APL Apollo Tubes is engaged in the business of production of ERW steel tubes. The company is a 'One-Stop Shop' for a wide spectrum of steel structural products that caters to an array of sectors such as urban infrastructure construction housing energy automobile irrigation among others. The company has been a pioneer in introducing modern technologies in the industry and is the first Company in India to introduce the latest global technology - Direct Forming Technology (DFT). APL Apollo Tubes is the leading branded steel tube manufacturer in India. It sells its products under the APL Apollo brand. The company has a diversified product portfolio of 400 product variants. APL APOLLO complies with major quality certifications including ISO 9001:2008 ISO 14001:2004 & OHSAS 18001:2007. While 8% of the distribution is catered directly by the company the remaining 92% is managed through a comprehensive network of 625 plus district- wise distributors 40000 plus retailers and state-wise wholesalers. The company has six manufacturing units three at Sikandrabad Uttar Pradesh and one in Hosur Tamilnadu one in Bengaluru Karnataka and one in Murbad Maharashtra. The company has four wholly owned subsidiaries in India.APL Apollo Tubes Ltd was incorporated on February 24 1986 as a private limited company. The company started a unit at Sikandrabad (UP) to manufacture M. S. Pipe. And then they also set up facilities to manufacture G. I. Pipes. In October 19 1993 the company was converted into a public limited company. In 1995 they entered in to capital market by way of a public issue amounting to Rs 438 lakh. In 2002 the company modernized their plant. During the year 2009-10 the company commissioned world-scale manufacturing facilities at Hosur Tamil Nadu with installed capacity of 200000 MTPA and extend the brand 'APL Apollo' in promising markets. They transformed five of their branches in Ghaziabad Gurgaon Jaipur Pune and Ludhiana to a full-fledged steel product retail chain under the name of APL Apollo Steel World. Also the name of the company was changed from Bihar Tubes Ltd to APL Apollo Tubes Ltd to attain a strategic image makeover and brand building.During the year 2010-11 the company strategically acquired 100% shares of M/s Lloyds Line Pipes Limited (hereinafter known as LLPL) from its erstwhile shareholders in all cash deal inter-alia making it the Company's wholly-owned subsidiary on November 11 2010. They opened five additional warehouses-cum- branches at Nagpur Goa Bengaluru Hyderabad and Cochin to cater to the burgeoning demand in various industrial applications thereby strengthening the APL Apollo brand.The company's equity shares were listed on National Stock Exchange Ltd (NSE) with effect from December 14 2011.The company allotted 1500000 warrants to Mr. Ashok Kumar Gupta a person considered as promoter on a preferential basis on 14 February 2012 at a price of Rs 145/- each wherein each warrant entitled Mr. Ashok Kumar Gupta to subscribe for one Equity Share of the Company. Out of these fifteen lacs warrants 385000 warrants were converted in to equity shares on 23 March 2013.On June 21 2012 M/s. APL Infrastructure Private Limited a promoter group entity exercised its right to convert balance 641953 warrants into Equity Shares at a price of Rs.176 each. Accordingly 641953 Equity Shares having a nominal value of Rs.10 each were allotted to M/s. APL Infrastructure Private Limited on 21 June 2012 at a premium of Rs.166 per share aggregating to Rs.11.30 crore.During the financial year ended 31 March 2013 APL Apollo Tubes achieved the highest ever volume of ~464000 tonnes despite the deceleration in the global and domestic economy. The completion of the de-bottlenecking measures and the functioning of the new line at Murbad near Mumbai has aided in increased operational efficiency and higher production in the financial year under review. Three additional warehouse-cum-branches were opened at Solan and two in Ahmedabad to cater to the burgeoning demand in various industrial applications thereby strengthening the APL Apollo brand.During the financial year ended 31 March 2014 APL Apollo Tubes achieved the highest ever volume turnover despite the deceleration in the global and domestic economy. The company achieved a volume growth of above 25% for the year. The company extended its geographical reach to the end-users strengthen its presence in tier II and tier III cities either via own warehouse cum branches or through dealer-distributors network. Additional warehouse-cum-branches were opened at Ananthapur Dehradun and Jodhpur to cater to the burgeoning demand in various industrial applications thereby strengthening the APL Apollo brand.The company increased its production from 464000 tonnes in FY2012-13 to 572000 tonnes in FY2013-14 a growth of 24%. During the year under review the company completed a capex of Rs 1100 million.On 13 August 2013 APL Apollo Tubes allotted 1115000 Equity Shares having a nominal value of Rs 10/- each to Mr. Ashok Kumar Gupta a person considered as promoter upon conversion of equal number of warrants. During the financial year ended 31 March 2015 APL Apollo Tubes recorded the highest ever volume despite the adverse conditions across the globe. The strategy and steps taken by the company in designing new products in steel tubes and pipes segment by innovative means has succeeded in a big way with the production and launch products like color coated pipes for the first time in India and window / door frames which have been designed and patented by the company will further boost the sales of the company as demand for these products is expected to grow significantly in rural and semi-urban areas of the country. The launch of color coated pipes is seen as a testimony to the company's strength and abilities in the Steel Tubes and Pipe segment. During the year under review the company opened an additional warehouse-cum branch at Chandigarh to cater to the burgeoning demand for its products across various industrial applications thereby strengthening the APL Apollo brand.During the year under review the company raised its capacity to almost 1.05 million tonnes and this represents a 31% rise in capacity over the last year.During the year under review credit rating agency M/s ICRA Limited upgraded the long-term rating from [ICRA] A- to [ICRA] A and has reaffirmed the short-term rating of [ICRA] A1 to the company. The outlook on the long-term rating is stable. During the financial year ended 31 March 2016 APL Apollo Tubes achieved the highest ever volume once again and break its previous volume despite the adverse conditions across the globe. The continued focus on brand image exercise and extending the geographical reach to the end-users strengthened the company's presence in Tier II and Tier III cities either via own warehouse cum branches or through dealer-distribution network. The dealer-distribution network increased significantly to 600. The effective steps towards measures to enhance cost efficiency across the verticals innovative approach in production and distribution of the products helped the company to control the manufacturing selling and distribution cost.During the year under review the company commissioned 5 new lines across all existing plant thereby enhancing the capacity from 10.50 lacs TPA to 13 lacs TPA. During the year under review the company ordered 8 lines of new HSU technology mills that will add over 5 lacs TPA at the existing sites and Raipur in FY 2017.The Board of Directors of APL Apollo Tubes at its Meeting held on 13 June 2015 approved the Scheme of Amalgamation of Lloyds Line Pipes Limited (wholly owned subsidiary) with the company to enable consolidation and further expansion of the company. The amalgamation would achieve economies of scale and other operational synergies which would result in the optimization of operation and capital expenditure and lead to increased competitive strength cost reduction and efficiencies productivity gains by pooling the financial managerial and technical resources personnel capabilities skill expertise and technologies of both the companies.During the financial year ended 31 March 2017 APL Apollo Tubes achieved the highest ever volume number. During the year under review the company ordered nine lines of new DFT technology mills out of which two commissioned and seven will be commissioned between July 2017 and March 2018 that will add over 0.5 MTPA at the existing sites. During the year under review the company started commissioning of Greenfield plant at Raipur to be fully operational by September 2017. During the year under review M/s Blue Ocean Projects Private Limited became subsidiary of APL Apollo Tubes.During the year under review the company appointed branding consultant as part of a comprehensive integrated marketing strategy to create the name APL APOLLO synonymous with the ERW steel pipes.