Apollo Finvest Reports Strong Q2 Growth

Revenue from operations reached Rs 16.79 crore for the quarter ended September 30, 2026.
Net profit for the same period climbed to Rs 6.45 crore, compared to Rs 1.74 crore in Q2 last year.

Reader Takeaway: Strong revenue and profit growth indicate operational momentum, though investors should watch high-interest co-lending portfolio credit quality.

What just happened

Apollo Finvest (India) Ltd has released its financial results for the quarter and half-year ended September 30, 2026. The board-approved financials received an unmodified opinion from statutory auditors, confirming the reliability of the reported figures. The company demonstrated significant year-over-year growth across key performance metrics, driven by a widening loan book.

Why this matters

The financial results highlight a rapid scale-up in operations. With revenue tripling compared to the same quarter last year and profit increasing nearly fourfold, the company is demonstrating a strong upward trajectory. The total loan book expanded from Rs 62.47 crore as of March 31, 2026, to Rs 90.13 crore by the end of September 2026, showcasing aggressive market participation.

Co-Lending Details

A crucial part of the company's growth strategy involves co-lending arrangements (CLA). For the first half of the current fiscal year, Apollo Finvest recorded total disbursements of Rs 36.19 crore. The gross outstanding in this segment stands at Rs 41.93 crore, with the vast majority classified as standard loans. Notably, the company reported a weighted average rate of interest of 38.27% on these co-lending assets.

Risks to watch

While the growth figures are impressive, the high weighted average interest rate (38.27%) in the co-lending segment suggests the company caters to a higher-risk or specialized credit profile. Monitoring the asset quality and the impact of potential credit slippages as the loan book expands will be essential for long-term investors.

What to track next

Investors should keep an eye on the sustainability of the net interest margins and the ability of the company to maintain low non-performing assets (NPAs) as the loan portfolio scales further in the second half of the fiscal year.