BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
We met with APL Apollo Tubes Ltd.'s management to better understand the company's growth strategy and near-term projections.
The management reiterated its sales volume guidance of 1.8 million tonnes per annum, 2.5 mtpa, 3.2 mtpa and 4 mtpa for FY22, FY23, FY24 and FY25, respectively.
By creating the market for structural tube-based construction in India and exploring the technology-based construction materials procurement marketplace, adjusted profit after tax has charted a multi-year growth strategy with a steady volume increase.
Additionally, APL Apollo Tubes has an impressive pipeline of new niche products to move up the value chain and is likely to maintain a lean capital structure.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
