successfully trained students, professionals, universities & corporates through its two main streams of business - Individual Training and Enterprise Business Group [1]

Key Points

Revenue Segments FY22:

  • Market Cap 1,390 Cr.
  • Current Price 240
  • High / Low 423 / 201
  • Stock P/E 22.1
  • Book Value 43.4
  • Dividend Yield 1.79 %
  • ROCE 35.1 %
  • ROE 29.0 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 27.1% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 51.0%
  • Debtor days have improved from 116 to 44.6 days.
  • Company's working capital requirements have reduced from 96.4 days to 18.8 days

Cons

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
25.91 32.82 19.59 33.94 79.36 64.74 56.00 105.00 117.46 178.46 122.78 109.32 100.64
16.13 26.68 19.09 24.24 62.05 55.05 52.27 90.65 94.79 143.48 108.90 95.72 91.55
Operating Profit 9.78 6.14 0.50 9.70 17.31 9.69 3.73 14.35 22.67 34.98 13.88 13.60 9.09
OPM % 37.75% 18.71% 2.55% 28.58% 21.81% 14.97% 6.66% 13.67% 19.30% 19.60% 11.30% 12.44% 9.03%
1.33 2.69 1.32 7.12 2.19 2.26 1.94 5.38 2.83 3.01 -0.49 4.85 2.44
Interest 0.34 0.05 0.05 0.02 0.03 0.05 0.00 0.00 0.00 0.13 0.30 0.44 0.31
Depreciation 1.94 2.86 1.59 1.49 1.89 1.82 1.66 1.64 1.47 1.73 1.86 1.99 2.12
Profit before tax 8.83 5.92 0.18 15.31 17.58 10.08 4.01 18.09 24.03 36.13 11.23 16.02 9.10
Tax % 18.12% -64.02% 194.44% 26.13% 27.47% -153.47% 25.19% 25.10% 26.09% 7.67% 27.78% 28.65% 25.71%
7.23 9.71 -0.18 11.31 12.75 25.55 3.01 13.55 17.77 33.35 8.11 11.43 6.75
EPS in Rs 1.27 1.71 -0.03 1.98 2.21 4.41 0.52 2.34 3.06 5.75 1.40 1.97 1.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
174 172 177 170 162 212 228 207 158 118 225 456 511
150 142 146 145 142 183 200 177 132 102 184 380 440
Operating Profit 24 29 31 25 20 29 28 29 26 16 41 76 72
OPM % 14% 17% 18% 15% 13% 14% 12% 14% 16% 13% 18% 17% 14%
62 19 13 5 4 4 21 4 5 8 11 13 10
Interest 0 1 1 1 1 0 0 0 1 2 0 1 1
Depreciation 10 9 8 10 10 11 11 11 9 12 8 6 8
Profit before tax 76 39 36 19 13 23 37 22 21 9 43 82 72
Tax % 1% 19% 16% 18% 21% 15% 10% 19% 36% -40% -14% 18%
75 31 30 16 10 19 33 18 14 12 49 68 60
EPS in Rs 11.13 4.58 5.32 2.80 1.82 3.45 5.88 3.26 2.40 2.15 8.54 11.67 10.28
Dividend Payout % 19% 62% 60% 83% 39% 62% 42% 77% 134% 75% 42% 37%
Compounded Sales Growth
10 Years: 10%
5 Years: 15%
3 Years: 42%
TTM: 49%
Compounded Profit Growth
10 Years: 11%
5 Years: 27%
3 Years: 71%
TTM: 5%
Stock Price CAGR
10 Years: 16%
5 Years: 15%
3 Years: 19%
1 Year: -22%
Return on Equity
10 Years: 11%
5 Years: 14%
3 Years: 20%
Last Year: 29%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 49 49 40 40 40 40 40 40 40 41 41 41 58
Reserves 284 292 185 183 189 208 239 239 219 126 169 215 193
0 0 0 0 0 0 0 0 28 2 0 7 21
43 54 43 37 31 39 45 52 54 56 101 218 176
Total Liabilities 375 395 268 260 260 286 324 330 341 224 311 481 448
98 95 32 32 29 33 28 28 29 20 19 23 28
CWIP 3 3 1 2 3 3 3 2 1 1 1 3 0
Investments 113 111 111 111 111 127 138 132 132 24 23 23 23
162 186 123 115 116 124 155 168 180 179 269 433 398
Total Assets 375 395 268 260 260 286 324 330 341 224 311 481 448

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
13 25 11 17 14 29 12 14 -10 41 45 99
-42 -24 46 -21 -14 -24 2 0 22 -6 -1 -54
0 -0 -60 -1 -0 -0 -14 -17 -18 -24 -6 -21
Net Cash Flow -29 1 -4 -4 1 5 -0 -3 -6 11 38 24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 50 56 68 72 91 72 99 122 171 185 118 45
Inventory Days
Days Payable
Cash Conversion Cycle 50 56 68 72 91 72 99 122 171 185 118 45
Working Capital Days -6 -22 12 18 37 37 68 85 188 190 81 19
ROCE % 25% 9% 13% 9% 6% 10% 8% 8% 8% 5% 23% 35%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
48.48% 48.42% 48.37% 47.78% 47.69% 47.66% 47.41% 47.39% 47.37% 47.35% 47.37% 47.36%
9.92% 9.79% 9.74% 9.70% 9.52% 9.23% 7.99% 8.00% 7.57% 6.22% 5.32% 1.51%
0.00% 0.01% 0.01% 0.01% 0.58% 0.86% 1.31% 1.23% 1.22% 1.26% 1.08% 1.10%
41.60% 41.78% 41.88% 42.52% 42.21% 42.25% 43.29% 43.36% 43.85% 45.17% 46.22% 50.02%
No. of Shareholders 60,70863,67860,69457,89361,09862,00263,44559,72557,24177,55187,20795,054

* 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.

Documents