APL Apollo Tubes Limited

APL Apollo Tubes Limited

APLAPOLLO.BO
APL Apollo Tubes LimitedIN flagBombay Stock Exchange
1,805.50
INR
+36.15
- -
501.31BMarket Cap
APL Apollo Tubes Limited
APLAPOLLO.BO
(Bombay Stock Exchange)

Recent

price

1,805.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
44.6
68.19
91.8
108.06
131.82
177.22
161.73
218
290.52
303.26
329.72
505.18
565.45
631.12
720.55
- -
728.86
Revenue per Share
2.12
2.41
3.15
2.56
2.72
4.29
6.47
6.68
6.25
9.72
14.46
24.77
23.15
26.4
27.28
- -
28.87
Basic EPS, GAAP
-2.25
1.08
0.39
1.06
5.58
-4.88
7.93
-3.44
5.09
20.81
39.22
26.08
24.94
40.07
43.93
- -
- -
Free Cash Flow per Basic Share
0.23
0.24
0.23
0.56
0.5
0.6
1
1.2
1.41
1.39
- -
- -
3.16
5
5.5
- -
- -
Dividend per Share
5.17
7.23
9.12
10.44
11.98
14.1
18.78
23.16
26.38
36.85
49.06
80.24
92.53
113.88
135.62
- -
- -
Book Value per Share
10.68
13.74
15.91
17.46
19.14
23.15
28.76
34.31
39.53
53.55
67.98
93.05
103.42
124.9
146.62
- -
- -
Tangible Book Value per Share
203
203
218
230
234
234
235
237
237
245
249
250
277
277
278
- -
277
Basic Weighted Avg Shares
9,052
13,874
20,017
24,868
30,896
41,538
38,051
51,571
68,946
74,266
82,149
126,253
156,744
175,070
199,963
223,836
202,220
Sales/Revenue/Turnover
9.44
7.62
7.34
5.96
5.17
6.29
7.56
6.58
4.8
5.14
7.03
6.63
5.65
5.82
4.99
7.02
5.24
Operating Margin (%)
62
93
125
164
220
341
509
534
643
959
1,028
1,090
1,383
1,759
2,013
2,309
2,092
Depreciation Expense
431
491
686
590
638
1,006
1,521
1,581
1,482
2,380
3,602
6,190
6,419
7,324
7,571
12,031
8,011
Net Income, GAAP
31.17
32.32
34.63
33.71
34.73
38.3
29.58
35.28
34.67
13.61
25.3
25.63
25.65
25.09
21.18
22.75
21.34
Effective Tax Rate (%)
4.76
3.54
3.43
2.37
2.06
2.42
4
3.07
2.15
3.2
4.38
4.9
4.09
4.18
3.79
5.37
3.96
Profit Margin (%)
585
850
853
948
-53
852
-255
101
320
2,253
2,207
3,977
3,775
8,459
5,529
9,852
- -
Working Capital
361
719
842
1,372
1,406
1,876
1,049
782
1,745
4,044
1,835
3,472
4,081
8,056
4,281
3,015
- -
LT Debt
2,366
2,994
3,678
4,252
4,951
5,691
7,034
8,378
9,641
14,516
18,330
24,640
30,056
36,046
42,087
52,965
- -
Total Equity
18.94
15.95
13.19
11.05
10.74
14.29
15.69
14.92
12.54
16.05
18.57
22.52
18.59
17.44
16.21
22.64
- -
Return on Invested Capital (%)
31.82
22.96
17.26
14.02
13.74
15.96
19.76
17.54
15.67
18.53
19.21
25.11
22.08
20.93
19.82
52.51
54.23
Return on Capital (%)
49.12
38.92
39.67
26.86
24.47
32.9
39.38
31.95
25.26
31.14
33.9
38.35
28.09
25.59
21.87
63
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
2,063
- -
LT Borrowings
- -
4,092
- -
LT Finance Leases
- -
189
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
278
- -
Market Capitalization
435,163
423,024
481,966

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
31,830
- -
Cash, Cash Equivalents & STI
- -
7,371
- -
Accounts Receivable, Net
- -
2,673
- -
Inventories
- -
16,232
- -
Total Current Liabilities
- -
26,301
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,063
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.36%
23.79%
25.85%
Free Cash Flow
-12.56%
23.15%
72.53%
Net Income, GAAP
31.28%
30.39%
58.91%
Sales/Revenue/Turnover
19.48%
23.14%
11.94%
Total Cash Common Dividend
- -
- -
4.59%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
44,025
44,890
40,478
45,678
175,070
2025
47,771
46,278
52,670
53,244
199,963
2026
50,028
56,485
60,760
- -
223,836

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.98
7.32
5.97
- -
26.4
2025
6.96
1.94
7.82
10.56
27.28
2026
8.55
11.17
12.76
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
5.5
2026
- -
- -
- -
- -
- -
Business
APL Apollo Tubes Limited manufactures and sells structural steel tubes and pipes in India. The company produces over 2500 varieties of pre-galvanized tubes, structural steel tubes, galvanized tubes, mild steel black pipes and hollow sections; it operates 11 manufacturing units with a total capacity of 4.3 million tonnes per annum across locations including Sikandrabad, Hosur, Hyderabad, Raipur, Murbad, Bangalore and UAE. Headquartered in Delhi NCR and founded in 1986, APL Apollo maintains a three-tier distribution network with over 800 dealers, warehouses and branches in 29 cities serving domestic infrastructure, construction, housing, agriculture, energy, automotive and engineering sectors as well as exports to 20 countries worldwide. Recent developments include the 2022 merger with Shri Lakshmi Metal Udyog Limited, capacity expansions such as the second Raipur plant in 2021-22, frequent commercial paper allotments and redemptions for working capital in 2024-2025, ongoing ESOP allotments, changes in statutory auditors and senior management personnel in 2025, and sustained investor calls alongside quarterly earnings releases through October 2025.