Gujarat Apollo Industries Ltd

CMD Reappointment & Remuneration

• Re-appointment Asit A. Patel as CMD for 3 years from 01.09.2026, subject to AGM approval.
• Remuneration approved for Asit A. Patel as CMD for 3 years from 01.09.2026, subject to AGM approval.

Aryan Patel Appointment

• Appointment of Aryan A. Patel as Manager-Technical and Senior Manager (Executive-Business Development) from 01.10.2026, subject to AGM approval.
• Brief profile: Aryan Patel, son of Anand A. Patel; MS Stanford, BS Wisconsin-Madison; tech entrepreneur.

Financials

• Standalone total income ₹1,167.97 lakh; PAT ₹37.81 lakh; EPS ₹0.29; quarter ended 30 Jun 2026.
• Consolidated total income ₹1,747.28 lakh; PAT ₹97.49 lakh; EPS ₹0.62; quarter ended 30 Jun 2026.

Board approval & regulatory notes

• Board approved unaudited standalone and consolidated results for quarter ended 30 Jun 2026 on 14 Aug 2026.
• Results prepared under Ind AS 34; SEBI LODR compliant.
• Previous period figures reclassified/regrouped as needed.

Business & operations

• Company operates in a single segment: construction and mining machinery and spare parts.

Audit & subsidiaries

• Limited review conducted by M A K & Associates; no audit opinion issued.
• Consolidated results include subsidiaries AEML Investments Limited, Apollo FBC Crushing Equipment's Limited, PFH Agri Equipment India Pvt Ltd.

Meeting Details

• Board meeting on Friday, August 14, 2026 at 4:30 PM at Ahmedabad Corporate Office.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Adopt the Limited Review Report on Standalone and Consolidated Unaudited Results for quarter ended June 30, 2026.
• Any other matter with the permission of the Chair.

Other Notes

• Trading window closed from July 1, 2026 to August 16, 2026 for designated persons and their immediate relatives.

Dematerialisation processing & listing

• Dematerialisation requests for quarter ended 30 June 2026 were processed and confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within prescribed timelines.

Trading Approval for Preferential Shares

• Trading approval granted for 1,170,000 equity shares issued on preferential basis
• Shares have face value of Rs. 10 each and are fully paid-up
• Shares permitted to trade from March 24, 2026
• Trading approval subject to lock-in provisions under SEBI regulations

Business Overview

• Gujarat Apollo Industries Ltd. operates in construction, mining, and agriculture equipment sectors.
• Core segments: road-construction equipment, mining equipment, and agricultural equipment via subsidiaries.
• Road-construction equipment development to restart post non-compete expiry in 2025.

Key Operational Highlights

• Product portfolio includes asphalt mixing plants, crushers, conveyors, and pick & carry cranes (under development).
• Agricultural equipment includes small tractors, harvesters, and planting/processing machinery via subsidiaries.
• Dealer network expansion planned to deepen rural market penetration.
• Modernization and capacity expansion capex targeted for completion by June 2026.

Financial Performance 📊

• Target revenue: ₹210 Crores from infrastructure equipment and ₹90 Crores from agri-equipment within 3 years.
• Combined revenue goal: ₹300+ Crores by 2029, growing to ₹500+ Crores by 2031 through new products and acquisitions.

Capital Structure & Liquidity

• Committed ₹26 Crores capex funded via preferential warrants converted to equity, avoiding major debt.
• Capex allocated for modernization of parent and subsidiary facilities to meet demand growth.

Strategic Priorities & Outlook

• Dual-engine growth strategy focusing on infrastructure and agriculture equipment over next three fiscal cycles.
• Planned acquisition of 50% stake in Ganesh Agro to strengthen agri-equipment business.
• Launch of pick & carry cranes to diversify product offerings.
• Expansion of dealer network and supply chain optimization to ensure product availability.

🗓️ Meeting Details

• Board meeting scheduled for February 14, 2026, at Ahmedabad Corporate Office.

📊 Financial Results

• Approval of unaudited standalone and consolidated financial results for quarter and half year ended December 31, 2025.
• Adoption of Limited Review Report by Statutory Auditors on unaudited financial results for the same period.