GUJAPOLLOIndustrials

Gujarat Apollo Industries Limited

Industrial Products · ISIN INE826C01016 · BSE 522217 · NSE EQ · FV ₹10
Last price
₹324
-4.17%today
What this company does

Gujarat Apollo Industries Limited operates in Industrial Products, part of the Industrials sector. It booked ₹10 cr of revenue in its latest quarter (Q1 FY27) and kept 8.1% of sales as profit.

In the report:
44out of 100
Equitytale Health Score
Strained

Healthier than 44% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
38

At close. Not part of the score.

Profitability & returns27

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality21

Whether reported profit actually arrives as cash

Growth & consistency37

Whether sales and profit have grown, and how steadily

Valuation38

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 47%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Sales down 10% vs last year
! Profit down 30% vs last year
! Low 0.6% return on equity
! Operating cash flow is negative

What if I invest in GUJAPOLLO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹324 -4.17%
latest close · 2026-09-17
1-year return
+50.1%
52-wk low ₹19552-wk high ₹385
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio130.6High
LowAverageHigh
P/B ratio0.83Below book
Below bookModerateHigh
EV / EBITDA28.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity0.6%Weak
WeakFairStrong ▸15%
Return on capital2.1%Weak
WeakFairStrong
Net margin8.1%Decent
ThinDecentStrong
EBITDA margin40.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover2.7×Okay
RiskyOkayStrong ▸5×
Current ratio4.64Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹420 cr
Book value
₹391
EPS
₹0.62
latest quarter
Net debt
₹40 cr
owes more than its cash
Enterprise value
₹460 cr
EBITDA
₹16 cr
annualised
EBIT
₹11 cr
annualised
Operating margin
26.5%
Return on assets
0.6%
Earnings yield
0.77%
P/S
10.53
Sales / share
₹30.8
Tax rate
40.8%
Face value
₹10
Shares
1.3 cr
Working capital
₹180 cr
Current assets
₹230 cr
Current liabilities
₹50 cr
Delivery %
71.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹274₹299, midpoint ₹286

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹10 cr
Other Income₹7 cr
Total Income₹17 cr
Cost of Materials₹7 cr
Purchases of Stock-in-Trade₹29.6 L
Inventory Change (±)₹15.4 L
Employee Benefit Expense₹3 cr
Finance Costs₹99.3 L
Depreciation & Amortisation₹1 cr
Other Expenses₹4 cr
Total Expenses₹16 cr
Profit before Tax₹2 cr
Tax Expense₹67.1 L
Share of JV / Associates₹-16.8 L
Net Profit₹80.7 L
Net margin on total income4.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹7 cr42.0%
Employee benefit expense₹3 cr15.0%
Finance costs₹99.3 L5.7%
Depreciation & amortisation₹1 cr8.2%
Other expenses₹4 cr20.5%
Tax expense₹67.1 L3.9%
Profit for the period₹80.7 L4.7%
Total income ₹17 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue16 cr13 cr10 cr
Total income23 cr18 cr17 cr
Expenses23 cr17 cr16 cr
Profit before tax27.5 L1 cr2 cr
Tax5.4 L-43.6 L67.1 L
Net profit (owners' share)62.8 L2 cr80.7 L
Net margin (owners' share, on revenue)3.9%14.2%8.1%
EPS (₹)0.511.400.62
YoY (latest quarter): total income -0.8% · net profit -29.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹564 cr
Shareholder equity
₹507 cr
parent shareholders
Total debt
₹41 cr
Cash
₹68.4 L
Cash flow · H1 FY26
Operating
₹-5 cr
Investing
₹16 cr
Financing
₹-11 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹993₹48,086 cr50.1
Aditya Infotech Limited₹3,378₹39,814 cr70.0
Syrma SGS Technology Limited₹1,618₹31,158 cr77.9
Honeywell Automation India Limited₹33,915₹29,845 cr49.7
Kaynes Technology India Limited₹3,520₹23,596 cr104.5
Jyoti CNC Automation Limited₹981₹22,305 cr97.7
LMW Limited₹18,170₹19,406 cr87.4
Tega Industries Limited₹1,920₹14,425 cr
LLOYDS ENGINEERING WORKS LIMITED₹80₹11,801 cr42.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.62%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 23 Sep 2025
ActionDetailEx-date
Dividend₹2 / share23 Sep 2025
Dividend₹2 / share23 Sep 2024
Dividend₹2 / share22 Sep 2023
Dividend₹2 / share20 Sep 2022
Dividend₹2 / share21 Sep 2021
Buyback Buyback25 Feb 2021
Who owns it · 2026-06-30
No pledge
Promoter
47.3%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
52.7%
Promoter stake down 7.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldMaulikkumar Manilal Patel · Promoter Group3.13 L · ₹8.6 cr21 Aug 24
SoldPravinkumar Purshottamdas Patel · Promoter Group6,50022 Jun 24
SoldParul Pravinbhai Patel · Promoter Group11,05022 Jun 24
Bulk / block deals
SoldPANKAJ PRASOON AND (HUF) · NSE72,000 @ ₹34015 Sep 26
BoughtPANKAJ PRASOON AND (HUF) · NSE60,005 @ ₹400.520 Mar 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE67,634 @ ₹529.9126 Aug 25
Stake changes
SoldMaulikkumar Manilal Patel · promoter→ 0.00% · 3.13 L21 Aug 24
BoughtPranav Pravinbhai Patel · promoter→ 0.15% · 17,55022 Jun 24
SoldPravinkumar purshottamdas Patel · promoter→ 0.42% · 6,50022 Jun 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
To receive, consider and adopt Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025 including the audited Balance Sheet as at March 31, 2025, the Statement of Profit and Loss for the year ended on that date and the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
8.15 L votes for, 3 against
2
To declare final dividend of Rs. 2 per equity share i.e. 20% of the face value of Shares of Rs. 10/- each on equity shares for the financial year ended on 31st March, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
8.15 L votes for, 3 against
3
To appoint a Director in place of Mr. Arjun Asit Patel (DIN:09088869), who retires by rotation and being eligible offers himself for re- appointment.
Backed by 100% of shareholders other than promotersneeded 50%
8.15 L votes for, 3 against
4
To approve material related party transaction limits with Apollo Industries and Projects Limited.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
8.15 L votes for, 3 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 22 named members
owning 47.3% between them · as of 2026-06-30
Asit Anilkumar Patel HUF17.35%
Anand A Patel8.16%
Shardaben Anilkumar Patel6.44%
Manan Manibhai Patel3.29%
Patel Anilkumar Tribhovandas Huf3.27%
Sonali Anand Patel2.74%
Manibhai Virchanddas Patel1.76%
Arjun Asit Patel0.81%
Business done with them
FY2025 · 1 of the group
The company paid ₹80.3 L to companies in the promoter group last year — about 1.9% of its ₹42 cr revenue.
Anand A Patel
Other payments to them · Remuneration and Dividend
also owns 8.16% of the company
₹80.3 L
company paid

The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Oct 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 107% of what it set aside.

Expansion Plans, Working Capital Requirements of Company and its subsidiaries
spent more than set aside
165%
of what was set aside
Capital Expenditure
100%
of what was set aside
General Corporate Purposes
32%
of what was set aside

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.