Apollo Techno Industries Limited is an Indian manufacturing company engaged in the design and production of construction and drilling equipment. The company primarily earns revenue through the sale of drilling rigs and related equipment used in infrastructure, mining, water, and road construction projects. Its products are used by contractors and infrastructure developers across India, supporting core construction and industrial activities.

Key Clients & Manufacturing Facilities

The company serves infrastructure contractors, construction companies, and drilling service providers operating in roads, irrigation, mining, and water projects. Apollo Techno’s manufacturing facility is located at Mandali, Mehsana district, Gujarat, strategically positioned on the Ahmedabad–Mehsana highway. The facility is equipped for fabrication, machining, assembly, and quality testing, enabling in-house production and timely order execution.

Product Portfolio & Order Book Execution

Apollo Techno’s product portfolio includes drilling rigs and construction equipment used at early and execution stages of infrastructure projects. These products support critical phases such as soil testing, water drilling, and foundation work, directly impacting the project life cycle of clients. Orders are executed based on confirmed customer requirements, with focus on timely delivery, installation, and after-sales support to ensure repeat business.

Mergers, Capex & Expansion Plans

The company has converted into a public limited entity to support future growth and expansion. The IPO proceeds are proposed to be utilized for capital expenditure, working capital requirements, and strengthening manufacturing capabilities. Planned investments aim to improve production capacity, operational efficiency, and product development, supporting long-term scalability and enhanced market presence.

Employees & Banker Details

As on June 30, 2025 we have the total 154 Employees. The Banker to the Company is Kotak Mahindra Bank Limited and HDFC Bank Limited.

MANAGEMENT & VISION

The management team, led by experienced promoters and directors, focuses on sustainable growth, operational efficiency, and market expansion. Their near-term vision includes capacity enhancement and improved execution capabilities, while long-term goals target brand strengthening in the construction equipment segment. Funding for expansion and capex is planned through IPO proceeds, internal accruals, and banking relationships, ensuring a balanced capital structure.

INDUSTRY OVERVIEW

Apollo Techno operates in the Construction Equipment Industry, a key segment supporting India’s infrastructure development.

• Indian construction equipment market is valued at several billion USD, driven by road projects, mining, irrigation, and urban infrastructure.
• The industry is growing at an estimated 8–10% CAGR, supported by government spending and private investments.
• Globally, the construction equipment market runs into hundreds of billions of USD, with steady growth of 5–7% annually.
• Market leaders include global OEMs and strong domestic manufacturers, with India emerging as a key growth market.

KEY RISK FACTORS

1. Dependence on Infrastructure Spending
   The company’s performance is closely linked to infrastructure and construction activity. Any slowdown in government or private sector spending may directly impact order inflow and revenue visibility.
2. Customer Concentration Risk
   Revenue is derived from a limited base of contractors and project operators. Loss of key customers or delays in their projects could affect cash flows and operational stability.
3. Raw Material Price Volatility
   Fluctuations in steel and component prices can impact manufacturing costs. Inability to pass on cost increases may affect margins and profitability.
4. Execution and Delivery Risk
   Timely execution of orders depends on production efficiency, supply chain stability, and logistics. Any disruption can lead to delays, penalties, or customer dissatisfaction.
5. Competition Risk
   The construction equipment industry is competitive with established domestic and global players. Increased competition may pressure pricing and market share.
6. Regulatory and Compliance Risk
   The company is subject to industrial, environmental, and safety regulations. Non-compliance or changes in regulatory norms may increase costs or disrupt operations.

KEY STRENGTHS & OPPORTUNITIES

1. Strategic Manufacturing Location
   The Gujarat-based facility offers logistical advantages, access to suppliers, and proximity to key infrastructure markets, supporting efficient production and distribution.
2. Focused Product Portfolio
   Specialization in drilling and construction equipment allows the company to cater to niche infrastructure requirements with targeted solutions.
3. Experienced Promoter Group
   The promoters bring operational and industry experience, enabling informed decision-making and disciplined execution strategies.
4. Growing Infrastructure Demand
   Government-led infrastructure initiatives create long-term demand for drilling and construction equipment, offering sustained growth opportunities.
5. Scalable Business Model
   Planned capex and capacity expansion provide scope for higher volumes, better cost absorption, and improved profitability.
6. Strong Banking Relationships
   Established relationships with leading banks support working capital needs and future expansion funding.