Apollo Pipes Ltd
Apollo Pipes is engaged in manufacturing and trading of cPVC, uPVC, and HDPE pipes, PVC taps, fittings, water storage tank and solvent etc. It is among the top 10 leading piping solution providing Company in India. The products cater to an array of industrial applications such as Agriculture, Water Management, Construction,Infrastructure,and Telecom ducting segments.
- Market Cap ₹ 2,567 Cr.
- Current Price ₹ 652
- High / Low ₹ 799 / 560
- Stock P/E 50.4
- Book Value ₹ 142
- Dividend Yield 0.09 %
- ROCE 8.91 %
- ROE 5.53 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 34.4 to 26.2 days.
- Company's median sales growth is 16.6% of last 10 years
Cons
- Stock is trading at 4.60 times its book value
- Promoter holding has decreased over last quarter: -2.48%
- Company has a low return on equity of 10.5% over last 3 years.
- Dividend payout has been low at 5.92% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 1 | 1 | 1 | 0 | 241 | 284 | 362 | 408 | 518 | 784 | 915 | 983 | |
0 | 0 | 0 | 0 | 0 | 210 | 251 | 323 | 361 | 444 | 690 | 846 | 883 | |
Operating Profit | 1 | 1 | 1 | 1 | -0 | 31 | 33 | 39 | 47 | 74 | 94 | 69 | 100 |
OPM % | 80% | 78% | 77% | 86% | 13% | 12% | 11% | 11% | 14% | 12% | 8% | 10% | |
0 | 0 | 0 | 0 | 0 | 2 | 8 | 10 | 10 | 8 | 3 | 2 | 4 | |
Interest | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 6 | 6 | 5 | 4 | 9 | 6 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 5 | 7 | 10 | 13 | 18 | 26 | 28 | 29 |
Profit before tax | 1 | 1 | 1 | 0 | -0 | 24 | 31 | 34 | 38 | 61 | 67 | 33 | 69 |
Tax % | 35% | 32% | 34% | 29% | -22% | 35% | 29% | 29% | 24% | 27% | 26% | 27% | |
0 | 0 | 0 | 0 | -0 | 16 | 22 | 24 | 29 | 44 | 50 | 24 | 51 | |
EPS in Rs | 0.23 | 0.24 | 0.24 | 0.14 | -0.07 | 10.46 | 6.66 | 6.65 | 7.26 | 11.32 | 12.65 | 6.08 | 12.96 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 0% | 0% | 8% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 106% |
5 Years: | 26% |
3 Years: | 31% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 52% |
5 Years: | 2% |
3 Years: | -6% |
TTM: | 108% |
Stock Price CAGR | |
---|---|
10 Years: | 53% |
5 Years: | 38% |
3 Years: | 26% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 10% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 11 | 11 | 12 | 13 | 13 | 39 | 39 | 39 |
Reserves | 4 | 4 | 4 | 5 | 4 | 80 | 102 | 181 | 273 | 338 | 366 | 418 | 518 |
0 | 0 | 0 | 0 | 0 | 20 | 238 | 112 | 90 | 63 | 39 | 44 | 2 | |
0 | 0 | 0 | 0 | 0 | 30 | 49 | 85 | 106 | 80 | 100 | 161 | 161 | |
Total Liabilities | 9 | 9 | 10 | 10 | 10 | 142 | 401 | 391 | 482 | 494 | 544 | 662 | 721 |
0 | 0 | 0 | 0 | 0 | 70 | 79 | 117 | 154 | 221 | 236 | 281 | 282 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 12 | 30 | 8 | 7 | 6 | 7 |
Investments | 0 | 0 | 0 | 10 | 10 | 0 | 1 | 0 | 0 | 0 | 4 | 40 | 52 |
9 | 9 | 10 | 0 | 0 | 72 | 307 | 262 | 297 | 265 | 296 | 336 | 381 | |
Total Assets | 9 | 9 | 10 | 10 | 10 | 142 | 401 | 391 | 482 | 494 | 544 | 662 | 721 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 0 | 0 | 10 | -0 | 24 | 15 | 26 | 12 | 21 | 36 | 69 | |
0 | 0 | 0 | -10 | 0 | -9 | -27 | -44 | -52 | -56 | -37 | -68 | |
0 | 0 | 0 | 0 | 0 | -15 | 215 | -39 | 20 | -21 | -30 | -8 | |
Net Cash Flow | -0 | 0 | 0 | -0 | 0 | -0 | 203 | -57 | -19 | -56 | -30 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 52 | 49 | 36 | 53 | 44 | 33 | 26 | |
Inventory Days | 47 | 80 | 73 | 104 | 79 | 84 | 90 | |||||
Days Payable | 39 | 70 | 50 | 86 | 49 | 35 | 62 | |||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 60 | 59 | 59 | 71 | 74 | 82 | 54 | |
Working Capital Days | -84 | -59 | -85 | -62 | 57 | -39 | 43 | 63 | 74 | 68 | 56 | |
ROCE % | 6% | 6% | 6% | 7% | -1% | 45% | 15% | 13% | 13% | 16% | 17% | 9% |
Documents
Announcements
- Initial Disclosure: Non-Applicability Of Chapter XII Of SEBI Operational Circular- SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021 And SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 Dated October 19, 2023 Regarding Fund Raising By Issuance Of Debt Securities By Large Corporate. 1d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 1d
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Compliance Certificate Pursuant To Regulation 40(9) Of SEBI (LODR) Regulations, 2015
13 Apr - Compliance certificate for the Financial Year ended on March 31, 2024.
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Announcement under Regulation 30 (LODR)-Allotment
11 Apr - Apollo Pipes Limited has informed the stock exchange regarding allotment of 20,00,000 securities pursuant to Preferential Issue at its meeting held on April 11, 2024.
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Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015
5 Apr - Apollo Pipes Limited has informed the exchanges regarding the Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015 for financial year ended March 31, …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Feb 2024Transcript PPT
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Leadership[1]
Among the Top 10 leading PVC pipe manufactures in India.