| Revenue growth | 10% YoY in Q4; -6% for full year FY26. |
|---|---|
| Margins | EBITDA margin 5.2% in Q4, down 244bps YoY; FY26 margin 6.0%. |
| Demand visibility | Strong demand in North India; push for infrastructure and housing. |
| Management confidence | Targeting 25%+ revenue CAGR over the next 3 years. |
Growth
FY26 revenue fell 6% to ₹1,105Cr; PAT dropped 77% to ₹7.5Cr. Q4 volume growth was strong at 21% YoY.
Outlook
Targeting 25%+ revenue CAGR over 3 years; total capacity to reach 288,000 MT in 2 years via brownfield/greenfield expansion.
Risks
Margins compressed significantly with FY26 EBITDA margin at 6% vs 8.1% in FY25; net debt increased to ₹40Cr.
Earnings Call filed with NSE, NSE: APOLLOPIPE. Summary written with AI assistance from the document.
Apollo Pipes Ltd: key numbers
- Share price
- ₹501.95
- Market cap
- ₹2,311 Cr
- Revenue (annual)
- ₹1,105 Cr
- Net profit (annual)
- ₹7.49 Cr
- P/E (TTM)
- -263.8×Sector 51.9×
- Promoter holding
- 53.05%+1.33% QoQ
- FII holding
- 3.16%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Apollo Pipes Ltd
All →Apollo Pipes Earnings Call Transcript: Key Takeaways
Q2 FY27 revenue rose 31% YoY to ₹309.6 Cr on 13% volume growth. EBITDA recovered to ₹11.5 Cr (3.7% margin) from ₹3 Cr in Q1, but management says margins are still below target. Kissan remains loss-making.
Apollo Pipes Q2 FY27 Results: Net Profit ₹0.6 Cr, Down 57.1% YoY
Apollo Pipes Ltd reported revenue from operations of ₹309.6 Cr (+31.4% YoY) and net profit of ₹0.6 Cr (-57.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹0.6 Cr · -57.1% YoY
Apollo Pipes Convertible Warrants
Apollo Pipes converted 20,00,000 fully convertible warrants into equity shares at ₹550 per share (₹110 Crore). Paid-up capital rose from ₹44.05 to ₹46.05 Crore.
- Value
- ₹110.0 Cr
Apollo Pipes Credit Rating
Apollo Pipes Limited's bank facilities worth Rs. 150 Crore were upgraded by ICRA to [ICRA]AA-(Stable)/[ICRA]A1+ from A+. The rationale cites deeper integration with the APL Apollo Group.
Apollo Pipes Board Meeting Date
Apollo Pipes scheduled a board meeting for 5 November 2026 to consider Q2 and half-year results. The trading window reopens on 8 November 2026.
Apollo Pipes Preferential Issue
KITARA PIIN 2401 and PACs received 20,00,000 Apollo Pipes shares upon conversion of preferential allotment warrants. Combined holding rises from 4.01% to 8.35%.