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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:
APLAPOLLO's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 1.343000 |
|---|---|
| forwardPE | 27.511597 |
| debtToEquity | 9.396000 |
| earningsGrowth | 0.208000 |
| revenueGrowth | 0.136000 |
| grossMargins | 0.154690 |
| operatingMargins | 0.072060 |
| trailingEps | 43.280000 |
| forwardEps | 64.307430 |
APL Apollo Tubes Limited's current ratio being 1.343 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, APL Apollo Tubes Limited can easily cover its immediate liabilities, reflecting solid financial health.
APL Apollo Tubes Limited's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
APLAPOLLO's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with APLAPOLLO expected to continue increasing its profits and revenue in the coming periods.
APLAPOLLO's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The price of APLAPOLLO has consistently been close to the lower limit of expectations. This trend may point to challenges in the company's performance, leading to concerns about its future growth potential.
Recommendation changes over time:
Recent analysis shows a strong buy bias for APLAPOLLO, encouraging investors to view it as a solid investment option. The positive sentiment surrounding APLAPOLLO suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
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