Apollo Green Energy Limited

-22.95 % 1 M

As of May 09, 2025, Apollo Green Energy Limited share price is INR 235.00 per share and the face value is INR 10.00 per share. The lot size of Apollo Green Energy Limited is 0 shares. The 52 week high for Apollo Green Energy Limited is INR 525.00, while the 52 week low is INR 235.00

About Apollo Green Energy Limited

A Comprehensive Overview of Price & Journey
Understanding Apollo Green Energy Limited Inception and Growth
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About Apollo Green Energy Limited

IPO Details, Price movement

Performance Highlights for the FY23

  • In FY23, AGEL reported a revenue of Rs. 753.40 crore, and in FY22, the revenue was Rs. 810.36 crore.

  • In FY23, the total expenses for the company were Rs. 765.19 Crore compared to FY22, where the total expenses were Rs. 864.26 Crore.

  • The company in FY23 earns a Profit Before Tax of Rs. 25.65 Crore, and it's very good performance because in FY22, the company incurred a loss of Rs. (11.84 Crore).

  • After all tax expenses, the company earns the Net profit of Rs. 18.18 Crore, but in comparison to this, the company in FY22 earns the net profit of Rs. 25.45 Crore; this is because of the effect of deferred tax.

Revenue Guidance

  • For FY 2024-25, the Company expected revenue of INR 780 crore and an expected margin of INR 62 crore.

  • For FY 2025-26, the Company expected revenue of INR 1360 crore and an expected margin of INR 102 crore.

  • For FY 2026-27, the Company expected revenue of INR 2050 crore and an expected margin of INR 162 crore.

Industry Trends

The India Power EPC market is projected to grow at a CAGR of 21.94%, valued at USD 13.8 billion in 2022, reaching USD 45.36 billion by 2029, driven by rising energy demand, government initiatives, and technological advancements. Rapid industrialization, urbanization, and programs like "Power for All" are expanding market opportunities, while innovations in power generation and transmission boost growth.

India’s Government commitment to reach 500 GW non-fossil power capacity by 2030 Supporting regulations in the form of ISTS Waiver, Green Open Access, RPO/RGO, Hydro & storage push MNRE targeting RE bids worth 50 GW/year over the next 5 years.

Currently, India has an installed capacity of around 90 GW and has potential of around 750 GW, which makes so much demand for solar.

Renewables are expected to drive >75% of the new capacity addition.

While solar is likely to grow by 3X, Wind capacity installation is also being pushed by the Government of India.

Latest Insights of AGEL:

  • Apollo Green Energy Limited (AGEL) aims to expand its renewable energy portfolio to ₹10,000 crore by 2025.

  • Around ₹3,500 crore is managed by the company, with ₹2,500 crore invested in solar power projects spread across multiple states.

  • The company’s IPO may be expected in 2025 for further growth, as stated by the company.

  • It operates in eight states and has developed 400 MW of solar power installations, playing a crucial role in India’s renewable energy sector

  • AGEL aims at finalizing a ₹700 crore Flue Gas Desulfurization (FGD) project aimed at reducing emissions in power generation.

AGEL- Ongoing Projects

  • AGEL is executing a 40 MW fixed tilt solar project in Odisha, contributing to renewable energy generation.

  • A 50 MW floating solar project is underway in Kerala, utilizing water bodies to install solar panels.

  • AGEL is working on a 200 MW solar tracker installation in Gujarat, which increases energy efficiency by adjusting panel angles.

The company focuses on energy-efficient lighting with remote monitoring capabilities by setting up 1,50,000 smart solar street lights in Bihar.

Key Highlights

  • The Projects that are under Execution are worth around ₹2527 Cr 

  • The Company has been awarded ₹1024 Cr of the project.

 

Particulars

Apollo Green Energy Ltd

Zodiac Energy Ltd

Ganesh Green Bharat Ltd. 

Bondada Engineering Ltd

Revenue 

790

140

90

371

PAT 

25

3

8

17

Share Price (July 24)

480

729

433

2543

Market Capital

1382

1069

1074

5493

P/E Ratio

55.30

356.33

134.25

323.11

P/S Ratio

1.75

7.69

11.93

14.80

  • The company has a healthy Order Book of ₹3551 Cr

  • The Company aims to maintain a 5000 Cr Order Book by 2027 

  • Solar projects under execution 400 MW in three states.

  • Its Projects are a Mix of energy infrastructure, fume purification 

  • The company has a Geographically Diversified presence in 8 states in India

Peer Comparison

For FY 2023 in Crores

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Fundamentals

Market Cap (in cr.)
₹ 8133417445
P/E Ratio
0.19
P/B Ratio
1.45
Debt to Equity
0.51
ROE (%)
238.35
Book Value
162.09
Face Value
10.00
Total Shares
34610287
Category
Unlisted Shares
Unlisted CMP
₹ 0 / Share
Lot Size
0 Shares
52 Week High
₹525.00
52 Week Low
₹235.00
Depository
NSDL & CDSL
PAN Number
AAACA6447N
ISIN Number
INE838A01015
CIN
U74899DL1994PLC061080
Sector
Industrials Discretionary

Financials

P&L Statement 2021 2022 2023 2024
Revenue - 810.00 753.00 1234.00
Other Income - 42.00 37.00 34.00
COGS - 93.70 95.50 81.70
Gross Profit - 758.70 695.40 1186.70
Total Expense - 656.60 636.50 1080.50
EBIDTA - 102.10 58.80 106.10
D&A - 34.10 6.00 9.00
EBIT - 68.00 52.80 97.10
Interest Expense - 79.90 27.20 57.20
PBT - -11.80 25.60 41.20
TAX - -37.30 7.50 2.60
PAT - 25.50 18.20 38.60
Diluted EPS - 22.00 13.00 20.00
Basic EPS - 22.00 13.00 20.00
Total income 0.00 852.00 790.00 1,268.00
ASSETS
CURRENT ASSETS 2021 2022 2023 2024
Cash and Cash Equivalents - 72.38 69.20 2.38
Trade Payables - 209.74 208.72 396.15
Inventory - 36.91 42.91 53.80
Other Current Assets - 279.82 311.57 379.90
Total Current Assets 0.00 598.85 632.40 832.23

NON CURRENT ASSETS 2021 2022 2023 2024
Plant Property and Equipment - 445.42 43.06 45.47
Long Term Investment - 268.12 480.38 67.10
Other Non Current Assets - 158.02 47.18 538.48
TOTOAL NON CURRENT ASSSETS 0.00 871.56 570.62 651.05

Total Assets 0.00 1,470.41 1,203.02 1,483.28

CURRENT LIABILITES 2021 2022 2023 2024
TRADW Payable - 138.75 139.34 218.72
Other Current Liab - 405.47 349.61 440.51
Total Current Liab 0.00 544.22 488.95 659.23

NON CURRENTLIABILITIES 2021 2022 2023 2024
Long Term Debt - 355.23 198.65 273.25
Deffered Tax Liab - 9.27 9.27 -
Other Non Current Liab - 129.78 36.41 18.37

LIABILITIES
EQUITY 2021 2022 2023 2024
Share Capital - 19.00 19.00 19.00
Reserves And Surplus - - - -
Other Equity - 412.64 450.54 513.26
Retained Earnings - - - -
share Equity 0.00 431.64 469.54 532.26

Total Liabilities 0.00 925.92 713.87 823.88

CASH FLOW STAT 2021 2022 2023 2024
Cash Flow from operating - 33.00 -80.00 14.00
Cash Flow from financing - -70.00 -305.00 6.00
Cash Flow from investing - 50.51 381.03 -35.08
Net cash flow 0.00 13.51 -3.97 -15.08

Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
Name Designation Share %
OSK Holdings (AIL) Private Limited NA 32.00%
AIL Consultant Private Limited NA 21.00%
Raaja kanwar NA 18.00%
Amit Dyechem Private Limited NA 15.00%
Global propmart Private Limited NA 13.00%
Others NA 1.00%
Events
Name Date Details
No events available.
Promoters or Management
Name Designation Linkedin Profile
Sanjay Gupta CEO
Sanjay Gupta NA

Frequently Asked Questions

3. What is the lock-in period of Apollo Green Energy Limited /Pre-IPO shares after the shares gets listed?

The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.

4. What is the average ticket size for investing in unlisted shares?
5. How to check credit of Apollo Green Energy Limited/Pre-IPO shares?
6. How is valuation of Apollo Green Energy Limited /Pre-IPO shares is decided?
9. Difference Between Unlisted Company & Listed Company?
10. Short-term Capital Gain taxes to be paid on Unlisted Shares/Pre-IPO shares?
11. Long-term Capital Gain taxes to be paid on Unlisted Shares/Pre-IPO shares?
12. Applicability of Taxes on Unlisted Shares/Pre-IPO shares once it is listed?
13. IS PRE IPO market same as grey market?
14. Who sells private shares?
15. Investing in Apollo Green Energy Limited Limited legal in India?

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