Apollo Pipes Fund Raise of ₹110 Cr

Apollo Pipes Earnings Call Transcript: Key Takeaways

Q2 FY27 revenue rose 31% YoY to ₹309.6 Cr on 13% volume growth. EBITDA recovered to ₹11.5 Cr (3.7% margin) from ₹3 Cr in Q1, but management says margins are still below target. Kissan remains loss-making.

Apollo Pipes Q2 FY27 Results: Net Profit ₹0.6 Cr, Down 57.1% YoY

Apollo Pipes Ltd reported revenue from operations of ₹309.6 Cr (+31.4% YoY) and net profit of ₹0.6 Cr (-57.1% YoY) for Q2 FY27.

Key figure

Net profit ₹0.6 Cr · -57.1% YoY

Apollo Pipes Convertible Warrants

Apollo Pipes converted 20,00,000 fully convertible warrants into equity shares at ₹550 per share (₹110 Crore). Paid-up capital rose from ₹44.05 to ₹46.05 Crore.

Value

₹110.0 Cr

Apollo Pipes Credit Rating

Apollo Pipes Limited's bank facilities worth Rs. 150 Crore were upgraded by ICRA to [ICRA]AA-(Stable)/[ICRA]A1+ from A+. The rationale cites deeper integration with the APL Apollo Group.

Apollo Pipes Board Meeting Date

Apollo Pipes scheduled a board meeting for 5 November 2026 to consider Q2 and half-year results. The trading window reopens on 8 November 2026.

Apollo Pipes Preferential Issue

KITARA PIIN 2401 and PACs received 20,00,000 Apollo Pipes shares upon conversion of preferential allotment warrants. Combined holding rises from 4.01% to 8.35%.

SML Mahindra Fund Raise of ₹1,450 Cr

SML Mahindra announced a board-approved rights issue of fully paid-up equity shares at Rs. 10 face value for up to Rs. 1450 Crore. Terms, record date and regulatory approvals remain pending.

Value

₹1,450 Cr

Richa Info Systems Fund Raise of ₹50 Cr

Richa Info Systems board approved raising funds up to ₹50 crore, with mode, terms and instruments yet to be finalised. Investors should await the detailed fundraising terms.

Value

₹50.00 Cr

S J Logistics (India) Fund Raise of ₹92.58 Cr

SJ Logistics' board approved a preferential issue of equity shares and warrants at Rs.326 each, raising about Rs.92.58 Crore. Shareholder approval is sought at an EGM on 7 December 2026.

Value

₹92.58 Cr

Flywings Simulator Training Centre Fund Raise of ₹73.2 Cr

Flywings approved preferential issue of up to 29,87,760 warrants at Rs 245, aggregating Rs 73.20 crore. Shareholder approval is sought at an EGM on November 27, 2026.

Value

₹73.20 Cr

Upsurge Investment & Finance Fund Raise of ₹20 Cr

Upsurge Investment & Finance approved unaudited Q2 FY27 results, appointed Manish Kabra as CFO, and approved raising up to Rs.20 Crore. The raise needs shareholder and regulatory approvals before proceeding.

Value

₹20.00 Cr

Optiemus Infracom Fund Raise

Optiemus Infracom's board approved a fund raise, with mode and amount yet undecided. Details will follow after finalisation.