Apollo Pipes News, Corporate filings and Earnings/Conference Calls

Plastic Products company Apollo Pipes announced Q1FY26 results Sales volume decreased 3% QoQ to 25,315 Ton. Revenue decreased 13% QoQ to Rs 2.8 billion. EBITDA decreased 14% QoQ to Rs 207 million. PAT decreased 17% QoQ to Rs 81 million. Sameer Gupta, Chairman & Managing Director, Apollo Pipes (APL) said: “The company has sailed through a tough quarter for the construction material industry, impacted by macroeconomic environment, geopolitical tension, USA tariff uncertainty and slowdown in government spending. Our Home Plumbing and Bath Fittings industry faced significant challenges due to weak PVC resin prices and weak retail demand. The early onset of monsoon season has affected both of our businesses - home plumbing and agricultural piping. Going forward the Company expects good demand backed by pickup in construction activities and improved government spending for infrastructure projects. The company has a robust pipeline of new products, and we are on track to expand our annual capacity to 286,000 Ton in the next 2 years from current 2,25,500 Ton. We remain committed to fund business expansion from cashflow generation without leveraging balance sheet.” Result PDF

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Apollo Pipes News, Corporate filings and Earnings/Conference Calls

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