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APL Apollo Tubes APLAPOLLO

India's largest structural steel tube maker - tubes for building frames, roofing, façades and warehouses

Mapped in 1 theme: Real Estate.

From publicly available information

Where APL Apollo Tubes sits in the supply chain

APL Apollo Tubes appears in 1 supply-chain layer in one theme, Real Estate.

Real Estate › Steel & structural tubes

Direct supplier

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Revenue and profit

₹ CrFY24FY25FY26
Revenue18,11920,69023,079
Net profit7327571,203

Latest-year revenue ₹23,079 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • High ROCE and FY26 profit up ~59% to ₹1,203 Cr
  • Brand and dealer network let it charge more than commodity steel
  • Benefits as steel framing replaces concrete in some buildings

Risks

  • Steel price swings affect volumes and inventory
  • Rich valuation

Common questions

What does APL Apollo Tubes do?

India's largest structural steel tube maker - tubes for building frames, roofing, façades and warehouses.

Where does APL Apollo Tubes sit in the supply chain?

APL Apollo Tubes (NSE: APLAPOLLO) is mapped in 1 supply-chain layer: Steel & structural tubes (Real Estate).

Who are APL Apollo Tubes' peers?

In the Steel & structural tubes layer of Real Estate: JSW Steel and Tata Steel.

What is APL Apollo Tubes' market cap and valuation?

As of 30 Oct 2026: market cap ₹59,983 Cr, P/E 45.8x, ROCE 31.8%, ROE 25.4%, dividend yield 0.39%.