Apollo Pipes Share Price

Audio Recording of the Conference Call with investors and analysts held on November 06, 2026

• BSE India
• 4 days 2 hours ago

Submission of copy of Newspaper Publication

• BSE India
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<h3><span style="font-size:16px;"><strong>Plastic Products company Apollo Pipes announced Q2FY27 results</strong></span></h3> <p><strong>Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Revenue from Operations:</strong> Stood at Rs 30,964.01 lakh in Q2FY27, growing by 4.81% QoQ compared to Rs 29,543.49 lakh in Q1FY27 and increasing by 31.36% YoY from Rs 23,571.32 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Income:</strong> Reached Rs 31,778.65 lakh in Q2FY27, up 6.76% QoQ compared to Rs 29,765.46 lakh in Q1FY27 and up 31.83% YoY compared to Rs 24,106.65 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit Before Tax (PBT):</strong> Came in at Rs 68.38 lakh in Q2FY27, turning profitable QoQ from a loss before tax of Rs (1,263.66) lakh in Q1FY27, but declining by 83.38% YoY from Rs 411.38 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Net Profit for the Period:</strong> Recorded at Rs 63.09 lakh in Q2FY27, turning around from a net loss of Rs (1,111.49) lakh in Q1FY27, but down 54.50% YoY from Rs 138.66 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS stood at Rs 0.14 in Q2FY27, compared to Rs (2.52) in Q1FY27 and Rs 0.31 in Q2FY26.</li> </ul> <p><strong>Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Revenue from Operations:</strong> Reached Rs 25,298.06 lakh in Q2FY27, increasing by 3.54% QoQ from Rs 24,432.43 lakh in Q1FY27 and growing by 30.34% YoY from Rs 19,409.07 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Total Income:</strong> Stood at Rs 26,114.47 lakh in Q2FY27, up 5.93% QoQ from Rs 24,652.87 lakh in Q1FY27 and up 32.94% YoY compared to Rs 19,644.28 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Profit Before Tax (PBT):</strong> Came in at Rs 575.06 lakh in Q2FY27, turning around from a loss before tax of Rs (591.98) lakh in Q1FY27, and growing by 19.77% YoY from Rs 480.13 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Net Profit for the Period:</strong> Reached Rs 549.57 lakh in Q2FY27, turning profitable from a net loss of Rs (439.81) lakh in Q1FY27, and rising by 164.97% YoY from Rs 207.41 lakh in Q2FY26.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Earnings Per Share (EPS):</strong> Basic and Diluted EPS stood at Rs 1.25 in Q2FY27, compared to Rs (1.00) in Q1FY27 and Rs 0.47 in Q2FY26 (up 165.96% YoY).</li> </ul> <p><strong>Business Highlights</strong></p> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Corporate Restructuring & Acquisition:</strong> <ul> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Incorporation of Subsidiary:</strong> On September 17, 2026, the Company incorporated a wholly owned subsidiary, Apollo Ceramics Limited, with 100% shareholding.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Acquisition of Mazzini Tiles LLP:</strong> On September 18, 2026, Apollo Ceramics Limited acquired a 76% controlling interest in Mazzini Tiles LLP for Rs 40.42 crore (Rs 4,042.18 lakh), resulting in goodwill on consolidation of Rs 1,436.22 lakh.</li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Amalgamation Scheme:</strong> The Board approved a Scheme of Arrangement amongst Apollo Pipes Limited, Kisan Moulding Limited (subsidiary), and KML Tradelinks Private Limited (step-down subsidiary), which remains subject to approvals from Stock Exchanges, NCLT, shareholders, and creditors.</li> </ul> </li> <li _ngcontent-ng-c3650119362=""><strong _ngcontent-ng-c3650119362="">Warrant Consideration:</strong> The Company previously allotted 20,00,000 warrants at Rs 550/- per warrant (aggregating to Rs 110.00 crore), receiving Rs 27.50 crore as 25% application money; the balance consideration of Rs 82.50 crore was received on October 16, 2026.</li> </ul> <p><strong>Sameer Gupta, Chairman cum Managing Director, Apollo Pipes (APL) said: </strong>“Q2FY27 saw a gradual improvement in market conditions as polymer price volatility moderated from the levels witnessed in the first quarter. While geopolitical uncertainties in West Asia continued to influence raw material prices, government measures, including the introduction of a Minimum Import Price (MIP) on suspension-grade PVC resin and the withdrawal of the customs duty exemption, provided support to the domestic market.</p> <p>Our entry into ceramic tiles through Mazzini Tiles is a considered extension of the Group’s building materials journey. Mazzini brings an operating base in Morbi, modern manufacturing capability, an established domestic network and a growing export presence. This gives us a strong starting platform in an attractive category.</p> <p>Our priorities for the H2FY27 are clear: accelerate volume growth, strengthen our product mix and improve profitability, while maintaining financial discipline. We expect an improvement in business momentum supported by a gradual recovery in demand and greater stability in PVC prices.</p> <p>We remain focused on strengthening Apollo Pipes’ position across Home Plumbing and Bath Fittings through product innovation, consistent quality and closer engagement with our channel partners. The company has a robust pipeline of new and value-added products and is confident of delivering an improved performance in the coming year and creating long term value for all stakeholders. We are on track to expand our annual capacity to 288,000 Ton in the next 2 years from current 2,40,000 Ton. We remain committed to fund business expansion from internal cashflow generation without leveraging balance sheet.”</p> <p><a class="lb" href="/get-document/post/pdf/5933082/" target="_blank">Result PDF</a></p>

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