loader2
Partner With Us NRI

APL Apollo Tubes Ltd share Price Today

Company details

1,543.55
1,564.25
1,305.00
1,800.00
6M Return -0.83%
1Y Return 18.72%
Mkt Cap.(Cr) 43,098.24
Volume 922,419
Div Yield 0.35%
OI
-
OI Chg %
-
Volume 922,419

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Iron & Steel Products company APL Apollo Tubes announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Sales volume was increased by 4% YoY/ 12% QoQ to 679k tons
  • Revenue was increased by 8% YoY/ 14% QoQ to Rs 47.7 billion
  • EBITDA was Rs 2.8 billion (unchanged QoQ/ 13% YoY decline)
    • EBITDA per ton was Rs 4,132 (decreased by 17% YoY/ 11% QoQ)
  • Net Profit was Rs 1.7 billion (up 3% QoQ/ decline by 16% YoY)

FY24 Financial Highlights:

  • Sales volume was increased by 15% YoY to 2.6 million Tons
  • Revenue was increased by 12% YoY to Rs 181.2 billion
  • EBITDA was increased by 17% YoY to Rs 11.9 billion
    • EBITDA per ton was Rs 4,553 ( 2% YoY)
  • Net Profit was increased by 14% YoY to Rs 7.3 billion

Sanjay Gupta, Chairman, APL Apollo, comments on Q4FY24 and FY24 results “The company has performed across financial metrics in FY24 with sales volume 15% YoY, EBITDA 17% YoY and net profit 14% YoY. The key milestone was to achieve a net cash balance sheet as on 31 March 2024. This is after the fact that the company invested Rs 23.7bn in last 4 years in its capacity expansion program.

The Q4FY24 performance was slightly weak as demand got impacted ahead of general elections and ongoing slowdown in retail spending. The company had to offer extra discounts to its clients to push up sales volume. However, we are encouraged to see strong sales growth in our value-added product portfolio such as the heavy structural steel tubes and coated products. The company's relentless dedication to quality and customer satisfaction has propelled it to the forefront of the industry.

After almost a year since its greenfield commissioning, the Raipur plant is set to enter a new phase of accelerated production while maintaining the highest standards of efficiency and reliability. APL’s strategic expansion of its Dubai facility not only strengthens the company's global presence but also enhances its capacity to serve clients across international markets. The initial results are encouraging with good response from global steel tube distributors for APL Apollo's products. We continue to remain prudent with our working capital management, which remains best in the building material sector.”

Result PDF

View Other Company Results

APL Apollo Tubes Ltd shares SWOT Analysis

Strengths (7)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Weakness (4)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (1)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,563.6
R2 1,574.3
R3 1,584.3
Pivot

1,553.58

S1 1,542.9
S2 1,532.9
S3 1,522.2
EMA SMA
1,569.0
1,574.0
1,565.4
1,532.6
1,577.5
1,587.6
1,560.5
1,568.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SG TECH ENGINEERING PRIVATE LIMITED Bulk Purchase 2024-06-07 1618.8 3000000 NSE
APL INFRASTRUCTURE PVT. LTD. Bulk Sell 2024-06-07 1618.8 3000000 NSE
NEW WORLD FUND INC Bulk Purchase 2024-03-13 1601.1 2789398 NSE
Name Category Shares
Veera Gupta PROMOTER 1.72%
APL INFRASTRUCTURE PRIVATE LIMITED PROMOTER 26.61%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

APL Apollo Tubes Ltd Stocks COMPARISON

Financials( in Cr) APL Apollo Tubes Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Tube Investments of India Ltd
Price 1,552.95 934.35 167.07 1,010.05 4,095.20
% Change -0.80 0.97 -0.54 0.22 -9.57
Mcap Cr 43,098.24 228,490.99 208,562.37 103,033.99 79,201.99
Revenue TTM Cr 16,165.95 175,006.00 229,170.78 53,211.52 16,890.33
Net Profit TTM Cr 641.86 8,973.00 -4,909.61 3,974.09 1,722.53
PE TTM 58.82 27.07 27.66 17.35 66.26
1 Year Return 18.72 15.27 44.90 61.26 30.38
ROCE 26.00 13.51 6.61 14.17 26.63
ROE 23.47 12.52 7.33 13.27 37.98
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,005.61 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 101,404.97 51,097.20
LAST 6M 186,293.66 40,305.54
LAST 12M 309,547.75 87,515.42
APL Apollo Tubes issues commercial paper of Rs 100 cr

Jul 16, 2024 l BSE Announcement

APL Apollo Tubes Limited - Updates

Jul 16, 2024 l NSE Announcement

APL Apollo Tyres raises Rs 200 cr via CP issuance

Jul 15, 2024 l BSE Announcement

Date Action Type Ratio
Sep 01, 2023 Dividend 250
Sep 02, 2022 Dividend 175

APL Apollo Tubes Ltd Information

Stock PE (TTM)
58.82
Promoter Holding
28.33%
Book Value
129.8845
ROCE
26%
ROE
23.47%
Description
  • Headquartered in Ghaziabad, Delhi NCR, Apollo tubes limited (APL) is a prominent name in the steel pipes and tubes manufacturing industry. The market capitalisation of this small-cap company is Rs 23,230 crores. The company was incorporated on February 24 1986. Some of the key names in management are Mr Sanjay Gupta, Mr Abhilash Lal, Mr Anil Kumar Bansal, Mr Ashok k Gupta, Mr Ashok Khushu, and Mr Vinay Gupta. As of the financial year 2021, the company's yearly net profit was Rs 360.16 crores. The Apollo Tubes Ltd. shares are traded under the script name APLAPOLLO on both the National Stock Exchange and the Bombay Stock Exchange (BSE Code: 533758).

    APL Apollo Tubes is into the manufacturing of ERW steel pipes and tubes. The company's product portfolio includes structural steel tubes, MS black pipes, galvanised tubes, and a few more. Its products are utilised in various goods. Some of them are solar panels, furniture, plumbing materials, and greenhouse structures. At present, the company has over ten manufacturing units located in Chhattisgarh, Telangana, Uttar Pradesh, Tamil Nadu, Maharashtra, and Karnataka. 

    The company's average revenue is 6.54% more than its industry average for the last five years. The company's market value has also surged by 4.21% over the same period. Apollo Tubes' net profit has improved with each passing financial year. However, there was a slight dip in the financial year 2019. In the third quarter of FY 2022, the net profit stood at 115.63. And the earnings per share for the same period were recorded as Rs. 4.62. In comparison to FY 2020, the company reduced its overall liabilities by 248.47 crores in FY 2021. The promoters' holdings fell by 2.34%. Whereas; mutual funds raised their holdings by 2.16 in the past three months. 

    On 31st March 2022, APL Apollo's share price touched an intraday high of Rs. 939.55. During the past 52 weeks, the APL Apollo Tubes share price made a high and low Rs. 1,114.55 and Rs 585, respectively. The Apollo Tubes share price is currently competing with some of its renowned peers such as Astral Ltd, Ratnamani Metal and Tubes Ltd, Chemplast Sanmar Ltd, Finolex Industries Ltd, and Prince Pipes and Fittings Ltd.

    Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

No 37 Hargobind Enclave, Vikas Marg, New Delhi, New Delhi, 110092

Tel : 91-11-22373437
Email : investors:aplapollo.com
Website : http://www.aplapollo.com
Registrar

Abhipra Capital Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 533758
NSE Code : APLAPOLLO
Book Closure Date (Month) :
BSE Group : A
ISIN : INE702C01027

FAQ’s on APL Apollo Tubes Ltd Shares

You can buy APL Apollo Tubes Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy APL Apollo Tubes Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 03:59 PM the closing price of APL Apollo Tubes Ltd was Rs.1,552.95.

The latest PE ratio of APL Apollo Tubes Ltd as of Jul 16, 2024 03:59 PM is 58.82

The latest PB ratio of APL Apollo Tubes Ltd as of Jul 16, 2024 03:59 PM is 0.08

The 52-week high of APL Apollo Tubes Ltd share price is Rs. 1,800.00 while the 52-week low is Rs. 1,305.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 03:59 PM, the market cap of APL Apollo Tubes Ltd stood at Rs. 43,098.24 Cr.

Download App

Download Our App

Play Store App Store
market app