APL Apollo Tubes

    APLAPOLLO
    Metals
    ₹2119.30
    price as of 15/9/2026, 6:28:07 pm

    Market cap ₹58,844 Cr

    P/E
    47.78
    Day range
    ₹2,107.70 – ₹2,160.00
    52-week range
    ₹1,653.30 – ₹2,301.40
    Volume
    4.34 L
    Open
    ₹2,157.00
    Prev close
    ₹2,153.50

    Key metrics

    P/E (TTM)
    49.5
    EPS (TTM)
    ₹44.27
    ROE (FY26)
    25.3%
    ROCE (latest year)
    32%
    Dividend yield
    0.39%

    Moving averages (NSE)

    Simple moving averages of the NSE price, and where the last price sits against each
    5-day10-day20-day50-day100-day300-day
    ₹2,213.68Price below₹2,204.37Price below₹2,147.16Price below₹1,966.33Price above₹1,929.17Price above₹1,944.29Price 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

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0%3%6%9%12%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • 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 2026-2.2K Cr-1.1K Cr0 Cr1.1K Cr2.2K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%8%16%24%32%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0.0x0.3x0.5x0.8x1.0x
    • Equity
    • Debt
    • Debt / equity

    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 15 Sept 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 11.3 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
    +37%
    5 Years
    +18%
    3 Years
    +10%
    1 Year
    +27%

    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
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter28.30%28.27%28.25%28.25%0.00 pp
    FII33.72%33.12%37.52%35.12%-2.40 pp
    DII18.92%19.91%16.05%18.58%+2.53 pp
    Public19.07%18.69%18.18%18.04%-0.14 pp

    Filed with NSE for Jun 2026: promoters 28.25%, public 71.75% · XBRL filing

    Analysts & fund holdings

    95%
    95% recommend buy
    19 analysts cover the stock
    Valuation vs Building Products
    P/E47.8 vs 45.8
    Sector P/B6.15
    Beta0.50

    Who holds the shares, quarter by quarter

    Mutual funds 14.14% (+2.26 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters28.3%
    • Foreign institutions35.1%
    • Mutual funds14.1%
    • Insurance2.7%
    • Other domestic institutions1.7%
    • Retail6.5%
    • Others11.5%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    ICICI Pru Large & Mid Cap Fund1.16%2.05%+1.13 pp
    Nippon India Growth Mid Cap Fund1.09%1.23%+0.18 pp
    Kotak Arbitrage Fund0.80%0.63%+0.42 pp
    DSP Midcap Fund0.78%2.20%+0.65 pp
    Aditya Birla SL Flexi Cap Fund0.73%1.49%+0.22 pp

    Scorecard

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

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

    Risk & trend

    From 248 daily sessions to 11 Sept 2026.

    Computed

    Risk

    Volatility (1Y)
    27.0%
    Downside volatility
    25.9%
    Worst 5% of days
    2.5%
    Average of that tail
    3.8%
    Max drawdown (1Y)
    22.7%
    Below its peak
    5.6%

    Against the market

    Beta vs Nifty 50
    1.17
    Correlation
    0.57
    Relative strength (3M)
    +19.3%
    ATR (14)
    2.6%

    Return

    Return 1M
    +4.3%
    Return 3M
    +17.4%
    Return 6M
    +2.5%
    Return 1Y
    —
    vs 200-day average
    +10.2%

    Momentum

    RSI (14)
    53.7
    MACD histogram
    -14.66
    Stochastic %K
    25.5
    ADX (14)
    42.8
    +DI / −DI
    20.7 / 18.5
    Money flow index
    42.1

    Participation

    Delivery (20d avg)
    53.5%
    vs its 60-day baseline
    -0.9 pts
    Volume vs 20-day
    -0.2σ
    Close vs day's VWAP
    +0.2%
    52-week position
    79 / 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 30 Jun 2026.

    Computed

    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.

    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

    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.

    Company announcements

    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

    AGM/EGMPrice-sensitive
    Intimation Of Date Of Annual General Meeting Of The Company

    The Annual General Meeting of the Company is schedule to be held on Tuesday, 15th September 2026

    Corp. Action
    Fixation Of Record Date For Final Dividend

    Fixation of record date for final Dividend

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    APL Apollo Tubes Ltd has informed the exchange regarding the transcript of the Conference Call held on August 3, 2026

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

    APL Apollo Tubes Ltd has informed the exchange about link of recording regarding conference call held on August 3, 2026

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

    Newspaper publication of the Unaudited Financial Results for the quarter ended June 30, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Investor Presentation

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

    Press Release

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

    Documents

    Annual reports

    Earnings calls

    Credit ratings

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

    Sourced from the company's NSE XBRL filing dated 20 Jan 2025 (audited). View the source filing. Figures are as filed and are not investment advice.