- Total income
- ₹22,152 Cr
- Profit
- ₹757 Cr

About Apl Apollo Tubes Limited
Data last updated:
Apl Apollo Tubes Limited is a public limited company based in Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 February 1986 and has been in existence for over 40 years.
Apl Apollo Tubes is ranked #128 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Sanjay Gupta and family are #179 among India's richest people (2026). Its director Vinay Gupta and family are #763 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1986PLC023443. Its GSTIN is 07AAACB0960D1Z8 (Delhi). The company holds 28 GST registrations, of which 23 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533758 and NSE: APLAPOLLO.
The company has an authorised share capital of ₹97 Cr and a paid-up capital of ₹55.53 Cr. It was formerly known as Bihar Tubes Limited and Bihar Tubes Private Limited. It is led by directors including Sanjay Gupta (Managing Director) and Deepak Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 37 Hargobind Enclavevikas Marg, Delhi, India – 110092.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹24,472 Cr, a growth of 14.5% compared to the previous year. For the same year it recorded a net profit of ₹1,207.6 Cr (net margin 4.9%) and EBITDA of ₹1,801.82 Cr (EBITDA margin 7.4%). The net worth stands at ₹5,296.53 Cr (up 25.8% YoY). Total assets are valued at ₹5,980.7 Cr (up 19.2% YoY).
The company has about 1,325 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Apl Apollo Tubes. As per MCA filings, the company has open charges of ₹4,090 Cr and satisfied charges of ₹4,335.74 Cr on record. Court records list 152 cases involving the company, including 104 filed by the company and 48 filed against it; 25 cases are pending. The company has 58 deals on record (47 market trades, 9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹313.92 Cr; the latest was in July 2025. Its 3 peer companies in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (manufacture of basic metals) are compared by revenue, 2 larger and 1 smaller; the largest is Jindal Stainless Limited with revenue of ₹39,603 Cr. The company has 20 MSME Form 1 returns on record between 2020 and 2024, listing 1,011 overdue payments to 170 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aplapollo.com.
Company details
Name history
Apl Apollo Tubes has undergone 2 name changes throughout its history. The company was previously known as Bihar Tubes Limited, and Bihar Tubes Private Limited. The current legal name is Apl Apollo Tubes Limited.
| Company Name | Status |
|---|---|
| Apl Apollo Tubes Limited | Current |
| Bihar Tubes Limited | Previous |
| Bihar Tubes Private Limited | Previous |
Recognitions & Rankings of Apl Apollo Tubes
- Valuation
- ₹44,850 Cr
- #179 Sanjay Gupta & family ₹20,100 Cr
- #763 Vinay Gupta & family ₹4,100 Cr
Contact details
Apl Apollo Tubes Limited's registered office is in Delhi, Delhi. Its website is aplapollo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address37 Hargobind Enclavevikas Marg, Delhi, India – 110092
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Apl Apollo Tubes Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Apl Apollo Tubes operates one associated brand: Apl Apollo Tubes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for manufacturing structural steel tubes, pipes, and related steel solutions | aplapollo.com |
Business activity
The main business activity of Apl Apollo Tubes is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Apl Apollo Tubes Limited, buy the company report.
Financials of Apl Apollo Tubes Limited
FY 2025-26 filings availableApl Apollo Tubes Limited reported revenue of ₹24,472 Cr (up 14.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 24,472 | 21,373 | 18,803 | 16,166 | 13,063 | 8,500 | 7,723 |
| Revenue growth | +14.5% | +13.7% | +16.3% | +23.8% | +53.7% | +10.1% | - |
| EBITDA | 1,802 | 1,199 | 1,192 | 1,022 | 945 | 679 | 477 |
| EBITDA margin | +7.4% | +5.6% | +6.3% | +6.3% | +7.2% | +8.0% | +6.2% |
| Profit before tax | 1,557 | 960 | 978 | 863 | 832 | 546 | 296 |
| Net profit | 1,208 | 731 | 729 | 643 | 619 | 360 | 237 |
| Net profit margin | +4.9% | +3.4% | +3.9% | +4.0% | +4.7% | +4.2% | +3.1% |
| EPS (₹) | 43.32 | 27.28 | 26.39 | 23.14 | 24.73 | 28.84 | 95.69 |
| Balance sheet | |||||||
| Total assets | 5,981 | 5,019 | 4,904 | 4,019 | 3,138 | 2,446 | 2,370 |
| Net worth | 5,297 | 4,209 | 3,605 | 3,006 | 2,464 | 1,695 | 1,356 |
| Total debt | 498 | 634 | 1,144 | 873 | 581 | 520 | 834 |
| Cash & bank | 886 | 575 | 348 | 352 | 376 | 358 | 45.61 |
| Net working capital | 1,181 | 759 | 1,185 | 842 | 627 | 558 | 655 |
| Cash flow | |||||||
| Cash from operations | 2,103 | 1,219 | 1,112 | 691 | 652 | 977 | 510 |
| Cash from investing | (1,387) | (380) | (916) | (876) | (530) | (647) | (435) |
| Cash from financing | (440) | (815) | 26.55 | 143 | 26.03 | (359) | (77.83) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,002 | 5,607 | 6,269 | 5,982 | 5,531 | 5,170 | 5,509 | 5,433 |
| Revenue growth (YoY) | +26.6% | +8.5% | +13.8% | +10.1% | +15.9% | +3.9% | - | - |
| Other income | 40.16 | 39.52 | 36.49 | 24.72 | 25.07 | 25.57 | 34.92 | 21.65 |
| EBITDA | 578 | 411 | 511 | 472 | 447 | 372 | 414 | 346 |
| EBITDA margin | +8.5% | +7.6% | +8.4% | +8.1% | +8.3% | +7.4% | +7.8% | +6.6% |
| Depreciation | 65.87 | 59.43 | 59.26 | 59.18 | 58.13 | 54.36 | 57.60 | 50.34 |
| Interest | 52.40 | 38.94 | 31.65 | 32.86 | 27.60 | 33.26 | 32.28 | 36.79 |
| Profit before tax | 500 | 352 | 457 | 404 | 386 | 310 | 359 | 280 |
| Tax | 117 | 89.32 | 102 | 94.43 | 84.82 | 72.78 | 65.62 | 63.13 |
| Net profit | 382 | 263 | 354 | 310 | 302 | 237 | 293 | 217 |
| EPS (₹) | 13.61 | 9.48 | 12.76 | 11.17 | 10.86 | 8.55 | 10.56 | 7.82 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 15,110 | 14,361 | 13,859 | 14,279 | 11,590 | 6,008 | 5,931 |
| Revenue growth | +5.2% | +3.6% | -2.9% | +23.2% | +92.9% | +1.3% | - |
| EBITDA | 887 | 541 | 706 | 797 | 764 | 284 | 238 |
| EBITDA margin | +5.9% | +3.8% | +5.1% | +5.6% | +6.6% | +4.7% | +4.0% |
| Profit before tax | 735 | 425 | 612 | 689 | 662 | 205 | 114 |
| Net profit | 547 | 308 | 450 | 512 | 495 | 154 | 114 |
| Net profit margin | +3.6% | +2.2% | +3.2% | +3.6% | +4.3% | +2.6% | +1.9% |
| EPS (₹) | 19.70 | 12.09 | 16.35 | 18.46 | 19.75 | 12.31 | 46.24 |
| Balance sheet | |||||||
| Total assets | 4,226 | 3,864 | 3,112 | 3,065 | 2,566 | 1,998 | 1,898 |
| Net worth | 3,481 | 3,087 | 2,889 | 2,571 | 2,143 | 1,449 | 1,275 |
| Total debt | 640 | 669 | 130 | 399 | 339 | 488 | 564 |
| Cash & bank | 727 | 413 | 73.17 | 256 | 288 | 344 | 39.92 |
| Net working capital | 653 | 386 | 97.88 | 212 | 482 | 422 | 460 |
| Cash flow | |||||||
| Cash from operations | 1,200 | 413 | 740 | 916 | 614 | 618 | 305 |
| Cash from investing | (670) | (471) | (334) | (837) | (171) | (545) | (164) |
| Cash from financing | (296) | 300 | (450) | (71.14) | (349) | (108) | (127) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,656 | 3,802 | 4,216 | 4,010 | 3,511 | 3,373 | 3,757 | 3,781 |
| Revenue growth (YoY) | +32.6% | +12.7% | +12.2% | +6.1% | +5.7% | -3.7% | - | - |
| Other income | 39.78 | 49.50 | 29.90 | 17.40 | 16.74 | 17.19 | 34.65 | 19.90 |
| Total expenses | 4,270 | 3,585 | 3,913 | 3,802 | 3,329 | 3,179 | 3,555 | 3,635 |
| EBITDA | 386 | 217 | 303 | 208 | 183 | 194 | 202 | 146 |
| EBITDA margin | +8.5% | +5.9% | +7.4% | +5.3% | +5.3% | +5.9% | +5.5% | +4.0% |
| Depreciation | 30.16 | 29.31 | 31.67 | 31.12 | 31.01 | 27.12 | 30.42 | 24.72 |
| Interest | 41.31 | 38.18 | 30.54 | 29.33 | 25.83 | 27.29 | 26.80 | 31.37 |
| Profit before tax | 354 | 199 | 271 | 165 | 142 | 156 | 179 | 110 |
| Tax | 89.25 | 51.76 | 65.61 | 45.34 | 36.19 | 40.39 | 28.52 | 23.71 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,002 | 5,607 | 6,269 | 5,982 | 5,531 | 5,170 | 5,509 | 5,433 |
| Revenue growth (YoY) | +26.6% | +8.5% | +13.8% | +10.1% | +15.9% | +3.9% | - | - |
| Other income | 40.16 | 39.52 | 36.49 | 24.72 | 25.07 | 25.57 | 34.92 | 21.65 |
| EBITDA | 578 | 411 | 511 | 472 | 447 | 372 | 414 | 346 |
| EBITDA margin | +8.5% | +7.6% | +8.4% | +8.1% | +8.3% | +7.4% | +7.8% | +6.6% |
| Depreciation | 65.87 | 59.43 | 59.26 | 59.18 | 58.13 | 54.36 | 57.60 | 50.34 |
| Interest | 52.40 | 38.94 | 31.65 | 32.86 | 27.60 | 33.26 | 32.28 | 36.79 |
| Profit before tax | 500 | 352 | 457 | 404 | 386 | 310 | 359 | 280 |
| Tax | 117 | 89.32 | 102 | 94.43 | 84.82 | 72.78 | 65.62 | 63.13 |
| Net profit | 382 | 263 | 354 | 310 | 302 | 237 | 293 | 217 |
| EPS (₹) | 13.61 | 9.48 | 12.76 | 11.17 | 10.86 | 8.55 | 10.56 | 7.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 24,472 | 21,373 | 18,803 | 16,166 | 13,063 | 8,500 | 7,723 |
| Revenue growth | +14.5% | +13.7% | +16.3% | +23.8% | +53.7% | +10.1% | - |
| Other income | 112 | 96.06 | 74.87 | 47.18 | 40.50 | 35.94 | 22.18 |
| Total expenses | 22,670 | 20,174 | 17,610 | 15,144 | 12,118 | 7,821 | 7,246 |
| Employee cost | 370 | 332 | 258 | 206 | 153 | 130 | 142 |
| EBITDA | 1,802 | 1,199 | 1,192 | 1,022 | 945 | 679 | 477 |
| EBITDA margin | +7.4% | +5.6% | +6.3% | +6.3% | +7.2% | +8.0% | +6.2% |
| Depreciation | 231 | 201 | 176 | 138 | 109 | 103 | 95.91 |
| Interest | 125 | 133 | 113 | 67.09 | 44.47 | 66.09 | 107 |
| Profit before tax | 1,557 | 960 | 978 | 863 | 832 | 546 | 296 |
| Tax | 354 | 203 | 245 | 221 | 213 | 138 | 40.34 |
| Net profit | 1,208 | 731 | 729 | 643 | 619 | 360 | 237 |
| Net profit margin | +4.9% | +3.4% | +3.9% | +4.0% | +4.7% | +4.2% | +3.1% |
| EPS (₹) | 43.32 | 27.28 | 26.39 | 23.14 | 24.73 | 28.84 | 95.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.54 | 55.51 | 55.51 | 55.47 | 50.06 | 24.98 | 24.87 |
| Reserves & surplus | 5,241 | 4,153 | 3,549 | 2,950 | 2,409 | 1,670 | 1,331 |
| Shareholders' funds (net worth) | 5,297 | 4,209 | 3,605 | 3,006 | 2,464 | 1,695 | 1,356 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 138 | 95.42 |
| Secured loans | 416 | 581 | 1,094 | 855 | 580 | 520 | 834 |
| Unsecured loans | 81.80 | 53.72 | 50.02 | 17.90 | 0.88 | 0.14 | 0.70 |
| Total debt | 498 | 634 | 1,144 | 873 | 581 | 520 | 834 |
| Total liabilities | 5,981 | 5,019 | 4,904 | 4,019 | 3,138 | 2,446 | 2,370 |
| Assets | |||||||
| Gross block | 5,130 | 4,559 | 3,983 | 3,144 | 2,277 | 2,076 | 1,958 |
| Net block | 4,060 | 3,668 | 3,281 | 2,580 | 1,837 | 1,736 | 1,708 |
| Capital work in progress | 328 | 336 | 203 | 374 | 504 | 108 | 10.09 |
| Investments | 48.54 | 126 | 103 | 96.04 | 91.25 | 1.48 | 1.52 |
| Inventories | 1,445 | 1,623 | 1,638 | 1,480 | 847 | 760 | 784 |
| Sundry debtors | 351 | 267 | 139 | 137 | 342 | 131 | 476 |
| Cash & bank balances | 886 | 575 | 348 | 352 | 376 | 358 | 45.61 |
| Loans & advances | 1,172 | 718 | 1,217 | 588 | 257 | 151 | 144 |
| Total current assets | 3,854 | 3,183 | 3,341 | 2,558 | 1,822 | 1,399 | 1,450 |
| Total current liabilities | 2,673 | 2,424 | 2,157 | 1,715 | 1,195 | 841 | 795 |
| Net working capital | 1,181 | 759 | 1,185 | 842 | 627 | 558 | 655 |
| Total assets | 5,981 | 5,019 | 4,904 | 4,019 | 3,138 | 2,446 | 2,370 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 369 | 345 | 123 | 164 | 16.12 | 44.39 | 47.30 |
| Net cash from operating activities | 2,103 | 1,219 | 1,112 | 691 | 652 | 977 | 510 |
| Net cash from investing activities | (1,387) | (380) | (916) | (876) | (530) | (647) | (435) |
| Net cash from financing activities | (440) | (815) | 26.55 | 143 | 26.03 | (359) | (77.83) |
| Net change in cash | 275 | 23.64 | 222 | (41.04) | 148 | (28.27) | (2.91) |
| Closing cash | 886 | 575 | 348 | 352 | 376 | 358 | 45.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.5% | +13.7% | +16.3% | +23.8% | +53.7% | +10.1% | - |
| EBITDA growth | +50.3% | +0.6% | +16.7% | +8.1% | +39.3% | +42.2% | - |
| PBT growth | +62.2% | -1.8% | +13.3% | +3.7% | +52.5% | +84.2% | +30.6% |
| Net income growth | +65.3% | +0.3% | +13.4% | +3.8% | +71.9% | +52.1% | - |
| Revenue CAGR (3Y) | +14.8% | +17.8% | +30.3% | +27.9% | +22.2% | +16.8% | +25.3% |
| EBITDA CAGR (3Y) | +20.8% | +8.3% | +20.7% | +28.9% | +34.0% | +22.3% | +12.8% |
| Profitability & leverage | |||||||
| Net income margin | +4.9% | +3.5% | +3.9% | +4.0% | +4.7% | +4.8% | +3.3% |
| Return on capital employed | +30.6% | +22.0% | +24.5% | +26.0% | +32.2% | +26.7% | +19.4% |
| Return on net worth | +25.3% | +19.4% | +22.2% | +23.5% | +29.8% | +26.7% | +22.1% |
| Debt / equity | 0.12 | 0.23 | 0.31 | 0.27 | 0.26 | 0.44 | 0.73 |
| Long-term debt / equity | 0.08 | 0.16 | 0.18 | 0.14 | 0.13 | 0.19 | 0.25 |
| Interest cover | 7.98 | 13.36 | 11.16 | 7.60 | 5.32 | 11.48 | 28.12 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.05 | 5.00 | 5.28 | 5.96 | 6.00 | 4.21 | 4.91 |
| Inventory turnover | 15.95 | 13.11 | 12.06 | 13.89 | 16.26 | 11.01 | 9.85 |
| Debtors turnover | 79.20 | 105.20 | 135.99 | 67.48 | 55.32 | 28.01 | 15.15 |
| EPS (₹) | 43.32 | 27.28 | 26.39 | 23.14 | 24.73 | 28.84 | 95.69 |
| Dividend per share (₹) | 8.50 | 5.75 | 5.50 | 5.00 | 3.50 | 0.00 | 0.00 |
| Book value per share (₹) | 190.73 | 151.64 | 129.87 | 108.37 | 98.23 | 135.68 | 545.30 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,656 | 3,802 | 4,216 | 4,010 | 3,511 | 3,373 | 3,757 | 3,781 |
| Revenue growth (YoY) | +32.6% | +12.7% | +12.2% | +6.1% | +5.7% | -3.7% | - | - |
| Other income | 39.78 | 49.50 | 29.90 | 17.40 | 16.74 | 17.19 | 34.65 | 19.90 |
| Total expenses | 4,270 | 3,585 | 3,913 | 3,802 | 3,329 | 3,179 | 3,555 | 3,635 |
| EBITDA | 386 | 217 | 303 | 208 | 183 | 194 | 202 | 146 |
| EBITDA margin | +8.5% | +5.9% | +7.4% | +5.3% | +5.3% | +5.9% | +5.5% | +4.0% |
| Depreciation | 30.16 | 29.31 | 31.67 | 31.12 | 31.01 | 27.12 | 30.42 | 24.72 |
| Interest | 41.31 | 38.18 | 30.54 | 29.33 | 25.83 | 27.29 | 26.80 | 31.37 |
| Profit before tax | 354 | 199 | 271 | 165 | 142 | 156 | 179 | 110 |
| Tax | 89.25 | 51.76 | 65.61 | 45.34 | 36.19 | 40.39 | 28.52 | 23.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 15,110 | 14,361 | 13,859 | 14,279 | 11,590 | 6,008 | 5,931 |
| Revenue growth | +5.2% | +3.6% | -2.9% | +23.2% | +92.9% | +1.3% | - |
| Other income | 81.22 | 79.54 | 56.67 | 41.91 | 35.63 | 44.11 | 27.23 |
| Total expenses | 14,223 | 13,820 | 13,153 | 13,482 | 10,826 | 5,724 | 5,693 |
| Employee cost | 189 | 181 | 160 | 154 | 128 | 82.06 | 100 |
| EBITDA | 887 | 541 | 706 | 797 | 764 | 284 | 238 |
| EBITDA margin | +5.9% | +3.8% | +5.1% | +5.6% | +6.6% | +4.7% | +4.0% |
| Depreciation | 121 | 102 | 100 | 102 | 93.79 | 68.18 | 68.91 |
| Interest | 113 | 94.57 | 50.49 | 47.51 | 43.43 | 54.89 | 82.14 |
| Profit before tax | 735 | 425 | 612 | 689 | 662 | 205 | 114 |
| Tax | 188 | 88.95 | 158 | 177 | 168 | 51.23 | (1.22) |
| Net profit | 547 | 308 | 450 | 512 | 495 | 154 | 114 |
| Net profit margin | +3.6% | +2.2% | +3.2% | +3.6% | +4.3% | +2.6% | +1.9% |
| EPS (₹) | 19.70 | 12.09 | 16.35 | 18.46 | 19.75 | 12.31 | 46.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 55.54 | 55.51 | 55.51 | 55.47 | 50.06 | 24.98 | 24.87 |
| Reserves & surplus | 3,426 | 3,031 | 2,834 | 2,515 | 2,093 | 1,424 | 1,250 |
| Shareholders' funds (net worth) | 3,481 | 3,087 | 2,889 | 2,571 | 2,143 | 1,449 | 1,275 |
| Secured loans | 23.95 | 11.03 | 104 | 381 | 338 | 388 | 564 |
| Unsecured loans | 616 | 658 | 26.21 | 17.23 | 0.65 | 100 | 0.60 |
| Total debt | 640 | 669 | 130 | 399 | 339 | 488 | 564 |
| Total liabilities | 4,226 | 3,864 | 3,112 | 3,065 | 2,566 | 1,998 | 1,898 |
| Assets | |||||||
| Gross block | 2,487 | 2,238 | 1,978 | 1,992 | 1,919 | 1,147 | 1,156 |
| Net block | 1,751 | 1,603 | 1,438 | 1,519 | 1,536 | 892 | 957 |
| Capital work in progress | 78.90 | 169 | 117 | 36.23 | 52.37 | 52.89 | 6.24 |
| Investments | 1,585 | 1,577 | 1,345 | 961 | 539 | 526 | 396 |
| Inventories | 861 | 978 | 994 | 1,058 | 778 | 550 | 590 |
| Sundry debtors | 112 | 89.74 | 24.11 | 104 | 373 | 87.18 | 307 |
| Cash & bank balances | 727 | 413 | 73.17 | 256 | 288 | 344 | 39.92 |
| Loans & advances | 653 | 380 | 379 | 131 | 131 | 186 | 128 |
| Total current assets | 2,353 | 1,860 | 1,470 | 1,548 | 1,570 | 1,168 | 1,065 |
| Total current liabilities | 1,701 | 1,475 | 1,373 | 1,336 | 1,088 | 746 | 604 |
| Net working capital | 653 | 386 | 97.88 | 212 | 482 | 422 | 460 |
| Total assets | 4,226 | 3,864 | 3,112 | 3,065 | 2,566 | 1,998 | 1,898 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 313 | 71.65 | 116 | 108 | 14.27 | 38.85 | 24.28 |
| Net cash from operating activities | 1,200 | 413 | 740 | 916 | 614 | 618 | 305 |
| Net cash from investing activities | (670) | (471) | (334) | (837) | (171) | (545) | (164) |
| Net cash from financing activities | (296) | 300 | (450) | (71.14) | (349) | (108) | (127) |
| Net change in cash | 234 | 241 | (44.12) | 7.83 | 93.67 | (35.66) | 14.57 |
| Closing cash | 727 | 413 | 73.17 | 256 | 288 | 344 | 39.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.2% | +3.6% | -2.9% | +23.2% | +92.9% | +1.3% | - |
| EBITDA growth | +64.0% | -23.3% | -11.5% | +4.4% | +169.1% | +19.5% | - |
| PBT growth | +73.1% | -30.6% | -11.3% | +4.0% | +223.1% | +80.2% | -35.1% |
| Net income growth | +77.7% | -31.5% | -12.2% | +3.5% | +221.7% | +34.8% | - |
| Revenue CAGR (3Y) | +1.9% | +7.4% | +32.1% | +34.0% | +25.5% | +11.5% | +24.1% |
| EBITDA CAGR (3Y) | +3.6% | -10.9% | +35.5% | +49.7% | +38.5% | +6.5% | +2.4% |
| Profitability & leverage | |||||||
| Net income margin | +3.6% | +2.3% | +3.3% | +3.6% | +4.3% | +2.6% | +1.9% |
| Return on capital employed | +21.0% | +14.9% | +21.4% | +26.2% | +30.9% | +13.3% | +10.6% |
| Return on net worth | +16.7% | +11.2% | +16.6% | +21.7% | +27.5% | +11.3% | +10.1% |
| Debt / equity | 0.20 | 0.13 | 0.10 | 0.16 | 0.23 | 0.39 | 0.57 |
| Long-term debt / equity | 0.20 | 0.12 | 0.02 | 0.04 | 0.09 | 0.17 | 0.17 |
| Interest cover | 14.74 | 21.51 | 8.34 | 6.84 | 6.48 | 25.44 | 48.69 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.40 | 6.81 | 6.98 | 7.30 | 7.56 | 5.22 | 5.67 |
| Inventory turnover | 16.44 | 14.57 | 13.51 | 15.56 | 17.45 | 10.53 | 9.34 |
| Debtors turnover | 149.71 | 252.27 | 215.87 | 59.81 | 50.34 | 30.49 | 16.28 |
| EPS (₹) | 19.70 | 12.09 | 16.35 | 18.46 | 19.75 | 12.31 | 46.24 |
| Dividend per share (₹) | 8.50 | 5.75 | 5.50 | 5.00 | 3.50 | 0.00 | 0.00 |
| Book value per share (₹) | 125.37 | 111.22 | 104.10 | 92.70 | 85.64 | 116.00 | 512.76 |
To see the full year-wise statements and ratios of Apl Apollo Tubes Limited, buy the company report.
Board of directors of Apl Apollo Tubes Limited
Apl Apollo Tubes has 12 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Gupta Also directs: Sanu Steels Private Limited, SG Green Buildings Private Limited, Paints and Coatings Skill Council and 1 more | Director | 19 Oct 2011 | 15 Years 0 Months | Current |
| Sanjay Gupta Also directs: Apollo Metalex Limited, Apl Apollo Building Products Limited, S Gupta Holding Private Limited and 2 more | Managing Director | 02 Sep 2003 | 23 Years 2 Months | Current |
| Deepak Kumar Also directs: Apollo Metalex Limited, Apl Apollo Building Products Limited, Agdg Enterprises LLP and 2 more | Whole-Time Director | 12 May 2023 | 3 Years 5 Months | Current |
| Vinay Gupta | Director | 16 May 2008 | 18 Years 5 Months | Current |
| Rahul Gupta Also directs: Apl Apollo Building Products Limited, SG Green Buildings Private Limited, SG Alternative Investment Fund Limited and 5 more | Director | 06 Aug 2021 | 5 Years 3 Months | Current |
| Chakram Kumar Singh Also directs: Apollo Metalex Limited, SG Mart Limited | Whole-Time Director | 24 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Apl Apollo Tubes Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (manufacture of basic metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Stainless Limited | ₹39,603 Cr (FY 2025) | 2.0% | Hisar, Haryana, India | |||
| JSW Steel Coated Products Limited | ₹34,517 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Apl Apollo Tubes Limitedthis company | ₹24,472 Cr (FY 2026) | ₹1,207.6 Cr | 4.9% | 14.5% | 1,325 | Delhi, India |
| Welspun Corp Limited | ₹14,167 Cr (FY 2025) | -19.0% | Anjar, Gujarat, India |
To see the full peer comparison of Apl Apollo Tubes Limited, buy the company report.
Auditor
Apl Apollo Tubes Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2025 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 28.20%, foreign institutional investors hold 35.10%, domestic institutional investors hold 18.60% and retail and other public shareholders hold 18.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 28.20% | 28.20% | 28.30% | 28.30% |
| Public | 71.80% | 71.80% | 71.70% | 71.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2026 | 101264073 | Yes Bank Limited | ₹140 Cr | Open | |
| 19 Jan 2024 | 100863652 | Others | ₹100 Cr | Open | |
| 15 Mar 2023 | 100692235 | Others | ₹1,520 Cr | Open | |
| 30 Mar 2016 | 100028396 | Sbicap Trustee Company Limited | ₹2,330 Cr | Open | |
| 25 May 2023 | 100732057 | Others | ₹116 Cr | Satisfied |
To see the full charge records of Apl Apollo Tubes Limited, buy the company report.
Total charge records: 70 View all charges
Deals & funding
Apl Apollo Tubes Limited has 58 deals on record (47 market trades, 9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹313.92 Cr; the latest was in July 2025.
Deals on record (5 of 58)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Market trade | ₹485.64 Cr | Buyer: SG Tech Engineering Private Limited Seller: S Gupta Holding Private Limited |
| May 2023 | Market trade | ₹163.89 Cr | Buyer: SG Tech Engineering Private Limited |
| Nov 2021 | Market trade | ₹405.32 Cr | Buyer: Dsp Mutual Fund Seller: S Gupta Holding Private Limited , an individual |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: Smallcap World Fund Seller: S Gupta Holding Private Limited |
| Feb 2021 | Market trade | ₹289.55 Cr | Buyer: Smallcap World Fund Inc Seller: S Gupta Holding Private Limited |
To see the full deal history of Apl Apollo Tubes Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Apl Apollo Tubes Limited has 152 court cases on record: 104 filed by Apl Apollo Tubes, 48 filed against it. 25 cases are pending and 127 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 17 | 8 |
| District courts | 65 | 29 | 15 |
| Supreme Court | 5 | 1 | 1 |
| NCLAT | 3 | 1 | 1 |
Cases on record (5 of 152)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Novalark Infra Pvt Ltd | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S Nagpur Glass Industries Pvt. Ltd. Through Its Director Shri Rakesh Banwarilal Purohit | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Supreme Colour Roofing and Decking Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Prateek Realtors India Private Limited and 2 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against H Square Industries LLP and 2 others | Disposed |
To see the full case history of Apl Apollo Tubes Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Apl Apollo Tubes Limited was last rated by Icra on 18 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Nov 2021 |
To see the full credit ratings and regulatory alerts of Apl Apollo Tubes Limited, buy the company report.
MSME payment delays
Apl Apollo Tubes Limited has 20 MSME Form 1 returns on record between 2020 and 2024, listing 1,011 overdue payments to 170 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 170)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Phoenix Aerospace Technologies |
To see the full MSME payment records of Apl Apollo Tubes Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Apl Apollo Tubes has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Apollo Metalex Private Limited | U27104DL2006PTC146579 | |
| Apl Apollo Building Products Private Limited | U27200DL2019PTC358966 | |
| Apl Apollo Mart Limited | U52590DL2021PLC390908 | |
| Blue Ocean Projects Private Limited | U70109DL2011PTC224580 |
To see the full group structure of Apl Apollo Tubes Limited, buy the company report.
Employees & EPFO
Apl Apollo Tubes Limited has a workforce of 1,325 employees on its EPFO records as of May 2026, across 9 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,325 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Apl Apollo Tubes Limited, buy the company report.
GST
Apl Apollo Tubes has 28 GST registrations: 23 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACB0960D1Z8 | Delhi | Active | 01 Jul 2017 |
| 02AAACB0960D1ZI | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACB0960D1ZG | Punjab | Active | 01 Jul 2017 |
| 05AAACB0960D1ZC | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apl Apollo Tubes Limited, buy the company report.
Recent activity
Apl Apollo Tubes Limited has 48 board changes on record since 1986: 30 appointments and 18 cessations. The latest: Neeru Abrol ceased to be Director on 15 Sep 2025.
207 earlier events are in the company report.
News
Frequently asked questions
Apl Apollo Tubes is an active public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 February 1986 (40+ years old) and is registered under CIN L74899DL1986PLC023443. Listed on BSE: 533758 and NSE: APLAPOLLO.
Apl Apollo Tubes reported revenue of ₹24,472 Cr for FY 2025-26 (up 14.5% YoY) based on consolidated financials.
Apl Apollo Tubes has 12 current directors:
- Sanjay Gupta - Managing Director
- Deepak Kumar - Whole-Time Director
- Chakram Kumar Singh - Whole-Time Director
- Ashok Kumar Gupta - Director
- Vinay Gupta - Director
- Rahul Gupta - Director
- Dukhabandhu Rath - Director
- Rakesh Sharma - Director
- Rajeev Anand - Director
- Dinesh Kumar Mittal - Director
- Hosdurg Sundar Kamath Upendra Kamath - Director
- Asha Anil Agarwal - Director
The latest financial statements of Apl Apollo Tubes on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Apl Apollo Tubes is 07AAACB0960D1Z8, registered in Delhi. The company has 28 GST registrations in all, of which 23 are active and 5 are cancelled or inactive. Other active GSTINs include 02AAACB0960D1ZI (Himachal Pradesh), 03AAACB0960D1ZG (Punjab), 05AAACB0960D1ZC (Uttarakhand).
The CIN (Corporate Identification Number) of Apl Apollo Tubes is L74899DL1986PLC023443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Apl Apollo Tubes is a listed company as per MCA records. Its shares are listed on both BSE (code: 533758) and NSE (symbol: APLAPOLLO).
Apl Apollo Tubes has 152 court cases on record: 104 filed by the company and 48 filed against it. 25 are pending. Most are in the high courts.
Apl Apollo Tubes was incorporated on 24 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Apl Apollo Tubes has 58 deals on record (47 market trades, 9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹313.92 Cr; the latest was in July 2025.
The peers of Apl Apollo Tubes by revenue are Jindal Stainless Limited, JSW Steel Coated Products Limited, Welspun Corp Limited, all in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (manufacture of basic metals).
Neeru Abrol ceased to be Director on 15 Sep 2025. Chakram Kumar Singh was appointed as Whole-Time Director on 24 Jul 2025. Dukhabandhu Rath was appointed as Director on 24 Jul 2025. Apl Apollo Tubes has 48 board changes on record in total.

