In Week of Mar 28, 2026, Apollo Pipes Ltd (Building Materials - Plastic Pipes) is outperforming Nifty 500 with +54.1% relative strength. Fundamentals: Very Weak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Mar 14, 2026
What: New facility coming online with high-digit volume growth potential in FY27
Impact: +₹20 Cr revenue
“For FY '27, with Varanasi plant coming in, Kisan ramp-up and window profiles contributing to our revenue, we should be doing the high-digit double growth sales volume.”
What: Valasi plant targeting virgin market with incremental sales volume
Impact: +₹15 Cr revenue
“Our new plant in Valasi is on track and is expected to commence next month. This will significantly strengthen our presence in the eastern India market.”
What: Volume growth targeting 23-35% in Q4 after negative Q3 growth
Impact: +₹25 Cr revenue
“The strategy, what we adopted of like kind of more aggressive pricing in Quarter 3. That will also start showing results, right, within Quarter 4.”
Earnings deceleration risks from management commentary
Trigger: Continued price falls without anti-dumping measures
Impact: -200 bps margin impact
Management view: It was totally impacted because of that price fall and no anti-dumping coming into the [market]'}, {
Monitor: Volume growth trends
Key quotes from recent conference calls
“For Q4, we are targeting volume of 32,000-35,000 tons. And if we are able to achieve that, so we shall be closing the year at 106,000-107,000 tons versus 99,000 tons in FY '25. — Anubhav Gupta”
“We are also working on a lot of cost control measures... so that we are able to achieve INR 5,500 of EBITDA target on a per ton basis, because it's a big jump in our guidance which we gave, from INR 4,800 to INR 5,000 to INR 5,500 per ton. — Anubhav Gupta”
“Our new plant in Valasi is on track and is expected to commence next month. This will significantly strengthen our presence in the eastern India market. — Anubhav Gupta”
“For FY '27, with Varanasi plant coming in, Kisan ramp-up and window profiles contributing to our revenue, we should be doing the high-digit double growth sales volume. — Anubhav Gupta”
Forward-looking targets from management for FY26-FY27
Revenue Growth Target
20%
Implied PAT Growth
20%
OPM Guidance
5500%
Capex Plan
₹150 Cr
Key Milestones
• 32,000-35,000 tons in Q4 FY26
• 106,000-107,000 tons in FY26
• high-digit double growth sales volume in FY27
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | -20% | +20% | Inflection Down |
| PAT (Net Profit) | -174% | +15% | Inflection Down |
| OPM | 4.9% | -270 bps | Contracting |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 14, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Apollo Pipes Ltd's latest quarterly results (Dec 2025) show
Apollo Pipes Ltd's profit is declining with an inflecting downward trend.
Apollo Pipes Ltd's revenue growth trend is inflecting downward.
Apollo Pipes Ltd's operating margin is contracting.
Apollo Pipes Ltd's long-term compounding rates
Apollo Pipes Ltd's earnings growth is inflecting downward with negative momentum on a sequential basis.
Apollo Pipes Ltd's trailing twelve month (TTM) performance
Apollo Pipes Ltd appears significantly overvalued based on our fair value analysis.
Apollo Pipes Ltd's current PE ratio is 116.0x.
Apollo Pipes Ltd's current PE is 116.0x.
Apollo Pipes Ltd's price-to-book ratio is 2.3x.
Apollo Pipes Ltd is rated Very Weak with a fundamental score of 18.65/100. This score is calculated from objective financial metrics
Apollo Pipes Ltd has a debt-to-equity ratio of N/A.
Apollo Pipes Ltd's return ratios over recent years
Apollo Pipes Ltd's operating cash flow is positive (FY2025).
Apollo Pipes Ltd's current dividend yield is 0.16%.
Apollo Pipes Ltd's shareholding pattern (Dec 2025)
Apollo Pipes Ltd's promoter holding has remained stable recently.
Apollo Pipes Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.
Apollo Pipes Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
Apollo Pipes Ltd has 3 key growth catalysts identified from recent earnings analysis
Apollo Pipes Ltd has 1 key risk worth monitoring
In Q3 FY26, Apollo Pipes Ltd's management highlighted
Apollo Pipes Ltd's management has provided the following forward guidance for FY26-FY27
Based on quantitative research signals, here is why Apollo Pipes Ltd may be worth studying
Apollo Pipes Ltd investment thesis summary:
Apollo Pipes Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
