APL Apollo Tubes

APL Apollo Tubes

1,763.30
-2.10
(-0.12%)
ann
Q1 Quarterly Results are out. Check out the updated financials2 days ago
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Key Fundamentals
Add Ratio
Market Cap
49,013.90 Cr
EPS
27.28
PE Ratio
46.72
Dividend Yield
0.33 %
52 Week High
1,936.00
52 Week Low
1,272.70
PB Ratio
10.64
Debt to Equity
0.23
Analyst Rating and Forecast
- By Refinitiv from13 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+69.23 %
+69.23 %
Hold
Hold+23.08 %
+23.08 %
Sell
Sell+7.69 %
+7.69 %
Forecast For
Actual

Company News

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Caret
positive
APL Apollo Tubes Limited announced record quarterly volume, EBITDA, and PAT financials for Q2 FY26 despite challenging market conditions including heavy monsoons and weak construction activity. The company achieved EBITDA spreads above INR 5,000 per ton, driven by brand power demonstration in general category products (EBITDA doubled to INR 3,400 per ton), value-added mix improvement from Raipur and Dubai plants (EBITDA above INR 5,500-6,000 per ton), and operating leverage gains from 850,000+ ton volume. Management maintains guidance of 10-15% volume growth and EBITDA spread of INR 4,600-5,000 per ton for the year. The company operates at 70% capacity utilization across 5 million ton capacity and plans to expand by 7 million tons over the next 2-3 years, including 1 million ton capacity in Middle East and 6 million ton in India. Working capital days remain at zero as of September 2025, boosting ROCE to 32-33%. The expansion will be funded entirely through internal cash flows.
positive
APL Apollo Tubes announced its future EBITDA per ton target of INR 6,000, with a strategic focus on heavy construction and renewable sector products. The company aims for EBITDA of ₹450 crore in Q3 and Q4, and sees potential to exceed forecasts if GDP conditions improve. For FY26, APL Apollo targets 10-15% growth in volume with EBITDA of ₹4,600-5,000 per ton. The company expects monthly volume of 325,000 tons and total volume of 900,000 tons for Q3 FY26.
positive
APL Apollo Tubes' Chairman stated the company is prepared with its capacity, diversified product portfolio, distribution network and strong brand pull. The Chairman expressed expectations that the second half of FY26 will perform much better than the first half of FY26.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,763.30
#1 49,013.90
#10 46.72
#2 20,785.60
#2 14.25
#6 757
#1 460.41
50.30
918.50
24,466.70
11.30
14,167.30
-19.42
#1 1,902
56.71
56.40
855.80
23,797.40
24.58
15,368.10
#1 15.08
909
20.77
39.68
276.70
17,627.70
23.76
5,471.70
-1.47
813
-24.57
59.09
2,458.60
17,312.70
27.93
5,246.10
2.22
542
57.10
54.00
596.85
14,301.90
29.04
4,308.30
1.75
401
81.80
49.75
459.55
13,657.00
33.91
3,513.50
7.59
406
0.46
50.40
169.13
10,951.60
9.77
#1 20,947.80
-0.84
1,458
-70.84
32.02
562.95
7,540.80
#1 9.62
5,465.90
-1.45
777
-43.14
42.61
74.52
7,402.90
19.65
2,666.90
-12.30
-94
407.31
52.32
Growth Rate
Revenue Growth
14.25 %
Net Income Growth
3.37 %
Cash Flow Change
9.15 %
ROE
-11.47 %
ROCE
-5.33 %
EBITDA Margin (Avg.)
-10.49 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
781
972
1,067
924
1,185
944
893
920
1,054
1,129
1,309
1,278
1,457
1,621
1,634
1,625
2,027
1,998
1,588
2,045
1,817
1,084
2,140
2,509
2,518
2,454
2,989
3,132
4,091
3,344
3,857
4,210
4,310
4,424
4,509
4,063
4,586
4,802
4,643
5,289
5,359
5,028
5,063
Expenses
748
944
1,035
876
1,103
883
843
869
997
1,077
1,251
1,226
1,417
1,568
1,604
1,632
1,955
1,947
1,575
1,955
1,769
1,039
2,033
2,369
2,381
2,280
2,862
3,028
3,949
3,245
3,737
4,054
4,108
4,238
4,305
3,898
4,485
4,673
4,636
5,087
5,095
4,798
4,759
EBITDA
33
28
32
48
82
62
50
51
57
52
57
52
40
53
29
-7
72
52
13
90
48
45
107
140
137
174
127
104
143
100
120
156
201
187
203
165
101
129
7
202
264
231
304
Operating Profit %
4 %
3 %
3 %
5 %
7 %
6 %
6 %
5 %
6 %
4 %
4 %
4 %
3 %
3 %
2 %
-1 %
3 %
2 %
1 %
4 %
2 %
4 %
5 %
5 %
5 %
7 %
4 %
3 %
3 %
3 %
3 %
4 %
4 %
4 %
4 %
4 %
2 %
2 %
-0 %
3 %
4 %
4 %
6 %
Depreciation
6
7
8
8
11
10
17
11
13
12
12
14
15
15
16
16
17
20
24
26
26
24
25
26
28
27
27
27
28
29
28
35
47
41
41
47
47
47
47
50
58
54
58
Interest
17
16
17
18
18
20
16
21
15
18
21
20
23
26
31
27
29
28
27
28
24
21
16
15
14
13
11
11
10
10
14
19
25
27
27
29
31
28
36
37
32
33
28
Profit Before Tax
12
33
31
47
53
67
45
47
56
58
63
56
67
71
41
20
95
81
26
111
79
31
138
200
177
226
196
172
239
163
202
229
269
261
277
219
221
252
70
280
359
310
386
Tax
6
11
11
16
25
23
16
18
6
20
22
21
24
24
14
7
34
29
-34
28
18
9
36
51
43
57
50
44
63
42
52
60
67
67
74
54
51
59
16
63
66
73
85
Net Profit
7
22
20
31
28
44
29
29
50
39
41
36
43
47
27
13
62
52
60
83
61
22
103
149
134
168
146
128
177
121
150
169
202
194
203
166
170
193
54
217
293
237
302
EPS in ₹
2.88
9.32
8.56
13.29
11.74
18.64
12.48
12.36
21.18
16.43
17.25
15.17
18.03
19.80
11.24
5.42
26.00
21.54
24.67
33.79
22.85
6.78
37.01
10.59
9.55
11.80
5.85
4.62
6.52
4.82
6.01
6.76
7.28
6.98
7.32
5.97
6.14
6.96
1.94
7.82
10.56
8.55
10.86

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,323
1,660
1,845
2,181
2,774
3,266
3,399
4,452
5,852
7,187
7,596
Fixed Assets
614
666
670
886
1,034
1,708
1,736
1,837
2,580
3,281
3,668
Current Assets
603
890
918
1,138
1,489
1,450
1,399
1,827
2,558
3,341
3,183
Capital Work in Progress
24
32
122
46
28
10
108
504
374
203
336
Investments
0
0
0
1
49
2
2
91
96
103
126
Other Assets
685
962
1,052
1,248
1,663
1,546
1,554
2,020
2,801
3,600
3,467
Total Liabilities
1,323
1,660
1,845
2,181
2,774
3,266
3,399
4,452
5,852
7,187
7,596
Current Liabilities
609
813
943
1,128
1,457
1,225
1,178
1,429
2,180
2,495
2,630
Non Current Liabilities
219
280
198
215
353
590
388
559
666
1,087
757
Total Equity
495
568
703
838
964
1,452
1,833
2,464
3,006
3,605
4,209
Reserve & Surplus
472
544
680
814
940
1,331
1,670
2,409
2,950
3,549
4,153
Share Capital
23
23
24
24
24
25
25
50
56
56
56

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-0
-1
0
5
41
-3
-28
148
-41
223
24
Investing Activities
-191
-93
-170
-165
-264
-435
-647
-530
-876
-916
-375
Operating Activities
315
11
315
91
358
510
977
652
691
1,112
1,213
Financing Activities
-124
81
-145
79
-53
-78
-359
26
143
27
-815

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Nov 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
37.00 %
36.88 %
36.84 %
34.54 %
34.52 %
34.52 %
34.52 %
31.17 %
31.15 %
31.15 %
30.62 %
29.67 %
29.57 %
29.44 %
28.33 %
28.32 %
28.31 %
28.31 %
28.31 %
28.30 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
29.25 %
30.69 %
31.55 %
31.94 %
31.72 %
31.78 %
33.05 %
33.72 %
DIIs
9.26 %
8.71 %
7.88 %
10.04 %
10.20 %
10.17 %
9.73 %
10.58 %
10.42 %
11.08 %
11.11 %
11.13 %
13.76 %
14.06 %
14.90 %
15.90 %
16.50 %
16.74 %
16.83 %
18.91 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
13.25 %
12.86 %
14.70 %
15.40 %
15.93 %
15.19 %
14.51 %
19.12 %
18.42 %
16.88 %
16.26 %
14.67 %
13.75 %
12.58 %
11.36 %
11.25 %
10.51 %
10.44 %
9.74 %
8.11 %
Others
40.48 %
41.55 %
40.58 %
40.02 %
39.35 %
40.11 %
41.25 %
39.13 %
40.01 %
40.88 %
42.02 %
44.53 %
13.68 %
13.23 %
13.86 %
12.59 %
12.95 %
12.73 %
12.07 %
10.96 %
No of Share Holders
56,607
65,695
1,02,080
1,48,735
1,56,055
1,54,818
1,50,440
1,82,087
1,77,076
1,81,466
1,82,754
1,91,718
2,05,845
2,03,720
1,94,192
2,17,648
1,94,598
1,85,524
1,83,416
1,64,361

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 12 14 14 0.00 0.00 3.5 5 5.5 5.75
Dividend Yield (%) 0.00 6.04 9.71 11.23 0.00 0.00 0.29 0.33 0.36 0.33

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
18 Sept 2021 BONUS Bonus
1:1
16 Sept 2021 803.05 946.20
05 Sept 2022 DIVIDEND Dividend
₹ 3.50 /share
02 Sept 2022 808.45 1,034.80
02 Sept 2023 DIVIDEND Dividend
₹ 5.00 /share
01 Sept 2023 1,182.30 1,729.50
19 Sept 2024 DIVIDEND Dividend
₹ 5.50 /share
19 Sept 2024 1,534.30 1,437.00
26 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Sept 2024 1,462.10 1,513.65
29 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Oct 2024 1,536.95 1,449.05
20 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
20 Jan 2025 1,518.95 1,570.15
07 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 May 2025 1,600.00 1,614.55
24 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
24 Jul 2025 1,714.80 1,680.05
22 Aug 2025 DIVIDEND Dividend
₹ 5.75 /share
22 Aug 2025 1,614.55 1,653.20
15 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
15 Sept 2025 1,515.60 1,703.30
29 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Oct 2025 1,752.10 1,777.00

Announcements

Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 30, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 29, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 29, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 29, 2025
Results For The Quarter And Half Year Ended September 30 2025Oct 29, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On October 29 2025Oct 29, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 23, 2025
Board Meeting Intimation for Considering The Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September 2025.Oct 22, 2025
Intimation Regarding Issuance Of Commercial PaperOct 13, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 10, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 01, 2025
Announcement under Regulation 30 (LODR)-Credit RatingSep 30, 2025
Closure of Trading WindowSep 26, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 16, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 16, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 16, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 15, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 15, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 24, 2025
Business Responsibility and Sustainability Reporting (BRSR)Aug 22, 2025
Reg. 34 (1) Annual Report.Aug 22, 2025
Notice Of The 40Th Annual General Meeting Of The CompanyAug 22, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 19, 2025
Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015Aug 11, 2025
Announcement under Regulation 30 (LODR)-AllotmentAug 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2025
Fixation Of Record Date For Final DividendJul 30, 2025
Intimation Of Date Of Annual General Meeting Of The CompanyJul 30, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJul 26, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 24, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationJul 24, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 24, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateJul 24, 2025
Financial Results For The Quarter Ended On 30Th June 2025Jul 24, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On 24Th July 2025Jul 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 17, 2025
Board Meeting Intimation for Board Meeting To Be Held On 24Th July 2025Jul 17, 2025
Intimation Regarding Issuance Of Commercial Paper(S)Jul 14, 2025
Intimation Regarding Issuance Of Commercial Paper(S)Jul 09, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Intimation Regarding Issuance Of Commercial Paper(S)Jul 08, 2025
Intimation Regarding Issuance Of Commercial Paper(S)Jul 07, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 01, 2025
Closure of Trading WindowJun 24, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 13, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 07, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Arbitrage Fund Direct-Growth
0.34%
-358050
-0.07%
-0.03%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.70%
230000
0.17%
0.20%
SBI Arbitrage Opportunities Fund Direct-Growth
0.39%
212100
0.11%
0.24%
ICICI Prudential Equity Arbitrage Direct-Growth
0.31%
203700
0.13%
0.18%
DSP Flexi Cap Fund Direct Plan-Growth
1.75%
195678
0.34%
0.38%
Motilal Oswal Focused Fund Direct-Growth
2.12%
181089
2.12%
2.12%
Invesco India Arbitrage Fund Direct-Growth
0.87%
-152600
-0.04%
0.57%
360 ONE Focused Fund Direct-Growth
1.33%
-106879
-0.20%
-0.13%
HDFC Arbitrage Fund Wholesale Direct-Growth
0.42%
89250
0.07%
0.20%
Mahindra Manulife Small Cap Fund Direct - Growth
3.55%
48636
0.21%
0.56%
Sundaram Infrastructure Advantage Fund Direct-Growth
0.00%
-45000
-0.81%
-0.77%
LIC MF Aggressive Hybrid Fund Direct-Growth
0.00%
-37955
-1.23%
-1.17%
Edelweiss Arbitrage Fund Direct-Growth
0.38%
37800
0.05%
0.18%
Tata Arbitrage Fund Direct - Growth
0.31%
-37450
-0.02%
0.06%
Kotak Quant Fund Direct - Growth
1.35%
-33047
-0.82%
-1.03%
DSP Arbitrage Fund Direct - Growth
0.59%
31850
0.08%
0.18%
Union Midcap Fund Direct - Growth
0.86%
30759
0.35%
0.36%
Aditya Birla Sun Life Balanced Advantage Fund Direct-Growth
0.67%
-28642
-0.04%
-0.07%
Nippon India Arbitrage Fund Direct-Growth
0.14%
28350
0.04%
0.06%
Axis Arbitrage Fund Direct-Growth
0.51%
27650
0.07%
0.27%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan Direct - Growth
0.00%
-26559
-0.48%
-0.47%
UTI Arbitrage Fund Direct-Growth
0.22%
18900
0.03%
0.16%
Aditya Birla Sun Life Arbitrage Fund Direct-Growth
0.54%
18200
0.01%
0.05%
Mahindra Manulife Manufacturing Fund Direct - Growth
1.21%
-17880
-0.29%
-0.22%
Bandhan Arbitrage Fund Direct-Growth
0.61%
15400
0.05%
0.32%

Technical Indicators

RSI(14)
Neutral
50.99
ATR(14)
Volatile
33.72
STOCH(9,6)
Neutral
51.04
STOCH RSI(14)
Oversold
8.52
MACD(12,26)
Bearish
-3.17
ADX(14)
Weak Trend
15.42
UO(9)
Bearish
44.13
ROC(12)
Downtrend And Accelerating
-0.09
WillR(14)
Neutral
-71.21

About APL Apollo Tubes

APL Apollo Tubes Limited is India's largest producer of structural steel tubes and pipes. The company operates 11 manufacturing facilities across India with a total capacity of 3.6 MTPA. It offers over 2,000 varieties of steel products including MS Black pipes, Galvanized Tubes, Pre-Galvanized Tubes, Structural ERW Steel tubes and Hollow Sections. These products cater to various industries such as urban infrastructure, automobile, construction, housing, energy, irrigation, solar plants, greenhouses and engineering. APL Apollo has a distribution network of over 800 dealers spread across India, with warehouses and branch offices in over 20 cities. The company has introduced innovative products like color coated pipes and window/door frames, and has invested in new technologies like Direct Forming Technology (DFT) and high-speed mills to enhance its production capabilities. APL Apollo has also expanded internationally with subsidiaries in Dubai and UAE.
Chairperson NameSANJAY GUPTA