Apollo Pipes Limited

Capital Goods · Industrial Products

NSE: APOLLOPIPE BSE: 531761

₹507.85

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #84 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
Apollo Pipes Limited (this stock)	2,237	—	0.5%	48.0%	0.14%	38	70	29

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹2,249 Cr

EV / EBITDA

35.0x

EV / Sales

2.47x

Market cap / Sales

2.45x

Earnings yield

Data unavailable.

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 247 Cr, up 10.7% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	244	-6	-4	₹-1.0000
March 31, 2026	279	5	3	₹0.7300
Dec. 31, 2025	195	-2	-1	₹-0.2800
Sept. 30, 2025	194	5	2	₹0.4700
June 30, 2025	220	9	8	₹1.8400
March 31, 2025	240	13	9	₹
Dec. 31, 2024	245	8	6	₹1.3560
Sept. 30, 2024	201	6	4	₹1.0800
June 30, 2024	240	15	11	₹2.6310
March 31, 2024	246	15	7	₹1.6500
Dec. 31, 2023	222	12	9	₹2.3100
Sept. 30, 2023	249	18	13	₹3.2850
June 30, 2023	260	19	14	₹3.5400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	247	280	195	196	223	245	201	241	246	223	251	262	253
Operating revenue	244	279	195	194	220	245	201	240	246	222	249	260	252
Other income	2	1	1	2	3	0	1	1	0	1	1	1	1
Operating expenses	236	259	181	177	201	224	182	216	221	201	225	234	223
Operating profit	8	19	13	17	19	21	18	24	25	20	24	26	29
Operating profit margin	3.2%	6.9%	6.9%	8.9%	8.5%	8.6%	9.0%	10.1%	10.1%	9.1%	9.7%	10.1%	11.7%
Depreciation	14	14	14	13	11	10	9	8	8	8	7	7	8
Interest	2	2	2	2	2	3	3	2	1	1	1	2	2
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	-6	5	-2	5	9	8	6	15	15	12	18	19	20
Tax	-2	2	-0	3	1	2	2	4	9	3	5	5	5
Net profit	—	3	—	2	8	6	4	11	7	9	13	14	15
EPS	-1.00	0.73	-0.28	0.47	1.84	1.36	1.08	2.63	1.65	2.31	3.29	3.54	3.82
Net profit (TTM)	—	—	—	21	29	28	31	39	42	51	47	29	24
EPS (TTM)	-0.08	2.76	3.39	4.75	6.91	6.72	7.67	9.88	10.79	12.96	11.89	7.38	6.08

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	887	17	12
March 31, 2025	926	42	31
March 31, 2024	977	64	42
March 31, 2023	915	33	24

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-0.8%	11.2%	894^†	—	981^†	916^†	788^†	526^†	418^†	374^†	217^†	—
Operating revenue	-1.0%	11.4%	887	926	977	915	784^†	518^†	408^†	362^†	210^†	—
Other income	—	—	7^†	—	4^†	2^†	4^†	8^†	10^†	12^†	7^†	—
Operating expenses	—	—	819^†	—	882^†	846^†	691^†	444^†	362^†	323^†	—	—
Operating profit	0.3%	-1.5%	69^†	—	95^†	68^†	93^†	74^†	46^†	39^†	—	—
Operating profit margin	—	—	7.7%^†	—	9.8%^†	7.4%^†	11.9%^†	14.3%^†	11.3%^†	10.8%^†	—	—
Depreciation	—	—	51^†	—	30^†	28^†	26^†	18^†	13^†	10^†	—	—
Interest	—	—	7^†	—	5^†	9^†	4^†	4^†	6^†	6^†	—	—
Exceptional items, gain / (loss)	—	—	0^†	—	0^†	0^†	0^†	0^†	0^†	-2^†	0^†	0^†
Profit before tax	-19.4%	-22.4%	17	42	64	33	67^†	61^†	38^†	34^†	26^†	-0^†
Tax	—	—	5^†	—	22^†	9^†	17^†	16^†	9^†	10^†	—	—
Net profit	-20.1%	-22.8%	12	31	42	24	50^†	44^†	29^†	24^†	19^†	-0^†
EPS	-23.1%	-39.5%	2.76^†	—	10.79^†	6.08^†	24.24^†	33.93^†	21.72^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	7.7%^†	—	9.8%^†	7.4%^†	11.9%^†	14.3%^†	11.3%^†	10.8%^†	—	—
EBIT margin	2.7%^†	—	7.1%^†	4.5%^†	9.1%^†	12.6%^†	10.7%^†	11.0%^†	—	—
PBT margin	1.9%	4.6%	6.6%	3.6%	8.6%^†	11.7%^†	9.2%^†	9.4%^†	12.4%^†	—
Net margin	1.4%	3.3%	4.3%	2.6%	6.3%^†	8.6%^†	7.0%^†	6.6%^†	9.0%^†	—
Interest coverage	3.40x^†	—	13.70x^†	4.69x^†	16.67x^†	14.91x^†	7.22x^†	6.71x^†	—	—
Dividend payout	25.4%^†	—	5.6%^†	16.4%^†	0.0%^†	0.0%^†	0.0%^†	—	—	—
Earnings retention	74.6%^†	—	94.4%^†	83.6%^†	100.0%^†	100.0%^†	100.0%^†	—	—	—
Current ratio	1.46x	1.94x	—	—	—	—	—	—	—	—
Quick ratio	0.76x	1.10x	—	—	—	—	—	—	—	—
Debt to equity	0.11x	0.08x	—	—	—	—	—	—	—	—
Return on equity	1.4%	3.8%	—	—	—	—	—	—	—	—
Return on assets	1.1%	2.9%	—	—	—	—	—	—	—	—
Return on capital employed	2.7%^†	—	—	—	—	—	—	—	—	—
Asset turnover	0.78x	0.88x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	38	-134	49	140	-102
March 31, 2025	70	-141	180	128	-58
March 31, 2024	123	-214	76	99	24
March 31, 2023	69	-68	-8	71	-3
March 31, 2022	36	-37	-30	42	-5

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,132	845	801	65	27	358	245	80	390	172
March 31, 2025	1,049	805	761	21	40	367	189	123	368	158
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.