APL Apollo Tubes Ltd

NSE: APLAPOLLO BSE: 533758

₹1799

(1.03%)

Thu, 11 Jun 2026, 01:20 am

Market Cap (in Cr)50604.64

PE Ratio41.52

Dividend0.32

Non-Energy Minerals

Steel

24.5K

APL Apollo Tubes Analysis

Pros

Dividends paid are thoroughly covered by earnings (7.6x coverage).
APL Apollo Tubes's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

Dividend payments have increased, but APL Apollo Tubes only paid a dividend in the past 8 years.
Whilst dividend payments have been stable, APL Apollo Tubes has been paying a dividend for less than 10 years.
APL Apollo Tubes's dividend is below the markets top 25% of dividend payers in India (3.08%).

Pros

APL Apollo Tubes's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Performance (ROE) is expected to be above the current IN Metals and Mining industry average.
APL Apollo Tubes's revenue growth is expected to exceed the India market average.

Cons

Cash flow for APL Apollo Tubes is expected to decrease over the next 2 years.
APL Apollo Tubes's earnings are expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).
APL Apollo Tubes's earnings growth is positive but not above the India market average.
APL Apollo Tubes's earnings are expected to decrease over the next year.
APL Apollo Tubes's net income is expected to increase but not above the 50% threshold in 2 years time.
APL Apollo Tubes is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
A decline in APL Apollo Tubes's performance (ROE) is expected over the next 3 years.
APL Apollo Tubes's revenue is expected to increase but not above the 50% threshold in 2 years time.
APL Apollo Tubes's revenue is expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).

Pros

APL Apollo Tubes is profitable, therefore cash runway is not a concern.
APL Apollo Tubes is profitable, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (77.9%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 1.3x debt.
APL Apollo Tubes's cash and other short term assets cover its long term commitments.
The level of debt compared to net worth has been reduced over the past 5 years (105.5% vs 78% today).
Interest payments on debt are well covered by earnings (EBIT is 4x coverage).

Cons

APL Apollo Tubes's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
APL Apollo Tubes's level of debt (78%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

Pros

The tenure for the APL Apollo Tubes board of directors is about average.
Sanjay's compensation has been consistent with company performance over the past year, both up more than 20%.
More shares have been bought than sold by APL Apollo Tubes individual insiders in the past 3 months.

Cons

Sanjay's remuneration is higher than average for companies of similar size in India.
The average tenure for the APL Apollo Tubes management team is less than 2 years, this suggests a new team.

Pros

Cons

Pros

APL Apollo Tubes's 1-year earnings growth exceeds its 5-year average (88% vs 19.4%)
APL Apollo Tubes's year on year earnings growth rate has been positive over the past 5 years.
APL Apollo Tubes used its assets more efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
APL Apollo Tubes has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
APL Apollo Tubes's earnings growth has exceeded the IN Metals and Mining industry average in the past year (88% vs -4.8%).

Cons

APL Apollo Tubes's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

Pros

533758 outperformed the Metals and Mining industry which returned -28.6% over the past year.
533758 outperformed the Market in India which returned -14.5% over the past year.
BSE:533758 is up 27.1% outperforming the Metals and Mining industry which returned 7.5% over the past month.
BSE:533758 is up 27.1% outperforming the market in India which returned 8% over the past month.

Cons

APL Apollo Tubes's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
APL Apollo Tubes's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
APL Apollo Tubes is overvalued based on assets compared to the IN Metals and Mining industry average.
APL Apollo Tubes is poor value based on expected growth next year.
APL Apollo Tubes is overvalued based on earnings compared to the IN Metals and Mining industry average.
APL Apollo Tubes is overvalued based on earnings compared to the India market.