NSE: APEX | BSE: 540692

Mid-range Performer

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217.57 -0.94 (-0.43%)

32.85% Fall from 52W High

39,722 NSE+BSE Volume

NSE 23 Apr, 2025 3:31 PM (IST)

679.9

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Apex Frozen Foods Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for APEX, BSE:540692 Apex Frozen Foods Ltd.

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Apex Frozen Foods Ltd.

13 Feb 2025

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Accumulate: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Apex Frozen Foods Ltd. is trading below all available SMAs

Apex Frozen Foods Ltd.

28 Feb 2024

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Accumulate: Apex Frozen Foods Ltd.

Recommendation Target

Geojit BNP Paribas

Apex Frozen Foods Ltd. is trading below all available SMAs

Apex Frozen Foods Ltd.

23 Jun 2023, 12:00AM

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Buy: Apex Frozen Foods Ltd.

Recommendation Target

Geojit BNP Paribas

Apex Frozen Foods Ltd. has an average target of 245.00 from 1 broker.

Apex Frozen Foods Ltd.

23 Feb 2023, 12:00AM

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Accumulate: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Apex Frozen Foods Ltd. is trading below all available SMAs

Apex Frozen Foods Ltd.

25 Aug 2022

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Accumulate: Apex Frozen Foods Ltd.

Recommendation Target

Geojit BNP Paribas

Apex Frozen Foods Ltd. is trading below all available SMAs

Apex Frozen Foods Ltd.

08 Mar 2022

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Buy: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Q3FY22 revenue grew by 39% YoY (-19% QoQ) supported by low base (-20%YoY in Q3FY21 and improvement in realisation (+8%YoY). Volumes grew by 30%YoY on low base. The demand in export market is picking up with re-opening of restaurants & Caterings segment which had seen a sharp contraction during lockdown period. However, the current marine logistic issue is impacting volumes which is gradually improving. Export prices have also improved supported by better demand, better product mix and partially compensate for higher freight charge. Ramp-up in the newly added capacity along with higher contribution of value-added products will support...

Apex Frozen Foods Ltd. has an average target of 245.00 from 1 broker.

Apex Frozen Foods Ltd.

17 Nov 2021

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Buy: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Currently, the stock trades at 11x 1Yr Fwd P/E (3Yr Avg=16x). We value the stock at 11X FY23E EPS, factoring the current logistic issues. Current marine logistic issues impacted volumes Q2FY22 revenue grew by 2% YoY (+20%QoQ) despite current sea transport issues aided by improvement in realisation (~6%YoY). Volumes de-grew by 3.5%YoY partially impacted by the non-availability of shipping containers which we believe is temporary. In export markets, demand is picking up with re-opening of restaurants & Caterings segments which had seen a sharp contraction during lockdown period....

Apex Frozen Foods Ltd. has an average target of 245.00 from 1 broker.

Apex Frozen Foods Ltd.

13 Sep 2021

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Buy: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Q1FY22 revenue grew by 2% YoY (+23%QoQ) aided by recovery in demand along with firm realisation, despite reduction in export incentive. In export markets, demand from restaurants & catering had seen a sharp contraction during lockdown period which was partly compensated by higher demand from the retail segment. Now, with reopening of institutional segment, demand is picking up. However, the volumes were partially impacted by the non-availability of shipping containers which we believe is temporary. Export prices have also improved supported by better demand. Ramp-up in the newly added capacity along with higher contribution of value-added products will support future growth. We expect revenue growth of 34% CAGR over FY21-23E....

Apex Frozen Foods Ltd. has an average target of 245.00 from 1 broker.

Apex Frozen Foods Ltd.

30 Jun 2021

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Buy: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Currently, the stock trades at 9x 1Yr Fwd P/E (2Yr Avg=14x). We value the stock at 9X FY23E EPS, factoring the current uncertain situation. Healthy volumes in challenging conditions Q4FY21 revenue grew by 29% YoY aided by recovery in volumes along with firm realisation despite reduction in export incentive. In export markets, demand from restaurants & catering saw a sharp contraction which was partly compensated by higher demand from retail segment. Now, with re-opening of institutional segment, demand is likely to pick up. Export prices have also improved recently supported by...

Apex Frozen Foods Ltd. is trading below all available SMAs

Apex Frozen Foods Ltd.

02 Sep 2020

217.57

-0.43%

APEX FROZEN FOODS LIMITED

Buy: Apex Frozen Foods Ltd.

Target

Geojit BNP Paribas

Currently the stock trades at 13x 1Yr Fwd P/E (2Yr Avg=16x). We value the stock at 12X FY22E EPS, considering the current uncertain situation. Covid-19 impacts volumes but better than expected The COVID-19 pandemic has disrupted the industry supply-chain significantly due to global lock-down. Q1FY21 volumes de-grew by 11.4% YoY. April witnessed a significant impact, while May & June saw near-normal levels of operations. The revenue de-growth was mere at 1.6% YoY aided by improvement in realisation and benefit from rupee depreciation. In export markets, demand from restaurants &...

Apex Frozen Foods Ltd. is trading below all available SMAs

Is Apex Frozen Foods Ltd. worth buying?

351 Votes:

Buy 82.34%

Sell 7.69%

Hold 9.97%

RESEARCH REPORTS

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