About
Apollo Pipes Limited manufactures and trades in polyvinyl chloride (PVC) pipes and fittings in India. The company offers cPVC, uPVC, and PPR-C plumbing systems; uPVC pressure pipes and fittings, and garden pipes; HDPE PLB duct pipes and MDPE and HDPE gas piping system; SWR drainage system, underground drainage system, and DWC pipes; and agri pipes and fitting, HDPE pipes, coils, and sprinkler systems. It also provides underground drainage uPVC column Pipes, and casing pipes; water tanks, solvent cement, and kitchen sink. In addition, the company offers bath fittings, which include faucets, showers, health faucets, cistern, seat covers, accessories, and allied products. It provides its products to plumbing, agriculture, sewerage, water management, construction, fenestration industry, infrastructure, borewell system solutions, water storage solutions, water supply solutions, bath fittings solutions, industrial piping solutions, and telecom ducting industries. Apollo Pipes Limited was incorporated in 1985 and is headquartered in Noida, India.
Key Metrics
as of Sep 2026Market Cap2,665 Cr
P/E—
Div Yield0.12 %
Book Value₹186.00
52w High₹670.00
52w Low₹252.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Jun 2017 | Mar 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 295.00 | 347.00 | 247.00 | 236.00 | 275.00 | 315.00 | 308.00 | 250.00 | 308.00 | 256.00 | 83.00 | 71.00 | 50.00 |
| Expenses | 292.00 | 329.00 | 235.00 | 220.00 | 254.00 | 291.00 | 285.00 | 231.00 | 280.00 | 230.00 | 77.00 | 61.00 | 45.00 |
| Operating Profit | 3.00 | 18.00 | 12.00 | 16.00 | 21.00 | 24.00 | 23.00 | 19.00 | 29.00 | 25.00 | 6.00 | 9.00 | 5.00 |
| OPM % | 1.00 | 5.00 | 4.90 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 10.00 | 8.00 | 13.00 | 10.00 |
| Other Income | 2.00 | 1.00 | 1.00 | 5.00 | 3.00 | 3.00 | 0.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 0.00 |
| Depreciation | 15.00 | 15.00 | 15.00 | 14.00 | 12.00 | 12.00 | 12.00 | 11.00 | 10.00 | 8.00 | 1.00 | 1.00 | 1.00 |
| Interest | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 4.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | -13.00 | 1.00 | -5.00 | 4.00 | 9.00 | 13.00 | 9.00 | 6.00 | 18.00 | 16.00 | 5.00 | 8.00 | 3.00 |
| Tax % | -12.00 | 110.00 | -6.00 | 66.00 | 11.00 | 25.00 | 26.00 | 32.00 | 22.00 | 56.00 | 38.00 | 34.00 | 35.00 |
| Net Profit | -11.00 | 0.00 | -5.00 | 1.00 | 8.00 | 10.00 | 6.00 | 4.00 | 14.00 | 7.00 | 3.00 | 5.00 | 2.00 |
| EPS in Rs | -1.95 | 0.22 | -0.74 | 0.37 | 1.85 | 2.22 | 1.41 | 1.01 | 3.02 | 1.71 | 2.11 | 3.62 | 0.67 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|
| Sales | 1,105.00 | 1,182.00 | 987.00 | 268.00 | 233.00 | 100.00 |
| Expenses | 1,038.00 | 1,085.00 | 890.00 | 236.00 | 209.00 | 92.00 |
| Operating Profit | 67.00 | 97.00 | 97.00 | 32.00 | 24.00 | 8.00 |
| OPM % | 6.00 | 8.00 | 10.00 | 12.00 | 10.00 | 8.00 |
| Other Income | 10.00 | 5.00 | 4.00 | 0.00 | 0.00 | 9.00 |
| Interest | 11.00 | 12.00 | 6.00 | 4.00 | 5.00 | 3.00 |
| Depreciation | 57.00 | 45.00 | 30.00 | 5.00 | 4.00 | 2.00 |
| Profit before tax | 10.00 | 45.00 | 65.00 | 24.00 | 15.00 | 13.00 |
| Tax % | 51.00 | 25.00 | 34.00 | 35.00 | 35.00 | 9.00 |
| Net Profit | 5.00 | 34.00 | 43.00 | 16.00 | 10.00 | 12.00 |
| EPS in Rs | 1.70 | 7.41 | 10.84 | 5.27 | 3.34 | 3.87 |
| Dividend Payout % | 41.00 | 9.00 | 9.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|
| Equity Capital | 44.00 | 44.00 | 39.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 775.00 | 749.00 | 535.00 | 32.00 | 24.00 | 19.00 |
| Borrowings | 124.00 | 93.00 | 69.00 | 20.00 | 34.00 | 45.00 |
| Other Liabilities | 332.00 | 331.00 | 357.00 | 64.00 | 43.00 | 38.00 |
| Total Liabilities | 1,275.00 | 1,217.00 | 1,000.00 | 121.00 | 106.00 | 107.00 |
| Fixed Assets | 571.00 | 555.00 | 497.00 | 49.00 | 45.00 | 37.00 |
| CWIP | 90.00 | 37.00 | 8.00 | 0.00 | 0.00 | 0.00 |
| Investments | 68.00 | 65.00 | 52.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 546.00 | 560.00 | 443.00 | 71.00 | 60.00 | 69.00 |
| Total Assets | 1,275.00 | 1,217.00 | 1,000.00 | 121.00 | 106.00 | 107.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 35.00 | 29.00 | 125.00 | 16.00 | 22.00 | 7.00 |
| Cash from Investing Activity | -134.00 | -151.00 | -214.00 | -9.00 | -12.00 | -40.00 |
| Cash from Financing Activity | 45.00 | 205.00 | -64.00 | -8.00 | -11.00 | 36.00 |
| Net Cash Flow | -54.00 | 83.00 | -153.00 | -1.00 | -1.00 | 3.00 |
| Free Cash Flow | -85.00 | -101.00 | 28.00 | 8.00 | 10.00 | -33.00 |
| CFO/OP % | 64.00 | 42.00 | 148.00 | 69.00 | 111.00 | 106.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|
| Debtor Days | 34.00 | 29.00 | 29.00 | 47.00 | 46.00 | 72.00 |
| Inventory Days | 114.00 | 94.00 | 102.00 | 47.00 | 31.00 | 125.00 |
| Days Payable | 90.00 | 77.00 | 85.00 | 39.00 | 20.00 | 46.00 |
| Cash Conversion Cycle | 58.00 | 46.00 | 46.00 | 54.00 | 57.00 | 151.00 |
| Working Capital Days | 14.00 | 20.00 | -3.00 | 43.00 | 18.00 | 44.00 |
| ROCE % | 1.00 | 7.00 | — | 31.00 | 22.00 | — |
Corporate Actions
9 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Jul 2026 | 17 Jul 2026 | — | 0.70 | |
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 0.70 | |
| Dividend | 17 Sep 2024 | 18 Sep 2024 | — | 1.00 | |
| Dividend | 15 Sep 2023 | 16 Sep 2023 | — | 0.60 | |
| Dividend | 19 Sep 2022 | 20 Sep 2022 | — | 1.00 | |
| Bonus | 02 Dec 2021 | 04 Dec 2021 | 2:1 | — | |
| Other | 24 Aug 2021 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 19 Sep 2019 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update18 May from crisil
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Rating update3 Nov 2025 from crisil
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Rating update14 Jul 2025 from icra
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Rating update21 Aug 2024 from crisil
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Rating update13 Jun 2024 from icra
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Rating update22 Feb 2024 from crisil
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