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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

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

Basic Stock Data of Gujarat Apollo Industries Ltd

Last Updated: July 19, 2024, 11:06 pm

Market Cap 310 Cr.
Current Price 263
High / Low333/202
Stock P/E28.0
Book Value 409
Dividend Yield0.76 %
ROCE3.10 %
ROE2.30 %
Face Value 10.0
PEG Ratio-6.82

Data Source: screener.in

Gujarat Apollo Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales22.0718.947.444.9520.1123.1829.1913.9310.4818.2813.2117.1813.68
Expenses25.0624.069.1610.0119.1921.8130.1715.6811.0520.5313.4318.1413.30
Operating Profit-2.99-5.12-1.72-5.060.921.37-0.98-1.75-0.57-2.25-0.22-0.960.38
OPM %-13.55%-27.03%-23.12%-102.22%4.57%5.91%-3.36%-12.56%-5.44%-12.31%-1.67%-5.59%2.78%
Other Income8.393.876.4010.593.555.235.518.595.245.185.377.606.03
Interest0.770.861.230.380.310.560.490.680.620.590.660.520.55
Depreciation0.631.600.831.561.561.061.271.291.281.271.221.221.23
Profit before tax4.00-3.712.623.592.604.982.774.872.771.073.274.904.63
Tax %37.75%-2.16%37.79%7.24%71.92%49.40%45.49%29.16%5.42%-356.07%4.89%2.86%2.59%
Net Profit4.21-2.741.883.621.512.282.956.662.48-0.673.245.214.42
EPS in Rs3.32-2.161.593.071.281.932.505.642.10-0.572.754.423.75

Last Updated: July 10, 2024, 5:39 pm

Gujarat Apollo Industries Ltd Quarterly Chart

Gujarat Apollo Industries Ltd Profit & Loss

Last Updated: July 10, 2024, 5:39 pm

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:0%
5 Years:14%
3 Years:1%
TTM:-21%
Compounded Profit Growth
10 Years:-3%
5 Years:-13%
3 Years:25%
TTM:-1%
Stock Price CAGR
10 Years:8%
5 Years:18%
3 Years:6%
1 Year:16%
Return on Equity
10 Years:3%
5 Years:2%
3 Years:2%
Last Year:2%

Last Updated: July 17, 2024, 5:39 pm

Gujarat Apollo Industries Ltd Balance Sheet

Last Updated: July 10, 2024, 5:39 pm

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 4281-3616-2-40-810-63-14-707
Cash from Investing Activity -41-63351087921122092693
Cash from Financing Activity 57-9-35-79-49-6-1343-781-11
Net Cash Flow525-11-954-3-000-00

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

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters57.88%56.36%56.33%56.34%56.34%55.70%55.70%55.70%55.70%55.70%54.86%54.79%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.09%
Government0.50%0.50%0.50%0.50%0.50%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public41.61%43.14%43.17%43.16%43.16%44.29%44.31%44.30%44.31%44.30%45.14%45.11%
No. of Shareholders6,9687,4617,0486,7536,6777,7647,4937,1597,0996,7877,13810,698

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 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.389.687.8735.9120.62
Diluted EPS (Rs.)9.389.687.8235.9120.62
Cash EPS (Rs.)13.6814.9011.1937.9512.70
Book Value[Excl.RevalReserv]/Share (Rs.)408.89405.67443.63421.15389.53
Book Value[Incl.RevalReserv]/Share (Rs.)408.89405.67443.63421.15389.53
Revenue From Operations / Share (Rs.)48.3662.6249.8861.8235.71
PBDIT / Share (Rs.)17.3416.0918.0269.1116.00
PBIT / Share (Rs.)13.2511.7613.7766.3914.03
PBT / Share (Rs.)11.529.7411.6764.7813.03
Net Profit / Share (Rs.)9.6010.576.9335.2310.73
NP After MI And SOA / Share (Rs.)9.389.687.8735.8620.62
PBDIT Margin (%)35.8425.6936.12111.7844.81
PBIT Margin (%)27.4018.7827.60107.3839.30
PBT Margin (%)23.8215.5623.38104.7736.48
Net Profit Margin (%)19.8416.8713.8956.9730.04
NP After MI And SOA Margin (%)19.3815.4515.7858.0057.73
Return on Networth / Equity (%)2.292.381.778.515.29
Return on Capital Employeed (%)3.212.853.0515.663.58
Return On Assets (%)2.132.201.637.395.04
Long Term Debt / Equity (X)0.010.010.000.000.00
Total Debt / Equity (X)0.040.050.030.120.02
Asset Turnover Ratio (%)0.110.130.060.100.10
Current Ratio (X)6.3910.396.413.8615.91
Quick Ratio (X)5.749.455.363.6214.99
Inventory Turnover Ratio (X)1.081.561.381.430.91
Dividend Payout Ratio (NP) (%)0.0041.1550.5913.9129.04
Dividend Payout Ratio (CP) (%)0.0028.4432.8412.9326.51
Earning Retention Ratio (%)0.0058.8549.4186.0970.96
Cash Earning Retention Ratio (%)0.0071.5667.1687.0773.49
Interest Coverage Ratio (X)10.017.978.5742.9315.93
Interest Coverage Ratio (Post Tax) (X)6.546.244.3022.8811.68
Enterprise Value (Cr.)270.79232.86238.84216.89136.69
EV / Net Operating Revenue (X)4.753.154.062.773.02
EV / EBITDA (X)13.2412.2711.232.486.75
MarketCap / Net Operating Revenue (X)4.423.074.143.243.36
Retention Ratios (%)0.0058.8449.4086.0870.95
Price / BV (X)0.520.470.460.470.30
Price / Net Operating Revenue (X)4.423.074.143.243.36
EarningsYield0.040.050.030.170.17

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

Fair Value: 265.40

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 0.91% compared to the current price 263

Intrinsic Value: 254.50

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 3.23% compared to the current price 263

Last 5 Year EPS CAGR: -4.11%

*Investments are subject to market risks

Strength and Weakness of Gujarat Apollo Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (427.75 cr) compared to borrowings (50.75 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 has a low average ROCE of 5.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 298.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 230.33, which may not be favorable.

FAQ

What is the latest fair value of Gujarat Apollo Industries Ltd?

The latest fair value of Gujarat Apollo Industries Ltd is ₹265.40.

What is the Market Cap of Gujarat Apollo Industries Ltd?

The Market Cap of Gujarat Apollo Industries Ltd is 310 Cr..

What is the current Stock Price of Gujarat Apollo Industries Ltd as on 21 July 2024?

The current stock price of Gujarat Apollo Industries Ltd as on 21 July 2024 is 263.

What is the High / Low of Gujarat Apollo Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Gujarat Apollo Industries Ltd stocks is 333/202.

What is the Stock P/E of Gujarat Apollo Industries Ltd?

The Stock P/E of Gujarat Apollo Industries Ltd is 28.0.

What is the Book Value of Gujarat Apollo Industries Ltd?

The Book Value of Gujarat Apollo Industries Ltd is 409.

What is the Dividend Yield of Gujarat Apollo Industries Ltd?

The Dividend Yield of Gujarat Apollo Industries Ltd is 0.76 %.

What is the ROCE of Gujarat Apollo Industries Ltd?

The ROCE of Gujarat Apollo Industries Ltd is 3.10 %.

What is the ROE of Gujarat Apollo Industries Ltd?

The ROE of Gujarat Apollo Industries Ltd is 2.30 %.

What is the Face Value of Gujarat Apollo Industries Ltd?

The Face Value of Gujarat Apollo Industries Ltd is 10.0.

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