APL Apollo Tubes Limited is India's leading manufacturer of structural steel tubes, offering a wide array of over 3,000 product varieties applicable in multiple sectors, including urban infrastructure and real estate.

In Q2FY26, APL Apollo achieved its best-ever quarterly performance, reporting the highest volumes, EBITDA, and profit amidst a challenging market with extended monsoons and subdued macroeconomic conditions.

The company reported a 9% year-on-year revenue increase to ₹52.1 billion in Q2FY26, while EBITDA surged by 224% year-on-year, reflecting strong operational robustness and efficiency gains.

The company's net profit in Q2FY26 soared by 461% year-on-year to ₹3 billion, driven by better product mix, reduced costs, and efficiency improvements, achieving a return on capital employed of 32.4%.

APL Apollo aims to expand its manufacturing capacity to 10 million tons, leveraging new markets and product innovations, with substantial capex plans funded through internal accruals emphasizing its financial strength.