APEXECO

Apex Ecotech Limited

Listed company · ISIN INE0T4V01015 · NSE SM · FV ₹10
Last price
₹241
+0.35%today
What this company does

Apex Ecotech Limited is a listed company. It booked ₹116 cr of revenue in its latest half year (H2 FY26) and kept 12.4% of sales as profit.

75out of 100
Equitytale Health Score
Solid

Healthier than 75% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 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)
44

At close. Not part of the score.

Profitability & returns92

How much profit it earns on the money it employs

Balance sheet88

How much it owes, and whether earnings cover the interest

Cash quality36

Whether reported profit actually arrives as cash

Valuation50

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Looks broadly healthy
Strengths
✓ Makes a profit
✓ Sales up 136% vs last year
✓ Profit up 106% vs last year
✓ Promoters hold 69%
✓ No promoter shares pledged
✓ Strong 58% return on equity
✓ Virtually debt-free
Watch-outs
None flagged from our data

What if I invest in APEXECO?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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 half year + price
₹241▲ +0.35%
latest close · 2026-11-04
52-wk low ₹21573 sessions so far52-wk high ₹297
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 ratio11.0Low
LowAverageHigh
P/B ratio6.35High
Below bookModerateHigh
EV / EBITDA7.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity57.7%Strong
WeakFairStrong ▸15%
Return on capital59.6%Strong
WeakFairStrong
Net margin12.4%Decent
ThinDecentStrong
EBITDA margin16.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover228.7×Strong
RiskyOkayStrong ▸5×
Current ratio3.56Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹318 cr
Book value
₹38
EPS
₹10.96
latest half year
Net debt
₹-34 cr
more cash than debt
Enterprise value
₹284 cr
EBITDA
₹39 cr
annualised
EBIT
₹39 cr
annualised
Operating margin
16.7%
Return on assets
32.4%
Earnings yield
9.09%
P/S
1.37
Sales / share
₹176.1
Tax rate
25.2%
Face value
₹10
Shares
1.3 cr
Working capital
₹62 cr
Current assets
₹86 cr
Current liabilities
₹24 cr
Delivery %
91.3%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹46–₹99, midpoint ₹74

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 · H2 FY26 (consolidated)
Revenue from Operations₹116 cr
Other Income₹74.7 L
Total Income₹117 cr
Cost of Materials₹88 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹5 cr
Finance Costs₹8.5 L
Other Expenses₹5 cr
Total Expenses₹98 cr
Profit before Tax₹19 cr
Tax Expense₹5 cr
Net Profit₹14 cr
Net margin on total income12.4%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹88 cr75.0%
Employee benefit expense₹5 cr4.4%
Finance costs₹8.5 L0.1%
Other expenses₹5 cr4.0%
Tax expense₹5 cr4.2%
Profit for the period₹14 cr12.4%
Total income ₹117 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH2 FY25H1 FY26H2 FY26
Revenue49 cr33 cr116 cr
Total income50 cr33 cr117 cr
Expenses40 cr30 cr98 cr
Profit before tax9 cr3 cr19 cr
Tax2 cr86.9 L5 cr
Net profit (owners' share)7 cr3 cr14 cr
Net margin (owners' share, on revenue)14.2%7.9%12.4%
EPS (₹)6.311.9510.96
YoY (latest quarter): total income +134.8% · net profit +106.1%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹89 cr
Shareholder equity
₹50 cr
parent shareholders
Total debt
₹1 cr
Cash
₹35 cr
Who owns it · 2026-09-30
No pledge
Promoter
69.3%
FII / Foreign
—
DII / Domestic
8.3%
Retail / others
22.4%
What shareholders were asked to approve

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 · 26 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the company for the financial year ended on March 31, 2026, together with the reports of the Board of Directors (‘the board’) and Auditor thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.05 L votes for, 0 against
2
To re-appoint Mr. Ajay Raina, Director (DIN: 02042979) who retires by rotation and being eligible, offers himself for re-appointment as a Director.
Backed by 100% of shareholders other than promotersneeded 50%
3.05 L votes for, 0 against
3
To re-appoint Mr. Ramakrishnan Balasundaram Aiyer, Director (DIN: 02321328) who retires by rotation and being eligible, offers himself for re-appointment as a Director.
Backed by 100% of shareholders other than promotersneeded 50%
3.05 L votes for, 0 against
4
To Re-appoint Statutory Auditors of the Company for a term of four consecutive years and to authorise the Board of Directors to fix their remuneration.
Backed by 100% of shareholders other than promotersneeded 50%
3.05 L votes for, 0 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 — 34 named members
owning 69.3% between them · as of 2026-09-30
ANUJ DOSAJH20.93%
RAMAKRISHNAN BALASUNDARAM AIYER20.93%
AJAY RAINA13.72%
LALIT MOHAN DATTA13.72%
Aryaman Dosajh0.01%
Madan Mohan Arora0.01%
Aishwarya Aiyerno shares
Aishwarya D Magoono shares

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹26 cr raised in Nov 2024 by selling shares to the public

As of Mar 2025, the company says it has spent 99% of what it set aside, leaving ₹17.6 L still to be spent.

Working Capital Requirements
100%
₹17 cr of ₹17 cr
General Corporate Purposes
97%
₹6 cr of ₹6 cr
Public Issue Expenses
100%
₹2 cr of ₹2 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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