APL Apollo Tubes Ltd
APLAPOLLO NSE
APL Apollo Tubes Ltd
Industrials F&ONSE: APLAPOLLO BSE: 533758 Industrial Products
Key Fundamentals
MidcapIron & Steel ProductsIndustrial ProductsMarket Cap
₹52,451 Cr
Volatility
Moderate
P/E Ratio
43.4
EBITDA
₹1,106 Cr
Return on Equity
21.36%
Debt to Equity
0.23
Book Value
₹190.76
EPS
₹26.38
52W High
₹2,301.4
52W Low
₹1,492
Technical Indicators
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 27.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.5%
Weaknesses
1- Stock is trading at 9.95 times its book value
Growth Rate
Revenue Growth
7.69% ↗
Net Income Growth
61.48% ↗
Cash Flow Change
9.15% ↗
ROE
-11.47% ↘
ROCE
-5.33% ↘
EBITDA Margin (Avg.)
-21.03% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,431 | 4,545 | 4,630 | 4,178 | 4,766 | 4,974 | 4,774 | 5,433 | 5,509 | 5,170 | 5,206 | 5,982 | 6,269 |
| Expenses | 4,108 | 4,238 | 4,305 | 3,898 | 4,485 | 4,673 | 4,636 | 5,087 | 5,095 | 4,798 | 4,759 | 5,511 | 5,758 |
| Operating Profit | 323 | 307 | 325 | 280 | 280 | 302 | 138 | 346 | 414 | 372 | 447 | 472 | 511 |
| OPM % | 7% | 7% | 7% | 7% | 6% | 6% | 3% | 6% | 8% | 7% | 9% | 8% | 8% |
| Other Income | 18 | 22 | 20 | 15 | 19 | 25 | 15 | 22 | 35 | 26 | 25 | 25 | 36 |
| Interest | 25 | 27 | 27 | 28 | 31 | 28 | 36 | 37 | 32 | 33 | 28 | 33 | 32 |
| Depreciation | 47 | 41 | 41 | 47 | 47 | 46 | 47 | 50 | 58 | 54 | 58 | 59 | 59 |
| PBT | 269 | 261 | 277 | 219 | 221 | 252 | 70 | 280 | 359 | 310 | 386 | 404 | 457 |
| Tax % | 25% | 26% | 27% | 24% | 23% | 23% | 23% | 23% | 18% | 23% | 22% | 23% | 22% |
| Net Profit | 202 | 194 | 203 | 166 | 170 | 193 | 54 | 217 | 293 | 237 | 302 | 310 | 354 |
| EPS in Rs | 7.28 | 6.98 | 7.32 | 5.96 | 6.14 | 6.96 | 1.94 | 7.82 | 10.56 | 8.55 | 10.86 | 11.17 | 12.76 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,090 | 4,154 | 3,924 | 5,335 | 7,152 | 7,723 | 8,500 | 13,063 | 16,166 | 18,119 | 20,690 | 23,079 |
| Expenses | 2,908 | 3,872 | 3,590 | 4,964 | 6,759 | 7,246 | 7,821 | 12,118 | 15,143 | 16,926 | 19,490 | 21,277 |
| Operating Profit | 182 | 282 | 334 | 371 | 393 | 478 | 679 | 946 | 1,022 | 1,193 | 1,199 | 1,802 |
| OPM % | 6% | 7% | 9% | 7% | 5% | 6% | 8% | 7% | 6% | 7% | 6% | 8% |
| Other Income | 4 | -15 | 5 | 8 | 12 | 22 | 36 | 40 | 46 | 74 | 96 | 112 |
| Interest | 66 | 70 | 72 | 81 | 113 | 107 | 66 | 44 | 67 | 113 | 133 | 125 |
| Depreciation | 22 | 34 | 51 | 53 | 64 | 96 | 103 | 109 | 138 | 176 | 201 | 231 |
| PBT | 98 | 163 | 216 | 244 | 227 | 296 | 546 | 832 | 863 | 978 | 960 | 1,557 |
| Tax % | 35% | 38% | 30% | 35% | 35% | 14% | 25% | 26% | 26% | 25% | 21% | 23% |
| Net Profit | 64 | 101 | 152 | 158 | 148 | 256 | 408 | 619 | 642 | 732 | 757 | 1,203 |
| EPS in Rs | 2.72 | 4.29 | 6.45 | 6.66 | 6.22 | 9.58 | 14.42 | 24.73 | 23.14 | 26.39 | 27.28 | 43.33 |
| Div. Payout % | 22% | 23% | 19% | 21% | 23% | 0% | 0% | 14% | 22% | 21% | 21% | 20% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 24 | 24 | 24 | 25 | 25 | 50 | 55 | 56 | 56 | 56 |
| Reserves | 472 | 544 | 680 | 814 | 940 | 1,331 | 1,670 | 2,414 | 2,950 | 3,549 | 4,153 | 5,241 |
| Borrowings | 482 | 651 | 594 | 775 | 858 | 834 | 520 | 581 | 873 | 1,144 | 634 | 498 |
| Other Liabilities | 345 | 442 | 547 | 568 | 952 | 1,075 | 1,184 | 1,407 | 1,973 | 2,438 | 2,753 | 3,039 |
| Total Liabilities | 1,323 | 1,660 | 1,845 | 2,181 | 2,774 | 3,266 | 3,399 | 4,452 | 5,852 | 7,187 | 7,596 | 8,833 |
| Fixed Assets | 614 | 666 | 670 | 886 | 1,034 | 1,708 | 1,736 | 1,837 | 2,580 | 3,281 | 3,668 | 4,060 |
| CWIP | 24 | 32 | 122 | 46 | 27 | 10 | 108 | 504 | 374 | 203 | 336 | 328 |
| Investments | 19 | 13 | 0 | 1 | 49 | 2 | 1 | 91 | 96 | 103 | 126 | 48 |
| Other Assets | 666 | 949 | 1,052 | 1,248 | 1,663 | 1,546 | 1,554 | 2,020 | 2,801 | 3,600 | 3,467 | 4,396 |
| Total Assets | 1,323 | 1,660 | 1,845 | 2,181 | 2,774 | 3,266 | 3,399 | 4,452 | 5,852 | 7,187 | 7,596 | 8,833 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 315 | 11 | 315 | 91 | 358 | 510 | 977 | 652 | 691 | 1,112 | 1,213 | 2,103 |
| Investing | -191 | -93 | -170 | -165 | -264 | -435 | -647 | -530 | -876 | -916 | -375 | -1,394 |
| Financing | -124 | 81 | -145 | 79 | -53 | -78 | -359 | 26 | 143 | 27 | -815 | -438 |
| Net Cash Flow | 0 | 0 | 0 | 5 | 41 | -3 | -28 | 148 | -41 | 222 | 24 | 271 |
| Free Cash Flow | 134 | -99 | 144 | -77 | 132 | 208 | 697 | 65 | -151 | 450 | 562 | 1,451 |
| CFO/OP | 177 | 19 | 113 | 41 | 108 | 124 | 162 | 90 | 89 | 111 | 117 | 133 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21 | 19 | 27 | 30 | 28 | 23 | 6 | 10 | 3 | 3 | 5 | 6 |
| Inventory Days | 44 | 61 | 53 | 47 | 45 | 44 | 39 | 28 | 39 | 38 | 33 | 27 |
| Days Payable | 28 | 26 | 44 | 30 | 40 | 42 | 40 | 34 | 42 | 46 | 46 | 44 |
| Cash Conversion Cycle | 36 | 54 | 36 | 47 | 33 | 24 | 4 | 3 | 0 | -5 | -8 | -12 |
| Working Capital Days | -3 | 7 | -3 | 0 | -1 | 8 | -6 | 0 | 1 | 10 | 0 | 2 |
| ROCE % | 17% | 24% | 23% | 22% | 20% | 20% | 26% | 32% | 27% | 25% | 22% | 32% |
Documents
1
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4 May - APL Apollo Tubes shared audio recording link for 4 May 2026 investor conference call on audited results. 4 May - APL Apollo Tubes shared audio recording link for 4 May 2026 investor conference call on audited results.
2
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 May - Newspaper Publication of the Audited Financial Results for the quarter and year ended on March 31, 2026 3 May - Newspaper Publication of the Audited Financial Results for the quarter and year ended on March 31, 2026
3
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2 May - APL Apollo Tubes released Q4FY26/FY26 audited results; revenue rose 14% in Q4, EBITDA 24%, PAT 21%. 2 May - APL Apollo Tubes released Q4FY26/FY26 audited results; revenue rose 14% in Q4, EBITDA 24%, PAT 21%.
5
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 May - APL Apollo Tubes Limited has informed regarding the transcript of the Conference Call held on May 04, 2026 6 May - APL Apollo Tubes Limited has informed regarding the transcript of the Conference Call held on May 04, 2026
Frequently Asked Questions about APL Apollo Tubes Ltd
What does APL Apollo Tubes Ltd do?
APL Apollo Tubes Limited (APL Apollo) is one of India’s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company runs 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes an...
Where is APL Apollo Tubes Ltd (APLAPOLLO) listed?
APL Apollo Tubes Ltd is listed on the Indian stock exchanges. It is listed on NSE: APLAPOLLO and BSE: 533758. You can view its live share price, financials, and ratios on Tapetide.
Which sector does APL Apollo Tubes Ltd belong to?
APL Apollo Tubes Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of APL Apollo Tubes Ltd?
APL Apollo Tubes Ltd has a market capitalisation of approximately ₹52451.00 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of APL Apollo Tubes Ltd?
The Price-to-Earnings (PE) ratio of APL Apollo Tubes Ltd is 43.40. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of APL Apollo Tubes Ltd?
Over the past 52 weeks, APL Apollo Tubes Ltd has traded between a low of ₹1,492 and a high of ₹2,301.4. This range helps investors understand the stock's price volatility and recent trading levels.
Does APL Apollo Tubes Ltd pay dividends?
Yes, APL Apollo Tubes Ltd has a dividend yield of 0.30%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of APL Apollo Tubes Ltd?
APL Apollo Tubes Ltd has a Return on Equity (ROE) of 21.36%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research APL Apollo Tubes Ltd on Tapetide?
On Tapetide, you can view APL Apollo Tubes Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
APL Apollo Tubes Limited (APL Apollo) is one of India’s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company runs 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes and Hollow Sections to serve industry applications like urban infrastructures, housing, irrigation, solar plants, greenhouses and engineering. [1]
Website aplapollo.com
CEO Mr. Sanjay Gupta
Employees 3,382
Listed 2011-12-14
Face Value ₹ 2
Issued Size 27,76,36,026