Aplab
- Market cap
- ₹ 163 Cr.
- P/E
- 23.2x
- P/B
- 8.23x
- 52-week range
- 55 – 122
- ROE
- 17%
- ROCE
- 14.8%
- Dividend yield
- 0%
- Debt / equity
- 0.94
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- BSE
About
Aplab Limited is an India-based company, which is engaged in the manufacturing, marketing, and sales and servicing of professional electronic equipment business. The Company operates four independent product divisions, such as Test and Measurement Instruments, Power Conversion and Controls, uninterruptible power supply (UPS) Systems, and Banking and Retail Automation. Its products and services include UPS system, power supplies, test and measurement, banking and retail automation, laboratory instruments and design and manufacturing services. Its UPS systems include industrial UPS, static transfer switch (STS), frequency converter, and inverter and ultra isolation transformer, among others. It designs and produces military grade products for the armed forces. The Company serves various market verticals, such as education and research, defense, avionics and space research, telecom and broadcasting services, and retail.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Aplab 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)23.2 against a typical 25.2: cheaper than most peers (1st = cheapest).39th of 80
- Sales growth−37.8% against a typical +32% from a year earlier.64th of 69
- Profit growth−396.5% against a typical +15.9% from a year earlier.63rd of 64
- Share price, 3 months−22.3% against a typical −10.4%.55th of 74
- Size₹ 163.1 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).51st of 77
Financials
Consolidated 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 | 11 | 12 | 18 | 10 | 14 | 16 | 24 | 15 | 17 | 11 | 14 | 10 |
| Expenses | 9 | 11 | 16 | 9 | 13 | 24 | 25 | 14 | 14 | 11 | 16 | 12 |
| Operating Profit | 2 | 1 | 2 | 1 | 1 | −8 | −1 | 2 | 3 | 0 | −2 | −3 |
| OPM % | 14.2% | 6.2% | 9.8% | 8.4% | 4.3% | −50.2% | −5.9% | 11.3% | 17.6% | 0% | −12.7% | −26.6% |
| Other Income | 0 | 0 | −0 | 0 | 2 | 0 | 3 | 0 | 0 | 1 | 2 | 0 |
| Interest | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 2 | −8 | 0 | 1 | 2 | 1 | −1 | −3 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | −3,252.4% | 24.8% | 22.6% | 25.7% | −16.1% | −17.7% |
| Net Profit | 0 | 0 | 0 | 0 | 2 | −8 | 7 | 1 | 2 | 1 | −1 | −3 |
| EPS in Rs | 0.06 | 0.17 | 0.22 | 0.05 | 0.69 | −3.35 | 2.8 | 0.34 | 0.64 | 0.31 | −0.29 | −1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −2%
- 5 Years
- 2%
- 3 Years
- 4%
- TTM
- −24%
- 10 Years
- 8%
- 5 Years
- 53%
- 3 Years
- 2%
- TTM
- −184%
- 10 Years
- 24%
- 5 Years
- 45%
- 3 Years
- 34%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Aplab | ₹ 64.60 | ₹ 163 Cr. | 23.2x | 8.2x | 17% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Ravish N. Modi
- Chief Financial Officer
- Sanjay Niranjan Mehta
- Managing Director, Additional Director
- Nishith P. Deodhar
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.