{"id":140692,"date":"2023-02-09T06:25:54","date_gmt":"2023-02-09T11:25:54","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140692"},"modified":"2023-02-09T06:30:11","modified_gmt":"2023-02-09T11:30:11","slug":"apl-apollo-tubes-ltd-nse-aplapollo-q3-fy23-results-outtotal-income-rises-18-10-qoq","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/apl-apollo-tubes-ltd-nse-aplapollo-q3-fy23-results-outtotal-income-rises-18-10-qoq\/","title":{"rendered":"APL Apollo Tubes Ltd. (NSE: APLAPOLLO)| Q3 FY23 Results Out.| Total Income rises 34% yoy."},"content":{"rendered":"\n

APL Apollo Tubes Limited(NSE: APLAPOLLO) <\/a>is a leading producer of Structural Steel Tubes and pipes in India, with a total capacity of 2.6 MTPA. The company has five manufacturing units across India and serves a wide spectrum of industrial applications through its one-stop shop for a variety of steel products, including MS Black pipes, Galvanized Tubes, Pre-Galvanized Tubes, Structural ERW Steel tubes, and Hollow sections.<\/p>\n\n\n\n

APL Apollo has a vast 3-tier distribution network with over 800 dealers and warehouses in over 20 cities, making it a well-established player in the steel industry. The company was incorporated in 1986 and has undergone several changes and expansions over the years, including the commissioning of world-scale manufacturing facilities and the transformation of branches into steel product retail chains.<\/p>\n\n\n\n

APL Apollo Tubes Ltd. announced their Q3FY23 results showing a significant increase in sales volume by 50% YoY to 605k tons, resulting in a 34% YoY growth in revenue to Rs 43.3 billion. The EBITDA also increased by 35% to Rs 2.7 billion, and the net profit rose by 32% to Rs 1.7 billion. The EBITDA per ton decreased by 10% YoY to Rs 4,510. The company attributes its success to its focus on adding value-added products (VAP) to its portfolio, which contributed 57% to overall sales volume in 9MFY23. <\/p>\n\n\n\n

The chairman, Sanjay Gupta, also stated that the ramp-up from their greenfield plant in Raipur will support further sales volume and EBITDA growth in the coming quarters. The company also continues to prioritize responsible working capital management.<\/p>\n","protected":false},"excerpt":{"rendered":"

APL Apollo Tubes Limited(NSE: APLAPOLLO) is a leading producer of Structural Steel Tubes and pipes in India, with a total capacity of 2.6 MTPA. The company has five manufacturing units across India and serves a wide spectrum of industrial applications through its one-stop shop for a variety of steel products, including MS Black pipes, Galvanized […]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[9148],"class_list":["post-140692","post","type-post","status-publish","format-standard","hentry","category-earnings","category-industrials","tag-steel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145993,"url":"https:\/\/alphastreet.com\/india\/earnings-apl-apollo-tubes-limited-nse-aplapollo-q4fy23-results-out-total-income-rises-5-yoy\/","url_meta":{"origin":140692,"position":0},"title":"Earnings | APL Apollo Tubes Limited (NSE: APLAPOLLO): Q4FY23 Results Out; Total Income rises 5% YoY.","author":"Divyansh_Kasana","date":"May 12, 2023","format":false,"excerpt":"APL Apollo Tubes Limited is a leading branded steel products manufacturer in India. With headquarters in Delhi NCR, the company operates 10 manufacturing facilities that produce over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes, and Hollow Sections. These products serve a range of\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170637,"url":"https:\/\/alphastreet.com\/india\/apollo-tubes-q1-fy26-earnings-results\/","url_meta":{"origin":140692,"position":1},"title":"Apollo Tubes Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 26, 2025","format":false,"excerpt":"APL Apollo Tubes Ltd is a leading Indian manufacturer of branded steel products, headquartered in Delhi NCR. The company operates 10 manufacturing facilities producing over 1,500 varieties of steel tubes and pipes catering to sectors such as infrastructure, housing, irrigation, solar, and engineering. Presenting below its Q1 FY26 Earnings Results.\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"APLAPOLLO Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/APL-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/APL-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/APL-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/APL-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/APL-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/APL-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177130,"url":"https:\/\/alphastreet.com\/india\/apl-apollo-tubes-reports-consolidated-net-profit-growth-in-third-quarter-results\/","url_meta":{"origin":140692,"position":2},"title":"APL Apollo Tubes Reports Consolidated Net Profit Growth in Third Quarter Results","author":"Staff Correspondent","date":"January 22, 2026","format":false,"excerpt":"APL Apollo Tubes (NSE: APLAPOLLO) The steel tube manufacturer recorded a consolidated net profit of \u20b9310.04 crore for the quarter ended December 31, 2025, supported by increased operational revenue. Total consolidated income reached \u20b95,839.85 crore as the company evaluates the financial implications of new national labor legislation. APL Apollo Tubes\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":148579,"url":"https:\/\/alphastreet.com\/india\/apl-apollo-tubes-ltd-leading-the-way-in-indias-structural-tubes-market-with-remarkable-growth-and-market-dominance\/","url_meta":{"origin":140692,"position":3},"title":"APL Apollo Tubes Ltd: Leading the Way in India’s Structural Tubes Market with Remarkable Growth and Market Dominance.","author":"Divyansh_Kasana","date":"June 9, 2023","format":false,"excerpt":"Stock Data: TickerNSE: APLAPOLLOExchangeNSEIndustryPIPES Price Performance: Last 5 Days+7.54%YTD+10.91%Last 12 Months+30.15% Company Description: APL Apollo Tubes Limited is the biggest tubes manufacturer in India, with about half of the market share. They have consistently increased their production capacity, going from 53,000 tons per annum in 2006 to 2.5 million tons\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165562,"url":"https:\/\/alphastreet.com\/india\/apl-apollo-tubes-ltd-q2fy25-73-fall-in-profits\/","url_meta":{"origin":140692,"position":4},"title":"APL Apollo Tubes Ltd Q2FY25; 73% fall in Profits","author":"Divyansh_Kasana","date":"November 12, 2024","format":false,"excerpt":"APL Apollo Tubes Limited (APL Apollo) is one of India\u2019s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company runs 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes and Hollow Sections to serve industry applications like\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/11\/JH-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166520,"url":"https:\/\/alphastreet.com\/india\/apl-apollo-tubes-ltd-q3fy25-31-rise-in-profits\/","url_meta":{"origin":140692,"position":5},"title":"APL Apollo Tubes Ltd Q3FY25; 31% rise in Profits","author":"Divyansh_Kasana","date":"January 27, 2025","format":false,"excerpt":"APL Apollo Tubes Limited (APL Apollo) is one of India\u2019s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company runs 10 manufacturing facilities churning out over 1,500 varieties of MS Black Pipes, Galvanised Tubes, Pre-Galvanised Tubes, Structural ERW Steel Tubes and Hollow Sections to serve industry applications like\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/G-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/G-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/G-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/G-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/G-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/G-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140692"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140692\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}