Apollo Pipes Ltd. · NSE:APOLLOPIPE
Apollo Pipes — Q4 FY2025 Earnings Presentation
38 slides from Apollo Pipes's earnings presentation, May 10, 2025
Slide 1: Exchange filing cover letter for earnings presentation
May 10, 2025 The National Stock Exchange of India Department of Corporate Services/Listing Limited BSE Limited Exchange Plaza”, 5 Floor, th Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 SCRIP Code: 531761
Slide 2: Apollo Pipes Ltd. Q4FY25 Earnings Presentation
APOLLO PIPES LTD. Q4FY25 EARNINGS PRESENTATION May 2025 www.apollopipes.com 1
Slide 3: Safe harbour
Safe harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 4: Table of Content
Table of Content 1 Apollo Pipes Overview 2 Growth Levers 3 Macro-Growth Drivers 4 5 6 www.apollopipes.com Future 5 Year Financial Q4FY25 Outlook Highlights Highlights 3
Slide 5: Company Overview
www.apollopipes.com COMPANY OVERVIEW 4
Slide 6: Apollo Pipes at a Glance
Apollo Pipes at a Glance Amongst the Top 6 8 leading PVC pipe 225,500 Ton 1,000+ manufactures in India Capacity Manufacturing Plants Channel Partners 17% 24% 16% www.apollopipes.com 2,600+ 5-year Sales Volume 5-year Revenue 5-year EBITDA SKU’s CAGR CAGR CAGR 5
Slide 7: Q4FY25 at a Glance
Q4FY25 AT A GLANCE ₹314.8 Cr 25,991 MT ₹24.0 Cr 7.6% Sales Volume EBITDA EBITDA Margin Revenue 22% YoY increase 5% YoY decrease 231bps YoY decline 23% YoY increase 4% QoQ decrease 3% QoQ increase 8bps QoQ increase 2% QoQ increase ₹9.8 Cr ₹22.0Cr 7.3% 4.2% PAT Cash Profit **ROCE in FY25 ROE in FY25 4
Slide 8: FY25 at a Glance
FY25 AT A GLANCE ₹1,182 Cr 99,705 MT ₹95.7 Cr 8.1% Sales Volume EBITDA EBITDA Margin Revenue 23% YoY increase YoY unchanged 162bps YoY decline 20%YoY increase ₹32.6 Cr ₹77.2Cr 7.3% 4.2% PAT Cash Profit **ROCE in FY25 ROE in FY25 23% YoY decline 6% YoY increase 6.4% in FY24 10.1% in FY24 www.apollopi
Slide 9: Apollo Pipes at a Glance: Key Focus Areas
Apollo Pipes at a Glance Agriculture Segment Water Management Construction Segment Oil & Gas Segment Telecom Ducting Segment • Casing pipes • Hot & cold potable water • Sanitation & Sewage pipes Conveying edible oils and • Drip irrigation & distribution & transportation • Plumbing Pipes chemicals &
Slide 10: Product Portfolio
Product Portfolio Diversified Basket of 2,600+ Products www.apollopipes.com 9
Slide 11: Successful Journey of Apollo Pipes
Successfull Journey of Apollo Pipes • New manufacturing unit Commissioning • Commercial PVC pipe • Started manufacturing uPVC • Largest plastic piping Concluded promoter • Introduced eco water tank. started in Varanasi. manufacturing plumbing pipes fittings with solution company infusion of 142 cror
Slide 12: Brand Ambassador Amitabh Bachchan and TV Commercial
Announced Mr. Amitabh Bachchan as 1 Brand Ambassador New Tv Commercial Launched on 2 19th December 2023 3 6.3 Million Views 4 2.1 Million Views www.apollopipes.com 11
Slide 13: Raveena Tandon Appointed as Brand Ambassador
1 Raveena Tandon Appointed as Brand Ambassador 2 Social Media campaign launched in Q3FY22 continue to garner good response 8.5 Million Followers Bath Fitting 3 (On Raveena’s Platform) 6.8 Million Followers www.apollopipes.com Digital Campaign, Packaging promotions 4 etc 12
Slide 14: Our Environment, Social, Governance and Safety Policy
Our Environment, Social, Governance and Safety Policy Cost Savings and Energy conservation are one of the key focus areas for Apollo Pipes • Installed rooftop solar plant at Dadri for optimum utilsation of energy Apollo Pipes Ltd. achieves 82nd • Evaluating opportunities to install rooftop solar pla
Slide 15: Growth Levers
www.apollopipes.com GROWTH LEVERS 14
Slide 16: Strategic acquisition of Kisan Mouldings
Strategic acquisition of Kisan Mouldings • Established in 1982 with 40+ yr. old legacy brand • Have a capacity of ~60k Ton • Apollo pipes investment amounted to Rs 141 Cr for acquiring majority stake (57.6%) in Kisan. • Wide range of SKU’s including Plastic Pipes and fittings for building and agricu
Slide 17: Key Business Strength
Key Business Strength Expanding footprint in India Catering to multiple sectors – Agriculture, Water Management, Infrastructure Proven expertise in complex Strong and highly experienced Management projects Team Multiple and efficient product offerings – Advanced equipment & technology – 2,600+ products
Slide 18: Diversified Product Portfolio
Diversified Product Portfolio with total offerings at 2,600+, Aiming to achieve 4,000+ products to the basket • CPVC Pipes and Fittings • uPVC Pipes and Fittings • PPR-C Pipes and Fittings • Agri Pipes and Fittings • SWR Drainage System • uPVC Column Pipes • Well Casing Pipes • UGD Pipes • HDPE Pipes
Slide 19: Capacity Expansion to aid long-term growth plan
Capacity Expansion to aid long-term growth plan Available Capacity 225,500 MTPA Ahmedabad, Bengaluru and Raipur www.apollopipes.com line for the value-added products at new locations 18
Slide 20: Macro Growth Drivers
MACRO GROWTH DRIVERS www.apollopipes.com 19
Slide 21: PVC Pipe Industry
PVC Pipe Industry The Indian PVC pipes and fittings market expected to register 15% CAGR during FY24 - FY27 • The domestic plastic pipes industry size at ~ ₹ 350Bn • Organized players account for ~70% market share • Key features of plastic pipes against other pipes - Lightweight - Ease of transportat
Slide 22: At the Forefront of multiple sector trends
At the Forefront of multiple sector trends Urban Infrastructure & Construction Water Management Agriculture Focus • Infrastructure push - plumbing and • Rehabilitation of aging pipelines and • Improving irrigation schemes for distribution requirements installation of new pipes in transportation farm
Slide 23: Future Outlook
www.apollopipes.com FUTURE OUTLOOK 22
Slide 24: Capacity expansion plan
Capacity expansion plan Existing capacity Ongoing expansion Organic growth Current capacity Capacity expansion Brownfield expansion 225,500 Ton 33,000 Ton 27,500 Ton Existing Apollo Pipes Ltd plants Greenfield Varanasi Plant 165,500 Ton 30,000 Ton by FY26 Kisan Mouldings Ltd* Total capacity 60,000 T
Slide 25: Focus Areas for FY27
Focus Areas for FY27 Strengthen Undertake a Register solid Penetrate and Improve Undertake foothold in Pan phase-wise growth in sales – establish utilization at the various brand India capacity expansion targeting revenue footprint into existing building at the existing growth of around neighboring
Slide 26: Operational & Financial Highlights
OPERATIONAL & FINANCIAL HIGHLIGHTS www.apollopipes.com 25
Slide 27: Quarterly Performance
Quarterly Performance Sales Volume (Tons) Revenue (Rs. Cr) 26,575 26,987 25,991 308.5 307.9 314.8 21,345 255.6 250.4 18,868 20,152 221.6 Q3 FY24 Q4 FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q3 FY24 Q4 FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 EBITDA (Rs. Cr) PAT (Rs. Cr) 12.5 29.0 25.4 24.0 9.1 9.8 23.3 20.1 19.4 6.7
Slide 28: Financial Trend
Financial Trend Revenue (Rs. Cr) Volume (Tons) 99,705 81,235 1,182 66,567 915 987 53,849 784 44,692 47,333 518 408 FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 FY22 FY23 FY24 FY25 PAT (Rs.Cr) EBITDA (Rs. Cr) 93 96 96 50 74 44 68 43 33 46 29 24 www.apollopipes.com FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 F
Slide 29: Financial Trend: Working Capital, Cash Flow, ROE, ROCE
Financial Trend Net Working Capital (Days) Op. Cashflow (Rs. Cr) 74 74 195 68 56 APL APL (S’alone) (Consol) 36 68 27 64 19 47 40 22 FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 FY22 FY23 FY24 FY25 FY25 ROE (%) ROCE** (%) Net Debt/ (Net cash) (Rs.Cr) 21.1 18.6 19.0 9 7 Net 13.5 13.2 cash 10.6 9.5 10.1 6.4
Slide 30: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) Particulars (Rs Cr) Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 FY24 FY25 Sales Volume (Ton) 21,345 26,575 20,152 26,987 25,991 81,235 99,705 Total Income From Operations (Net) 256 308 250 308 315 987 1,182 Total Expenditure 230 280 231 285 291 891 1,086 Raw Material ex
Slide 31: Balance Sheet & Cash flow (Consolidated)
Balance Sheet & Cash flow (Consolidated) Balance Sheet - Assets (Rs Cr) FY24 FY25 Cashflow Statement (Rs Cr) FY24 FY25 Cash & Bank Balance 56 138 EBITDA 96 96 Receivables 80 95 Change in receivables 19 -18 Inventories 199 213 Change in Inventory 13 -14 Other current assets 37 45 Change in payables 6
Slide 32: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) Apollo pipes (Ex- Kisan) Kisan Mouldings (Rs Cr) Q4FY25 FY25 Q4FY25 FY25 Sales Volume (Ton) 21,122 79,768 6,543 21,611 Total Income From Operations (Net) 240 926 83 273 Total Expenditure 219 841 81 263 Raw Material expenses 178 661 58 184 Employee expense 15 65 7
Slide 33: Conclusion
CONCLUSION 32 www.apollopipes.com
Slide 34: Key Takeaways
Key Takeaways Increased market presence and Target to achieve improving 25%+ revenue distributor network growth CAGR over to address demand next three years across Leveraging ‘APL Value-added pan-India Apollo’ brand Available Capacity product categories reach and recall of 225,500 Ton to provide imp
Slide 35: About Us
About Us Apol l o Pipes (BSE: 531761; NSE: APOLLOPIPE), is among the top 6 leading piping solution providing Company in India. Headquartered in Delhi, the Company enjoys strong brand equity in the domestic markets. With more than 3 decades of experience in the Indian Pip e Market, Ap ollo Pipes hold
Slide 36: Thank You
www.apollopipes.com THANK YOU 35
Slide 37: Press Release: Q4FY25 Consolidated Business Performance
Apollo Pipes Limited A- 140, Sector 136. Noida, Uttar Pradesh- 201301 Q4FY25 Consolidated Business Performance • Sales volume increased 22% YoY to 25,991 Ton • Revenue increased 23% YoY to Rs 3.1 Bn • EBITDA decreased 5% YoY to Rs 240 Mn • PAT increased 45% YoY to Rs 98 Mn Noida, May 10, 2025: Apoll
Slide 38: About the Company
About the Company Apollo Pipes (BSE: 531761; NSE: APOLLOPIPE), is among the top 6 leading piping solution providing Company in India. Headquartered in Delhi, the Company enjoys strong brand equity in the domestic markets. With more than 3 decades of experience in the Indian Pipe Market, Apollo Pipes