APOLLOPIPE

- Mr. Sanjay Gupta appointed as Director (Non-Executive Category) and Chairman of Apollo Pipes Limited, effective August 04, 2026. - He has over 30 years of industry experience and previously served as Director and Chairman of the Company. - He is the brother of Mr. Sameer Gupta, MD.

- The 40th Annual General Meeting (AGM) of Apollo Pipes Limited was held on August 04, 2026. - All 8 resolutions proposed at the AGM were passed by the shareholders. - Key resolutions included adoption of the standalone and consolidated audited financial statements for FY26, declaration of a final dividend of Rs. 0.70/- per equity share for FY26, and re-appointment/appointment of directors.

- Q1 FY27 sales volume was flat YoY, with normalized consolidated EBITDA margins at 7% due to inventory write-downs and aggressive pricing during a soft quarter. - Management expects Q2 to be better QoQ and H2 to be quite good, projecting high double-digit volume growth for FY27 and subsequent years. - Guidance for EBITDA margin is 7%-8% for the next 12-15 months, with potential to increase by 50-100 bps as new plants stabilize. - Long-term target (by FY31) of ₹5,000 Cr revenue, with ₹800-1,000 Cr from each of four PVC pipe plants (10%+ EBITDA margin) and ₹1,000 Cr from new products. - CAPEX of ₹200 Cr for FY27-FY28 (₹100 Cr each year) to be funded from internal cash flows; a total of ₹600-700 Cr CAPEX is planned over the next five years. - Working capital days target is to reduce from 45 to 30 by next year, aiming for cash-and-carry schemes with distributors.

- Audio recording of the investor/analyst conference call held on July 31, 2026, to discuss Q1 FY27 results is available at www.apollopipes.com/conference-call-audio-recording.

- Consolidated Revenue ₹295.4 Cr (▲7% YoY) - EBITDA ₹3.0 Cr (▼85% YoY) - PAT turned to a loss of ₹8.6 Cr vs profit of ₹8.1 Cr in Q1FY26 - EBITDA Margin 1.0% vs 7.49% (▼649bps YoY)

- Consolidated Revenue ₹29,543.49 Lakh vs ₹27,500.16 Lakh (▲7.43% YoY) - EBITDA ₹304.44 Lakh vs ₹2,067.60 Lakh (▼85.29% YoY) - PAT ₹(1,111.49) Lakh vs ₹816.12 Lakh (▼ from profit to loss YoY) - EBITDA Margin 1.03% vs 7.52% (▼649bps)