Apex Auto Unlisted Share price

Apex Auto Limited Unlisted Share – Company Overview

Established on 8th August 1994, APEX AUTO LIMITED is registered at Registrar of Companies (ROC), roc-Jharkhand with an Authorized Share Capital of ₹ 12,50,00,000 and paid-up capital is ₹ 55,34,00,000.

The company is engaged in the business of Manufacturing and Selling Excavators Parts & Fabricated Structures. Apex is the largest Indian manufacturer of finished fabricated structures for the earth-moving and construction equipment industry in India. The Company presently manufactures components for top-selling excavators, backhoe loaders, cranes, compactors, transit mixers, and underground drilling, crushing & screening equipment for the domestic and international markets.

Apex also caters to the structural requirements of defense, metro and rail transportation companies. The Company has 5 plants located across India in Jamshedpur, Dharwad, Bangalore, and Kharagpur with a capacity to process over 40,000 tons of steel per annum and a team of over 1200 driven employees.

Products/Services of the Company are-

1. Earthmoving Equipment- The Company offers complete solutions to OEMs in kit forms with Mainframes, Track frames, Booms, Arms, and Buckets for top-selling excavators & backhoe loaders.

2. Road & Concrete Mixing- Apex has supplied structures for concrete mixers and pavers to world majors like Putzmeister, Atlas Copco, and Lebarero.

3. Lifting & Handling-  Apex manufactures structures for heavy-duty cranes.

4. Mining & Crushing- The Company manufactures a wide range of crushing and screening equipment for world majors like Metso Minerals, Terex, and Atlas Copco.

5. Rail & Metro- Apex also caters to the structural requirements of metro and rail transportation companies.

Apex Auto Share Price, Share Details as of March 31, 2021

Apex Auto Limited Incorporation Details

Apex Auto Limited Board of Directors

Apex Auto Limited Principal Business Activities

Apex Auto Limited Shareholding Pattern (As of 31-03-2021)

Industry Outlook

In this challenging and dynamic environment, the Company has delivered a reasonably good performance. The loss of volumes at the beginning of the financial year 2020-21 due to lockdown, was recovered.

Due to strong demand in the second half of the year. The company’s turnover increased by 4% during the year despite poor demand in the first half of 2020-21 due to pandemics. The PBT increased by 32% and the PAT increased by 31%.

Over the years, Apex has relied on its strong partnerships with OEM customers. It has been a continuous endeavor and commitment to supporting their growth. The business strategy for the future will focus on capability building and technology improvements. Apex plans to further leverage its fabrication capabilities and presence in different locations of the country by entering the sectors of defense, aviation, and power.