₹1,771 - That's What Analysts Think APL Apollo Tubes Limited (NSE:APLAPOLLO) Is Worth After These Results

It's been a good week for APL Apollo Tubes Limited (NSE:APLAPOLLO) shareholders, because the company has just released its latest third-quarter results, and the shares gained 3.1% to ₹1,560. It was a workmanlike result, with revenues of ₹54b coming in 3.7% ahead of expectations, and statutory earnings per share of ₹7.82, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for APL Apollo Tubes

Taking into account the latest results, the current consensus from APL Apollo Tubes' 16 analysts is for revenues of ₹259.4b in 2026. This would reflect a major 30% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 88% to ₹43.01. Before this earnings report, the analysts had been forecasting revenues of ₹260.5b and earnings per share (EPS) of ₹43.44 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The consensus price target rose 5.0% to ₹1,771despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of APL Apollo Tubes' earnings by assigning a price premium. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on APL Apollo Tubes, with the most bullish analyst valuing it at ₹2,000 and the most bearish at ₹1,117 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 23% growth on an annualised basis. That is in line with its 21% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 13% per year. So although APL Apollo Tubes is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple APL Apollo Tubes analysts - going out to 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for APL Apollo Tubes you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.