Financial Results FY22

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35?

Sudesh Group
elAPOL PIPING SYSTEMS
Ma.de lor tue
--

May 06, 2022

The National Stock Exchange of India Limited Department of Corporate Services/Listing


Exchange Plaza", 5th Floor, BSE Limited
Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort,
Mumbai - 400 051 Mumbai - 400 001

NSE Symbol: APOLLOPIPE SCRIP Code: 531761

Dear Sir/Madam,

Sub: Outcome of the Board Meeting held on May 06, 2022

Ref.: Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (the "Listing Regulations") read with SEBI circular No. CIR/CFD/CMD/4/2015 dated
September 9, 2015 ("Relevant Circular")

I. In terms of Regulation 30 read with Regulation 33 of the Listing Regulations and the relevant circular,
we would like to inform
you that the Board of Directors of the Company in its meeting held today i.e.,
Friday, May 06, 2022, which commenced at 12:30 P.M. and concluded at 2: 5 V P.M., inter alia,
considered and approved/ take note of the following;

a) Audited Financial Results for the quarter and financial year ended March 31, 2022;

b) Recommended a Final Dividend@ 10 % i.e. Rs. 1/- (Rupees One only) per Share of Rs 10/- each

(Face Value) for the financial year ended 31st March, 2022, which shall be paid/ dispatch to the
shareholders within 30 days of declaration and any further information in this regard including
record date etc. shall be submitted with the concerned stock exchanges in due course;

c) Appointment of Mr. Ashok Kumar Gupta (DIN: 01722395), as the Additional Director (Non-
Executive) of the Company w.e.f. 6th May, 2022;

d) Resignation of Mr. Saket Agarwal (DIN: 00203084), Non- Executive and Non Independent
Director of the Company w.e.f. 6th May, 2022 due to personal reason.

II. Enclosed are the following documents in respect of the items transacted in the meeting:

I. The Audited Financial Results of the Company for the quarter and financial year ended March 31,
2022. (Annexure-AJ

2. Auditor's Report with unmodified opmion, issued by Mis V APS and Company, Chartered
Accountants, the Statutory Auditors. (Annexure- BJ

3. Declaration with respect to Audit Report with unmodified opinion to the aforesaid Audited
Financial Statements. (Annexure- CJ

4. Stock Exchange Release for the financials. (Annexure- DJ

5. Earnings Presentation on the financials. (Annexure- EJ

6. Details of Directors appointed/ resigned as required under Listing Regulations read with relevant j., __

circular. (Annexure- FJ <? \


P (
S
<_.
?

APOLLO PIPES LIMITED


Regd. Office:
37, Hargobind Enclave, Vikas Marg, Delhi-110092, India
Corporate Office : A-140, Sector 136, Noida (U.P.) - 201301
Manufacturing Unit : Dadri (U.P.), Sikandrabad (U.P.), Ahmedabad (Gujarat), Tumkur (Karnataka), Raipur C'p\i?@tfi8t'irh)
India
Toll 1800-121-3737
Free No.:
info@apollopipes.com I www.apollopipes.com I CIN : L65999DL1985PLC022723
III. This along with the enclosures
disclosure shall be made available on the website of the Company viz.
www.apollopies.com.

Kindly take the same on your records.

Encl: A/a

Page 2 of2
C'nt.APOL
35?
Sudesh Group
? PIPING SYSTEMS
Ma.de. /.or lise
-

May 06, 2022

The National Stock Exchange of India Limited Department of Corporate Services/Listing


Exchange Plaza", 5th Floor, BSE Limited
Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East), Dalal Street, Fort,
Mumbai - 400 051 Mumbai- 400 001

NSE Symbol: APOLLOPIPE SCRIP Code: 531761

Dear Sir/Madam,

Sub: Audit Report with Unmodified Opinion

Ref: Declaration pursuant Regulation


to 33 (3) (d) of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015, as amended.

In terms of the second proviso to Regulation 33(3)(d) of the SEBI Listing Regulations, 2015, as amended,
we declare that M/s YAPS & Company, Chartered Accountants, Statutory Auditors of the Company have
submitted Audit Report for Annual Audited Financial Statements of the Company for the financial year
ended March 31, 2022 with unmodified opinion(s).

YoursTruly
ForApollo Pipes i

u .S
·

<......-
j ?
0 -.....;
<>'p,,
*
o">
(A in)
Chief Financial Officer

Encl: A/a

APOLLO PIPES LIMITED


Regd. 37, Hargobind
Office: Enclave, Vikas Marg, Delhi-110092, India
Corporate Office : A-140, Sector 136, Noida (U.P.) 201301
-

Manufacturing Unit : Dadri (U.P.), Sikandrabad (U.P.), Ahmedabad (Gujarat), Tumkur (Karnataka), Raipur (Chhattisgarh) India
Toll Free 1800-121-3737
No.:
info@apollopipes.com I www.apollopipes.com I CIN: L65999DL1985PLC022723
Apollo Pipes Limited
A- 140, Sector 136. Noida, Uttar Pradesh- 201301

Q4FY22
Sales volume higher by 26% Y-o-Y to 16,409 Tons
EBITDA increased by 5% Y-o-Y to Rs. 28.4 crore
PAT declined by 6% Y-o-Y to Rs. 15.6 crore

Noida, May 06, 2022: Apollo Pipes Limited, among the top 10 leading piping solution providing Company in
India, announced its financial results for the quarter and full year ended Mar 31, 2022.

Financial Performance Highlights


Performance Review for Q4FY22 vs. Q4FY21
 Sales Volume higher by 26% to 16,409 tons from 12,987 tons
 Revenue higher by 42% to Rs. 247.5 crore compared to Rs.174.2 crore
 EBITDA higher by 5% to Rs. 28.4 crore as compared to Rs.27.0 crore
 Net Profit after Tax declined by 6% to Rs. 15.6 crore compared to Rs. 16.6 crore

Performance Review for FY22 vs. FY21


 Sales Volume higher by 14% to 53,849 tons from 47,333 tons
 Revenue higher 51% to Rs. 784.1 crore from Rs. 518.1 crore
 EBITDA higher by 26% to Rs. 93.4 crore compared to Rs. 74.3 crore
 Net Profit after Tax up by 12% to Rs. 49.8 crore compared to Rs. 44.5 crore

Page | 1
Management’s Message
Commenting on the Company’s performance for Q4 & FY22, Mr. Sameer Gupta, Managing Director, Apollo
Pipes said,

“We have reported strong performance during the quarter with our sales volume growing by 26% YoY to
16,409 tons and FY22 sales volume grew by 14%, 53,849 tons driven by a healthy contribution from the cPVC,
HDPE pipe and value-added product segment of Fittings. The company did an annual capex of 41 crores
towards enhancement of capacities, debottlenecking and adding balancing equipments majorly into cPVC,
HDPE pipes and fittings.

Moving on to the operational front, the management continue to keep strong focus on value added products
on the building products side, which continue to gain traction. The impact of improved capacity in earlier
quarter has a visible growth in sales of Rota moulded products. We remain confident that this product along
with our other value-added offerings like fittings, solvents, bath fittings, adhesives, taps and faucets will
enhance our reach and strengthen sales, going forward. In addition, we are aiming towards optimally
utilizing our capacities over the next coming years, which will also help augment sales volumes, going ahead.

Looking ahead, the various pro-growth measures undertaken by the Government, especially in the rural,
infrastructure and agricultural space should lead to better demand and consumption of our products in the
domestic market over the medium-to-longer term. I would like to state that we are continuously working
towards enhancing our presence across existing and new high-potential geographies. As we further improve
our operation/capacity utilization of Raipur plant, we are confident to open up the untapped and high
potential markets of Central and Eastern India supported by the expected positive trend in industrial growth
for 2022-23 and years ahead.”

Page | 2
About the Company
Apollo Pipes (BSE: 531761; NSE: APOLLOPIPE), is among the top 10 leading piping solution providing
Company in India. Headquartered in Delhi, the Company enjoys strong brand equity in the domestic
markets. With more than 3 decades of experience in the Indian Pipe Market, Apollo Pipes holds a strong
reputation for high quality products and an extensive distribution network.

Equipped with state-of-the-art infrastructure, the Company operates large manufacturing facilities at Dadri
and Sikandarabad in UP, Ahmedabad – Gujarat, Tumkur – Karnataka and Raipur-Chhattisgarh with a total
annual capacity of 125,200 MTPA. The multiple and efficient product profile includes over 1,500 product
varieties of cPVC, uPVC, and HDPE pipes, Water storage tanks, PVC taps, fittings and solvents of the highest
quality. The products cater to an array of industrial applications such as Agriculture, Water Management,
Construction, Infrastructure, and Telecom ducting segments. The Company’s extensive distribution network
spreads across 600+ channel partners.

For more information about us, please visit www.apollopipes.com or contact:


A. K. Jain
Apollo Pipes Ltd
Tel: +91 120 658 7777
Email: akjain@apollopipes.com

DISCLAIMER:
Certain statements in this document that are not historical facts are forward looking statements. Such forward- looking
statements are subject to certain risks and uncertainties like government actions, local, political or economic
developments, technological risks, and many other factors that could cause actual results to differ materially from those
contemplated by the relevant forward-looking statements. Apollo Pipes Limited will not be in any way responsible for
any action taken based on such statements and undertakes no obligation to publicly update these forward-looking
statements to reflect subsequent events or circumstances.

Page | 3
APOLLO PIPES LTD.
Q4FY22 EARNINGS PRESENTATION
May, 2022

www.apollopipes.com
Safe Harbour
Except for the historical information contained herein,
statements in this presentation and the subsequent
discussions, which include words or phrases such as
"will", "aim", "will likely result", "would", "believe", "may",
"expect", "will continue", "anticipate", "estimate",
"intend", "plan", "contemplate", seek to", "future",
" ob j e c t i v e " , "g oa l" , "like ly", " p r oj e c t" , " s h ou ld " ,
"potential", "will pursue", and similar expressions of such
expressions may constitute " forward- looking
statements“. These forward looking statements involve a
number of risks, uncertainties and other factors that
could cause actual results to differ materially from those
suggested by the forward-looking statements. These
risks and uncertainties include, but are not limited to our
ability to successfully implement our strategy, our
g r o w t h a n d e x p a n s i o n p la ns, o b t a i n r e g u l a t o r y
approvals, our provis ioning policies, te c hnolog ic a l
changes, investment and business income, cash flow
projections, our exposure to market risks as well as other
risks. The Company does not undertake any obligation to
update forward-looking statements to reflect events or
circumstances after the date thereof.

www.apollopipes.com
TABLE OF CONTENT

4 Future
Outlook
5 5 Year Financial
Highlights
6 Q4FY22
Highlights

www.apollopipes.com
COMPANY OVERVIEW

www.apollopipes.com
APOLLO PIPES AT A GLANCE

Among the Top 10


1,25,200 MTPA 5 600+
leading PVC pipe Manufacturing Plants Channel Partners
manufactures in India Capacity

1500+ 13% 27% 26%


5-year Sales 5-year Revenue 5-year Net
SKU’s Volume CAGR Profit CAGR
CAGR

www.apollopipes.com
FY22 AT A GLANCE

`
53,849 MT 784.1Cr. 93.4Cr.
EBITDA
Sales Volume Revenue 26% YoY increase
14% YoY increase 51% YoY increase

11.9% 49.8 Cr. 75.5 Cr


EBITDA Margin PAT Cash Profit
12% YoY increase
22% YoY increase

www.apollopipes.com
Q4FY22 AT A GLANCE

`
16,409 MT 247.5Cr. 28.4Cr.
EBITDA
Sales Volume Revenue 5% YoY increase
26% YoY increase 42% YoY increase

11.5% 15.6 Cr. 22.8 Cr


EBITDA Margin PAT Cash Profit
1% YoY increase

www.apollopipes.com
PRESENCE ACROSS SECTORS

Apollo Pipes - Key Focus Area

www.apollopipes.com
PRODUCT PORTFOLIO
Diversified Basket of 1,500+ Products

uPVC Piping System CPVC Piping System

uPVC Pipes & Fittings | uPVC Column Pipes | S W R Drainage Pipes | uPVC Pressure Pipes C PVC Pipes & Fittings
Well Casing Pipes | Underground Drainage Pipes

HDPE Piping System Bath Fittings SOLVENT CEMENT Water Tanks

HDPE Pipes & Faucets | Hand A n d Head Showers | Health Faucets Solvent Cement Water Tanks
Sprinkler System Cistern | Seat Covers | Allied Products | Bathroom Accessories

www.apollopipes.com
SUCCESS MILESTONE

2021-22
2019 • Commissioned the Raipur
• Concluded promoter plant to tap Central and
infusion of Rs. 142 crore Eastern India markets
throughissuance of Equity
Shares and fully
convertible warrants on

2020-21
Preferential basis

• Concluded the strategic


acquisition of Kisan
Mouldings’ manufacturing
unit in Bengaluru
• Successful listing of
Company’s shares on NSE
• Started Manufacturing
Water tank, Solvent, Bath
Robust 5-year CAGR Fittingsand faucets
(FY17 – FY22)

13% 25% 26%


Growth in Sales Volume Growth in EBITDA Growth in PAT
Tiger Shroff Appointed as Brand
Ambassador

Social Media campaign launched


in Q3FY22 continue to garner
good response
8.9 Million Views On Tiger Shroff’s :
Water Tank
4.2 Million Views Water Tank: 3 Million Views
(On Apollo Platform)
9.2 Million Views Pipes: 9.57k Views

13.4 Million Views


Pipes 3.4 Million Views
(On Apollo Platform)
8.7 million Views

TV Commercial launched on
May 2, 2022

Watch the commercials Link 1 Link 2


Raveena Tandon Appointed as
Brand Ambassador

Social Media campaign launched


in Q3FY22 continue to garner
good response

6.8 Million Followers


Bath Fitting
(On Raveena’s 8.5 Million Followers
Platform)

Digital Campaign, Packaging


promotions etc.

#Amazing Everyday
Our Environment, Social, Governance and Safety Policy

www.apollopipes.com
GROWTH LEVERS

www.apollopipes.com
Key Business Strength

Catering to multiple sectors –


Expanding footprint in India Agriculture, Water
Management, Infrastructure

Proven expertise in Strong and highly experienced


complex projects Management Team

Advanced equipment &


Multiple and efficient product
technology – cost efficient
offerings – 1,500+ products
processes

www.apollopipes.com
Strengthening distribution network across India to
Augment presence and improve market penetration

Sikandrabad
Enjoys a (Manufacturing Unit)
dominant and
leading presence
in North India Extensive
distribution
network
significantly
reduces delivery
time to 4 8 hours
Tapping newer (from 10-12
days)
markets to
reduce inventory
cost for
Distributors & Pune Depot
Dealers

www.apollopipes.com
Diversified Product Portfolio with total offerings at 1,500+,
Aiming to achieve 2,500+ products to the basket

• Range of products manufactured at the technologically-advanced manufacturing facility at Dadri


& Sikandrabad at U.P., Ahmedabad at Gujarat & Tumkur (Banglore) at Karnataka and Raipur
at Chattisgarh .
• Launched ‘Plastic Faucets, Taps and Showers’ in the domestic market – to drive higher brand
visibility through New Products
• Successfully added Water Storage Tanks to our product Portfolio

www.apollopipes.com
Capacity Expansion to aid long-term growth plan

Available Capacity
1,25,200 MTPA

Ahmedabad, Bengaluru and Raipur

line for the value added products at


new locations

www.apollopipes.com
MACRO GROWTH DRIVERS

www.apollopipes.com
PVC Pipe Industry

The Indian PVC pipes and fittings market expected to register 15% CAGR during FY22 - FY26
• The domestic plastic pipes industry size at ~ ₹ 340Bn
• Organized players account for ~60% market share
• Key features of plastic pipes against other pipes
- Lightweight
- Ease of transportation
- Longer life span
• Key growth drivers:
- Government’s push for cleanliness and sanitation to boost water management sector
- Increased Building of affordable houses and growing housing demand
- Requirement for infrastructure for irrigation and water supplies

Demand Segmentation - Domestic Industry Demand Split- Domestic Industry

www.apollopipes.com
At the Forefront of multiple sector trends

Urban Infrastructure & Construction Water Management Agriculture Focus

• Infrastructure push - plumbing • Rehabilitation of aging pipelines • Improving irrigation schemes for
and distribution requirements and installation of new pipes in farmers
• Water Management, Waste transportation of liquids offers a • Water Table Depletion – increase in
Management, Water Drainage significant opportunity bore well activities leading to higher
& Sewerage System • Government focus on providing clean demand of larger diameter pipes
• ‘Housing for All’ scheme and water, clean cities with well- • Increase in land under irrigation for
‘Smart Cities’ scheme to drive organized plans for sewage removal food production
demand and efficient transport facilities • Increasing agriculture focus will have
• GoI targeted construction of 20M • National Rural Drinking Water better demand for irrigation and thus
and 40M houses in urban and rural Mission (NRDWM) to create a safe demand for PVC pipes
areas, by 2022 drinking water program
 One unit in the urban area nearly
consumes 200 kg of PVC products
 Rural house consumes ~75kg

www.apollopipes.com
FUTURE OUTLOOK

www.apollopipes.com
Focus Areas for FY22-23

Strengthen Undertake a Register solid Penetrate and Improve Undertake


foothold in phase-wise growth in establish utilization at various brand
existing capacity sales – footprint into the existing building
markets of expansion at the targeting neighboring manufacturing exercises and
North and existing facilities revenue growth markets in plants at all establish
West and over the next of around 25%+ Central and facilities stronger brand
South India few quarters Eastern India recall in the
established
markets of
North and
Western India

www.apollopipes.com
OPERATIONAL & FINANCIAL
HIGHLIGHTS

www.apollopipes.com
Financial Trend
FY22
( 5 Y r . C A G R - 13%) ( 5 Y r . C A G R -27%)
Volume (Tons) Revenue (Rs. Cr)
53,849
44,692 47,333 784
39,823
33,707
28,941 518
362 408
241 284

FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 FY21 FY22

(5 Yr. CAGR - 25%) 93 (5 Yr. CAGR - 26%)


100 16%
EBITDA (Rs. Cr) EBITDA Margin (%) PAT (Rs.Cr)
80 74
50
44
14% 14%
60 13% 46
39 28
40 33 12% 22 24
31
12% 11% 12% 16
11%
20
0 10%
FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 FY21 FY22
www.apollopipes.com
Financial Trend
FY22
Op. Cashflow (Rs. Cr) Net Working Capital (Days)

63
58 58
96 50 49 48

36
24 26 21
12

FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 FY21 FY22

ROE (%) ROCE** (%)


Net Debt* (Rs.Cr)
34 24.5
20 21.5
18.8
15.9 16.5
14.6 13.9 13.5
11.9 13.2
10.611.7
FY17 FY18 FY19 FY20 FY21 FY22
-10 -3

-35 -38
FY17 FY18 FY19 FY20 FY21 FY22
*Negative due to Net cash, ** Capital Employed: Total Assets minus Current Liabilities
www.apollopipes.com
Quarterly Performance
Q4FY22

Sales Volume (Tons) EBITDA (Rs. Cr)


27.0 28.4
25.5 26.0
16,409
14,518 21.6
12,987 12,520 17.4
11,445 10,402

Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22

EBITDA Margin (%) PAT (Rs. Cr)


16.3 16.6
14.1 15.6
19.9%
11.4
15.5%
12.7% 12.5% 8.8
11.3% 11.5%

Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22

www.apollopipes.com
Abridged P&L Statement

Q-o-Q
Particulars Q4 FY22 Q3 FY22 Q4 FY21 Y-o-Y Shift FY22 FY21 Y-o-Y Shift
Shift
Net Revenue from Operations 247.5 190.8 174.2 42% 30% 784.1 518.1 51%
Total Expenditure 219.1 169.2 147.1 49% 29% 690.7 443.8 56%
Raw Material expenses 182.7 139.3 125.9 45% 31% 573.2 361.8 58%
Employee benefits expense 11.6 11.1 8.6 35% 4% 41.4 29.3 42%
Other expenses 24.8 18.8 12.7 96% 32% 76.1 52.8 44%
EBITDA 28.4 21.6 27.0 5% 31% 93.4 74.3 26%
EBITDA margin (%) 11% 11% 16% (406 BPS) 14 BPS 12% 14% (242 BPS)
Other Income 1.1 1.2 2.5 -57% -9% 3.8 8.4 -55%
Finance Costs 1.8 0.8 0.9 95% 131% 4.3 4.4 -2%
Depreciation and Amortization 7.1 6.7 5.8 23% 7% 25.7 17.6 46%
PBT 20.5 15.4 22.8 -10% 34% 67.2 60.7 11%
Tax expense 4.9 4.0 6.2 -20% 23% 17.4 16.2 8%
PAT 15.6 11.4 16.6 -6% 37% 49.8 44.5 12%
PAT margin (%) 6% 6% 10% (325 BPS) 35 BPS 6% 9% (224 BPS)
EPS Basic (Rs.) 4.0 2.9 4.2 -6% 37% 12.7 11.3 12%

www.apollopipes.com
Abridged Balance Sheet and Cash Flow Statement

Balance Sheet - Assets (Rs Cr) FY22 FY21 Cash Flow Statement (Rs Cr) FY22 FY21
Cash & Bank Balance 42.0 72.5 EBITDA 93.4 74.2
Receivables 70.5 62.7 Changes in Accounts receivables -7.8 -3.3
Inventories 131.6 78.2 Changes in Inventory -53.4 4.2
Other current assets 40.8 39.8 Other WC changes 19.5 -44.4
Fixed assets (net) 227.2 211.7 Others 0.4 2.9
Right to use Assets 9.2 9.3 Tax -15.8 -12.9
Investments 4.1 0.3 Operating cash flow 36.3 20.7
Other Assets/goodwill/CWIP 18.3 19.8 Interest -4.4 -4.4
Total Assets 543.9 494.3 Residual cash flow 31.9 16.3
Balance Sheet - Liabilities (Rs Cr) FY22 FY21 Fixed assets -40.5 -61.7
Trade payables 55.0 48.2 Investments 2.3 17.0
Other current liabilities 41.9 28.0 Free cash flow -6.1 -28.4
Debt 38.7 62.9 Dividend payments 0.0 0.0
Others 1.4 2.4 Capital increase 0.0 0.0
Minority Interest/Provision 1.6 1.3 Net change in cash flow -6.3 -28.4
Shareholders' funds 405.3 351.5 Net debt* beginning -9.6 -38.0
Total Equity & Liabilities 543.9 494.3 Net debt* end -3.3 -9.6

*Negative due to Net cash


www.apollopipes.com
CONCLUSION

www.apollopipes.com
Key Takeaways

Increased
market presence
Target to achieve and improving
25%+ revenue distributor network
growth C A G R over to address demand
next three years across
Leveraging ‘APL
Value-added pan-India
Apollo’ brand
Available product categories reach and recall
Capacity of to provide impetus to drive higher
1 ,2 5 ,2 0 0 MTPA to volumes and growth in
profitability business

www.apollopipes.com
About Us

Apollo Pipes (BSE: 531761; NSE: APOLLOPIPE),


is among the top 10 leading piping solution
providing Company in India. Headquartered in
Delhi, the Company enjoys strong brand equity
in the domestic markets. With more than 3
d e c ad e s of experience in the Indian P ip e
Market, Apollo Pipes holds a strong reputation
for high quality products and a an extensive
distribution network.
Equipped with state-of-the-art infrastructure,
the Comp any operates large manufacturing
facilities at Dadri – UP, Ahme dabad – Gujarat
Tumkur – Karnataka, and R aip ur -
Chhattisgar h with a total capacity of
1 , 2 5 , 2 0 0 MTPA . The multip le a nd e ffi c i e n t
product profile includes over 1,500 product
varieties of cPVC, uPVC, and H DPE pipes, P V C For further information,
taps and fittings of the highest quality. The
p r o d u c t s c a te r t o an arr a y of ind us tr ia l
Please contact:
a p p l i c a t i o n s s u c h as A g r i c u l t u r e , W a t e r
Management, Construction, Infrastructure, and Ajay K Jain
Telecom ducting segments. The Company’s A po llo Pipes Ltd
extensive distribution network spreads for Email: akjain@apollopipes.com
about 600+ channel partners.

www.apollopipes.com
THANK YOU

www.apollopipes.com

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