APL Apollo Tubes Limited has informed the Exchange about Transcript

APL Apollo reported all-time highest quarterly volume, EBITDA, and PAT for Q2 FY26, with EBITDA spread crossing INR 5,000 per ton driven by brand premiumization, operating leverage, and a better value-added mix from Raipur and Dubai plants. General category EBITDA per ton nearly doubled to INR 3,400, reflecting the successful INR 2,000-3,000 per ton price hike taken in January 2025. Management maintained its FY26 guidance of 10-15% volume growth and INR 4,600-5,000 per ton EBITDA spread, with a stated ambition to beat the INR 1,700 crore EBITDA target. The company plans to scale capacity from 5 million tons to 7 million tons (including a 1 million ton Abu Dhabi plant and new facilities in Gorakhpur and Siliguri) through INR 1,500 crore of capex fully funded from internal accruals, with a long-term aspiration of 10 million tons. Working capital stood at zero days and ROCE at 32-33%, with management confident of double-digit volume CAGR over the next 3-4 years and EBITDA growth of 15-20% going forward.