Aplab Ltd

NSE: APLAB BSE: 517096

₹68

-1.25 (1.81%)

Fri, 23 Oct 2026, 02:07 pm

MTF 5xInvest in Aplab Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)164.04

PE Ratio1468.68

Dividend0

Electronic Technology

Electronic Equipment/Instruments

24.5K

Aplab Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-18.49M	-20.38M	-33.52M	-43.75M	-43.39M	-54.22M	-79.20M	-84.68M	-104.43M	-106.26M	-112.37M	-110.30M	-108.00M	-80.41M	-69.28M	-66.56M	-47.76M	-29.62M	-30.23M	-29.92M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	830.30M	900.50M	1.02B	1.14B	1.18B	1.25B	1.17B	1.33B	1.51B	1.28B	1.32B	1.19B	1.06B	1.03B	935.19M	895.22M	664.07M	755.09M	713.44M	699.57M
Total current assets	707.82M	736.38M	823.31M	873.79M	902.17M	980.26M	797.43M	627.59M	674.30M	513.44M	494.36M	373.39M	274.34M	405.49M	665.06M	623.46M	377.91M	442.05M	550.65M	463.86M
Cash and short term investments	45.11M	23.56M	19.78M	25.88M	25.54M	18.18M	24.67M	32.45M	4.33M	-22.60M	60.85M	29.53M	39.41M	35.82M	35.51M	26.31M	18.81M	15.32M	19.07M	37.80M
Cash & equivalents	33.57M	14.31M	8.49M	14.59M	13.89M	5.50M	11.56M	19.48M	4.33M	-22.60M	60.85M	29.53M	39.41M	35.82M	35.51M	26.31M	6.35M	2.77M	7.07M	25.31M
Short term investments	11.54M	9.24M	11.29M	11.29M	11.65M	12.68M	13.11M	12.96M	0	0	0	0	0	0	0	0	12.46M	12.56M	12.00M	12.49M
Total receivables, net	312.48M	309.40M	343.70M	360.04M	308.91M	425.73M	218.98M	138.95M	278.09M	180.88M	203.18M	216.11M	80.16M	211.50M	455.55M	418.39M	196.62M	286.76M	234.72M	228.95M
Accounts receivable - trade, net	272.00M	273.33M	270.69M	309.16M	247.00M	355.81M	208.02M	134.89M	273.81M	177.65M	199.57M	175.55M	60.91M	192.24M	189.28M	152.05M	175.15M	265.18M	232.92M	228.12M
Other receivables	40.48M	36.07M	73.01M	50.88M	61.91M	69.93M	10.95M	4.06M	4.27M	3.24M	3.61M	40.57M	19.26M	19.26M	266.28M	266.34M	21.47M	21.58M	1.80M	833.00K
Total inventory	268.89M	293.82M	340.73M	351.64M	447.89M	417.83M	507.93M	437.02M	358.93M	333.43M	185.99M	119.49M	138.45M	130.28M	163.46M	167.56M	152.85M	129.58M	294.88M	196.01M
Other current assets, total	28.55M	30.94M	33.17M	32.57M	7.18M	1.34M	45.86M	19.17M	32.95M	21.73M	44.34M	8.26M	16.32M	27.89M	10.54M	11.20M	9.64M	10.39M	6.00M	—
Total non-current assets	122.48M	164.12M	193.94M	268.98M	281.53M	268.90M	374.66M	699.11M	837.72M	770.08M	822.00M	815.38M	788.55M	626.88M	270.14M	271.76M	286.16M	313.04M	162.79M	235.71M
Long term investments	311.00K	228.00K	228.00K	268.00K	238.00K	238.00K	69.74M	27.05M	58.42M	40.82M	24.84M	32.38M	3.31M	3.10M	1.40M	1.40M	19.76M	54.86M	2.85M	2.74M
Note receivable - long term	—	—	—	—	—	—	69.50M	26.82M	36.30M	40.59M	24.11M	32.14M	1.83M	1.70M	0	—	—	35.08M	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	21.88M	0	0	0	0	0	0	0	0	0	0	0
Other investments	311.00K	228.00K	228.00K	268.00K	238.00K	238.00K	242.65K	236.15K	236.15K	236.15K	736.15K	236.15K	1.48M	1.40M	1.40M	1.40M	19.76M	19.78M	2.85M	2.74M
Net property/plant/equipment	111.41M	155.81M	188.31M	266.01M	281.28M	266.32M	254.52M	628.97M	581.65M	553.89M	533.07M	519.41M	174.52M	64.69M	71.53M	72.18M	74.90M	72.43M	73.95M	77.93M
Gross property/plant/equipment	269.26M	325.11M	373.78M	471.83M	510.84M	520.06M	512.28M	857.60M	813.45M	803.86M	795.97M	795.65M	399.52M	256.84M	—	—	233.64M	233.44M	233.82M	242.55M
Deferred tax assets	—	—	—	—	—	2.33M	958.82K	409.24K	83.40K	382.52K	1.20M	1.20M	1.20M	1.20M	1.20M	1.20M	1.20M	1.20M	—	62.37M
Net intangible assets	10.73M	8.05M	5.36M	2.68M	0	0	6.27M	1.71M	1.30M	5.05M	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	130.80K	424.39K
Goodwill, net	10.73M	8.05M	5.36M	2.68M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	0	0	0	6.27M	1.71M	1.30M	5.05M	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	130.80K	424.39K
Other long term assets, total	0	0	0	0	0	0	20.84M	9.53M	196.26M	169.94M	262.69M	262.20M	609.32M	557.70M	195.81M	196.78M	190.11M	184.35M	85.86M	92.25M
Short term debt	150.22M	184.95M	213.70M	265.85M	269.66M	415.86M	525.77M	579.86M	640.16M	656.34M	834.95M	780.70M	417.98M	426.47M	713.63M	717.14M	476.16M	502.32M	259.68M	246.86M
Current portion of LT debt and capital leases	34.24M	26.17M	50.04M	46.85M	50.73M	71.75M	21.54M	36.02M	36.41M	33.23M	118.05M	117.74M	0	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	115.97M	158.78M	163.67M	219.00M	218.93M	344.12M	504.23M	543.84M	603.75M	623.11M	716.90M	662.96M	417.98M	426.47M	713.63M	717.14M	476.16M	502.32M	259.68M	246.86M
Accounts payable	139.57M	142.46M	118.06M	178.59M	235.56M	262.66M	176.65M	150.06M	237.11M	121.51M	234.61M	21.55M	128.06M	107.60M	87.35M	105.35M	65.55M	88.21M	84.80M	92.11M
Income tax payable	62.02M	68.26M	83.36M	94.39M	94.74M	95.12M	—	—	—	752.72K	261.62K	—	52.00M	41.94M	63.60M	108.58M	77.99M	86.07M	53.77M	—
Long term debt	44.13M	45.55M	87.39M	172.65M	198.29M	81.69M	94.01M	134.44M	127.51M	73.78M	0	0	0	0	0	0	0	0	0	52.45M
Long term debt excl. lease liabilities	39.64M	42.51M	84.21M	171.15M	197.74M	81.69M	94.01M	134.44M	127.51M	73.78M	0	0	0	0	0	0	0	0	0	52.45M
Total equity	265.74M	283.08M	294.14M	294.22M	232.53M	238.19M	220.17M	237.36M	277.95M	131.94M	-55.74M	-180.26M	-325.37M	-266.39M	-263.84M	-260.82M	-207.64M	-198.14M	101.26M	103.74M
Shareholders' equity	265.74M	283.08M	294.16M	293.62M	231.62M	237.13M	219.06M	234.30M	273.82M	126.91M	-55.74M	-180.26M	-325.37M	-266.39M	-263.84M	-260.82M	-207.64M	-198.14M	101.26M	103.74M
Common equity, total	265.74M	283.08M	294.16M	293.62M	231.62M	237.13M	219.06M	234.30M	273.82M	126.91M	-55.74M	-180.26M	-325.37M	-266.39M	-263.84M	-260.82M	-207.64M	-198.14M	72.56M	103.74M
Other common equity	86.56M	103.90M	114.98M	114.44M	52.44M	57.95M	39.88M	55.12M	162.21M	162.17M	162.13M	162.09M	162.06M	162.02M	161.99M	161.95M	161.91M	161.91M	161.91M	174.87M
Total debt	194.35M	230.51M	301.10M	438.50M	467.95M	497.56M	619.78M	714.30M	767.67M	730.12M	834.95M	780.70M	417.98M	426.47M	713.63M	717.14M	476.16M	502.32M	259.68M	299.31M
Net debt	149.25M	206.95M	281.31M	412.62M	442.40M	479.38M	595.11M	681.85M	763.34M	752.72M	774.10M	751.17M	378.57M	390.66M	678.12M	690.83M	457.35M	487.00M	240.61M	261.51M
Change in accounts receivable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in other assets/liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Sale of fixed assets & businesses	190.00K	1.00M	301.00K	895.00K	51.00K	100.00K	2.16M	4.26M	16.54M	7.99M	778.70K	3.61M	33.80K	113.56M	318.61M	905.30K	517.72K	13.45M	199.58K	0
Purchase/sale of investments, net	646.00K	83.00K	0	-40.00K	30.00K	0	0	6.50K	0	21.88M	0	0	0	0	0	0	0	0	0	0
Sale/maturity of investments	647.00K	83.00K	0	0	30.00K	0	0	6.50K	0	21.88M	0	0	0	0	0	0	0	0	0	0
Purchase of investments	-1.00K	0	0	-40.00K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investing cash flow items, total	-20.06M	-14.25M	-14.28M	-14.62M	-5.85M	0	-5.00K	0	0	0	2	0	-4.65M	-15.28M	-2.43M	1.24M	1.27M	1.32M	1.32M	709.76K
Issuance/retirement of debt, net	44.00K	-3.85M	67.22M	31.50M	-67.00K	7.86M	60.83M	53.96M	73.02M	-20.68M	118.61M	-73.04M	299.18M	-165.22M	-83.29M	3.51M	-240.98M	26.17M	-242.65M	38.69M
Issuance/retirement of long term debt	44.00K	-3.85M	67.22M	31.50M	-67.00K	7.86M	60.83M	53.96M	73.02M	-20.68M	0	0	0	0	0	0	0	0	-242.65M	51.51M
Issuance/retirement of short term debt	0	0	0	0	—	—	—	0	0	—	118.61M	0	0	0	—	0	-240.98M	26.17M	0	-12.82M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	-73.04M	299.18M	-165.22M	-83.29M	3.51M	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	19.00K	1.28M	963.00K	21.00K	20.00K	559.00K	119.90K	203.40M	4.62M	2.31M	3.20K	0	0	114.06M	31.40M	0	50.00M	0	237.60M	0

Aplab Balance Sheet

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-18.49M	-20.38M	-33.52M	-43.75M	-43.39M	-54.22M	-79.20M	-84.68M	-104.43M	-106.26M	-112.37M	-110.30M	-108.00M	-80.41M	-69.28M	-66.56M	-47.76M	-29.62M	-30.23M	-29.92M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	830.30M	900.50M	1.02B	1.14B	1.18B	1.25B	1.17B	1.33B	1.51B	1.28B	1.32B	1.19B	1.06B	1.03B	935.19M	895.22M	664.07M	755.09M	713.44M	699.57M
Total current assets	707.82M	736.38M	823.31M	873.79M	902.17M	980.26M	797.43M	627.59M	674.30M	513.44M	494.36M	373.39M	274.34M	405.49M	665.06M	623.46M	377.91M	442.05M	550.65M	463.86M
Cash and short term investments	45.11M	23.56M	19.78M	25.88M	25.54M	18.18M	24.67M	32.45M	4.33M	-22.60M	60.85M	29.53M	39.41M	35.82M	35.51M	26.31M	18.81M	15.32M	19.07M	37.80M
Cash & equivalents	33.57M	14.31M	8.49M	14.59M	13.89M	5.50M	11.56M	19.48M	4.33M	-22.60M	60.85M	29.53M	39.41M	35.82M	35.51M	26.31M	6.35M	2.77M	7.07M	25.31M
Short term investments	11.54M	9.24M	11.29M	11.29M	11.65M	12.68M	13.11M	12.96M	0	0	0	0	0	0	0	0	12.46M	12.56M	12.00M	12.49M
Total receivables, net	312.48M	309.40M	343.70M	360.04M	308.91M	425.73M	218.98M	138.95M	278.09M	180.88M	203.18M	216.11M	80.16M	211.50M	455.55M	418.39M	196.62M	286.76M	234.72M	228.95M
Accounts receivable - trade, net	272.00M	273.33M	270.69M	309.16M	247.00M	355.81M	208.02M	134.89M	273.81M	177.65M	199.57M	175.55M	60.91M	192.24M	189.28M	152.05M	175.15M	265.18M	232.92M	228.12M
Other receivables	40.48M	36.07M	73.01M	50.88M	61.91M	69.93M	10.95M	4.06M	4.27M	3.24M	3.61M	40.57M	19.26M	19.26M	266.28M	266.34M	21.47M	21.58M	1.80M	833.00K
Total inventory	268.89M	293.82M	340.73M	351.64M	447.89M	417.83M	507.93M	437.02M	358.93M	333.43M	185.99M	119.49M	138.45M	130.28M	163.46M	167.56M	152.85M	129.58M	294.88M	196.01M
Other current assets, total	28.55M	30.94M	33.17M	32.57M	7.18M	1.34M	45.86M	19.17M	32.95M	21.73M	44.34M	8.26M	16.32M	27.89M	10.54M	11.20M	9.64M	10.39M	6.00M	—
Total non-current assets	122.48M	164.12M	193.94M	268.98M	281.53M	268.90M	374.66M	699.11M	837.72M	770.08M	822.00M	815.38M	788.55M	626.88M	270.14M	271.76M	286.16M	313.04M	162.79M	235.71M
Long term investments	311.00K	228.00K	228.00K	268.00K	238.00K	238.00K	69.74M	27.05M	58.42M	40.82M	24.84M	32.38M	3.31M	3.10M	1.40M	1.40M	19.76M	54.86M	2.85M	2.74M
Note receivable - long term	—	—	—	—	—	—	69.50M	26.82M	36.30M	40.59M	24.11M	32.14M	1.83M	1.70M	0	—	—	35.08M	—	—
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	21.88M	0	0	0	0	0	0	0	0	0	0	0
Other investments	311.00K	228.00K	228.00K	268.00K	238.00K	238.00K	242.65K	236.15K	236.15K	236.15K	736.15K	236.15K	1.48M	1.40M	1.40M	1.40M	19.76M	19.78M	2.85M	2.74M
Net property/plant/equipment	111.41M	155.81M	188.31M	266.01M	281.28M	266.32M	254.52M	628.97M	581.65M	553.89M	533.07M	519.41M	174.52M	64.69M	71.53M	72.18M	74.90M	72.43M	73.95M	77.93M
Gross property/plant/equipment	269.26M	325.11M	373.78M	471.83M	510.84M	520.06M	512.28M	857.60M	813.45M	803.86M	795.97M	795.65M	399.52M	256.84M	—	—	233.64M	233.44M	233.82M	242.55M
Deferred tax assets	—	—	—	—	—	2.33M	958.82K	409.24K	83.40K	382.52K	1.20M	1.20M	1.20M	1.20M	1.20M	1.20M	1.20M	1.20M	—	62.37M
Net intangible assets	10.73M	8.05M	5.36M	2.68M	0	0	6.27M	1.71M	1.30M	5.05M	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	130.80K	424.39K
Goodwill, net	10.73M	8.05M	5.36M	2.68M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	0	0	0	6.27M	1.71M	1.30M	5.05M	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	193.97K	130.80K	424.39K
Other long term assets, total	0	0	0	0	0	0	20.84M	9.53M	196.26M	169.94M	262.69M	262.20M	609.32M	557.70M	195.81M	196.78M	190.11M	184.35M	85.86M	92.25M
Short term debt	150.22M	184.95M	213.70M	265.85M	269.66M	415.86M	525.77M	579.86M	640.16M	656.34M	834.95M	780.70M	417.98M	426.47M	713.63M	717.14M	476.16M	502.32M	259.68M	246.86M
Current portion of LT debt and capital leases	34.24M	26.17M	50.04M	46.85M	50.73M	71.75M	21.54M	36.02M	36.41M	33.23M	118.05M	117.74M	0	0	0	0	0	0	0	0
Short term debt excl. current portion of LT debt	115.97M	158.78M	163.67M	219.00M	218.93M	344.12M	504.23M	543.84M	603.75M	623.11M	716.90M	662.96M	417.98M	426.47M	713.63M	717.14M	476.16M	502.32M	259.68M	246.86M
Accounts payable	139.57M	142.46M	118.06M	178.59M	235.56M	262.66M	176.65M	150.06M	237.11M	121.51M	234.61M	21.55M	128.06M	107.60M	87.35M	105.35M	65.55M	88.21M	84.80M	92.11M
Income tax payable	62.02M	68.26M	83.36M	94.39M	94.74M	95.12M	—	—	—	752.72K	261.62K	—	52.00M	41.94M	63.60M	108.58M	77.99M	86.07M	53.77M	—
Long term debt	44.13M	45.55M	87.39M	172.65M	198.29M	81.69M	94.01M	134.44M	127.51M	73.78M	0	0	0	0	0	0	0	0	0	52.45M
Long term debt excl. lease liabilities	39.64M	42.51M	84.21M	171.15M	197.74M	81.69M	94.01M	134.44M	127.51M	73.78M	0	0	0	0	0	0	0	0	0	52.45M
Total equity	265.74M	283.08M	294.14M	294.22M	232.53M	238.19M	220.17M	237.36M	277.95M	131.94M	-55.74M	-180.26M	-325.37M	-266.39M	-263.84M	-260.82M	-207.64M	-198.14M	101.26M	103.74M
Shareholders' equity	265.74M	283.08M	294.16M	293.62M	231.62M	237.13M	219.06M	234.30M	273.82M	126.91M	-55.74M	-180.26M	-325.37M	-266.39M	-263.84M	-260.82M	-207.64M	-198.14M	101.26M	103.74M
Common equity, total	265.74M	283.08M	294.16M	293.62M	231.62M	237.13M	219.06M	234.30M	273.82M	126.91M	-55.74M	-180.26M	-325.37M	-266.39M	-263.84M	-260.82M	-207.64M	-198.14M	72.56M	103.74M
Other common equity	86.56M	103.90M	114.98M	114.44M	52.44M	57.95M	39.88M	55.12M	162.21M	162.17M	162.13M	162.09M	162.06M	162.02M	161.99M	161.95M	161.91M	161.91M	161.91M	174.87M
Total debt	194.35M	230.51M	301.10M	438.50M	467.95M	497.56M	619.78M	714.30M	767.67M	730.12M	834.95M	780.70M	417.98M	426.47M	713.63M	717.14M	476.16M	502.32M	259.68M	299.31M
Net debt	149.25M	206.95M	281.31M	412.62M	442.40M	479.38M	595.11M	681.85M	763.34M	752.72M	774.10M	751.17M	378.57M	390.66M	678.12M	690.83M	457.35M	487.00M	240.61M	261.51M
Change in accounts receivable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in other assets/liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Sale of fixed assets & businesses	190.00K	1.00M	301.00K	895.00K	51.00K	100.00K	2.16M	4.26M	16.54M	7.99M	778.70K	3.61M	33.80K	113.56M	318.61M	905.30K	517.72K	13.45M	199.58K	0
Purchase/sale of investments, net	646.00K	83.00K	0	-40.00K	30.00K	0	0	6.50K	0	21.88M	0	0	0	0	0	0	0	0	0	0
Sale/maturity of investments	647.00K	83.00K	0	0	30.00K	0	0	6.50K	0	21.88M	0	0	0	0	0	0	0	0	0	0
Purchase of investments	-1.00K	0	0	-40.00K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investing cash flow items, total	-20.06M	-14.25M	-14.28M	-14.62M	-5.85M	0	-5.00K	0	0	0	2	0	-4.65M	-15.28M	-2.43M	1.24M	1.27M	1.32M	1.32M	709.76K
Issuance/retirement of debt, net	44.00K	-3.85M	67.22M	31.50M	-67.00K	7.86M	60.83M	53.96M	73.02M	-20.68M	118.61M	-73.04M	299.18M	-165.22M	-83.29M	3.51M	-240.98M	26.17M	-242.65M	38.69M
Issuance/retirement of long term debt	44.00K	-3.85M	67.22M	31.50M	-67.00K	7.86M	60.83M	53.96M	73.02M	-20.68M	0	0	0	0	0	0	0	0	-242.65M	51.51M
Issuance/retirement of short term debt	0	0	0	0	—	—	—	0	0	—	118.61M	0	0	0	—	0	-240.98M	26.17M	0	-12.82M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	-73.04M	299.18M	-165.22M	-83.29M	3.51M	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other financing cash flow items, total	19.00K	1.28M	963.00K	21.00K	20.00K	559.00K	119.90K	203.40M	4.62M	2.31M	3.20K	0	0	114.06M	31.40M	0	50.00M	0	237.60M	0