About Gujarat Apollo Industries Limited (GAIL)

Gujarat Apollo Industries Limited (GAIL) was incorporated on October 7, 1986, as a joint venture between Apollo Earthmovers Pvt. Ltd. and Gujarat Industrial Investment Corporation Limited (GIIC). Initially named Gujarat Apollo Equipments Limited, it was renamed to Gujarat Apollo Industries Limited effective November 28, 2006.

The Company is engaged in the manufacturing of Mining, Road Construction, and Maintenance Machinery, catering to leading mining and infrastructure companies in India and across global markets. With a legacy of nearly four decades, Gujarat Apollo has earned a reputation for delivering robust, high-uptime, and performance-driven machinery. Its R&D initiatives and continuous improvement programmes are driven by customer feedback and technological innovation, ensuring reliability and adaptability across products.

Traditionally known for its crushing and screening equipment, the Company is now expanding into construction and material handling machinery. Following the completion of a non-compete agreement with a previous joint venture, Gujarat Apollo has re-entered the road construction equipment segment, broadening its product portfolio. Additionally, the acquisition of Farana pick-and-carry crane technology has strengthened its presence in the material handling domain, moving it closer to its vision of becoming a one-stop equipment solutions provider.

Manufacturing & Presence

• Manufacturing Plant:
  Block No. 486, 487, 488, Mouje Dholasan, Taluka & District Mehsana, Gujarat – 382732
• Corporate Office:
  1403–1405, The Capital 2, Science City Road, Sola, Ahmedabad – 380060

Gujarat Apollo’s operations are India-centric, with products supplied across domestic and international markets.

Key Milestones

• 1986: Incorporated as Gujarat Apollo Equipments Limited.
• 2006: Renamed to Gujarat Apollo Industries Limited.
• Post-2024: Expanded into road construction machinery following completion of the non-compete agreement with the prior joint venture.
• Acquired Farana crane technology, enhancing product offerings in material handling.
• Achieved ISO 9001:2015 certification by TUV India Private Limited (TUV NORD) for quality management systems.

As of the latest financial year, the Company has two subsidiaries (names not disclosed).

GAIL Key Management

• Mr. Asit A. Patel – Managing Director
• Mr. Anand A. Patel – Director
• Mr. Arjun A. Patel – Whole-time Director (w.e.f. August 14, 2024)
• Mr. Nirav A. Shah – Chief Financial Officer
• Ms. Neha Chikani Shah – Company Secretary

Latest Updates on Gujarat Apollo Industries Limited

• Product Portfolio Expansion:
  The Company continues to enhance its crushing and screening portfolio while diversifying into construction and material handling solutions, aligning with its one-stop equipment provider vision.
• Road Construction Segment Re-entry:
  With the expiry of a non-compete clause, Gujarat Apollo is re-entering the road construction equipment segment, leveraging its engineering strength and manufacturing scale.
• Technology Acquisition:
  Acquired Farana pick-and-carry crane technology, enabling entry into the material handling segment and expanding into new industrial applications.
• Quality Systems:
  Maintained ISO 9001:2015 certification from TUV India Private Limited (TUV NORD), reflecting adherence to global quality standards.
• Board Changes:
  • Mr. Arjun A. Patel appointed Whole-time Director (August 14, 2024).
  • Mr. Hitendrakumar Madhavlal Patel appointed Independent Director (March 31, 2025), later regularised through shareholder approval (June 28, 2025).

Operating Environment:
FY 2024–25 saw challenges such as delayed customer projects (due to general elections) and softer export demand. Despite this, Gujarat Apollo maintained its focus on R&D and new product development, ensuring business continuity and future readiness.

Note: Gujarat Apollo Industries Limited’s equity shares are listed on the BSE (Code: 522217) and NSE (Symbol: GUJAPOLLO). All details are sourced from the Company’s Annual Report for FY 2024–25.