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Apollo Pipes Ltd vs Mehul Colours Ltd Stock Comparison

Apollo Pipes Ltd vs Mehul Colours Ltd Stock Comparison

Last Updated on: Sep 21, 2026

Key Highlights

  • The Latest Trading Price of Apollo Pipes Ltd is ₹ 540.55 as of 21 Sep 15:30 . The P/E Ratio of Apollo Pipes Ltd is 58.7 as of March 2024 .The P/E Ratio of Mehul Colours Ltd is 0 as of March 2024 . The Market Cap of Apollo Pipes Ltd is ₹ 2503 crore as of March 2024 .The Market Cap of Mehul Colours Ltd is ₹ 0 crore as of March 2024 . The revenue of Apollo Pipes Ltd for the Jun '26 is ₹ 297.65 crore as compare to the Mar '26 revenue of ₹ 348.52 crore. This represent the decline of -14.6% The revenue of Mehul Colours Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Apollo Pipes Ltd for the Jun '26 is ₹ 5.26 crore as compare to the Mar '26 ebitda of ₹ 19.53 crore. This represent the decline of -73.07% The ebitda of Mehul Colours Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Apollo Pipes Ltd changed from ₹ 13.88 crore to ₹ -11.11 crore over 9 quarters. This represents a CAGR of NaN% The net profit of Mehul Colours Ltd changed from ₹ 0 crore to ₹ 0 crore over 9 quarters. This represents a CAGR of 0.0% The Dividend Payout of Apollo Pipes Ltd changed from 7.9 % on March 2022 to 25.3 % on March 2026 . This represents a CAGR of 26.21% over 5 yearsThe Dividend Payout of Mehul Colours Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .

About Apollo Pipes Ltd

  • Apollo Pipes Limited, formerly known as Amulya Leasing and Finance Limited was incorporated on December 9, 1985.
  • The Company changed its name from Amulya Leasing and Finance Limited to Apollo Pipes Limited on December 20, 2017.
  • The Company is engaged in the manufacturing and trading of PVC Pipes and Fittings.
  • Their products include varieties of CPVC products, uPVC products, HDPE products, Steel Pipes & Hollow Sections. Through the Open offer process, Mr. Sameer Gupta acquired 10,00,340 Equity Shares of Rs. 10/- each fully paid up representing 20% of the total Issued and Subscribed Equity Share Capital of the Company at a price of Rs. 28 per fully paid up equity share and with the effective acquisition, he took over the management control of the Company during the year 2011. During the FY 2014-15, M/s.

About Mehul Colours Ltd

  • Mehul Colours Limited was acquired under the name of 'Mehul Colours and Masterbatches Private Limited' following the acquisition of the ongoing business of the proprietary concern, M/S Mehul Colour Chem in December 1995.
  • Thereafter, the Company got incorporated as 'Mehul Colours and Masterbatches Private Limited' on 12 December, 1995, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Maharashtra.
  • Thereafter, Company was converted from private limited to public limited, and the name of the Company was changed from 'Mehul Colours and Masterbatches Private Limited' to 'Mehul Colours and Masterbatches Limited' dated December 16, 2024 and subsequently, the name of Company was changed from 'Mehul Colours and Masterbatches Limited' to 'Mehul Colours Limited' vide fresh Certificate of Incorporation issued by the Registrar of Companies, Central Processing Centre, as on January 9, 2024.

FAQs for the comparison of Apollo Pipes Ltd and Mehul Colours Ltd

Which company has a larger market capitalization, Apollo Pipes Ltd or Mehul Colours Ltd?

Market cap of Apollo Pipes Ltd is 2,393 Cr while Market cap of Mehul Colours Ltd is 56 Cr

What are the key factors driving the stock performance of Apollo Pipes Ltd and Mehul Colours Ltd?

The stock performance of Apollo Pipes Ltd and Mehul Colours Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Apollo Pipes Ltd and Mehul Colours Ltd?

As of September 21, 2026, the Apollo Pipes Ltd stock price is INR ₹543.4. On the other hand, Mehul Colours Ltd stock price is INR ₹54.0.

How do dividend payouts of Apollo Pipes Ltd and Mehul Colours Ltd compare?

To compare the dividend payouts of Apollo Pipes Ltd and Mehul Colours Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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