APL Apollo Tubes Achieves Record Performance in Q2FY26 Amid Challenging Environment
APL Apollo Tubes Limited has reported its strongest quarterly performance in Q2FY26, with sales volume reaching 855,037 Ton (13% YoY increase) and revenue of ₹5,206.30 crore (9% YoY increase). The company's EBITDA surged by 224% YoY to ₹447.00 crore, while net profit skyrocketed by 461% YoY to ₹301.54 crore. These results were achieved despite challenges such as extended monsoons and a subdued macroeconomic environment. The company maintained a net cash position of ₹511.50 crore and increased its value-added sales mix to 57%.

*this image is generated using AI for illustrative purposes only.
APL Apollo Tubes Limited , India's leading branded structural steel tube manufacturer, has reported its strongest quarterly performance to date in Q2FY26, demonstrating remarkable resilience in a challenging market environment.
Financial Highlights
APL Apollo has posted impressive results for the quarter ended September 30, 2025:
| Metric | Q2FY26 | YoY Change | QoQ Change |
|---|---|---|---|
| Sales Volume | 855,037 Ton | 13.00% | 8.00% |
| Revenue | ₹5,206.30 crore | 9.00% | 1.00% |
| EBITDA | ₹447.00 crore | 224.00% | 20.00% |
| EBITDA/Ton | ₹5,228 | 187.00% | 12.00% |
| Net Profit | ₹301.54 crore | 461.00% | 27.00% |
Strong Performance Amid Challenges
The company has achieved these results despite facing several headwinds:
- Extended monsoons
- Subdued macroeconomic environment
- Global trade uncertainty
- Ongoing slowdown in government infrastructure spending
Strategic Readiness
Sanjay Gupta, Chairman of APL Apollo, commented on the results: "We are ready with our capacity, diversified product portfolio, distribution network and strong brand pull. Henceforth we expect 2HFY26 to perform much better than 1HFY26."
Key Operational Metrics
- Value-added sales mix increased to 57% in Q2FY26 from 55% in Q2FY25
- Net working capital days remained at 0, showcasing efficient working capital management
- The company maintained a net cash position of ₹511.50 crore as of Q2FY26
Future Outlook
APL Apollo's management expressed confidence in its future performance, citing:
- Commitment to exceptional product quality
- Strong customer satisfaction focus
- Prudent working capital management
The company's strategic positioning and operational efficiency have enabled it to navigate challenging market conditions successfully, setting a strong foundation for future growth.
About APL Apollo Tubes Limited
APL Apollo Tubes Limited is India's leading structural steel tube manufacturer, operating 11 manufacturing facilities with a total capacity of 4.5 Million Tons. The company offers over 3,000 varieties of products for various applications in urban infrastructure, real estate, and engineering sectors.
Historical Stock Returns for APL Apollo Tubes
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.56% | +2.92% | +6.42% | +12.79% | +19.49% | +482.21% |









































