Apollo Pipes Ltd (APOLLOPIPE) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Apollo Pipes Ltd on NSE and BSE, with an AI summary of each filing.
Upgrade in Credit Ratings of the Company
Others (Uncategorized) · 31 Oct 2026, 5:07 pm
ICRA Upgrades Apollo Pipes Bank Facilities to [ICRA]AA- (Stable)/[ICRA]A1+ ICRA upgraded Apollo Pipes Limited's bank facilities aggregating Rs. 150.0 crore to [ICRA]AA- (Stable)/[ICRA]A1+ from [ICRA]A+ (Stable)/[ICRA]A1. The action reflects strengthened financial flexibility via deeper integration with the APL Apollo Group as Mr. Sanjay Gupta increased ownership and became Chairman, enhancing market access and banking channels. Consolidated revenue rose ~7% YoY in Q1 FY27 after declining ~6% YoY in FY26 to Rs. 1,104.9 crore. Total debt/TNW stood at 0.14x as of 31st Mar'26, supported by adequate liquidity and warrant issuances.
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Call Schedule (Group Meet)
Intimation · 06 Nov 2026, 12:00 pm
Apollo Pipes Schedules Q2FY27 Earnings Conference Call on 6th Nov'26 Apollo Pipes Limited will host an earnings conference call on 6th Nov'26 at 12:00 PM IST to discuss its Q2FY27 financial performance. Organised by Systematix Institutional Equities, the call will feature senior management, including Managing Director Sameer Gupta, Joint Managing Director Arun Agarwal, Chief Financial Officer Ajay Kumar Jain, and Group Chief Strategy Officer Anubhav Gupta. Domestic participants can dial in via +91 22 6280 1297 or +91 22 7115 8198, alongside toll-free international access lines.
APOLLO PIPES LIMITED has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 05 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 05 Nov 2026, 5:30 am
Apollo Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited financial Results (Standalone ....
Intimation · 05 Nov 2026, 5:30 am
Apollo Pipes to Consider Q2 FY27 Results on 5th Nov'26 Apollo Pipes Limited's Board of Directors is scheduled to meet on 5th Nov'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half year ended 30th Sep'26. In accordance with insider trading regulations, the trading window for company insiders remains closed from 1st Oct'26 and will reopen on 8th Nov'26.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for KITARA PIIN 2401 & Others
Acquisition/ Disposal of Shares · 22 Oct 2026, 2:30 pm
Kitara PIIN 2401 and PACs Increase Apollo Pipes Stake to 8.35% Kitara PIIN 2401 acquired 20,00,000 equity shares (4.34% voting capital) of Apollo Pipes Limited on 17th Oct'26 through the conversion of preferential warrants. Following this allotment, the collective holding of Kitara PIIN 2401 and Persons Acting in Concert (PACs)—including Ohana India Growth Fund (2.12%) and Amicorp Capital (Mauritius) Limited (1.89%)—rose from 18,47,000 shares (4.01%) to 38,47,000 shares (8.35%). Consequently, Apollo Pipes' total expanded and diluted equity base increased to 4,60,48,206 equity shares (Rs 46.05 crore).
Allotment of 20,00,000 equity shares pursuant to conversion of warrants issued on preferential basis.
Others (Uncategorized) · 17 Oct 2026, 4:06 pm
Apollo Pipes Allots 20 Lakh Equity Shares on Warrant Conversion Apollo Pipes Limited approved the allotment of 20,00,000 fully paid-up equity shares of face value ₹10 each to non-promoter KITARA PIIN 2401 upon warrant conversion on 17th Oct'26. The conversion was executed at an issue price of ₹550 per share following receipt of the balance 75% consideration totaling ₹82.50 crore (total consideration: ₹110 crore). Consequently, the paid-up equity share capital expanded from ₹44.05 crore (4,40,48,206 shares) to ₹46.05 crore (4,60,48,206 shares), with the allottee holding a 4.34% post-allotment equity stake.
Apollo Pipes enters Ceramic tiles sector through Mazzini Tiles
Press Release · 19 Sept 2026, 4:05 am
Apollo Pipes Acquires 76% Stake in Mazzini Tiles for ₹40.42 Crore Apollo Pipes' subsidiary, Apollo Ceramics, acquired a 76% controlling stake in Morbi-based Mazzini Tiles for ₹40.42 crore in cash, marking its entry into the ₹62,000–65,000 crore ceramic tiles market. Mazzini reported FY25-26 revenue of ₹87.15 crore (vs. ₹76.67 crore in FY24-25 and ₹78.23 crore in FY23-24) and operates an annual capacity of 72 lakh sq. meters specializing in Polished Glazed Vitrified Tiles. The transaction forms part of Apollo Pipes' board-approved ₹300 crore investment plan to expand its building materials portfolio across domestic and export markets.
Acquisition of controlling interest in Mazzini Tiles LLP by a Subsidiary of the Company.
Others (Uncategorized) · 19 Sept 2026, 4:00 am
Apollo Pipes Acquires 76% Controlling Stake in Mazzini Tiles for ₹40.42 Crore Apollo Pipes Limited, through its subsidiary Apollo Ceramics Limited, completed the acquisition of a 76% stake and profit-sharing rights in Mazzini Tiles LLP for a cash consideration of ₹40.42 Cr on 18th Sep'26. The move marks Apollo's entry into the ceramic tiles market under a broader ₹300 Cr board-approved investment plan. Mazzini operates a Morbi manufacturing facility with an annual capacity of 72 lakh sq. meters, generating revenues of ₹87.15 Cr in FY25-26, ₹76.67 Cr in FY24-25, and ₹78.23 Cr in FY23-24.
Incorporation of a Wholly Owned Subsidiary
Others (Uncategorized) · 17 Sept 2026, 10:53 pm
Apollo Pipes Incorporates Wholly Owned Subsidiary Apollo Ceramics Apollo Pipes Limited incorporated a 100% wholly owned subsidiary, Apollo Ceramics Limited, on 17th Sep'26 in India. Operating within the building materials sector, the new entity will engage in manufacturing, contract manufacturing, trading, marketing, and distributing tiles, ceramics, and allied products. It has an authorized share capital of Rs 100 crore (10 crore shares of Rs 10 each) and an initial paid-up share capital of Rs 5 lakh (50,000 equity shares of Rs 10 each), fully funded via cash consideration by Apollo Pipes.
Upgrade in Credit Rating of the Company.
Others (Uncategorized) · 17 Sept 2026, 12:37 am
CRISIL Upgrades Apollo Pipes’ Bank Loan Ratings to CRISIL AA-/Stable/CRISIL A1+ CRISIL Ratings upgraded Apollo Pipes Limited’s (APL) bank facilities totaling Rs 280 crore to CRISIL AA-/Stable/CRISIL A1+ from CRISIL A/CRISIL A1, removing them from Watch Positive on 16th Sep'26. The upgrade reflects strong operational, managerial, and financial integration with the Sudesh Gupta group following Sanjay Gupta's appointment as Chairman. Despite FY26 revenue declining ~6% YoY to Rs 1,105 crore and Ebitda margins falling to 6%, financial risk remains robust with 0.1x gearing and >7x interest coverage, supported by equity-funded capex plans.
Outcome of the Board Meeting held on August 31, 2026-Preferential Issue
Others (Uncategorized) · 31 Aug 2026, 7:55 pm
Apollo Pipes Announces ₹300Cr Diversification and ₹189Cr Preferential Issue On 31st Aug'26, Apollo Pipes' board approved a ₹300 crore investment plan to enter the tiles and ceramics business via a new subsidiary. The company will also raise up to ₹189.1 crore by issuing 31 lakh convertible warrants to non-promoters on a preferential basis. The warrants, priced at ₹610 each, are convertible into equity shares within 18 months. To facilitate this, the board also approved increasing the authorised share capital from ₹50 crore to ₹60 crore, subject to shareholder approval.
Outcome of Board Meeting held on August 31, 2026.
Outcome · 31 Aug 2026, 7:48 pm
Apollo Pipes To Diversify Into Tiles & Ceramics, Raise ₹189.1 Cr Apollo Pipes' board on 31-Aug'26 approved a ₹300 crore investment plan to enter the tiles and ceramics business via a new subsidiary. The company will also raise up to ₹189.1 crore through a preferential issue of 31,00,000 warrants to non-promoters at an issue price of ₹610 per warrant. Each warrant is convertible into one equity share within 18 months. To facilitate the warrant conversion, the board also approved increasing the authorised share capital from ₹50 crore to ₹60 crore, subject to shareholder approval.
Apollo Pipes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/08/2026 ,inter alia, to consider and approve a proposal for raising of funds ....
Intimation · 25 Aug 2026, 11:26 pm
Apollo Pipes Board to Consider Capital Raise on Aug 31st Apollo Pipes' Board of Directors will meet on 31st Aug'26 to consider a proposal for raising funds. The capital raise may occur through various instruments, including equity shares or convertible securities. Potential methods include a Preferential Issue, Rights Issue, Qualified Institutional Placement (QIP), or other modes as decided by the board. This move signals a potential equity dilution to fund future growth or other corporate purposes, pending necessary approvals. The intimation was made to exchanges on 25th Aug'26.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for S Gupta Holding Pvt Ltd & Others
Acquisition/ Disposal of Shares · 07 Aug 2026, 4:30 pm
Apollo Pipes Promoter Group Increases Stake via Open Market Purchase Apollo Pipes' promoter group acquired 13,50,000 equity shares, representing a 3.06% stake, through open market purchases between Aug 04, '26 and Aug 06, '26. The acquirers were Mr. Dhruv Gupta and S Gupta Holding Private Limited. This transaction increases the promoter group's total shareholding from 51.72% to 54.78% of the total share capital. On a diluted basis, their holding rose from 49.47% to 52.40%. This signals strengthening promoter conviction in the company.
Appointment of Mr. Sanjay Gupta as Director(Non-Executive, Non-Independent Category) and Chairman of the Company
Change in Management · 05 Aug 2026, 12:16 am
Apollo Pipes Appoints Sanjay Gupta as Non-Executive Director and Chairman Apollo Pipes Limited appointed Mr. Sanjay Gupta as Director (Non-Executive) and Chairman, effective 04 Aug'26. This appointment represents a change in designation from his previous role as Additional Director. With over 30 years of experience in the steel and building materials industries, Mr. Gupta has previously served the company in various leadership roles. The company disclosed he is the brother of Mr. Sameer Gupta, the Managing Director, and is not debarred from holding office by any authority.
Scrutinizer''s Report on the vote cast through remote e-voting & e-voting for 40th Annual General Meeting
Annual General Meeting · 04 Aug 2026, 11:19 pm
Summary of Proceedings, Voting Results and Scrutinizer''s Report of the 40th Annual General Meeting
Annual General Meeting · 04 Aug 2026, 11:13 pm
Transcript of the Conference Call held on Friday 31st July, 2026.
Transcript · 03 Aug 2026, 11:57 pm
Audio Recording of the Conference Call held on July 31, 2026.
Audio / Video · 31 Jul 2026, 11:52 pm
Apollo Pipes Publishes Q1 FY27 Earnings Call Audio Recording Apollo Pipes has released the audio recording of its investor and analyst conference call held on 31 Jul'26. The call discussed the company's unaudited financial results for the quarter ended 30 Jun'26. As per SEBI regulations, the recording is now available on the company's website. This provides stakeholders with direct access to management's discussion and outlook concerning the Q1 performance. The link was provided in the official filing to the exchanges.
Monitoring Agency Report for the quarter ended June 30, 2026
Others (Uncategorized) · 30 Jul 2026, 8:51 pm
Apollo Pipes: Monitoring Report on Rs. 110 Cr Warrant Issue (Q1FY27) CARE Ratings' monitoring report for the quarter ended 30-Jun'26 shows no deviation in fund utilization from Apollo Pipes' Rs. 110 crore preferential warrant issue. The company has received Rs. 27.50 crore of the total amount so far, with Rs. 11.03 crore spent in Q1FY26 and Rs. 16.47 crore in Q2FY26. No funds were utilized in Q1FY27. The outstanding Rs. 82.50 crore is expected in the next 2-3 months. The current market price of ~Rs. 495 is below the warrant issue price of Rs. 550.
Press Release
Press Release · 30 Jul 2026, 8:46 pm
Apollo Pipes Q1FY27: Revenue Rises but Profits Fall Amid Margin Pressure For Q1FY27 ended 30-Jun'26, Apollo Pipes reported a 7% YoY revenue increase to ₹295.4 Cr, despite a 3% YoY sales volume decline to 24,477 MT. However, EBITDA plummeted 85% YoY to ₹3.0 Cr, with margins compressing 649bps YoY to 1.0%. The company posted a net loss of ₹8.6 Cr, a sharp reversal from the ₹8.1 Cr profit in Q1FY26. Management attributed the weak performance to polymer price volatility but expects business activity to improve in coming quarters with price stabilization.
Investor Presentation
Investor Presentation · 30 Jul 2026, 8:44 pm
Apollo Pipes Q1FY27 Results: Margin Compression Leads to Net Loss Apollo Pipes reported weak Q1FY27 results, posting a consolidated net loss of ₹8.6 Cr versus a profit of ₹8.1 Cr YoY. Revenue grew 7% YoY to ₹295.4 Cr, but sales volumes fell 3% to 24,477 MT. EBITDA plunged 85% YoY to ₹3.0 Cr, with margins compressing by 649bps to 1.0%, attributed to polymer price volatility and channel destocking. The company shifted from a net cash position of ₹46 Cr in FY25 to a net debt of ₹59 Cr. Management expects performance to improve in H2FY27.
Financial Results for the quarter ended June 30, 2026
Financial Result · 30 Jul 2026, 8:40 pm
Apollo Pipes Q1FY27 Results: Revenue Grows but Company Reports Net Loss Apollo Pipes reported a consolidated net loss of ₹1,111.49 lakh for Q1FY27, a significant downturn from a profit of ₹816.12 lakh in Q1FY26. Revenue from operations grew 7.4% YoY to ₹29,543.49 lakh. However, total expenses increased 15.4% YoY to ₹31,029.12 lakh, driving the loss. The company posted a negative EPS of ₹2.52 compared to ₹1.85 a year ago. Sequentially, revenue declined 14.9% from ₹34,702.04 lakh in Q4FY26, while the net loss widened from ₹12.80 lakh in the previous quarter.
Outcome of Board Meeting held on July 30, 2026
Outcome · 30 Jul 2026, 8:30 pm
Apollo Pipes Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 29,543 (+7.4% YoY | -14.9% QoQ) ■ EBITDA: 304 (-85.3% YoY | -83.1% QoQ) ■ EBITDA Margin (%): 1.0 (-649 bps YoY | -417 bps QoQ) ■ PAT: -857 (Profit to Loss YoY | Profit to Loss QoQ) ■ EPS (INR): -2.52 (Profit to Loss YoY | -8300.0% QoQ)