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On 6 Nov 2026, Artemis Electricals and Projects was priced at ₹14.62, or 43.0× trailing earnings, against an industry P/E of 30.0×, and the shares are 28% below their 52-week high. Its ROCE of 12% is the lowest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 11% and 12% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹367 Cr, ranked 62nd of 97 Electrical Equipment & Parts companies by market cap; the shares fell 20% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹15.36
Day high
₹15.36
Day low
₹14.40
Prev. close
₹14.97
Volume
12.1K

Health check

1 good · 5 to check
  • ReturnsBehind

    −19.6% over a year, better than 1 of 7 peers.

  • Price tagPricier

    P/E 43.0 vs industry 30.0.

  • GrowthSlow

    Sales +11.4%, profit +11.5% a year over 3 years.

  • ProfitabilityWeak

    ROCE 12.4% vs peer median 22.1%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 6 of 9.

  • Red flags1 to check

    Quarterly sales down 17.6% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹367 Cr, #62 of 97 in its industry by size.

High beta

Beta 1.40 vs the NIFTY 50: swings more than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹77 Cr · profit ₹9 Cr
Market cap
₹367 Cr
Small cap
P/E
43.0
Industry 30.0
Price to book
3.94
Peers 7.24
Dividend yield
0.04%
ROE
9.6%
Peers 18.0%
ROCE
12.4%
Peers 22.1%
Debt to equity
0.02
Debt ₹1.71 Cr
EPS (TTM)
₹0.34
Face value ₹1
OPM (TTM)
16.1%
Net margin 11.2%
Sales growth
−17.6%
Latest quarter vs a year ago
Profit growth
−3.1%
Latest quarter vs a year ago
Price to sales
4.76
EV/EBITDA 28.5

Strengths and risks

Strengths

  • Practically debt-free.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Quarterly sales down 17.6% on a year ago.

Derived automatically from reported figures. Not a recommendation.

About Artemis Electricals and Projects

Artemis Electricals and Projects Limited engages in the manufacture and sale of LED lighting and allied products in India. It provides LED focus lights, plastic body panel lights, surface lights, down lights, and AC street lights, as well as flashlights and solar lights. The company's products are used in various applications, such as commercial, residential, government offices, corridor lightings, arterial roads, main roads, multi-level junctions,…

Headquarters
Thane
Employees
16
Sector
Industrials
ISIN
INE757T01025

Price range

52 weeks

₹13.25₹20.25

Today

₹14.40₹15.36
Avg volume (3M)
57.5K
1-year return
minus 19.6%
From 52-week high
minus 27.8%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Company
POWERINDIAHitachi Energy India27,800.00minus 1.42%1,23,911107.795.324.9%16.1%0.0222.2%plus 37.9%
CGPOWERCG Power and Industrial Solutions773.00minus 4.43%1,21,78588.672.519.3%13.1%0.0221.2%plus 8.2%
POLYCABPolycab India7,871.00plus 0.28%1,18,61337.529.030.4%13.6%0.0226.6%plus 3.8%
HAVELLSHavells India1,128.00plus 5.61%70,78942.630.022.1%9.1%0.029.9%minus 28.1%
APARINDSApar Industries14,106.00minus 9.65%59,06541.630.726.7%9.5%0.1217.0%plus 87.2%
KEIKEI Industries3,988.00minus 1.80%38,14336.129.918.7%11.0%0.0419.1%plus 1.8%
HONAUTHoneywell Automation India30,080.00minus 0.79%26,61347.035.715.7%13.8%0.0210.9%minus 17.5%
AEPLArtemis Electricals and Projects14.62minus 2.34%36743.027.912.4%16.1%0.0211.4%minus 19.6%
Median of 7 peers–−1.42%70,78942.630.722.1%13.1%0.0219.1%3.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
19.815.84.340.816.3
17.511.1336.514.1
2.24.71.34.22.2
11.2%29.9%30.4%10.4%13.4%
00.30.10.30
0.10.1000
0.30.30.30.30.3
1.84.714.21.9
28.6%24.9%19.6%26.4%32.8%
1.33.50.83.11.3
0.050.140.030.120.05

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+11.4%
Profit CAGR 3Y
+11.5%
EPS CAGR 3Y
+11.9%
ROE
9.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
58.241.472.380.6
–minus 29.0%+74.9%+11.4%
47.233.661.267.9
117.711.212.7
19.0%18.7%15.4%15.8%
−00.10.60.4
1.710.30.2
1.91.61.31.2
7.45.210.111.7
15.4%25.2%25.3%25.6%
6.33.97.68.7
–minus 37.9%+93.9%+15.2%
0.250.150.300.35

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
25.125.125.125.1
50.553.460.969.5
27.912.22.51.7
24.119.333.345.9
128110122142
8349.167.967.7
67.835.555.756.7
111.11.1
0.50.31.614.7
−24.624.1−4.52.2
128110122142

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
11.721.240.614.6
−7.7−4.5−29.2−0.6
−4−16.7−10.2−1
−001.313.1
−7.1−4.7−29.7−1
4.516.610.913.6
––−0.1–

Shareholding pattern

Source: NSE filings
72.5%
promoters
  • Promoters72.45%
  • Public27.55%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202672.45%27.55%0.00
30 Jun 202672.45%27.55%0.00
31 Mar 202672.45%27.55%0.00
11 Mar 202672.45%27.55%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you