APEX FROZEN FOODS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 292.64
Dividend & Yield2.00₹ (0.79%)
Beta 0.87
Market capitalization 8.2B
Operating cash flow 284.3M
ESG Scores unknown

Company description

Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps. The company provides ready-to-cook white leg and black tiger shrimps, which include headless and shell-on, easy-peel, peeled, and cooked peeled shrimps, as well as shrimp rings and cocktail sauces, and seasoning shrimps. It offers ready-to-cook products under Bay Fresh, Bay Harvest, and Bay Premium brand names to food companies, retail chains, restaurants, club stores, and distributors. The company exports its products to the United States, the European Union, and China. Apex Frozen Foods Limited was founded in 1995 and is based in Kakinada, India.

Sector: Consumer Defensive - Industry: Farm Products

Financial Ratios
Quick Ratio1.23
Working Capital0.17
Return On Equity0.09
Debt To Equity0.06
Fixed Asset Ratio0.68
Fixed Interest Cover3.5

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 49.29M 138.48M -153.52M -90.5M
Total Cashflows From Investing Activities -1.14B -440.31M -140.08M -103.89M
Net Borrowings 223.67M 178.3M 183.22M -31.11M
Total Cash From Financing Activities 70.16M -137.03M 37.49M -204.89M
Change To Operating Activities -22.16M 169.08M 108.37M -146.54M
Issuance Of Stock
Net Income 607.96M 606.42M 442.85M 410.81M
Change In Cash -577.73M 5.67M 26.61M -24.48M
Effect Of Exchange Rate
Total Cash From Operating Activities 489.93M 583.01M 129.2M 284.3M
Depreciation 108.64M 190.55M 219.46M 185.1M
Change To Account Receivables -261.56M 144.22M -754.67M 173.66M
Other Cashflows From Financing Activities -78.17M -164.64M -145.73M -173.78M
Change To Netincome 54.6M 111.91M 38.22M 168.09M
Capital Expenditures -1.1B -384.69M -125.9M -106.35M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 936.72M 807.6M 606.02M 562.12M
Net Income 607.96M 606.42M 442.85M 410.81M
Selling General Administrative 487.62M 444.74M 407.35M 430.48M
Gross Profit 2.94B 2.54B 2.65B 2.99B
Ebit 787.59M 724.04M 689.89M 607.94M
Operating Income 787.59M 724.04M 689.89M 607.94M
Interest Expense -54.1M -93.64M -145.73M -173.78M
Income Tax Expense 328.75M 201.19M 163.17M 151.31M
Total Revenue 8.75B 8.27B 8.18B 9.14B
Cost Of Revenue 5.81B 5.74B 5.53B 6.15B
Total Other Income ExpenseNet 149.13M 83.56M -83.87M -45.83M
Net Income From Continuing Ops 607.96M 606.42M 442.85M 410.81M
Net Income Applicable To Common Shares 607.96M 606.42M 442.85M 410.81M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.55B 2.31B 2.17B 2.04B
Total Stockholder Equity 3.55B 3.96B 4.4B 4.75B
Other Current Liabilities 129.46M 224.66M 190.68M 162.03M
Total Assets 5.1B 6.27B 6.57B 6.79B
Common Stock 312.5M 312.5M 312.5M 312.5M
Other Current Assets 143.97M 186.84M 128.4M 424.2M
Retained Earnings 2.13B 2.54B 2.98B
Treasury Stock 4.44B
Cash 66.66M 72.33M 98.94M 74.46M
Total Current Liabilities 1.45B 2.06B 1.89B 1.75B
Other Stockholder Equity 4.44B
Property, Plant, and Equipment 2.31B 2.83B 2.66B 2.58B
Total Current Assets 2.64B 3.35B 3.86B 4.17B
Net Tangible Assets 3.55B 3.96B 4.4B 4.75B
Net Receivables 1.17B 953.12M 1.77B 1.65B
Accounts Payable 215.15M 333.37M 233.95M 209.3M


Insider Transactions

Here are the insider transactions of stock shares related to APEX FROZEN FOODS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Chowdary (Karuturi Subrahmanya)D2020-03-23Director (Executive)7.17k
Chowdary (Karuturi Subrahmanya)D2020-03-23Director (Executive)7.67k
Mantena (Lakshmipathi Raju)D2019-11-25UNREPORTED1.85k
Mantena (Lakshmipathi Raju)D2019-11-22UNREPORTED1k
Chowdary (Karuturi Subrahmanya)D2019-08-21Director (Executive)20
Chowdary (Karuturi Subrahmanya)D2019-08-21Director (Executive)200
Chowdary (Karuturi Subrahmanya)D2019-08-19Director (Executive)1k
Chowdary (Karuturi Subrahmanya)D2019-08-16Director (Executive)1k
Chowdary (Karuturi Subrahmanya)D2019-02-26Director (Executive)2.06k
Chowdary (Karuturi Subrahmanya)D2019-02-21Director (Executive)1k
Chowdary (Karuturi Subrahmanya)D2019-02-21Director (Executive)6.27k
Chowdary (Karuturi Subrahmanya)D2019-02-19Director (Executive)4.82k
Chowdary (Karuturi Subrahmanya)D2019-02-19Director (Executive)7.81k
Chowdary (Karuturi Subrahmanya)D2019-02-15Director (Executive)125
Chowdary (Karuturi Subrahmanya)D2019-02-14Director (Executive)79
Chowdary (Karuturi Subrahmanya)D2019-02-14Director (Executive)3.16k
Chowdary (Karuturi Subrahmanya)D2019-02-12Director (Executive)2.76k
Chowdary (Karuturi Subrahmanya)D2019-02-12Director (Executive)1.5k
Chowdary (Karuturi Subrahmanya)D2019-02-11Director (Executive)14k
Raghavaraju (G V)D2018-03-13UNREPORTED5.2k
Murthy (Karuturi Satyanarayana)D2018-01-19Chairman of the Board8.59k
Murthy (Karuturi Satyanarayana)D2018-01-17Chairman of the Board22.67k
Padmavathi (Karuturi)D2018-01-17Promoter5.67k
Prasad (P Durga)D2017-11-21UNREPORTED2.8k
Rao (Vallepalli Hanumantha)D2017-11-03UNREPORTED4.6k
Madhavi (D S)D2017-11-03UNREPORTED65
Madhavi (D S)D2017-10-31UNREPORTED524
Madhavi (D S)D2017-10-31UNREPORTED3.1k
Padmavathi (Karuturi)D2017-10-27Promoter67.81k
Padmavathi (Karuturi)D2017-10-27Promoter2.37k
Murthy (Karuturi Satyanarayana)D2017-10-26Chairman of the Board10.98k
Murthy (Karuturi Satyanarayana)D2017-10-26Chairman of the Board10.98k
Madhavi (D S)D2017-10-24UNREPORTED3.8k
Prasad (P Durga)D2017-10-23UNREPORTED560
Raghavaraju (G V)D2017-10-23UNREPORTED2.56k
Madhavi (D S)D2017-10-23UNREPORTED7.5k
Chowdary (Karuturi Subrahmanya)D2017-10-19Director (Executive)2k
Chowdary (Karuturi Subrahmanya)D2017-10-19Director (Executive)2k
Madhavi (D S)D2017-10-19UNREPORTED2k
Raghavaraju (G V)D2017-10-17UNREPORTED5k
Prasad (P Durga)D2017-10-16UNREPORTED2.8k
Raghavaraju (G V)D2017-10-10UNREPORTED5.6k
Raghavaraju (G V)D2017-10-06UNREPORTED252
Raghavaraju (G V)D2017-10-04UNREPORTED2.56k
Raghavaraju (G V)D2017-09-29UNREPORTED8.4k
Raghavaraju (G V)D2017-09-26UNREPORTED2.8k
Raghavaraju (G V)D2017-09-20UNREPORTED10.48k
Raghavaraju (G V)D2017-09-15UNREPORTED11.52k
Raghavaraju (G V)D2017-09-14UNREPORTED2.8k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to APEX FROZEN FOODS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on APEX FROZEN FOODS

Here is the result of two systematic investment strategies applied to APEX FROZEN FOODS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on APEX FROZEN FOODS

The following chart shows the equity curve of the two systematic investment strategies applied to APEX FROZEN FOODS:

APEX FROZEN FOODS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -3.76% on the backtest period.

Performance at glance

Performance

-3.76 %

Latent gain

-109.4 ₹

Invested capital

2912.9 ₹

Annualized return

-0.89 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on APEX FROZEN FOODS

This is the result of two momentum investment strategies applied to APEX FROZEN FOODS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on APEX FROZEN FOODS

The following chart shows all the entries opened by the momentum investment system on APEX FROZEN FOODS:

APEX FROZEN FOODS momentum entries
  • The first momentum investment strategy would give -1.75% of return on APEX FROZEN FOODS. That represents -80.05₹ of latent gain with 4565.65₹ of employed capital.
  • The second momentum investment strategy would give 1.85% of return on APEX FROZEN FOODS. That represents 61.0₹ of latent gain with 3303.2₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-1.75 %

Latent gain

-80.05 ₹

Invested capital

4565.65 ₹

Annualized return

9.55 %
Performance at glance (2Q Momentum)

Performance

1.85 %

Latent gain

61.0 ₹

Invested capital

3303.2 ₹

Annualized return

0.49 %

Momentum equity curve on APEX FROZEN FOODS

The following chart shows the equity curve of the two momentum strategies applied to APEX FROZEN FOODS:

APEX FROZEN FOODS momentum equity

Note: the dividends potentially given by APEX FROZEN FOODS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on APEX FROZEN FOODS

The following chart shows the employed capital evolution of the two momentum strategies on APEX FROZEN FOODS since the beginning:

APEX FROZEN FOODS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on APEX FROZEN FOODS

Buy the dip entry openings on APEX FROZEN FOODS

APEX FROZEN FOODS

The performance achieved by the robo-advisor on APEX FROZEN FOODS is 21.21%. That represents 49.05$ of latent gain with 231.3₹ of employed capital. The following chart shows APEX FROZEN FOODS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of APEX FROZEN FOODS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

21.21 %

Latent gain

49.05 ₹

Invested capital

231.3 ₹

Annualized return

9.55 %

Equity curve of the strategy applied to APEX FROZEN FOODS

The following chart shows the result of the investment strategy applied to APEX FROZEN FOODS:

APEX FROZEN FOODS

Note: the dividends potentially given by APEX FROZEN FOODS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on APEX FROZEN FOODS

The following chart shows the employed capital evolution since the beginning of the investment strategy on APEX FROZEN FOODS:

APEX FROZEN FOODS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on APEX FROZEN FOODS

In this section, I will compare the three previous investment strategies applied to APEX FROZEN FOODS.

Equity curve comparison on APEX FROZEN FOODS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

APEX FROZEN FOODS investment strategy comparison

Employed capital comparison on APEX FROZEN FOODS

APEX FROZEN FOODS investment comparison

Performance comparison on APEX FROZEN FOODS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -3.76% -109.4₹ 2912.9₹ -0.89%
Momentum 1 quarter -1.75% -80.05₹ 4565.65₹ -0.44%
Momentum 2 quarters 1.85% 61.0₹ 3303.2₹ 0.49%
Non-directional 21.21% 49.05₹ 231.3₹ 9.55%
Annualized return comparison

Automatic investment

-0.89 %

Momentum 1Q

0.49 %

Momentum 2Q

0.49 %

Non-directional

9.55 %

Correlated stocks

Here are the most positively and negatively correlated stocks with APEX FROZEN FOODS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between APEX FROZEN FOODS and the other stocks. There may be false positives or some missing correlated stocks. If the price of APEX FROZEN FOODS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name APEX FROZEN FOODS
Country India
City Kakinada
Address 3-160, Panasapadu
Phone 91 88 4238 3902
Website www.apexfrozenfoods.in
FullTime employees
Industry Farm Products
Sector Consumer Defensive
Exchange XNSE
Ticker APEX.XNSE
Market

APEX FROZEN FOODS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown