diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9cd2ef10..e0bfda6e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,7 @@
 ## Version 1.8
 * [#127](https://github.com/gradlex-org/java-module-dependencies/issues/127) Less configuration cache misses when modifying `module-info.java` (Thanks [TheGoesen](https://github.com/TheGoesen))
 * [#128](https://github.com/gradlex-org/java-module-dependencies/issues/128) Less configuration cache misses when using Settings plugin (Thanks [TheGoesen](https://github.com/TheGoesen))
+* [#135](https://github.com/gradlex-org/java-module-dependencies/issues/135) Improve performance of ApplyPluginsAction
 
 ## Version 1.7.1
 * Update module name mappings
diff --git a/src/main/java/org/gradlex/javamodule/dependencies/initialization/JavaModulesExtension.java b/src/main/java/org/gradlex/javamodule/dependencies/initialization/JavaModulesExtension.java
index 576d0379..8ce49e50 100644
--- a/src/main/java/org/gradlex/javamodule/dependencies/initialization/JavaModulesExtension.java
+++ b/src/main/java/org/gradlex/javamodule/dependencies/initialization/JavaModulesExtension.java
@@ -36,16 +36,17 @@
 import org.gradlex.javamodule.dependencies.internal.utils.ModuleInfoCache;
 import org.gradlex.javamodule.dependencies.internal.utils.ValueModuleDirectoryListing;
 
-import javax.annotation.Nullable;
 import javax.inject.Inject;
 import java.io.File;
 import java.nio.file.Paths;
+import java.util.ArrayList;
 import java.util.List;
 
 public abstract class JavaModulesExtension {
 
     private final Settings settings;
     private final ModuleInfoCache moduleInfoCache;
+    private final List<ModuleProject> moduleProjects = new ArrayList<>();
 
     @Inject
     public abstract ObjectFactory getObjects();
@@ -57,6 +58,7 @@ public abstract class JavaModulesExtension {
     public JavaModulesExtension(Settings settings) {
         this.settings = settings;
         this.moduleInfoCache = getObjects().newInstance(ModuleInfoCache.class, true);
+        settings.getGradle().getLifecycle().beforeProject(new ApplyPluginsAction(moduleProjects, moduleInfoCache));
     }
 
     /**
@@ -137,43 +139,53 @@ private void includeModule(Module module, File projectDir) {
 
         String group = module.getGroup().getOrNull();
         List<String> plugins = module.getPlugins().get();
-        settings.getGradle().getLifecycle().beforeProject(new ApplyPluginsAction(artifact, group, plugins, mainModuleName, moduleInfoCache));
+        moduleProjects.add(new ModuleProject(artifact, group, plugins, mainModuleName));
     }
 
-    @NonNullApi
-    private static class ApplyPluginsAction implements IsolatedAction<Project>, Action<Project> {
-
+    private static class ModuleProject {
         private final String artifact;
         private final String group;
         private final List<String> plugins;
         private final String mainModuleName;
-        private final ModuleInfoCache moduleInfoCache;
 
-        public ApplyPluginsAction(String artifact, @Nullable String group, List<String> plugins, @Nullable String mainModuleName, ModuleInfoCache moduleInfoCache) {
+        public ModuleProject(String artifact, String group, List<String> plugins, String mainModuleName) {
             this.artifact = artifact;
             this.group = group;
             this.plugins = plugins;
             this.mainModuleName = mainModuleName;
+        }
+    }
+
+    @NonNullApi
+    private static class ApplyPluginsAction implements IsolatedAction<Project> {
+
+        private final List<ModuleProject> moduleProjects;
+        private final ModuleInfoCache moduleInfoCache;
+
+        public ApplyPluginsAction(List<ModuleProject> moduleProjects, ModuleInfoCache moduleInfoCache) {
+            this.moduleProjects = moduleProjects;
             this.moduleInfoCache = moduleInfoCache;
         }
 
         @Override
         public void execute(Project project) {
-            if (project.getName().equals(artifact)) {
-                if (group != null) project.setGroup(group);
-                project.getPlugins().apply(JavaModuleDependenciesPlugin.class);
-                project.getExtensions().getByType(JavaModuleDependenciesExtension.class).getModuleInfoCache().set(moduleInfoCache);
-                plugins.forEach(id -> project.getPlugins().apply(id));
-                if (mainModuleName != null) {
-                    project.getPlugins().withType(ApplicationPlugin.class, p ->
-                            project.getExtensions().getByType(JavaApplication.class).getMainModule().set(mainModuleName));
+            for (ModuleProject m : moduleProjects) {
+                if (project.getName().equals(m.artifact)) {
+                    if (m.group != null) project.setGroup(m.group);
+                    project.getPlugins().apply(JavaModuleDependenciesPlugin.class);
+                    project.getExtensions().getByType(JavaModuleDependenciesExtension.class).getModuleInfoCache().set(moduleInfoCache);
+                    m.plugins.forEach(id -> project.getPlugins().apply(id));
+                    if (m.mainModuleName != null) {
+                        project.getPlugins().withType(ApplicationPlugin.class, p ->
+                                project.getExtensions().getByType(JavaApplication.class).getMainModule().set(m.mainModuleName));
+                    }
                 }
             }
         }
     }
 
     @NonNullApi
-    private static class ApplyJavaModuleVersionsPluginAction implements IsolatedAction<Project>, Action<Project> {
+    private static class ApplyJavaModuleVersionsPluginAction implements IsolatedAction<Project> {
 
         private final String projectName;
 
diff --git a/src/main/java/org/gradlex/javamodule/dependencies/initialization/RootPluginsExtension.java b/src/main/java/org/gradlex/javamodule/dependencies/initialization/RootPluginsExtension.java
index 5e2a60d7..a760ecc6 100644
--- a/src/main/java/org/gradlex/javamodule/dependencies/initialization/RootPluginsExtension.java
+++ b/src/main/java/org/gradlex/javamodule/dependencies/initialization/RootPluginsExtension.java
@@ -16,40 +16,43 @@
 
 package org.gradlex.javamodule.dependencies.initialization;
 
-import org.gradle.api.Action;
 import org.gradle.api.IsolatedAction;
 import org.gradle.api.NonNullApi;
 import org.gradle.api.Project;
 import org.gradle.api.initialization.Settings;
 
 import javax.inject.Inject;
+import java.util.ArrayList;
+import java.util.List;
 
 public abstract class RootPluginsExtension {
 
-    private final Settings settings;
+    private final List<String> ids = new ArrayList<>();
 
     @Inject
     public RootPluginsExtension(Settings settings) {
-        this.settings = settings;
+        settings.getGradle().getLifecycle().beforeProject(new ApplyPluginAction(ids));
     }
 
     public void id(String id) {
-        settings.getGradle().getLifecycle().beforeProject(new ApplyPluginAction(id));
+        ids.add(id);
     }
 
     @NonNullApi
-    private static class ApplyPluginAction implements IsolatedAction<Project>, Action<Project> {
+    private static class ApplyPluginAction implements IsolatedAction<Project> {
 
-        private final String id;
+        private final List<String> ids;
 
-        public ApplyPluginAction(String id) {
-            this.id = id;
+        public ApplyPluginAction(List<String> ids) {
+            this.ids = ids;
         }
 
         @Override
         public void execute(Project project) {
             if (isRoot(project)) {
-                project.getPlugins().apply(id);
+                for (String id : ids) {
+                    project.getPlugins().apply(id);
+                }
             }
         }