APL Apollo Tubes Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Investors weighing an APL Apollo Tubes target price for 2027 should start with where the stock sits today. At Rs 2,086.60 on 9 October 2026, it is 9.3% below its 52-week high of Rs 2,301.40 and 23.5% above its 52-week low of Rs 1,690.00. That range spans 36% from low to high, so the entry point matters as much as the APL Apollo Tubes price forecast itself.

This article builds the APL Apollo Tubes share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 2,462 base case and the Rs 2,949 bull case were reached, along with a downside risk level of Rs 1,642.

Click Here – Get Free Investment Predictions

APL Apollo Tubes Stock Analysis: Company Overview and Key Stats

APL Apollo Tubes (NSE: APLAPOLLO) has a market capitalisation of Rs 56,976 crore. In FY26 it reported revenue of Rs 23,191 crore and net profit of Rs 1,203 crore. The table collects the figures the APL Apollo Tubes share price target is built on.

Metric	Value
Company	APL Apollo Tubes
NSE Ticker	APLAPOLLO
CMP (9 October 2026)	Rs 2,086.60
52-Week High	Rs 2,301.40
52-Week Low	Rs 1,690.00
Market Cap	Rs 56,976 crore
PE Ratio (TTM)	46.36
Industry PE	47.18
Price to Book	10.76
Return on Equity	22.71%
Debt to Equity	0.09
EPS (TTM)	Rs 44.26
Dividend Yield	0.41%
12-Month Base Target	Rs 2,462
Bull Case	Rs 2,949
Downside Risk Level (not a target)	Rs 1,642

Why Is APL Apollo Tubes Share Price Target Set at Rs 2,462 for 2027?

The base-case APL Apollo Tubes stock target of Rs 2,462 applies a PE multiple of 46.36 to a forward EPS estimate of Rs 53.11. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 18.0% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.

Earnings Growth Behind the APL Apollo Tubes Target Price: Five Years of Results

APL Apollo Tubes grew revenue from Rs 13,104 crore in FY22 to Rs 23,191 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew faster, from Rs 618.98 crore to Rs 1,203 crore (18.1% a year), which shows margin gains did part of the work and not just higher sales.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY22	13,103.82	618.98	22.33	3.50
FY23	16,213.13	641.86	23.14	5.00
FY24	18,193.67	732.44	26.40	5.50
FY25	20,785.60	757.06	27.28	5.75
FY26	23,190.85	1,203.08	43.34	8.50

FY26 revenue growth was 11.6%, slower than the four-year average of 15.3%, and net profit moved up 58.9%. EPS rose from Rs 26.40 in FY24 to Rs 43.34 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

APL Apollo Tubes converted 5.2% of FY26 revenue into net profit, against 3.6% in FY25, within a five-year range of 3.6% to 5.2%. EBITDA margin was 8.3% in FY26 versus 6.2% in FY25.

In the June 2026 quarter, revenue was Rs 5,646 crore, up 8.7% from the same quarter a year earlier, while net profit of Rs 263.11 crore was up 10.9%. EBITDA came in at Rs 450.80 crore, up 13.4% year on year. The next quarterly result is the first test of whether the earnings assumption holds.

Balance Sheet and Cash Flow

Debt to equity stands at 0.09, and shareholders' equity grew from Rs 2,464 crore in FY22 to Rs 5,297 crore in FY26. Operating cash flow in FY26 was Rs 2,103 crore against capital expenditure of Rs 694.25 crore, leaving free cash flow of Rs 1,409 crore, or 2.5% of the current market capitalisation. In FY25 free cash flow was Rs 490.72 crore.

Valuation Check for the APL Apollo Tubes Stock Target: PE, Price to Book and ROE

At a PE of 46.36 against an industry PE of 47.18, APL Apollo Tubes trades in line with its industry. Price to book is 10.76 on a book value of Rs 190.76 per share, and return on equity is 22.71%. A PE of 46.36 equals an earnings yield of 2.2%, and the FY26 dividend of Rs 8.50 per share gives a yield of 0.41%.

Shareholding Pattern and Institutional Holding

Promoters held 28.25% of APL Apollo Tubes in June 2026, and promoter holding has stayed near 28.25% since June 2025. Foreign institutional investors (FII) held 35.11% and domestic institutions (DII) held 18.59%, which puts total institutional holding at 53.70%. FII holding rose from 33.05% in June 2025 to 35.11% in June 2026. Public shareholders own the remaining 18.05%. A meaningful institutional holding adds a layer of research coverage and trading depth.

APL Apollo Tubes Share Price Targets for the Short Term and 12 Months

Short Term APL Apollo Tubes Stock Target Levels: Technical Setup

At Rs 2,086.60 on 9 October 2026, APL Apollo Tubes trades below its 50-day simple moving average of Rs 2,118.72 and above its 200-day exponential moving average of Rs 1,968.02. The 14-day RSI reads 30.6, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 2,118.72 (50-day simple moving average) and the nearest support is Rs 1,968.02 (200-day exponential moving average). A sustained move above Rs 2,118.72 would improve the short-term setup, while a close below Rs 1,968.02 would shift attention to the next support.

12 Month APL Apollo Tubes Target Price for 2027

The 12-month target for APL Apollo Tubes is Rs 2,462: forward EPS of Rs 53.11 at a PE of 46.36. That is 18.0% above Rs 2,086.60. It would also push the stock above its 52-week high of Rs 2,301.40.

How EPS Growth and PE Multiple Change the APL Apollo Tubes Target Price

EPS Growth	PE 37.09	PE 46.36	PE 53.31
0.0% (EPS Rs 44.26)	Rs 1,642	Rs 2,052	Rs 2,360
20.0% (EPS Rs 53.11)	Rs 1,970	Rs 2,462	Rs 2,831
25.0% (EPS Rs 55.32)	Rs 2,052	Rs 2,565	Rs 2,949

Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the APL Apollo Tubes price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for APL Apollo Tubes Stock Target in 2027

Bull Case Rs 2,949

The bull case APL Apollo Tubes price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 55.32, and a PE multiple that rises 15% to 53.31. That gives Rs 2,949, 41.3% above the current price and above the 52-week high of Rs 2,301.40, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 1,642

The downside risk level is not a target. It assumes EPS stays flat at Rs 44.26 and the PE falls 20% to 37.09. That gives Rs 1,642, 21.3% below the current price and below the 52-week low of Rs 1,690.00.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	25.0%	53.31	Rs 2,949	+41.3%
Base Case	20.0%	46.36	Rs 2,462	+18.0%
Downside Risk	0.0%	37.09	Rs 1,642	-21.3%

Key Risks to the APL Apollo Tubes Target Price for 2027

Growth Slowdown Risk for the APL Apollo Tubes Price Target

Revenue in the June 2026 quarter was up 8.7% year on year, and FY26 revenue growth was 11.6%. If growth slows from here, the EPS estimate behind the APL Apollo Tubes stock target will need revising.

Liquidity and Size Risk

APL Apollo Tubes has a market capitalisation of Rs 56,976 crore. Institutional holding is 53.70%, and promoters hold 28.25%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.

Valuation and Margin Risk

Net margin was 5.2% in FY26, so a small slip in costs moves profit noticeably. At a PE of 46.36 versus an industry PE of 47.18, a de-rating toward the downside-risk PE of 37.09 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 9.3% below its 52-week high, with an RSI of 30.6 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in APL Apollo Tubes

Start with the live price and volume. Any APL Apollo Tubes share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 2,086.60 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check APL Apollo Tubes' PE, ROE, debt and shareholding in one place.

Check APL Apollo Tubes fundamentals on the Univest Screener

Then compare the three APL Apollo Tubes target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.

Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.

Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.

Download the Univest iOS App or Univest Android App to track APL Apollo Tubes live price and get daily stock recommendations.

Conclusion

The APL Apollo Tubes share price target for 2027 is Rs 2,462 in the base case, with Rs 2,949 as the bull case. The support for that view is arithmetic you can check: EPS grew 28.1% a year over FY24 to FY26, and the stock trades at a PE of 46.36. The risks are equally concrete, including a stock that sits 9.3% below its 52-week high and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.

FAQs on APL Apollo Tubes Share Price Target 2027

What is the APL Apollo Tubes share price target for 2027?

Ans. The base-case APL Apollo Tubes share price target for 2027 is Rs 2,462, with Rs 2,949 as the bull case. The downside risk level, which is not a target, is Rs 1,642. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the APL Apollo Tubes share price today?

Ans. As of 9 October 2026, 12:52 PM IST, APL Apollo Tubes trades at Rs 2,086.60, up 2.28% on the day. The 52-week range is Rs 1,690.00 to Rs 2,301.40.

Is APL Apollo Tubes a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 28.1% a year over FY24 to FY26, but the stock is 9.3% below its 52-week high. Whether APL Apollo Tubes fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.

What are the bull case target and downside risk level for APL Apollo Tubes shares?

Ans. The bull case target is Rs 2,949, which assumes 25.0% EPS growth and a PE of 53.31. The downside risk level is Rs 1,642, which assumes flat EPS and a PE of 37.09. It marks a risk, not a target.

What are the main risks to the APL Apollo Tubes price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 56,976 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.

What is the PE ratio of APL Apollo Tubes and how does it compare with the industry?

Ans. The PE ratio of APL Apollo Tubes is 46.36 against an industry PE of 47.18. Price to book is 10.76 and return on equity is 22.71%. The base case in the APL Apollo Tubes price target holds this PE constant.

Who owns APL Apollo Tubes, and what is the promoter holding?

Ans. Promoters held 28.25% of APL Apollo Tubes in June 2026. FII held 35.11%, DII held 18.59% and the public held 18.05%.

What were APL Apollo Tubes' latest quarterly results?

Ans. In the June 2026 quarter, APL Apollo Tubes reported revenue of Rs 5,646 crore (up 8.7% year on year) and net profit of Rs 263.11 crore (up 10.9%).