Apollo Pipes Limited announced its audited financial results for the quarter and year ended March 31, 2026. For the fourth quarter of FY26, consolidated sales volume increased by 21% year-on-year to 31,366 metric tons. Revenue saw a 10% year-on-year rise to ₹3.5 Bn (₹350 crore). However, EBITDA decreased by 25% year-on-year to ₹180 Mn (₹18 crore), and Net Profit decreased by 90% to ₹10 Mn (₹1 crore). For the full fiscal year FY26, consolidated sales volume increased by 4% year-on-year to 103,752 metric tons. Revenue decreased by 6% year-on-year to ₹11.0 Bn (₹1,100 crore). EBITDA decreased by 31% year-on-year to ₹665 Mn (₹66.5 crore), and PAT decreased by 77% year-on-year to ₹75 Mn (₹7.5 crore). Mr. Sameer Gupta, Chairman cum Managing Director, commented that the company navigated a challenging year for the construction material industry, impacted by raw material price volatility, unseasonal rainfall, subdued infrastructure spending, and global geopolitical tensions. He expressed confidence in delivering a significantly better performance in FY27 as PVC prices stabilize and highlighted the robust pipeline of new and value-added products. The company remains on track to expand its annual capacity to 288,000 Ton in the next two years from the current 240,000 Ton, funded by internal cash flow generation.
