Research Reports
Apollo Green Energy Limited Unlisted Shares

DMAT
PUBLIC LIMITED
Equity
Price Chart
High
₹510
Low
₹55.13
Return
-86.22%
ISIN
INE838A01015
Face Value
10
Total Shares
5,28,09,287
Market Cap
288.34 Cr
Profit After Tax
33.66 Cr
Total Revenue
838.65 Cr
P/E
8.57
P/B
0.37
Sector
Utilities
Sub-sector
Renewable Energy Equipment & Services
Category
Upcoming IPO
Cashflow - Operations
2 Cr
• Incorporation and Industry Leadership: AGEL, incorporated in 1994, is a key player in India’s renewable energy sector and part of the diversified Apollo Group, which has a global presence.
• Specialisation in Renewable Energy Solutions: AGEL specialises in solar power, wind energy, and energy storage solutions, offering comprehensive services for renewable energy projects.
• Diverse Business Operations: While the majority of its revenue comes from its EPC segment, AGEL also operates in trading segments such as tyres and tubes, reflecting its diversified portfolio.
• Headquarters and Group Support: Headquartered in Gurgaon, with its registered office in New Delhi, AGEL benefits from the Apollo Group’s extensive experience across multiple sectors, including healthcare, logistics, and green energy.
• Strong Leadership Team: Led by experienced professionals, AGEL’s leadership includes Raaja Kanwar, the founder and Managing Director, and Sanjay Gupta, CEO, both of whom bring decades of expertise in renewable energy and infrastructure.
• Marquee Clientele and Strong Order Book: AGEL's clientele includes prestigious names like NHPC, Adani Green, and IOCL, showcasing its credibility and project execution capabilities. The company holds an order book of ₹1,800 crore as of March 2024, ensuring revenue visibility for 2.5 to 3 years.
• Commitment to Future Growth: AGEL is expanding into wind energy, energy storage, and EV charging stations, aligning with India's 2030 renewable energy goals.
• Financial Strength: With a projected revenue of ₹2,050 crore by FY27 and an anticipated bottom line of ₹162 crore, AGEL maintains a healthy financial profile, supported by a gearing ratio projected below 0.76x by March 2025.
• IPO Plans: The company is preparing for a main board IPO by FY26, offering significant growth potential for investors.
Explore in-depth financial analysis, performance metrics, and key disclosures.
News
Articles
Videos
ED Raids Apollo Green Energy: Money Laundering Probe Against Inderjit Singh Yadav Intensifies
01 Mar 2026
• India Today
Apollo Green Energy proposes ₹4,500 Crore investment in Odisha to develop green energy infrastructure
16 Apr 2025
• https://sambadenglish.com/
Apollo Green in talks with foreign players for clean hydrogen tech
05 Jan 2025
• https://www.moneycontrol.com/