Stock Report

APL Apollo Tubes Reports Q1 FY27 Net Profit of ₹263.11 Crore; Total Income Crosses ₹5,600 Crore

Posted On : 2026-08-02 19:55:58( TIMEZONE : IST )

Structural steel tube manufacturer APL Apollo Tubes Limited (BSE: 533758 | NSE: APLAPOLLO) has announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered steady top-line execution, registering total income of ₹5,606.71 crore and generating a net profit of ₹263.11 crore for the quarter.

Top-Line Revenue Performance

During Q1 FY27, APL Apollo Tubes expanded its operational revenue compared to the corresponding period of the previous year:

Sale of Products: Reached ₹5,438.21 crore in Q1 FY27, compared to ₹5,002.81 crore in Q1 FY26. Sequentially, product sales stood at ₹6,075.98 crore in Q4 FY26.

Other Operating Income: Stood at ₹168.50 crore in Q1 FY27, up from ₹166.96 crore in Q1 FY26 and ₹193.18 crore in Q4 FY26.

Total Revenue from Operations: Reached ₹5,606.71 crore in Q1 FY27, up 7.70% YoY from ₹5,169.77 crore in Q1 FY26.

Other Income: Contributed ₹39.52 crore during the quarter.

Total Income: Reached ₹5,646.23 crore in Q1 FY27, against ₹5,195.34 crore in Q1 FY26 and ₹6,305.65 crore in Q4 FY26.

Operating Expenditure Breakdown

Total expenses for Q1 FY27 amounted to ₹5,293.80 crore, compared to ₹4,885.39 crore in Q1 FY26 and ₹5,849.04 crore in Q4 FY26. The major expense heads were:

Cost of Materials Consumed: Stood at ₹4,686.93 crore, versus ₹4,132.56 crore in Q1 FY26 and ₹4,508.30 crore in Q4 FY26.

Purchase of Stock-in-Trade: Totaled ₹236.30 crore, compared to ₹189.98 crore in Q1 FY26 and ₹530.36 crore in Q4 FY26.

Changes in Inventories: Recorded an adjustment of ₹(206.39) crore in Q1 FY27, compared to ₹57.78 crore in Q1 FY26 and ₹229.30 crore in Q4 FY26.

Employee Benefits Expense: Stood at ₹106.09 crore, against ₹96.17 crore in Q1 FY26 and ₹92.96 crore in Q4 FY26.

Finance Costs: Stood at ₹38.94 crore, versus ₹33.26 crore in Q1 FY26 and ₹31.65 crore in Q4 FY26.

Depreciation & Amortization: Amortized expense reached ₹59.43 crore, compared to ₹54.36 crore in Q1 FY26 and ₹59.26 crore in Q4 FY26.

Other Expenses: Totaled ₹372.50 crore in Q1 FY27, against ₹324.49 crore in Q1 FY26 and ₹394 crore in Q4 FY26.

Profitability & Net Earnings Summary

Profit Before Tax (PBT): Stood at ₹352.43 crore in Q1 FY27, compared to ₹309.98 crore in Q1 FY26 and ₹456.61 crore in Q4 FY26.

Total Tax Expense: Stood at ₹89.32 crore (comprising current tax of ₹69.03 crore, prior period tax adjustments of ₹20.29 crore, and a deferred tax credit of ₹0.18 crore), compared to ₹72.78 crore in Q1 FY26.

Profit After Tax (PAT): Net profit reached ₹263.11 crore in Q1 FY27, compared to ₹237.17 crore in Q1 FY26 and ₹354.35 crore in Q4 FY26.

Total Comprehensive Income: Reached ₹273.22 crore in Q1 FY27 (inclusive of Other Comprehensive Income of ₹10.11 crore), compared to ₹255.95 crore in Q1 FY26 and ₹381.63 crore in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter stood at ₹9.48 per share (face value of ₹2 each), compared to ₹8.54 per share in Q1 FY26 and ₹12.76 per share in Q4 FY26.

Mr. Sanjay Gupta, Chairman, APL Apollo, comments on Q1FY27 results "The company reported Q1FY27 sales volume of 744,823 Ton which was below our own expectations. The demand for the structural steel tubes was soft due to the geopolitical situation and challenging macroeconomic environment. However, the quarterly EBITDA of Rs5,522 per ton demonstrates APL Apollo's strengths such as improving sales mix and brand power. Better margins resulted in EBITDA growth of 11% YoY and Net Profit growth of 11% YoY.

We expect demand conditions to improve in the coming quarters on the back of an improved government budget allocation for the infrastructure sector. We are ready with our capacity, product range, distribution network and brand pull. Henceforth we expect 2HFY27 to perform much better than 1HFY27. The company's commitment to delivering exceptional quality, coupled with its unwavering dedication to customer satisfaction, has propelled it to the forefront of the industry. We continue to remain prudent with our working capital management, which remains best in the construction material sector".

Shares of APL Apollo Tubes Limited was last trading in BSE at Rs. 1818.80 as compared to the previous close of Rs. 1893.15. The total number of shares traded during the day was 143018 in over 6210 trades.

The stock hit an intraday high of Rs. 1904.50 and intraday low of 1804.65. The net turnover during the day was Rs. 264722506.00.