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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comApollo Pipes Ltd is one of India’s prominent manufacturers of PVC pipes, CPVC pipes, HDPE pipes, and value-added piping solutions. The company caters to diverse end-use segments such as agriculture, water supply, sanitation, plumbing, and infrastructure. With rising government focus on housing, irrigation, and urban infrastructure, Apollo Pipes is well-positioned to benefit from long-term structural demand.
In this article, we present a fresh, SEO-friendly analysis of Apollo Pipes Ltd share price targets from 2026 to 2030, based on current market data, business fundamentals, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹283.15 |
| Previous Close | ₹283.10 |
| Day’s High | ₹304.70 |
| Day’s Low | ₹278.25 |
| VWAP | ₹295.09 |
| 52-Week High | ₹494.95 |
| 52-Week Low | ₹277.15 |
| All-Time High | ₹798.65 |
| All-Time Low | ₹70.00 |
| Market Capitalization | ₹1,290 Cr |
| Volume | 2,60,837 |
| Value (Lacs) | 764.25 |
| 20D Avg Volume | 1,00,316 |
| 20D Avg Delivery (%) | 38.82% |
| Face Value | ₹10 |
| Book Value Per Share | ₹191.17 |
| Dividend Yield | 0.24% |
| Beta | 0.94 |
Apollo Pipes Ltd is part of the well-known Apollo Group and has established itself as a strong brand in the Indian plastic piping industry. The company operates multiple manufacturing plants across India, ensuring efficient distribution and proximity to key markets.
Its product portfolio includes:
PVC and CPVC plumbing systems
HDPE and agricultural pipes
Column pipes and water management solutions
Premium and value-added piping products
Strong distribution network across India
Expanding capacity and product diversification
Rising demand from housing and infrastructure projects
Focus on higher-margin value-added products
Improving brand recall in retail plumbing segment
The Indian plastic pipes industry is supported by:
Government schemes like Jal Jeevan Mission and PM Awas Yojana
Growth in agriculture irrigation and water management
Urbanization and real estate recovery
Shift from metal to plastic piping solutions
Mid-cap players like Apollo Pipes stand to benefit significantly from these long-term tailwinds.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 46.84% |
| Retail & Others | 34.87% |
| Mutual Funds | 11.37% |
| Foreign Institutions | 3.71% |
| Other Domestic Institutions | 3.22% |
A healthy promoter holding combined with growing institutional interest reflects confidence in the company’s long-term prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 380 | 450 |
| 2027 | 460 | 550 |
| 2028 | 570 | 680 |
| 2029 | 700 | 820 |
| 2030 | 850 | 1,000 |
These targets consider capacity expansion, margin normalization, and sustained infrastructure-led demand.
By 2026, Apollo Pipes may benefit from improving utilization levels and recovery in construction demand.
Growth Drivers
Higher sales from housing and plumbing segment
Better operating leverage
Stable raw material costs
Investment View: Suitable for medium-term investors seeking recovery-led growth.
In 2027, value-added products could contribute more meaningfully to margins.
Growth Drivers
Expansion in premium plumbing solutions
Strong retail demand
Wider dealer network
Investment View: Positive outlook with improving profitability visibility.
By 2028, Apollo Pipes may emerge as a stronger mid-cap player in the plastic pipes space.
Growth Drivers
Government infrastructure spending
Agricultural irrigation demand
Better brand positioning
Investment View: Attractive for long-term investors looking for steady compounding.
With scale benefits kicking in, earnings growth could accelerate in 2029.
Growth Drivers
Higher capacity utilization
Operating margin expansion
Pan-India market penetration
Investment View: Suitable for investors with a long-term horizon.
By 2030, Apollo Pipes could be among the leading branded plastic pipe companies in India.
Growth Drivers
Strong infrastructure and housing demand
Consistent cash flows
Improved return ratios
Investment View: Ideal for long-term wealth creation with moderate risk.
Apollo Pipes Ltd offers long-term growth potential backed by infrastructure development, urbanization, and agricultural demand. While the stock may remain volatile in the short term due to raw material price fluctuations, the long-term fundamentals remain constructive.
Structural demand for plastic piping
Expanding product portfolio
Strong promoter backing
Beneficiary of government infrastructure schemes
Volatility in PVC and resin prices
Intense competition in the pipes segment
Margin pressure during weak demand cycles
Apollo Pipes Ltd represents a promising mid-cap infrastructure-linked stock with strong long-term demand drivers. Supported by government spending, housing growth, and product diversification, the company has the potential to deliver steady returns over the next decade.
Based on current trends, Apollo Pipes Ltd share price could potentially reach ₹850–₹1,000 by 2030, making it an interesting option for long-term investors seeking exposure to India’s infrastructure and construction growth story.
1. What is the current share price of Apollo Pipes Ltd?
It trades around the levels mentioned in the latest market data table and fluctuates daily.
2. What is the Apollo Pipes share price target for 2026?
The expected range is ₹380 to ₹450.
3. Is Apollo Pipes Ltd a good long-term investment?
Yes, for investors with a long-term horizon and moderate risk appetite.
4. What is the Apollo Pipes share price target for 2030?
The projected target range is ₹850 to ₹1,000.
5. What factors influence Apollo Pipes’ share price the most?
Infrastructure demand, housing growth, raw material prices, margins, and overall market sentiment.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making any investment decisions.
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