WEBSITE BSE:540692 NSE: APEX Inc. Year: 2012 Industry: Aquaculture
Last updated: 15:55
Apex Frozen Foods Ltd is an India-based integrated producer and exporter of shelf stable aquaculture products. The Company produces 2 varieties of shrimps namely the black tiger shrimp (Penaeus mondon) and whiteleg shrimp (Litopenaeus vannamei). The black tiger shrimp is likewise known as giant tiger prawn or Asian tiger prawn. Whiteleg shrimp is likewise known as Pacific white shrimp, which are bought under the brands: Bay sparkling, Bay Harvest and BayPremium. The Company supplies ready-to-cook products to the food groups, retail chains, rest...Read More
Apex Frozen Foods Ltd is an India-based integrated producer and exporter of shelf stable aquaculture products. The Company produces 2 varieties of shrimps namely the black tiger shrimp (Penaeus mondon) and whiteleg shrimp (Litopenaeus vannamei). The black tiger shrimp is likewise known as giant tiger prawn or Asian tiger prawn. Whiteleg shrimp is likewise known as Pacific white shrimp, which are bought under the brands: Bay sparkling, Bay Harvest and BayPremium. The Company supplies ready-to-cook products to the food groups, retail chains, restaurants, and club shops. The Company distributes the products to the USA, the United Kingdom, and European Countries. ...Read Less
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Market Cap ₹1084 Cr.
Stock P/E 279.6
P/B 2.1
Current Price ₹346.9
Book Value ₹ 162.9
Face Value 10
52W High ₹402.4
Dividend Yield 0.58%
52W Low ₹ 179.2
Price goes above X
Price falls below X
PE goes above X
PE falls below X
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| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 254 | 241 | 148 | 162 | 186 | 200 | 231 | 197 | 258 | 238 |
| Other Income | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | 3 | 6 |
| Total Income | 254 | 242 | 149 | 163 | 186 | 200 | 233 | 198 | 261 | 245 |
| Total Expenditure | 241 | 222 | 140 | 160 | 175 | 196 | 227 | 191 | 243 | 227 |
| Operating Profit | 13 | 20 | 9 | 3 | 11 | 5 | 6 | 8 | 18 | 18 |
| Interest | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 2 | 1 |
| Depreciation | 5 | 5 | 3 | 1 | 4 | 4 | 4 | 4 | 4 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Profit Before Tax | 5 | 11 | 4 | -0 | 5 | -2 | -0 | 3 | 13 | 16 |
| Provision for Tax | 1 | 3 | 1 | -0 | 1 | -0 | 0 | 1 | 4 | 4 |
| Profit After Tax | 4 | 8 | 3 | -0 | 4 | -2 | -0 | 2 | 9 | 12 |
| Adjustments | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Profit After Adjustments | 4 | 8 | 3 | -0 | 4 | -2 | -0 | 2 | 9 | 12 |
| Adjusted Earnings Per Share | 1.2 | 2.7 | 1 | -0.1 | 1.2 | -0.5 | -0.1 | 0.6 | 2.9 | 3.8 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 599 | 604 | 699 | 999 | 875 | 827 | 818 | 926 | 1070 | 804 | 814 | 924 |
| Other Income | 5 | 5 | 11 | 20 | 22 | 19 | 8 | 6 | 2 | 3 | 5 | 12 |
| Total Income | 604 | 608 | 709 | 1019 | 896 | 846 | 826 | 932 | 1072 | 807 | 818 | 937 |
| Total Expenditure | 566 | 563 | 654 | 889 | 785 | 740 | 728 | 840 | 987 | 764 | 788 | 888 |
| Operating Profit | 38 | 45 | 55 | 130 | 111 | 106 | 98 | 92 | 85 | 44 | 30 | 50 |
| Interest | 10 | 10 | 11 | 9 | 7 | 11 | 16 | 17 | 15 | 9 | 9 | 7 |
| Depreciation | 0 | 5 | 6 | 9 | 11 | 15 | 22 | 19 | 19 | 15 | 15 | 16 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Profit Before Tax | 28 | 30 | 37 | 113 | 94 | 81 | 61 | 56 | 51 | 20 | 6 | 32 |
| Provision for Tax | 10 | 10 | 12 | 33 | 33 | 20 | 16 | 15 | 15 | 5 | 2 | 9 |
| Profit After Tax | 18 | 19 | 25 | 79 | 61 | 61 | 44 | 41 | 36 | 15 | 4 | 23 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 18 | 19 | 25 | 79 | 61 | 61 | 44 | 41 | 36 | 15 | 4 | 23 |
| Adjusted Earnings Per Share | 0 | 0 | 0 | 25.3 | 19.5 | 19.4 | 14.2 | 13.1 | 11.5 | 4.7 | 1.2 | 7.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 1% | -4% | -0% | 3% |
| Operating Profit CAGR | -32% | -31% | -22% | -2% |
| PAT CAGR | -73% | -54% | -42% | -14% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 46% | 17% | 5% | NA% |
| ROE Average | 1% | 4% | 6% | 18% |
| ROCE Average | 2% | 6% | 9% | 19% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 56 | 75 | 109 | 302 | 355 | 396 | 440 | 468 | 490 | 497 | 494 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 9 | 12 | 21 | 8 | 7 | 24 | 28 | 29 | 3 | 7 | 6 |
| Other Non-Current Liabilities | 1 | 1 | 6 | -2 | -1 | -3 | -2 | 6 | 7 | 8 | 9 |
| Total Current Liabilities | 99 | 90 | 140 | 119 | 145 | 206 | 189 | 174 | 114 | 121 | 104 |
| Total Liabilities | 165 | 179 | 277 | 428 | 507 | 623 | 654 | 678 | 614 | 633 | 613 |
| Fixed Assets | 52 | 55 | 83 | 111 | 115 | 280 | 250 | 236 | 242 | 254 | 243 |
| Other Non-Current Assets | 0 | 8 | 3 | 26 | 128 | 8 | 18 | 30 | 38 | 16 | 16 |
| Total Current Assets | 113 | 116 | 191 | 290 | 264 | 335 | 386 | 412 | 334 | 363 | 354 |
| Total Assets | 165 | 179 | 277 | 428 | 507 | 623 | 654 | 678 | 614 | 633 | 613 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 1 | 2 | 5 | 64 | 7 | 7 | 3 | 1 | 2 | 3 |
| Cash Flow from Operating Activities | 12 | 37 | 14 | 33 | 49 | 58 | 13 | 36 | 121 | 11 | 50 |
| Cash Flow from Investing Activities | -12 | -16 | -29 | -58 | -114 | -44 | -14 | -10 | -22 | -8 | -2 |
| Cash Flow from Financing Activities | -0 | -21 | 17 | 85 | 7 | -14 | 4 | -27 | -99 | -2 | -49 |
| Net Cash Inflow / Outflow | 0 | 0 | 3 | 60 | -58 | 1 | 3 | -2 | 1 | 1 | -1 |
| Closing Cash & Cash Equivalent | 1 | 1 | 5 | 64 | 7 | 7 | 10 | 1 | 2 | 3 | 2 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0 | 0 | 0 | 25.31 | 19.45 | 19.41 | 14.17 | 13.14 | 11.48 | 4.67 | 1.24 |
| CEPS(Rs) | 7.82 | 10.09 | 13.08 | 28.08 | 22.93 | 24.08 | 21.19 | 19.07 | 17.7 | 9.41 | 6.15 |
| DPS(Rs) | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2.5 | 2.5 | 2 | 2 |
| Book NAV/Share(Rs) | 0 | 0 | 0 | 96.74 | 113.63 | 126.68 | 140.74 | 149.9 | 156.79 | 159.06 | 158.23 |
| Core EBITDA Margin(%) | 5.5 | 6.69 | 6.35 | 11.02 | 10.24 | 10.52 | 11.11 | 9.32 | 7.76 | 5.01 | 3.09 |
| EBIT Margin(%) | 6.27 | 6.66 | 6.96 | 12.14 | 11.46 | 11.05 | 9.35 | 7.95 | 6.1 | 3.58 | 1.77 |
| Pre Tax Margin(%) | 4.66 | 4.93 | 5.36 | 11.27 | 10.71 | 9.76 | 7.4 | 6.07 | 4.73 | 2.43 | 0.69 |
| PAT Margin (%) | 3.06 | 3.19 | 3.6 | 7.92 | 6.95 | 7.33 | 5.41 | 4.43 | 3.35 | 1.81 | 0.48 |
| Cash Profit Margin (%) | 3.13 | 4.01 | 4.49 | 8.79 | 8.19 | 9.1 | 8.09 | 6.43 | 5.17 | 3.65 | 2.36 |
| ROA(%) | 12.01 | 11.21 | 11.03 | 22.46 | 13.02 | 10.74 | 6.93 | 6.17 | 5.55 | 2.34 | 0.62 |
| ROE(%) | 39.13 | 29.38 | 27.21 | 38.42 | 18.5 | 16.15 | 10.6 | 9.04 | 7.49 | 2.96 | 0.78 |
| ROCE(%) | 28.58 | 26.72 | 26.02 | 39.93 | 23.56 | 18.16 | 13.29 | 11.84 | 10.75 | 4.88 | 2.46 |
| Receivable days | 25.63 | 27.72 | 32.46 | 27.45 | 33.58 | 38.1 | 51.2 | 55.67 | 41.63 | 49.58 | 52.41 |
| Inventory Days | 30.71 | 33.23 | 32.24 | 30.23 | 43.37 | 64.06 | 76.98 | 71.73 | 64.92 | 84.18 | 85.5 |
| Payable days | 10.64 | 11.17 | 16.14 | 14.91 | 18.23 | 24.44 | 24.85 | 15.11 | 8.96 | 9.86 | 12.63 |
| PER(x) | 0 | 0 | 0 | 24.14 | 16.93 | 8.68 | 14.64 | 21.17 | 16.82 | 42.17 | 169.73 |
| Price/Book(x) | 0 | 0 | 0 | 6.32 | 2.9 | 1.33 | 1.47 | 1.86 | 1.23 | 1.24 | 1.33 |
| Dividend Yield(%) | 0 | 0 | 0 | 0.33 | 0.61 | 1.19 | 0.96 | 0.9 | 1.3 | 1.02 | 0.95 |
| EV/Net Sales(x) | 0.19 | 0.17 | 0.19 | 1.93 | 1.29 | 0.81 | 0.98 | 1.11 | 0.64 | 0.89 | 0.89 |
| EV/Core EBITDA(x) | 2.97 | 2.25 | 2.36 | 14.86 | 10.18 | 6.29 | 8.19 | 11.16 | 8.06 | 16.36 | 24.4 |
| Net Sales Growth(%) | 16.55 | 0.7 | 15.77 | 42.93 | -12.41 | -5.44 | -1.04 | 13.16 | 15.56 | -24.87 | 1.18 |
| EBIT Growth(%) | 32.55 | 6.98 | 21.07 | 149.2 | -17.35 | -8.8 | -16.28 | -3.83 | -11.21 | -55.77 | -50.2 |
| PAT Growth(%) | 36.75 | 5.03 | 30.33 | 214.81 | -23.14 | -0.25 | -26.97 | -7.25 | -12.66 | -59.3 | -73.45 |
| EPS Growth(%) | 0 | 0 | 0 | 0 | -23.14 | -0.25 | -26.97 | -7.25 | -12.66 | -59.3 | -73.45 |
| Debt/Equity(x) | 1.61 | 1.05 | 1.01 | 0.28 | 0.3 | 0.37 | 0.38 | 0.36 | 0.18 | 0.22 | 0.15 |
| Current Ratio(x) | 1.14 | 1.28 | 1.36 | 2.45 | 1.82 | 1.62 | 2.04 | 2.36 | 2.93 | 3.01 | 3.39 |
| Quick Ratio(x) | 0.63 | 0.62 | 0.91 | 1.59 | 1.09 | 0.73 | 1.19 | 1.21 | 1.37 | 1.4 | 1.6 |
| Interest Cover(x) | 3.91 | 3.86 | 4.34 | 13.94 | 15.3 | 8.59 | 4.81 | 4.23 | 4.44 | 3.09 | 1.64 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0.04 | 0.1 | 0.28 | 0.26 | 0.19 | 0.15 | 0.17 | 0.11 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 72.62 | 72.62 | 72.62 | 72.62 | 72.62 | 72.62 | 72.62 | 72.62 | 72.62 | 72.62 |
| FII | 0.02 | 0.03 | 0 | 1.27 | 2.43 | 3.36 | 3.29 | 4.18 | 4.84 | 4.74 |
| DII | 0.08 | 0 | 0.05 | 0.22 | 0.76 | 0.37 | 0.44 | 0.55 | 0.55 | 0.55 |
| Public | 27.28 | 27.35 | 27.33 | 25.88 | 24.19 | 23.65 | 23.66 | 22.64 | 21.98 | 22.08 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 | 2.27 |
| FII | 0 | 0 | 0 | 0.04 | 0.08 | 0.11 | 0.1 | 0.13 | 0.15 | 0.15 |
| DII | 0 | 0 | 0 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Public | 0.85 | 0.85 | 0.85 | 0.81 | 0.76 | 0.74 | 0.74 | 0.71 | 0.69 | 0.69 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 |
* The pros and cons are machine generated.
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