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    Gujarat Apollo Industries Limited

    Gujarat-based manufacturer of road-construction equipment (asphalt & wet-mix plants, paver finishers) and mining/crushing equipment (crushers, screens, conveyors), diversifying into farm-mechanization via subsidiaries and associates.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹473 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1313121212121213
    Reserves481521512467471479480494
    Borrowings1465182622504541
    Other Liabilities1016281416142417
    Total Liabilities517614570519520555561564
    AssetsFixed Assets39115114108110128129127
    CWIP01154319
    Investments2191131166056606658
    Other Assets259385339345350364366371
    Total Assets517614570519520555561564

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-811-63-14-707-16-39
    Cash from Investing1122092693-1331
    Cash from Financing-6-1343-781-11298
    SummaryCapital Expenditure
    Free Cash Flow-89-144-18-689-14-50
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    GUJAPOLLO · CAPITAL_INTENSIVE

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