APL Apollo Tubes fixes Sept 8 record date for FY26 dividend

Key announcement and why it matters

APL Apollo Tubes Limited has fixed September 8, 2026 as the record date for its final dividend for the financial year 2025-26. The company has proposed a payout of ₹8.50 per equity share, which will be paid only if shareholders approve it at the annual general meeting (AGM). For investors tracking dividend eligibility, the record date is the cut-off used to determine which shareholders will receive the dividend if it is declared.

What the company has declared

The dividend proposal relates to equity shares with a face value of ₹2 each. The company said shareholders holding equity shares on the record date will be entitled to the payout, subject to formal approval at the AGM. The Board of Directors had earlier recommended the dividend at its meeting held on May 2, 2026. The record date announcement aligns the company’s dividend timetable with the AGM schedule.

AGM date and the approval process

The final dividend proposal is set to be placed before shareholders for ratification at the company’s 41st AGM, scheduled for Tuesday, September 15, 2026. If approved, the dividend will be distributed to eligible shareholders whose names appear in the company’s records as on the record date. The company’s note makes clear that the payout is not final until members approve it at the AGM.

AGM to be held through video conferencing

APL Apollo Tubes said the AGM will be conducted through video conferencing or other audio-visual means. This will be done in line with regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The disclosure indicates the company is following the prescribed compliance framework for electronic shareholder meetings.

Compliance filing and sign-off

The record date intimation was issued under Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Vipul Jain, Company Secretary and Compliance Officer, on August 19, 2026. These regulations typically cover material disclosures and corporate action timelines such as record dates.

Dividend details at a glance

The company has disclosed the headline dividend terms, including the face value of the shares and the key dates shareholders should track.

Stock and market snapshot provided with the update

Alongside the corporate action, the dataset included market metrics for APL Apollo Tubes. The current price was cited around ₹2,106, with the stock showing -0.30% at one point in the update. The market cap was listed at ₹58,485.96 crore, and the stock P/E was shown at 47.59. The dividend yield was stated as 0.27%.

The report also provided trading limits for the day: an upper circuit limit of ₹2,326.50 and a lower circuit limit of ₹1,903.50, along with a value figure of ₹30.36 crore.

Recent quarterly and annual financial figures mentioned

The provided table snapshot also included quarterly operating numbers. For the quarter cited, net profit was ₹263.11 crore with a quarter profit variation of 10.94%, and quarterly sales were ₹5,606.71 crore with a quarter sales variation of 8.45%. ROCE was listed at 31.64%.

Separately, the dataset included annual financials in INR millions, which correspond to the following in ₹ crore (1 million = ₹0.1 crore): revenue of ₹23,079.0 crore (2026), ₹20,689.5 crore (2025), and ₹18,118.8 crore (2024). Net income was shown at ₹1,203.1 crore (2026), ₹757.1 crore (2025), and ₹732.4 crore (2024). It also listed cash from operating activities at ₹2,103.2 crore (2026), ₹1,213.3 crore (2025), and ₹1,111.6 crore (2024).

Other scheduled corporate engagements referenced

The information set also noted that APL Apollo Tubes will conduct an analyst or investor meet on August 3, 2026 at 11:30 AM IST. It additionally referenced a board meeting entry dated 2026-08-01 for quarterly results.

What shareholders should track next

For shareholders focused on the dividend, the two operational dates are now clear: September 8, 2026 for record-date eligibility, and September 15, 2026 for the shareholder vote at the AGM. The payout will proceed only if members approve the final dividend at that meeting. Any further updates would typically come through AGM outcomes and subsequent corporate disclosures.