APL Apollo Tubes Limited has informed the Exchange regarding Change in Director(s) of the company.

Pat Growth 25pctEbitda Margin ExpansionDebt Equity ThresholdResults View source PDF

APLAPOLLO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.4%1-day move

₹1907.00

prior close

₹1910.10

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2-0.5-0.4-0.3-1.4+0.6+3.3+2.3+2.4-0.4-0.5-5.1-5.3—

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AI summary

APL Apollo Tubes reported strong FY2026 consolidated results with revenue of ₹23,079 crore (up 11.5% from ₹20,690 crore) and PAT of ₹1,203 crore (up 59% from ₹757 crore). The Board approved a dividend of ₹8.50 per share and recommended re-appointment of 4 Independent Directors for second terms. The company also decided to voluntarily liquidate APL Apollo Mart Limited (a non-operational wholly-owned subsidiary contributing only 0.04% to consolidated revenue) and approved divestment of Blue Ocean Projects Private Limited (holding real estate assets) to unlock capital for the core manufacturing business. Statutory auditors Walker Chandiok & Co. LLP issued an unmodified opinion on both standalone and consolidated financials.

Likely market impact

The strong 59% PAT growth and margin expansion signal operational efficiency gains. The subsidiary restructuring (liquidation of non-operational APL Apollo Mart and planned divestment of Blue Ocean Projects) should improve capital allocation and reduce corporate layers. The dividend and clean audit opinion are positive signals for shareholders.