APOLLO PIPES LIMITED

BSE: APOLLOPIPE531761ISIN INE126J01016

Industrials
Plastic Products - Industrial
BSE Industrials

Share price

₹516.00+3.70 (+0.72%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹670.10
52W low: ₹252.80
Off 52W high: -23.00%
1M return: -2.65%
3M return: -2.84%
6M return: +13.84%
1Y return: +71.80%
20D avg volume: 7,015
50 DMA: ₹544.32
200 DMA: ₹463.16

Key ratios Consolidated

Market cap: ₹2,273 Cr
Current price: ₹516.00
52W high / low: ₹670.10 / ₹252.80
Face value: ₹10.00
P/E: -162.60
P/B: 2.77
EPS (TTM): ₹-3.17
Book value / share: ₹185.96
ROE: —
ROCE: 2.10%
Operating margin: —
Net margin: —
Debt / equity: 0.14
Net debt: ₹41.22 Cr
Interest cover: 1.92
Dividend yield: 0.14%
Dividend / share (TTM): ₹0.70
Payout: —
Cash conversion cycle: 50.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	295.44	347.02	247.18	235.71	275.00	314.78	307.93	250.44	308.50	255.60
	2.22	1.50	0.57	5.35	3.00	3.36	0.28	0.64	0.99	0.33
	297.65	348.52	247.75	241.07	278.00	318.14	308.20	251.08	309.48	255.93
	310.29	347.09	252.81	236.95	268.88	304.92	299.56	245.31	291.69	240.12
	230.54	232.90	148.68	159.55	212.39	191.19	213.48	178.47	237.08	166.13
	2.10	13.80	8.96	9.07	6.33	9.73	7.17	2.59	1.82	1.57
	27.78	27.34	26.22	24.02	23.59	22.17	24.49	22.81	23.36	14.31
	3.04	3.05	2.43	2.51	2.44	1.93	3.13	3.70	2.23	1.47
	14.87	15.06	15.21	14.50	12.12	12.25	11.78	10.58	9.93	8.46
	43.24	48.96	37.38	36.91	37.88	41.39	44.94	39.25	40.00	27.78
	-12.64	1.43	-5.06	4.11	9.13	13.22	8.64	5.77	17.80	15.81
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	-12.64	1.43	-5.06	4.11	9.13	13.22	8.64	5.77	17.80	15.81
	1.52	1.55	-0.31	2.73	0.97	3.35	2.26	1.82	3.92	8.91
	-11.12	-0.13	-4.76	1.39	8.16	9.87	6.39	3.95	13.88	6.90
	-2.52	-0.03	-1.08	0.31	1.85	2.24	1.45	0.95	3.02	1.71
Key metrics
	5.27	19.54	12.58	21.12	23.69	27.40	23.55	20.05	29.96	25.74
	1.80%	5.60%	5.10%	9.00%	8.60%	8.70%	7.60%	8.00%	9.70%	10.10%
	-3.80%	0.00%	-1.90%	0.60%	3.00%	3.10%	2.10%	1.60%	4.50%	2.70%
	—	0.50%	—	0.70%	—	1.60%	—	—	—	—
	7.40%	10.20%	-19.70%	-5.90%	-10.90%	23.20%	—	—	—	—
	-236.30%	-101.30%	-174.50%	-64.80%	-41.20%	43.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,125	1,105	1,182	986.95
	9.64	10.42	5.27	3.90
	1,135	1,115	1,187	990.85
	1,147	1,106	1,141	926.03
	771.67	753.52	820.23	704.49
	33.93	38.17	21.32	7.79
	105.36	101.17	92.83	61.40
	11.03	10.42	10.98	5.07
	59.64	56.88	44.53	29.86
	166.49	161.12	165.58	116.08
	-12.16	9.60	45.43	64.83
	0.00	0.00	0.00	0.00
	-12.16	9.60	45.43	64.83
	5.49	4.94	11.34	22.00
	-14.62	4.66	34.09	42.82
	-3.32	1.06	7.74	10.84
Key metrics
	58.51	76.90	100.94	99.76
	5.20%	7.00%	8.50%	10.10%
	-1.30%	0.40%	2.90%	4.30%
	—	2.10%	6.00%	—
	-1.99%	-6.50%	19.70%	—
	-151.53%	-86.30%	-20.40%	—
	—	-116.38	-110.56	—
	—	7.55	0.84	—
	—	0.14	0.10	—
	—	41.22	-39.35	—
	—	50.9	41.2	—
Balance sheet
	—	1,286	1,229	—
	—	471.20	489.30	—
	—	82.20	131.12	—
	—	103.54	94.98	—
	—	241.74	212.98	—
	—	36.92	32.13	—
	—	530.35	515.03	—
	—	191.40	174.44	—
	—	344.92	288.37	—
	—	123.42	91.77	—
	—	95.20	50.49	—
	—	28.22	41.28	—
	—	893.01	880.03	—
Cash flow
	—	35.19	28.67	—
	—	-133.95	-150.55	—
	—	44.88	205.05	—
	—	151.57	139.23	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	244.32	278.52	194.82	194.09	220.01	240.22	244.63	200.59	240.23	245.79	221.56	249.45
	2.20	1.29	0.56	2.35	2.78	3.30	0.15	0.53	0.81	0.33	1.09	1.31
	246.53	279.81	195.38	196.44	222.79	243.53	244.78	201.12	241.05	246.12	222.65	250.76
	252.45	275.02	196.93	191.64	213.71	230.69	236.55	194.83	226.25	230.69	210.32	233.25
	191.06	193.26	127.79	135.42	174.01	157.47	171.46	144.46	180.81	162.04	155.64	185.21
	2.04	3.13	2.21	3.24	2.73	1.75	3.88	2.17	1.68	1.53	2.36	1.89
	21.68	19.42	19.11	17.83	16.71	14.83	17.27	16.34	16.14	14.18	15.43	16.45
	2.35	1.96	1.72	1.68	1.75	1.32	2.57	3.26	2.02	1.48	1.39	0.69
	13.63	13.83	13.88	13.08	10.62	10.83	10.36	9.09	8.34	8.34	7.50	7.24
	31.44	36.32	27.36	26.64	26.58	26.11	30.51	28.24	30.37	27.11	29.13	30.63
	-5.92	4.79	-1.54	4.80	9.08	12.84	8.23	6.29	14.80	15.43	12.33	17.52
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	-5.92	4.79	-1.54	4.80	9.08	12.84	8.23	6.29	14.80	15.43	12.33	17.52
	-1.52	1.55	0.31	2.73	0.97	3.35	2.26	1.82	3.92	8.91	3.25	4.60
	-4.40	3.24	-1.24	2.07	8.11	9.49	5.97	4.47	10.88	6.52	9.08	12.92
	-1.00	0.73	-0.28	0.47	1.84	2.15	1.36	1.08	2.63	1.65	2.31	3.29
Key metrics
	10.06	20.58	14.06	19.56	21.45	24.99	21.16	18.64	25.16	25.25	21.22	25.45
	4.10%	7.40%	7.20%	10.10%	9.70%	10.40%	8.60%	9.30%	10.50%	10.30%	9.60%	10.20%
	-1.80%	1.20%	-0.60%	1.10%	3.70%	4.00%	2.40%	2.20%	4.50%	2.70%	4.10%	5.20%
	—	0.80%	—	0.70%	—	1.60%	—	—	—	—	—	—
	11.00%	15.90%	-20.40%	-3.20%	-8.40%	-2.30%	10.40%	-19.60%	—	—	—	—
	-154.30%	-65.90%	-120.80%	-53.70%	-25.50%	45.60%	-34.30%	-65.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	911.75	887.45	925.69	977.14	914.52	784.08
	6.40	6.98	4.79	3.90	1.96	3.79
	918.16	894.43	930.48	981.04	916.49	787.87
	916.04	877.30	888.32	916.60	883.75	720.67
	647.53	630.49	654.19	700.39	722.59	602.08
	10.62	11.32	9.49	7.74	5.39	7.69
	78.04	73.07	64.58	61.27	51.73	41.41
	7.71	7.12	9.18	5.07	8.86	4.29
	54.42	51.41	38.61	29.74	28.39	25.70
	121.76	116.89	115.23	115.41	102.00	76.08
	2.13	17.13	42.16	64.44	32.74	67.20
	0.00	0.00	0.00	—	—	—
	2.13	17.13	42.16	64.44	32.74	67.20
	3.07	4.94	11.34	22.00	8.82	17.43
	-0.33	12.19	30.82	42.44	23.91	49.77
	-0.08	2.77	7.00	10.78	6.08	12.65
Key metrics
	64.26	75.66	89.95	99.25	69.99	97.19
	7.05%	8.50%	9.70%	10.20%	7.70%	12.40%
	-0.04%	1.40%	3.30%	4.30%	2.60%	6.30%
	—	2.70%	6.00%	—	—	—
	0.70%	-4.10%	-5.30%	6.80%	16.60%	—
	-101.18%	-60.40%	-27.40%	77.50%	-52.00%	—
	—	-102.30	-57.73	—	—	—
	—	3.11	2.27	—	—	—
	—	0.11	0.08	—	—	—
	—	11.60	-62.70	—	—	—
	—	47.0	31.3	—	—	—
Balance sheet
	—	1,132	1,049	—	—	—
	—	358.27	366.97	—	—	—
	—	80.27	123.16	—	—	—
	—	70.28	47.15	—	—	—
	—	172.09	158.19	—	—	—
	—	30.66	28.06	—	—	—
	—	389.78	368.35	—	—	—
	—	128.11	126.12	—	—	—
	—	245.38	189.05	—	—	—
	—	91.87	60.46	—	—	—
	—	64.87	20.67	—	—	—
	—	27.00	39.79	—	—	—
	—	844.77	805.01	—	—	—
Cash flow
	—	37.97	70.06	—	—	—
	—	-134.08	-141.39	—	—	—
	—	48.91	179.93	—	—	—
	—	140.27	127.79	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -1.00%
Sales CAGR 5Y: —
Profit CAGR 3Y: -20.11%
Profit CAGR 5Y: —
Sales YoY (TTM): +0.70%
Profit YoY (TTM): -101.18%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -1.99%
Profit YoY (TTM): -151.53%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 21 Oct 2026

Promoter holding: 53.05%

Quarter	21 Oct 2026	September 2026	June 2026
Promoter %	53.05%	53.05%	51.72%

Holder	Type	Holding	Previous	Change
Meenakshi Gupta	Promoter	22.38%	22.38%	0.00%
Sameer Gupta	Promoter	21.33%	21.33%	0.00%
S Gupta Holding Private Limited	Promoter Group	5.65%	5.65%	0.00%
FRANKLIN INDIA SMALL CAP FUND	Public	4.39%	4.39%	0.00%
Kitara PIN 2401	Public	4.34%	4.34%	0.00%
MUKUL MAHAVIR AGRAWAL	Public	3.26%	3.26%	0.00%
Dhruv Gupta	Promoter Group	3.04%	3.04%	0.00%
ACE INFRACITY DEVELOPERS PRIVATE LIMITED	Public	2.13%	2.13%	0.00%
OHANA INDIA GROWTH FUND	Public	2.12%	2.12%	0.00%
AMICORP CAPITAL (MAURITIUS) LIMITED	Public	1.89%	1.89%	0.00%
SAHIL GUPTA	Public	1.09%	1.09%	0.00%
Aditya Gupta	Promoter Group	0.65%	0.65%	0.00%
Sanjay Gupta	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Supreme Industries Ltd.	42,577	3,351.80	37.68	18.30%	+16.64% TTM	+33.27% TTM	-13.77%
ASTRAL LIMITED	38,256	1,424.00	66.45	18.40%	+16.79% TTM	+20.29% TTM	-2.97%
GARWARE HI-TECH FILMS LIMITED	17,529	7,545.05	36.78	16.70%	+14.67% TTM	+36.19% TTM	+121.92%
Kingfa Science & Technology (India) Ltd S	9,220	6,803.45	40.85	17.90%	+24.13% TTM	+46.94% TTM	+49.40%
Finolex Industries Ltd.	8,932	143.95	14.72	12.10%	+2.80% TTM	+26.35% TTM	-23.65%
Time Technoplast Limited	8,458	171.35	16.99	15.80%	+15.51% TTM	+21.29% TTM	-18.81%
Prince Pipes and Fittings Limited S	3,293	297.80	24.35	6.20%	+15.42% TTM	+482.68% TTM	-7.67%
APOLLO PIPES LIMITED	2,273	516.00	-162.60	2.10%	-1.99% TTM	-151.53% TTM	+71.80%
Jain Irrigation Systems Ltd.	2,044	28.61	-30.83	6.60%	+6.88% TTM	-223.97% TTM	-42.56%
Jai Corp Limited	1,578	89.90	16.93	12.70%	+2.39% TTM	-40.65% TTM	-46.22%
Premier Polyfilm Ltd. S	957	91.39	26.04	28.50%	+27.78% TTM	+39.95% TTM	+117.39%
R M DRIP AND SPRINKLERS SYSTEMS LIMITED	749	17.50	21.37	33.60%	—	—	-62.59%
MANIKA PLASTECH LIMITED	571	48.97	—	—	+7.25% FY26	+15.88% FY26	—
Prakash Pipes Limited S	527	220.50	10.68	12.60%	+6.12% TTM	-27.41% TTM	-23.49%
Dhabriya Polywood Limited	497	458.95	15.30	28.90%	+13.50% TTM	+62.95% TTM	+19.01%
Shish Industries Limited	497	11.77	144.92	5.90%	+8.28% TTM	-42.03% TTM	+38.47%
CAPTAIN POLYPLAST LIMITED	367	61.04	12.94	21.50%	+42.98% TTM	+39.19% TTM	-22.50%
Kaka Industries Limited S	283	207.00	15.07	23.40%	—	—	-7.11%
Kriti Industries (India) Ltd.	269	50.98	-32.21	6.70%	-22.13% TTM	+23.04% TTM	-55.44%
Kisan Mouldings Ltd.	255	21.33	-14.72	-2.10%	+3.26% TTM	-4,657.89% TTM	-28.40%
Ecoplast Ltd.	217	457.05	21.57	13.50%	+69.70% TTM	+22.63% TTM	-11.99%
JUJHAR LOGISTICS LIMITED	190	205.90	14.68	13.10%	+631.29% TTM	+1,780.00% TTM	+255.06%
Hindustan Adhesives Ltd.	190	370.40	8.70	18.30%	-6.31% TTM	+28.10% TTM	+23.10%
Tainwala Chemicals & Plastics Ltd S	181	192.95	23.62	7.10%	-17.22% TTM	+3.51% TTM	-4.03%
B. D. Industries (Pune) Limited	164	115.45	—	21.10%	—	—	+6.41%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Upgrade in Credit Ratings of the Company31 Oct 2026 · Company Update / Credit Rating
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Call Schedule (Group Meet)29 Oct 2026 · Company Update / Analyst / Investor Meet
Apollo Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited financial Results (Standalone ....29 Oct 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for KITARA PIIN 2401 & Others22 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Allotment of 20,00,000 equity shares pursuant to conversion of warrants issued on preferential basis.17 Oct 2026 · Company Update / Allotment of Equity Shares
Certificate under Regulation 74(5) of SEBI(Depositories and Participants) Regulations 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Postal Ballot Results and Scrutinizer''s Report1 Oct 2026 · AGM/EGM / Postal Ballot
Outcome of Postal Ballot1 Oct 2026 · AGM/EGM / Postal Ballot
The trading window for Dealing in the Equity Shares of the company shall remain closed from October 1, 2026 till the expiry of 48 hours after the decleration of financial result of the ....26 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Apollo Pipes enters Ceramic tiles sector through Mazzini Tiles18 Sep 2026 · Company Update / Press Release / Media Release
Acquisition of controlling interest in Mazzini Tiles LLP by a Subsidiary of the Company.18 Sep 2026 · Company Update / Acquisition
Submission of copy of Newspaper Advertisement.18 Sep 2026 · Company Update / Newspaper Publication
Incorporation of a Wholly Owned Subsidiary17 Sep 2026 · Company Update / General
Corrigendum to the Postal Ballot Notice dated August 31, 202617 Sep 2026 · AGM/EGM / Postal Ballot
Upgrade in Credit Rating of the Company.16 Sep 2026 · Company Update / Credit Rating
Newspaper Advertisement of Completion of Dispatch of Notice of Postal Ballot.1 Sep 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot31 Aug 2026 · AGM/EGM / Postal Ballot
Outcome of the Board Meeting held on August 31, 2026-Preferential Issue31 Aug 2026 · Company Update / Preferential Issue
Outcome of Board Meeting held on August 31, 2026.31 Aug 2026 · Board Meeting / Outcome of Board Meeting
Apollo Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/08/2026 ,inter alia, to consider and approve a proposal for raising of funds ....25 Aug 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for S Gupta Holding Pvt Ltd & Others7 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Appointment of Mr. Sanjay Gupta as Director(Non-Executive, Non-Independent Category) and Chairman of the Company4 Aug 2026 · Company Update / Change in Management
Scrutinizer''s Report on the vote cast through remote e-voting & e-voting for 40th Annual General Meeting4 Aug 2026 · AGM/EGM / AGM
Summary of Proceedings, Voting Results and Scrutinizer''s Report of the 40th Annual General Meeting4 Aug 2026 · AGM/EGM / AGM
Notice to Shareholder in respect of transfer of Equity Share of the Company to the IEPF.3 Aug 2026 · Company Update / Newspaper Publication
Transcript of the Conference Call held on Friday 31st July, 2026.3 Aug 2026 · Company Update / Earnings Call Transcript
Audio Recording of the Conference Call held on July 31, 2026.31 Jul 2026 · Company Update / Analyst / Investor Meet
Newspaper Advertisement of the unaudited Financial results for the Quarter Ended June 30, 2026.31 Jul 2026 · Company Update / Newspaper Publication
Monitoring Agency Report for the quarter ended June 30, 202630 Jul 2026 · Company Update / Monitoring Agency Report
Press Release30 Jul 2026 · Company Update / Press Release / Media Release
Investor Presentation30 Jul 2026 · Company Update / Investor Presentation
Financial Results for the quarter ended June 30, 202630 Jul 2026 · Result / Financial Results
Outcome of Board Meeting held on July 30, 202630 Jul 2026 · Board Meeting / Outcome of Board Meeting
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Call Schedule (Group Meet)28 Jul 2026 · Company Update / Analyst / Investor Meet
Apollo Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve the unaudited Financial Results ....23 Jul 2026 · Board Meeting / Board Meeting
Newspaper Advertisement regarding completion of despatch of Notice of 40th AGM of the Company.11 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the Financial Year 2025-26.10 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for the Financial Year 2025-26.10 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of 40th Annual General Meeting of the Company.10 Jul 2026 · AGM/EGM / AGM
Newspaper Advertisement regarding pre-dispatch intimation of Notice of 40th Annual General Meeting of the Company.8 Jul 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.7000	17 Jul 2026	17 Jul 2026	—
Final Dividend - Rs. - 0.7000	4 Sep 2025	5 Sep 2025	—
Final Dividend - Rs. - 1.0000	17 Sep 2024	18 Sep 2024	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
30 Jul 2026 Board Meeting - Financial Results