Update shared on 15 Dec 2025
Analysts have modestly maintained their price target on APL Apollo Tubes at ₹1,955.47, with the unchanged fair value reflecting their view that slightly higher discount and earnings multiples are still justified by the company’s resilient growth and stable profitability outlook.
What's in the News
- Board meeting scheduled for October 29, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
- Shareholders at the 40th AGM on September 15, 2025, approved a change in statutory auditors, with Deloitte Haskins and Sells LLP completing their second five-year term and Walker Chandiok & Co. LLP appointed for a new five-year tenure up to the 45th AGM in 2030 (AGM resolution).
- Final dividend of INR 5.75 per fully paid equity share of INR 2, representing 287.5 percent of face value, approved for the financial year ended March 31, 2025, at the 40th AGM (AGM resolution).
Valuation Changes
- Fair Value: Unchanged at ₹1,955.47 per share, indicating no revision in the base intrinsic valuation estimate.
- Discount Rate: Risen slightly from 14.48 percent to 14.62 percent, implying a marginally higher required return on equity risk.
- Revenue Growth: Effectively unchanged at about 16.67 percent, reflecting a steady medium term top line growth outlook.
- Net Profit Margin: Stable at roughly 5.78 percent, with only an immaterial downward adjustment in the modelled long term margin.
- Future P/E: Risen slightly from 41.67x to 41.83x, suggesting a modestly higher multiple being applied to forward earnings.
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