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Apollo Pipes share price & results

Apollo Pipes Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Oct 2026

Among India's top-6 PVC/CPVC pipe makers, selling 3,000+ SKUs via 1,000+ channel partners nationwide.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue295 ₹ crore+7.3% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin1.0 %−7.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-11.0 ₹ crore−237.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity-1.24 %−5.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.99 %+3.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-2.00 %−26.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 19 open · verdicts reflect calls analysed to Q1 FY27.

Apollo Pipes Limited management guidance track record on Inve: 24 targets tracked across analysed earnings calls (2 achieved, 3 missed, 19 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Volume Growth20% to 25% volume growth for FY '26
Call transcript, Q4 FY25 · 12 May 2025		Q4 FY25Q1 FY27:Historical promise, not mentioned. Superseded by new FY27 guidance.
Call transcript, Q1 FY27 · 31 Jul 2026		Missed
Return on Capital Employed (ROCE)Confident of achieving 25% ROCE in next 2 years
Call transcript, Q4 FY25 · 12 May 2025		Q4 FY25Q1 FY27:Management reiterates a 25% ROCE target, but ties it to a long-term (FY31) INR 5,000 cr revenue goal. The original 2-year promise (by Q4 FY27) is highly unlikely given current 7% normalized EBITDA margins.
Call transcript, Q1 FY27 · 31 Jul 2026		At Risk
Capacity ExpansionExpand total installed capacity to 2,86,000 tons over the next 2 years, without adding any debt
Call transcript, Q1 FY26 · 8 Aug 2025		Q1 FY26Q1 FY27:Reiterated FY27 capex of INR 100cr to be funded from operating cash flow, with the company being 'almost net cash'.
Call transcript, Q1 FY27 · 31 Jul 2026		On Track

Source: Inve Guidance Tracker for Apollo Pipes Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Apollo Pipes Limited's 24 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 21 more targets are in the full ledger.

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Price

₹488.4 +3.16% · +₹14.95

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +54.9% 1Y

₹300₹400₹500₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 30 Oct 2025Q3 FY26 — 30 Jan 2026Q4 FY26 — 8 May 2026Q1 FY27 — 31 Jul 2026

1Y: ₹315.4 on 24 Oct 2025 → ₹488.4. High ₹663.75 (25 Aug 2026), low ₹254.45 (21 Jan 2026).

Previous close
₹473.45
Market cap
₹2.2k Cr
52-week range
₹254.45 – ₹663.75
One year
+55.07%
Return on equity (TTM to Jun 2026)
-1.24%

Overview

Symbol
NSE:APOLLOPIPE
Industry
Industrials
Exchange
NSE
Currency
INR

What Apollo Pipes Limited does

Based on the company's own presentations, annual report and earnings calls.

Apollo Pipes Limited manufactures and markets PVC and allied piping solutions - cPVC, uPVC, PVC-O and HDPE pipes, PPR-C pipes, fittings, water storage tanks, taps, bath fittings and solvent cement - sold under the Apollo brand through a pan-India dealer and retailer network. It earns by supplying these products into agriculture (casing, drip irrigation, borewell pipes), water management, construction/plumbing, oil & gas conveyance and telecom ducting end-markets, and has recently entered window & door profiles (fenestration). The company holds a 61.94% majority stake in Kisan Mouldings Limited, a legacy plastic pipes and fittings maker, which operates as a separate manufacturing and distribution arm alongside the parent.

Segments

  • Agriculture
  • Water Management
  • Construction
  • Oil & Gas
  • Telecom Ducting
  • Fenestration
Market position
Among the top 6 leading piping solution providers in India
Installed manufacturing capacity
2,40,000 tonnes per annum (240,000 MTPA)
Manufacturing plants
7 large facilities across 6 locations: Dadri & Sikandarabad (UP), Ahmedabad (Gujarat), Tumkur (Karnataka), Raipur (Chhattisgarh), Mahagaon/Yavatmal (Maharashtra), Silvasa (Dadra & Nagar Haveli)
Product portfolio
3,000+ product varieties (SKUs) across cPVC, uPVC, PVC-O, PPR and HDPE pipes, fittings, water tanks and solvents
Distribution network
1,000+ channel partners pan-India
Stake in Kisan Mouldings Limited
61.94% majority stake, acquired March 2024
Headquarters Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
+4.0%
31 Jul
Q4 FY26
−0.4%
8 May
Q3 FY26
+1.2%
30 Jan
Q2 FY26
−3.2%
30 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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