APL Apollo Tubes Limited
APL Apollo Tubes Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹7,002 cr of revenue in its latest quarter (Q2 FY27) and kept 5.5% of sales as profit. It is the 2nd largest of 9 Iron & Steel Products companies we track, by market value.
“The Company is engaged in the business of those characteristics into account when pricing the production of ERW steel tubes.”
Healthier than 63% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 51
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in APLAPOLLO?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹7,002 cr |
| Other Income | ₹40 cr |
| Total Income | ₹7,042 cr |
| Cost of Materials | ₹5,596 cr |
| Purchases of Stock-in-Trade | ₹217 cr |
| Inventory Change (±) | ₹86 cr |
| Employee Benefit Expense | ₹106 cr |
| Finance Costs | ₹52 cr |
| Depreciation & Amortisation | ₹66 cr |
| Other Expenses | ₹419 cr |
| Total Expenses | ₹6,542 cr |
| Profit before Tax | ₹500 cr |
| Tax Expense | ₹117 cr |
| Net Profit | ₹382 cr |
| Net margin on total income | 5.4% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 6,269 cr | 5,607 cr | 7,002 cr |
| Total income | 6,306 cr | 5,646 cr | 7,042 cr |
| Expenses | 5,849 cr | 5,294 cr | 6,542 cr |
| Profit before tax | 457 cr | 352 cr | 500 cr |
| Tax | 102 cr | 89 cr | 117 cr |
| Net profit (owners' share) | 354 cr | 263 cr | 382 cr |
| Net margin (owners' share, on revenue) | 5.7% | 4.7% | 5.5% |
| EPS (₹) | 12.76 | 9.48 | 13.62 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Welspun Corp Limited | ₹2,316 | ₹61,083 cr | 30.6 | 18.8% | 10.7% | — |
| APL Apollo Tubes Limitedthis company | ₹2,153 | ₹59,783 cr | 39.5 | 26.6% | 5.5% | — |
| Shyam Metalics and Energy Limited | ₹1,220 | ₹33,885 cr | 16.6 | 16.6% | 8.6% | — |
| Ratnamani Metals & Tubes Limited | ₹2,380 | ₹16,682 cr | 50.8 | 8.0% | 8.5% | — |
| Jindal Saw Limited | ₹247 | ₹15,794 cr | 83.4 | 1.5% | 1.1% | — |
| Usha Martin Limited | ₹461 | ₹14,057 cr | 24.7 | 17.2% | 13.7% | — |
| Gallantt Ispat Limited | ₹526 | ₹12,693 cr | 52.4 | 6.9% | 5.3% | — |
| Godawari Power And Ispat limited | ₹193 | ₹11,889 cr | 13.4 | 15.3% | 12.7% | — |
| Jayaswal Neco Industries Limited | ₹90 | ₹8,704 cr | 9.5 | 27.7% | 10.5% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹8.5 / share | 8 Sep 2026 |
| Dividend | ₹5.75 / share | 22 Aug 2025 |
| Dividend | ₹5.5 / share | 19 Sep 2024 |
| Dividend | ₹5 / share | 1 Sep 2023 |
| Dividend | ₹3.5 / share | 2 Sep 2022 |
| Bonus issue | 1:1 | 16 Sep 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.