More about APL Apollo Tubes Limited
Fundamentals for APL Apollo Tubes Limited
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Fundamentals for APL Apollo Tubes Limited
Business Operations:
Sector: Basic MaterialsIndustry: Steel
APL Apollo Tubes Limited manufactures and sells structural steel tubes in India. The company offers structural tubes for construction, automotive, machinery, furniture, etc. applications; pre galvanized sections of square, rectangular, and circular tubes used for roofing structure; galvanized iron products for industrial and agricultural applications; tricoat pipes, designer pipes, and door frames; black round tubes used in plumbing systems of buildings; and ready-made chaukhat, and door and fencing solutions. It also exports its products to approximately 30 countries worldwide. The company was formerly known as Bihar Tubes Limited and changed its name to APL Apollo Tubes Limited in 2010. APL Apollo Tubes Limited was incorporated in 1986 and is headquartered in Noida, India.
Revenue projections:
Revenues for APLAPOLLO are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 35.058586 |
| debtToEquity | 15.534000 |
| earningsGrowth | 0.428000 |
| revenueGrowth | 0.070000 |
| grossMargins | 0.155020 |
| operatingMargins | 0.070950 |
| trailingEps | 38.290000 |
| forwardEps | 54.394660 |
APLAPOLLO's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, APLAPOLLO reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
APL Apollo Tubes Limited's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for APL Apollo Tubes Limited's financial growth.
Price projections:
APLAPOLLO's price projections have gradually risen, indicating growing confidence in the company's prospects. This upward trend suggests that analysts expect APLAPOLLO to continue performing well in the future.
Recommendation changes over time:
A recent buy bias from analysts toward APLAPOLLO may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that APLAPOLLO might be an appealing option for those looking to grow their wealth through stock market investments.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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