About Apple Finance
Apple Finance is a publicly listed company based in Mumbai (India) founded in 1985. Commodity trading services are provided by Apple Finance in India. The company has 4 employees. Its Indian entity Utique Enterprises Limited reported revenue of ₹58.55 Cr. Its focus areas include Financial Exchanges and Commodities Exchanges. Its competitors include Indian Energy Exchange, MCX and AROMA ENTERPRISES; 2 of its 3 listed competitors have raised funding.
Company details
Apple Finance was founded in 1985 and is headquartered in Mumbai, India. Operations are focused on the financial sector, specifically commodity trading services. These services are extended to clients through the domain applefinance.co.in. The company handles trading activities in various commodities, supporting market participants in the Indian economy. Geographic emphasis is placed on domestic operations within India.
- Headquarters Mumbai, India
- Employees 4
- Stage Public
- SectorsFinancial Services
- Website applefinance.co.in
- Legal Name Apple Finance Ltd
- Date of Incorporation 15 Oct, 1985
- Jurisdiction Mumbai, Maharashtra, India
- Market Cap₹20.65 Cr
UTIQUE · BSE
- Share Price₹3.71
0.00% today
- Revenue₹6.14 Cr
FY 2020-21 · -29.4% YoY
- EBITDA₹2.58 Cr
Margin 42.0%
- Net Profit₹2.44 Cr
FY 2020-21 · -17.6% YoY
- P/E (TTM)14.3x
P/B 3.0x
- ROE1.6%
ROCE 1.5%
- Employee Count4
Associated legal entities of Apple Finance
Apple Finance operates through Utique Enterprises 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 |
|---|---|---|---|---|---|---|---|
| Utique Enterprises Limited Listed CIN L52100MH1985PLC037767 | Active | 15 Oct 1985 | Mumbai, Maharashtra | ₹58.5 Cr | 4 | 6 | View details |
Board of directors of Utique Enterprises Limited (Apple Finance)
Utique Enterprises Limited is the primary company behind Apple Finance. The board of Utique Enterprises Limited currently have 4 directors; the longest-serving is Mahesh Raghavan Menon, appointed in 2004. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Raghavan Menon DIN 00164298 | Director | 19 Mar 2004 | 22 yrs 7 mo | Utique Enterprises Limited |
| Jayanty Rama Krishna Sarma DIN 00088327 | Whole-time director | 05 Apr 2018 | 8 yrs 6 mo | Utique Enterprises Limited |
| Vidhi Bipin Mandaliya DIN 08558068 | Director | 25 Sep 2019 | 7 yrs 1 mo | Utique Enterprises Limited |
| Pravin Rohidas Vast DIN 10381459 | Director | 09 Nov 2023 | 2 yrs 11 mo | Utique Enterprises Limited |
IPO & Listings of Apple Finance
Apple Finance is a publicly listed company on the BSE with ticker symbol UTIQUE in India, operating in the Trading 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 date06 Mar 1986
- Listed onBSE: 500014
- Listed entityUtique Enterprises Limited
- Exchange sectorTrading
Financials of Apple Finance
Exchange-reported figures of Utique Enterprises Limited, the listed company behind Apple Finance (BSE: UTIQUE).
Financial Highlights
FY 2020-21 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.14 | 8.70 | 2.03 | 1.79 | 1.56 | 2.25 | 2.04 |
| Revenue growth | -29.4% | +328.6% | +13.4% | +14.7% | -30.7% | +10.3% | - |
| EBITDA | 2.58 | 3.10 | 0.26 | 0.38 | 0.26 | 1.03 | 0.51 |
| EBITDA margin | +42.0% | +35.6% | +12.8% | +21.2% | +16.7% | +45.8% | +25.0% |
| Profit before tax | 2.44 | 2.96 | 0.11 | 0.22 | 0.05 | 0.80 | 0.40 |
| Net profit | 2.44 | 2.96 | 0.11 | 0.22 | 0.05 | 0.79 | 0.40 |
| Net profit margin | +39.7% | +34.0% | +5.4% | +12.3% | +3.2% | +35.1% | +19.6% |
| EPS (₹) | 0.44 | 0.53 | 0.02 | 0.04 | 0.01 | 0.14 | 0.07 |
| Balance sheet | |||||||
| Total assets | 38.04 | 35.60 | 32.64 | 32.53 | 39.21 | 39.16 | 38.36 |
| Net worth | 22.67 | 20.23 | 17.26 | 17.16 | 16.93 | 16.88 | 16.08 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 28.18 | 24.94 | 21.53 | 21.47 | 20.79 | 20.49 | 19.56 |
| Net working capital | 27.45 | 24.77 | 21.44 | 21.19 | 23.27 | 23.02 | 22.05 |
| Cash flow | |||||||
| Cash from operations | (1.04) | (2.21) | (1.95) | (5.48) | (1.25) | (1.24) | (1.35) |
| Cash from investing | 4.28 | 5.63 | 2.00 | 6.16 | 1.55 | 2.17 | 1.92 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.95 | 0.00 | 1.03 | 0.88 | 0.00 | 0.00 | 0.14 |
| Revenue growth (YoY) | -100.0% | - | - | +635.7% | - | - | - | - |
| Other income | 3.15 | 0.53 | 1.06 | 0.49 | 2.94 | 0.40 | 0.43 | 0.42 |
| EBITDA | (0.31) | (0.67) | (0.18) | (0.68) | (0.44) | (0.41) | (0.15) | (0.47) |
| EBITDA margin | - | -70.5% | - | -66.0% | -50.0% | - | - | -335.7% |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.81 | (0.17) | 0.85 | (0.22) | 2.47 | (0.05) | 0.24 | (0.09) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 2.81 | (0.17) | 0.85 | (0.22) | 2.47 | (0.05) | 0.24 | (0.09) |
| EPS (₹) | 0.50 | (0.03) | 0.15 | (0.04) | 0.44 | (0.01) | 0.04 | (0.02) |
| 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 | 58.54 | 104 | 70.22 | 62.09 | 22.59 | 6.14 | 8.70 |
| Revenue growth | -43.5% | +47.6% | +13.1% | +174.9% | +267.9% | -29.4% | - |
| EBITDA | 3.14 | 1.39 | 1.11 | (0.02) | (3.38) | 2.59 | 3.11 |
| EBITDA margin | +5.4% | +1.3% | +1.6% | -0.0% | -15.0% | +42.2% | +35.8% |
| Profit before tax | 2.78 | 3.02 | 1.14 | 0.97 | (0.88) | 2.45 | 2.97 |
| Net profit | 1.87 | (1.66) | 0.21 | 0.26 | (3.40) | 2.45 | 2.97 |
| Net profit margin | +3.2% | -1.6% | +0.3% | +0.4% | -15.1% | +39.9% | +34.1% |
| EPS (₹) | 0.34 | 0.09 | 0.05 | 0.11 | (0.19) | 0.44 | 0.53 |
| Balance sheet | |||||||
| Total assets | 72.95 | 70.92 | 70.93 | 68.93 | 70.28 | 33.30 | 30.85 |
| Net worth | 71.92 | 69.94 | 69.74 | 68.41 | 70.28 | 33.30 | 30.85 |
| Total debt | 1.01 | 0.97 | 1.18 | 0.50 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 7.32 | 12.13 | 17.00 | 12.64 | 3.59 | 28.18 | 24.94 |
| Net working capital | 11.01 | 39.21 | 50.75 | 49.71 | 43.57 | 27.95 | 25.26 |
| Cash flow | |||||||
| Cash from operations | 19.24 | (1.95) | (2.11) | 20.46 | (24.46) | (1.04) | (2.20) |
| Cash from investing | (29.36) | 5.27 | 7.27 | (18.02) | 25.01 | 4.28 | 5.63 |
| Cash from financing | (0.34) | (0.29) | (0.24) | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.31 | 0.00 | 0.00 | 33.78 | 19.21 | 26.63 | 14.85 | 23.32 |
| Revenue growth (YoY) | -72.4% | -100.0% | -100.0% | +44.9% | -48.1% | - | - | - |
| Other income | 3.23 | (2.42) | 5.57 | (0.02) | 2.42 | 0.22 | 0.45 | 2.65 |
| Total expenses | 5.74 | 0.45 | 0.72 | 34.33 | 19.89 | 26.30 | 15.00 | 23.71 |
| EBITDA | (0.43) | (0.45) | (0.72) | (0.55) | (0.68) | 0.33 | (0.15) | (0.39) |
| EBITDA margin | -8.1% | - | - | -1.6% | -3.5% | +1.2% | -1.0% | -1.7% |
| Depreciation | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Interest | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 2.70 | (2.98) | 4.76 | (0.66) | 1.65 | 0.46 | 0.21 | 2.17 |
| Tax | 0.39 | (0.51) | 1.13 | (0.14) | 0.43 | 1.36 | 0.30 | 0.81 |
Financial Statements
| Particulars | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.95 | 0.00 | 1.03 | 0.88 | 0.00 | 0.00 | 0.14 |
| Revenue growth (YoY) | -100.0% | - | - | +635.7% | - | - | - | - |
| Other income | 3.15 | 0.53 | 1.06 | 0.49 | 2.94 | 0.40 | 0.43 | 0.42 |
| EBITDA | (0.31) | (0.67) | (0.18) | (0.68) | (0.44) | (0.41) | (0.15) | (0.47) |
| EBITDA margin | - | -70.5% | - | -66.0% | -50.0% | - | - | -335.7% |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.81 | (0.17) | 0.85 | (0.22) | 2.47 | (0.05) | 0.24 | (0.09) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 2.81 | (0.17) | 0.85 | (0.22) | 2.47 | (0.05) | 0.24 | (0.09) |
| EPS (₹) | 0.50 | (0.03) | 0.15 | (0.04) | 0.44 | (0.01) | 0.04 | (0.02) |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.14 | 8.70 | 2.03 | 1.79 | 1.56 | 2.25 | 2.04 |
| Revenue growth | -29.4% | +328.6% | +13.4% | +14.7% | -30.7% | +10.3% | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.17 |
| Total expenses | 3.56 | 5.60 | 1.77 | 1.41 | 1.30 | 1.22 | 1.53 |
| Employee cost | 0.29 | 0.28 | 0.44 | 0.48 | 0.45 | 0.47 | 0.55 |
| EBITDA | 2.58 | 3.10 | 0.26 | 0.38 | 0.26 | 1.03 | 0.51 |
| EBITDA margin | +42.0% | +35.6% | +12.8% | +21.2% | +16.7% | +45.8% | +25.0% |
| Depreciation | 0.14 | 0.14 | 0.15 | 0.16 | 0.21 | 0.25 | 0.28 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.44 | 2.96 | 0.11 | 0.22 | 0.05 | 0.80 | 0.40 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 2.44 | 2.96 | 0.11 | 0.22 | 0.05 | 0.79 | 0.40 |
| Net profit margin | +39.7% | +34.0% | +5.4% | +12.3% | +3.2% | +35.1% | +19.6% |
| EPS (₹) | 0.44 | 0.53 | 0.02 | 0.04 | 0.01 | 0.14 | 0.07 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.67 | 55.67 | 55.67 | 55.67 | 55.67 | 55.67 | 55.67 |
| Reserves & surplus | (33.00) | (35.44) | (38.41) | (38.51) | (38.74) | (38.79) | (39.59) |
| Shareholders' funds (net worth) | 22.67 | 20.23 | 17.26 | 17.16 | 16.93 | 16.88 | 16.08 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 38.04 | 35.60 | 32.64 | 32.53 | 39.21 | 39.16 | 38.36 |
| Assets | |||||||
| Gross block | 12.25 | 12.46 | 12.68 | 12.68 | 12.68 | 12.68 | 12.70 |
| Net block | 4.43 | 4.67 | 4.94 | 5.09 | 5.25 | 5.46 | 5.63 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6.16 | 6.16 | 6.25 | 6.25 | 10.68 | 10.68 | 10.68 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 2.47 | 2.47 | 2.47 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 28.18 | 24.94 | 21.53 | 21.47 | 20.79 | 20.49 | 19.56 |
| Loans & advances | 1.00 | 0.92 | 0.88 | 0.84 | 1.11 | 1.12 | 1.03 |
| Total current assets | 29.18 | 25.86 | 22.41 | 22.31 | 24.37 | 24.08 | 23.06 |
| Total current liabilities | 1.73 | 1.09 | 0.97 | 1.12 | 1.10 | 1.06 | 1.01 |
| Net working capital | 27.45 | 24.77 | 21.44 | 21.19 | 23.27 | 23.02 | 22.05 |
| Total assets | 38.04 | 35.60 | 32.64 | 32.53 | 39.21 | 39.16 | 38.36 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Opening cash | 24.94 | 21.53 | 21.47 | 20.79 | 20.49 | 19.56 | 19.00 |
| Net cash from operating activities | (1.04) | (2.21) | (1.95) | (5.48) | (1.25) | (1.24) | (1.35) |
| Net cash from investing activities | 4.28 | 5.63 | 2.00 | 6.16 | 1.55 | 2.17 | 1.92 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 3.24 | 3.42 | 0.05 | 0.68 | 0.30 | 0.93 | 0.56 |
| Closing cash | 28.18 | 24.94 | 21.53 | 21.47 | 20.79 | 20.49 | 19.56 |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -29.4% | +328.6% | +13.4% | +14.7% | -30.7% | +10.3% | - |
| EBITDA growth | -16.8% | +1092.3% | -31.6% | +46.2% | -74.8% | +102.0% | - |
| PBT growth | -17.6% | +2590.9% | -50.0% | +340.0% | -93.8% | +100.0% | +11.1% |
| Net income growth | -17.6% | +2590.9% | -50.0% | +340.0% | -93.7% | +97.5% | - |
| Revenue CAGR (3Y) | +50.8% | +77.3% | -3.4% | -4.3% | -4.7% | +14.2% | - |
| EBITDA CAGR (3Y) | +89.4% | +128.5% | -36.8% | -9.3% | -19.0% | +110.8% | - |
| Profitability & leverage | |||||||
| Net income margin | +39.7% | +34.0% | +5.4% | +12.3% | +3.2% | +35.6% | +19.6% |
| Return on capital employed | +1.5% | +1.8% | +0.1% | +0.1% | +0.0% | +0.4% | +0.2% |
| Return on net worth | +1.6% | +2.0% | +0.1% | +0.1% | +0.0% | +0.5% | +0.3% |
| 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 | 1.32 | 1.79 | 0.23 | 0.14 | 0.12 | 0.18 | 0.17 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 1.45 | 0.63 | 0.92 | 0.89 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 0.44 | 0.53 | 0.02 | 0.04 | 0.01 | 0.14 | 0.07 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 2.69 | 2.25 | 1.72 | 3.08 | 3.04 | 3.03 | 2.89 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.31 | 0.00 | 0.00 | 33.78 | 19.21 | 26.63 | 14.85 | 23.32 |
| Revenue growth (YoY) | -72.4% | -100.0% | -100.0% | +44.9% | -48.1% | - | - | - |
| Other income | 3.23 | (2.42) | 5.57 | (0.02) | 2.42 | 0.22 | 0.45 | 2.65 |
| Total expenses | 5.74 | 0.45 | 0.72 | 34.33 | 19.89 | 26.30 | 15.00 | 23.71 |
| EBITDA | (0.43) | (0.45) | (0.72) | (0.55) | (0.68) | 0.33 | (0.15) | (0.39) |
| EBITDA margin | -8.1% | - | - | -1.6% | -3.5% | +1.2% | -1.0% | -1.7% |
| Depreciation | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Interest | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 2.70 | (2.98) | 4.76 | (0.66) | 1.65 | 0.46 | 0.21 | 2.17 |
| Tax | 0.39 | (0.51) | 1.13 | (0.14) | 0.43 | 1.36 | 0.30 | 0.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 58.54 | 104 | 70.22 | 62.09 | 22.59 | 6.14 | 8.70 |
| Revenue growth | -43.5% | +47.6% | +13.1% | +174.9% | +267.9% | -29.4% | - |
| Other income | 0.01 | 1.99 | 0.34 | 1.01 | 2.60 | 0.00 | 0.00 |
| Total expenses | 55.40 | 102 | 69.11 | 62.11 | 25.97 | 3.55 | 5.59 |
| Employee cost | 1.02 | 0.84 | 0.60 | 0.56 | 0.55 | 0.29 | 0.28 |
| EBITDA | 3.14 | 1.39 | 1.11 | (0.02) | (3.38) | 2.59 | 3.11 |
| EBITDA margin | +5.4% | +1.3% | +1.6% | -0.0% | -15.0% | +42.2% | +35.8% |
| Depreciation | 0.30 | 0.27 | 0.24 | 0.02 | 0.10 | 0.14 | 0.14 |
| Interest | 0.07 | 0.09 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.78 | 3.02 | 1.14 | 0.97 | (0.88) | 2.45 | 2.97 |
| Tax | 0.91 | 2.53 | 0.85 | 0.33 | 0.18 | 0.00 | 0.00 |
| Net profit | 1.87 | (1.66) | 0.21 | 0.26 | (3.40) | 2.45 | 2.97 |
| Net profit margin | +3.2% | -1.6% | +0.3% | +0.4% | -15.1% | +39.9% | +34.1% |
| EPS (₹) | 0.34 | 0.09 | 0.05 | 0.11 | (0.19) | 0.44 | 0.53 |
| 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 | 55.67 | 55.67 | 55.67 | 55.67 | 55.67 | 55.67 | 55.67 |
| Reserves & surplus | 16.25 | 14.27 | 14.07 | 12.74 | 14.61 | (22.37) | (24.82) |
| Shareholders' funds (net worth) | 71.92 | 69.94 | 69.74 | 68.41 | 70.28 | 33.30 | 30.85 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 1.01 | 0.97 | 1.18 | 0.50 | 0.00 | 0.00 | 0.00 |
| Total debt | 1.01 | 0.97 | 1.18 | 0.50 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 72.95 | 70.92 | 70.93 | 68.93 | 70.28 | 33.30 | 30.85 |
| Assets | |||||||
| Gross block | 1.92 | 1.61 | 1.84 | 1.14 | 4.87 | 12.25 | 12.46 |
| Net block | 1.00 | 0.99 | 1.37 | 0.79 | 0.46 | 4.43 | 4.67 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 59.71 | 26.88 | 15.16 | 14.08 | 28.16 | 0.91 | 0.91 |
| Inventories | 0.00 | 19.36 | 16.74 | 16.98 | 15.31 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 3.51 | 0.00 | 0.00 |
| Cash & bank balances | 7.32 | 12.13 | 17.00 | 12.64 | 3.59 | 28.18 | 24.94 |
| Loans & advances | 4.32 | 8.02 | 18.10 | 21.25 | 22.47 | 1.50 | 1.41 |
| Total current assets | 11.64 | 39.51 | 51.84 | 50.87 | 44.88 | 29.68 | 26.35 |
| Total current liabilities | 0.63 | 0.30 | 1.09 | 1.16 | 1.31 | 1.73 | 1.09 |
| Net working capital | 11.01 | 39.21 | 50.75 | 49.71 | 43.57 | 27.95 | 25.26 |
| Total assets | 72.95 | 70.92 | 70.93 | 68.93 | 70.28 | 33.30 | 30.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 11.36 | 8.32 | 3.41 | 0.96 | 0.41 | 24.94 | 21.52 |
| Net cash from operating activities | 19.24 | (1.95) | (2.11) | 20.46 | (24.46) | (1.04) | (2.20) |
| Net cash from investing activities | (29.36) | 5.27 | 7.27 | (18.02) | 25.01 | 4.28 | 5.63 |
| Net cash from financing activities | (0.34) | (0.29) | (0.24) | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | (10.46) | 3.04 | 4.92 | 2.44 | 0.55 | 3.24 | 3.43 |
| Closing cash | 7.32 | 12.13 | 17.00 | 12.64 | 3.59 | 28.18 | 24.94 |
| 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 | -43.5% | +47.6% | +13.1% | +174.9% | +267.9% | -29.4% | - |
| EBITDA growth | +125.9% | +25.2% | +5650.0% | +99.4% | -230.5% | -16.7% | - |
| PBT growth | -8.0% | +164.9% | +17.5% | +9998.0% | - | -17.5% | +2870.0% |
| Net income growth | +212.7% | -890.5% | -19.2% | +107.7% | -238.8% | -17.5% | - |
| Revenue CAGR (3Y) | -1.9% | +66.2% | +125.3% | +92.5% | +124.0% | +51.1% | +77.3% |
| EBITDA CAGR (3Y) | - | - | -24.6% | - | - | +89.6% | +125.8% |
| Profitability & leverage | |||||||
| Net income margin | +3.2% | +0.5% | +0.4% | +1.0% | -4.7% | +39.9% | +34.1% |
| Return on capital employed | +1.6% | +1.0% | +0.5% | -0.0% | 0.0% | +1.6% | +1.9% |
| Return on net worth | +1.1% | -0.9% | +0.1% | +0.2% | 0.0% | +1.6% | +1.9% |
| Debt / equity | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.46 | 8.04 | 8.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 33.17 | 60.08 | 47.13 | 21.00 | 5.35 | 1.32 | 1.00 |
| Inventory turnover | 6.05 | 5.74 | 4.16 | 3.91 | 3.29 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 35.95 | 14.35 | 0.00 | 0.00 |
| EPS (₹) | 0.34 | 0.09 | 0.05 | 0.11 | (0.19) | 0.44 | 0.53 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 12.92 | 12.56 | 12.53 | 12.29 | 12.62 | 4.60 | 4.16 |
Competitors of Apple Finance
Apple Finance has 3 listed competitors in our database, 2 of them funded. They include Indian Energy Exchange, MCX and AROMA ENTERPRISES.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iexindia.com | 2007 | Delhi, India | $30.02M | 172 | Power trading services are facilitated via an automated platform. | |
| mcxindia.com | 2003 | Mumbai, India | $55M | 383 | Commodity trading is facilitated by MCX in India. | |
| aromaenterprises.in | 1994 | Ahmedabad, India | 163 | Core enterprise activities are managed in Ahmedabad, India since 1994. |
Detailed competitors of Apple Finance
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Top companies in Financial Exchanges
3 companies that operate in the same segment as Apple Finance (Financial Exchanges) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Power trading services are facilitated via an automated platform. | 2007 | Delhi, Delhi, India | USD 30.02 M | USD 65.65 M | 179 | |
Equities and securities are traded on India's oldest stock exchange. | 1875 | Mumbai, Maharashtra, India | USD 42.77 M | USD 544.53 M | 1,520 | |
Stock exchange services including equities and derivatives are offered. | 1992 | Mumbai, Maharashtra, India | USD 483.36 M | USD 2.06 B |
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Frequently Asked Questions about Apple Finance
Apple Finance was founded in 1985.
Apple Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Apple Finance has 4 employees.
The primary company behind Apple Finance, Utique Enterprises Limited, reported revenue of ₹58.55 Cr for FY 2026, down 44% year on year.
Apple Finance was founded in 1985 and is headquartered in Mumbai, India. Operations are focused on the financial sector, specifically commodity trading services. These services are extended to clients through the domain applefinance.co.in. The company handles trading activities in various commodities, supporting market participants in the Indian economy. Geographic emphasis is placed on domestic operations within India.
Apple Finance's top competitors include Indian Energy Exchange, MCX and AROMA ENTERPRISES.
Yes, Apple Finance is publicly traded on BSE under the ticker symbol UTIQUE.
Apple Finance operates through Utique Enterprises Limited.
The legal entities of Apple Finance currently have 6 directors, including Mahesh Raghavan Menon, Jayanty Rama Krishna Sarma, Vidhi Bipin Mandaliya and others.