APLAPOLLO

APL Apollo Tubes vs Peers

₹2,130.30-1.01%
Market cap
₹59,150 crore
P/E
48.1
P/B
11.17
ROE
25.3%
Dividend yield
0.40%

APL Apollo Tubes ranks 2nd by market capitalisation among 29 Iron & Steel Products companies tracked by ATS. Its largest peers are Welspun Corp, Shyam Metalics and Energy and Jindal Saw. Its P/E of 48.1 compares with a peer median of 26.1.

APL Apollo Tubes vs Iron & Steel Products peers

Sorted by market capitalisation.

APL Apollo Tubes and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Welspun Corp2,715.00+2.03%71,59631.07.8219.4%+12.5%
APL Apollo Tubes2,130.30-1.01%59,15048.111.1725.3%+22.0%
Shyam Metalics and Energy1,068.30+1.36%29,72926.52.589.7%+12.5%
Jindal Saw282.70+0.11%18,02627.61.438.1%+12.5%
Ratnamani Metals & Tubes2,528.20-2.81%17,72140.94.3112.5%+12.5%
Usha Martin520.25+0.69%15,83631.24.8015.4%+12.5%
A-One Steels India416.50+8.24%15,00022.53.2016.4%+12.5%
German Green Steel and Power120.11+1.68%15,00022.53.2016.4%+12.5%
Godawari Power And Ispat214.52-2.04%13,91917.32.4015.0%+12.5%
Gallantt Ispat516.90-2.48%12,47225.83.7615.7%+12.5%
Jayaswal Neco Industries94.41-0.04%9,16716.33.2317.8%+12.5%

Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.

APL Apollo Tubes peer comparison — frequently asked questions

Who are APL Apollo Tubes' competitors?

APL Apollo Tubes' listed peers in Iron & Steel Products include Welspun Corp, Shyam Metalics and Energy, Jindal Saw, Ratnamani Metals & Tubes, Usha Martin and A-One Steels India, ranked here by market capitalisation.

How does APL Apollo Tubes' P/E compare with its peers?

APL Apollo Tubes trades at a P/E of 48.1, against a median of 26.1 across the 10 Iron & Steel Products peers shown.

Which is the largest company among APL Apollo Tubes' peers?

By market capitalisation, the largest company in the group is Welspun Corp at ₹71,596 crore, against ₹59,150 crore for APL Apollo Tubes.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.