APL Apollo Tubes logo

APL Apollo Tubes share price

NSE: APLAPOLLOBSE: 533758Industrial ProductsMid Cap

Last close ₹2,033.70down ₹18.70 (0.91%)BSE ₹2,021.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,052.40.

52-week range of traded prices to 23 Oct 2026
₹1,690.00Low, 25 Nov 2025₹2,301.40High, 12 Feb 2026
Market cap
₹56,467 Cr190th largest listed
P/E
45.9
P/B
10.7
Dividend yield
0.42%
ROE
25.9%
ROCE
27.9%
Debt to equity
0.09
Volume, NSE
7,77,58051.3% delivered

Share price

Daily closes since Dec 2011, BSE closes in Dec 2011, adjusted for splits and bonuses

+16.0%over a year

Results20-session average 5,14,296 shares a day, 53.5% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 1 Aug

Revenue
₹5,607 Crdown 10.57%
Net profit
₹263 Crdown 25.75%
Net margin
4.7%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹23,079 Cr, differs from its quarters added, ₹22,460 Cr.

₹ croreSep 2024Filed 31 OctDec 2024Filed 20 JanMar 2025Filed 10 JunJun 2025Filed 24 JulSep 2025Filed 30 OctDec 2025Filed 22 JanMar 2026Filed 2 MayJun 2026Filed 1 Aug
Revenue4,7745,4335,5095,1705,2065,8156,2695,607
Net profit54217293237302310354263
Net margin1.1%4.0%5.3%4.6%5.8%5.3%5.7%4.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹23,079 Cr, differs from its quarters added, ₹22,460 Cr.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of ERW steel tube and pipes, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 57% of 2,356 trading days over the last 10 years.

LowestHighest
Its median42.1Industry median17.3
Price to book

At or below today's level on 45% of 1,855 trading days since Nov 2018.

LowestHighest
Its median10.9Industry median1.5
EV to EBITDA30.4

At or below today's level on 56% of 1,855 trading days since Nov 2018.

LowestHighest
Its median28.6Industry median12.6
Dividend yield

At or below today's level on 61% of 2,447 trading days over the last 10 years.

LowestHighest
Its median0.34%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+27.4%+58.9%−20.1%0.4%
3 years+17.5%+23.2%−5.0%0.4%
5 years+23.0%+24.6%−1.6%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters28.18%
  • Foreign institutions34.14%
  • Indian institutions20.82%
  • Individuals and others16.86%
Holder
S GUPTA HOLDING PRIVATE LIMITEDPromoter26.60%
KITARA PIIN 1001Foreign companies6.34%
NEW WORLD FUND INCForeign portfolio investors, category I4.85%
SMALLCAP WORLD FUND INCForeign portfolio investors, category I4.24%
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I2.40%
VEERA GUPTAPromoter1.57%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

205 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 116 of the 136 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
3
Bought again
1
Added
67
Cut
69
Held unchanged
62
Sold out
8
Fund
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund33,77,9922.34%₹739.8 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund29,00,0001.27%₹635.1 Cr
Invesco Mutual Fund logoInvesco India Arbitrage FundInvesco Mutual Fund24,61,2001.77%₹539.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Arbitrage FundICICI Prudential Mutual Fund22,21,1001.37%₹486.4 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund20,87,4000.61%₹457.2 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund20,80,5132.34%₹455.7 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund19,51,0281.53%₹427.3 Cr
Franklin Templeton Mutual Fund logoFranklin India Opportunities FundFranklin Templeton Mutual Fund16,62,7353.80%₹364.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Mid Cap FundICICI Prudential Mutual Fund14,37,4253.95%₹314.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund13,46,4511.58%₹294.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to APL Apollo Tubes in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Welspun Corp logoWelspun CorpWELCORP63,01227.36.925.9+20.2%+14.9%27.8%17.4%0.21%
Shyam Metalics and Energy logoShyam Metalics and EnergySHYAMMETL31,578–2.712.9+22.8%––11.8%0.40%
Ratnamani Metals & Tubes logoRatnamani Metals & TubesRATNAMANI16,21137.43.922.5−16.3%−24.1%11.2%13.2%0.43%
Jindal Saw logoJindal SawJINDALSAW14,84627.11.210.6−0.7%−60.1%4.4%6.7%0.86%
Usha Martin logoUsha MartinUSHAMART14,02027.74.217.8+8.5%+25.4%16.8%18.8%0.82%
Gallantt Ispat logoGallantt IspatGALLANTT13,07432.13.721.0+5.5%−17.3%12.4%12.3%0.37%
Godawari Power and Ispat logoGodawari Power and IspatGPIL12,94916.12.29.7+8.4%+8.9%15.1%17.2%0.52%
Jayaswal Neco Industries logoJayaswal Neco IndustriesJAYNECOIND8,61212.52.66.3+18.3%+82.8%23.4%25.3%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹8.50 a share, year to Mar 2026.
Ex-dateTypePer share
8 Sep 2026Final₹8.50
22 Aug 2025Final₹5.75
19 Sep 2024Final₹5.50
1 Sep 2023Final₹5.00
2 Sep 2022Final₹3.50
19 Sep 2019Final₹14.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

APL Apollo Tubes share price by year

Each calendar year to 2025.APL Apollo Tubes share price history

YearClose at year endChangeHighest closeLowest close
20251,914.00+22.0%1,920.901,303.05
20241,568.25+2.0%1,717.951,333.60
20231,536.80+40.7%1,795.301,088.40
20221,092.00+9.2%1,185.50777.40
2021999.80+126.5%1,082.85429.90
2020441.50+135.1%441.50107.15
2019187.77+61.2%187.77106.73
2018116.52−41.3%252.88110.23
2017198.38+116.7%200.6991.97
201691.53+22.1%100.1256.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20262,048.602,060.201,994.102,033.702,024.517,77,58051.3%
22 Oct 20262,050.002,072.202,029.602,052.402,042.296,48,90360.8%
21 Oct 20262,140.302,147.802,052.602,066.802,080.025,62,17643.6%
19 Oct 20262,139.702,155.802,121.002,144.602,134.343,81,84860.2%
16 Oct 20262,147.902,164.002,121.002,152.702,147.992,36,37549.7%
15 Oct 20262,161.502,169.902,134.102,139.002,150.171,56,87952.5%
14 Oct 20262,175.002,175.002,122.902,160.002,155.446,96,55848.5%
13 Oct 20262,156.002,188.702,130.502,185.002,159.033,05,08551.2%
12 Oct 20262,112.002,170.002,109.402,157.402,151.712,86,34451.3%
9 Oct 20262,052.202,120.602,026.202,114.102,088.083,97,18948.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
16 Sep 2021Bonus0.5000Holders received 1 bonus share for every 1 held.
15 Dec 2020Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About APL Apollo Tubes

APL Apollo Tubes Limited manufactures structural steel tubes for the construction and engineering industries. Its products are used in urban infrastructure, real estate, rural housing, commercial construction, greenhouse structures and engineering applications. The company is headquartered in Delhi NCR, and its corporate office is in Noida, Uttar Pradesh. It was incorporated in 1986. Sanjay Gupta is its Chairman and Managing Director.

The company offers over 5,000 product varieties, grouped into several lines, and it supplies a wide spectrum of products for building and industrial uses. Structural solutions are circular, square and rectangular hollow sections and GP pipes. Value-added products include Apollo Structural Tubes, Apollo Z+, Apollo Galv and Apollo Build. Building solutions include door frames sold as Apollo Chaukhat, Apollo Plank, fencing and handrails. Industrial and pre-engineered building solutions cover heavy structural tubes and large diameter pipes. The company also makes galvanised iron products and coated tubes. Alongside its APL Apollo flagship brand, it sells under the SG brand, which is aimed at the value segment of the market.

The company operates 11 manufacturing facilities with a total capacity of 5 million tonnes a year. They are in Hyderabad, Sikandarabad in Uttar Pradesh (three plants), Bangalore, Hosur in Tamil Nadu, Raipur in Chhattisgarh (two plants), Malur in Karnataka, Murbad in Maharashtra and Umm Al Quwain in the United Arab Emirates. The company has a pan-India presence, and its products reach customers in more than 36 countries.

Legal name
APL Apollo Tubes Limited
NSE symbol
APLAPOLLO
BSE code
533758
ISIN
INE702C01027
Industry
Industrial Products
Listed
Dec 2011
Face value
₹2
CIN
L74899DL1986PLC023443
Corporate identity number, the registrar of companies' code for it