Apollo Pipes Limited — Investor Meet, 03-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Apollo Pipes recorded flat Q1 FY27 sales volume YoY, with normalized consolidated EBITDA margins at 7%, impacted by PVC price volatility and inventory write-downs. Management anticipates a stronger H2, targeting high double-digit volume growth and 7-8% consolidated EBITDA margins for FY27. PVC prices are stabilizing due to Minimum Import Price. Key growth drivers include ramping up Varanasi and Maharashtra plants and new product lines like window profiles, aiming for 7-8% revenue contribution. The company’s long-term vision is to achieve Rs. 5000 Cr revenue by FY31 with 25% Return on Capital, supported by strategic expansions and working capital efficiencies. The outlook is confident, banking on market recovery.