GUJAPOLLO

Gujarat Apollo Industries Limited

Construction and mining machinery and spare parts manufacturer

Industrials›Capital Goods›Industrial Manufacturing›Industrial Products

apollo.co.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹343.80
Market cap
447 Cr
Stock P/E
79.8
P/B
0.88
Dividend yield
1.1%
ROE (FY26)
1.2%
ROCE (FY26)
1.9%
Operating margin (FY26)
-30.9%
Debt / equity (FY26)
0.08

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Gujarat Apollo manufactures and sells construction and mining machinery and spare parts, run as a single business segment from Mehsana, Gujarat.

Company snapshot

57thBy market cap

Ranked among 69 companies in Industrial Products.

What we see

Positives
  • ✓Debt-to-equity of 0.08x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales17 Cr14 Cr13 Cr9 Cr10 Cr6 Cr17 Cr11 Cr13 Cr16 Cr13 Cr10 Cr
Operating expenses (approx.)18 Cr13 Cr15 Cr11 Cr11 Cr8 Cr26 Cr13 Cr15 Cr20 Cr15 Cr13 Cr
EBITDA-0.96 Cr0.38 Cr-2 Cr-2 Cr-1 Cr-2 Cr-9 Cr-2 Cr-2 Cr-4 Cr-2 Cr-3 Cr
OPM %-5.6%2.7%-16.9%-24.4%-11.9%-30.5%-50.5%-21.0%-18.2%-24.3%-16.9%-34.5%
Other income8 Cr6 Cr4 Cr8 Cr8 Cr6 Cr6 Cr7 Cr8 Cr7 Cr5 Cr7 Cr
Interest0.52 Cr0.55 Cr0.32 Cr0.41 Cr0.74 Cr1 Cr2 Cr1 Cr0.95 Cr1 Cr0.46 Cr0.99 Cr
Depreciation1 Cr1 Cr1 Cr1 Cr1 Cr1 Cr2 Cr1 Cr1 Cr1 Cr1 Cr1 Cr
Profit before tax5 Cr5 Cr0.04 Cr4 Cr5 Cr2 Cr-5 Cr2 Cr3 Cr0.68 Cr1 Cr1 Cr
Tax %2.5%2.7%4368.9%10.2%10.8%4.1%-68.1%25.9%31.9%8.0%-31.3%45.4%
Net profit5 Cr4 Cr-2 Cr4 Cr5 Cr2 Cr-9 Cr1 Cr2 Cr0.63 Cr2 Cr0.81 Cr
EPS (₹)₹4.42₹3.75₹-1.54₹3.37₹4.06₹1.98₹-7.42₹0.98₹1.98₹0.51₹1.40₹0.62

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales—67 Cr30 Cr26 Cr55 Cr56 Cr72 Cr57 Cr42 Cr53 CrSign in free for the trailing twelve months
Operating expenses (approx.)—78 Cr37 Cr33 Cr66 Cr60 Cr77 Cr60 Cr55 Cr64 CrSign in free for the trailing twelve months
EBITDA—-11 Cr-7 Cr-7 Cr-11 Cr-5 Cr-6 Cr-3 Cr-14 Cr-11 CrSign in free for the trailing twelve months
OPM %—-17.0%-24.6%-25.7%-20.1%-8.1%-7.7%-5.3%-33.0%-20.3%Sign in free for the trailing twelve months
Other income—49 Cr23 Cr27 Cr99 Cr26 Cr25 Cr23 Cr29 Cr26 CrSign in free for the trailing twelve months
Interest—2 Cr1 Cr1 Cr2 Cr2 Cr2 Cr2 Cr4 Cr4 CrSign in free for the trailing twelve months
Depreciation—3 Cr3 Cr2 Cr3 Cr5 Cr5 Cr5 Cr5 Cr6 CrSign in free for the trailing twelve months
Profit before tax—39 Cr20 Cr29 Cr83 Cr15 Cr10 Cr13 Cr7 Cr7 CrSign in free for the trailing twelve months
Tax %—19.0%5.6%10.0%45.1%37.6%-9.3%17.0%66.6%15.9%Sign in free for the trailing twelve months
Net profit—31 Cr19 Cr26 Cr45 Cr9 Cr11 Cr11 Cr2 Cr6 CrSign in free for the trailing twelve months
EPS (₹)—₹24.23₹15.12₹20.62₹35.91₹7.87₹9.68₹9.38₹1.99₹4.80Sign in free for the trailing twelve months
Dividend payout %————0.0%50.6%41.2%42.5%200.5%79.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital14 Cr13 Cr13 Cr13 Cr13 Cr12 Cr12 Cr12 Cr12 Cr13 Cr
Reserves451 Cr457 Cr464 Cr481 Cr521 Cr512 Cr467 Cr471 Cr479 Cr494 Cr
Borrowings39 Cr10 Cr17 Cr14 Cr65 Cr18 Cr26 Cr22 Cr50 Cr41 Cr
Other liabilities13 Cr7 Cr10 Cr10 Cr16 Cr28 Cr14 Cr15 Cr14 Cr17 Cr
Total liabilities517 Cr487 Cr504 Cr517 Cr614 Cr570 Cr519 Cr519 Cr555 Cr564 Cr
Fixed assets (net)45 Cr41 Cr38 Cr37 Cr113 Cr112 Cr107 Cr108 Cr117 Cr117 Cr
CWIP—0.23 Cr0 Cr0 Cr0.50 Cr0.54 Cr5 Cr4 Cr3 Cr9 Cr
Investments248 Cr205 Cr213 Cr221 Cr115 Cr118 Cr61 Cr58 Cr60 Cr58 Cr
Loans & advances—134 Cr140 Cr155 Cr149 Cr154 Cr259 Cr156 Cr162 Cr158 Cr
Inventories26 Cr24 Cr20 Cr20 Cr18 Cr40 Cr31 Cr21 Cr26 Cr35 Cr
Trade receivables9 Cr7 Cr11 Cr5 Cr11 Cr15 Cr27 Cr25 Cr19 Cr18 Cr
Cash & bank30 Cr28 Cr25 Cr0.17 Cr0.17 Cr0.40 Cr0.15 Cr0.35 Cr0.15 Cr0.68 Cr
Other assets159 Cr47 Cr57 Cr80 Cr207 Cr130 Cr29 Cr147 Cr168 Cr170 Cr
Total assets517 Cr487 Cr504 Cr517 Cr614 Cr570 Cr519 Cr519 Cr555 Cr564 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity9 Cr———-136 Cr65 Cr-70 Cr24 Cr-16 Cr-39 Cr
Cash from investing79 Cr———93 Cr13 Cr69 Cr-14 Cr-13 Cr31 Cr
Cash from financing-84 Cr———43 Cr-78 Cr0.55 Cr-11 Cr29 Cr8 Cr
Net cash flow5 Cr———0.0003 Cr0.22 Cr-0.25 Cr0.20 Cr-0.19 Cr0.53 Cr
Free cash flow (OCF − Capex)————-217 Cr61 Cr-76 Cr16 Cr-37 Cr-50 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—8.5%4.4%6.0%14.2%3.2%2.5%3.1%2.0%1.9%
ROE %—6.7%4.0%5.3%8.5%1.8%2.4%2.3%0.5%1.2%
Debtor days—40128637199135158169126
Inventory days—155353393218355363277303311
Days payable—18102747510484727672
Cash conversion cycle—177379382214350414363396365
Debt / equity0.080.020.040.030.120.030.050.040.100.08
Current ratio—14.768.1715.913.866.4110.396.394.004.64
Net debt / EBITDA——————————