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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:
APLAPOLLO's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 1.34300 |
|---|---|
| forwardPE | 27.98899 |
| debtToEquity | 9.39600 |
| earningsGrowth | 0.20800 |
| revenueGrowth | 0.13600 |
| grossMargins | 0.15469 |
| operatingMargins | 0.07206 |
| trailingEps | 43.40000 |
| forwardEps | 64.30743 |
APL Apollo Tubes Limited's current ratio being 1.343 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
APLAPOLLO's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
APL Apollo Tubes Limited's positive earnings and revenue growth suggest the company is on a path to business expansion. This upward trend signals strong financial health, indicating that APL Apollo Tubes Limited is well-positioned for sustained growth in both profits and revenue.
With a forward EPS greater than its trailing EPS, APLAPOLLO is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
APLAPOLLO's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.
Recommendation changes over time:
The analysts' recent buy bias for APLAPOLLO indicates strong confidence in the stock's future performance. This could encourage more investors to view APLAPOLLO as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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