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APOL

Apollo Pipes NSEI:APOLLOPIPE Stock Report

Last Price

₹417.05

Market Cap

₹16.4b

7D

-3.9%

1Y

23.6%

Updated

24 Jun, 2022

Data

Company Financials
APOLLOPIPE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends1/6

APOLLOPIPE Stock Overview

Apollo Pipes Limited engages in the manufacturing and trading of polyvinyl chloride (PVC) pipes and fittings under the APL Apollo brand name in India and internationally.

Rewards

Earnings have grown 30.2% per year over the past 5 years

Risk Analysis

No risks detected for APOLLOPIPE from our risk checks.

Apollo Pipes Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Apollo Pipes
Historical stock prices
Current Share Price₹417.05
52 Week High₹679.00
52 Week Low₹320.42
Beta1.2
1 Month Change-15.55%
3 Month Change-16.48%
1 Year Change23.64%
3 Year Changen/a
5 Year Changen/a
Change since IPO232.53%

Recent News & Updates

Jun 14
These 4 Measures Indicate That Apollo Pipes (NSE:APOLLOPIPE) Is Using Debt Reasonably Well

These 4 Measures Indicate That Apollo Pipes (NSE:APOLLOPIPE) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

May 13
Returns On Capital At Apollo Pipes (NSE:APOLLOPIPE) Paint A Concerning Picture

Returns On Capital At Apollo Pipes (NSE:APOLLOPIPE) Paint A Concerning Picture

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...

Shareholder Returns

APOLLOPIPEIN BuildingIN Market
7D-3.9%-0.02%0.1%
1Y23.6%-7.8%-1.7%

Return vs Industry: APOLLOPIPE exceeded the Indian Building industry which returned -7.8% over the past year.

Return vs Market: APOLLOPIPE exceeded the Indian Market which returned -1.7% over the past year.

Price Volatility

Is APOLLOPIPE's price volatile compared to industry and market?
APOLLOPIPE volatility
APOLLOPIPE Average Weekly Movement7.1%
Building Industry Average Movement7.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.5%

Stable Share Price: APOLLOPIPE is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: APOLLOPIPE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985542Sameer Guptahttps://www.apollopipes.com

Apollo Pipes Limited engages in the manufacturing and trading of polyvinyl chloride (PVC) pipes and fittings under the APL Apollo brand name in India and internationally. The company offers cPVC, uPVC, HDPE, and UPVC pipes and fittings; sprinkler and drainage systems; bath fittings, including faucets, cisterns, showers, seat covers, and other accessories; and solvent cement. Its products are used in urban infrastructure and construction, water management, and agriculture applications.

Apollo Pipes Fundamentals Summary

How do Apollo Pipes's earnings and revenue compare to its market cap?
APOLLOPIPE fundamental statistics
Market Cap₹16.41b
Earnings (TTM)₹497.65m
Revenue (TTM)₹7.84b

33.0x

P/E Ratio

2.1x

P/S Ratio

Is APOLLOPIPE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
APOLLOPIPE income statement (TTM)
Revenue₹7.84b
Cost of Revenue₹5.73b
Gross Profit₹2.11b
Other Expenses₹1.61b
Earnings₹497.65m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)12.65
Gross Margin26.90%
Net Profit Margin6.35%
Debt/Equity Ratio9.5%

How did APOLLOPIPE perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

8%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is APOLLOPIPE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for APOLLOPIPE?

Other financial metrics that can be useful for relative valuation.

APOLLOPIPE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA17.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does APOLLOPIPE's PE Ratio compare to its peers?

APOLLOPIPE PE Ratio vs Peers
The above table shows the PE ratio for APOLLOPIPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.3x

Price-To-Earnings vs Peers: APOLLOPIPE is expensive based on its Price-To-Earnings Ratio (33x) compared to the peer average (19.3x).


Price to Earnings Ratio vs Industry

How does APOLLOPIPE's PE Ratio compare vs other companies in the Indian Building Industry?

Price-To-Earnings vs Industry: APOLLOPIPE is expensive based on its Price-To-Earnings Ratio (33x) compared to the Indian Building industry average (21.9x)


Price to Earnings Ratio vs Fair Ratio

What is APOLLOPIPE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

APOLLOPIPE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate APOLLOPIPE's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of APOLLOPIPE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: APOLLOPIPE (₹417.05) is trading above our estimate of fair value (₹12.19)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.4%

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.


Discover growth companies

  • Examine Apollo Pipes's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Apollo Pipes competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Apollo Pipes performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: APOLLOPIPE has high quality earnings.

Growing Profit Margin: APOLLOPIPE's current net profit margins (6.3%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: APOLLOPIPE's earnings have grown significantly by 30.2% per year over the past 5 years.

Accelerating Growth: APOLLOPIPE's earnings growth over the past year (11.9%) is below its 5-year average (30.2% per year).

Earnings vs Industry: APOLLOPIPE earnings growth over the past year (11.9%) underperformed the Building industry 32.7%.


Return on Equity

High ROE: APOLLOPIPE's Return on Equity (12.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Apollo Pipes's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: APOLLOPIPE's short term assets (₹2.8B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: APOLLOPIPE's short term assets (₹2.8B) exceed its long term liabilities (₹121.6M).


Debt to Equity History and Analysis

Debt Level: APOLLOPIPE has more cash than its total debt.

Reducing Debt: APOLLOPIPE's debt to equity ratio has reduced from 28.6% to 9.5% over the past 5 years.

Debt Coverage: APOLLOPIPE's debt is well covered by operating cash flow (94%).

Interest Coverage: APOLLOPIPE's interest payments on its debt are well covered by EBIT (15.8x coverage).


Balance Sheet


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Dividend

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

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.24%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: APOLLOPIPE's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: APOLLOPIPE's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).


Stability and Growth of Payments

Stable Dividend: APOLLOPIPE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: APOLLOPIPE's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7.9%), APOLLOPIPE's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: APOLLOPIPE is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

7.2yrs

Average management tenure


CEO

Sameer Gupta (44 yo)

7.17yrs

Tenure

₹11,650,000

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Sameer's total compensation ($USD149.04K) is about average for companies of similar size in the Indian market ($USD202.54K).

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


Leadership Team

Experienced Management: APOLLOPIPE's management team is seasoned and experienced (7.2 years average tenure).


Board Members

Experienced Board: APOLLOPIPE's board of directors are considered experienced (4.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Apollo Pipes Limited
  • Ticker: APOLLOPIPE
  • Exchange: NSEI
  • Founded: 1985
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: ₹16.410b
  • Shares outstanding: 39.33m
  • Website: https://www.apollopipes.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.