Artemis Electricals and Projects Limited

About

Artemis Electricals and Projects Limited engages in the manufacture and sale of LED lighting and allied products in India. It provides LED focus lights, plastic body panel lights, surface lights, down lights, and AC street lights, as well as flashlights and solar lights. The company's products are used in various applications, such as commercial, residential, government offices, corridor lightings, arterial roads, main roads, multi-level junctions, traffic round-about, civic centers, etc. In addition, it is involved in work contract. The company was formerly known as Artemis Electricals Limited and changed its name to Artemis Electricals and Projects Limited in August 2021. Artemis Electricals and Projects Limited was incorporated in 2009 and is based in Thane, India.

Key Metrics

as of Sep 2026

Market Cap439 Cr

P/E50.70

Div Yield0.03 %

Book Value₹3.77

52w High₹27.40

52w Low₹13.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	16.27	40.75	4.26	15.80	19.75	37.49	18.45	4.02	12.38	2.46	13.97	13.57	11.36
Expenses	14.08	36.53	2.96	11.08	17.54	32.43	14.51	2.66	11.58	1.45	11.50	11.08	9.60
Operating Profit	2.19	4.22	1.30	4.72	2.21	5.06	3.94	1.36	0.80	1.01	2.47	2.49	1.76
OPM %	13.46	10.36	30.52	29.87	11.19	13.50	21.36	33.83	6.46	41.06	17.68	18.35	15.49
Other Income	0.00	0.27	0.05	0.34	0.00	0.39	0.00	0.08	0.11	0.12	0.00	0.00	0.00
Depreciation	0.22	0.25	0.25	0.25	0.25	0.29	0.30	0.30	0.29	0.34	0.35	0.35	0.34
Interest	0.04	0.04	0.05	0.05	0.06	0.06	0.07	0.07	0.08	0.10	0.30	0.42	0.18
Profit before tax	1.93	4.20	1.05	4.76	1.90	5.10	3.57	1.07	0.54	0.69	1.82	1.72	1.24
Tax %	32.12	26.43	20.00	25.00	27.89	25.49	23.25	25.23	25.93	24.64	25.27	23.84	28.23
Net Profit	1.31	3.10	0.84	3.56	1.37	3.81	2.75	0.80	0.40	0.52	1.37	1.32	0.90
EPS in Rs	0.05	0.12	0.03	0.14	0.05	0.15	0.11	0.03	0.02	0.02	0.05	0.05	0.04

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	80.56	72.35	41.36	58.22	34.33	44.95	106.92	101.77	89.48	47.24	45.31	8.91
Expenses	68.11	61.19	33.63	47.17	41.44	41.53	88.90	85.47	74.45	44.13	42.88	8.34
Operating Profit	12.45	11.16	7.73	11.05	-7.11	3.42	18.02	16.30	15.03	3.11	2.43	0.57
OPM %	15.45	15.43	18.69	18.98	-20.71	7.61	16.85	16.02	16.80	6.58	5.36	6.40
Other Income	0.67	0.58	0.12	0.00	0.00	0.16	1.88	0.46	0.04	0.00	0.03	0.03
Interest	0.21	0.28	0.99	1.70	5.89	0.80	1.18	0.98	0.37	0.01	0.21	0.00
Depreciation	1.01	1.18	1.38	1.61	1.90	2.28	1.77	1.79	0.52	0.24	0.17	0.15
Profit before tax	11.90	10.28	5.48	7.74	-14.90	0.50	16.95	13.99	14.18	2.86	2.08	0.45
Tax %	25.63	25.19	25.18	15.89	-21.41	68.00	26.37	27.16	32.51	38.11	25.96	28.89
Net Profit	8.86	7.69	4.10	6.51	-11.71	0.16	12.49	10.19	9.56	1.77	1.55	0.32
EPS in Rs	0.35	0.31	0.16	0.26	-0.47	0.01	0.51	0.58	2.15	0.40	0.35	0.13
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	25.10	25.10	25.10	25.10	25.10	25.10	24.70	17.70	4.44	4.44	4.44	2.39
Reserves	70.56	61.73	54.14	51.06	44.54	56.08	53.11	9.87	13.66	4.01	2.24	0.07
Borrowings	1.71	2.47	12.24	27.91	30.21	8.59	9.14	9.62	13.02	0.44	0.35	1.28
Other Liabilities	44.21	33.02	18.62	23.41	26.25	21.18	39.89	29.00	36.20	10.80	6.75	1.38
Total Liabilities	141.58	122.32	110.10	127.48	126.10	110.95	126.84	66.19	67.32	19.69	13.78	5.12
Fixed Assets	9.86	10.88	12.05	13.43	14.95	16.84	19.21	16.46	16.31	1.33	1.19	1.18
CWIP	55.55	55.55	25.84	21.18	14.16	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	3.74	3.74	3.74	3.74	3.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	72.43	52.15	68.47	89.13	93.79	94.11	107.63	49.73	51.01	18.36	12.59	3.94
Total Assets	141.58	122.32	110.10	127.48	126.10	110.95	126.84	66.19	67.32	19.69	13.78	5.12

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	14.02	41.19	21.24	11.67	1.63	-2.62	-33.75	6.74	3.36	0.77	0.80	0.92
Cash from Investing Activity	0.01	-29.73	-4.55	-7.66	-17.36	0.03	-3.18	-1.93	-14.87	-0.87	-1.59	-0.19
Cash from Financing Activity	-0.97	-10.17	-16.66	-4.00	15.73	2.59	36.42	-4.30	11.48	0.07	0.04	-0.09
Net Cash Flow	13.06	1.29	0.03	0.00	0.00	0.00	-0.51	0.50	-0.02	-0.03	-0.74	0.65
Free Cash Flow	14.02	11.48	16.58	4.55	-12.53	-2.60	-36.92	4.81	-12.14	0.39	0.62	0.71
CFO/OP %	125.00	384.00	269.00	134.00	-35.00	39.00	-154.00	51.00	23.00	26.00	39.00	167.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	183.77	126.32	455.72	205.01	571.26	410.39	223.98	61.08	102.06	77.57	50.75	83.16
Inventory Days	2.39	1.78	2.15	4.13	105.61	526.09	110.76	111.11	101.74	37.76	27.04	51.79
Days Payable	1,323.21	820.29	225.89	561.09	347.18	356.67	140.59	75.73	106.03	70.49	10.72	61.77
Cash Conversion Cycle	-1,137.05	-692.19	231.98	-351.95	329.69	579.80	194.15	96.46	97.77	44.85	67.07	73.18
Working Capital Days	55.91	82.89	252.92	-57.68	413.91	491.84	202.57	53.94	21.82	31.60	22.48	69.64
ROCE %	12.97	11.68	6.62	9.26	-9.50	1.54	27.03	43.83	72.73	36.06	42.53	12.41

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	72.45	72.45	72.45	72.45	72.45	72.45	72.45	72.45	72.45	72.45	72.45	72.41
Public	27.54	27.54	27.54	27.55	27.55	27.55	27.55	27.55	27.55	27.54	27.56	27.59
No. of Shareholders	18,850	18,806	19,231	19,838	20,739	21,012	20,876	19,789	19,708	20,189	17,012	7,751