BSE:531761

Stock Analysis Report

Executive Summary

Apollo Pipes Limited develops, manufactures, and sells a range of pipes under the APL Apollo brand name in India and internationally.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.

Risks

  • Apollo Pipes is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Apollo Pipes's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

BSE:531761

-1.3%

IN Building

-0.7%

IN Market


1 Year Return

-34.9%

BSE:531761

-12.8%

IN Building

-12.1%

IN Market

531761 underperformed the Building industry which returned -13% over the past year.

531761 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

531761IndustryMarket
7 Day-3.1%-1.3%-0.7%
30 Day-8.9%-8.3%-4.6%
90 Day-5.7%-10.8%-4.3%
1 Year-34.9%-34.9%-12.3%-12.8%-10.3%-12.1%
3 Year69.6%69.6%16.3%14.2%18.9%12.8%
5 Year298.2%298.2%84.7%78.5%37.6%24.7%

Price Volatility Vs. Market

How volatile is Apollo Pipes's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 year ago | Simply Wall St

Top BSE High Growth Stock

1 year ago | Simply Wall St

Top BSE High Growth Stock

1 year ago | Simply Wall St

Top BSE High Growth Stock

Valuation

Is Apollo Pipes undervalued based on future cash flows and its price relative to the stock market?

17.33x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Apollo Pipes's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Apollo Pipes's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Apollo Pipes is good value based on earnings compared to the IN Building industry average.

Apollo Pipes is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Apollo Pipes is good value based on expected growth next year.


Price Based on Value of Assets

Apollo Pipes is overvalued based on assets compared to the IN Building industry average.


Next Steps

Future Growth

How is Apollo Pipes expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Apollo Pipes's revenue is expected to grow by 13.2% yearly, however this is not considered high growth (20% yearly).

Apollo Pipes's earnings are expected to grow significantly at over 20% yearly.

Apollo Pipes's revenue growth is expected to exceed the India market average.

Apollo Pipes's earnings growth is expected to exceed the India market average.

Apollo Pipes's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Apollo Pipes will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Apollo Pipes performed over the past 5 years?

51.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Apollo Pipes has delivered over 20% year on year earnings growth in the past 5 years.

Apollo Pipes's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Apollo Pipes's 1-year earnings growth is negative, it can't be compared to the IN Building industry average.


Return on Equity

Apollo Pipes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Apollo Pipes used its assets more efficiently than the IN Building industry average last year based on Return on Assets.


Return on Capital Employed

Apollo Pipes's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Apollo Pipes's financial position?


Financial Position Analysis

Apollo Pipes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Apollo Pipes's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Apollo Pipes's level of debt (51.6%) compared to net worth is high (greater than 40%).

Unable to establish if Apollo Pipes's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (81%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.1x debt.


Next Steps

Dividend

What is Apollo Pipes's current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield and Payments Analysis

Apollo Pipes's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.63%).

Apollo Pipes's dividend is below the markets top 25% of dividend payers in India (2.52%).

Apollo Pipes is not paying a notable dividend for India, therefore no need to check if the payments are stable.

Apollo Pipes is not paying a notable dividend for India, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Apollo Pipes's dividends as it is not paying a notable one for India.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Apollo Pipes's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average board tenure


CEO

Apollo Pipes has no CEO, or we have no data on them.


Board Age and Tenure

1.6yrs

Average Tenure

56yo

Average Age

The average tenure for the Apollo Pipes board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹449,662,47704 Apr 19
Sameer Gupta
EntityIndividual
Role
Managing Director
Member of the Board of Directors
Shares1,125,000
Max Price₹399.70
Buy₹203,751,25108 Oct 18
Meenakshi Gupta
EntityIndividual
Shares475,000
Max Price₹428.95
Buy₹203,751,25108 Oct 18
Sameer Gupta
EntityIndividual
Role
Managing Director
Member of the Board of Directors
Shares475,000
Max Price₹428.95

Ownership Breakdown


Management Team

  • Sameer Gupta (42yo)

    Managing Director

    • Tenure: 4.3yrs
    • Compensation: 11.98m
  • Ajay Jain

    CFO, Compliance Officer & Company Secretary

    • Tenure: 4.5yrs
    • Compensation: 1.45m

Board Members

  • Neeru Abrol (65yo)

    Independent Director

    • Tenure: 1.6yrs
  • Ramesh Jindal (71yo)

    Additional Non Executive & Independent Director

    • Tenure: 0.4yrs
  • Sanjay Gupta (48yo)

    Chairman & Non-Executive Director

  • Pradeep Jain (64yo)

    Independent Director

    • Tenure: 1.6yrs
  • Sameer Gupta (42yo)

    Managing Director

    • Tenure: 8.6yrs
    • Compensation: 11.98m
  • Saket Agarwal (46yo)

    Additional Non Executive & Non-independent Director

    • Tenure: 0.4yrs

Company Information

Apollo Pipes Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Apollo Pipes Limited
  • Ticker: 531761
  • Exchange: BSE
  • Founded: 1985
  • Industry: building products
  • Sector: capital goods
  • Market Cap: ₹4.719b
  • Shares outstanding: 13.11m
  • Website: Click here

Number of Employees


Location

  • Apollo Pipes Limited
  • 37, Hargobind Enclave
  • Vikas Marg
  • New Delhi
  • Delhi
  • 110092
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531761BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2009

Biography

Apollo Pipes Limited develops, manufactures, and sells a range of pipes under the APL Apollo brand name in India and internationally. It offers CPVC, SWR, and UPVC pipes and fittings; HDPE products, includ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:46
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.