Apollo PipesNSE:APOLLOPIPE -1.16%78 ROE % is 0.49% as of Mar. 2026, which is 96% below its 10-year median of 11.90. GuruFocus rates NSE:APOLLOPIPE with a GF Score™ of 78/100 and a GF Value™ of ₹499.52 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,743 Construction companies, Apollo Pipes ranks worse than 72.75% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Apollo Pipes's annualized net income for the quarter that ended in Mar. 2026 was ₹40 Mil. Apollo Pipes's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹8,191 Mil. Therefore, Apollo Pipes's annualized ROE % for the quarter that ended in Mar. 2026 was 0.49%.
The historical rank and industry rank for Apollo Pipes's ROE % or its related term are showing as below:
NSE:APOLLOPIPE'
s ROE % Range Over the Past 10 Years
Min: 0.92 Med: 11.9 Max: 21.56
Current: 0.92
During the past 13 years, Apollo Pipes's highest ROE % was 21.56%. The lowest was 0.92%. And the median was 11.90%.
NSE:APOLLOPIPE's ROE % is ranked worse than 72.75% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs NSE:APOLLOPIPE: 0.92
Apollo Pipes (NSE:APOLLOPIPE) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Apollo Pipes ROE % Related Terms
Apollo Pipes ROE % Historical Data
* Premium members only.
The historical data trend for Apollo Pipes's ROE % 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.
For the Building Products & Equipment subindustry, Apollo Pipes's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry
For the Construction industry and Industrials sector, Apollo Pipes's ROE % distribution charts can be found below:
* The bar in red indicates where Apollo Pipes's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Apollo Pipes (NSE:APOLLOPIPE) has a ROE % of 0.49% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Apollo Pipes and its competitors. This is 96% below median its historical median of 11.90. Over the past decade, Apollo Pipes' ROE % has ranged from 0.92 to 21.56. According to the industry distribution chart, Apollo Pipes ranks #1268 out of 1743 companies in the Construction industry, placing it in the top 72.7%.
Is Apollo Pipes' ROE % too high?
Apollo Pipes' current ROE % of 0.49% is 96% below median its 10-year median of 11.90. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 21.56. The Construction industry median ROE % is 6.69. Apollo Pipes' value of 0.49% is 92.7% below this industry median. Based on the distribution chart, Apollo Pipes ranks #1268 out of 1743 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' ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Apollo Pipes ranks #1268 out of 1743 companies for ROE %. This places Apollo Pipes in the lower half of its industry. The industry median ROE % is 6.69. Apollo Pipes' value of 0.49% is 92.7% below this benchmark. Historically, Apollo Pipes' own ROE % has ranged from 0.92 to 21.56 over the past decade. While the company's 10-year median is 11.90 vs. the industry median of 6.69, 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Pipes's current ROE % of 0.49% is 92.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Apollo Pipes and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Pipes's current ROE % is 0.49%, which is 96% below median its own 10-year median of 11.90. 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 ₹499.52, compared to a current price of ₹481.70 — trading 3.6% below its estimated fair value. The current ROE % is 0.49%, which is 96% below median its 10-year median of 11.90 and 92.7% below the Construction industry median of 6.69. Apollo Pipes' overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Apollo Pipes (NSE:APOLLOPIPE), the current ROE % is 0.49% 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 ₹481.70 is trading 3.6% below its estimated GF Value™ of ₹499.52.
GuruFocus considers Apollo Pipes to be Fairly Valued.
Key valuation signals for NSE:APOLLOPIPE:
ROE %: 0.49% (96% below median its 10-year median of 11.90)
GF Value™: ₹499.52 vs. price of ₹481.70 (3.6% below fair value)
Industry Position: 92.7% below the Construction median (#1268 of 1743)
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 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
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