NSEI:GUJAPOLLO

Stock Analysis Report

Gujarat Apollo Industries

Executive Summary

Gujarat Apollo Industries Limited, together with its subsidiaries, manufactures and sells crushing and screening equipment for quarry, mining, construction, and recycling industries in India.


Snowflake Analysis

Adequate balance sheet with proven track record.

Share Price & News

How has Gujarat Apollo Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GUJAPOLLO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.7%

GUJAPOLLO

0.6%

IN Machinery

-0.07%

IN Market


1 Year Return

-8.9%

GUJAPOLLO

-0.7%

IN Machinery

9.5%

IN Market

Return vs Industry: GUJAPOLLO underperformed the Indian Machinery industry which returned -0.7% over the past year.

Return vs Market: GUJAPOLLO underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

GUJAPOLLOIndustryMarket
7 Day2.7%0.6%-0.07%
30 Day-2.2%-1.8%-1.3%
90 Day-2.0%4.9%1.9%
1 Year-7.1%-8.9%0.7%-0.7%11.5%9.5%
3 Year-7.1%-11.2%3.2%-0.6%23.6%16.7%
5 Year5.4%-3.3%19.5%12.7%35.5%22.9%

Price Volatility Vs. Market

How volatile is Gujarat Apollo Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gujarat Apollo Industries undervalued compared to its fair value and its price relative to the market?

5.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GUJAPOLLO (₹129.05) is trading above our estimate of fair value (₹22.4)

Significantly Below Fair Value: GUJAPOLLO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GUJAPOLLO is good value based on its PE Ratio (5.5x) compared to the Machinery industry average (14.9x).

PE vs Market: GUJAPOLLO is good value based on its PE Ratio (5.5x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GUJAPOLLO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GUJAPOLLO is good value based on its PB Ratio (0.2x) compared to the IN Machinery industry average (1.2x).


Next Steps

Future Growth

How is Gujarat Apollo Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gujarat Apollo Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Gujarat Apollo Industries performed over the past 5 years?

15.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GUJAPOLLO has high quality earnings.

Growing Profit Margin: GUJAPOLLO's current net profit margins (75.9%) are higher than last year (56.2%).


Past Earnings Growth Analysis

Earnings Trend: GUJAPOLLO's earnings have grown by 15.2% per year over the past 5 years.

Accelerating Growth: GUJAPOLLO's earnings growth over the past year (12.9%) is below its 5-year average (15.2% per year).

Earnings vs Industry: GUJAPOLLO earnings growth over the past year (12.9%) exceeded the Machinery industry -6.2%.


Return on Equity

High ROE: GUJAPOLLO's Return on Equity (5.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Gujarat Apollo Industries's financial position?


Financial Position Analysis

Short Term Liabilities: GUJAPOLLO's short term assets (₹2.1B) exceed its short term liabilities (₹278.5M).

Long Term Liabilities: GUJAPOLLO's short term assets (₹2.1B) exceed its long term liabilities (₹22.4M).


Debt to Equity History and Analysis

Debt Level: GUJAPOLLO's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: GUJAPOLLO's debt to equity ratio has reduced from 32.2% to 3% over the past 5 years.

Debt Coverage: GUJAPOLLO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GUJAPOLLO's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: GUJAPOLLO has a low level of unsold assets or inventory.

Debt Coverage by Assets: GUJAPOLLO's debt is covered by short term assets (assets are 14.7x debt).


Next Steps

Dividend

What is Gujarat Apollo Industries's current dividend yield, its reliability and sustainability?

2.31%

Current Dividend Yield


Dividend Yield vs Market

company2.3%marketbottom25%0.6%markettop25%2.6%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: GUJAPOLLO's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: GUJAPOLLO's dividend (2.31%) is low compared to the top 25% of dividend payers in the Indian market (2.59%).


Stability and Growth of Payments

Stable Dividend: GUJAPOLLO's dividend payments have been volatile in the past 10 years.

Growing Dividend: GUJAPOLLO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.8%), GUJAPOLLO's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average board tenure


CEO

Asit Anil Patel (51yo)

15.3yrs

Tenure

₹196,510

Compensation

Mr. Asit Anil Kumar Patel has been the Managing Director of Gujarat Apollo Industries Ltd. since August 10, 2004. Mr. Patel has been an Executive Director at Gujarat Apollo Industries Ltd. since July 01, 2 ...


Board Members

NamePositionTenureCompensationOwnership
Asit Anil Patel
MD & Executive Director15.3yrs₹196.51k17.81% 292.3m
Anand Patel
Non-Executive Director12.5yrsno data8.36% 137.2m
Manan Manibhai Patel
Non-Executive Director33.3yrsno data3.51% 57.7m
Nayna Patel
Additional Non Executive Woman Director4.8yrsno data0.21% 3.5m
Kapilaben Patel
Independent Non- Executive Women Director5yrs₹10.00kno data
Navinchandra Shah
Independent Chairman of the Board1yrs₹20.00k0.064% 1.0m
Naman Patel
Non-Executive Independent Director4.8yrs₹20.00k0.039% 648.0k

5.0yrs

Average Tenure

51yo

Average Age

Experienced Board: GUJAPOLLO's board of directors are considered experienced (5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GUJAPOLLO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gujarat Apollo Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gujarat Apollo Industries Limited
  • Ticker: GUJAPOLLO
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: ₹1.641b
  • Shares outstanding: 12.66m
  • Website: https://www.apollo.co.in

Location

  • Gujarat Apollo Industries Limited
  • Parishram
  • 5-B, Rashmi Society
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
522217BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
GUJAPOLLONSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

Gujarat Apollo Industries Limited, together with its subsidiaries, manufactures and sells crushing and screening equipment for quarry, mining, construction, and recycling industries in India. It offers jaw and cone crushers; primary and secondary impact crushers; vertical shaft impact crushers; vibrating screens; mobile crushing plants; crushing and screening plants; bucket crushers; and coal sampling units. The company also exports its products. The company was formerly known as Gujarat Apollo Equipments Limited and changed its name to Gujarat Apollo Industries Limited in November 2006. Gujarat Apollo Industries Limited was incorporated in 1986 and is based in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 13:05
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.