About Apollo Finvest
Apollo Finvest is a publicly listed company based in Mumbai (India) founded in 1985 by Diksha Nangia and Mikhil Innani. Digital loans are enabled for companies to offer. The company has 26 employees. Its chief executive, as recorded, is Mikhil Innani. Its Indian entity Apollo Finvest (India) Limited reported revenue of ₹23.20 Cr. Its focus areas include Consumer and SME Loans, SME Loans, Diversified and Internet-First. Its competitors include Perfios, Veefin and FinBox; 3 of its 3 listed competitors have raised funding.
Company details
Apollo Finvest was founded in 1985 and is headquartered in Mumbai, India. Operations focus on the fintech sector, where digital lending solutions are provided to enable companies in extending loans. Services include platforms for loan origination and management. Leadership is provided by co-founders Diksha Nangia as COO and Mikhil Innani as CEO, with regulatory details such as DIN and PAN numbers associated.
- Headquarters Mumbai, India
- Employees 26
- Founders Diksha Nangia, Mikhil Innani
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website apollofinvest.com
- Social LinkedIn
- Legal Name Apollo Finvest (India) Limited
- Market Cap₹197 Cr
APOLLOFI · BSE
- Share Price₹554.45
+5.00% today
- Revenue₹20.70 Cr
FY 2025-26 · -31.6% YoY
- EBITDA₹11.29 Cr
Margin 54.5%
- Net Profit₹4.35 Cr
FY 2025-26 · -40.3% YoY
- P/E (TTM)22.4x
P/B 2.4x
- ROE6.2%
ROCE 11.6%
- Debt / Equity0.34
Interest cover 24.0x
- Employee Count26
Associated legal entities of Apollo Finvest
Apollo Finvest operates through Apollo Finvest (India) Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Apollo Finvest (India) Limited Listed CIN L51900MH1985PLC036991 | Active | 29 Jul 1985 | Mumbai, Maharashtra | ₹23.2 Cr | 30 | 8 | View details |
Board of directors of Apollo Finvest (India) Limited (Apollo Finvest)
Apollo Finvest (India) Limited is the primary company behind Apollo Finvest. The board of Apollo Finvest (India) Limited currently have 6 directors; the longest-serving is Paritosh Ram Khatry, appointed in 2017. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paritosh Ram Khatry DIN 07998062 | Director | 22 Dec 2017 | 8 yrs 10 mo | Apollo Finvest (India) Limited |
| Mikhil Ramesh Innani DIN 02710749 | Managing Director | 24 Jul 2018 | 8 yrs 3 mo | Apollo Finvest (India) Limited |
| Kruti Khemani DIN 07977942 | Director | 24 Jul 2018 | 8 yrs 3 mo | Apollo Finvest (India) Limited |
| Diksha Dinesh Nangia DIN 07380935 | Whole-time director | 09 Aug 2019 | 7 yrs 2 mo | Apollo Finvest (India) Limited |
| Akash Adarsh Saxena DIN 09217893 | Director | 30 Jun 2021 | 5 yrs 4 mo | Apollo Finvest (India) Limited |
| Priyanka Roy DIN 08543919 | Director | 18 Sep 2024 | 2 yrs 1 mo | Apollo Finvest (India) Limited |
People of Apollo Finvest
2 people are tracked at Apollo Finvest (2 in leadership); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Apollo Finvest
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Apollo Finvest
Apollo Finvest is a publicly listed company on the BSE with ticker symbol APOLLOFI in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date30 Sep 1986
- Listed onBSE: 512437
- Listed entityApollo Finvest (India) Limited
- Exchange sectorFinance
- ISININE412D01013
- Share price₹500.00 (-0.17% on the day) · 2026-10-14
- Market capitalisation₹187 Cr
- Price to earnings23.3
- EPS (diluted, trailing year)₹21.43
- Volume (last session)44
Financials of Apollo Finvest
Exchange-reported figures of Apollo Finvest (India) Limited, the listed company behind Apollo Finvest (BSE: APOLLOFI).
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 | 20.70 | 30.26 | 19.97 | 44.38 | 70.10 | 15.17 | 28.25 |
| Revenue growth | -31.6% | +51.5% | -55.0% | -36.7% | +362.1% | -46.3% | - |
| EBITDA | 11.29 | 12.72 | 9.46 | 13.55 | 13.52 | 5.15 | 10.03 |
| EBITDA margin | +54.5% | +42.0% | +47.4% | +30.5% | +19.3% | +34.0% | +35.5% |
| Profit before tax | 10.40 | 9.79 | 10.21 | 14.52 | 17.04 | 5.62 | 9.16 |
| Net profit | 4.35 | 7.28 | 8.02 | 10.06 | 12.73 | 4.12 | 6.65 |
| Net profit margin | +21.0% | +24.1% | +40.2% | +22.7% | +18.2% | +27.2% | +23.5% |
| EPS (₹) | 18.63 | 19.34 | 21.47 | 27.01 | 34.10 | 10.99 | 17.81 |
| Balance sheet | |||||||
| Total assets | 91.61 | 97.52 | 66.44 | 63.25 | 88.12 | 53.31 | 60.14 |
| Net worth | 74.29 | 67.33 | 60.11 | 52.00 | 41.89 | 29.13 | 25.04 |
| Total debt | 17.32 | 30.18 | 6.33 | 11.25 | 46.23 | 24.18 | 35.11 |
| Cash & bank | 3.48 | 7.45 | 6.01 | 0.42 | 2.88 | 3.88 | 1.49 |
| Net working capital | (4.87) | 0.55 | 4.19 | (7.18) | (13.28) | (1.30) | (2.57) |
| Cash flow | |||||||
| Cash from operations | 27.58 | (25.41) | (35.87) | 24.18 | (11.53) | 6.25 | 26.12 |
| Cash from investing | (16.55) | 1.91 | 41.65 | (16.20) | 0.59 | 0.22 | (23.47) |
| Cash from financing | (15.00) | 24.94 | (0.20) | (10.43) | 9.94 | (4.09) | (2.08) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.47 | 5.79 | 4.58 | 5.12 | 5.21 | 8.02 | 7.77 | 7.08 |
| Revenue growth (YoY) | +62.6% | -27.8% | -41.1% | -27.7% | -29.6% | - | - | - |
| Other income | 0.22 | 0.35 | 0.11 | 0.04 | 1.99 | 0.11 | 0.02 | 0.03 |
| Total expenses | 3.46 | 3.36 | 1.11 | 1.73 | 3.21 | 5.69 | 4.77 | 3.23 |
| EBITDA | 5.01 | 2.43 | 3.47 | 3.39 | 2.00 | 2.33 | 3.00 | 3.85 |
| EBITDA margin | +59.1% | +42.0% | +75.8% | +66.2% | +38.4% | +29.1% | +38.6% | +54.4% |
| Depreciation | 0.21 | 0.23 | 0.22 | 0.22 | 0.23 | 0.24 | 0.24 | 0.33 |
| Interest | 0.40 | 0.43 | 0.53 | 0.70 | 0.83 | 0.89 | 0.63 | 0.46 |
| Profit before tax | 4.62 | 2.12 | 2.83 | 2.51 | 2.93 | 1.31 | 2.15 | 3.09 |
| Tax | 1.26 | 1.04 | 1.01 | 0.77 | 0.63 | 0.27 | 0.73 | 0.67 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.47 | 5.79 | 4.58 | 5.12 | 5.21 | 8.02 | 7.77 | 7.08 |
| Revenue growth (YoY) | +62.6% | -27.8% | -41.1% | -27.7% | -29.6% | - | - | - |
| Other income | 0.22 | 0.35 | 0.11 | 0.04 | 1.99 | 0.11 | 0.02 | 0.03 |
| Total expenses | 3.46 | 3.36 | 1.11 | 1.73 | 3.21 | 5.69 | 4.77 | 3.23 |
| EBITDA | 5.01 | 2.43 | 3.47 | 3.39 | 2.00 | 2.33 | 3.00 | 3.85 |
| EBITDA margin | +59.1% | +42.0% | +75.8% | +66.2% | +38.4% | +29.1% | +38.6% | +54.4% |
| Depreciation | 0.21 | 0.23 | 0.22 | 0.22 | 0.23 | 0.24 | 0.24 | 0.33 |
| Interest | 0.40 | 0.43 | 0.53 | 0.70 | 0.83 | 0.89 | 0.63 | 0.46 |
| Profit before tax | 4.62 | 2.12 | 2.83 | 2.51 | 2.93 | 1.31 | 2.15 | 3.09 |
| Tax | 1.26 | 1.04 | 1.01 | 0.77 | 0.63 | 0.27 | 0.73 | 0.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 20.70 | 30.26 | 19.97 | 44.38 | 70.10 | 15.17 | 28.25 |
| Revenue growth | -31.6% | +51.5% | -55.0% | -36.7% | +362.1% | -46.3% | - |
| Other income | 2.50 | 0.18 | 1.11 | 1.77 | 3.90 | 0.77 | 0.57 |
| Total expenses | 9.41 | 17.54 | 10.51 | 30.83 | 56.58 | 10.02 | 18.22 |
| Employee cost | 4.34 | 3.43 | 3.27 | 2.60 | 1.80 | 1.09 | 0.87 |
| EBITDA | 11.29 | 12.72 | 9.46 | 13.55 | 13.52 | 5.15 | 10.03 |
| EBITDA margin | +54.5% | +42.0% | +47.4% | +30.5% | +19.3% | +34.0% | +35.5% |
| Depreciation | 0.90 | 0.95 | 0.16 | 0.31 | 0.23 | 0.22 | 0.15 |
| Interest | 2.49 | 2.16 | 0.20 | 0.49 | 0.15 | 0.08 | 1.29 |
| Profit before tax | 10.40 | 9.79 | 10.21 | 14.52 | 17.04 | 5.62 | 9.16 |
| Tax | 3.46 | 2.58 | 2.19 | 4.46 | 4.31 | 1.50 | 2.51 |
| Net profit | 4.35 | 7.28 | 8.02 | 10.06 | 12.73 | 4.12 | 6.65 |
| Net profit margin | +21.0% | +24.1% | +40.2% | +22.7% | +18.2% | +27.2% | +23.5% |
| EPS (₹) | 18.63 | 19.34 | 21.47 | 27.01 | 34.10 | 10.99 | 17.81 |
| 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 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 |
| Reserves & surplus | 70.56 | 63.60 | 56.38 | 48.27 | 38.16 | 25.40 | 21.31 |
| Shareholders' funds (net worth) | 74.29 | 67.33 | 60.11 | 52.00 | 41.89 | 29.13 | 25.04 |
| Secured loans | 17.32 | 30.18 | 6.33 | 11.25 | 40.23 | 24.18 | 31.11 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 6.00 | 0.00 | 4.00 |
| Total debt | 17.32 | 30.18 | 6.33 | 11.25 | 46.23 | 24.18 | 35.11 |
| Total liabilities | 91.61 | 97.52 | 66.44 | 63.25 | 88.12 | 53.31 | 60.14 |
| Assets | |||||||
| Gross block | 6.54 | 7.55 | 4.95 | 5.63 | 5.56 | 5.21 | 7.67 |
| Net block | 3.61 | 5.40 | 3.26 | 4.59 | 4.83 | 4.70 | 7.38 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 29.31 | 8.75 | 11.52 | 48.70 | 30.98 | 27.72 | 25.61 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 3.48 | 7.45 | 6.01 | 0.42 | 2.88 | 3.88 | 1.49 |
| Loans & advances | 4.78 | 2.82 | 4.69 | 2.71 | 3.37 | 1.41 | 1.68 |
| Total current assets | 8.26 | 10.27 | 10.70 | 3.13 | 6.25 | 5.29 | 3.17 |
| Total current liabilities | 13.13 | 9.72 | 6.51 | 10.31 | 19.53 | 6.59 | 5.74 |
| Net working capital | (4.87) | 0.55 | 4.19 | (7.18) | (13.28) | (1.30) | (2.57) |
| Total assets | 91.61 | 97.52 | 66.44 | 63.25 | 88.12 | 53.31 | 60.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.45 | 6.01 | 0.42 | 2.88 | 3.88 | 1.49 | 0.92 |
| Net cash from operating activities | 27.58 | (25.41) | (35.87) | 24.18 | (11.53) | 6.25 | 26.12 |
| Net cash from investing activities | (16.55) | 1.91 | 41.65 | (16.20) | 0.59 | 0.22 | (23.47) |
| Net cash from financing activities | (15.00) | 24.94 | (0.20) | (10.43) | 9.94 | (4.09) | (2.08) |
| Net change in cash | (3.97) | 1.44 | 5.59 | (2.45) | (1.00) | 2.38 | 0.57 |
| Closing cash | 3.48 | 7.45 | 6.01 | 0.42 | 2.88 | 3.88 | 1.49 |
| 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 | -31.6% | +51.5% | -55.0% | -36.7% | +362.1% | -46.3% | - |
| EBITDA growth | -11.2% | +34.5% | -30.2% | +0.2% | +162.5% | -48.7% | - |
| PBT growth | +6.2% | -4.1% | -29.7% | -14.8% | +203.2% | -38.7% | +429.5% |
| Net income growth | -40.3% | -9.2% | -20.3% | -21.0% | +209.0% | -38.1% | - |
| Revenue CAGR (3Y) | -22.5% | -24.4% | +9.6% | +16.3% | +170.0% | +104.3% | +195.0% |
| EBITDA CAGR (3Y) | -5.9% | -2.0% | +22.5% | +10.6% | +90.7% | +68.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +33.5% | +23.8% | +40.2% | +22.7% | +18.2% | +27.2% | +23.5% |
| Return on capital employed | +11.6% | +14.6% | +16.0% | +19.9% | +24.3% | +10.0% | +23.4% |
| Return on net worth | +6.2% | +11.3% | +14.3% | +21.5% | +35.8% | +15.1% | +30.5% |
| Debt / equity | 0.34 | 0.29 | 0.16 | 0.61 | 0.99 | 1.09 | 1.05 |
| Long-term debt / equity | 0.34 | 0.29 | 0.16 | 0.51 | 0.85 | 1.02 | 0.89 |
| Interest cover | 23.97 | 18.35 | 2.15 | 3.70 | 1.13 | 1.62 | 13.06 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.29 | 4.87 | 3.98 | 8.25 | 13.74 | 2.48 | 3.83 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 18.63 | 19.34 | 21.47 | 27.01 | 34.10 | 10.99 | 17.81 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 199.03 | 180.44 | 161.09 | 139.36 | 112.26 | 78.07 | 67.10 |
Competitors of Apollo Finvest
Apollo Finvest has 3 listed competitors in our database, 3 of them funded. They include Perfios, Veefin and FinBox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| veefin.com | 2020 | Mumbai, India | $3M | 25 | SaaS-based supply chain financing solutions are delivered globally. | |
| finbox.in | 2015 | Bengaluru, India | $51.09M | 215 | Developer of digital credit infrastructure and risk intelligence suite |
Detailed competitors of Apollo Finvest
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Web traffic of Apollo Finvest
The website of Apollo Finvest (apollofinvest.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▲ 12.8% vs previous month
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Apollo Finvest (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Frequently Asked Questions about Apollo Finvest
Apollo Finvest was founded in 1985.
Apollo Finvest is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mikhil Innani is the CEO of Apollo Finvest, as recorded in our data. They have also founded this company.
Apollo Finvest has 26 employees.
The primary company behind Apollo Finvest, Apollo Finvest (India) Limited, reported revenue of ₹23.20 Cr for FY 2026, down 32% year on year.
Apollo Finvest was founded in 1985 and is headquartered in Mumbai, India. Operations focus on the fintech sector, where digital lending solutions are provided to enable companies in extending loans. Services include platforms for loan origination and management. Leadership is provided by co-founders Diksha Nangia as COO and Mikhil Innani as CEO, with regulatory details such as DIN and PAN numbers associated.
Yes, Apollo Finvest is publicly traded on BSE under the ticker symbol APOLLOFI.
Apollo Finvest operates through Apollo Finvest (India) Limited.
The legal entities of Apollo Finvest currently have 7 directors, including Mikhil Ramesh Innani, Akash Adarsh Saxena, Paritosh Ram Khatry and others.