APL Apollo Tubes, earlier known as Bihar Tubes was incorporated in 1986, founded by late Sudesh Kumar Gupta, and since then has carved an unparalleled position in the global market by making relentless endeavour to cater to its clients with premium quality...
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
APL Apollo Tubes Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
APL Apollo Tubes Ltd. should be analysed on a Consolidated basis
CAGR Colour Code Guide
Book Value per Share
Key Financial Parameter
Performance Ratio Colour Code Guide
Return on Equity (%)
Operating Profit Margin (%)
Net Profit Margin (%)
Debt to Equity
Working Capital Days
Cash Conversion Cycle
Promoter's Holding & Share Pledging
* Pledged shares as % of Promoter's holding (%)
1. Is APL Apollo Tubes Ltd a good quality company?
MoneyWorks4Me analysed the past 10-year performance of APL Apollo Tubes Ltd and arrived at the following conclusion:
Past 10 year's financial track record indicates that APL Apollo Tubes Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.
2. Is current market price of APL Apollo Tubes Ltd a good price to buy it?
The 5-year analysis of APL Apollo Tubes Ltd's performance infers:
APL Apollo Tubes Ltd earnings have grown by 28.7%, whereas share price has appreciated 46.6% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.
3. What is APL Apollo Tubes Ltd share price return in the past 10 years ?
We analysed the performance of APL Apollo Tubes Ltd share prices over the last 10 years. Here is what we found out:
APL Apollo Tubes Ltd share price has appreciated 42.2% annually over the past ten years.
APL Apollo Tubes, earlier known as Bihar Tubes was incorporated in 1986, founded by late Sudesh Kumar Gupta, and since then has carved an unparalleled position in the global market by making relentless endeavour to cater to its clients with premium quality pipes & tubes. Under the chairmanship of its founder member, Late. Sh. Sudesh Kumar Gupta, its excellence in engineering, a genuine team spirit, clear objectives, ethical business practices
APL Apollo Tubes, earlier known as Bihar Tubes was incorporated in 1986, founded by late Sudesh Kumar Gupta, and since then has carved an unparalleled position in the global market by making relentless endeavour to cater to its clients with premium quality pipes & tubes. Under the chairmanship of its founder member, Late. Sh. Sudesh Kumar Gupta, its excellence in engineering, a genuine team spirit, clear objectives, ethical business practices and well-defined goals have infused an accelerated pace of growth in the market expansion of the company.
With a capacity to produce multi Million Tonnes per annum, APL Apollo Tubes Limited is the largest producer of Structural Steel Tubes in India. The company has an extended distribution network of warehouses and branch offices in various cities across the country catering to domestic as well as many countries worldwide.
Business area of the company
The Company is engaged in the business of production of Electric Resistance Welded (ERW) steel tubes. The company’s multi-product offerings include huge varieties of Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections, which make APL Apollo one of leading branded steel products manufacturers in India.
Awards and recognitions
2016: APL APOLLO has won the “Fastest Growing Manufacturing Company” award at the IPF Industrial Excellence Awards.
2017: APL Apollo Tubes Ltd received “India’s Best Company of The Year” award received from International Brand Consulting Corporation, USA.
2018: APL Apollo Tubes being facilitated by CREDAI.
2019: Times Power Icons 2019 for North region certificate of recognition received by Sanjay Gupta (The Chairman, APL Apollo Tubes Ltd) for exemplary contribution in the field of excellence in the field of steel pipes and section.
2019: APL Apollo Tubes Ltd received Emerging Brand award for the Year 2019 from ABP news Brands Excellence Awards.
History and Milestones
Year of Incorporation
Setting-up of the first manufacturing plant in Sikandrabad, Ghaziabad
Commissioned a new Galvanizing plant
Received ISI Certification
Listed on the Stock Exchanges (BSE & NSE)
Commissioned a new tube mill and modern Gallium mill
Received ISO 9001:2000 certification
Developed in-house Hollow Sections across a wide range of sizes
First in India to launch Pre-Galvanized pipes
Acquired Apollo Metalex Private Limited
Awarded with Star Export House Status
Acquired Shri Lakshmi Metal Udyog Limited in Bengaluru
Commissioned a plant in Hosur, Tamil Nadu
A Greenfield venture with state-of-the-art mills
Started multiple warehouses across India
Name changed to APL Apollo Tubes Limited from Bihar Tubes
Received UL, CE, SGF France Certifications and other approvals
Acquired Lloyds Line Pipes Limited plant near Mumbai
Procured CRFH Coils from JSW Steel to expand the product range
Launched Door sections, Window sections, and Railing tubes
First in India to achieve a capacity of 1 MTPA in steel pipes
Established India’s first-ever Direct Forming Technology Line in Hosur
Commissioned Greenfield facility at Raipur & Chhattisgarh with Direct Forming Technology
Awarded patents for six product designs
Apollo Tricoat and entered into home improvement solution offerings with focused consumer products like door frames, designer tubes, electrical conduits, ceiling products
40% market share in structural steel tubing industry