Apollo Pipes Ltd. · NSE:APOLLOPIPE
Apollo Pipes — Q4 FY26 Earnings Presentation
39 slides from Apollo Pipes's earnings presentation, May 7, 2026
Slide 1: Exchange filing cover letter
May 07, 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: APOLLO
Slide 2: Q4FY26 Earnings Presentation
APOLLO PIPES LTD. Q4FY26 EARNINGS PRESENTATION May 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 Q4FY26 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 17% 24% 16% www.apollopipes.com 3,000+ 5-year Sales Volume 5-year Revenue 5-year EBITDA SKU’s CAGR (FY20-25) CAGR (FY20-25) CAGR (FY20-25) 5
Slide 7: Q4FY26 at a Glance
Q4FY26 AT A GLANCE ₹347 Cr 31,366MT ₹18.0 Cr 5.2% Sales Volume EBITDA EBITDA Margin Revenue 21% YoY increase 25% YoY decrease 244bps YoY decrease 10% YoY increase 24% QoQ increase 50% QoQ increase 34bps QoQ increase 40% QoQ increase ₹1.0 Cr ₹16.0Cr 1.1% 0.8% Profit Cash Profit ROCE ROE (Rs 3.3 Cr lo
Slide 8: FY26 at a Glance
FY26 AT A GLANCE ₹1,104.9 Cr 1,03,752 ₹66.5 Cr 6.0% EBITDA EBITDA Margin Revenue MT 31% YoY decrease 208bps YoY decrease 6%YoY decrease Sales Volume 4% YoY increase ₹7.5 Cr ₹64.4Cr 1.1% 0.8% PAT Cash Profit ROCE ROE 77% YoY decrease 17% YoY decrease 4.2% in FY25 6.6% in FY25 www.apollopipes.com ₹40C
Slide 9: Apollo Pipes 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 pipes Conveying edible oils and • Drip irrigation & distrib
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 • 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: 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 40.4 Million Followers www.apollopipes.com Digital Campaign, Packaging promotions 4 etc 11
Slide 13: Raveena Tandon Appointed as Brand Ambassador
1 Raveena Tandon Appointed as Brand Ambassador Social RaveenaMedia campaign launched Tandon inFollowers 7.9 Million 2 Q3FY22 Social continue Media Reach to garner good response 8.3 Million Followers Digital Campaign, Packaging promotions 3 etc www.apollopipes.com 12
Slide 14: 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 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 ~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 17: 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 18: 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 19: 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 20: 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 19
Slide 21: Macro Growth Drivers
MACRO GROWTH DRIVERS www.apollopipes.com 20
Slide 22: 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 23: 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 24: Future Outlook
www.apollopipes.com FUTURE OUTLOOK 23
Slide 25: 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 26: 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 27: Operational & Financial Highlights
OPERATIONAL & FINANCIAL HIGHLIGHTS www.apollopipes.com 26
Slide 28: Quarterly Performance (Consol)
Quarterly Performance (Consol) Sales Volume (Tons) Revenue (Rs. Cr) 31,366 347.0 26,987 25,991 25,386 307.9 314.8 25,315 275.0 21,685 235.7 247.2 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 EBITDA (Rs. Cr) PAT (Rs. Cr) 23.3 24.0 20.7 9.8 18.0 8.1 15.8 6.2 12.0
Slide 29: Yearly Performance (Consol)
Yearly Performance (Consol) Volume (Tons) Revenue (Rs. Cr) 99,705 1,03,752 1,182 1,105 81,235 987 66,567 915 784 53,849 47,333 518 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 EBITDA (Rs. Cr) PAT (Rs.Cr) 93 96 96 50 44 43 74 68 66 33 24 www.apollopipes.com 7 FY21 FY22 FY23 FY24 FY25 F
Slide 30: Yearly Performance (Consol): Working Capital, Cash Flow, Returns
Yearly Performance (Consol) Net Working Capital (Days) Op. Cashflow (Rs. Cr) 74 68 APL 195 56 (Consol) APL (S'alone) 45 39 36 68 64 69 19 47 40 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY26 ROE (%) ROCE (%) Net Debt/ (Net cash) (Rs.Cr) 21.1 40 18.0 9 7 13.5 13.2 Net cash www.apoll
Slide 31: Profit & Loss Statement (Consol)
Profit & Loss Statement (Consol) Particulars (Rs Cr) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 FY25 FY26 Sales Volume (Ton) 26,575 20,152 26,987 25,991 25,315 21,685 25,386 31,366 99,705 1,03,752 Revenue 308 250 308 315 275 236 247 347 1,182 1,105 Total Expenditure 280 231 285 291 254
Slide 32: Balance Sheet & Cash flow (Consol)
Balance Sheet & Cash flow (Consol) Balance Sheet - Assets (Rs Cr) FY25 FY26 Cashflow Statement (Rs Cr) FY25 FY26 Cash & Bank Balance 138 84 EBITDA 96 66 Receivables 95 104 Change in receivables -18 -7 Inventories 213 242 Change in Inventory -14 -29 Other current assets 45 42 Change in payables -21 1
Slide 33: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) Apollo pipes (Ex- Kisan) Kisan Mouldings (Rs Cr) Q4FY26 Q4FY26 Sales Volume (Ton) 25,873 6,975 Total Income From Operations (Net) 279 81 Total Expenditure 259 82 Raw Material expenses 203 61 Employee expense 19 8 Other expenses 36 13 EBITDA 19 (1) EBITDA margin (
Slide 34: Conclusion
CONCLUSION 33 www.apollopipes.com
Slide 35: 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 240,000 Ton to provide imp
Slide 36: 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 37: Thank You
www.apollopipes.com THANK YOU 36
Slide 38: Press Release: Q4FY26 and FY26 results
Apollo Pipes Limited A- 140, Sector 136. Noida, Uttar Pradesh- 201301 Q4FY26 Consolidated Business Performance • Sales volume increased 21% YoY to 31,366 Ton • Revenue increased 10% YoY to Rs 3.5 Bn • EBITDA decreased 25% YoY to Rs 180 Mn • Net Profit decreased by 90% to Rs 10 Mn Noida, May 7, 2026:
Slide 39: 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