APL Apollo Tubes Limited (APLAPOLLO) AI Stock Analysis

• Market Cap: ₹505.48B
• Dividend Yield: 0.32%
• Average Volume (3M): 15.81K
• Price to Earnings (P/E): 48.2
• Beta (1Y): 1.04
• Revenue Growth: 14.05%
• EPS Growth: 79.90%
• Country: IN
• Employees: 2,682
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 10.90
• Shares Outstanding: 277,636,020
• 10 Day Avg. Volume: 26,904
• 30 Day Avg. Volume: 15,806
• PEG Ratio: 16.81
• Price to Book (P/B): 10.08
• Price to Sales (P/S): 2.12
• P/FCF Ratio: 86.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,000.00
• Price Target Upside: 9.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: ₹1,794.00 ▼(-1.46% Downside)

APL Apollo Tubes Limited's strong financial performance is the most significant factor, reflecting robust revenue growth and improved financial stability. However, the technical analysis indicates a neutral to slightly bearish trend, and the high P/E ratio suggests the stock may be overvalued. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for APL Apollo's products and effective market penetration, supporting long-term business expansion.

Cash Generation

Strong cash generation enhances financial flexibility, allowing for reinvestment in growth initiatives and providing a buffer against economic downturns.

Debt Management

Improved debt management reduces financial risk and interest burden, enhancing the company's ability to invest in growth and sustain operations.

Negative Factors

Profit Margin Pressure

Despite slight improvement, relatively low net profit margins may limit profitability, necessitating continued focus on cost efficiency to maintain competitiveness.

Dividend Yield

A low dividend yield may deter income-focused investors, potentially impacting stock attractiveness and limiting shareholder returns in the short term.

Valuation Concerns

High valuation ratios could signal overvaluation, posing risks if growth expectations are not met, potentially affecting investor sentiment and stock performance.

APL Apollo Tubes Limited Business Overview & Revenue Model

Company Description

APL Apollo Tubes Limited manufactures and sells structural steel tubes and pipes in India. The company offers structural tubes for construction, automotive, machinery, furniture etc. applications; pre galvanized sections of square, rectangular, and circular tubes used for roofing structure; galvanized iron products for industrial and agricultural applications; black round tubes for use in plumbing systems; oval, octagon, and elliptical tubes; ready-made chaukhat, and door and fencing solutions; and triple coated in-line galvanizing tubes, designer galvanized tubes, hybrid tubes, and narrow sections. It also exports its products to approximately 20 countries worldwide. The company was formerly known as Bihar Tubes Limited and changed its name to APL Apollo Tubes Limited in 2010. APL Apollo Tubes Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.

How the Company Makes Money

APL Apollo Tubes Limited generates revenue primarily through the sale of its steel tubes and pipes. The company has established multiple revenue streams, including direct sales to manufacturers and distributors, as well as long-term contracts with large construction firms and infrastructure projects. APL Apollo also benefits from strong relationships with key players in the construction and manufacturing sectors, which facilitates consistent demand for its products. Additionally, the company may engage in export activities to tap into international markets, further diversifying its revenue base. Factors contributing to its earnings include the growing demand for steel products in infrastructure development and urbanization, as well as the company's focus on innovation and quality, which enhances customer loyalty and market share.

APL Apollo Tubes Limited Financial Statement Overview

Summary

APL Apollo Tubes Limited demonstrates robust financial health with consistent revenue growth, strong profit margins, and improved equity position. The company has effectively managed its debt, leading to a lower debt-to-equity ratio. The cash flow performance is strong, with significant growth in free cash flow, enhancing its financial flexibility.

Income Statement

APL Apollo Tubes Limited has shown a consistent increase in revenue over the years, with a significant revenue growth rate of 10.66% from 2024 to 2025. The gross profit margin stands at 10.63% for 2025, reflecting strong core profitability. The net profit margin improved slightly to 3.79% in 2025 from 4.05% in 2024, indicating effective cost management. The EBIT margin is healthy at 4.99%, and the EBITDA margin is robust at 6.48%, showcasing operational efficiency.

Balance Sheet

The company's debt-to-equity ratio improved from 0.32 in 2024 to 0.15 in 2025, indicating a stronger equity position relative to debt. The return on equity (ROE) is solid at 17.99%, reflecting efficient use of equity to generate profits. The equity ratio improved to 55.39% in 2025, demonstrating a strong equity base and financial stability.

Cash Flow

The free cash flow grew by 17.75% in 2025, indicating enhanced liquidity and cash generation capabilities. The operating cash flow to net income ratio is 1.60, suggesting strong cash conversion from earnings. The free cash flow to net income ratio stands at 0.65, indicating adequate free cash flow generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	207.18B	199.96B	180.68B	156.74B	126.25B	82.15B
Gross Profit	24.63B	21.26B	16.18B	16.57B	11.57B	8.66B
EBITDA	13.66B	12.95B	12.67B	10.62B	9.80B	7.08B
Net Income	8.01B	7.57B	7.32B	6.42B	6.19B	3.60B
Balance Sheet
Total Assets	0.00	75.96B	71.87B	58.52B	44.52B	33.99B
Cash, Cash Equivalents and Short-Term Investments	9.47B	9.47B	11.41B	5.00B	1.69B	161.20M
Total Debt	0.00	6.34B	11.44B	8.73B	5.81B	5.21B
Total Liabilities	-42.09B	33.88B	35.82B	28.46B	19.88B	15.66B
Stockholders Equity	42.09B	42.09B	36.05B	30.06B	22.64B	16.95B
Cash Flow
Free Cash Flow	0.00	4.91B	4.17B	-1.72B	550.60M	6.90B
Operating Cash Flow	0.00	12.13B	11.12B	6.90B	6.52B	9.77B
Investing Cash Flow	0.00	-3.75B	-9.16B	-8.76B	-5.30B	-6.47B
Financing Cash Flow	0.00	-8.15B	265.50M	1.43B	260.30M	-3.59B

APL Apollo Tubes Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1820.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:APLAPOLLO, the sentiment is Positive. The current price of 1820.65 is above the 20-day moving average (MA) of 1744.89, above the 50-day MA of 1755.55, and above the 200-day MA of 1680.03, indicating a bullish trend. The MACD of 8.30 indicates Negative momentum. The RSI at 67.10 is Neutral, neither overbought nor oversold. The STOCH value of 89.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:APLAPOLLO.

APL Apollo Tubes Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GPIL	75 Outperform	₹157.80B	20.27	―	0.42%	-0.96%	-11.90%
RATNAMANI	70 Neutral	₹160.95B	26.54	―	0.61%	9.51%	14.31%
APLAPOLLO	69 Neutral	₹505.48B	48.18	―	0.32%	14.05%	79.90%
JINDALSAW	68 Neutral	₹102.99B	7.47	―	1.24%	-13.69%	-30.57%
MAHSEAMLES	68 Neutral	₹74.31B	9.48	―	1.79%	0.81%	-7.11%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JAIBALAJI	55 Neutral	₹56.39B	19.25	―	―	-13.11%	-69.18%

APL Apollo Tubes Limited Corporate Events

APL Apollo Tubes Schedules Investor Conference Call for Q2FY26 Results

APL Apollo Tubes Limited has announced a scheduled conference call with analysts and investors to discuss its financial results for the quarter and half-year ended September 30, 2025. The call, set for October 29, 2025, will feature a management discussion on earnings performance followed by a Q&A session, involving key company executives. This event is part of the company’s efforts to maintain transparency and engage with stakeholders, potentially impacting its market positioning and investor relations.