APL Apollo Tubes

₹2,186As of Sun 8 Nov 2026, 12:00 UTC

NSE:APLAPOLLOMaterials

Country India

PE (Fwd) 41.85

TSR 10Y CAGR 38.26%

Div yield 0.39%

ROE —

Steel

Beta (5Y) 0.37

PE TTM 50.44

TSR TTM 22.49%

Mkt cap ₹610.4B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹2,459

12.47%

(91.33%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

230.9

Revenue₹B

—

130.6

161.7

181.2

207.0

230.9

255.6

15.30%

11.56

Revenue growth%

—

23.78

12.09

14.20

11.56

10.72

13.14

—

15.41

Gross margin%

—

13.98

13.16

13.73

13.54

15.41

15.38

13.73

6.88

Operating margin%

—

6.41

5.49

5.64

4.87

6.88

6.85

5.64

5.21

Net margin%

—

4.74

3.97

4.04

3.66

5.21

5.19

4.04

50.44

P/E ratio (avg)x

—

37.68

45.69

58.39

55.62

42.23

45.77

45.69

38.20

EV/EBITx

—

27.87

33.01

41.82

41.75

31.99

34.65

33.01

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

43.34

EPS₹

—

22.33

23.14

26.40

27.28

43.34

47.76

18.03%

—

58.87

EPS growth%

—

3.61

14.11

3.31

58.87

10.21

8.86

—

Bookvalue per sh₹

—

FCF per share₹

—

8.50

Dividend per sh₹

—

3.50

5.00

5.50

5.75

8.50

9.15

24.84%

—

0.39

Div yield (avg)%

—

0.42

0.47

0.36

0.38

0.46

0.42

19.61

Payout ratio%

—

15.67

21.61

20.83

21.08

19.61

19.17

20.83

277.6

Shares (diluted)M

—

277.2

277.4

277.5

277.6

◌277.6

0.04%

(0.03)

Buyback yield%

—

(0.08)

—

(0.05)

(0.03)

◌—

(0.04)

—

D/E ratiox

—

606.8

Enterprise value₹B

—

233.2

293.3

427.7

421.1

508.1

606.8

21.49%

—

LT debt₹M

—

Peers (US$6.463B)

Cap (US$)

NMDC Limited

6.591B

8.302x

Welspun Corp Limited

6.239B

24.68x

Jindal Stainless…

6.142B

17.32x

Cleveland-Cliffs Inc.

6.539B

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

14.47

Own earn%

—

Sh yield%

0.36

0.37

Owners

Insiders/Inst%

2.93

41.48

Short interest%

—

SBC / revenue%

0.08

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

5–7

$1 testx

—

Incr. ROIC%

—

APL Apollo Tubes Limited manufactures and sells structural steel tubes and related value added products in India and internationally.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹230.9B

15.30%

1.00×

Cost of revenue

₹195.3B

14.82%

0.98×

Operating expenses

₹19.69B

18.79%

1.13×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m