Apollo Pipes Ltd. · NSE:APOLLOPIPE
Apollo Pipes — Q2 FY27 Earnings Presentation
42 slides from Apollo Pipes's earnings presentation, Nov 5, 2026
Slide 1: Exchange cover letter for earnings presentation
November 05, 2026 To The National Stock Exchange of India Limited Department of Corporate Services/Listing Exchange Plaza, 5th Floor, BSE Limited Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: A
Slide 2: Apollo Pipes Q2FY27 Earnings Presentation
APOLLO PIPES LTD. Q2FY27 EARNINGS PRESENTATION November 2026 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 Q2FY27 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 7 leading PVC pipe 2,40,000 Ton 1,000+ manufactures in India Capacity Manufacturing Plants Channel Partners 15% 18% 11% www.apollopipes.com 3,000+ 10-year Sales Volume 10-year Revenue 10-year EBITDA SKU’s CAGR (FY16-26) CAGR (FY16-26) CAGR (FY16-26) 5
Slide 7: Q2FY27 At A Glance
Q2FY27 AT A GLANCE ₹309.6 Cr 24,501MT ₹11.5 Cr 3.7% Sales Volume EBITDA EBITDA Margin Revenue 13% YoY increase 27% YoY decrease 297bps YoY decrease 31% YoY increase Flat QoQ 278% QoQ increase 268bps QoQ increase 5% QoQ increase ₹2.0 Cr ₹17.9Cr 1.1% 0.8% Profit Cash Profit ROCE in FY26 ROE in FY26 24
Slide 8: H1FY27 At A Glance
H1FY27 AT A GLANCE ₹605.1 Cr 48,978MT ₹14.5 Cr 2.4% Sales Volume EBITDA EBITDA Margin Revenue 4% YoY increase 60% YoY decrease 473bps YoY decrease 18% YoY increase ₹6.6 Cr ₹24.2Cr 1.1% 0.8% Loss Cash Profit ROCE in FY26 ROE in FY26 (Rs 9.8 Cr Profit in 34% YoY decrease 4.2% in FY25 6.6% in FY25 H1FY
Slide 9: Key Focus Areas
Apollo Pipes At A Glance APOLLO PIPES - KEY FOCUS AREA Agriculture Segment Water Management Construction Segment Oil & Gas Segment Telecom Ducting Fenestration Segment Industry • Casing pipes • Hot & cold potable water • Sanitation & Sewage Conveying edible oils • Drip irrigation & distribution & tr
Slide 10: Product Portfolio
Product Portfolio Diversified Basket of 3,000+ Products www.apollopipes.com 9
Slide 11: Successful Journey Of Apollo Pipes
Successfull Journey Of Apollo Pipes • Started manufacturing • New manufacturing unit • Commercial PVC uPVC plumbing pipes • Largest plastic Concluded promoter • Introduced eco water Commissioning started in Varanasi. pipe manufacturing fittings with 180 MTPA piping solution infusion of 142 crore tan
Slide 12: Amitabh Bachchan Appointed as Brand Ambassador
1 Amitabh Bachchan Appointed as Brand Ambassador 37 Million Followers Amitabh Bachchan 2 Social Media Reach 36.4 Million Followers Digital Campaign, Packaging promotions 3 etc www.apollopipes.com 11
Slide 13: Tiger Shroff Appointed as Brand Ambassador
1 Tiger Shroff Appointed as Brand Ambassador 2 Launched Tiger Shroff with CPVC-X 1 Million+ Views, 25000 Likes Across Social Media Platforms 26 Million Followers Tiger Shroff 3 Social Media Reach 39.3 Million Followers Digital Campaign, Packaging promotions www.apollopipes.com 4 etc 12
Slide 14: Raveena Tandon Appointed as Brand Ambassador
1 Raveena Tandon Appointed as Brand Ambassador Social RaveenaMedia campaign launched Tandon inFollowers 7.9 Million 2 Q3FY22 continue Social Media Reach to garner good response 8.1 Million Followers Digital Campaign, Packaging promotions 3 etc www.apollopipes.com 13
Slide 15: Digital campaign views and impressions
Views: 1.37 Million Impression: 6.83 Million www.apollopipes.com Views: 6.38 Million Impression: 6.67 Million 14
Slide 16: 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 67th • Evaluating opportunities to install rooftop solar pla
Slide 17: Growth Levers
www.apollopipes.com GROWTH LEVERS 16
Slide 18: Strategic Entry Into Tiles & Ceramics
Strategic Entry Into Tiles & Ceramics Mazzini Tiles LLP acquisition through Apollo Ceramics Limited Priorities for scaling the business 76% ₹40.42 crore ₹300 crore Stake and profit-sharing Acquisition consideration Overall investment plan rights 72 lakh m² Morbi, Gujarat PGVT Installed annual capaci
Slide 19: Strategic Acquisition Of Kisan Mouldings
Strategic Acquisition Of Kisan Mouldings • Established in 1982 with 40+ yr. old legacy brand • Have a capacity of ~58k Ton • Apollo pipes investment amounted to Rs 156 Cr for acquiring majority stake (61.94%) in Kisan. • Wide range of SKU’s including Plastic Pipes and fittings for building and agric
Slide 20: Strategic Venture With Lubrizol Advanced Material
Strategic Venture With Lubrizol Advanced Material Apollo Pipes has entered into a partnership with Lubrizol, for the supply of CPVC Resin manufactured using Lubrizol’s proprietory TempRite® Technology. This collaboration strengthens product performance and documentation standards, and supports spec-
Slide 21: 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 – 3,000+ products
Slide 22: Diversified Product Portfolio
Diversified Product Portfolio with total offerings at 3,000+, 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 23: Capacity Expansion to aid long-term growth plan
Capacity Expansion to aid long-term growth plan Available Capacity 2,40,000 MTPA Ahmedabad, Bengaluru and Raipur www.apollopipes.com line for the value-added products at new locations 22
Slide 24: Macro Growth Drivers
MACRO GROWTH DRIVERS www.apollopipes.com 23
Slide 25: PVC Pipe Industry
PVC Pipe Industry The Indian PVC pipes and fittings market expected to register 15% CAGR during FY25 - FY28 • 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 26: 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 27: Future Outlook
www.apollopipes.com FUTURE OUTLOOK 26
Slide 28: Capacity Expansion Plan
Capacity Expansion Plan Existing capacity Ongoing expansion Organic growth Current capacity Capacity expansion Brownfield expansion 240,000 Ton 20,000 Ton 28,000 Ton Existing Apollo Pipes Ltd plants Greenfield Varanasi Plant 179,000 Ton 18,000 Ton by FY27 Further capacity expansion in Total capacity
Slide 29: 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 30: Operational & Financial Highlights
OPERATIONAL & FINANCIAL HIGHLIGHTS www.apollopipes.com 29
Slide 31: Quarterly Performance (Consol)
Quarterly Performance (Consol) Sales Volume (Tons) Revenue (Rs. Cr) 31,366 347.0 25,315 25,386 295.4 309.6 24,477 24,501 275.0 21,685 235.7 247.2 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 EBITDA (Rs. Cr) PAT (Rs. Cr) 8.1 20.7 18.0 15.8 2.0 1.6 1.0 12.0 11.5
Slide 32: Yearly Performance (Consol)
Yearly Performance (Consol) Volume (Tons) Revenue (Rs. Cr) 99,705 1,03,752 1,182 1,105 81,235 987 915 66,567 784 53,849 48,978 605 FY22 FY23 FY24 FY25 FY26 H1FY27 FY22 FY23 FY24 FY25 FY26 H1FY27 PAT (Rs.Cr) EBITDA (Rs. Cr) 50 93 96 96 43 33 68 66 24 www.apollopipes.com 7 15 (7) FY22 FY23 FY24 FY25 F
Slide 33: Yearly Performance (Consol) - Cash flow, ROE, ROCE
Yearly Performance (Consol) Op. Cashflow (Rs. Cr) Net Working Capital (Days) 68 195 APL 56 (Consol) APL (S'alone) 45 43 40 36 68 64 68 19 40 36 FY22 FY23 FY24 FY25 FY26 H1FY27 FY22 FY23 FY24 FY25 FY26 H1FY27 H1FY27 Net Debt/ (Net cash) (Rs.Cr) ROE (%) ROCE (%) 98 21.1 18.0 40 13.5 13.2 9 7 www.apoll
Slide 34: Profit & Loss Statement (Consol)
Profit & Loss Statement (Consol) Particulars (Rs Cr) Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 FY26 H1FY26 H1FY27 Sales Volume (Ton) 20,152 26,987 25,991 25,315 21,685 25,386 31,366 24,477 24,501 1,03,752 46,999 48,978 Revenue 250 308 315 275 236 247 347 295 310 1,105 511 605 To
Slide 35: Balance Sheet & Cash flow (Consol)
Balance Sheet & Cash flow (Consol) Balance Sheet - Assets (Rs Cr) FY26 H1FY27 Cashflow Statement (Rs Cr) FY26 H1FY27 Cash & Bank Balance 84 19 EBITDA 66 15 Receivables 104 106 Change in receivables -7 -3 Inventories 242 249 Change in Inventory -29 -8 Other current assets 42 45 Change in payables 15
Slide 36: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) Apollo pipes (Ex- Kisan) Kisan Mouldings (Rs Cr) Q2FY27 Q2FY27 Sales Volume (Ton) 20,627 5,131 Total Income From Operations (Net) 253 65 Total Expenditure 239 67 Raw Material expenses 182 50 Employee expense 22 6 Other expenses 35 10 EBITDA 14 (2) EBITDA margin (
Slide 37: Conclusion
CONCLUSION 36 www.apollopipes.com
Slide 38: Key Takeaways
Key Takeaways Increased market presence Target to and improving achieve 25%+ distributor revenue growth network to CAGR over next address demand three years across Leveraging Value-added ‘APL Apollo’ product pan-India Available brand reach Capacity of categories to and recall to 240,000 Ton provide
Slide 39: About Us
About Us 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 de c ad e s of experience in the Indian Pi p e Market, Apoll o Pipes h
Slide 40: Thank You
www.apollopipes.com THANK YOU 39
Slide 41: Press release: Q2FY27 Consolidated Business Performance
Apollo Pipes Limited A- 140, Sector 136. Noida, Uttar Pradesh- 201301 Q2FY27 Consolidated Business Performance Sales volume increased 13% YoY to 24,501 Ton Revenue increased 31%YoY to Rs 3.1 Bn EBITDA decreased 27% YoY to Rs 115 Mn Net Profit increased 24% YoY to Rs 20 Mn Noida, Nov 5, 2026:
Slide 42: 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