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APL Apollo Tubes Limited Capital/Financing Update 2020
62024_rns_2020-04-01_a34cee8a-f593-4545-baad-0be62e7e6cb3.pdf
Capital/Financing Update
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APL/SECT/DLH/SE: 2020-21 1
Electronic Filing
st April 2020
| National Stock Exchange of India Limited | Department of Corporate Services/Listing |
|---|---|
| "Exchange Plaza" Bandra-Kurla Complex, | BSE Limited |
| Bandra (E), | Phiroze Jeejeebhoy Tower, |
| Mumbai-400051 | Dalal Street, Fort, |
| Mumbai-400001 | |
| NSE Symbol : APLAPOLLO | Scrip Code : 533758 |
Dear Sir/Madam,
Re: Press Release
Enclosed herewith please find copy of Press Release being made by the Company today titled "FY20 Sales Volume Performance".
We request you to kindly take the above information on your record.
Thanking you
Yours faithfully For APL Apollo Tubes Limited
Deepak CS Company Secretary
Encl: a/a
APL Apollo Tubes Limited
37, Hargobind Enclave, Vikas Marg, New Delhi – 110 092
FY20 Sales Volume Performance
A growth of 23% in sales volume to 1.6 million tons
New Delhi, April 1, 2020: The COVID-19 Pandemic has led to nationwide lockdown starting 22 March 2020. APL Apollo Tubes Ltd (the company), India's leading branded structural steel tubing company, is complying with the directives issued by the Hon'ble Prime Minister and respective state governments to combat the pandemic. The Company has taken various measures to protect its employees, workmen and their families etc. at various offices and plant locations from the spread of COVID-19. The operations and manufacturing activities at all offices and plants have been temporarily closed till further notice as per the directions of the respective State Governments, to contain the spread of pandemic.
The company today announced its sales volume performance for the quarter ending March 31, 2020. The Company registered sales volume of 400,616 tons in Q4 FY20 (lower by 4% Y-o-Y) and 1,643,632 tons in FY20 (higher by 23%).
| ProductCategory* | Applications | Uses | Q4FY20('000Ton) | Q4FY19('000Ton) | Y-o-YChange(%) | FY20('000Ton) | FY19('000Ton) | Y-o-YChange(%) |
|---|---|---|---|---|---|---|---|---|
| ApolloStructural | Structural steelconstruction material-Residential,Commercial,Infrastructure | 188 | 238 | -21 | 870 | 766 | 14 | |
| Apollo Z | Galvanized structuralsteel constructionmaterial -Residential,Commercial,Infrastructure | 95 | 86 | 10 | 335 | 283 | 18 |
The sales summary is as below:
| Total | 401 | 418 | -4 | 1,643 | 1,339 | 23 | |
|---|---|---|---|---|---|---|---|
| ApolloStandard | Construction material,Industrial, Agriculture | 54 | 64 | -16 | 216 | 198 | 9 |
| ApolloBuild | Galvanized productsfor industrial andagricultural uses | 25 | 30 | -16 | 99 | 92 | 8 |
| ApolloTricoat** | Home Improvementapplications | 38 | - | - | 123 | - | - |
Note: Sales volume figures are for period '1 January 2020 to 21 March 2020'
* Apollo Structural - Hollow Section, Apollo Z – Pre Galvanized (GP), Apollo Build - Galvanized (GI), Apollo Standard – Black Pipes ** APL Apollo Tubes Ltd through a wholly owned subsidiary owns 50.86% stake in Apollo Tricoat Tubes Ltd
About APL Apollo Tubes Limited
APL Apollo Tubes Limited (APL Apollo) BSE: 533758, NSE: APLAPOLLO is India's leading structural steel tube manufacturer. Headquartered at Delhi NCR, the Company operates 10 manufacturing facilities with a total capacity of 2.55 million tons. It has a PAN-Indian presence with units strategically located in Sikandarabad, Hyderabad, Bangalore, Hosur, Raipur, Dujana, Malur and Murbad. APL Apollo's multiproduct offerings include over 1,100 varieties for multiple building material applications. With state-ofthe-art-manufacturing facilities, APL Apollo serves as a 'one-stop shop' for a wide spectrum of steel products, catering to an array of industry applications such as urban infrastructure, housing & commercial construction, solar plants, greenhouses, irrigation and engineering. The Company's vast 3 tier distribution network of over 800 Distributors is spread across India, with warehouses cum- branch offices in over 29 cities.
For more information about us, please visit www.aplapollo.com or contact:
Deepak Goyal APL Apollo Tubes Ltd Tel: +91 120 404 1400 Email: [email protected]
Anubhav Gupta
APL Apollo Tubes Ltd Tel: +91 120 404 1400 Email: [email protected]
DISCLAIMER:
Certain statements in this document that are not historical facts are forward looking statements. Such forwardlooking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. APL Apollo Tubes Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.