APL Apollo Tubes' Q2 FY 2025-26 Quarterly Results

Result Summary

• APL Apollo Tubes Ltd reported a 0.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.2%.
• Its expenses for the quarter were down by 0.8% QoQ and up 2.7% YoY.
• The net profit increased 27.1% QoQ and increased 460.4% YoY.
• The earnings per share (EPS) of APL Apollo Tubes Ltd stood at 10.86 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

APL Apollo Tubes Ltd is a prominent player in the steel tube manufacturing industry, specializing in the production of a wide range of steel pipes and tubes. The company operates within the construction and infrastructure sectors, providing essential materials used in building structures, industrial applications, and various engineering projects. As one of the leading manufacturers in its field, APL Apollo Tubes Ltd has established a substantial market presence, driven by its extensive product portfolio and a focus on innovation and quality. While specific recent developments in the company are not detailed in the provided data, APL Apollo Tubes Ltd continues to maintain a strong position in the market, supported by its robust financial performance and strategic initiatives.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), APL Apollo Tubes Ltd reported a total income of ₹5231.37 crores. This reflects a quarter-over-quarter (QoQ) increase of 0.7% compared to the first quarter of fiscal year 2026 (Q1FY26), where the total income was ₹5195.34 crores. Additionally, there was a significant year-over-year (YoY) growth of 9.2% when compared to the second quarter of fiscal year 2025 (Q2FY25), which recorded a total income of ₹4788.69 crores. The upward trend in total income suggests a steady increase in the company's revenue streams over both short and longer-term periods.

Profitability

APL Apollo Tubes Ltd demonstrated notable improvements in profitability during the second quarter of fiscal year 2026. The company's profit before tax (PBT) for Q2FY26 stood at ₹386.36 crores, marking a substantial QoQ increase of 24.7% from Q1FY26, where the PBT was ₹309.95 crores. On a YoY basis, the PBT showed an impressive increase of 455.2% from Q2FY25, which registered a PBT of ₹69.59 crores. Correspondingly, the profit after tax (PAT) for Q2FY26 was ₹301.54 crores, reflecting a QoQ growth of 27.1% and a remarkable YoY increase of 460.4% from the same period in the previous fiscal year. This substantial growth in profitability is further supported by an increase in earnings per share (EPS) to ₹10.86 in Q2FY26, a rise from ₹8.54 in Q1FY26 and ₹1.94 in Q2FY25.

Operating Metrics

During Q2FY26, APL Apollo Tubes Ltd reported a total expense of ₹4845.01 crores, which is a decrease of 0.8% from the total expenses of ₹4885.39 crores in Q1FY26. On a YoY basis, there was an increase of 2.7% compared to the total expenses of ₹4719.10 crores in Q2FY25. The reduction in expenses on a QoQ basis, coupled with the increase in total income, contributed to the overall enhancement in the company's financial performance for the quarter. The tax expense for Q2FY26 was ₹84.82 crores, indicating an increase of 16.5% QoQ and 437.5% YoY. These operating metrics highlight the company's ability to manage expenses while achieving growth in income and profitability.