Apollo Pipes share price today

Apollo Pipes Ltd's share price was ₹514.65 at the close on 4 November 2026. It has been rising for 30 weeks. That is 7.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹263 and ₹635, and at that close it sat 68% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Apollo Pipes Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 13 weeks in a row.

Over the last 11 years the share price moved +1,382% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

4 points in one quarter and profit down on a year earlier for 5 quarters in a row.

1. Lowest operating margin in 15 quarters

   Operating margin was 1% in the June 2026 quarter, against 8% a year earlier.

   Next results: check whether the core business margin stays between 7% and 8% as stock losses fade and new plant costs are absorbed.

   From the earnings call on 31 Jul 2026.

2. Promoters cut their stake by 2.4 points in one quarter

   From 55.5% to 53.1% in the October 2026 quarter.

3. Profit down on a year earlier for 5 quarters in a row

   In the June 2026 quarter profit was ₹-11 crore, -237.5% on a year earlier.

   Why: Profit fell because Kisan kept making operating losses.

   Next results: check whether Q2 sales volume grows by double digits from a year earlier.

   From the earnings call on 31 Jul 2026.

For April to June 2026 (the quarter ended 30 June 2026), Apollo Pipes reported revenue of ₹295 crore, up 7.3% from ₹275 crore a year earlier, and a loss of ₹11.0 crore, down 237.5% from ₹8.00 crore.

Apollo Pipes results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Apollo Pipes' management discussed these results on a call held on 31 July 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Apollo Pipes closed at ₹514.65 on 4 November 2026, up 70.2% from ₹302.35 a year earlier (7 November 2025) and down 12.6% over five years. Its highest weekly close since March 2016 was ₹782.80 on 9 February 2024.

Apollo Pipes share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Apollo Pipes closed at ₹514.65, up 2.5% on the week and up 0.4% on the month. 31 Jul 2026: Apollo Pipes held its results call for April to June 2026. Management guided: July to September 2026 volume growth expected to be double digit on a year earlier and better on the previous quarter.

Earlier

• 17 Jul 2026: ex-date for a dividend of ₹0.70 a share.
• Results for April to June 2026: Revenue up 7.3% and profit down 237.5% on a year earlier.

Apollo Pipes paid ₹0.70 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.14% at the ₹514.65 close on 4 November 2026. The last was a dividend of ₹0.70 a share, ex-date 17 July 2026.

Apollo Pipes dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Apollo Pipes Ltd paid out 41% of its profit as dividends in FY26, and it paid a dividend in 3 of its last 6 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 31 July 2026, Apollo Pipes' management guided: July to September 2026 volume growth expected to be double digit on a year earlier and better on the previous quarter.

“We are 100.0% sure that the ongoing capex will be funded through internal cash flows. There will be no requirement to raise any debt or equity.”Sameer Gupta, on the call for April to June 2026

What management guided

• FY27 volume growth expected to be high double digit, with H2 stronger than H1 as monsoon impact fades and construction improves.
• Business-level operating margin planned at 7.0%-8.0% over the next 12-15 months after Kisan merger; plant stabilization could add a further 50-100 basis points.
• Window profiles planned at 7.0%-8.0% of FY27 revenue, around 10.0% at full current capacity and potentially 15.0% of Apollo's portfolio longer term; new products planned at 10.0%-15.0% margins and 25.0% ROCE.
• Varanasi utilization planned at least 30.0% in FY27, followed by 50.0%-60.0% and then 70.0%, with the balance thereafter in FY29.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 31 July 2026.

When Apollo Pipes reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: July to September 2026 volume growth to turn double digit on a year earlier and improve on the previous quarter, with distributor restocking following sustained PVC price stability.

Apollo Pipes is not on any of our India lists this week.

Apollo Pipes Ltd posted a net loss of ₹11.0 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹5.0 Cr. Over 11 years profit has grown −7.7% a year on average. That loss is 3.7% of the quarter's revenue. The same quarter a year earlier earned ₹8.0 Cr. 2 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was −₹11.0 Cr, −237.5% on a year earlier. For the full year, FY26 profit was ₹5.0 Cr (−85.3% on the year before).

Why profit moved: revenue changed +7.3% on a year earlier and the margin moved −7.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −148.9% and revenue −2.0%. Profit is growing slower than sales: rising costs are taking part of the growth.

Apollo Pipes Ltd reported ₹295 Cr of revenue in the Jun 2026 quarter, +7.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 11 years it has grown 24.4% a year on average. The last full year, FY26, came in at ₹1,105 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,125 Cr.

FY26 revenue was ₹1,105 Cr, −6.5% on the year before.

Recent pace: the last four quarters grew −2.0% on average, against 24.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −2.0%, against +25.2% a year over the last 8 quarters (rolling over).

Apollo Pipes Ltd's operating margin was 1.0% in the Jun 2026 quarter, 7.0 percentage points lower than the same quarter a year ago. Across 6 years it has been between 6.0% and 12.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −6.5 percentage points on the year while gross margin changed −4.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 230% of Apollo Pipes Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹35.0 Cr of operating cash against ₹5.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹126 Cr of spending on assets, free cash was −₹91.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 230% of profit came in as cash: the cash cycle got 93 days shorter between FY15 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 2.5× depreciation over three years. The next section checks what that spending is building.

Apollo Pipes Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 58 days in FY26, down from 151 days in FY15. It spent ₹267 Cr on assets over the last 3 years. Customers take 34 days to pay, and stock sits for 114 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,105 Cr, each day of that cycle ties up about ₹3.0 Cr, so roughly ₹176 Cr is tied up in the business at any time.

FY26: customers took 34 days to pay and stock sat for 114 days, about 3.8 months of sales sitting as stock, for a full cycle of 58 days, shorter than FY15's 151.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 114 days. Customers pay about 34 days after that. Suppliers are paid at 90 days. Together that makes the 58-day cycle.

Spending on assets: ₹267 Cr over the last 3 years, against ₹107 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹90.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Apollo Pipes Ltd's P/E is 300.5×, near the high end of its own history: higher than 97% of past readings. Its usual P/E (the middle reading) is 56.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.