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Informist, Monday, Aug. 3, 2026

 

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--APL Apollo: Confident of achieving 20?ITDA growth in FY27 
--CONTEXT: Comments from APL Apollo mgmt in post-earnings analyst call 
--APL Apollo: Contemplating another plant in either Maharashtra or Tamil Nadu 
--APL Apollo: Plan to raise value added pdt in total sales at 75-80% from 55% 
--APL Apollo: See Q2 better than Q1 in sales volume, absolute EBITDA 
--APL Apollo: Targeting to maintain 60-65% market share 
--APL Apollo:Aim INR 6,000 EBITDA/tn in 2-3 yrs when capacity touches 8 mtpa 
--APL Apollo: Targeting INR 6,000 as EBITDA/tn for next 2-3 yrs 
--APL Apollo: Solar capacity addition to contribute 4-5% of co's total vol

 

By Astha Oriel and Avishek Rakshit 

 

NEW DELHI/KOLKATA – APL Apollo Tubes Ltd. is confident of acheiving a 20% growth in earnings before interest, tax, depreciation, amortisation in 2026-27 (Apr-Mar) as it aims to increase the share of value-added products from 55% to almost 75-80% with the capacity expansion by FY28. The company is targetting its structural steel capacity at 8 million tonnes by FY28. 

 

"In the month of July, the volumes are up by 20% on month-on-month basis. We, of course, reached some uprisings for some of the product categories, so we do expect that our EBITDA spreads will remain in the range of INR 5,000 to INR 5,500 per tonne throughout the year. For the full year, we do expect and we are confident that we will be able to achieve 20% growth in absolute EBITDA," a senior company official told management in post-earnings conference call. 

 

The company is aiming for INR 6,000 as EBITDA per tonne over the next two-three years, when the capacity ramps up. "Going forward, as our whole value-added product portfolio keeps on increasing, the idea is to improve EBITDA spreads...And our target is that APL Apollo at 8 million tonnes should be generating INR 6,000 per tonne EBITDA over the next two-three years, when we ramp up this capacity," the official said. 

 

 

The company expects the September quarter to perform better than the June quarter in terms of sales volume and absolute EBITDA. For the June quarter, the company's EBITDA was INR 4.11 billion. The company's volume was 745,000 tonnes as against 794,000 tonnes in the year-ago quarter. "This pertains to our pricing strategy which we adopted in the month of January of 2025 where we decided that we need to reposition APL Apollo branded products in the market and we increased the pricing by almost INR 500 per tonne. So, that is what boosted our EBITDA spreads starting the month of February," the official said. 

 

The company's EBITDA per tonne was INR 5,522, higher than the INR 4,683 per tonne in the year-ago quarter. The company is targetting to maintain 60-65% market share going ahead. The company is contemplating to add another 500,000 million tonne plant in Maharshtra or Tamil Nadu or North Karnataka, as per the official.

 

The official said the company's solar capacity addition will contribute 4-5% of its company's total volume in the next few years. The company reported 11% on year rise in its consolidated net profit to INR 2.63 billion, on revenues of INR 56.07 billion. At 1354 IST, shares of the company traded 6.6% higher at INR 1,939.50 on the National Stock Exchange.  End 

 

Edited by Akul Nishant Akhoury

 

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