Apollo Pipes Limited (APOLLOPIPE) - Net Assets
Based on the latest financial reports, Apollo Pipes Limited (APOLLOPIPE) has net assets worth Rs9.07 Billion INR (≈ $98.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.98 Billion ≈ $129.55 Million USD) and total liabilities (Rs2.91 Billion ≈ $31.50 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Apollo Pipes Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.07 Billion |
| % of Total Assets | 75.68% |
| Annual Growth Rate | 37.8% |
| 5-Year Change | 125.56% |
| 10-Year Change | 1342.02% |
| Growth Volatility | 89.19 |
Apollo Pipes Limited - Net Assets Trend (2009–2025)
This chart illustrates how Apollo Pipes Limited's net assets have evolved over time, based on quarterly financial data. Also explore Apollo Pipes Limited (APOLLOPIPE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Apollo Pipes Limited (2009–2025)
The table below shows the annual net assets of Apollo Pipes Limited from 2009 to 2025. For live valuation and market cap data, see APOLLOPIPE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs7.93 Billion ≈ $85.73 Million |
+38.10% |
| 2024-03-31 | Rs5.74 Billion ≈ $62.08 Million |
+25.55% |
| 2023-03-31 | Rs4.57 Billion ≈ $49.45 Million |
+12.80% |
| 2022-03-31 | Rs4.05 Billion ≈ $43.83 Million |
+15.33% |
| 2021-03-31 | Rs3.51 Billion ≈ $38.01 Million |
+14.67% |
| 2020-03-31 | Rs3.07 Billion ≈ $33.15 Million |
+33.38% |
| 2019-03-31 | Rs2.30 Billion ≈ $24.85 Million |
+102.53% |
| 2018-03-31 | Rs1.13 Billion ≈ $12.27 Million |
+60.68% |
| 2017-03-31 | Rs706.18 Million ≈ $7.64 Million |
+28.45% |
| 2016-03-31 | Rs549.75 Million ≈ $5.95 Million |
+22.07% |
| 2015-03-31 | Rs450.36 Million ≈ $4.87 Million |
+383.77% |
| 2014-03-31 | Rs93.09 Million ≈ $1.01 Million |
+4.07% |
| 2013-03-31 | Rs89.45 Million ≈ $967.39K |
+4.15% |
| 2012-03-31 | Rs85.89 Million ≈ $928.84K |
+4.35% |
| 2011-03-31 | Rs82.31 Million ≈ $890.15K |
+29.49% |
| 2010-03-31 | Rs63.56 Million ≈ $687.41K |
+35.51% |
| 2009-03-31 | Rs46.91 Million ≈ $507.28K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Apollo Pipes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 263675600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.64 Billion | 33.26% |
| Common Stock | Rs440.48 Million | 5.56% |
| Other Comprehensive Income | Rs758.81 Million | 9.57% |
| Other Components | Rs4.09 Billion | 51.61% |
| Total Equity | Rs7.93 Billion | 100.00% |
Apollo Pipes Limited Competitors by Market Cap
The table below lists competitors of Apollo Pipes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QINGCI GAMES INC. -00001
F:Z56
|
$214.99 Million |
|
Honey Hope Honesty Enterprise Co Ltd
TWO:8043
|
$215.00 Million |
|
Elentec Co. Ltd
KQ:054210
|
$215.03 Million |
|
Decora SA
WAR:DCR
|
$215.09 Million |
|
The Gold Bond Group Ltd
TA:GOLD
|
$214.87 Million |
|
Atrys Health SL
MC:ATRY
|
$214.84 Million |
|
Nextronics Engineering
TWO:8147
|
$214.84 Million |
|
Old Point Financial Corporation
NASDAQ:OPOF
|
$214.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apollo Pipes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,740,462,000 to 7,927,546,000, a change of 2,187,084,000 (38.1%).
- Net income of 326,482,000 contributed positively to equity growth.
- Dividend payments of 41,353,000 reduced retained earnings.
- Share repurchases of 1,936,688,000 reduced equity.
- New share issuances of 1,936,688,000 increased equity.
- Other comprehensive income decreased equity by 538,048,000.
- Other factors increased equity by 2,440,003,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs326.48 Million | +4.12% |
| Dividends Paid | Rs41.35 Million | -0.52% |
| Share Repurchases | Rs1.94 Billion | -24.43% |
| Share Issuances | Rs1.94 Billion | +24.43% |
| Other Comprehensive Income | Rs-538.05 Million | -6.79% |
| Other Changes | Rs2.44 Billion | +30.78% |
| Total Change | Rs- | 38.10% |
Book Value vs Market Value Analysis
This analysis compares Apollo Pipes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 144.80x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | Rs3.13 | Rs452.65 | x |
| 2010-03-31 | Rs4.24 | Rs452.65 | x |
| 2011-03-31 | Rs5.49 | Rs452.65 | x |
| 2012-03-31 | Rs5.72 | Rs452.65 | x |
| 2013-03-31 | Rs5.96 | Rs452.65 | x |
| 2014-03-31 | Rs6.20 | Rs452.65 | x |
| 2015-03-31 | Rs15.99 | Rs452.65 | x |
| 2016-03-31 | Rs19.33 | Rs452.65 | x |
| 2017-03-31 | Rs24.58 | Rs452.65 | x |
| 2018-03-31 | Rs34.28 | Rs452.65 | x |
| 2019-03-31 | Rs54.80 | Rs452.65 | x |
| 2020-03-31 | Rs70.61 | Rs452.65 | x |
| 2021-03-31 | Rs89.39 | Rs452.65 | x |
| 2022-03-31 | Rs103.09 | Rs452.65 | x |
| 2023-03-31 | Rs116.26 | Rs452.65 | x |
| 2024-03-31 | Rs142.59 | Rs452.65 | x |
| 2025-03-31 | Rs187.94 | Rs452.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apollo Pipes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.76%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.55x
- Recent ROE (4.12%) is below the historical average (12.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -0.38% | -0.72% | 0.48x | 1.09x | Rs-4.87 Million |
| 2010 | 29.72% | 19.24% | 1.52x | 1.02x | Rs12.53 Million |
| 2011 | 22.41% | 9.49% | 2.19x | 1.08x | Rs10.21 Million |
| 2012 | 3.98% | 52.41% | 0.07x | 1.02x | Rs-5.17 Million |
| 2013 | 3.98% | 52.52% | 0.07x | 1.02x | Rs-5.38 Million |
| 2014 | 3.91% | 50.02% | 0.08x | 1.02x | Rs-5.67 Million |
| 2015 | 24.25% | 6.49% | 0.84x | 4.44x | Rs34.15 Million |
| 2016 | 17.28% | 2.40% | 1.97x | 3.66x | Rs21.11 Million |
| 2017 | 21.43% | 3.30% | 1.98x | 3.28x | Rs42.18 Million |
| 2018 | 19.44% | 7.79% | 0.71x | 3.53x | Rs107.13 Million |
| 2019 | 10.41% | 6.64% | 0.92x | 1.70x | Rs9.50 Million |
| 2020 | 9.31% | 7.02% | 0.84x | 1.57x | Rs-21.26 Million |
| 2021 | 12.65% | 8.62% | 1.04x | 1.41x | Rs93.28 Million |
| 2022 | 12.28% | 6.37% | 1.44x | 1.34x | Rs92.27 Million |
| 2023 | 5.23% | 2.61% | 1.38x | 1.45x | Rs-218.12 Million |
| 2024 | 7.46% | 4.36% | 0.97x | 1.76x | Rs-145.82 Million |
| 2025 | 4.12% | 2.76% | 0.96x | 1.55x | Rs-466.27 Million |
Industry Comparison
This section compares Apollo Pipes Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $4,888,812,279
- Average return on equity (ROE) among peers: 9.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apollo Pipes Limited (APOLLOPIPE) | Rs9.07 Billion | -0.38% | 0.32x | $214.97 Million |
| Ahlada Engineers Limited (AHLADA) | $1.22 Billion | 4.23% | 0.50x | $6.34 Million |
| Aro Granite Industries Limited (AROGRANITE) | $759.36 Million | 10.54% | 1.06x | $4.43 Million |
| Beardsell Limited (BEARDSELL) | $354.25 Million | 8.85% | 2.25x | $11.03 Million |
| Bigbloc Construction Limited (BIGBLOC) | $1.49 Billion | 6.49% | 1.53x | $74.03 Million |
| Blue Star Limited (BLUESTARCO) | $13.34 Billion | 30.02% | 3.05x | $3.96 Billion |
| Cera Sanitaryware Limited (CERA) | $6.12 Billion | 16.85% | 0.71x | $732.50 Million |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $548.14 Million |
| Everest Industries Limited (EVERESTIND) | $5.97 Billion | -0.60% | 1.20x | $65.00 Million |
| Exxaro Tiles Limited (EXXARO) | $2.77 Billion | -0.04% | 0.77x | $33.72 Million |
About Apollo Pipes Limited
Apollo Pipes Limited manufactures and trades in polyvinyl chloride (PVC) pipes and fittings in India. The company offers cPVC, uPVC, and PPR-C plumbing systems; uPVC pressure pipes and fittings; HDPE PLB duct pipes and MDPE and HDPE gas piping system; HDPE uPVC SWR drainage system; and HDPE pipes, coils, and sprinkler systems. It also provides underground drainage uPVC column Pipes, PVC-O, garden… Read more