APL Apollo Tubes Key Ratios
NSE: APLAPOLLO | BSE: 533758
₹2,251.60
As on 13-Nov-2026 15:31IST
Market cap
₹62,455 Cr
Revenue (TTM)
₹24,693 Cr
P/E Ratio
47.7
P/B Ratio
10.9
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 24.88 | 26.58 | 14.09 | 11.25 | 17.97 |
| EBIT | 45.50 | 31.64 | 27.27 | 17.53 | 16.43 |
| Net Profit | 45.35 | 26.82 | 24.90 | 19.51 | 19.18 |
| EPS | 45.35 | 26.80 | 24.85 | 19.46 | 16.68 |
| Book Value | -- | -- | 26.21 | 20.76 | 23.02 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.75 | 5.82 | 7.00 | 6.81 | 4.82 |
| Net Margin
| 4.29 | 4.31 | 5.27 | 5.19 | 3.64 |
| Return on equity
| 22.31 | 24.06 | 23.74 | 25.35 | 19.41 |
| Return on Capital
| 26.69 | 28.06 | -- | 31.83 | 22.90 |
| Return on Assets
| 11.14 | 11.81 | 14.35 | 13.82 | 9.45 |
| Debt to Equity (x)
| -- | -- | 0.03 | 0.09 | 0.15 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
31.83
|
22.90
|
25.35
|
26.88
|
|
Peer Median
|
--
|
16.14
|
18.02
|
19.02
|
--
|
ROE
23.74
Higher than Peers by 12.73
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
23.74
|
25.35
|
19.41
|
22.17
|
23.51
|
|
Peer Median
|
11.00
|
12.40
|
16.88
|
20.14
|
--
|
ROA
14.35
Higher than Peers by 7.19
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
14.35
|
13.82
|
9.45
|
10.16
|
11.23
|
|
Peer Median
|
7.16
|
6.81
|
7.77
|
10.61
|
--
|
EBIT Margin
7.00
Lower than Peers by 0.31
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
7.00
|
6.81
|
4.82
|
5.61
|
5.46
|
|
Peer Median
|
7.31
|
10.20
|
10.72
|
12.52
|
--
|
Net Margin
5.27
Higher than Peers by 0.48
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
5.27
|
5.19
|
3.64
|
4.03
|
3.96
|
|
Peer Median
|
4.79
|
4.79
|
4.73
|
5.04
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
5.86
|
4.33
|
4.83
|
4.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
14.09
Higher than Peers by 3.61
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
14.09
|
11.55
|
14.19
|
12.08
|
23.75
|
|
Peer Median
|
10.48
|
23.89
|
13.12
|
17.36
|
--
|
EBIT Growth
27.27
Higher than Peers by 15.59
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
27.27
|
57.46
|
-1.83
|
15.06
|
5.61
|
|
Peer Median
|
11.68
|
20.97
|
15.13
|
29.80
|
--
|
Net Profit Growth
24.90
Higher than Peers by 11.94
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
24.90
|
58.91
|
3.36
|
14.11
|
3.70
|
|
Peer Median
|
12.95
|
26.31
|
9.05
|
19.84
|
--
|
EPS Growth
24.85
Higher than Peers by 26.67
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
24.85
|
58.83
|
3.31
|
14.08
|
-6.42
|
|
Peer Median
|
-1.82
|
10.57
|
8.64
|
12.50
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
26.28
|
16.36
|
20.00
|
22.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.03
Lower than Peers by 0.04
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
0.03
|
0.09
|
0.15
|
0.31
|
0.29
|
|
Peer Median
|
0.07
|
0.26
|
0.60
|
0.45
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
0.00
|
0.01
|
0.04
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.39
Lower than Peers by 0.28
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
1.39
|
1.31
|
1.19
|
1.28
|
1.13
|
|
Peer Median
|
1.67
|
1.76
|
1.56
|
1.73
|
--
|
Quick Ratio
0.93
Higher than Peers by 0.03
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
0.93
|
0.86
|
0.62
|
0.73
|
0.58
|
|
Peer Median
|
0.90
|
0.96
|
1.15
|
0.79
|
--
|
Interest Coverage
11.99
Higher than Peers by 6.80
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
11.99
|
13.42
|
8.21
|
9.62
|
13.87
|
|
Peer Median
|
5.19
|
3.23
|
4.88
|
7.06
|
--
|
Operating Efficiency
Debtors to sales
1.53
Lower than Peers by 10.66
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
1.53
|
1.52
|
1.29
|
0.77
|
0.85
|
|
Peer Median
|
12.20
|
15.18
|
17.48
|
10.48
|
--
|
Asset Turnover
2.71
Higher than Peers by 1.35
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
2.71
|
2.81
|
2.76
|
2.61
|
2.94
|
|
Peer Median
|
1.36
|
1.43
|
1.94
|
2.01
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
4.61
|
3.35
|
2.68
|
5.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
22.88
|
26.89
|
30.26
|
25.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
43.03
|
43.02
|
41.82
|
34.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
--
|
-15.54
|
-12.78
|
-8.87
|
-4.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
47.68
Higher than Peers by 23.10
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
47.68
|
44.72
|
55.89
|
56.63
|
52.02
|
|
Peer Median
|
24.57
|
24.57
|
28.60
|
36.03
|
--
|
Price / Book Value
10.88
Higher than Peers by 9.24
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
10.88
|
10.16
|
10.09
|
11.51
|
11.12
|
|
Peer Median
|
1.64
|
1.64
|
2.70
|
3.83
|
--
|
Dividend Yield
0.38
Higher than Peers by 0.21
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
0.38
|
0.44
|
0.38
|
0.37
|
0.42
|
|
Peer Median
|
0.16
|
0.05
|
0.05
|
0.08
|
--
|
EV/EBITDA
29.45
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
29.45
|
27.89
|
32.70
|
33.37
|
31.73
|
|
Peer Median
|
--
|
17.53
|
18.08
|
32.36
|
--
|
Market Cap
62,455
Higher than Peers by 58,067
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
APL Apollo Tubes
|
62,455
|
53,799
|
42,312
|
41,499
|
33,388
|
|
Peer Median
|
4,388
|
2,984
|
2,834
|
4,218
|
--
|