Apollo Pipes Limited has released the audio recording of its conference call with investors and analysts, which was held on July 31, 2026, to discuss the company’s unaudited financial results for the quarter ended June 30, 2026. The disclosure ensures transparency and allows stakeholders to review management’s commentary on the latest quarterly performance.

The company submitted the link to the audio recording to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory requirement mandates that listed entities provide access to such recordings for public scrutiny.

The conference call took place on Friday, July 31, 2026, at 01:00 P.M. (IST). It was scheduled following an intimation issued by the company on July 28, 2026. The primary agenda of the call was to present and discuss the financial outcomes for the quarter ending June 30, 2026.

Disclosures and Compliance

Gourab Kumar Nayak, Company Secretary and Compliance Officer at Apollo Pipes Limited, signed the communication dated July 31, 2026. The filing directs investors to the company’s website for access to the recording.

The company maintains its registered office in Delhi and corporate office in Noida, with manufacturing units located in Dadri, Sikandrabad, Ahmedabad, Tumkur, and Raipur.

Apollo Pipes reported a consolidated net loss of ₹8.6 crore for the quarter ended June 30, 2026, widening from a profit of ₹8.1 crore in the corresponding period of the previous fiscal year. Revenue from operations grew by 7% year-on-year to ₹295.4 crore, but sales volume declined by 3% to 24,477 metric tons. Managing Director Sameer Gupta attributed the performance to sharp fluctuations in polymer prices and inventory rationalization by channel partners following a steep price correction in April.

The Board of Directors approved the unaudited financial results on July 30, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by M/s AKGVG & Associates, Chartered Accountants, the statutory auditors of the company. The disclosure includes both standalone and consolidated figures, incorporating the performance of subsidiaries Kisan Mouldings Limited and KML Tradelinks Private Limited.

Financial Performance Overview

Total income stood at ₹295.4 crore, while total expenses pressured margins, resulting in an EBITDA of just ₹3.0 crore, down 85% year-on-year. EBITDA margin contracted by 649 basis points to 1.0%. Cash profit fell by 69% year-on-year to ₹6.3 crore. On a standalone basis, Apollo Pipes reported a net loss of ₹4.4 crore against a loss of ₹6.7 crore in Q1FY26, with standalone revenue at ₹244 crore.

Strategic Outlook and Capacity Expansion

Despite near-term headwinds, the company outlined a robust growth strategy targeting a revenue growth of over 25% in FY27. A key focus is expanding annual capacity from the current 240,000 Ton to 288,000 Ton within two years. This includes a greenfield plant in Varanasi adding 18,000 Ton by FY27 and brownfield expansions totaling 28,000 Ton. The company also highlighted its strategic partnership with Lubrizol Advanced Materials for CPVC resin supply using TempRite® Technology, aiming to improve mix and brand lift in institutional projects.

What the Numbers Show

The divergence between top-line growth and volume decline suggests a potential improvement in average selling prices or product mix, offsetting lower unit sales. However, the severe compression in EBITDA margins indicates that input cost volatility has not been fully passed on to customers. With net debt rising to ₹59 crore from net cash of ₹40 crore in FY26, management’s commitment to funding expansion via internal cash flows will be critical to maintaining balance sheet health as demand normalizes in H2FY27.