APL Apollo Tubes Limited — Earnings Release 2021

Oct 1, 2020

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APL Apollo Tubes Limited

37, Hargobind Enclave, Vikas Marg, Delhi – 110 092

- Q2 FY21 Sales Performance All time high volume Sales volume of 481,115 ton, +32% YoY

October 1, 2020: APL Apollo Tubes Limited (APL Apollo), India’s leading branded building material steel products company, today announced its sales volume performance for the quarter ending September 30, 2020. The Company registered a sales volume of 481,115 ton in Q2FY21. The volume improved by 32% YoY and 102% on QoQ.

As a special disclosure during COVID-19 pandemic, the company also announced provisional net debt figure which stands at Rs2,970mn as at 30 September 2020. The net debt was Rs3,544mn as at 30 June 2020 and Rs7,881mn as at 31 March 2020.

The sales summary for APL Apollo’s building material product range is:

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----- Start of picture text ----- Product Q2FY21 Q1FY21 Q2FY20Applications UsesCategory* (‘000 Ton) (‘000 Ton) (‘000 Ton)Structural steelApollo construction material -256 112 207Structural Residential, Commercial,InfrastructureGalvanized structuralsteel constructionApollo Z material -Residential, 92 57 63Commercial,InfrastructureApollo Home Improvement61 32 28Tricoat** applicationsGalvanized products forApollo Galv industrial and 18 13 18agricultural usesApollo Construction material,54 24 48Standard Industrial, AgricultureTotal 481 238 364----- End of picture text -----

Note: Sales volume in Q1FY21 was impacted due to COVID-19 Pandemic led lockdown

• Apollo Structural - Hollow Section, Apollo Z – Pre Galvanized (GP), Apollo Build - Galvanized (GI), Apollo Standard – Black Pipes

** APL Apollo Tubes Ltd owns 55.82% stake in Apollo Tricoat Tubes Ltd through a wholly owned subsidiary

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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 2.6 million tons. It has a pan-India presence with units strategically located in Sikandarabad (UP), Hyderabad, Bangalore, Hosur, Raipur, Dujana, Malur and Murbad. APL Apollo’s multi-product offerings include over 1,500 varieties for multiple building material structural steel applications. With state-of-the-art-manufacturing facilities, APL Apollo serves as a ‘one-stop shop’ for a wide spectrum of 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 presence in over 300 towns and cities.

For more information about us, please visit www.aplapollo.com or contact:

Deepak Goyal Anubhav Gupta APL Apollo Tubes Ltd APL Apollo Tubes Ltd Tel: +91 120 404 1400 Tel: +91 120 404 1400 Email: deepakgoyal@aplapollo.com Email: anubhav@aplapollo.com

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.

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