---
title: "Apex Buildsys Ltd (531615) — Share Price, Financials & Analysis"
symbol: "531615"
company: "Apex Buildsys Ltd"
canonical: "https://tapetide.com/stocks/531615"
isin: "INE040E01028"
bse_code: "531615"
sector: "Industrials"
industry: "Construction"
generated_at: "2026-09-13T19:16:52.144Z"
---

# Apex Buildsys Ltd (531615)

Canonical page: https://tapetide.com/stocks/531615

## Company

- **BSE Code:** 531615
- **ISIN:** INE040E01028
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** apexbuildsys.com

## About

Apex Buildsys provides turnkey solutions for pre-engineered buildings, as well as civil structures. The company is the pre-engineered mega steel structure arm of Era Group.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -15.9% over last 3 years.
- Company has high debtors of 531 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -17% | — | — |
| revenue growth | -21% | -43% | 60% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 50 | 22 | 21 | 18 | 26 | 32 | 22 | 16 | 25 | 24 | 13 | 14 |
| Expenses | 49 | 26 | 25 | 19 | 23 | 32 | 23 | 14 | 25 | 23 | 13 | 16 |
| Operating Profit | 2 | -3 | -4 | -1 | 3 | -1 | -1 | 2 | 0 | 0 | 0 | -2 |
| OPM % | 3 | -14 | -17 | -4.8 | 10 | -1.6 | -3.4 | 10 | 1.4 | 1.1 | 0 | -15 |
| Other Income | -46 | -1 | 0 | 0 | -58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 8 | 9 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | -56 | -16 | -16 | -14 | -69 | -14 | -14 | -12 | -14 | -14 | -15 | -16 |
| Tax % | -17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -47 | -16 | -16 | -14 | -69 | -14 | -14 | -12 | -14 | -14 | -15 | -16 |
| EPS in Rs | -6.83 | -2.37 | -2.39 | -2 | -10 | -2.04 | -2.07 | -1.76 | -1.98 | -2.05 | -2.12 | -2.39 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 58 | 25 | 8 | 8 | 11 | 483 | 311 | 183 | 88 | 76 |
| Expenses | 55 | 25 | 10 | 10 | 10 | 417 | 259 | 169 | 93 | 77 |
| Operating Profit | 3 | 0 | -2 | -2 | 0 | 66 | 52 | 14 | -5 | -1 |
| OPM % | 5 | -1.2 | -19 | -23 | 4.4 | 14 | 17 | 8 | -6 | -1.9 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -46 | -59 | 1 |
| Interest | 0 | 1 | 1 | 1 | 0 | 40 | 41 | 46 | 38 | 44 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 12 | 12 | 14 | 13 | 13 |
| Profit before tax | 3 | -1 | -3 | -3 | 0 | 15 | 0 | -91 | -115 | -59 |
| Tax % | 41 | -30 | -31 | 43 | 0 | 12 | 15 | -17 | 0 | — |
| Net Profit | 2 | -1 | -2 | -4 | 0 | 13 | 0 | -75 | -115 | -59 |
| EPS in Rs | 1.73 | -0.69 | -1.97 | -3.94 | -0.21 | 5.59 | 0.04 | -10.98 | -16.76 | -8.54 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 24 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 38 | 37 | 35 | 30 | 52 | 220 | 221 | 145 | 30 | -53 |
| Borrowings | 10 | 9 | 7 | 4 | 0 | 238 | 315 | 285 | 321 | 324 |
| Other Liabilities | 9 | 3 | 2 | 2 | 2 | 112 | 84 | 72 | 74 | 131 |
| Total Liabilities | 68 | 60 | 54 | 48 | 78 | 584 | 633 | 516 | 438 | 417 |
| Fixed Assets | 0 | 9 | 7 | 7 | 6 | 233 | 222 | 207 | 193 | 173 |
| CWIP | 30 | 34 | 34 | 20 | 20 | 20 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| Other Assets | 37 | 17 | 11 | 20 | 51 | 330 | 410 | 307 | 245 | 243 |
| Total Assets | 68 | 60 | 54 | 48 | 78 | 584 | 633 | 516 | 438 | 417 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -16 | 7 | 13 | 4 | 3 | -30 | -92 | -59 | 32 | 6 |
| Cash from Investing Activity | -1 | -30 | -12 | -1 | 0 | -1 | -238 | 18 | 17 | 2 |
| Cash from Financing Activity | 16 | 25 | -2 | -3 | -3 | 30 | 343 | 34 | -52 | -10 |
| Net Cash Flow | 0 | 1 | -1 | 0 | 0 | 0 | 13 | -6 | -3 | -2 |
| Free Cash Flow | -16 | -24 | 1 | 4 | 3 | -30 | -93 | -41 | 48 | 6 |
| CFO/OP | -190 | 295 | -4480 | -259 | -162 | -6381 | -140 | -114 | 227 | -121 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 9 | 66 | 16 | 0 | 0 | 0 | 137 | 264 | 355 | 531 |
| Inventory Days | 65 | 8 | 22 | 406 | 18 | 34 | 67 | 142 | 243 | 317 |
| Days Payable | 3 | 58 | 52 | 510 | 335 | 606 | 77 | 129 | 270 | 425 |
| Cash Conversion Cycle | 71 | 15 | -14 | -104 | -317 | -572 | 127 | 277 | 328 | 423 |
| Working Capital Days | 133 | 166 | 189 | 337 | -41 | 1081 | 39 | 117 | 146 | -91 |
| ROCE % | 39 | 7 | -1 | -4 | -5 | 0 | 20 | 8 | 0 | -4 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 74.08% |
| Public | 25.92% |
| No. of Shareholders | 10631 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Promoters | 74.08% | 74.08% | 74.08% | 74.08% |
| Public | 25.92% | 25.92% | 25.92% | 25.92% |
| No. of Shareholders | 10634 | 10637 | 10636 | 10631 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 2 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 8.9 | Buy |
| EMA (10) | 8.83 | Buy |
| SMA (20) | 8.13 | Buy |
| EMA (20) | 8.38 | Buy |
| SMA (50) | 7.56 | Buy |
| EMA (50) | 7.89 | Buy |
| SMA (100) | 7.61 | Buy |
| EMA (100) | 8.17 | Buy |
| SMA (200) | 9.18 | Buy |
| EMA (200) | 9.72 | Sell |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 70.81 | Sell |
| MACD (12,26,9) | 0.51 | Buy |
| Stochastic (14,3,3) | 99.18 | Sell |
| ADX (14) | 18.37 | Neutral |
| Williams %R (14) | -2.07 | Sell |
| ATR (14) | 0.24 | Neutral |
| ROC (12) | 20.13 | Buy |
| Stoch RSI (14) | 94.18 | Sell |
| UO (7,14,28) | 76.86 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Jan - Certificate: dematerialisation confirmations for quarter ended 31 Dec 2025; MUFG Intime confirmation dated 05 Jan 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jan - Certificate: dematerialisation confirmations for quarter ended 31 Dec 2025; MUFG Intime confirmation dated 05 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6803a0c1-2fce-475f-a591-7a9cb67c76ac.pdf) |
| 30 Jan - RP-approved Q3 results (31 Dec 2025); going concern ceased; unprovided interest ~Rs.247,379 lakh; NCLT claims, Sarfaesi demand | [Financial Results For 31-12-2025 30 Jan - RP-approved Q3 results (31 Dec 2025); going concern ceased; unprovided interest ~Rs.247,379 lakh; NCLT claims, Sarfaesi demand](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b809034b-e628-4896-ae86-ca13f3f763f6.pdf) |
| 30 Jan - RP approved unaudited Q3 results (31-Dec-2025); CIRP, auditor qualified; Rs.2,47,379 lakh unprovided interest. | [Board Meeting Outcome for Un-Audited Financial Results For Quarter Ended 31St December, 2025 30 Jan - RP approved unaudited Q3 results (31-Dec-2025); CIRP, auditor qualified; Rs.2,47,379 lakh unprovided interest.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/64b9e7b7-d0d7-40c0-bef8-13557fa3ad57.pdf) |
| 22 Jan - RP to consider unaudited Q3 and nine-month results for Dec 31, 2025 on Jan 30, 2026. | [Board Meeting Intimation for Un-Audited Financial Results For Quarterly And Nine Month Ended 31St December, 2025. 22 Jan - RP to consider unaudited Q3 and nine-month results for Dec 31, 2025 on Jan 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c2d506a-52b8-4dc0-bf51-b1f23c8dea08.pdf) |
| 2 Feb - News Paper Cutting of paper advertisement of Results for quarter ended 31st December, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Feb - News Paper Cutting of paper advertisement of Results for quarter ended 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29e4892f-cfcb-47f0-ad9a-4a32c6990034.pdf) |
| — | [Intimation regarding commencement of Corporate Insolvency Resolution Process ("CIRP") and appointment of Resolution Professional under the provisions of Insolvency and Bankruptcy Code, 2016 in the matter of Era Buildsys Ltd (presently known as Apex Buildsys Limited) 18 Dec 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=74C6550D_5B6E_4C22_9DF2_FDB671CABF21_181159.pdf) |
| — | [Intimation regarding commencement of Corporate Insolvency Resolution Process ("CIRP") and appointment of Resolution Professional under the provisions of Insolvency and Bankruptcy Code, 2016 in the matter of Era Buildsys Ltd (presently known as Apex Buildsys Limited) 18 Dec 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/12/74C6550D_5B6E_4C22_9DF2_FDB671CABF21_181159.pdf) |
| — | [Board Meeting-Outcome of Board Meeting 10 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c083d707-b802-4795-9fe0-38c7e678088b.pdf) |
| — | [Board Meeting-Outcome of Board Meeting 10 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/c083d707-b802-4795-9fe0-38c7e678088b.pdf) |
| — | [Board Meeting On 10.02.2018 5 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22fc1c9d-83bf-4a20-9277-5579a7709ab3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_JBFIND_2011_2012_14092012110734.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_JBFIND_2010_2011_13092011044444.zip) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/76394514034.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/71094514034.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/68056514034.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/5140340319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/5140340318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/5140340317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/514034/5140340316.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531615/5316150316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:52.144Z.