APL Apollo Tubes Ltd. News and Updates

Name: Latest research reports of APL Apollo Tubes Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: APL Apollo Tubes Ltd.
Rating: 5
Author: Sharekhan

Keep track of all breaking news on APL Apollo Tubes Ltd. from all sources in a single place.

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APL Apollo Tubes Ltd.

12 Aug 2024

1621.60

1.38%

to see Rapid results content

APL Apollo Tubes Ltd.

12 Aug 2024

1621.60

1.38%

APL Apollo Tubes Results Earnings Call for Q1FY25

Conference Call with APL Apollo Tubes Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.

audio

APL Apollo Tubes Ltd.

12 Aug 2024

1621.60

1.38%

Soft Q1; Outlook positive

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Sharekhan

APL Apollo Tubes (APL) reported largely in-line consolidated revenues at Rs. 4974 crore (up 9.4% y-o-y) led by 9% y-o-y growth in sales volumes. However, consolidated EBITDA/tonne at Rs. 4183 (down 9.9% y-o-y.

APL Apollo Tubes Ltd. has an average target of 1799.67 from 6 brokers.

APL Apollo Tubes Ltd.

12 Aug 2024

1621.60

1.38%

Muted earnings as volume growth offset by margin contraction

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Target

Motilal Oswal

APL Apollo Tubes (APAT) reported healthy sales volume of 721kmt (up 9% YoY/6% QoQ) in 1QFY25, led by the ramp-up of its Raipur and Dubai plants.

Number of FII/FPI investors increased from 641 to 660 in Mar 2025 qtr.

APL Apollo Tubes Ltd.

17 Jun 2024

1621.60

1.38%

NCLAT orders NCLT to hear afresh insolvency plea by APL Apollo Tubes

Business Standard

The National Company Law Appellate Tribunal (NCLAT) has directed the NCLT to hear afresh the insolvency plea filed by APL Apollo Tubes against one of its purchasers of goods. A two-member bench came down heavily on the Bengaluru bench of the National Company Law Tribunal (NCLT) for rejecting claims of APL Apollo Tubes on the "hypothetical interpretation". The NCLAT said the tribunal "should refrain from stepping into the shoes of a litigating party by substituting their own finding in the absence of there being any pleading evidence". The appellate tribunal has directed the NCLT to make all efforts to decide proceedings as expeditiously as possible. The NCLAT order came over a petition filed by APL Apollo Tubes against an order of the NCLT, which, on September 9, 2019, dismissed its insolvency plea filed as an operational creditor against Tanisha Scaffolding. Tanisha Scaffolding was engaged in marketing the products manufactured by APL Apollo Tubes. Some amount against supplies wa