BSE:517096

Stock Analysis Report

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Executive Summary

Aplab Limited manufactures, sells, and services electronic equipment worldwide.


Snowflake Analysis

Slightly overvalued with weak fundamentals.

Share Price & News

How has Aplab's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 517096 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.2%

517096

4.0%

IN Electronic

7.4%

IN Market


1 Year Return

-48.0%

517096

-4.6%

IN Electronic

-17.6%

IN Market

Return vs Industry: 517096 underperformed the Indian Electronic industry which returned -4.3% over the past year.

Return vs Market: 517096 underperformed the Indian Market which returned -18.2% over the past year.


Shareholder returns

517096IndustryMarket
7 Day0.2%4.0%7.4%
30 Day0.2%-0.4%6.7%
90 Day-14.2%-16.3%-11.1%
1 Year-48.0%-48.0%-3.5%-4.6%-16.0%-17.6%
3 Year-79.8%-79.8%46.9%41.8%-5.4%-10.4%
5 Year-82.1%-82.1%120.8%108.5%19.3%8.0%

Price Volatility Vs. Market

How volatile is Aplab's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Aplab undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 517096 (₹4.91) is trading below our estimate of fair value (₹15.05)

Significantly Below Fair Value: 517096 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 517096 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: 517096 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 517096's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 517096 has negative assets, so we can't compare its PB Ratio to the IN Electronic industry average.


Next Steps

Future Growth

How is Aplab forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.6%

Forecasted Tech industry annual growth in earnings


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 Aplab 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.


Next Steps

Past Performance

How has Aplab performed over the past 5 years?

46.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 517096 is currently unprofitable.

Growing Profit Margin: 517096 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 517096 is unprofitable, but has reduced losses over the past 5 years at a rate of 46.3% per year.

Accelerating Growth: Unable to compare 517096's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 517096 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (13.9%).


Return on Equity

High ROE: 517096's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Aplab's financial position?


Financial Position Analysis

Short Term Liabilities: 517096 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 517096 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 517096 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 517096's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 517096 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 517096 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Aplab's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 517096's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 517096's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 517096's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 517096's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 517096 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 517096's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average board tenure


CEO

Prabhakar Deodhar (85yo)

5.08yrs

Tenure

Mr. Prabhakar Shankar Deodhar, BE, FIEEE, FIETE, FIE, is the Founder of APLAB Group which he started as a private R & D Lab in 1963-64. Mr. Deodhar has been the Executive Chairman and Managing Director of  ...


Board Members

NamePositionTenureCompensationOwnership
Prabhakar Deodhar
Chairman & MD5.08yrsno data14.3% 3.5m
Shailendra Hajela
Independent Director1.33yrs₹30.00kno data
Amrita Deodhar
Non-Executive Director8.42yrs₹120.00k24.35% 6.0m
Dinesh Kotecha
Additional Independent Director0.083yrno datano data

3.2yrs

Average Tenure

Experienced Board: 517096's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aplab Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aplab Limited
  • Ticker: 517096
  • Exchange: BSE
  • Founded: 1962
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: ₹24.550m
  • Shares outstanding: 5.00m
  • Website: https://www.aplab.com

Location

  • Aplab Limited
  • Aplab House, A-5
  • Wagle Estate
  • Thane
  • Maharashtra
  • 400 604
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517096BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001

Biography

Aplab Limited manufactures, sells, and services electronic equipment worldwide. It provides UPS systems, including industrial and online UPS systems, static transfer switches, frequency converters, and inverter and ultra-isolation transformers; high power DC systems; and solar energy systems, such as PV panel/solar array simulators and intelligent energy controllers. The company also offers power supplies consisting of high power programmable, GPIB programmable and variable output linear, DC lab, high voltage variable linear DC, AC-DC switch mode, fixed output linear, and switch mode inverter/programmable AC power supplies, as well as DC/DC converter systems, stabilizers, line conditioners, isolation transformers, and battery chargers. In addition, it provides test and measurement instruments, which include signal sources and generators, signal/function generators, DDS signal generators, arbitory waveform generators, pulse generators, analog and digital storage oscilloscopes, spectrum analyzers, counters and timers, multifunction and communication test equipment, optical and audio function test equipment, time domain reflectometers, multimeters, trainers, logic analyzers, component testers, and accessories; and banking and retail automation products that comprise self-service cheque deposit terminals. Further, the company provides outsourced professional product design and manufacturing services; energy saving line power systems for factories and offices; and laboratory instruments, such as digital melting point apparatus. It primarily serves the telecommunication, information technology, retail banking, and power control and conditioning sectors. Aplab Limited was incorporated in 1962 and is based in Thane, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 14:12
End of Day Share Price2020/06/03 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.