Apollo Pipes Ltd (NSE: APOLLOPIPE): Apollo Pipes share price: While Apollo Pipes shares were up more than 9% on Friday last week, Apollo Pipes shares were down quite a bit on Monday.
The shares of the company which has a market capitalization of around 3008 crores of rupees traded at Rs 769.00.
The 52-week peak for Apollo Pipes Limited shares is Rs 798.65 and the 52-week low is Rs 481.
The shares of Apollo Pipes Limited have given an average return of 55 percent to investors during the last year since the lowest point which was Rs 504.
Apollo Pipes shares had fallen to the lowest level of 85 rupees on March 27, 2020, during the Corona crisis.
From that point up to now, the capital of investors has risen by 6 times. Apollo Pipes’ shares have given an impressive return of 27561 percent to investors, up from the tepid amount of Rs 2.83 that was recorded on the 13th of December in 2007.
A renowned research analyst has advised investors to purchase shares in Apollo Pipes Limited above the limit of Rs 800.
He has stated that the Apollo Pipes shares can soon touch the goal of Rs 970.
This means you can earn a return of about 20 percent. He also suggested putting a stop loss limit of Rs 700 in Apollo Pipes’ shares.
He claimed that Apollo Pipes is one of the top 10 piping solutions companies in the nation.
Apollo Pipes is a company that operates in the agriculture and construction, water management infrastructure, telecom, and pipe ducting segments.
Apollo Pipes shares are displaying an amplification breakout after nine months.
The weekly trend line breakout from Apollo Pipes Limited is also receiving assistance from the increase in volume.
MACD and RSI are both pointing to bullishness on Apollo Pipes shares on weekly charts.
A significant price action breakout will be developed in Apollo Pipes’ shares on the daily chart, which is also supported by the amount.
RSI and MACD have formed positive crossovers within Apollo Pipes’ shares which indicates the bullishness of the market.
About Apollo Pipes Ltd Company
Apollo Pipes Limited is a company that manufactures and trades polyvinyl chloride (PVC Pipes) and fittings.
Its products include chlorinated vinyl chloride (CPVC) and unplasticized polyvinyl chloride (UPVC), Fittings high-density polyethylene (HDPE) Pipes, PVC taps, and the storage tank of water.
The company’s products are for plumbing and bath fittings, adhesives and borewell systems, agricultural systems and sewerage systems, and water storage, as well as home solutions.
The segments of the company include sanitation, plumbing, infrastructure, and water supply, oil for agriculture and gas, and construction.
The company has five manufacturing facilities. They are located at Ahmedabad (Gujarat), Dadri and Sikandrabad (UP), Tumkur (Karnataka) as well as Raipur (Chhattisgarh).
The total operating revenues for the business is 914.52 crores. Its capital investments are 39.33 crores.
Fundamental Analysis of Apollo Pipes Ltd
| Market Cap | ₹ 3,066 Cr. |
| Current Price | ₹ 765 |
| 52-wk High | ₹ 798.65 |
| 52-wk Low | ₹ 480.60 |
| Stock P/E | 59 |
| Book Value | ₹ 142 |
| Dividend | 0.08 % |
| ROCE | 8.91 % |
| ROE | 5.53 % |
| Face Value | ₹ 10.0 |
| P/B Value | 5.50 |
| OPM | 10.2 % |
| EPS | ₹ 13.0 |
| Debt | ₹ 2.35 Cr. |
| Debt to Equity | 0.00 |
Apollo Pipes Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹769 | ₹800 |
| 2025 | ₹805 | ₹824 |
| 2026 | ₹832 | ₹850 |
| 2027 | ₹900 | ₹942 |
| 2028 | ₹955 | ₹970 |
| 2029 | ₹1000 | ₹1142 |
| 2030 | ₹1200 | ₹1258 |
Apollo Pipes Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 52.03% |
| Mar 2023 | 52.03% |
| June 2023 | 50.80% |
| Sept 2023 | 50.80% |
| Dec 2023 | 50.80% |
| FII Holding | |
| Dec 2022 | 2.38% |
| Mar 2023 | 2.71% |
| June 2023 | 2.56% |
| Sept 2023 | 2.67% |
| Dec 2023 | 3.23% |
| DII Holding | |
| Dec 2022 | 12.17% |
| Mar 2023 | 12.65% |
| June 2023 | 13.09% |
| Sept 2023 | 14.87% |
| Dec 2023 | 14.70% |
| Public Holding | |
| Dec 2022 | 32.78% |
| Mar 2023 | 32.07% |
| June 2023 | 33.01% |
| Sept 2023 | 31.11% |
| Dec 2023 | 30.74% |
| Others Holding | |
| Dec 2022 | 0.63% |
| Mar 2023 | 0.53% |
| June 2023 | 0.53% |
| Sept 2023 | 0.53% |
| Dec 2023 | 0.53% |
Apollo Pipes Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 362 Cr |
| 2020 | ₹ 408 Cr |
| 2021 | ₹ 518 Cr |
| 2022 | ₹ 784 Cr |
| 2023 | ₹ 983 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 24 Cr |
| 2020 | ₹ 29 Cr |
| 2021 | ₹ 44 Cr |
| 2022 | ₹ 50 Cr |
| 2023 | ₹ 51 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.42 |
| 2020 | 0.25 |
| 2021 | 0.15 |
| 2022 | 0.1 |
| 2023 | 0.1 |
Last 10 Years’ Profit Growth:
| 10 Years: | 52% |
| 5 Years: | 2% |
| 3 Years: | -6% |
| Current Year: | 108% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 10% |
| Last Year: | 6% |
Sales Growth Over 10 Years:
| 10 Years: | 106% |
| 5 Years: | 26% |
| 3 Years: | 31% |
| Current Year: | 8% |
Conclusion
This article is a complete guide about Apollo Pipes Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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