Apollo Pipes Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Apollo Pipes Limited reported challenges in Q2 FY25 due to heavy monsoons and a 17% drop in PVC resin prices, leading to decreased sales volumes and pressure on net margins. Despite these setbacks, they project a 35% revenue growth in H2 compared to H1. The company continues its aggressive capex plans, aiming for nearly 3 lakh metric tons of annual capacity and targeting a return to a debt-free status by FY26. Focus areas include the O-PVC segment and new product lines.