APL Apollo Tubes Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 26.7% YoY

On October 26, 2026, APL Apollo Tubes Limited announced its consolidated financial results for the quarter and half-year ending September 30, 2026, as per the exchange filings.  

The company reported a 26.7% year-on-year increase in total income for the September quarter, reaching ₹7,041.86 crore. Net profit for the same period rose by 26.8% year-on-year to ₹382.42 crore. 

APL Apollo Tubes Q2 FY27 Earnings Results 

For the September 2026 quarter, APL Apollo Tubes' total income increased to ₹7,041.86 crore from ₹5,556.35 crore in the previous year.  

The net profit also saw a rise, reaching ₹382.42 crore compared to ₹301.54 crore a year ago. The company’s income showed a 24.7% growth quarter-on-quarter from ₹5,646.23 crore in the June 2026 quarter. 

Half-Yearly Financial Overview 

In the half-year ending September 30, 2026, the company's total income was ₹12,688.09 crore, marking an 18.0% increase from ₹10,751.69 crore in the corresponding period of the previous year. Net profit for the half-year rose 19.8% year-on-year to ₹645.53 crore from ₹538.71 crore. 

Read More: Nippon Life India Asset Management Share Price Falls Over 3% After Q2 FY27 Earnings Results: Total Income Up 5.9% YoY! 

Corporate Developments and Acquisitions 

During a board meeting on October 26, 2026, APL Apollo Tubes approved acquiring an additional 31% equity stake in SG Enterprise Solutions Private Limited, increasing its holding to 51%. This acquisition involved purchasing 15,500 equity shares for ₹1.55 lakh, making SG Enterprise Solutions a subsidiary. 

Balance Sheet and Operating Ratios 

As of September 30, 2026, the company's total consolidated assets were valued at ₹9,946.29 crore. Non-current assets stood at ₹4,943.92 crore, while current assets were ₹5,002.37 crore. The group’s equity capital and reserves reached ₹5,740.31 crore.  

The debt-equity ratio was reported at (0.28) times, with a debt service coverage ratio of 6.05 times and an interest service coverage ratio of 10.54 times. 

Divestments and Liquidations 

APL Apollo Tubes entered into an agreement to sell its entire stake in Blue Ocean Projects Private Limited for ₹160.00 crore, resulting in a net gain of ₹9.70 crore. Additionally, the company completed the liquidation process of APL Apollo Mart Limited, receiving ₹109.36 crore in cash distribution. 

APL Apollo Tubes Share Price Performance 

As of October 26, 2026, at 12:34 PM, APL Apollo Tubes share price on NSE was trading at ₹2,061.20, up by 1.34% from the previous closing price. 

Conclusion 

APL Apollo Tubes reported a 26.7% increase in total income to ₹7,041.86 crore and a 26.8% rise in net profit to ₹382.42 crore for the September 2026 quarter. The company also expanded its stake in SG Enterprise Solutions and completed significant divestments and liquidations. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.