Manufactures heavy drilling rigs and equipment for the geotechnical, foundation, and infrastructure sectors. Products include the Apollo ST 300 soil investigation rig (80 HP turbocharged diesel engine), the Hydraulic Drill Rig DR 15 (170 HP Ashok Leyland engine, 13.5-ton weight, used for anchors and micropiles), and the A100R GEN II Horizontal Directional Drilling rig (73 HP Caterpillar Stage V engine) designed for the European market. These are sold to geotechnical consultants, infrastructure developers, construction companies, research organisations, and renewable energy projects, with both domestic Indian and overseas customers. Consolidated revenue for FY26 was Rs. 110.381 crore with a net profit of Rs. 11.0443 crore, generated through the parent company and a subsidiary, Apollo Techno Equipments Ltd. Materials make up 77.9% of revenue, employee costs 5.7%, and other operating expenses 9.2%, with depreciation at 0.9% and capex at 1.7% of revenue. The company listed on the BSE SME platform on 31 December 2025, raising Rs. 47.96 crore via an IPO of 36.89 lakh shares at Rs. 130 each. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Manufacturing of drilling rigs and heavy machinery (100%). Capital goods manufacturer of heavy drilling machinery, with high material intensity and low capex (1.7% of revenue)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 110 |
| EBITDA (ex other income) | 14 |
| margin % | 12.9 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 10.12 |
| ROE % · ROCE % | 14.1 · 18.5 |
| Debt / equity (x) | 0.31 |
| Cash from operations | (30) |
| Capex | (2) |
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 48 | 62 |
| Profit before tax | 6 | 7 |
| Net profit | 4 | 7 |
| EPS (₹) | 4.20 | 6.27 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Sales within India | 51 | 46.6 |
| Sales outside India | 11 | 9.5 |
| Sales Within India | 39 | 35.4 |
| Sales Outside India | 9 | 8.5 |
| Total, before eliminations | 110 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · AGM notice and Annual Report FY26 intimation | compliance | minimal | — | — |
| 8 Sept 2026 · AGM notice published in newspapers; 10th AGM on Sept 30 | compliance | minimal | — | — |
| 7 Sept 2026 · Apollo Techno Industries files FY25-26 Annual Report | results | high | — | — |
| 7 Sept 2026 · Notice of 10th AGM to be held on 30 September 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Board meeting: CFO resigns, FY26 Director's Report and 10th AGM notice approved | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Apollo Techno Industries CFO Maulikkumar Bhatt resigns effective Aug 31, 2026 | management changes | high | — | — |
| 7 Aug 2026 · Clarification on share price movement | regulatory legal | medium | — | — |
| 6 Aug 2026 · BSE seeks clarification on share price movement | compliance | low | — | — |
| 18 Jul 2026 · CIN changed from unlisted to listed status | general | low | — | — |
| 16 Jul 2026 · Apollo Techno Industries launches new Soil Testing Rig Apollo ST 300 | business updates | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| JYOTI CNC AUTOMATION LTD |
| 22,490 |
| 69.9 |
| 11.24 |
| 39.7 |
| 16.8 |
| 19.2 |
| — |
| 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.6 | 26.9 | 20 of 138 | 86% |
| P/B | 1.6 | 3.5 | 28 of 111 | 76% |
| ROCE | 15.7 | 11.3 | 47 of 144 | 68% |
| ROE | 14.1 | 9.5 | 32 of 117 | 73% |
| Debt / Equity | 0.3 | 0.2 | 80 of 117 | 32% |
| EBITDA margin | 14.6 | 12.4 | 48 of 110 | 57% |
| Market cap | 123 | 356 | 95 of 140 | 32% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.