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Guj. Apollo Inds

₹265.8 -1.1 | 0.4%

Market Cap ₹314 Cr.

Stock P/E 25.7

P/B 0.6

Current Price ₹265.8

Book Value ₹ 413.2

Face Value 10

52W High ₹333

Dividend Yield 0.75%

52W Low ₹ 179.1

Guj. Apollo Inds Research see more...

Overview Inc. Year: 1986Industry: Engineering - Industrial Equipments

Gujarat Apollo Industries Ltd is an primarily India-based organisation engaged within the manufacture of equipment for mining, quarrying and construction. The Company offers equipment for construction and renovation machineries. The Company is focused on the crushing and screening system enterprise. The Company gives crushing, screening and recycling gadget, including jaw crushers, cone crushers, shaft impact crushers, secondary shaft effect crushers, vertical shaft impact crusher and bucket crusher. The Company gives included static and mobile crushing and screening solutions and different allied system. The Company manufactures a number of equipment to serve construction and mining industry. The Company's plant is placed at Mehsana, Gujarat. The Company's subsidiaries consist of Apollo Earthmovers Ltd, Apollo Maschinenbau GmbH and Apollo FBC Crushing Equipments Ltd, that are engaged in equipment manufacturing.

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Guj. Apollo Inds Share Price

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Quarterly Price

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Guj. Apollo Inds Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 5 20 23 29 14 10 18 13 17 14
Other Income 11 4 5 6 9 5 5 5 8 6
Total Income 16 24 28 35 23 16 23 19 25 20
Total Expenditure 10 19 22 30 16 11 21 13 18 13
Operating Profit 6 4 7 5 7 5 3 5 7 6
Interest 0 0 1 0 1 1 1 1 1 1
Depreciation 2 2 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 3 5 3 5 3 1 3 5 5
Provision for Tax 0 2 2 1 1 0 -4 0 0 0
Profit After Tax 3 1 3 2 3 3 5 3 5 5
Adjustments 0 1 -0 1 3 -0 -6 0 0 -0
Profit After Adjustments 4 2 2 3 7 2 -1 3 5 4
Adjusted Earnings Per Share 3.1 1.3 1.9 2.5 5.6 2.1 -0.6 2.7 4.4 3.7

Guj. Apollo Inds Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 255 58 81 82 68 68 30 26 55 56 72 62
Other Income 13 36 24 28 39 47 23 27 99 26 25 24
Total Income 268 94 105 110 107 116 53 54 154 81 96 87
Total Expenditure 222 75 87 94 85 78 37 33 66 60 77 65
Operating Profit 46 19 17 16 22 38 15 20 88 21 19 21
Interest 7 5 11 10 6 2 1 1 2 2 2 4
Depreciation 6 3 4 3 3 3 3 2 3 5 5 4
Exceptional Income / Expenses 4 163 0 0 0 -2 -3 0 0 0 0 0
Profit Before Tax 37 174 2 3 14 31 8 16 82 14 11 14
Provision for Tax 12 -2 3 -1 -1 7 1 3 37 6 -1 -4
Profit After Tax 25 176 -1 3 15 24 7 14 45 8 12 18
Adjustments 0 0 0 16 17 7 12 13 1 1 -1 -6
Profit After Adjustments 25 176 -1 19 31 31 19 26 45 9 11 11
Adjusted Earnings Per Share 15.1 110.3 -0.7 14 22.9 24.9 15.1 20.6 35.9 7.9 9.7 10.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 29% 40% 1% -12%
Operating Profit CAGR -10% -2% -13% -8%
PAT CAGR 50% -5% -13% -7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 36% 8% 13% 9%
ROE Average 2% 4% 3% 9%
ROCE Average 3% 7% 5% 10%

Guj. Apollo Inds Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 202 366 353 427 487 470 477 493 533 523 479
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 10 12 5 1 0 0 0 0 2 2 6
Other Non-Current Liabilities 12 4 4 3 -0 3 2 3 3 7 2
Total Current Liabilities 133 130 130 134 52 15 25 22 76 37 33
Total Liabilities 357 512 492 565 538 488 504 518 614 570 519
Fixed Assets 84 55 50 55 44 41 38 37 114 112 107
Other Non-Current Assets 60 80 95 223 248 243 261 139 209 217 73
Total Current Assets 213 377 348 288 247 204 205 342 292 240 339
Total Assets 357 512 492 565 538 488 504 518 614 570 519

Guj. Apollo Inds Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 15 20 45 34 19 25 1 0 0 0 0
Cash Flow from Operating Activities 42 81 -36 16 -2 -40 -6 10 -63 -14 -70
Cash Flow from Investing Activities -41 -63 35 10 87 92 11 2 20 92 69
Cash Flow from Financing Activities 5 7 -9 -35 -79 -49 -6 -13 43 -78 1
Net Cash Inflow / Outflow 5 25 -11 -9 5 4 -1 -0 0 0 -0
Closing Cash & Cash Equivalent 20 45 34 25 25 28 0 0 0 0 0

Guj. Apollo Inds Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 15.08 110.32 -0.66 13.98 22.9 24.87 15.12 20.62 35.91 7.87 9.68
CEPS(Rs) 18.4 112.24 1.97 4.84 12.66 21.09 7.72 12.7 37.95 11.19 14.9
DPS(Rs) 10 2.5 2.5 2.5 2.5 3 3 3 2 2 2
Book NAV/Share(Rs) 122.08 229.46 232.86 312.35 356.25 371.06 376.43 389.53 421.15 443.63 405.67
Core EBITDA Margin(%) 12.01 -26.77 -7.62 -13.19 -22.59 -13.99 -24.56 -25.71 -20.07 -8.1 -7.71
EBIT Margin(%) 16.1 284.32 15.13 14.16 26.07 46.9 31.91 67.08 152.68 29.18 19.31
Pre Tax Margin(%) 13.56 276.59 2.24 2.84 18.17 44.43 27.79 62.28 148.98 24.72 16
PAT Margin (%) 9.14 279.42 -1.15 3.63 19.34 33.99 23.98 51.28 81.01 14.69 17.35
Cash Profit Margin (%) 11.15 284.28 3.45 7.27 22.91 37.82 32.53 60.68 87.27 23.7 24.45
ROA(%) 7.66 40.46 -0.2 0.63 2.64 4.68 1.45 2.66 7.88 1.38 2.29
ROE(%) 12.51 61.91 -0.28 0.85 3.2 5.02 1.52 2.8 8.69 1.55 2.49
ROCE(%) 17.59 48.81 2.78 2.54 3.68 6.59 1.97 3.55 15.2 2.85 2.66
Receivable days 61.61 163.06 48.88 37.6 45.19 42.66 108.61 104.01 50.67 84.61 106.13
Inventory Days 79.07 259.71 132.2 116.42 133.64 131.78 268.99 274.61 124.82 188.7 178.11
Payable days 60.46 164.39 61.39 41.34 50.43 35.43 66.03 90.68 36.3 87 59.91
PER(x) 6.89 1.03 0 8.55 6.26 8.22 9.68 5.82 5.58 26.26 19.88
Price/Book(x) 0.85 0.5 0.53 0.38 0.4 0.55 0.39 0.31 0.48 0.47 0.47
Dividend Yield(%) 9.63 2.19 2.04 2.09 1.74 1.47 2.05 2.5 1 0.97 1.04
EV/Net Sales(x) 0.82 4.21 3.31 3.12 3.03 3.43 5.72 5.16 3.94 4.29 3.24
EV/Core EBITDA(x) 4.53 13.01 15.65 15.74 9.15 6.26 11.2 6.75 2.48 11.23 12.27
Net Sales Growth(%) -3.97 -77.08 38.55 0.9 -17.18 1.29 -56.09 -11.84 107.83 1.14 29.07
EBIT Growth(%) 4.4 306.26 -92.67 -1.72 52.69 68.32 -71.04 85.33 373.03 -80.67 -14.57
PAT Growth(%) 7.26 603.78 -100.57 432.25 341.18 64.48 -69.98 88.55 228.33 -81.66 52.47
EPS Growth(%) 7.27 631.79 -100.6 2228.19 63.83 8.58 -39.18 36.31 74.19 -78.08 22.94
Debt/Equity(x) 0.28 0.3 0.33 0.27 0.08 0.02 0.04 0.03 0.12 0.03 0.05
Current Ratio(x) 1.61 2.9 2.67 2.14 4.75 13.99 8.09 15.72 3.82 6.42 10.39
Quick Ratio(x) 1.18 2.65 2.45 1.93 4.23 12.34 7.29 14.82 3.59 5.37 9.45
Interest Cover(x) 6.32 36.81 1.17 1.25 3.3 18.97 7.74 13.97 41.24 6.55 5.83
Total Debt/Mcap(x) 0.33 0.62 0.63 0.72 0.2 0.04 0.09 0.09 0.26 0.07 0.11

Guj. Apollo Inds Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 56.33 56.34 56.34 55.7 55.7 55.7 55.7 55.7 54.86 54.79
FII 0 0 0 0 0 0 0 0 0 0.09
DII 0.5 0.5 0.5 0 0 0 0 0 0 0
Public 43.17 43.16 43.16 44.3 44.3 44.3 44.3 44.3 45.14 45.12
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.6 times its book value
  • Debtor days have improved from 87 to 59.91days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 4% over the last 3 years.
  • Earnings include an other income of Rs. 25 Cr.
  • The company has delivered a poor profit growth of -12% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Guj. Apollo Inds News

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