| Revenue growth | FY26 revenue ₹1,104.9 Cr, down 6% YoY. |
|---|---|
| Margins | FY26 EBITDA margin 6.0%; Q4FY26 margin 5.2%. |
| Demand visibility | Strong demand in North India; focus on Central and Western markets. |
| Management confidence | Targeting 25%+ revenue growth for FY27. |
Growth
FY26 sales volume grew 4% to 103,752 MT; however, FY26 PAT dropped 77% YoY to ₹7.5 Cr due to margin compression.
Outlook
Targeting 25%+ CAGR over next 3 years; expanding capacity to 288,000 MT via brownfield and greenfield Varanasi projects.
Risks
EBITDA margins contracted 208bps to 6.0% in FY26; Net Debt increased to ₹40 Cr from a net cash position.
Earnings Call filed with BSE, 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%.