In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Apex Frozen Foods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NSEI:APEX - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	6,952	47	-142	-65	N/A
6/30/2024	7,363	148	N/A	N/A	N/A
3/31/2024	8,041	146	-10	112	N/A
12/31/2023	8,543	109	N/A	N/A	N/A
9/30/2023	9,367	157	840	1,111	N/A
6/30/2023	10,047	210	N/A	N/A	N/A
3/31/2023	10,703	359	985	1,212	N/A
12/31/2022	10,465	472	N/A	N/A	N/A
9/30/2022	10,422	479	260	339	N/A
6/30/2022	10,000	563	N/A	N/A	N/A
3/31/2022	9,262	411	249	355	N/A
12/31/2021	8,894	421	N/A	N/A	N/A
9/30/2021	8,279	359	-121	4	N/A
6/30/2021	8,230	391	N/A	N/A	N/A
3/31/2021	8,188	443	3	129	N/A
12/31/2020	7,772	451	N/A	N/A	N/A
9/30/2020	8,164	641	615	644	N/A
6/30/2020	8,235	608	N/A	N/A	N/A
3/31/2020	8,271	606	198	583	N/A
12/31/2019	8,504	599	N/A	N/A	N/A
9/30/2019	8,711	500	-119	-76	N/A
6/30/2019	8,573	479	N/A	N/A	N/A
3/31/2019	8,747	608	-609	490	N/A
12/31/2018	9,139	723	N/A	N/A	N/A
9/30/2018	9,607	814	N/A	N/A	N/A
6/30/2018	9,715	810	N/A	N/A	N/A
3/31/2018	9,986	791	N/A	330	N/A
12/31/2017	9,596	672	N/A	N/A	N/A
3/31/2017	6,987	251	N/A	144	N/A
3/31/2016	6,035	189	N/A	366	N/A
3/31/2015	5,994	184	N/A	123	N/A
3/31/2014	5,143	134	N/A	94	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if APEX's forecast earnings growth is above the savings rate (6.7%).

Earnings vs Market: Insufficient data to determine if APEX's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if APEX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if APEX's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if APEX's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if APEX's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 20:15
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apex Frozen Foods Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nitin Awasthi	CGS International
Depesh Kashyap	Equirus Securities Private Limited
Vincent Andrews	Geojit Financial Services Ltd.

Apex Frozen Foods Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased to ₹573

Price target decreased to ₹573

Price target increased to ₹811

Price target increased to ₹721

Recent updates

Apex Frozen Foods (NSE:APEX) Is Reinvesting At Lower Rates Of Return

Second quarter 2025 earnings released: ₹0.53 loss per share (vs ₹2.67 profit in 2Q 2024)

Apex Frozen Foods Limited to Report Q2, 2025 Results on Nov 12, 2024

Apex Frozen Foods Limited Declares Final Dividend for the Financial Year 2023-24

New major risk - Revenue and earnings growth

Apex Frozen Foods (NSE:APEX) Is Reducing Its Dividend To ₹2.00

Dividend reduced to ₹2.00

Apex Frozen Foods Limited, Annual General Meeting, Sep 27, 2024

First quarter 2025 earnings released: EPS: ₹1.22 (vs ₹1.17 in 1Q 2024)

Apex Frozen Foods Limited to Report Q1, 2025 Results on Aug 10, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Shareholders Should Be Pleased With Apex Frozen Foods Limited's (NSE:APEX) Price

Insufficient new directors

Investor sentiment improves as stock rises 18%

Apex Frozen Foods Limited Recommends Final Dividend for the Fiscal Year Ended March 31, 2024

Apex Frozen Foods Limited to Report Q4, 2024 Results on May 24, 2024

Third quarter 2024 earnings released: EPS: ₹0.95 (vs ₹2.48 in 3Q 2023)

Investor sentiment deteriorates as stock falls 17%

Apex Frozen Foods Limited to Report Q3, 2024 Results on Feb 10, 2024

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: ₹2.67 (vs ₹4.35 in 2Q 2023)

Apex Frozen Foods Limited to Report Q2, 2024 Results on Nov 11, 2023

Apex Frozen Foods Limited Declares Final Dividend for the Financial Year 2022 to 2023

Upcoming dividend of ₹2.50 per share at 1.1% yield

Apex Frozen Foods Limited, Annual General Meeting, Sep 30, 2023

We Think Apex Frozen Foods (NSE:APEX) Can Stay On Top Of Its Debt

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: ₹1.17 (vs ₹5.94 in 1Q 2023)

Apex Frozen Foods Limited to Report Q1, 2024 Results on Aug 14, 2023

Full year 2023 earnings released: EPS: ₹11.48 (vs ₹13.15 in FY 2022)

Apex Frozen Foods Limited to Report Q4, 2023 Results on May 30, 2023

Does Apex Frozen Foods (NSE:APEX) Have A Healthy Balance Sheet?

Third quarter 2023 earnings released: EPS: ₹2.48 (vs ₹2.71 in 3Q 2022)

Apex Frozen Foods Limited to Report Q3, 2023 Results on Feb 04, 2023

Apex Frozen Foods Limited Appoints Karuturi Subrahmanya Chowdary as Chief Financial Officer

Price target decreased to ₹573

Price target decreased to ₹573

Second quarter 2023 earnings released: EPS: ₹4.35 (vs ₹7.05 in 2Q 2022)

Apex Frozen Foods Limited to Report Q2, 2023 Results on Oct 28, 2022

Apex Frozen Foods (NSE:APEX) Seems To Use Debt Quite Sensibly

First quarter 2023 earnings released: EPS: ₹5.94 (vs ₹1.05 in 1Q 2022)

Apex Frozen Foods Limited to Report Q1, 2023 Results on Aug 06, 2022

Apex Frozen Foods Limited Approves the Final Dividend for the Financial Year 2021-22

Full year 2022 earnings released: EPS: ₹13.15 (vs ₹14.17 in FY 2021)

Full year 2022 earnings released: EPS: ₹13.15 (vs ₹14.17 in FY 2021)

Apex Frozen Foods Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

Apex Frozen Foods Limited to Report Q4, 2022 Results on May 23, 2022

Investor sentiment deteriorated over the past week

Apex Frozen Foods (NSE:APEX) Could Be Struggling To Allocate Capital

Price target increased to ₹811

Here's Why Apex Frozen Foods (NSE:APEX) Has A Meaningful Debt Burden

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Apex Frozen Foods Limited to Report Q3, 2022 Results on Feb 14, 2022

Apex Frozen Foods (NSE:APEX) Could Be Struggling To Allocate Capital

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹7.05 (vs ₹8.06 in 2Q 2021)

Price target increased to ₹721

Investor sentiment improved over the past week

Less than half of directors are independent

Apex Frozen Foods (NSE:APEX) May Have Issues Allocating Its Capital

First quarter 2022 earnings released: EPS ₹1.05 (vs ₹2.71 in 1Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Is Apex Frozen Foods (NSE:APEX) Using Too Much Debt?

Full year 2021 earnings released: EPS ₹14.17 (vs ₹19.41 in FY 2020)

Non Executive Independent Director Mantena Raju has left the company

A Look At The Intrinsic Value Of Apex Frozen Foods Limited (NSE:APEX)

Is Apex Frozen Foods (NSE:APEX) Using Too Much Debt?

Should Apex Frozen Foods Limited (NSE:APEX) Be Part Of Your Dividend Portfolio?

New 90-day low: ₹259