What we do APL Apollo Tubes Ltd is India's largest and most innovative structural steel tubes and pipes manufacturer providing a wide range of steel products for industrial and infrastructure applications. |
Founded in 1,986 |
Market share Market leader in India’s structural steel tube sector with over 5 million tonnes annual capacity and extensive distribution network covering 300+ towns. |
Problem solved Provides durable, high-quality steel tubes addressing construction, infrastructure, and industrial needs with innovative, eco-friendly solutions replacing conventional materials. |
Top clients or who we serve Serves construction, urban infrastructure, automobile, energy, irrigation, solar, and engineering sectors; operates mainly B2B and B2C with over 800 distributors. |
Key management Sanjay Gupta, Chairman & Managing Director, steel industry veteran with over 30 years of experience, leading the company's growth and innovation. |
Our journey and innovations Founded in 1986, expanded capacity with modern plants across India, pioneered color-coated pipes, patented window/door frames, embraced DFT technology and global acquisitions. |
Where we operate Operates manufacturing in India across multiple states and an international facility in Dubai serving Indian and UAE markets. |
Top products or what we offer Over 5,000 varieties of ERW steel tubes including MS Black, Galvanized, Pre-Galvanized Tubes, Structural Tubes and Hollow Sections for diverse sectors. |
Top brands APL Apollo (market leader structural steel tubes), Apollo Galv, Apollo Tricoat (high-margin coated tubes), Apollo Z (rust-proof tubes). |
Raw materials needed Primarily high-quality HR coil steel used in manufacturing steel tubes and pipes. |
Raw materials supplier Steel coils sourced from major domestic and international steel mills and suppliers. |
Recurring vs cyclical contribution Revenue is somewhat cyclical, linked to construction and infrastructure sector cycles but bolstered by diversified product portfolio and innovations. |
Our industry position India’s largest steel tube producer with industry-leading capacity, innovations, and distribution, positioned well for growth amid infrastructure boom. |
Financial highlights FY 24-25 consolidated revenue INR 20,690 Cr, PAT INR 757 Cr; 14% revenue growth; strong EBITDA and cash flow; ROE over 24%. |
Geographical revenue split Majority revenue from Pan-India operations with growing contribution from Dubai facility targeted at UAE and Middle East markets. |
Order book Currently engaged in multiple major projects including 16 railway stations and 17 airport projects, creating demand for approximately 450,000 tonnes of structural steel tubes. |
Whats driving growth Strong infrastructure spend, product innovation, expansions, capacity additions and strategic acquisitions drive robust volume and profit growth. |
Our future plans Capacity enhancement to 10 million tonnes by 2030 with focus on new greenfield plants, technology modernization, and new product development. |
Our green promise Committed to sustainability with 25% reduction in Scope 1 & 2 emissions by 2030, significant renewable energy use, and eco-friendly product innovations. |
Our people and values Emphasizes employee safety, diversity with female workforce growth targets, low attrition, and ethical corporate governance practices. |
Key challenges ahead Volatility in steel prices, economic slowdowns, regulatory challenges and global trade uncertainties may impact performance. |
Interesting facts APL Apollo saves approx. 250,000 trees annually by replacing wood with steel building products; first to launch color coated steel pipes in India. |
Risks and strategy Exposure to market cyclicality mitigated via innovation, diversification, and strong balance sheet; strategically expanding capacity and distribution to lead market. |