Apollo Pipes (NSE:APOLLOPIPE) Current Ratio: 1.37 (As of Mar. 2026) — 30% Below Median


NSE:APOLLOPIPE Apollo Pipes Ltd NSE:APOLLOPIPE
78 GF Score
Price ₹489.90
GF Value ₹499.71
Valuation Fairly Valued
! 7 Warning Signs
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What is Apollo Pipes Current Ratio?

Apollo Pipes NSE:APOLLOPIPE +3.98% 78 Current Ratio is 1.37 as of Mar. 2026, which is 30% below its 10-year median of 1.97. GuruFocus rates NSE:APOLLOPIPE with a GF Score™ of 78/100 and a GF Value™ of ₹499.71 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,781 Construction companies, Apollo Pipes ranks worse than 60.81% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Apollo Pipes's current ratio for the quarter that ended in Mar. 2026 was 1.37.

Apollo Pipes has a current ratio of 1.37. It generally indicates good short-term financial strength.

The historical rank and industry rank for Apollo Pipes's Current Ratio or its related term are showing as below:

NSE:APOLLOPIPE' s Current Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.97   Max: 2.89
Current: 1.37

During the past 13 years, Apollo Pipes's highest Current Ratio was 2.89. The lowest was 1.14. And the median was 1.97.

NSE:APOLLOPIPE's Current Ratio is ranked worse than
60.81% of 1781 companies
in the Construction industry
Industry Median: 1.58 vs NSE:APOLLOPIPE: 1.37

Apollo Pipes  (NSE:APOLLOPIPE) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Apollo Pipes Current Ratio Related Terms


Apollo Pipes Current Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Pipes's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apollo Pipes Current Ratio Chart

Apollo Pipes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 1.67 1.14 1.70 1.37

Apollo Pipes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 0.00 1.79 0.00 1.37

NSE:APOLLOPIPE vs TT, JCI, CARR: Current Ratio Comparison

For the Building Products & Equipment subindustry, Apollo Pipes's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apollo Pipes Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Apollo Pipes's Current Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Pipes's Current Ratio falls into.


NSE:APOLLOPIPE
78GF Score
Apollo Pipes Ltd NSE:APOLLOPIPE
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Pipes Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Apollo Pipes's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=4711.971/3449.155
=1.37

Apollo Pipes's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=4711.971/3449.155
=1.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.37 mean?
Apollo Pipes (NSE:APOLLOPIPE) has a Current Ratio of 1.37 as of Mar. 2026. This is 30% below median its historical median of 1.97. Over the past decade, Apollo Pipes' Current Ratio has ranged from 1.14 to 2.89. According to the industry distribution chart, Apollo Pipes ranks #1083 out of 1781 companies in the Construction industry, placing it in the top 60.8%.
Is Apollo Pipes' Current Ratio too high?
Apollo Pipes' current Current Ratio of 1.37 is 30% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 2.89. The Construction industry median Current Ratio is 1.58. Apollo Pipes' value of 1.37 is 13.3% below this industry median. Based on the distribution chart, Apollo Pipes ranks #1083 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Apollo Pipes has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apollo Pipes' Current Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Apollo Pipes ranks #1083 out of 1781 companies for Current Ratio. This places Apollo Pipes in the lower half of its industry. The industry median Current Ratio is 1.58. Apollo Pipes' value of 1.37 is 13.3% below this benchmark. Historically, Apollo Pipes' own Current Ratio has ranged from 1.14 to 2.89 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.58, Apollo Pipes has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,781 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Pipes's current Current Ratio of 1.37 is 13.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Pipes's current Current Ratio is 1.37, which is 30% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Pipes stock overvalued right now?
Based on GuruFocus' analysis, Apollo Pipes (NSE:APOLLOPIPE) is currently considered Fairly Valued. The stock's GF Value™ is ₹499.71, compared to a current price of ₹489.90 — trading 2% below its estimated fair value. The current Current Ratio is 1.37, which is 30% below median its 10-year median of 1.97 and 13.3% below the Construction industry median of 1.58. Apollo Pipes' overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Apollo Pipes (NSE:APOLLOPIPE), the current Current Ratio is 1.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apollo Pipes (NSE:APOLLOPIPE) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Pipes stock appears to be undervalued. The current stock price of ₹489.90 is trading 2% below its estimated GF Value™ of ₹499.71. GuruFocus considers Apollo Pipes to be Fairly Valued.

Key valuation signals for NSE:APOLLOPIPE:

  • Current Ratio: 1.37 (30% below median its 10-year median of 1.97)
  • GF Value™: ₹499.71 vs. price of ₹489.90 (2% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 13.3% below the Construction median (#1083 of 1781)

No single metric tells the full story. See the NSE:APOLLOPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Pipes Business Description

Other Exchanges 531761:India
Address Sector 136, Plot No. A-140, Noida, UP, IND, 201301
Apollo Pipes Ltd is engaged in the business of manufacturing and trading a wide variety of PVC pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler Systems, uPVC pressure pipes and fittings, uPVC column pipes, and Solvent cement, among others. The Key customer segments for the company include Agriculture, Water Management, Long Distance water conveyance, Construction, Oil and Gas, and Telecom Ducting.
78GF Score

Get the complete analysis for NSE:APOLLOPIPE

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹489.90
Price
₹499.71
GF Value