APL Apollo Tubes announced robust financial performance for the second quarter of FY27, with revenue increasing by 34% YoY to ₹70.0 Bn. EBITDA saw a significant rise of 29% YoY to ₹5.8 Bn, and Net Profit grew by 27% YoY to ₹3.8 Bn. For the first half of FY27 (H1 FY27), revenue rose 22% YoY to ₹126.1 Bn, and EBITDA increased 21% YoY to ₹9.9 Bn.
APL Apollo Tubes Reports Strong Q2 FY27 Financials
APL Apollo Tubes Limited has announced impressive financial results for the quarter and half-year ended September 30, 2026. The company has demonstrated significant growth across key financial metrics, highlighting its strong market position and operational efficiency.
Q2 FY27 Performance Highlights
- Sales Volume: Increased by 13% YoY and 29% QoQ to 963k Ton.
- Revenue: Grew by a substantial 34% YoY and 25% QoQ, reaching ₹70.0 Bn.
- EBITDA: Saw a robust increase of 29% YoY and 40% QoQ to ₹5.8 Bn.
- EBITDA/Ton: Stood strong at ₹5,999, marking a 15% YoY and 9% QoQ increase.
- Interest Cost: Increased by 90% YoY and 35% QoQ to ₹524 Mn.
- Net Profit: Experienced significant growth of 27% YoY and 45% QoQ, amounting to ₹3.8 Bn.
- Cash Profit: Increased by 25% YoY and 39% QoQ to ₹4.5 Bn.
- Net Cash in H1FY27: Recorded at ₹16.3 Bn, up from ₹15.3 Bn in FY26.
- Net WC in H1FY27: Reported at 0 days, same as FY26.
- ROCE in H1FY27: Was 39.7%, compared to 37.3% in FY26.
- ROE in H1FY27: Recorded at 27.7%, compared to 25.3% in FY26.
H1 FY27 Performance Highlights
- Revenue: Increased by 22% YoY to ₹126.1 Bn.
- EBITDA: Increased by 21% YoY to ₹9.9 Bn.
- EBITDA/Ton: Reported at ₹5,791.
- PAT: Increased by 20% YoY to ₹6.5 Bn.
Management Commentary
Mr. Sanjay Gupta, Chairman of APL Apollo, commented on the Q2 FY27 results, stating, “APL Apollo Tubes delivered its strongest-ever quarterly performance, with Q2FY27 sales volumes, EBITDA and PAT growing 13%, 29% and 27% YoY, respectively. The company’s EBITDA/Ton stood strong at Rs. 5,999/ Ton, supported by a higher share of value-added products and the strength of the APL Apollo brand. This business performance was achieved despite the disruption in company’s UAE operations. A greater contribution from value-added offerings supported margin improvement, reinforcing the importance of portfolio differentiation through the demand cycle. The Company’s focus on product quality and customer needs, supported by its extensive distribution network, continues to strengthen its competitive position. The company expects demand to improve over the coming quarters, supported by higher government budget allocations for the infrastructure sector. We are ready with our capacity, diversified product portfolio, distribution network and strong brand pull. Henceforth we expect 2HFY27 to perform better than 1HFY27. We continue to remain prudent with our working capital management, which remains best in the construction material sector.”.
Source: BSE
