Apollo Pipes Ltd
Apollo Pipes is engaged in manufacturing and trading of cPVC, uPVC, and HDPE pipes, PVC taps, fittings, water storage tank and solvent etc. It is among the top 10 leading piping solution providing Company in India. The products cater to an array of industrial applications such as Agriculture, Water Management, Construction,Infrastructure,and Telecom ducting segments.
- Market Cap ₹ 1,997 Cr.
- Current Price ₹ 483
- High / Low ₹ 799 / 472
- Stock P/E 64.5
- Book Value ₹ 164
- Dividend Yield 0.21 %
- ROCE 13.0 %
- ROE 8.71 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 26.2 to 19.5 days.
- Company's median sales growth is 16.6% of last 10 years
- Company's working capital requirements have reduced from 49.1 days to 23.0 days
Cons
- Stock is trading at 2.95 times its book value
- Company has a low return on equity of 8.97% over last 3 years.
- Dividend payout has been low at 9.02% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -5.54%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Part of BSE SmallCap BSE Industrials BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 1 | 1 | 0 | 241 | 284 | 362 | 408 | 518 | 784 | 915 | 977 | 908 | |
0 | 0 | 0 | 0 | 210 | 251 | 323 | 361 | 444 | 690 | 846 | 881 | 821 | |
Operating Profit | 1 | 1 | 1 | -0 | 31 | 33 | 39 | 47 | 74 | 94 | 69 | 96 | 87 |
OPM % | 78% | 77% | 86% | 13% | 12% | 11% | 11% | 14% | 12% | 8% | 10% | 10% | |
0 | 0 | 0 | 0 | 2 | 8 | 10 | 10 | 8 | 3 | 2 | 4 | 3 | |
Interest | 0 | 0 | 0 | 0 | 4 | 3 | 6 | 6 | 5 | 4 | 9 | 6 | 8 |
Depreciation | 0 | 0 | 0 | 0 | 5 | 7 | 10 | 13 | 18 | 26 | 28 | 30 | 33 |
Profit before tax | 1 | 1 | 0 | -0 | 24 | 31 | 34 | 38 | 61 | 67 | 33 | 64 | 49 |
Tax % | 32% | 34% | 29% | 22% | 35% | 29% | 29% | 24% | 27% | 26% | 27% | 34% | |
0 | 0 | 0 | -0 | 16 | 22 | 24 | 29 | 44 | 50 | 24 | 42 | 31 | |
EPS in Rs | 0.24 | 0.24 | 0.14 | -0.07 | 10.46 | 6.66 | 6.65 | 7.26 | 11.32 | 12.65 | 6.08 | 10.78 | 7.68 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 0% | 0% | 8% | 10% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 105% |
5 Years: | 22% |
3 Years: | 24% |
TTM: | -9% |
Compounded Profit Growth | |
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10 Years: | 61% |
5 Years: | 11% |
3 Years: | -2% |
TTM: | -34% |
Stock Price CAGR | |
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10 Years: | 29% |
5 Years: | 32% |
3 Years: | -6% |
1 Year: | -30% |
Return on Equity | |
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10 Years: | 12% |
5 Years: | 10% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
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Equity Capital | 5 | 5 | 5 | 5 | 11 | 11 | 12 | 13 | 13 | 39 | 39 | 39 | 41 |
Reserves | 4 | 4 | 5 | 4 | 80 | 102 | 181 | 273 | 338 | 366 | 418 | 470 | 636 |
0 | 0 | 0 | 0 | 20 | 238 | 112 | 90 | 63 | 39 | 44 | 62 | 116 | |
0 | 0 | 0 | 0 | 30 | 49 | 85 | 106 | 80 | 100 | 161 | 253 | 167 | |
Total Liabilities | 9 | 10 | 10 | 10 | 142 | 401 | 391 | 482 | 494 | 544 | 662 | 824 | 960 |
0 | 0 | 0 | 0 | 70 | 79 | 117 | 154 | 221 | 236 | 281 | 345 | 355 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 15 | 12 | 30 | 8 | 7 | 6 | 8 | 41 |
Investments | 0 | 0 | 10 | 10 | 0 | 1 | 0 | 0 | 0 | 4 | 40 | 170 | 183 |
9 | 10 | 0 | 0 | 72 | 307 | 262 | 297 | 265 | 296 | 336 | 300 | 381 | |
Total Assets | 9 | 10 | 10 | 10 | 142 | 401 | 391 | 482 | 494 | 544 | 662 | 824 | 960 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 10 | -0 | 24 | 15 | 26 | 12 | 21 | 36 | 69 | 123 | |
0 | 0 | -10 | 0 | -9 | -27 | -44 | -52 | -56 | -37 | -68 | -214 | |
0 | 0 | 0 | 0 | -15 | 215 | -39 | 20 | -21 | -30 | -8 | 76 | |
Net Cash Flow | 0 | 0 | -0 | 0 | -0 | 203 | -57 | -19 | -56 | -30 | -7 | -14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 52 | 49 | 36 | 53 | 44 | 33 | 26 | 19 | |
Inventory Days | 47 | 80 | 73 | 104 | 79 | 84 | 90 | 83 | ||||
Days Payable | 39 | 70 | 50 | 86 | 49 | 35 | 59 | 60 | ||||
Cash Conversion Cycle | 0 | 0 | 0 | 60 | 59 | 59 | 71 | 74 | 82 | 57 | 42 | |
Working Capital Days | -59 | -85 | -62 | 57 | -39 | 43 | 63 | 74 | 68 | 56 | 23 | |
ROCE % | 6% | 6% | 7% | -1% | 45% | 15% | 13% | 13% | 16% | 17% | 9% | 13% |
Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
8 Nov - Disclosure of substantial acquisition of shares by Meenakshi Gupta.
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Announcement under Regulation 30 (LODR)-Allotment
6 Nov - Approval of allotment of 26,95,000 equity shares.
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Rectification Of The Typographical Error
4 Nov - Rectification of typographical error in financial results.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 Oct - Submission of Q2 FY25 earnings call transcript.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Oct - Audio link for Q2 FY2025 financial results call.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Oct 2021TranscriptPPT
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Oct 2020Transcript PPT
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Aug 2020Transcript PPT
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May 2020TranscriptNotesPPT
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Nov 2019Transcript PPT
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Jun 2019Transcript PPT
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May 2019TranscriptNotesPPT
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Feb 2019Transcript PPT
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Dec 2018TranscriptNotesPPT
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Leadership[1]
Among the Top 10 leading PVC pipe manufactures in India.