Synopsis:
Apis India Limited’s board approves the issue of bonus shares at a 24:1 ratio, giving shareholders 24 new shares for every existing share held.
This Micro-cap FMCG stock, engaged in processing and selling honey, jams, pickles, dates, tea, and bakery products, with a strong export presence and BRCGS-certified manufacturing facilities, hits a 5 percent upper circuit after the company board approves a 24:1 bonus share issue.
With a market capitalization of Rs. 451.50 crores, the shares of Apis India Limited hit a 5 percent upper circuit of Rs. 819.40 per share on Tuesday, up from its previous closing price of Rs. 780.40 per share.
What is the news?
Apis India Limited’s Board of Directors has decided to issue bonus shares at a ratio of 24:1, meaning that shareholders will receive twenty-four new fully paid-up equity shares of Rs. 10 each for every one existing fully paid-up equity share they hold.
For example, if a shareholder owns 100 shares of Apis India Limited, they will receive 2400 bonus shares, bringing their total holding to 2,500 shares after the 24:1 bonus issue
Company Overview
Apis India Limited was formally incorporated in 1983 and rebranded from eWeb Univ Ltd to Apis India Ltd in 2008, marking its strategic shift toward the food and beverage sector. It is a public FMCG company headquartered in New Delhi with 1,001–5,000 employees and 13 manufacturing facilities in India, plus one in Dubai.
The company operates 13 state-of-the-art manufacturing and supply chain facilities across India, including a 7-acre flagship plant in Roorkee, and has expanded globally with a production unit in Dubai to meet international demand.
Apis India Limited specializes in honey processing and a diverse range of edible products, including jams, pickles, bakery items, dates, and green tea, marketed under the brand promise of “Shuddh Aur Saccha” (Pure and True).
Recent quarter results
Coming into financial highlights, Apis India Limited’s revenue has decreased from Rs. 87.08 crore in Q1 FY25 to Rs. 86.86 crore in Q1 FY26, which is a drop of 0.25 percent. The net profit has also decreased by 51.99 percent from Rs. 5.27 crore in Q1 FY25 to Rs. 2.53 crore in Q1 FY26. Apis India Limited’s revenue and net profit have grown at a CAGR of 10.86 percent and 52.81 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 14.4 percent and 15.2 percent, respectively. Apis India Limited has an earnings per share (EPS) of Rs. 41, and its debt-to-equity ratio is 0.38x.
Written By – Nikhil Naik
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