profit from every ₹100 of sales.
₹0₹100
APL Apollo Tubes
₹2,181.30-0.22% today
+25.4% since Dec 15, 25
1-year low ₹1,732.901-year high ₹2,280.80
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹50.34 for every ₹1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What APL Apollo Tubes sold, what it kept, and what it did with the cash.
Sales went from ₹157 billion in 2023 to ₹224 billion in 2026, with ₹12.0 billion of profit last year.
SalesProfit
APL Apollo Tubes handed back 11% of the cash it generated last year.
₹1.6B
Free cash flow 2026₹14.1B
Bought back its own shares–
Paid as dividends₹1.6B
Cash vs. debt₹6.4B vs. ₹5.0B
APL Apollo Tubes vs. similar companies
APL Apollo Tubes grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| APL Apollo Tubes | 50.3× · Expensive | ||
 Nucor | 32.4× · Expensive | ||
 ArcelorMittal | 15.3× · Fair price | ||
 JSW Steel | 14.7× · Cheap | ||
 Steel Dynamics | 27.3× · Fair price |
AI analysis
An AI analyst reads APL Apollo Tubes's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 156,744 | 175,070 | 199,963 | 223,836 | |
| 13,241 | 15,018 | 21,261 | 28,746 | |
| 8,852 | 10,182 | 9,977 | 15,709 | |
| 10,624 | 12,575 | 12,950 | 19,137 | |
| 6,419 | 7,324 | 7,571 | 12,031 | |
| 23.14 | 26.40 | 27.28 | – | |
| 8.4% | 8.6% | 10.6% | 12.8% | |
| 5.6% | 5.8% | 5.0% | 7.0% | |
| 4.1% | 4.2% | 3.8% | 5.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 58,516 | 71,868 | 75,962 | 88,333 |
| Cash | 1,227 | 3,452 | 3,688 | 6,442 |
| Total debt | 8,730 | 11,443 | 6,344 | 4,977 |
| Total liabilities | 28,460 | 35,822 | 33,875 | 35,368 |
| 30,056 | 36,046 | 42,087 | 52,965 | |
| 277 | 277 | 278 | – | |
| 17.9% | 17.1% | 16.9% | 21.8% | |
| 21.4% | 20.3% | 18.0% | 22.7% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 6,913 | 11,116 | 12,190 | 21,032 | |
| 8,621 | 6,948 | 7,283 | 6,963 | |
| -1,708 | 4,167 | 4,907 | 14,069 | |
| Dividends paid | 875 | 1,387 | 1,526 | 1,596 |
| – | – | – | – | |
| 3 | 1 | 144 | 58 |
Valuation
- 50.3×
- –
- –
- 9.2×
- 2.7×
- 43.0×
- 31.6×
- 2.3%
- 2.0%
- 0.3%
Profitability
- 12.8%
- 7.0%
- 5.4%
- –
- 21.8%
- 18.4%
- –
- –
- –
- –
Growth
- +12.6%
- –
- –
- –
- +0.0%
Financial health
- -0.1×
- 0.09
- –
- 13.4×
- 1.34
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 6%of 988
Bottom 37%of 946
Bottom 19%of 766
Top 26%of 923
Top 47%of 987
0.3%of the share price, paid each year
On $1,000 invested$3a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
13.3% of its profit
Room to growStretchedMore than it earns: 11.3%
News
Nvidia and Apollo in talks to repurpose Brightspeed telecom buildings for AI: reportSeeking Alpha · Nov 6, 2026UDR signals 80-100 bps 2027 same-store revenue earn-in as $2B Apollo JV closesSeeking Alpha · Nov 3, 2026Apollo launches European credit platform with €10B-plus lending capacitySeeking Alpha · Nov 2, 2026Is AI Overhyped? Apollo Economist Sees "Zero Financial Payoff" Beyond Tech CompaniesYahoo Finance · Oct 28, 2026Apollo Global near deal to buy 10% stake in Mubadala Capital - CNBCSeeking Alpha · Oct 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
58No pass
Benjamin Graham
39No pass
Philip Fisher
41No pass
Peter Lynch
65Pass
Joel Greenblatt
22No pass
Charlie Munger
53No pass
Terry Smith
54No pass
Questions about APL Apollo Tubes
Is APL Apollo Tubes a good stock to buy?
A business with weak numbers, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the APL Apollo Tubes AI analysis
What does APL Apollo Tubes do?
APL Apollo Tubes Limited manufactures and sells structural steel tubes in India. It is in Steel, based in Noida, India.
Does APL Apollo Tubes pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 13% of its yearly profit. In 2026 it paid out ₹1.60 billion in dividends.
Is APL Apollo Tubes stock halal?
Yes. APL Apollo Tubes passes our halal screen: its business is permitted and its debt is 0.8% of its market value, under the 30% limit. How we check
Who are APL Apollo Tubes's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with APL Apollo Tubes's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.