Gujarat Apollo Industries Limited reported a net profit of ₹214.16 lakh for the financial year ended March 31, 2026, an increase from ₹162.41 lakh in the previous year. The board recommended a dividend of ₹2 per equity share, or 20% on the face value of ₹10 each, for FY26, subject to shareholder approval at the upcoming Annual General Meeting. The company operates in a single segment, manufacturing and selling construction and mining machinery and spare parts.

Revenue from operations for the year stood at ₹3,167.03 lakh, compared to ₹2,006.72 lakh in FY25. Total income rose to ₹4,515.28 lakh from ₹3,426.53 lakh in the corresponding period. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026.

Financial Performance

The company’s total expenses for FY26 were ₹4,428.70 lakh, up from ₹3,081.09 lakh in the previous year. Profit before tax for the year was ₹86.57 lakh, a decrease from ₹345.44 lakh in FY25. Basic earnings per share (EPS) for the year improved to ₹1.73 from ₹1.38 in the prior year.

For the quarter ended March 31, 2026, the company reported a net profit of ₹0.74 lakh, compared to a loss of ₹206.71 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹775.81 lakh.

Audit and Compliance

M/s. MAAK & Associates, Chartered Accountants, audited the standalone and consolidated financial results and issued an unmodified opinion. The board took note of the declaration regarding the unmodified opinion of the auditors pursuant to Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015.

M/s. S.K Moondra & Co., Chartered Accountants, was appointed as the internal auditor for the financial year 2026-27. The company confirmed there were no outstanding defaults on loans or debt securities as of the reporting date. The related party transactions statement for the half-year ended March 31, 2026, was also disclosed.

Gujarat Apollo Industries Limited has announced that its board of directors will meet on Saturday, May 30, 2026, at 4.00 P.M. at the Ahmedabad Corporate Office. The meeting is being convened pursuant to Regulation 29 read with Regulation 33 of the SEBI (LODR) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the board meeting includes considering and taking on record the Audited Financial Results for the quarter and year ended March 31, 2026. These results will cover both standalone and consolidated financial statements. Furthermore, the board will deliberate on and recommend a dividend for the financial year 2025-2026, if any. The meeting will also discuss any other business that may come before the board.

Trading Window Closure

In accordance with the Code of Conduct for Prevention of Insider Trading framed under Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed its trading window. The window, which was closed from April 01, 2026, will remain shut for all directors, officers, and designated employees until June 01, 2026. The trading window is scheduled to reopen on June 02, 2026.

Key Meeting Details