Apex Frozen Foods Ltd

Apex Frozen Foods Ltd has a debt-to-equity ratio of 0.22, indicating a relatively conservative capital structure with a strong equity base. The company's liquidity position is assessed as medium, with a current ratio of 3.01, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, which could pose a liquidity risk if not managed effectively.

The company's profitability metrics are concerning, with a return on equity of -0.0007 and a return on assets of -0.0006, indicating that it is not generating returns for its shareholders or effectively utilizing its assets. These figures are below the industry median for the Fishing & Farming sector, which typically has a positive return on equity and return on assets, suggesting that Apex Frozen Foods Ltd is underperforming its peers.

The company's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. There is no information on geographic exposure, but the company's operations are likely concentrated in its domestic market given the lack of international revenue details.

The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The company reported a net loss of INR 3.6 million for the period, which may indicate challenges in maintaining profitability. The operating cash flow of INR 111.6 million suggests that the company is generating positive cash from operations, which is a positive sign for its ability to fund operations and reduce debt.

The company's risk assessment indicates a low potential for dilution, which is a positive factor for shareholders. However, the negative net cash position after subtracting total debt is a red flag that could lead to increased financial risk if not addressed. The company has not disclosed any recent events such as filings or transcripts that would provide additional insight into its operations or strategic direction.

Apex Frozen Foods maintains a low debt-to-equity ratio of 0.99, indicating manageable leverage levels compared to industry peers.

The company holds a current ratio of 1.59, suggesting adequate short-term liquidity to cover immediate operational obligations.

Credit risk is assessed as low, implying a stable financial standing despite recent profitability challenges.

Dilution risk is rated low, protecting existing shareholders from significant equity value erosion in the near term.

Cash conversion is in the bottom quartile of its cohort, highlighting poor ability to generate cash from operations.

Revenue INR 8.04B, −24,9% YoY; Operating income −60,1% YoY.

• ▍Revenue INR 8.04B, −24,9% YoY
• ▍Operating income −60,1% YoY
• ▍Net income −59,3% YoY
• ▍Free cash flow −62,1% YoY
• ▍Net margin 1.8%

Revenue INR 10.70B, +15,6% YoY; Operating income −5,5% YoY.

• ▍Revenue INR 10.70B, +15,6% YoY
• ▍Operating income −5,5% YoY
• ▍Net income −12,7% YoY
• ▍Free cash flow −41,9% YoY
• ▍Net margin 3.4%

Revenue INR 9.26B, +13,2% YoY; Operating income −1,7% YoY.

• ▍Revenue INR 9.26B, +13,2% YoY
• ▍Operating income −1,7% YoY
• ▍Net income −7,2% YoY
• ▍Free cash flow −20,4% YoY
• ▍Net margin 4.4%

Revenue INR 8.18B; Operating income INR 689.9M.

• ▍Revenue INR 8.18B
• ▍Operating income INR 689.9M
• ▍Net margin 5.4%