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Apex Frozen Foods Ltd (APEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540692 NSE: APEX Aquaculture | Small Cap | Apex Frozen Foods Share Price

₹375.85 -0.75 (-0.20%)

As on 04-Sep'26 16:59

Apex Frozen Foods Ltd (APEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540692 NSE: APEX Aquaculture | Small Cap | Apex Frozen Foods Share Price

₹375.85 -0.75 (-0.20%)

As on 04-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,175 Cr.
Current Price
₹375.9
52-Week Low / High
₹216 / 514
TTM EPS
₹16.5
TTM Sales
₹927 Cr.
Book Value per Share
₹175.9
P/E Ratio
22.85
Lower than its 5-year historical median
Industry PE
20.3
Price to Book (P/B)
2.14
Higher than its 5-year historical median
Price to Sales (P/S)
1.27
Higher than its 5-year historical median
EV/EBITDA
13.67
Lower than its 5-year historical median
Dividend Yield
0.67%
Profitability Efficiency
Return on Equity (ROE)
7.60%
In line with industry median
Return on Capital Employed (ROCE)
10.45%
In line with industry median
Return on Assets (ROA)
6.44%
Operating Profit Margin
6%
Net Profit Margin
4.17%
Gross Profit Margin
7.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
14.45%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
120.65%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
901.29%
Asset Quality
Promoter Holding
72.62%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹518 Cr.
Equity
₹31.3 Cr.
Face Value
₹10
All Time Low / High
₹132.05 / 941.40

Apex Frozen Foods stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Apex Frozen Foods Ltd a good quality company?
Apex Frozen Foods Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Apex Frozen Foods Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Apex Frozen Foods Ltd vs industry peers?
Apex Frozen Foods Ltd revenue CAGR is 2.61%, compared to the industry median CAGR of 4.91%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Apex Frozen Foods Ltd?
Promoters hold 72.62% of the Apex Frozen Foods Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Apex Frozen Foods Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 6.48% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Apex Frozen Foods Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 26%39.9%23.6%18.2%13.3%11.8%10.8%4.9%2.5%10.5%-
Value Creation
Index
0.91.90.70.3-0.1-0.2-0.2-0.7-0.8-0.3-

Growth Parameters

Sales 6999998758278189261,070804814931927
Sales YoY Gr.-42.9%-12.4%-5.4%-1%13.2%15.6%-24.9%1.2%14.5%-
Adj EPS 10.521.315.115.412.71211.54.40.69.116.5
YoY Gr.-103.3%-28.9%1.5%-17.4%-5.5%-4.3%-61.9%-85.8%1369.4%-
BVPS (₹) 45.696.7113.6126.7140.7149.9156.8159.1158.2169175.9
Adj Net
Profit
25.166.547.34839.637.535.813.71.928.551
Cash Flow from Ops. 14.4334958.312.935.512111.254.395.8-
Debt/CF from Ops. 7.72.62.22.5134.70.89.61.30.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.2%2.6%-4.5%14.5%
Adj EPS -1.5%-6.4%-7.4%1369.4%
BVPS15.7%3.7%2.5%6.8%
Share Price - 6.5% 16% 72.3%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
27.232.314.412.89.58.37.52.80.45.69.5
Op. Profit
Mgn %
6.41110.210.511.19.37.853.167.3
Net Profit
Mgn %
3.66.75.45.84.843.41.70.23.15.6
Debt to
Equity
10.30.30.40.40.40.20.20.20-
Working Cap
Days
797710413315915612916116413678
Cash Conv.
Cycle
5146648510911710012712810360

Valuation of Apex Frozen Foods - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales6999998758278189261,070804814931
Operating Expenses + 654889785740728840987764788876
Manufacturing Costs69989078858990797673
Material Costs532703581574553615742563588589
Employee Cost 20344439363842494243
Other Costs 3454714953971147382170
Operating Profit 441109087918683402556
Operating Profit Margin (%) 6.3%11.0%10.2%10.5%11.1%9.3%7.8%5.0%3.1%6.0%
Other Income + 112022198623517
Exceptional Items 0000000000
Interest 119711161715994
Depreciation 691115221919151515
Profit Before Tax 37113948161565120653
Tax 123333201615155214
Profit After Tax 2579616144413615439
PAT Margin (%) 3.6%7.9%7.0%7.3%5.4%4.4%3.4%1.8%0.5%4.2%
Adjusted EPS (₹)10.525.319.519.414.213.111.54.71.212.4
Dividend Payout Ratio (%)9.60%7.90%10.30%10.30%14.10%19%21.80%42.80%161.20%20.10%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 109302355396440468490497494528
Share Capital 24313131313131313131
Reserves 85271324365409437459466463497
Debt +1068110314416616589104704
Long Term Debt21872428293762
Short Term Debt8572961201381368696643
Minority Interest0000000000
Trade Payables31273145302116152629
Others Liabilities 31181738192320182331
Total Liabilities 277428507623654678614633613593

Fixed Assets

Net Fixed Assets +83111115280250236242254243239
Gross Block102138152331323328344368369371
Accumulated Depreciation192737517392102114126132
CWIP 1211163152218442
Investments 0000000000
Inventories64102106184161203178194188167
Trade Receivables83679479151132112107127109
Cash Equivalents 56477108107519
Others Assets 42626970677753674758
Total Assets 277428507623654678614633613593
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 143349581336121115496
PBT 37113948161565120653
Adjustment 20101626193841303020
Changes in Working Capital -30-46-28-33-58-4751-321434
Tax Paid -13-43-33-16-8-12-21-65-11
Cash Flow From Investing Activity + -29-58-114-44-14-10-22-8-6-2
Capex -27-57-109-38-13-11-21-12-9-6
Net Investments 00000-0-1213
Others -2-1-5-6-101211
Cash Flow From Financing Activity + 17857-144-27-99-2-49-78
Net Proceeds from Shares 0118-00000000
Net Proceeds from Borrowing 00000-3-265-2-4
Interest Paid -10-7-5-9-15-17-15-10-9-4
Dividend Paid -30-8-150-6-8-8-6-6
Others 30-25201118-0-5012-32-63
Net Cash Flow 360-5813-211-116
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)27.2138.4218.516.1510.69.047.492.960.787.6
ROCE (%)26.0239.9323.5618.1613.2911.8410.754.882.4610.45
Asset Turnover Ratio3.072.841.871.461.281.391.661.291.311.55
PAT to CFO Conversion(x)0.560.420.80.950.30.883.360.7313.52.46
Working Capital Days
Receivable Days32.5027.5033.6038.1051.2055.7041.6049.6052.4046
Inventory Days32.2030.2043.4064.107771.7064.9084.2085.5069.10
Payable Days16.1014.9018.2024.4024.9015.1099.9012.8017.20

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Apex Frozen Foods Ltd FAQs

The current trading price of Apex Frozen Foods on 04-Sep-2026 16:59 is ₹375.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Sep-2026 the market cap of Apex Frozen Foods stood at ₹1,174.5 Cr

The latest P/E ratio of Apex Frozen Foods as of 03-Sep-2026 is 22.85.

The latest P/B ratio of Apex Frozen Foods as of 03-Sep-2026 is 2.14.

The 52-week high of Apex Frozen Foods is ₹514.2 and the 52-week low is ₹216.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Apex Frozen Foods is ₹927 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Apex Frozen Foods Ltd is a average quality company.

The key valuation ratios of Apex Frozen Foods Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Apex Frozen Foods Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Apex Frozen Foods Ltd

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