BSE:531761

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with acceptable track record.


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

Stable Share Price: 531761's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.9%

531761

0.8%

IN Building

1.8%

IN Market


1 Year Return

-24.9%

531761

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 531761 exceeded the Indian Building industry which returned -39.6% over the past year.

Return vs Market: 531761 underperformed the Indian Market which returned -23.7% over the past year.


Shareholder returns

531761IndustryMarket
7 Day0.9%0.8%1.8%
30 Day7.4%-8.6%-0.5%
90 Day-31.9%-35.8%-22.2%
1 Year-24.7%-24.9%-37.1%-39.6%-22.2%-23.7%
3 Year-12.1%-12.4%-28.1%-32.5%-12.1%-16.8%
5 Year126.3%125.7%25.1%12.4%4.5%-5.7%

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

2 years ago | Simply Wall St

Top BSE High Growth Stock

2 years ago | Simply Wall St

Top BSE High Growth Stock

2 years ago | Simply Wall St

Top BSE High Growth Stock

Valuation

Is Apollo Pipes undervalued compared to its fair value and its price relative to the market?

13.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 531761 (₹300.35) is trading above our estimate of fair value (₹7.47)

Significantly Below Fair Value: 531761 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 531761 is poor value based on its PE Ratio (13.8x) compared to the Building industry average (8.1x).

PE vs Market: 531761 is poor value based on its PE Ratio (13.8x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531761's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531761 is overvalued based on its PB Ratio (1.3x) compared to the IN Building industry average (0.6x).


Next Steps

Future Growth

How is Apollo Pipes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Apollo Pipes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Apollo Pipes performed over the past 5 years?

40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531761 has a high level of non-cash earnings.

Growing Profit Margin: 531761's current net profit margins (7%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: 531761's earnings have grown significantly by 40% per year over the past 5 years.

Accelerating Growth: 531761's earnings growth over the past year (19.1%) is below its 5-year average (40% per year).

Earnings vs Industry: 531761 earnings growth over the past year (19.1%) exceeded the Building industry 1.2%.


Return on Equity

High ROE: 531761's Return on Equity (9.3%) is considered low.


Next Steps

Financial Health

How is Apollo Pipes's financial position?


Financial Position Analysis

Short Term Liabilities: 531761's short term assets (₹2.9B) exceed its short term liabilities (₹1.4B).

Long Term Liabilities: 531761's short term assets (₹2.9B) exceed its long term liabilities (₹331.7M).


Debt to Equity History and Analysis

Debt Level: 531761's debt to equity ratio (25.3%) is considered satisfactory.

Reducing Debt: 531761's debt to equity ratio has reduced from 99.8% to 25.3% over the past 5 years.

Debt Coverage: 531761's debt is not well covered by operating cash flow (16%).

Interest Coverage: 531761's interest payments on its debt are well covered by EBIT (5.5x coverage).


Balance Sheet


Next Steps

Dividend

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

0.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 531761's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.86%).

High Dividend: 531761's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).


Stability and Growth of Payments

Stable Dividend: 531761 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 531761 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 531761 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531761's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Sameer Gupta (42yo)

no data

Tenure

₹11,980,000

Compensation

Mr. Sameer Gupta has been Managing Director of Apollo Pipes Ltd. since April 1, 2015 and serves as its Director since January 5, 2011. Mr. Gupta serves as the Chairman of Amulya Leasing & Finance Ltd and h ...


CEO Compensation Analysis

Compensation vs Market: Sameer's total compensation ($USD157.95K) is above average for companies of similar size in the Indian market ($USD50.17K).

Compensation vs Earnings: Sameer's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Sameer Gupta
MD & Directorno data₹11.98m24.59% 1.0b
Neeru Abrol
Non-Executive Independent Director2.33yrs₹375.00kno data
Sanjay Gupta
Non-Executive Chairman of the Boardno datano data1.23% 50.1m
Pradeep Jain
Non-Executive Independent Director2.33yrs₹250.00kno data
Saket Agarwal
Non-Executive & Non-Independent Director1.17yrsno data2.02% 82.1m

2.3yrs

Average Tenure

48yo

Average Age

Experienced Board: 531761's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 531761 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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: ₹4.072b
  • Shares outstanding: 13.11m
  • Website: https://www.apollopipes.com

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
APOLLOPIPENSEI (National Stock Exchange of India)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, HDPE, and UPVC pipes and fittings; and PLB ducts, sewerage pipes, solvent cement, and sprinkler systems. The company also provides faucets, showers, and other accessories. Its products are used in civil infrastructure, industrial, agriculture, and building and construction industries. The company was formerly known as Amulya Leasing and Finance Limited and changed its name to Apollo Pipes Limited in December 2017. Apollo Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 13:04
End of Day Share Price2020/05/26 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.