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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gujarat Apollo Industries Ltd

About the Company - Gujarat Apollo Industries Ltd

Gujarat Apollo Industries Ltd. is a Public Limited Listed company incorporated on 07/10/1986 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45202GJ1986PLC009042 and registration number is 009042. Currently Company is involved in the business activities of Manufacture of machinery for mining, quarrying and construction. Company’s Total Operating Revenue is Rs. 29.57 Cr. and Equity Capital is Rs. 11.80 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - HeavyBlock No. 486, 487, 488, Mouje Dholasan, Mehsana District Gujarat 382732info@apollo.co.in
http://www.apollo.co.in
Management
NamePosition Held
Mr. Asit A PatelManaging Director
Mr. Navinchandra V ShahIndependent Director
Mr. Naman PatelIndependent Director
Mrs. Jheel ShaIndependent Director
Mr. Manibhai V PatelDirector
Mr. Anand A PatelDirector
Mrs. Nayna A PatelDirector

Gujarat Apollo Industries Ltd. Share Price Update

Share PriceValue
Today₹278.00
Previous Day₹282.60

Basic Stock Data of Gujarat Apollo Industries Ltd

Market Cap 336 Cr.
Current Price 285
High / Low333/178
Stock P/E27.6
Book Value 409
Dividend Yield0.68 %
ROCE2.38 %
ROE2.24 %
Face Value 10.0

Data Source: screener.in

Gujarat Apollo Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales11.7522.0718.947.444.9520.1123.1829.1913.9310.4818.2813.2117.18
Expenses13.1525.0624.069.1610.0119.1921.8130.1715.6811.0520.5313.4318.14
Operating Profit-1.40-2.99-5.12-1.72-5.060.921.37-0.98-1.75-0.57-2.25-0.22-0.96
OPM %-11.91%-13.55%-27.03%-23.12%-102.22%4.57%5.91%-3.36%-12.56%-5.44%-12.31%-1.67%-5.59%
Other Income-76.558.393.876.4010.593.555.235.518.595.245.185.377.60
Interest0.110.770.861.230.380.310.560.490.680.620.590.660.52
Depreciation0.590.631.600.831.561.561.061.271.291.281.271.221.22
Profit before tax-78.654.00-3.712.623.592.604.982.774.872.771.073.274.90
Tax %-1.02%37.75%-2.16%37.79%7.24%71.92%49.40%45.49%29.16%5.42%-356.07%4.89%2.86%
Net Profit-80.594.21-2.741.883.621.512.282.956.662.48-0.673.245.21
EPS in Rs-63.653.32-2.161.593.071.281.932.505.642.10-0.572.754.42

Gujarat Apollo Industries Ltd Quarterly Chart

Gujarat Apollo Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2652555881826868302655567259
Expenses2262227287908478373366597763
Operating Profit3933-14-7-9-16-9-7-7-11-4-5-4
OPM %15%13%-23%-8%-11%-24%-14%-22%-26%-20%-7%-7%-7%
Other Income81619624253945192799252423
Interest575111062112222
Depreciation5634333323555
Profit before tax373717423143181682141212
Tax %37%33%-1%152%-638%-6%23%14%18%46%41%-8%
Net Profit2325176-119313119144581210
EPS in Rs14.0615.08106.10-0.6613.9822.9124.8715.1210.7335.226.9310.578.70
Dividend Payout %18%66%2%-379%18%11%12%20%28%6%29%19%

Gujarat Apollo Industries Ltd Profit & Loss Yearly Chart

Gujarat Apollo Industries Ltd Growth

Compounded Sales Growth
10 Years:-12%
5 Years:1%
3 Years:39%
TTM:-19%
Compounded Profit Growth
10 Years:-7%
5 Years:-10%
3 Years:-6%
TTM:-15%
Stock Price CAGR
10 Years:11%
5 Years:15%
3 Years:10%
1 Year:48%
Return on Equity
10 Years:3%
5 Years:2%
3 Years:2%
Last Year:2%

Gujarat Apollo Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171615141413131313121212
Reserves181186350338413473457464481521512467471
Borrowings45561091161173910171465182629
Other Liabilities5399372022137101016281419
Total Liabilities295357511490565539487504517614570519532
Fixed Assets828455505545434039115114108106
CWIP0126000000156
Investments12571841802862692032112191131166061
Other Assets201215271254224225240253259385339345359
Total Assets295357511490565539487504517614570519532

Gujarat Apollo Industries Ltd Reserves and Borrowings Chart

Gujarat Apollo Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 174281-3616-2-40-810-63-14-70
Cash from Investing Activity -5-41-6335108792112209269
Cash from Financing Activity -1657-9-35-79-49-6-1343-781
Net Cash Flow-4525-11-954-3-000-0

Gujarat Apollo Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days69618842434939128637199136
Inventory Days126125271175174196157307372132389198
Days Payable57591094436581988714611346
Cash Conversion Cycle138127249172180188177347365158375288
Working Capital Days1761531,1608976558258712,0042,3801,1741,2861,555
ROCE %18%16%5%3%2%1%3%3%4%2%3%2%

Gujarat Apollo Industries Ltd Financial Efficiency Indicators Chart

Gujarat Apollo Industries Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters56.40%56.40%57.88%56.36%56.33%56.34%56.34%55.70%55.70%55.70%55.70%55.70%
Government0.37%0.46%0.50%0.50%0.50%0.50%0.50%0.00%0.00%0.00%0.00%0.00%
Public43.23%43.13%41.61%43.14%43.17%43.16%43.16%44.29%44.31%44.30%44.31%44.30%
No. of Shareholders6,1856,0766,9687,4617,0486,7536,6777,7647,4937,1597,0996,787

Gujarat Apollo Industries Ltd Shareholding Pattern Chart

No. of Gujarat Apollo Industries Ltd Shareholders

This stock is not held by any mutual fund

Gujarat Apollo Industries Ltd ROCE Trend

Gujarat Apollo Industries Ltd EPS Trend

Gujarat Apollo Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.687.8735.9120.6215.12
Diluted EPS (Rs.)9.687.8235.9120.6215.12
Cash EPS (Rs.)14.9011.1937.9512.707.72
Book Value[Excl.RevalReserv]/Share (Rs.)405.67443.63421.15389.53376.43
Book Value[Incl.RevalReserv]/Share (Rs.)405.67443.63421.15389.53376.43
Revenue From Operations / Share (Rs.)60.9149.8861.8235.7137.78
PBDIT / Share (Rs.)16.0918.0269.1116.0012.11
PBIT / Share (Rs.)11.7613.7766.3914.0310.08
PBT / Share (Rs.)9.7411.6764.7813.036.59
Net Profit / Share (Rs.)10.576.9335.2310.735.69
NP After MI And SOA / Share (Rs.)9.687.8735.8620.6215.12
PBDIT Margin (%)26.4136.12111.7844.8132.05
PBIT Margin (%)19.3127.60107.3839.3026.68
PBT Margin (%)15.9923.38104.7736.4817.45
Net Profit Margin (%)17.3513.8956.9730.0415.06
NP After MI And SOA Margin (%)15.8915.7858.0057.7340.03
Return on Networth / Equity (%)2.381.778.515.294.01
Return on Capital Employeed (%)2.853.0515.663.582.66
Return On Assets (%)2.201.637.395.043.79
Long Term Debt / Equity (X)0.010.000.000.000.00
Total Debt / Equity (X)0.050.030.120.020.03
Asset Turnover Ratio (%)0.180.060.100.100.11
Current Ratio (X)10.396.413.8615.918.17
Quick Ratio (X)9.455.363.6214.997.36
Inventory Turnover Ratio (X)1.211.381.430.910.87
Dividend Payout Ratio (NP) (%)0.0050.5913.9129.0456.10
Dividend Payout Ratio (CP) (%)0.0032.8412.9326.5149.46
Earning Retention Ratio (%)0.0049.4186.0970.9643.90
Cash Earning Retention Ratio (%)0.0067.1687.0773.4950.54
Interest Coverage Ratio (X)7.978.5742.9315.9312.39
Interest Coverage Ratio (Post Tax) (X)6.244.3022.8811.689.38
Enterprise Value (Cr.)232.86238.84216.89136.69171.78
EV / Net Operating Revenue (X)3.244.062.773.023.59
EV / EBITDA (X)12.2711.232.486.7511.20
MarketCap / Net Operating Revenue (X)3.164.143.243.363.88
Retention Ratios (%)0.0049.4086.0870.9543.89
Price / BV (X)0.470.460.470.300.38
Price / Net Operating Revenue (X)3.164.143.243.363.88
EarningsYield0.050.030.170.170.10

Gujarat Apollo Industries Ltd Profitability Ratios (%)

Gujarat Apollo Industries Ltd Liquidity Ratios

Gujarat Apollo Industries Ltd Liquidity Ratios (%)

Gujarat Apollo Industries Ltd Interest Coverage Ratios (%)

Gujarat Apollo Industries Ltd Valuation Ratios

Fair Value of Gujarat Apollo Industries Ltd Stock

Fair Value: ₹254.58

The stock is overvalued by 10.67% compared to the current price ₹285

*Investments are subject to market risks

Strength and Weakness of Gujarat Apollo Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (408.77 cr) compared to borrowings (50.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (90.38 cr) and profit (34.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 23.21 and average Dividend Yield of 44.05%.
  2. The stock has a low average ROCE of 5.17%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 298.75, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 230.33, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Gujarat Apollo Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE