APL Apollo Tubes Reports 72% Profit Surge, Approves ₹1,500 Cr Capex, and Revises FY25 Guidance
APL Apollo Tubes, a leading structural steel tube manufacturer, reported a 72% increase in Q4 net profit to ₹293 crore. The company's revenue rose 15.6% to ₹5,509 crore, with EBITDA margin improving to 7.50%. APL Apollo approved a ₹1,500 crore capex plan to increase capacity from 4.5 to 6.8 million tonnes over three years. A final dividend of ₹5.75 per share was declared. The company slightly revised its FY25 sales volume guidance to 3.16 million tons from 3.2 million tons.
APL Apollo Tubes Limited reported exceptional sales performance for Q4FY25, with a record-breaking volume of 850,447 tons, marking a 25% YoY increase. The company's FY25 total sales volume reached 3,157,978 tons, showing a 21% YoY growth. Apollo Structural products remained the largest contributor, while Apollo Z and Apollo Coated segments demonstrated significant growth. The company's diverse product portfolio and extensive distribution network across India and the UAE have been key factors in this remarkable performance.
13Mar 25
APL Apollo Tubes Witnesses Substantial Block Trade on NSE
A significant block trade of APL Apollo Tubes Ltd. shares occurred on the National Stock Exchange. 231,271 shares were traded at Rs. 1,394.95 per share, totaling Rs. 32.26 crores. This large transaction has drawn attention from market observers, potentially signaling shifts in institutional holdings or investor perspectives on the company.