Artemis Electricals & Projects Limited

Artemis Electricals & Projects Limited

14.74
INR
+0.09
(+0.61%)
0.34EPS
50.43P/E
4.27BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.56
2.67
5.05
5.75
4.46
1.82
1.37
2.32
1.65
2.88
3.21
3
Basic EPS, GAAP
0.09
0.1
0.54
0.58
0.52
0.01
-0.48
0.25
0.16
0.3
0.35
0.34
Free Cash Flow per Basic Share
0.05
0.04
-0.69
0.27
-1.54
-0.08
-0.5
0.18
0.66
0.43
0.54
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
Book Value per Share
0.27
0.34
0.7
1.12
3.15
3.23
2.76
3.01
3.13
3.42
3.77
- -
Tangible Book Value per Share
0.27
0.34
0.7
1.12
3.15
3.23
2.7
2.93
3.04
3.34
3.69
- -
Basic Weighted Avg Shares
177
177
177
177
240
248
251
251
251
251
251
257
Sales/Revenue/Turnover
453
472
895
1,018
1,069
449
343
582
414
723
806
771
Operating Margin (%)
5
6.08
16.22
14.26
15.4
2.53
-27.46
15.67
14.71
13.56
14.28
14.61
Depreciation Expense
2
2
5
18
18
23
23
19
16
13
12
12
Net Income, GAAP
15
18
96
102
125
2
-120
63
39
76
87
87
Effective Tax Rate (%)
25.8
38.11
32.57
27.2
26.35
67.62
- -
15.42
25.2
25.26
25.59
26.22
Profit Margin (%)
3.42
3.75
10.69
10.01
11.68
0.36
-35.02
10.78
9.43
10.45
10.81
11.25
Working Capital
29
41
47
156
594
606
377
-104
275
166
246
- -
LT Debt
3
4
64
57
49
48
265
32
25
17
9
- -
Total Equity
67
84
174
276
778
812
693
756
785
860
947
- -
Return on Invested Capital (%)
- -
19.87
42.67
26.59
19.31
0.38
- -
7.68
4.83
8.28
9.11
- -
Return on Capital (%)
- -
22.29
49.66
32.14
21.49
0.47
- -
7.6
4.78
8.67
9.59
- -
Return on Common Equity (%)
- -
23.42
74.02
45.32
23.69
0.2
-15.97
8.66
5.06
9.19
9.64
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
8
- -
LT Borrowings
- -
9
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
251
251
251
Market Capitalization
5,038
3,552
4,268

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
712
- -
Cash, Cash Equivalents & STI
- -
147
- -
Accounts Receivable, Net
- -
396
- -
Inventories
- -
5
- -
Total Current Liabilities
- -
466
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
8
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.54%
3.58%
10.11%
Free Cash Flow
-210.93%
135.2%
24.9%
Net Income, GAAP
-723.93%
-1,524.85%
15.21%
Sales/Revenue/Turnover
15.78%
20.66%
11.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
124
40
185
375
723
2026
198
158
43
408
806
2027
163
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.03
0.1
0.15
0.3
2026
0.05
0.14
0.03
0.12
0.35
2027
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shivkumar Chhangur Singh
Full Time Employees
16
Sector
Producer manufacturing
Industry
Electrical products
Address
Artemis Complex Mumbai MA India 401208
IPO Date
May 14, 2019
Business
Artemis Electricals and Projects Limited is an India-based company primarily engaged in the manufacture and sale of LED lighting products and related electrical solutions. Its product portfolio includes LED focus lights, LED plastic body panel lights, MOON LED surface lights, LED panel lights, LED down lights, LED spot lights, LED batten lights, LED architectural lights, LED bulbs, LED AC street lights, and solar LED street lights. The company also manufactures critical electronic components such as LED drivers and electronic ballasts, with its LED driver production plant located in Vasai, Maharashtra. Artemis’s products find applications in commercial, residential, government offices, arterial roads, main roads, multi-level junctions, traffic roundabouts, and civic centers, catering to a diverse range of lighting needs in indoor and outdoor environments. Founded in 2009 and headquartered in Thane, India, Artemis Electricals and Projects Limited offers a full spectrum of services that include product design, global procurement, turnkey manufacturing, repairs, and maintenance supported by an ERP system. The company leverages its capabilities in electronics, plastic injection molding, and sheet metal stamping for significant backward integration, making it globally competitive in cost of production. Artemis changed its name from Artemis Electricals Limited to Artemis Electricals and Projects Limited in August 2021 to reflect its expanded operational scope. Recent major developments include substantial revenue growth marked by increased sales in LED lighting products, strategic business expansion in turnkey manufacturing, and enhancing manufacturing capabilities backed by advanced automation and quality controls. Artemis operates primarily in the Indian market with its products being widely used across industrial, commercial, residential, and public infrastructure sectors. The company’s product portfolio emphasizes energy efficiency, eco-friendly materials, and long life LED packages designed to reduce energy consumption by up to 70% compared to traditional lighting solutions. Artemis’s LED AC streetlights range from 24 watts to 180 watts and are designed for arterial roads and civic centers, while its APOLLO LED down lights serve commercial and residential spaces. The company’s latest financial performances reflect strong sales growth, driven by the increasing adoption of LED technology in India’s lighting infrastructure. Overall, Artemis Electricals and Projects Limited combines manufacturing prowess with strong product design and integrated operations, positioning itself as an OEM leader in LED lighting solutions in India with expanding capabilities in electronic components and associated lighting accessories. The company continues to evolve through strategic enhancements in its product offerings, manufacturing efficiency, and market presence since its establishment in 2009.