The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Apollo Pipes Limited is an India-based company, which is engaged in the manufacturing and trading of polyvinyl chloride (PVC) pipes and fittings. The Company's product portfolio includes a range of over 2500 stock keeping units (SKUs), including chlorinated polyvinyl chloride…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection — but flagged on governance.
Apollo Pipes is scored on the general / industrial framework. It keeps a thin 0.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 7.55× reported profit. Free cash flow is worth about -4.3% of its market value.
Over the last 3 years revenue compounded at 60%/yr and profit at -33%/yr. Book value itself has compounded 133%/yr — the hallmark of a genuine compounder. Return on equity is a weak -1.1%.
At 470× earnings, the stock sits at the 95th percentile of its own 5.1-year range — the expensive end of where it has historically traded. The forensic screen raises a red flag: 109% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | -149.6 | 38.38 | better |
| P/B | 2.47 | 2.02 | worse |
| EV/EBITDA | 42.47 | 10.1 | worse |
| ROE | -1.07 | 8.48 | worse |
| ROCE | -0.42 | 7.07 | worse |
| ROA | -1.17 | — | — |
| Quick Ratio | 0.67 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Supreme Industries | 35.5 | 6.3 | 17.7% |
| Astral | 59.3 | 8.0 | 13.4% |
| Shaily ENG Plastics | 75.0 | 16.8 | 22.4% |
Revenue declined 6% in the latest year — a break from prior trajectory. 6% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (6% vs -67%) — costs are rising faster than the top line. The latest year saw a -86% swing — check if it's a one-off or structural.
Operating margin has compressed from 7% to 1% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 1% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 7pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -69% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 7.6× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 15% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (31% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 32% above earlier ones.
3 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 8446% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (1% → -4%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 5.1y median.
Promoter holding at 53.0% — majority control intact. Promoters added 1.3pp over 4 quarters — creeping acquisition signals conviction. MF stake down 3.7pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.