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APIS INDIA LTD.

Fast Moving Consumer Goods › Food Products
₹51.50
at close · 28 Oct 2026
▼ 2.42 (-4.49%)

Latest filings

Next results: Tue, 27 Oct · Financial Results
  1. APIS India authorises officials for timely exchange disclosures · Compliance
  2. APIS India Q1 FY27 net profit rises 34% despite 24% sales decline · Results
  3. Q1 FY27 revenue falls 24%, consolidated profit after tax rises 34% · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

A 100-year-old honey and FMCG food products company that sells honey, dates (under the MISK Masala Dates range) and jams. FY26 consolidated revenue was ₹390.51 crore, up 11.5% year-on-year, with Q4 FY26 revenue of ₹97.89 crore and Q4 FY26 net profit of ₹10.35 crore (up 27.3% YoY). The company is expanding its jam business with a new 2,400 MT jam facility planned at Roorkee, for which a ₹1.66 crore MoFPI subsidy was approved. Raw materials are the dominant cost at 56.9% of revenue, followed by employee costs at 10.1% and other operating expenses at 20.3%, yielding an FY26 EBITDA margin of 10.64%. Distribution is being strengthened through general trade, with the recent appointment of a National Sales Head-GT Sales. The board also approved a 24:1 bonus issue in December 2025.

Operating scale
FY26 consolidated revenue
₹390.51 croreFY26
Q4 FY26 revenue
₹97.89 croreQ4 FY26
Q4 FY26 net profit
₹10.35 croreQ4 FY26
Planned jam facility capacity
2,400 MT at RoorkeeFY26
MoFPI subsidy approved for jam plant
₹1.66 croreFY26
Cash generated from operations
₹1,413.62 lakhs (up 81.5% YoY)FY26
Who pays it
Indian retail consumers buying honey, dates and jams through general trade distribution channels
Biggest cost
Raw materials at 56.9% of revenue (FY26)
Kind of business
Legacy branded FMCG food company, 100-year-old honey business, expanding into jams and dates
Where it sits
BSE-listed small-cap FMCG food products company with ₹390.51 crore FY26 revenue
Market Cap
₹743 Cr
P / E (TTM)
2.9×
EV / EBITDA
19.3×
Div Yield
—
Growth
7.4%▲
Revenue 5y CAGR
PAT +30.6% · EBITDA +21.2%
Quality
17.6%▲
ROCE (5y median)
ROE 14.6% (5y median) · margin 10.6%
Leverage
0.31·
Debt / Equity · low
Net debt ₹61 Cr
Revenue FY21→FY26
1.4×▲
Margin +4.0 pts
₹273 Cr → ₹391 Cr
Cash conversion
0.66×·
Operating cash ÷ profit · 5 yrs
₹72 Cr on ₹109 Cr
Moves on a normal day
2.33%·
Median daily move
Last 225 sessions · the yardstick for filing-day moves
Where it sits among 30 Other Food Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#2/26
P/B#17/19
ROCE#12/30
ROE#4/21
Debt / Equity#9/21
EBITDA margin#7/21
Revenue growth#9/17
Profit growth#11/20

Scorecard

Measured from the filed financials, judged against its Other Food Products peers · as of FY26 — not investment advice

Strengths
Profit compounding 31% a year over 5 years
Returns on capital 17.6% (5-year median)
#12 of 30 in Other Food Products on the latest reported figures · up from 14.0% in FY21
Debt at 0.31× equity
lower than 60% of its 21 Other Food Products peers
Concerns
Heavy working capital — 174 days of cash tied up
Customers are taking longer to pay — 73 → 122 days of receivables
FY21 → FY26
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from APIS INDIA LTD.'s filed financials and exchange disclosures

What does APIS INDIA LTD. do?

APIS INDIA LTD. is a Food Products company listed on BSE.

Is APIS INDIA LTD. profitable?

Yes. Over the trailing twelve months APIS INDIA LTD. reported a net profit of ₹24 Cr on revenue of ₹391 Cr.

Does APIS INDIA LTD. pay a dividend?

Not in the latest reported year — APIS INDIA LTD.'s dividend payout for FY26 was nil.

Is APIS INDIA LTD. debt-free?

No. It reported borrowings of ₹61 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹61 Cr after cash. Debt stands at 0.31× equity. That is lower than 60% of its 21 Other Food Products peers.

Is APIS INDIA LTD. expensive compared with its peers?

On trailing P/E, APIS INDIA LTD. ranks 2 of 26 in Other Food Products — cheaper than 96% of them, against an industry median of 24.1×. This is a position, not a valuation judgement.

How much does the APIS INDIA LTD. share price move in a day?

On a typical session APIS INDIA LTD. moves 2.33% — that is the median absolute close-to-close move across its last 225 trading days. MarketPing measures each filing's price reaction against it.

When are APIS INDIA LTD.'s next results?

Financial Results on Tue, 27 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track APIS INDIA LTD.'s announcements?

Every NSE and BSE filing by APIS INDIA LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.