More about APL Apollo Tubes Limited
Fundamentals for APL Apollo Tubes Limited
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Fundamentals for APL Apollo Tubes Limited
Business Operations:
Sector: Basic MaterialsIndustry: Steel
APL Apollo Tubes Limited manufactures and sells structural steel tubes in India. The company offers structural tubes for construction, automotive, machinery, furniture, etc. applications; pre galvanized sections of square, rectangular, and circular tubes used for roofing structure; galvanized iron products for industrial and agricultural applications; tricoat pipes, designer pipes, and door frames; black round tubes used in plumbing systems of buildings; and ready-made chaukhat, and door and fencing solutions. It also exports its products to approximately 30 countries worldwide. The company was formerly known as Bihar Tubes Limited and changed its name to APL Apollo Tubes Limited in 2010. APL Apollo Tubes Limited was incorporated in 1986 and is headquartered in Noida, India.
Revenue projections:
With APLAPOLLO's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 0.00000 |
|---|---|
| forwardPE | 40.06968 |
| debtToEquity | 15.53400 |
| earningsGrowth | 0.42800 |
| revenueGrowth | 0.07000 |
| grossMargins | 0.15502 |
| operatingMargins | 0.07095 |
| trailingEps | 41.13000 |
| forwardEps | 54.59240 |
APL Apollo Tubes Limited's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making APL Apollo Tubes Limited a stable and conservative investment.
APL Apollo Tubes Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that APL Apollo Tubes Limited is projected to improve its financial performance compared to the previous year.
Price projections:
Over time, price projections for APLAPOLLO have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect APLAPOLLO to continue on a positive growth trajectory.
Recommendation changes over time:
Analysts have maintained a buy bias for APLAPOLLO, which could prompt investors to consider the stock as a viable investment. With this positive outlook, APLAPOLLO is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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