Apollo Finvest (I)
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Apollo Finvest (India) Ltd. disclosed that arbitration proceedings have been initiated by M/s. Psi Phi Global Solutions Private Limited before the Bombay High Court. The dispute arises from a Master Service Agreement dated December 1, 2022, under which the claimant provided services to Apollo Finvest. The claimant has asserted claims aggregating to ₹6.02 crores against the company. Apollo Finvest stated that it has reviewed the allegations and believes they are without merit. The company intends to vigorously defend its position and pursue all legal remedies. Management, based on legal advice, currently expects no material adverse financial impact from the proceedings.
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Apollo Finvest (India) Ltd. disclosed that arbitration proceedings have been initiated by M/s. Psi Phi Global Solutions Private Limited before the Bombay High Court. The dispute arises from a Master Service Agreement dated December 1, 2022, under which the claimant provided services to Apollo Finvest. The claimant has asserted claims aggregating to ₹6.02 crores against the company. Apollo Finvest stated that it has reviewed the allegations and believes they are without merit. The company intends to vigorously defend its position and pursue all legal remedies. Management, based on legal advice, currently expects no material adverse financial impact from the proceedings.
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May 27 (Reuters) - Apollo Finvest (India) Ltd APLM.BO:
APPROVED TO RAISE DEBT VIA ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UP TO 150 MILLION RUPEES
Source text for Eikon: ID:nBSE20078Q
Further company coverage: APLM.BO
(([email protected];))
May 27 (Reuters) - Apollo Finvest (India) Ltd APLM.BO:
APPROVED TO RAISE DEBT VIA ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UP TO 150 MILLION RUPEES
Source text for Eikon: ID:nBSE20078Q
Further company coverage: APLM.BO
(([email protected];))
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What does Apollo Finvest (I) do?
Apollo Finvest (India) Limited, established in 1995 in Mumbai, specializes in financial services and investment property management.
Who are the competitors of Apollo Finvest (I)?
Apollo Finvest (I) major competitors are Suvidhaa Infoserve, Alankit, Digispice Tech., Niyogin Fintech, Algoquant Fintech, AvenuesAI, PB Fintech. Market Cap of Apollo Finvest (I) is ₹127 Crs. While the median market cap of its peers are ₹482 Crs.
Is Apollo Finvest (I) financially stable compared to its competitors?
Apollo Finvest (I) seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Apollo Finvest (I) pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Apollo Finvest (I) latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Apollo Finvest (I) allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Apollo Finvest (I) balance sheet?
Balance sheet of Apollo Finvest (I) is strong. But short term working capital might become an issue for this company.
Is the profitablity of Apollo Finvest (I) improving?
No, profit is decreasing. The profit of Apollo Finvest (I) is ₹6.95 Crs for TTM, ₹7.22 Crs for Mar 2025 and ₹8.01 Crs for Mar 2024.
Is the debt of Apollo Finvest (I) increasing or decreasing?
The net debt of Apollo Finvest (I) is decreasing. Latest net debt of Apollo Finvest (I) is -₹3.48 Crs as of Mar-26. This is less than Mar-25 when it was ₹12.36 Crs.
Is Apollo Finvest (I) stock expensive?
Apollo Finvest (I) is not expensive. Latest PE of Apollo Finvest (I) is 18.26, while 3 year average PE is 26.81. Also latest EV/EBITDA of Apollo Finvest (I) is 10.93 while 3yr average is 19.18.
Has the share price of Apollo Finvest (I) grown faster than its competition?
Apollo Finvest (I) has given lower returns compared to its competitors. Apollo Finvest (I) has grown at ~-10.49% over the last 4yrs while peers have grown at a median rate of 3.05%
Is the promoter bullish about Apollo Finvest (I)?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Apollo Finvest (I) is 70.7% and last quarter promoter holding is 70.7%.
Are mutual funds buying/selling Apollo Finvest (I)?
The mutual fund holding of Apollo Finvest (I) is stable. The current mutual fund holding in Apollo Finvest (I) is 0.02% while previous quarter holding is 0.02%.