Announcement
Announcement under Regulation 30 (LODR)-Allotment 17 Oct - Apollo Pipes allotted 20 lakh equity shares to KITARA PIIN 2401 upon warrant conversion, raising ₹82.5 crore.
Source: Bse
Apollo Pipes Limited (APOLLOPIPE)
Small CapIndustrials stocks · Small cap · NSE
Apollo Pipes Limited operates in Pipes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result30 Jul, 08:40 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
44NeutralSMA20 -11.5% / mo · MACD −
Stock trend: 43
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
APOLLOPIPED candles · FIT view+12.4%Latest close ₹495.85 on 2026-10-21
Bar
-4.3%
RSI
37
MACD hist
-0.07
52W pos
58%
2026-10-21O ₹517.90H ₹521.20L ₹490.00C ₹495.85Vol 92,271 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
APOLLOPIPENifty India ManufacturingNifty 500
- APOLLOPIPE
- +0.5%
- Nifty 500
- -6.5%
- Nifty India Manufacturing
- -7.7%
- Vs Nifty 500
- +7.0 pp
Chart stats
21 Oct 2026- From 52W high
- -25.9%
- 52W range position
- 58%
- ATR (14)
- 4.5%
- Volume vs 20D
- 0.63x
- Avg traded value
- ₹6.7 Cr
- 20D price channel
- ₹490 - ₹553
₹668.8
₹252.1 - ₹668.8
₹22.5
Latest completed session
20-session average
36.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED14
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +7.3% · PAT -237.5% YoY
Technical
Neutral44
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence56
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -238% YoY · margin compression · Rev +7% YoY
Filed 30 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹295 Cr | +7.3% | -15.0% |
| EBITDA | ₹3 Cr | -85.7% | -83.3% |
| Operating margin | 1.0% | -700 bps | -400 bps |
| PAT | ₹-11 Cr | -237.5% | NDF |
| PAT margin | -3.7% | -664 bps | -373 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 2.85
- EV/EBITDA
- 22.58
- Market Cap
- 2337.00Cr
Profitability
- ROE
- -0.88%
- ROCE
- 1.23%
- ROA
- -1.18%
- Dividend Y
- 0.13%
Growth (CAGR)
- Revenue 5Y
- -2.00%
- EPS 5Y
- -2.00%
- Revenue 3Y
- -8.00%
- EPS 3Y
- -8.00%
Balance Sheet
- Debt/Equity
- 0.15
- Interest Coverage
- 4.45×
- Altman Z
- 5.17
- Book Value
- 186.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- 35.00 Cr
- EPS TTM
- -2.10
Shareholding
- Promoter Hold
- 51.72%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 67%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 1,105-6.5% vs prev
Net Profit
₹ CrLatest: 5.0-85.3% vs prev
Return on Equity
%Latest: 0.6-85.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term uptrend intact. RSI 37.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~13.0% over last month) — short-term momentum negative.
- RSI(14) at 37 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 26% off 52W high · 97% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
87
RS percentile
Stage 2 UptrendEstablished S2
1M return
-4.7%
3M return
+5.0%
6M return
+12.0%
1Y return
+66.1%
RS 1D
0
RS 20D
+2
Sector rank
#2
Industry rank
#32
Stage evidence
- Price is 3.1% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +4.3%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
03 Apr 2026
S2 age
140 trading sessions
Sector
leading
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 154.31-3.42%
RS vs Nifty 500154
Valuation & peers
U-Score 14 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 14 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth0/25
Quality0/20
Balance Sheet9/15
Cash Flow2/10
Piotroski
4/9 (+1)
Penalties
0
Raw sum
14
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
14/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 9/15 to the score.
- Cash flow contributes 2/10 to the score.
- Valuation contributes 2/30 to the score.
Main drags
- Growth is weaker at 0/25; verify the latest quarterly trend.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 2/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
—
PB
2.9
EV/EBITDA
22.6
ROE
-0.9%
ROCE
1.2%
FCF Yield
—
Debt/Equity
0.1
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
14
Previous: 14
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
14
14
14
14
14
14
14
14
14
14
14
14
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
6.3
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KRITI
Small
Kriti Industries (India) Limited
Plastics
match 81
20
—
1.3%
—
OVERVALUED
FINPIPE
Micro
Finolex Industries Limited
Plastics
match 64
37
15.3
8.6%
-237%
WATCHLIST
BEPL
Small
Bhansali Engineering Polymers Limited
Plastics
match 57
48
13.2
17.3%
-282%
FAIR VALUE
ALLTIME
Small
All Time Plastics Limited
Plastics
match 56
24
31.8
9.0%
-1106%
OVERVALUED
MOLDTECH
Small
Mold-Tek Technologies Limited
Plastics
match 53
31
33.4
6.6%
-181%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Apollo Pipes Limited operates in Pipes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
56Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 18th percentile of the scored universe and 14th percentile within Industrials. Main check: results consistency is weak at 27/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
119 docs text-extracted · 42 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
18th percentile
overall median 67 · Industrials: 14th pctile, median 68 · Small: 20th pctile, median 66
Evidence depth
Financial-only
119 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
82
strong · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
30
weak · capital discipline
Results
27
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 4.9%.
Trust risks
- ▸4 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 1.2%.
- ▸ROE is low at -0.9%.
- ▸ROCE trend is -11.8%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Apollo Pipes Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 18 Sep - Apollo Ceramics acquired 76% of Mazzini Tiles LLP for ₹40.42 crore; Apollo enters tiles sector.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 18 Sep - Apollo Ceramics acquired 76% in Mazzini Tiles LLP for Rs 40.42 crore, entering the ceramic tiles sector.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep - Newspaper Advertisement of Completion of Dispatch of Notice of Postal Ballot.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Preferential Issue 31 Aug - Board approved ₹300 crore tiles-ceramics subsidiary plan and 31 lakh warrants worth ₹189.1 crore on August 31, 2026.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement Under Regulation 30 (LODR)-Change In Management 4 Aug - Mr. Sanjay Gupta appointed Non-Executive Director and Chairman effective August 04, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Aug - Notice to Shareholder in respect of transfer of Equity Share of the Company to the IEPF.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jul - Newspaper Advertisement regarding completion of despatch of Notice of 40th AGM of the Company.
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 10 Jul
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.