APL Apollo Tubes Limited
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| Public | |
| Traded as | NSE: APLAPOLLO BSE: 533758 |
| ISIN | 🆔 |
| Industry | Steel |
| Founded 📆 | February 24, 1986 (as Bihar Tubes Limited)[1] |
| Founder 👔 | Sudesh Kumar Gupta |
| Headquarters 🏙️ | , , India |
Area served 🗺️ | |
Key people | Sanjay Gupta (Chairman & MD) Ashok Kumar Gupta (Vice Chairman)[2][3] |
| Products 📟 | Steel tubes and pipes |
| Revenue🤑 |  ₹9,062.40 crore (US$1.3 billion)[4] (2022) |
| ₹422.29 crore (US$59 million)[5] (2022) | |
| ₹287.13 crore (US$40 million)[4] (2022) | |
| Total equity | ₹50.06 crore (US$7.0 million)[4] (2022) |
| Members | |
Number of employees | 2031[6] (2021) |
| 🌐 Website | aplapollo |
| 📇 Address | |
| 📞 telephone | |
APL Apollo Tubes is an Indian steel tube manufacturing company headquartered in Delhi, India.[7] It operates 11 manufacturing facilities with an overall capacity of 2.6 million tonnes.[8][9][10] The company has established a distribution network in 29 cities across the country.[11] APL Apollo Tubes also exports galvanised steel tubes, steel pipes, welded black pipes and tubes to 20 countries across the globe and is one of India's largest steel tube manufactures.[11][12] As of 2021, the company has a 50% market share in India’s structural steel tubes sector.[13] The company was founded on 24 February, 1986 as Bihar Tubes Limited.[14]
History[edit]
APL Apollo Tubes was founded by Sudesh Kumar Gupta on 24 February 1986 as Bihar Tubes Limited.[15] In 2010, Bihar Tubes Limited changed its name to APL Apollo Tubes Limited.[14] The company listed its shares on the National Stock Exchange of India in December 2011.[16] In 2021, the boards of APL Apollo Tubes and Apollo Tricoat Tubes approved the merger of Apollo Tricoat Tubes and Shri Lakshmi Metal Udyog with APL Apollo Tubes.[17]
Products and operations[edit]
APL Apollo Tubes manufactures a variety of steel tubes and pipes.[18] The company’s products include structural steel tubes, hollow section tubes, mild steel black pipes, pre-galavanized and galvanized tubes.[18] As of 2021, APL Apollo serves 1500 stock keeping units and is also the lowest cost producer for branded steel tubes.[19] Some of the company's brands include Apollo Fabritech, Apollo Column, Apollo Green, and Apollo Oval.[20] The company's products have building material applications, and are used in construction and infrastructure development.[21][22]
As of 2022, APL Apollo Tubes is also India's largest manufacturer of electric resistance welded steel pipes and sections.[23] APL Apollo Tubes accounts for 2% of India's steel consumption and 10% of the country's hot rolled coil consumption.[24] The company's products are also exported.[23]
Manufacturing facilities[edit]
APL Apollo Tubes has 11 manufacturing plants in India.[25] The company is the only Indian steel tubes company with manufacturing facilities across the country.[26] In 2021, APL Apollo Tubes produced 2 million tonnes of steel, which was lost to 2% of India’s steel production.[19] As of 2022, the company has an annual production capacity of 2.6 million tonnes.[27] APL Apollo tubes' is expanding its Raipur plant, which will add 1.5 million metric tonnes to the company's production capacity, and the plant is projected to start operations in 2023.[28]
References[edit]
- ↑ "APL Apollo Tubes > Company History > Steel - Tubes & Pipes > Company History of APL Apollo Tubes - BSE: 533758, NSE: APLAPOLLO". www.moneycontrol.com. Retrieved 2022-12-13.
- ↑ "Mr. Sanjay Gupta". APL Apollo. Retrieved 2022-12-30.
- ↑ "Mr. Ashok Kumar Gupta". APL Apollo. Retrieved 2022-12-30.
- ↑ 4.0 4.1 4.2 "APL Apollo Tubes Ltd - Financial Results Summary". BSE India. Retrieved 2023-01-02.}}
- ↑ "APL Apollo Tubes Yearly Results, Financial summary, APL Apollo Tubes Yearly Earnings". The Economic Times. Retrieved 2023-01-02.
- ↑ "Annual-Report - 2021-22" (PDF). APL Apollo. p. 129.
- ↑ "About us". APL Apollo. Retrieved 2022-12-21.
- ↑ "APL Apollo sales grow 27% to over 5.5 lakh tonne in January-March". Moneycontrol. Retrieved 2022-12-02.
- ↑ Livemint (2021-09-16). "APL Apollo Tubes stock trades ex-bonus, shares surge to new high". mint. Retrieved 2022-12-02.
- ↑ ETTUMANUR, JOSMA (2022-02-11). Stock To Buy in 2022. Scriptor Publication. ISBN 978-93-92203-35-0. Search this book on
- ↑ 11.0 11.1 "APL Apollo Tubes shares rise 4% on record September quarter sales". Business Today. 2022-10-03. Retrieved 2022-12-02.
- ↑ Capital Market (2021-04-01). "APL Apollo Q4 sales volume rises 8.6% YoY". Business Standard India. Retrieved 2022-12-09.
- ↑ Livemint (2021-08-16). "This building material stock is Axis Securities' top pick for the week". mint. Retrieved 2023-01-05.
- ↑ 14.0 14.1 "APL Apollo Tubes History | APL Apollo Tubes Information". The Economic Times. Retrieved 2022-12-13.
- ↑ "APL Apollo Tubes: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of APL Apollo Tubes - NDTV". NDTV. Retrieved 2022-12-22.
- ↑ "APL Apollo Tubes Ltd". Business Standard India. Retrieved 2022-12-30.
- ↑ Batra, Ekta; D'Souza, Nigel (2021-03-02). "APL Apollo, Apollo Tricoat set to merge; management looking at strong margin expansion". CNBC TV 18. Retrieved 2023-01-02.
- ↑ 18.0 18.1 "APLA.NS - Apl Apollo Tubes Ltd | Stock Price & Latest News | Reuters". Reuters. Retrieved 2023-01-03.
- ↑ 19.0 19.1 HT Brand Studio (2021-03-17). "Anubhav Gupta: Catapulting APL Apollo to strategic heights". mint. Retrieved 2023-01-03.
- ↑ "APLAPOLLO Stock Report - APLAPOLLO Stock Insights, APLAPOLLO Stock Analysis and details". The Economic Times. Retrieved 2023-01-03.
- ↑ "APL Apollo receives design patents for 6 innovative products". ANI News. Retrieved 2023-01-03.
- ↑ Brand Post (2021-12-20). "Anubhav Gupta of APL Apollo on roping in Tiger Shroff as brand ambassador". Hindustan Times. Retrieved 2023-01-03.
- ↑ 23.0 23.1 CNBC-TV18 (2022-08-23). "APL Apollo Tubes fixes Sept 5 as record date for dividend payment". CNBC TV18. Retrieved 2023-01-04.
- ↑ Jhaveri, Manthan (17 July 2020). "APL Apollo Tubes" (PDF). HDFC securities. Retrieved 6 January 2023.
- ↑ "APL Apollo Tubes Limited: Ratings reaffirmed" (PDF). ICRA. 17 November 2022. p. 4.
- ↑ Damania, Jatin (21 July 2021). "APL APOLLO TUBES LTD (APAT)" (PDF). Kotak Securities. p. 1. Retrieved 9 January 2023.
- ↑ Das, Vipul (2022-08-23). "Multibagger stock fixes record date for dividend: Key takeaways to note". mint. Retrieved 2023-01-03.
- ↑ Kumar, Sumant (25 January 2022). "APL Apollo Tubes" (PDF). Motilal Oswal. p. 1. Retrieved 9 January 2023.
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