# APLAPOLLO (APLAPOLLO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/aplapollo

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,270.1
- Change: +5.66%
- As of: 2026-09-18
- 1D return: +5.66%
- 5D return: +3.43%
- 1M return: +6.08%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, APLAPOLLO's technical stance is primarily bullish across multiple timeframes, with the current price of ₹2270.1 trading above key moving averages and the Supertrend indicator on daily, weekly, and monthly charts. This alignment suggests a strong upward trend.

Daily indicators show a robust uptrend with the price well above the 20-day and 50-day Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs), and the 14-day Average Directional Index (ADX) at 34.79 indicating strong trend presence. Weekly and monthly timeframes also exhibit bullish Supertrend signals and price above respective moving averages, reinforcing the positive outlook. The stock is positioned near the upper end of its recent trading range, with its position in the 20-day, 50-day, and 252-day ranges at 0.95, 0.98, and 0.95 respectively.

Recent market activity includes a few notable events in the last 30 days, with one positive attention event and two neutral events. The stock has shown significant positive returns over various periods, including a 34% return over the last year. Volatility remains a factor, with annualized volatility at 0.29 and an Average True Range (ATR) of 2.8%. The maximum drawdown observed is -0.23, with current drawdown at 0.0%.

- The stock is trading above its daily, weekly, and monthly Supertrend indicators, indicating a bullish trend.
- Nearest resistance is observed at ₹2285.45.
- Nearest support levels are identified at ₹2235.67 and ₹2202.83.
- The stock is trading at the upper end of its recent trading range, with its position in the 252-day range at 0.95.
- Watch for a sustained break above ₹2285.45 to confirm upward momentum, while a move below ₹2235.67 could signal a shift in trend.

- Hammer
- Outside Bar
- Morning Star
- Doji
- Evening Star
- Inside Bar

### What Changed

As of September 18, 2026, APL Apollo Tubes (APLAPOLLO) on the NSE has seen a recent price increase. The stock traded at ₹2,270.1 on September 18, 2026, up from its previous price of ₹2,148.5. Separately, a news report dated September 18, 2026, indicated that Crisil Ratings upgraded the ratings of SG Mart, a different company, to 'AA-/A1+' with a 'stable' outlook. This upgrade was from 'Crisil A/Crisil A1' and removed the ratings from 'rating watch with positive implications'. There were no other new filings or news directly impacting APL Apollo Tubes in the provided evidence.

- On September 18, 2026, APL Apollo Tubes' stock price was ₹2,270.1, an increase from the previous price of ₹2,148.5.
- A news report on September 18, 2026, stated that SG Mart's ratings were upgraded by Crisil Ratings to 'AA-/A1+' with a 'stable' outlook.

- Crisil Ratings upgrades ratings of SG Mart to 'AA-/A1+' with 'stable' outlook

### Official Filings

APL Apollo Tubes Limited held its 41st Annual General Meeting (AGM) on September 15, 2026. Shareholders approved the adoption of financial statements for the year ended March 31, 2026, and a final dividend of ₹8.50 per share. Directors Ashok Kumar Gupta, Rahul Gupta, Asha Anil Agarwal, Hosdurg Sundar Kamath Upendra Kamath, Rajeev Anand, and Dinesh Kumar Mittal were re-appointed. The remuneration of cost auditors was also ratified. However, a resolution to extend the Stock Appreciation Rights Scheme, 2019 to employees of associate companies was not approved, with 72.26% voting against it. Earlier, on September 10, 2026, the company invested ₹1,00,000 in a newly incorporated entity, SG Enterprise Solutions Private Limited, to establish a Group Shared Services Company, holding a 0.2% stake. In tax-related news, on August 21, 2026, the Deputy Commissioner (Appeals), Hosur, revised Goods and Services Tax (GST) demands for FY 2019-20. One order reduced a demand from ₹3,14,81,140 to ₹1,01,866, with the company stating this has no material impact. Another order confirmed a final demand of ₹15,41,590, down from ₹1,01,11,740, which also had no material impact on financials or operations.

- On September 15, 2026, APL Apollo Tubes Limited's AGM approved the FY2026 financial statements and a final dividend of ₹8.50 per share.
- Shareholders rejected a proposal to extend the Stock Appreciation Rights Scheme, 2019 to associate company employees.
- On September 10, 2026, the company invested ₹1,00,000 in SG Enterprise Solutions Private Limited, a new Group Shared Services Company.
- On August 21, 2026, GST demands for FY 2019-20 were significantly reduced by appellate authorities, with the company stating no material financial impact.
- The company reported consolidated revenue of ₹8,160.26 crores and net profit after tax of ₹573.01 crores for the year ended March 31, 2026.

- APL Apollo Tubes Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 15, 2026. |SUBJECT: Shareholders meeting
- APL Apollo Tubes Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 15, 2026 |SUBJECT: Shareholders meeting
- APL Apollo Tubes Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- APL APOLLO TUBES LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL
- APL Apollo Tubes Limited has informed the Exchange regarding Newspaper Advertisement of completion of despatch of the Notice of 41st Annual General Meeting. |SUBJECT: Copy of Newspaper Publication
- APL Apollo Tubes Limited has received order of revised demand from Deputy Commissioner (Appeals), Hosur under Section 73 of the TNGST Act. 2017 for FY 2019-20. |SUBJECT: General Updates
- APL Apollo Tubes Limited has received various order of revised demand from Deputy Commissioner (Appeals), Hosur under Section 74 of the CGST Act, 2017. |SUBJECT: General Updates
- APL Apollo Tubes Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 15, 2026 |SUBJECT: Shareholders meeting
- APL Apollo Tubes Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 15-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- AS ON DATE : 21-AUG-26

### Fundamentals

APL Apollo Tubes reported revenue from operations of ₹5,606.71 crore for Q1 FY2026-27. This follows revenues of ₹5,815.13 crore in Q3 FY2025-26 and ₹6,269.16 crore in Q4 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹352.43 crore, compared to ₹404.47 crore in Q3 FY2025-26 and ₹456.61 crore in Q4 FY2025-26. Comprehensive income for the period stood at ₹273.22 crore in Q1 FY2026-27, down from ₹305.70 crore in Q3 FY2025-26 and ₹381.63 crore in Q4 FY2025-26. The company's tax expense for Q1 FY2026-27 was ₹89.32 crore.

Key monitoring areas include the sequential revenue trend, which showed a decrease from Q4 FY2025-26 to Q1 FY2026-27, and the corresponding impact on profitability and margins. Investors may wish to observe the company's ability to manage its tax expenses and their effect on net profit.

- Revenue From Operations for Q1 FY2026-27 was ₹5,606.71 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹352.43 crore.
- Comprehensive Income For The Period for Q1 FY2026-27 was ₹273.22 crore.
- Tax Expense for Q1 FY2026-27 was ₹89.32 crore.

### Bull Case

The company's stock is exhibiting strength across multiple technical timeframes, suggesting a positive market setup. Daily, weekly, and monthly trends are all indicated as bullish, with key moving averages and the Supertrend indicator supporting this view. This technical strength is further underscored by positive returns over various periods, including a 34% return over the last year and 15% year-to-date. The stock is trading above its 20, 50, and 200-day simple moving averages, and its 20-day exponential moving average shows an upward slope on a daily basis. The nearest resistance level is observed at ₹2285.45.

- The stock's technical indicators show a bullish trend across daily, weekly, and monthly timeframes as of September 18, 2026.
- The closing price of ₹2270.1 on September 18, 2026, is above the 20-day (₹2158.24), 50-day (₹2068.55), and 200-day (₹1963.8) exponential moving averages.
- The stock has delivered a return of 34% over the past year and 15% year-to-date.
- The nearest identified resistance level is ₹2285.45.

- Crisil Ratings upgrades ratings of SG Mart to 'AA-/A1+' with 'stable' outlook

### Bear Case

The company's stock is trading near a resistance level, with the nearest identified resistance at ₹2285.45, which is 0.68% above the current price of ₹2270.1. While technical indicators show a bullish trend across daily, weekly, and monthly timeframes, the proximity to this resistance level may present a short-term constraint. The stock has experienced a maximum drawdown of -23% historically, and its annualized volatility stands at 29%.

- The stock price of ₹2270.1 on 2026-09-18 is 0.68% away from the nearest resistance level of ₹2285.45.
- The annualized volatility of the stock is 29%.
- The maximum historical drawdown observed for the stock is -23%.

- Crisil Ratings upgrades ratings of SG Mart to 'AA-/A1+' with 'stable' outlook

### FAQs

**What was decided at APL Apollo Tubes Limited's 41st Annual General Meeting (AGM) on September 15, 2026?**

At the 41st AGM held on September 15, 2026, shareholders approved key resolutions including the adoption of financial statements for the year ended March 31, 2026, and the declaration of a final dividend of ₹8.50 per share. Directors were re-appointed, and the remuneration of cost auditors was ratified. However, a proposal to extend the Stock Appreciation Rights Scheme, 2019 to employees of associate companies was not approved, with 72.26% voting against it.

**Has APL Apollo Tubes Limited made any recent investments or acquisitions?**

Yes, on September 10, 2026, APL Apollo Tubes Limited invested ₹1,00,000 to acquire a 0.2% stake in the newly incorporated SG Enterprise Solutions Private Limited. This entity is intended to function as a Group Shared Services Company, providing centralized corporate support to other group entities.

**What is the current technical trend and recent price performance of APL Apollo Tubes?**

As of September 18, 2026, APL Apollo Tubes is exhibiting a bullish trend across daily, weekly, and monthly timeframes, according to its SuperTrend indicator. The stock's closing price was ₹2270.1. Over the past year, the stock has returned 34%, and year-to-date, it has returned 15%.

- Crisil Ratings upgrades ratings of SG Mart to 'AA-/A1+' with 'stable' outlook
- APL Apollo Tubes Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 15, 2026. |SUBJECT: Shareholders meeting
- APL Apollo Tubes Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 15, 2026 |SUBJECT: Shareholders meeting
- APL Apollo Tubes Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- APL APOLLO TUBES LIMITED has informed the Exchange regarding Acquisition of to be incorporated companies |SUBJECT: Acquisition of 'to be incorporated companies'-XBRL
- APL Apollo Tubes Limited has informed the Exchange regarding Newspaper Advertisement of completion of despatch of the Notice of 41st Annual General Meeting. |SUBJECT: Copy of Newspaper Publication
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹2,142.83
- Risk regime: Price Risk Requires Attention

### Support levels
- 2171.5
- 2128.1
- 1884.25

### Resistance levels
- 2285.45

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +5.66% |
| return_10 | +5.13% |
| return_1m | +7.33% |
| return_1y | +33.78% |
| return_20 | +6.08% |
| return_3m | +21.99% |
| return_5 | +3.43% |
| return_6m | +12.75% |
| return_since_start | +43.18% |
| return_ytd | +15.23% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -22.73% |
| annualized_volatility | +28.90% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sequential Pullback in Revenue and Profit, but Year-on-Year Growth Continues

APL Apollo Tubes reported revenue from operations of ₹5,606.71 crore for the quarter ended 30 June 2026, a 10.6% decline from the previous quarter’s record level but 8.5% higher than the same quarter a year earlier. Profit before tax fell 22.8% sequentially to ₹352.43 crore, yet remained 13.7% above the prior‑year period. Margins narrowed compared with the preceding quarter while staying above the year‑ago level, and a higher effective tax rate amplified the sequential decline in net profit.

## Revenue and Profit

Revenue from operations decreased by ₹662.45 crore (10.6%) from ₹6,269.16 crore in the March 2026 quarter (Q4 FY2026). The decline was sharper in profit before tax, which dropped by ₹104.18 crore (22.8%) from ₹456.61 crore. Compared with the June 2025 quarter, revenue grew ₹436.94 crore (8.5%) and profit before tax rose ₹42.48 crore (13.7%), indicating that the business held a higher absolute level than a year ago despite the sequential pullback.

## Profitability and Margins

The profit before tax margin narrowed from 7.28% in the previous quarter to 6.29% in the June 2026 quarter. Net profit margin declined from 5.65% to 4.69% over the same period. Total expenses (₹5,293.80 crore) fell 9.5% quarter‑on‑quarter, a smaller drop than the revenue decline, which contributed to the margin contraction. On a year‑on‑year basis, both margins improved from 5.99% (PBT) and 4.59% (net profit) recorded in the June 2025 quarter.

## Tax and Net Profit

The effective tax rate increased to 25.34% (₹89.32 crore on a profit before tax of ₹352.43 crore) from 22.40% in the March 2026 quarter and 23.48% in the June 2025 quarter. As a result, net profit fell by 25.8% sequentially to ₹263.11 crore, a steeper decline than the 22.8% drop in profit before tax. Year‑on‑year, net profit grew 10.9%, slightly below the 13.7% growth in pre‑tax profit, reflecting the higher tax outgo.

## Comprehensive Income

Comprehensive income for the quarter was ₹273.22 crore, which was ₹10.11 crore more than net profit. The difference—other comprehensive income—was lower than the ₹27.28 crore recorded in the previous quarter and the ₹18.78 crore in the year‑ago quarter, narrowing the gap between comprehensive income and net profit.

## Management Commentary

APL Apollo's Q1FY27 sales volume of 744,823 tons fell 6% YoY, which Chairman Sanjay Gupta attributed to soft demand from geopolitical and macroeconomic headwinds. However, EBITDA per ton rose 18% YoY to Rs5,522, driven by an improved product mix and brand strength, leading to 11% YoY growth in both EBITDA (Rs4.1bn) and net profit (Rs2.6bn). Management expects demand to recover in coming quarters, supported by higher government infrastructure spending, and anticipates a significantly stronger second half of FY27.

Strategically, the company is executing a capacity expansion plan to reach 8 Mn Ton by FY28 from the current 5 Mn Ton, with 2 Mn Ton from new greenfield/brownfield plants in eastern, southern, and western India and 1 Mn Ton from debottlenecking. Management highlighted the structural steel tube market in India is expected to grow from 10 Mn Ton in FY26 to 18.3 Mn Ton by FY31E, with HR coil-based tubes gaining share. Additionally, the board approved the rationalization of Apollo Metalex's A-25 unit, consolidating production to other group facilities to improve efficiency and redeploy capital.

## Key Takeaway

The June 2026 quarter saw a sequential decline in revenue and profit after a very strong March 2026 quarter, with margins contracting and a higher effective tax rate further reducing net profit. Relative to the same quarter last year, both revenue and profit before tax were higher, and margins remained above the prior‑year level, though the year‑on‑year growth was partly offset by the higher tax charge.

### Ratios

## Official filings

- 2026-09-16 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_16092026123430_Voting_Result.pdf)
- 2026-09-15 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_15092026161510_SE_Outcome_of_AGM_.pdf)
- 2026-09-10 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_10092026184301_Incorporation_of_Associate_Company__1_.pdf)
- 2026-09-10 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_5412_WebXMLFile_20260910_184801322.xml)
- 2026-08-23 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_23082026175701_Postdespatch_intimation.pdf)
- 2026-08-22 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_22082026154447_SE_Intimation.pdf)
- 2026-08-22 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_22082026155952_SE_Intimation_1.pdf)
- 2026-08-21 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_21082026163714_AGM_Notice_Intimation.pdf)
- 2026-08-21 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_5412_WebXMLFile_20260821_183440235.xml)
- 2026-08-20 — Annual Report: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30495_APLAPOLLO_2025_2026_A_19011967_21082026171056.pdf)
- 2026-08-19 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_19082026115010_Record_date_intimation.pdf)
- 2026-08-19 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_19082026114427_Record_date_intimation.pdf)
- 2026-08-19 — Generic Announcement: APL Apollo Tubes Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_19082026123002_Pre-despatch_intimation.pdf)
- 2026-08-05 — Generic Announcement: APL Apollo Tubes Limited held a Q1 FY27 earnings conference call on August 3, 2026, discussing a mixed quarter with volumes below expectations but improved profitability. The company reported a volume of 745,000 tons, impacted by geopolitical situations in UAE operations, competition for SG premium brand, energy crisis in India, and high factory inflation leading to softer construction industry demand and destocking by channel partners. Despite a 20% volume decline quarter-on-quarter, gross profit per ton increased by INR1,000 due to better pricing power, maintaining EBITDA per ton above INR5,500. The company reaffirmed its full-year guidance of 20% EBITDA growth and anticipates Q2 to be better than Q1 in terms of volume and absolute EBITDA, with macro factors expected to boost the second half of the year. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_05082026151121_Covering_Letter.pdf)
- 2026-08-03 — Generic Announcement: APL Apollo Tubes Limited provided a link to the audio recording of a conference call held on August 3, 2026. The call was with investors and analysts to discuss the company's unaudited financial results for the quarter ended June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_03082026170730_ConCall_Recording_outcome.pdf)
- 2026-08-02 — Generic Announcement: APL Apollo Tubes Limited published its unaudited financial results for the quarter ended June 30, 2026, on August 2, 2026. The results, including Total Income from Operations of ₹5606.71 Crores and Net Profit after Tax of ₹263.11 Crores for the quarter, were advertised in The Financial Express and Jansatta. These results are also available on the company's website and the stock exchange websites. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_02082026152946_Newspaper_Publication.pdf)
- 2026-08-01 — Earnings Presentation: APL Apollo Tubes Limited announced its unaudited financial results for the quarter ended June 30, 2026, reporting a sales volume of 744,823 Ton, a 6% year-over-year decrease. Despite softer demand due to geopolitical and macroeconomic factors, the company achieved an EBITDA of Rs 5,522 per ton, an 18% year-over-year increase, contributing to an 11% year-over-year growth in both EBITDA and Net Profit, which stood at Rs 4.1 billion and Rs 2.6 billion respectively. The company anticipates improved demand in the second half of FY27, supported by government infrastructure spending. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_01082026150810_Press_Release.pdf)
- 2026-08-01 — Press Release: APL Apollo Tubes Limited announced its unaudited financial results for the quarter ended June 30, 2026, reporting a sales volume of 744,823 Ton, a 6% year-over-year decrease. Despite softer demand due to geopolitical and macroeconomic factors, the company achieved an EBITDA of Rs 5,522 per ton, an 18% year-over-year increase, contributing to an 11% year-over-year growth in both EBITDA and Net Profit, which stood at Rs 4.1 billion and Rs 2.6 billion respectively. The company anticipates improved demand in the second half of FY27, supported by government infrastructure spending. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_01082026150621_Press_Release.pdf)
- 2026-08-01 — Generic Announcement: The Board of Directors of APL Apollo Tubes Limited approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the incorporation of a Group Shared Services Company (SSC) with an investment of up to ₹1,00,00,000 for a 20% equity stake, and noted the rationalization of manufacturing operations by a material subsidiary, Apollo Metalex Limited, involving the disposal of its A-25 unit in Sikandrabad, Uttar Pradesh. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_01082026144004_Outcome_of_Board_Meeting_01082026.pdf)
- 2026-08-01 — Generic Announcement: The Board of Directors of APL Apollo Tubes Limited approved the unaudited financial results for the quarter ended June 30, 2026. They also approved the incorporation of a Group Shared Services Company (SSC) with an investment of up to ₹1,00,00,000 for a 20% equity stake, and noted the rationalization of manufacturing operations by a material subsidiary, Apollo Metalex Limited, involving the disposal of its A-25 unit in Sikandrabad, Uttar Pradesh. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_01082026144634_Outcome_of_Board_Meeting_01082026.pdf)
- 2026-07-28 — Generic Announcement: APL Apollo Tubes Limited published a newspaper advertisement on July 28, 2026, regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) for shareholders who have not encashed their dividends since the final dividend for FY 2018-19. Shareholders must contact the company or its Registrar and Share Transfer Agent by November 2, 2026, to claim their dividends and avoid share transfer to IEPF. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_28072026113106_Newspaper_intimation_IEPF.pdf)
- 2026-07-24 — Generic Announcement: APL Apollo Tubes Limited will hold a conference call on August 3, 2026, at 11:30 AM IST to discuss its Q1 FY27 financial results. The management team, including the Chairman & Managing Director, will participate in the call, which is being organized by Antique Stock Broking Limited. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_24072026183524_con_call_intimation.pdf)
- 2026-07-24 — Official Filing: APL Apollo Tubes Limited will hold a board meeting on August 1, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 3, 2026.
- 2026-07-09 — Generic Announcement: APL Apollo Tubes Limited received a confirmation certificate from its Registrar and Share Transfer Agent, Abhipra Capital Limited, on July 9, 2026. This certificate confirms compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. It states that securities received for dematerialization were processed, and certificates were mutilated and cancelled within 15 days, with depositories substituted as registered owners. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_09072026171424_certificate_74.pdf)
- 2026-07-01 — Press Release: APL Apollo Tubes Limited announced its Q1FY27 sales volume was 744,823 Ton, a decrease from 794,350 Ton in Q1FY26. The company also adopted a revised product segmentation framework starting this quarter. Sales for the APL Apollo Brand were 568,691 Ton, SG Premium Brand were 58,686 Ton, UAE Operations were 25,929 Ton, and Roofing Products were 91,516 Ton in Q1FY27. — [Official attachment](https://nsearchives.nseindia.com/corporate/APLAPOLLO_01072026133715_Covering.pdf)

## News and market events

- 2026-09-18 — BUSINESS: **Indices end sideways; metal shares shine for 3rd day** — In the primary market, the NSE IPO was fully subscribed, while investors continued to track subscription trends in other ongoing issues and monitor the listing performance of recently listed companies. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-end-sideways-metal-shares-shine-for-3rd-day-126091800788_1.html)
- 2026-09-17 — BUSINESS: **Crisil Ratings upgrades ratings of SG Mart to 'AA-/A1+' with 'stable' outlook** — SG Mart said that Crisil Ratings has removed its ratings on the bank facilities of the company from 'rating watch with positive implications' and upgraded the ratings to 'Crisil AA-/Crisil A1+' from 'Crisil A/Crisil A1'. — [Source](https://www.business-standard.com/markets/capital-market-news/crisil-ratings-upgrades-ratings-of-sg-mart-to-aa-a1-with-stable-outlook-126091700779_1.html)
- 2026-09-11 — BUSINESS: **Nifty ends below 23,400 as crude surge, rising yields pressure equities** — The key equity indices ended lower on Friday after a gap-down opening, as escalating tensions in the Middle East and a sharp rise in crude oil prices weighed on investor sentiment. The sell-off eased from the day's lows, but the Nifty remained below the 23,400 level, dragged by weakness in metal and auto shares. Brent crude surged amid concerns over supply disruptions, while the US 10-year Treasury yield moved close to 5%, adding to pressure on risk assets. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-ends-below-23-400-as-crude-surge-rising-yields-pressure-equities-126091100942_1.html)
- 2026-09-11 — BUSINESS: **Sensex settles 121 pts lower; Nifty ends tad below 23,400 level** — As per provisional closing data, the S&P BSE Sensex tanked 120.83 points or 0.16% to 74,781.76. The Nifty 50 index lost 79.70 points or 0.34% to 23,398.10. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-settles-121-pts-lower-nifty-ends-tad-below-23-400-level-126091100824_1.html)
- 2026-09-11 — BUSINESS: **Nifty below 23,350; metal shares under pressure** — At 11:30 IST, the barometer index, the S&P BSE Sensex, tanked 385.82 points or 0.52% to 74,518.60. The Nifty 50 index lost 135.50 points or 0.58% to 23,342.30. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-below-23-350-metal-shares-under-pressure-126091100434_1.html)
- 2026-09-11 — BUSINESS: **APL Apollo Tubes incorporates SG Enterprise Soln to provide shared corporate services** — APL Apollo Tubes announced that it has incorporated an associate company, SG Enterprise Solutions, which will provide common corporate support services to participating group entities through a centralised shared services model. — [Source](https://www.business-standard.com/markets/capital-market-news/apl-apollo-tubes-incorporates-sg-enterprise-soln-to-provide-shared-corporate-services-126091100114_1.html)
- 2026-09-07 — Economic Times: **Nifty Outlook: Analysts pick key levels and stocks to watch** — Nifty has experienced a decline for four straight weeks, breaking through the crucial 24,000 support level. Experts recommend adopting a market-neutral approach to capitalize on expected volatility. Among the stocks to watch are APL Apollo Tubes and One 97 Communications, which may offer promising returns. The Bank Nifty indicates upward trends, encouraging investors to buy on dips around 56,400. Additionally, Hindustan Oil Exploration Company and Engineers India present attractive opportunities... — [Source](https://economictimes.indiatimes.com/markets/stocks/news/nifty-extends-losing-streak-breaks-24000-support/articleshow/133859423.cms)
- 2026-09-07 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —7 September 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — TCPL Packaging, Innova Captab, Greenply Industries, Global Health, and Apl Apollo Tubes. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-7-september-2026-11788742187187.html)
- 2026-09-06 — BUSINESSTODAY: **APL Apollo, GNFC, Apar, Force Motors among stocks to turn ex-dividend next week; big payouts in focus** — Apar Industries, Empire Industries, Force Motors, TVS Srichakra, Gujarat Narmada Valley Fertilizers & Chemicals, Transpek Industry, Naperol Investments, Jyoti Resins & Adhesives, Gujarat Energy, APL Apollo Tubes — [Source](https://www.businesstoday.in/markets/stocks/story/apl-apollo-gnfc-apar-force-motors-among-stocks-to-turn-ex-dividend-next-week-big-payouts-in-focus-553318-2026-09-06)
- 2026-09-06 — MONEYCONTROL: **Chartist Talk: Nifty 50 likely to break below 23,600-23,500 zone next week? SBI Securities' Sudeep Shah shares stock ideas** — Sudeep Shah,Nifty 50,NSE Nifty,Nifty Midcap,Nifty Smallcap,Nifty Pharma,Yatharth Hospital and Trauma Care Services,KPR Mill,BSE,APL Apollo Tubes, — [Source](https://www.moneycontrol.com/news/business/markets/chartist-talk-nifty-50-likely-to-break-below-23-600-23-500-zone-next-week-sbi-securities-sudeep-shah-shares-stock-ideas-14023474.html)
- 2026-09-02 — Mint: **Up to 40% returns? Looking for top stock picks for Sept 2026? Axis Securities shares list of 15 | Upside, target price** — Axis Securities presents a curated list of 15 stocks with potential returns of up to 40%. Discover which sectors and stocks are poised for growth amidst geopolitical tensions and economic shifts. — [Source](https://www.livemint.com/market/stock-market-news/up-to-40-returns-looking-for-top-stock-picks-for-sept-2026-axis-securities-shares-list-of-15-upside-target-price-11788324428926.html)
- 2026-08-21 — Economic Times: **Stock Radar: APL Apollo Tubes breaks above descending trendline from February 2026 highs; time to buy?** — APL Apollo Tubes Ltd. stock has broken a descending trendline, signaling potential upside. Experts suggest buying the stock for a bounce towards 2400 levels. The company is India's largest structural steel tube producer with a dominant market share. Recent price action confirms a bullish continuation flag pattern on daily charts. Technical indicators and moving averages also support a positive outlook for the stock. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-apl-apollo-tubes-breaks-above-descending-trendline-from-february-2026-highs-time-to-buy/articleshow/133373493.cms)
- 2026-08-13 — MONEYCONTROL: **Buy Apl Apollo Tubes; target of Rs 2325: Geojit Financial Services** — Apl Apollo Tubes, buy, Geojit Financial Services, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/buy-apl-apollo-tubes-target-of-rs-2325-geojit-financial-services-14004175.html)
- 2026-08-10 — MONEYCONTROL: **Trade Spotlight: How should you trade Uno Minda, Glenmark Pharma, APL Apollo Tubes, Grasim Industries, TCS, and others on August 10?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Uno Minda,Glenmark Pharmaceuticals,APL Apollo Tubes,BLS International Services,Concord Biotech,Grasim Industries,Vedanta,Tata Consultancy Services — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-uno-minda-glenmark-pharma-apl-apollo-tubes-grasim-industries-tcs-and-others-on-august-10-13999267.html)
- 2026-08-03 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty up over 200 points; IndiGo, Shriram Fin top gainers** — Sensex Today | Stock Market Live Updates: We are at the halfway mark of the day's trade, and the markets are trading on a strong footing, holding onto the gains. The Nifty is up over 200 points, rising above 24,600. The Nifty Bank is also higher, jumping over 530 points, rising to 57,600. ITC, Shriram Fin and IndiGo are top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-oil-fcnr-rupee-itc-maruti-autos-ioc-divis-zee-stl-banks-share-price-liveblog-19959976.htm)
- 2026-08-01 — FREEPRESSJOURNAL.IN: **APL Apollo Tubes Reports Q1 Net Profit Of ₹263.11 Crore, Revenue At ₹5,606.71 Crore** — APL Apollo Tubes Ltd reported a consolidated net profit of ₹263.11 crore for the quarter ended 30 June 2026. The company — [Source](https://www.freepressjournal.in/business/apl-apollo-tubes-reports-q1-net-profit-of-26311-crore-revenue-at-560671-crore)
- 2026-08-01 — The Hindu: **Q1 Results Today Live: Divis Laboratories, Muthoot Finance, APL Apollo Tubes, Gujarat Ambuja Exports, Clean Science & Technology to announce Q1 results** — Q1 Results Today, 01st August 2026 Live Updates: Follow BusinessLine's live coverage of Q1 FY27 earnings on August 1, 2026. Stay updated with the latest financial results, key announcements, earnings highlights and market reaction from companies scheduled to report their June quarter performance today. — [Source](https://www.thehindubusinessline.com/markets/stock-markets/q1-results-today-live-updates-divis-laboratories-muthoot-finance-apl-apollo-tubes-gujarat-ambuja-exports-clean-scinece-and-technology-results-01-august-2026/article71293498.ece)
- 2026-07-31 — BUSINESSTODAY: **Apollo Hospitals, Nestle, APL Apollo Tubes: Stocks to trade —  Targets, stop loss & more** — Stocks to buy, Stock picks, Stocks to trade, trading views, Apollo Hospitals Enterprise, Nestle India, APL Apollo Tubes, Apollo Hospitals shares, Nestle shares, APL Apollo Tubes shares, Apollo Hospitals share price, Nestle share price, APL Apollo Tubes share price, Apollo Hospitals stock price, Nestle stock price, APL Apollo Tubes stock price, Apollo Hospitals target price, Nestle target price, APL Apollo Tubes target price — [Source](https://www.businesstoday.in/markets/stocks/story/apollo-hospitals-nestle-apl-apollo-tubes-stocks-to-trade-targets-stop-loss-more-546425-2026-07-31)

## Business profile

**Strategic vision:** Manufactures structural steel tubes and steel solutions.

### Business segments
- **Structural Steel Tubes:** Manufactures a wide array of steel solutions, including structural steel tubes and GI pipe solutions, catering to construction, infrastructure, and industrial sectors.

### Competitive strengths
- Extensive distribution and supply network
- State-of-the-art manufacturing facilities
- Broad portfolio of steel solutions

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/aplapollo
Markdown representation: https://faxioms.com/stocks/aplapollo?render=md