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APL Apollo Tubes (533758) investor relations material
APL Apollo Tubes Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2FY27 set quarterly records with volume of 963,143 tons (+13% YoY), EBITDA of ₹5.778bn (+29%) and PAT of ₹382.42 crore (+27%).
H1FY27 revenue was ₹12,608.41 crore, EBITDA ₹9.9bn and PAT ₹645.53 crore, up 22%, 21% and 20% YoY, respectively.
Financial highlights
Q2FY27 consolidated revenue from operations was ₹7,001.70 crore versus ₹5,531.28 crore YoY; profit before tax was ₹499.70 crore versus ₹386.36 crore.
Q2 EBITDA per ton was ₹5,999, up 15% YoY and 9% QoQ; net profit was ₹382.42 crore. Interest cost rose 90% YoY to ₹524mn.
Standalone Q2 revenue was ₹4,655.61 crore and PAT ₹265.13 crore; H1 standalone revenue was ₹8,457.49 crore and PAT ₹412.11 crore.
H1FY27 EBITDA per ton was ₹5,791, up 17% YoY; cash profit was ₹7.7bn, up 18%.
Outlook and guidance
Management retained 20% FY27 absolute EBITDA growth guidance; Q3 EBITDA per ton may repeat or exceed ₹6,000, while H2 branded and roofing growth is expected to remain double digit.
2HFY27 is expected to outperform H1, with demand supported by higher government infrastructure budget allocations.
Capacity is planned to increase from 5mn to 8mn tons by FY28 through 2mn tons of greenfield/brownfield expansion and 1mn ton of debottlenecking and modernization.
FY28 EBITDA of ₹3,000 crore was discussed conditionally, subject to UAE recovery, domestic steel availability and lower container rates.
- FY24 growth and a net-cash position contrasted with lower Q4 EBITDA per ton.533758
Q4 23/24 - Sales surged 55.95% as expansion advanced toward 1 million TPA by 2015.533758
Q4 11/12 - Profit surged as Hosur expansion and value-added products supported ambitious growth targets.533758
Q4 09/10 - FY11 growth accelerated as capacity reached 490,000 MTPA, with 1 million MTPA targeted by 2015.533758
Q4 10/11 - Revenue and volumes climbed, but margin pressure cut PAT as expansion targets accelerate.533758
Q4 13/14 - Revenue rose 34% as production scaled up and EBITDA margin expanded to 6.92%.533758
Q4 15/16 - Revenue grew 25%, while DFT expansion targets 2 million MTPA capacity.533758
Q4 17/18 - Sales and PAT surged in FY13 as expansion targeted 1 MTPA capacity by 2015.533758
Q4 12/13 - Volume and revenue advanced, while falling steel prices drove inventory losses and margin pressure.533758
Q4 14/15
Next APL Apollo Tubes earnings date
Next APL Apollo Tubes earnings date
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