Apl Apollo Tubes Limited · NSE:APLAPOLLO
Apl Apollo Tubes — Q2 FY27 Earnings Presentation
37 slides from Apl Apollo Tubes's earnings presentation, Oct 26, 2026
Slide 1: Exchange filing cover letter
October 26, 2026 Electronic Filing National Stock Exchange of India Limited Department of Corporate Services/Listing “Exchange Plaza” Bandra-Kurla Complex, BSE Limited Bandra (E), Phiroze Jeejeebhoy Tower, Mumbai-400051 Dalal Street, Fort, Mumbai-400001 NSE Symbol : APLAPOLLO Scrip Code : 533758 Dea
Slide 2: The Architecture of Returns - Earnings Presentation Q2 FY27
THE ARCHITECTURE OF RETURNS Earnings Presentation Q2 FY27 Tube sizes Wall thickness Portfolio 10 × 10 mm to 1,000 × 1,000 mm 0.5 mm to 40 mm Largest structural steel tube product portfolio 1
Slide 3: Safe Harbour
Safe Harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 4: Contents Of The Report
Contents Of The Report • At A Glance • Future Ready • Business Strategy • Financial Performance • Demand Drivers APL APOLLO TUBES • ESG Engagement • Team APL Apollo 3
Slide 5: At A Glance
AT A GLANCE 4
Slide 6: A Decade Of Growth. The Numbers Say It All.
A Decade Of Growth. The Numbers Say It All. CAGR Growth (%) 10 Year (FY16-26) 5 Year (FY21-FY26) 2 Year (FY24-26) 15% 16% 15% Sales Volume EBITDA 20% 22% 23% APL APOLLO TUBES Net Profit 28% 27% 28% 5
Slide 7: Milestones Q2FY27
Milestones Q2FY27 963k Ton ₹70.0Bn ₹5.8Bn ₹5,999 Sales Volume Revenue EBITDA EBITDA/ton 13% YoY increase 34% YoY increase 29% YoY increase 15% YoY increase 29% QoQ increase 25% QoQ increase 40% QoQ increase 9% QoQ increase ₹524Mn ₹3.8Bn ₹4.5Bn ₹16.3Bn Interest Cost Net profit Cash profit Net Cash in
Slide 8: Milestones H1FY27
Milestones H1FY27 1,708k Ton ₹126.1Bn ₹9.9Bn ₹5,791 Sales Volume Revenue EBITDA EBITDA/ton 4% YoY increase 22% YoY increase 21% YoY increase 17% YoY increase ₹913Mn ₹6.5Bn ₹7.7Bn ₹16.3Bn Cash profit Net Cash in H1FY27 Interest Cost Net profit 18% YoY increase FY26 was ₹15.3 Bn 50% YoY increase 20% Y
Slide 9: Financial Snapshot
Financial Snapshot Profit & Loss (Rs Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Mn) Volume (k Ton) 721 758 828 850 794 855 917 925 745 963 Revenue 49,743 47,739 54,327 55,086 51,698 52,063 58,151 62,692 56,067 70,017 EBITDA 3,016 1,380 3,456 4,137 3,720 4,470 4,719 5,110 4
Slide 10: Future Ready Capex Plan On Track
FUTURE READY CAPEX PLAN ON TRACK 9
Slide 11: Capacity Expansion Plan By FY28
Capacity Expansion Plan By FY28 Existing capacity Greenfield & Brownfield Debottlenecking Total capacity capacity 5 Mn Ton 2 Mn Ton 1 Mn Ton Structural Steel • East (Gorakhpur, Siliguri) • South (Malur) • Plant Modernization 8 Mn Ton • Western coastal area • Replacement of Structural Steel conventio
Slide 12: Business Strategy
BUSINESS STRATEGY 11
Slide 13: Quarterly Sales Volume
Quarterly Sales Volume Product Category (Ton) Q2FY27 Q1FY27 Q4FY26 Q3FY26 Q2FY26 Q1FY26 H1FY27 H1FY26 FY26 APL Apollo Brand 7,74,751 5,68,691 6,97,094 6,64,992 6,53,680 6,40,258 13,43,442 12,93,938 26,56,024 SG Premium Brand 26,910 58,686 90,504 87,860 38,356 14,141 85,596 52,498 2,30,862 UAE Operat
Slide 14: Financial Performance
FINANCIAL PERFORMANCE APL APOLLO TUBES 13
Slide 15: Growing Strength To Strength (QoQ)
Growing Strength To Strength (QoQ) Volume (K Ton) EBITDA (Rs Mn) 963 5,778 917 925 855 5,110 4,470 4,719 745 4,113 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 EBITDA/Ton (Rs) Net Profit (Rs Mn) 5,999 3,824 3,543 5,525 5,522 3,101 APL APOLLO TUBES 3,015 5,228 5,146 2,631 Q2F
Slide 16: Growing Strength To Strength (YoY)
Growing Strength To Strength (YoY) ROE (%) ROCE (%) 27.7 25.3 39.7 37.3 23.5 22.2 19.4 27.7 27.5 24.5 FY23 FY24 FY25 FY26 H1FY27 FY23 FY24 FY25 FY26 H1FY27 Net Working Capital Days Net Debt/ (cash) (Rs Bn) APL APOLLO TUBES 2.4 Net Net Net 5 cash cash cash -0.2 -3.1 1 0 0 0 -15.3 -16.3 FY23 FY24 FY25
Slide 17: Growing Strength To Strength (YoY) - Cash Flow
Growing Strength To Strength (YoY) Operating Cash Flow (Rs Bn) Free Cash Flow (Rs Bn) 13.4 20.0 11.2 12.1 9.7 6.8 3.6 3.7 1.8 0.4 FY23 FY24 FY25 FY26 H1FY27 FY23 FY24 FY25 FY26 H1FY27 Op. Cash flow to EBITDA(%) Capex to Op. Cash flow (%) 87 APL APOLLO TUBES 111 101 95 94 59 60 54 69 33 FY23 FY24 FY2
Slide 18: Cash Flow Bridge
Cash Flow Bridge (Rs Mn) 6,827 -4,091 -28 16,281 15,323 -1,751 APL APOLLO TUBES Net cash in FY26 Op. Cash flow Capex Investments Interest, Dividend & others Net Cash in H1FY27 Business continues to Capex being funded from generate strong Net cash balance sheet internal cash flow operational cash flo
Slide 19: Profit & Loss Statement (Consol)
Profit & Loss Statement (Consol) Particulars (Rs Mn) Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 FY26 H1FY26 H1FY27 Sales Volume (K Ton) 758 828 850 794 855 917 925 745 963 3,491 1,649 1,708 Net Revenue 47,739 54,327 55,086 51,698 52,063 58,151 62,692 56,067 70,017 2,30,790 1,03,7
Slide 20: Balance Sheet & Cash flow (Consol)
Balance Sheet & Cash flow (Consol) Balance Sheet - Assets (Rs mn) FY26 H1FY27 Cashflow Statement (Rs mn) FY26 H1FY27 Cash & Bank Balance 19,847 25,462 EBITDA 18,019 9,891 Receivables 3,507 3,782 Change in receivables -1,026 -275 Inventories 14,453 16,752 Change in inventory 1,749 -2,299 Other curren
Slide 21: Demand Drivers
DEMAND DRIVERS 20
Slide 22: Structural Steel Tube Applications
Structural Steel Tube Applications Application Mix 64% 19% Housing Commercial Buildings 13% 4% APL APOLLO TUBES Infrastructure Others *As per H1FY27 revenue 21
Slide 23: Steel Tube Usage In Housing/Commercial Buildings
Steel Tube Usage In Housing/Commercial Buildings Housing Commercial/Infrastructure Cost (per sq ft in Homes) Cost (per sq ft in Commercial/Infra) 125 523 50 41 43 35 23 125 23 50 35 43 Steel Tubes PVC pipes Tiles Wires Cement Paints Steel PVC pipes Tiles Wires Cement Paints tubes Steel Tube applicat
Slide 24: Applications For Heavy Structural Steel Tubes
Applications For Heavy Structural Steel Tubes ● High Rise Buildings ○ Hospitals, Housing, Schools, Courts, Hotels/Malls/Offices ● Warehouses/Cold Storage/Food Parks 50 50mn sq. ft. 220,000 ton ● Factory Buildings/Process Structures projects Visibility heavy structural steel tubes ● Aviation Hangers
Slide 25: APL Apollo's ESG Transformation Journey
APL APOLLO’S ESG TRANSFORMATION JOURNEY 24
Slide 26: ESG - DJSI Scoring
ESG- DJSI Scoring DJSI Percentile (%) 89 91 86 80 56 APL APOLLO TUBES 2021 2022 2023 2024 2025 APL APOLLO SCORED 91TH PERCENTILE IN 2025 25
Slide 27: Scope & Emissions Reduction by 58.8% by 2034; Net Zero by 2050
Scope 1 & 2 Emissions Reduction by 58.8% by 2034; Net Zero by 2050 Scope of Purchased goods GHG Inventory Planned Initiatives: and services expanded to calculated for • RE installations in include raw materials Scope 1, 2, 3 and ABPL plant (Steel Coils) set as baseline • RE expansions in Boundary of
Slide 28: ESG Goals And Targets
ESG Goals And Targets NET-ZERO EMISSIONS SCOPE 1 AND 2 EMISSIONS RENEWABLE ENERGY Net Zero 58.8% >50% by FY2050 Reduction by FY2034 against FY2024 Renewable electricity APL APOLLO TUBES WATER STEWARDSHIP HEALTH & SAFETY INFORMATION SECURITY ZLD Compliant units Zero fatalities Zero data breaches Expa
Slide 29: ESG Performance So Far
ESG Performance So Far… FY25 31% FY25 10.8 −33.1% FY26 58% FY26 1.9 RENEWABLE ELECTRICITY SCOPE 2 EMISSIONS WORKER LTIFR vs 31% in FY25 Combined Scope 1+2 fell 19.0% Vs 10.8 in FY25 83,186 tCO₂e in FY26 Zero fatalities reported >99% −14.6% 7 of 11 7.5% APL APOLLO TUBES WASTE RECOVERED WATER INTENSIT
Slide 30: Front Runner For Steel For Green
Front Runner For Steel For Green • APL Apollo is the 1st Company to innovate readymade Doorframe, Fence, Plank and Hand rails as Steel for Green Concept which replaced conventional wood application in building construction • Our Products are saving 250,000 trees every year, going ahead we will be sa
Slide 31: Steel Buildings = Decarbonization
Steel Buildings = Decarbonization ● Construction sector contributes 30% of direct and indirect Co2 emissions Steel Structure - RCC Structure ● Structural steel is preferred for steel buildings because steel is ○ Infinitely recyclable ○ Easy to pre-fabricate ○ High volume to weight ratio APL APOLLO T
Slide 32: Management Team
MANAGEMENT TEAM 31
Slide 33: Board of Directors
Sanjay Gupta Board of Directors Chairman & Managing Director Steel Industry veteran with 3 decades of experience Vinay Gupta Rahul Gupta Deepak Goyal Director Director Director-Operations & Group CFO More than 20 years of A promising entrepreneur industryexperience in withan experience of around 2 d
Slide 34: Leadership Team
Leadership Team Vinay Gupta Deepak Goyal Anubhav Gupta Rahul Gupta Director-Operations & Chief Strategy Officer Director Director Group CFO APL APOLLO TUBES CK Singh Chetan Khandelwal Ravindra Tiwari Director & COO Chief Financial Officer Chief Sales & Marketing Officer Sanjay Gupta Chairman & Manag
Slide 35: Thank You
Thank You For further information, please contact: Anubhav Gupta Deepak Goyal APL Apollo Tubes Ltd APL Apollo Tubes Ltd Tel: +91 120 691 8000 Tel: +91 120 691 8000 Email: [email protected] Email: [email protected] APL APOLLO TUBES Shubham Mittal APL Apollo Tubes Ltd Tel: +91 120 691 8000
Slide 36: Press release: Q2FY27 Financial Performance
APL Apollo Tubes Limited Regd. Office: 37, Hargobind Enclave, Vikas Marg, Delhi – 110 092 Corp. Office: SG Centre, Plot No. 37-C, Block-B, Sector-132, Noida, Distt. Gautam Budh Nagar, U.P.-201304 Q2FY27 Financial Performance Sales volume of 963,143 Ton (+13% YoY,+29% QoQ) EBITDA of Rs5.8Bn (+29%
Slide 37: About APL Apollo Tubes Limited
About APL Apollo Tubes Limited APL Apollo Tubes Limited (APL Apollo) BSE: 533758, NSE: APLAPOLLO is India’s leading structural steel tube manufacturer. Headquartered at Delhi NCR, the Company operates 11 manufacturing facilities with a total capacity of 5 Mn Ton. It has a pan-India presence with 11