Apollo Steel Pipes Increases Sales Volume to 7,21,064 Compared with Q124

APL Apollo Tubes Limited, the world's largest branded structural steel tube company, has reported a significant increase in sales volume for the first quarter of fiscal year 2025. Despite challenges during the quarter due to general elections in the country, the company achieved its highest-ever sales volume of 7,21,064 tons. This marks a notable rise from 6,61,501 tons in the same period last year and 6,78,556 tons in the previous quarter.

Key highlights for Q1FY25 include a strategic focus on value-added products, which now contribute 60% to the company's sales, up from 57% in Q1FY24. The new Raipur plant has ramped up operations as planned, achieving a capacity utilization of 63% during the quarter.

Additionally, the Dubai plant, which began partial production in December 2023, operated at 95% capacity with plans to further enhance production capacity in the upcoming quarters. APL Apollo's comprehensive product range, including Apollo Structural, Apollo Z Rust-proof, Coated, and Apollo Galv Agri/Industrial pipes, contributed to the robust sales performance across various applications.

The increase in sales volume reflects APL Apollo's successful execution of its growth strategy amidst market challenges, positioning the company for continued expansion in the steel tube industry.

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Steel Pipe Market in India 

The steel pipe market in India covers a wide range of pipes used for various purposes, including construction, infrastructure, industrial applications, and plumbing. Steel pipes are preferred for their strength, durability, and resistance to corrosion. They are classified into categories such as seamless, welded, and fabricated, catering to different needs in residential and non-residential sectors.

Segmentation and Growth Prospects

The market is segmented by type (seamless, welded, fabricated), market structure (organized, unorganized), end-user (residential, non-residential), and sales channels (retail, e-commerce, direct). It is projected to grow at a CAGR of over 4.5% during the forecast period, driven by expanding residential and non-residential sectors and infrastructure projects.

Key Players

Major players in the market include Maharashtra Seamless Ltd, Jindal Stainless Ltd, Nippon Steel, APL Apollo, and Geberit Plumbing Technology India Private Limited. These companies dominate the semi-consolidated market landscape, catering to diverse consumer needs across India.

Overall, the steel pipe market in India is poised for growth, supported by ongoing urbanization, infrastructure development, and evolving consumer preferences towards durable and reliable piping solutions.

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Apollo Steel Pipes 

Apollo Steel Pipes, manufactured by APL Apollo Tubes Limited are renowned as India's leading structural steel tubes. Headquartered in Delhi NCR, APL Apollo operates 11 state-of-the-art manufacturing facilities with a combined capacity of 3.8 million tons.

These pipes are integral to a wide range of building material applications, offering over 2,500 varieties tailored for urban infrastructure, real estate, rural housing, commercial construction, greenhouse structures, and engineering projects.

Supported by a robust distribution network of over 800 distributors spanning more than 300 towns and cities across India, Apollo Steel Pipes are recognized for their quality, reliability, and versatility, serving diverse industry needs nationwide.