APL Apollo Tubes

    APLAPOLLO
    Metals
    ₹2,033.70
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹56,467 Cr

    P/E
    45.94
    Day range
    ₹1,994.10 – ₹2,060.20
    52-week range
    ₹1,690.00 – ₹2,301.40
    Volume
    7.77 L
    Open
    ₹2,048.60
    Prev close
    ₹2,052.40

    Latest results · Q1 FY27(consolidated)Revenue ₹5,607 Cr+8.5%Profit ₹263 Cr+10.9%Margin 4.7%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of APLAPOLLO (350 shares)

    Research profile

    Composite 62 / 100

    Factor percentiles

    Value37
    Quality67
    Momentum74
    Low volatility68

    Derived metrics

    Earn. yield
    2.2%
    Graham no.
    ₹434.47
    vs Graham
    -78.6%
    ROE ÷ P/B
    2.4%
    12-1 mom.
    +27.2%
    Return / vol
    0.64
    Magic Formula
    #208
    Piotroski
    5/6
    FCF yield
    2.5%
    PEG
    2.20

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 27 in Metals
    Largest Metals companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    JSW SteelJSWSTEEL₹2.89 L Cr10.192.5628.4%11.0%19.0%0.62+20.7%
    Hindustan ZincHINDZINC₹2.10 L Cr10.067.3176.9%70.0%61.0%0.22+76.5%
    Tata SteelTATASTEEL₹2.09 L Cr18.952.0511.3%13.0%15.0%0.90+14.3%
    Hindalco IndustriesHINDALCO₹1.95 L Cr11.801.4610.3%13.0%16.0%0.73+32.1%
    Vedanta Aluminium MetalVAML₹1.34 L Cr34.68———48.0%——
    Jindal Steel & PowerJINDALSTEL₹1.03 L Cr36.221.986.9%10.0%15.0%0.43+42.7%
    Lloyds Metals And EnergyLLOYDSME₹1.00 L Cr20.897.2437.7%27.0%38.0%1.49+208.5%
    APL Apollo TubesAPLAPOLLO₹56,467 Cr45.9410.7425.3%32.0%7.0%0.09+8.5%
    Sector median₹38,589 Cr16.452.3517.5%17.0%16.0%0.35+21.1%

    Sector as classified in the tracked universe; medians use every tracked Metals company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 12h ago

    Headlines about APL Apollo Tubes from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    45.9
    EPS (TTM)
    ₹44.27
    Price / Book
    10.65
    ROE (FY26)
    25.3%
    ROCE (latest year)
    32%
    Dividend yield
    0.42%

    Moving averages (NSE)

    20-day
    ₹2,136.17
    Price below
    50-day
    ₹2,151.68
    Price below
    200-day
    ₹2,005.31
    Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +12.6%
    Profit 3Y CAGR
    +23.3%
    Revenue YoY (Jun 2026)
    +8.5%
    Profit YoY (Jun 2026)
    +11.0%
    Operating margin
    7.0%
    Net margin
    4.7%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr2K Cr4K Cr6K Cr8K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%5%10%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • FII
    • Promoter
    • DII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-2K Cr-1K Cr0 Cr1K Cr2K Cr3K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr2K Cr4K Cr6K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x0.5x1x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 16 Sept 2021: earlier bars are per pre-bonus share.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹5₹10₹15

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales4,6304,1784,7664,9744,7745,4335,5095,1705,2065,9826,2695,607
    Expenses4,3053,8984,4854,6734,6365,0875,0954,7984,7595,5115,7585,195
    Operating Profit325280280302138346414372447472511411
    OPM %7%7%6%6%2.9%6%8%7%9%8%8%7%
    Other Income201519251522352625253640
    Interest272831283637323328333239
    Depreciation414747464750585458595959
    Profit before tax27721922125270280359310386404457352
    Tax %27%24%23%23%23%23%18%23%22%23%22%25%
    Net Profit20316617019354217293237302310354263
    EPS in Rs₹7.32₹5.96₹6.14₹6.96₹1.94₹7.82₹10.56₹8.55₹10.86₹11.17₹12.76₹9.48

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days6

    0 days since Mar 2021

    Inventory Days27

    -12 days since Mar 2021

    Days Payable44

    +4 days since Mar 2021

    Cash Conversion Cycle-12

    -16 days since Mar 2021

    Working Capital Days2

    +8 days since Mar 2021

    Strengths, risks & growth

    APL Apollo Tubes Limited (APL Apollo) is one of India’s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company runs 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes and Hollow Sections to serve industry applications like urban infrastructures, housing, irrigation, solar plants, greenhouses and engineering. [1]

    Strengths

    • Company has reduced debt.
    • Company is almost debt free.
    • Company has delivered good profit growth of 27.4% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 20.5%

    Risks

    • Stock is trading at 10.7 times its book value

    Compounded Sales Growth

    10 Years
    +19%
    5 Years
    +22%
    3 Years
    +13%
    TTM
    +10%

    Compounded Profit Growth

    10 Years
    +26%
    5 Years
    +27%
    3 Years
    +23%
    TTM
    +53%

    Stock Price CAGR

    10 Years
    +36%
    5 Years
    +21%
    3 Years
    +8%
    1 Year
    +16%

    Return on Equity

    10 Years
    +23%
    5 Years
    +23%
    3 Years
    +22%
    Last Year
    +25%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter28.27%28.25%28.25%28.18%-0.07 pp
    FII33.12%37.52%35.12%34.15%-0.97 pp
    DII19.91%16.05%18.58%20.82%+2.24 pp
    Public18.69%18.18%18.04%16.85%-1.19 pp

    Filed with NSE for Sept 2026: promoters 28.18%, public 71.82% · XBRL filing

    Analysts & fund holdings

    95%
    95% recommend buy
    19 analysts cover the stock
    Valuation vs Building Products
    P/E45.9 vs 41.1
    Sector P/B5.66
    Beta0.48

    Who holds the shares, quarter by quarter

    Mutual funds 16.83% (+2.69 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters28.2%
    • Foreign institutions34.1%
    • Mutual funds16.8%
    • Insurance2.6%
    • Other domestic institutions1.4%
    • Retail5.7%
    • Others11.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Large & Mid Cap Fund1.24%2.34%+1.42 pp
    Nippon India Growth Mid Cap Fund1.06%1.27%+0.21 pp
    ICICI Pru Arbitrage Fund0.81%1.37%+0.84 pp
    Kotak Arbitrage Fund0.77%0.61%+0.40 pp
    DSP Midcap Fund0.76%2.34%+0.79 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    27.9%
    Downside volatility
    27.0%
    Worst 5% of days
    3.5%
    Average of that tail
    4.1%
    Max drawdown (1Y)
    22.7%
    Below its peak
    10.8%

    Against the market

    Beta vs Nifty 50
    1.16
    Correlation
    0.56
    Relative strength (3M)
    +16.4%
    ATR (14)
    3.0%

    Return

    Return 1M
    -7.3%
    Return 3M
    +11.1%
    Return 6M
    -4.2%
    Return 1Y
    +17.9%
    vs 200-day average
    +1.4%

    Momentum

    RSI (14)
    39.0
    MACD histogram
    -13.42
    Stochastic %K
    20.3
    ADX (14)
    25.3
    +DI / −DI
    11.6 / 30.1
    Money flow index
    30.8

    Participation

    Delivery (20d avg)
    53.4%
    vs its 60-day baseline
    +0.7 pts
    Volume vs 20-day
    +0.9σ
    Close vs day's VWAP
    +0.5%
    52-week position
    60 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — passed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — failed
    Free cash flow
    ₹1,409 Cr
    FCF yield
    2.5%
    Cash conversion
    1.75
    Accruals ratio
    -0.102
    Net debt
    -₹147 Cr
    Net debt / equity
    -0.03
    EV / sales
    2.46
    PEG
    2.20
    Capex intensity
    3.1%
    Revenue CAGR
    13.8%
    Profit CAGR
    20.9%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    No market trades
    0 buys · ₹0
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Romi Sehgal
    Market Sale
    Sell3,000₹48.8 L1 Jul 2021
    Shiv Kumar Bansal
    Market Sale
    Sell1,000₹16.3 L1 Jul 2021
    Arun Agarwal
    Market Sale
    Sell1,000₹16.4 L1 Jul 2021
    Romi Sehgal
    Director · Market Sale
    Sell1,000₹16.3 L29 Jun 2021
    Romi Sehgal
    Director · Market Sale
    Sell1,000₹16.0 L23 Jun 2021
    Amit Kapoor
    Employees/Designated Employees · Market Sale
    Sell1,250₹19.2 L23 Jun 2021
    Arun Agarwal
    Employees/Designated Employees · Market Sale
    Sell3,000₹48.1 L23 Jun 2021
    Shiv Kumar Bansal
    Employees/Designated Employees · Market Sale
    Sell1,500₹23.3 L21 Jun 2021
    Romi Sehgal
    Director · Market Sale
    Sell2,000₹31.4 L21 Jun 2021
    Arun Agarwal
    Employees/Designated Employees · Market Sale
    Sell5,500₹85.7 L21 Jun 2021
    Veera Gupta
    Promoter Group · Market Sale
    Sell15,000₹2.2 Cr17 Jun 2021
    Deepak Singh
    Employees/Designated Employees · Market Sale
    Sell800₹11.6 L17 Jun 2021

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      ₹8.50

      Dividend - Rs 8.50 Per Share

      8 Sept 2026
      ex-date
    • dividend
      ₹5.75

      Dividend - Rs 5.75 Per Share

      22 Aug 2025
      ex-date
    • dividend
      ₹5.50

      Dividend - Rs 5.50 Per Share

      19 Sept 2024
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      1 Sept 2023
      ex-date
    • dividend
      ₹3.50

      Dividend - Rs 3.50 Per Share

      2 Sept 2022
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1

      16 Sept 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      15 Jul 2021
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      15 Dec 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      21 Sept 2020
      ex-date
    • dividend
      ₹14.00

      Dividend - Rs 14 Per Share

      19 Sept 2019
      ex-date
    • dividend
      ₹14.00

      Annual General Meeting/Dividend Rs 14 Per Share

      19 Sept 2018
      ex-date
    • dividend
      ₹12.00

      Annual General Meeting/ Dividend- Rs 12 Per Share

      21 Sept 2017
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/Dividend - Rs 10/- Per Share

      8 Sept 2016
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/Dividend - Rs 6/- Per Share

      13 Aug 2015
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting And Dividend Rs.5/- Per Share

      17 Sept 2014
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting / Dividend - Rs 5/- Per Share

      7 Aug 2013
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/Dividend Rs 2 Per Share

      20 Sept 2012
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    APL Apollo Tubes Limited has informed the exchange regarding schedule of analyst(s)/ investor meet to discuss Q2 & H1FY27 Results.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Considering The Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September 2026.

    APL Apollo Tubes Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve Unaudited Financial Results ....

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Press release titled "Q2FY27 Sales Performance"

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of Closure of Trading Window

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    APL Apollo Tubes Limited has informed the exchange regarding voting results and Scrutinizer Report of the 41st Annual General Meeting of the Company.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    APL Apollo Tubes Limited has informed the exchange regarding proceedings of 41st Annual General Meeting of the Company held on 15th September 2026.

    Company Update
    Announcement Under Regulation 30 Of SEBI (LODR)

    Disclosure under Regulation 30 of SEBI (LODR)

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    APL Apollo Tubes Ltd has informed the exchange regarding newspaper advertisement of completion of despatch of the Notice of 41st Annual General Meeting

    Company Update
    Announcement Under Regulation 30 Of SEBI (LODR)

    The Company has received various order of revised demand from Deputy Commissioner (Appeals), Hosur under Section 74 of the CGST Act, 2017.

    Company Update
    Announcement Under Regulation 30 Of SEBI (LODR)

    The Company has received order of revised demand from Deputy Commissioner (Appeals), Hosur under Section 73 of the TNGST Act. 2017 for FY 2019-20.

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility and Sustainability Report for FY 2025-26

    Others
    Reg. 34 (1) Annual Report.

    Annual Report for FY 2025-26

    AGM/EGMPrice-sensitive
    Notice Of AGM

    Notice of AGM

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement regarding pre-dispatch intimation of notice of 41st Annual General Meeting of the Company

    Filed with BSE (scrip 533758); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 1 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    APL Apollo Tubes: common questions

    Answered from the figures on this page.

    APL Apollo Tubes last traded at ₹2,033.70 (NSE, as of 25 Oct 2026). The last session moved it down 0.91%.

    APL Apollo Tubes is valued at about ₹56,467 crore (NSE, as of 25 Oct 2026).

    APL Apollo Tubes trades at a price-to-earnings ratio of 45.94 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    APL Apollo Tubes has traded between ₹1,690.00 and ₹2,301.40 over the past 52 weeks, to 25 Oct 2026. It is currently 56% of the way up that range.

    APL Apollo Tubes (APLAPOLLO) is classified under Metals on this site's screener.