APL Apollo Tubes has announced its audited financial results for the quarter and year ended March 31, 2026, reporting a significant increase in revenue and profitability. The company achieved a revenue of ₹62.7 billion in Q4FY26, marking a 14% year-on-year (YoY) increase and an 8% quarter-on-quarter (QoQ) rise. This growth was supported by a sales volume of 925,000 tonnes, which represents a 9% YoY increase and a 1% QoQ increase.
The company also reported an EBITDA of ₹5.1 billion for the quarter, reflecting a 24% YoY increase and an 8% QoQ increase. The EBITDA per tonne stood at ₹5,525, up 14% YoY and 7% QoQ. APL Apollo Tubes‘ net profit for Q4FY26 was ₹3.5 billion, showing a 21% YoY increase and a 14% QoQ increase.
For the full fiscal year 2026, APL Apollo Tubes reported a sales volume of 3,491,000 tonnes, an 11% YoY increase. The company’s revenue for the year was ₹230.8 billion, up 12% YoY. The EBITDA for the year was ₹18.0 billion, a substantial 50% YoY increase, with an EBITDA per tonne of ₹5,161, representing a 36% YoY increase.
The company’s financial performance was bolstered by a 58% value-added sales mix, consistent with the previous year. Interest costs decreased by 6% YoY to ₹1,254 million, while the net cash position improved to ₹15.3 billion from ₹3.1 billion in FY25.
APL Apollo Tubes maintained a net working capital of 0 days for FY26, consistent with the previous fiscal year. The return on capital employed (ROCE) for FY26 was 37.3%, up from 24.5% in FY25, and the return on equity (ROE) improved to 25.3% from 19.4% in the previous year.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).