Results
APOLLOPIPE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Pipes Limited reported weak FY2026 results with significant declines across key metrics. Consolidated revenue fell 6.5% to Rs 1,10,492 Lakhs from Rs 1,18,164 Lakhs in FY2025. Profit after tax (PAT) dropped sharply by 86% to Rs 466 Lakhs from Rs 3,409 Lakhs. Standalone revenue declined 4.1% to Rs 88,744 Lakhs with PAT down 60% to Rs 1,219 Lakhs. The auditors issued unmodified opinions on both standalone and consolidated results with no qualifications. The Board recommended a final dividend of Rs 0.70 per share (7% face value). Leadership changes include appointment of Mr. Sanjay Gupta as Chairman and resignation of Mr. Ashok Gupta from the Board.
The steep decline in profitability despite revenue contraction indicates significant margin pressure and operational challenges. The 86% PAT drop on consolidated basis is a major concern for investors. However, the company maintains strong cash position with Rs 8,387 Lakhs in cash and bank balances. The stock may face near-term selling pressure given the earnings miss.