APL Apollo Tubes reports record Q2FY26 performance, plans major capacity expansion

APL Apollo Tubes Limited announced record-breaking consolidated financial results for the quarter and half year ended September 30, 2025. Q2FY26 saw sales volume increase by 13% year-over-year to 855k tons, with revenue up 9% year-over-year to ₹52.1bn. EBITDA surged by 224% year-over-year to ₹4.5bn, resulting in an EBITDA/ton of ₹5,228 (187% year-over-year increase). Net profit also increased substantially by 461% year-over-year to ₹3.0bn. For H1FY26, sales volume rose 11% year-over-year to 1,649k tons, revenue by 6% year-over-year to ₹103.8bn, EBITDA by 86% year-over-year to ₹8.2bn, and net profit by 118% year-over-year to ₹5.4bn.

The company's strategic financial priorities include profitable organic growth, a commitment to R&D, and innovation to replace conventional construction methods. Capital allocation aims for a return on capital employed (ROCE) ≥ 30% and maintaining a net cash position. APL Apollo also revealed an ambitious capacity expansion plan, targeting 6.8 million tons by FY28, up from the existing 4.5 million tons in H1FY26, with an investment of ₹15bn over the next three years.

APL Apollo also disclosed a link to the audio recording of its conference call with investors and analysts, held on October 29, 2025, to discuss these unaudited financial results.