Apollo Pipes
- Market cap
- ₹ 2,138 Cr.
- P/E
- 300.5x
- P/B
- 2.63x
- 52-week range
- 252.1 – 668.8
- ROE
- −1%
- ROCE
- 1%
- Dividend yield
- 0.1%
- Debt / equity
- 0.15
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- NSE, BSE
About
Apollo Pipes Limited is an India-based company, which is engaged in the manufacturing and trading of polyvinyl chloride (PVC) pipes and fittings. The Company's product portfolio includes a range of over 2600 stock keeping units (SKUs), including chlorinated polyvinyl chloride (cPVC), unplasticized polyvinyl chloride (uPVC) and high-density polyethylene (HDPE) pipes, water storage tanks, PVC taps, fittings and solvents. Its borewell system products include column pipes and casing pipes. Its bath fitting products include faucets, showers, health faucets, cisterns and accessories. Its agricultural products include agricultural pipes and fittings, HDPE pipes and coils and sprinkler system. The Company caters to various industries, such as agriculture, construction, infrastructure and telecom ducting segments. Its sewerage solution products include SWR-drainage system and underground drainage system. It also offers uPVC and cPVC plumbing system, and kitchen tank.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →Apollo Pipes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)300.5 against a typical 21.4: pricier than most peers (1st = cheapest).72nd of 76
- Sales growth+7.3% against a typical +14.5% from a year earlier.39th of 66
- Profit growth−237.5% against a typical +15.3% from a year earlier.52nd of 55
- Share price, 3 months−3.2% against a typical −8.7%.24th of 61
- Size₹ 2,138.1 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).7th of 68
Latest announcements
Exchange filings and their impact on the company.
- Apollo Pipes allotted 2M shares on warrant conversion, raising Rs 82.5 cr and diluting equity ~4.3%.
Apollo Pipes allotted 20 lakh equity shares of Rs 10 each to KITARA PIIN 2401, a non-promoter investor, on conversion of an equal number of warrants issued at Rs 550 each. The company received the balance Rs 412.50 per warrant, totalling Rs 82.5 crore. Paid-up capital rose to 4.6 crore shares, strengthening equity with about 4.3% dilution.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA- | Stable | 16 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 16 Sep 2026 | ▲ Upgrade2 notches | Crisil A/Watch Positive → Crisil AA- | — | CRISIL | ₹ 280 Cr. | |
| 18 May 2026 | Reaffirmed | Crisil A → Crisil A/Watch Positive | — | CRISIL | ₹ 280 Cr. | |
| 3 Nov 2025 | Reaffirmed | Crisil A | — | CRISIL | ₹ 280 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 17 Oct 2026 | Warrant conversion | Allotted | ₹ 82.5 Cr. | ₹ 550 | −12.42% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Aug 2026 | Fund Raising | To consider Fund Raising |
| 30 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 7 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 29 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 7 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2017 | Jun 2017 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 71 | 83 | 256 | 308 | 250 | 308 | 315 | 275 | 236 | 247 | 347 | 295 |
| Expenses | 61 | 77 | 230 | 280 | 231 | 285 | 291 | 254 | 220 | 235 | 329 | 292 |
| Operating Profit | 9 | 6 | 25 | 29 | 19 | 23 | 24 | 21 | 16 | 12 | 18 | 3 |
| OPM % | 13% | 8% | 10% | 9% | 8% | 8% | 8% | 8% | 7% | 4.9% | 5% | 1% |
| Other Income | 1 | 1 | 0 | 1 | 1 | 0 | 3 | 3 | 5 | 1 | 1 | 2 |
| Interest | 1 | 1 | 1 | 2 | 4 | 3 | 2 | 2 | 3 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 8 | 10 | 11 | 12 | 12 | 12 | 14 | 15 | 15 | 15 |
| Profit before tax | 8 | 5 | 16 | 18 | 6 | 9 | 13 | 9 | 4 | −5 | 1 | −13 |
| Tax % | 34% | 38% | 56% | 22% | 32% | 26% | 25% | 11% | 66% | −6% | 110% | −12% |
| Net Profit | 5 | 3 | 7 | 14 | 4 | 6 | 10 | 8 | 1 | −5 | 0 | −11 |
| EPS in Rs | 3.62 | 2.11 | 1.71 | 3.02 | 1.01 | 1.41 | 2.22 | 1.85 | 0.37 | −0.74 | 0.22 | −1.95 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 17%
- 5 Years
- —
- 3 Years
- —
- TTM
- −2%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −133%
- 10 Years
- 23%
- 5 Years
- 5%
- 3 Years
- −6%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Apollo Pipes | ₹ 481.70 | ₹ 2,138 Cr. | 300.5x | 2.6x | −1% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.6x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79x | 3.6x | 5.9% | 8.4% |
Management
- Ajay Kumar Jain
- Chief Financial Officer
- Parag Dadeech
- Chief Operating Officer
- Gourab Kumar Nayak
- Compliance Officer, Company Secretary
- Arun Agarwal
- Joint Managing Director, Director
- Sameer Gupta
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.