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 ₹ 2,195 Cr.
- Current Price ₹ 500
- High / Low ₹ 554 / 252
- Stock P/E 463
- Book Value ₹ 192
- Dividend Yield 0.14 %
- ROCE 2.18 %
- ROE 0.57 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.60 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 3.72% 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.
Peer comparison
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of BSE Industrials BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | 818 | |
| 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 | 8 |
| 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: | 46% |
| 5 Years: | -36% |
| 3 Years: | -42% |
| TTM: | -83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 8% |
| 3 Years: | -13% |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 5% |
| 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% | 2% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Volume Tons |
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| Number of Dealers and Distributors Count |
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| Number of SKUs Count |
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| Housing/Plumbing Revenue Mix % of sales |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jul - Newspaper Advertisement regarding completion of despatch of Notice of 40th AGM of the Company.
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Business Responsibility and Sustainability Reporting (BRSR)
10 Jul - Apollo Pipes filed its FY2025-26 Business Responsibility and Sustainability Report.
- Reg. 34 (1) Annual Report. 10 Jul
- Notice Of 40Th Annual General Meeting Of The Company. 10 Jul
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Jul - Newspaper Advertisement regarding pre-dispatch intimation of Notice of 40th Annual General Meeting of the Company.
Annual reports
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Financial Year 2026
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Financial Year 2025
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Financial Year 2019
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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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Concalls
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May 2026Transcript PPT REC
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Oct 2020Transcript PPT
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Dec 2018TranscriptAI SummaryPPT
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Jan 2018TranscriptAI SummaryPPT
Leadership[1]
Among the Top 10 leading PVC pipe manufactures in India.