Apex Frozen Foods
- Market cap
- ₹ 935 Cr.
- P/E
- 19.3x
- P/B
- 1.84x
- 52-week range
- 232 – 514.5
- ROE
- 8%
- ROCE
- 10%
- Dividend yield
- 0.8%
- Debt / equity
- 0.01
- Sector
- Food Products
- Industry
- Seafood
- Listed on
- NSE, BSE
About
Apex Frozen Foods Limited is an India-based company, which is an integrated producer and exporter of shelf-stable quality aquaculture products. The Company operates through the shrimp processing segment. It produces two kinds of shrimps, namely the Whiteleg shrimp (Litopenaeus Vannamei) and the Black Tiger Shrimp (Penaeus monodon). Its output comprises variants of processed Vannamei shrimp (White shrimp) and are sold under the brands owned by its customers and through its brands, namely Bay fresh, Bay Harvest and BayPremium. The Company supplies ready-to-cook products to a diversified customer base consisting of retail chains, restaurants, club stores and distributors spread across multiple geographies in the United States of America, United Kingdom, and various European countries. Its Litopenaeus vannamei product includes peeled, deveined, tail-on; peeled un-deveined, tail-on; peeled, un-deveined, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Seafood: 9 companies →Apex Frozen Foods against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)19.3 against a typical 19.3: in line than most peers (1st = cheapest).5th of 9
- Sales growth−0.4% against a typical +4.4% from a year earlier.5th of 7
- Profit growth+144.4% against a typical +33.3% from a year earlier.1st of 7
- Share price, 3 months−19.4% against a typical −2.1%.6th of 8
- Size₹ 934.7 Cr. market value against a typical ₹ 146.4 Cr. (1st = largest).1st of 8
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the un-audited financial results for the period ended Jun 30, 2026 |
| 30 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 11 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 8 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the un-audited financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 241 | 148 | 162 | 186 | 200 | 231 | 197 | 258 | 238 | 264 | 168 | 257 |
| Expenses | 222 | 140 | 160 | 175 | 196 | 227 | 191 | 243 | 227 | 251 | 155 | 226 |
| Operating Profit | 19 | 8 | 1 | 11 | 4 | 4 | 7 | 15 | 11 | 13 | 13 | 30 |
| OPM % | 8% | 6% | 0.8% | 6% | 2% | 1.7% | 3.3% | 6% | 4.8% | 5% | 8% | 12% |
| Other Income | 1 | 1 | 1 | 0 | 1 | 2 | 1 | 3 | 9 | 4 | 4 | 3 |
| Interest | 3 | 2 | 2 | 2 | 3 | 3 | 1 | 2 | 1 | 1 | 1 | 0 |
| Depreciation | 5 | 3 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 5 | 4 |
| Profit before tax | 11 | 4 | 0 | 5 | −2 | 0 | 3 | 13 | 16 | 13 | 11 | 29 |
| Tax % | 27% | 17% | −27% | 25% | −19% | 5% | 30% | 30% | 24% | 24% | 30% | 24% |
| Net Profit | 8 | 3 | 0 | 4 | −2 | 0 | 2 | 9 | 12 | 10 | 8 | 22 |
| EPS in Rs | 2.67 | 0.95 | −0.12 | 1.22 | −0.53 | −0.07 | 0.63 | 2.91 | 3.8 | 3.23 | 2.49 | 6.93 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 4%
- 5 Years
- 3%
- 3 Years
- −5%
- TTM
- 5%
- 10 Years
- 7%
- 5 Years
- −3%
- 3 Years
- 3%
- TTM
- 440%
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 24%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 5%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Apex Frozen Foods | ₹ 304.85 | ₹ 935 Cr. | 19.3x | 1.8x | 8% | — |
| Heritage Foods | ₹ 348.85 | ₹ 3,237 Cr. | 21.4x | 2.8x | 14.6% | 3.3% |
| Venky's (India) | ₹ 1,580.00 | ₹ 2,222 Cr. | 14.7x | 1.3x | 9.1% | 3.7% |
| Waterbase | ₹ 40.90 | ₹ 170 Cr. | — | 1.3x | −9.9% | −4.2% |
| Zeal Aqua | ₹ 9.72 | ₹ 123 Cr. | 10.2x | 1.4x | 14.7% | 2.1% |
| Modern Dairies | ₹ 40.80 | ₹ 116 Cr. | 17.6x | 1.6x | 10.2% | 1.4% |
Management
- Karuturi Satyanarayana Murthy
- Executive Chairman of the Board, Managing Director
- Swathi Reddy Billuri
- Company Secretary and Compliance Officer
- Karuturi Subrahmanya Chowdary
- Managing Director, Executive Director
- Karuturi Neelima Devi
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.