Company Profile

Apollo Pipes has reported results for fourth quarter and year ended March 31, 2021.

The company has reported above 2-fold jump in its net profit at Rs 16.64 crore for the quarter under review as compared to Rs 6.19 crore for the same quarter in the previous year. Total income of the company increased by 82.58% at Rs 176.68 crore for Q4FY21 as compared Rs 96.77 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 55.87% in its net profit at Rs 44.47 crore as compared to Rs 28.53 crore for the previous year. Total income of the company increased by 25.93% at Rs 526.48 crore for year under review as compared to Rs 418.09 crore for year ended March 31, 2020.

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, Apollo Pipes has informed that it has enclosed the copy of Newspaper cuttings of the Audited Financial Results of the Company for the fourth quarter and financial year ended March 31, 2021, as approved by the Board of Directors in their Meeting held on May 04, 2021, and published in the Newspapers, ‘Business Standard (English & Hindi edition), Economic Times (English edition) and Navbharat Times’ (Hindi edition) on May 05, 2021.

The above information is a part of company’s filings submitted to BSE.

Apollo Pipes has reported its sales performance for the quarter and year ended March 31, 2021. The Company reported a sales volume of 12,987 ton in Q4FY21, an increase of 34% as compared to 9,721 ton in Q4FY20. This growth was driven by contribution from across product categories including value-added products.

The Company registered sales volume of 47,333 ton, an increase of 6% compared to 44,692 ton in FY20, despite Covid-19 disruption in FY21. The Company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment and increase in geographical reach combined with an uptick in utilization levels. 

Apollo Pipes is among the top 10 leading piping solution providing Company in India.

Apollo Pipes is currently trading at Rs. 1015.75, up by 28.50 points or 2.89% from its previous closing of Rs. 987.25 on the BSE.

The scrip opened at Rs. 1000.00 and has touched a high and low of Rs. 1033.60 and Rs. 1000.00 respectively. So far 4543 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,033.60 on 01-Apr-2021 and a 52 week low of Rs. 231.05 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 1,033.60 and Rs. 885.85 respectively. The current market cap of the company is Rs. 1325.36 crore.

The promoters holding in the company stood at 52.03%, while Institutions and Non-Institutions held 12.42% and 35.55% respectively.

Apollo Pipes has reported its sales performance for the quarter and year ended March 31, 2021. The company reported a sales volume of 12,987 ton in Q4FY21, an increase of 34% as compared to 9,721 ton in Q4FY20. This growth was driven by contribution from across product categories including value-added products.

The company registered sales volume of 47,333 ton, an increase of 6% compared to 44,692 ton in FY20, despite Covid-19 disruption in FY21. The Company anticipates further improvement in sales performance over the next few quarters on the back of better demand environment and increase in geographical reach combined with an uptick in utilization levels.

Apollo Pipes is among the top 10 leading piping solution providing Company in India.

Apollo Pipes is currently trading at Rs. 741.50, up by 7.15 points or 0.97% from its previous closing of Rs. 734.35 on the BSE.

The scrip opened at Rs. 787.00 and has touched a high and low of Rs. 787.00 and Rs. 729.00 respectively. So far 5853 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 799.00 on 15-Jan-2021 and a 52 week low of Rs. 220.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 799.00 and Rs. 687.00 respectively. The current market cap of the company is Rs. 972.72 crore.

The promoters holding in the company stood at 52.03%, while Institutions and Non-Institutions held 12.42% and 35.55% respectively.

Apollo Pipes has reported 2-fold jump in its net profit of Rs 16.33 crore for the quarter ended December 31, 2020 as against net profit of Rs 6.67 crore for the same quarter in the previous year. Total income of the company increased 26.27% at Rs 129.92 crore for Q3FY21 as compared Rs 102.89 crore for the corresponding quarter previous year.

Apollo Pipes is among the top 10 leading piping solution providing Company in India.