Apollo Pipes Ltd (NSE: APOLLOPIPE) Q3 2026 Earnings Call dated Jan. 30, 2026
Corporate Participants:
Sameer Gupta — \
Presentation:
Sameer Gupta — \
Thank you. So I. Yeah so sir in the one of the earlier question you answered that you targeting market share games from smaller organized players and unorganized players and the capacity that adding is more for CPA team value added can you please help us with understanding that how much of the smaller players organized players and unorganized players would have the cp? Completely different. For the next two years. For taking the time like I said my gross margin. You could very much verify. Which showed sometime we feel that we don’t have something to excite the market we have enough ammunition to excite the market yeah thank you. Mission of government. We are super confident that government will. Continue whatever momentum. So whether it is private government I have to do some look at the announcements to come up with some like rebuilding of 1500 Del Airport. Spoke about housing for all schemes in that scheme to give phones to poor people so that will all lead to heavy construction in the country for the next right now our housing.
Pretty much in race as per the demand also ourselves and our clients improve yoy although the growth rate will not be very high but as the rural economy does well the demand should also catch up on new product launches from Apollo so so I guess, I guess I mean not really as of now for next 45 years we are highly bullish that’s the reason that why we have committed something so much of capital right to put up new capacity thank you so much. So so yes I mean we are, we are, we are we are bullish on the industry I would now like.
operator
To so I think whatever you say said right now suggests that the growth in projects could continue to. Request you to reach out to us. Are you doing anything to increase your Penetration or do you think the growth will largely be retail led going forward. For you as well on behalf of antique stock broker.
Sameer Gupta — \
So see, I mean like I said, our teams are working day and night to get approval in new projects, right? See when there is a construction, when there is government spending, right? It’s not just that that project demand will come, right? The. The when new project comes up, right? New employment gets generated. So, so that demand also flows in the retail segment as well, right? And it’s not that our, our project exposure is zero, right? Our distributors, they keep on supplying material at for projects also, right? So it’s not that our direct exposure to projects is very low.
But our dealers, they keep on pushing our products in the project, right? So we are prepared, we are preparing ourselves for both the segments, right? Retail and project so far as of now, project is. Is low, right? But. But we are already working to increase the approvals in the projects, right? And our distributors are also supporting us, helping us to push our products in projects going forward with all the new plants. At the same time, we are taking approvals for those plans for our brand, for the projects. And we’re going for universal approvals now, right? For example, there is one construction agency from the government which is headquartered in New Delhi.
But it will have multiple offices in all the states and union territories. So we are going for universal approvals, right? So once the name gets registered, the brand gets registered at head office, all these satellite offices. Any project which goes out, it will have our name, right? So you will see we are preparing ourselves for next five years, right? And the project approval is one important segment which we, which we started working on last two years already.
operator
Thank you very much. That was the last question. I would now like to hand the conference back to the management team for any closing comments.
Sameer Gupta — \
I hope we were able to respond to all your queries and you may connect with us in case of any any other further questions or details. Thank you once again for sparing time out for this con call. Have a great day.
operator
Thank you very much on behalf of Dan Capital Advisors Ltd. That concludes this conference. Thank you for joining us ladies and gentlemen. You may now disconnect your lines.