Apollo Finvest Reports ₹6.95 Cr Profit for FY26; Board Approves Key Appointments

Apollo Finvest India Ltd has announced its audited financial results for the fiscal year ending March 31, 2026, reporting a Profit After Tax (PAT) of ₹695.49 lakh (₹6.95 crore) on total income of ₹2,124.60 lakh (₹21.25 crore). Total expenses for the period were ₹1,279.53 lakh.

Apollo Finvest Approves FY26 Results

During a board meeting on May 8, 2026, Apollo Finvest India Ltd's directors approved the audited financial results for the fiscal year that concluded on March 31, 2026. The company posted a Profit After Tax (PAT) of ₹695.49 lakh, equivalent to ₹6.95 crore, against a total income of ₹2,124.60 lakh, or ₹21.25 crore. Total expenses for the year amounted to ₹1,279.53 lakh.

Basic Earnings Per Share (EPS) for FY2026 was reported at ₹18.63. The company's auditor issued an unmodified opinion on the financial statements.

Key Leadership Roles Approved

The board also approved key leadership continuity measures. Mr. Amey Chaubal was re-appointed as Internal Auditor for the upcoming fiscal year FY 2026-27. Additionally, the board approved the re-appointment of Mr. Akash Saxena as a Non-Executive and Independent Director.

Significance of the Approvals

Approving the audited financials offers clarity on the company's performance and stability for the past fiscal year. Re-appointing key personnel like Mr. Saxena ensures continuity in strategy and operations, which is vital for consistent business growth.

Company Profile

Apollo Finvest India Ltd operates as a Non-Banking Financial Company (NBFC) in India, primarily engaged in financing, investment, and related financial activities.

Director Re-appointment Faces Shareholder Vote

While the board has approved the re-appointment of Mr. Akash Saxena, this decision is now subject to shareholder approval. Shareholders will vote on his continuation as a Non-Executive and Independent Director.

The company also confirmed it is not classified as a 'Large Corporate' under SEBI regulations.

Watchpoints: Director Vote and Labour Codes

The re-appointment of Mr. Akash Saxena as Director requires shareholder approval. This is a key condition to monitor.

Furthermore, potential impacts from the 'New Labour Codes', which could lead to additional provisions, are also a factor to track for future financial health.

Comparable Companies

Apollo Finvest operates within the NBFC sector. Comparable listed entities include Capfin India Ltd, Arman Financial Services Ltd, and UGRO Capital Ltd, all engaged in various lending and financial services.