APL Apollo Tubes Reports Strong Financial Growth and Improved Market Position

APL Apollo Tubes, a prominent player in the Iron & Steel Products industry, has recently undergone an adjustment in evaluation by MarketsMOJO. This revision reflects the company's robust financial metrics and market position. In the first quarter of FY25-26, APL Apollo Tubes reported a notable growth in net sales, achieving an annual growth rate of 25.30%. Operating profit also demonstrated strength, with a growth rate of 26.77%.
The company's ability to manage debt is highlighted by a low Debt to EBITDA ratio of 0.34 times, indicating a strong capacity to service its obligations. Additionally, the profit before tax (PBT) for the quarter reached Rs 284.38 crore, marking a growth of 25.11%, while the profit after tax (PAT) stood at Rs 237.17 crore, reflecting a growth of 22.8%.

With a return on capital employed (ROCE) averaging 26.81% and a return on equity (ROE) of 18, APL Apollo Tubes maintains a fair valuation with a price to book value of 10.2. The stock is currently trading at a discount compared to its peers' historical valuations, and institutional holdings are strong at 49.88%, having increased by 1.36% over the previous quarter.

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