Aplab Ltd Stock Price Today (NSE: APLAB)

Aplab Ltd

32.50+0.00 (+0.00%)
Market Open

Fundamental Score

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Aplab Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Aplab Ltd share price today is 32.50, up +0.00% on NSE/BSE as of 19 June 2026. Aplab Ltd (APLAB) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of 184.28 (Cr). The 52-week high for APLAB share price is 32.50 and the 52-week low is 32.50. At a P/E ratio of 169.07x, APLAB is currently trading above its industry average P/E of 33.84x. The company has a Return on Equity (ROE) of 2.95% and a debt-to-equity ratio of 1.42.

Aplab Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
32.50
Low
32.50
Volume
0
Change
+0.00%

Aplab Ltd share price chart: 0.00% return over the past month. 52-week high ₹32.50, 52-week low ₹32.50.

Aplab Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)
32.5032.5032.5032.500.00 (Cr)

Aplab Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%
32.5032.5032.5032.50+0.00%

AI Research Briefing

Powered by Gemini · 2026-04-13

Overvalued micro-cap banking on government tailwinds with stretched financials and significant promoter selling.

Research Confidence
4.0/10Low
GOVT CAPEX DARK HORSEConsolidation - 1M: -5.03%, 3M: 34.19%, 6M: 73.72%Expensive - P/E of 169.07x vs industry P/E of 33.84x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Aplab held an EGM on April 18, 2026. Compliance certificates for the period ended March 31, 2026, were issued.

CORE STORY (THE REAL GAME)

Aplab is a micro-cap play on the Indian government's push for domestic manufacturing in the electrical equipment sector. The market is likely pricing in potential order wins related to infrastructure development and power sector upgrades.

Why Now
  • Government focus on domestic electrical equipment manufacturing
  • Potential for order wins in banking and power sectors
  • Recent EGM and compliance filings
Potential Catalysts
  • Significant new order announcements
  • Improvement in financial metrics (interest coverage, debt/equity)
  • Increased promoter holding
Key Risks
  • Micro/SME cap implies liquidity risk
  • High P/E ratio relative to industry
  • Negative interest coverage and high debt/equity
Institutional Activity

Promoter has decreased holding by 23.77%.

Macro Context

Government infrastructure spending is a tailwind, but regulatory changes can create uncertainty.

Order Book / Expansion

Aplab was L2 in a tender for a PSU bank contract worth ₹57 crore in July 2024, eligible for 40% of the order. No major new order news found after live search.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹14.16 Cr, but recent profitability is weak.

3–6 Month Outlook

Dependent on securing and executing orders to justify valuation. Financial restructuring needed to improve solvency.

Primary Thesis Risk

Overvaluation and weak financials make this a risky bet dependent on government contracts.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.95%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-8.82%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

5.58%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Aplab Ltd Valuation Check

Poor

Price to Earnings (P/E)

169.07x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.84x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

43.83%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.01%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

22.69%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

5.23%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

25.18%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

4.35%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

15.67%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

15.87%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.42x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-0.49x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

14.16 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Aplab Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of APLAB across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Strong Revenue Growth (25.18%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (15.67% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (15.87% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Risk Factors

9 factors identified

Below-Average Return on Equity (2.95%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-8.82%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 169.07x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Growth History (4.35% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Elevated Debt Levels (D/E: 1.42)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (-0.49x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Limited Institutional Interest (FII+DII: 0.01%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

High Share Pledging Risk (22.69%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Aplab Ltd vs Other Electrical Equipment Peers

Peer Comparison - Other Electrical Equipment

Compare Aplab Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
0/100
33
₹184.28
169.1
Average
2.95%
Poor
-8.82%
Poor
1.4
Average
15.87%
Excellent
4.35%
Average
0.00%
71.5/100
3085
₹91438.11
33.8
Average
27.42%
Excellent
34.94%
Excellent
0.3
Excellent
113.45%
Excellent
48.57%
Excellent
0.06%
64.5/100
1046
₹44040.04
36.9
Average
53.55%
Excellent
41.12%
Excellent
0.5
Excellent
90.49%
Excellent
47.08%
Excellent
0.10%
65.3/100
13426
₹36085.34
38.4
Average
19.50%
Good
32.70%
Excellent
0.1
Excellent
43.37%
Excellent
20.14%
Excellent
0.57%
74.9/100
941
₹10979.37
31.1
Average
65.56%
Excellent
82.31%
Excellent
0.1
Excellent
142.51%
Excellent
208.91%
Excellent
0.09%
58.9/100
319
₹9570.41
20.2
Average
17.49%
Good
19.21%
Good
0.9
Good
25.78%
Excellent
18.16%
Excellent
0.78%
Vikram Solar...
VIKRAMSOLR544488
47.4/100
201
₹9346.40
35.8
Average
16.57%
Good
26.45%
Excellent
0.1
Excellent
46.46%
Excellent
15.86%
Excellent
0.00%
29.8/100
198
₹7856.11
127.2
Average
0.00%
54.2/100
1497
₹6368.58
72.8
Average
10.35%
Average
12.76%
Average
0.3
Excellent
39.01%
Excellent
11.34%
Good
0.00%
67.8/100
1925
₹5112.09
22.1
Average
48.35%
Excellent
42.31%
Excellent
0.5
Excellent
188.74%
Excellent
115.44%
Excellent
0.00%
76.3/100
4075
₹4654.72
26.2
Average
52.93%
Excellent
71.30%
Excellent
0.0
Excellent
151.28%
Excellent
54.29%
Excellent
0.31%

Aplab Ltd PE Ratio History

Historical price-to-earnings ratio for APLAB — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.35₹32.5092.8x
FY 20230.12₹32.50264.6x
FY 20220.12₹32.50278.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Aplab Ltd Quarterly Performance

Latest quarterly metrics for APLAB — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

25.18%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

5.23%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

4.35%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

15.87%

Compounded annual net profit growth over 5 years

Aplab Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for APLAB — calculated from daily price history

100RSI 14
Overbought — RSI 100

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
33
▼ Price below SMA 50 — Short-term bearish
SMA 200
33
▼ Price below SMA 200 — Long-term downtrend

Technical indicators are for educational purposes only. Not investment advice.

Aplab Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Aplab Ltd (APLAB) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Aplab Ltd

About APLAB (Aplab Ltd)

Aplab Ltd (APLAB) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Other Electrical Equipment sector with a curr...ent market capitalisation of ₹184.28 (Cr). Aplab Ltd has delivered a Return on Equity (ROE) of 2.95% and a ROCE of -8.82%. The debt-to-equity ratio stands at 1.42, reflecting the company's capital structure. Investors tracking APLAB share price can monitor key metrics including P/E ratio, promoter holding of 43.83%, and quarterly earnings growth.

Company Details

Symbol:APLAB
Industry:Other Electrical Equipment
Sector:Other Electrical Equipment
Website:N/A

APLAB Share Price: Frequently Asked Questions

What is the current share price of Aplab Ltd?

Aplab Ltd (APLAB) trades at ₹32.50 on NSE and BSE. Market cap ₹184.28 (Cr). Educational data only.

What is the P/E ratio of Aplab Ltd?

Aplab Ltd has a P/E of 169.07x vs industry average 33.84x.

What is the Bull Run score for Aplab Ltd?

Aplab Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.

Does Aplab Ltd pay dividends?

Aplab Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Aplab Ltd?

Aplab Ltd has ROE of 2.95%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Aplab Ltd?

Aplab Ltd has debt-to-equity of 1.42.

Is Aplab Ltd a good investment?

Bull Run gives Aplab Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.