Gujarat Apollo Industries is a niche road-construction equipment manufacturer with products including crushing, screening.

Gujarat Apollo Industries is a niche road-construction equipment manufacturer with products including crushing, screening and related infrastructure machinery. FY26 revenue was approximately ₹31.7 crore, while net profit stood at ₹2.14 crore, compared with ₹1.62 crore in FY25. Latest News: The company has announced a strategic expansion into road-construction equipment, specifically asphalt mixing plants and paver finishers, effective August 14, 2026. This could diversify revenue and capitalize on India's infrastructure and road-capex cycle. Corporate Action: The board recommended a ₹2/share dividend for FY26 and approved the audited results. It also re-appointed Asit A. Patel as Chairman & MD for three years from September 1, 2026, and appointed Aryan A. Patel as Manager-Technical from October 1. The new product vertical offers growth potential, but the company's small revenue base, execution risk and intense competition make it a high-risk small-cap opportunity.