APLAPOLLONSEAPL Apollo Tubes Limited· Steel And Steel ProductsMediumNeutral
Announced Sat, 2 May · 16:08 IST

APL Apollo Tubes Limited has informed the Exchange regarding a press release dated May 02, 2026, titled "Q4FY26 Financial Performance".

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

APLAPOLLO · price

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AI summary

APL Apollo Tubes reported its best-ever quarterly performance in Q4FY26 with sales volume of 925,000 tons (up 9% YoY), revenue of Rs 62.7 billion (up 14% YoY), EBITDA of Rs 5.1 billion (up 24% YoY), and net profit of Rs 3.5 billion (up 21% YoY). For the full year FY26, sales volume grew 11% to 3.49 million tons, revenue increased 12% to Rs 230.8 billion, EBITDA surged 50% to Rs 18 billion, and net profit jumped 59% to Rs 12 billion. EBITDA per ton improved significantly to Rs 5,161 for FY26. The company expanded capacity to 5 million tons and announced plans to reach 8 million tons by FY28 through greenfield and brownfield expansions. The balance sheet strengthened with net cash of Rs 15.3 billion (vs Rs 3.1 billion in FY25) and zero working capital days.

Likely market impact

Strong quarterly and annual results with exceptional margin expansion signal operational efficiency gains. The company's net cash position and zero working capital cycle make it financially robust. The capacity expansion roadmap to 8 million tons by FY28 provides clear multi-year growth visibility. Positive for shareholders with improving return ratios (ROE at 25.3%, ROCE at 37.3%).