Apex Frozen Foods Limited

NSE: APEX · Seafood · sector

₹300.05NSE close 2026-10-26

Key numbers

Market cap₹938 cr

Price₹300.05

52w high / low₹514 / ₹230

P/E18.2xSector median 10.2x

P/B1.8xSector median 1.7x

Book value₹169.0

Dividend yield0.66%Sector median 0.65%

ROE10.1%Sector median 11.8%

ROCE13.4%Sector median 13.4%

OPM7.6%Sector median 7.4%

Debt / equity0.01xSector median 0.61x

EV/EBITDA13.1xSector median 8.9x

Interest cover24.3x

Current ratio5.96x

Sales growth 3y-4.5%Sector median +16.4%

Profit growth 3y+2.7%Sector median +40.7%

PEG6.79x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 7 companies in Seafood (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹19 cr vs borrowings ₹6 cr (FY26): cash is higher (net cash).
Operating profit covered interest 24.3x in the last 12 months.
Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
Net loss in 2 of the last 8 quarters.
Revenue was higher than a year earlier in 2 of the last 4 quarters.
Other income was 33% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹300.05 on 2026-10-26: -41.7% from the 52-week high, +30.5% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹494.50 · low ₹201.27

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	200	231	197	258	238	264	168	257
EBITDA	4	4	7	15	14	13	13	30
OPM %	2.0%	1.7%	3.3%	6.0%	5.8%	5.1%	7.6%	11.8%
Other income	1	2	1	3	6	4	4	3
Net profit	-2	-0	2	9	12	10	8	22
EPS (₹)	-0.53	-0.07	0.63	2.91	3.80	3.23	2.49	6.93
Revenue YoY					+19.5%	+14.5%	-15.0%	-0.6%
Profit YoY					–	–	+297.4%	+138.1%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	914	1,070	804	814	931	927
EBITDA	79	83	41	25	56	70
Net profit	41	36	15	4	39	51
EPS (₹)	13.15	11.48	4.67	1.24	12.43	16.45
Revenue growth		+17.1%	-24.9%	+1.2%	+14.5%	+4.7%
Profit growth		-12.7%	-59.3%	-73.4%	+901.3%	+460.6%
Dividend / share (₹)	2.00	2.50	2.50	2.00	2.00

Compounded growth	3 years	5 years	Last 12 months
Sales	-4.5%	+2.6%	+4.7%
Net profit	+2.7%	-2.6%	+460.6%
EPS	+2.7%	-2.6%	–
Share price	–	+10.6% (2y)	+35.0%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	490	497	494	528
Borrowings	–	91	107	73	6
Cash & equivalents	–	10	10	5	19
Total assets	–	614	633	613	593
Fixed assets	–	242	254	243	239
Capital work in progress	–	18	4	4	2
Investments	–	0	0	0	0
Receivables	–	112	107	127	109
Inventory	–	180	194	188	167
Payables	–	17	10	26	29

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	28	121	11	50	96
Cash from investing	-10	-22	-8	-2	-2
Cash from financing	-20	-99	-2	-49	-78
Capex	11	23	12	5	7
Free cash flow	18	98	-1	45	89

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	7.3%	2.9%	0.8%	7.4%
ROCE %	–	11.3%	4.9%	2.5%	10.8%
Debtor days	–	38	49	57	43
Inventory days	–	89	126	116	103
Payable days	–	8	7	16	18
Cash conversion cycle (days)	–	119	168	157	128
Working capital days	–	77	110	112	104

Shareholding

Holder	% (2026-09-30)
Promoters	72.62%
FIIs	4.82%
DIIs	0.61%
Public (non-institutions)	21.94%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	72.62%	72.62%	72.62%	72.62%	72.62%	72.62%	72.62%	72.62%

Promoter group	%
Karuturi Subrahmanya Chowdary	30.86%
Satyanarayana Murthy Karuturi	28.54%
Padmavathi Karuturi	12.98%
Vallepalli Hanumantha RAO	0.09%
Karuturi Neelima Devi	0.08%
Anitha Devi Sankuratri	0.08%

Public holders above 1%	%
Massachusetts Institute of Technology	4.17%

39,529 shareholders. Pledged: – of promoter shares.

Peers in Seafood

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
APEX	₹938 cr	18.2x	1.8x	10.1%	13.4%	7.6%	-4.5%	0.66%
SHINDL	₹581 cr	34.5x	3.8x	11.5%	12.7%	7.1%	+16.4%	–
COASTCORP	₹229 cr	7.1x	0.8x	11.8%	10.4%	6.3%	+40.1%	0.64%
WATERBASE	₹171 cr	13.6x	1.2x	-6.9%	-4.1%	-1.1%	+4.8%	–
KINGSINFR	₹149 cr	10.2x	1.7x	18.8%	16.3%	17.7%	+38.2%	–
ESSEX	₹63 cr	8.9x	2.5x	25.7%	42.7%	12.0%	–	–
NCCBLUE	₹17 cr	6.1x	1.2x	21.8%	23.4%	–	–	–

All 7 companies in Seafood →

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-10	Dividend	Dividend - Rs 2.50 Per Share
2025-09-19	Dividend	Dividend - Rs 2 Per Share
2024-09-20	Dividend	Annual General Meeting/Dividend - Rs 2 Per Share
2023-09-22	Dividend	Annual General Meeting/Dividend - Rs 2.50 Per Share
2022-07-14	Dividend	Annual General Meeting/Dividend - Rs 2.50 Per Share
2021-09-14	Dividend	Annual General Meeting/Dividend - Rs 2 Per Share
2020-09-22	Other	Annual General Meeting
2020-03-19	Dividend	Interim Dividend - Rs 2 Per Share
2019-09-11	Dividend	Annual General Meeting/Dividend - Rs 2 Per Share
2018-09-12	Dividend	Annual General Meeting/Dividend Rs 2 Per Share

Documents

Links go to the original files on the exchange website.

About the company


Sector	Fast Moving Consumer Goods
Industry	Seafood
Sub-industry	Seafood
Symbol	APEX
BSE code	540692
ISIN	INE346W01013
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.