NSE: APLAPOLLO | BSE: 533758

Expensive Star

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1815.60 6.70 (0.37%)

New 52W High in past week

522.7K NSE+BSE Volume

NSE 03 Jun, 2025 3:31 PM (IST)

50,387.4

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

APL Apollo Tubes Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for APLAPOLLO, BSE:533758 APL Apollo Tubes Ltd.

APL Apollo Tubes Ltd.

28 Jan 2022

1815.60

0.37%

Result Update:APL Apollo Tubes

Buy: APL Apollo Tubes Ltd.

Axis Direct

We retain a BUY rating on the stock with a TP of Rs 1,215/share and continue to value it at 30x PE of FY24E EPS

APL Apollo Tubes Ltd. has gained 20.49% in the last 6 Months

APL Apollo Tubes Ltd.

20 Dec 2021

1815.60

0.37%

Business model continues to impress; valuations get richer

Buy: APL Apollo Tubes Ltd.

ICICI Securities Limited

We visited APL Apollo Tubes’ (APL) Murbad, Maharashtra facility and met with multiple APL distributors. Murbad was Lloyds steel plant, which APL acquired in CY10 for a cash consideration of Rs400mn with a capacity of 90,000te. The same has been ramped up to 0.35mtpa over past seven years, with the introduction of direct forming technology (DFT) and cold rolling and Galva (GP/GI) capacity.

APL Apollo Tubes Ltd. is trading above all available SMAs

APL Apollo Tubes Ltd.

29 Oct 2021

1815.60

0.37%

APL Apollo Tubes: Q2FY22 Result Review

Buy: APL Apollo Tubes Ltd.

IDBI Capital

APL Apollo Tubes Q2FY22 EBITDA was slightly weaker than our forecast. EBITDA stood at Rs2,222 mn (9% below our forecast). EBITDA/t expanded by 48% YoY to Rs5,199, although sequentially it fell 24%. Nevertheless, EBITDA/t over Rs5,000 is likely to be sustainable over the coming one year in our view; APL aims to increase EBITDA/t to Rs6-7,000/tonne in coming 2-3 years as it expands its Raipur facility where it will have 0.5 mtpa of high-margin products. Also, APL targets strong volume growth of 2.5 mn...

APL Apollo Tubes Ltd. has gained 26.18% in the last 3 Months

APL Apollo Tubes Ltd.

13 Oct 2021

1815.60

0.37%

Growing applications, paving way for a growth phase

Buy: APL Apollo Tubes Ltd.

Motilal Oswal

We analyzed the shifting trends in the Structural Tube industry, driven by growing consumption of steel tubes in Construction projects, coupled with growing acceptance and increasing applications of steel tubes. Key drivers of APAT's performance include: a) growing usage of structural tubes as a replacement to RCC, b) first-mover advantage by installing DFT in India, and c) leadership position to help benefit from this shift....

APL Apollo Tubes Ltd. has gained 26.18% in the last 3 Months

APL Apollo Tubes Ltd.

06 Sep 2021

1815.60

0.37%

APL Apollo Tubes (APAT) is the largest manufacturer of Structural Steel Tubes in India

Buy: APL Apollo Tubes Ltd.

Motilal Oswal

APL Apollo Tubes Ltd. is trading above all available SMAs

APL Apollo Tubes Ltd.

16 Aug 2021

1815.60

0.37%

Pick of the Week:16 August 2021

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

We recommend a BUY with TP of Rs. 1,780/share.

APL Apollo Tubes Ltd. has an average target of 1848.40 from 5 brokers.

APL Apollo Tubes Ltd.

10 Aug 2021

1815.60

0.37%

Result Update:APL Apollo Tubes

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

We retain a BUY rating on the stock and value it at 30x PE of FY24E EPS, to arrive at a revised TP of Rs 1,920 (Rs 1,595 earlier).

APL Apollo Tubes Ltd. has an average target of 1848.40 from 5 brokers.

APL Apollo Tubes Ltd.

09 Aug 2021

1815.60

0.37%

APL Apollo Tubes: Q1FY22 Result Review

Buy: APL Apollo Tubes Ltd.

Target

IDBI Capital

APL Apollo Tubes (APL) reported strong improvement in profitability for Q1FY22; its EBITDA was a strong beat to our forecast. APL's EBIDTA/tonne jumped to Rs6,825 (+129% YoY, +44% QoQ) driven by 1) strong demand, 2) better product mix and 3) higher contribution from high-margin Apollo Tricoat Products. Despite 14% QoQ fall in...

APL Apollo Tubes Ltd. has gained 26.18% in the last 3 Months

APL Apollo Tubes Ltd.

08 Jun 2021

1815.60

0.37%

Result Update:APL Apollo Tubes

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

We retain a BUY rating on the stock and value the stock at 30x PE of FY23E EPS, to arrive at a revised TP of Rs 1,595 (Rs 1,054 earlier).

APL Apollo Tubes Ltd. is trading above all available SMAs

APL Apollo Tubes Ltd.

04 Jun 2021, 12:00AM

1815.60

0.37%

APL Apollo Tubes: Q4FY21 Result Review

Buy: APL Apollo Tubes Ltd.

Target

IDBI Capital

APL Apollo Tubes (APL) reported better than expected profitability for Q4FY21 as its EBITDA was 19% higher than our estimate. EBIDTA/tonne at Rs4,742 (+59% YoY) was a strong beat and was led by better product mix and scarcity of raw material (steel)/...

APL Apollo Tubes Ltd. is trading above all available SMAs

Is APL Apollo Tubes Ltd. worth buying?

292 Votes:

Buy 79.11%

Sell 11.64%

Hold 9.25%

RESEARCH REPORTS

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