Aplab (APLAB) share price, P/E, ROE & financials

Aplab (BSE: APLAB) is loss-making over the last 12 months, losing ₹3.07 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹64.00, 48% below its 52-week high. Sales grew 4.3% a year over 3 years. Debt is 1.16× equity. It is a small-cap company with a market cap of ₹241 Cr, ranked 68th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 32% over the past year.

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

past year

Open: ₹62.00
Day high: ₹65.49
Day low: ₹61.99
Prev. close: ₹59.49
Volume: 969

Health check

2 fair · 4 to check

ReturnsBehind
−31.6% over a year, better than 0 of 7 peers.
Price tagLoss-making
Earnings were negative over the last 12 months.
GrowthUnder pressure
Sales +4.3%, profit +130.7% a year over 3 years, but loss-making now.
ProfitabilityAverage
ROCE 19.6% vs peer median 22.1%.
Balance sheetFair
Debt 1.16× equity, interest covered 2.6×, Piotroski 7 of 9.
Red flags5 to check
Loss-making over the last twelve months.

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

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹241 Cr, #68 of 97 in its industry by size.

Moves with the market

Beta 1.02 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Sep 2026: sales ₹46 Cr · profit ₹−3 Cr

Market cap: ₹241 Cr; Small cap
P/E: n/a; Industry 30.0
Price to book: 5.65; Peers 7.24
Dividend yield: 0.00%
ROE: −16.8%; Peers 18.0%
ROCE: 19.6%; Peers 22.1%
Debt to equity: 1.16; Debt ₹20 Cr
EPS (TTM): −₹2.06
OPM (TTM): −12.3%; Net margin −6.7%
Sales growth: −37.6%; Latest quarter vs a year ago
Profit growth: −137.6%; Latest quarter vs a year ago
Price to sales: 5.24; EV/EBITDA −21.0

Risks to check

Loss-making over the last twelve months.
Return on equity is low at −16.8%.
Quarterly profit down 137.6% on a year ago.
Quarterly sales down 37.6% on a year ago.
48% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Aplab

Aplab Limited engages in the manufacture, marketing, sale, and service of electronic equipment in India and internationally. The company provides UPS systems, including industrial and online UPS systems, inverters, static frequency converters, and MIL grade UPS systems. It also offers power supplies consisting of DC lab power, high power, programmable AC power source, regulated DC power supplies, and dual and multi-output DC power supplies, as well as…

Headquarters: Navi Mumbai
Employees: 152
Sector: Industrials
ISIN: INE273A01015
Website: aplab.com

Price range

52 weeks

₹55.00₹122.00

Today

₹61.99₹65.49

Avg volume (3M): 3.7K
1-year return: minus 31.6%
From 52-week high: minus 47.5%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
APLABAplab	64.00	plus 7.58%	241	–	48.3	19.6%	−2.5%	1.16	4.3%	minus 31.6%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
17.3	11.3	14.3	9.6	10.8
14.3	11.3	16.2	12.2	12.1
3.1	0	−1.8	−2.6	−1.3
17.7%	0.0%	−12.6%	−26.6%	−11.8%
0.1	1.5	1.6	0.1	0.6
1	0.3	0.5	0.4	0.5
0.1	0.1	0.1	0.2	0.2
2.1	1.1	−0.9	−3.1	−1.4
22.5%	26.0%	16.1%	17.8%	56.0%
1.6	0.8	−0.7	−2.5	−0.6
1.04	0.42	-0.49	-1.60	-0.39

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +4.3%
Profit CAGR 3Y: +130.7%
EPS CAGR 3Y: +139.6%
ROE: −16.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
51.5	49.5	63.7	58.4
–	minus 3.8%	+28.5%	minus 8.2%
47.4	45	65.6	53.2
4	4.6	−2	5.2
7.8%	9.2%	−3.1%	8.9%
2.2	0.6	2.2	1.9
3.4	3.3	3	2.1
0.4	0.4	0.5	0.5
−2.2	−0.6	−3.4	−1.1
0.2	0.8	−6.6	3.4
–	–	104.0%	26.1%
0.2	0.8	0.3	2.5
–	+290.4%	minus 67.0%	+853.7%
0.12	0.35	0.14	1.69

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10	14	12.6	15.7
−29.8	−6.7	−2.2	4.3
50.2	26	29.8	18.7
45.1	38.1	29.7	19.4
75.5	71.3	70	58.1
7.2	7.4	7.8	9.8
–	0.5	1.2	0.3
0	0.2	0.2	0.2
1.5	1.7	3.7	7.4
66.8	61.5	57.1	40.4
75.5	71.3	70	58.1

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−2.9	0.2	1.9	13.6
0	0.2	−0.7	−2.5
2.6	−0.1	0.7	−7.6
−0.2	0.3	1.8	3.5
−1.5	−0.6	−0.9	−2.9
−4.4	−0.5	1	10.7

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you