APL Apollo Tubes Limited (APLAPOLLO) — Corporate Action Announcement
📢 Key Event
APL Apollo Tubes declares ₹8.50 final dividend per share for FY2026, reappoints four independent directors, and appoints Sanjay Gupta & Associates as cost auditors.
🔄 What Changed
Profit after tax surged 59% to ₹1,203.08 crores, while revenue rose 11.5% to ₹23,079 crores, and debt-equity ratio improved from 0.05 to 0.29.
💡 Investor Takeaway
The strong dividend payout and robust profit growth signal financial health and shareholder-friendly policy, though rising debt ratios warrant monitoring.
APL Apollo Tubes announced a final dividend of ₹8.50 per share for FY2026, translating to a 425% yield on its ₹2 face value, alongside re-appointments of four independent directors and appointment of Sanjay Gupta & Associates as cost auditors. The consolidated financials showed a 59% jump in profit after tax to ₹1,203.08 crores on revenue of ₹23,079 crores, with the auditor issuing an unmodified opinion confirming true and fair results under Ind AS.
📄 View Original Announcement (PDF)
About APL Apollo Tubes Limited (APLAPOLLO)
Capital Goods · Industrial Products · Listed on NSE
Market Cap: ₹52,482.99 Cr
P/E: 43.6
ROE: 22.7%
ROCE: 29.3%
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.