Aprameya Engineering Ltd (APRAMEYA) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: APRAMEYA | Trading | Small Cap

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Aprameya Engineering Ltd (APRAMEYA) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: APRAMEYA | Trading | Small Cap

DeciZen - make an informed investing decision on Aprameya Engineering

Based on:

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Aprameya Engineering stock performance -

Key Ratios
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P/E Ratio (SA):
37.63
Market Cap:
606.5 Cr.
52-wk low:
0
52-wk high:
0

Is Aprameya Engineering Ltd an attractive stock to invest in?

1. Is Aprameya Engineering Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Aprameya Engineering Ltd is a below average quality company.

2. Is Aprameya Engineering Ltd undervalued or overvalued?

The key valuation ratios of Aprameya Engineering Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Aprameya Engineering Ltd a good buy now?

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

10 Year X-Ray of Aprameya Engineering:

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.
Aprameya Engineering Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%0%0%88.8%24.9%11.8%31.1%-
Value Creation
Index
NANANA5.30.8-0.21.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00020078.165.2136136
Sales YoY Gr.-NANANA-60.9%-16.6%108.3%-
Adj EPS 00011.93.82.58.58.5
YoY Gr.-NANANA-67.7%-35.2%239.8%-
BVPS (₹) 00010.414.216.733.833.8
Adj Net
Profit
00016.65.43.516.116
Cash Flow from Ops. 000-0.4-13.5-10-10.6-
Debt/CF from Ops. 000-37.2-2.1-4.2-2.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA-12.1%108.3%
Adj EPS NANA-10.7%239.8%
BVPSNANA48.2%101.9%
Share Price - - - 264.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
000114.431.216.136.825.1
Op. Profit
Mgn %
00012.412.19.818NAN
Net Profit
Mgn %
0008.36.95.411.911.9
Debt to
Equity
0000.91.41.80.5-
Working Cap
Days
00002423632770
Cash Conv.
Cycle
00001202581660

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.47

Return on Equity has declined versus last 3 years average to 25.10%

Sales growth has been subdued in last 3 years -12.12%

Net Profit has been subdued in last 3 years -10.67%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Aprameya Engineering Ltd.

Standalone Consolidated
TTM EPS (₹) 8.5 -
TTM Sales (₹ Cr.) 136 -
BVPS (₹.) 33.8 -
Reserves (₹ Cr.) 45 -
P/BV 9.44 -
PE 37.63 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 607
Equity (₹ Cr.) 19
Face Value (₹) 10
Industry PE 36.9

Management X-Ray of Aprameya Engineering:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Aprameya Engineering - Standalone Basis

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
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Aprameya Engineering

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales2007865136
Operating Expenses 1756959111
Manufacturing Costs93493496
Material Costs648173
Employee Cost 3333
Other Costs 15959
Operating Profit 259624
Operating Profit Margin (%) 12.4%12.1%9.8%18.0%
Other Income 0001
Interest 1223
Depreciation 0000
Exceptional Items 0000
Profit Before Tax 247522
Tax 8216
Profit After Tax 175316
PAT Margin (%) 8.3%6.9%5.4%11.9%
Adjusted EPS (₹)11.93.82.58.5
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 15202364
Share Capital 7141419
Reserves 86945
Minority Interest0000
Debt13284030
Long Term Debt1312126
Short Term Debt0162824
Trade Payables189740
Others Liabilities 3559
Total Liabilities 496275143

Fixed Assets

Gross Block2222
Accumulated Depreciation0000
Net Fixed Assets 1111
CWIP 0000
Investments 0000
Inventories7837
Trade Receivables274258119
Cash Equivalents 3131
Others Assets 1010914
Total Assets 496275143

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -0-13-10-11
PBT 247522
Adjustment 1223
Changes in Working Capital -18-21-15-31
Tax Paid -7-3-2-4
Cash Flow From Investing Activity -3-2-1-0
Capex -1-0-1-0
Net Investments -2-2-1-1
Others 0001
Cash Flow From Financing Activity 5131111
Net Proceeds from Shares 00025
Net Proceeds from Borrowing 1-02-8
Interest Paid -1-2-2-2
Dividend Paid 0000
Others 61512-4
Net Cash Flow 2-20-0

Finance Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)114.3831.1716.1136.77
ROCE (%)88.7824.8711.7931.11
Asset Turnover Ratio4.121.420.951.27
PAT to CFO Conversion(x)-0-2.6-3.33-0.69
Working Capital Days
Receivable Days49160279233
Inventory Days14363214
Payable Days1026371682,563

Aprameya Engineering Ltd Stock News

Aprameya Engineering Ltd FAQs

The current trading price of Aprameya Engineering on 01-Jan-1970 05:30 is ₹0.00.
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 31-Dec-1969 the market cap of Aprameya Engineering stood at ₹606.5.
The latest P/E ratio of Aprameya Engineering as of 31-Dec-1969 is 37.63.
The latest P/B ratio of Aprameya Engineering as of 31-Dec-1969 is 9.44.
The 52-week high of Aprameya Engineering is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aprameya Engineering is ₹135.7 ( Cr.) .

About Aprameya Engineering Ltd

The company was originally formed as a partnership firm in the name and style of ‘Aprameya Engineering’ pursuant to a deed of partnership dated September 05, 2003, registered as on August 13, 2004 vide Registration certificate issued by Registrar of Firms, Ahmedabad City, Ahmedabad under the provisions of the Indian Partnership Act, 1932. Subsequently, the company was incorporated pursuant to a certificate of incorporation dated December 28, 2021 issued by the Registrar of Companies, Central Registration Centre following the conversion of the partnership firm ‘Aprameya Engineering’ to a Private Limited Company. Further, pursuant to special resolution passed by the shareholders of the company at the Extra Ordinary General Meeting, held on April 22, 2022, the company was converted into a Public Limited Company and consequently the name of the company was changed from ‘Aprameya Engineering Private Limited’ to ‘Aprameya Engineering Limited’ vide a fresh certificate of incorporation consequent upon conversion dated May 12, 2022, issued by the Registrar of Companies, Ahmedabad, Gujarat.

Aprameya Engineering started the business as a partnership firm on September 05, 2003 and has grown its business with the objective of delivering healthcare solutions focused on cost effectiveness and improved accessibility. It is engaged in selling of high value medical equipment as a dealer of medical equipment manufacturers and suppliers such as Johnson & Johnson, Stryker India and many other medical equipment manufacturers. Apart from these companies it also has established cordial relationship with medical device manufacturers like Alan Electronic Systems, Draeger Medical India, Siemens Healthcare, Schiller Healthcare India, Epsilon, Resmed and many other medical devices manufacturers and suppliers for easy and timely procurement. With the knowledge and experience of over one & half decade in delivering the medical devices for patient care at reasonable outlay, it has during the year 2020 expanded its business activity by providing turnkey healthcare infrastructure solution by setting-up of ICU, NICU, PICU, operation theater projects and prefabricated structure ward on turnkey basis. Further, during the year 2024, it has undertaken setting up, installing and commissioning of dialysis centres across the state of Rajasthan.

Business area of the company

The company is engaged in the business of installation, set up & maintenance of Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatre, dialysis centres and prefabricated structure ward in the hospitals and medical care centres on turnkey basis along with supply of high value healthcare equipment and diagnostic equipment to private hospitals, Government hospitals and medical practitioners. Over the years, on the basis of its knowledge and understanding of the requirements of medical practitioners, industry standards and utility of the medical equipment, it has evolved ourselves and developed its capabilities in offering solutions in the field of healthcare services relating to ICU set up, dialysis centres setup, operation theatre setup and providing medical equipment for easing operation related to patient treatment, monitoring and diagnosis by hospitals, medical practitioners and diagnostic service providers. The company is engaged in the business of setting up of medical, healthcare infrastructure, supply of consumables, trading of medical and healthcare equipment’s and maintenance of the equipment supplied and installed by the company. Further, the company has many times received commission from the equipment suppliers for supply of the medical equipment directly to the customers.

Key awards, accreditations or recognitions

  • 2015: Received Certificate of Excellence (Silver Category, Year: 2015) in the Stryker Dealer Meet, 2016.
  • 2015: Won Best Performer of the Year 2014-15 award from Alan Electronics Systems. 
  • 2021: received Certificate of Appreciation of Top Annual Sales Performance 2021 from Draeger Medical India Private Limited.
  • 2021: Received Certificate of Achievement: 2nd Runner up: Best Sales Performance for the year 2020 issued at April 9, 2021 from Alan Electronics Systems.
  • 2022: Received Certificate of Achievement: 2nd Runner up: Sales Performance for the year 2021-22 Issued at April 23, 2022 from Alan Electronics Systems.
  • 2022: Received Certificate and Achievement for outstanding and Exemplary Contribution during the year 2022 from Stryker India Private Limited.
  • 2022: Received Certificate of Achievement – Quota Achiever from Stryker India Private Limited.

Major events and milestones

  • 2003: Partnership Firm in the name and style of Aprameya Engineering founded by Chetan Mohan Joshi and Saurabh Kishorbhai Bhatt.
  • 2004: The firm entered into a distributorship agreement with Johnson & Johnson Private Limited.
  • 2004: The firm entered into an agreement with Alan Electronic System Private Limited for completing the Market of ELSY 360 series Diathermy Equipment being manufactured by them.
  • 2009: Entered into agreement with Karl Storz Endoscopy India Private Limited for supplying of medical equipment to the Rajasthan Government.
  • 2020: Commencement of business related to setting up of ICU/OT/PICU/NICU.
  • 2020: Received the first tender for supply and installation of Operation Theatre on turnkey basis for S.M.S. Medical College, Jaipur.
  • 2021: Incorporation of the company as ‘Aprameya Engineering Private Limited’ pursuant to the Conversion of Partnership firm into the Private Company as per the provisions of the Companies Act, 2013.
  • 2022: Achieved a total income of Rs 20,000 lakh.
  • 2022: Started with setting up of Minilabs for ICU/OT/PICU/NICU.
  • 2023: Supply of Johnson & Johnson product Harmonic Scalpel (Gen 11) to AIIMS across India.
  • 2024: Successfully Setting Up of 175 dialysis Centers across Government Hospitals in the state of Rajasthan.
  • 2024: Secured Order from Gujarat Government for Renovation and Comprehensive Annual Maintenance Contract of Modular Operation Theatre in 5 Medical College Hospitals across Gujarat.


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