APL Apollo Tubes today reported strong FY26 results

APL Apollo Tubes today reported strong FY26 results with a consolidated profit of ₹1,203 crore, declared a dividend of ₹8.50 per share, and announced the liquidation of its subsidiary APL Apollo Mart Limited to focus on core manufacturing. The stock is trading around ₹2,250 on NSE/BSE, showing volatility after the earnings release. 📊 Key Financial Highlights (FY26 & Q4) Consolidated Profit (FY26): ₹1,203 crore Revenue (FY26): ₹23,079 crore consolidated; ₹14,696 crore standalone Dividend: ₹8.50 per share (425% payout, subject to approval) Q4 FY26 Stock Price: NSE: ₹2,250 (down 4.20%) BSE: ₹2,252.85 (down 4.74%) 52-week range: ₹1,588 – ₹2,300 🏭 Strategic Moves Subsidiary Liquidation: Voluntary liquidation of APL Apollo Mart Limited to unlock capital and streamline operations. Restructuring: Apollo Metalex Limited consolidating manufacturing operations at Sikandrabad, Uttar Pradesh, with disposal of land/building. Shared Services Investment: Up to 20% stake in a Group Shared Services Company (SSC) to centralize corporate support functions. Governance: Four independent directors re-appointed; new cost auditors appointed for FY27.