| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 810 | 753 | 1234 |
| Cost of Material Consumed | 262 | 321 | 465 |
| Change in Inventory | -1 | -3 | -1.45 |
| Gross Margins | 67.65 | 57.37 | 62.32 |
| Employee Benefit Expenses | 94 | 56 | 50 |
| Other Expenses | 396 | 357 | 647 |
| EBITDA | 59 | 22 | 73.45 |
| OPM | 7.28 | 2.92 | 5.95 |
| Other Income | 58 | 44 | 34 |
| Finance Cost | 80 | 27 | 57 |
| D&A | 34 | 6 | 8.97 |
| EBIT | 25 | 16 | 64.48 |
| EBIT Margins | 3.09 | 2.12 | 5.23 |
| PBT | 78 | 32 | 41 |
| PBT Margins | 9.63 | 4.25 | 3.32 |
| Tax | 37 | 7 | 2.58 |
| PAT | 41 | 25 | 38.42 |
| NPM | 5.06 | 3.32 | 3.11 |
| EPS | 21.58 | 13.16 | 20.22 |
| Financial Ratios | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating Profit Margin | 7.28 | 2.92 | 5.95 |
| Net Profit Margin | 5.06 | 3.32 | 3.11 |
| Earning Per Share (Diluted) | 21.58 | 13.16 | 20.22 |
| Assets | 2022 | 2023 | 2024 |
|---|---|---|---|
| Fixed Assets | 444 | 43 | 45 |
| CWIP | 0.8 | 0 | 0 |
| Investments | 268 | 480 | 331 |
| Trade Receivables | 210 | 209 | 396 |
| Inventory | 37 | 43 | 53 |
| Other Assets | 510.2 | 428 | 658 |
| Total Assets | 1470 | 1203 | 1483 |
| Liabilities | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 19 | 19 | 19 |
| FV | 10 | 10 | 10 |
| Reserves | 412 | 450 | 532 |
| Borrowings | 609 | 340 | 401 |
| Trade Payables | 139 | 139 | 0 |
| Other Liabilities | 291 | 255 | 531 |
| Total Liabilities | 1470 | 1203 | 1483 |
| Cash-Flow Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| PBT | -12 | 26 | 41 |
| OPBWC | 85 | -53 | 79 |
| Change in Receivables | -46 | 1 | -187 |
| Change in Inventories | -10 | -6 | -11 |
| Change in Payables | 27 | 18 | 97 |
| Other Changes | -17 | -76 | 28.45 |
| Working Capital Change | -46 | -63 | -72.55 |
| Cash Generated From Operations | 39 | -116 | 6.45 |
| Tax | -6 | 36 | 7.75 |
| Cash Flow From Operations | 33 | -80 | 14.2 |
| Purchase of PPE | 0 | 483 | -6.1 |
| Sale of PPE | 82 | 0 | 15.93 |
| Cash Flow From Investment | 50 | 381 | -35.17 |
| Borrowing | -48 | -277 | 61.45 |
| Dividend | 0 | 0 | 0 |
| Equity | 44.48 | 16.2 | 0 |
| Others From Financing | -65.48 | -43.2 | -56 |
| Cash Flow from Financing | -69 | -304 | 5.45 |
| Net Cash Generated | 14 | -3 | -15.52 |
| Cash at the Start | 58 | 72 | 69 |
| Cash at the End | 72 | 69 | 53.48 |
Apollo Green Energy Limited, incorporated on 25 August 1994 with CIN U74899DL1994PLC061080, is an unlisted public company primarily operating in India’s renewable energy sector. The company operates across several key verticals including turnkey Engineering-Procurement-Construction (EPC) of solar and wind projects, energy storage and ancillary goods supply. As of the latest data, AGEL had an order book in the thousands of crores range and was aiming to build a sizable project pipeline in the green-energy space. This positions the company as a potential beneficiary of India’s clean energy transition and policy tailwinds for solar and associated infrastructure.
Unlisted Shares & Investment Considerations
The unlisted equity of AGEL trades in OTC/unlisted markets, with recent reports citing per-share prices varying widely—some platforms show levels around Rs 80–90 per share (face value Rs 10), while some earlier, higher references exist. The company’s ISIN is listed as INE838A01015 in some registries. For potential investors, key considerations include: liquidity risk (being unlisted, shares may be difficult to sell), valuation ambiguity (price discovery in unlisted markets is opaque), and execution & project risk (as large EPC/renewable projects involve capital intensity, regulatory and timeline risks). On the positive side, the company operates in a high-growth segment and has a visible order book, which may provide upside if AGEL can deliver on its projects and potentially move toward listing or further corporate milestones.
Q1. What is Apollo Green Energy?
Apollo Green Energy is an Indian renewable energy company focused on solar power projects, EPC services, and sustainable infrastructure solutions. It operates in the clean energy sector and is part of India’s growing green energy ecosystem.
Q2. What are Apollo Green Energy unlisted shares?
Apollo Green Energy unlisted shares are company equity shares that are not yet listed on stock exchanges like NSE or BSE. These shares are traded privately in the pre-IPO market through brokers and platforms dealing in unlisted securities.
Q3. What is the current price of Apollo Green Energy unlisted shares?
The price of Apollo Green Energy unlisted shares varies based on market demand, company performance, and liquidity in the unlisted market. Investors should check real-time quotes from authorized unlisted share dealers or platforms before buying or selling.
Q4. How can I buy Apollo Green Energy unlisted shares in India?
You can buy Apollo Green Energy unlisted shares by:
The transfer typically takes a few working days.
Q5. Can I sell Apollo Green Energy unlisted shares before IPO?
Yes, Apollo Green Energy unlisted shares can be sold in the secondary unlisted market before the company’s IPO. Liquidity depends on buyer demand, pricing, and market conditions.
Q6. Is investing in Apollo Green Energy unlisted shares risky?
Yes. Unlisted shares carry risks such as:
Investors should assess financials and risk tolerance before investing.
Q7. Is Apollo Green Energy planning an IPO?
As of now, there is no officially announced IPO date. Many companies in the renewable energy sector consider public listing for expansion, but investors should rely only on official company announcements.
Q8. Why are investors interested in Apollo Green Energy pre-IPO shares?
Investors are attracted due to:
Q9. Are Apollo Green Energy unlisted shares SEBI regulated?
The unlisted share market operates legally but outside stock exchanges. While brokers must follow compliance norms, prices are market-driven and not regulated like listed stocks.