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:
Revenues for APLAPOLLO are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 40.518024 |
| debtToEquity | 15.534000 |
| earningsGrowth | 0.428000 |
| revenueGrowth | 0.070000 |
| grossMargins | 0.155020 |
| operatingMargins | 0.070950 |
| trailingEps | 41.120000 |
| forwardEps | 55.150770 |
APLAPOLLO's low Debt-to-Equity ratio means it is not excessively reliant on debt financing. This low leverage suggests lower financial risk and stronger equity control, positioning the company in a more stable financial situation and reducing vulnerability to debt-related issues.
APLAPOLLO's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for APLAPOLLO's financial performance.
Price projections:
APL Apollo Tubes Limited's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect APL Apollo Tubes Limited to continue delivering solid performance in the future.
Recommendation changes over time:
APLAPOLLO has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as APLAPOLLO is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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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