Aplab
BSE: APLAB · Other Electrical Equipment
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Snapshot
Unlock Aplab's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Aplab Ltd is a manufacturer of professional electronic equipment, specialising in test and measurement instruments. The company is recognised as a prominent Indian producer of rack-mount programmable AC and DC power sources for the industrial power electronics market.
Business Model
The company generates revenue through the design, manufacture, and sale of specialised electronic testing and power equipment. It serves industrial clients requiring precise power solutions and measurement instrumentation.
- Incorporation Year:1962
Growth Outlook
Growth is driven by the increasing demand for indigenous electronic testing equipment within the Indian industrial sector. The company leverages its niche position as a domestic manufacturer of programmable power sources to capture market share.
Key Risks
- Technological Obsolescence. Rapid advancements in electronic testing technology may render existing product lines less competitive.
- Market Competition. The company faces intense competition from global players and low-cost imports in the power electronics segment.
- Supply Chain Volatility. Dependence on imported electronic components makes the company vulnerable to global supply chain disruptions and currency fluctuations.
- Cyclical Industrial Demand. Demand for industrial power electronics is closely tied to capital expenditure cycles in the broader manufacturing sector.
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Key Metrics
REVENUE
₹58 Cr
TTM · standalone
NET PROFIT
₹4 Cr
TTM · standalone
EPS
₹2.63
TTM · standalone
RETURN ON EQUITY
31.0%
TTM · standalone
P/E
34.2x
Q4 FY26 · standalone
EV/EBITDA
20.6x
Q4 FY26 · standalone
EBITDA MARGIN
13.8%
TTM · standalone
NET PROFIT MARGIN
5.0%
Q4 FY26 · standalone
DEBT TO EQUITY
0.9x
Q4 FY26 · standalone
Peers · Other Electrical Equipment
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
AplabAPLAB | ₹206 Cr | 31.11 | 27.14 | -8.2% | 13.8% | 31.0% | 30.0% | +41.1% |
Urja GlobalURJA | ₹483 Cr | 919.00 | 199.75 | — | 4.0% | 0.8% | 1.0% | -29.9% |
S&S Power Switchgears LimitedS&SPOWER | ₹418 Cr | 51.72 | 39.60 | 32.1% | 4.0% | 10.2% | 6.2% | -8.7% |
Artemis Electricals and Projects LimitedAEPL | ₹386 Cr | 45.24 | 28.46 | — | 16.3% | 9.6% | 13.0% | -41.0% |
RMC SwitchgearsRMC | ₹261 Cr | — | — | — | 12.0% | — | — | -69.8% |
Magnus Steel and Infra LimitedMAGNUS | ₹8 Cr | 18.98 | 15.74 | — | 12.6% | 31.0% | 209.7% | — |
As of Q4 FY26
Financials
Aplab
BSE: APLAB · Other Electrical Equipment
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Aplab's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Aplab Ltd is a manufacturer of professional electronic equipment, specialising in test and measurement instruments. The company is recognised as a prominent Indian producer of rack-mount programmable AC and DC power sources for the industrial power electronics market.
Business Model
The company generates revenue through the design, manufacture, and sale of specialised electronic testing and power equipment. It serves industrial clients requiring precise power solutions and measurement instrumentation.
- Incorporation Year:1962
Growth Outlook
Growth is driven by the increasing demand for indigenous electronic testing equipment within the Indian industrial sector. The company leverages its niche position as a domestic manufacturer of programmable power sources to capture market share.
Key Risks
- Technological Obsolescence. Rapid advancements in electronic testing technology may render existing product lines less competitive.
- Market Competition. The company faces intense competition from global players and low-cost imports in the power electronics segment.
- Supply Chain Volatility. Dependence on imported electronic components makes the company vulnerable to global supply chain disruptions and currency fluctuations.
- Cyclical Industrial Demand. Demand for industrial power electronics is closely tied to capital expenditure cycles in the broader manufacturing sector.
Start your research today
Unlock AI insights, financials, peers and live data on Aplab and 5,000+ companies — free.
Key Metrics
REVENUE
₹58 Cr
TTM · standalone
NET PROFIT
₹4 Cr
TTM · standalone
EPS
₹2.63
TTM · standalone
RETURN ON EQUITY
31.0%
TTM · standalone
P/E
34.2x
Q4 FY26 · standalone
EV/EBITDA
20.6x
Q4 FY26 · standalone
EBITDA MARGIN
13.8%
TTM · standalone
NET PROFIT MARGIN
5.0%
Q4 FY26 · standalone
DEBT TO EQUITY
0.9x
Q4 FY26 · standalone
Peers · Other Electrical Equipment
As of Q4 FY26