Apollo Pipes' Q2 FY 2025-26 Quarterly Results

Result Summary

• Apollo Pipes Ltd reported a 13.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.0%.
• Its expenses for the quarter were down by 11.9% QoQ and 3.4% YoY.
• The net profit decreased 83.0% QoQ and decreased 64.8% YoY.
• The earnings per share (EPS) of Apollo Pipes Ltd stood at 0.31 during Q2 FY 2025-26.

Financial Statments for Q2 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 Indian pipes manufacturing industry. The company primarily focuses on producing various types of pipes, including PVC, CPVC, and HDPE pipes, catering to diverse sectors such as agriculture, infrastructure, and real estate. Apollo Pipes Ltd is known for its extensive distribution network and a strong emphasis on quality, which has helped it gain a significant market share. Recent developments around Apollo Pipes Ltd have not been provided in the data, so any additional major activities or strategic initiatives by the company during the reporting period remain unspecified.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Apollo Pipes Ltd reported a total income of ₹241.07 crores. This represents a decrease of 13.3% compared to the previous quarter (Q1FY26), where total income stood at ₹278.00 crores. On a year-over-year basis, the total income also saw a decline of 4.0% from ₹251.08 crores in Q2FY25. The reduction in revenue on both a QoQ and YoY basis highlights a period of decreased sales or income generation for the company.

Profitability

The company's profitability metrics indicate a challenging quarter. Profit before tax for Q2FY26 was reported at ₹4.11 crores, down 55.0% from ₹9.13 crores in Q1FY26 and 28.8% from ₹5.77 crores in Q2FY25. Tax expenses rose significantly by 181.4% QoQ to ₹2.73 crores, and also increased by 50.0% YoY from ₹1.82 crores. Profit after tax plummeted to ₹1.39 crores in Q2FY26, marking an 83.0% decline from ₹8.16 crores in Q1FY26 and a 64.8% decrease from ₹3.95 crores in Q2FY25. Earnings per share mirrored this trend, declining to ₹0.31 from ₹1.85 in Q1FY26 and ₹0.95 in Q2FY25, reflecting a substantial reduction in shareholder returns.

Operating Metrics

Total expenses for Apollo Pipes Ltd in Q2FY26 were ₹236.96 crores, which is a decrease of 11.9% from ₹268.89 crores in the previous quarter, and a 3.4% reduction from ₹245.32 crores in Q2FY25. Despite the decrease in expenses, the decline in revenue had a more pronounced impact on profitability. The company's profit margins were squeezed, as evidenced by the significant drop in profit before tax and profit after tax. The data provided does not include specific operating ratios or metrics such as the P/E ratio, debt-to-equity ratio, or current ratio, which would offer further insight into the company's financial health and operational efficiency for the period.