APL Apollo Tubes Q1FY27 volume drops 6% YoY to 744,823 Ton

1 min read Updated on 02 Jul 2026, 05:15 AM

Reviewed by

Naman SScanX News Team

AI Summary

APL Apollo Tubes Limited reported a sales volume of 744,823 Ton for Q1FY27, a 6% decline from 794,350 Ton in Q1FY26, missing its FY27 guidance of 15–20% growth. The company adopted a revised product segmentation framework this quarter. Total sales volume for FY26 was 3,491,243 Ton.

*this image is generated using AI for illustrative purposes only.

APL Apollo Tubes Limited reported a sales volume of 744,823 Ton for Q1FY27, marking a 6% year-on-year decline from 794,350 Ton in Q1FY26. The result falls short of the company's FY27 volume growth guidance of 15–20% YoY, highlighting a challenging start to the financial year. The company, a manufacturer of structural steel tubes, has adopted a revised product segmentation framework from this quarter to improve the clarity of its business reporting. The total sales volume for FY26 reached 3,491,243 Ton.

Guidance vs. Actual Performance

The Q1FY27 volume performance stands in contrast to the company's stated growth ambitions for the full year. The following table captures the key comparison:

Parameter:	Details
Q1FY27 Sales Volume:	744,823 Ton
Q1FY26 Sales Volume:	794,350 Ton
YoY Change:	-6%
FY27 Volume Growth Guidance:	15–20% YoY

Sales Performance by Category

The sales data for the building material product range reflects performance across various segments, including branded products and international operations. The APL Apollo Brand contributed the majority of the volume, while the SG Premium Brand and UAE Operations showed specific trends over the reported periods.

Product Category (Ton)	Q1FY27	Q4FY26	Q3FY26	Q2FY26	Q1FY26	FY26	FY25	FY24
APL Apollo Brand	568,691	697,094	664,992	653,680	640,258	2,656,024	2,656,713	2,304,217
SG Premium Brand	58,686	90,504	87,860	38,356	14,141	230,862	-	-
UAE Operations	25,929	49,835	58,093	57,931	48,162	214,021	142,957	41,556
Roofing Products	91,516	87,447	106,031	105,071	91,788	390,337	358,309	272,704
Total	744,823	924,881	916,976	855,037	794,350	3,491,243	3,157,978	2,618,477

Operational Context

The filing was submitted to the National Stock Exchange of India Limited and BSE Limited on July 1, 2026. The company operates multiple manufacturing facilities across India and the UAE, catering to diverse sectors such as urban infrastructure, real estate, and commercial construction.

Historical Stock Returns for APL Apollo Tubes

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.02%	-0.31%	+1.06%	-7.45%	+2.57%	+119.36%

What specific demand headwinds caused the Q1 volume decline, and are they expected to persist?

Will the company revise its FY27 volume growth guidance of 15–20% following this shortfall?

How will the new product segmentation framework influence future reporting and strategic focus?

Read Next Article

APL Apollo Tubes to sell Blue Ocean Projects stake for ₹160 crore

1 min read Updated on 29 Jun 2026, 07:52 PM

Reviewed by

Anirudha BScanX News Team

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AI Summary

APL Apollo Tubes Limited's Board has approved the disinvestment of its entire shareholding in Blue Ocean Projects Private Limited to SG Realtor Private Limited for ₹160 crore. The related party transaction, approved on June 27, 2026, is based on an independent valuation and is expected to be completed by December 31, 2026. Blue Ocean Projects, a wholly owned subsidiary engaged in holding real estate assets, reported a turnover of ₹14.91 crore and a net worth of ₹139.09 crore as on March 31, 2026.

*this image is generated using AI for illustrative purposes only.

APL Apollo Tubes Limited has approved the sale of its entire shareholding in Blue Ocean Projects Private Limited to SG Realtor Private Limited for ₹160 crore. The transaction involves the divestment of the company's wholly owned subsidiary, which holds real estate assets, and is expected to be completed by December 31, 2026.

The Board of Directors granted approval at its meeting held on June 27, 2026, based on the recommendation of the Audit Committee. SG Realtor Private Limited, the buyer, is classified as a related party because the promoters of APL Apollo Tubes and their immediate relatives hold more than 20% of its equity share capital.

The company stated that the transaction is being conducted at arm's length, with the consideration determined by a valuation report from an independent registered valuer. A share sale and purchase agreement is scheduled to be signed on or before December 31, 2026.

Blue Ocean Projects Private Limited contributed minimally to the consolidated operations of APL Apollo Tubes in the last financial year. As on March 31, 2026, the subsidiary's turnover was ₹14.91 crore, representing 0.06% of the consolidated turnover, while its net worth stood at ₹139.09 crore, accounting for 2.63% of the consolidated net worth.

Financials of Blue Ocean Projects Private Limited

Particulars	Amount (₹ Crores)	Percentage of Consolidated Turnover
Turnover/ Revenue	14.91	0.06%
Total Income	17.16	0.07%
Net worth	139.09	2.63%

Historical Stock Returns for APL Apollo Tubes

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.02%	-0.31%	+1.06%	-7.45%	+2.57%	+119.36%

How does APL Apollo Tubes plan to utilize the ₹160 crore proceeds from the divestment to strengthen its core business operations?

What strategic rationale drove the decision to divest real estate assets despite the subsidiary representing 2.63% of the company's consolidated net worth?

Will the completion of this transaction by December 2026 trigger any significant restructuring or streamlining of APL Apollo's other non-core investments?