| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 19785 | 20843 | 8998 | 18244 |
| Cost of Material Consumed | 14753 | 15373 | 6076 | 13666 |
| Change in Inventory | -134 | -178 | -138 | -29 |
| Gross Margins | 25.43 | 26.24 | 34.01 | 25.25 |
| Employee Benefit Expenses | 1421 | 2058 | 585 | 1483 |
| Other Expenses | 865 | 1360 | 689 | 929 |
| EBITDA | 2880 | 2230 | 1786 | 2195 |
| OPM | 14.56 | 10.7 | 19.85 | 12.03 |
| Other Income | 432 | 39 | 312 | 351 |
| Finance Cost | 266 | 370 | 190 | 508 |
| D&A | 176 | 209 | 281 | 290 |
| EBIT | 2704 | 2021 | 1505 | 1905 |
| EBIT Margins | 13.67 | 9.7 | 16.73 | 10.44 |
| PBT | 2870 | 1688 | 1625 | 1747 |
| PBT Margins | 14.51 | 8.1 | 18.06 | 1747 |
| Tax | 0 | 0 | 410 | 440 |
| PAT | 2870 | 1688 | 1215 | 1307 |
| NPM | 14.51 | 8.1 | 13.5 | 7.16 |
| EPS | - | 9.38 | 8.39 | 4.39 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 14.56 | 10.7 | 19.85 | 12.03 |
| Net Profit Margin | 14.51 | 8.1 | 13.5 | 7.16 |
| Earning Per Share (Diluted) | - | 9.38 | 8.39 | 4.39 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 2157 | 2506 | 2171 | 2356.07 |
| CWIP | 0 | 0 | 21 | 36 |
| Investments | 442 | 442 | 0 | 0 |
| Trade Receivables | 4078 | 4668 | 2171 | 4675 |
| Inventory | 3663 | 4243 | 5255 | 4858 |
| Other Assets | 5005 | 8814 | 1676 | 2994.93 |
| Total Assets | 15345 | 20673 | 11294 | 14920 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 0 | 1800 | 1447.3 | 2976.5 |
| FV | 0 | 10 | 10 | 10 |
| Reserves | 11255 | 12944 | 1338 | 1981 |
| Borrowings | 1803 | 3520 | 1495 | 6581 |
| Trade Payables | 2092 | 1928 | 819 | 2391 |
| Other Liabilities | 195 | 481 | 6194.7 | 990.5 |
| Total Liabilities | 15345 | 20673 | 11294 | 14920 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 0 | 0 | 1625 | 1747 |
| OPBWC | 0 | 0 | 2184 | 2475 |
| Change in Receivables | 0 | 0 | 2655 | -2504 |
| Change in Inventories | 0 | 0 | -21 | 397 |
| Change in Payables | 0 | 0 | -2213 | 1572 |
| Other Changes | 0 | 0 | -993 | -420 |
| Working Capital Change | 0 | 0 | -572 | -955 |
| Cash Generated From Operations | 0 | 0 | 1612 | 1520 |
| Tax | 0 | 0 | 0 | -193 |
| Cash Flow From Operations | 0 | 0 | 1612 | 1327 |
| Purchase of PPE | 0 | 0 | -93 | -508 |
| Sale of PPE | 0 | 0 | 9 | 94 |
| Cash Flow From Investment | 0 | 0 | -1085 | -6780 |
| Borrowing | 0 | 0 | -1378 | 5086 |
| Dividend | 0 | 0 | 0 | 0 |
| Equity | 0 | 0 | 1447 | 412.5 |
| Others From Financing | 0 | 0 | -218 | -549.5 |
| Cash Flow from Financing | 0 | 0 | -149 | 4949 |
| Net Cash Generated | 0 | 0 | 378 | -504 |
| Cash at the Start | 0 | 0 | 131 | 508 |
| Cash at the End | 0 | 0 | 509 | 4 |
Apollo Fashion International Limited is a relatively new entrant in India’s unlisted equity market, having been incorporated on 6 September 2023 with CIN U46411DL2023PLC419636. (InstaFinancials) The company was formed as a carve-out of the fashion division from Apollo Green Energy Limited through a business transfer agreement (BTA) worth ?95 crore, wherein Apollo Fashion acquired net assets of approximately ?62.66 crore (comprised of plant & equipment, inventories, receivables, etc.) and paid the difference by a mix of cash (~?61.5 crore) and equity (~?33.5 crore) issued to the promoter entity. (Unlisted Zone) As of 31 March 2025 the company had a paid-up capital of around ?29.77 crore, authorised capital of ?53 crore, and holds significant manufacturing capabilities in leather garments, bags, belts and footwear for export and domestic markets. (Unlisted Zone)
From an investment viewpoint, Apollo Fashion’s unlisted shares are trading on OTC/unlisted platforms, with recent price indications around ?66 per share (face value ?10) and lot size of about 1,000 shares. (Unlisted Zone) Other sources list the 52-week price range between ~?48 and ~?115. (Planify) The promoter group holds approximately 77% of the equity (including ~37.5% by Apollo Green Energy) leaving only ~23% with public/un-promoter investors. (Unlisted Zone) For a potential investor, key considerations include the fact that while the business has turned profitable (net profit ~?13 crore for FY 24-25) and operates in a growing export-oriented fashion manufacturing niche, liquidity is very limited (as is common with unlisted stocks), exit timing uncertain, and valuations may be driven more by sentiment than traditional metrics. (Unlisted Zone)
If you like, I can check recent transaction volumes, bid-ask spreads, and whether there is any planned listing/IPO timeline for Apollo Fashion.
Q 1 How do I initiate the purchase of Apollo Fashion International Unlisted Shares?
A: You begin by confirming the booking of Apollo Fashion International Unlisted Shares with us at an agreed-upon trading price.
Q 2 What documents are required to buy Apollo Fashion International Unlisted Shares?
A: You need to provide your Client Master Report (CMR), PAN Card, and a Cancelled Cheque.
Q 3 Why do I need to provide a Cancelled Cheque?
A: A Cancelled Cheque is required if you are not transferring funds from the bank account already mentioned in your Client Master Report (CMR) copy.
Q 4 Are these document requirements mandatory?
A: Yes, these documents (CMR, PAN Card, Cancelled Cheque where applicable) are KYC (Know Your Customer) documents required as per SEBI regulations.
Q 5 What if I don't have a Client Master Report (CMR)?
A: If you do not have your Client Master Report (CMR), you should ask your broker for it.
Q 6 How will I know where to transfer the funds for the share purchase?
A: We will provide you with the necessary bank details for the fund transfer.
Q 7 What payment methods are accepted for buying the shares?
A: Payment must be made via RTGS, NEFT, IMPS, or Cheque Transfer.
Q 8 Can I pay for the shares using cash?
A: No, cash deposits are not accepted. Payment must be made through RTGS, NEFT, IMPS, or Cheque Transfer.
Q 9 From which bank account should the payment be made?
A: The payment must be made from the same bank account in which the shares are intended to be credited.
Q 10 What is the purpose of requiring payment from the same account where shares are credited?
A: This is a regulatory requirement to ensure proper tracking and reconciliation of funds with the beneficiary account for the share transfer.
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