Apollo Pipes Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
APOLLOPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Pipes Limited reported standalone revenue of Rs. 8,874 crore for FY26, down from Rs. 9,257 crore in FY25, representing a revenue decline of approximately 4.1%. Standalone net profit dropped significantly to Rs. 1,219 lakh from Rs. 3,082 lakh in the previous year. Consolidated net profit fell to Rs. 466 lakh from Rs. 3,409 lakh. The Board approved a dividend of Rs. 0.70 per share (7% on face value). Key leadership changes include appointment of Sanjay Gupta as Non-Executive Chairman (w.e.f. May 8, 2026) and resignation of Ashok Kumar Gupta. The company also introduced a Stock Appreciation Rights Scheme 2026 with 25 lakh units. Auditors provided unmodified (clean) opinion on both standalone and consolidated results.
The significant decline in profitability despite relatively stable revenue signals margin compression and potential cost pressures. The clean audit opinion provides some comfort, but shareholders should monitor the company's cost structure and revenue growth trajectory going forward.