APL Apollo Tubes Limited has announced its audited financial results for the year ended March 31, 2026. The company reported robust growth, with a consolidated annual revenue of ₹23,079 crore and a profit after tax of ₹1,203.08 crore. Reflecting this strong performance, the Board of Directors has recommended a final dividend of ₹8.50 per equity share (425%) for the financial year.
Annual Financial Performance
The company delivered a strong fiscal year 2026, with consolidated revenue from operations reaching ₹23,079 crore, up from ₹20,689.54 crore in the previous year. Annual consolidated profit after tax surged to ₹1,203.08 crore, compared to ₹757.06 crore reported in the prior fiscal year. The standalone performance was equally positive, with annual revenue of ₹15,109.94 crore and a profit after tax of ₹547.12 crore.
Strategic Corporate Updates
In alignment with its capital allocation strategy, the Board has approved the voluntary liquidation of APL Apollo Mart Limited, a non-operational wholly-owned subsidiary. Furthermore, the company has granted in-principle approval for the divestment of its shareholding in Blue Ocean Projects Private Limited. This move is designed to unlock capital and redeploy resources into the core manufacturing business.
Leadership and Governance
To ensure continuity in leadership, the Board has recommended the re-appointment of four Independent Directors for a second five-year term: Mrs. Asha Anil Agarwal and Shri Upendra Kamath H S effective from October 30, 2026, and Shri Rajeev Anand and Shri Dinesh Kumar Mittal effective from May 11, 2027.
Cost Audits
The company has appointed M/s Sanjay Gupta & Associates as Cost Auditors for the 2026-27 financial year, tasking them with the audit of the firm’s cost records to maintain rigorous compliance and operational efficiency.
Source: BSE
