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Gujarat Apollo Industries Ltd (GUJAPOLLO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522217 NSE: GUJAPOLLO Engineering - Industrial Equipments | Small Cap | Guj. Apollo Inds Share Price

₹370.40 0.25 (0.07%)

As on 10-Jun'26 16:01

Gujarat Apollo Industries Ltd (GUJAPOLLO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522217 NSE: GUJAPOLLO Engineering - Industrial Equipments | Small Cap | Guj. Apollo Inds Share Price

₹370.40 0.25 (0.07%)

As on 10-Jun'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹480 Cr.
Current Price
₹370.4
52-Week Low / High
₹322 / 555
TTM EPS
₹1.7
TTM Sales
₹31.7 Cr.
Book Value per Share
₹205.1
P/E Ratio
224.13
Higher than its 5-year historical median
Industry PE
56.2
Price to Book (P/B)
1.80
Higher than its 5-year historical median
Price to Sales (P/S)
15.16
Higher than its 5-year historical median
EV/EBITDA
127.86
Higher than its 5-year historical median
Dividend Yield
0.64%
Profitability Efficiency
Return on Equity (ROE)
0.70%
Underperforms industry median
Return on Capital Employed (ROCE)
1.84%
Underperforms industry median
Return on Assets (ROA)
0.63%
Operating Profit Margin
-38.9%
Net Profit Margin
8.09%
Gross Profit Margin
26.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-47.61%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-51.35%
Asset Quality
Promoter Holding
47.30%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹255 Cr.
Equity
₹13 Cr.
Face Value
₹10
All Time Low / High
₹6.67 / 555.00

Gujarat Apollo Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Gujarat Apollo Industries Ltd a good quality company?
Gujarat Apollo Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Gujarat Apollo Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Gujarat Apollo Industries Ltd vs industry peers?
Gujarat Apollo Industries Ltd revenue CAGR is -5.40%, compared to the industry median CAGR of 3.04%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Gujarat Apollo Industries Ltd?
Promoters hold 47.30% of the Gujarat Apollo Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Gujarat Apollo Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 12.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gujarat Apollo Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.6%4.1%6.2%2.8%4.7%0.8%0.4%1.1%1.9%1.8%-
Value Creation
Index
-0.9-0.7-0.6-0.8-0.7-0.9-1.0-0.9-0.9-0.9-

Growth Parameters

Sales 77.967.668.429.826.529.229.623.938.320.132
Sales YoY Gr.--13.3%1.2%-56.4%-11.2%10.1%1.4%-19.2%60.3%-47.6%-
Adj EPS -1.42.61.46.76.71.31.21.93.50.51.7
YoY Gr.-NA-47.1%382.6%0.5%-81.3%-4%61.7%78.4%-86.4%-
BVPS (₹) 182.5199.7200199203.7202.1196.8196.5197.3196.7205.1
Adj Net
Profit
-1.93.61.88.48.51.61.42.34.10.62
Cash Flow from Ops. 9.2-18-24.9-5.3-0-8.5-8.1-7.7-2.4-9.9-
Debt/CF from Ops. 12.3-2.2-0.4-2.3-1339.1-0.9-1.2-1.4-4.9-1.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -14%-5.4%-12.1%-47.6%
Adj EPS NA-41.2%-26.8%-86.4%
BVPS0.8%-0.7%-0%-0.3%
Share Price 11.4% 9.6% 23.7% 5.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-0.71.40.73.33.30.60.611.80.20.8
Op. Profit
Mgn %
-6-13.9-11.6-11.9-17-35.6-28.7-28.5-12.6-38.9-30.5
Net Profit
Mgn %
-2.55.32.628.3325.44.89.610.62.86.8
Debt to
Equity
0.50.100.10000.10.10.10
Working Cap
Days
7398058512,0652,4132,1932,0892,4941,5493,0541,038
Cash Conv.
Cycle
108128133312318234208237138311916

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales78686830262930243820
Operating Expenses + 85847633314039314428
Manufacturing Costs6984434343
Material Costs56515622192723182814
Employee Cost 6664445567
Other Costs 171974457564
Operating Profit -7-16-8-4-5-10-9-7-6-8
Operating Profit Margin (%) -9.2%-24.0%-11.8%-11.9%-17.1%-35.7%-31.4%-30.3%-15.4%-38.9%
Other Income + 15322816191513121314
Exceptional Items 000-3000000
Interest 10621101111
Depreciation 2222222222
Profit Before Tax -481661220243
Tax -0-26-01-0-1-002
Profit After Tax -4101061021232
PAT Margin (%) -4.7%14.9%15.2%21.0%38.8%7.1%3.0%8.4%8.7%8.1%
Adjusted EPS (₹)-2.77.48.24.98.11.60.71.72.81.4
Dividend Payout Ratio (%)-93.10%33.90%36.60%60.70%36.90%122.20%269.60%117.40%70.90%145.30%

Valuation of Guj. Apollo Inds - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 249273253252258256232232233232
Share Capital 14141313131312121212
Reserves 236259241239245243220220221220
Debt +109391012979101111
Long Term Debt0000011222
Short Term Debt1093910129688910
Minority Interest0000000000
Trade Payables7936468354
Others Liabilities 195556475415
Total Liabilities 385325271275277273256250253263

Fixed Assets

Net Fixed Assets +44393836353333293136
Gross Block56525253545253525154
Accumulated Depreciation12131517191820222018
CWIP 0000000300
Investments 1631146062585555555555
Inventories26252220201520161116
Trade Receivables98710463186
Cash Equivalents 88666101100
Others Assets 134130138142154153145145147150
Total Assets 385325271275277273256250253263

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 9-18-25-5-0-9-8-8-2-10
PBT -481661220243
Adjustment 1-19-34-13-16-11-8-7-8-11
Changes in Working Capital 12-6-5260-0-1-0-3
Tax Paid 0-1-3-1-2-00-131
Cash Flow From Investing Activity + 1198721081433955
Capex -2-0-1-1-1-1-1-2-2-3
Net Investments 079601100000
Others 13191310915331178
Cash Flow From Financing Activity + -29-80-49-5-8-6-24-2-35
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -400000-0000
Interest Paid -10-6-2-1-1-0-1-1-1-1
Dividend Paid -5-40-7-4-4-2-2-2-2
Others -11-70-483-3-1-21218
Net Cash Flow -9-0-2-0-0-00-0-00

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-1.393.863.942.484.030.810.360.871.430.7
ROCE (%)1.574.066.232.794.730.810.431.131.941.84
Asset Turnover Ratio0.220.210.240.110.10.110.110.090.150.08
PAT to CFO Conversion(x)N/A-1.8-2.5-0.83-0-4.5-8-4-0.67-5
Working Capital Days
Receivable Days36.9043.4039100.9098.3062.2052.2031.5045.80127.90
Inventory Days105.40124123.80261.20273.80217.10218272.90128.40246.60
Payable Days48.5055.3038.9076.3090.7062.90106.90113.4053.30125.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gujarat Apollo Industries Ltd FAQs

The current trading price of Guj. Apollo Inds on 10-Jun-2026 16:01 is ₹370.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Guj. Apollo Inds stood at ₹480.1 Cr

The latest P/E ratio of Guj. Apollo Inds as of 09-Jun-2026 is 224.1.

The latest P/B ratio of Guj. Apollo Inds as of 09-Jun-2026 is 1.80.

The 52-week high of Guj. Apollo Inds is ₹555.0 and the 52-week low is ₹322.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Guj. Apollo Inds is ₹31.67 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gujarat Apollo Industries Ltd is a below average quality company.

The key valuation ratios of Gujarat Apollo Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gujarat Apollo Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Gujarat Apollo Industries Ltd

Gujarat Apollo Industries was incorporated as a joint venture between Apollo Earth Movers and Gujarat Industrial Investment Corporation (GIIC) on October 7, 1986. It is the flagship company of Apollo Group of companies.

The company was originally known as Gujarat Apollo Equipments. It got the present name on November 28, 2006. In 1992, GIIC sold its holding to its promoter group.

Apollo is primarily engaged in the business of manufacturing various types of road construction and maintenance machinery with the assistance of technical tie-up with different foreign collaborators including Barber Greene, USA, Atlas Weyhausen of Germany, Nigatta Engineering of Japan, Cederapid of USA and KDS Holding of Germany. The other activities of the company are construction.

From a modest beginning, Gujarat Apollo today offers an entire range of road construction equipment that help in building roads that are safe, durable and economical. Apollo's mission is to retain the leadership through continuous research and development and world class technology availed through joint venture or technology transfers.

The company is committed to offer equipment best suited to meet the rising demands of the nation’s world wide, meeting the quality standards technological sophistication and environment norms. It believes that customer satisfaction is achieved through quality of products and services, continuous improvement and up gradation of people process and procedure.

It has invested heavily in modern infrastructure, research and development and quality manpower that result in a product quality that more than meets the exacting quality standards of customers, international consultants and decision makers in governments.

Apollo as a group has diversified into road building, electronics, software development, industrial finance and environment protection.

Product Range:

With the state-of-the-art manufacturing facilities, ISO certified process, controlled production techniques combined with top quality raw materials,  Gujarat Apollo delivers such high quality standards in the products that justifies the pride of ownership. They offer:

  • Asphalt Plants - Aphalt Batch Type Portable Plants and Ultr Mobile Asphalt Plants
  • Paver Finishers - Mechanical Paver and Hydodtatic Paver
  • Kerb Paver - Extrusion Type and Slip Form Type
  • Wet Mix Plants
  • Bitumen Sprayer
  • Compaction Equipment
  • Crushing and Screening Machine
  • Road Marking Machine 
  • Allied Equipment
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