Apollo Pipes experiences a significant drop in quarterly net profit, with earnings falling from ₹98 crore last year to just ₹10 crore in Q4.

Apollo Pipes has announced a dividend of ₹0.70 per share for the upcoming fiscal year, marking the approval of their FY26 results. Additionally, a new Chairman has been appointed, with the previous Chair continuing as Managing Director. The company also introduced a SAR Scheme 2026 for its employees.

Apollo Pipes' Q4 FY26 revenue rose by 10% year-over-year to ₹347 crore, but their EBITDA margin declined by 244 basis points during the same period. Despite this dip, they managed to report a profit of ₹1 crore for the quarter.

Apollo Pipes announces plans to increase production capacity by 48,000 tonnes over the next two years, bringing their total capacity up to 288,000 tonnes. This growth involves a 20,000-tonne expansion and an additional 28,000-tonne addition to the current production facilities.

Apollo Pipes aims to grow at a rate of 25% annually over the next three years, with ambitious expansion strategies focusing on both increased production capacity and demand generation.

Apollo Pipes announced plans to extend its Dadri facility, responding to the increasing demand in North India, with a focus on enhancing production capacity to better cater to this growing market.

Apollo Pipes Limited has experienced significant investment from ACE Infracity, with the purchase of 300,000 shares priced at INR 472.4 each, signaling confidence in the company's future.

CLSA anticipates potential Nifty gains due to a fresh breadth thrust signal. The index has already gained 2000 points from its April lows. Notable midcap stocks recommended for investment by Laurence Balanco include BSE, MCX, Apollo Tubes, Dixon Tech, and Aurobindo Pharma.

Apollo Pipes has officially commenced commercial production at its new Mirzapur plant as of April 14, 2026, following several updates on its progress in May 2024, May 2025, January and March of 2026.

ACE Infracity Developers Pvt Ltd has purchased approximately 389,900 shares of Apollo Pipes, with an average investment cost of ₹444.8 per share. This move highlights ACE's continued commitment to expanding its stake in the infrastructure sector.

Apollo Pipes pushes back the launch of their Mirzapur plant's commercial production to late April 2026 due to unspecified reasons.

The stocks of Apollo Pipe, Aster DM, and NLC India have seen bullish breakouts, indicating potential gains. Investors may consider buying at levels of around ₹405 for Apollo Pipe, ₹680 for Aster DM, and ₹273 for NLC India. Target prices are set at ₹470, ₹730, and ₹292 respectively, with stop-loss points to limit potential losses if the market takes a turn.