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APLLTD - Investment Analysis: Buy Signal or Bull Trap?

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Rating: 3.4

Last Updated Time : 05 May 26, 10:41 pm

Investment Rating: 3.4

Stock Code APLLTD Market Cap 15,174 Cr. Current Price 771 ₹ High / Low 1,108 ₹
Stock P/E 29.9 Book Value 267 ₹ Dividend Yield 1.43 % ROCE 11.3 %
ROE 9.68 % Face Value 2.00 ₹ DMA 50 741 ₹ DMA 200 826 ₹
Chg in FII Hold 0.03 % Chg in DII Hold 0.00 % PAT Qtr 149 Cr. PAT Prev Qtr 179 Cr.
RSI 59.7 MACD 15.2 Volume 2,45,612 Avg Vol 1Wk 1,68,559
Low price 635 ₹ High price 1,108 ₹ PEG Ratio -9.06 Debt to equity 0.27
52w Index 28.7 % Qtr Profit Var 74.0 % EPS 24.0 ₹ Industry PE 30.9

📊 Analysis: APLLTD shows moderate fundamentals with ROCE at 11.3% and ROE at 9.68%, which are below ideal levels for strong long-term compounding. The P/E ratio of 29.9 is close to the industry average of 30.9, suggesting fair valuation. EPS of 24.0 ₹ provides earnings visibility, and dividend yield of 1.43% adds modest income support. However, the PEG ratio of -9.06 indicates weak growth prospects relative to valuation. Debt-to-equity at 0.27 is manageable, but quarterly PAT declined (149 Cr vs 179 Cr), reflecting earnings pressure.

💰 Entry Price Zone: Ideal accumulation range is 740 ₹ – 760 ₹, near the 50 DMA (741 ₹), offering a safer entry below current levels.

📈 Exit Strategy / Holding Period: For existing holders, maintain a medium-term horizon (2–3 years) given fair valuation and modest dividend yield. Consider partial profit booking near 850 ₹ – 900 ₹ resistance levels. Long-term holding is not recommended unless ROE/ROCE improve significantly and earnings growth stabilizes.


✅ Positive

  • Dividend yield of 1.43% provides modest income support.
  • EPS of 24.0 ₹ ensures earnings visibility.
  • Debt-to-equity ratio of 0.27 is manageable.
  • FII holdings increased slightly (+0.03%), signaling foreign investor confidence.

⚠️ Limitation

  • Weak ROCE (11.3%) and ROE (9.68%) limit efficiency.
  • PEG ratio of -9.06 indicates poor growth prospects.
  • Quarterly PAT declined (149 Cr vs 179 Cr).
  • DII holdings remained flat (-0.00%), showing limited domestic support.

📉 Company Negative News

  • No major negative news reported, but declining quarterly profits are a concern.

📈 Company Positive News

  • Dividend yield supports investor returns.
  • Stable valuation close to industry average.

🏭 Industry

  • Industry P/E at 30.9 suggests moderate sector valuation.
  • Pharmaceutical sector benefits from consistent demand and long-term growth opportunities.

🔎 Conclusion

APLLTD is moderately attractive but faces challenges with weak profitability metrics and declining earnings. Entry near 740–760 ₹ provides better margin of safety. Hold for 2–3 years to benefit from dividend yield and potential recovery, but monitor quarterly performance closely. Partial exits near 850–900 ₹ are advisable unless ROE and ROCE improve significantly.

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