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APL Apollo TubesBOM:533758 +1.35%91 Interest Coverage is 9.04 as of Jun. 2026, which is 5% above its 10-year median of 8.64. GuruFocus rates BOM:533758 with a GF Score™ of 91/100 and a GF Value™ of ₹2,008.56 (Fairly Valued). The stock has 1 warning sign investors should review. Among 459 Steel companies, APL Apollo Tubes ranks better than 69.72% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. APL Apollo Tubes's
Operating Income
for the
three
months ended in Jun. 2026 was ₹3,519 Mil. APL Apollo Tubes's Interest Expense for the
three
months ended in Jun. 2026 was ₹-389 Mil.
APL Apollo Tubes's interest coverage for the quarter that ended in Jun. 2026 was 9.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for APL Apollo Tubes's Interest Coverage or its related term are showing as below:
BOM:533758'
s Interest Coverage Range Over the Past 10 Years
Min: 3.02 Med: 8.64 Max: 21.68
Current: 12.25
BOM:533758's Interest Coverage is ranked better than 69.72% of 459
companies
in the Steel industry
Industry Median: 4.6
vs BOM:533758: 12.25
APL Apollo Tubes (BOM:533758) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
APL Apollo Tubes Interest Coverage Related Terms
APL Apollo Tubes Interest Coverage Historical Data
* Premium members only.
The historical data trend for APL Apollo Tubes's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BOM:533758 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, APL Apollo Tubes's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
APL Apollo Tubes Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's Interest Coverage distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
APL Apollo Tubes (BOM:533758) has a Interest Coverage of 9.04 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on APL Apollo Tubes and its competitors. This is near median its historical median of 8.64. Over the past decade, APL Apollo Tubes' Interest Coverage has ranged from 3.02 to 21.68. According to the industry distribution chart, APL Apollo Tubes ranks #139 out of 459 companies in the Steel industry, placing it in the top 30.3%.
Is APL Apollo Tubes' Interest Coverage too high?
APL Apollo Tubes' current Interest Coverage of 9.04 is near median its 10-year median of 8.64. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 21.68. The Steel industry median Interest Coverage is 4.60. APL Apollo Tubes' value of 9.04 is 96.5% above this industry median. Based on the distribution chart, APL Apollo Tubes ranks #139 out of 459 companies in the Steel industry, which is above the industry midpoint. Overall, APL Apollo Tubes has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #139 out of 459 companies for Interest Coverage. This puts APL Apollo Tubes in the upper half of its industry. The industry median Interest Coverage is 4.60. APL Apollo Tubes' value of 9.04 is 96.5% above this benchmark. Historically, APL Apollo Tubes' own Interest Coverage has ranged from 3.02 to 21.68 over the past decade. While the company's 10-year median is 8.64 vs. the industry median of 4.60, APL Apollo Tubes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.60, based on 459 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APL Apollo Tubes's current Interest Coverage of 9.04 is 96.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on APL Apollo Tubes and its competitors. For the Steel industry, the median Interest Coverage is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APL Apollo Tubes's current Interest Coverage is 9.04, which is near median its own 10-year median of 8.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (BOM:533758) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,008.56, compared to a current price of ₹1,950.00 — trading 2.9% below its estimated fair value. The current Interest Coverage is 9.04, which is near median its 10-year median of 8.64 and 96.5% above the Steel industry median of 4.60. APL Apollo Tubes' overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For APL Apollo Tubes (BOM:533758), the current Interest Coverage is 9.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is APL Apollo Tubes (BOM:533758) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be undervalued.
The current stock price of ₹1,950.00 is trading 2.9% below its estimated GF Value™ of ₹2,008.56.
GuruFocus considers APL Apollo Tubes to be Fairly Valued.
Key valuation signals for BOM:533758:
Interest Coverage: 9.04 (near median its 10-year median of 8.64)
GF Value™: ₹2,008.56 vs. price of ₹1,950.00 (2.9% below fair value)
Industry Position: 96.5% above the Steel median (#139 of 459)
No single metric tells the full story. See the BOM:533758 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
91GF Score
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