Master in Accounts & high court Advocate
9610 Points
Posted on 27 January 2025
Apollo Green Energy (AGE) is indeed an interesting investment opportunity, especially given the growing focus on sustainable energy.
As a leading EPC company specializing in renewable energy solutions, AGE has positioned itself for potential long-term growth.
Here are some key points to consider: - *Financial Performance*: AGE's revenue from operations was ₹75,340 lakhs in FY2022-23, with a total income of ₹79,084 lakhs.
Their profit before tax was ₹2,565 lakhs, indicating a significant improvement from the previous year's loss of ₹1,184 lakhs.¹ -
*Projects and Order Book*: AGE has a healthy order book worth ₹3,551 crore, with projects under execution valued at ₹2,527 crore.
They're also executing 400 MW of solar projects across three states. -
*Unlisted Share Price*: The current price of AGE unlisted shares is ₹308 per equity share, with a minimum lot size of 100 shares. -
*Lock-in Period*: The lock-in period for AGE unlisted shares is six months, starting from the date of IPO allotment. -
*Tax Implications*: Short-term capital gains tax applies if sold within 24 months, while long-term capital gains tax applies if sold after 24 months. While AGE appears to be a promising investment opportunity, it's essential to conduct