Live APL Apollo Tubes Share Price Chart

O 1550

H 1557

L 1545.05

VOL 1243

APL Apollo Tubes Performance

Days Range

Low: ₹1,525.00
High: ₹1,557.00
Previous Close ₹1,550.05
Open ₹1,550.00
Volume 21,619
Day’s Range ₹1,525.00 - ₹1,557.00
52W Range ₹1,047.00 - ₹1,800.00
Market Cap ₹43,024 Cr

APL Apollo Tubes Fundamentals

ROCE (TTM) 24.75
P/E Ratio (TTM) 56.24
P/B Ratio 13.09
Industry P/E 18.05
Debt to Equity 0.36
ROE 23.4
EPS (TTM) 27.52
Dividend Yield 0.32
Book Value 118.2
Face Value 2

APL Apollo Tubes Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales4,431.094,544.94,630.44,177.76
Expenses4,1554,278.584,346.733,945.29
Profit before tax269.16260.85276.66218.99
Operating Profit201.82193.62202.87165.51
Net Profit201.82193.62202.87165.51
EPS in Rs7.286.987.325.97

About APL Apollo Tubes

History

APL Apollo Tubes Limited (APL) is India’s largest and one of the most innovative producers of structural steel tubes and pipes. Headquartered in Delhi NCR, the company owns 11 manufacturing facilities along with warehouses and branch offices in over 20 cities. APL Apollo Tubes Ltd was incorporated on February 24, 1986 in Ghaziabad. In 1994-95, it commissioned a new galvanising plant and also received the ISI Certification. In the same year, it was also listed on the stock exchanges.

In 2001-02, the company commissioned a new tube mill and a modern Gallium mill. It also received the ISO 9001:2000 certification. In 2003-04, it developed in-house hollow sections across a wide range of sizes. It also became the first company in India to launch pre-galvanised pipes. 2009-10 was a year of expansion as the company commissioned multiple warehouses across India and also a new plant, in Hosur, Tamil Nadu.

In 2013-14, the company launched door sections, window sections, and railing tubes and also procured CRFH Coils from JSW Steel to expand its product range. In 2015, it became the first company in India to achieve a capacity of 1 MTPA in steel pipe production. In 2016-17, it established India’s first-ever Direct Forming Technology Line in Hosur. It also set up greenfield facilities at Raipur and Chhattisgarh with Direct Forming Technology and was awarded patents for 6 product designs in the same year. In 2018-19, it entered the home improvement solutions segment involving designer tubes, electrical conduits, etc.

In 2019-20, the company achieved a 40% market share in terms of sales in the structural steel tubing industry. In 2021-22, it commissioned a second production plant at Raipur for value-added products, with a 1.4 MTPA capacity.

Business Segments

The company’s products can be categorised into the following segments:

  1. Apollo Structural – It is used for building structures, sheds, handrails, gates, fencing, balcony grills, staircases, light structures, etc. in residential and commercial buildings, independent homes, warehouses, metros, airports, stadiums, industrial and agricultural heavy equipment and factories. As per FY 2022 sales volume, it brings 55% of the revenue.
  2. Apollo Z – This includes galvanised structural steel tubes for residential and commercial buildings, warehouses and factories in coastal markets. As per FY 2022 sales volume, it brings 27% of the revenue.
  3. Apollo Tricoat – This is designed for door frames, staircase steps, furniture, planks, designer tubes, fencing, electrical conduits, etc., for residential and commercial buildings. As per FY 2022 sales volume, it brings 14% of the revenue.
  4. Apollo Galv – This includes galvanised greenhouse structures, plumbing, and fire-fighting applications used in commercial, industrial and agricultural structures.

As of FY 2023, 57% of its revenue comes from building materials for the housing sector, 22% for the commercial sector, 18% for infrastructure, and 3% for industrial and agricultural equipment. Around 2.8% of the revenue comes from the sale of scraps.

Subsidiaries

The company has 6 wholly-owned subsidiaries as of March 31, 2023, some of whom are:

  1. Apollo Metalex Private Limited – It is a major pre-galvanised steel tube manufacturer and exporter in India.
  2. Blue Ocean Projects Private Limited – This company offers real estate services in India.
  3. APL Apollo Building Products Private Limited – This company is involved in the manufacture of basic precious and non-ferrous metals.

The other 3 include APL Apollo Mart Limited, APL Apollo Tubes Company LLC and APL Apollo Tubes FZE.

Key Personnel

Mr Sanjay Gupta, Chairman and Managing Director

Mr Gupta has experience spanning over 3 decades in various aspects of the steel industry. He has provided the leadership required to transform the company into a global brand for steel tube products.

Corporate Actions

The company has performed the following corporate actions in the recent past:

Bonus Issue

The company issued bonus shares at a 1:1 ratio with a record date of September 18, 2021.

Stock Split

The company split its stock from a face value of ₹10 to ₹2 per share with a record date of December 16, 2020.

Mergers and Acquisitions

  • In 2018-19, it acquired Apollo Tricoat to enter the home improvement solutions segment.
  • It acquired Lloyds Line Pipes Limited plant near Mumbai in 2011-12.
  • In 2007-08, the company acquired Apollo Metalex Private Limited and Shri Lakshmi Metal Udyog Limited.
Parent Organisation Sudesh Group
Founded 1986
Managing Director SANJAY GUPTA
NSE Symbol APLAPOLLO

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Steel Authority of India Ltd ₹54,997.94

137.65

4.65 (3.50%)

133.15 - 138.5
Jindal Stainless Ltd ₹53,609.71

662.9

12.55 (1.93%)

654.1 - 664.25
JSW Steel Ltd ₹204,403.27

844.95

8.75 (1.05%)

834.4 - 847
Tata Steel Ltd ₹187,252.91

155.25

5.30 (3.53%)

151 - 156.2
Jindal Steel & Power Ltd ₹83,917.55

838.5

15.65 (1.90%)

823.6 - 844.85

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APL Apollo Tubes FAQs

What is the Share price of APL Apollo Tubes (APLAPOLLO)?

APL Apollo Tubes (APLAPOLLO) share price as of March 2, 2024, on NSE is Rs 1,531.85 (NSE) and Rs 1,532.40 (BSE) on BSE.

Can I buy APL Apollo Tubes (APLAPOLLO) shares?

Yes, You can buy APL Apollo Tubes (APLAPOLLO) shares by opening a Demat account with Angel One.

How do I buy APL Apollo Tubes (APLAPOLLO) from Angel One?

APL Apollo Tubes (APLAPOLLO) share can be brought through the following modes:
  1. Direct investment: You can buy APL Apollo Tubes (APLAPOLLO) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to APL Apollo Tubes (APLAPOLLO) shares.

Is APL Apollo Tubes a Debt free Company?

No, APL Apollo Tubes is not a debt free company.

What is the main business of APL Apollo Tubes?

The main business of APL Apollo Tubes is to manufacture structural steel tubes, such as pre- galvanized tubes, galvanized tubes, MS black pipes, structural steel tubes, and hollow sections.

Who are the promoters of APL Apollo Tubes?

The main promoters of APL Apollo Tubes are APL Infrastructure Private Limited, Veera Gupta, Rahul Gupta, Rohan Gupta, and Sanjay Gupta.

What are the Subsidiaries that comes under APL Apollo Tubes?

The main subsidiaries that come under APL Apollo Tubes are Apollo Metalex Private Limited (AMPL), Shri Lakshmi Metal Udyog Limited (SLMUL), APL Apollo Building Products Private Limited, APL Apollo Tubes FZE, Blue Ocean Projects Private Limited, APL Apollo Mart Limited, and Apollo Tricoat Tubes Limited (ATTL).