Apollo Finvest's Quality Grade Change Reflects Competitive Position in NBFC Sector

Apollo Finvest (India), a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone an evaluation revision that reflects its current financial standing. The company has demonstrated a sales growth of 2.24% over the past five years, while its EBIT growth stands at 13.13%. Additionally, Apollo Finvest maintains a net debt to equity ratio of 0.60, indicating a manageable level of debt relative to its equity.
The company's average return on equity (ROE) is reported at 16.35%, showcasing its ability to generate profit from shareholders' equity. However, institutional holding remains relatively low at 0.34%, which may suggest limited interest from larger investors.

In comparison to its peers, Apollo Finvest's performance metrics position it favorably against several companies in the sector. While some competitors, such as Colab Platforms and LKP Finance, are rated lower, others like Meghna Infracon and Arihant Capital share a similar standing. This context highlights the competitive landscape within the NBFC industry, where Apollo Finvest is navigating its growth trajectory amidst varying performance levels among its peers.