Apollo Pipes Limited Overview
Pro stress-test →Apollo Pipes is engaged in manufacturing and trading of cPVC, uPVC, and HDPE pipes, PVC taps, fittings, water storage tank and solvent and is among the top 10 leading piping solution providing companies in India. The products cater to industrial applications such as Agriculture, Water Management, Construction, Infrastructure, and Telecom ducting segments.
Strategic Profile
Pro stress-test →Apollo Pipes is strategically pivoting towards the housing plumbing segment, anticipating a recovery in demand, and is expanding its operational capacity with a new facility in Varanasi, targeting underserved markets. The company is almost debt free, providing financial flexibility for growth initiatives.
Competitive Landscape
Pro stress-test →Apollo Pipes competes with peers including Supreme Industries Ltd, Astral Ltd, Finolex Industries Ltd, Safari Industries, Time Technoplast Ltd, and Shaily Engineering Plastics Ltd. Apollo maintains a top-10 position but faces margin pressures from commodity price volatility and oversupply in traditional segments.
Industry Context
Apollo Pipes Limited operates in Plastic Products - PVC Piping Systems & Fittings.
Key facts
Founded: 1985 · Headquarters: New Delhi, India · Revenue: ₹1,073 Cr · Market cap: ₹1,460 Cr