Apollo Pipes Limited
APOLLOPIPES.BO
Bombay Stock Exchange686.90
INR
-3.95
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Apollo Pipes Limited
APOLLOPIPES.BO
(Bombay Stock Exchange)
Recent
price
686.90
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Apollo Pipes Limited manufactures and markets polyvinyl chloride (PVC) pipes and fittings for plumbing, agriculture, sewerage, borewell, water storage, and bath fitting applications. The company produces CPVC pipes and fittings, uPVC plumbing systems, uPVC SWR piping systems, uPVC pressure pipes and fittings, elastomeric ring fit pipes, uPVC column pipes, well casing pipes, HDPE pipes, HDPE sprinkler systems and cable ducts, PPR-C plumbing systems, PVC agriculture pipes, multi-layered water tanks, adhesives, PTMT taps, health faucets, showers, cisterns, seat covers, and bathroom accessories; it maintains a portfolio exceeding 2,500 SKUs with production capacity of 130,000 MTPA across six plants in Dadri and Sikandrabad (Uttar Pradesh), Varanasi (Uttar Pradesh), Ahmedabad (Gujarat), Tumkur (Karnataka), and Raipur (Chhattisgarh). Apollo Pipes operates primarily in India, serving agriculture, water management, construction, infrastructure, sanitation, industrial, oil and gas, and telecom ducting sectors through over 1,000 channel partners and 10,000 customer touchpoints. Incorporated in 1985 as Amulya Leasing and Finance Limited and renamed Apollo Pipes Limited in 2017, the company is headquartered in Noida, Uttar Pradesh, with its registered office in New Delhi. In March 2024, Apollo Pipes acquired a majority controlling stake of 53.57% in Kisan Mouldings Limited for Rs 118 crore via preferential allotment, followed by an additional 0.50% stake purchase in February 2025 for Rs 2.89 crore, enhancing its PVC pipes, fittings, and water tanks offerings while expanding distribution in western, central, and southern India; the company plans capacity expansion to 286,000 tons annually within two years alongside new product introductions including PLB DWC pipes, P/E gas pipes, and PVCO pipes.