Navi Mumbai manufacturer of power electronics — UPS/emergency power systems, Mil-Grade aviation ground power units, programmable test instrumentation, and banking self-service/passbook kiosks.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5 | 5 | 10 | 10 | 11 | 13 | 16 | 16 |
| Reserves | -31 | -31 | -31 | -30 | -4 | -2 | 3 | 4 |
| Borrowings | 71 | 72 | 48 | 50 | 29 | 30 | 27 | 19 |
| Other Liabilities | 49 | 44 | 40 | 45 | 35 | 30 | 23 | 19 |
| Total Liabilities | 94 | 90 | 66 | 76 | 71 | 70 | 68 | 58 |
| AssetsFixed Assets | 4 | 3 | 7 | 7 | 7 | 7 | 7 | 10 |
| CWIP | 4 | 4 | 1 | 0 | 0 | 1 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 86 | 82 | 59 | 68 | 64 | 62 | 61 | 48 |
| Total Assets | 94 | 90 | 66 | 76 | 71 | 70 | 68 | 58 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 2 | -23 | -1 | 19 | -3 | 0 | 2 | 14 |
| Cash from Investing | 21 | 32 | -0 | -0 | 0 | 0 | -1 | -2 |
| Cash from Financing | -23 | -8 | 0 | -19 | 3 | -0 | 1 | -8 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 23 | 8 | -1 | 18 | -3 | -0 | 1 | 11 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
APLAB · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.