Apollo Finvest (India) Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L51900MH1985PLC036991 Incorporated 29 July 1985 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 512437 Public Limited Company financial services
Data last updated
Market Cap
₹160 Cr
APOLLOFI · BSE
Share Price
₹435.00
+1.28% 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)
20.9x
P/B 2.3x
ROE
6.2%
ROCE 11.6%
Debt / Equity
0.34
Interest cover 24.0x

About Apollo Finvest (India) Limited

Data last updated:

Apollo Finvest (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 29 July 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1985PLC036991. Its GSTIN is 27AAACA0952A1ZD (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 512437.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹3.73 Cr. It was formerly known as Apollo Mercantiles Ltd and Appollo Mercantiles Ltd. It is led by directors including Mikhil Ramesh Innani (Managing Director) and Diksha Dinesh Nangia (Whole-Time Director).

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 301 Plot No. B – 27 Commerce Centre Off New Link Road Near Morya House Andheri West, Mumbai, Maharashtra, India – 400053.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹20.7 Cr, a decline of 31.6% compared to the previous year. For the same year it recorded a net profit of ₹4.35 Cr (net margin 21%) and EBITDA of ₹11.29 Cr (EBITDA margin 54.5%). The net worth stands at ₹74.29 Cr (up 10.3% YoY). Total assets are valued at ₹91.61 Cr (down 6.1% YoY).

The company has about 30 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Loaney and Apollo Finvest. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹27.5 Cr on record. Court records list 22 cases involving the company, including 12 filed by the company and 10 filed against it; 7 cases are pending. The company has 16 deals on record (16 market trades); the latest was in June 2021. Its 7 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 5 larger and 2 smaller; the largest is Inditrade Microfinance Limited with revenue of ₹30.82 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apollofinvest.com.

Company details

CIN L51900MH1985PLC036991
Registration Number 036991
Incorporation Date 29 July 1985
ROC Mumbai
Listing Status Listed - Listed on BSE (512437)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Apollo Finvest (India) has undergone 2 name changes throughout its history. The company was previously known as Apollo Mercantiles Ltd, and Appollo Mercantiles Ltd. The current legal name is Apollo Finvest (India) Limited.

Company NameStatus
Apollo Finvest (India) LimitedCurrent
Apollo Mercantiles LtdPrevious
Appollo Mercantiles LtdPrevious

Contact details

Apollo Finvest (India) Limited's registered office is in Mumbai, Maharashtra. Its website is apollofinvest.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    301 Plot No. B – 27 Commerce Centre Off New Link Road Near Morya House Andheri West, Mumbai, Maharashtra, India – 400053
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC

To see the full contact details of Apollo Finvest (India) Limited, buy the company report.

Comprehensive company report
Apollo Finvest (India) Limited - one report that includes everything
  • 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
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Brands

Apollo Finvest (India) operates two associated brands: Loaney and Apollo Finvest. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a web-based platform for lending services.loaney.in
Digital loans are enabled for companies to offer.apollofinvest.com

Business activity

The main business activity of Apollo Finvest (India) is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Apollo Finvest (India) Limited, buy the company report.

Financials of Apollo Finvest (India) Limited

FY 2025-26 filings available

Apollo Finvest (India) Limited reported revenue of ₹20.7 Cr (down 31.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹20.70 Cr
-31.6% YoY
EBITDA
₹11.29 Cr
-11.2% YoY
Profit After Tax
₹4.35 Cr
-40.2% YoY
Net Worth
₹74.29 Cr
+10.3% YoY
Total Assets
₹91.61 Cr
-6.1% YoY
Total Debt
₹17.32 Cr
-42.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue20.7030.2619.9744.3870.1015.1728.25
Revenue growth-31.6%+51.5%-55.0%-36.7%+362.1%-46.3%-
EBITDA11.2912.729.4613.5513.525.1510.03
EBITDA margin+54.5%+42.0%+47.4%+30.5%+19.3%+34.0%+35.5%
Profit before tax10.409.7910.2114.5217.045.629.16
Net profit4.357.288.0210.0612.734.126.65
Net profit margin+21.0%+24.1%+40.2%+22.7%+18.2%+27.2%+23.5%
EPS (₹)18.6319.3421.4727.0134.1010.9917.81
Balance sheet
Total assets91.6197.5266.4463.2588.1253.3160.14
Net worth74.2967.3360.1152.0041.8929.1325.04
Total debt17.3230.186.3311.2546.2324.1835.11
Cash & bank3.487.456.010.422.883.881.49
Net working capital(4.87)0.554.19(7.18)(13.28)(1.30)(2.57)
Cash flow
Cash from operations27.58(25.41)(35.87)24.18(11.53)6.2526.12
Cash from investing(16.55)1.9141.65(16.20)0.590.22(23.47)
Cash from financing(15.00)24.94(0.20)(10.43)9.94(4.09)(2.08)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8.475.794.585.125.218.027.777.08
Revenue growth (YoY)+62.6%-27.8%-41.1%-27.7%-29.6%---
Other income0.220.350.110.041.990.110.020.03
Total expenses3.463.361.111.733.215.694.773.23
EBITDA5.012.433.473.392.002.333.003.85
EBITDA margin+59.1%+42.0%+75.8%+66.2%+38.4%+29.1%+38.6%+54.4%
Depreciation0.210.230.220.220.230.240.240.33
Interest0.400.430.530.700.830.890.630.46
Profit before tax4.622.122.832.512.931.312.153.09
Tax1.261.041.010.770.630.270.730.67

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8.475.794.585.125.218.027.777.08
Revenue growth (YoY)+62.6%-27.8%-41.1%-27.7%-29.6%---
Other income0.220.350.110.041.990.110.020.03
Total expenses3.463.361.111.733.215.694.773.23
EBITDA5.012.433.473.392.002.333.003.85
EBITDA margin+59.1%+42.0%+75.8%+66.2%+38.4%+29.1%+38.6%+54.4%
Depreciation0.210.230.220.220.230.240.240.33
Interest0.400.430.530.700.830.890.630.46
Profit before tax4.622.122.832.512.931.312.153.09
Tax1.261.041.010.770.630.270.730.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue20.7030.2619.9744.3870.1015.1728.25
Revenue growth-31.6%+51.5%-55.0%-36.7%+362.1%-46.3%-
Other income2.500.181.111.773.900.770.57
Total expenses9.4117.5410.5130.8356.5810.0218.22
Employee cost4.343.433.272.601.801.090.87
EBITDA11.2912.729.4613.5513.525.1510.03
EBITDA margin+54.5%+42.0%+47.4%+30.5%+19.3%+34.0%+35.5%
Depreciation0.900.950.160.310.230.220.15
Interest2.492.160.200.490.150.081.29
Profit before tax10.409.7910.2114.5217.045.629.16
Tax3.462.582.194.464.311.502.51
Net profit4.357.288.0210.0612.734.126.65
Net profit margin+21.0%+24.1%+40.2%+22.7%+18.2%+27.2%+23.5%
EPS (₹)18.6319.3421.4727.0134.1010.9917.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.733.733.733.733.733.733.73
Reserves & surplus70.5663.6056.3848.2738.1625.4021.31
Shareholders' funds (net worth)74.2967.3360.1152.0041.8929.1325.04
Secured loans17.3230.186.3311.2540.2324.1831.11
Unsecured loans0.000.000.000.006.000.004.00
Total debt17.3230.186.3311.2546.2324.1835.11
Total liabilities91.6197.5266.4463.2588.1253.3160.14
Assets
Gross block6.547.554.955.635.565.217.67
Net block3.615.403.264.594.834.707.38
Capital work in progress0.000.000.000.000.000.000.00
Investments29.318.7511.5248.7030.9827.7225.61
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances3.487.456.010.422.883.881.49
Loans & advances4.782.824.692.713.371.411.68
Total current assets8.2610.2710.703.136.255.293.17
Total current liabilities13.139.726.5110.3119.536.595.74
Net working capital(4.87)0.554.19(7.18)(13.28)(1.30)(2.57)
Total assets91.6197.5266.4463.2588.1253.3160.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash7.456.010.422.883.881.490.92
Net cash from operating activities27.58(25.41)(35.87)24.18(11.53)6.2526.12
Net cash from investing activities(16.55)1.9141.65(16.20)0.590.22(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)1.445.59(2.45)(1.00)2.380.57
Closing cash3.487.456.010.422.883.881.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.340.290.160.610.991.091.05
Long-term debt / equity0.340.290.160.510.851.020.89
Interest cover23.9718.352.153.701.131.6213.06
Efficiency & per share
Fixed asset turnover3.294.873.988.2513.742.483.83
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)18.6319.3421.4727.0134.1010.9917.81
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)199.03180.44161.09139.36112.2678.0767.10

To see the full year-wise statements and ratios of Apollo Finvest (India) Limited, buy the company report.

Board of directors of Apollo Finvest (India) Limited

Apollo Finvest (India) has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mikhil Ramesh InnaniManaging Director24 Jul 20188 Years 3 MonthsCurrent
Akash Adarsh SaxenaDirector30 Jun 20215 Years 4 MonthsCurrent
Paritosh Ram KhatryDirector22 Dec 20178 Years 10 MonthsCurrent
Kruti KhemaniDirector24 Jul 20188 Years 3 MonthsCurrent
Diksha Dinesh NangiaWhole-Time Director09 Aug 20197 Years 2 MonthsCurrent
Priyanka RoyDirector18 Sep 20242 Years 1 MonthsCurrent

Peer comparison

Apollo Finvest (India) Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Inditrade Microfinance Limited₹30.82 Cr (FY 2019)354.0%Mumbai, Maharashtra, India
Rishra Investments Ltd₹30.78 Cr (FY 2019)401.0%Kolkata, West Bengal, India
Bizloan Private Limited₹30.71 Cr (FY 2025)13.0%Delhi, India
Swara Fincare Limited₹30.68 Cr (FY 2025)63.0%New Delhi, Delhi, India
Singularity Holdings Limited₹30.45 Cr (FY 2019)-31.0%Mumbai, Maharashtra, India
Unisys Softwares and Holding Industries Limited₹30.27 Cr (FY 2020)715.0%Kolkata, West Bengal, India
Kalpataru Housefin & Trading Pvt Ltd₹30.19 Cr (FY 2025)80.0%Kolkata, West Bengal, India
Apollo Finvest (India) Limitedthis company₹20.7 Cr (FY 2026)₹4.35 Cr21%-31.6%30Mumbai, Maharashtra, India

To see the full peer comparison of Apollo Finvest (India) Limited, buy the company report.

Auditor

Apollo Finvest (India) Limited is audited by GMJ & Co for the financial year 2019.

Auditor firmFinancial yearFirm registration number
GMJ & CoFY 2019103429W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 70.70%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.00%.

Promoters: 70.70%FII (Foreign Institutional): 0.30%Retail & Others: 29.00%
Mar 2026
QUARTER
70.70% Promoters
0.30% FII (Foreign Institutional)
29.00% Retail & Others
Promoter holding - history
Now 70.70% · Mar 2026High 70.70% · Jun 2025Low 70.70% · Jun 2025
69%69.8%70.5%71.3%72%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 70.70%Sep 2025: 70.70%Dec 2025: 70.70%Mar 2026: 70.70%70.70%70.70%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters70.70%70.70%70.70%70.70%
Public29.30%29.30%29.30%29.30%

Charges & borrowings

Open charges
₹15 Cr
Satisfied charges
₹27.5 Cr
Breakdown by lending institutions
Others₹27.00 Cr
The Shamarao Vithal Co-Op. Bank Ltd;₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Feb 2025101069590Others₹5 CrSatisfied
30 Jan 2025101052861Others₹2.5 CrSatisfied
08 Nov 2024101011595Others₹3 CrSatisfied
05 Nov 2024101008746Others₹7.5 CrSatisfied
24 Mar 2022100553776Others₹5 CrSatisfied

To see the full charge records of Apollo Finvest (India) Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Apollo Finvest (India) Limited has 16 deals on record (16 market trades); the latest was in June 2021.

Total deals
16
Market trades
16

Deals on record (5 of 16)

WhenDealAmountParties
Jun 2021Market trade₹2.03 CrSeller: an individual
Dec 2015Market trade₹4.2 LakhSeller: Kruti Capital Services Private Limited
Jul 2015Market trade₹3.5 LakhSeller: an individual
Jun 2015Market trade₹13.2 LakhBuyer: Globe Capital Market Limited , an individual
Seller: Globe Capital Market Limited
Aug 2010Market trade₹13.8 LakhBuyer: an individual
Seller: 2 individuals

To see the full deal history of Apollo Finvest (India) Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Apollo Finvest (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Apollo Finvest (India) Limited has a workforce of 30 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
-11.76%

GST

Apollo Finvest (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACA0952A1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Apollo Finvest (India) Limited, buy the company report.

Recent activity

Apollo Finvest (India) Limited has 32 board changes on record since 1996: 19 appointments and 13 cessations. The latest: Prachi Jain ceased to be Company Secretary on 06 May 2025.

Charges
A charge registered on 30 Jan 2025 via Charge ID 101052861 with Others was fully satisfied on 29 Apr 2026.
Charges
A charge registered on 05 Nov 2024 via Charge ID 101008746 with Others was fully satisfied on 29 Apr 2026.
Charges
A charge registered on 26 Feb 2025 via Charge ID 101069590 with Others was fully satisfied on 22 Apr 2026.
Filing
Apollo Finvest (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Apollo Finvest (India) Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Prachi Jain ceased to be Company Secretary.
Charges
A charge registered on 08 Nov 2024 via Charge ID 101011595 with Others was fully satisfied on 30 Apr 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101069590 was registered on 26 Feb 2025.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101052861 was registered on 30 Jan 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101011595 was registered on 08 Nov 2024.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101008746 was registered on 05 Nov 2024.
Ceased
Akash Sanjay Valia ceased to be Director.

37 earlier events are in the company report.

Frequently asked questions

Apollo Finvest (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 29 July 1985 (41+ years old) and is registered under CIN L51900MH1985PLC036991. Listed on BSE: 512437.

Apollo Finvest (India) reported revenue of ₹20.7 Cr for FY 2025-26 (down 31.6% YoY) based on standalone financials.

Apollo Finvest (India) has 6 current directors:

The latest financial statements of Apollo Finvest (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Apollo Finvest (India) is 27AAACA0952A1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of Apollo Finvest (India) is L51900MH1985PLC036991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Apollo Finvest (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 512437).

Apollo Finvest (India) has 22 court cases on record: 12 filed by the company and 10 filed against it. 7 are pending. Most are in the district courts.

Apollo Finvest (India) was incorporated on 29 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.

Apollo Finvest (India) has 16 deals on record (16 market trades); the latest was in June 2021.

The peers of Apollo Finvest (India) by revenue are Inditrade Microfinance Limited, Rishra Investments Ltd, Bizloan Private Limited, Swara Fincare Limited, Singularity Holdings Limited and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).