APL Apollo Tubes Limited

BSE:533758 Stock Report

Market Cap: ₹528.5b

APL Apollo Tubes Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sanjay Gupta

Chief executive officer

₹43.9m

Total compensation

CEO salary percentage100.00%
CEO tenure14.1yrs
CEO ownership0.002%
Management average tenure2.5yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

533758: Updated Return And Margin Assumptions Will Shape A More Balanced Outlook

Analysts have trimmed their fair value estimate for APL Apollo Tubes slightly from about ₹2,280 to around ₹2,250. This reflects updated assumptions on growth, margins and future P/E that feed into their refreshed price target framework.

533758: Upcoming Results And Steady Assumptions Will Support An Undervalued Outlook

Analysts have kept their fair value estimate for APL Apollo Tubes steady at about ₹2,280 per share, with only minor tweaks to assumptions such as the discount rate, revenue growth and future P/E that do not materially change their overall view. What's in the News A board meeting is scheduled for January 22, 2026, at 12:30 Indian Standard Time to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).

533758: Upcoming Board Results Will Support A Steady And Undervalued Outlook

The analyst price target for APL Apollo Tubes has inched up by about ₹5 to ₹2,279.82, with analysts pointing to largely unchanged assumptions on revenue growth, profit margins and future P/E that still support a similar valuation profile. What's in the News Board meeting scheduled for January 22, 2026, at 12:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).

533758: Upcoming Results Will Support A Steady Outlook With Slightly Firmer Assumptions

Analysts have nudged their fair value estimate for APL Apollo Tubes from ₹2,216.59 to ₹2,274.88, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Board meeting scheduled for January 22, 2026, at 12:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).

533758: Upcoming Result Review Will Support A Slightly Firmer Yet Balanced Outlook

Analysts have raised their price target for APL Apollo Tubes from ₹2,176 to ₹2,217, reflecting updated assumptions around the discount rate, revenue growth of about 18.4%, a profit margin near 6.0% and a slightly higher future P/E multiple. What's in the News A board meeting is scheduled for January 22, 2026, at 12:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results.

533758: Upcoming Result Review Will Support A Slightly Firmer Yet Balanced Outlook

Analysts have raised their fair value estimate for APL Apollo Tubes from ₹1,984.94 to ₹2,176.06, citing updated assumptions related to revenue growth, profit margins and future P/E levels. What's in the News Board meeting scheduled for January 22, 2026 at 12:30 Indian Standard Time to consider and approve unaudited standalone financial results for the quarter and nine month period ended December 31, 2025.

Capacity Expansion And Brand Pricing Power Will Reshape Long Term Earnings Potential

Catalysts About APL Apollo Tubes APL Apollo Tubes manufactures structural steel tubes and related steel products used across construction and industrial applications. What are the underlying business or industry changes driving this perspective?

533758: Upcoming Result Reviews Will Support A Slightly Firmer Yet Balanced Outlook

Analysts have raised their price target on APL Apollo Tubes to ₹1,985 from ₹1,961, citing slightly higher assumptions for revenue growth, profit margins and future P/E, along with a modestly lower discount rate in their updated models. What's in the News A board meeting is scheduled on Jan 22, 2026, to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).

533758: Upcoming Results Meeting Will Support A Measured Fairly Balanced Outlook

Analysts have inched up their fair value estimate for APL Apollo Tubes from ₹1,955.47 to ₹1,961.06, reflecting small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E. What's in the News The board meeting is scheduled for October 29, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter ended September 30, 2025, and the half year ended on the same date (Key Developments).

533758: Upcoming Board Meeting And Dividend Will Support Bullish Outlook

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).

533758: Upcoming Board Meeting And New Auditor Will Drive Confidence

Analysts have slightly raised their price target for APL Apollo Tubes from ₹1,935.94 to ₹1,955.47, citing modest improvements in expected profit margins, which offset a slightly lower revenue growth outlook. What's in the News The board of APL Apollo Tubes will meet on October 29, 2025 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2025 (Board Meeting).

533758: Board Meeting, Auditor Change And Dividend To Shape Outlook

Analysts have raised their price target for APL Apollo Tubes from ₹1,917.31 to ₹1,935.94. They cited modest improvements in estimated revenue growth and a slightly higher discount rate influencing valuations.

533758: Board Decisions And Dividend Will Support Stability Amid Sector Shifts

Narrative Update on APL Apollo Tubes: Analyst Price Target Revision Analysts have raised their price target on APL Apollo Tubes from ₹1,852.06 to ₹1,917.31. This change reflects updated views on the company’s fair value, even though analysts have projected slightly lower revenue growth and a modest decline in profit margin estimates.

Global Capex Revival And New Capacity Will Fuel Steel Demand

Both the discount rate and future P/E for APL Apollo Tubes remained virtually unchanged, resulting in no material adjustment to the consensus analyst price target, which stays at ₹1852. What's in the News Board meeting scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended 30th June 2025.
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Automation And Solar Steel Innovations Will Ignite Earnings Growth And Market Expansion

Targeting substantial sales growth via market expansion and new production facilities, improving revenue and market presence in East India and South including Nepal and Bhutan.

CEO Compensation Analysis

How has Sanjay Gupta's remuneration changed compared to APL Apollo Tubes's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

₹11b

Sep 30 2025n/an/a

₹10b

Jun 30 2025n/an/a

₹8b

Mar 31 2025₹44m₹44m

₹8b

Dec 31 2024n/an/a

₹6b

Sep 30 2024n/an/a

₹6b

Jun 30 2024n/an/a

₹7b

Mar 31 2024₹72m₹48m

₹7b

Dec 31 2023n/an/a

₹8b

Sep 30 2023n/an/a

₹8b

Jun 30 2023n/an/a

₹7b

Mar 31 2023₹35m₹35m

₹6b

Dec 31 2022n/an/a

₹6b

Sep 30 2022n/an/a

₹5b

Jun 30 2022n/an/a

₹5b

Mar 31 2022₹35m₹35m

₹6b

Dec 31 2021n/an/a

₹5b

Sep 30 2021n/an/a

₹5b

Jun 30 2021n/an/a

₹5b

Mar 31 2021₹4m₹4m

₹4b

Dec 31 2020n/an/a

₹3b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹35m₹35m

₹2b

Compensation vs Market: Sanjay's total compensation ($USD463.10K) is below average for companies of similar size in the Indian market ($USD761.69K).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.

CEO

Sanjay Gupta (54 yo)

14.1yrs
Tenure
₹43,900,000
Compensation

Mr. Sanjay Gupta is an Additional Executive Director of Indo Rama Synthetics (India) Limited since January 31, 2026. He serves as Managing Director at APL Apollo Tubes Limited since November 11, 2019. He h...

Leadership Team

NamePositionTenureCompensationOwnership
Sanjay Gupta
Executive Chairman & MDno data₹43.90m0.0016%
₹ 8.6m
Chetan Khandelwal
Chief Financial Officer2.5yrs₹12.80mno data
Vipul Jain
Company Secretary & Compliance Officer1.6yrs₹3.10mno data
Deepak Goyal
Whole-Time Director & Director of Operations2.5yrs₹18.40mno data
Rahul Gupta
MD of Apollo Tricoat & Directorno datano datano data
Chakram Singh
COO & Whole-Time Directorno datano datano data
Vaibhaav Sharma
Chief Information Officer2.6yrsno datano data
Ravindra Tiwari
Chief Sales & Marketing Officerless than a yearno datano data
Pankaj Sharma
Chief Human Resource Officer1.7yrsno datano data
Anubhav Gupta
Chief Strategy Officer6.6yrsno datano data
Utkarsh Dwivedi
Chief Executive Officer of Dubai Operationsno datano datano data
Amit Thakur
Head of Procurementno datano datano data
2.5yrs
Average Tenure
47yo
Average Age

Experienced Management: 533758's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sanjay Gupta
Executive Chairman & MD14.1yrs₹43.90m0.0016%
₹ 8.6m
Deepak Goyal
Whole-Time Director & Director of Operationsno data₹18.40mno data
Rahul Gupta
MD of Apollo Tricoat & Director4.7yrsno datano data
Chakram Singh
COO & Whole-Time Directorless than a yearno datano data
Rajeev Anand
Non-Executive Independent Director2yrs₹650.00kno data
Vinay Gupta
Non Executive Director18yrsno datano data
Ashok Gupta
Vice Chairman14.6yrs₹650.00k0.000030%
₹ 158.6k
Dinesh Mittal
Non-Executive Independent Director2yrs₹400.00kno data
Upendra Hosdurg Kamath
Independent Director2.6yrs₹800.00kno data
Dukhabandhu Rath
Additional Independent Non-Executive Directorless than a yearno datano data
Rakesh Sharma
Additional Independent Non-Executive Directorless than a yearno datano data
Asha Agarwal
Independent Director2.6yrs₹750.00kno data
2.6yrs
Average Tenure
62yo
Average Age

Experienced Board: 533758's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 21:04
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

APL Apollo Tubes Limited is covered by 36 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sailesh Raja360 ONE Capital Market Private Limited
null null360 ONE Capital Market Private Limited
Nitin BhasinAmbit Capital