Apis India Ltd
Apis India Ltd (APIS) last reported results for the quarter ended Mar 2026, with sales of ₹98 crore and net profit of ₹10 crore. The stock last traded at ₹51.9, a market capitalisation of ₹715 crore, on a P/E of 28.4. Over the past 52 weeks the stock has ranged between ₹32.8 and ₹110. Figures are as of 9 Oct 2026 and are not real time.
Apis India Ltd share price and key metrics
- Current price
- ₹51.9
- Market cap
- ₹715 cr
- Stock P/E
- 28.4
- Book value
- ₹14.4
- ROE
- 13.6%
- ROCE
- 14.6%
- Dividend yield
- 0.00%
- 52w high / low
- 110/32.8
Metrics as of 9 Oct 2026. Not real time.
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Apis India Ltd growth and returns
- 10 Years
- %
- 5 Years
- 7%
- 3 Years
- 6%
- TTM
- 11%
- 10 Years
- %
- 5 Years
- 32%
- 3 Years
- 12%
- TTM
- -1%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- 159%
- 1 Year
- 66%
- 10 Years
- %
- 5 Years
- 16%
- 3 Years
- 17%
- Last Year
- 14%
Apis India Ltd quarterly results
In the quarter ended Mar 2026, sales were ₹98 cr, up 8.9% from ₹90 cr a year earlier. Net profit was ₹10 cr, up 25.0% year on year.
| ₹ crore | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 80 | 93 | 90 | 87 | 96 | 110 | 98 |
| Expenses | 80 | 72 | 84 | 79 | 80 | 85 | 99 | 90 |
| Operating profit | 7 | 9 | 9 | 11 | 7 | 11 | 10 | 8 |
| OPM % | 8% | 11% | 9% | 12% | 8% | 11% | 9% | 8% |
| Other income | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 4 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 6 | 7 | 7 | 9 | 6 | 9 | 8 | 9 |
| Tax % | 29% | 24% | 28% | 26% | 30% | 25% | 29% | 20% |
| Net profit | 5 | 7 | 5 | 8 | 3 | 7 | 4 | 10 |
| EPS (₹) | 0.38 | 0.49 | 0.38 | 0.59 | 0.18 | 0.51 | 0.28 | 0.75 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Apis India Ltd annual results
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 182 | 224 | 209 | 272 | 295 | 332 | 316 | 350 | 391 |
| Operating profit | 20 | 18 | 11 | 15 | 19 | 22 | 34 | 34 | 36 |
| OPM % | 11% | 8% | 5% | 6% | 6% | 7% | 11% | 10% | 9% |
| Net profit | 12 | 11 | 3 | 6 | 8 | 18 | 33 | 25 | 25 |
| EPS (₹) | 0.87 | 0.77 | 0.24 | 0.46 | 0.58 | 1.32 | 2.36 | 1.84 | 1.84 |
TTM is the trailing twelve months to the most recent quarter.
Apis India Ltd balance sheet
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 138 |
| Reserves | 60 | 70 | 74 | 79 | 92 | 110 | 142 | 168 | 61 |
| Borrowings | 55 | 66 | 65 | 85 | 104 | 75 | 60 | 66 | 67 |
| Other liabilities | 34 | 42 | 54 | 61 | 56 | 62 | 56 | 49 | 43 |
| Total liabilities | 154 | 184 | 198 | 231 | 257 | 253 | 265 | 288 | 308 |
| Fixed assets | 14 | 14 | 14 | 14 | 14 | 12 | 13 | 15 | 21 |
| CWIP | 1 | 2 | 3 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 2 | 10 | 12 | 14 | 25 | 36 | 40 | 41 |
| Other assets | 138 | 165 | 171 | 203 | 229 | 215 | 215 | 233 | 246 |
| Total assets | 154 | 184 | 198 | 231 | 257 | 253 | 265 | 288 | 308 |
As reported by the company. Total assets equal total liabilities by construction.
Apis India Ltd cash flow
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 12 | 5 | 16 | -5 | 12 | 18 | -3 | 8 | 14 |
| Cash from investing | -8 | -7 | -9 | 2 | -4 | -9 | 8 | 3 | -6 |
| Cash from financing | -1 | -7 | -5 | 2 | -6 | -10 | -6 | -11 | -8 |
| Net cash flow | 4 | -8 | 1 | -1 | 2 | -1 | -1 | -0 | 0 |
| Free cash flow | 5 | 3 | 13 | -4 | 10 | 16 | -7 | 6 | 8 |
| CFO / operating profit | 61% | 44% | 149% | -13% | 80% | 104% | 5% | 50% | 68% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Apis India Ltd operating ratios
| Per year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | 12% | 6% | 8% | 9% | 10% | 16% | 15% | 15% |
| Debtor days | 75 | 77 | 80 | 79 | 105 | 86 | 98 | 120 | 122 |
| Inventory days | 178 | 232 | 312 | 236 | 213 | 153 | 178 | 131 | 126 |
| Days payable | 86 | 107 | 133 | 87 | 81 | 73 | 73 | 56 | 41 |
| Cash conversion cycle | 167 | 201 | 259 | 227 | 238 | 166 | 203 | 195 | 207 |
| Working capital days | 77 | 83 | 81 | 84 | 83 | 74 | 114 | 126 | 130 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Apis India Ltd shareholding pattern
Promoters held 74.72% at Jun 2026, broadly unchanged since Jun 2025.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% |
| Public | 25.28% | 25.28% | 25.28% | 25.28% | 25.27% | 25.27% | 25.28% | 25.27% |
| No. of shareholders | 23 | 23 | 23 | 25 | 30 | 275 | 6,997 | 6,612 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Apis India Ltd corporate filings
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Company Updatelow impact
Cruxal's analysis: Attached herewith Compliance Certificate under Regulation 74(5) of SEBI (DP)…
Read the full analysis - Gaurav Shah and Associates' Scrutinizer Report confirms 99.93% approval for all resolutions at APIS India Ltd's 44th AGM held on 30th September 2026AGM/EGMlow impact
Cruxal's analysis: APIS India Ltd conducted its 44th AGM via video conferencing, with all three resolutions…
Read the full analysis - Apis India Limited holds 44th AGM on September 30, 2026; no new financial disclosures or strategic updates announcedAGM/EGMlow impact
Cruxal's analysis: Apis India Limited conducted its 44th Annual General Meeting via VC/OAVM, with all…
Read the full analysis - Closure of Trading WindowInsider Trading / SASTlow impact
Cruxal's analysis: Attached herewith a letter regarding closure of trading window w.e.f October 01, 2026.
Read the full analysis - Apis India Limited issues clarification regarding delay in June 2026 quarterly financial resultsCompany Updatelow impact
Cruxal's analysis: Apis India Limited has formally clarified that the delay in submitting its financial…
Read the full analysis - Apis India Ltd: Newspaper publication of financial results/corporate disclosuresCompany Updatelow impact
Cruxal's analysis: Apis India Ltd has filed a routine disclosure regarding the publication of information in…
Read the full analysis - Apis India Limited schedules 44th Annual General Meeting for September 30, 2026Company Updatelow impact
Cruxal's analysis: Apis India Limited has issued a formal intimation regarding its 44th Annual General…
Read the full analysis - APIS India Limited Announces 44th AGM and Appointment of New Statutory AuditorsAGM/EGMlow impact
Cruxal's analysis: APIS India Limited has scheduled its 44th Annual General Meeting for September 30, 2026…
Read the full analysis - Apis India Ltd schedules 44th Annual General Meeting for September 30, 2026Otherslow impact
Cruxal's analysis: Apis India Ltd has released its Annual Report for the financial year 2025-26 and issued a…
Read the full analysis - Apis India Limited announces book closure dates for Annual General Meeting on September 30, 2026Corp. Actionlow impact
Cruxal's analysis: Apis India Limited has issued a formal intimation regarding the closure of its Register…
Read the full analysis - Apis India Limited Announces Schedule for 44th Annual General Meeting and Book ClosureAGM/EGMlow impact
Cruxal's analysis: Apis India Limited has formally intimated the BSE regarding the scheduling of its 44th…
Read the full analysis - Apis India Limited: Promoter Group Member Sakshi Anand Files Revised Disclosure for Inter-se Gift Transfer of 1.07 Crore SharesInsider Trading / SASTlow impact
Cruxal's analysis: Apis India Limited has received a revised disclosure under SEBI SAST Regulations…
Read the full analysis - Apis India Limited: Revised Disclosure of Inter-se Promoter Share TransferCompany Updatelow impact
Cruxal's analysis: Apis India Limited has filed a revised disclosure regarding an inter-se transfer of 1…
Read the full analysis - Apis India Limited: Promoter Group Reports Revised Disclosure for Inter-se Transfer of 1.07 Crore SharesInsider Trading / SASTlow impact
Cruxal's analysis: Apis India Limited has filed a revised disclosure under SEBI SAST Regulations regarding…
Read the full analysis - Apis India Limited: Promoter Group Files Revised Disclosure for Inter-se Share TransferCompany Updatelow impact
Cruxal's analysis: Apis India Limited has submitted a revised disclosure regarding an inter-se transfer of 1…
Read the full analysis - Apis India Limited cancels board meeting scheduled for August 13, 2026, citing pending audit finalizationCompany Updatelow impact
Cruxal's analysis: Apis India Limited has announced the cancellation of its Board of Directors meeting…
Read the full analysis - Apis India Limited schedules Board Meeting for August 13, 2026, to approve Q1 FY27 financial resultsBoard Meetinglow impact
Cruxal's analysis: Apis India Limited has formally intimated the BSE regarding a Board of Directors meeting…
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