Are APL Apollo Tubes Ltd latest results good or bad?

APL Apollo Tubes Ltd has reported its financial results for the quarter ended December 2025, showcasing a significant achievement with record-breaking revenue of ₹5,815.13 crores. This reflects a year-on-year growth of 7.04% compared to ₹5,432.73 crores in the same quarter last year. The company also demonstrated strong profitability, with a consolidated net profit of ₹310.04 crores, marking a notable increase of 42.90% from ₹216.97 crores in the previous year.
The operating profit margin for the quarter stood at 8.35%, which, while showing a sequential moderation from the previous quarter's margin of 8.87%, represents a substantial improvement from the 6.56% margin recorded in Q3 FY25. This indicates the company's ability to enhance its operating leverage and manage costs effectively despite challenges in the raw material environment.

In terms of operational efficiency, APL Apollo's return on equity (ROE) was reported at 22.77%, reflecting strong capital efficiency. The company has successfully navigated a challenging market landscape, transitioning from a difficult Q2 FY25 to sustained profitability over the last four quarters.

The nine-month performance for FY2026 further underscores this trend, with consolidated net profit reaching ₹848.75 crores, representing a remarkable growth of 180% compared to the same period last year. This performance highlights APL Apollo's strong market position in India's structural steel tubes sector, driven by increased demand from infrastructure and construction activities.

Additionally, the company has seen an adjustment in its evaluation, reflecting the market's recognition of its operational excellence and growth potential. Overall, APL Apollo Tubes Ltd's latest results indicate a robust financial performance, underpinned by strong revenue growth and improved profitability metrics.