Price
Financials
Standalone, Rs crore| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 47 | 81 | 75 | 164 | 270 | 301 | 388 |
| Expenses | 44 | 77 | 70 | 145 | 233 | 259 | 338 |
| Operating Profit | 3 | 4 | 5 | 19 | 37 | 42 | 50 |
| OPM % | 6% | 5% | 6% | 12% | 14% | 14% | 13% |
| Other Income | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 4 | 6 |
| Profit before tax | 2 | 3 | 4 | 18 | 35 | 37 | 42 |
| Tax % | 28% | 22% | 25% | 25% | 26% | 25% | 32% |
| Net Profit | 2 | 3 | 3 | 13 | 26 | 28 | 28 |
| EPS in Rs | 825.00 | 1.80 | 1.56 | 6.65 | 13.20 | 13.95 | 14.08 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 50 | 74 | 98 | 94 | 149 | 433 | 689 |
| Expenses | 47 | 70 | 93 | 88 | 140 | 377 | 596 |
| Operating Profit | 3 | 4 | 5 | 6 | 9 | 56 | 93 |
| OPM % | 5% | 4.9% | 5% | 6% | 6% | 13% | 13% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 2 | 1 |
| Interest | 0 | 0 | 0 | 1 | 0 | 1 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 4 | 9 |
| Profit before tax | 2 | 2 | 4 | 5 | 8 | 53 | 79 |
| Tax % | 27% | 25% | 26% | 28% | 25% | 26% | 29% |
| Net Profit | 1 | 2 | 3 | 3 | 6 | 39 | 57 |
| EPS in Rs | 610.00 | 900.00 | 1,350.00 | 1,650.00 | 3.12 | 19.82 | 28.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 56% | 94% | 59% | ||
| Compounded Profit Growth | % | 99% | 158% | 45% | ||
| Stock Price CAGR | % | % | % | -50% | ||
| Return on Equity | % | 44% | 46% | 46% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.02 | 0.02 | 20 | 20 | 20 |
| Reserves | 7 | 8 | 11 | 15 | 28 | 68 | 142 |
| Borrowings | 1 | 3 | 3 | 2 | 10 | 8 | 44 |
| Other Liabilities | 18 | 23 | 21 | 22 | 23 | 113 | 180 |
| Total Liabilities | 26 | 35 | 35 | 39 | 80 | 208 | 386 |
| Fixed Assets | 5 | 8 | 7 | 7 | 19 | 30 | 67 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Other Assets | 21 | 26 | 27 | 32 | 61 | 178 | 319 |
| Total Assets | 26 | 35 | 35 | 39 | 80 | 208 | 386 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5 | 3 | 3 | -5 | 24 | -4 | |
| Cash from Investing Activity | -6 | -1 | -3 | -13 | -14 | -45 | |
| Cash from Financing Activity | 2 | -1 | -1 | 35 | -2 | 54 | |
| Net Cash Flow | 1 | 2 | -1 | 16 | 9 | 4 | |
| Free Cash Flow | 1 | 3 | 1 | -19 | 9 | -50 | |
| CFO/OP | 149% | 59% | 56% | -45% | 47% | 10% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 36 | 14 | 11 | 38 | 40 | 36 | 95 |
| Inventory Days | 48 | 51 | 30 | 22 | 12 | 51 | 34 |
| Days Payable | 141 | 118 | 67 | 88 | 48 | 90 | 88 |
| Cash Conversion Cycle | -57 | -53 | -26 | -28 | 5 | -3 | 41 |
| Working Capital Days | 18 | 1 | 6 | 22 | 46 | 31 | 49 |
| ROCE % | 28% | 31% | 33% | 23% | 70% | 56% |
| Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 73.64% | 73.64% | 74.26% | 72.97% | 72.52% | 72.62% | 72.62% |
| FIIs | 1.42% | 0.46% | 0.32% | 0.79% | 0.00% | 0.00% | 0.00% |
| DIIs | 3.44% | 0.15% | 0.11% | 0.11% | 0.56% | 0.46% | 0.47% |
| Public | 21.49% | 25.75% | 25.31% | 26.13% | 26.92% | 26.93% | 26.91% |
| No. of Shareholders | 1,126 | 2,993 | 3,737 | 4,117 | 4,914 | 5,269 | 5,368 |
Fundamentals
Market Cap₹ 463 Cr.
Current Price₹ 230
Stock P/E8.16
Book Value₹ 80.3
ROCE56.1 %
ROE45.5 %
Dividend Yield0.04 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)59%
Compounded Profit Growth (TTM)45%
Standalone figures.
Valuation
Market capRs 457 Cr
Enterprise valueRs 454 Cr
P/E (TTM)138.50x
Price to book31.26x
Price to sales4.86x
EV / EBITDA70.90x
EV / EBIT88.94x
EV / sales4.83x
Price to cash flow180.65x
Earnings yield0.72%
Profitability
Operating margin (excl. other income)6.39%
Operating margin (incl. other income)6.82%
EBITDA margin6.82%
Pre-tax margin4.85%
Net profit margin3.51%
ROE25.63%
ROCE33.00%
ROA8.94%
ROE, 3-year average25.65%
ROCE, 3-year average30.87%
ROA, 3-year average7.54%
ROIC (approx.)30.61%
Tax rate27.63%
Other income / net worth2.74%
Growth
Sales growth (latest year)-4.05%
Profit growth (latest year)22.22%
Sales CAGR, 3 years23.68%
Profit CAGR, 3 years39.33%
Per share
EPS (TTM)Rs 1.64
EPS (latest year)Rs 1,650.00
EPS, 3-year averageRs 1,300.00
Book value per shareRs 7.25
Sales per shareRs 46.65
Cash flow per shareRs 1.25
Free cash flow per shareRs -24.80
Efficiency
Asset turnover2.40x
Fixed asset turnover13.59x
Inventory turnover16.94x
Inventory days22 days
Debtor days38 days
Debtors turnover9.67x
Creditor days88 days
Cash conversion cycle41 days
Working capital days49 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 5 Cr
Net debtRs -3 Cr
Debt to equity0.15x
Net debt / EBITDA-0.40x
Interest coverage9.29x
Owners' fund to total sources37.34%
Debt to assets5.70%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -50 Cr
FCFE (approx.: FCF + change in debt)Rs -51 Cr
Cash from ops / profit, 5 years0.19x
Sales to cash flow37.17x
Statement figures
Net sales (TTM)Rs 94 Cr
Net sales (latest year)Rs 94 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 80 Cr
Total expenditure (latest year)Rs 88 Cr
Total income (latest year)Rs 94 Cr
Share capitalRs 0 Cr
ReservesRs 15 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 39 Cr
Net blockRs 7 Cr
ReceivablesRs 10 Cr
InventoryRs 5 Cr
Other liabilitiesRs 22 Cr
Shares outstanding (crore)2.02
Ownership
Promoter holding72.62% (-1.64 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 31.26 is the lowest in 2.8 years (median 86.13).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | APS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.3% | -2.8% | -1.6 pts |
| 1 month | -9.4% | -6.8% | -2.6 pts |
| 3 months | -24.5% | -7.6% | -16.9 pts |
| 6 months | -14.3% | +0.4% | -14.7 pts |
| 1 year | -50.9% | -9.9% | -41.0 pts |
| 2 years | -47.9% | -13.6% | -34.3 pts |
Red flags
F-score 6 of 8| explain | Receivables outrunning sales Receivables grew 242% vs sales -4% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹388 Cr +417.3% vs Mar 2024.
Net profit ₹28 Cr +833.3%.
Against our estimate for Mar 2026: sales -10.2%, profit -24.8% miss.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bharat Heavy Electricals Ltd | 143,931 | 59.2 | 9.14 % |
| ABB India Ltd | 141,142 | 91.6 | 29.9 % |
| Hitachi Energy India Ltd | 136,993 | 115 | 29.4 % |
| CG Power & Industrial Solutions Ltd | 135,183 | 106 | 26.7 % |
| Siemens Ltd | 132,121 | 87.9 | 21.4 % |
| GE Vernova T&D India Ltd | 108,554 | 80.4 | 77.4 % |
| Suzlon Energy Ltd | 53,862 | 17.1 | 34.2 % |
| Thermax Ltd | 39,214 | 71.2 | 13.9 % |
| Schneider Electric Infrastructure Ltd | 28,517 | 147 | 29.6 % |
| TD Power Systems Ltd | 24,386 | 88.7 | 34.0 % |
| Azad Engineering Ltd | 18,820 | 135 | 11.9 % |
| Triveni Turbine Ltd | 17,279 | 49.8 | 34.1 % |
| Atlanta Electricals Ltd | 12,566 | 57.6 | 45.3 % |
| Quality Power Electrical Equipments Ltd | 12,502 | 93.8 | 31.7 % |
| Inox Wind Ltd | 12,357 | 35.9 | 10.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Australian Premium Solar (India) Ltd?
Australian Premium Solar (India) Ltd (APS) has a market capitalisation of Rs 463 Cr. at the 2026-10-01 close.
What is the P/E ratio of Australian Premium Solar (India) Ltd?
Australian Premium Solar (India) Ltd trades at a P/E of 8.16 on trailing twelve-month profit, at the 2026-10-01 close.
What were Australian Premium Solar (India) Ltd's latest quarterly results?
In the Mar 2026 quarter, Australian Premium Solar (India) Ltd sales was Rs 388 Cr (+417.3% vs Mar 2024) and net profit was Rs 28 Cr.
What is the 52-week high and low of Australian Premium Solar (India) Ltd?
The 52-week high is Rs 543.95 and the 52-week low is Rs 225.00.