APLAPOLLO

APL Apollo Tubes Ltd is India’s largest branded structural steel tube manufacturer, producing MS pipes, galvanized tubes, and structural steel used in infrastructure, housing, solar plants, and engineering projects. Key facts: Market leader with 55% market share in structural steel tubes. 1500+ product varieties. Strong distribution network and branding in construction materials. This makes it a play on India’s infrastructure and construction growth. Key Financial Metrics Market Cap: ₹60,000 Cr Price Range: ₹1,273 – ₹2,207 (52-week range) P/E Ratio: 50+ (premium valuation) ROCE: 22% ROE: 19%