ALFA Finder| Management target | EBITDA 20.0% FY27 |
|---|
| Revenue growth | Lower than expected volumes; July recovery up 20% month-on-month. |
|---|---|
| Margins | EBITDA/ton flat at ₹5500 despite negative operating leverage. |
| Demand visibility | Improving; destocking ending as steel prices stabilize. |
| Management confidence | High; confident in meeting full-year 20% EBITDA growth targets. |
Growth
Volumes fell 20% QoQ to 745k tons; however, gross profit per ton improved by ₹1000.
Outlook
Management maintained FY27 guidance of 15-20% volume growth and >20% absolute EBITDA growth.
Risks
Secondary material competition and high raw material inflation slowing construction demand. UAE geopolitical disruptions impact exports.
Last quarter's promises, checked
Delivered
- Guided negative working capital → Delivered negative cycle (= BEAT)
- Guided 37% ROCE → Delivered 37% ROCE (= BEAT)
- Guided ₹15bn net cash → Delivered ₹15bn+ net cash (= BEAT)
Partly delivered
- Guided ₹5,300-5,500 EBITDA/ton → Delivered ₹5,500 (= BEAT)
- Guided ₹5-6bn annual capex → Ongoing 8MT expansion (= PARTIAL)
Missed
- Guided ~1MT volume for Q4 → Delivered 745k tons (= MISS)
- Guided 15-20% volume growth → Delivered -20% QoQ (= MISS)
Earnings Call Transcript filed with BSE, NSE: APLAPOLLO. Summary written with AI assistance from the document.
APL Apollo Tubes Ltd: key numbers
- Share price
- ₹2,198.00
- Market cap
- ₹61,029 Cr
- Revenue (annual)
- ₹23,079 Cr
- Net profit (annual)
- ₹1,203 Cr
- P/E (TTM)
- 46.6×Sector 17.1×
- Promoter holding
- 28.18%-0.07% QoQ
- FII holding
- 34.15%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from APL Apollo Tubes Ltd
All →APL Apollo Tubes Earnings Call Transcript: Key Takeaways
APL Apollo achieved record quarterly volumes despite UAE disruptions and domestic steel shortages.
APL Apollo Tubes Acquisition Worth ₹0.02 Cr
APL Apollo Tubes acquires 51% of SG Enterprise Solutions for Rs. 0.02 Crore in cash. The target will operate as a Group Shared Services Company subsidiary.
- Value
- ₹0.02 Cr
APL Apollo Tubes Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue ₹70.0Bn (+34% YoY), EBITDA ₹5.8Bn (+29%), PAT ₹3.8Bn (+27%), volume 963k ton (+13%). Net cash ₹16.3Bn; capacity targeted at 8 Mn ton by FY28.
APL Apollo Tubes Q2 FY27 Results: Net Profit ₹382.4 Cr, Up 26.8% YoY
APL Apollo Tubes Ltd reported revenue from operations of ₹7,002 Cr (+26.6% YoY) and net profit of ₹382.4 Cr (+26.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹382.4 Cr · +26.8% YoY
APL Apollo Tubes Board Meeting Date
APL Apollo Tubes Limited will hold a Board meeting on 26th October 2026 to approve the unaudited standalone and consolidated financial results for the quarter.
APL Apollo Tubes Other Announcement
APL Apollo Tubes Ltd submitted its quarterly shareholding pattern disclosure for the period ending September 30, 2026, in compliance with SEBI regulations.