Buy APL Apollo Tubes; target of Rs 960: Hem Securities
Hem Securities is bullish on APL Apollo Tubes has recommended buy rating on the stock with a target price of Rs 960 in its research report dated February 25, 2022.02-03-2022
02-03-2022
APL APOLLO TUBES LTD. - 533758 - Disclosure of Voting results of Court Convened Meeting (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
APL Apollo Tubes Ltd has informed BSE regarding the details of Voting results of Court Convened Meeting, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here09-02-2022
APL APOLLO TUBES LTD. - 533758 - Voting Results Of Court Convened Meeting Held On 8Th February 2022
Please note that as directed by the Hon''ble National Company Law Tribunal, Court IV, New Delhi, the meeting of the Equity Shareholders of the Company was held on Tuesday, 8th February 2022 at 2:00 P.M. through video conferencing for approval of the Scheme of Amalgamation and Arrangement between Shri Lakshmi Metal Udyog Limited, Apollo Tricoat Tubes Limited and APL Apollo Tubes Limited. Voting results 1. In terms of Regulation 44 of the above Regulations, please find attached herewith the Consolidated Voting Results (Remote E- Voting & E-voting during the Meeting). 2. We wish to further inform you that Ms. Shruti Rawat of Shruti Thakur & Associates, Practising Company Secretary, Membership No. ACS-39604 & COP No. 19159, Scrutinizer has presented her consolidated report dated 9th February 2022 on remote e-voting and E-voting during the Meeting. A copy of the said Report is also enclosed herewith.09-02-2022
APL APOLLO TUBES LTD. - 533758 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of the Conference Call held on January 25, 202228-01-2022
Earnings Call for Q3FY22 of APL Apollo Tubes
Conference Call with APL Apollo Tubes Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.25-01-2022
Q3FY22 Quarterly Result Announced for APL Apollo Tubes Ltd.
Iron & Steel Products company APL Apollo Tubes declares Q3FY22 result: Performance Review for 9MFY22 vs. 9MFY21: Sales Volume flat YoY at 1,203k tons EBITDA up by 44% to Rs 6.8bn EBITDA per ton was Rs 5,644 (+44% YoY) Interest Cost declined by 34% to Rs 344mn Net Profit* up by 64% to Rs 3.9bn Performance Review for Q3FY22 vs. Q3FY21: Sales Volume declined 17% to 403k tons EBITDA declined by 13% to Rs2bn EBITDA per ton was Rs 5,023 (+5% YoY) Interest Cost declined by 26% to Rs 109mn Net Profit* declined by 12% to Rs1.2bn Commenting on the Company’s performance for 9MFY22, Mr. Sanjay Gupta, Chairman, APL Apollo, said APL Apollo Tubes Ltd is the dominant leader in Indian structural steel tube industry. I feel proud of the way Team APL Apollo again executed a strong business continuity plan focused on Health, Cost and Cash and demonstrated all round performance. With our continuous focus on working capital and cost efficiencies, we performed better on all fronts: 1) EBITDA increased 44% and Net profit increased 64%, 2) Net working capital cycle sustained at 10days. Post pandemic, the economy has remained resilient from late July which gives good visibility for the rest of FY22, which is likely to reflect in upcoming quarters. Result PDF25-01-2022
APL APOLLO TUBES LTD. - 533758 - Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended December 31, 2021.
The Company in its meeting held today i.e., Tuesday, January 25, 2022, which commenced at 12 Noon and concluded at 2:45 pm, inter alia, considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2021.25-01-2022
APL APOLLO TUBES LTD. - 533758 - Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended December 31, 2021.
The Company in its meeting held today i.e., Tuesday, January 25, 2022, which commenced at 12 Noon and concluded at 2:45 pm, inter alia, considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2021.25-01-2022
APL APOLLO TUBES LTD. - 533758 - Board Meeting Outcome for Outcome Of Board Meeting Held On January 25, 2022
Considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2021.25-01-2022