APL Apollo Tubes Ltd 2021 IR
The report highlights APL Apollo Tubes Limited's performance for the fiscal year 2020-2021, during which the company successfully transitioned to a cash-and-carry sales model, significantly reducing its working capital cycle to under 10 days. Despite pandemic-related challenges, the company achieved a 10% growth in revenue and a 42% growth in EBITDA, driven by an increased share of value-added products which rose to 57% of total revenue. APL Apollo also made significant progress in deleveraging, reducing its net debt to ‑1.6 billion. Additionally, the company initiated an ESG quality assessment in partnership with Ernst & Young to establish a sustainability roadmap.
Company: APL Apollo Tubes Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: IR
Pages: 272
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APL Apollo Tubes Ltd
Integrated Reporting And Financial Statements
The report highlights APL Apollo Tubes Limited's performance for the fiscal year 2020-2021, during which the company successfully transitioned to a cash-and-carry sales model, significantly reducing its working capital cycle to under 10 days. Despite pandemic-related challenges, the company achieved a 10% growth in revenue and a 42% growth in EBITDA, driven by an increased share of value-added products which rose to 57% of total revenue. APL Apollo also made significant progress in deleveraging, reducing its net debt to ‑1.6 billion. Additionally, the company initiated an ESG quality assessment in partnership with Ernst & Young to establish a sustainability roadmap.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Workplace Fatalities
Employees