APEXFast Moving Consumer Goods

Apex Frozen Foods Limited

Seafood · ISIN INE346W01013 · BSE 540692 · NSE EQ · FV ₹10
Last price
₹351
+0.86%today
What this company does

Apex Frozen Foods Limited operates in Seafood, part of the Fast Moving Consumer Goods sector. It booked ₹257 cr of revenue in its latest quarter (Q1 FY27) and kept 8.4% of sales as profit.

In the report:
75out of 100
Equitytale Health Score
Solid

Healthier than 75% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 36–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Balance sheet92

How much it owes, and whether earnings cover the interest

Cash quality80

Whether reported profit actually arrives as cash

Growth & consistency40

Whether sales and profit have grown, and how steadily

Valuation74

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Profit up 138% vs last year
Promoters hold 73%
No promoter shares pledged
Strong 16% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in APEX?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹351 +0.86%
latest close · 2026-09-17
1-year return
+32.9%
52-wk low ₹23752-wk high ₹441
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.7Low
LowAverageHigh
P/B ratio2.08Moderate
Below bookModerateHigh
EV / EBITDA8.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.4%Strong
WeakFairStrong ▸15%
Return on capital21.4%Strong
WeakFairStrong
Net margin8.4%Decent
ThinDecentStrong
EBITDA margin12.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover115.0×Strong
RiskyOkayStrong ▸5×
Current ratio5.96Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,097 cr
Book value
₹169
EPS
₹6.93
latest quarter
Net debt
₹-13 cr
more cash than debt
Enterprise value
₹1,084 cr
EBITDA
₹132 cr
annualised
EBIT
₹115 cr
annualised
Operating margin
11.2%
Return on assets
14.6%
Earnings yield
7.90%
P/S
1.07
Sales / share
₹328.4
Tax rate
24.2%
Face value
₹10
Shares
3.1 cr
Working capital
₹264 cr
Current assets
₹318 cr
Current liabilities
₹53 cr
Delivery %
43.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹288 vs market price ₹351 — price is 22% above it
Safety cushion-22.0%(target ≥ +20%)
Models span ₹224₹352, midpoint ₹288
Model ₹288
Price ₹351
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹257 cr
Other Income₹3 cr
Total Income₹259 cr
Cost of Materials₹179 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-29 cr
Employee Benefit Expense₹15 cr
Finance Costs₹25.1 L
Depreciation & Amortisation₹4 cr
Other Expenses₹60 cr
Total Expenses₹231 cr
Profit before Tax₹29 cr
Tax Expense₹7 cr
Net Profit₹22 cr
Net margin on total income8.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹151 cr58.1%
Employee benefit expense₹15 cr6.0%
Finance costs₹25.1 L0.1%
Depreciation & amortisation₹4 cr1.6%
Other expenses₹60 cr23.2%
Tax expense₹7 cr2.7%
Profit for the period₹22 cr8.4%
Total income ₹259 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue264 cr168 cr257 cr
Total income268 cr172 cr259 cr
Expenses255 cr161 cr231 cr
Profit before tax13 cr11 cr29 cr
Tax3 cr3 cr7 cr
Net profit (owners' share)10 cr8 cr22 cr
Net margin (owners' share, on revenue)3.8%4.6%8.4%
EPS (₹)3.232.496.93
YoY (latest quarter): total income -0.7% · net profit +138.1%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹593 cr
Shareholder equity
₹528 cr
parent shareholders
Total debt
₹6 cr
Cash
₹18 cr
Cash flow · H1 FY26
Operating
₹46 cr
Investing
₹-8 cr
Financing
₹-35 cr
Peer comparison
Fast Moving Consumer Goods · by market value (sector-level match)
CompanyPriceMarket capP/E
Hindustan Unilever Limited₹1,942₹4.56 L cr42.7
ITC Limited₹266₹3.34 L cr19.0
Nestle India Limited₹1,371₹2.64 L cr68.9
Varun Beverages Limited₹415₹1.41 L cr23.1
Britannia Industries Limited₹4,982₹1.20 L cr50.7
Marico Limited₹817₹1.06 L cr42.0
United Spirits Limited₹1,390₹1.01 L cr104.0
TATA CONSUMER PRODUCTS LIMITED₹1,014₹1.00 L cr58.8
Godrej Consumer Products Limited₹873₹89,325 cr44.3
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.28%
trailing 12 months
Dividend / share (TTM)
₹4.5
Last dividend
₹2.5
ex 10 Sep 2026
ActionDetailEx-date
Dividend₹2.5 / share10 Sep 2026
Dividend₹2 / share19 Sep 2025
Dividend₹2 / share20 Sep 2024
Dividend₹2.5 / share22 Sep 2023
Dividend₹2.5 / share14 Jul 2022
Dividend₹2 / share14 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
72.6%
FII / Foreign
5.8%
DII / Domestic
0.6%
Retail / others
20.9%
Smart-money activity
Insider trades
BoughtKaruturi Subrahmanya Chowdary · Director7,666 · ₹11.9 L23 Mar 20
BoughtKaruturi Subrahmanya Chowdary · Director496 · ₹77,76623 Mar 20
BoughtKaruturi Subrahmanya Chowdary · Director7,170 · ₹11.1 L23 Mar 20
Bulk / block deals
BoughtRAMACHANDRAN RADHAKRISHNAN · NSE1.73 L @ ₹432.1714 Aug 26
SoldRAMACHANDRAN RADHAKRISHNAN · NSE1.55 L @ ₹432.1814 Aug 26
SoldPARTH INFIN BROKERS PVT LTD · NSE1.58 L @ ₹436.8414 Aug 26
Stake changes
SoldNippon Life India Trustee Limited→ 2.93% · 1.04 L9 Aug 23
BoughtReliance Capital Trustee Co Ltd Alc through its various schemes of Reliance Mutual Fund→ 5.09% · 40,66613 May 19
SoldReliance Capital Trustee Co Ltd A/c through various schemes of Reliance Mutual Fund→ 4.41% · 1.00 L8 Dec 17
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
Adoption of the Audited Financial Statements of the Company for the Financial Year 2024-25, together with the report of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
4.23 L votes for, 751 against
2
Declaration of final dividend of Rs. 2.00/- (20%) per Equity Share of Rs. 10/- each to the shareholders for the Financial Year 2024-25.
Backed by 100% of shareholders other than promotersneeded 50%
4.23 L votes for, 630 against
3
Re-appointment of Mrs. Karuturi Neelima Devi (DIN: 06765515),), who retires by rotation, and being eligible, offers herself for re-appointment
Promoters had a personal stake in this
Backed by 59% of shareholders other than promotersneeded 50%
2.50 L votes for, 1.74 L against
4
Appointment of M/s. A S Ramkumar & Associates, As Secretarial Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
4.23 L votes for, 1,151 against
5
Continuation of Mr. Karuturi Satyanarayana Murthy (Din 05107525) as Executive Chairman of The Company on attaining the age of Seventy Years
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 59% of shareholders other than promotersneeded 75%
2.50 L votes for, 1.74 L against
6
Increase of overall limit of Maximum Managerial Remuneration from 16% to 26% of net profits
⚑ Passed only because promoters voted yes
Backed by 47% of shareholders other than promotersneeded 75%
1.98 L votes for, 2.26 L against
7
Re-appointment of Mr. K Satyanarayana Murthy (Din 05107525), as an Executive Director (Designated As Executive Chairman) of the Company & Remuneration payable to him.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 47% of shareholders other than promotersneeded 75%
1.98 L votes for, 2.26 L against
9
Re-appointment of Mrs. Neelima Devi Karuturi (Din 06765515) as Whole Time Director of the Company and Remuneration payable to her
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 47% of shareholders other than promotersneeded 75%
1.98 L votes for, 2.26 L against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 72.6% between them · as of 2026-06-30
KARUTURI SUBRAHMANYA CHOWDARY30.86%
SATYANARAYANA MURTHY KARUTURI28.54%
PADMAVATHI KARUTURI12.98%
VALLEPALLI HANUMANTHA RAO0.09%
ANITHA DEVI SANKURATRI0.08%
KARUTURI NEELIMA DEVI0.08%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.