APL Apollo Tubes Limited has announced its financial results for the year ended March 31, 2026. The company reported a consolidated annual revenue of ₹23,079 crore and a net profit of ₹1,203.08 crore. Reflecting this robust growth, the Board of Directors has recommended a final dividend of ₹8.50 per equity share (425%) for the financial year. Additionally, the company initiated strategic restructuring, including the voluntary liquidation of its subsidiary, APL Apollo Mart Limited.
Financial Highlights for FY26
The company demonstrated strong financial growth for the full fiscal year ended March 31, 2026. Consolidated revenue from operations reached ₹23,079 crore, up from ₹20,689.54 crore in the previous year. Net profit for the period climbed significantly to ₹1,203.08 crore, compared to ₹757.06 crore in the prior fiscal year. On a standalone basis, the company reported an annual revenue of ₹15,109.94 crore and a profit of ₹547.12 crore.
Dividend Recommendation
In light of the strong operational performance, the Board of Directors has recommended a final dividend of ₹8.50 per equity share (face value of ₹2/- each), translating to 425% for the financial year ended March 31, 2026. The payout is subject to shareholder approval at the upcoming Annual General Meeting.
Strategic Restructuring and Divestment
As part of an ongoing asset portfolio and group structure review, the Board has approved two key strategic decisions: the voluntary liquidation of its wholly-owned subsidiary, APL Apollo Mart Limited (AAML), due to the lack of significant operations and business value, and the divestment of its stake in Blue Ocean Projects Private Limited (BOPPL). The divestment aims to unlock capital and redeploy resources into the company’s core manufacturing business.
Leadership and Governance
The Board has recommended the re-appointment of four Non-Executive Independent Directors for a second term of five consecutive years: Mrs. Asha Anil Agarwal and Shri Upendra Kamath H S (effective October 30, 2026), and Shri Rajeev Anand and Shri Dinesh Kumar Mittal (effective May 11, 2027). Furthermore, M/s Sanjay Gupta & Associates has been appointed as the Cost Auditor for the 2026-27 financial year.
Source: BSE
