NSEOutcome of Board Meeting5d ago · 5 Nov 2026, 02:55 pm
Outcome of Board Meeting
Apollo Pipes Limited · APOLLOPIPE
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Apollo Pipes Limited has submitted its financial results for the period ended September 30, 2026, with the Board of Directors approving the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026. The results were reviewed by AKGVG & Associates, Chartered Accountants, and the limited review report is attached.
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Apollo Pipes Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
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APOLLOPIPE_05112026145418_OutcomeofBM05112026Signed.pdf
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November 05, 2026
The National Stock Exchange of India Limited Department of Corporate Services/Listing
Exchange Plaza, 5th Floor, BSE Limited
Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort,
Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: APOLLOPIPE SCRIP Code: 531761
Subject: Outcom e of Board Meeting held on November 05, 2026
Dear Sir/ Madam,
Pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the
Company at its meeting held today i.e., Thursday, November 05, 2026, which commenced at 1:25
P.M. and concluded at 2:45 P.M. considered and approved the Unaudited Financial Results
(Standalone and Consolidated) of the Company for the quarter and half year ended September 30,
2026.
The Unaudited Financial Results along with the Limited Review Reports thereon issued by M/s
AKGVG & Associates, Chartered Accountants, the Statutory Auditors of the Company are enclosed
herewith.
The above disclosure along with the enclosures shall be made available on the website of the
Company at www.apollopipes.com.
Kindly take the above information on your records.
Thanking you,
Yours faithfully,
For Apollo Pipes Limited
Gourab Kumar Nayak
Company Secretary and Compliance Officer
Encl: As Above
AKGVG & ASSOCIATES
CHARTERED ACCOUNTANTS
Limited Review Report on Consolidated Unaudited Quarterly and Year to Date Financial Results of the
Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
The Board of Directors
Apollo Pipes Limited
Corp office - A-140, Sector 136,
Noida-201301
. We have reviewed the accompanying statement of Consolidated Unaudited Financial Results of Apollo
Pipes Limited (“the Parent”) and its Subsidiaries (the Parent and its Subsidiaries including Step-down
Subsidiary / Entity together referred to as “the Group”), and its share of the net profit after tax and total
comprehensive income of its Subsidiaries for the quarter and half year ended September 30, 2026 (“the
Statement”), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid down
in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133
of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility
is to express a conclusion on the Statement based on our review.
. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of
Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute
of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain
moderate assurance as to whether the financial statements are free of material misstatements. A review
of interim financial information consists of making inquiries, primarily of persons responsible for financial
and accounting matters, and applying analytical and other review procedures. A review is substantially less
in scope than an audit conducted in accordance with the Standards on Auditing and consequently does not
enable us to obtain assurance that we would be aware of all significant matters that might be identified in
an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
. The financials statements includes results of the following entities :
Sr.No. | Company Name
1. Apollo Pipes Limited (Parent Company)
2. (Subsidiaries and Step-down Subsidiary / Entity)
I. Kisan Moulding Limited
Il. Apollo Ceramics Limited
Il KML Tradelinks Private Limited (Step down subsidiary)
Iv. Mazzini Tiles LLP (Step down entity - LLP)
. Based on the review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying statement of unaudited financial results prepared in accordance with appllcable
Accounting Standards specified under Section 133 of the Companies Act 2013 as amended frglfi{
H.0. : E-1, 2nd Floor, Prashant Vihar, Rohini, Outer Ring Road, Delhi-110085 « Ph. : +91-9811118031, 9818330516, 9818314719 « Tel. : 011-49037920
Branches: AHMEDABAD | BENGALURU | CHANDIGARH | CHENNAI | GURUGRAM | HYDERABAD | MUMBAI
E-mail : info@akgvg.com « Website : www.akgvg.com
AKGVG & ASSOCIATES
CHARTERED ACCOUNTANTS
time read with relevant rules issued thereunder and other accounting principles generally accepted in India,
has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.
6. We did not review the interim financial information of three entities included in the statement, whose
financial information reflects total assets of Rs. 13,816.06 lakhs as at 30" September 2026, and total
revenue of Rs. 316.35 lakhs, total net loss of Rs. 115.98 lakhs and Rs. 116.13 lakhs and total comprehensive
loss of Rs. 115.98 lakhs and Rs. 116.13 lakhs for the quarter ended September 30, 2026 and for the period
from April 01, 2026 to September 30, 2026, respectively, as considered in the consolidated unaudited
financial results. These interim financial statements / financial information / financial results have been
reviewed by other auditors whose reports have been furnished to us by the Management and our
conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of
these entities are based solely on the reports of the other auditors and the procedures performed by us as
stated in paragraph 3 above.
For AKGVG & Associates
Chartered Accountants
ICAI Firm Registration Number:018598N
Aman Aggarwal &
Partner
Membership No :- 515385
UDIN: 2 /2152 25 ZwTaz p78i
Place: New Delhi
Date: 5" November, 2026
H.0. : E-1, 2nd Floor, Prashant Vihar, Rohini, Outer Ring Road, Delhi-110085 « Ph. : +91-9811118031, 9818330516, 9818314719 « Tel. : 011-49037920
Branches : AHMEDABAD | BENGALURU | CHANDIGARH | CHENNAI | GURUGRAM | HYDERABAD | MUMBAI
E-mail : info@akgvg.com + Website : www.akgvg.com
APOLLO PIPES LIMITED
CIN: L65999DLI985PLC022723
Regd. Offic.: 37, Hargobind Enclave, Vikas Merg, Delhi - 110092
Corp Office: A-140, Sector 136, Noida-201301
Website: www.apollopipes.com
Consolidated Statement of Financial Results for the Quarter and Half Year ended Sep 30, 2026
(Rs. In Lakh, except face value and EPS)|
Particulars Quarter ended Sep | Quarter ended | Quarter ended Sep | Half year ended Year ended
30,2026 June 30,2026 30,2025 Sep30,2026 | Sep30,2025 | March31,2026
(Unaudited) (Unaudited) (Unaudited) (Unaudiced) (Unaudited) (Audited)
income
Revenue from operations 30,9400 20,543.49 2357132 60,507.50 5107148 11049155
[Other income and other vains/(losses) 81464 2197 53533 103661 83560 L4171
[Total Income 31,778.65 2976546 24,106.65 6154411 51,907.07 1,11,533.26
Expenses:
[Cost of Materials consumed 2139291 23,053.86 1595508 4444677 3719449 7535227
Purchase of Stock-in-Trade 32947 20946 90736 53893 1,540.48 381688
|C hanges in inventories of finished goods, work-in-
progress and Stock-in-Trade 568.39 (1126.56)] 960.94) (558.17) (.54737)] (1556.33)
[Emgloy ee Benefit Expense 2857.53 277827 2,402.40 563579 476134 10,117.42
Financial Costs 30991 30351 25101 61342 49452 1,042.34
Depreciation and Amorization 1,586.40 1,486.56 1,449.56 3,072.96 2,661.21 5.688.04
Other Expenses 4:665.66 432400 3,690.79 3,989.68 747832 16,112.28
[Total expenses 3171027 31,020.12 23,6957 62,7398 50,562.99 1,10,572.89
[Profit before tax 68.38 (1,26
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