MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0006928
Artemis Electricals and Projects Limited - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
Active Listed - NSE: AEPL · BSE: 542670 Public Limited Company consumer electronics and durables MSME · Medium
Market Cap
₹372 Cr
AEPL · NSE
Share Price
₹14.83
+0.14% today
Revenue
₹80.56 Cr
FY 2025-26 · +11.4% YoY
EBITDA
₹12.44 Cr
Margin 15.4%
Net Profit
₹8.70 Cr
FY 2025-26 · +15.1% YoY
P/E (TTM)
43.2x
P/B 4.0x
ROE
9.7%
ROCE 12.9%
Debt / Equity
0.02
Interest cover 1.9x
About Artemis Electricals and Projects Limited
Data last updated:
Artemis Electricals and Projects Limited is a public limited company based in Thane, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51505MH2009PLC196683. Its GSTIN is 27AAICA0014B1ZI (Maharashtra). The company holds 4 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 542670 and NSE: AEPL.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.1 Cr. It was formerly known as Artemis Electricals Limited and Artemis Electricals Private Limited. It is led by directors including Shivkumar Chhangur Singh (Whole-Time Director) and Deepak Kumar.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Artemis Complex Gala No. 105 & 108 National Express Highway Vasai (East), Thane, Maharashtra, India – 401208.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹80.56 Cr, a growth of 11.3% compared to the previous year. For the same year it recorded a net profit of ₹8.7 Cr (net margin 10.8%) and EBITDA of ₹12.44 Cr (EBITDA margin 15.4%). The net worth stands at ₹94.65 Cr (up 10.1% YoY). Total assets are valued at ₹96.43 Cr (up 9% YoY).
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Artemis Electricals. As per MCA filings, the company has open charges of ₹10.5 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 5 cases are pending. The company has 27 deals on record (26 market trades, 1 ipo); the latest was in March 2025. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 3 smaller; the largest is Sambe Electronics Private Limited with revenue of ₹73.82 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 158 overdue payments to 32 micro and small suppliers.
Artemis Electricals and Projects Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0006928). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website artemiselectricals.com.
Company details
CIN L51505MH2009PLC196683
Registration Number 196683
Incorporation Date 26 October 2009
ROC Mumbai
Listing Status Listed - Listed on NSE (AEPL); Listed on BSE (542670)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0006928
Name history
Artemis Electricals and Projects has undergone 2 name changes throughout its history. The company was previously known as Artemis Electricals Limited, and Artemis Electricals Private Limited. The current legal name is Artemis Electricals And Projects Limited.
| Company Name | Status |
|---|---|
| Artemis Electricals and Projects Limited | Current |
| Artemis Electricals Limited | Previous |
| Artemis Electricals Private Limited | Previous |
CIN history
Artemis Electricals and Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51505MH2009PLC196683, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51505MH2009PLC196683 | Current |
| U51505MH2009PTC196683 | Previous |
| U51505MH2009PLC196683 | Previous |
Key People
Shivkumar Chhangur Singh Whole-Time Director Deepak Kumar Director Saideep Shantaram Bagale Director Recognitions & Rankings of Artemis Electricals and Projects
Contact details
Artemis Electricals and Projects Limited's registered office is in Thane, Maharashtra. Its website is artemiselectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressArtemis Complex Gala No. 105 & 108 National Express Highway Vasai (East), Thane, Maharashtra, India – 401208
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Artemis Electricals and Projects Limited, buy the company report.
Comprehensive company report
Artemis Electricals and Projects Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Artemis Electricals and Projects operates one associated brand: Artemis Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting products are manufactured by the company in India. | artemiselectricals.com |
Business activity
The main business activity of Artemis Electricals and Projects is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Artemis Electricals and Projects Limited, buy the company report.
Financials of Artemis Electricals and Projects Limited
FY 2025-26 filings availableArtemis Electricals and Projects Limited reported revenue of ₹80.56 Cr (up 11.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹80.56 Cr
+11.3% YoY
EBITDA
₹12.44 Cr
+11.6% YoY
Profit After Tax
₹8.70 Cr
+15.1% YoY
Net Worth
₹94.65 Cr
+10.1% YoY
Total Assets
₹96.43 Cr
+9.0% YoY
Total Debt
₹1.71 Cr
-30.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 80.56 | 72.35 | 41.36 | 58.22 | 34.33 |
| Revenue growth | +11.4% | +74.9% | -29.0% | +69.6% | - |
| EBITDA | 12.44 | 11.15 | 7.72 | 11.05 | (7.14) |
| EBITDA margin | +15.4% | +15.4% | +18.7% | +19.0% | -20.8% |
| Profit before tax | 11.70 | 10.11 | 5.21 | 7.43 | (15.30) |
| Net profit | 8.70 | 7.56 | 3.90 | 6.28 | (12.01) |
| Net profit margin | +10.8% | +10.5% | +9.4% | +10.8% | -35.0% |
| EPS (₹) | 0.35 | 0.30 | 0.16 | 0.25 | (4.79) |
| Balance sheet | |||||
| Total assets | 96.43 | 88.45 | 90.76 | 104 | 99.56 |
| Net worth | 94.65 | 85.96 | 78.50 | 75.61 | 69.33 |
| Total debt | 1.71 | 2.47 | 12.24 | 27.91 | 30.21 |
| Cash & bank | 14.45 | 1.40 | 0.08 | 0.04 | 0.04 |
| Net working capital | 25.35 | 17.36 | 37.24 | 14.26 | 41.40 |
| Cash flow | |||||
| Cash from operations | 14.61 | 40.61 | 21.24 | 11.67 | 1.63 |
| Cash from investing | (0.58) | (29.15) | (4.55) | (7.66) | (17.36) |
| Cash from financing | (0.97) | (10.17) | (16.66) | (4.00) | 15.73 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.27 | 40.75 | 4.26 | 15.80 | 19.75 | 37.49 | 18.45 | 4.02 |
| Revenue growth (YoY) | -17.6% | +8.7% | -76.9% | +293.0% | +59.5% | - | - | - |
| Other income | 0.00 | 0.27 | 0.05 | 0.34 | 0.00 | 0.39 | 0.00 | 0.08 |
| EBITDA | 2.18 | 4.22 | 1.30 | 4.72 | 2.21 | 5.07 | 3.93 | 1.36 |
| EBITDA margin | +13.4% | +10.4% | +30.5% | +29.9% | +11.2% | +13.5% | +21.3% | +33.8% |
| Depreciation | 0.26 | 0.30 | 0.30 | 0.30 | 0.31 | 0.29 | 0.35 | 0.35 |
| Interest | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.07 |
| Profit before tax | 1.88 | 4.15 | 1.00 | 4.71 | 1.84 | 5.11 | 3.51 | 1.02 |
| Tax | 0.62 | 1.09 | 0.19 | 1.17 | 0.53 | 1.25 | 0.90 | 0.27 |
| Net profit | 1.26 | 3.06 | 0.81 | 3.54 | 1.31 | 3.86 | 2.61 | 0.75 |
| EPS (₹) | 0.05 | 0.12 | 0.03 | 0.14 | 0.05 | 0.15 | 0.10 | 0.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 80.56 | 72.35 | 41.36 | 58.22 | 34.33 | 44.95 | 107 |
| Revenue growth | +11.4% | +74.9% | -29.0% | +69.6% | -23.6% | -58.0% | - |
| EBITDA | 12.44 | 11.15 | 7.73 | 11.05 | (7.10) | 3.37 | 18.02 |
| EBITDA margin | +15.4% | +15.4% | +18.7% | +19.0% | -20.7% | +7.5% | +16.9% |
| Profit before tax | 11.89 | 10.27 | 5.48 | 7.74 | (14.89) | 0.51 | 16.95 |
| Net profit | 8.84 | 7.68 | 4.10 | 6.51 | (11.70) | 0.19 | 11.49 |
| Net profit margin | +11.0% | +10.6% | +9.9% | +11.2% | -34.1% | +0.4% | +10.8% |
| EPS (₹) | 0.35 | 0.31 | 0.16 | 0.26 | (4.66) | 0.06 | 5.05 |
| Balance sheet | |||||||
| Total assets | 97.44 | 89.32 | 91.50 | 104 | 99.87 | 89.96 | 87.12 |
| Net worth | 95.66 | 86.83 | 79.24 | 76.16 | 69.64 | 81.18 | 77.81 |
| Total debt | 1.71 | 2.47 | 12.24 | 27.91 | 30.21 | 8.59 | 9.14 |
| Cash & bank | 14.44 | 1.39 | 0.08 | 0.04 | 0.04 | 0.04 | 0.03 |
| Net working capital | 27.58 | 18.61 | 38.52 | 15.51 | 42.67 | 64.45 | 63.57 |
| Cash flow | |||||||
| Cash from operations | 13.62 | 40.61 | 21.24 | 11.67 | 1.63 | (2.62) | (33.75) |
| Cash from investing | 0.42 | (29.15) | (4.55) | (7.66) | (17.36) | 0.03 | (3.18) |
| Cash from financing | (0.97) | (10.17) | (16.66) | (4.00) | 15.73 | 2.59 | 36.42 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.27 | 40.75 | 4.26 | 15.80 | 19.75 | 37.49 | 18.45 | 4.02 |
| Revenue growth (YoY) | -17.6% | +8.7% | -76.9% | +293.0% | +59.5% | - | - | - |
| Other income | 0.00 | 0.27 | 0.05 | 0.34 | 0.00 | 0.39 | 0.00 | 0.08 |
| Total expenses | 14.09 | 36.53 | 2.96 | 11.08 | 17.54 | 32.42 | 14.52 | 2.66 |
| EBITDA | 2.18 | 4.22 | 1.30 | 4.72 | 2.21 | 5.07 | 3.93 | 1.36 |
| EBITDA margin | +13.4% | +10.4% | +30.5% | +29.9% | +11.2% | +13.5% | +21.3% | +33.8% |
| Depreciation | 0.22 | 0.25 | 0.25 | 0.25 | 0.25 | 0.29 | 0.30 | 0.30 |
| Interest | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.07 |
| Profit before tax | 1.92 | 4.20 | 1.05 | 4.76 | 1.90 | 5.11 | 3.56 | 1.07 |
| Tax | 0.62 | 1.11 | 0.21 | 1.19 | 0.53 | 1.30 | 0.83 | 0.27 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.27 | 40.75 | 4.26 | 15.80 | 19.75 | 37.49 | 18.45 | 4.02 |
| Revenue growth (YoY) | -17.6% | +8.7% | -76.9% | +293.0% | +59.5% | - | - | - |
| Other income | 0.00 | 0.27 | 0.05 | 0.34 | 0.00 | 0.39 | 0.00 | 0.08 |
| EBITDA | 2.18 | 4.22 | 1.30 | 4.72 | 2.21 | 5.07 | 3.93 | 1.36 |
| EBITDA margin | +13.4% | +10.4% | +30.5% | +29.9% | +11.2% | +13.5% | +21.3% | +33.8% |
| Depreciation | 0.26 | 0.30 | 0.30 | 0.30 | 0.31 | 0.29 | 0.35 | 0.35 |
| Interest | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.07 |
| Profit before tax | 1.88 | 4.15 | 1.00 | 4.71 | 1.84 | 5.11 | 3.51 | 1.02 |
| Tax | 0.62 | 1.09 | 0.19 | 1.17 | 0.53 | 1.25 | 0.90 | 0.27 |
| Net profit | 1.26 | 3.06 | 0.81 | 3.54 | 1.31 | 3.86 | 2.61 | 0.75 |
| EPS (₹) | 0.05 | 0.12 | 0.03 | 0.14 | 0.05 | 0.15 | 0.10 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 80.56 | 72.35 | 41.36 | 58.22 | 34.33 |
| Revenue growth | +11.4% | +74.9% | -29.0% | +69.6% | - |
| Other income | 0.67 | 0.58 | 0.12 | 0.00 | 0.00 |
| Total expenses | 68.12 | 61.20 | 33.64 | 47.17 | 41.47 |
| Employee cost | 0.58 | 0.66 | 0.57 | 0.39 | 0.29 |
| EBITDA | 12.44 | 11.15 | 7.72 | 11.05 | (7.14) |
| EBITDA margin | +15.4% | +15.4% | +18.7% | +19.0% | -20.8% |
| Depreciation | 1.20 | 1.34 | 1.64 | 1.92 | 2.27 |
| Interest | 0.21 | 0.28 | 0.99 | 1.70 | 5.89 |
| Profit before tax | 11.70 | 10.11 | 5.21 | 7.43 | (15.30) |
| Tax | 3.00 | 2.55 | 1.31 | 1.15 | (3.29) |
| Net profit | 8.70 | 7.56 | 3.90 | 6.28 | (12.01) |
| Net profit margin | +10.8% | +10.5% | +9.4% | +10.8% | -35.0% |
| EPS (₹) | 0.35 | 0.30 | 0.16 | 0.25 | (4.79) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 |
| Reserves & surplus | 69.55 | 60.86 | 53.40 | 50.51 | 44.23 |
| Shareholders' funds (net worth) | 94.65 | 85.96 | 78.50 | 75.61 | 69.33 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1.71 | 2.47 | 3.24 | 4.01 | 7.62 |
| Unsecured loans | 0.00 | 0.00 | 9.00 | 23.90 | 22.59 |
| Total debt | 1.71 | 2.47 | 12.24 | 27.91 | 30.21 |
| Total liabilities | 96.43 | 88.45 | 90.76 | 104 | 99.56 |
| Assets | |||||
| Gross block | 27.67 | 27.67 | 27.67 | 27.67 | 27.02 |
| Net block | 13.14 | 14.34 | 15.68 | 17.33 | 18.60 |
| Capital work in progress | 56.54 | 55.55 | 25.84 | 21.18 | 14.16 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.51 | 0.49 | 0.57 | 0.55 | 6.83 |
| Sundry debtors | 39.57 | 24.05 | 50.64 | 31.71 | 53.73 |
| Cash & bank balances | 14.45 | 1.40 | 0.08 | 0.04 | 0.04 |
| Loans & advances | 16.66 | 24.50 | 5.26 | 6.04 | 8.72 |
| Total current assets | 71.19 | 50.44 | 56.55 | 38.34 | 69.32 |
| Total current liabilities | 45.84 | 33.08 | 19.31 | 24.08 | 27.92 |
| Net working capital | 25.35 | 17.36 | 37.24 | 14.26 | 41.40 |
| Total assets | 96.43 | 88.45 | 90.76 | 104 | 99.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 1.35 | 0.06 | 0.03 | 0.03 | 0.03 |
| Net cash from operating activities | 14.61 | 40.61 | 21.24 | 11.67 | 1.63 |
| Net cash from investing activities | (0.58) | (29.15) | (4.55) | (7.66) | (17.36) |
| Net cash from financing activities | (0.97) | (10.17) | (16.66) | (4.00) | 15.73 |
| Net change in cash | 13.06 | 1.29 | 0.03 | 0.00 | 0.00 |
| Closing cash | 14.45 | 1.40 | 0.08 | 0.04 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +11.4% | +74.9% | -29.0% | +69.6% | - |
| EBITDA growth | +11.6% | +44.4% | -30.1% | +254.8% | - |
| PBT growth | +15.7% | +94.1% | -29.9% | +9998.0% | +9997.0% |
| Net income growth | +15.1% | +93.9% | -37.9% | +152.3% | - |
| Revenue CAGR (3Y) | +11.4% | +28.2% | - | - | - |
| EBITDA CAGR (3Y) | +4.0% | - | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +10.8% | +10.5% | +9.4% | +10.8% | -35.0% |
| Return on capital employed | +12.9% | +11.6% | +6.4% | +9.0% | -9.5% |
| Return on net worth | +9.7% | +9.2% | +5.1% | +8.7% | -17.3% |
| Debt / equity | 0.02 | 0.09 | 0.26 | 0.40 | 0.44 |
| Long-term debt / equity | 0.02 | 0.03 | 0.20 | 0.38 | 0.38 |
| Interest cover | 1.87 | 2.85 | 16.28 | 18.62 | -62.59 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.91 | 2.61 | 1.49 | 2.13 | 1.27 |
| Inventory turnover | 161.12 | 136.51 | 73.86 | 15.78 | 5.03 |
| Debtors turnover | 2.53 | 1.94 | 1.00 | 1.36 | 0.64 |
| EPS (₹) | 0.35 | 0.30 | 0.16 | 0.25 | (4.79) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 3.77 | 3.42 | 3.13 | 3.01 | 27.62 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.27 | 40.75 | 4.26 | 15.80 | 19.75 | 37.49 | 18.45 | 4.02 |
| Revenue growth (YoY) | -17.6% | +8.7% | -76.9% | +293.0% | +59.5% | - | - | - |
| Other income | 0.00 | 0.27 | 0.05 | 0.34 | 0.00 | 0.39 | 0.00 | 0.08 |
| Total expenses | 14.09 | 36.53 | 2.96 | 11.08 | 17.54 | 32.42 | 14.52 | 2.66 |
| EBITDA | 2.18 | 4.22 | 1.30 | 4.72 | 2.21 | 5.07 | 3.93 | 1.36 |
| EBITDA margin | +13.4% | +10.4% | +30.5% | +29.9% | +11.2% | +13.5% | +21.3% | +33.8% |
| Depreciation | 0.22 | 0.25 | 0.25 | 0.25 | 0.25 | 0.29 | 0.30 | 0.30 |
| Interest | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.07 |
| Profit before tax | 1.92 | 4.20 | 1.05 | 4.76 | 1.90 | 5.11 | 3.56 | 1.07 |
| Tax | 0.62 | 1.11 | 0.21 | 1.19 | 0.53 | 1.30 | 0.83 | 0.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 80.56 | 72.35 | 41.36 | 58.22 | 34.33 | 44.95 | 107 |
| Revenue growth | +11.4% | +74.9% | -29.0% | +69.6% | -23.6% | -58.0% | - |
| Other income | 0.67 | 0.58 | 0.12 | 0.00 | 0.00 | 0.22 | 1.88 |
| Total expenses | 68.12 | 61.20 | 33.63 | 47.17 | 41.43 | 41.58 | 88.90 |
| Employee cost | 0.58 | 0.59 | 0.57 | 0.48 | 0.29 | 0.65 | 1.11 |
| EBITDA | 12.44 | 11.15 | 7.73 | 11.05 | (7.10) | 3.37 | 18.02 |
| EBITDA margin | +15.4% | +15.4% | +18.7% | +19.0% | -20.7% | +7.5% | +16.9% |
| Depreciation | 1.01 | 1.18 | 1.38 | 1.61 | 1.90 | 2.28 | 1.77 |
| Interest | 0.21 | 0.28 | 0.99 | 1.70 | 5.89 | 0.80 | 1.18 |
| Profit before tax | 11.89 | 10.27 | 5.48 | 7.74 | (14.89) | 0.51 | 16.95 |
| Tax | 3.05 | 2.59 | 1.38 | 1.23 | (3.19) | 0.34 | 4.47 |
| Net profit | 8.84 | 7.68 | 4.10 | 6.51 | (11.70) | 0.19 | 11.49 |
| Net profit margin | +11.0% | +10.6% | +9.9% | +11.2% | -34.1% | +0.4% | +10.8% |
| EPS (₹) | 0.35 | 0.31 | 0.16 | 0.26 | (4.66) | 0.06 | 5.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 | 25.10 | 24.70 |
| Reserves & surplus | 70.56 | 61.73 | 54.14 | 51.06 | 44.54 | 56.08 | 53.11 |
| Shareholders' funds (net worth) | 95.66 | 86.83 | 79.24 | 76.16 | 69.64 | 81.18 | 77.81 |
| Secured loans | 1.71 | 2.47 | 3.24 | 4.01 | 7.62 | 8.59 | 9.14 |
| Unsecured loans | 0.00 | 0.00 | 9.00 | 23.90 | 22.59 | 0.00 | 0.00 |
| Total debt | 1.71 | 2.47 | 12.24 | 27.91 | 30.21 | 8.59 | 9.14 |
| Total liabilities | 97.44 | 89.32 | 91.50 | 104 | 99.87 | 89.96 | 87.12 |
| Assets | |||||||
| Gross block | 22.64 | 22.64 | 22.64 | 22.64 | 22.54 | 22.54 | 22.70 |
| Net block | 9.87 | 10.88 | 12.05 | 13.43 | 14.94 | 16.84 | 19.21 |
| Capital work in progress | 55.55 | 55.55 | 25.84 | 21.18 | 14.16 | 0.00 | 0.00 |
| Investments | 3.74 | 3.74 | 3.74 | 3.74 | 3.20 | 0.00 | 0.00 |
| Inventories | 0.07 | 0.06 | 0.14 | 0.12 | 6.40 | 22.11 | 24.92 |
| Sundry debtors | 40.56 | 25.04 | 51.64 | 32.70 | 53.73 | 50.54 | 65.61 |
| Cash & bank balances | 14.44 | 1.39 | 0.08 | 0.04 | 0.04 | 0.04 | 0.03 |
| Loans & advances | 16.65 | 24.49 | 5.26 | 6.04 | 8.73 | 12.75 | 12.73 |
| Total current assets | 71.72 | 50.98 | 57.12 | 38.90 | 68.90 | 85.44 | 103 |
| Total current liabilities | 44.14 | 32.37 | 18.60 | 23.39 | 26.23 | 20.99 | 39.72 |
| Net working capital | 27.58 | 18.61 | 38.52 | 15.51 | 42.67 | 64.45 | 63.57 |
| Total assets | 97.44 | 89.32 | 91.50 | 104 | 99.87 | 89.96 | 87.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.34 | 0.05 | 0.02 | 0.02 | 0.02 | 0.02 | 0.53 |
| Net cash from operating activities | 13.62 | 40.61 | 21.24 | 11.67 | 1.63 | (2.62) | (33.75) |
| Net cash from investing activities | 0.42 | (29.15) | (4.55) | (7.66) | (17.36) | 0.03 | (3.18) |
| Net cash from financing activities | (0.97) | (10.17) | (16.66) | (4.00) | 15.73 | 2.59 | 36.42 |
| Net change in cash | 13.06 | 1.29 | 0.03 | 0.00 | 0.00 | 0.00 | (0.51) |
| Closing cash | 14.44 | 1.39 | 0.08 | 0.04 | 0.04 | 0.04 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.4% | +74.9% | -29.0% | +69.6% | -23.6% | -58.0% | - |
| EBITDA growth | +11.6% | +44.2% | -30.1% | +255.6% | -310.7% | -81.3% | - |
| PBT growth | +15.8% | +87.4% | -29.2% | +9998.0% | - | -97.0% | +21.2% |
| Net income growth | +15.1% | +87.3% | -37.0% | +155.6% | -6257.9% | -98.4% | - |
| Revenue CAGR (3Y) | +11.4% | +28.2% | -2.7% | -18.3% | -30.4% | -20.5% | +31.3% |
| EBITDA CAGR (3Y) | +4.0% | - | +31.9% | -15.0% | - | -39.3% | +79.6% |
| Profitability & leverage | |||||||
| Net income margin | +11.0% | +10.6% | +9.9% | +11.2% | -34.1% | +0.4% | +11.7% |
| Return on capital employed | +13.0% | +11.7% | +6.6% | +9.3% | -9.5% | +1.5% | +29.2% |
| Return on net worth | +9.7% | +9.3% | +5.3% | +8.9% | -15.5% | +0.2% | +23.7% |
| Debt / equity | 0.02 | 0.09 | 0.26 | 0.40 | 0.26 | 0.11 | 0.18 |
| Long-term debt / equity | 0.01 | 0.03 | 0.04 | 0.20 | 0.21 | 0.06 | 0.10 |
| Interest cover | 1.84 | 2.81 | 15.59 | 18.01 | -65.44 | 73.39 | 7.26 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.56 | 3.20 | 1.83 | 2.58 | 1.52 | 1.99 | 5.22 |
| Inventory turnover | 1,239.38 | 723.50 | 318.15 | 17.86 | 2.41 | 1.91 | 4.40 |
| Debtors turnover | 2.46 | 1.89 | 0.98 | 1.35 | 0.66 | 0.77 | 2.59 |
| EPS (₹) | 0.35 | 0.31 | 0.16 | 0.26 | (4.66) | 0.06 | 5.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 3.81 | 3.46 | 3.16 | 3.03 | 27.74 | 32.34 | 31.50 |
To see the full year-wise statements and ratios of Artemis Electricals and Projects Limited, buy the company report.
Board of directors of Artemis Electricals and Projects Limited
Artemis Electricals and Projects has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivkumar Chhangur Singh Also directs: Garuda Urban Remedies Limited, Artemis Greenpower Private Limited, Halaipani Hydro Project Private Limited and 5 more | Whole-Time Director | 28 Dec 2018 | 7 Years 9 Months | Current |
| Deepak Kumar Also directs: Garuda Construction and Engineering Limited | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
| Saideep Shantaram Bagale | Director | 02 Apr 2021 | 5 Years 6 Months | Current |
| Dharmendra Kumar Jain | Director | 03 Feb 2026 | 0 Years 8 Months | Current |
| Sachin Anant Nivalkar Also directs: Garuda Bullion Bridge Private Limited, PKH Hotel and Resorts Private Limited, PKH MP Convention Centre Private Limited and 5 more | Director | 07 Jun 2023 | 3 Years 4 Months | Current |
| Dhruti Harsh Satia | Director | 20 Apr 2026 | 0 Years 6 Months | Current |
Peer comparison
Artemis Electricals and Projects Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Artemis Electricals and Projects Limitedthis company | ₹80.56 Cr (FY 2026) | ₹8.7 Cr | 10.8% | 11.3% | 5 | Thane, Maharashtra, India |
| Sambe Electronics Private Limited | ₹73.82 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| S.R.V. Home Appliances Private Limited | ₹72.85 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| BNK Energy Private Limited | ₹71.73 Cr (FY 2025) | 106.0% | Delhi, India | |||
| Amphi Plasto Private Limited | ₹71.47 Cr (FY 2025) | 19.0% | Haridwar, Uttarakhand, India |
To see the full peer comparison of Artemis Electricals and Projects Limited, buy the company report.
Auditor
Artemis Electricals and Projects Limited is audited by Mittal Agarwal & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mittal Agarwal & Co. | FY 2022 | 131025W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 72.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.60%.
Sep 2026
QUARTER
72.40% Promoters
27.60% Retail & Others
Promoter holding - history
Now 72.40% · Sep 2026High 72.40% · Dec 2025Low 72.40% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.40% | 72.40% | 72.40% | 72.40% |
| Public | 27.60% | 27.60% | 27.60% | 27.60% |
Charges & borrowings
Open charges
₹10.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2018 | 100190918 | Others | ₹10.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Artemis Electricals and Projects Limited has 27 deals on record (26 market trades, 1 ipo); the latest was in March 2025.
Total deals
27
Market trades
26
IPO
1
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹3.16 Cr | Buyer: NNM Securities Private Limited Seller: Malani Wealth Advisors Private Limited |
| Aug 2022 | Market trade | ₹5.6 Cr | Buyer: Master Merchants Pvt Ltd , NNM Securities Private Limited Seller: NNM Securities Private Limited , Appu Financial Services Ltd |
| Aug 2022 | Market trade | ₹6.37 Cr | Buyer: Master Merchants Pvt Ltd Seller: NNM Securities Private Limited |
| Jun 2022 | Market trade | ₹1.76 Cr | Buyer: Master Merchants Pvt Ltd |
| Jun 2022 | Market trade | ₹4.09 Cr | Buyer: Master Merchants Pvt Ltd Seller: an individual |
To see the full deal history of Artemis Electricals and Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Artemis Electricals and Projects Limited has 11 court cases on record: 5 filed by Artemis Electricals and Projects, 6 filed against it. 5 cases are pending and 6 are disposed.
Total cases
11
Filed by the company
5
Filed against the company
6
Pending
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 3 |
| High courts | 2 | 0 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Arbitration matter | Filed by the company against M/S Conquerent Control Systems Pvt. Ltd | Pending |
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Accurex Technologies Pte Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Shubh Die Castings Pvt. Ltd and 1 other | Pending |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Shubh Die Castings Private Limited | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by S N Electel Private Limited | Disposed |
To see the full case history of Artemis Electricals and Projects Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Artemis Electricals and Projects Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 158 overdue payments to 32 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ronak Industries | |||
| L.B. Polymers Private Limited | |||
| Sreesolder Manufacturing Company Private Limited | |||
| an individual supplier | |||
| Kevin Electrochem |
To see the full MSME payment records of Artemis Electricals and Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Artemis Electricals and Projects has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Artemis Opto Electronic Technologies Private Limited | U31400MH2009PTC194067 |
To see the full group structure of Artemis Electricals and Projects Limited, buy the company report.
Employees & EPFO
Artemis Electricals and Projects Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
GST
Artemis Electricals and Projects has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA0014B1ZI | Maharashtra | Active | 01 Jul 2017 |
| 24AAICA0014B1ZO | Gujarat | Active | 21 Mar 2018 |
| 07AAICA0014B1ZK | Delhi | Active | 24 Jan 2019 |
| 12AAICA0014B1ZT | Arunachal Pradesh | Active | 18 Dec 2020 |
To see the full GST registrations and return filing status of Artemis Electricals and Projects Limited, buy the company report.
Recent activity
Artemis Electricals and Projects Limited has 22 board changes on record since 2009: 14 appointments and 8 cessations. The latest: Dhruti Harsh Satia was appointed as Director on 20 Apr 2026.
Appointed
Dhruti Harsh Satia was appointed as Director.
Filing
Artemis Electricals And Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Appointed
Dharmendra Kumar Jain was appointed as Director.
AGM
Artemis Electricals And Projects Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Pravin Kumar Brijendra Kumar Agarwal ceased to be Director.
Appointed
Sachin Anant Nivalkar was appointed as Director.
Ceased
Richa Sharma ceased to be Director.
Appointed
Deepak Kumar was appointed as Director.
Ceased
Ramniranjan Bhutra ceased to be Director.
Appointed
Saideep Shantaram Bagale was appointed as Director.
Appointed
Shivkumar Chhangur Singh was appointed as Whole-Time Director.
Ceased
Chandrahas Narayan Shetty ceased to be Whole-Time Director.
14 earlier events are in the company report.
News
Frequently asked questions
Artemis Electricals and Projects is an active public limited company based in Thane, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 October 2009 (17+ years old) and is registered under CIN L51505MH2009PLC196683. Listed on BSE: 542670 and NSE: AEPL.
Artemis Electricals and Projects reported revenue of ₹80.56 Cr for FY 2025-26 (up 11.3% YoY) based on consolidated financials.
Artemis Electricals and Projects has 6 current directors:
- Shivkumar Chhangur Singh - Whole-Time Director
- Deepak Kumar - Director
- Saideep Shantaram Bagale - Director
- Dharmendra Kumar Jain - Director
- Sachin Anant Nivalkar - Director
- Dhruti Harsh Satia - Director
The latest financial statements of Artemis Electricals and Projects on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Artemis Electricals and Projects is 27AAICA0014B1ZI, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAICA0014B1ZO (Gujarat), 07AAICA0014B1ZK (Delhi), 12AAICA0014B1ZT (Arunachal Pradesh).
The CIN (Corporate Identification Number) of Artemis Electricals and Projects is L51505MH2009PLC196683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Artemis Electricals and Projects is a listed company as per MCA records. Its shares are listed on both BSE (code: 542670) and NSE (symbol: AEPL).
Artemis Electricals and Projects has 11 court cases on record: 5 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Artemis Electricals and Projects was incorporated on 26 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Artemis Electricals and Projects has 27 deals on record (26 market trades, 1 ipo); the latest was in March 2025.
The peers of Artemis Electricals and Projects by revenue are Sambe Electronics Private Limited, S.R.V. Home Appliances Private Limited, BNK Energy Private Limited, Amphi Plasto Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Dhruti Harsh Satia was appointed as Director on 20 Apr 2026. Dharmendra Kumar Jain was appointed as Director on 03 Feb 2026. Pravin Kumar Brijendra Kumar Agarwal ceased to be Director on 07 Jun 2023. Artemis Electricals and Projects has 22 board changes on record in total.