Apollo Pipes

Noida, India Founded: 1985 • Age: 41 yrs Listed
Manufacturer of PVC pipes, fittings, and bathroom fixtures

About Apollo Pipes

Apollo Pipes is a publicly listed company based in Noida (India) founded in 1985. Manufacturer of PVC pipes, fittings, and bathroom fixtures. The company has 709 employees. Apollo Pipes has completed 1 acquisition, including Kisan Mouldings. Its website apollopipes.com draws about 21 thousand monthly visits. Its Indian entity Apollo Pipes Limited reported revenue of β‚Ή1,115 Cr. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Pipes & Plumbing. Its competitors include Astral Poly Technik, Vectus and Ashirvad; 1 of its 3 listed competitors has raised funding.

Company details

Founded in 1985 and headquartered in Noida, India, operations focus on the manufacturing sector for plumbing, agriculture, and sewerage applications. A range of products including CPVC, uPVC, PPR-C, and HDPE pipes, along with fittings, water tanks, faucets, showers, and cisterns, is produced. Emphasis is placed on durability and affordability in the product designs, serving domestic markets.

  • Headquarters Noida, India
  • Employees 709
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website apollopipes.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Apollo Pipes Ltd.
Key Metrics
  • Market Cap
    ₹2,252 Cr

    APOLLOPIPE · NSE

  • Share Price
    ₹484.95

    -0.83% today

  • Revenue
    ₹1,105 Cr

    FY 2025-26 · -6.5% YoY

  • EBITDA
    ₹67.16 Cr

    Margin 6.1%

  • Net Profit
    −₹7.07 Cr

    FY 2025-26 · -123.1% YoY

  • ROE
    -1.2%

    ROCE 1.3%

  • Debt / Equity
    0.13

    Interest cover 107.9x

  • Employee Count
    709
  • Investments & Acquisitions

Apps and channels of Apollo Pipes

its YouTube channel Apollo Pipes Limited has 3.44K subscribers and 30 videos.

Apollo Pipes Limited
YouTube 3.44K subscribers 30 videos Howto & Style
Open channel

Videos from Apollo Pipes

The most watched videos on Apollo Pipes's YouTube channel, Apollo Pipes Limited (3.44K subscribers). Click a video to play it here.

APL Apollo CPVC Pipes x Amitabh Bachchan 30 SEC
7.5M views
APL Apollo CPVC Pipes x Amitabh Bachchan 15 SEC
4.6M views
APLAPOLLO GERMS FILM 45 SEC Marathi
4.6M views
APOLLO WATER TANK 60 SEC MARATHI
571.5K views

More on Apollo Pipes Limited.

Board of directors of Apollo Pipes Limited (Apollo Pipes)

Apollo Pipes Limited is the primary company behind Apollo Pipes. The board of Apollo Pipes Limited currently have 8 directors; the longest-serving is Sameer Gupta, appointed in 1999. 27 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sameer Gupta
DIN 00005209
Managing Director16 Feb 199927 yrs 8 moApollo Pipes Limited
Sanjay Gupta
DIN 00233188
Director16 Jun 200818 yrs 4 moApollo Pipes Limited
Rajeev Kohli
DIN 01994387
Director31 Mar 201511 yrs 6 moApollo Pipes Limited
Rahul Jain
DIN 03124179
Director31 Mar 201511 yrs 6 moApollo Pipes Limited
Pradeep Kumar Jain
DIN 08063400
Director30 Jan 20188 yrs 8 moApollo Pipes Limited
Neeru Abrol
DIN 01279485
Director30 Jan 20188 yrs 8 moApollo Pipes Limited
Abhilash Lal
DIN 03203177
Director22 Mar 20206 yrs 7 moApollo Pipes Limited
Arun Agarwal
DIN 10067312
Managing Director14 Mar 20233 yrs 7 moApollo Pipes Limited

People of Apollo Pipes

13 people are tracked at Apollo Pipes (7 in leadership, 6 in team); the tracked headcount is 709.

NameRoleGroup
Managing Director & CSRLeadership
Deepak Bhutani
Deputy General Manager Finance & AccountsLeadership
Dwarika Nath Panda
Chief Operating OfficerLeadership
Virendra Verma
Head Of ProcurementLeadership
Rajesh Saha
Sr. General Manager- OperationsLeadership
Ajay Kumar Jain
Chief Financial OfficerLeadership
Sudhir Kumar Dubey
Head Of Quality AssuranceLeadership
Dinesh Goyal
Senior Manager PurchaseTeam
Upendra Singh
Senior Laravel DeveloperTeam
Deo Kumar Ojha
AccountantTeam
Shradha Shukla
Sr. Manager -marketing & BrandingTeam
Vikas Jaglan
Sr. Manager ITTeam
Manoj Kumar
Senior Executive Human ResourcesTeam
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Complete people profiles for Apollo Pipes

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Apollo Pipes

Apollo Pipes is a publicly listed company on the NSE with ticker symbol APOLLOPIPE in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date11 Nov 2019
  • Listed onNSE: APOLLOPIPE
  • Listed entityApollo Pipes Ltd.
  • Exchange sectorFinance
  • ISININE126J01016
  • Share price₹543.30 (+0.04% on the day) · 2026-10-14
  • Market capitalisation₹2,389 Cr
  • Price to earnings51.0
  • EPS (diluted, trailing year)₹-2.10
  • Dividend yield0.13%
  • Volume (last session)63,829

Financials of Apollo Pipes

Exchange-reported figures of Apollo Pipes Limited, the listed company behind Apollo Pipes (NSE: APOLLOPIPE).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹1,105 Cr
-6.5% YoY
EBITDA
₹67.16 Cr
-30.7% YoY
Profit After Tax
−₹7.07 Cr
-123.1% YoY
Net Worth
₹819 Cr
+3.3% YoY
Total Assets
₹1,025 Cr
+4.6% YoY
Total Debt
₹124 Cr
+33.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2016-17FY 2015-16FY 2014-15
Income statement
Revenue1,1051,182987271236101
Revenue growth-6.5%+19.7%-+14.8%+134.6%-
EBITDA67.1696.8896.5532.1724.1318.16
EBITDA margin+6.1%+8.2%+9.8%+11.9%+10.2%+18.0%
Profit before tax9.6145.4364.8224.0115.3922.98
Net profit(7.07)30.5542.307.895.008.59
Net profit margin-0.6%+2.6%+4.3%+2.9%+2.1%+8.5%
EPS (β‚Ή)1.707.4110.8415.8210.0211.63
Balance sheet
Total assets1,02598074391.1889.3890.28
Net worth81979357436.8928.9823.97
Total debt12492.8068.8220.2034.1645.02
Cash & bank83.8813856.011.311.952.94
Net working capital22125411441.6234.0742.51
Cash flow
Cash from operations35.1928.6712516.3921.676.69
Cash from investing(134)(151)(214)(8.87)(12.10)(39.51)
Cash from financing44.88205(63.69)(8.15)(10.57)35.72
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295347247236275315308250
Revenue growth (YoY)+7.4%+10.2%-19.7%-5.9%-10.9%---
Other income2.221.490.575.353.003.360.280.64
EBITDA3.0418.0412.0115.7620.6724.0423.2819.40
EBITDA margin+1.0%+5.2%+4.9%+6.7%+7.5%+7.6%+7.6%+7.7%
Depreciation14.8715.0615.2114.5012.1212.2511.7810.58
Interest3.043.052.432.512.441.933.133.70
Profit before tax(12.65)1.42(5.06)4.109.1113.228.655.76
Tax(1.52)1.56(0.31)2.730.963.342.261.82
Net profit(11.13)(0.14)(4.75)1.378.159.886.393.94
EPS (β‚Ή)(2.52)(0.03)(1.08)0.311.852.241.450.95
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue887926977915784518408
Revenue growth-4.1%-5.3%+6.9%+16.6%+51.4%+27.0%-
EBITDA69.3686.3896.0768.5993.4974.4246.65
EBITDA margin+7.8%+9.3%+9.8%+7.5%+11.9%+14.4%+11.4%
Profit before tax17.1442.1764.4532.7367.2060.6637.72
Net profit4.7528.7042.1123.8650.0144.4628.49
Net profit margin+0.5%+3.1%+4.3%+2.6%+6.4%+8.6%+7.0%
EPS (β‚Ή)2.777.0010.786.0812.6533.9321.76
Balance sheet
Total assets941869638503446416398
Net worth845805574457405351307
Total debt92.3260.5361.5543.7238.7262.9490.13
Cash & bank81.8712920.4934.7741.8072.22128
Net working capital17819982.16176188177210
Cash flow
Cash from operations37.9770.0612368.7336.3220.8612.43
Cash from investing(134)(141)(214)(67.96)(36.75)(55.56)(52.07)
Cash from financing48.9118076.38(7.80)(29.99)(20.96)20.19
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue244279195194220240245201
Revenue growth (YoY)+11.1%+15.9%-20.4%-3.3%-8.4%---
Other income2.201.290.562.352.783.300.150.52
Total expenses236259181177201219224182
EBITDA7.8519.2913.4917.2218.6821.6821.0218.12
EBITDA margin+3.2%+6.9%+6.9%+8.9%+8.5%+9.0%+8.6%+9.0%
Depreciation13.6313.8313.8813.0810.6210.8310.369.09
Interest2.351.961.721.681.751.322.573.26
Profit before tax(5.93)4.79(1.55)4.819.0912.838.246.29
Tax(1.52)1.56(0.31)2.730.963.342.261.82

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue295347247236275315308250
Revenue growth (YoY)+7.4%+10.2%-19.7%-5.9%-10.9%---
Other income2.221.490.575.353.003.360.280.64
EBITDA3.0418.0412.0115.7620.6724.0423.2819.40
EBITDA margin+1.0%+5.2%+4.9%+6.7%+7.5%+7.6%+7.6%+7.7%
Depreciation14.8715.0615.2114.5012.1212.2511.7810.58
Interest3.043.052.432.512.441.933.133.70
Profit before tax(12.65)1.42(5.06)4.109.1113.228.655.76
Tax(1.52)1.56(0.31)2.730.963.342.261.82
Net profit(11.13)(0.14)(4.75)1.378.159.886.393.94
EPS (β‚Ή)(2.52)(0.03)(1.08)0.311.852.241.450.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2016-17FY 2015-16FY 2014-15
Revenue1,1051,182987271236101
Revenue growth-6.5%+19.7%-+14.8%+134.6%-
Other income10.425.273.900.080.079.76
Total expenses1,0381,08589023921282.50
Employee cost10192.8461.408.856.722.71
EBITDA67.1696.8896.5532.1724.1318.16
EBITDA margin+6.1%+8.2%+9.8%+11.9%+10.2%+18.0%
Depreciation56.8844.5329.864.684.092.10
Interest11.0912.195.773.564.722.84
Profit before tax9.6145.4364.8224.0115.3922.98
Tax4.9411.3422.008.375.451.10
Net profit(7.07)30.5542.307.895.008.59
Net profit margin-0.6%+2.6%+4.3%+2.9%+2.1%+8.5%
EPS (β‚Ή)1.707.4110.8415.8210.0211.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2016-17FY 2015-16FY 2014-15
Equity & liabilities
Share capital44.0544.0539.355.005.005.00
Reserves & surplus74574747031.8923.9818.97
Shareholders' funds (net worth)81979357436.8928.9823.97
Minority interest73.8787.280.0033.7325.9921.06
Secured loans12390.2261.4910.9113.3017.22
Unsecured loans0.512.587.339.2920.8627.80
Total debt12492.8068.8220.2034.1645.02
Total liabilities1,02598074391.1889.3890.28
Assets
Gross block88181871774.0365.2253.17
Net block57155549749.4945.2937.26
Capital work in progress89.7137.278.420.000.000.00
Investments68.4664.8651.580.300.300.30
Inventories24221319922.6813.7224.90
Sundry debtors10494.9879.5534.2129.5119.72
Cash & bank balances83.8813856.011.311.952.94
Loans & advances42.0444.8736.7111.423.9510.33
Total current assets47149137169.6249.1357.89
Total current liabilities25023725728.0015.0615.38
Net working capital22125411441.6234.0742.51
Total assets1,02598074391.1889.3890.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2016-17FY 2015-16FY 2014-15
Opening cash13854.582081.952.940.04
Net cash from operating activities35.1928.6712516.3921.676.69
Net cash from investing activities(134)(151)(214)(8.87)(12.10)(39.51)
Net cash from financing activities44.88205(63.69)(8.15)(10.57)35.72
Net change in cash(53.87)83.17(153)(0.64)(0.99)2.90
Closing cash83.8813856.011.311.952.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2016-17FY 2015-16FY 2014-15
Growth
Sales growth-6.5%+19.7%-+14.8%+134.6%-
EBITDA growth-30.7%+0.3%-+33.3%+32.9%-
PBT growth-78.9%-29.9%+170.0%+56.0%-33.0%+9997.0%
Net income growth-123.1%-27.8%-+57.8%-41.8%-
Revenue CAGR (3Y)+59.7%+71.1%+114.0%---
EBITDA CAGR (3Y)+27.8%+58.9%+74.5%---
Profitability & leverage
Net income margin+0.4%+2.9%+4.3%+5.8%+4.2%+21.7%
Return on capital employed+1.3%+7.1%+9.5%+45.6%+30.3%+9.1%
Return on net worth-1.2%+5.0%+7.5%+47.5%+37.5%+16.4%
Debt / equity0.130.120.120.831.501.88
Long-term debt / equity0.040.030.000.380.590.73
Interest cover107.8823.298.6512.9523.5517.68
Efficiency & per share
Fixed asset turnover1.301.541.383.893.991.89
Inventory turnover4.865.744.9714.9012.234.04
Debtors turnover11.1313.5412.418.519.595.10
EPS (β‚Ή)1.707.4110.8415.8210.0211.63
Dividend per share (β‚Ή)0.700.701.000.000.000.00
Book value per share (β‚Ή)179.23179.50129.3973.8157.9947.98
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue244279195194220240245201
Revenue growth (YoY)+11.1%+15.9%-20.4%-3.3%-8.4%---
Other income2.201.290.562.352.783.300.150.52
Total expenses236259181177201219224182
EBITDA7.8519.2913.4917.2218.6821.6821.0218.12
EBITDA margin+3.2%+6.9%+6.9%+8.9%+8.5%+9.0%+8.6%+9.0%
Depreciation13.6313.8313.8813.0810.6210.8310.369.09
Interest2.351.961.721.681.751.322.573.26
Profit before tax(5.93)4.79(1.55)4.819.0912.838.246.29
Tax(1.52)1.56(0.31)2.730.963.342.261.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue887926977915784518408
Revenue growth-4.1%-5.3%+6.9%+16.6%+51.4%+27.0%-
Other income6.984.793.901.963.798.4110.13
Total expenses818839881846691444361
Employee cost73.0764.5861.2751.7341.4129.2626.39
EBITDA69.3686.3896.0768.5993.4974.4246.65
EBITDA margin+7.8%+9.3%+9.8%+7.5%+11.9%+14.4%+11.4%
Depreciation51.4138.6129.7428.3925.7017.6312.70
Interest7.7910.395.789.434.384.546.36
Profit before tax17.1442.1764.4532.7367.2060.6637.72
Tax4.9411.3422.008.8217.4416.209.19
Net profit4.7528.7042.1123.8650.0144.4628.49
Net profit margin+0.5%+3.1%+4.3%+2.6%+6.4%+8.6%+7.0%
EPS (β‚Ή)2.777.0010.786.0812.6533.9321.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital44.0544.0539.3539.3339.3313.1113.11
Reserves & surplus771759470416364338273
Shareholders' funds (net worth)845805574457405351307
Secured loans91.8760.4761.4943.6638.6662.8877.59
Unsecured loans0.450.060.060.060.060.0612.54
Total debt92.3260.5361.5543.7238.7262.9490.13
Total liabilities941869638503446416398
Assets
Gross block656588497404332291207
Net block421398345281236221154
Capital work in progress89.7137.278.425.597.067.7130.46
Investments22320617040.074.330.470.37
Inventories17215816017113278.2282.44
Sundry debtors70.2847.1552.1765.7570.5062.6959.40
Cash & bank balances81.8712920.4934.7741.8072.22128
Loans & advances34.0332.5524.8859.0240.8539.8222.58
Total current assets358367258330285253292
Total current liabilities18116817615596.8976.1781.92
Net working capital17819982.16176188177210
Total assets941869638503446416398
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12920.4934.7741.8072.22128147
Net cash from operating activities37.9770.0612368.7336.3220.8612.43
Net cash from investing activities(134)(141)(214)(67.96)(36.75)(55.56)(52.07)
Net cash from financing activities48.9118076.38(7.80)(29.99)(20.96)20.19
Net change in cash(47.21)109(14.28)(7.03)(30.42)(55.66)(19.45)
Closing cash81.8712920.4934.7741.8072.22128
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-4.1%-5.3%+6.9%+16.6%+51.4%+27.0%-
EBITDA growth-19.7%-10.1%+40.1%-26.6%+25.6%+59.5%-
PBT growth-59.4%-34.6%+96.9%-51.3%+10.8%+60.8%+11.2%
Net income growth-83.5%-31.9%+76.5%-52.3%+12.5%+56.1%-
Revenue CAGR (3Y)-1.0%+5.7%+23.6%+30.9%+29.4%+22.1%+19.2%
EBITDA CAGR (3Y)+0.4%-2.6%+8.9%+13.7%+35.5%+31.1%+15.0%
Profitability & leverage
Net income margin+1.4%+3.3%+4.3%+2.6%+6.4%+8.6%+7.0%
Return on capital employed+2.2%+7.0%+12.3%+8.9%+16.6%+16.0%+11.9%
Return on net worth+0.6%+4.5%+8.2%+5.5%+13.2%+13.5%+10.6%
Debt / equity0.090.090.100.100.130.230.38
Long-term debt / equity0.040.030.000.010.040.070.19
Interest cover43.4021.758.7123.466.467.9918.73
Efficiency & per share
Fixed asset turnover1.431.712.172.492.522.082.24
Inventory turnover5.375.815.906.057.476.456.06
Debtors turnover15.1118.6416.5713.4211.778.498.57
EPS (β‚Ή)2.777.0010.786.0812.6533.9321.76
Dividend per share (β‚Ή)0.700.701.000.601.000.000.00
Book value per share (β‚Ή)185.05182.28129.34115.77102.60268.10218.51

Investments & Acquisitions by Apollo Pipes

Apollo Pipes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kisan Mouldings.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
PVC products are manufactured and supplied from Mumbai, India.
kisangroup.comMumbai, India1982Mar 2024β€’β€’β€’β€’
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Timeline of Apollo Pipes

3 dated milestones of Apollo Pipes across 39 years, from founding to its latest funding, stage changes and deals.

  1. Founded Apollo Pipes is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Kisan Mouldings.

Competitors of Apollo Pipes

Apollo Pipes has 3 listed competitors in our database, 1 of them funded. They include Astral Poly Technik, Vectus and Ashirvad.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
astralpipes.com1999Ahmedabad, India3,330
PVC pipes are manufactured for plumbing and drainage applications.
vectus.in1989Noida, India$16.7M485
Vectus is recognized as a leading manufacturer of water storage solutions in India.
ashirvad.com1998Bengaluru, India2,649
PVC and CPVC piping systems are manufactured for plumbing applications.
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Web traffic of Apollo Pipes

The website of Apollo Pipes (apollopipes.com) receives about 21.2K visits a month.

  • Monthly visits
    21.2K

    ▲ 32.6% vs previous month

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  • 14 similar websites
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Top companies in Building Materials

3 companies that operate in the same segment as Apollo Pipes (Building Materials) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, IndiaUSD 1.44 B11,790
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, IndiaUSD 3.79 B33,600
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, India
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Related news about Apollo Pipes

Apollo Pipes: Subsidiary Apollo Ceramics Purchases 76% Stake In Mazzini Tiles.
Exchange Update β€’ 1 month ago
Apollo Pipes: Subsidiary Acquires 76% Stake in Mazzini Tiles for ₹40.42 Crore
Exchange Update β€’ 1 month ago
Apollo Pipes: Company Starts Apollo Ceramics Limited, A Fully Owned Subsidiary.
Exchange Update β€’ 1 month ago
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Frequently Asked Questions about Apollo Pipes

Apollo Pipes was founded in 1985.

Apollo Pipes is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Apollo Pipes has 709 employees.

The primary company behind Apollo Pipes, Apollo Pipes Limited, reported revenue of β‚Ή1,115 Cr for FY 2026, down 6% year on year.

Founded in 1985 and headquartered in Noida, India, operations focus on the manufacturing sector for plumbing, agriculture, and sewerage applications. A range of products including CPVC, uPVC, PPR-C, and HDPE pipes, along with fittings, water tanks, faucets, showers, and cisterns, is produced. Emphasis is placed on durability and affordability in the product designs, serving domestic markets.

Apollo Pipes's top competitors include Vectus, Astral Poly Technik and Ashirvad.

Yes, Apollo Pipes is publicly traded on NSE under the ticker symbol APOLLOPIPE.

Apollo Pipes has made 1 acquisition, including Kisan Mouldings.

Apollo Pipes operates through Apollo Pipes Limited.

The legal entities of Apollo Pipes currently have 10 directors, including Sameer Gupta, Sanjay Gupta, Rajeev Kohli and others.

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