APL Apollo Tubes - Navigating Market Challenges
In this report, we have highlighted the current demand trend in the domestic structural tubes industry based on our channel checks.
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APL Apollo Tubes - Macro Headwinds Drive Weak Q3; Outlook Easing
Revenue de-grew by 4%/10% YoY/QoQ, 1% below our estimate, led by a higherthan-expected drop in ASP (1% below our estimate).
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Pick of the Week: APL Apollo Tubes - 26 DECEMBER 2023
APL Apollo Tubes (APAT) is a leading structural steel tube brand, operating with 14 brands in 4 product categories. It has 55% market share in...
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APL Apollo Tubes - Largely Inline Results; Growth Drivers Remain Intact
APL Apollo Tubes’ Revenue/EBITDA/PAT stood largely in line with our estimates. On a consensus basis, it was a slight miss of 4%/3%/5% respectively.
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APL Apollo Tubes - Q1 Misses Our Estimates
Revenue grew by 32%/3% YoY/QoQ but missed ours and consensus estimates by 2% led by lower-than-expected sales realisation.
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