APL Apollo Tubes announced its financial results for the quarter ended June 30, 2026 (Q1FY27). Sales volume stood at 744,823 Ton, marking a 6% decrease year-on-year. EBITDA grew 11% YoY to Rs4.1bn, with EBITDA per ton increasing 18% YoY to Rs5,522. Net Profit also saw an 11% YoY increase, reaching Rs2.6bn.
APL Apollo Tubes Reports Q1 FY27 Financial Performance
APL Apollo Tubes Limited has released its unaudited financial results for the first quarter of FY27, ended June 30, 2026. The company reported a sales volume of 744,823 Ton, representing a 6% decrease compared to the same period last year. Despite the decline in sales volume, the company demonstrated resilience in its profitability metrics.
Key Financial Highlights
The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q1FY27 showed a significant increase of 11% year-on-year, reaching Rs4.1 billion. Furthermore, the EBITDA per ton improved substantially by 18% YoY, amounting to Rs5,522. This indicates stronger margin performance and operational efficiency. Net Profit for the quarter also grew by 11% YoY, settling at Rs2.6 billion.
Management Commentary
Mr. Sanjay Gupta, Chairman of APL Apollo, commented on the Q1FY27 results, acknowledging that the sales volume was below expectations due to a soft demand environment influenced by geopolitical situations and challenging macroeconomic conditions. However, he highlighted that the strong quarterly EBITDA of Rs5,522 per ton showcases the company’s strengths, including an improved sales mix and brand power. Mr. Gupta expressed optimism for the second half of FY27, anticipating an improvement in demand conditions backed by increased government allocation for the infrastructure sector and the company’s readiness with its capacity, product range, distribution network, and brand pull. He emphasized the company’s continued prudent approach to working capital management.
Capacity Expansion and Future Outlook
The presentation also outlines APL Apollo’s capacity expansion plans, aiming for a total capacity of 8 Mn Ton by FY28 through a combination of existing capacity, greenfield & brownfield expansion, and debottlenecking initiatives. The company is also focused on its ESG transformation journey and has set ambitious targets for emissions reduction.
Market Position and Strategy
APL Apollo maintains its position as India’s leading branded structural steel tube manufacturer, serving diverse sectors including housing, commercial buildings, and infrastructure. The company’s strategy involves market share expansion, leveraging brand equity, and offering a wide product portfolio of over 5000 SKU’s. The company is also actively exploring opportunities in new product segments and sustainable solutions.
Source: BSE
