APL Apollo Tubes Limited (APLAPOLLO) - Net Assets
Based on the latest financial reports, APL Apollo Tubes Limited (APLAPOLLO) has net assets worth Rs49.12 Billion INR (≈ $531.16 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs83.57 Billion ≈ $903.76 Million USD) and total liabilities (Rs34.45 Billion ≈ $372.60 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check APL Apollo Tubes Limited (APLAPOLLO) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs49.12 Billion |
| % of Total Assets | 58.77% |
| Annual Growth Rate | 36.51% |
| 5-Year Change | 129.61% |
| 10-Year Change | 641.56% |
| Growth Volatility | 76.38 |
APL Apollo Tubes Limited - Net Assets Trend (2007–2025)
This chart illustrates how APL Apollo Tubes Limited's net assets have evolved over time, based on quarterly financial data. Also explore APLAPOLLO current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for APL Apollo Tubes Limited (2007–2025)
The table below shows the annual net assets of APL Apollo Tubes Limited from 2007 to 2025. For live valuation and market cap data, see APLAPOLLO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs42.09 Billion ≈ $455.16 Million |
+16.76% |
| 2024-03-31 | Rs36.05 Billion ≈ $389.83 Million |
+19.93% |
| 2023-03-31 | Rs30.06 Billion ≈ $325.05 Million |
+21.98% |
| 2022-03-31 | Rs24.64 Billion ≈ $266.47 Million |
+34.43% |
| 2021-03-31 | Rs18.33 Billion ≈ $198.23 Million |
+26.27% |
| 2020-03-31 | Rs14.52 Billion ≈ $156.98 Million |
+50.57% |
| 2019-03-31 | Rs9.64 Billion ≈ $104.26 Million |
+15.06% |
| 2018-03-31 | Rs8.38 Billion ≈ $90.61 Million |
+16.32% |
| 2017-03-31 | Rs7.20 Billion ≈ $77.90 Million |
+26.91% |
| 2016-03-31 | Rs5.68 Billion ≈ $61.38 Million |
+20.22% |
| 2015-03-31 | Rs4.72 Billion ≈ $51.06 Million |
+11.03% |
| 2014-03-31 | Rs4.25 Billion ≈ $45.99 Million |
+15.62% |
| 2013-03-31 | Rs3.68 Billion ≈ $39.77 Million |
+22.85% |
| 2012-03-31 | Rs2.99 Billion ≈ $32.38 Million |
+26.51% |
| 2011-03-31 | Rs2.37 Billion ≈ $25.59 Million |
+23.86% |
| 2010-03-31 | Rs1.91 Billion ≈ $20.66 Million |
+15.07% |
| 2009-03-31 | Rs1.66 Billion ≈ $17.96 Million |
+144.22% |
| 2008-03-31 | Rs679.84 Million ≈ $7.35 Million |
+338.16% |
| 2007-03-31 | Rs155.16 Million ≈ $1.68 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to APL Apollo Tubes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3708220000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs37.08 Billion | 88.11% |
| Common Stock | Rs555.10 Million | 1.32% |
| Other Comprehensive Income | Rs366.20 Million | 0.87% |
| Other Components | Rs4.08 Billion | 9.70% |
| Total Equity | Rs42.09 Billion | 100.00% |
APL Apollo Tubes Limited Competitors by Market Cap
The table below lists competitors of APL Apollo Tubes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MGIC Investment Corp
NYSE:MTG
|
$5.63 Billion |
|
B2Gold Corp
TO:BTO
|
$5.64 Billion |
|
Taylor Morn Home
NYSE:TMHC
|
$5.64 Billion |
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
|
$5.65 Billion |
|
Klarna Group plc
NYSE:KLAR
|
$5.62 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
$5.62 Billion |
|
Hindustan Copper Limited
NSE:HINDCOPPER
|
$5.62 Billion |
|
Caitong Securities Co Ltd
SHG:601108
|
$5.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APL Apollo Tubes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,046,200,000 to 42,087,200,000, a change of 6,041,000,000 (16.8%).
- Net income of 7,570,600,000 contributed positively to equity growth.
- Dividend payments of 1,526,300,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs7.57 Billion | +17.99% |
| Dividends Paid | Rs1.53 Billion | -3.63% |
| Other Comprehensive Income | Rs-6.30 Million | -0.01% |
| Other Changes | Rs3.00 Million | +0.01% |
| Total Change | Rs- | 16.76% |
Book Value vs Market Value Analysis
This analysis compares APL Apollo Tubes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 873.63x to 12.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs2.14 | Rs1873.00 | x |
| 2008-03-31 | Rs3.35 | Rs1873.00 | x |
| 2009-03-31 | Rs8.74 | Rs1873.00 | x |
| 2010-03-31 | Rs9.41 | Rs1873.00 | x |
| 2011-03-31 | Rs10.79 | Rs1873.00 | x |
| 2012-03-31 | Rs12.77 | Rs1873.00 | x |
| 2013-03-31 | Rs16.87 | Rs1873.00 | x |
| 2014-03-31 | Rs18.48 | Rs1873.00 | x |
| 2015-03-31 | Rs20.14 | Rs1873.00 | x |
| 2016-03-31 | Rs23.49 | Rs1873.00 | x |
| 2017-03-31 | Rs29.95 | Rs1873.00 | x |
| 2018-03-31 | Rs34.77 | Rs1873.00 | x |
| 2019-03-31 | Rs40.16 | Rs1873.00 | x |
| 2020-03-31 | Rs54.89 | Rs1873.00 | x |
| 2021-03-31 | Rs67.78 | Rs1873.00 | x |
| 2022-03-31 | Rs81.68 | Rs1873.00 | x |
| 2023-03-31 | Rs108.35 | Rs1873.00 | x |
| 2024-03-31 | Rs129.92 | Rs1873.00 | x |
| 2025-03-31 | Rs151.72 | Rs1873.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APL Apollo Tubes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.79%
- • Asset Turnover: 2.63x
- • Equity Multiplier: 1.80x
- Recent ROE (17.99%) is below the historical average (19.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 43.49% | 3.33% | 2.52x | 5.18x | Rs51.96 Million |
| 2008 | 23.62% | 5.87% | 1.52x | 2.65x | Rs92.58 Million |
| 2009 | 1.53% | 0.49% | 1.40x | 2.23x | Rs-140.66 Million |
| 2010 | 15.58% | 4.82% | 1.56x | 2.07x | Rs106.69 Million |
| 2011 | 18.21% | 4.76% | 1.62x | 2.36x | Rs194.30 Million |
| 2012 | 16.39% | 3.52% | 1.97x | 2.36x | Rs191.18 Million |
| 2013 | 18.67% | 3.42% | 2.01x | 2.71x | Rs318.67 Million |
| 2014 | 13.87% | 2.36% | 2.17x | 2.71x | Rs164.58 Million |
| 2015 | 13.50% | 2.06% | 2.39x | 2.73x | Rs165.41 Million |
| 2016 | 17.72% | 2.42% | 2.50x | 2.93x | Rs438.05 Million |
| 2017 | 21.12% | 4.00% | 2.06x | 2.57x | Rs800.80 Million |
| 2018 | 18.87% | 3.07% | 2.36x | 2.60x | Rs743.45 Million |
| 2019 | 15.38% | 2.15% | 2.49x | 2.88x | Rs518.44 Million |
| 2020 | 17.55% | 3.20% | 2.27x | 2.41x | Rs1.02 Billion |
| 2021 | 21.25% | 4.38% | 2.42x | 2.01x | Rs1.91 Billion |
| 2022 | 27.34% | 4.90% | 2.84x | 1.97x | Rs3.93 Billion |
| 2023 | 21.36% | 4.09% | 2.68x | 1.95x | Rs3.41 Billion |
| 2024 | 20.32% | 4.18% | 2.44x | 1.99x | Rs3.72 Billion |
| 2025 | 17.99% | 3.79% | 2.63x | 1.80x | Rs3.36 Billion |
Industry Comparison
This section compares APL Apollo Tubes Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,531,656,078
- Average return on equity (ROE) among peers: 7.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APL Apollo Tubes Limited (APLAPOLLO) | Rs49.12 Billion | 43.49% | 0.70x | $5.62 Billion |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $2.53 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $12.69 Billion | 11.40% | 0.71x | $479.82 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.27 Billion | -6.80% | 3.37x | $36.99 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $173.92 Million |
| Electrotherm (India) Limited (ELECTHERM) | $352.75 Million | 38.28% | 3.46x | $111.00 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $2.55 Billion | 8.60% | 2.18x | $467.44 Million |
| Godawari Power And Ispat limited (GPIL) | $4.56 Billion | 13.49% | 0.95x | $2.14 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $134.72 Million | 0.90% | 2.02x | $108.47 Million |
About APL Apollo Tubes Limited
APL Apollo Tubes Limited manufactures and sells structural steel tubes in India. The company offers structural tubes for construction, automotive, machinery, furniture, etc. applications; galvanized iron products for industrial and agricultural applications; tricoat pipes, designer pipes, and door frames; black round tubes used in plumbing systems of buildings; pre galvanized sections of square, … Read more