Apollo Pipes Limited

NSE APOLLOPIPE.NS

Apollo Pipes Limited Interest Coverage Ratio for the year ending March 31, 2024: 12.24

Apollo Pipes Limited Interest Coverage Ratio is 12.24 for the year ending March 31, 2024, a 157.19% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Apollo Pipes Limited Interest Coverage Ratio for the year ending March 31, 2023 was 4.76, a -71.50% change year over year.
Apollo Pipes Limited Interest Coverage Ratio for the year ending March 31, 2022 was 16.69, a 11.67% change year over year.
Apollo Pipes Limited Interest Coverage Ratio for the year ending March 31, 2021 was 14.95, a 105.78% change year over year.
Apollo Pipes Limited Interest Coverage Ratio for the year ending March 31, 2020 was 7.26, a 7.82% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: APOLLOPIPE.NS

Apollo Pipes Limited

CEO	Mr. Sameer Gupta
IPO Date	Nov. 11, 2019
Location	India
Headquarters	37, Hargobind Enclave
Employees	641
Sector	Materials
Industries Plastics Consumer Packaged Goods Petrochemicals

Description

Apollo Pipes Limited engages in the manufacturing and trading of polyvinyl chloride (PVC) pipes and fittings under the APL Apollo brand name in India and internationally. The company offers cPVC, uPVC, HDPE, and UPVC pipes and fittings; sprinkler and drainage systems; bath fittings, including faucets, cisterns, showers, seat covers, and other accessories; and solvent cement. Its products are used in urban infrastructure and construction, water management, and agriculture applications. The company was formerly known as Amulya Leasing and Finance Limited and changed its name to Apollo Pipes Limited in December 2017. Apollo Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.

Key trends

Past 5 years