APL Apollo Tubes Ltd’s fundamental analysis highlights key financial metrics including market capitalization of ₹39,309.97 crore, PE ratio of 53.67, debt-to-equity ratio of 29.05, and return on equity of 23.47%. These figures reflect the company’s financial health and current market valuation.
Contents:
- APL Apollo Tubes Ltd Overview
- APL Apollo Tubes Ltd Financial Results
- APL Apollo Tubes Ltd Financial Analysis
- APL Apollo Tubes Company Metrics
- APL Apollo Tubes Limited Stock Performance
- APL Apollo Tubes Peer Comparison
- APL Apollo Tubes Ltd Shareholding Pattern
- APL Apollo Tubes History
- How To Invest In APL Apollo Tubes Ltd Share?
- APL Apollo Tubes Limited Fundamental Analysis – FAQs
APL Apollo Tubes Ltd Overview
APL Apollo Tubes Ltd is India’s leading producer of structural steel tubes. It operates in the steel manufacturing sector, specializing in the production of electric resistance welded (ERW) steel tubes and various structural steel products.
The company has a market capitalization of ₹39,309.97 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 27.08% below its 52-week high and 8.54% above its 52-week low.
APL Apollo Tubes Ltd Financial Results
APL Apollo Tubes Ltd has consistently increased its sales over three fiscal years, from ₹13,063 crores in FY 22 to ₹18,119 crores in FY 24, marking significant growth. Operating profit has also grown steadily, reflecting improved operational efficiency.
1. Revenue Trend: Sales rose from ₹13,063 crores in FY 22 to ₹16,166 crores in FY 23, and further to ₹18,119 crores in FY 24, showing a robust increase year-over-year.
2. Equity and Liabilities: For FY 24, the Equity and Liabilities of APL Apollo Tubes Ltd show an increase, with equity capital at ₹55.51 crore (up from ₹55.47 crore) and total liabilities rising to ₹7,187 crore from ₹5,852 crore in FY 23.
3. Profitability: Operating Margin (OPM) has fluctuated slightly but improved from 6% in FY 23 to 7% in FY 24.
4. Earnings per Share (EPS): EPS increased from ₹22.3 in FY 22 to ₹26.4 in FY 24, demonstrating growth in profitability per share.
5. Return on Net Worth (RoNW): The specific RoNW figures are not provided, but the increase in net profit suggests an improvement.
6. Financial Position: The steady increase in EBITDA from ₹986 crores in FY 22 to ₹1,267 crores in FY 24 highlights a strengthening financial position.
APL Apollo Tubes Ltd Financial Analysis
FY 24 | FY 23 | FY 22 | |
Sales | 18,119 | 16,166 | 13,063 |
Expenses | 16,927 | 15,144 | 12,118 |
Operating Profit | 1,192 | 1,022 | 945 |
OPM % | 7 | 6 | 7 |
Other Income | 75 | 47 | 41 |
EBITDA | 1,267 | 1,069 | 986 |
Interest | 113 | 67 | 44 |
Depreciation | 176 | 138 | 109 |
Profit Before Tax | 978 | 863 | 832 |
Tax % | 25 | 26 | 26 |
Net Profit | 732 | 642 | 619 |
EPS | 26.4 | 23.15 | 22.3 |
Dividend Payout % | 20.83 | 21.6 | 15.7 |
* Consolidated Figures in Rs. Crores
APL Apollo Tubes Company Metrics
APL Apollo Tubes’ market cap is ₹39,309.97 crore with a book value of ₹130 per share. The face value per share is ₹2. Total debt is ₹873.01 crore, ROE is 23.47%, and quarterly EBITDA is ₹298.94 crore. The dividend yield stands at 0.39%.
Market Capitalization:
Market Capitalization represents the total market value of APL Apollo Tubes’ outstanding shares, amounting to ₹39,309.97 crore.
Book Value:
The book value per share of APL Apollo Tubes Ltd is ₹130 indicating the value of the company’s net assets divided by its shares outstanding.
Face Value:
The face value of APL Apollo Tubes’ shares is ₹2, which is the nominal value of each share as stated on the share certificate.
Asset Turnover Ratio:
The Asset Turnover Ratio of 3.53 measures how efficiently APL Apollo Tubes uses its assets to generate sales revenue or sales income.
Total Debt:
The Total Debt of APL Apollo Tubes stands at ₹873.01 crore, representing the total amount of money the company owes to creditors.
Return on Equity (ROE):
The ROE of 23.47% measures APL Apollo Tubes’ profitability by revealing how much profit the company generates with the money shareholders have invested.
EBITDA (Q):
The quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of APL Apollo Tubes is ₹298.94 crore, indicating the company’s operating performance.
Dividend Yield:
The dividend yield of 0.39% shows the annual dividend payment as a percentage of APL Apollo Tubes’ current share price, indicating the return on investment from dividends alone.
APL Apollo Tubes Limited Stock Performance
The investment performance shows a 1-year loss of 7.7%, a gain of 21.3% over 3 years, and a substantial increase of 62.2% over 5 years, indicating volatile initial performance but strong long-term gains.
Period | Return on Investment (%) |
1 Year | -7.7 |
3 Years | 21.3 |
5 Years | 62.2 |
Example: If an investor had invested ₹1,000:
1 year ago, the value would have decreased to ₹923.
3 years ago, it would have grown to ₹1,213.
5 years ago, it would have significantly increased to ₹1,622.
APL Apollo Tubes Peer Comparison
APL Apollo Tubes Ltd, with a P/E of 53.67 and ROE of 22%, stands out in the steel sector for its performance. Despite a 1-year return of -8%, its ROCE of 25.29% and dividend yield of 0.35% reflect a robust financial position. This contrasts with peers like JSW Steel and Tata Steel, showcasing its competitive stance despite market challenges.
Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
JSW Steel | 918 | 2,24,591 | 32 | 12 | 30 | 12 | 13 | 0.80 |
Tata Steel | 152 | 1,89,949 | 118 | 7 | -3 | 26 | 7 | 2.37 |
Tube Investments | 3,916 | 75,727 | 89 | 26 | 63 | 37 | 26.28 | 0.09 |
Jindal Stain. | 678 | 55,720 | 22 | 20 | 32 | 65.59 | 22.27 | 0.15 |
S A I L | 132 | 54,378 | 14 | 7 | 7 | 45 | 8 | 0.76 |
APL Apollo Tubes | 1,433 | 39,743 | 54 | 22 | 26 | -8 | 25.29 | 0.35 |
Shyam Metalics | 745 | 20,790 | 19 | 12 | 42 | 60 | 10.94 | 0.61 |
APL Apollo Tubes Ltd Shareholding Pattern
APL Apollo Tubes Ltd, with a P/E of 54 and ROE of 22%, stands out in the steel sector for its performance. Despite a 1-year return of -8%, its ROCE of 25.29% and dividend yield of 0.35% reflect a robust financial position. This contrasts with peers like JSW Steel and Tata Steel, showcasing its competitive stance despite market challenges.
All values in % | Jun-24 | Mar-24 | Dec-23 |
Promoters | 28.33 | 29.44 | 30 |
FII | 31.55 | 30.69 | 29.25 |
DII | 14.9 | 14.06 | 13.75 |
Retail & others | 25.23 | 25.81 | 27.41 |
APL Apollo Tubes History
APL Apollo Tubes Limited is a leading producer of structural steel tubes in India, specializing in electric resistance welded (ERW) steel tubes. The company offers a diverse range of products, including over 1,100 varieties of pre-galvanized tubes, structural steel tubes, galvanized tubes, MS black pipes, and hollow sections.
The company markets its products under various brand names, catering to different market segments and applications. These brands include Apollo Fabritech, Apollo Build, Apollo DFT, Apollo Column, Apollo Coastguard, and Apollo Bheem, among others. This diverse product portfolio allows APL Apollo to serve a wide range of industries and applications.
APL Apollo’s products find applications in numerous sectors, including agriculture, plumbing, firefighting, furniture manufacturing, metro construction, and solar panel installations. The company has established a strong manufacturing presence across India, with production units located in Uttar Pradesh, Tamil Nadu, Chhattisgarh, Maharashtra, and Telangana, ensuring wide geographic coverage and efficient distribution.
How To Invest In APL Apollo Tubes Ltd Share?
To invest in APL Apollo Tubes Ltd shares, begin by opening a demat account with Alice Blue. Complete the necessary KYC process and fund your account with the desired investment amount.
Research the company’s fundamentals, financial performance, and market trends before making an investment decision. Use the trading platform provided by the broker to place a buy order for APL Apollo Tubes shares at your preferred price.
Monitor your investment regularly and stay informed about company news and market developments. Consider setting up a systematic investment plan (SIP) for long-term investing in the stock if it aligns with your financial goals.
APL Apollo Tubes Limited Fundamental Analysis – FAQs
Fundamental analysis of APL Apollo Tubes Ltd examines key financial metrics: Market Cap (₹39,309.97 crore), PE Ratio (53.67), Debt to Equity (29.05), and Return on Equity (23.47%). These indicators provide insights into the company’s financial health, market valuation, and overall performance in the structural steel tubes sector.
The market capitalization of APL Apollo Tubes Ltd is ₹39,309.97 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current share price by the total number of shares outstanding.
APL Apollo Tubes Limited is India’s leading producer of structural steel tubes. The company specializes in manufacturing electric resistance welded (ERW) steel tubes and offers a wide range of products including pre-galvanized tubes, structural steel tubes, and hollow sections for various industrial applications.
APL Apollo Tubes is a public limited company, with the Gupta family as the promoters. Sanjay Gupta is the Chairman and Managing Director. While the promoter group holds a significant stake, it is a listed company with multiple shareholders including institutional investors and public shareholders.
The main shareholders of APL Apollo Tubes Ltd typically include the Gupta family (promoter group) as major stakeholders, along with institutional investors (both domestic and foreign), mutual funds, and public shareholders. For the most current shareholding information, refer to the latest pattern disclosed by the company.
APL Apollo Tubes operates in the steel manufacturing industry, specifically in the structural steel tubes sector. The company is engaged in the production and distribution of various types of steel tubes and pipes used in construction, infrastructure, and other industrial applications.
To invest in APL Apollo Tubes shares, open a demat account with Alice Blue. Complete the KYC process and fund your account. Research the company thoroughly, then use the trading platform to place a buy order for the desired number of shares at your preferred price.
Determining if APL Apollo Tubes is overvalued or undervalued requires a comprehensive analysis of its financials, growth prospects, industry trends, and market conditions. Investors should consider metrics like the P/E ratio, and PEG ratio, and compare them with industry peers and historical values for a balanced assessment.
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