⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

APLAPOLLO - Fundamental Analysis: Financial Health & Valuation

Back to List

Rating: 2.8

Last Updated Time : 03 Feb 26, 06:04 pm

Fundamental Rating: 2.8

Stock Code APLAPOLLO Market Cap 59,337 Cr. Current Price 2,137 ₹ High / Low 2,196 ₹
Stock P/E 120 Book Value 114 ₹ Dividend Yield 0.27 % ROCE 14.7 %
ROE 10.7 % Face Value 2.00 ₹ DMA 50 1,906 ₹ DMA 200 1,754 ₹
Chg in FII Hold -0.60 % Chg in DII Hold 0.99 % PAT Qtr 120 Cr. PAT Prev Qtr 106 Cr.
RSI 73.4 MACD 61.8 Volume 12,97,019 Avg Vol 1Wk 10,12,540
Low price 1,273 ₹ High price 2,196 ₹ PEG Ratio -8.87 Debt to equity 0.25
52w Index 93.6 % Qtr Profit Var 38.7 % EPS 17.8 ₹ Industry PE 18.0

📊 Core Financials

  • Revenue & Profitability: PAT improved from 106 Cr. to 120 Cr. (+38.7% variance), but EPS remains low at ₹17.8.
  • Margins: ROE at 10.7% and ROCE at 14.7% are modest, below industry benchmarks.
  • Debt: Debt-to-equity ratio of 0.25 indicates manageable leverage.
  • Cash Flow: Profitability is improving, but high valuation raises sustainability concerns.

💹 Valuation Indicators

  • P/E Ratio: 120 vs. industry average of 18 — extremely overvalued.
  • P/B Ratio: Current price (₹2,137) vs. book value (₹114) → ~18.7x, premium valuation.
  • PEG Ratio: –8.87, reflecting negative growth alignment with valuation.
  • Intrinsic Value: Current valuation far exceeds fundamentals, suggesting overpricing.

🏢 Business Model & Competitive Advantage

  • APL Apollo is India’s largest structural steel tube manufacturer, with strong distribution and scale advantages.
  • Competitive edge lies in product innovation, wide network, and leadership in steel structures.

📈 Technicals & Entry Zone

  • DMA 50 (₹1,906) and DMA 200 (₹1,754) show strong support below current price.
  • RSI at 73.4 indicates overbought territory; MACD positive suggests bullish momentum.
  • Entry Zone: Attractive only on dips near ₹1,750–1,850 for long-term investors.
  • Long-Term Holding: Risky at current valuations; suitable only if earnings growth sustains.


✅ Positive

  • Strong quarterly PAT growth (+38.7%).
  • Low debt-to-equity ratio (0.25).
  • Leadership position in structural steel tubes with wide distribution.

⚠️ Limitation

  • Extremely high P/E ratio (120) compared to industry average.
  • Weak ROE (10.7%) and ROCE (14.7%).
  • Dividend yield of 0.27% is low despite profitability.

📉 Company Negative News

  • FII holdings decreased (–0.60%), showing reduced foreign investor confidence.
  • Stock trading in overbought zone (RSI 73.4), risk of short-term correction.

📈 Company Positive News

  • DII holdings increased (+0.99%), showing strong domestic institutional support.
  • Quarterly PAT improved to 120 Cr., reflecting operational strength.

🏭 Industry

  • Steel and infrastructure sector benefits from government spending and construction demand.
  • Industry average P/E (18) highlights APL Apollo’s extreme overvaluation.

🔎 Conclusion

  • APL Apollo is financially stable with strong market leadership but modest returns.
  • Valuations are stretched far beyond industry averages, making current levels risky.
  • Recommendation: Avoid fresh entry at current price; accumulate only on dips near ₹1,750–1,850. Long-term holding viable only if earnings growth sustains and valuations normalize.

NIFTY 50 - Fundamental Stock Watchlist

NEXT 50 - Fundamental Stock Watchlist

MIDCAP - Fundamental Stock Watchlist

SMALLCAP - Fundamental Stock Watchlist