APL Apollo Tubes Ltd

Steel - Large

NSE: APLAPOLLO Mid Cap ISIN: INE702C01027
As on 06 November 2024 at 10:59
As on 06 November 2024 at 10:59
1,541.30
+24.80
(1.64%)
Over 1 Month
-2.97%
Over 6 Months
-2.68%
Over 1 Year
-4.84%
Over 3 Years
73.54%
Summary
Close 1,541.30
Open 1,531.65
High 1,545
Low 1,525.25
Volume 55,251
Net Turnover 69,59,07,972.65
52 Week High 1,774
52 Week Low 1,305
52Wk High / Low
1,305
1,774
Key Financial Data
Market Cap (in ₹ Cr) 42,086.60
EPS 9.32
Book Value (BV) 108.05
Div. Yield 0.36
P/E 162.18
Price/Book Value 13.99
Delivery % 67.08
Face Value 2
Key Ratios
P/E ratio 91.45
P/B ratio 14.36
EV to Sales 3
PEG Ratio -8
ROA 14.58
ROE 16.62
Debt-Equity 0.10
Net Profit Margin 3.27
Operating Profit Margin 5.50

Peer Comparison

Company LTP Market Cap (in ₹ Cr)
APL Apollo Tubes Ltd ₹1,511.55 ₹41,949.23
JSW Steel Ltd ₹999.95 ₹2,44,533.17
Tata Steel Ltd ₹152.30 ₹1,90,124.12
Jindal Steel & Power Ltd ₹935.80 ₹95,459.84
Tube Investments of India Ltd ₹4,180.70 ₹80,862.80
Jindal Stainless Ltd ₹689.85 ₹56,804.64

News

APL Apollo Tubes schedules board meeting

On 29 October 2024

23 Oct 2024

APL Apollo Tubes issues commercial paper of Rs 100 cr

17 Oct 2024

APL Apollo Tubes issues commercial paper of Rs 100 cr

On 14 October 2024

14 Oct 2024

APL Apollo Tubes Ltd up for fifth session

APL Apollo Tubes Ltd is quoting at Rs 1580.75, up 3.16% on the day as on 12:44 IST on the NSE. The stock is down 3.63% in last one year as compared to a 32.6% spurt in NIFTY and a 50.72% spurt in the Nifty Metal.

30 Sep 2024

APL Apollo Tubes receives upgrade in LT credit ratings

From ICRA

05 Sep 2024

Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue 13,915.48 14,321.20 11,625.28 6,052.07 5,958.04
Total Expenses 13,303.85 13,632.03 10,962.84 5,847.06 5,844.25
Profit Before Tax 611.63 689.17 662.44 205.01 113.79
Profit After Tax 453.71 511.92 494.23 153.78 115.01
Operating Profit after Depreciation 662.12 736.68 705.87 259.90 195.93

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets 1,375.19 1,456.32 1,473.34 891.63 957.10
Total Non Current Assets 3,119.41 2,955.58 2,178.43 1,652.19 1,509.75
Total Current Assets 1,470.40 1,548.39 1,574.72 1,167.70 1,064.65
TOTAL ASSETS 4,589.81 4,503.97 3,753.15 2,819.89 2,574.40
Total Shareholder's Fund 2,889.39 2,570.95 2,143.47 1,448.79 1,275.24

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities 740.11 915.80 614.44 617.88 304.93
Net Cash used in Investing Activities -334.29 -836.83 -171.46 -545.08 -163.70
Net Cash used in Financing Activities -449.94 -71.14 -349.31 -108.46 -126.66

Corporate Actions

APL Apollo Tubes Ltd

₹5.5/Share

Announcement Date 19 Sep 2024
Record Date 19 Sep 2024
Div Yield 275%

About APL Apollo Tubes Ltd

APL Apollo Tubes Ltd is India's leading structural steel tube manufacturer. The company specializes in producing and distributing steel tubes and pipes. It operates in the steel sector, specifically in the structural steel tubes segment. APL Apollo Tubes has been in business since 1986, marking over decades of industry presence.

APL Apollo Tubes Ltd has its registered office at 37 Hargobind Enclave, Vikas Marg, Delhi-110092. Its registrar is in at A-387, Dilkhush Industrial Area, GT Karnal Road, New Delhi. The company has established itself as a dominant force in the steel tube manufacturing industry. It is directed by Chairman Sanjay Gupta, who, along with his family, represents the promoter group. APL Apollo Tubes Ltd. has the following key management team:
  • Ashok K Gupta
  • Dinesh Kumar Mittal
  • Vinay Gupta
  • Virendra Singh Jain

APL Apollo's product portfolio includes a wide range of structural steel tubes, pre-galvanized tubes, and hollow sections. Their main products include round pipes, square and rectangular hollow sections, pre-galvanized tubes, structural steel tubes, door frames and color coated tubes.

APL Apollo Tubes holds the distinction of being India's #1 structural steel tube manufacturer. This company stands as the largest producer in its segment. The promoter group maintains a healthy shareholding of 28.32% in the company. It's demonstrating strong promoter confidence and commitment.

The company operates multiple manufacturing facilities across India and has established a robust distribution network. This makes it a leading player in both domestic and international markets. Its commitment to innovation and quality helped establish APL Apollo as a trusted structural steel tube industry brand.

Goals of the Company

APL Apollo Tubes Ltd. is a top provider of steel tube products over the decades of long journey. Starting from 1986, the company has grown to become a trusted and reputable brand in the steel industry. Below are the goals of the company:

Strategic Vision and Growth Objectives
APL Apollo Tubes Ltd has set ambitious goals focused on strengthening its position as India's leading structural steel tube manufacturer while expanding its global footprint. The company's primary objective is to revolutionize the construction industry by promoting steel-based construction methods. It aims to make construction faster, more sustainable, and cost-effective over traditional approaches.

Market Leadership and Expansion
The company aims to maintain and enhance its market leadership by expanding its annual production capacity. It aims to increase market share beyond recent shares in the organized sector. Beyond this, the company is developing new markets both domestically and internationally. These activities are strengthening its distribution network across tier-2 and tier-3 cities. Additionally, the company is establishing strategic partnerships with key stakeholders in the steel construction industry.

Product Innovation and Development
APL Apollo places significant emphasis on innovation with several key goals. The company is focusing on developing sustainable and eco-friendly steel solutions. This can lead to the introduction of advanced products for modern construction needs. They are actively working to expand their heavy structural tubes segment and launch more value-added products to improve profit margins.

Operational Excellence
The company's operational objectives are comprehensive and forward-looking. APL Apollo is committed to achieving operational efficiency through automation and technology integration. Also, they are simultaneously reducing production costs without compromising quality standards. The company is focusing on optimizing capacity utilization across all manufacturing facilities. They are implementing advanced manufacturing processes over the traditional methods. The company is dedicated to reducing environmental impact through sustainable manufacturing practices.

Financial Goals
APL Apollo's financial strategy centres on achieving consistent year-on-year revenue growth. They are improving EBITDA margins through operational efficiency. The company is committed to maintaining a healthy return on equity (ROE). Additionally, they aim to reduce debt levels and maintain a strong balance sheet. The company prioritize enhancing shareholder value through consistent dividend payments. They are focused on achieving optimal working capital management.

Brand Building and Market Penetration
The company's market strategy focuses on strengthening its brand presence across all market segments. APL Apollo is working to increase brand awareness among architects, structural engineers, and contractors. It is expanding its dealer and distributor network. The company aims to enhance customer engagement through digital platforms. Also, they are developing stronger relationships with institutional clients.

Sustainability and Corporate Responsibility
In terms of sustainability, APL Apollo has established comprehensive goals. The company is actively working on reducing its carbon footprint across operations. They are promoting recycling and waste management initiatives while supporting community development programs. Workplace safety and employee welfare remain top priorities in their sustainability agenda.

International Expansion
Global growth is a key focus area for APL Apollo. The company aims to increase its exports in more countries.  This is establishing strategic partnerships in key international markets. They are committed to meeting international quality standards and certifications. This is developing products e for especially export markets and creating a strong global brand presence.

Human Development
APL Apollo's approach to human capital development is multifaceted. The company implements continuous skill development and training programs while building a strong leadership pipeline. They actively promote diversity and inclusion in the workplace and implement performance-based reward systems. This promotes a culture of innovation and excellence throughout the organization.

These comprehensive goals reflect APL Apollo's commitment to maintaining its industry leadership. They also focus on sustainable growth, innovation, and stakeholder value creation. The company's strategic objectives align with market opportunities and evolving industry trends. This positions it for continued success in the structural steel tube manufacturing sector.

FAQ’s

What is the share price of APL Apollo Tubes Ltd today?
APL Apollo Tubes Ltd share price as on 6 Nov 2024 is ₹1541.3
What is the Market Cap of APL Apollo Tubes Ltd?
The market cap of APL Apollo Tubes Ltd stock is ₹42,086.60 Cr.
What is the PE Ratio of APL Apollo Tubes Ltd?
The Price to Earnings (P/E) Ratio of APL Apollo Tubes Ltd is 91.45
What is the PB Ratio of APL Apollo Tubes Ltd?
The Price to Book (P/B) Ratio of APL Apollo Tubes Ltd is 14.36
What is the 52 week high of APL Apollo Tubes Ltd?
The 52 week high of APL Apollo Tubes Ltd is ₹1,774
What is the 52 week low of APL Apollo Tubes Ltd?
The 52 week low of APL Apollo Tubes Ltd is ₹1,305

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