NSE: APLAPOLLO | BSE: 533758

Mid-range Performer

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1695.90 -5.90 (-0.35%)

33.25% Gain from 52W Low

31,825 NSE+BSE Volume

NSE 14 Jul, 2025 10:18 AM (IST)

47,065.4

Market Cap

Market Leader

0.8

Beta 1Year

Very 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.

27 Jan 2020

1695.90

-0.35%

Q3FY20 Result Update

Buy: APL Apollo Tubes Ltd.

Target

Prabhudas Lilladhar

Sales volumes stood at 480,225 MT up 52.6% YoY and 31.9% QoQ. Volumes increased on account of production efficiency, foray into new locations, increased branding expenditure, re-stocking at dealer end and improvement in demand scenario. The company is on track to surpass its volume guidance of 20+% growth. EBITDA/ton stood at Rs 3,342 up 77.6% YoY and 69% QoQ on account of improved...

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

APL Apollo Tubes Ltd.

20 Nov 2019

1695.90

-0.35%

Result Update:APL Apollo

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

APAT reported volume growth of 20% YoY on consolidated basis for Q2FY20 at 3.6lakh ton. We note, this a modest volume performance in a lean quarter (weak construction activity) aided by Hollow Sections (17% YoY growth)_ and contribution from Apollo Tricoat.

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

APL Apollo Tubes Ltd.

14 Nov 2019, 12:00AM

1695.90

-0.35%

APL Apollo Tubes: Q2FY20 Result Review

Buy: APL Apollo Tubes Ltd.

IDBI Capital

APL Apollo Tubes (APL) reported better than expected profitability for Q2FY20. Although EBITDA/tonne fell to Rs1,977 (-30.3% YoY, -38.5% QoQ), it was better than our forecast of Rs1,800. EBITDA fell 42.4% QoQ to Rs720 mn due to inventory loss as steel prices fell sharply (Rs5,000/tonne) during the quarter. There was a tax reversal of Rs341 mn vs. our estimate of Rs3 mn. Hence, net profit at Rs598 mn was significantly above our forecast. Cash flow from operations improved to Rs3 bn in H1FY20 compared...

APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1582.0

APL Apollo Tubes Ltd.

30 Sep 2019

1695.90

-0.35%

Company Initiation

Buy: APL Apollo Tubes Ltd.

Prabhudas Lilladhar

APL Apollo Tubes (APAT) is the largest producer of Electric Resistance Welded (ERW) Steel Pipes and Sections in India with a manufacturing capacity of 2.55 mn MTPA. With pan India manufacturing capacities and extensive distribution network, they are able to cater to customers effectively and efficiently (95% of the revenues come from the dealer-distributor network). APAT has always been a pioneer in new technologies & innovative products which has helped it grow faster than its peers. They also invest continuously in enhancing brand awareness and develop the brand which in turn is creating entry barriers for new entrants....

APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1582.0

APL Apollo Tubes Ltd.

30 Sep 2019

1695.90

-0.35%

Company Initiation

Buy: APL Apollo Tubes Ltd.

Prabhudas Lilladhar

APL Apollo Tubes Ltd. is trading below its 30 day SMA of 1798.4

APL Apollo Tubes Ltd.

24 Sep 2019

1695.90

-0.35%

APL Apollo Tubes: Initiating Coverage

Buy: APL Apollo Tubes Ltd.

IDBI Capital

We initiate coverage on APL Apollo Tubes (APL) with a BUY rating and a target price of Rs1,920. APL is India's largest manufacturer of Electric Resistance Welded (ERW) pipes. It is also one of the lowest cost producers of ERW pipes with wide range of products and a large distribution network. In the past decade, APL has outperformed industry growth by gaining market share from small and unorganized players. These factors have resulted in strong return ratios for APL (Average ROE of 19% over FY10-19). With expanded capacity in place, we expect its volumes to grow at a CAGR of 20% over FY19-21E. Also, its EBITDA/net profit are expected to grow at CAGR of 24%/45% over...

APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1582.0

APL Apollo Tubes Ltd.

16 Sep 2019

1695.90

-0.35%

Result Update:APL Apollo

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

APAT reported a strong volume growth of 29% YoY on consolidated basis for Q1FY20 at 3.8lakh ton. We note that Hollow sections its core product (including DFT) offering reported 31% YoY growth at 219kt indicating growing acceptance of DFT, technologically superior product.

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

APL Apollo Tubes Ltd.

07 Aug 2019

1695.90

-0.35%

APL Apollo

Not Rated: APL Apollo Tubes Ltd.

ICICI Securities Limited

APL Apollo is India's largest producer of electric resistance welded (ERW) steel pipes. Over the years, through organic and inorganic initiatives, the company enhanced its ERW capacity, which is currently ~2.5x its nearest peer. APL Apollo has an ERW capacity of 2.3 million tonne (MT) (inclusive of recently acquired 200000 tonnes capacity from Shankara Building Products), which has increased more than 8x in the last nine years. In the current decade itself, APL Apollo has witnessed notable growth in its capacity/volume thereby increasing its market share. APL Apollo's installed...

APL Apollo Tubes Ltd. is trading below its 30 day SMA of 1798.4

APL Apollo Tubes Ltd.

08 Jul 2019

1695.90

-0.35%

Pick of the Week:08 JULY 2019

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

APL Apollo Tubes Ltd. is trading above its 200 day SMA of 1582.0

APL Apollo Tubes Ltd.

04 Jul 2019

1695.90

-0.35%

Result Update:APL Apollo

Buy: APL Apollo Tubes Ltd.

Target

Axis Direct

APAT reported a strong volume growth of 29% YoY on consolidated basis for Q1FY20. This is the second consecutive quarter of healthy volume growth as was reported in Q4FY19 (39% YoY growth).

APL Apollo Tubes Ltd. is trading below its 30 day SMA of 1798.4

Is APL Apollo Tubes Ltd. worth buying?

292 Votes:

Buy 79.11%

Sell 11.64%

Hold 9.25%

RESEARCH REPORTS

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