Apollo Pipes balance sheet

As of Mar 2026

Total assets: ₹1,286cr+4.6% on Mar 2025
Shareholders' equity: ₹893cr+1.5% on Mar 2025
Total debt: ₹123cr+34.5% on Mar 2025
Cash and investments: ₹82.2cr−37.3% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	530	515	457	260
	89.7	37.3	8.4	5.6
	31.0	31.0	0.0	—
	10.1	9.0	31.2	21.0
	68.5	64.9	51.6	40.1
	8.0	5.4	4.1	2.9
	76.4	70.3	55.7	—
	38.2	38.2	38.2	—
	39.1	37.9	49.5	—
	815	739	640	332
	242	213	199	171
	104	95.0	79.6	65.8
	82.2	131	54.4	33.9
	1.7	6.6	1.6	—
	3.3	3.8	3.6	3.8
	1.9	7.6	6.1	—
	193	244	145	104
	36.9	32.1	23.7	54.8
	471	489	368	330
	0.0	1.3	3.3	—
	1,286	1,229	1,011	662
Equity
	44.0	44.0	39.4	39.3
	775	749	535	418
	819	793	574	457
	73.9	87.3	94.0	—
	893	880	668	457
Liabilities
	28.2	41.3	1.7	—
	0.5	0.1	0.2	—
	28.7	41.4	1.9	—
	8.5	7.1	5.8	1.9
	10.9	12.4	10.3	4.4
	48.2	60.9	18.1	—
	95.2	50.5	61.5	43.7
	191	174	167	—
	28.6	31.0	48.5	15.5
	315	256	277	—
	1.8	12.1	7.9	—
	1.0	1.6	1.3	1.9
	26.9	18.7	38.3	18.9
	345	288	324	198
	393	349	343	205
	1,286	1,229	1,011	662
Trade payables — MSME split
	29.7	6.8	—	—
	162	168	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

APOLLOPIPE₹490.00

Apollo Pipes Limited

· Capital Goods & Defence

₹ CrorePeersPRINCEPIPE JISLJALEQS JAICORPLTD PREMIERPOL KINGFAKRITI TAINWALCHMMcap ₹2,158 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	259.7	456.7	515.0	530.4	530.4
+ Capital Work-in-Progress	5.6	8.4	37.3	89.7	89.7
+ Goodwill	—	0.0	31.0	31.0	31.0
+ Other Intangibles	21.0	31.2	9.0	10.1	10.1
+ Non-current Investments	40.1	51.6	64.9	68.5	68.5
+ Other Non-current Financial Assets	2.9	4.1	5.4	8.0	8.0
Non-current Financial Assets	—	55.7	70.3	76.4	76.4
+ Deferred Tax Assets	—	38.2	38.2	38.2	38.2
+ Other Non-current Assets	—	49.5	37.9	39.1	39.1
Total Non-current Assets	331.7	639.6	738.7	814.9	814.9
Current Assets
+ Inventories	170.8	198.7	213.0	241.7	241.7
+ Trade Receivables	65.8	79.6	95.0	103.5	103.5
+ Cash & Cash Equivalents	33.9	54.4	131.1	82.2	82.2
+ Other Bank Balances	—	1.6	6.6	1.7	1.7
+ Short-term Loans	3.8	3.6	3.8	3.3	3.3
+ Other Current Financial Assets	—	6.1	7.6	1.9	1.9
Current Financial Assets	104.0	145.3	244.2	192.5	192.5
+ Other Current Assets	54.8	23.7	32.1	36.9	36.9
Total Current Assets	330.3	367.7	489.3	471.2	471.2
+ Assets Held for Sale	—	3.3	1.3	0.0	0.0
Total Assets	662.0	1,010.6	1,229.3	1,286.1	1,286.1
Equity
+ Equity Share Capital	39.3	39.4	44.0	44.0	44.0
+ Other Equity / Reserves	417.9	534.7	748.7	775.1	775.1
Equity — Owners of Parent	457.2	574.0	792.8	819.1	819.1
+ Minority Interest	—	94.0	87.3	73.9	73.9
Total Equity	457.2	668.1	880.0	893.0	893.0
Liabilities
+ Borrowings — Non-current	—	1.7	41.3	28.2	28.2
+ Other Non-current Financial Liab	—	0.2	0.1	0.5	0.5
Non-current Financial Liabilities	—	1.9	41.4	28.7	28.7
+ Provisions — Non-current	1.9	5.8	7.1	8.5	8.5
+ Deferred Tax Liabilities	4.4	10.3	12.4	10.9	10.9
Non-current Liabilities	—	18.1	60.9	48.2	48.2
+ Borrowings — Current	43.7	61.5	50.5	95.2	95.2
+ Trade Payables	—	166.9	174.4	191.4	191.4
+ Other Current Financial Liab	15.5	48.5	31.0	28.6	28.6
Current Financial Liabilities	—	276.9	255.9	315.2	315.2
+ Provisions — Current	—	7.9	12.1	1.8	1.8
+ Current Tax Liabilities	1.9	1.3	1.6	1.0	1.0
+ Other Current Liabilities	18.9	38.3	18.7	26.9	26.9
Current Liabilities	198.4	324.4	288.4	344.9	344.9
Total Liabilities	204.7	342.5	349.3	393.1	393.1
Total Equity & Liabilities	662.0	1,010.6	1,229.3	1,286.1	1,286.1
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	6.8	29.7	29.7
+ Dues to Other Creditors — Current	—	—	167.7	161.7	161.7

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.