| P/E Ratio (TTM) | 29.98Sector PE 29.12 |
|---|---|
| Market Cap | ₹740.55 CrSmall Cap |
| 1-Year Return | 28.52%Price change |
| RSI | 52.57Neutral Zone |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 114 | 66.0 | 92.3 |
| Other Income | 2.6 | 0.9 | 7.0 |
| Total Income | 116 | 66.9 | 99.3 |
| Profit Before Tax | 11.6 | 4.5 | 9.5 |
| Net Profit | 4.5 | 3.4 | 7.1 |
| Operating Margin | 10.0% | 6.7% | 9.6% |
| Net Profit QoQ | +32.4% | ||
| Net Profit YoY | -36.6% | ||
| Adj. Profit QoQ | +150.0% | ||
| Adj. Profit YoY | +260.0% | ||
Key highlights
- Revenue from operations rose to ₹114 crore in Q2-27, up from ₹66.0 crore in Q1-27
- Operating margin improved to 10.0%, reflecting a recovery from 6.7% in the preceding quarter
- Net profit reached ₹4.5 crore, marking a 32.4% sequential increase from ₹3.4 crore
- Total income for the quarter stood at ₹116 crore compared to ₹99.3 crore in Q2-26
- Board approved NSE direct listing application on November 4, 2026, subject to approvals
Sequential Revenue Growth and Margin Recovery
Apis India demonstrated a sharp operational uptick during the second quarter of FY27, with revenue from operations reaching ₹114 crore. This performance represents a substantial sequential increase from the ₹66.0 crore reported in the June quarter. The company also saw a meaningful expansion in its operating efficiency, as margins climbed to 10.0% from 6.7% in Q1-27.
This margin improvement supported a rise in profit before tax to ₹11.6 crore, more than doubling the ₹4.5 crore recorded in the preceding three-month period, as the company benefited from increased scale during the quarter.
Year-on-Year Profitability and Subsidiary Performance
- Net profit of ₹4.5 crore in Q2-27 showed a 36.6% decline from ₹7.1 crore in Q2-26
- Other income contracted to ₹2.6 crore from ₹7.0 crore in the same period last year
- Consolidated results include subsidiaries Anantadrishti Smart India and Nature’s Family Tree Foods
- The company operates within a single business segment focused on food and beverages
- Total expenditure for the quarter stood at ₹104.84 crore on a consolidated basis
Strategic NSE Listing and Market Position
The company is currently pursuing a major listing milestone, with the Board of Directors approving a direct listing application for the Main Board of the National Stock Exchange on November 4, 2026. This move follows a period of steady market performance where the stock delivered a 1-year return of 28.52%. With a market capitalization of ₹740.55 crore, Apis India trades at a TTM P/E of 29.98, closely aligned with the broader industry average.
Promoters maintain a high degree of control with a 74.72% stake, all of which remains unpledged as of the September quarter filing.
| Date | Announcement | Amount |
|---|---|---|
| 27 Oct 2026 | Q1 FY27 consolidated net profitSource: scanx.trade | ₹3.39 Cr |
| 30 May 2026 | Q4 FY26 consolidated net profitSource: scanx.trade | ₹10.35 Cr |
| 13 Feb 2026 | Q3 FY26 consolidated net profitSource: hdfcsec.com | ₹3.88 Cr |
| 14 Nov 2025 | Q2 FY26 consolidated net profitSource: investorfeed.in | ₹7.08 Cr |
| 14 Aug 2025 | Q1 FY26 consolidated net profitSource: scanx.trade | ₹2.53 Cr |
| 30 May 2025 | Q4 FY25 consolidated net profitSource: blinkx.in | ₹8.13 Cr |
What to watch next
- Final regulatory and exchange approvals for the direct listing on the NSE, expected late 2026
- Q3 FY27 quarterly financial results announcement scheduled for February 2027
- Progress toward the previously targeted annual revenue milestone of ₹500 crore
| Share price | ₹53.76 |
|---|---|
| Market capitalisation | ₹740.55 Cr |
| Revenue (annual) | ₹390.51 Cr |
| Net profit (annual) | ₹25.32 Cr |
| Revenue (latest quarter) | ₹65.96 Cr-32.61% vs previous quarter |
| Net profit (latest quarter) | ₹3.39 Cr-67.26% vs previous quarter |
| P/E (TTM) | 29.98×Sector 29.12× |
| Promoter holding | 74.72%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Apis India Ltd announcing the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Market figures from a third-party data provider.



