Apollo Pipes: FY26 Profit before tax Rs. 960.38 Lakh, dividend Rs. 0.70/share
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 07 May 2026, 03:31 PM IST · BSE ID: 7b91b85a-9c58-4d46-889a-979237eba427
View Original BSE Filing (PDF)
💡
In Simple Terms
Apollo Pipes' annual profit before tax decreased significantly, and the company announced a dividend and new board chairman.
🤖 AI Summary
- Approved Audited Standalone & Consolidated Financial Results for FY26 and Q4 FY26.
- Consolidated Profit before tax for FY26 was Rs. 960.38 Lakh, down from Rs. 4,542.65 Lakh in FY25.
- Recommended a final dividend of Rs. 0.70/- per equity share (7% on Face Value) for FY26.
- Mr. Sanjay Gupta appointed Additional Director (Non-Executive & Non-Independent) and Chairman, effective May 08, 2026.
- Approved “Apollo Pipes Limited Stock Appreciation Rights Scheme–2026” for 25,00,000 SAR units.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue from operations FY26
Rs. 1,10,491.55 Lakh
-6.50%
Consolidated Revenue from operations FY25
Rs. 1,18,163.54 Lakh
Consolidated Profit before tax FY26
Rs. 960.38 Lakh
-78.86%
Consolidated Profit before tax FY25
Rs. 4,542.65 Lakh
Final Dividend per equity share FY26
Rs. 0.70/-
Total SAR units in Scheme 2026
25,00,000 SAR units
🏢 How This Affects the Company
Consolidated Profit before tax for the financial year ended March 31, 2026, decreased to Rs. 960.38 Lakh from Rs. 4,542.65 Lakh in the prior year. Revenue from operations for FY26 also saw a decline to Rs. 1,10,491.55 Lakh from Rs. 1,18,163.54 Lakh in FY25.
The appointment of Mr. Sanjay Gupta as Chairman and the stepping down of Mr. Sameer Gupta from Chairman to continue as Managing Director represent a leadership change. The approval of the SAR Scheme 2026 aims to incentivize eligible employees and directors.
The decline in annual profit before tax indicates a financial performance challenge compared to the previous fiscal year.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing, except to await further information on the dividend record date.
👤
Who Is Affected
All shareholders as on the record date will be eligible to receive the recommended final dividend of Rs. 0.70/- per equity share. Shareholders will also vote on the SAR Scheme 2026.
🔍
Management Signal
Management is maintaining shareholder returns through a dividend while addressing leadership and employee incentives, despite a decline in annual profitability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Dividend record date — for eligibility of Rs. 0.70/- per share payment.
Shareholder approval for “SAR Scheme 2026” at the upcoming AGM.
Future financial disclosures — to assess ongoing profit and revenue trends.
MEDIUM RISK
Substantial decline in both revenue and profit before tax for the full financial year 2026.
💡 Investor Takeaway
Apollo Pipes Ltd reported Consolidated Profit before tax of Rs. 960.38 Lakh for FY26, a decline from Rs. 4,542.65 Lakh in FY25. Revenue from operations for FY26 was Rs. 1,10,491.55 Lakh. A final dividend of Rs. 0.70/- per equity share was recommended for FY26.
⚖️ Strengths & Concerns
✅ Positives
- Board recommended a final dividend of Rs. 0.70/- per equity share (7% on Face Value) for FY26, indicating shareholder distribution.
- Introduction of the “Apollo Pipes Limited Stock Appreciation Rights Scheme–2026” with 25,00,000 SAR units for employee retention.
⚠️ Concerns
- Consolidated Profit before tax for FY26 declined significantly to Rs. 960.38 Lakh from Rs. 4,542.65 Lakh in FY25.
- Consolidated Revenue from operations for FY26 decreased to Rs. 1,10,491.55 Lakh from Rs. 1,18,163.54 Lakh in FY25.
📅 Company Track Record
Apollo Pipes Ltd previously announced its Board meeting on April 30, 2026, to approve FY26 results and dividend. On May 7, 2026, it confirmed the consolidated profit before tax declined to Rs. 960.38 Lakh for FY26 and recommended a Rs. 0.70/share dividend.
Based on publicly available historical data. For context only.