APL Apollo Tubes: Great going – 30 Jun 2022

APL Apollo Tubes Limited (AATL) is the largest ERW pipe/ structural steel tube manufacturer in India. The company operates 10 manufacturing facilities across India with a total installed capacity of 2.65 million tonnes per annum (MTPA).

The company is doing very well indeed: it has healthy financial risk profile, a sustained healthy operating performance, improved working capital management and de-leveraging of its balance sheet