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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
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37 announcements match the current filters (relevance ≥ 5).
Apollo Pipes Recommends ₹0.70 Dividend; FY26 Net Profit Drops 86% to ₹4.66 Crore
Apollo Pipes reported a significant decline in financial performance for FY26, with consolidated net profit falling 86.3% to ₹4.66 crore from ₹34.09 crore in the previous year. Revenue from operations also decreased slightly to ₹1,104.92 crore. Despite the profit slump, the board recommended a final dividend of ₹0.70 per share. The company also announced a leadership transition with Mr. Sanjay Gupta appointed as Chairman and the introduction of a new Stock Appreciation Rights (SAR) scheme for employees.
Key Highlights
Recommended a final dividend of ₹0.70 per equity share (7% of face value) for FY26.
Consolidated Net Profit plummeted 86.3% YoY to ₹4.66 crore from ₹34.09 crore.
Revenue from operations declined to ₹1,104.92 crore in FY26 compared to ₹1,181.64 crore in FY25.
Management transition: Mr. Sanjay Gupta appointed as Chairman; Mr. Sameer Gupta continues as Managing Director.
Approved 'SAR Scheme 2026' with a pool of 25,00,000 units to incentivize employees across the group.
👀 What to Watch
Investors should exercise caution as the sharp decline in profitability and EPS (from ₹7.74 to ₹1.06) indicates significant margin pressure. Monitor the impact of the new leadership and the effectiveness of the SAR scheme in driving future performance.
Apollo Pipes FY26 Net Profit Plummets 86% to ₹4.66 Cr; ₹0.70 Dividend Declared
Apollo Pipes reported a weak financial performance for FY26, with consolidated net profit crashing 86% to ₹4.66 crore from ₹34.09 crore in FY25. The company faced severe margin pressure, resulting in a net loss of ₹12.80 lakhs in Q4 FY26 compared to a profit of ₹9.87 crore in the same quarter last year. Annual revenue also saw a 6.5% decline to ₹1,104.91 crore. Despite the profit drop, the board recommended a final dividend of ₹0.70 per share and announced a leadership transition with Mr. Sanjay Gupta taking over as Chairman.
Key Highlights
FY26 Consolidated Net Profit fell 86.3% YoY to ₹4.66 crore from ₹34.09 crore.
Q4 FY26 Revenue grew 10.2% YoY to ₹347 crore, yet the company slipped into a net loss of ₹12.80 lakhs.
Board recommended a final dividend of ₹0.70 per equity share (7% of face value).
Full-year revenue from operations decreased to ₹1,104.91 crore from ₹1,181.63 crore in FY25.
Management changes: Mr. Sanjay Gupta appointed as Chairman; SAR Scheme 2026 introduced with a 25 lakh share pool.
👀 What to Watch
The significant erosion in profitability and the Q4 loss are major red flags; investors should exercise caution and monitor management's strategy for margin recovery.
Apollo Pipes Q4FY26 Revenue Up 10% to ₹347 Cr; FY26 PAT Drops 77% Amid Margin Pressure
Apollo Pipes reported a recovery in Q4FY26 with revenue growing 10% YoY to ₹347 Cr and sales volumes increasing 21% to 31,366 MT. However, the full-year FY26 performance was weak, with PAT declining 77% to ₹7.5 Cr and EBITDA falling 31% to ₹66.5 Cr. The company has transitioned from a net cash position of ₹46 Cr to a net debt of ₹40 Cr following the acquisition of Kisan Mouldings. Despite bottom-line pressure, management is targeting 25%+ revenue growth in FY27, supported by a total capacity of 2,40,000 MTPA and new product launches.
Key Highlights
Q4FY26 sales volume grew 21% YoY to 31,366 MT, while revenue increased 10% to ₹347 Cr.
FY26 EBITDA margin contracted by 208 bps YoY to 6.0%, leading to a 77% drop in annual PAT to ₹7.5 Cr.
Manufacturing capacity expanded to 2,40,000 MTPA across 7 plants, including the 61.94% stake in Kisan Mouldings.
Net debt stood at ₹40 Cr as of March 2026, compared to a net cash position of ₹46 Cr in the previous year.
Management targets 25%+ revenue growth for FY27 with a focus on value-added products and pan-India expansion.
👀 What to Watch
Investors should monitor the company's ability to restore margins and successfully integrate the Kisan Mouldings acquisition. While volume growth is robust, the significant decline in profitability and shift to a debt position warrant a cautious outlook until earnings stabilize.
Apollo Pipes Q4FY26: Revenue Up 10% to ₹347 Cr; FY26 PAT Drops 77% to ₹7.5 Cr
Apollo Pipes reported a mixed performance for Q4FY26, with revenue growing 10% YoY to ₹347 Cr driven by a 21% increase in sales volume. However, the full-year FY26 results show significant pressure, with PAT declining 77% YoY to ₹7.5 Cr and EBITDA margins contracting by 208 bps to 6.0%. The company has transitioned from a net cash position of ₹46 Cr to a net debt of ₹40 Cr following the acquisition of Kisan Mouldings. Despite the annual profit slump, Q4 showed a sequential recovery, returning to a profit of ₹1.0 Cr from a loss in Q3FY26.
Key Highlights
Q4FY26 sales volume increased 21% YoY to 31,366 MT, while revenue rose 10% to ₹347 Cr.
Full-year FY26 PAT plummeted 77% to ₹7.5 Cr from ₹33 Cr in the previous fiscal year.
EBITDA margins for FY26 contracted to 6.0% compared to 8.1% in FY25.
Total manufacturing capacity reached 2,40,000 MT following the 61.94% stake acquisition in Kisan Mouldings.
Company targets 25%+ revenue growth in FY27 with a total capacity goal of 288,000 MT within two years.
👀 What to Watch
Investors should focus on the company's ability to restore margins and successfully integrate the Kisan Mouldings acquisition. While volume growth is robust, the significant decline in annual profitability and the shift to a net debt position warrant a cautious 'watch' approach until margin stability is evident.
Apollo Pipes FY26 Net Profit Drops 86% to ₹4.66 Cr; Announces ₹0.70 Dividend & New Chairman
Apollo Pipes reported a significant decline in financial performance for FY26, with consolidated net profit falling to ₹4.66 crore from ₹34.09 crore in FY25. Revenue from operations also saw a contraction, ending the year at ₹1,104.92 crore compared to ₹1,181.64 crore previously. Despite the profit slump, the board recommended a final dividend of ₹0.70 per share. In a major leadership shift, Mr. Sanjay Gupta has been appointed as the new Chairman, while the former Chairman, Mr. Sameer Gupta, will continue as Managing Director.
Key Highlights
Consolidated Net Profit for FY26 plummeted 86.3% YoY to ₹4.66 crore from ₹34.09 crore.
Annual Revenue from operations declined to ₹1,104.92 crore from ₹1,181.64 crore in FY25.
Recommended a final dividend of ₹0.70 per equity share (7% on face value of ₹10).
Mr. Sanjay Gupta appointed as Chairman effective May 08, 2026, succeeding Mr. Sameer Gupta.
Approved 'SAR Scheme 2026' with a pool of 25,00,000 units for employee stock appreciation rights.
👀 What to Watch
Investors should exercise caution as the sharp decline in profitability indicates significant margin pressure. Monitor the new leadership's strategy to revive growth and the impact of the new SAR scheme on equity dilution.
Apollo Pipes FY26 Net Profit Drops 77% to ₹7.49 Cr; Recommends ₹0.70 Dividend
Apollo Pipes reported a weak financial performance for FY26, with consolidated net profit attributable to owners falling sharply to ₹7.49 crore from ₹32.65 crore in FY25. Annual revenue also saw a decline of 6.5%, dropping to ₹1,105 crore, although Q4 FY26 revenue showed a slight year-on-year recovery. The board recommended a final dividend of ₹0.70 per share and announced a leadership shift with Mr. Sanjay Gupta becoming the new Chairman. To retain talent, the company introduced a new Stock Appreciation Rights (SAR) scheme involving up to 25 lakh equity shares.
Key Highlights
Consolidated Net Profit for FY26 plummeted 77% YoY to ₹748.61 Lakhs compared to ₹3,264.82 Lakhs in FY25.
Annual Revenue from operations decreased by 6.5% to ₹1,10,491.55 Lakhs from ₹1,18,163.54 Lakhs.
Recommended a final dividend of ₹0.70 per equity share (7% on Face Value of ₹10).
Management transition: Mr. Sanjay Gupta appointed as Chairman effective May 08, 2026, while Mr. Sameer Gupta continues as MD.
Approved 'SAR Scheme 2026' with a total pool of 25,00,000 units convertible into equity shares for employees.
👀 What to Watch
The significant erosion in profitability and margins is a major red flag despite the dividend payout. Investors should exercise caution and wait for signs of operational efficiency improvements under the new Chairman before making new commitments.
Apollo Pipes Commences Commercial Production at New Mirzapur Plant
Apollo Pipes Limited has officially commenced commercial production at its new manufacturing facility in Mirzapur, Uttar Pradesh, as of April 14, 2026. This strategic expansion, located near Varanasi, follows a series of planned developments first disclosed in May 2024. The plant is expected to significantly enhance the company's production capacity and market penetration in Northern India. This milestone marks the completion of a multi-year investment cycle aimed at scaling the company's piping and plumbing business.
Key Highlights
Commencement of commercial operations at the Mirzapur plant effective April 14, 2026.
Project execution follows a timeline of regulatory disclosures dating back to May 20, 2024.
Strategic location near Varanasi to optimize distribution and logistics in the Uttar Pradesh region.
The expansion is intended to cater to rising demand in the building materials and infrastructure sectors.
👀 What to Watch
Investors should monitor the plant's capacity utilization rates and its impact on volume growth in the upcoming quarterly financial results. The expansion strengthens the company's competitive position in the regional market.
Apollo Pipes Postpones Mirzapur Plant Commercial Production to Late April 2026
Apollo Pipes Limited has announced a further delay in the commencement of commercial operations at its new manufacturing facility in Mirzapur, Uttar Pradesh. The company now targets the end of April 2026 for production to begin, contingent upon achieving operational readiness. This announcement follows a series of previous timeline updates dating back to May 2024 and May 2025. Repeated delays in capacity expansion typically defer projected revenue growth and may impact the company's ability to capture market share in the North Indian region as originally planned.
Key Highlights
Commercial production at the Mirzapur (Varanasi) plant is now expected by the end of April 2026.
The project has undergone multiple timeline revisions with previous disclosures in May 2024, May 2025, and January 2026.
Commencement remains subject to final operational readiness at the Uttar Pradesh facility.
The delay impacts the company's strategic expansion plans for the high-demand North Indian market.
👀 What to Watch
Investors should monitor management's commentary in the upcoming quarterly earnings call to understand the specific bottlenecks causing recurring delays. The stock may face short-term pressure as growth triggers from the new capacity are pushed further into the future.
Apollo Pipes Appoints Parag Dadeech as Chief Operating Officer
Apollo Pipes has appointed Mr. Parag Dadeech as the Chief Operating Officer (COO) effective March 02, 2026. Mr. Dadeech is a seasoned professional with over 28 years of global experience in the manufacturing sector, specializing in operations and supply chain management. His academic credentials include a Master's in Chemical Engineering from the University of Tennessee and a certification from IIM Kolkata. This appointment is expected to strengthen the company's operational efficiency and strategic manufacturing initiatives.
Key Highlights
Appointment of Mr. Parag Dadeech as COO and Senior Management Personnel effective March 02, 2026
Brings over 28 years of global experience in manufacturing, operations, and international business
Holds a Master's degree in Chemical Engineering from the University of Tennessee and is a Lean Six Sigma Master Black Belt
Expertise includes Business Excellence, Global Supply Chain, and Capital Projects management
👀 What to Watch
Investors should view this as a positive step toward professionalizing management and improving operational scale. Monitor future quarterly results for improvements in manufacturing margins and supply chain efficiencies under the new leadership.
Apollo Pipes Increases Stake in Subsidiary Kisan Mouldings to 61.94% for Rs 9.8 Cr
Apollo Pipes Limited has increased its ownership in its subsidiary, Kisan Mouldings Limited (KML), by acquiring an additional 3.34% stake through a secondary purchase. The transaction, valued at approximately Rs 9.8 Crores, raises Apollo's total holding from 58.60% to 61.94%. KML is a key player in the PVC pipes and fittings industry, reporting a turnover of Rs 273.35 Crores for FY25. This strategic investment demonstrates Apollo Pipes' commitment to consolidating its position within its core business segment.
Key Highlights
Acquired an additional 3.34% equity stake in Kisan Mouldings Limited (KML) via secondary purchase
Total shareholding in the subsidiary increased from 58.60% to 61.94%
The acquisition was completed for a cash consideration of approximately Rs 9.8 Crores
Target entity KML reported a steady turnover of Rs 273.35 Crores in FY 2024-25
The move is classified as a strategic investment in the PVC Pipes & Fittings industry
👀 What to Watch
Investors should view this as a positive move to consolidate control over a significant subsidiary. Monitor how this increased ownership impacts consolidated earnings and operational synergies in the coming quarters.
Promoter Group Entity Acquires 1.18% Stake in Apollo Pipes for ₹76.65 Crore
S Gupta Holding Private Limited, a member of the promoter group, has acquired 5,25,000 equity shares of Apollo Pipes through a market purchase. The transaction, valued at approximately ₹76.65 crore, represents a 1.18% stake in the company. This significant acquisition by the promoter group is a strong signal of confidence in the company's valuation and future prospects. The trade was executed on February 13, 2026, and reported to the exchanges on February 19.
Key Highlights
Acquisition of 5,25,000 equity shares by promoter group entity S Gupta Holding Private Limited.
Total transaction value of ₹76.65 crore executed via market purchase.
The purchase represents a 1.18% stake in the company, increasing the entity's holding from nil to 1.18%.
Transaction executed at an approximate price of ₹1,460 per share on February 13, 2026.
👀 What to Watch
Promoter buying at market prices is typically a bullish sign for long-term investors. Consider this a positive reinforcement of the company's fundamentals and monitor for further insider activity.
Apollo Pipes Targets Strong Q4 Recovery; Varanasi Plant to Start in March 2026
Apollo Pipes reported flat sales volumes for 9M FY26 due to industry headwinds like PVC price volatility and weak Agri demand, though the housing segment grew by 10%. Management is optimistic about a strong Q4, targeting 32,000-35,000 tons to achieve high single-digit full-year growth. The company is expanding its footprint with the upcoming Varanasi plant and focusing on high-margin CPVC products through a Lubrizol tie-up. Despite elevated inventory levels of 80 days, the company remains committed to reaching a 2,86,000-ton capacity without adding debt.
Key Highlights
Targeting Q4 FY26 sales volume of 32,000-35,000 tons to reach ~107,000 tons for the full year.
Housing segment (60% of revenue) grew 10% Y-o-Y, offsetting declines in Agri and HDPE segments.
Varanasi plant on track to commence operations in March 2026 to strengthen Eastern India presence.
Incurred ₹125 crore CAPEX in 9M FY26 as part of a plan to reach 2,86,000 tons capacity in 2 years.
Inventory levels stood at 80 days in December 2025, with a target to reduce to 60 days by Q4 end.
👀 What to Watch
Investors should monitor the successful commissioning of the Varanasi plant and the management's ability to reduce inventory levels in Q4. The shift toward a 70-75% housing portfolio mix is a positive long-term strategy for margin improvement.
Apollo Pipes Q3 FY26: Revenue Drops 20% YoY to ₹247 Cr with a Net Loss of ₹3.3 Cr
Apollo Pipes reported a weak Q3 FY26, with revenue declining 20% YoY to ₹247.2 crore and a net loss of ₹3.3 crore compared to a profit of ₹6.2 crore in the previous year. EBITDA margins contracted significantly by 270 basis points YoY to 4.9%, driven by lower volumes and pricing pressures. Despite the poor quarterly performance, the company is expanding its capacity to 286,000 MTPA and has integrated Kisan Mouldings to drive long-term growth. Sales volumes showed a sequential recovery of 17% QoQ, though they remained 6% lower on a yearly basis.
Key Highlights
Revenue fell 20% YoY to ₹247.2 crore, while 9M FY26 revenue declined 13% to ₹757.9 crore
Reported a Net Loss of ₹3.3 crore in Q3 FY26 against a Net Profit of ₹6.2 crore in Q3 FY25
EBITDA margins shrunk to 4.9% from 7.6% YoY, with EBITDA falling 48% to ₹12.0 crore
Sales volume stood at 25,386 MT, a 6% YoY decline but a 17% sequential improvement
Company transitioned from a Net Cash position of ₹46 crore in FY25 to a Net Debt of ₹28 crore
👀 What to Watch
Investors should remain cautious due to the sharp margin erosion and the shift into a net loss position. Monitor the integration of Kisan Mouldings and the ramp-up of the new Varanasi plant for signs of operational recovery.
Apollo Pipes Q3FY26: Revenue Drops 20% YoY, Reports Net Loss of ₹3.3 Cr
Apollo Pipes reported a weak Q3FY26 performance with revenue declining 20% YoY to ₹247.2 Cr and a net loss of ₹3.3 Cr compared to a profit of ₹6.2 Cr in the previous year. EBITDA margins contracted significantly by 270bps YoY to 4.9% due to operational pressures and lower realizations. Despite the quarterly slump, sales volume showed a 17% QoQ recovery to 25,386 MT, indicating some sequential demand pick-up. The company is maintaining its long-term expansion target of 286,000 MT capacity within two years.
Key Highlights
Revenue fell 20% YoY to ₹247.2 Cr, while 9M FY26 revenue declined 13% to ₹757.9 Cr
Reported a Net Loss of ₹3.3 Cr in Q3FY26 against a profit of ₹6.2 Cr in Q3FY25
EBITDA margins shrunk to 4.9% from 7.6% YoY, with EBITDA falling 48% to ₹12.0 Cr
Sales volume stood at 25,386 MT, a 6% YoY decrease but a 17% sequential improvement
Net debt position shifted to ₹28 Cr from a net cash position of ₹46 Cr in FY25
👀 What to Watch
Investors should remain cautious as the company faces significant margin pressure and has slipped into a loss. Monitor the integration of Kisan Mouldings and the ramp-up of the new Varanasi plant for signs of operational recovery and margin expansion.
Apollo Pipes Reports Q3 FY26 Net Loss of ₹2.64 Cr; Revenue Declines 19.7% YoY
Apollo Pipes Limited reported a consolidated net loss of ₹2.64 crore for the quarter ended December 31, 2025, a significant decline from a profit of ₹5.21 crore in the previous year's corresponding quarter. Revenue from operations fell to ₹247.18 crore from ₹307.93 crore YoY, reflecting a challenging demand environment. The results were further weighed down by a ₹3.60 crore loss from its subsidiary, Kisan Moulding Limited, and a one-time provision of ₹1.27 crore for new labour codes. On a positive note, the company confirmed that its new Mirzapur manufacturing plant is expected to commence production by the end of FY26.
Key Highlights
Consolidated revenue from operations decreased 19.7% YoY to ₹247.18 crore in Q3 FY26.
Reported a consolidated net loss of ₹2.64 crore compared to a profit of ₹5.21 crore in Q3 FY25.
Subsidiary Kisan Moulding Limited reported a net loss of ₹3.60 crore for the quarter.
New manufacturing plant at Mirzapur, UP, is on track for commissioning by the end of FY26.
Recognized a provision of ₹1.27 crore towards incremental liability for new Labour Codes.
👀 What to Watch
Investors should monitor the company's ability to turnaround the Kisan Moulding subsidiary and the timely execution of the Mirzapur plant. The current swing to a loss and declining revenue suggest short-term pressure on the stock.
Apollo Pipes FY25 ESG Report: 40% Rise in Renewable Energy & 23% Volume Growth
Apollo Pipes demonstrated strong operational resilience in FY 2024-25, achieving 23% volume growth despite a 5% industry-wide contraction. The company's ESG report highlights a 40% increase in renewable energy usage and a 60% reduction in waste intensity since FY 2022-23. A significant ₹110 crore equity infusion from an Oman-based institutional investor has been secured to fund geographic expansion into South and East India. Additionally, the company maintained a zero-landfill status and reported zero fatalities, reinforcing its commitment to sustainable and safe operations.
Key Highlights
Renewable electricity consumption increased by 40% YoY, now accounting for 28.13% of total energy usage.
Achieved 23% volume growth in FY 2024-25 despite a challenging PVC resin price environment and sectoral headwinds.
Secured ₹110 crore equity infusion from an Oman-based institutional investor, with ₹27.5 crore already received.
Waste intensity reduced by 60% since FY 2022-23, with 100% of waste recycled or reused (zero landfill).
Invested ₹1.3 crore in R&D infrastructure at the Dadri plant to enhance sustainable material engineering.
👀 What to Watch
The company's ability to grow volumes and secure institutional capital during a sectoral downturn is a strong positive signal. Investors should monitor the execution of the Varanasi and South India expansion projects which are key to achieving pan-India brand status.
Apollo Pipes Q2 FY26 Net Profit Drops 65% YoY to ₹1.39 Crore; Revenue Down 6%
Apollo Pipes reported a weak performance for the quarter ended September 30, 2025, with consolidated revenue declining 5.9% YoY to ₹235.71 crore. Net profit witnessed a sharp contraction of 64.9% YoY, falling to ₹1.39 crore from ₹3.95 crore in the same period last year. The bottom line was significantly impacted by a 37% increase in depreciation and amortization costs, which rose to ₹14.50 crore. For the first half of FY26, net profit stands at ₹9.55 crore, down from ₹17.83 crore in H1 FY25.
Key Highlights
Consolidated Revenue from operations decreased 5.9% YoY to ₹235.71 crore in Q2 FY26.
Net Profit after tax plummeted by 64.9% YoY to ₹1.39 crore compared to ₹3.95 crore in Q2 FY25.
Depreciation and Amortization expenses increased significantly to ₹14.50 crore from ₹10.58 crore YoY.
H1 FY26 Net Profit declined to ₹9.55 crore from ₹17.83 crore in the previous year's corresponding period.
The company's subsidiary, Kisan Moulding Limited, reported a total revenue of ₹50.45 crore for the quarter.
👀 What to Watch
Investors should exercise caution as the company is experiencing significant margin pressure and a sharp decline in profitability. It is advisable to wait for signs of operational recovery and stabilization in input costs before considering fresh positions.
