Company Overview : Apollo Green Energy Limited is a company focused on advancing sustainable energy solutions, primarily specializing in renewable energy technologies and services. With a commitment to reducing environmental impact, Apollo Green Energy aims to provide clean and efficient energy sources, likely including solar, wind, and biomass energy solutions. The company’s mission revolves around supporting the global shift toward renewable resources, helping industries and communities minimize their carbon footprint. Apollo Green Energy may be involved in developing, installing, and maintaining energy systems tailored to both large-scale industrial applications and smaller, community-based projects. By integrating modern technology and sustainable practices, the company strives to support energy resilience and independence. Apollo Green Energy’s operations likely contribute to a greener economy, aligning with global environmental goals and catering to the increasing demand for renewable energy solutions. This commitment helps its clients achieve energy efficiency while promoting eco-friendly growth.
Announcement and News
Apollo Green Energy Eyes ₹10,000 Crore Pipeline Ahead of 2025 IPO Feb 04, 2025
By Diwali 2025, Apollo Green Energy (AGE) plans to go public, with a Rs.10,000 crore renewable energy pipeline as a major focus. As it expands into solar, wind, hybrid, and battery storage projects, the company is aggressively working with international partners to promote green hydrogen technology.
By collaborating with foreign companies on green hydrogen EPC (Engineering, Procurement, and Construction) projects, AGE is taking calculated risks. It has already obtained NHPC solar projects totaling Rs.3,500 crore, which include solar systems that are tracker-based and floating. Approximately 90% of the pipeline is used for renewable energy, and 400 MW of solar projects are planned in 8 states.
In keeping with its objective to offer the IPO by late 2025, AGE targets a topline of Rs.1,100 crore for FY25. AGE is establishing itself as a major participant in Indias clean energy transformation through its rapid growth in renewables and strategic alliances.
Financial Data (IN CR.)
| YEAR | 2024 | 2023 | 2022 |
|---|---|---|---|
| NET SALES | 1234.3 | 753.4 | 810.4 |
| TOTAL INCOME | 1268.4 | 790.8 | 852.4 |
| NET PROFIT | 38.6 | 24.7 | 41.4 |
| SHAREHOLDERS FUND | 532.3 | 469.5 | 431.6 |
| TOTAL ASSETS | 1483.3 | 1202.8 | 1470.1 |
| EPS | 2.25 | 1.44 | 19.09 |
Financial Docs
| Type | Period/Date | Document |
|---|---|---|
| Annual Report | 2023-24 | Download |
Profit and Loss (IN CR.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Revenue | 810 | 753 | 1234 |
| Cost Of Material Consumed | 262 | 321 | 465 |
| Gross Margin | 67.65 | 57.37 | 62.32 |
| OPM | 7.28 | 2.92 | 5.95 |
| Other Income | 58 | 44 | 34 |
| Other Expenses | 396 | 357 | 647 |
| Depreciation & Amortization | 34 | 6 | 64.48 |
| Profit before tax | 78 | 32 | 41 |
| Net Profit Margin | 5.06 | 3.32 | 3.11 |
| EPS in Rs | 21.58 | 13.16 | 20.22 |
| Finance Cost | 80 | 27 | 57 |
Balance Sheet (IN Cr.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Share Capital | 19 | 19 | 19 |
| Reserves | 412 | 450 | 532 |
| Borrowings | 609 | 340 | 401 |
| Other Liabilities | 291 | 255 | 531 |
| Total Liabilities | 1470 | 1203 | 1483 |
| Fixed Assets | 444 | 43 | 45 |
| CWIP | 0.8 | 0 | 0 |
| Investments | 268 | 480 | 331 |
| Other Assets | 510.2 | 428 | 658 |
| Total Assets | 1470 | 1203 | 1483 |
Shareholding Pattern
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| OSK Holding (AIL) Private Limited | – | – | 32% |
| All Consultants Private Limited | – | – | 21% |
| Raaja Kanwar | – | – | 18% |
| Amit Dyechem Private Limited | – | – | 15% |
| Global Propmart Private LImited | – | – | 13% |
| Others | – | – | 1% |
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