Apollo Pipes Ltd

Apollo Pipes Ltd

₹ 509 0.15%
19 May - close price
About

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.

Key Points

Leadership[1]
Among the Top 10 leading PVC pipe manufactures in India.

  • Market Cap 2,241 Cr.
  • Current Price 509
  • High / Low 540 / 252
  • Stock P/E 184
  • Book Value 192
  • Dividend Yield 0.14 %
  • ROCE 2.69 %
  • ROE 1.48 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 4.88% over last quarter.

Cons

  • Stock is trading at 2.65 times its book value
  • The company has delivered a poor sales growth of 11.4% over past five years.
  • Company has a low return on equity of 4.14% over last 3 years.
  • Dividend payout has been low at 14.9% 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
251.94 260.33 249.45 221.56 245.79 240.23 200.60 244.64 240.22 220.01 194.09 194.82 278.52
222.52 234.16 225.31 201.43 220.88 215.90 182.48 223.63 218.54 201.34 176.87 181.32 259.23
Operating Profit 29.42 26.17 24.14 20.13 24.91 24.33 18.12 21.01 21.68 18.67 17.22 13.50 19.29
OPM % 11.68% 10.05% 9.68% 9.09% 10.13% 10.13% 9.03% 8.59% 9.03% 8.49% 8.87% 6.93% 6.93%
0.72 1.18 1.31 1.09 0.33 0.82 0.52 0.15 3.30 2.78 2.35 0.56 1.29
Interest 2.44 1.52 0.69 1.39 1.48 2.02 3.26 2.57 1.32 1.75 1.68 1.72 1.96
Depreciation 7.56 6.65 7.24 7.50 8.34 8.34 9.09 10.36 10.83 10.62 13.08 13.88 13.83
Profit before tax 20.14 19.18 17.52 12.33 15.42 14.79 6.29 8.23 12.83 9.08 4.81 -1.54 4.79
Tax % 25.42% 27.37% 26.20% 26.36% 57.78% 26.44% 28.93% 27.46% 26.03% 10.57% 56.76% -20.13% 32.57%
15.03 13.92 12.92 9.08 6.52 10.88 4.47 5.97 9.49 8.11 2.07 -1.24 3.24
EPS in Rs 3.82 3.54 3.29 2.31 1.66 2.63 1.08 1.36 2.15 1.84 0.47 -0.28 0.74
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 0 241 284 362 408 518 784 915 977 926 887
0 0 210 251 323 361 444 690 846 881 839 819
Operating Profit 1 -0 31 33 39 47 74 94 69 96 87 69
OPM % 86% 13% 12% 11% 11% 14% 12% 8% 10% 9% 8%
0 0 2 8 10 10 8 3 2 4 5 7
Interest 0 0 4 3 6 6 5 4 9 6 10 7
Depreciation 0 0 5 7 10 13 18 26 28 30 39 51
Profit before tax 0 -0 24 31 34 38 61 67 33 64 42 17
Tax % 29% 22% 35% 29% 29% 24% 27% 26% 27% 34% 27% 29%
0 -0 16 22 24 29 44 50 24 42 31 12
EPS in Rs 0.14 -0.07 10.46 6.66 6.65 7.26 11.32 12.65 6.08 10.78 7.00 2.77
Dividend Payout % 0% 0% 0% 0% 5% 0% 0% 8% 10% 9% 10% 25%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: -1%
TTM: -4%
Compounded Profit Growth
10 Years: 60%
5 Years: -23%
3 Years: -20%
TTM: -59%
Stock Price CAGR
10 Years: 28%
5 Years: 7%
3 Years: -7%
1 Year: 24%
Return on Equity
10 Years: 8%
5 Years: 6%
3 Years: 4%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 5 11 11 12 13 13 39 39 39 44 44
Reserves 5 4 80 102 218 293 338 366 418 534 761 801
0 0 20 238 112 90 63 39 44 62 61 92
0 0 30 49 49 85 80 100 161 188 184 195
Total Liabilities 10 10 142 401 391 482 494 544 662 824 1,049 1,132
0 0 70 79 117 154 221 236 281 345 398 421
CWIP 0 0 0 15 12 30 8 7 6 8 37 90
Investments 10 10 0 1 0 0 0 4 40 170 206 223
0 0 72 307 262 297 265 296 336 300 408 399
Total Assets 10 10 142 401 391 482 494 544 662 824 1,049 1,132

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
10 -0 24 15 26 12 21 36 69 123 70 38
-10 0 -9 -27 -44 -52 -56 -37 -68 -214 -141 -134
0 0 -15 215 -39 20 -21 -30 -8 76 180 49
Net Cash Flow -0 0 -0 203 -57 -19 -56 -30 -7 -14 109 -47
Free Cash Flow 10 -0 15 -15 -19 -47 -41 -4 -2 26 -49 -83
CFO/OP 1,505% 122% 97% 83% 93% 44% 45% 55% 121% 147% 95% 66%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 52 49 36 53 44 33 26 19 19 29
Inventory Days 47 80 73 104 79 84 90 83 87 100
Days Payable 39 70 50 86 49 35 59 60 70 74
Cash Conversion Cycle 0 60 59 59 71 74 82 57 42 36 54
Working Capital Days -62 47 -44 16 20 42 54 39 0 19 13
ROCE % 7% -1% 45% 15% 12% 12% 16% 17% 9% 12% 7% 3%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Installed Capacity
MTPA

Log in to view insights

Please log in to see hidden values.

Login
Sales Volume
Tons
Channel Partners / Distributors
Numbers
Number of SKUs
Numbers

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

103 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
50.80% 50.80% 50.80% 50.77% 45.90% 45.90% 46.49% 46.84% 46.84% 46.84% 46.84% 51.72%
2.56% 2.67% 3.23% 4.24% 4.14% 4.47% 4.03% 3.47% 4.28% 3.71% 3.58% 2.22%
13.09% 14.87% 14.70% 14.68% 17.19% 16.59% 15.26% 14.08% 15.26% 14.59% 12.43% 10.77%
33.01% 31.11% 30.74% 29.87% 32.37% 32.62% 33.83% 35.29% 33.31% 34.57% 36.86% 35.01%
0.53% 0.53% 0.53% 0.43% 0.41% 0.41% 0.39% 0.32% 0.31% 0.31% 0.31% 0.29%
No. of Shareholders 35,24538,47241,44340,99940,78643,30944,49744,55245,22646,09546,76644,305

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls