Apollo Pipes' Q1 FY 2025-26 Quarterly Results

Result Summary

• Apollo Pipes Ltd reported a 8.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.2%.
• Its expenses for the quarter were up by 12.0% QoQ and down 7.8% YoY.
• The net profit increased 18.3% QoQ and decreased 41.2% YoY.
• The earnings per share (EPS) of Apollo Pipes Ltd stood at 1.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Apollo Pipes Ltd is a prominent player in the manufacturing sector, primarily focused on the production of plastic piping solutions. The company operates within the broader plastic industry, providing a range of products including PVC pipes, HDPE pipes, and fittings used in various applications such as agriculture, construction, and infrastructure projects. Apollo Pipes has established a significant presence in the market due to its emphasis on quality and innovation. The company aims to cater to the growing demand for efficient and sustainable piping systems. While specific recent developments are not detailed here, Apollo Pipes is known for its strategic expansions and focus on enhancing production capabilities to meet increasing market needs.

Revenue

In Q1FY26, Apollo Pipes Ltd reported a total income of ₹278.00 crores, marking an increase from the ₹255.92 crores recorded in Q4FY25. This represents a quarter-over-quarter (QoQ) growth of 8.6%. However, when comparing the year-over-year (YoY) performance, there is a decline of 10.2% from the ₹309.48 crores recorded in Q1FY25. These figures highlight the company’s ability to increase revenue on a quarterly basis, although the annual comparison shows a decrease. Such movements in revenue figures are crucial for understanding the company’s market dynamics and demand fluctuations.

Profitability

Apollo Pipes Ltd's profitability metrics for Q1FY26 reveal a mixed performance. The Profit Before Tax (PBT) stood at ₹9.13 crores, which is a decrease from ₹15.81 crores in Q4FY25, resulting in a QoQ decline of 42.3%. Compared to Q1FY25, where PBT was ₹17.80 crores, there is a YoY decline of 48.7%. Despite the fall in PBT, the Profit After Tax (PAT) for Q1FY26 increased to ₹8.16 crores from ₹6.90 crores in Q4FY25, a QoQ rise of 18.3%, though it is still down by 41.2% YoY from ₹13.88 crores. The tax expense for Q1FY26 was ₹0.97 crores, significantly lower than both the QoQ and YoY figures. Earnings Per Share (EPS) also saw a QoQ increase of 11.8% to ₹1.90, though it experienced a YoY decline of 36.7% from ₹3.00.

Operating Metrics

The total expenses for Apollo Pipes Ltd in Q1FY26 were ₹268.89 crores, which increased by 12.0% from ₹240.11 crores in Q4FY25, reflecting higher operational costs. However, compared to the same quarter last year, there is a decrease of 7.8% from ₹291.69 crores. The changes in expenses are crucial for assessing the company's cost management strategies and operational efficiency. The significant movements in tax expenses, which decreased by 89.1% QoQ and 75.3% YoY, also contribute to understanding the net profitability of the company. These metrics provide insight into the financial health and operational adjustments of Apollo Pipes Ltd over the examined periods.