# Aptech share price today (Aptech Ltd, NSE: APTECHT)

> Aptech share price today: ₹82.83 at the NSE close on 4 November 2026, down 21.8% in a year. Aptech (NSE: APTECHT) is worth ₹480 crore, trades at a P/E of 18.5 and has closed between ₹73.29 and ₹119.72 over the past 52 weeks. > Aptech Ltd's earnings have grown faster than its share price. Earnings per share grew +23.1% in a year while the price moved −21.8%. APTECHT · Computer Education · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/aptech-ltd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹82.83 (−21.8% in a year)
- P/E: 18.5× (lower than 95% of the last 11 years)
- Revenue (Jun 2026): ₹134 Cr (+11.1% on a year ago)
- Profit (Jun 2026): ₹7.7 Cr (+13.7% on a year ago)
- Operating margin: 6.8% (+0.7 points on a year ago)
- ROCE: 15%, FY26
- ROIC: 7.9%, against a 12.0% cost of capital: −4.1 points

The main question: profits are rising, but only 50% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Aptech share price today? Aptech Ltd's share price was ₹82.83 at the close on 4 November 2026. It has been falling for 13 weeks. That is 16.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹73 and ₹120, and at that close it sat 21% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 21 weeks running. Over the last 11 years the share price moved +116% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Aptech pay? Aptech paid ₹4.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 5.43% at the ₹82.83 close on 4 November 2026. The last was an interim dividend of ₹4.50 a share, ex-date 27 May 2026. ### Aptech dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 27 May 2026 | ₹4.50 | Interim | 28 May 2026 |
| 16 May 2025 | ₹4.50 | Interim | same day |
| 10 May 2024 | ₹4.50 | Interim | same day |
| 1 Jun 2023 | ₹6 | Interim | same day |
| 11 May 2022 | ₹5 | Interim | 12 May 2022 |
| 6 May 2021 | ₹2.25 | Interim | 7 May 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Aptech Ltd paid out 111% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What are Aptech's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Aptech reported revenue of ₹134 crore, up 11.1% from ₹120 crore a year earlier, and a profit of ₹7.65 crore, up 13.7% from ₹6.73 crore. ### Aptech results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹134 crore | ₹120 crore | +11.1% |
| Profit | ₹7.65 crore | ₹6.73 crore | +13.7% |
| Earnings per share | ₹1.32 | ₹1.16 | +13.8% |
| Operating margin | 6.8% | 6.1% | +0.7 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Aptech share price history? Aptech closed at ₹82.83 on 4 November 2026, down 21.8% from ₹105.95 a year earlier (7 November 2025) and down 68.2% over five years. Its highest weekly close since February 2016 was ₹399.00 on 26 May 2023. ### Aptech share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹77.70 | +6.6% |
| 1 month ago · 1 Oct 2026 | ₹87.03 | −4.8% |
| 6 months ago · 8 May 2026 | ₹109.47 | −24.3% |
| 1 year ago · 7 Nov 2025 | ₹105.95 | −21.8% |
| 3 years ago · 3 Nov 2023 | ₹254.00 | −67.4% |
| 5 years ago · 4 Nov 2021 | ₹260.43 | −68.2% |
| 10 years ago · 4 Nov 2016 | ₹129.64 | −36.1% |
| Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹38.43 | +115.5% |
| Highest weekly close since February 2016 · 26 May 2023 | ₹399.00 | −79.2% |
| 52-week high (weekly close) · 17 Jun 2026 | ₹119.72 | −30.8% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹73.29 | +13.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (564 weekly closes from 26 February 2016 to 4 November 2026.)

## What is the latest news on Aptech? 4 Nov 2026: Aptech closed at ₹82.83, up 6.6% on the week and down 4.8% on the month. Results for April to June 2026: Revenue up 11.1% and profit up 13.7% on a year earlier. ### Earlier

- 27 May 2026: ex-date for an interim dividend of ₹4.50 a share, record date 28 May 2026. ## Which stock lists is Aptech on? Aptech is not on any of our India lists this week. ## Is Aptech profitable? Aptech Ltd earned ₹7.7 Cr of net profit in the Jun 2026 quarter, +13.7% on the same quarter a year earlier. Full-year FY26 profit was ₹24.0 Cr. Over 10 years profit has grown 9.1% a year on average. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned ₹6.7 Cr. For the full year, FY26 profit was ₹24.0 Cr (+26.3% on the year before). Why profit moved: revenue changed +11.1% on a year earlier and the margin moved +0.7 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +26.6% and revenue +8.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Aptech make, and is it growing? Aptech Ltd reported ₹134 Cr of revenue in the Jun 2026 quarter, +11.1% on the same quarter a year earlier. Over 10 years it has grown 12.0% a year on average. The last full year, FY26, came in at ₹502 Cr. The last four reported quarters add to ₹517 Cr. FY26 revenue was ₹502 Cr, +9.1% on the year before. Recent pace: the last four quarters grew +8.9% on average, against 12.0% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.6%, against +11.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +17.8%, against −3.0% a year (accelerating). ## How much of every ₹100 of sales does Aptech keep? Aptech Ltd's operating margin was 6.8% in the Jun 2026 quarter, 0.7 percentage points higher than the same quarter a year ago. Across 13 years it has been between 6.0% and 18.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.7 percentage points on the year while gross margin changed +0.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Aptech's profit turning into cash? Over the last 3 years, 50% of Aptech Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹24.0 Cr of operating cash against ₹24.0 Cr of profit. After ₹12.0 Cr of spending on assets, ₹12.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 50% of profit came in as cash: the cash cycle got 136 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Aptech's cash go? Aptech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 49 days in FY26, down from 185 days in FY21. It spent ₹33.0 Cr on assets over the last 3 years. At FY26 sales of ₹502 Cr, each day of that cycle ties up about ₹1.4 Cr, so roughly ₹67.0 Cr is tied up in the business at any time. Spending on assets: ₹33.0 Cr over the last 3 years, against ₹25.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Aptech's P/E ratio, and how does it compare with its own history? Aptech Ltd's P/E is 18.5×, near the low end of its own history: it has been lower only 5% of the time. Its usual P/E (the middle reading) is 34.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹4.22. Why the multiple is where it is: over the past year earnings per share moved +23.1% while the price moved −21.8%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −20.5% a year; about +6.5% a year came from earnings growth and about −27.0 percentage points from the multiple (the market paying less); over 10 years the price moved −4.4% a year; about +7.2% a year came from earnings growth and about −11.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Aptech business getting better or worse? Aptech Ltd's business is getting better. Profit growth hit its low 6 quarters ago at −71.6% and has recovered to +17.8%, with ROCE steady at 14.5%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does Aptech earn on its capital? Aptech Ltd earned a ROCE of 15% in FY26. That is up from a low of 5% in FY21. Its return on capital used (ROIC) is 4.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.8% net margin and 1.17× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.8% net margin × 1.17× asset turnover × 1.72× leverage (assets divided by equity) ≈ 9.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 7.9% − 12.0% = −4.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 7.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 9.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Aptech have too much debt? Aptech Ltd has total debt of ₹13.0 Cr against shareholder equity of ₹249 Cr as of Jun 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.05 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Aptech shareholding pattern? Domestic institutions cut their stake in Aptech Ltd by 2.7 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 0.6% of the company. Foreign institutions moved +0.1 points over the same period, to 0.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −2.7 points over 8 quarters, to 0.6%; Foreign institutions: +0.1 points over 8 quarters, to 0.5%; Promoters: +0.0 points over 8 quarters, to 47.4%. Why the owners changed: domestic institutions drove it (−2.7 points). They reduced their stake. ## How far is Aptech from balance-sheet trouble? For Aptech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Aptech rank in its industry? 61.5 out of 100, rank 2 of 7 in Computer Education, with 76% of the evidence available. Aptech Ltd scores 61.5 out of 100 against the 7 companies it is compared with in Computer Education, ranking 2. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. The three scored parts add up to the total exactly: 23.1 + 15.9 + 22.5 = 61.5 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Aptech compared with? Aptech ranks 2 of 7 Computer Education companies on the 4-Factor Sector Score, with 61.5 out of 100. 1. [Veranda Learning Solutions Ltd](https://www.sectoralpha.in/stocks/veranda-learning-solutions-ltd) VERANDA · Most evidence points up · 66% evidence 68.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 35.5/43.75 · Revenue 32.2% · Profit 100% · Operating margin change 5 points · 88% evidence Capital efficiency 14.6/31.25 · ROCE 12.8% · Operating margin 35% · 100% evidence Valuation 18.8/25 · P/E 5.2× · PEG n/a · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 35.5 + 14.6 + 18.8 = 68.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. Aptech Ltd this page APTECHT · Evidence leans up · 76% evidence 61.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/43.75 · Revenue 8.6% · Profit 17.8% · Operating margin change 0.7 points · 88% evidence Capital efficiency 15.9/31.25 · ROCE 15.4% · Operating margin 6.8% · 100% evidence Valuation 22.5/25 · P/E 19× · PEG 0.86 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.1 + 15.9 + 22.5 = 61.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 3. [Vinsys IT Services India Ltd](https://www.sectoralpha.in/stocks/vinsys-it-services-india-ltd) VINSYS · breaking out · Too little evidence to rank firmly · 54% evidence 58.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.4/35 · Revenue 81.1% · Profit 57.9% · Operating margin change -1 points · 28% evidence Capital efficiency 15.8/25 · ROCE 21.4% · Operating margin 20% · 75% evidence Valuation 12.5/20 · P/E 30.3× · PEG 0.69 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 50.2% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 17.4 + 15.8 + 12.5 + 12.5 = 58.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [NIIT Learning Systems Ltd](https://www.sectoralpha.in/stocks/niit-learning-systems-ltd) NIITMTS · quiet · Evidence leans down · 100% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 19.3% · Profit 18.4% · Operating margin change -4 points · 100% evidence Capital efficiency 18.9/25 · ROCE 20.9% · Operating margin 15% · 100% evidence Valuation 11.2/20 · P/E 10.1× · PEG 2.52 · 100% evidence Relative strength 0.0/20 · Lead over its industry -42.6% · Lead over NIFTY 500 -41.9% · 1 year -50.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 13.2 + 18.9 + 11.2 + 0 = 43.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [NIIT Ltd](https://www.sectoralpha.in/stocks/niit-ltd) NIITLTD · quiet · Most evidence points down · 93% evidence 31.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 5.8% · Profit -79.2% · Operating margin change 2.4 points · 100% evidence Capital efficiency 3.5/25 · ROCE 2.2% · Operating margin 1.3% · 100% evidence Valuation 14.0/20 · P/E 89.8× · PEG 0.47 · 65% evidence Relative strength 0.0/20 · Lead over its industry -14.7% · Lead over NIFTY 500 -15.8% · 1 year -36.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 13.7 + 3.5 + 14 + 0 = 31.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Shanti Educational Initiatives Ltd](https://www.sectoralpha.in/stocks/shanti-educational-initiatives-ltd) SEIL · quiet · Most evidence points down · 64% evidence 30.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.9/35 · Revenue -11.8% · Profit -15.6% · Operating margin change -0.3 points · 88% evidence Capital efficiency 7.0/25 · ROCE 10.3% · Operating margin 26.3% · 100% evidence Valuation 8.5/20 · P/E 439× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.5% · 1 year 42.2% · 25% evidence · 2 of 12 weeks ahead Exact sum: 7.9 + 7 + 8.5 + 7.5 = 30.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Mobavenue AI Tech Ltd](https://www.sectoralpha.in/stocks/mobavenue-ai-tech-ltd) MOBAVENUE · Too little evidence to rank firmly · 44% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.3/43.75 · Revenue 100% · Profit 100% · Operating margin change 2 points · 62% evidence Capital efficiency 25.7/31.25 · ROCE 71.6% · Operating margin 21% · 76% evidence Valuation 11.9/25 · P/E 69.1× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.3 + 25.7 + 11.9 = 69.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Computer Education](https://www.sectoralpha.in/sectors/computer-education), all 7 compared on one page. ## Which companies are close to Aptech in size? Aptech is the 6th largest of 7 Computer Education companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Shanti Educational Initiatives, Mobavenue AI Tech, NIIT Learning Systems, NIIT and Vinsys IT Services India. Just below it: Veranda Learning Solutions. ### Computer Education companies close in size

1. [Shanti Educational Initiatives Ltd](https://www.sectoralpha.in/stocks/shanti-educational-initiatives-ltd) ₹2,551 crore
2. [Mobavenue AI Tech Ltd](https://www.sectoralpha.in/stocks/mobavenue-ai-tech-ltd) ₹2,419 crore
3. [NIIT Learning Systems Ltd](https://www.sectoralpha.in/stocks/niit-learning-systems-ltd) ₹2,208 crore
4. [NIIT Ltd](https://www.sectoralpha.in/stocks/niit-ltd) ₹915 crore
5. [Vinsys IT Services India Ltd](https://www.sectoralpha.in/stocks/vinsys-it-services-india-ltd) ₹900 crore
6. Aptech Ltd ₹492 crore
7. [Veranda Learning Solutions Ltd](https://www.sectoralpha.in/stocks/veranda-learning-solutions-ltd) ₹332 crore

[All 7 Computer Education companies, largest first](https://www.sectoralpha.in/sectors/computer-education#all-companies)

### Companies close in size in other industries

1. [S J Logistics (India) Ltd](https://www.sectoralpha.in/stocks/s-j-logistics-indialtd) ₹493 crore · Logistics
2. [Zee Media Corporation Ltd](https://www.sectoralpha.in/stocks/zee-media-corporation-ltd) ₹493 crore · Entertainment & Media
3. Aptech Ltd ₹492 crore
4. [HRS Aluglaze Ltd](https://www.sectoralpha.in/stocks/hrs-aluglaze-ltd) ₹492 crore · Construction - Civil/Turnkey
5. [International Conveyors Ltd](https://www.sectoralpha.in/stocks/international-conveyors-ltd) ₹492 crore

## What else do people ask about Aptech? ### What is Aptech's share price today? Aptech Ltd's share price is ₹82.83, −21.8% over the past year. The whole company is worth ₹480 Cr on the market. In the last 52 weeks it traded between ₹73 to ₹120; today it is 21% of the way up from the low, 16.3% below its 200-day average (as of 4 November 2026). ### What were Aptech's latest quarterly results? Aptech Ltd reported revenue of ₹134 Cr and net profit of ₹7.7 Cr for the Jun 2026 quarter. Revenue rose 11.1% and profit rose 13.7% compared with a year earlier. Earnings per share were ₹1.32. The operating margin was 6.8%, 0.7 percentage points higher than a year earlier (as of 4 November 2026). ### What is Aptech's market cap? Aptech Ltd's market capitalisation is ₹480 Cr at a share price of ₹82.83. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Aptech performing? Aptech Ltd's share price has been falling for 13 weeks. In its latest quarter, revenue rose 11.1% and profit rose 13.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 21 weeks running (as of 4 November 2026). ### Will Aptech's share price go up? This page does not forecast Aptech Ltd's share price. What it shows instead: the share price is ₹82.83, and it has been falling for 13 weeks. Its P/E of 18.5× is higher than 5% of its own last 11 years (as of 4 November 2026). ### Who owns Aptech? Promoters own 47.4% of Aptech Ltd, foreign institutions 0.5%, domestic institutions 0.6% and the public 51.6% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 2.7 percentage points over 8 quarters (as of 4 November 2026). ### Where is Aptech in its business cycle? Aptech Ltd's FY26 operating margin was 6.0%, against a 13-year range of 6.0% to 18.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 6.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Aptech story? The main question: profits are rising, but only 50% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Aptech a stock worth studying right now? What the numbers show: Aptech Ltd's earnings have grown faster than its share price. Earnings per share grew +23.1% in a year while the price moved −21.8%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). This is research, not advice. We’re not SEBI-registered.