APL Apollo Tubes Ltd Q1 FY27 Results — Earnings Call Analysis
Published 3 Jul 2026 | Industrial Products | Market Cap: ₹52.5K Cr
- FY '27 volume growth target: 15% to 20% (Sanjay Gupta). - FY '27 volume growth target: 15% to 20% (with downside risk down to 15%) - EBITDA growth guidance: 20% to 25% - PAT growth guidance: 25% to 30% - EBITDA per ton expected to sustain between INR
From APL Apollo Tubes Ltd's Q4 FY26 earnings-call transcript · updated 3 Jul 2026.
Price
₹1,788
Market Cap
₹52.5K Cr
P/E Ratio
43.6
Revenue Rank
Margin Rank
How does APL Apollo Tubes Ltd rank in Industrial Products?
Compare APL Apollo Tubes Ltd against every Industrial Products company this quarter on revenue, margins and earnings-call signals.
APL Apollo Tubes Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹6.3K Cr, net profit ₹354 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 3- →FY '27 volume growth target: 15% to 20% (Sanjay Gupta).
- →EBITDA growth guidance for FY '27: 20% to 25%.
- →PAT growth target for FY '27: 25% to 30%.
- →April volumes were muted due to raw material shortage but expected to improve in May and June with volumes potentially reaching 3.0 lakh tons in May and 3.5 lakh tons in June.
- →Capacity expansion underway, with new plants in East India and Bangalore planned over the next 1-2 years to support market share gains and growth.
- →Current growth targets factor in challenges like LPG shortage and energy constraints; however, if the situation worsens significantly, guidance will be re-evaluated.
- →Market share increased to 65% from 55% in FY '26, indicating potential for further growth through capacity build and branding.
- →Overall outlook expects steady volume and margin improvement supported by better product mix and cost rationalization.
📈 Profitability & Margins
Rank 3- →FY '27 volume growth target: 15% to 20% (with downside risk down to 15%)
- →EBITDA growth guidance: 20% to 25%
- →PAT growth guidance: 25% to 30%
- →EBITDA per ton expected to sustain between INR 5,000 to INR 5,500 based on 2 years track record
- →Margin improvement driven by better product mix, brand premium, and cost efficiencies
- →Focus on margin protection amid volume fluctuations due to market uncertainties
- →Capital allocation likely to include increased dividends or buybacks as net liabilities reduce
- →Capacity expansion planned, funded internally, to support mid-to-long-term growth and market share gains
🏗️ Capital Expenditure Plans
Yes- →APL Apollo Tubes Limited's total pending capex plan is around INR 1,400 - 1,500 crores for an 8 million ton capacity expansion, to be completed in the next 2 to 2.5 years.
- →Annual capex target for FY '27 is around INR 500 - 600 crores, fully funded from internal cash flows without leveraging the balance sheet.
- →New plants are being set up in East India and South India (Bangalore/Malur 2 plant) to increase capacity and capture market share, especially in regions where the company previously had limited presence.
- →The focus is on capacity building as a mid-to-long-term growth strategy.
- →Strategic investment also includes increased spending on branding to strengthen market presence and support margin growth.
- →No significant leverage is planned; investments are primarily using internal accruals.
💰 Fundraising & Capital Structure
No information- →There is no mention of any current or future fundraising through debt or equity in the provided transcript.
- →The company emphasizes strong internal cash flows funding capex, with no need for additional leveraging.
- →Significant capex for capacity expansion (e.g., INR 1,400-1,500 crores for 8 million ton capacity) is planned to be fully funded from operating cash flows over the next 2-2.5 years.
- →The company has reduced net liabilities to around INR 500 crores, expecting to eliminate them in Q1 and Q2 of FY27.
- →Post debt elimination, surplus cash will potentially be utilized for dividends or buybacks, not for raising further funds.
- →Overall, the company seems focused on organic growth funded by internal accruals with no immediate plans for raising funds via debt or equity.
📋 Order Book & Pipeline
No informationKey Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were APL Apollo Tubes Ltd Q1 FY27 results?
- FY '27 volume growth target: 15% to 20% (Sanjay Gupta). - FY '27 volume growth target: 15% to 20% (with downside risk down to 15%) - EBITDA growth guidance: 20% to 25% - PAT growth guidance: 25% to 30% - EBITDA per ton expected to sustain between INR
What is APL Apollo Tubes Ltd share price analysis?
APL Apollo Tubes Ltd currently shows a below-average growth signal. The stock trades at a P/E of 43.6 with a market cap of ₹52,483. Investors should review the full earnings analysis for detailed insights.
Is APL Apollo Tubes Ltd planning capital expenditure?
- APL Apollo Tubes Limited's total pending capex plan is around INR 1,400 - 1,500 crores for an 8 million ton capacity expansion, to be completed in the next 2 to 2.5 years.
Keep APL Apollo Tubes Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.