AI Summary
✦ ClarthaAPL Apollo Tubes is an Indian manufacturer and seller of structural steel tubes. Construction and infrastructure tubes anchor revenue, while galvanized products serve industrial and agricultural applications. Tricoat, designer pipes, door frames, black plumbing tubes, and pre-galvanized sections broaden applications. The 8.4% revenue beat suggests stronger demand conversion, supporting 11.9% reported growth and improving margins. Profit growth of 58.9% materially exceeds revenue growth, indicating operating leverage and better earnings quality, although ROE is unavailable. Debt/equity of 9.40 signals extreme leverage, magnifying both reported returns and downside risk. At 43.9 times earnings, the shares appear rich relative to 11.9% growth despite recent execution. The central investor question is whether margin gains can persist while leverage remains elevated.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 21 analysts
Fundamentals
Fundamentals institutional score is 83 using growth durability 83.0.
Valuation
Valuation institutional score is 62 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 60 using mean target upside 12.8%; dispersion penalty 23.1; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 35 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
This data source has not been supplied for the decision payload.
Signal Summary
Market intelligence remains Neutral. fundamentals provide support, while technical structure remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 24.0% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.71). Confidence: 88%.
Live forward EPS implies next-12-month EPS of ₹63.55. Applying the stock's normalized valuation corridor produces a fair range of ₹2,189.30 to ₹2,571.23, with base value near ₹2,311.95 (+15.8% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹63.55
Forward P/E
31.4x
Base Fair Value
₹2,311.95
Fair Range
₹2,189.30 - ₹2,571.23
Upside To Base
+15.8%
Estimate Source
Live forward EPS
Growth Estimate
+11.0%
5Y Average
32.14
Current
45.10
Overvalued
40.46
Undervalued
34.45
5Y Average
21.44
Current
30.08
Overvalued
25.04
Undervalued
16.59
5Y Average
11.30
Current
10.47
Overvalued
11.91
Undervalued
10.47
Peers & Comparison
Sector: Industrials · Theme: Building Products - Pipes
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
STEEL AUTHORITY OF INDIA SAILBuilding Products - Pipes | +1.3% | 3.8% | 16.8x Undervalued | -37% vs avg | +39.5% |
RATNAMANI MET & TUB LTD. RATNAMANIBuilding Products - Pipes | -8.5% | 9.9% | 36.3x Premium | +37% vs avg | -4.1% |
JINDAL SAW LIMITED JINDALSAWBuilding Products - Pipes | +9.0% | 3.6% | 26.3x Fair | -1% vs avg | +34.6% |
APL APOLLO TUBES LTD trades at a premium (45.1x vs peer avg 26.5x), implying higher growth or quality expectations from the Building Products - Pipes cohort. Peers include STEEL AUTHORITY OF INDIA, RATNAMANI MET & TUB LTD., JINDAL SAW LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹3.80K CrJun 2026Latest net profit
₹147 CrJun 2026Latest EPS
₹5.29Jun 2026Net margin
6.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,649 | 3,725 | 3,146 | 3,339 | 3,501 | 3,321 | 3,781 | 3,757 | 3,373 | 3,186 | 4,010 | 4,216 | 3,802 |
| Expenses + | 3,416 | 3,517 | 2,977 | 3,244 | 3,358 | 3,272 | 3,635 | 3,555 | 3,179 | 3,004 | 3,802 | 3,913 | 3,585 |
| Operating Profit | 233 | 208 | 169 | 96 | 143 | 50 | 146 | 202 | 194 | 183 | 208 | 303 | 217 |
| OPM % | 6% | 6% | 5% | 2.9% | 4.1% | 1.5% | 3.9% | 5% | 6% | 6% | 5% | 7% | 6% |
| Other Income + | 17 | 14 | 11 | 14 | 13 | 12 | 20 | 35 | 17 | 17 | 17 | 30 | 50 |
| Interest | 13 | 12 | 13 | 12 | 10 | 27 | 31 | 27 | 27 | 26 | 29 | 31 | 38 |
| Depreciation | 24 | 25 | 28 | 24 | 23 | 23 | 25 | 30 | 27 | 31 | 31 | 32 | 29 |
| Profit before tax | 214 | 185 | 139 | 75 | 123 | 12 | 110 | 179 | 156 | 142 | 165 | 271 | 199 |
| Tax % | 25% | 28% | 26% | 23% | 25% | 49% | 22% | 16% | 26% | 25% | 27% | 24% | 26% |
| Net Profit + | 161 | 133 | 103 | 57 | 92 | 6 | 86 | 151 | 116 | 106 | 120 | 205 | 147 |
| EPS in Rs | 5.79 | 4.79 | 3.71 | 2.07 | 3.33 | 0.21 | 3.11 | 5.44 | 4.18 | 3.83 | 4.31 | 7.39 | 5.29 |
| Raw PDF | |||||||||||||
| YOY Sales Growth % | 19.22% | -1.23% | -16.37% | -9.40% | -4.04% | -10.83% | 20.22% | 12.49% | -3.68% | -4.07% | 6.05% | 12.23% | 12.73% |
| Material Cost % | 88% | 89% | 89% | 92% | 90% | 93% | 90% | 89% | 88% | 88% | 89% | 87% | 88% |
| Employee Cost % | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% |
| Other income normal | 17.34 | 14.39 | 10.75 | 14.19 | 13.34 | 11.65 | 19.90 | 34.65 | 17.19 | 16.74 | 17.40 | 29.90 | 49.50 |
| Profit excl Excep | 161 | 133 | 103 | 57 | 92 | 6 | 86 | 151 | 116 | 106 | 120 | 205 | 147 |
| Profit for PE | 161 | 133 | 103 | 57 | 92 | 6 | 86 | 151 | 116 | 106 | 120 | 205 | 147 |
| Profit for EPS | 161 | 133 | 103 | 57 | 92 | 6 | 86 | 151 | 116 | 106 | 120 | 205 | 147 |
| YOY Profit Growth % | 52% | 9% | -23% | -62% | -42% | -96% | -16% | 163% | 26% | 1,695% | 39% | 36% | 27% |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome