Integrated Filing — IndAS



General information about company
Scrip Code 522217
NSE Symbol GUJAPOLLO
MSEI Symbol NOTLISTED
ISIN INE826C01016
Name of company GUJARAT APOLLO INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Construction and Mining Machineries
Start date and time of board meeting 30-May-2025   17:00:00
End date and time of board meeting 30-May-2025   21:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-05-30
Indicate Company website link for updated RPT policy of the Company https://apollo.co.in/PDF/Policy_on_Related_Parties.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 61451000 200672000
Other income 26841000 141982000
Total income 88292000 342654000
2 Expenses
(a) Cost of materials consumed 47864000 174172000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1613000 -37696000
(d) Employee benefit expense 22065000 65361000
(e) Finance costs 2630000 11173000
(f) Depreciation, depletion and amortisation expense 5132000 18213000
(f) Other Expenses
1 Other Expenses 17282000 76887000
Total other expenses 17282000 76887000
Total expenses 96586000 308110000
3 Total profit before exceptional items and tax -8294000 34544000
4 Exceptional items 0 0
5 Total profit before tax -8294000 34544000
6 Tax expense
7 Current tax -2900000 0
8 Deferred tax 15277000 18303000
9 Total tax expenses 12377000 18303000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -20671000 16241000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -20671000 16241000
17 Other comprehensive income net of taxes -888000 -888000
18 Total Comprehensive Income for the period -21559000 15353000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 118000000 118000000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2288426000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.75 1.38
Diluted earnings (loss) per share from continuing operations -1.75 1.38
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.75 1.38
Diluted earnings (loss) per share from continuing and discontinued operations -1.75 1.38
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 339752000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 19483000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 553204000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 736000
Total non-current financial assets 553940000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 913175000
2 Current assets
Inventories 157711000
Current financial asset
Current investments 0
Trade receivables, current 56619000
Cash and cash equivalents 748000
Bank balance other than cash and cash equivalents 3864000
Loans, current 1448310000
Other current financial assets 0
Total current financial assets 1509541000
Current tax assets (net) 16000000
Other current assets 31290000
Total current assets 1714542000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2627717000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 118000000
Other equity 2288426000
Total equity attributable to owners of parent 2406426000
Non controlling interest
Total equity 2406426000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 16117000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 16117000
Provisions, non-current 0
Deferred tax liabilities (net) 25202000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 41319000
Current liabilities
Current financial liabilities
Borrowings, current 100101000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 31338000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 12625000
Total Trade payable 43963000
Other current financial liabilities 1828000
Total current financial liabilities 145892000
Other current liabilities 31522000
Provisions, current 2558000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 179972000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 221291000
Total equity and liabilites 2627717000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of post - employment benefit obligations -1187000 -1187000
Total Amount of items that will not be reclassified to profit and loss -1187000 -1187000
2 Income tax relating to items that will not be reclassified to profit or loss -299000 -299000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -888000 -888000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 34544000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 11173000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 18213000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 23400000
Adjustments for interest income 101387000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -14267000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -109668000
Net cash flows from (used in) operations -75124000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -75124000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 0
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 0
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 0
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -75124000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -75124000
Cash and cash equivalents cash flow statement at beginning of period 0
Cash and cash equivalents cash flow statement at end of period -75124000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 MAAK & ASSOCIATES Yes 30-Jun-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 AEML Investments Limited Apollo Industries and Projects Limited Associate Inter-corporate deposit 250000000 NIL 3598000 0 0 Inter-corporate deposit 0.07 Yearly Unsecured Principal Business Activity
2 AEML Investments Limited Apollo Industries and Projects Limited Associate Inter-corporate deposit 250000000 NIL 5400000 0 0 Inter-corporate deposit 0.07 Yearly Unsecured Principal Business Activity
3 AEML Investments Limited Apollo Industries and Projects Limited Associate Inter-corporate deposit 250000000 NIL 85900000 77321000 48659000 Inter-corporate deposit 0.07 Yearly Unsecured Principal Business Activity
4 AEML Investments Limited Krishitek Industries Private Limited Associate Inter-corporate deposit 250000000 NIL 1234000 0 0 Inter-corporate deposit 0.09 Yearly Unsecured Principal Business Activity
5 AEML Investments Limited Krishitek Industries Private Limited Associate Inter-corporate deposit 250000000 NIL 750000 0 0 Inter-corporate deposit 0.09 Yearly Unsecured Principal Business Activity
6 AEML Investments Limited Krishitek Industries Private Limited Associate Inter-corporate deposit 250000000 NIL 3500000 14507000 12867000 Inter-corporate deposit 0.09 Yearly Unsecured Principal Business Activity
7 AEML Investments Limited Krishitek Industries Private Limited Associate Investment 250000000 NIL 0 16500000 16500000
8 AEML Investments Limited Fieldtrack Earthmovers Private Limited WOS Sale of goods or services NIL 12139000 52711000 3429000
9 AEML Investments Limited Fieldtrack Earthmovers Private Limited WOS Purchase of goods or services NIL 1000 0 0
10 AEML Investments Limited Fieldtrack Earthmovers Private Limited WOS Interest received NIL 7015000 0 0
11 AEML Investments Limited Fieldtrack Earthmovers Private Limited WOS Inter-corporate deposit NIL 52500000 79986000 138800000
12 AEML Investments Limited Fieldtrack Earthmovers Private Limited WOS Investment NIL 4900000 0 4900000
13 AEML Investments Limited Shree Marutinandan Infrastructure Promoter of Parent Company is partner Inter-corporate deposit NIL 40000000 0 40000000
14 AEML Investments Limited Patan Market Yard Private Limited Promoter of Parent Company is Director Inter-corporate deposit NIL 9484000 0 0 Inter-corporate deposit 0.09 Yearly Unsecured Principal Business activity
15 AEML Investments Limited Patan Market Yard Private Limited Promoter of Parent Company is Director Inter-corporate deposit NIL 567000 0 0 Inter-corporate deposit 0.09 Yearly Unsecured Principal Business activity
16 AEML Investments Limited Patan Market Yard Private Limited Promoter of Parent Company is Director Inter-corporate deposit NIL 28800000 105799000 86101000 Inter-corporate deposit 0.09 Yearly Unsecured Principal Business activity
17 AEML Investments Limited Anand A Patel Director Loan NIL 13810000 0 0
18 AEML Investments Limited Anand A Patel Director Loan NIL 11760000 0 -2060000
19 AEML Investments Limited Anand A Patel Director Remuneration NIL 2640000 0 0
20 AEML Investments Limited Nayna A Patel Relative of Director Remuneration NIL 600000 0 0
21 AEML Investments Limited Manan M Patel Promoter of Parent Company Remuneration NIL 1440000 0 0
22 Gujarat Apollo Industries Limited AEML Investments Limited WOS Purchase of goods or services NIL 36000 0 0
23 Gujarat Apollo Industries Limited AEML Investments Limited WOS Sale of goods or services NIL 252000 0 0
24 Gujarat Apollo Industries Limited PFH Agri Equipment India Private Limited WOS Inter-corporate deposit NIL 58000 0 0
25 Gujarat Apollo Industries Limited PFH Agri Equipment India Private Limited WOS Inter-corporate deposit NIL 798000 550000 1400000
26 Gujarat Apollo Industries Limited Apollo Industries and Projects Limited Associate of Subsidiary Inter-corporate deposit NIL 68841000 0 0
27 Gujarat Apollo Industries Limited Apollo Industries and Projects Limited Associate of Subsidiary Inter-corporate deposit NIL 68000000 0 0
28 Gujarat Apollo Industries Limited Apollo Industries and Projects Limited Associate of Subsidiary Inter-corporate deposit NIL 74500000 969564000 1038021000
29 Gujarat Apollo Industries Limited Dev Information Technology Limited Common Director Any other transaction IT Servces taken NIL 252000 0 0
30 Gujarat Apollo Industries Limited Asit A Patel Managing Director Remuneration NIL 3860000 0 0
31 Gujarat Apollo Industries Limited Asit A Patel Managing Director Any other transaction Dividend Paid NIL 10000 0 0
32 Gujarat Apollo Industries Limited Anand A Patel Director Any other transaction Dividend Paid NIL 2118000 0 0
33 Gujarat Apollo Industries Limited Navinchandra V Shah Director Any other transaction Dividend Paid NIL 14000 0 0
34 Gujarat Apollo Industries Limited Nayna A Patel Director Any other transaction Dividend Paid NIL 54000 0 0
35 Gujarat Apollo Industries Limited Naman Madhav Patel Director Any other transaction Dividend Paid NIL 10000 0 0
36 Gujarat Apollo Industries Limited Nirav A Shah CFO Any other transaction Dividend Paid NIL 0 0 0
37 Gujarat Apollo Industries Limited Arjun A Patel Director Any other transaction Dividend Paid NIL 210000 0 0
38 Gujarat Apollo Industries Limited Jaimin Jagdishbhai Shah Director Any other transaction Sitting Fees NIL 25000 0 0
39 Gujarat Apollo Industries Limited Jheel Shah Director Any other transaction Sitting Fees NIL 20000 0 0
40 Gujarat Apollo Industries Limited Naman Madhav Patel Director Any other transaction Sitting Fees NIL 30000 0 0
41 Gujarat Apollo Industries Limited Neha Chikani Shah Company Secretary Remuneration NIL 654000 0 0
42 Gujarat Apollo Industries Limited Nirav A Shah CFO Remuneration NIL 656000 0 0
43 Gujarat Apollo Industries Limited Arjun A Patel Director Remuneration NIL 1284000 0 0
Total value of transaction during the reporting period 507720000