APL Apollo Tubes (NSE:APLAPOLLO) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:APLAPOLLO APL Apollo Tubes Ltd NSE:APLAPOLLO
95 GF Score
Price ₹1,835.90
GF Value ₹2,085.73
Valuation Modestly Undervalued
! 1 Warning Sign
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What is APL Apollo Tubes Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

APL Apollo Tubes's operating assets for the quarter that ended in Mar. 2026 was ₹69,375 Mil. APL Apollo Tubes's operating liabilities for the quarter that ended in Mar. 2026 was ₹30,391 Mil. APL Apollo Tubes's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, APL Apollo Tubes's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


APL Apollo Tubes Scaled Net Operating Assets Historical Data

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The historical data trend for APL Apollo Tubes's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

APL Apollo Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.76 0.62 0.57 0.51

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
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

NSE:APLAPOLLO vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, APL Apollo Tubes's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, APL Apollo Tubes's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where APL Apollo Tubes's Scaled Net Operating Assets falls into.


NSE:APLAPOLLO
95GF Score
APL Apollo Tubes Ltd NSE:APLAPOLLO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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APL Apollo Tubes Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

APL Apollo Tubes's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(69374.6-30391.2)/75962.4
=0.51

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=88333 - 18958.4
=69374.6

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35367.7 - 3014.6 - 1961.9
=30391.2

APL Apollo Tubes's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(69374.6-30391.2)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=88333 - 18958.4
=69374.6

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35367.7 - 3014.6 - 1961.9
=30391.2

* 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.

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 ₹1,835.90 is trading 12% below its estimated GF Value™ of ₹2,085.73. GuruFocus considers APL Apollo Tubes to be Modestly Undervalued.

Key valuation signals for NSE:APLAPOLLO:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹2,085.73 vs. price of ₹1,835.90 (12% below fair value)
  • GF Score™: 95/100 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.
95GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,835.90
Price
₹2,085.73
GF Value