APL Apollo Tubes (NSE:APLAPOLLO) 3-Year RORE % : 20.96% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:APLAPOLLO APL Apollo Tubes Ltd NSE:APLAPOLLO
96 GF Score
Price ₹1,893.10
GF Value ₹2,102.22
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is APL Apollo Tubes 3-Year RORE %?

APL Apollo Tubes NSE:APLAPOLLO +1.25% 96 3-Year RORE % is 20.96 as of Mar. 2026. GuruFocus rates NSE:APLAPOLLO with a GF Score™ of 96/100 and a GF Value™ of ₹2,102.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 597 Steel companies, APL Apollo Tubes ranks better than 68.68% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. APL Apollo Tubes's 3-Year RORE % for the quarter that ended in Mar. 2026 was 20.96%.

The industry rank for APL Apollo Tubes's 3-Year RORE % or its related term are showing as below:

NSE:APLAPOLLO's 3-Year RORE % is ranked better than
68.68% of 597 companies
in the Steel industry
Industry Median: -0.61 vs NSE:APLAPOLLO: 20.96

APL Apollo Tubes  (NSE:APLAPOLLO) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


APL Apollo Tubes 3-Year RORE % Related Terms


APL Apollo Tubes 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for APL Apollo Tubes's 3-Year RORE % 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.

APL Apollo Tubes 3-Year RORE % Chart

APL Apollo Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.66 12.89 6.50 9.57 20.96

APL Apollo Tubes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.57 7.35 17.26 20.80 20.96

NSE:APLAPOLLO vs NUE, STLD, RS: 3-Year RORE % Comparison

For the Steel subindustry, APL Apollo Tubes's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Steel Industry

For the Steel industry and Basic Materials sector, APL Apollo Tubes's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where APL Apollo Tubes's 3-Year RORE % falls into.


NSE:APLAPOLLO
96GF Score
APL Apollo Tubes Ltd NSE:APLAPOLLO
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

APL Apollo Tubes 3-Year RORE % Calculation

APL Apollo Tubes's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 43.33-26.4 )/( 97.01-16.25 )
=16.93/80.76
=20.96 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 20.96 mean?
APL Apollo Tubes (NSE:APLAPOLLO) has a 3-Year RORE % of 20.96 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on APL Apollo Tubes and its competitors. According to the industry distribution chart, APL Apollo Tubes ranks #187 out of 597 companies in the Steel industry, placing it in the top 31.3%.
Is APL Apollo Tubes' 3-Year RORE % too high?
APL Apollo Tubes' current 3-Year RORE % is 20.96. Based on the distribution chart, APL Apollo Tubes ranks #187 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, APL Apollo Tubes has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #187 out of 597 companies for 3-Year RORE %. This puts APL Apollo Tubes in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
A good 3-Year RORE % depends on the Steel industry context. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on APL Apollo Tubes and its competitors. APL Apollo Tubes's current 3-Year RORE % is 20.96. 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 (NSE:APLAPOLLO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,102.22, compared to a current price of ₹1,893.10 — trading 9.9% below its estimated fair value. The current 3-Year RORE % is 20.96. APL Apollo Tubes' overall GF Score™ is 96/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For APL Apollo Tubes (NSE:APLAPOLLO), the current 3-Year RORE % is 20.96 as of Mar. 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 (NSE:APLAPOLLO) Overvalued in 2026?

Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be undervalued. The current stock price of ₹1,893.10 is trading 9.9% below its estimated GF Value™ of ₹2,102.22. GuruFocus considers APL Apollo Tubes to be Modestly Undervalued.

Key valuation signals for NSE:APLAPOLLO:

  • 3-Year RORE %: 20.96
  • GF Value™: ₹2,102.22 vs. price of ₹1,893.10 (9.9% below fair value)
  • GF Score™: 96/100 with 1 warning sign

No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


APL Apollo Tubes Business Description

Other Exchanges 533758:India
Address Block-B, SG Centre Plot No 37C, Sector-132, Gautam Buddha Nagar, Noida, UP, IND, 201304
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.
96GF Score

Get the complete analysis for NSE:APLAPOLLO

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,893.10
Price
₹2,102.22
GF Value