About Apollo Ingredients Limited
Data last updated:
Apollo Ingredients Limited is a public limited company based in Vasai, Maharashtra, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 24 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67120MH1980PLC023332. The company has 2 GST registrations on record, none of which is active. It is a listed company as per MCA records. Its shares are listed on BSE: 503639.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.2 Cr. It is led by directors including Lovely Ghanshyam Mutreja (Managing Director) and Suvarna Ramchandra Shinde.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vasai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹4.9 Cr, a growth of 59.6% compared to the previous year. For the same year it recorded a net profit of ₹71 Lakh (net margin 14.5%) and EBITDA of ₹93 Lakh (EBITDA margin 19%). The net worth stands at ₹6.99 Cr (up 446.1% YoY). Total assets are valued at ₹7.02 Cr (up 448.4% YoY).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indsoya.com.
Company details
CIN history
Apollo Ingredients has one previous CIN (Corporate Identification Number): U67120MH1980PLC023332. The current CIN is L67120MH1980PLC023332, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120MH1980PLC023332 | Current |
| U67120MH1980PLC023332 | Previous |
Contact details
Apollo Ingredients Limited's registered office is in Vasai, Maharashtra. Its website is indsoya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMittal Enclave Bldg – 6 A, Wing A – 1 Gr. Flr. Juchandra, Vasai, Maharashtra, India – 401208
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Apollo Ingredients Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Apollo Ingredients is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Apollo Ingredients Limited, buy the company report.
Financials of Apollo Ingredients Limited
FY 2025-26 filings availableApollo Ingredients Limited reported revenue of ₹4.9 Cr (up 59.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4.90 | 3.07 | 1.00 | 0.00 | 2.37 | 4.58 | 4.34 |
| Revenue growth | +59.6% | +207.0% | - | -100.0% | -48.3% | +5.5% | - |
| EBITDA | 0.93 | 0.12 | 0.08 | (0.11) | (0.04) | 0.14 | 0.09 |
| EBITDA margin | +19.0% | +3.9% | +8.0% | - | -1.7% | +3.1% | +2.1% |
| Profit before tax | 0.96 | 0.13 | 0.08 | (0.08) | 0.08 | 0.28 | 0.20 |
| Net profit | 0.71 | 0.10 | 0.06 | (0.08) | 0.06 | 0.22 | 0.17 |
| Net profit margin | +14.5% | +3.3% | +6.0% | - | +2.5% | +4.8% | +3.9% |
| EPS (₹) | 0.68 | 2.44 | 1.52 | (1.83) | 1.59 | 10.53 | 8.10 |
| Balance sheet | |||||||
| Total assets | 7.02 | 1.28 | 1.23 | 1.13 | 1.20 | 1.13 | 0.92 |
| Net worth | 6.99 | 1.28 | 1.18 | 1.12 | 1.19 | 1.13 | 0.92 |
| Total debt | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 3.65 | 1.56 | 1.68 | 0.21 | 0.08 | 0.08 | 0.12 |
| Net working capital | 4.12 | 1.27 | 1.23 | 1.13 | 1.16 | 1.13 | 0.91 |
| Cash flow | |||||||
| Cash from operations | 0.09 | (0.12) | 1.47 | 0.10 | 0.01 | (0.04) | 0.11 |
| Cash from investing | (3.00) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing | 5.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.27 | 1.01 | 2.77 | 0.57 | 0.56 | 0.69 | 1.09 | 0.80 |
| Revenue growth (YoY) | +841.1% | +46.4% | +154.1% | -28.8% | +12.0% | - | - | - |
| Other income | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 3.98 | 0.91 | 1.90 | 0.54 | 0.65 | 0.53 | 0.96 | 0.99 |
| EBITDA | 1.29 | 0.10 | 0.87 | 0.03 | (0.09) | 0.16 | 0.13 | (0.19) |
| EBITDA margin | +24.5% | +9.9% | +31.4% | +5.3% | -16.1% | +23.2% | +11.9% | -23.8% |
| Depreciation | 0.08 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.21 | 0.07 | 0.87 | 0.03 | (0.09) | 0.16 | 0.13 | (0.19) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.27 | 1.01 | 2.77 | 0.57 | 0.56 | 0.69 | 1.09 | 0.80 |
| Revenue growth (YoY) | +841.1% | +46.4% | +154.1% | -28.8% | +12.0% | - | - | - |
| Other income | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 3.98 | 0.91 | 1.90 | 0.54 | 0.65 | 0.53 | 0.96 | 0.99 |
| EBITDA | 1.29 | 0.10 | 0.87 | 0.03 | (0.09) | 0.16 | 0.13 | (0.19) |
| EBITDA margin | +24.5% | +9.9% | +31.4% | +5.3% | -16.1% | +23.2% | +11.9% | -23.8% |
| Depreciation | 0.08 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.21 | 0.07 | 0.87 | 0.03 | (0.09) | 0.16 | 0.13 | (0.19) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4.90 | 3.07 | 1.00 | 0.00 | 2.37 | 4.58 | 4.34 |
| Revenue growth | +59.6% | +207.0% | - | -100.0% | -48.3% | +5.5% | - |
| Other income | 0.13 | 0.01 | 0.00 | 0.03 | 0.12 | 0.14 | 0.11 |
| Total expenses | 3.97 | 2.95 | 0.92 | 0.11 | 2.41 | 4.44 | 4.25 |
| Employee cost | 0.04 | 0.17 | 0.00 | 0.02 | 0.04 | 0.03 | 0.04 |
| EBITDA | 0.93 | 0.12 | 0.08 | (0.11) | (0.04) | 0.14 | 0.09 |
| EBITDA margin | +19.0% | +3.9% | +8.0% | - | -1.7% | +3.1% | +2.1% |
| Depreciation | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.96 | 0.13 | 0.08 | (0.08) | 0.08 | 0.28 | 0.20 |
| Tax | 0.25 | 0.03 | 0.02 | 0.00 | 0.02 | 0.06 | 0.03 |
| Net profit | 0.71 | 0.10 | 0.06 | (0.08) | 0.06 | 0.22 | 0.17 |
| Net profit margin | +14.5% | +3.3% | +6.0% | - | +2.5% | +4.8% | +3.9% |
| EPS (₹) | 0.68 | 2.44 | 1.52 | (1.83) | 1.59 | 10.53 | 8.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Reserves & surplus | 1.79 | 1.08 | 0.98 | 0.92 | 0.99 | 0.93 | 0.72 |
| Shareholders' funds (net worth) | 6.99 | 1.28 | 1.18 | 1.12 | 1.19 | 1.13 | 0.92 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 7.02 | 1.28 | 1.23 | 1.13 | 1.20 | 1.13 | 0.92 |
| Assets | |||||||
| Gross block | 3.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net block | 2.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.57 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 3.65 | 1.56 | 1.68 | 0.21 | 0.08 | 0.08 | 0.12 |
| Loans & advances | 0.10 | 0.00 | 0.04 | 0.95 | 1.09 | 1.06 | 0.89 |
| Total current assets | 4.32 | 1.67 | 1.72 | 1.16 | 1.17 | 1.14 | 1.01 |
| Total current liabilities | 0.20 | 0.40 | 0.49 | 0.03 | 0.01 | 0.01 | 0.10 |
| Net working capital | 4.12 | 1.27 | 1.23 | 1.13 | 1.16 | 1.13 | 0.91 |
| Total assets | 7.02 | 1.28 | 1.23 | 1.13 | 1.20 | 1.13 | 0.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.56 | 1.68 | 0.21 | 0.08 | 0.08 | 0.12 | 0.01 |
| Net cash from operating activities | 0.09 | (0.12) | 1.47 | 0.10 | 0.01 | (0.04) | 0.11 |
| Net cash from investing activities | (3.00) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | 5.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 2.09 | (0.12) | 1.47 | 0.11 | 0.01 | (0.04) | 0.11 |
| Closing cash | 3.65 | 1.56 | 1.68 | 0.21 | 0.08 | 0.08 | 0.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +59.6% | +207.0% | - | -100.0% | -48.3% | +5.5% | - |
| EBITDA growth | +675.0% | +50.0% | +172.7% | -175.0% | -128.6% | +55.6% | - |
| PBT growth | +638.5% | +62.5% | +9998.0% | - | -71.4% | +40.0% | +9998.0% |
| Net income growth | +610.0% | +66.7% | +175.0% | -233.3% | -72.7% | +29.4% | - |
| Revenue CAGR (3Y) | - | +9.0% | -39.8% | -100.0% | - | - | - |
| EBITDA CAGR (3Y) | - | - | -17.0% | - | -38.3% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +14.5% | +3.3% | +6.0% | - | +2.5% | +4.8% | +3.9% |
| Return on capital employed | +23.1% | +10.3% | +6.8% | -6.0% | +6.9% | +26.3% | +22.5% |
| Return on net worth | +17.2% | +8.1% | +5.2% | -6.1% | +5.2% | +20.5% | +19.1% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.25 | 307.00 | 100.00 | 0.00 | 237.00 | 458.00 | 434.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 14.41 | 55.82 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.68 | 2.44 | 1.52 | (1.83) | 1.59 | 10.53 | 8.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 6.72 | 31.96 | 29.52 | 28.00 | 29.83 | 56.48 | 45.95 |
To see the full year-wise statements and ratios of Apollo Ingredients Limited, buy the company report.
Board of directors of Apollo Ingredients Limited
Apollo Ingredients has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvarna Ramchandra Shinde | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Lovely Ghanshyam Mutreja | Managing Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Kirit Ghanshyam Mutreja | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Maharshi Anand Tomar | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Amol Dinkar Nigudkar | Additional Director | 15 May 2026 | 0 Years 5 Months | Current |
Auditor
Apollo Ingredients Limited is audited by DMKH & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DMKH & Co | FY 2023 | 116886W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 66.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 33.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 66.60% | 66.60% | 66.60% | 66.60% |
| Public | 33.40% | 33.40% | 33.40% | 33.40% |
Legal cases
Apollo Ingredients Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
To see the full case history of Apollo Ingredients Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apollo Ingredients Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apollo Ingredients has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Apollo Ingredients Limited, buy the company report.
Recent activity
Apollo Ingredients Limited has 24 board changes on record since 1981: 16 appointments and 8 cessations. The latest: Amol Dinkar Nigudkar was appointed as Additional Director on 15 May 2026.
15 earlier events are in the company report.
Frequently asked questions
Apollo Ingredients is an active public limited company based in Vasai, Maharashtra, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 24 October 1980 (46+ years old) and is registered under CIN L67120MH1980PLC023332. Listed on BSE: 503639.
Apollo Ingredients reported revenue of ₹4.9 Cr for FY 2025-26 (up 59.6% YoY) based on standalone financials.
Apollo Ingredients has 5 current directors:
- Lovely Ghanshyam Mutreja - Managing Director
- Suvarna Ramchandra Shinde - Director
- Kirit Ghanshyam Mutreja - Director
- Maharshi Anand Tomar - Director
- Amol Dinkar Nigudkar - Additional Director
The latest financial statements of Apollo Ingredients on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
No. Apollo Ingredients has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Apollo Ingredients is L67120MH1980PLC023332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Apollo Ingredients is a listed company as per MCA records. Its shares are listed on BSE (code: 503639).
Apollo Ingredients has 1 court case on record: 1 filed against it. 1 is pending.
Apollo Ingredients was incorporated on 24 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Amol Dinkar Nigudkar was appointed as Additional Director on 15 May 2026. Lalita Ghanshyam Mutreja was appointed as CFO on 05 Sep 2024. James Mody was appointed as Director on 09 Aug 2024. Apollo Ingredients has 24 board changes on record in total.