Apex Frozen Foods Ltd. (APEX) AI Stock Analysis

• Market Cap: ₹11.77B
• Dividend Yield: 0.72%
• Average Volume (3M): 27.56K
• Price to Earnings (P/E): 21.6
• Beta (1Y): 1.83
• Revenue Growth: 31.51%
• EPS Growth: 378.33%
• Country: IN
• Employees: 2,917
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 3.23
• Shares Outstanding: 31,250,000
• 10 Day Avg. Volume: 4,326
• 30 Day Avg. Volume: 27,564
• PEG Ratio: -2.40
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 0.84
• P/FCF Ratio: 17.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 40.5
• Revenue Forecast (FY): ₹13.84B

• Rating: 64 Neutral
• Price Target: ₹347.00 ▲(12.75% Upside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is supported by balance-sheet strength and improving cash flow, alongside a strong technical uptrend. It is held back mainly by weakened profitability (very low 2025 net margin and ROE) and a demanding valuation (high P/E with a low dividend yield).

Positive Factors

Strong balance sheet

An equity ratio around 80.6% with improving debt metrics provides durable financial flexibility. A large equity base reduces refinancing and solvency risk, enabling the company to absorb export demand swings, fund capex for processing capacity and avoid distress financing over the medium term.

Negative Factors

Weak profitability / low ROE

Profits compressed to roughly 0.5% net margin and ROE near 0.8% in 2025, showing weak conversion of sales into shareholder returns. Sustained low profitability limits reinvestment, dividend potential and the ability to scale margins, undermining long-term capital efficiency.

Apex Frozen Foods Ltd. Business Overview & Revenue Model

Company Description

Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps. The company provides ready-to-cook white leg and black tiger shrimps, which include head on and whole, headless and shell-on, easy peel, peeled, and coo...

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Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps. The company provides ready-to-cook white leg and black tiger shrimps, which include head on and whole, headless and shell-on, easy peel, peeled, and coo...

How the Company Makes Money

APEX primarily makes money by selling processed, value-added frozen shrimp products to customers in export markets. Revenue is generated from (i) processing and exporting frozen shrimp (the core stream), where APEX procures shrimp raw material, pe...

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APEX primarily makes money by selling processed, value-added frozen shrimp products to customers in export markets. Revenue is generated from (i) processing and exporting frozen shrimp (the core stream), where APEX procures shrimp raw material, pe...

Apex Frozen Foods Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	8.86B	8.14B	7.59B	8.95B	7.98B	7.76B
Gross Profit	2.17B	1.64B	1.58B	2.39B	1.58B	1.23B
EBITDA	526.85M	297.30M	435.41M	909.18M	984.63M	1.09B
Net Income	227.13M	38.77M	145.99M	410.75M	442.85M	606.42M
Balance Sheet
Total Assets	6.31B	6.13B	6.33B	6.78B	6.57B	6.27B
Cash, Cash Equivalents and Short-Term Investments	139.00M	52.28M	98.64M	9.68M	347.34M	7.88M
Total Debt	405.93M	726.50M	1.07B	1.68B	1.68B	1.63B
Total Liabilities	1.21B	1.19B	1.36B	2.09B	2.17B	2.31B
Stockholders Equity	5.09B	4.94B	4.97B	4.68B	4.40B	3.96B
Cash Flow
Free Cash Flow	434.28M	389.84M	-10.34M	249.08M	3.31M	198.32M
Operating Cash Flow	463.52M	437.87M	111.61M	355.43M	129.20M	583.01M
Investing Cash Flow	-83.44M	-25.90M	-82.74M	-104.80M	-140.08M	-440.31M
Financing Cash Flow	-349.14M	-419.91M	-15.58M	-267.39M	37.49M	-137.03M

Apex Frozen Foods Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 307.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:APEX, the sentiment is Positive. The current price of 307.75 is below the 20-day moving average (MA) of 360.57, below the 50-day MA of 362.65, and above the 200-day MA of 278.04, indicating a bullish trend. The MACD of 2.73 indicates Negative momentum. The RSI at 51.86 is Neutral, neither overbought nor oversold. The STOCH value of 55.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:APEX.

Apex Frozen Foods Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKMEGGPROD	65 Neutral	₹8.32B	9.32	―	0.36%	12.43%	29.17%
APEX	64 Neutral	₹11.77B	21.59	―	0.72%	31.51%	378.33%
MAGADSUGAR	63 Neutral	₹6.93B	7.06	―	2.49%	8.96%	-19.55%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
KRISHIVAL	60 Neutral	₹8.24B	36.20	―	0.06%	97.10%	40.93%
FOODSIN	54 Neutral	₹3.94B	296.89	―	0.43%	11.46%	-0.46%
SARVESHWAR	52 Neutral	₹4.29B	14.95	―	―	29.26%	46.09%