Apex Frozen Foods Limited (APEX) - Net Assets
Based on the latest financial reports, Apex Frozen Foods Limited (APEX) has net assets worth Rs5.09 Billion INR (≈ $55.07 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs6.31 Billion ≈ $68.19 Million USD) and total liabilities (Rs1.21 Billion ≈ $13.13 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check APEX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.09 Billion |
| % of Total Assets | 80.75% |
| Annual Growth Rate | 28.49% |
| 5-Year Change | 12.43% |
| 10-Year Change | 557.0% |
| Growth Volatility | 46.71 |
Apex Frozen Foods Limited - Net Assets Trend (2013–2025)
This chart illustrates how Apex Frozen Foods Limited's net assets have evolved over time, based on quarterly financial data. Also explore Apex Frozen Foods Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Apex Frozen Foods Limited (2013–2025)
The table below shows the annual net assets of Apex Frozen Foods Limited from 2013 to 2025. For live valuation and market cap data, see Apex Frozen Foods Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.94 Billion ≈ $53.48 Million |
-0.52% |
| 2024-03-31 | Rs4.97 Billion ≈ $53.75 Million |
+1.45% |
| 2023-03-31 | Rs4.90 Billion ≈ $52.99 Million |
+4.60% |
| 2022-03-31 | Rs4.68 Billion ≈ $50.66 Million |
+6.50% |
| 2021-03-31 | Rs4.40 Billion ≈ $47.56 Million |
+11.10% |
| 2020-03-31 | Rs3.96 Billion ≈ $42.81 Million |
+11.48% |
| 2019-03-31 | Rs3.55 Billion ≈ $38.40 Million |
+17.46% |
| 2018-03-31 | Rs3.02 Billion ≈ $32.69 Million |
+176.26% |
| 2017-03-31 | Rs1.09 Billion ≈ $11.83 Million |
+45.39% |
| 2016-03-31 | Rs752.63 Million ≈ $8.14 Million |
+34.44% |
| 2015-03-31 | Rs559.83 Million ≈ $6.05 Million |
+47.95% |
| 2014-03-31 | Rs378.39 Million ≈ $4.09 Million |
+54.98% |
| 2013-03-31 | Rs244.15 Million ≈ $2.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Apex Frozen Foods Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3541.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs3.43 Billion | 69.33% |
| Common Stock | Rs312.50 Million | 6.32% |
| Other Comprehensive Income | Rs100.00 Million | 2.02% |
| Other Components | Rs1.10 Billion | 22.32% |
| Total Equity | Rs4.94 Billion | 100.00% |
Apex Frozen Foods Limited Competitors by Market Cap
The table below lists competitors of Apex Frozen Foods Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mountain & I Acquisition Co Corp
NASDAQ:MCAA
|
$157.81 Million |
|
Avantium Holding BV
AS:AVTX
|
$157.81 Million |
|
Bank Bumi Arta Tbk
JK:BNBA
|
$157.83 Million |
|
CLIO Cosmetics Co.Ltd
KQ:237880
|
$157.83 Million |
|
Atakey Patates Gida Sanayi ve Ticaret A.S.
IS:ATAKP
|
$157.73 Million |
|
Silicon Optronics Inc
TW:3530
|
$157.68 Million |
|
Robo.ai Inc.
NASDAQ:AIIO
|
$157.60 Million |
|
Graphite One Inc
V:GPH
|
$157.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apex Frozen Foods Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,970,560,000 to 4,944,814,000, a change of -25,746,000 (-0.5%).
- Net income of 38,765,000 contributed positively to equity growth.
- Dividend payments of 62,500,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs38.77 Million | +0.78% |
| Dividends Paid | Rs62.50 Million | -1.26% |
| Other Changes | Rs-2.01 Million | -0.04% |
| Total Change | Rs- | -0.52% |
Book Value vs Market Value Analysis
This analysis compares Apex Frozen Foods Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 59.75x to 3.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs7.81 | Rs466.80 | x |
| 2014-03-31 | Rs12.11 | Rs466.80 | x |
| 2015-03-31 | Rs17.91 | Rs466.80 | x |
| 2016-03-31 | Rs24.08 | Rs466.80 | x |
| 2017-03-31 | Rs35.02 | Rs466.80 | x |
| 2018-03-31 | Rs107.09 | Rs466.80 | x |
| 2019-03-31 | Rs113.63 | Rs466.80 | x |
| 2020-03-31 | Rs126.68 | Rs466.80 | x |
| 2021-03-31 | Rs140.74 | Rs466.80 | x |
| 2022-03-31 | Rs149.90 | Rs466.80 | x |
| 2023-03-31 | Rs156.79 | Rs466.80 | x |
| 2024-03-31 | Rs159.06 | Rs466.80 | x |
| 2025-03-31 | Rs155.64 | Rs466.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apex Frozen Foods Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.48%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.24x
- Recent ROE (0.78%) is below the historical average (18.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 38.56% | 3.74% | 2.67x | 3.86x | Rs69.73 Million |
| 2014 | 35.48% | 2.61% | 3.66x | 3.71x | Rs96.40 Million |
| 2015 | 32.79% | 3.06% | 3.63x | 2.95x | Rs127.59 Million |
| 2016 | 25.18% | 3.14% | 3.38x | 2.38x | Rs114.23 Million |
| 2017 | 22.96% | 3.81% | 2.38x | 2.53x | Rs141.84 Million |
| 2018 | 26.17% | 8.56% | 2.14x | 1.43x | Rs488.71 Million |
| 2019 | 17.12% | 7.63% | 1.56x | 1.44x | Rs252.88 Million |
| 2020 | 15.32% | 7.82% | 1.24x | 1.58x | Rs210.55 Million |
| 2021 | 10.07% | 5.55% | 1.21x | 1.49x | Rs3.03 Million |
| 2022 | 8.77% | 4.59% | 1.32x | 1.45x | Rs-57.68 Million |
| 2023 | 7.32% | 3.55% | 1.65x | 1.25x | Rs-131.22 Million |
| 2024 | 2.94% | 1.92% | 1.20x | 1.27x | Rs-351.06 Million |
| 2025 | 0.78% | 0.48% | 1.33x | 1.24x | Rs-455.72 Million |
Industry Comparison
This section compares Apex Frozen Foods Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,860,171,134
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apex Frozen Foods Limited (APEX) | Rs5.09 Billion | 38.56% | 0.24x | $157.76 Million |
| Agri-Tech (India) Limited (AGRITECH) | $167.55 Million | 1.37% | 0.99x | $7.19 Million |
| Aspinwall and Company Limited (ASPINWALL) | $1.54 Billion | 9.92% | 0.56x | $19.38 Million |
| Dhampur Bio Organics Limited (DBOL) | $10.11 Billion | 4.60% | 1.29x | $89.01 Million |
| Gillanders Arbuthnot & Company Limited (GILLANDERS) | $1.68 Billion | 15.10% | 2.23x | $21.62 Million |
| The Grob Tea Company Limited (GROBTEA) | $316.50 Million | 3.03% | 0.80x | $11.58 Million |
| Harrisons Malayalam Limited (HARRMALAYA) | $1.89 Million | 7.68% | 3.90x | $44.61 Million |
| Mangalam Global Enterprise Limited (MGEL) | $1.14 Billion | 11.10% | 2.84x | $48.58 Million |
| Norben Tea & Exports Limited (NORBTEAEXP) | $136.80 Million | -11.75% | 0.66x | $10.40 Million |
| The Peria Karamalai Tea & Produce Company Limited (PKTEA) | $1.64 Billion | -2.20% | 0.21x | $26.45 Million |
About Apex Frozen Foods Limited
Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps in India. It provides ready-to-cook whiteleg and black tiger shrimps, which include head on and whole, headless and shell-on, easy peel, peeled, and cooked peeled & deveined-tail-on, cooked in shell, dusted and breaded, par-fried, butterfly, skewered, seasoned, peeled and deveined-tail-on, peeled and un-… Read more