Aplab Ltd.

BSE: APLAB · Other Electrical Equipment · sector

₹64.79BSE close 2026-10-26

Key numbers

Market cap₹102 cr

Price₹64.79

52w high / low₹122 / ₹55

P/E18.2xSector median 20.7x

P/B5.1xSector median 3.4x

Book value₹12.7

Dividend yield–Sector median 0.26%

ROE-5.6%Sector median 15.5%

ROCE3.6%Sector median 16.4%

OPM-2.5%Sector median 11.7%

Debt / equity0.94xSector median 0.32x

EV/EBITDA–Sector median 13.3x

Interest cover0.6x

Current ratio1.27x

Sales growth 3y+4.3%Sector median +17.8%

Profit growth 3y+128.8%Sector median +15.2%

PEG0.18x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹7 cr vs borrowings ₹19 cr (FY26): borrowings are higher by ₹11 cr.
Operating profit covered interest 0.6x in the last 12 months.
Net loss in 2 of the last 6 quarters.
No dividend in the last 5 financial years.
Price ₹64.79 on 2026-10-26: -46.9% from the 52-week high, +17.6% 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 ₹116.01 · low ₹40.30

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	24	15	17	11	14	10
EBITDA	-1	2	3	0	-2	-3
OPM %	-5.8%	11.3%	17.7%	0.0%	-12.6%	-26.6%
Other income	3	0	0	1	2	0
Net profit	7	1	2	1	-1	-3
EPS (₹)	6.03	0.68	1.04	0.42	0.49	1.60
Revenue YoY					-40.0%	-37.8%
Profit YoY					-110.2%	-396.5%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	51	51	50	64	58	53
EBITDA	5	3	4	-8	3	-1
Net profit	0	0	1	0	3	-1
EPS (₹)	0.19	0.20	0.72	0.23	1.69	3.55
Revenue growth		+0.3%	-3.8%	+28.5%	-8.2%	–
Profit growth		+23.5%	+281.0%	-67.5%	+869.2%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+4.3%	–	–
Net profit	+128.8%	–	–
EPS	+103.7%	–	–
Share price	–	-5.4% (2y)	-21.0%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	10	20
Borrowings	30	19
Cash & equivalents	4	7
Total assets	70	58
Fixed assets	7	8
Capital work in progress	1	0
Investments	0	0
Receivables	22	9
Inventory	18	19
Payables	9	2

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	2	14
Cash from investing	-1	-2
Cash from financing	1	-8
Capex	1	3
Free cash flow	1	11

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	2.5%	12.6%
ROCE %	-8.4%	15.2%
Debtor days	124	54
Inventory days	194	280
Payable days	99	31
Cash conversion cycle (days)	219	303
Working capital days	4	50

Peers in Other Electrical Equipment

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WAAREEENER	₹66,706 cr	17.5x	4.6x	23.0%	33.2%	20.2%	–	0.08%
APARINDS	₹59,456 cr	50.3x	11.0x	11.6%	32.9%	8.7%	+16.9%	0.35%
PREMIERENE	₹38,159 cr	22.6x	8.8x	46.7%	29.7%	30.0%	–	0.08%
MTARTECH	₹20,247 cr	151.7x	24.6x	17.2%	18.3%	20.7%	+15.2%	–
DIACABS	₹17,127 cr	87.1x	–	–	13.0%	11.7%	–	–
EMMVEE	₹16,647 cr	11.6x	3.8x	53.0%	34.1%	34.7%	–	–
AVALON	₹13,377 cr	100.0x	18.5x	20.0%	21.9%	11.4%	+19.3%	0.00%
UTLSOLAR	₹11,168 cr	36.1x	8.8x	23.1%	25.4%	14.6%	–	–
GENUSPOWER	₹7,216 cr	11.1x	3.2x	31.9%	22.2%	18.8%	+80.5%	0.84%
APLAB	₹102 cr	18.2x	5.1x	-5.6%	3.6%	-2.5%	+4.3%	–

All 59 companies in Other Electrical Equipment →

Dividends & corporate actions

Ex-date	Action	Detail
2009-06-16	Dividend	Dividend Rs 1.0
2008-05-30	Dividend	Dividend Rs 2.5

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Other Electrical Equipment
Sub-industry	Other Electrical Equipment
Symbol	APLAB
BSE code	517096
ISIN	INE273A01015
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.